- Countries Regulations.
All Countries are confused in regulations some regulations are done yet but some not by which it indirectly affect to bitcoin price.
- Leverage Trading.
Due to high leverage trading in market fake bitcoin genrated and it majorly affect bitcoin price, the quantity of bitcoin is only 21 million & 17 million mined yet.so it increase price of bitcoin but due to major leverage trading it drop price of bitcoin.
3.fake Neagative News.
Due to more positive news in market some big whales try to genrate fake neagative news so small traders sell tere bitcoin & they grap the chance
4.Investment In Alt Coin.
The major reason is to drop of bitcoin prices is highly investment in altcoin, now a days altcoin perform more than bitcoin thats why invester or trader moved toward altcoin.
5.Hacking of Exchanges.
Now a days hackers hacked almost all top 10 exchanges & after that sell that coin in market that is also a major reason to drop prices.
- Scames ICO.
Due to high sacmes ICO invester also lost lot of money in it, & those person who do scames they goes out with all the money who people invest to get profit.