Topic: What is the reason for bearish of BTC - page 2. (Read 727 times)
I have not made such a judgment. On the contrary, I think Bitcoin should be bullish, because when the altcoin is in a downturn, Bitcoin will always rise slowly, which is caused by people's dump!
If you are currently observing the price of bitcoin, then you will be amazed by the rapid fluctuations of bitcoin, dude. I also stressed, that the price of a bitcoin does not depend on a company, because bitcoin is interoperable. Before you ask this, you should read some articles that discuss what you are asking right now.
Bitcoin crashing is a major scenario that has scared even top crypto currency investors and countries like USA, India keep fueling the situation ignoring the bad effect on investors and the beneficial side of Bitcoin and for the positive side significant businesses in various areas trying to implement Bitcoin with there core business processes because tech experts know digital currency is something extraordinary when compared to fiat paper currencies so doesn't matter what the world thinks now the future will definitely welcome Bitcoin with open hand
It happens because most of investors trying to move from Bitcoin and also from the crypto industry because they are afraid that Bitcoin will no longer exist in the future considering these price decreases and political pressure through Bitcoin ban, restrictions and regulations against the use of Bitcoin and also some are moving to alternative coins thinking that they can get better profits than investing in Bitcoin.
People who are afraid of cryptocurrency are just people who did not want to take risk but it was very obvious that bitcoins is really good for long term investment due to the demand in the market.
Well bitcoin didn't have this much attention before it made the run towards the end of 2017. So fuds aren't really taken with much weight. When many people got in, the market obviously grew but with a lot of weak hands. I think that's one other thing we can look at that causes this continuing decline.
To be honest, I do not understand what happened to bitcoin after such a take-off.
It took off so it has to land off as well.No particular and definite reason why we are still in the bearish market. But if you will analyze and compare things today and from last year, we're still at good hand. Today seems to be a good day and bitcoin isn't moving far from $6,700 if it will stay there for few more days I think we can expect something better.
It happens because most of investors trying to move from Bitcoin and also from the crypto industry because they are afraid that Bitcoin will no longer exist in the future considering these price decreases and political pressure through Bitcoin ban, restrictions and regulations against the use of Bitcoin and also some are moving to alternative coins thinking that they can get better profits than investing in Bitcoin.
People who are afraid of cryptocurrency are just people who did not want to take risk but it was very obvious that bitcoins is really good for long term investment due to the demand in the market.
There is no one exact reason for that this was happen due to many like political pressure to Bitcoin, lack of business adaptation in Bitcoin as a currency, Panic selling among new and inexperienced investors or traders, less trust about crypto market among investors and mainly due to the market manipulation was done by large scale investors who are trying to buy Bitcoin for less price by making holders deceive into thinking Bitcoin will crash. I might be wrong in some points but I think most of them played a significant role bearish of Bitcoin
maybe it could happen when there is good news that can trigger investors to buy bitcoin and buy other cryptocurrency if there is still no good news that could trigger a price increase then bearish will be difficult to happen.
I want know the exact reason for that
I don't know the main reason but I think its because the sellers are taking over the market. There is no buying power in it and that is the reason why Bitcoin remains bearish at this moment. This is just my opinion but I don't know any reason but I think BitMex is also affecting the price of bitcoin.
As any process in life there is a rise and fall. Everywhere their reasons. To be honest, I do not understand what happened to bitcoin after such a take-off.
It happens because most of investors trying to move from Bitcoin and also from the crypto industry because they are afraid that Bitcoin will no longer exist in the future considering these price decreases and political pressure through Bitcoin ban, restrictions and regulations against the use of Bitcoin and also some are moving to alternative coins thinking that they can get better profits than investing in Bitcoin.
We are the reason behind the price fall and rise,if more people selling their cryptos than the people buying it then it will be called bearing because the demand will slightly continues to fall and when people changes their mind the prices will starts to increase and there are lot of factors influencing the people to buy and sell their coins.
Yes you are right, the market price will always change depending on the supply and demand in the market and that is the reason why you should be always be patient towards the market.
We are the reason behind the price fall and rise,if more people selling their cryptos than the people buying it then it will be called bearing because the demand will slightly continues to fall and when people changes their mind the prices will starts to increase and there are lot of factors influencing the people to buy and sell their coins.
Crashing Bitcoin is temporary and it occurred due to public concern that if Bitcoin continues in the future it will led to a financial crisis in the world by destroying the current banking system and other essential financial or economical organizations so countries like United states of America and other major countries like India made huge impact on bitcoin and even went further to limit the user's in bitcoin locally so Bitcoin crashed
People who posses Bitcoin are leaving Bitcoin thinking Bitcoin will drop further and loose there money and that is happening not just for Bitcoin but for other currencies too and I think that is the main reason for the huge drop and false information play a big role in these situations too to decrease the prices and to get holder panic
There are many reason's when bearish trend of btc panic sell or no adoptions continues. Once more adoptions and demands obviously price could increase. Well hopefully there is good news happen that marker can enter into bullish trend.
market was likely manipulated by whales
The last dip in bitcoin price most likely was due to the activities of whales capitalizing on the postponement of the bitcoin ETF
In my own opinion, the reason why the market price is in a huge dip is due to a lot of people who are selling their coins because of negative news and bias medias who wants to decrease the cryptocurrency growth.
What do you expect; many investors are having a shaking and unstable mind towards their investments. And this is the fault of the government and the media. Even, investors are also to be blamed too when someone of them allowed the recent hype of ETF acceptance of bitcoin or so to control them. It's normal for the price of bitcoin to dump
The last dip in bitcoin price most likely was due to the activities of whales capitalizing on the postponement of the bitcoin ETF
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