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Topic: Why Bitcoin cointinue its down trend for a long long time this time ? - page 2. (Read 897 times)

newbie
Activity: 112
Merit: 0
It is very hard to point out one reason behind BTC's dip. But, I think, manipulation of the sharks, People who made a profit at the end of last year coming back again to reinvest twice the amount has made the market unstable. Although, recent events are proving to be beneficial for BTC's demand which may see cause another bull run very soon.
newbie
Activity: 31
Merit: 0
Bitcoins appear relatively early in comparison with other Altcoins. This also does not destabilize the BTC. In my view, the big impact on Bitcoin is primarily on the volatility of the electronics market, the shift in cryptography, the evolution of electronic technology. Bitcoin's future is still within the reach of many, but it is not dead.
full member
Activity: 330
Merit: 101
Hi I'm KS03
I think we were part of one giant pump and dump.  By who I'm not sure.  The market is up significantly from where the pump began.  Maybe this is the big boys attempting to enter for cheap? 
newbie
Activity: 70
Merit: 0
Although BTC has seen a dip, but there might be some very insightful reasons behind this. In my opinion, manipulation of previous investors who made a profit last year coming back again to reinvest has made the market unstable, and dipping as a whole. Although, again the market is constantly changing and very recent events, show a rise up to $8000 for BTC and portray it's potential to gain back and create a bull run real soon.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
Did you just posted this without even comparing the price of last year and now with the same date? You should take a look at it and compare and you will see that what you  are saying here is not just right.
They are like that, they are very problematic about the price of bitcoin and will say that bitcoin is on down trend up until today. But if you will ask them if they have seen the last year's chart, they will not answer you. That's how they are reacting to the price of bitcoin or they have an agenda to spread some FUD with their opinion or they are just really impatient.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
We already know, not like previous years, This year bitcoin price didn't follow its normal market cycle. Crypto market is still not looking. What really happened to the crypto market this time?  Fiat money doesn't come to the Crypto market as expected? Why it happens so? what are the real reasons behind this situation?
At last time market pump, some people made good profits. We can see they enjoying their profit by traveling around the world and all. I think when they are done with their money They will come back to Crypto seeking profit again? So As you think, Is their arrival is a must for Bitcoin price goes up again?

I think from this year, everything changes. bitcoin makes different moves than the past and so do with the other coins. I think the reason for this is because there are many coins and tokens that launch in the market and there are many new people is join in the cryptocurrency. and because of this, we can see that the cryptocurrency is moved to the new level and from the next year, the situations will be different than this year and I think in the next year, the cryptocurrency will trying to reach the highest price for each coin.
newbie
Activity: 18
Merit: 1
I don't think anybody knows exactly what's behind the curtain, but many suspect Wall Street price manipulation after introduction of Bitcoin futures markets. Presumably, while they were wrecking the price on exchanges, they were buying on OTC markets.

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So As you think, Is their arrival is a must for Bitcoin price goes up again?
Even if not them, others would come. Despite Bitcoin being on the media front and center for quite some time, most people are still not familiar with cryptocurrencies.

Why Wallstreet doing this price manipulation in the cryptomarket as you think? what is their purpose to do so? I have a different idea?

It's for the same reason that they do it to gold. They want to discourage people from trying to hide their money away and protecting themselves against inflation. They want people to use fiat indiscriminately, without fear or doubt that their money is using value. However, many people are fed up with seeing their money become useless over time, so they turn to bitcoin, gold, etc.

