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Topic: Market red every currecny, BTC below 7k why? (Read 302 times)

jr. member
Activity: 308
Merit: 3
The Premier Digital Asset Management Ecosystem
Because when the BTC is under $ 7000, everyone sees it as a reasonable price for them to buy. And when buying in much, boosting BTC price increases. That is the principle of the Crypto market, based on supply and demand.
newbie
Activity: 154
Merit: 0
I advise you not to pay attention to this, but to get calm and wait! Weak players will leave with nothing. The strong will be the winners! A lot of money is at stake! Wink Now is the ideal time to buy!
full member
Activity: 490
Merit: 102
Please experts tell, why market red in every currency and why BTC below 7k?

BTC price cannot be anything but exceptionally volatile. Every day new BTC are born and mined. They must be consumed. This situation needs money flow into the market. That means permanent demand. If BTC price is growing at the same time it means that demand must grow too in order to confirm the price. It is very interesting like goods with hourly supply and hourly demand confirmation. And as BTC is a saving instrument and front player of blockchain tech it depends also from expectations and regulators. So the price is as unpredictable as Sirius Black.
member
Activity: 154
Merit: 12
BTC is still under 7k because is still suffering from the correction after the all time high in December. Most of them are in red because, pretty much, all of them are following BTC, the king
jr. member
Activity: 308
Merit: 2
As the price of bitcoin rises, subcoins rise and fold. But in parallel with the thought of bitcoin, subcoins also fall on the floor and floor. So the price of bitcoin determines everything. Let's hope that the bitcoin is up and everyone is winning. Otherwise our work is very difficult.
hero member
Activity: 728
Merit: 500
This was to be watched. Bitcoin did not constitutional in the hurdle of heaven 12k, so BTC could not supporting spot in the hurdle of heaven 10k.
member
Activity: 294
Merit: 23
Today's situation in the market is not a novelty, it has been repeated many times in history. Look at the schedule 2013 - 2017, at the end of 2013 PTS cost $ 1122 and after it fell to $ 213, and then until 2017 could not recover, for 2017 - there was an increase to 20,000
sr. member
Activity: 854
Merit: 250
when bitcoin decreases then altcoin usually also comes down, this is caused by most altcoin depend on bitcoin. but I think this is the umpteenth time bitcoin has decreased to less than $ 7k but it will go back up.
full member
Activity: 784
Merit: 115
I'm not an expert and I'm unlikely to become one, but I can assume that the current market correction is related to the activity of the CFTC, which requested data from major exchanges about trading after the launch of bitcoin futures.
newbie
Activity: 196
Merit: 0
I'd say because of stricter regulations compared to last year, plus all the fud news. But I really think the next bull run is near.
hero member
Activity: 1148
Merit: 523
CryptoTalk.Org - Get Paid for every Post!
Please experts tell, why market red in every currency and why BTC below 7k?

Really damn to see the crypto currency market in the red phase now bro. If you really want to invest use this situation, you will be able to find the profit in some days or weeks for sure. If you want to find the reason you will get the answer as hacking, regulations and banning issues.

Personally I really think regulations and bitcoin stolen around 1.3 million may be the situation for the recent dump.
member
Activity: 406
Merit: 10
There is no need to search the cause of the bitcoin fall every time.
If you came to this market, you must have strong nerves to calmly sit it out.
hero member
Activity: 1498
Merit: 507
Not your Keys, not your Bitcoin
Please experts tell, why market red in every currency and why BTC below 7k?
Bitcoin is the only reason in red market. Because many rumours are spread crypto investment and some countries are fix the regulation in trading so many peoples are move to some other platform this is the main impact of price fluctuation but some cheap altcoins are grow fastly so some whales also involve in red market.
full member
Activity: 490
Merit: 100
I think that this is not the end. if you believe in the industry, then you should wait for this recession, because sooner and later it will end. Bitcoin needs to cool down properly, what next move to higher goals
member
Activity: 203
Merit: 11
ENTRY cryptocurrency
This was to be expected. Bitcoin did not pass above 12k, then BTC could not keep position above 10k. After that, investors had a lot of doubts about the further growth of the main cryptocurrency. As a result, we see a sharp drop in the market.
full member
Activity: 533
Merit: 100
Once again is down. Panic will slowly start, end of the world soon after and up we go again in a circle.
 Smiley Cool popcorns are ready, but the movie is same old, same old.
hero member
Activity: 798
Merit: 503
Please experts tell, why market red in every currency and why BTC below 7k?

If people know the answer to the this question, the number of people on the forum would reduced drastically. The reason why a lot of people are here is to check if someone would provide the answer and I am not even sure if someone who knows truly will want to say it because that is the key to unlimited riches. My advise, rather than looking for answers on how the market is the way it is, more interesting and profitable to make more returns out of the current situation which is what I believe a lot of people ade using as a form of consolation.
member
Activity: 280
Merit: 10
The price of Bitcoin falls due to the negative news about the hacking of the Korean exchange,and after Bitcoin, all other crypto-currencies fall. Personally, I think that all this negative news is another manipulation on the part of the big players in order to lower the market.
full member
Activity: 209
Merit: 100
Actually this is an unpredicted turn. All the analysis were pointing toward a positive growth but instead a correction happened. There isn't any perfect reason that can support this correction. But I think, it is some whale playing with the market.
hero member
Activity: 924
Merit: 511
Seeing ups and downs in crypto market is usual, you can not expect only highs everytime but to make real profits out of bitcoin you should invest and keep waiting. The upward trend starts from november to february according to my research. Currently it is time to store bitcoin and watch for right time
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