Is there any reason why the btc price is dropping again? Im keep checking the news and i cant find anything which could be the reason of a 200+ drop in the last day...
Also, it looks like the bitcoin is always dropping fridays / over the weekend?
Recently the price has indeed been dropping close to the end of the weeks but that doesn't mean that it is a trend all the time. There is no justification for why markets should behave like this and should be just a coincidence.
There are articles saying that China may be banning miners, but on the other hand Charlie Lee is saying that this is completely false.
Uncertainty from China is the main driving force of this dump. I think price should be recovering soon.