Why BTC will comes down so much?

[Muneeb22]

Bitcoin and also the other great ALT coins will comes down so much and so many peoples will loss their money in the crypto market. Is there any news which will effect on the market.

[Asiii777]

Prominent crypto trader Jacob Canfield suggests that traders stop panicking and get to making a plan that will help them focus. The trader believes that Bitcoin can only go either lower or much lower. He recommends watching out for two levels – the weekly 100 MA and the weekly 200 MA.

[Master107]

Link to News related to Cryptos

https://www.altcoinstalks.com/index.php?board=26.0

Maybe it helps you to read some helpful news and updates.

[Bram Manis]

After much news about the Corona virus outbreak is definitely giving a very serious effect on the crypto assets. The decline in the day reaches 25% for Bitcoin. So Altcoins also experienced a sharp decline and it was inevitable. Many traders are also frantically selling coins so the market looks very bad.

I agree if in such conditions the trader must be patient and not panic. This situation will definitely return to normal and you don't have to panic.

[tervel]

Bitcoin was initially spared from the massive losses disrupting other assets. Other cryptocurrencies have also been suffering. Some analysts maintain that BTC will be able to shrug off coronavirus concerns.

[mlawson71]

The world markets are crashing,crypto assets are no different.

[alltalk]

Not really sure about the reasons. But most people stated that it is the impact of coronavirus. Honestly, I doubt it, coronavirus shouldn't bring too severe dump. Is this a drama of some people who take advantage of the corona outbreak. 

[Senin]

Not really sure about the reasons. But most people stated that it is the impact of coronavirus. Honestly, I doubt it, coronavirus shouldn't bring too severe dump. Is this a drama of some people who take advantage of the corona outbreak. 

In the current fall of the cryptocurrency market, as in most cases, there is no single reason. Yes, people now need cash to prepare for protection against the spread of coronavirus. We need food and basic necessities in order to limit direct contacts with other people for a certain time. Therefore, a lot of cryptocurrencies are sold through exchanges and its price drops. However, it seems that the whales are in a hurry to take advantage of this situation in order to lower the price and skimp on the planned market growth. Therefore, the situation is becoming more complicated. The cryptocurrency market will surely recover, however, it will also depend on the effectiveness of the fight against coronavirus.

[Kusuma]

The price of bitcoin does fall down, but that doesn't mean we lose money as long as we don't sell at low prices because of panic.

[sirty143]

I think Bitcoin is starting to recover (from the effect of coronavirus?) as it's trading at $5,328.46 USD (2.47%). So, I think it's time to buy now while the price is still low. What do you thinks, guys?

[trauchot]

The main reason at the moment, because of which bitcoin, like the entire cryptocurrency market, is falling, this is the corona virus. Corona virus now simply affects completely all areas and therefore people do not know what to do and sell their cryptocurrencies.

[kevinjulio]

Because the virus Covid-19 is stated by the WHO as a pandemic virus. BTC and Altcoin slowly decreased in price. And a very sharp decline occurred in the past few days. Everyone freaked out selling their assets and it also made the price of crypto-assets decreased.

We see the current market conditions slowly the price of BTC and Altcoin started to rise. We recommend that you are now back excited to trade crypto coins.

[DogeTalk]

I wonder if this is a difficult time when the corona virus is plaguing and making the market down. Bitcoin and altcoin should have increased since halving news will occur this year. It might take a few moments to prove it

[tervel]

 The global market developments in this pre-halving period could be essential for all crypto investors, and how it unfolds could be a dominating factor in terms of future crypto allocations.

[brsoftech]

Coronavirus affects crypto markets.  Many crypto software development companies [nofollow] work from home to their employees.