Topic: WHY THE SUDDEN FALL IN BITCOIN PRICE? (Read 607 times)
In my humble opinion prices are reflect of market activities like buying and selling power of balance. Expecting only one bias of equilibrium is worst mistake on volatily market like cryptocurrency market and penny stocks. Market activity can be measured is naked price chart which is only visible for traders who already passed 10k screen time.
There are many factors affecting BTC and most of the cryptocurrency to drop that low. One of my theory and opinion about this it is because of the price increase of the BTC last December 2017. Why? First because of the jump of $20k price of BTC more people trade their coin and so much of mining company has opened and started to get BTC. Because of this mining companies the supply of the BTC was increase filling the amount of the demand of the people wants to get some. So the price suddenly drops as the people wanting to have BTC was doubled in mining.
Well i think that's already an accepted fact. I don't think bitcoin was meant to pump that high last year esecially at the pace it did it. Many consider this as still part of the correction though i think several factors also add to why we've been mostly red. Doubts and fear for new investors? Manipulation? Too many fud about regulations?
There are many factors affecting BTC and most of the cryptocurrency to drop that low. One of my theory and opinion about this it is because of the price increase of the BTC last December 2017. Why? First because of the jump of $20k price of BTC more people trade their coin and so much of mining company has opened and started to get BTC. Because of this mining companies the supply of the BTC was increase filling the amount of the demand of the people wants to get some. So the price suddenly drops as the people wanting to have BTC was doubled in mining.
I think there is a reason for the decline in the price of Bitcoin, but there are good things about cryptocurrency, everything in the world is like a wheel, always spinning. Sometimes they are above and sometimes below. But we cannot ignore the fact that investors are getting smarter in their investments. They might be interesting one day intra or trading for everything we know. And on this bearish trend, everyone will do everything to make a profit.
One of the reasons why Bitcoin's poor liquidity and Bitcoin prices have fallen sharply is that less and less interest from investors. At the time when the market was excited, investors saw Bitcoin as a super-profitable investment, so BTC's price could easily recover after each drop as there are always new investors who want to buy Bitcoin at good price. However, the current situation is far different.
You have to keep one thing clear.Since bitcoin is the digital currency and decentralized behaviour,the price will fluctuates for sure .So use both the upward and downward fluctuations to sell and buy bitcoin. Actually ,you will get more profit by this fluctuations.You should use the opportunity to shine in trading.
maybe you need to know what did happen in January 2018 because the beginning of the falls happens in that month and I think you can find a good information by analyzing the situations in that month. and from that month, we still going down and even we reach the lowest price in the last few months but we have a chance to see the bitcoin price increase again in the next months. people become panic because of the bad news, people cannot be patient to wait for the price and else.
I'm more bearish than bullish, but I'm definitely happy to break down out of this wedge pattern, trading has been predictable and boring (atleast on the trend) and looking to mix it up with some newer opportunities.
Stay safe, take calculated risks, and hopefully the bull market is right around the corner, good luck!
Seemingly, you're very optimist in the current situation of the market and didn't bother by all the fuss in the market and that's the spirit tho.
And I know many had shaken weak hands and after this fall the one who believe are the one that will see the moon. Fuds will not be gone here so be used to it and love every flaws.
Alot rest on the outcome of SEC decisions on numerous ETF applications filed before her. Unfortunately, the decisions have not been favourable so far which is why many are skeptical about Bitcoin and several investors are pulling out of the market. If we can secure ETF approval then we might witness another reasonable upsurge in price.
I have been wondering what could be the possible causes of the sudden fall in the price of bitcoin and the altcoins.I know from experience that it will surely rise again but I wish to know the possible causes of the fall in prices.
The sudden fall in the bitcoin price is that there are only a few coin that is circulating in the market cause there are only a few who invest. The coin that is only circulating now is from the people who invest last year. If there are many people who will invest on the market then the price of the bitcoin will not fall cause the coin is in demand due to many people who is investing on it.
I have been wondering what could be the possible causes of the sudden fall in the price of bitcoin and the altcoins.I know from experience that it will surely rise again but I wish to know the possible causes of the fall in prices.
it is because the supply is high thats why theres a sudden drop of bitcoin price
One of the reasons, I think, was the hacking of bitcoin made large exchanges. These incidents made investors felt the insecurity of the bitcoin investments. Emotions were high with the investors that brought a negative outlook with the market.
Don't you read crypto news mate ? You can easily find out the reasons of increase/decrease in price of BTC and various currencies if you follow the crypto news. According to news the recent fall in the price is due to SECdelaying the ETF announcement and further the latest news says about the insider trading rumors of Bitmex exchange. These have made the price lower and the prices won't increase until there is a strong positive news about BTC.
I have been wondering what could be the possible causes of the sudden fall in the price of bitcoin and the altcoins.I know from experience that it will surely rise again but I wish to know the possible causes of the fall in prices.
it is because the supply is high thats why theres a sudden drop of bitcoin price
Just fundamentals, when there is a sudden dip in the price of bitcoin, it is always as a result of some news, In recent times, it has been the Bitcoin ETF/SEC news
Well we can state the obvious that this market is really prone to manipulation that's why the price dramatically declined. But we can't discount the fact that investors or speculators are beginning to be smarter on their investments. They might be pulling a intra day or day trade for all we know. And at this bearish trend, everyone will do everything to make a profit. Take note that I said profit, not huge one. At least 10% will be considered a good returns, IMHO.
I have been wondering what could be the possible causes of the sudden fall in the price of bitcoin and the altcoins.I know from experience that it will surely rise again but I wish to know the possible causes of the fall in prices.
Due to several factors such as media giving bad terms about Cryptocurrency.
Tappi can also be because whale whales raise and lower the price of Bitcoin.
Maybe it's better you buy tokens at the lowest price like 10 satoshi and 20 satoshi for coins whose value is thousands.
Tappi can also be because whale whales raise and lower the price of Bitcoin.
Maybe it's better you buy tokens at the lowest price like 10 satoshi and 20 satoshi for coins whose value is thousands.
I believe that there is manipulation happening now in Bitcoin. There are many whales out there making money on the poor or newbie in crypto, specially those people or big company spreading fake news or FUD just to make the price dump or pump. This is reality.
I have been wondering what could be the possible causes of the sudden fall in the price of bitcoin and the altcoins.I know from experience that it will surely rise again but I wish to know the possible causes of the fall in prices.
It will fall and fall the price but i know that someday the bitcoin will increase and the trades will be rich because of bitcoin. 
I have been wondering what could be the possible causes of the sudden fall in the price of bitcoin and the altcoins.I know from experience that it will surely rise again but I wish to know the possible causes of the fall in prices.
Actually, it is not only Bitcoin which is currently experiencinh difficulties when it comes on the market value at this moment. Most of the cryptos are now having continuous dumps in the prices. The market volatility might be the best yet simplest reasom why this dump took place. The market last year suddenly increased and correction maybe is what we are experiencinhg. 
I have been wondering what could be the possible causes of the sudden fall in the price of bitcoin and the altcoins.I know from experience that it will surely rise again but I wish to know the possible causes of the fall in prices.
Most of this has been discussed ranging from bad news, panic sell or ban from country and crypto regulation, if you read then you can estimate yourself about the decrease in cryptocurrency, essentially the crypto decrease is due to the holder, so if the holder loses the trust maybe karean bad news or such then the crypto value will drop.Jump to: