Why is Bitcoin Going Down Up Summary. Dont try to catch the exact bottom. Crypto Going Up Or Down In 2021 Bitcoin Price Bitcoin Bitcoin Chart Bitcoin fell more than 80 from 2013 to 2015 and again from 2017 to 2018. Why is bitcoin going down . Part of the reason for bitcoins weakness seems to be at least a temporary reversal in broader acceptance for cryptocurrency as well as regulatory concerns and weakness in more speculative. In this video we look at the fundamentals driving. Loss of trust in fiat currencies. Bitcoins price is defined by the last trade conducted on a specific exchange. On Tuesday morning at just before 4am the coin had been trading at 5272234 or roughly 4532724. Read on to know why is Bitcoin going down. Bitcoin has now seen declining prices following the El Salvador Bitcoin law. Recent high-profile attacks on Colonial Pipeline and JBS a meat provider disrupted supply chains and led to gas and meat shortages across the country. While the past fe...