Topic: Explain the cause of Bitcoin 'not coming down' (Read 436 times)

I think the natural cause that Bitcoin does not go down is because the market is moved by the Strong Hands and the big speculators, that is, if they do not have in their plans to lower the bitcoin price, this will not happen, there may be many sales massive but they will not be as impressive as the sales or the Shorts that can be made by the whales or Strong Hands, practically the market moves is for it, I do not think it is for China or the USA, nor for tariffs, the investors know that having a The economy based on cryptocurrencies are willing to be at risk because of the high volatility of bitcoin.
New investors have many doubts, some like Warren Buffet, are big in investments but they are not very clear on how they can make profits or maybe they think it is very risky to face the bitcoin speculative market, this is normal, there are all kinds of investors , and there are also investors who trust directly in bitcoin and in the phases of the market that passes through it, that is, it is clear that bitcoin has to turn completely to a bullish trend and once it happens it will have a brake on the stage of distribution, a stage where always the ideal is the sale of the same, this seen from the point of view of the speculator.
And if from the point of view of the Investor it is simple because you simply have to follow up on the investment and start to see the benefits over time, that is, you can wait months or years if necessary.

News outlets don't know more than you or me, so I doubt they have any type of insider that knows who or what invested large amounts of money in Bitcoin. If they can't back it up with evidence, then ignore it.

Another thing is that financial institutions tend to use proxy companies to invest in risky or not so popular industries, so that offers them an extra layer of privacy news outlets won't likely be able to crack through.

Fiat exchanges are the only entities that know how much money goes in and out, not copy and paste news outlets. They just want to sell you an interesting article because people love to read news about institutions buying in.

If you ask people what the next bull run trigger will be, most of them will answer with institutions.

It may have helped push prices higher, but the recent rally was much bigger than just Chinese demand. This was pent up demand (including lots of shorts being squeezed) hitting very low supply, across the board. If you compare order books across exchanges, spot exchange supply is very low right now. Thin ask sides like we're seeing now is characteristic of any bull market.


Chinese people are definitely using Bitcoin as a means for capital flight, but it's a drop in the bucket compared to the multi-billion dollar Chinese shadow banking industry, exits to real estate, etc. The crypto market is still quite small for large capital flight. There are much better means for Chinese people to get their money out of the country.

I guess no one had ever predicted this, This is likely unpredictable But surely there are ways in slightly knowing, And because of the past movement some have indicated that it can be this year, And some are analysis from certain records of graphs Well we can surely can have a hint on whatever may happen but this is still unpredictable and anything may happen without further a due,

And anyone can be ready for cryptocurrency as long as they have the resources with them, I really think that the price may still plunge down but that is a working progress of resistance and some bad news that may sway the bull run movement.

This is what I actually have heard. The US China trade tension has caused this price surge of bitcoin after Trump put on extra tariff on their import goods. The investors started to dump their stocks and jumped into the bitcoin market as soon the tariff was imposed causing the price of bitcoin to rise the very same day.
Just a little bit weird. As far as I know, China put a total ban on bitcoin trading. How come they trade bitcoin then?

If this story of bank investing $50,000,000 in bitcoin is true then it means some of them has started seeing what we have been saying and there are now ready to come into cryptocurrencies market.  I don't think that bitcoin cannot come down but there have to be a reason why that should happen.

Not that it is not coming down because I believe there are so many reason for it to go down. I heard of a news that some banks entities invested on digital market big time. I think it was $50 million. If that's so, that is a mass adoption of cryptocurrency.

There are those who control the prices Not investors
If they wanted prices will be under 5000 usd per btc next month

I also think that China and USA trades make the price going up or down, but also if there more people from world come and buy bitcoin can help the price grow. People yes will preffer bitcoin because is more easy to store it.

I see, they can find way just to buy bitcoin and hold it.
This time, people will prefer bitcoin than gold because it's not easy to acquire gold and not easy to store it.

Bitcoin, as long as you know your key and you hold it, you can bring it anywhere you will go.
Trade war is bad, so it's time not to rely to fiat, let bitcoin be the savior so every country will be independent and will not be manipulated by the big ones.

