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Topic: Depressed volatility driving BTC price down? (Read 371 times)

newbie
Activity: 88
Merit: 0
Thank you for the link. It is very shocking that the price is down. But I think this will rise up soon. I hope the market will recover within the end of this year.
legendary
Activity: 1526
Merit: 1179
For now, we just have to live with what the market is giving thus far.
That's perfect. I like the stability around the $6000 mark since it allows me and everyone else to start utilizing Bitcoin as currency, which is our main goal, right? At least that goes up for me. Bitcoin is a currency, don't forget that.

Stability and very low fees are more important than an increasing price. People complain about how the volatility and the high fees are a problem, but they don't do anything to use Bitcoin when everything works as it should.

Quick confirmations, stability, very low fees, is there more to wish for?
member
Activity: 626
Merit: 10
Bitcoin is trading at $6,407.53, down -4.79% from yesterday, wiping away the gains from the most recent steady recovery.
What's driving the bitcoin price down and what's the BTC price forecast?

Link: https://www.finstead.com/bite/bitcoin-depressed-volatility-june-22-2018

How do you think?
I think people now panicking because of this situation because instead bitcoin go up the price it still continues to go down. And I'm worried because of panicking of others there's possibility that the market will be have dumping.
sr. member
Activity: 1050
Merit: 251
I think this is the fact. The price is volatile but it is continuously and this has made the investors depressed enough and this is talking upon the market.
Any investor that is depressed right now apparently did not even take time to understand the market before even entering at all. The market is highly volatile and you really want to know how to make certain decisions before you end up panicking or depressed for no reason.

The market will not always keep moving up and for every reason, the downtrend was inevitable since nothing simply drove the price upward apart from speculation and manipulation but the market will recover at its own time, and rather than being worried, it is best to take advantage of accumulating at this dips.

You're right mate, and just a matter of time as we patiently waited for the exaxt moment for the btc price to rise further, we must hold our btc. The manipulations could take place actually, but don't ever hold on that grip on bitcoin because eventually we'll be able to surpass this challenges. However to find the good opportunity while the dip was in, don't waste the chance but rather grab it for our better future with Bitcoin.
legendary
Activity: 1176
Merit: 1024
Bitcoin is trading at $6,407.53, down -4.79% from yesterday, wiping away the gains from the most recent steady recovery.
What's driving the bitcoin price down and what's the BTC price forecast?

Link: https://www.finstead.com/bite/bitcoin-depressed-volatility-june-22-2018

How do you think?
What else is driving the price down asides the fact that we are in the bear trend and the possibility of seeing the market go lower is still there. There is nothing that we could say is going to cause some bullish momentum thus far and the recovery you guys keep mentioning is a bear flag with the bulls not doing much to follow it through until when they feel they have the momentum to do so. For now, we just have to live with what the market is giving thus far.
legendary
Activity: 3542
Merit: 1162
www.Crypto.Games: Multiple coins, multiple games
I think this is the fact. The price is volatile but it is continuously and this has made the investors depressed enough and this is talking upon the market.
Any investor that is depressed right now apparently did not even take time to understand the market before even entering at all. The market is highly volatile and you really want to know how to make certain decisions before you end up panicking or depressed for no reason.

The market will not always keep moving up and for every reason, the downtrend was inevitable since nothing simply drove the price upward apart from speculation and manipulation but the market will recover at its own time, and rather than being worried, it is best to take advantage of accumulating at this dips.
full member
Activity: 378
Merit: 101
Not just depressed volatility but manipulation, hacking and Fuds that drives the price of the bitcoin down and now they are trying to spread that bitcoin will down to the bottom of $4k so if that was achieved what's next? $2k or $1k articles and posts explaining their speculation and analysis they are too greedy to bring the price of bitcoin down to the bottom just to accumulate more? then pump the price to create fomo.
full member
Activity: 784
Merit: 123
Bitcoin is trading at $6,407.53, down -4.79% from yesterday, wiping away the gains from the most recent steady recovery.
What's driving the bitcoin price down and what's the BTC price forecast?

