Topic: Why Bitcoin cointinue its down trend for a long long time this time ? - page 4. (Read 897 times)
July 28, 2018, 04:53:24 AM
because many people using that and for sure bitcoin price will rise down and people using that will have a small price income. maybe for the future will bitcoin continue to participate for people.
July 28, 2018, 04:36:38 AM
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?
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?
The reason why the price of cryptocurrencies drop a few months ago is because the government is now taking actions and trying to penetrate the crypto industry. They can't beat it so they decided to join it. We now have a brighter future ahead of us because many companies appreciate the importance and benefits of blockchain.
As for the investors who are traveling around the world, let them do what they wanted to do with their money. It is theirs and not ours so why bother?! Also, I think even though they are travelling, they are still investing in crypto because you can access it anytime and anywhere as long as you have internet connection and a device to log in your account.
July 28, 2018, 04:21:28 AM
Maybe it is preparing for something surprising in the future 
just wait
just wait July 28, 2018, 04:08:22 AM
But also after the value of each bitcoin has fallen by nearly $ 12,000 per coin (a record reduction so far). During the past 12 months, Bitcoin has experienced 3 deep cuts. As seen in the one day chart of the BTC, all three correction sessions rebounded above the $ 6,600 support level. After dropping from $ 20,000 to $ 6,000, Bitcoin rebounded to $ 12,000 after receiving $ 6,600 support.
July 27, 2018, 07:11:15 PM
I'm wondering how long your time frame is because this is actually extremely typical market behavior for the middle of the year. Are you just taking the outlier year yesterday as the new market standard? That simply isn't true because most of the time Bitcoin stays flat for many months on end trading within a channel.
July 27, 2018, 07:09:56 PM
last year winner for who have sold btc in december to january 2017 is coming back and make new investment for bitcoin, my predict next august before 10th the price is more than 10k $
For those who buy when bitcoin is more than 10k$ do you think they loss a lot? Hoping your prediction would come true and also alts will go up too.
We all see that bitcoin is rising now but still reds for most altcoins hoping all cryptos to have a bull run not just a fake pump.....
July 27, 2018, 07:08:53 PM
BTC will never reach the exponential growth as it experienced last couple of years. But now the price is in the rise after the declaration of US involvement. Still market is stragling a bit due to insufficient data and stuff...
July 27, 2018, 06:11:52 PM
we all expect the bitcoin to be more stable so as not to disrupt the waves. if bitcoin can be stable with a certain range then it is easier for bitcoin to be the world currency.
July 25, 2018, 02:48:29 AM
there is no eternal growth, and there is no eternal fall! in 2018 bitcoin showed very rapid and rapid growth! after such growth bitcoin went into a big correction! I think that soon everything will change and bitcoin will again beat world price records!
July 24, 2018, 02:40:45 PM
From my point of view, bitcoin price is still following the market, I mean if I looking for the chart, there is no manipulating on it's price.
I have posted that if bitcoin can break $7.8k, this will be up trend for bitcoin. So if you have altcoins right now, this will be red day for them.
I have posted that if bitcoin can break $7.8k, this will be up trend for bitcoin. So if you have altcoins right now, this will be red day for them.
July 24, 2018, 02:30:04 PM
Where exactly do you see the downtrend? As i can see from the graph, bitcoin broke the downtrend line some time ago, and are now in uptrend. Infact, now that i'm talking, it is breaking the 8000$ barrier. And try to imagine what will happen when ETF will be approved!
Yeah, I know but I mean there was a long downtrend till now right? I think BTC will stay at 8K for sometimes. then there could be a chance for Altcoins to show their colors again after a long time.
July 24, 2018, 02:25:48 PM
I don't know if you actually looked at the prices it's almost a 1500$ rise in the market that to in few days time, earlier it was the fud that had caused the prices to stop but now there is nothing that can stop the bulls from creating havoc and they're already doing it very happy to see this happening. Soon all those who existed are going to be coming back inside and the prices will boom.
Hopefully looking forward to next bull run. I saw one Crypto expert has said, that BTC will hover around 8,000 USD and then Altcoin will start to rise rapidly. I like if it happens so. Lets see,
July 24, 2018, 02:24:00 PM
It seems very difficult to read the current situation, maybe because in some big countries are still discussing the rules around crypto. Thus, many large investors tend to wait for decisions from these countries
Yes, That is very difficult to determine the real factor why bitcoin price went down throughout the last months. Reasons what you pointed out have an impact I guess.
July 24, 2018, 09:52:09 AM
Why Wallstreet doing this price manipulation in the cryptomarket as you think?
To make them richer and you poorer, as they always did.That's the advantage to those big investors of bitcoin as they can manipulate the crypto market if they wanted to.
July 24, 2018, 09:46:08 AM
We already know, not like previous years, This year bitcoin price didn't follow its normal market cycle.
there has never been such a "normal market cycle" that you have in mind. a normal market cycle was a slow rise then a big one ending with a bubble followed by a big drop correcting that bubble and then the same thing be repeated.there is no timeframe for it and there is no certain months of year to rise or fall for it either.
Quote
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?
first of all bitcoin price is rising, in fact it has been rising for about a month now so your title is wrong and also the downtrend that we had was an appropriate length. it lasted about 6 months and the size was more than 70%.
secondly the altcoins are getting dumped like always so the "normal market cycle" is still intact and as before.
July 24, 2018, 09:36:24 AM
Who get profits in last uptrend of December 2017 they not sold their all bitcoin because they know the value of bitcoin possible scenario is they convert their bitcoin into USD in uptrend and waiting for downtrend than they again purchase multiple bitcoins.bitcoin price is depend on Demand and supply because in last down trend peoples are spreading fake news so new investors not taking interest to buy bitcoins so may be the reason for down trend.
July 24, 2018, 02:29:52 AM
Where exactly do you see the downtrend? As i can see from the graph, bitcoin broke the downtrend line some time ago, and are now in uptrend. Infact, now that i'm talking, it is breaking the 8000$ barrier. And try to imagine what will happen when ETF will be approved!
July 24, 2018, 02:24:23 AM
I don't know if you actually looked at the prices it's almost a 1500$ rise in the market that to in few days time, earlier it was the fud that had caused the prices to stop but now there is nothing that can stop the bulls from creating havoc and they're already doing it very happy to see this happening. Soon all those who existed are going to be coming back inside and the prices will boom.
July 24, 2018, 02:23:12 AM
It seems very difficult to read the current situation, maybe because in some big countries are still discussing the rules around crypto. Thus, many large investors tend to wait for decisions from these countries
July 24, 2018, 02:13:32 AM
Appear more bad informations of Bitcoin, govement's policy are not allowed on multiple countries and some anonymous persons hack on large transaction exchanges to make us discount value and not stable .
But meantime we got some good positive news from countries towards bitcoin as well. Hope everything will be fine sooner. We already can see bitcoin price is going up.
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