- Some big whale guys have to cash out at some point - The price will drop
- Price is going down, i don't want to lose much money so i sell now - the price will drop.
- OMG i lost over 25% , price is going down so i will be liquidated, let me sell - the price is going down.
- I had been liquidated - the price is going down.
So that's why any coin will have big ups and downs. :)
RE: Bitcoin Technical Analysis: Could be about to break up, or break down soon?