Link: https://www.finstead.com/bite/bitcoin-depressed-volatility-june-22-2018

How do you think?
As we observed market volatility is so strong and makes market trend become unpredictable. But isn't the reason why market drops like that,  fuds and market manipulation by the whales seem to have a huge effect in the market prices. We cant stop them actually cause they have power and having a dominant investors in crypto.  It looks like  crypto movement's are now depending on whales plan.
full member
Activity: 602
Merit: 100
It can't be avoided since people are different and there are who are very emotional and I think they are the one who seems to be affected. This is the world of cryptos were everything can possibly be happen.
hero member
Activity: 1246
Merit: 529
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this drop is 90% manipulation at this point and 10% money going away. otherwise all the analysis that has been around for over 6 months has been pointing to a much higher price as the bottom (i am not talking about FUDsters who called their bullshit analysis, but the real analysis from legit sources).

I agree. I don't know until when they'll try to keep this up but it's obvious manipulation from biggies. Though this isn't the only time this happened and we all know this market can be manipulated so there shouldn't be any surprise to that.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
this drop is 90% manipulation at this point and 10% money going away. otherwise all the analysis that has been around for over 6 months has been pointing to a much higher price as the bottom (i am not talking about FUDsters who called their bullshit analysis, but the real analysis from legit sources).
sr. member
Activity: 2366
Merit: 305
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Most of us are concerned about the Bitcoin price down for past 2 months and I really worried about it. I think the price will still come down to $5000 below as per the current trend of Bitcoin. I have hope that, what ever the price may be now but Bitcoin will start rising and will reach the maximum for this year very soon.

I guess from August the price will start rising and most experts predict as such.
newbie
Activity: 90
Merit: 0
The bitcoin price is simultaneously experiencing a huge decline. It is causing great panic among the bitcoin users. We should patiently wait for our perfect time to make a move in the crypto market in order to eradicate such issues.
member
Activity: 294
Merit: 12
This is show us that the price of bitcoin or any other cryptocurrency is always been manipulated by emotions and cognitive reasoning. When people start noticing the fall in the price of bitcoin, they feel they have start losing all their invested money, some become depressed, others start panicking and start selling off and by this causing a decrease in the price of BTC.
the true ugliness of bitcoin is the price increase depending on the volality but it may be the law of the currency but the actual price manipulation is the act of cheating because it will impact on all crypto users...
newbie
Activity: 252
Merit: 0
It’s really bad news for crypto and this news is like nightmare to the btc users because they invested lots of money in here but this price will increase we expect because most of the analyst predict this but day by day its decreasing so its really a matter of fact to think.
newbie
Activity: 61
Merit: 0
In market most of the coins are affected for price based on this is really disappointing for btc users because this price is going down and the amount of price is really too high I mean difference based on this we should take some initiative to stop this falling price. But we are hoping that it will recover soon.
full member
Activity: 1064
Merit: 112
That's really shocking.Just now,we saw BTC price recovering guessing that big whales are going for a big bump.All of a sudden,its price has started to fall and it's just near to the bottom line of 6,000 dollars.
 yes I'm expecting as well bitcoin will increase more because it shows a small pump last few days, before this scenario,  which is a sign to bullish again. without knowing it's just a "bull trap" to convinced holders to ride back , and now we have  no idea what is the another bottom price behind of this volatility.  
sr. member
Activity: 1512
Merit: 316
I think this is the fact. The price is volatile but it is continuously and this has made the investors depressed enough and this is talking upon the market.

The market is going through some hard times and this is causing the investors to see their portfolio in red from very long time. They do need to make money as well as they had being staying invested form so long and helped the market to go green at many times as they buy when the market is low. SO guys go and buy some btc and help the rest of them .
newbie
Activity: 266
Merit: 0
There are so many reasons active for the fall of bitcoin price. Right now, I think the hacking of bithumb is responsible for the depression. But I believe this is periodical. Market will turn soon and price of bitcoin will move up.
full member
Activity: 462
Merit: 102
This decreases for me are same as others in the past and nothing spectacular about.. Just a normal movement of bitcoin because the demand of it is suffering from negative news and excessive dumping.. This can change in due time as half of year and ber months is approaching..

The bitcoin will soon find its way up and to increasing as what last year predictions indicates..
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