Excluding the possibility that Bitcoin will continue to have a deep fall in the future. The development of Bitcoin has shown that it can easily break peaks and also easily fall off. There are several reasons for Bitcoin's rise and fall, but the main reason is "SUPPLY AND DEMAND". And what is affecting the supply and demand of Bitcoin?
Impact from Governments: The great powers in the cryptocurrency industry, such as China and South Korea, have always had a negative outlook on the pre-coding market, regardless of a future decree in the two countries. This may have a negative impact on the market. Even countries that are more open to Bitcoin like Japan, the United States is also trying to impose rigorous sanctions against money laundering, as these "bumbling" regulations will surely Much of the demand for speculators, black marketers, or even ordinary investors.
The impact of "junk" scams and scams: As markets become more tightly regulated by governments, larger organizations will have more coin "junk" disappeared from the market. In addition, the consequences of the "scam" hits such as Onecoin, Bitconnect, ... are still there. Psychologically, losing money from owning your previous "junk" coffers, or stigma from scams, will make your belief in the market shrink.
Hackers and slammers: Thefts are aimed at large trading platforms such as Mt.Gox, Youbit, Coincheck, etc. It certainly does not leave good memories behind. Such attacks are always a deep discount. There are also banned trading floors, peaks are only active, demand to join the market because of safety and security suddenly become a joke, and not everyone knows to store Bitcoin in the cold pocket.
The scare from the media corporations: Google, Facebook, Twitter, ... block ads cryptocurrency. At first glance it seems normal, but there are actually a lot of people who are involved in this market, not least because many see the banner ads on their coin on Facebook leads to curiosity. Restrictions to see Bitcoin, will bring new concerns to this "cold" market gradually.
All is just war of faith!
To maintain the present world, all are BELONGS. If the faith still, the market still. If faith loses, the market loses. How about you trust Bitcoin in particular and Cryptocurrency in general?
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