What makes Bitcoin's price go down?
Bitcoin has no central bank or company able to step in and stabilize its price, so demand shocks hit directly. Whales moving coins to exchanges signal incoming selling, and leveraged positions get forcibly liquidated as prices fall, triggering further selling in a cascading effect. Bitcoin also moves with broader risk sentiment, dropping alongside stocks during market stress. Hacks, regulatory crackdowns, and viral negative sentiment compound these effects, meaning drops are usually driven by multiple factors converging at once.
