bitcoin going down

[Evgenklm]

What influenced and will continue to influence such a protracted correction of bitcoin? for several days now, bitcoin has been hitting anti-records.What is the reason for such sharp jumps in the market?

[naitik01]

Today there has been a huge drop in the price of bitcoin in the market and slipped to $34800 which was trading at $38597. It is possible that in the coming time there will be improvement in this.

[DAMKAR]

What influenced and will continue to influence such a protracted correction of bitcoin? for several days now, bitcoin has been hitting anti-records.What is the reason for such sharp jumps in the market?

It's bearish season mate, the best time to buy.
Bitcoin will go down and altcoins will follow it.
But no worries about it, we will see the bullish again at 2023, maybe 2024.
Let's see.

[atrizbtc]

There have come much bad news, so all users sold their tokens in panic in the low market.They don't know last time happened same and market recovered good.

[atrizbtc]

There is a lot of panics creating in the market. I think these are the plans of whales. Hope we will see the market in the February.

[kirshna01]

At this time, the value of bitcoin has fallen by more than 10%, this is not the first time that it is often seen that the market falls down and goes up again.

[Jamal Aezaz]

Why because it’s overpriced how can these companies be worth billions and don’t earn a dime . I sold out of dot in nov and since then down down if I held I be way under water . Atm Bitcoin will drop to 15000 in next few months

[gargamel]

I don't know if it's because the Fed will raise rates, but bitcoin has dropped pretty solid. It broke the supports seen as technical analysis and went down to 35k. Everyone hopes that he will collect, but it is not clear where he will return. If there is any negative news, it looks like it will go down to 31k from here.

[TomPluz]

There is just simply nothing big good news happening in the whole marketplace today...and that can include stocks too. We are all down amid the fear that anytime now Russia can be invading Ukraine and that the USA can be involved in another war at a time when the country could not afford it. However, should these things be not the reasons why BTC should go up?

[Dora Walletinvestor]

This time around, Bitcoin's fall might be related to drops in some major stocks on the stock market. Since more and more investors have cryptos in their portfolios, the state of other markets such as the stock market can affect risk tolerance and market sentiment, so cryptos can be affected by incidents in other markets.

[mlawson71]

It was time for a correction, after the latest rally. No currency goes straight up all the time.

[doc]

It was time for a correction, after the latest rally. No currency goes straight up all the time.

Maybe we will see long correction because it's bearish season.
Almost all of altcoins and bitcoin will go down.
Except stable coins.

[silkytakyaan86]

This is true. That in today's time there has been a lot of decline in the bitcoin market, but most people believe that it is certain that bitcoin will recover or grow, which will be seen soon.

[syedrasool2011]

some bad news in market for that bitcoin is going down may be it go down to 31k soon from that place we can buy my more bitcoin from the dump this year end we will boom in market.

[syedrasool2011]

Yes bitcoin is going down because loot of exchange got hacked that reason and also russia bann also crypto and yesterday 320m dollar got hacked that's reason just hold your bitcoin.