I've noticed a bit more suppressed price action on the charts lately, like it seems that some levels are being defended. It's common for central banks to do this with their currencies as well. The Swiss national bank has been manipulating it's currency for years, defending it from the 0.95 level, because people tend to buy it as a hedge. So they devalue it in order to protect their economy.
newbie
Activity: 84
Merit: 0
Did you just posted this without even comparing the price of last year and now with the same date? You should take a look at it and compare and you will see that what you  are saying here is not just right.
newbie
Activity: 70
Merit: 0
I think it is following the normal cycle. As we see that the price is now starting to increase again. Started by midyear and will continue to increasing until the end of the year just like what happened in the past years.
newbie
Activity: 64
Merit: 0
The reason behind it is still not evident. But the majority are speculating that it is not. They are mainly saying that  it is the price manipulation that has caused this to happen.
newbie
Activity: 68
Merit: 0
No body knows the particular reason for this. One of the most popular theory is that of the price manipulation done by the Wall Street, since it is just a theory and not concrete proof, it is better to not dwell on it much.
member
Activity: 239
Merit: 10
We already know, not like previous years, This year bitcoin price didn't follow its normal market cycle. Crypto market is still not looking. What really happened to the crypto market this time?  Fiat money doesn't come to the Crypto market as expected? Why it happens so? what are the real reasons behind this situation?
At last time market pump, some people made good profits. We can see they enjoying their profit by traveling around the world and all. I think when they are done with their money They will come back to Crypto seeking profit again? So As you think, Is their arrival is a must for Bitcoin price goes up again?
It was really long way down, we can say that it lasts more than 2 months. But hopefully we will get off from it, and completely recovering all the prices, which I don't see by the way right now on my wallets.
newbie
Activity: 63
Merit: 0
I think manipulation by whales is what causing this downtrend. They want to cause fear, unceratainty to common investor so we will sell at a lost then they will buy when they think that it is cheap enough for them to buy.
newbie
Activity: 41
Merit: 0
We cannot predict the actual work frame of BTC market. Crypto-space is very volatile as you know. But In case of BTC I will say, it is in very usual state. THis is just middle of the year and BTC price has started to rise. By the end of the year it will rise higher even outreaching last years record as I think. Down is for getting higher as you know it does have many ups and downs.
hero member
Activity: 3080
Merit: 603
I won't be tired of saying this that every time when someone says, there's no fiat coming in, what happened to the crypto market this time and questions on what's the current situation of the market.

Guys, would you please take a look the price of bitcoin at the same date this and last year and compare it. After comparing, assess on what's really happening in the market.
newbie
Activity: 30
Merit: 0
Maybe because of what happened recently with bitcoin which the price of it drops down. But today bitcoin is recovering and the price now is at 8,000 USD.
newbie
Activity: 184
Merit: 0
We already know, not like previous years, This year bitcoin price didn't follow its normal market cycle. Crypto market is still not looking. What really happened to the crypto market this time?  Fiat money doesn't come to the Crypto market as expected? Why it happens so? what are the real reasons behind this situation?
At last time market pump, some people made good profits. We can see they enjoying their profit by traveling around the world and all. I think when they are done with their money They will come back to Crypto seeking profit again? So As you think, Is their arrival is a must for Bitcoin price goes up again?

This fierce market is so casual. When everyone expects prices to go up, prices will continue to go down. When everyone is depressed, then the market will be pumped back. This decline is a bit different from the previous ones due to the sharp increase in the end of 2017 but I am confident that it will recover.
full member
Activity: 406
Merit: 100
To be very honest, this is being seen every year and the same trend doesnt continue always as there is a market correction always after a peak price.We all should have patience and hold the same either for short term or long term and book the profits.But still i suggest look the markets from the longer point of view.Smaller vision is always manipulating what is being projected now and i m not falling to this trap of downtrend.Especially retail traders get sacred of such situations which shudnt happen in the long term.
newbie
Activity: 156
Merit: 0
Bitcoins continue its down trend for the last long time because the bearish trend  to pull the market down to pick the bitcoin to still lower price.Usually in the market there will be bull and the bearish groups are there actively participating . if there is more sellers in the market than buyers the market will be under the influence of the bearish trend and some other reasons if the buyers are more market will be under the influence of the bullish trend.
jr. member
Activity: 119
Merit: 1
We already know, not like previous years, This year bitcoin price didn't follow its normal market cycle. Crypto market is still not looking. What really happened to the crypto market this time?  Fiat money doesn't come to the Crypto market as expected? Why it happens so? what are the real reasons behind this situation?
At last time market pump, some people made good profits. We can see they enjoying their profit by traveling around the world and all. I think when they are done with their money They will come back to Crypto seeking profit again? So As you think, Is their arrival is a must for Bitcoin price goes up again?
Btc prices will never goes up again,sad but true   Cry.
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