Why is the sudden Cryptocurrency price falling?

[pieppiep]

I think bitcoin price movements can go sharply downwards because of course there is bad news that makes whales and others who have large amounts of bitcoins try to knock down bitcoin prices, first the dump occurred at the Huobi exchange, they were whales trying to tear down bitcoin prices up to $28k.

[Linda78]

Cryptocurrency In the market Trading is entirely your responsibility.And you have to be careful not to overdo it. It is natural that the cryptocurrency will dump the market because the market can never be stable. Now maybe the market is in a dumping position It will not work if you lose patience because the market will be pumping once again. Bitcoin is a great platform.

[Gvent]

Cryptocurrency In the market Trading is entirely your responsibility.And you have to be careful not to overdo it. It is natural that the cryptocurrency will dump the market because the market can never be stable. Now maybe the market is in a dumping position It will not work if you lose patience because the market will be pumping once again. Bitcoin is a great platform.

Market volatility is its main property. It was on him that many built their capitals, and many simply went bankrupt. You need to have a lot of endurance, knowledge and experience to be able to make a profit in conditions of high volatility of the cryptocurrency market.

[trofim21]

a simple answer to this question, because for a very long time the market was in a growth phase, and today many coins are overflowing with money, you need to shake up the market and remove inexperienced players

[Linda78]

Cryptocurrency In the market Trading is entirely your responsibility.And you have to be careful not to overdo it. It is natural that the cryptocurrency will dump the market because the market can never be stable. Now maybe the market is in a dumping position It will not work if you lose patience because the market will be pumping once again. Bitcoin is a great platform.

[bayiajaib]

a simple answer to this question, because for a very long time the market was in a growth phase, and today many coins are overflowing with money, you need to shake up the market and remove inexperienced players

I think the nature of crypto market is fluctuate.
So, It will happen and continuous.
The reason why crypto currency price is falling, because Crypto must do correction before going up.

[bitbit97]

I would not say that it was really a sudden price fall. It was expected, as all the time since May we were growing. Right now I think we have entered "year 2018" according to 4 year bitcoin price cycle. So get ready for frequent price changes and drops.

[xeroz]

Yes indeed the market will continue like this is not stable. There are times when the pump and dump you have to be patient with it. Don't be rash and control your emotions well. The market goes down doesn't mean you will lose, you just need some time to wait for the market to stabilize and you will get a profit. Usually many traders in the current situation, they are too pessimistic and impatient that they panic and sell their coins at cheap prices.

[superminesweeper]

This is normal price fluctuation

[arnold dudicove]

I would not say that it was really a sudden price fall. It was expected, as all the time since May we were growing. Right now I think we have entered "year 2018" according to 4 year bitcoin price cycle. So get ready for frequent price changes and drops.

Yes, I think It's bitcoin price cycle every 4 years.
But that's normal, I still believe bitcoin and altcoins will have bullish again.
No worries about the market condition.