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Topic: Bitcoins dropping in price (Read 2161 times)

hero member
Activity: 2310
Merit: 532
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May 29, 2017, 09:01:04 AM
#52
Price of bitcoin dropping is just consolidation it is very normal for price to embark   on correction mode, this is based on technical analysis of the candlestick pattern formed I am very sure the price will be bullish in few days to come meaning it will rise. Buyer should keep on buying now.
I think the price is only a temporary drop bitcoin it, will ultimately be very normal for a price correction mode, this is based on technical analysis at and I am very sure the price will be back in a few days will be increased, the buyer should determine to continue to buy now.

The price is already going up. I think we have reached the short term bottom. The next stop is above $3000.

And what exactly would be the reason for the price to climb from $2100 to $3000?

The price correction and the segwit gaining more support from the entire miners and the other companies who hold power of manipulating the bitcoin moves is the reason for the price getting retained towards $3000 from the deep fall towards $2000 from the peak value around $2800.
sr. member
Activity: 530
Merit: 250
May 28, 2017, 08:18:18 PM
#51
Price of bitcoin dropping is just consolidation it is very normal for price to embark   on correction mode, this is based on technical analysis of the candlestick pattern formed I am very sure the price will be bullish in few days to come meaning it will rise. Buyer should keep on buying now.
I think the price is only a temporary drop bitcoin it, will ultimately be very normal for a price correction mode, this is based on technical analysis at and I am very sure the price will be back in a few days will be increased, the buyer should determine to continue to buy now.

The price is already going up. I think we have reached the short term bottom. The next stop is above $3000.

And what exactly would be the reason for the price to climb from $2100 to $3000?
full member
Activity: 224
Merit: 100
May 28, 2017, 06:22:35 PM
#50
After a slump in price the coin is recovering pretty good and the price is picking up pretty soon and three thousand looks like the next target but we could face a good resistance at $2700 region and if we keeps on hearing good news about the market then it would cross $3000 in the matter of a few trading days.
legendary
Activity: 3010
Merit: 1280
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May 28, 2017, 06:12:34 PM
#49
Even with these bull traps, I still believe bitcoin will have a bull in steroid this following weeks.  There is no bad news that is  currently circulating in the market unless I am missing something.  Almost all the news I read about Bitcoin is positive and may cause hype that will make bitcoin price into uptrend again.  Russia, Australia, South Korea, India, Pakistan and smart contract this June, some lights on bitcoin scaling.  This are all news that can contribute to bitcoin price uptrend.
legendary
Activity: 3276
Merit: 1029
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May 28, 2017, 05:39:54 PM
#48
Price of bitcoin dropping is just consolidation it is very normal for price to embark   on correction mode, this is based on technical analysis of the candlestick pattern formed I am very sure the price will be bullish in few days to come meaning it will rise. Buyer should keep on buying now.
I think the price is only a temporary drop bitcoin it, will ultimately be very normal for a price correction mode, this is based on technical analysis at and I am very sure the price will be back in a few days will be increased, the buyer should determine to continue to buy now.

The price is already going up. I think we have reached the short term bottom. The next stop is above $3000.

Definitely, it was a very short crash and not a reversal to a bear trend as happened during the last major crash.
It for entirely not true, That's a little bullish trap. Too many people in the subreddit of bitcoin were talking about the bull trap of bitcoin but it looks like already happened last night.

The bearish trend is the matter of time. No one can be predicted when is the bear will come, And the more trap will fool a lot of the newbies.

We had passed the major crash yesterday.
hero member
Activity: 2912
Merit: 541
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May 28, 2017, 05:19:19 PM
#47
Who can please explain to me why Bitcoins price is dropping and going up steadily?


I am an expert in Bitcoins, but don't know how to know foresight of Bitcoin price

Can anyone explain?

maybe its because supply and demand in the market that makes the price is dropping into deep or many people that join into bitcoin industry and they are buying bitcoin because they think that bitcoin is really worth now. i think there is many possibilities that could cause bitcoin price is dropping like now and we can only waiting the price is back soon. since you are an expert in bitcoin, i think you can search with easy about this and you can found many thing that might be triggered bitcoin price is dropping.
legendary
Activity: 3038
Merit: 1169
May 28, 2017, 09:35:07 AM
#46
Who can please explain to me why Bitcoins price is dropping and going up steadily?


