3 reasons for the recent fall in the price of Bitcoin to the level of $ 10,000
Price always fall to the support. Support is usually what was resistance before. In February, May and June resistance was $10000 now is $10000 a support and the resistance is $12000. When Bitcoin price will go beyond $12000 then that will turn into next support.
In certain circumstances we have to examine the resistances, and so decisively speaking of resistance and ascent and descent is not a professional analysis.
In this situation, everyone can buy at a low price and sell at a high price. And Bitcoin has shown us that it is completely unpredictable.
Of course, I hope this is a theory, not an analysis. Thanks for your comment anyway.