Why Is btc declining rapidly ?

I see the price of bitcoin is rapidly declining . Its like 5 % every hour up and down !!

I wonder why !

Because it was super hyped but people (specially shops) didn't join the fever.
What gives a coin value is it acceptance, but people are afraid of taking bitcoin because it is too volatile and could result in loss.

Because when it dipped a tiny bit investors and everyone who gave it so much value decided that was it's peak. So they all decided to try and sell rapidly.

Its value was rising exponentially as more and more investors piled in to the digital currency, hoping to profit from its sudden popularity. Other cryptocurrencies benefited too, as investors diversified their cryptocurrency holdings and arbitraged differences

Because this is the waves of the market... it goes through ups and downs and corrections and if you check the charts, its pretty normal.

Because it's getting into a bear market, and undergoing correction. It should be on the rise again

If bitcoin credit card wallets were legal in the US, many would rather trust in BTC or other crypto over the USD. Unfortunately, BTC is being trampled upon by the big corporation-led government in the US (led by Republicans and Democrats, who are just the same thing.) Decentralization is a big platform of the US Libertarian Party, and prominent members and bitcoin investors like Utah's Patrick Byrne, CEO of Overstock. Such big ideas are never shared by the mainstream news media in the US like Fox News (poor man's/soccer mom's alternative facts source while on the go to and from their suburban home to the city center, when they can't fact-check), CNN (feed me your thoughts, liberal/SJW (flawed solutions/issues, besides equal pay & LGBT rights)/broke hippie millennial's news outlet, just as cherry-picked and flawed as Fox News), MSNBC (Megyn Kelly, MainStreamNews...)or WSJ (Wall Street, what else?). The 2016 election was all about Hillary (The "Official" candiate, who would've been just as destructive as Obama), and Trump (backed by Fox News, equally as bad as Hillary), and never about Gary Johnson or Jill Stein. This may be a politically inclined message here, but Americans, please vote different these midterm elections, It doesn't matter if you think your vote is spoiled if you vote 3rd party, it's not. This all does tie into the subject of BTC in the US market. But what can be taken from this then? To silently stress the corrupt system and demand change. By ever using BTC or crypto, you're saying no to the USD!

BTC will go very high in november & december, i have some good informations about this. I now that i m new here, but i don t have any reason to tell u that.
Peace.

Buy now, people thought they were too late when bitcoin was at $2000, same with $4000 and in just a year it went to almost $20,000. It's like the recession. Investors made a killing on the stock market when it crashed, they bought low and held for a few years, knowing it couldn't stay that low forever.

Cryptocurrency is far too established and blockchain is a very powerful technology. It's not going anywhere and right now is a good time to buy

BTC has always been an extreme fluctuator in the market value