I am an expert in Bitcoins, but don't know how to know foresight of Bitcoin price

Can anyone explain?

Nobody can really know when will bitcoin price gonna go up or down because of it's unpredictable fluctuation, but that movement is base on the demands, popularity, good and bad news about bitcoin and a sudden dumping of most people have a great deal in the movement of bitcoin, if you would want a detail forecast about the movement, you can search GOOGLE for it or watch Youtube so you can see detailed forecasting about what would happen if bitcoin hits this and hit that, but for me patiently waiting for the price and put a certain target price that you want to attain and Relax because even if the price drop it would surely comes back up in no time.
hero member
Activity: 714
Merit: 501
May 28, 2017, 08:27:20 AM
#45
calm yo tits , its normal btc got dumped yesterday because china also had big crash on its market , my prediction on next week or month probably will go up again maybe on 2500 ? we dont know but hey lets be positive , anything can happen if you got optimism  Grin

Dumping has slowed down and could be over in the next couple of days. Maybe a lot of users has panic and sell their bitcoin. You can't blame them, seeing the dip from $2700 to sub $2000 is really scary. But just be calm and soon we will back and the price can go up to $3000.

whenever price goes up like this in a fast move and with a big rise, the resistance becomes slim. so when the fist sells start price goes down easily and since we still have a lot of sheep newbies who will panic sell, it drops big time.

but since there is still so much more people who want to buy bitcoin price comes back up and doesn't go below certain resistance like $1900 one. and also all the sheep will come back now in a couple of days after they realize their mistakes and price will go up again.
hero member
Activity: 2660
Merit: 551
May 28, 2017, 08:23:30 AM
#44
calm yo tits , its normal btc got dumped yesterday because china also had big crash on its market , my prediction on next week or month probably will go up again maybe on 2500 ? we dont know but hey lets be positive , anything can happen if you got optimism  Grin

Dumping has slowed down and could be over in the next couple of days. Maybe a lot of users has panic and sell their bitcoin. You can't blame them, seeing the dip from $2700 to sub $2000 is really scary. But just be calm and soon we will back and the price can go up to $3000.
member
Activity: 84
Merit: 10
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May 28, 2017, 02:25:12 AM
#43
calm yo tits , its normal btc got dumped yesterday because china also had big crash on its market , my prediction on next week or month probably will go up again maybe on 2500 ? we dont know but hey lets be positive , anything can happen if you got optimism  Grin
newbie
Activity: 36
Merit: 0
May 28, 2017, 02:22:25 AM
#42
Who can please explain to me why Bitcoins price is dropping and going up steadily?


I am an expert in Bitcoins, but don't know how to know foresight of Bitcoin price

Can anyone explain?

No one has foresight in the prices of anything else they would be the richest people on earth. There are always corrections and sometimes big crashes that turn bull runs to a bear run, I believe what we have seen now is just a short term correction and btc will pump again soon.
newbie
Activity: 47
Merit: 0
May 28, 2017, 02:15:25 AM
#41
Price of bitcoin dropping is just consolidation it is very normal for price to embark   on correction mode, this is based on technical analysis of the candlestick pattern formed I am very sure the price will be bullish in few days to come meaning it will rise. Buyer should keep on buying now.
I think the price is only a temporary drop bitcoin it, will ultimately be very normal for a price correction mode, this is based on technical analysis at and I am very sure the price will be back in a few days will be increased, the buyer should determine to continue to buy now.

The price is already going up. I think we have reached the short term bottom. The next stop is above $3000.

Definitely, it was a very short crash and not a reversal to a bear trend as happened during the last major crash.
member
Activity: 364
Merit: 11
May 28, 2017, 02:05:18 AM
#40
Price of bitcoin dropping is just consolidation it is very normal for price to embark   on correction mode, this is based on technical analysis of the candlestick pattern formed I am very sure the price will be bullish in few days to come meaning it will rise. Buyer should keep on buying now.
I think the price is only a temporary drop bitcoin it, will ultimately be very normal for a price correction mode, this is based on technical analysis at and I am very sure the price will be back in a few days will be increased, the buyer should determine to continue to buy now.

