Bitcoin Price Droped

[vaysar]

Bitcoin fell 17%, the largest decline since March 2020. The reason for yesterday's sales is unclear, especially against the backdrop of record gold gains. Perhaps this is due to strong sales of shares in the American stock markets and the collapse of the oil price due to the breakdown of the OPEC negotiations.

[Gurujebs]

There was panic in US and I'm yet to know the reason why the stock market fell yesterday as Monday, this action led to corresponding sell of in crypto markets making bitcoin to do a - 17% decrease and Ethereum to plunge hardly, it seems the whole stuff has stabilize and perhaps that's the new all time high until we have another rally that's fundamentally driven.

[bayiajaib]

Bitcoin price is dropping continuously and all the other coins' prices is dropped the same way. Is this because of the Holiday or there is something else going on like the Big Whales are manipulating the market?

Bitcoin is stuck at 31K today mate. It was happened after bitcoin has touched 34K USD. I think It just correction. Don't be panic, I  believed bitcoin will go up again and will touch 35K at this week. It is my prediction.

[lepbagong]

Bitcoin is stuck at 31K today mate. It was happened after bitcoin has touched 34K USD. I think It just correction. Don't be panic, I  believed bitcoin will go up again and will touch 35K at this week. It is my prediction.

corrections made by bitcoin are still a natural thing and usually happen like that, we just try to see the downward correction movement whether it will stop at a certain price !!! If that happens we can be sure that a correction like 2018 will not happen, so there's no need to worry.

Bitcoin is always making corrections and after correction it will increase again according to the predictions of the halving which is expected to occur this year, but we do not know in what month the renewable ATH . be patient it will happen, and remember we also need altcoins to be able to rise up with their new ATH when this correction occurs.

[masudginanjar]

It could also be like that because the whales always give strange surprises and are difficult to stop.
The price of Bitcoin drops because many Bitcoin owners sell it completely, whether it's looking for profit or wanting a vacation because it returns to themselves.
But what is certain is that sales drop like this is because all Bitcoin owners sell them together.

[Willitivity1]

Bitcoin price is dropping continuously and all the other coins' prices is dropped the same way. Is this because of the Holiday or there is something else going on like the Big Whales are manipulating the market?

Probably panics seller, it's nothing new the price of a certain coin or commodity can pump and dump at anytime, because their price are determined by demand and supply, so when there is muuch demand for bitcoin you will see it will start pumping, but when there's less demand for it, then it will start dumping.

[Prime]

Don't worry, it is a chance to buy if there is a correction in Bitcoin price. We are still in an uptrend, so the improvement in crypto price to continue again. Well, maybe the increase of Bitcoin not very significant like yesterday because of altcoin season. But it should have a chance to soar again after altcoin season.

[Laxmi Sharma]

You're right Bitcoin's price has dropped a lot again. Today's price of Bitcoin is 31 thousand 650 dollars. The price of Bitcoin has dropped a lot. Hopefully soon Bitcoin will continue to pump more.

[Crypto Banglu]

No worries. Bitcoin is going to pump up too fast again. Bitcoin prices are expected to rise sharply again. But you are right that the price of Bitcoin has dropped dramatically. Many people think that Bitcoin will start pumping again from here.

[Seerge]

No worries. Bitcoin is going to pump up too fast again. Bitcoin prices are expected to rise sharply again. But you are right that the price of Bitcoin has dropped dramatically. Many people think that Bitcoin will start pumping again from here.

Yes, my friend, I am optimistic that the Bitcoin price will increase.  And I have invested again in BTC, I hope my decision is correct and I will get a profit later. I believe the price of Bitcoin has risen because the decline has gone very deep. Usually if these conditions occur then the Bitcoin price will immediately rise.

[innerpumper]

Bitcoin price is dropping continuously and all the other coins' prices is dropped the same way. Is this because of the Holiday or there is something else going on like the Big Whales are manipulating the market?

We'll see you at the end of the month... Maybe this is because we're in the last week of the month. we will see if this is just a correction or happens bearish in the next month. I think bitcoin should be stable.

[Gurujebs]

We'll see you at the end of the month... Maybe this is because we're in the last week of the month. we will see if this is just a correction or happens bearish in the next month. I think bitcoin should be stable.

I concur you mate. There may be another chance if stock market goes brouhaha like the last year. Around January this time, bitcoin and stock market especially Gold were rocking the market but later turn into another topic of the that scare everyone.
I believe gray scale wouldn't allow bitcoin to dump considering amount btc they hold.

[debra]

Yes the price of BTC is dropped significantly if compared with the ATH. It is also down about 50% to only $25K. ANd the process of this is considered as one of the market correction for Bitcoin. And because this is sideways maybe now is the altcoin bullrun. Probably

[Crypto Banglu]

Bitcoin's price has dropped again. But I think the price of Bitcoin will continue to rise very fast again because of the popularity of Bitcoin. Most investors also like to invest in Bitcoin. Bitcoin's popularity is growing day by day. Hopefully it will start pumping again very soon.

[Galaxy]

In developed countries like Japan, blockchain technology is considered as the second source of income. There are some academic agencies or organizations that teach blockchain technology. Every transaction in Japan depends on blockchain technology. Future generations of every country will adopt blockchain technology as their second source of income.