Why dumping Bitcoin price?

[hasyurt]

Whales apply a policy of boredom to collect coins cheaply from the hands of the small investor. As Bitcoin moves up and down, altcoins are under serious pressure and fail to rise upwards. For now, BTC dominance is around 45%. If it goes even higher, this rate may see a serious selling pressure on altcoins again.

[Maxtel]

The prices of almost all coins in the cryptocurrency market are dumping day after day.  In particular, the price of Bitcoin has dropped a lot.  A special feature of the cryptocurrency market is that the price of coins fluctuates from time to time.  However, everyone is blaming the dumping that has taken place in the market.  In particular, there have been several tweets about Elon Musk's market and the Chinese government's ban on Bitcoin in that country.  Elon Musk's insanity about bitcoin and the legislation banning bitcoin in China are two of the reasons for the huge dumping in this market.  However, the current market situation will not last long, of course the market will change and the price of Bitcoin will rise again.

[Rokon5]

Not only Bitcoin all the coins in the cryptocurrency are going down for a few days.All coins will recover their popularity.I think Bitcoin prices will increase in few days.Main cause of damping  Bitcoin prices is tesla has deleted bitcoin.

[EKRA13]

Currently the cryptocurrency market has almost collapsed.  Almost all coins, including Bitcoin, have been heavily dumped.  The cryptocurrency market fluctuates the price of different coins all the time.  Currently, everyone is pointing fingers at Elon Musk as the main culprit in the decline of the Bitcoin market.  Because the idea is and the mask is affecting the cryptocurrency market in different ways.  He holds the bitcoin he bought is not yet married.  In China, on the other hand, cryptocurrency is considered illegal.  For all these reasons, the price of Bitcoin has been dumping rapidly.  Soon the price of Bitcoin will rise again like before.

[raisajahan]

The cryptocurrency market is never stable. We know that the market is pumped once and dumped again its the nature of crypto currency market. I think there are lots of reasons behind the decline in Bitcoin prices. There could be a reason that Elon Musk has made negative comments about Bitcoin and what he has further said is that Telsa Company will not accept Bitcoin transactions. I think one of the main reason is elon musk also another reason may be some investors negative movement that is exit from the market.

[Herry]

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.

The exact reason for the decline in the price of Bitcoin is not known However, many believe that the main reason for the decline in the price of Bitcoin is that Tesla owner Elon Musk will no longer support Bitcoin.And that's why the price of Bitcoin is falling so fast.

[jonathancool220]

Bitcoin Dump is still normal because the price of Bitcoin is always changing Pump and Dump, what's special about Bitcoin is that we get shipments from other people's wallets to us in very large amounts.
Now this is what is special, which is a surprise and of course if it were in me then I would be very happy to get Bitcoin for free and now it is very rare.

[marcsymons]

The correction might be some of the reasons. Still, the more significant impact is when Elon Musk declared that his company Tesla is no longer accepting Bitcoin payment which triggers the dumping. And now he is talking about something about Bitcoin mining, and the market is starting to pump again. For me, Elon is not cute anymore.

[CryptoStar19]

The correction might be some of the reasons. Still, the more significant impact is when Elon Musk declared that his company Tesla is no longer accepting Bitcoin payment which triggers the dumping. And now he is talking about something about Bitcoin mining, and the market is starting to pump again. For me, Elon is not cute anymore.

At some point the market is no longer going to be reacting willy nilly to every Elon tweet. He won't continue this kind of influence over the market forever.

[Jaguar]

The whole market will down by massive negative impact of fake news and negative informations from well known cryptocurrency influencer. The major coin to change the game is Btc. It is the only coin that can change the market from down capitalization to massive increase. If there are more positive news regarding Btc the price may increase longer.

[Believer]

The price of Bitcoin has dumped a lot in the last few days but now the price of Bitcoin has increased a lot again. Cryptocurrency markets fluctuate all the time, causing the price of Bitcoin to fall and rise sharply.Investing in Bitcoin now can certainly be very profitable in the future as the Bitcoin market is currently on the rise.

[Halkpro]

There are some big traders in cryptocurrency who invest bitcoin with huge amount of money. They tell everyone that I will sell it if it is high. But they don't do that and sell everything in the market for some profit. Then other traders do not dare to leave it. So they also sell. For which the market crashes.

[Alcor]

The price of bitcoin and the entire cryptocurrency market grew from October to May, for seven months. During this time, it has grown to unprecedented heights - more than $ 64,000. Of course, prices cannot rise all the time. At high new prices, the demand for buying invariably falls, but many, on the contrary, want to sell at this time and fix their profits. Therefore, after price surges, there will always be price drops. This is the market and you need to learn how to make a profit at the same time.

[doc]

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.

I have read several opinion about bitcoin dumped, I think negative issue that caused bitcoin dumped.
It's just temporary, I believe bitcoin will recover and more valuable again. That's my opinion.

[Suma Islam]

No one has any idea why the price of Bitcoin is dumping. The cryptocurrency market is always up and down making it common for the currency market. We all know Bitcoin is the highest currency in the world. The price of this bitcoin had reached 60 thousand dollars but it has come down a lot now because no one could give an accurate idea. But we are all priced based on how many sales if these factors are determined.