I still can not understand why Bitcoin falls. The volume is starting to increase
as he said:
The prices fall due to fall in the market demand and market demand may fall due to many reasons. It can fall when the price stability in the market is down. It can also fall when there are rumors about the technology. The demand also falls when the government implements laws and regulations against the use of technology. One can also reduce the demand foe a crypto currency when the risk term associated to it is high thereby lowering the prices.
@hsyncl
see:
Indias RBI Eyeing Own Crypto Is Sign of Potential Ban Reversal, Says Ripple Chief
Vietnams Finance Ministry Proposes Temporary Ban on Crypto Mining Hardware Imports
things like that are reducing demand
There seems no specific reason to say but I suspect that it might be due to the dumping of bitcoins by huge whales.
regulations are the cause of demand reduction