I have been wondering what could be the possible causes of the sudden fall in the price of bitcoin and the altcoins.I know from experience that it will surely rise again but I wish to know the possible causes of the fall in prices.
Most of this has been discussed ranging from bad news, panic sell or ban from country and crypto regulation, if you read then you can estimate yourself about the decrease in cryptocurrency, essentially the crypto decrease is due to the holder, so if the holder loses the trust maybe karean bad news or such then the crypto value will drop.
As we all know here in the crypto currency community, it so unpredictable in which makes us disappointed as we are hoping to increase by having many shares of crypto currency. In some point, it gives a great opportunity by those users want to invest by hqving cheap prices. Also,the main reason of downfall is because the big whales suddenly sell their great amount of shares that may affect very much to the entire community of crypto currency. I believe someday it will recover and definitely may give us a great amount of profit in the future.