Another decline of BTC expected | Bitcointalksearch.org

Russlenat

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Quote from: KTChampions on March 19, 2020, 02:17:30 PM

Quote from: boltz on March 19, 2020, 01:22:40 PM

It can happen anytime from now as this little bounce that drove Bitcoin 400$ will not last longer as there is no fuel to keep this going on ...this is caused by the massive buys of whales and as soon as they buy the necessary coins they will move the price down to make another round of accumulation creating another wave of panic sell among traders and holders. Stay calm guys, keep your cash near you when Bitcoin will go lower and make your buys.

Today I found out that on march 17-18, 359 million USDT were put into circulation. This is a gigantic amount for the cryptocurrency market and it is very likely that this fuel may be enough to maintain high prices for a while. In any case, I consider this a manipulation.

Manipulation is always here, the market is still okay now because of the whales, when they want to keep this market stable, they can do that just like they can make it dump or pump. Well, hopefully this manipulation would lead to new investors being attracted to the market so we will see some pump soon.

While the stocks are down, crypto would certainly be hot in the eyes of the investors if the market is bullish.

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Quote from: shoreno on March 18, 2020, 02:54:01 PM

Quote from: wxxyrqa on March 18, 2020, 01:44:41 PM

Nevertheless, what is possibly happening on the cryptocurrency market may be the result of certain manipulations by speculators, or maybe everything happens as a result of the general decline in the markets of the world economy. It is worth paying attention to the fact that all large business fails. But for some reason I don’t understand why the dollar is growing in price in my country, although we still have no problems with coronavirus, Nevertheless, the cryptocurrency that is legalized in the country still continues to believe, while in my opinion non-cash payment systems should be valued much higher.

we have problems on corona virus and that is the reason why dollar is rising because people sells crypto an other assets , you see cryptos are down and as well ass stock , gold , and many other investment assets . people could be hoarding cash too just in case they work were suspended yet so that they have the cash to buy something when in need .

decline of the price in btc is expected as what many experts say . this is good for investors because their time frame for buying is still extened .

Today, indeed, the situation with the epidemic has not changed for the better. Even in my homeland, although a certain tendency to curb the spread of the virus continues, but this is due to self-isolation and quarantine. But as for what is happening in the markets, including the cryptocurrency market, my assumptions remain the same regarding the abuse of big whales by their capabilities. There is no doubt that Bitcoin does not strengthen the price due to certain manipulations by speculators. These scammers try to make money on someone else’s grief, because someone is forced to sell cryptocurrency in order to save their lives, and these scammers lower the price of the market in order to buy bitcoin at a low price. The difficult situation in the world is used for enrichment, because the same situation is in my country with all the necessary necessities, when during the day the prices doubled or tripled for no reason. I am sure that the situation on the cryptocurrency market is created artificially, since people avoid personal contact, digital currencies should become the most popular, and this says that cryptocurrency prices should rise, not fall.

Dr.Osh

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Quote from: boltz on March 19, 2020, 01:22:40 PM

It can happen anytime from now as this little bounce that drove Bitcoin 400$ will not last longer as there is no fuel to keep this going on ...this is caused by the massive buys of whales and as soon as they buy the necessary coins they will move the price down to make another round of accumulation creating another wave of panic sell among traders and holders. Stay calm guys, keep your cash near you when Bitcoin will go lower and make your buys.

Well, it's easy enough to say hold, but when the price goes down, it's very difficult to maintain. honestly, I already sell the bitcoin that I have. it's just that seeing the price of bitcoin begins to recover, I am increasingly convinced that in the near future, prices may recover, so I am back withholding crypto. however, at this time such prices will fly high. keep hold.

KTChampions

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Quote from: boltz on March 19, 2020, 01:22:40 PM

It can happen anytime from now as this little bounce that drove Bitcoin 400$ will not last longer as there is no fuel to keep this going on ...this is caused by the massive buys of whales and as soon as they buy the necessary coins they will move the price down to make another round of accumulation creating another wave of panic sell among traders and holders. Stay calm guys, keep your cash near you when Bitcoin will go lower and make your buys.

