The fall from nearly $19,000 :( - page 3.

thesavoyard

sr. member

Activity: 560

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Quote from: sakib.bro on March 18, 2018, 12:38:54 AM

Somewhere within last year, Bitcoin could rise as high up to almost $19,000 and this massive rise stirred up the interest and enthusiasm of investors. Few weeks later, Bitcoin began to experience gradual drop in price and now struggling to regain the position of the almost $19,000.
The question is: What is causing the drop in BTC? is Bitcoin ever going to regain that position and even beyond again? and if yes, when?(prediction)

This has happened every year at roughly the same time. From late January to sometimes early April, BTC is in bear season. A rally happens every late spring as well. Sometimes as early as April and once as late as mid-July. You need balls of steel to trade BTC. https://www.youtube.com/watch?v=c6-EfveplnA

ajaymukund

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https://streamies.io/

Quote from: sakib.bro on March 18, 2018, 12:38:54 AM

Somewhere within last year, Bitcoin could rise as high up to almost $19,000 and this massive rise stirred up the interest and enthusiasm of investors. Few weeks later, Bitcoin began to experience gradual drop in price and now struggling to regain the position of the almost $19,000.
The question is: What is causing the drop in BTC? is Bitcoin ever going to regain that position and even beyond again? and if yes, when?(prediction)

The cost of bitcoin to reach $ 19k is just the promotion of bitcoin to the world. According to my speculation, many bitcoin holders did that. They deliberately raise the price of bitcoin so people think about bitcoin. They will think this is a potential market and many people will join in to make more profit from easy investment. But there are very few successful people in the trading business.
The price of bitcoin will return to $ 20k by the end of 2018. I just predict and have no accurate evidence.

Dadan

sr. member

Activity: 789

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So maybe bitcoin's value has dropped in recent months due to false news spreads, many of them have banned bitcoins in their places and many complain about bitcoin government because they can not control bitcoin so they do not want , because maybe that bitcoin has dropped significantly last month. My prediction of bitcoin's height is in December because so is the month of bitcoin's height because maybe it's a christmas so they do the bitcoin height so they can double their income and be happy with the holidays of the Filipinos, and maybe the value of bitcoin is 40k usd before the end of the year but the 40k usb is less likely to show up to just 30k usd bitcoin.

monkeydominicorobin

full member

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✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪

Quote from: sakib.bro on March 18, 2018, 12:38:54 AM

Somewhere within last year, Bitcoin could rise as high up to almost $19,000 and this massive rise stirred up the interest and enthusiasm of investors. Few weeks later, Bitcoin began to experience gradual drop in price and now struggling to regain the position of the almost $19,000.
The question is: What is causing the drop in BTC? is Bitcoin ever going to regain that position and even beyond again? and if yes, when?(prediction)

Law of supply and demand is the culprit.The good old market forces is at work. There is no going around it.

kabit9

full member

Activity: 853

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Keep in mind that in December/January, we saw a whole slew of new players coming into the market (institutional as well as retail).

If you compare the volumes on a daily chart of Dec/Jan with even 6 months ago you will see clearly what is happening.

Big boys with lots of money are now playing the same game, and they like to play by different rules. The thing is, everyone has their own rules for this game, and that's allowed by this game.

In terms of price, I think we will easily see 25-30K$ / BTC this year. Good luck.

mk4

legendary

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Paldo.io 🤖

Bitcoin pretty much doubled in a single month in December-Janaury. A price correction was really expected to happen. There was too much hype on the cryptocurrency space. Will it go back again? Maybe. When? No one knows. My guess is just as good as yours.

ElaraTechCapital

newbie

Activity: 7

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Quote from: sakib.bro on March 18, 2018, 12:38:54 AM

The question is: What is causing the drop in BTC? is Bitcoin ever going to regain that position and even beyond again? and if yes, when?(prediction)

More people are selling than are buying.
Yes, within 10 years.

sakib.bro

jr. member

Activity: 140

Merit: 2

Somewhere within last year, 2017 un december
Bitcoin could rise as high up to almost $19,000 (already it hits 19k) and this massive rise stirred up the interest and enthusiasm of investors. Few weeks later, Bitcoin began to experience gradual drop in price and now struggling to regain the position of the almost $19,000.
The question is: What is causing for the drop in BTC?
Is Bitcoin ever going to regain that position and even beyond again?
and if yes, when?(prediction)
keep in mind that it will sure rise up

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