Know why the price of bitcoin is continuously decreasing?

After October 2017, the kind of fastness seen in Bitcoin, investors from around the world were shocked. From the price of $ 4,000, Bitcoin had crossed $ 19,000 in just two months. But soon, the decline started, and now the most popular cryptocycenes have now fallen below $ 6,000, the lowest in 2018. Bitcoin reached the lowest level of $ 5787 on Sunday afternoon and was seen trading at $ 6,131 on Monday. There may be several reasons for decline in bitcoin, such as tax sailing, strict rules, restrictions and hackings etc. in many countries.

Last month, the Federal Reserve of San Francisco said that the decrease in bitcoin will determine the future of bitcoin. The report of 'Futures Trading Change Beat Quote Price' states, "After the introduction of futures, the price and subsequent fall in price can not be called a coincidence."