Why Bitcoin Crash??

[tervel]

The crypto markets are currently processing a the many of news that fuel the bear case for price development. One of the main reasons for the fall of BTC is the bad news.

[mlawson71]

Indeed. The Bitcoin market was always driven by news. Tesla accepts Bitcoin now? Rally to the Moon. Oh, Tesla stopped accepting Bitcoin? Time to go into freefall.

[lepbagong]

Indeed. The Bitcoin market was always driven by news. Tesla accepts Bitcoin now? Rally to the Moon. Oh, Tesla stopped accepting Bitcoin? Time to go into freefall.

bad news from social media will always have an impact on the bitcoin market because it always starts with panic but does not first check the news received. Is it true that all bad news can influence if it is not helped by the behavior of investors who also do things that are not praiseworthy by clouding the atmosphere, so that the correction takes place too deep.
should continue to reflect on the events that are continuously carried out by certain people with the clear aim of looking for profit.

[Sumaiya2]

The price of Bitcoin is currently such that it is surprising.  Because the price of this bitcoin is falling and rising again.  The cryptocurrency market is always fluctuating due to which it is not clear which way it is moving.  But now Bitcoin has become like a crush.

[Acifix]

Brother, what can I say about Bitcoin now?  This is an amazing reason because we are now pumping bitcoin and dumping it again.  The cryptocurrency market has never been stable.  It always fluctuates.  But now it has become like a bitcoin crash.  It is unknown at this time what he will do after leaving the post.

[Papusha20]

Now Bitcoin is declining in cryptocurrency which is causing a crash.  Because Bitcoin has a downturn it poses a huge threat to the cryptocurrency because of the way the price of Bitcoin has risen.  Just double that.  And the chances of growth in the future are much higher.

[Churphans]

There are a number of reasons why the cryptocurrency market is declining, one of the main ones being Elon Musk and the Chinese government's negative attitude towards bitcoin.  A few days ago, Elon Musk wrote that his Tesla car company would not support Bitcoin.  Since then Bitcoin has started to go downhill and big market changes have taken place.

[vegasus]

There are many fud about Bitcoin from the US and also from CHina. More fuds are spread, more downtrend will come so easily. Crypto only has two factors to rise, the power and also fud, If there are some fud, Bitcoin itself can drop d\so easily and make all altcoins dropped

[XM8]

I think investors are not investing in regular bitcoin platforms and Elon Musk is mainly responsible for the market crash of bitcoin. It would be wrong to say that the Bitcoin market has crashed. Basically Bitcoin has come down a bit. However, the market will recover soon. Because investors have already started investing in the platform.

[Freemind]

The only ones who say that Bitcoin is crashing or dead are mainly the new "investors" and users who have a total ignorance about the functioning of the market. Anyone with minimal knowledge of the market really knows what is going on, but many continue to look at just one tree rather than the entire forest. They still have a lot to learn.

[Power420]

Nowadays Bitcoin has surprised everyone.  Because of the way Bitcoin started to grow.  Of course, the price of Bitcoin has increased the most in cryptocurrency because only the price has increased from the beginning to the end.  And in the end the price has come down drastically.

[Tamsialu$$]

The Bitcoin price has suddenly become so dumping that it is unimaginable. After the price of Bitcoin was dumped again but that was to get increased. But suddenly dumping again now seems like maybe 2018 could be the cryptocurrency market. I have seen the posts of many investors and many of them have said that the price of Bitcoin will go down completely. It is not yet clear which way the market position will move.

[Freemind]

The Bitcoin price has suddenly become so dumping that it is unimaginable. After the price of Bitcoin was dumped again but that was to get increased. But suddenly dumping again now seems like maybe 2018 could be the cryptocurrency market. I have seen the posts of many investors and many of them have said that the price of Bitcoin will go down completely. It is not yet clear which way the market position will move.

The market right now is nothing like what happened in 2018 when Bitcoin went from $20,000 to $3,300. What investors have said that Bitcoin will go completely down?. I ask you because that is only said by newbies, true investors do complex market research and measure their steps a lot before investing, that dark and negative feeling does not come from people or companies who know what they are doing.

[lepbagong]

There are many fud about Bitcoin from the US and also from CHina. More fuds are spread, more downtrend will come so easily. Crypto only has two factors to rise, the power and also fud, If there are some fud, Bitcoin itself can drop d\so easily and make all altcoins dropped

We cannot currently underestimate the role of social media in the development of bitcoin, because almost all news from social media, especially from someone who has a lot of followers, is clearly very influential.

but actually the role of investors is very unstable which greatly affects changes in bitcoin prices, because they take unwise steps and seem to be in a hurry to do something that results in actually clouding the market. if only they were wise then nothing like this would have happened, but we have to understand because they are haunted by a sense of great loss that will occur if they are late in carrying out the execution.

[Confero]

There are many fud about Bitcoin from the US and also from CHina. More fuds are spread, more downtrend will come so easily. Crypto only has two factors to rise, the power and also fud, If there are some fud, Bitcoin itself can drop d\so easily and make all altcoins dropped

That's right, yesterday's decline in Bitcoin does have a close relationship with bad news about Crypto. Especially those from China, but fortunately the price of Bitcoin can go up again so that people don't suffer big losses. This happens a lot, therefore we must always be vigilant if there is more bad news about Crypto.  especially from countries that have great influence such as the USA and China.