Probable reasons for sudden fall down of cryptocurrecy price

[Atifa3456 257]

Here I want to make a research based discussion where I want to indicate some probable reason's that's why suddenly cryptocurrency prices suddenly fall down sometimes-

1.There are some whale like investor companies who invest to cryptocurrencies to such a huge amount that the prices of them start to rise.When they stop to invest and move their invest to another cryptocurreny then suddenly there causes a great fall of cryptocurrency prize.

2.Many believes that cryptocurrency price suddenly goes down to let out a bit from the steam before it's price ascend dramatically.

3.Sometimes the contracts of transactions become much greater in count than the total cryptocurrencies.Then the market automatically goes down to make an equity.

4.When there is a huge scamming or hacking,market price of cryptocurrency goes down.

5.When one type of cryptocurrency ascends to its price rate,the others fall down.

Here I tried to give my opinions after my study from different contents.Instead all of these,there can be a sharp fall withoit no reason.Hopr this post will come to your help mates.

[bogdanoff 3173]

There can be many reasons and sometimes no reason at all. It can just be that the market is vertical and whales just wanted to test to find where support is. In this case I think support was found at $30,000 and it could begin again, but until price reaches $40,000 again it will take weeks.

[Khan 1414]

11 hours ago, Haibat khan said:

@Atifa3456 really bro it the main reason of falling prices of coins, we should make trading of coins to get more experience and profit to fulfill daily life expenses.

Bitcoin price fall down main reason is the sudden $150 Billion wiped from the cryptocurrency in the last 24 hour. You can easily check the whole news on the top crypto news platform. 

[Raqeebzy 6456]

To me:

1. Whales manipulations and profit taking.
2. Correction after the unprecedented bull run.

Together plays huge part in BTC dump after reaching a new all time high above $43k. It isn't much to be worried about in my own investment opinion. Just buy the dip. 

[tienda 8776]

The main reason of the cryptocurrency price, because many high movements and transfer big amount on the last days. And this is happened always, when a Bitcoin price growing and reaching a high price, the whales doing a such high transaction to plant the panic and obstacle the market movement.

[Jromz 2158]

Well, the price cannot go up eternally, the reasons for retreacements and corrections is both that there are no longer buyers willing to buy at a certain price level and people taking profits at the same levels. This shortage of buyers and numerous selling increases the supply and lowers the demand. The price then goes down to find buyers willing to buy at a certain level which can again increase the demand and lower the supply.

[Hanbal 359]

Now the price of cryptocurrency has fall beyond $40k but i can't accurately explaine the reason for it fall whereby we thought the price will continue to grow without coming back perhaps the price will increase again.

[velasco19 1753]

They are good reasons, but more importantly, the market always seeks a natural equilibrium, eventually it must correct the price because it reaches high levels that it is difficult to attract new buyers and profit taking can produce a chain effect that causes the price to fall.
For example, at this time the correction we had is expected to continue its upward trend and the market has more liquidity.

[JesusFries 1958]

On 1/11/2021 at 10:53 PM, Atifa3456 said:

1.There are some whale like investor companies who invest to cryptocurrencies to such a huge amount that the prices of them start to rise.When they stop to invest and move their invest to another cryptocurreny then suddenly there causes a great fall of cryptocurrency prize

The company that you're talking about is called whales, if they're selling their bitcoins, it will start falling it's price because expecting that there's a huge amount of bitcoin that they're holding, whales is not good in the market for me.

[Malik Abdullah 376]

I noticed that the main reason of falling other crypto currency is the falling of bitcoin. Bitcoin is also known as a father of crypto currency. When the price of crypto currency fell down then the price of others currency also start felling down.

[Ridam 7455]

As far I'm concerned the recent dump was big than the correction we saw in our way to bullrun. This time People started panic, as you know dump are pretty faster because of this.

And I have read in a reddit thread that  Finland Custom is the one who dumped 1000 BTC and because of that the last dumped occured.

Some time back after attacking a drug bust and they were reported to be holding 2000BTC.

We can clearly see huge sell pressure on that day, which means profit booking is happening and this dump causes the price correction.

Link To Reddit Thread

[Sanjana321 6]

8 hours ago, tienda said:

The main reason of the cryptocurrency price, because many high movements and transfer big amount on the last days. And this is happened always, when a Bitcoin price growing and reaching a high price, the whales doing a such high transaction to plant the panic and obstacle the market movement.

Thanks brother for sharing your valuable information with other members in this forum it is a great kind of helpful to get awareness about the fall in the price of crypto currency. The bitcoin value was going down that may be the reason for other crypto currency to also fall in the price.

[khan22 3478]

Almost 1500 BTC will sale our the crypto miners and the price of the BTC is dumb at that time and touch the low of 31,000$ and now again the BTC price start to go high and it touch the 36,000$ again.

