### Reasons why Bitcoin fell down in price

![Bitcoin](https://d1btnptfa0r0eu.cloudfront.net/wp-content/uploads/2018/06/180606-bitcoin.jpg)

* Goldman Sachs had a plan to launch a cryptocurrency trading desk. They abandoned this plan causing the price of bitcoin to go down.
* Big whales are manipulating the market. All technical analysis showed a bullish trend, the whales just manipulated the market and caused it to be bearish. 
* Some unknown activities are being held in deep web (Dark Web) markets. The reason might be using other safer cryptocurrencies other than bitcoin among the drug dealers. 
* A lot of investors seems to have made a lot of money with bitcoin, they are cashing in together causing the price to fall. 

***Despite all the volatility in the market, bitcoin price is still over its market value. Crypto analysts predict the stability of the price around $10k starting in December 2019.***