The price is already going up. I think we have reached the short term bottom. The next stop is above $3000.
sr. member
Activity: 434
Merit: 250
May 28, 2017, 12:36:03 AM
#39
Price of bitcoin dropping is just consolidation it is very normal for price to embark   on correction mode, this is based on technical analysis of the candlestick pattern formed I am very sure the price will be bullish in few days to come meaning it will rise. Buyer should keep on buying now.
I think the price is only a temporary drop bitcoin it, will ultimately be very normal for a price correction mode, this is based on technical analysis at and I am very sure the price will be back in a few days will be increased, the buyer should determine to continue to buy now.
hero member
Activity: 1302
Merit: 540
May 28, 2017, 12:21:44 AM
#38
Who can please explain to me why Bitcoins price is dropping and going up steadily?


I am an expert in Bitcoins, but don't know how to know foresight of Bitcoin price

Can anyone explain?
It is shocking about the drop which is big time in just a day and about the rise it is getting slow but steady.
All of this I think just came from the buying and selling part of bitcoin holders.
There might be someone who can identify to which it will go and they are really getting a lot of profit from the sell part 3 days ago then now they are purchasing bitcoin again.
well since that this is an speculation thread i wonder maybe its just a big whales who shaking the price as we seen how they pushed the price up and let newcomers to purchased the coins and then drop it down up to this level and wait for the weak holders to sell it out and then grab everything and just repeating the same old process. better to think twice before falling to this.
hero member
Activity: 3052
Merit: 651
May 28, 2017, 12:14:50 AM
#37
Who can please explain to me why Bitcoins price is dropping and going up steadily?


I am an expert in Bitcoins, but don't know how to know foresight of Bitcoin price

Can anyone explain?
It is shocking about the drop which is big time in just a day and about the rise it is getting slow but steady.
All of this I think just came from the buying and selling part of bitcoin holders.
There might be someone who can identify to which it will go and they are really getting a lot of profit from the sell part 3 days ago then now they are purchasing bitcoin again.
hero member
Activity: 826
Merit: 1004
May 28, 2017, 12:10:03 AM
#36
Maybe bitcoin heard our cries that most of us were not able to purchase it at 2000$ when price reached 2600$ so it decided to just fall so that it can increase it's market cap and people are also happy.
This is actually happening maybe because people saw a good profit and when the price slowly fell many understood and started selling and because of thisnthe trend continued.
hero member
Activity: 966
Merit: 515
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May 27, 2017, 11:38:08 PM
#35
Who can please explain to me why Bitcoins price is dropping and going up steadily?


I am an expert in Bitcoins, but don't know how to know foresight of Bitcoin price

Can anyone explain?
This is due to the demand , that get down .
From one week I didn't see the price rate chart at the international market because the price was much higher in my country because the demand speedly increases .
But 1 day ago a news came for the Bitcoin , that government will take action against the zebpay wallet ( where all the Indians can make buy sell of Thier Bitcoin easily ) for the all history and future transactions  .
This made the users of the Bitcoin in India worrying much about the future with the Bitcoin .
So due to this the demand of the Bitcoin goes down  and people selling their Bitcoin speedly to leave Bitcoin until a good news came for the Bitcoin use rule in India .
full member
Activity: 308
Merit: 100
May 27, 2017, 11:06:12 PM
#34
We are seeing a slow upward trajectory again. We might have hit the bottom already on this run. $2k seems to be the floor. We could be heading towards a stable period now before the next big storm. Next week will be very interesting.
hero member
Activity: 2548
Merit: 950
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May 27, 2017, 09:52:34 PM
#33
Bitcoin had skyrocketed in the last few weeks without a clear reason, so it was very likely that there would be a correction.

We're still above the record price of what, two weeks ago ? So basically we're still at a historically high price. Although the price seems stabilized or even going up again, I wouldn't be surprised if there was another drop.
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