[abd1992 960]

On 1/11/2021 at 4:53 PM, Atifa3456 said:

Here I want to make a research based discussion where I want to indicate some probable reason's that's why suddenly cryptocurrency prices suddenly fall down sometimes-

1.There are some whale like investor companies who invest to cryptocurrencies to such a huge amount that the prices of them start to rise.When they stop to invest and move their invest to another cryptocurreny then suddenly there causes a great fall of cryptocurrency prize.

2.Many believes that cryptocurrency price suddenly goes down to let out a bit from the steam before it's price ascend dramatically.

3.Sometimes the contracts of transactions become much greater in count than the total cryptocurrencies.Then the market automatically goes down to make an equity.

4.When there is a huge scamming or hacking,market price of cryptocurrency goes down.

5.When one type of cryptocurrency ascends to its price rate,the others fall down.

Here I tried to give my opinions after my study from different contents.Instead all of these,there can be a sharp fall withoit no reason.Hopr this post will come to your help mates.

There may be news that the currency is fraudulent or that it has commissioned or printed fake money, like what happened a short time ago with the ruble

[Froshk 1828]

I think the reason why we see sudden fall in the prices of sone cryptocurrencies is the fact that some whales are actually cashing out tgeir profit 

[Michar1 1693]

It is a good list where you mention the possible causes that cause a currency to fall, and it is true that sometimes whales play a role since, as you mentioned, they tend to sell their large amounts of cryptocurrency, and then sell them.
Something that I personally have realized is that for example, in this reason for bitcoin, it is currently facing a correction, from what I think, that sometimes it seems that they agree, the whales, buy, after having obtained benefits , sell it and what they do is like a chain, since they sell high, they make the price fall to buy cheap again, and after having obtained profits again, they will proceed to sell it, it is how whales work, but it is something that I I have noticed as investigated or according to my analysis.

[ibrahim halil anaç 138]

Among the main possible reasons for the sudden decrease in the price of crypto money; The impact of whales, declines due to laws enacted by major states against crypto trading, hacking in crypto exchanges, loss of trust of people in cryptocurrencies, etc.

[Syedbesharat 5423]

On 1/11/2021 at 11:59 PM, bogdanoff said:

There can be many reasons and sometimes no reason at all. It can just be that the market is vertical and whales just wanted to test to find where support is. In this case I think support was found at $30,000 and it could begin again, but until price reaches $40,000 again it will take weeks.

As per the market shows the interest of people BTC will not take much time to reach $40K it will hit this value in a week and then it will move toward $50K. The support is strong of BTC at $30 where, the other crypto currencies are also making progress.BTC is not gonna dump like 2017 bull where the price goes to $3K and many altcoins fall to very low price. Now people have more awareness because of corona virus lock down. 

[100x 97]

You may trying to find reasons but the fact is that selling started, I don't know where this will lead, but I don't like what I see that has started forming in the weekly and especially the 3day cahrts. The chart needs more time and we could evaluate better. In case it drops bellow 33k right now, it cancels a triangle that has been formed. In case it drops bellow 30k it gives a reason to believe price could turn bearish. If nothing like that happens but moves above 33k and 34k then it will be good for more.

[susan8929 811]

I think there may be multiple reasons why a cryptocurrency drops in price. Obviously the main one is that the demand is lower than the supply, but I also think that some news can seriously affect the price. For example, the news of the SEC complaint against Ripple caused the price of XRP to drop considerably.
Another reason for the drop in cryptocurrency is after a long-awaited news event and the price goes up quite a bit, such as a coin burn or an update.

[P A Ashif 2409]

Well you may have heard about the fact that after a sudden bull run usually there isa free fall in market. That's what we gave seen in market last week. After reaching to 40000$, the price of btc falls by $10k in a span of 24hrs. This is because after the small dip people might found that now its the end and hence they started selling there holdings.

[abohasnn9 2401]

My friend, the reason for the decline of any cryptocurrency that was supported or not is the volume of its circulation in the markets and platforms, as it rises when its purchase and circulation by users increases, and the sudden sale of the currency in a large number leads to a sudden and large decline of the currency with a drop Thank you

[Sykkuno 2887]

You try to find a reason but there isn't any, there was a barrier at $40,000 and it was observable by all, I discussed this in many previous replies I have given after price went parabolic. It was going to be lower than $30,000 but trading stopped and some more purchaces by grayscale investors. Any drop in price should be seen how much it recovers and how easy. This recovered with good speed and price is again at $38000. Not far from making new ATH.

[Ameralsamt 2558]

Dear a lot of factors that affect the decline of a certain cryptocurrency, this is possible after the announcement of this digital currency, and it is bought heavily, but after a short period of time we will notice that everyone is selling these currencies and this will lead to a significant reduction in its price. 

[james653 981]

Cryptocurrency prices cannot be predicted because they are linked to many rules ... Supply and demand are the most important reasons that affect the price of digital currencies.  New currencies can be bought with Bitcoin, thus the demand for Bitcoin will increase, and thus its price will increase.  The cryptocurrency market is relatively small and its participants respond to any change and thus this will affect the stability of the market