Topic: Is bitcoin fever coming back? - page 31. (Read 3881 times)

Many Bitcoin holders are seriously anxious and watching the market, to know what the outcome of Bitcoin would be in the remaining part of this year. Although we have seen a drastic fall in the price, but everyone seems to be optimistic, that even if it does not rise upto the point it got to in 2017, atleast the should be a reasonable increase. Some are also of the opinion that it will g beyond what we have seen before.
Whichever case, let there be a meaningful increase.

After this correction then the bullish  period will be real and the price reversal will be come positive. Bitcoin will surely go back upnorth in price despite the market sentiments.

yes now no new money coming inside the market .
people still waiting to invest in it .
also fuds around world in media pushing new investor to stay away from it .

but after some time it will again in green bcoz of end of all fuds .
so just wait .

I believe the bitcoin fever will come back eventually. Bitcoin is still young and there are still many users around the world who have not heard or invested in Bitcoin.

The exuberance will come back again in the next bullish run and everyone will forget this small depression. Do not emphasize too much for the price and invest in the technology, the value will grow organically!

it seems to many that such a school of falling seemed effective for many, but it will not necessarily be so in practice. when it starts to grow again you lose your head. but even if not, we will again be waiting for the same wave of growth, just a cycle will not be every 6 months, and every 12 months

After its skyrocket increase, hitting $20,000/BTC in the late months of 2017, this cryptocurrency responded to the excitement of investors with a disappointing fall in the first months of the new year.

Bitcoin has yet been able to recover 50% of its peak as the Crypto market is still fluctuating. Bitcoin value has fallen below $ 7,000, recorded on 2nd April. The whole market is sunk in red.

Kyle Salmani, the founder of crypto-currency fund Multicoin Capital, which manages $50 million (41 million euros) of private cash, said: "This is a healthy correction after an exuberant 2017." However, Kyle Salman does not bet on Bitcoin's return.

In another perspective, Jordan Hiscott, investment manager at the Ayondo Markets online platform, added: "certainly the halcyon days of performance gains from 2017 seem long gone."

According to Coinmarketcap, Bitcoin makes up only 40% of trading volume in the Crypto Market Exchanges while the number was up to 80% just a few months ago. The keyword “Bitcoin” also has a low weekly number of Google search.

Bitcoin market will continue to fluctuate based on investor sentiment
"I wouldn't be surprised to see prices fall to $5,000 from here or go back above $10,000," said Craig Erlam, an analyst online currency trading platform Oanda. The majority of Bitcoin holders still keep their faith and are hoping for a dramatic change in Cryptocurrency market

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