Reason behind falling Bitcoin? - page 5.

brenzosa

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Quote from: juragankambing on October 20, 2018, 02:07:30 AM

BTC is still falling to the pit and I want to know the reasons behind it and do you think it will go down more!

maybe bitcoin and the whole crypto universe needs the support from goverment and large institutions to get moving up. the government and banks are among the reasons why bitcoin is held back to where it is today from its all time high.

Yaupgitda

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Quote from: juragankambing on October 20, 2018, 02:07:30 AM

BTC is still falling to the pit and I want to know the reasons behind it and do you think it will go down more!

There are no special reasons for falling prices, and this applies not only to the cryptocurrency market. In the history of the market there were not a few such cases, sooner or later a period of stagnation comes. Luck rewards the patient.

KrishaBitcoin

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Quote from: juragankambing on October 20, 2018, 02:07:30 AM

BTC is still falling to the pit and I want to know the reasons behind it and do you think it will go down more!

This was due to bearish market in which its currently still in effect that some say we are still in the middle of it but i believed that the $6,000 is the final price bottom that hopefully the market price will bounce back now as we have already long waited for a very long time period of this bearish market performance.

Rhianna Harmon

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Bitcoin's price is not really falling; it is not rising but it is quiet stable. The whole crypto market is a bit slow at the moment. But we have seen a little pump a week ago. We hope the situation will turn to positive before the new year.

Jayleen Fernandez

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There are hardly any reason behind the fall of the price of Bitcoin in the market. In fact, the price of all the coins in the market is down now. They all share the same reason, and that reason is hard to detect in a volatile market like crypto.

Ararbermas

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Quote from: juragankambing on October 20, 2018, 02:07:30 AM

BTC is still falling to the pit and I want to know the reasons behind it and do you think it will go down more!

no it's not falling mate . kindly make a technical analysis first before saying and posting " bitcoin still falling and etc". Because Indeed it still had small progress as of now and there's no changes on the price. And im pretty sure as well it never go down more again no matter what happen because bottom price of bitcoin still have strong support!. .

ripzombie

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I think that there was no even a difinite reason behind it’s drop. It was something like a small drop, but hamsters started to panic

fanji

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For Bitcoin traders, the current conditions are quite difficult. The value of this digital currency or cryptocurrency has fallen by almost 30% in the past month, and more than 50% during this year. there is another reason for the drop in the value of Bitcoin. due to regulatory uncertainty, concerns over price manipulation and market sentiment all weigh on cryptocurrency.

Tom Shelby

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I believe that the reason for the fall of Bitcoin may be the next price increase. Since the market is cyclical, the emu needs to fall so that later it will rise well, It's like a springboard. I think it will still work out.

Desmo

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The reason of falling of the price for bitcoin is very simple. People who bought it a year ago just have begun to withdraw the money and to lock in profits in dollars. And new inflow of people very small and the price doesn't grow.

ngocdhbk2

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I think Bitcoin go down a lot of when the supply is larger than demand. So Bitcoin sellers are much but buyers will lessen and that is a problem make Bitcoin go down. Besides i think the Bitcoin go down may also bad news for the crypto market.It impresses a lot of Bitcoin.

Hui8

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Quote from: juragankambing on October 20, 2018, 02:07:30 AM

BTC is still falling to the pit and I want to know the reasons behind it and do you think it will go down more!

Hm, an unsolved mystery of the bitcoin and its fellow coins that is altcoins. Its funny how things are not working upto the mark for everyone. To be honest this one is the fall when we will see BTC up rise to high prices.

Im not sure if im true to 100% but it does look like that as we approach the year end it could be that whales are now trying to manipulate the market and making the prices go down by themselves. This way they can stock up more and more for the preparation of having huge pumps ahead. This is how it works and working since many days to years.

5thFear

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Well, according to me, and i am nobody, Bitcoin attracted alot more attention then it should have and to tackle it the price was forced down. Bitcoin is the currency of the future and it will be there to replace Dollar and once the time is right, it would be allowed to move in freely and the other currencies like Chinese Yuan would be left wondering what hit them.

passwordnow

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Falling to the pit? it isn't falling to the pit, if it is then it will go below $1000 but its not and the price is still $6,000 above.

I don't thin it is going to go down more, this market is really volatile and bitcoin could pump or plummet anytime but we're done with the plummeting.

Bagaji

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Quote from: juragankambing on October 20, 2018, 02:07:30 AM

BTC is still falling to the pit and I want to know the reasons behind it and do you think it will go down more!

When last do you visit CMC price? Or which part of the world are living? Bitcoin price is quite stable and this stability of Bitcoin is a clear indication that the bull run is at hand, so, Bitcoin price is not still falling as speculated by you. Some of these reasons behind it falling is due to the NEWS from SEC and ETF.

ice18

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Its not actually the fall of bitcoin the current price is the most realistic price the bull run that happen last year is just a pump and a manipulation from big players thats why If someone wants to invest in bitcoin right now is the perfect time to accumulate.

Lantind

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about the price that falls today there is certainly a cause, but bitcoin will also rise again in the coming year, many reliable traders predict so even though the increase rate is very difficult to guess.

Bharathi13

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The current price of Bitcoin looks very stable since 3 to 4 months between 6000$ to 7000$, also the Bitcoin is looking quite immune because of good news like Bakkt and fidelity exchange which will bring out more capitals into the cryptocurrency market. Check below article and the views of the industry leader CEO of pantera capital.
https://dailyhodl.com/2018/10/19/bakkt-and-fidelity-will-bring-an-enormous-amount-of-capital-into-crypto-pantera-capital-ceo/.
We are experiencing this bear market since almost 10 months and for this bear market obvious reasons are manipulation, crypto exchange hacking like bithumb and coinrail, unclear regulations on cryptocurrency handling.

btc_angela

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Quote from: juragankambing on October 20, 2018, 02:07:30 AM

BTC is still falling to the pit and I want to know the reasons behind it and do you think it will go down more!

Did you FOMO at around $20K? That's why you said that that market is falling to the pit? AFAIK, the price has been stable for the last couple of months so I don't understand you saying negatively about the price. I would have to believed if you says is Ethereum, but Bitcoin? No and the only reason is that there's no demand right now or the demand is weak and investor most probably are waiting before they enter the market again.

MazCrypto

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bitcoin is experiencing a stable phase with only a slight rise and fall, this is not attractive because we cannot seek profit through price fluctuations, the cause of the rise or fall of bitcoin prices depends on the trader in buying and selling.

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