Any fiat currency are continue to devalue because government keep print it regardless the number of gold. Bitcoin is currency for the future so it is normal if many we trying to collect it as many as we can. China's government is very strict although the methode that they use is effective but it's give very huge presure for chinese people. Some of chinese people want to move their wealth outside the country using bitcoin since long time ago, so I think the main reason why bitcoin not go down is pure because the increasing number of people who use bitcoin.

Sometimes the price will meet a correction and now it has been happening. If the price of bitcoin always high which mean never met a correction then what a function of trader? I think a trader will get a profit just because there is a correction or if we see the candle we will find candle up and candle down. So, your predict is not relevant, don't trust anything about cryptocurrencies prices because you are able to predict correctly.  Moreover, we know about whales act which can make the price down drastically without any information or they don't use fundamental factor to sell and buy.

I think it is a combination of a lot of things that are happening now. Fidelity and Bakkt are on the brink of taking on institutional investors and this is a early trigger for people to buy coins, before that happens. The trade wars between China & the USA are also causing friction and panic in the global economy and we also had some red flags being shown with Tether and Binance being hacked.

Investors are clearly shifting some investments in their portfolio around to hedge against possible losses and in times like this, they look for things that are considered as safe havens. 

I think that might happen, the volume of bitcoin market in china  has increased rapidly, while the yuan exchange rate has decreased. maybe a lot of people there want to secure the value of their assets from a trade war between China and America. and one of the easiest ways is to buy bitcoin. then with the high demand at that time, making FOMO in the market, many investors re-entered and bought and it made a double effect, thus making the bitcoin and crypto market rise rapidly

If one of the biggest country like China will likely to contribute in bitcoin as what you have stated then it is a good information to each and everyone of us who have invested also in bitcoin.

But I am not that sure if the reason behind the increase is only the contribution of Chinese investors because if it is the scenario then there is a big possibility that they can easily manipulate the bitcoin price which is not a good news especially to small investors. So i'm sure that there are still other reasons why bitcoin prices continue to rise aside from the one that you tackle. 

i think you are trying too hard to find a reason for something that doesn't need a reason and is normal. bitcoin price must have risen no matter what. that is how the past 10 year rise has occurred. it wasn't China that pushed bitcoin up from $0.01 to $20000, it was the adoption. so is today's rise from $3k to $8k. the short term spikes are due to the fact that bitcoin was under priced and also in a big bear market for a long time so as soon as the reversal was undeniable everyone started jumping back in and that causes the big spikes.
other than that this is the rally that everyone was expecting.

if bitcoin recieves too much demand then the value shouldnt become stable but it will become unstable .  Unstable in a form of continous growth  . Demand and the willingness of people to hodl is also the reason on why bitcoin is not going down  .


bitcoin can go down at some point because the downfall of the price is normal and will be needed before we see another highs but i dont think that tether is the one that responsible for this.  As i stated earlier , the ups and downs are only caused by the demand and other factors .

Sometimes a person can realize after seeing a result which can be favorable to him, so this time in crypto some frustrated buyers will again hope for price to decrease in order to grab the chance again. In reality, if there's a chance given to us you only got one time to that and if you have second I think it was just a luck. Certainly one reason that kepts bitcoin remain stable these days which prevent that to go down, its due to many demands came in and market recovery is having continues improvement after long bearish months.

It will come down or won't come down will be because of Tether.  Every time Bitcoin goes up it has something to do with Tether.  There is a conspiracy theory out there that when BTC goes up so does the Tether supply.  It is hard to prove these theories because of how secretive Tether is.  As BTC gets more mass adoption Tether will slowly stop to matter.  The case could be made this theory was true in the past but now BTC has gotten so big Tether is only a small player now. 

Be careful what you wish for. Bitcoin's price would certainly shoot up, but it would likely have more to do with USD going down than Bitcoin actually being more valuable. We don't even know if Bitcoin is trusted enough by enough people as a hedge for a crisis of that scale.

It might be inevitable, but either way, I feel like it would be best for everyone to avoid an economic crisis altogether.