Topic: Drop of over $500 on the price of a bitcoin last 24 hours - page 4. (Read 697 times)
Bitcoin's price is hard to predict, because most investors are now more keen to invest in other cryptocurrencies, which will allow them to reduce their investment in Bitcoin and cause bitcoin to continue to fall!
With mixed sort of news coming, bitcoin fell sharply last 24 hour breaking all the so called resistance point of 6500 and 6300 to reach around $6K.
Where next? Below $5K or rise back to $10K?
The next resistance is 5000-4500USD. That doesnt mean that we can´t go through Where next? Below $5K or rise back to $10K?
. The market needs to be cleaned from the money of weak hands.With mixed sort of news coming, bitcoin fell sharply last 24 hour breaking all the so called resistance point of 6500 and 6300 to reach around $6K.
Where next? Below $5K or rise back to $10K?
I guess the next target is 4k8, but it might not be the bottom we wish. There is still a long way until bitcoin price can reverse. Where next? Below $5K or rise back to $10K?
With mixed sort of news coming, bitcoin fell sharply last 24 hour breaking all the so called resistance point of 6500 and 6300 to reach around $6K.
Where next? Below $5K or rise back to $10K?
Nobody can predict the bitcoin price as this is too volatile in nature and I would just hope that this downfall will end and somehow push the price higher to have a good market condition. Although recovery will need enough time we just need to be patient to wait for the best price. Where next? Below $5K or rise back to $10K?
Might it be caused by the world cup?
Now i can not predict where BTC and other altcoin will go in short times, my purpose just make investment by minimum 1 years, i believe in next 1 year the price will explode. I think bearish trend is not all the times, will be any times for crypto also to going up and bullish trend.
Still on it's downtrend movements, so we are much closer to hit 5k$ instead of reaching 10k$, but who knows what can be the movement next week, those negative news really affects the value because of those panic sellers are also selling their coins and make more impacts.
There are always bad news and price is down every month. It will probably better than that. I believe the future but I have earned more than I act hastily
many also in bitcointalk discussion forums that complain about this problem. yes of course this is a risk that we must face when starting to invest in krypto market. the positive is that we can start buying more coins at a low price in order to get the maximum profit when the price back up. with a lot of coins will also make the price back stable even though it must wait long enough.
With mixed sort of news coming, bitcoin fell sharply last 24 hour breaking all the so called resistance point of 6500 and 6300 to reach around $6K.
Where next? Below $5K or rise back to $10K?
Where next? Below $5K or rise back to $10K?
I think that the market will turn in early July. A lot of positive news is ahead and this fall is planned. Closing of semi-annual futures, opening of the exchange from NASDAQ. I think that the turn will be sharp, and everyone will be afraid to buy.
Yes, it is true that the BTC price has fallen again. But I hope that it will not go below $5000 USD. Moreover I also believe that the price will rise up now and it will be stable within the end of this year.
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yes it is currently the price of coins are down and down. not just bitcoin, ethereum is in decline. and perhaps many investors are not willing to enter the market for now. yes as we know this is a risk that must be accepted if investing in the world of crypto. I am sure the market will not be stable in the near future.
The only reason that makes ethereum declining its price is bitcoin, you see, the price movement is exactly the same as bitcoin meaning that people still think that Ethereum is not totally independent to bitcoin and I'm pretty sure that panic seller started to cash out to btc when they see the price of btc going down.I don't know when this bearish market will be ended but I just hope that when it ends the price is just not too low that it took so much time to just recover.
The price of bitcoin has been decreasing continuously over time. I started worrying it was half lower than when I bought them. But I kept persistently waiting for the price to rise. Since I do not buy bitcoin anymore, I will switch to investing to buy ETH to try my luck.
With mixed sort of news coming, bitcoin fell sharply last 24 hour breaking all the so called resistance point of 6500 and 6300 to reach around $6K.
Where next? Below $5K or rise back to $10K?
Of course it is difficult to predict what will happen next with the price of bitcoin and other crypto. Of course hope will be different, some expect to rise or fall, but hope sometimes does not come with us, and certainly must be prepared and not panic with the worst possible. I hope the market price will quickly recover. Where next? Below $5K or rise back to $10K?
I don't think the price will go below 6k and gradually the price is going to be increased.
This drop clearly suggest that bears are still dominant in the market and their are no significant signs of reversal or bulls yet which everyone is eagerly waiting for looks loke market will clear all panic sellers and weak hands before starting its next upward wave.
This is a test for investors! The weak hands continue to be thrown out of the market! You just have to wait! Growth will be! Question when ?!Do not panic!
Sad to see this drastic drop in the market cap. I think Bitcoin might fall even further and will begin recovering by the end of July and will start an insane rally sometime in August. This is simply my gut feeling and I don't base these predictions on any sort of analysis whatsoever. We all are aware of the risks involved with this cryptocurrency market due to its extreme volatility. In such bear market conditions, I suggest going out and taking a breather since watching the charts and trying to predict what will happen next won't help much in this market.
Everyone has been dismayed to see this drop but if you are also aware that this can be the time to stock more bitcoin on your stash, you don't have to think about it. This fall has been long since the beginning of this year and you want more of it, please stop that's too much already. We have more hopes for the next months to come and I've read some TA's but I don't trust them that says the same thing that by the end of July up to the next months we should expect some recovery.
yes it is currently the price of coins are down and down. not just bitcoin, ethereum is in decline. and perhaps many investors are not willing to enter the market for now. yes as we know this is a risk that must be accepted if investing in the world of crypto. I am sure the market will not be stable in the near future.
First mindset should be investment so don't look at now but the future, the market will still be stable but is all about time
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