Today I found out that on march 17-18, 359 million USDT were put into circulation. This is a gigantic amount for the cryptocurrency market and it is very likely that this fuel may be enough to maintain high prices for a while. In any case, I consider this a manipulation.

boltz

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It can happen anytime from now as this little bounce that drove Bitcoin 400$ will not last longer as there is no fuel to keep this going on ...this is caused by the massive buys of whales and as soon as they buy the necessary coins they will move the price down to make another round of accumulation creating another wave of panic sell among traders and holders. Stay calm guys, keep your cash near you when Bitcoin will go lower and make your buys.

Bar771

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Quote from: star7dust on February 27, 2020, 11:20:37 AM

https://cryptodaily.co.uk/2020/02/btc-hold-trend-line-decline
Is Bitcoin likely to keep going down, in your opinion? Are you selling/buying it?

This article and website dont sound legit. The dip was at 4,18k and is now going up.
You should buy now when its cheap, and hold until you "feel" it reached its peak. (my opinion)

KTChampions

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Quote from: -CryptoViking- on March 18, 2020, 07:06:02 PM

Quote from: KTChampions on March 18, 2020, 04:09:14 PM

I think that the fall was logical and expected. But now I'm interested in something else - against the background of other assets, bitcoin is slowly growing. I do not see any factors that would contribute to this growth. It seems that the cryptocurrency market is empty and the whales are painting a "picture" to lure investors.

I think you are spot on, I am of the same opinion. We can expect another dip towards the end of this week.

Maybe this will happen later. If regulators can organize positive on the stock markets now, then the growth of bitcoin may continue, however, I consider it unnatural. Impunity for manipulators in this market harms the entire community.

-CryptoViking-

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Quote from: KTChampions on March 18, 2020, 04:09:14 PM

I think that the fall was logical and expected. But now I'm interested in something else - against the background of other assets, bitcoin is slowly growing. I do not see any factors that would contribute to this growth. It seems that the cryptocurrency market is empty and the whales are painting a "picture" to lure investors.

I think you are spot on, I am of the same opinion. We can expect another dip towards the end of this week.

KTChampions

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I think that the fall was logical and expected. But now I'm interested in something else - against the background of other assets, bitcoin is slowly growing. I do not see any factors that would contribute to this growth. It seems that the cryptocurrency market is empty and the whales are painting a "picture" to lure investors.

shoreno

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Quote from: wxxyrqa on March 18, 2020, 01:44:41 PM

Quote from: Viscore on March 15, 2020, 03:29:20 AM

Quote from: ?? on ??

Panic or buy the dip? :O Looks quite bad. Bitcoin price dropped by over 6% in the last 24 hours :O

https://coincodex.com/article/7326/bitcoin-price-analysis-the-trump-effect-takes-its-toll-as-bitcoin-drops-another-65-and-hits-7300/

That two can't happen at the same time, when there are people who are in panic, some people are buying the dip.

It has to be many people who are in panic to cause a significant dump or price and that's where the whales will enter, they'll try to accumulate bitcoin at a very discounted price, at least that's in their mind while to people who dump, they are thinking bitcoin will not recover and it will die soon.

Nevertheless, what is possibly happening on the cryptocurrency market may be the result of certain manipulations by speculators, or maybe everything happens as a result of the general decline in the markets of the world economy. It is worth paying attention to the fact that all large business fails. But for some reason I don’t understand why the dollar is growing in price in my country, although we still have no problems with coronavirus, Nevertheless, the cryptocurrency that is legalized in the country still continues to believe, while in my opinion non-cash payment systems should be valued much higher.

we have problems on corona virus and that is the reason why dollar is rising because people sells crypto an other assets , you see cryptos are down and as well ass stock , gold , and many other investment assets . people could be hoarding cash too just in case they work were suspended yet so that they have the cash to buy something when in need .

decline of the price in btc is expected as what many experts say . this is good for investors because their time frame for buying is still extened .

wxxyrqa

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Quote from: Viscore on March 15, 2020, 03:29:20 AM

Quote from: ?? on ??

