Why is the price of bitcoin falling?

Why is the price of bitcoin falling? These days, more negative news is being spoken than positive news in the crypto money market.

Experts say that for such a low price on the market, the experts will not be able to buy it again at such a low price. Betcoin is expecting $ 25,000 in spending, and they are offering suggestions for investors not to panic.

Why is the price of bitcoin falling?
The crypto money market has not recovered since January 2018 due to regulatory pressures and fear of slipping volumes in Asia. Bitcoin is now at less than half the price of the December summit over $ 20,000.

Bitcoin fell below $ 7695 on Monday and is currently standing near $ 7,500

4 reasons behind the fall

1- Not getting Bitcoin by credit card
According to the Guardian and BBC News, both the UK and the US Lloyds Banking Group have introduced a number of prohibitions that prohibit customers from purchasing Bitcoin with their credit cards.

"Financial institutions in the US have made a similar move last week. Bank of America, JP Morgan Chase and Citigroup will no longer receive Bitcoin from credit cards

2- Use in crime
Initially anonymous, Bitcoin, a money-laundering and drug-selling currency, became a target of real criminals who joined household robbers, made digital exchanges with millions of frauds, and carried out ransom demands. Now, precautions have been taken to overcome this.

3- Regulatory failure
We all know that governments do not look too warm because they can not affect crypto money. So every week the government anywhere in the world is criticizing the crypto money. Governments who claim that they can not be stored like paper money and can not be supported by stable assets such as gold, are trying to neutralize crypt money.

4. Social media organizations
Facebook recently banned advertisements for crypto money. Facebook, who says the same ban will be applied to the instagram, seems unlikely to catch up with the future like Twitter

5- Ongoing investigations
After an inquiry about Tether, people sell cryptic money on their panicked hands. This led to a sudden drop in Bitcoin prices.

Bitcoin suddenly declined in the past with negative statements and forbidden by the governments in this way, but then it started a big tour. The crypto money market, which seems to be on the bear market at the end of the corrections, will soon pass to the bull market.