Bitcoin prices are falling every day. People blame Elon Musk and China for the constant decline in the price of Bitcoin. Various investors are currently very frustrated. When the CEO of car dealership Tesla accepted Bitcoin for trading, every investor was much happier. But now Tesla Ers Eo has suspended Bitcoin again. So the level of investment around the world has decreased, albeit slightly. So everyone thinks that the main reason is that when Tesla suspended bitcoin, the price of bitcoin has been falling.That Elon musk tweet might have contributed to the decline in the price of Bitcoin but that now there is much more other news that keeps worsening the situation. Like the china ban/crackdown on crypto again and even the recent US pronouncement on Crypto tax.
I believe something will definitely make the price come down, it is either the market is in a natural correction after continues uptrend for some time or some influenced news affecting the market like all the once we are currently witnessing from Elon Musk to China ban and like you said, even the US intended Crypto transaction Tax.Bitcoin prices are falling every day. People blame Elon Musk and China for the constant decline in the price of Bitcoin. Various investors are currently very frustrated. When the CEO of car dealership Tesla accepted Bitcoin for trading, every investor was much happier. But now Tesla Ers Eo has suspended Bitcoin again. So the level of investment around the world has decreased, albeit slightly. So everyone thinks that the main reason is that when Tesla suspended bitcoin, the price of bitcoin has been falling.That Elon musk tweet might have contributed to the decline in the price of Bitcoin but that now there is much more other news that keeps worsening the situation. Like the china ban/crackdown on crypto again and even the recent US pronouncement on Crypto tax.
All cryptocurrencies have continued to go down but I believe that there will be a recovery someday.
Bitcoin prices are falling every day. People blame Elon Musk and China for the constant decline in the price of Bitcoin. Various investors are currently very frustrated. When the CEO of car dealership Tesla accepted Bitcoin for trading, every investor was much happier. But now Tesla Ers Eo has suspended Bitcoin again. So the level of investment around the world has decreased, albeit slightly. So everyone thinks that the main reason is that when Tesla suspended bitcoin, the price of bitcoin has been falling.
Bitcoin prices are falling every day. People blame Elon Musk and China for the constant decline in the price of Bitcoin. Various investors are currently very frustrated. When the CEO of car dealership Tesla accepted Bitcoin for trading, every investor was much happier. But now Tesla Ers Eo has suspended Bitcoin again. So the level of investment around the world has decreased, albeit slightly. So everyone thinks that the main reason is that when Tesla suspended bitcoin, the price of bitcoin has been falling.You are right bro. But I believe bitcoin will go good position very soon.
Bitcoin is acting like $30,000 was a floor. It quickly bounced back from that price and is currently trading around $37,200. It’s like investors collectively decided $30,000 was low enough that they’d be willing to buy in at that price.
The main reason for the fall of bitcoin is negative news towards it, the latest news was from China, which increased the pressure on bitcoin miners, then the United States with its new rules with the tax system, and of course Elon Musk.Obviously, bad news about bitcoin via social media really puts pressure on the bitcoin movement, we can't avoid this fact. supposed bad news like @elonmusk and Bitcoin banned in China, it must spur to keep moving. But many investors are disturbed by news like this and obviously this is not good for the foreseeable future. do not get used to things like this to disturb the movement of bitcoin and must be optimistic that it is news that does not need to be exaggerated.
Most people say that the cryptocurrency market is falling due to the fact that China wants to fight against bitcoin and crypto mining, I do not know if this is true or not, but as you can see, the cryptocurrency market reacted very strongly to these news and if these news are true, then perhaps a bearish trend may be starting or has already begun.Well I wouldn't really call it a bear market yet but there was a reaction to all those news (FUD) that was going on with the cryptocurrencies especially Bitcoin from Elon Musks' tweet to China BAn again and even the US crypto Tax proposal.
From 1 month BTC comes down regularly and the other ALT coins will also comes down what is the main reason that it comes down day by day?This is called fluctuation, many people are buying and selling these coins. And that trade causes price changes that sometimes go up and sometimes go down. But this is precisely what can make a Cryptocurrency trader benefit.
From 1 month BTC comes down regularly and the other ALT coins will also comes down what is the main reason that it comes down day by day?Thank you very much for pointing out a beautiful thing.I personally do not understand why the market is declining in such a way.I invested a bit on ether but a lot of tension is what happens.If the market continues to dump, then I will lose a lot.While it is true that the crypto market will certainly go down but the market has gone down a lot it is unbelievable.Given the current state of the market, I would tell everyone to take care of your shops.
