Why bitcoin price drop from few days?

in #cryptocurrency7 years ago (edited)




  • Why bitcoin price drop?
  • We all notice the price of bitcoin a week ago. one bitcoin worth around $1900 week ago . we can see on below screen short.

    Screenshot (50).png

    and suddenly it's drop to around $12500. you can see on below screen short.

    Screenshot (51).png

    why it happened? i search on google and i got some valid results for me.

    • Investors
    • yes most of Investors waiting for price drop in bitcoin. so Investors are stop investing on bitcoin. and it's price drop day by day. it's come to $12500 they starts investing and now the price of 1 btc in $15000. so they got profit from it.

    • Fear of Banned
    • most of country agreed with bitcoin and some of not. As many country looking forward to banned cryptocurrency because people started investing in cryptocurrency to save tax.


      I read lots of results for dropped bitcoin price but i like this 2 reason. and what you think about sudden price dropped in bitcoin. drop your comments.

      If you like then i post more thing releted to this thing.

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