Why does btc keep falling

Why does btc keep falling

>>down five cents
>>falling, must be crashing

Oh boy, it's this thread again...

This is NOTHING. Wait until the Chinese are cashing out from the closing exchanges in 3 days. Bitcoin will drop below $4k almost guaranteed, maybe below $3k. Supply and demand. Literally thousands of bitcoins are going to be liquidated over the span of 2 days. Sell now.

The chinese are already cashing out. Supply and demand. Billions of CNY have been liquidated.

I'd guess it's because it shot up to 6000 really quickly, people are cashing out to buy back in when the price drops.

Except it's not?

There is an upside to this though. The price will plummet while they're cashing out but they will buy back in as soon as they find a new exchange that will accept Chinese. Might have to use VPNs but that's no problem for a whale. Buy the dip, wait for the whales will get back in the market, and the price will skyrocket.

What I'm saying is they're cashing out of fiat. Why does everybody around here seem to think chinks want to anything to do with their cucked currency?

I thought they've already closed

How long does it take to sell btc? And where
can i get the best deal because on coinbase, if i invest 100 euro they will take 10 euros in fees after withdrawing and thats just bullshit