Bitcoin Dropping Like Flies. Why?

[magd 5231]

This critical period has passed peacefully, there will be no decrease in the price of bitcoin during the coming period to this extent, and everyone can follow the price through the coingeko site, which provides clear plans for price expectations.

[abualez 4106]

The decrease in Bitcoin may be caused by the presence of increased selling factors by stored Bitcoin that was keeped by many persons, the deterioration of the economy, and the disruption of jobs due to the epidemic,
or there may be other studied factors that we do not really understand.

[Amir Vao 341]

On 10/25/2019 at 12:18 AM, Art said:

The price of Bitcoin falling to an all time low for this year. Does anyone know the reason for this downturn on the BTC?

I don't think it will dump more. Because we already saw the massive dump on the market. After long time bitcoin reach $8k price. And I think now it will rise up more.

[Jimmy26 987]

Every time the situations and the rates of the currencies are changing I am not having much experience and knowledge about the process why the rates are going down but as much as I know so when the price of the bitcoins is going down other currencies price will also going down this things I have noticed maybe I am wrong so I will prepare myself to go with other members views that will be much perfect to clear my doubts and even I can get more ideas from them.

[CryptoLover21 0]

It is mainly due to the all over world spreading virus called corana virus (covid-19). The main reason is that virus due to which the market and Bitcoin is falling like a flies. We must control it to get proper market price. 

[Brushless4500KV 4214]

Heavy dropping or rising are quite natural for Bitcoin and this is what has happened since its announcement. The reason is the good and bad news that affect the stock and oil prices and make people to decide out of passion and fear to sell or buy their assets. Finally, crypto market will be affected too and bitcoin price will change. This kind of effects are usually temporary and bitcoin resistance is so strong that it will recover itself pretty fast. When bitcoin falls, it is not a disaster, it is a new opportunity to start another trade and direct it towards profit. Be positive and use this occasion to your own benefit.

[Moaz 7239]

This is normal, because Bitcoin witnesses many fluctuations in the market between the high price and the low price, and in certain periods the Bitcoin price falls significantly, which creates an opportunity for investors to buy bitcoin and keep it until the price rises

[Babubu609 0]

On 4/1/2020 at 12:15 PM, magd said:

This critical period has passed peacefully, there will be no decrease in the price of bitcoin during the coming period to this extent, and everyone can follow the price through the coingeko site, which provides clear plans for price expectations.

We are fully at focused to the maximum hit of the price. I am contemplating on the price is it about going on halving or bull run or what?

[pablomarwan 3082]

There is no convincing reason for this. Maybe whale owners started selling what they have in order to buy and collect more than they had in the sense of selling from the top and buying from the bottom because this year you should have the largest possible number of btc if you want proportions of important profits

[Whited35 15285]

Price volatility of Bitcoin in the cryptocurrency markets is the most notable feature. Bitcoin price sometimes can get lowest mark and sometimes it can get increased. So one thing you can do here is kindly track and have patience in the crypto world. 

[Zues 1069]

On 4/4/2020 at 9:05 PM, Jone20 said:

This is normal in cryptocurrency prices, especially bitcoin, as price fluctuations in the spot exchange rate of bitcoin in cryptocurrency trading platforms are driven by many factors.

Yes I think that it is normal in cryptocurrencies because they are not always in the green and they have a nature that they could decline for too sudden and too long which is a factor that is recognized by the government and that is the reason that they dont want cryptocurrency 

[Irish 128]

On 4/4/2020 at 9:05 PM, Jone20 said:

This is normal in cryptocurrency prices, especially bitcoin, as price fluctuations in the spot exchange rate of bitcoin in cryptocurrency trading platforms are driven by many factors.

Bitcoin is is $10000 now, dumps and pumps is normal, it happens regularly, but the price is still uncertain, when something bad happens in the news then it could be dump.

[Zaino34 0]

The price of bitcoin is always in constant fluctuation. In the recent period, its price has decreased due to the Corona virus. Currently, the price has risen before the occurrence of half, perhaps this increase will continue after half of bitcoin has occurred.

[Treat1234 0]

On 5/3/2020 at 4:43 PM, Babubu609 said:

We are fully at focused to the maximum hit of the price. I am contemplating on the price is it about going on halving or bull run or what?

There should be a good higher price of bitcoin after halving, the present price isn't that enough for us, we need bitcoin to become more expensive so that we can benefit from it

[Abdullah1103 0]

Bitcoin decline is mainly based on supply and demand
Some rumors may affect buying or selling
Also there are people who have large amounts of bitcoin who manage the exchange process have a certain effect, whether positive or negative.

[Honny143 13612]

Bitcoin prices not stable its always fluctuates some times bitcoin prices drops without any reason,but some times selling pressure also drops bitcoin prices, but now in March bitcoin price drop behind corona virus is the main reason, now bitcoin price bounce back and soon hits 10000$ dollars.

[Babubu609 0]

We all know of the Bitcoin market including other altscoins prices are not stable they are always volatile, during last year it drops and rise at same time while in this year in this month we are expecting a hype very soon

[Virgil dijk 1431]

I think we shouldn't bother about the price drop of bitcoin, because when the price are down it's a good time to invest, so it's never should be a burden because the price is volatile and the volatility makes it profitable.

[Magnom 0]

This is the nature of bitcoin.. The volatility is really a normal thing for bitcoin and all cryptocurrencies! So when a coin like bitcoin reaches a high price in one day so the normal thing for the price is returning back and becoming lower for a while.. Then it may dump or pump! So i am not talking about this decreasing but i am talking about popular thing in this crypto world!

[Soaib khan 1035]

On 10/25/2019 at 4:29 AM, Glossy said:

It is because it was bear market, when good news come then will Bitcoin price come back too. Good news = rise in price.

that's true bitcoin price depends on news but some people are saying that it's price fluctuate on different factors but I don't know the exact reason why bitcoin price fluctuate

[Rezort 846]

There would be always falls and ups of bitcoin price, so simply buy bitcoin when it is on its low price and then you get your profit when selling it, be patient and careful.

[Treat1234 0]

20 hours ago, Rezort said:

There would be always falls and ups of bitcoin price, so simply buy bitcoin when it is on its low price and then you get your profit when selling it, be patient and careful.

Bitcoin  is a  decentralized token and is always not stable in price because the market is control by high demand and supply so we don't expect it to always be stable but volatile

[Lover840 0]

If you see the price of bitcoin dropping. There could be so many factors associated with it. It might be the Market and it mostly been determined by the traders.

[George10 9932]

Whenever theris a low demand for bitcoins but high supply that means the price will go down to attract buyers and when the number of buyers increase the price will also rise to certain highs and this is how the whole process happens it's based on supply and demand.

[Lover840 0]

On 5/14/2020 at 10:57 AM, kabanidze said:

This is determined by people who trade in the markets, it can not always be traders. Also, whales can control the market and cryptocurrency prices. There are a lot of factors. And if you see a fall, then you need to wait for the minimum and buy cryptocurrency at a minimum to sell in the future with profit

The whales are also the traders. They are traders having large amount of holding. They trade also to get profit out of the market. So they are all the same.