Why is Bitcoin Down?

[Morrower]

It's a normal behavior of any market. The rates can't only grow all the time. Wait a little and I'm sure Bitcoin will rise to a good value.

[Barkas]

Bitcoin market price value are still decreasing due to manipulation of some big guys in the crypto.For now all crypto currencies are dropped by 25 percent but it won't take long this will rise later this month.

I'm also sure that soon bitcoin will rise again, maybe later this year, so there's no need to worry about the current price fluctuation of bitcoin ..

[Beattysuhita]

I think bitcoin is not dead, even though the price is still cheap, for us bitcoin will not die without a clear element.

[Jaguar]

I think bitcoin is not dead, even though the price is still cheap, for us bitcoin will not die without a clear element.

This is not about the dead of bitcoin, it is about the down trend. Basically, price crash due to unfulfilled goals.

[I-Bit]

Many factors that makes Bitcoin down. A negative issue and declining demand in market are some of big factors that lead to the down of Bitcoin. We should be aware about this.

[densus88]

Looking as to why bitcoin is down

I think It is normal. Crypto currency is high volatile, Keep calm when the price is going down.

[obito uciha]

I think this is actually a good opportunity for us to buy assets.
and sell when prices rise.

[doc]

Looking as to why bitcoin is down

I think It just crysis, It is market correction. the affect of negative issue against bitcoin.

[hoodie]

In the fall of the cryptocurrency, there is nothing special. Unlike, for example, from shares of companies or assets such as oil and gold, digital money has no real price indicators. For shares, this is the number of clients, the cost of the means of production, various kinds of patents, and so on.

[Lucky Stone]

Why does bitcoin down I think due to its own which is always fluctuating? rightly so, the price is bitcoin cannot be stable, always experiencing movement. and it was made as an investment opportunity and many benefits.

[Gedang goreng]

because like this is the journey of bitcoin, the rise and fall of the value of bitcoin has indeed been a very natural thing and it has always happened ..

[DAMKAR]

Looking as to why bitcoin is down

I think negative issue against bitcoin, That's the reason bitcoin go down. Keep calm, Bitcoin will rise again soon. I believe it.

[ipanks]

I think bitcoin is not dead, even though the price is still cheap, for us bitcoin will not die without a clear element.

This is not about the dead of bitcoin, it is about the down trend. Basically, price crash due to unfulfilled goals.

The most reason why bitcoin is down is that people worry about the bitcoin price that can go down too deep and they cannot make any profit. This makes them sell the bitcoin they have which will push the price to go lower price and still to go down if the conditions continue. But I am sure that bitcoin can pass this and bitcoin will back to the higher price. As long as we can hold bitcoin we have and we still buy bitcoin at the lower price and be patient, the price will increase later.

[cacakuswaya1]

It's a normal behavior of any market. The rates can't only grow all the time. Wait a little and I'm sure Bitcoin will rise to a good value.

influence of theft, and a very, detrimental world economy will have an impact on the decline in bitcoin prices,
many popes who play also cause a decline in the price of bitcoin.

[densuj]

The price of bitcoin remained firm over the course of the past week, gaining three percent helping BTC move back up towards the $7,000 mark. Although right now the price of bitcoin goes down.
But don't forget that the cryptocurrency regulations were a big topic in several jurisdictions, including the U.S., the UK, and India, last week. There was also much talk about the highly-anticipated Bitcoin ETF. So the price of bitcoin will goes up again.