What is the reason why bitcoin price is lower today?

[Taloyskie22]

What is the cause?

[kogs05]

What is the cause?

Theres a lot of cases as we observe all of the news this year came from social media  are related to bitcoin which is bad. I dont think so if that all news are true. Some cases are the big business man manipulated they hold bitcoins so that the price will go down.

[Markjay11]

I don't think so but i think it is some issue why bitcoin price is goes down but i'm not sure because it is so hard to make a prediction in the price of bitcoin.

[TiffanyLien23]

Bitcoin price is lower today because of the fake news that spreading right now and fuds that make investors afraid to invest. So thats whu it is keeping going down but it will never be gone.

[Heronzkey]

Maybe because of the reason why the price dropped, china because many investors were suddenly banned from their country, and other countries, maybe if it did not get so much price.

[diygirl]

One reason that makes bitcoin prices go down is price manipulation by whales. But the market is not wholly controlled by whales. Because the rise and fall of the price of bitcoin depends on the number of requests and offers.

[Raboni]

It is possible because of less demands. But it doesn't mean the demands is the only thing to have price hike. There is a process before there will have price rise.

[D_sally]

In fact, today the situation is not so bad.  Namely, Bitcoin does not fall in price, that is, people stopped withdrawing their coins, but so far there are no investors, because the price is not growing.  It seems to me that everyone is waiting for the gradual growth to begin!

[Cryptoz]

The main reason is about the effect of bear market. All cryptocurrencies have experienced the price reduction during the decline cycle. It makes many investors afraid to buy bitcoin. Because of the less demand in market, the price goes down. Moreover, there are some negative issues about the future of crypto and government bans.

[Sabarhati]

yes this is indeed not a problem that is so bad, because bitcoin does have a price value that is always up and down, which cannot be predicted by its movement ..

[dekafee79]

What is the cause?

I think It just market corrections. There is many negative issue and the several governments ban bitcoin. I see.

[Bit]

I think it is caused by lack of interest of investors to buy bitcoin. I guess they will wait for the market recovery to buy bitcoin again. It means during bear market the price of bitcoin tends to be lower. 

[HanZo04]

I think it is caused by lack of interest of investors to buy bitcoin. I guess they will wait for the market recovery to buy bitcoin again. It means during bear market the price of bitcoin tends to be lower.

I always ask questions about this, if investors continue to wait for market recovery, when will it happen, isn't that what causes an increase in the market is the demand for a coin from investors?