Topic: Bitcoin falling again - page 8. (Read 13715 times)

The main reason for Bitcoin falling is China Issues. Most Probably China wants to out their own centralized Crypto to Market.
Hope BTC will succeed overcome this Bogus Issues Very soon.

It is normal that bitcoin might be dump at sometimes. What worst is it will never goes up and it will never have its support. I believe that before this year ends bitcoin price will be good and it will be more than its price on this year. So hold your bitcoins now and wait for it until it pumps.

Yes because of what China do to bitcoin the value of bitcoin is falling down. But as you can see it is only one of a hundred country that are using bitcoin and other cryptocurrency so I think it will become normal again.

I think it has recovered a lot from panic created due to China banning ICOs as it has gone down to around $3000 but now seeing price is around $3800 is kind of relieve.I think it is pretty normal as bitcoins can't just keep rising without any drops.This year alone it has risen like anything from $900 to maximum of $4900 which quite impressive for any cryptocurrency.Also that think of this drop as an opportunity to buy bitcoins at low prices and hold them.

Yes now bitcoin price is temporary fall dawn. For this reason ,I have no panic about bitcoin price.it is very important time for trading.
i hope bitcoin price will be rise verry soon.

It is natural for every coin to drop its value due to certain happenings that we cannot anticipate, but the thing is bitcoin will continue to grow even if it experience some hard time. It is the future of currency and a lot of people are beginning to know about it and is starting to invest in bitcoin.

Exactly the pessimism covers all the bright faces of story. Bitcoin have been dropped around $3000 and then raised again to $4000. Why are people making such bad news about it and why are they thinking that bitcoin will fall again. Regular pumps and dumps are a part of business, no need to worry.

I just read an article which talks about bitcoin prices to reach 100k dollars levels by 2018. Hence we need to ignore all the drama in between time periods.

Be positive, all of us want bitcoin to increase again. It is natural that the bitcoin down and sometimes rise, don't panic the price will come back again.

China had played a major role in pulling down bitcoin price.  Though we have seen some recovery in price but due to the series of hostilities of China to Bitcoin its price suffers.  I still think that Bitcoin will continue to fluctuate like these until the issue of Bitcoin to China settles down. I think we will experience Bitcoin price to plummet but I believe with the upcoming Bitcoin upgrades, a new rally of Bitcoin hype is at the horizon.

this is indeed an opportunity for us in increasing investment, our Chinese ban made lesson for the popularity of bitcoin in the future, the lost Chinese country then there will arise other countries that support bitcoin.

the issue that started from a Chinese state whose government forbids its citizens to invest in bitcoin, for whatever reason is right for the Chinese government to issue the policy, may all these issues come to an end and bitcoin bounce back.

Actually, bitcoin is not literally falling again but it just depreciates its value for a moment but will soon regain everything and be back on track because of the efficiency it gives to people and many people are also interested to this kind of digital product.

I agree market correction plus negative news and profit taking affect btc price for the past weeks. But currrently BTC price was getting stabilize maybe the market already absorb all the negative news and ready to start another run

Bitcoin will always have an uncontrolled price fluctuation, it is volatile because it is decentralized. China made a big effect on bitcoin because of the new laws that prohibits the use of bitcoin in their countries. I believe bitcoin can recover but we need to patiently wait for it to happen.

dont panic,once btc was 500dollars and it rose to 4.5k dollars,so just because it came down a  bit you dont need to worry.
these crypto currency markets are unpredictible so we just need to patiently wait for it to rise 

Bitcoin has no stable price so it can goes up or down. Now you're asking us what is happenin? The price is falling and it is just normal. Everything that is happening has a reason. It seems like you're quite nervous about what is it. No need to panic. Furthermore, you don't need to convert your money into fiat. Not yet, judt wait.  The price will increase again until it reach the 4000$ again or it may exceed to 4000$. I am just not sure when this will happen, I just hope it will come sooner.

The main key is do not panic, bitcoin is decentralized and highly dependent of market interest, when demand is rising then the price is high and vice versa. when the price goes down it becomes our chance to buy as much as possible because it does not take long for the price to go up again.

Yes its true that bitcoin is still falling, certainly with what happened in china and now the statement from JP Morgan, bitcoin prices will surely be affected, but I think this is just temporary. Bitcoin has reached new heights year on year and we've been through this at many points in time in w/c bitcoin overcome and became much more stronger. So I think this is actually a good opportunity to invest as prices are still lower.

Eventhough there's many different technical analysis out there, claiming BTC is going to fall in the next days, I disagree.

On every market big investors tend to take profits before the summer and reinvest in autumn, when another cycle of growth until next summer starts.

We saw whole crypto market going down, starting 12 June. This corresponds to the theory of big investors taking profits before summer.

Recently we had many negative news from China. They were served by big investors on purpose. They would never invest at the top. BTC at around 5K USD was way too expensive for them to reinvest. So they made the price drop. On 15 September we saw the highest volume in history. It's impossible for small investors to cause such great volume. So the big investors obviously reinvested at that point. This also fits to the above theory of reinvesting in autumn perfectly.

Another positive fundamental thing is, the Chinese ghost month has ended.

Now they will let small investors drive the price up, possibly to a new all time high, before they start taking profits again. According to the "sell before summer, reinvest in autumn" theory, we might not see next correction until next summer. It's a long way until then, so I'm not 100% sure about that. But I doubt they'll start serving some negative news, before BTC reaches the ATH of at least 6000 USD. It would just not make sense for them to take such low profits as they could today.

If I take a look at the daily chart for BTC, I can't see any convincing bearish signals on it, to be honest. Price on 15 September bounced off .618 Fibonacci rectracement level which is known to be the level at which institutional investors tend to reinvest at. We saw record high volume and a strong bullish candle. The daily RSI also moved from the oversold area back up. So technicals loook very bullish to me in the long term. And the .618 Fibonacci level a kind of confirms it was big investors involved on 15 September.

Of course we can't expect it to just shoot up quickly to the ATH. Many dips will probably happen along the way. I expect minor selloffs, when technicals (like RSI overbought for example) on shorter term charts signal it's time to sell. And there also might be some FUD around the Segwit 2x fork in November as more and more miners stop signalling the Segwit 2x support. But I doubt the FUD would cause price to drop drastically, as a lot of us already learned from the July FUD, that FUD's because of forks are just nonsense.

I'm bullish on the BTC longterm and see no possible reason for the next lower low, many out there expect.

This is mainly due to the news about china ban and JP Morgan's bitcoin fraud accusations, this may affect bitcoin but to a certain level only and just temporary. Bitcoin price will surely surge again due to its solid foundation of users, miners and investors. This is actually a good day to invest since you can now buy at a lower prices.