Panic or buy the dip? :O Looks quite bad. Bitcoin price dropped by over 6% in the last 24 hours :O

https://coincodex.com/article/7326/bitcoin-price-analysis-the-trump-effect-takes-its-toll-as-bitcoin-drops-another-65-and-hits-7300/

That two can't happen at the same time, when there are people who are in panic, some people are buying the dip.

It has to be many people who are in panic to cause a significant dump or price and that's where the whales will enter, they'll try to accumulate bitcoin at a very discounted price, at least that's in their mind while to people who dump, they are thinking bitcoin will not recover and it will die soon.

Nevertheless, what is possibly happening on the cryptocurrency market may be the result of certain manipulations by speculators, or maybe everything happens as a result of the general decline in the markets of the world economy. It is worth paying attention to the fact that all large business fails. But for some reason I don’t understand why the dollar is growing in price in my country, although we still have no problems with coronavirus, Nevertheless, the cryptocurrency that is legalized in the country still continues to believe, while in my opinion non-cash payment systems should be valued much higher.

Viscore

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Quote from: ?? on ??

Panic or buy the dip? :O Looks quite bad. Bitcoin price dropped by over 6% in the last 24 hours :O

https://coincodex.com/article/7326/bitcoin-price-analysis-the-trump-effect-takes-its-toll-as-bitcoin-drops-another-65-and-hits-7300/

That two can't happen at the same time, when there are people who are in panic, some people are buying the dip.

It has to be many people who are in panic to cause a significant dump or price and that's where the whales will enter, they'll try to accumulate bitcoin at a very discounted price, at least that's in their mind while to people who dump, they are thinking bitcoin will not recover and it will die soon.

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Quote from: bitbunnny on March 10, 2020, 11:15:03 AM

Yes, market is in a downtrend mode although I don't think that is connected with corona virus.

Man, if this is pure manipulation then it has something to do with the corona virus. Why? Because big players are riding the pandemic. As you can see, the global stock exchange is down at this very moment. In my country, the trading has been halted for 15 mins. today after the stock market index crashed for more than 10%.
By the time im typing this, Bitcoin just fell hard losing its value by almost 6% from it's last stable range position.
Now, If you think the covid-19 has zero involvement in this current price trend, then think about the teachings from the grade school "health is wealth" , If health will put us in jeopardy then wealth will follow suit.

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Quote from: dragonvslinux on March 10, 2020, 07:14:49 PM

Everyone needs to chill out.

It is something we need to take a deep breath before the market faces a huge wave of panic selling. Then, investors have to prepare for this and take advantage.

As expected to happen and many will be in troubled hearing that crypto market will dump again as Bitcoin show some off's. People have been thinking about a bullish market this year since halving will launch but the unexpected scenario happens which everyone not thinking about it. I know this was a big surprise for everyone and this makes hard when you are buying at $9k and then it drops below it, it for sure they are worried at this time.

dragonvslinux

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Everyone needs to chill out.

bitbunnny

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Quote from: Kelvinid on March 09, 2020, 05:52:59 PM

The market is really having a downtrend motion by now and not only crypto but of the global business institutions. We've been facing a big challenge again as we are hit by COVID-19 but then, it was not the reason why we should have to be worried and do panic selling. Because I believe that this never lasts for a very long time and possible we make recovery before we end up this year.

Anyway, I'm not in the hold of other's decision but I'll just want to encourage everyone to keep calm and think wisely...it is your call to sell it or not depending on if you're really in need, then you have to sell it.

