The reason behind crypto currency falling this bad??

[ADA Lovelace]

Yes, you could be right!

I tend to look at wider time-frames, and this is what I see (I also included previous cycles and how they validate the typical market cycle patterns):

 

[GrowthStrategist]

View attachment 218781

There is logic to this. Why buy at $20k when you can buy at 9-12k

 

[Seo Captain]

what is the main reason behind bitcoin and other crypto currency to fall this low?? Is it just because of the war or is there any other major reasons??

The big downfall came when elon announced that tesla will not be accepting bitcoin.

 

[Elvlin]

What reason? It's just market cycle whale come in push price up, they take profit will push it down back. Hence bear market, bull market.