If you look at Bitcoin from the technical analysis point, then its price now stands right in the middle of the ascending and descending channels.
If the price falls below $6000, it will go even lower. If BTC goes up, it will reach 9500-10200 USD. I think about 2 more weeks BTC prices will be in the flat.
Topic: The bitcoin why Bitcoin's price fell. - page 2. (Read 327 times)
Bcos many people to sell btc
Bitcoins price depending with news.It was down because it was a significant price adjustment period.The fact that now there is a correction. The correction is called short term depreciation after period active growth.
For me its expected that the bitcoins price will go down because last months, december to be exact the price of bitcoin rise up up to $19000, its weird if bitcoins price will always go high, so dont be worry if the price of bitcoin is falling , its normsal just wait bitcoins price will rise soon.
Bitcoins price depending with news.It was down because it was a significant price adjustment period.The fact that now there is a correction. The correction is called short term depreciation after period active growth.
For me its expected that the bitcoins price will go down because last months, december 2017 to be the exact price of bitcoin rise up, reached up to $19000, its weird if bitcoins price will always go high, so dont be worry if the price of bitcoin is falling , its normal just wait bitcoins price will rise soon.
Bitcoiner said that Bitcoin was down because it was a significant price adjustment period after what it had achieved at the beginning of the year. But a great deal of pressure from many countries to launch a ban on Bitcoin has plagued it quickly.
I would also argue all the fake bans coming from China, India, South Korea have effected the markets heavier than any one singular news piece. Also the level of FUD and fake news that surrounds Bitcoin is astonishing to say the least, people need to think critically for themselves before reacting. Unfortunately that isn't the case and that is why you see many people dump upon hearing the "news" without even fact checking it or seeing if it has any basis in real life.
Bitcoins price depending with news.It was down because it was a significant price adjustment period.The fact that now there is a correction. The correction is called short term depreciation after period active growth.
Bitcoiner said that Bitcoin was down because it was a significant price adjustment period after what it had achieved at the beginning of the year. But a great deal of pressure from many countries to launch a ban on Bitcoin has plagued it quickly.
The bitcoin why bitcoin's price fell? Something about that sentence seems odd, can't place my finger on it.
The reason bitcoin fell is obvious, certainly a warning to binance wouldn't be sufficient to cause such a striking drop in value over such a short time-frame. In my opinion, the dip is due to Facebook/Twitter/Snapchat all banning ICO ads, and partially due to reddit not accepting BTC as a payment method anymore.
There hasn't been any positive news to negative these, so the headlines have spread like wildfire, making cryptocurrency seem like a poor investment to most non-experts. Over time, the negative hysteria will die down, and we will see an improvement in the conditions. Remember, just 3-4 weeks ago we were in the exact same position, and then BTC recovered to ~$12,000.
It's not over yet. Keep hodling.
The reason bitcoin fell is obvious, certainly a warning to binance wouldn't be sufficient to cause such a striking drop in value over such a short time-frame. In my opinion, the dip is due to Facebook/Twitter/Snapchat all banning ICO ads, and partially due to reddit not accepting BTC as a payment method anymore.
There hasn't been any positive news to negative these, so the headlines have spread like wildfire, making cryptocurrency seem like a poor investment to most non-experts. Over time, the negative hysteria will die down, and we will see an improvement in the conditions. Remember, just 3-4 weeks ago we were in the exact same position, and then BTC recovered to ~$12,000.
It's not over yet. Keep hodling.
Binance has moved to Malta, a country that has been reluctant to accept binance.
Malta, however, has a supportive attitude towards cryptocurrency markets.
Malta, however, has a supportive attitude towards cryptocurrency markets.
The reason why bitcoin price fell is Japan's Financial Services Agency was said to be planning to tell Binance to stop operating without a license.
Bitcoin's price felll 4.4 percent to $8,500 because of this news.
Bitcoin's price felll 4.4 percent to $8,500 because of this news.
There was another news, about one week ago, that Binance is about to move to Europe (I think it was Malta). If so, I guess that they don't need anymore the Japanese license. So this should not affect the price at all.
Most of the Chinese exchanges are already planned to migrated from their place to Europe and North American countries. Hope every exchange will settle soon and we will find the bitcoin and other alts bumped back in the market again.
When comparing with yesterday and today we see 5 percentage price growth in the BTC. So no more dump in the market again I expect.
the fact that now there is a correction. the correction is called short term depreciation after period active growth and it is absolutely normal it happens almost all the time, especially when growing the active if was very strong growth in the top I think he will go much lower
The reason why bitcoin price fell is Japan's Financial Services Agency was said to be planning to tell Binance to stop operating without a license.
Bitcoin's price felll 4.4 percent to $8,500 because of this news.
Bitcoin's price felll 4.4 percent to $8,500 because of this news.
There was another news, about one week ago, that Binance is about to move to Europe (I think it was Malta). If so, I guess that they don't need anymore the Japanese license. So this should not affect the price at all.
Most of the Chinese exchanges are already planned to migrated from their place to Europe and North American countries. Hope every exchange will settle soon and we will find the bitcoin and other alts bumped back in the market again.
When comparing with yesterday and today we see 5 percentage price growth in the BTC. So no more dump in the market again I expect.
The reason why bitcoin price fell is Japan's Financial Services Agency was said to be planning to tell Binance to stop operating without a license.
Bitcoin's price felll 4.4 percent to $8,500 because of this news.
Bitcoin's price felll 4.4 percent to $8,500 because of this news.
There was another news, about one week ago, that Binance is about to move to Europe (I think it was Malta). If so, I guess that they don't need anymore the Japanese license. So this should not affect the price at all.
Yes you are right now days Bitcoins price depending with news because of we get positive news about Bitcoins that time btc value will be increase, if we get any bad news about Bitcoins the value will be automatically decrease so we have to wait any good news about Bitcoins to bounce back to 20k Mark.
This is a post that came from bloomberg. The news seems credible since it came from a well known site.
The reason why bitcoin price fell is Japan's Financial Services Agency was said to be planning to tell Binance to stop operating without a license.
Bitcoin's price felll 4.4 percent to $8,500 because of this news.
Binance told Bloomberg News in January that it was working to acquire a license in Japan so there is nothing really to worry about.
Binance will surely comply with that since it will also help their exchange be more reputable and legal.
Link to the post:
https://www.bloomberg.com/news/articles/2018-03-22/bitcoin-falls-after-report-that-binance-faces-warning-in-japan
The reason why bitcoin price fell is Japan's Financial Services Agency was said to be planning to tell Binance to stop operating without a license.
Bitcoin's price felll 4.4 percent to $8,500 because of this news.
Binance told Bloomberg News in January that it was working to acquire a license in Japan so there is nothing really to worry about.
Binance will surely comply with that since it will also help their exchange be more reputable and legal.
Link to the post:
https://www.bloomberg.com/news/articles/2018-03-22/bitcoin-falls-after-report-that-binance-faces-warning-in-japan
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