There are several factors that lead to a decline in the price of Bitcoin, the most important of which are: Government interventions: such as what the German government did, where it sold 1,300 #bitcoin pills, where the rate of discharge reached 76 million dollars, and this is the main reason for the price to fall to about 54,000 thousand dollars. --It leads to the spread of: Negative news: Negative news about Bitcoin or digital currencies in general, such as strict government legislation, can negatively affect its value. --It leads to: market fluctuations: Bitcoin is known for its high volatility, which sometimes leads to significant declines in its value, but according to my personal opinion, Bitcoin has a bright future ahead of it. It will recover and break the first numbers. Disclaimer: It includes the opinions of external parties. It is not financial advice. May contain sponsored content. See terms and conditions. Copy link 3.4k Views 3 Likes 0 Quotes 1 Share (Count) Replies Most Relevant Newest mgig71 His work pi is preparing for this