Why is the sudden Cryptocurrency price falling?

[AGM]

U.S government imposes more tariffs on crypto currencies which has a little effect on the market. However it is for the short time. Moreover the market take a little correction. I hope the market will get the previous bull session again. 

[pacar_tiri]

Don't be surprised if the cryptocurrency market is falling down, this is just normal everyone sold their coins because they already gained profit so expect the down price happens after the bitcoin or altcoins reaching in the highest price.

Yes, That's normal, current market is going strong again.
I see market is going back to green, It seems the bullish season will happen soon.
Let's check your wallet, my coins already green again now.
Believe it, It will pump.

[Noverteno]

Don't be surprised if the cryptocurrency market is falling down, this is just normal everyone sold their coins because they already gained profit so expect the down price happens after the bitcoin or altcoins reaching in the highest price.

Yes, That's normal, current market is going strong again.
I see market is going back to green, It seems the bullish season will happen soon.
Let's check your wallet, my coins already green again now.
Believe it, It will pump.

I do not see anything normal in the last drop in prices. This would be normal for any other time frame, just not for the second half of the fourth quarter. The current fall in prices in the cryptocurrency market means that we will not see a bull market yet. We will again observe for a long time how prices again creep up, then roll back. In general, to repeat again what happened in the last six months.

[Galley]

How many people, so many opinions, we can observe about the current situation in the market. After another growth, we are seeing a correction, which may lead to a further rise in bitcoin. To what level we will reach is anyone's guess. Most likely, there will be no fall until the end of the year.

[Shahinaz]

The Cryptocurrency market is showing red candle Bitcoin dropped in price value from $64 to $57 and many more token are also doing rise and falling at the moment, Anybody get idea what is really happening to Cryptocurrency market that made so many altcoins dropped in value, meaning that crypto currency is not stable at the moment.

one thing that usually happens if bitcoin goes down altcoins all go down, but the red candle comes too fast, newATH  bitcoin and alt are not 100% perfect, when the red candle comes like this that's where our opportunity to shop (the profit side when the red candle comes ) ,
but for now the market situation is difficult to predict so if we are going to shop we have to be really selective in choosing the coins we will buy,

[nakmantu99]

How many people, so many opinions, we can observe about the current situation in the market. After another growth, we are seeing a correction, which may lead to a further rise in bitcoin. To what level we will reach is anyone's guess. Most likely, there will be no fall until the end of the year.

Correction is always happening every time, so keep calm.
Market is going strong again now, I think we should wait about the progress of  this month. Will be big bullish, I think .
So, hold and wait.

[tonymillions84]

i don't think that was the main reason the market slide a little bit this week.  i think we all need corrections. just like the normal market strategy. the market will always raise and drown at some point in time. it is market correction and not just the down slide. we will see more in the future and people will sell off like they are about to loose everything. as a long term trader, you should follow and understand how the market works.

[TopT3ns]

In my opinion, when the price of cryptocurrency collapses, there is usually bad news circulating that makes the whales play with the price to sell their assets and make the price collapse because when it collapses, many panic and sell it at a low price, after that the whales take advantage of the movement to buy back when the price falls. inexpensive.

[Ghozrd]

Negative information from the Chinese government makes crypto prices go down, in fact this often happens and things like this often make coin prices go down, something I can't forget when Elon Musk refused Bitcoin payments, at that time the Bitcoin price dropped to below $29k but the price back up and reach new ATH

[jhm]

Isn't much surprise to see falls. You'll see these same falls, like you'll see the same highs again (and beyond)

[MrSpasybo]

In my opinion BTC price has increased continuously from 42K USD to 67K USD without a big enough correction, it is completely reasonable for BTC to return to test 55K-57K for it to continue to grow and reach 90K before new Altcoin season.

[satpol_PP]

In my opinion BTC price has increased continuously from 42K USD to 67K USD without a big enough correction, it is completely reasonable for BTC to return to test 55K-57K for it to continue to grow and reach 90K before new Altcoin season.

Yeah,  I think bitcoin needs correction before reach at higher price.
Maybe as you said, bitcoin will touch 90K USD, Hopefully it will happen at the end this year, December.

[bitbit97]

But is it really ok for correction to be that big? 10-20% correction is ok? For me correction is something quick, severals days and we are back, growing. But we are falling down for more than a week already.

[NancyDeep]

Honestly speaking, I have no idea.
Seems normal, we have to adjust ourselves to such volitile market, it is crypto we're talking about.

[Zezari]

This is exactly unless it is a fall that recovers very quickly and even outgrows its fall. If the market is sagging, it does not say that it will fall further, maybe what happened in the market or in the world.