Hello steemers today i share about my opinion about
As you know that there are many rumours in the market so that they effect Bitcoin price
1 Negative news
As you know that how much effect the news in crypto market and it is start with little panic and you know that crypto market is very emotional.
2 confusion about India regulation
It is also a important factor that to regulate Bitcoin in india because people gives more weight of these news so they get panic.
3 crackdown of china
when china also affect the crypto because they and financial news released tha bank will no longer support crypto and china ban 3 times of crypto but they bounce back
4 Panic
This is also a important factor of Bitcoin price crashed because people get more panic and they sell your bitcoin in loss and i noticed that those people comes in crypto they have not market experience.