Topic: Bitcoin is falling down. Is it the end for it? - page 4. (Read 610 times)
Now The Market has lost some confidence in bitcoin, its currently valued at around 71k in Australia, it could easily be trading back in 50-60k range unless there's another feel good story to pump it up again.
It's going sharper downwards. Optimistically, it's an opportunity.
A good entry point now and I won't expect it will go way far than that or it could be regret for missing this rare chance.
Even altcoins felt it. Looking at coinmarketcap, almost every altcoin listed on top is red marked. Except for Doge. What?!
Could it really be because of the blackout in China. I can't find any news that will sink the value down except for that.
A good entry point now and I won't expect it will go way far than that or it could be regret for missing this rare chance.
Even altcoins felt it. Looking at coinmarketcap, almost every altcoin listed on top is red marked. Except for Doge. What?!
Could it really be because of the blackout in China. I can't find any news that will sink the value down except for that.
I may be late in replying to the post. Still, I want to add and share this...
A few days ago, I got a notification and news from an app that I am using to identify bitcoin value and that is about bitcoin being banned in this country so, from the main idea of demand and supply.
So probably a lot of people sold their bitcoin once this country band all kinds of transaction and that cause bitcoin fell but as long there is a lot of people believe in bitcoin.
As long as people who have the highest stock in bitcoin don't withdraw their bitcoin everything might and still be fine. Still, as others have posted. I am one of those people who experience bitcoin downfall for 3 or 4 years I waited and it was worth the wait so let's just hold on to bitcoin as long as we know how we have a small idea of demand and supply plus patience it will be worth it.
Ending this that bitcoin value falling is just normal like every other business but this one has no probability of going zero bases on my experience holding bitcoin.
A few days ago, I got a notification and news from an app that I am using to identify bitcoin value and that is about bitcoin being banned in this country so, from the main idea of demand and supply.
So probably a lot of people sold their bitcoin once this country band all kinds of transaction and that cause bitcoin fell but as long there is a lot of people believe in bitcoin.
As long as people who have the highest stock in bitcoin don't withdraw their bitcoin everything might and still be fine. Still, as others have posted. I am one of those people who experience bitcoin downfall for 3 or 4 years I waited and it was worth the wait so let's just hold on to bitcoin as long as we know how we have a small idea of demand and supply plus patience it will be worth it.
Ending this that bitcoin value falling is just normal like every other business but this one has no probability of going zero bases on my experience holding bitcoin.
No I don't think that bitcoin is going down. With every bullish period comes a correction period. And this correction period varies in its performance. Sometimes it is very smooth decline and sometimes or most of the times it crashes down in one whole sweep. But of course the market forces would still continue to support Bitcoin and when it does come down crashing. You will expect that in a few years or so it will go back up , and will make another ATH.
For almost many years has past bitcoin are still alive and not gonna end but it will going to popular and making some big news that would be expect on us to reach into a high price again. And yes thats true the market still support bitcoin if the bitcoin going down well there is another ATH again and maybe will break the record of the price of the bitcoin for now. Actually no one will expect of bitcoin to doing some moves like that and we so glad that would be a chance for us to earn from bitcoin.
not now maybe but end of this happen in Pandemic it well down...
The last few months of solid growth have instilled confidence that Bitcoin is unstoppable. Each time Bitcoin updated its maximum and even managed to get close to the $60,000 mark. However, then its price fell sharply in a few days and for many investors it came as a shock… for some reason.
Is it really the end of the Bitcoin rally or it’s just a pause before another storm? Let’s try to figure it out.
If I have held BTC to this stage then I think there is no need to worry too much about its future. Confidence in this market is huge, as I see more and more large institutional companies taking an interest in this area, maybe the adjustment frightens people, but I personally go too far. I've gotten used to this over the past few years, so my next goal is to sell BTC at $70000-75000. Is it really the end of the Bitcoin rally or it’s just a pause before another storm? Let’s try to figure it out.
No I don't think that bitcoin is going down. With every bullish period comes a correction period. And this correction period varies in its performance. Sometimes it is very smooth decline and sometimes or most of the times it crashes down in one whole sweep. But of course the market forces would still continue to support Bitcoin and when it does come down crashing. You will expect that in a few years or so it will go back up , and will make another ATH.
Will the market ever rise for life? The market will rise and fall will be regulated in this way. It has been dumped for a while now but it is expected to recover very soon. Bitcoin has huge support in the 50K zone. Bitcoin has made New ATH several times out of 50,000 supports. So those who will hold for long term without being disturbed by this dump will definitely benefit.
Well, don't cry like that, my friend. How to maintain value in a translational way without modifications? Rejoice that when bitcoin moves vertically to the new $ 64k ATH don't curse when there's only one slide. There is still the friction of this market. So don't worry and hurry! 
The last few months of solid growth have instilled confidence that Bitcoin is unstoppable. Each time Bitcoin updated its maximum and even managed to get close to the $60,000 mark. However, then its price fell sharply in a few days and for many investors it came as a shock… for some reason.
Is it really the end of the Bitcoin rally or it’s just a pause before another storm? Let’s try to figure it out.
