I think the factor that most significantly affects the bitcoin price down is due to the high sales and also the fake news made by a journalist about crypto.

but, I predict the bitcoin will rise and high again, because spreading and volume of bitcoin is still stable.

Nowadays the most influenced factor is regulation. If countries will ban crypto currency, the market will go down. Now, when attitude of the world towards crypto currency is indeterminate, this's the most important thing. We can see how China restrict miners and how it's influenced on crypto currency market.

may the bitcoin experience the turning point of all this and the great expectations of investors in investments with bitcoin many are panicking and confused with the current bitcoin prices that are so down drastically

bitcoin is one of the world's juiciest prizes for hackers. there must be thousands or tens of thousands who've tried to break it, let alone governments and banks, and they all went away with their heads bowed.

this forum would not still exist if bitcoin had been cracked. if it is we'll sure as hell know about it.

people have a bitcoin price impact because of the absence of too many investors today so it will also affect the price of bitcoin so the price is low.

The market is influenced by news, and big players, they change the price in any direction.

I think there is a big relationship between the rise and fall of Bitcoin and people's demand. If the demand is higher, the price will rise. If the demand is low, the price will fall.

A research in 2017 revealed 4 major factors that drive the price of Btc. Media hype and uptake by peers, political uncertainty and risk, moves by government and regulations, and governance of Bitcoin but I think media hypes has the highest influence. It is believed that most investors make decisions based on the behaviour of other participants in the market and their own intuitions, rather than hard analysis of the market. This means that as the media speculates bad news about Btc, it is likely to influence their decision and once investing in Btc goes down, the value is likely to also go down and vice versa

The global bearish trend started with the launch of Bitcoin futures contracts. Institutional investors got the opportunity to play short. For them, Bitcoin is a fizzy so they crushed it. They are interested to buy it now for 1000-2000 $

Factors that affect the bitcoin are the investors.
I think some investors did not trust the crypto and decided to withdraw their capital. That has made the crypto market in crisis. Bitcoin has gone down at the lowest price of $ 6k5. In addition, I think the stock market has a lot of impact on bitcoins. Top technology companies like Amazon, Alibaba have lost more than $ 100 billion.