From 1 month BTC comes down regularly and the other ALT coins will also comes down what is the main reason that it comes down day by day?The forces of demand and supply was responsible for the decline in the price of bitcoin which affects it equilibrium in the case of drop in the price of bitcoin the supply outweighs it demand thus push the price down probably as a result of due to a negative fundamental news just like the recent Elon Musk tweet that sent FUDs into the market which triggers a lot of sellers in the market consequently brought down the price of bitcoin
It is difficult to say why bitcoin is sinking, maybe it is done specifically by whales to stabilize the market. Bitcoin is also reacting to the global market, it's very difficult to talk about it right now.
From 1 month BTC comes down regularly and the other ALT coins will also comes down what is the main reason that it comes down day by day?You have mentioned only the price down of bitcoin but why have you avoid to mention the price rise of bitcoin over the recent year. We have noticed that price of maximum coins and tokens have largely increased. Investors and traders have got a handsome profit. We should remind that price does not go only in the upward. It has both ups and downs. So falling price of the tokens and coins is not a astonishing matter I think. But don't be upset. Market will recover and price will rise in near future. Just hold and wait.
Market will recover and price will rise in near future. Just hold and wait.Yes, what we should do is to be patient in waiting for the next big pump in Bitcoin price. Actually, the price of Bitcoin has shown us the sign to increase again constantly in the near future. We don't need to hurry or too early claiming the Bitcoin price regularly decreasing as OP did. We believe that Bitcoin price and the crypto market will recover sooner or later this year. I am the same with you, sill optimistic that the bullish continues for Bitcoin and altcoins.
Bitcoin prices are constantly falling. Not only Bitcoin but other coin prices have come down a lot. Currently, almost all investors are disappointed. At present the number of investors is decreasing day by day. Because they have suffered huge losses from cryptocurrency. Hopefully very soon the market situation will get back to good and the price of other coins including Bitcoin will go up. This will put a smile on the face of cryptocurrency related people.
From 1 month BTC comes down regularly and the other ALT coins will also comes down what is the main reason that it comes down day by day?
Bitcoin regularly comes down for various reasons. One of those reasons is the FUD, which makes people fear and sell their coins quickly and very cheaply, another reason in this case has been Elon Musk's tweets saying that Tesla was not going to accept Bitcoin as a payment method, and another reason is the news that China is going to ban (this is the seventh time in eight years) Bitcoin. For better or worse, this is not the first time these things have happened, and Bitcoin and the rest of the market have managed to rebound.
Bitcoin was coming down even before Tesla got involved. It's just the nature of the market - you have a big rally and then there is a deep correction.
From 1 month BTC comes down regularly and the other ALT coins will also comes down what is the main reason that it comes down day by day?
After Musk's tough announcement to stop selling Tesla electric vehicles for cryptocurrency, Bitcoin is constantly storming. Its fall can be called one of the most rapid in recent years. We can only hope for the SEC - its decision on the Bitcoin ETF could change the situation to a favorable one.
After Musk's tough announcement to stop selling Tesla electric vehicles for cryptocurrency, Bitcoin is constantly storming. Its fall can be called one of the most rapid in recent years. We can only hope for the SEC - its decision on the Bitcoin ETF could change the situation to a favorable one.Indeed, we cannot deny that social media still plays an active role in making things good or vice versa.
From 1 month BTC comes down regularly and the other ALT coins will also comes down what is the main reason that it comes down day by day?
A few days ago, the price of Bitcoin was being dumped regularly. But now it is about to recover again. The price of bitcoin is rising at a rocket speed again.Bitcoin will return to its previous state in a few days as the price of bitcoin continues to rise. The price of Bitcoin has risen in the cryptocurrency markets so the market will soon pump up again.
It may not be possible for anyone to say why the price of Bitcoin is constantly declining.However, many feel that the Chinese have stopped supporting Bitcoin, which is why Bitcoin is being dumped so heavily.The price of all coins is now falling in the cryptocurrency market.The price of Etherium coin has decreased the most.Such a state of the market has caused frustration among investors.We all hope that the market will turn around again.
Bitcoin price declines regularly because bitcoin is a very volatile asset. It rises and it falls regularly and this is normal. Just zoom out on the charts and we can see that there have been other major price declines in previous bull runs where bitcoin declined %20-50 and still managed to reach all time highs again and exceed them.Broadly speaking, it is clear that the price of bitcoin will always go up and down depending on the exchange market that involves trading bitcoin. but the current decline is the effect of bad news that comes in a row and is interpreted by investors to be too exaggerated by taking actions that result in bitcoin being deeply corrected. fortunately there are still those who are not affected by it and can still keep bitcoin from getting worse.
From 1 month BTC comes down regularly and the other ALT coins will also comes down what is the main reason that it comes down day by day?
I couldn't agree more. I believe that the whole cryptocurrency market is been manipulated even when the prices are going up because that's where they want it to be at that moment. If not, we wouldn't have just one guy tweets about something and the market move either up or down depending on what they said about that crypto asset, so I agree with you that ist all been manipulated.From 1 month BTC comes down regularly and the other ALT coins will also comes down what is the main reason that it comes down day by day?