Yes, market is in a downtrend mode although I don't think that is connected with corona virus. With time if the situation escalates even more in the world that might become a case but for now virus doesn't affect Bitcoin price. Besides, that downtrend started even before.
No matter to that there is no reason for panic selling and as usual price will recover, this is another correction that come from time to time.
Also, although further corrections are possible I don't think the price will go below 7000$.

Viscore

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Quote from: Juggy777 on March 10, 2020, 05:33:27 AM

Also you’re wrong as Coronavirus had a direct and indirect impact on bitcoin prices, and if this virus is not controlled soon then we will witness further decline in bitcoin prices.

Sources:

https://news.bitcoin.com/crypto-community-gets-prepping/

https://www.coindesk.com/coronavirus-impacts-on-bitcoin-and-the-irss-dumb-singularity

I would like to disagree with this one, maybe it will temporarily result to a decrease of price because that's the result of panic, but eventually people will realize that their money is safe with crypto as it's not tied with a certain country's economy, we are decentralized and online so too far from being affected by the virus unlike the paper money.

I have a feeling that this dump would stop and the market will stabilize to be back in bullish trend again.

Juggy777

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Quote from: Lecam on March 09, 2020, 09:54:50 PM

Quote from: rodskee on March 07, 2020, 01:45:51 AM

Quote from: star7dust on February 27, 2020, 11:20:37 AM

https://cryptodaily.co.uk/2020/02/btc-hold-trend-line-decline
Is Bitcoin likely to keep going down, in your opinion? Are you selling/buying it?

Declining is over for because now we are getting stable at $9k level
but there might be some correction again in the next weeks or months as we’re getting closer to the biggest event in crypto history and this is the Miners Halving.
and also there is no reason why decline needs to happen when even the Corona Virus did not make the market fall that hard?i think it is much better to make a thread regarding the new growth of Bitcoin soon.

Bitcoin is getting on 9$k and I think this price now is stable so its been nice to buy bitcoin while the price is low. I think its good to buy some bitcoin and wait for another huge of bitcoin until reach the good price. I think corona virus is not so much affect the crypto.

@Lecam where did you see that bitcoin prices were trading at $9k levels? because bitcoin prices are fluctuating between $7800 -7900 levels on preev and it’ll take at least few days to recover back to $9k levels. Also you’re wrong as Coronavirus had a direct and indirect impact on bitcoin prices, and if this virus is not controlled soon then we will witness further decline in bitcoin prices.

Sources:

https://news.bitcoin.com/crypto-community-gets-prepping/

https://www.coindesk.com/coronavirus-impacts-on-bitcoin-and-the-irss-dumb-singularity

Lecam

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Quote from: rodskee on March 07, 2020, 01:45:51 AM

Quote from: star7dust on February 27, 2020, 11:20:37 AM

https://cryptodaily.co.uk/2020/02/btc-hold-trend-line-decline
Is Bitcoin likely to keep going down, in your opinion? Are you selling/buying it?

Declining is over for because now we are getting stable at $9k level
but there might be some correction again in the next weeks or months as we’re getting closer to the biggest event in crypto history and this is the Miners Halving.
and also there is no reason why decline needs to happen when even the Corona Virus did not make the market fall that hard?i think it is much better to make a thread regarding the new growth of Bitcoin soon.

Bitcoin is getting on 9$k and I think this price now is stable so its been nice to buy bitcoin while the price is low. I think its good to buy some bitcoin and wait for another huge of bitcoin until reach the good price. I think corona virus is not so much affect the crypto.

Kelvinid

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The market is really having a downtrend motion by now and not only crypto but of the global business institutions. We've been facing a big challenge again as we are hit by COVID-19 but then, it was not the reason why we should have to be worried and do panic selling. Because I believe that this never lasts for a very long time and possible we make recovery before we end up this year.

Anyway, I'm not in the hold of other's decision but I'll just want to encourage everyone to keep calm and think wisely...it is your call to sell it or not depending on if you're really in need, then you have to sell it.

Topic: Another decline of BTC expected (Read 699 times)