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Topic: bitcoin can go again down? If yes then why? - page 2. (Read 295 times)

hero member
Activity: 994
Merit: 544
bitcoin can go again down? If yes then why?

Bitcoin's value is dependent on the flow of the market. The higher the demand for bitcoin the higher will be its value and the higher the supply than the demand its value will surely falls down. It is called the principle of supply and demand in short bitcoin is subject to volatility. If bitcoin is subjected to volatility it is always possible that it may fall in value or rise up.
member
Activity: 602
Merit: 10
bitcoin can go again down? If yes then why?

It could be bitcoin falling lower than it is today, and bitcoin can also rise much higher than it is today, because no one knows the bitcoin trip. But even though bitcoin falls very low, I do not think we need to worry or think bad about bitcoin. Bitcoin is the most powerful coin and definitely bitcoin can rise and increase in value.
newbie
Activity: 22
Merit: 0
It can fall again because people are sheep! Nothing has changed in crypto recently apart from stricter regulation but for some reason billions of dollars have disappeared from the crypto currency market cap. To be honest crypto regulation is what everyone was after, especially bigger investors and now people are complaining about it, a lot of fickle, weak hands out there.
full member
Activity: 644
Merit: 100
BTC can fall because of big exchange problems) Lots of my friends today had a login binance problem) Now it is falling. Often on the key point in chart we see some problems with exchanges)
sr. member
Activity: 980
Merit: 294
Yes, bitcoin being with high volatility will rise up and go down in terms of pricing depends on the ambiance of the social environment, when there is FUD being spread by some elements or when there is some bad news, that would make the price goes down again, but Bitcoin is stable as a currency, so after the dip, it would surely rise up again afterwards.
full member
Activity: 1210
Merit: 100
your question is not clear, bitcoin is the currency, so I think every time bitcoin fluctuates.

maybe your question intent is, will bitcoin fall even lower than $ 7000?

and in my opinion, bitcoin will not drop below $ 7000. because the correction time will end. unless if on the way, bitcoin is attacked by fake news, and sales are high again, then bitcoin will fall even lower.
full member
Activity: 1302
Merit: 100
bitcoin can go again down? If yes then why?
Bitcoin price increase and decreasing every moment is a common feature. Now price already down direction and 5 hours ago Bitcoin price was up direction. It is not a problem?
jr. member
Activity: 176
Merit: 1
Presale is live: BitPenta.com
Bitcoin has always been declining since early January, and I think it's enough for the base price to continue, and hope the bitcoin will go back up again.
newbie
Activity: 98
Merit: 0
My magical friends from underworld keeps whispering me that this bubble will burst anytime. Ohh wait, they told me the price will hit $20,000 again. Believe me guys.  Wink
hero member
Activity: 2702
Merit: 672
I don't request loans~
bitcoin can go again down? If yes then why?

When if you mean by Down is regards to it's value then my answer is Yes. That is possible to happen because it's system built with a high volatility which means that it can go down very hard or it can be upward so much. No one can predict what exactly going to happen but one thing for sure and that is after a long run of deeply dipping there's always a high rising up occur. For now it still continuous  looks green in the market and maybe it is the start of moving up again.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
nobody can possibly answer this question. we only have speculations to give and you can already see many of them in the speculation board https://bitcointalk.org/index.php?board=57.0 which happens to be for this type of questions.
you can also check out TradingView.com for more speculations and actual technical analysis done by many different speculators.
newbie
Activity: 151
Merit: 0
Of the people holding the support level loses faith in bitcoin. Those people supporting the bitcoin we be a factor if bitcoin can still hold or continue to go down.

Lets just hoe the selling would stop now for the peice to rise now.
newbie
Activity: 139
Merit: 0
I think this is already the peak of the bitcoin decline, it's hard for too long the bitcoin is experiencing the price below, and I hope the bitcoin cepet recovers and the price returns up again.
sr. member
Activity: 1778
Merit: 305
Your question is not clear ....
Where will it disappear?
This is the father of all crypto!

Everyone should be disappointed in it, all factories producing bitcoin must be destroyed, then yes ... it will disappear.

But this is unlikely to happen, since too many people have invested in it, including the presidents of countries!
newbie
Activity: 45
Merit: 0
bitcoin can go again down? If yes then why?
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