The fall from nearly $19,000

[Domithra]

Somewhere within last year, Bitcoin could rise as high up to almost $19,000 and this massive rise stirred up the interest and enthusiasm of investors. Few weeks later, Bitcoin began to experience gradual drop in price and now struggling to regain the position of the almost $19,000.
The question is: What is causing the drop in BTC? is Bitcoin ever going to regain that position and even beyond again? and if yes, when?(prediction)

[Souri]

Yes bitcoin will regain in my opinion, but I think the speed of value growth will not be as steeps as it was in end of 2017. As more and more institutional investors and big players come into the market, that are not panic selling on the slightest movement and have long term strategies (think funds and insurances) the market will loose volatility and gain stable growth rather than fast paced peaces. This plays into the more and more obvious transformation of BTC away from a currency into an asset.
30k$ in 2018 is my prediction if nothing unheard of happens.

[Lyfuuuuu]

Somewhere within last year, Bitcoin could rise as high up to almost $19,000 and this massive rise stirred up the interest and enthusiasm of investors. Few weeks later, Bitcoin began to experience gradual drop in price and now struggling to regain the position of the almost $19,000.
The question is: What is causing the drop in BTC? is Bitcoin ever going to regain that position and even beyond again? and if yes, when?(prediction)

The reason why the price of bitcoin suddenly goes down its because when bitcoin reach $19000 there's a lot of seller that becomes interested in selling, of course if there's a lot of supply and a lot of competition for you to be able to sell it you'll gonna lower your price.

[sakib.bro]

its match between supply and demand
as supply grows up the price going to fall
but when people found the demand of btc then the started to buy again and again

[EmoneyABC]

From my point of few, demand is so big that price of Bitcoin and other low supply cryptocurrencies shall only rise. That we occasionally see a sharp sell-off and correction was obvious to me but this bear market from 3 months surprise me. I thought that we will see big correction even to 70% of the price but I was sure that there will be a fast bounce back to new ATH. High demand and low supply shall work like this but isn't and that is what amazes me every time I look on this bear market chart. I think we will reach 5000$ or even less before we will see bull market again. After so long bull this bear could last even to 6 months so we are a halfway as for today. Keep low sell high and be reach as a hell.

[isomoyes]

Somewhere within last year, Bitcoin could rise as high up to almost $19,000 and this massive rise stirred up the interest and enthusiasm of investors. Few weeks later, Bitcoin began to experience gradual drop in price and now struggling to regain the position of the almost $19,000.
The question is: What is causing the drop in BTC? is Bitcoin ever going to regain that position and even beyond again? and if yes, when?(prediction)

i think there will be some reason that why as my point of view some of country  government ban crypto , big investor selling bitcoin,  social marketing getting trouble to advertisementing.
 

[felixesteban]

This is market cycle. It goes up , it goes down. Definitely it's sad for those who buy at 20k but nothing lasts forever. If you want to make some money you'll keep your position . Trading requires lots of patience.