Reason behind falling Bitcoin?

[shadowdio]

the panic sellers who behind the falling of bitcoin and I don't think bitcoin will go down more because bitcoin is still around $6k, it seems it will never go down below $6k.

[pelana vreo]

The number of hackers and countries that do not accept bitcoin makes this coin fall below $7k,for a long time around 3 months bitcoin has remained below $7k and I will still wait for any decision from Sec, I think bitcoin hasn't collapsed and this is crypto, crypto has a price that is not easy to predict.

[Helex]

nothing is not possible due to the fact the cryptocurrency is usually pluctuating, Bitcoin can also drop its price to at least one USD but maybe all of it buys with all of the cash they have got.

[Shanacute14]

I think it is because of the market is still down, that bitcoin is falling now. We should still think positive that the market will recovers and the bitcoin will pump again.

[JaymondStark]

There are tons of reasons for the falling Bitcoin with any other coins in the market. You might accuse cycle, whales or small investors but there is not only one reason behind all of these.

[trauchot]

As you can see, bitcoin does not want to fall below 6000$, and if it approaches this mark, it is immediately restored back. It is difficult to say what provokes market for falling, usually different news and big players who leave the cryptocurrency market.

[Raboni]

I follow the movement of bitcoin and found out that it remains in 6k not touching 5k price. It means if bitcoin will drops below 6k, we are in serious decline matter because it could be the real dead of bitcoin once reaching 3k below.

[capt ronald]

There are so many reasons why Bitcoin is falling and each one of have our own idea and for me I think the reason of falling is due to the increasing number of Altcoins introduce in the market and investors are selling their crypto investment and diverted it to new project which they think can provide them a big amount of profit.

[cukong]

Don't pay attention to this and look for some reasons where cryptocurrency falls in value. The condition that occurred was the impact of a decline in trust and there was also a process of dumping the price of Bitcoin. This kind of thing is unavoidable because this process occurs systematically, all we can do is not follow the flow of panic and keep calm. Calmly, we just need to wait and I'm sure with that, the price will return to normal again gradually.

[leodiaz]

Many are actually the reasons behind the fall of Bitcoin. in my personal opinion, there are large numbers of users who sell Bitcoin and other crypto on a large scale in a relatively short time and cause a lot of decline against Bitcoin. Not to mention those who panicked and chose to sell Bitcoin, which caused the price of Bitcoin to fall.

[Hongy]

In my opinion, current bitcoin prices tend to decline, because there are many negative problems with bitcoin. But I'm sure, bitcoin can still be a long-term investment and its value will rise again.