Reason behind falling Bitcoin?

[Claus]

BTC is still falling to the pit and I want to know the reasons behind it and do you think it will go down more!

[justsimpleram]

I think the one most reason why bitcoin price is falling because of the thing banning on the big countries. Because some investors are decreasing because of that issue so that many people are just dumping their bitcoin. But I hope bitcoin will not gonna fall so down and gonna pump soon, and I hope bitcoin will have a new project that will make it pump again.

[aiviaa485]

Nothing is impossible because the cryptocurrency is always pluctuating, Bitcoin may drop its price to 1 USD but maybe all of it buys with all the money they have.

Bitcoin is very expensive now.

[cashbit]

The fall of Bitcoin is most likely due to the large number of traders who sell their Bitcoin in large numbers and in consecutive time. So that Bitcoin will go down slowly. Followed by users and other Bitcoin owners who panicked when prices dropped, and they sold their Bitcoin at a cheap price. So that Bitcoin is increasingly falling in price.

[Alcor]

Actually, there are no serious reasons for its growth. Bitcoin has a price of about six and a half thousand dollars and has a throughput of seven transactions per second. This is when many prospective coins already have hundreds of thousands of transactions per second and at the same time also almost zero commission fees. So who should grow in price?

[tamango]

BITCOIN is still "the king" and its price has fallen down less than all others altcoins so this is a good signal compared to altcoins. However BTC problems are still the same and are not solved:  slow transactions with HIGH transaction fees.
Bitcoin Cash partially solve this but many people do not like it so I think that BTC dominance will stand in next future.

[Hamida]

BTC is still falling to the pit and I want to know the reasons behind it and do you think it will go down more!

In my opinion It just market correction. There is many negative issue. I think it will rise and more stable again.

[sateyaam]

this year is not a bitcoin year, bitcoin has a pretty much setback in terms of price but not just bitcoin that has setbacks but almost all big coins that have their own market,
I think the biggest reason for this setback is that I think because of the rise of ico scams, and I think it would be nice if there was a legal entity coordinating each ico so that there would be no more scam that was unsettling to investors,

[Prime]

The biggest possibility of Bitcoin falling due to negative issues and the absence of users who bought it again and there are many users who sell Bitcoin with a large amount that causes the price of Bitcoin to decline. Followed by the number of users who panicked when prices dropped causing them to sell their bitcoin, and the automation of bitcoin prices dropped further. Hopefully in the future Bitcoin will be even better.

[Legends]

the unstable crypto market makes many people are frustrated. now the crypto prices are starting to crawl up, as well as btc. we can only hope that the price of BTC will continue to rise and stabilize.

[yousufatik]

Inside my individual thoughts and opinions I think a lot of people purchased bitcoin as a result of only determined opinion, that they imagined your opinion will certainly build a significant FOMO that could create a lot of people for you to bounce straight into cryptos and initiate committing which will make the retail price for you to bounce substantially. Nevertheless, opinion has broken with no very much convey . for the crypto marketplace and many men and women commenced offering off to look at minor earnings they have got achieved. I do think probably that's why bitcoin price tag will go along.

[Abusadeeq6]

Due to so many issues starting from this year,, bitcoin has been falling and still people didn't give up. So in the nearby future,, a those ban from different countries will be uplift

[wokee12]

One of another falling bitcoin because fake rumors, FUD or bad news. Also bitcoin falling because people absolutely abandoned bitcoin

[Jetski]

I think the reason why bitcoin is falling is due to the growing numbers of crypto coins everyday and many investors are selling their bitcoin and diverted their investment to new coins which they think profitable too.

[Anggit]

I think the reason for the fall of bitcoin is because many traders sell bitcoin, the more they sell, the crypto price weakens, bad news is also one of the weakening of bitcoin prices.