Why dumping Bitcoin price?

[Irfan12@]

Right now we can all see that the price of bitcoin is dumping a lot. What could be the reason behind dumping the price of this bitcoin. Here you can discuss how long it will take for the value of bitcoin to be pumped again.

Basically the reason behind dumping the price of bitcoin is that Tesla company-r will not support bitcoin.Every time Elon Musk tweeted this on his Twitter account, the price of Bitcoin has started falling very fast ever since.I think this is one of the reasons for dumping the price of Bitcoin.

[Maxtel]

Currently, the prices of almost all coins in the cryptocurrency market have been dumped.  Hopefully the drop in Bitcoin prices is a temporary phenomenon.  Very soon maybe the price of other coins including bitcoin will pump again.  If you look at the coin market cap today, you will see that the price of some coins, including Bitcoin, has increased more than the last two days.  I think this trend of increasing the price of coins will continue in the future.

[Monster5]

At present, the situation in the cryptocurrency market is not going very well, especially the price of other coins including Bitcoin and many are being dumped. I think crypto markets are not always the same, they take on a different form. Sometimes the market situation is good and sometimes it is bad. So it is normal that the price of Bitcoin will increase and decrease again.

[hobo66]

First big Reason is fud that created by Elon musk "Tesla not accepting Bitcoin" people fear that Tesla will sell all their Bitcoin.
Second News that china has banned the bitcoin mining and hence china is bigger source of bitcoin mining
These both news created a huge Fud and Finally result bitcoin Dumped hard

[Muneeb22]

Bitcoin will comes down so much this is true but still the big bull is not start becasue this time bull make the BTC go high so much and it touches the 200,000$ and the other coins will also go high that time.

[Ricky]

Sadly the whole cryptomarket has been dumping. At the same time, the bitcoin market has dumped a lot. I think the price of Bitcoin has dumped all the coins at once. My idea is that when the price of Bitcoin will pump, all the coins will pump immediately. I think the main reason behind the decline in the price of Bitcoin is that Elon Musk is not supporting Bitcoin.

[Sumaiya2]

Current Bitcoin prices are being massively dumped.  Because investors are now investing less and less which is why the price of bitcoin is falling more than rising.  On the other hand, it is seen that the price of all the other coins is now lower.  It can be said that the price of Bitcoin will go down in a few days but it is more likely to go up again.

[Acifix]

 I think the cryptocurrency market fluctuates all the time.  Currency prices in the cryptocurrency market sometimes go up and sometimes go down.  The cryptocurrency market is in a better position now than ever before.  I always believe it will go to a better position.

[Tamsialu$$]

Elon Musk is the one who has the most impact on the cryptocurrency market. And what many angel investors have is that whenever they make negative comments about Bitcoin, the price of Bitcoin comes down. Bitcoin has been being dumped ever since Elon Musk announced a few days ago that Telsa Company will no longer accept bitcoin transactions. Even after that, the price of Bitcoin will definitely go up this year.

[sampoerna]

There are several reasons why BTC price is dumping and still not sure when will rise up again. The market is still volatile and we cannot ensure how it will be. There is a big power that really influences. There is also some bad news about BTC and crypto. So, be patient and never panic sell

[Papusha20]

Bitcoin is falling twice as fast as it did in the beginning.  Thus, if the price of Bitcoin continues to fall for a while, then of course the price of Bitcoin may come down to a very low level. Currently Bitcoin is Price dumping.

[Power420]

Cryptocurrency news is changing drastically now because only prices have risen before.  And all investors are investing heavily which is why the cryptocurrency market was just upward.  But now the price of all coins has fallen and the cryptocurrency market has collapsed.  All prices are falling at a massive rate.

[rizqillah]

Right now we can all see that the price of bitcoin is dumping a lot. What could be the reason behind dumping the price of this bitcoin. Here you can discuss how long it will take for the value of bitcoin to be pumped again.

Negative news will have good affect to bitcoin, If bitcoin dumped, we all see almost all of altcoin dump.
That's normal, because bitcoin is the King of crypto currency, So It will be the trend centre.
I think It's not big dump, because I have seen the market starting to green again.
Don't be panic.

[Centus]

Looking at the current market, it can be seen that the price of Bitcoin has come down a lot. The reason why the price of Bitcoin is so low is that the famous car dealer company Tesla has suspended Bitcoin. Again JPMorgan considers bitcoin to be risky, with various companies currently removing bad news about bitcoin. There is a tendency to suspend virtual currency in China. So the price of bitcoin is constantly burning red candles.

[Power420]

Cryptocurrency is pumping the price of any token at any time and dumping it again.  It can be said to be part of cryptocurrency because no one can buy if the price of the token is not dumping and no one can sell if it is not pumped.  That's why I think it's normal for tokens to be dumped.