It is called market manipulation, also profit takers and panic sellers all happening at once, whales are manipulating the price, dumping it in other to buy at very low price, I don't see any other explanation about it, even the occasional fud is to make the price crash so that whales can accumulate more.
From 1 month BTC comes down regularly and the other ALT coins will also comes down what is the main reason that it comes down day by day?
China straight up banned banks (https://www.forexbrokerz.com/news/bitcoin-falls-below-30000-after-china-orders-banks-to-stop-supporting-crypto-transactions) from supporting crypto transactions, that was the main reason for the current severe depreciation. It probably won't get better anytime soon.
From 1 month BTC comes down regularly and the other ALT coins will also comes down what is the main reason that it comes down day by day?
We should not be easily influenced by the existing FUD, in fact it is just the act of the big whales who want the price of Bitcoin to go down and then they can buy Bitcoin in large quantities. Prices go down I hope everyone can stay calm, hold your coins and get bigger profits from now on.Yes, you are right and I believe that people know this but the fact that they will keep reacting to any news that comes along is what worries me in the crypto market. Investors understand that if the market goes down is an opportunity to buy more but everyone keeps thinking it should only go up and while it is up, most will complain of the price to come down :D
From 1 month BTC comes down regularly and the other ALT coins will also comes down what is the main reason that it comes down day by day?One of the reasons why Bitcoin prices are dumping every day is that Elon Musk, the richest man in the world, doesn't support bitcoin.We have seen him tweet negatively about Bitcoin on his Twitter account, causing the price of Bitcoin to skyrocket.I think this is one of the reasons why the price of Bitcoin is falling.
One of the reasons why Bitcoin prices are dumping every day is that Elon Musk, the richest man in the world, doesn't support bitcoin.We have seen him tweet negatively about Bitcoin on his Twitter account, causing the price of Bitcoin to skyrocket.I think this is one of the reasons why the price of Bitcoin is falling.
In fact, the price does not fall, but fluctuates, this is the nature of the market. After a fall there is always a rise, and after a rise there will definitely be a fall. I understand that these are elementary things, but not everyone knows and understands it
Bitcoin prices are falling every day. People blame Elon Musk and China for the constant decline in the price of Bitcoin. Various investors are currently very frustrated. When the CEO of car dealership Tesla accepted Bitcoin for trading, every investor was much happier. But now Tesla Ers Eo has suspended Bitcoin again. So the level of investment around the world has decreased, albeit slightly. So everyone thinks that the main reason is that when Tesla suspended bitcoin, the price of bitcoin has been falling.Elon Musk and the Chinese government only brought closer and accelerated the next general drop in prices in the cryptocurrency market. It was all the same inevitable, because the last unprecedented price increase lasted from October to May, that is, for seven months, and the cryptocurrency cannot constantly rise in value. Market participants inevitably start fixing their profits by selling them at high prices, supply increases and prices inevitably fall until they reach a support level. After that, people start buying cryptocurrency at low prices and it goes up. This repeats cycle after cycle.
The current state of Bitcoin is very bad, we can understand when we look at the market. The price of Bitcoin was 60 thousand dollars a few days ago. The price of that bitcoin has come down and now the current situation of those who used to trade with bitcoin around 40 40 has become very bad. But this day will not last long.Bitcoin prices are falling every day. People blame Elon Musk and China for the constant decline in the price of Bitcoin. Various investors are currently very frustrated. When the CEO of car dealership Tesla accepted Bitcoin for trading, every investor was much happier. But now Tesla Ers Eo has suspended Bitcoin again. So the level of investment around the world has decreased, albeit slightly. So everyone thinks that the main reason is that when Tesla suspended bitcoin, the price of bitcoin has been falling.Elon Musk and the Chinese government only brought closer and accelerated the next general drop in prices in the cryptocurrency market. It was all the same inevitable, because the last unprecedented price increase lasted from October to May, that is, for seven months, and the cryptocurrency cannot constantly rise in value. Market participants inevitably start fixing their profits by selling them at high prices, supply increases and prices inevitably fall until they reach a support level. After that, people start buying cryptocurrency at low prices and it goes up. This repeats cycle after cycle.
No one know the right answer but I think this is impact from high fees and price, when market go too high, public will stop buy and wait. We need to reduce risk and maybe 28k for buy back. Everything haa end and history will repeat again.Well to me, the Bitcoin market is usually up and down due to price action. Most investors will definitely want to take profits at some point especially when the market is already showing the indication that it is in overbought from any of the indicators you use, maybe RIS. In this case, the more investor is selling to take profits, the more the price will drop coupled with the panic sellers at the time of price dips. Outside this, it could also be a FUD from any influential person or country forcing people to panic sell again.
From 1 month BTC comes down regularly and the other ALT coins will also comes down what is the main reason that it comes down day by day?
