Reasons why Bitcoin Dropping

in bitcoin •  3 years ago 

After 4 weeks upset Bitcoin was start to go up. and we saw Bitcoin go 29k to 52k. it was a good indicator for investors.
But !
Suddenly what happen that Bitcoin crashed again !!!!

Reason 1: conclusion between crypto community and USA government on infrastructure Bill 2021.

Reason 2: China Based Real Estate company ( Evergrande Group ) is done suspected and Bankruptcy and drop 85%.

Reason 3: South korea Regulation on Crypto exchanges and impact on Bitcoin price directly.

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