Bitcoin Price Sees Second time below $6K

bitcoins pricess fall following reasons are responsible

The whales (big Bitcoin holders) are selling.
Investors think Bitcoin is still in Bubble territory.
There is no real reason to go up, and crypto in general doesn’t seem to like stability, so it either goes up or down.
A lot of people have their summer vacations right now. People who hold BTC sell some to get money for travel and vacations.
Sales of Etherium. Around 19 million Ether has been sold for 2000 Ether per Bitcoin. That is 9500 Bitcoin being sold in a couple of days.
Miners are selling and no new investments are being made.

major invester are short term so they buy bitcoins and sell bitcoins with profit then suddenly price increase and down.