Maybe Chinese government has banned bitcoin mining now the reason why bitcoin came down.
But I hope It's just temporary..
Market will recover again and we will see the bullish again.
The vast majority of the mined Bitcoin comes from China. Is the ban not the most major problem right now?
It is time for Bitcoin to go down and Bitcoin also has a saturation period when the price is going up so there must be a decline for all investors to be able to profit in the future.When bitcoin and other cryptocurrencies rise in price, there comes a point where they stop buying due to the high price. At the same time, as the price has risen, there are many who want to sell their cryptocurrency at a higher price and make a profit. The supply of sales increases and purchases fall. Since there are more buyers than buyers, the price falls. Drops until the time when people start buying it. The price is rising. A new round begins. The periods of growth and purchase of cryptocurrency alternate. Of course, if you do not take into account various external factors, which also decently affect its price.
Bitcoin is still in a reasonable position between going up and down because Bitcoin is really very volatile and I hope Bitcoin goes down deep so I can buy more Bitcoin. LOL
From 1 month BTC comes down regularly and the other ALT coins will also comes down what is the main reason that it comes down day by day?
That's the normal development in any given market, Bitcoin and cryptos in general are no different. The correction will end eventually.
Maybe. Personally, I don't think we will see such a breakout before the end of the holidays. Sometime next year though? That's very likely.
From 1 month BTC comes down regularly and the other ALT coins will also comes down what is the main reason that it comes down day by day?The decline in the price of Bitcoin at that time was caused by the FUD from the Tesla CEO, but the good news is, we can learn from it, the price increase was caused by the limited number of Bitcoin demand and supply, currently we are still seeing a correction in the Bitcoin price, but we can see future BTC Price increase, maybe up to $100k usd
I can say that it has broken the recent decline. Looks good at $50,000. I think when the year 2022 starts, the real bitcoin rally will start and it can do well by the end of February.I can say that it has broken the recent decline. Looks good at $50,000. I think when the year 2022 starts, the real bitcoin rally will start and it can do well by the end of February.
From 1 month BTC comes down regularly and the other ALT coins will also comes down what is the main reason that it comes down day by day?
From 1 month BTC comes down regularly and the other ALT coins will also comes down what is the main reason that it comes down day by day?
Because current market is bearish, I think It's the reason why bitcoin seems go down.
But I see bitcoin is going up again now.
So we should no doubt
I think this price downtrend is very obvious.
From 1 month BTC comes down regularly and the other ALT coins will also comes down what is the main reason that it comes down day by day?
Bitcoin will recover soon and don't be afraid for all of us to lose this moment because the decline in Bitcoin prices is very dependent on the news that is preached in various online media.
Agree or not, we can confirm that all of this is full of schemes in determining the price of Bitcoin, it's just that we need a strong medium that dominates all media so that Bitcoin prices can go down.
Too many reasons to count, as to why. Celebrity influence, economic influence, world leaders, a whale selling his bag...The price of bitcoin and other cryptocurrencies falls periodically, simply because it cannot constantly rise up. Any growth must be followed by a period of correction and decline. In addition, all the same, each cryptocurrency will have its own price limit, since we still live in the material world, where everything has its price. In addition, good and bad news greatly affects the price of a cryptocurrency due to the fact that its price is formed solely on the basis of supply and demand.
The reason: because it is the time to enter the bearish season phase. Crypto market will experience a downtrend constantly during this phase, it is likely in 2022 no longer the time for bullish. The Bullrun is over already in the last year, people already took profits from their crypto assets. Now, the market will be back to bearish season again.
I must say that anyone that is current with the market trends will understand that the possibility of Bitcoin coming down is higher than it going up, that is, within 24hrs or on weekly basis. Bitcoin has the tendency to fluctuate downwards on the a long periods than it going up. Infact the green market periods is always very short time than the red market periods, and this has been the situations since Bitcoin was invented.
There are many reasons for this scenario, some of the reasons are, Negative news, speculations, whales activities etc.
Bitcoin has 2 possibilities, namely Up and Down.Bitcoin is so low in value because Bitcoin is being sold. It is precisely this action of traders that it is possible to rearrange their orders that were previously placed on the exchanges.
If Bitcoin goes down then we better buy it.
If Bitcoin goes up then it is better to sell it.
After selling Bitcoin, repeat to buy it below and repeat until you continue to collect a lot of Bitcoin.
The media always preach Bitcoin that changes every time between up and down, so enjoy it, friends!
Bitcoin has 2 possibilities, namely Up and Down.
If Bitcoin goes down then we better buy it.
If Bitcoin goes up then it is better to sell it.
After selling Bitcoin, repeat to buy it below and repeat until you continue to collect a lot of Bitcoin.
The media always preach Bitcoin that changes every time between up and down, so enjoy it, friends!