Quote from: Newlifebtc on June 26, 2022, 01:52:27 PM

Quote from: Mate2237 on May 03, 2022, 04:44:16 PM

I have been thinking of the possible reasons of the bitcoin falling down. Since I am not an expert on the Currency I cannot predict or give any reason. That is why I want to know the reasons. Please if anyone can tell me I will appreciate. Thanks.

if you ask me to suggest why bitcoin prices falling continuously, I only suggest that it is as a result of the Russian crisis with Ukraine and again the buyers who enter the market of cryptocurrency is no longer coming in and marks unlike before so with that fat I will say is what is causing cryptocurrency to fall

But, before the war happened we are already on this situation where prices have been dumping. The war didn't bring negative effect but it actually help the price to recover a little since both countries learn to adopt bitcoin and other cryptos after that. Don't say that there are no buyers because if that was true then the price would have became stagnant or will only fall more.

If we compare the buyers and hodler before from now, we can see the big difference that their numbers have increased dramatically. The price falls because we are in the bear cycle. This is normal. After some time, the bull will take its place so we better fill our bags now.