Is it really the end of the Bitcoin rally or it’s just a pause before another storm? Let’s try to figure it out.
It happened in the last few months and most of us have thought that it would be the end of the Bull run but the price has risen unexpectedly. As for me, that's just part of its recovery phase and we shouldn't be bothered about it since that's how the Bitcoin market moves. I don't think the good market situation would end so soon.
When Bitcoin suddenly began to rise in November, mixed with Elon Musk pumping actions, people were silent. Now when it had lost almost 10k in few days people bury it and sow panic. But only few, who has steel grip see an opportunity to earn and increase future holdings. Dont get caught by fake price drops, hold or trade. Dont just exchange Bitcoin to fiat.
It's not the end for BTC, the price will drop but not for long or too deep, many are waiting for it for the price to decreased so they can buy back, many may spread speculation and try to create news to discouraged others to buy or to make other sell. I'll be monitoring it throughly today to know where point I can atleast buy some, I don't think bear market will be happening from these drop.
And the buyback already began in frenzy in Asia this Monday, everybody loved the 55k and below prices, you can see the bounceback has started and another high is looking very much a possibility now.
Or we see another drop and 50k support breaks. It doesn't change the narrative for Bitcoin at all!
It is normal for bitcoin to have a down trend or a red candle especially that it is volatile in the market.
Don't expect that bitcoin will only have an upward price because there's no such thing like that in the cryptocurrency market.
If the bitcoin price goes down, just be patient and perform fundamental skills to know what is the best and next step to do to become not so affected by that.
Yes, the downtrend is just a phase of liquidating the goods at high prices and creating panic for some investors because as a general theory, when we have no more accumulated goods to pump prices, profit taking is necessary but immediately, the market will re-trigger the buy back as soon as possible. However, buying back only happens when the price has certain resistance points but for bitcoin this year, resistance has been relatively strong, almost the price could return very soon as a testament to investor confidence in bitcoin Don't expect that bitcoin will only have an upward price because there's no such thing like that in the cryptocurrency market.
If the bitcoin price goes down, just be patient and perform fundamental skills to know what is the best and next step to do to become not so affected by that.
Experienced investors will not be shaken if the bitcoin price drops. investors always think positively about the price of bitcoin which will rise in the coming months. We can see that the price of bitcoin in 2018 has decreased very far so that many people think negatively about bitcoin, but at this time we can see the price of bitcoin which is very expensive compared to the price of bitcoin in 2018.
It is normal for bitcoin to have a down trend or a red candle especially that it is volatile in the market.
Don't expect that bitcoin will only have an upward price because there's no such thing like that in the cryptocurrency market.
If the bitcoin price goes down, just be patient and perform fundamental skills to know what is the best and next step to do to become not so affected by that.
Don't expect that bitcoin will only have an upward price because there's no such thing like that in the cryptocurrency market.
If the bitcoin price goes down, just be patient and perform fundamental skills to know what is the best and next step to do to become not so affected by that.
no,Now is the beginning,In recent days, the trading volume of many DOGE exchanges has ahead of BTC.BTC's market share is decreasing and its value will be revalued,It is in danger of being marginalized
Bitcoin always had a roller coaster ride and due to its volatility it is inevitable that some downfall will always happen in future as well. Only thing those fear in fall end up selling and those who see it as a opportunity buy and when it rises they make money from it. Their is no end of it as else it would no have lasted for more than a decade.
Those who understand the cycle always benefits from this kind of movement.
It's not always a raging bull that dominates this market, bear also share the scene, you need to figured it out in order to avoid losing
your investment, you said it right those who fears this movement lose and those who knows and understand mostly gained and enjoy the advantages,.
Is it really the end of the Bitcoin rally or it’s just a pause before another storm? Let’s try to figure it out.
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Highly unlikely.
Bitcoin is currently most popular crypto currency right now.
Although it doesn't have much of real life implementation or usage it's still a crypto contenders for future.
The community is active, it's technology is growing and improving at steady pace. Recent lightning implementation could give a push over its strength against new ico or competing coins.
The crypto space has got a lot of attraction from high profile investors and I recon there would be massive investments in research and further development in crypto currency space.
Bitcoin will definitely benefit from that. But if you are too worried, you can go a different route and invest in different coins. What i do is that I buy 60% in BTC, 30% in ETH, 10% in XRP. That way, it's not a total loss if ever that happens. I buy stocks at Netcoins.ca for they have cheaper rates and lower spreads.
Considering the good run bitcoin has made for the past months, it is too early to panic since bitcoin is just obviously making a correction after continuously increasing. People need to understand that bitcoin will always be at risk of going down each time, we cannot expect that it will stay on its current price or keep on increasing as time passes by caused that would make its volatility nonsense. Instead of making unnecessary actions just because you think the end of bitcoin is near, it would be best if you would start taking advantage of the moment and make up a plan while the value is currently going down so that when bull run occurs once again, you will surely benefit a lot from it.
This is a standard correction after bitcoin hit a new ATH this year, I think it's natural that the current bitcoin price fluctuates although it's not as aggressive as last year. So for now we cannot say that this is the end of bitcoin as currently bitcoin price is starting to slowly increase.
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