Why BTC regularly comes down?

[mlawson71]

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.

[Freemind]

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.

You may be right, but even if Bitcoin was getting a natural market correction, it surely wouldn't have been as strong without the lies of Tesla and Elon Musk. Who knows if they did it at the right time knowing what was happening in parallel in the market before and after the statements they made. But they are responsible with or without market correction.

[Mayajal]

Cryptocurrency coins are declining in price due to low cryptocurrency investors at present.  And all investors are now turning to unique coins which is why the price of bitcoin is falling.  Not only Bitcoin but all the shops in cryptocurrency have a much lower price of Saptagram

[Logitech50]

The price of Bitcoin has been declining for a few days now.  Thus, if the price of Bitcoin continues to fall for a while, it will definitely reach the side of 2018.  Because when the price of Bitcoin is bound to increase, the price of Bitcoin is more likely to rise.

[neocrypto90]

Today, ten years ago, BTC dumped from 1 $ to 0.01 $, then now BTC is worth more than 35k. That means that long term investors got more than 3500000 times their money.

[AGM]

I have find out three main reasons to big fall down of BTC price and may have others reasons but three are major no one China ban bitcoin which is 7th time of eight years no two Elon Musk tweets and no three Tesla deny to transaction with btc these are the main reasons . Various investors are currently very frustrated to invest in BTC so all are the reasons that I find out for BTC price down .

[rizqillah]

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 think It's just corrections why bitcoin regularly comes down. That's normal and no worries about it.
We will see pump and dump as long as this year.
By seeing the chart and bitcoin is recovering again now, I think bitcoin will increase again at the next several weeks. Maybe at the beginning next month.
Hopefully it will come true.

[vaysar]

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.

[eldial]

I think BTC regularly comes down because of some  investors  will not continued to invest in the market for some many reasons the blockchain and all coins will be listed in the market will marked down affected.

[Freemind]

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.

Stop selling cars accepting Bitcoin as payment?. Not a single Tesla car has been sold with Bitcoin. The necessary bureaucratic part never came to light, that's another detail that shows what his intentions were from the beginning, it gives the feeling that they were following a script. Fortunately, Elon's words now have the same credibility as his actions.

[lepbagong]

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.
@elonmusk tweeted about tesla clearly for the purpose of profiting from the subsidies to be received from his tesla company and we understand it was done by a businessman like that and it's only natural. but the news coincided with bitcoin being banned in China and finally Donald Trump's tweet.

Bad news like this still haunts bitcoin movements because public trust can't control itself to always believe news like this without proper analysis.

sadly, in this era of progress, there are still many people who can believe the tweets of people like them and make the atmosphere uncontrollable by actions that do not analyze first. should start to break the habit and not provide a platform for them to seek profit. Stop it and don't just believe in what they are doing because this will have a bad impact in the future.

[CryptoStar19]

This news is temporary FUD pulling prices down... if you have been in the space for years you know that bitcoin overcomes every FUD thrown at it eventually.

If you were a fan of bitcoin at $60k, then there is no reason not to be a fan of it at $30k... or any other price, the thing to ask is "have the fundamentals of bitcoin changed for the worse" and the answer to that is a definite no.

[neocrypto90]

I do not think today's pump is healthy by the way, Elon is still manipulating the market, we need better news, otherwise BTC will dump again.

[Mbah Jenggot]

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 think we can say " Happy Monday"
I see bitcoin is recovering again now.
Starting at 39K USD, hopefully bitcoin will touch over 40K USD today.
I see several altcoins already green. thats the fact...
Talking about why BTC regularly comes down, It hass passed at last week.
I believe bitcoin price will increase again and crypto market will green again.

[Mahindra]

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.