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Topic: Why bitcoin fall? - page 5. (Read 800 times)

full member
Activity: 602
Merit: 107
September 06, 2018, 10:05:24 AM
#8
Hello, bitcointalk forum members!

I'm interested in one important question, why today bitcoin has fallen in price by $ 900 since yesterday. The whole market also fell significantly ... What influenced it?

Bitcoin price drop might have been caused due to DigixDAO (DGD) selling over 35,000 ETH which caused cascade selling effect.
newbie
Activity: 14
Merit: 0
September 06, 2018, 10:02:07 AM
#7
maybe this is happen because news about Argentina, or maybe another bad news about blocking or banning crypto on some country.
full member
Activity: 448
Merit: 102
September 06, 2018, 09:59:41 AM
#6
1. This is normal, because bitcoin volatility is free. bitcoin is not the same as fiat currency, or other stable currencies.
2. little demand and higher sales, the stock of bitcoin cannot control volatility.
3. Many people sell bitcoin quickly, they are impatient. so bitcoin volatility is short.
newbie
Activity: 140
Merit: 0
September 06, 2018, 09:52:53 AM
#5
I will try to suggest you read this news and then that will give you a lot of clues about the factors that have made the price of bitcoin has dropped so much from 7k rate
https://cointelegraph.com/news/abra-ceo-sec-denies-bitcoin-etfs-because-applicants-do-not-fit-industry-archetype
first and second ETF has been rejected by SEC and that's the real reason why bitcoin gets down a lot.

What information do I have to know is that until the 30th of September there is a final SEC judgment on the ETF? Can you provide more information on this for me? I was really puzzled when I saw this unstable market
sr. member
Activity: 1932
Merit: 300
Vave.com - Crypto Casino
September 06, 2018, 09:43:41 AM
#4
Because it rose. The price is still above $6500 which is more than average of last six months. We are gradually moving towards a stabler rise in the price of bitcoin. Though in the same period, most of the altcoins had a poorer performance.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
September 06, 2018, 09:40:26 AM
#3
Hello, bitcointalk forum members!

I'm interested in one important question, why today bitcoin has fallen in price by $ 900 since yesterday. The whole market also fell significantly ... What influenced it?
I will try to suggest you read this news and then that will give you a lot of clues about the factors that have made the price of bitcoin has dropped so much from 7k rate
https://cointelegraph.com/news/abra-ceo-sec-denies-bitcoin-etfs-because-applicants-do-not-fit-industry-archetype
first and second ETF has been rejected by SEC and that's the real reason why bitcoin gets down a lot.
member
Activity: 182
Merit: 13
September 06, 2018, 09:38:22 AM
#2
if you're looking for news, I don't have any


but from a TA perspective there's been so many signals that even a blind person could see them

bearish divergence on the RSI
breakdown of a rising wedge
13 count TD sequential sell signal
hitting a resistance zone
hitting the fib golden pocket from the last peak
and a couple more I can't remember now
full member
Activity: 532
Merit: 100
September 06, 2018, 09:36:16 AM
#1
Hello, bitcointalk forum members!

I'm interested in one important question, why today bitcoin has fallen in price by $ 900 since yesterday. The whole market also fell significantly ... What influenced it?
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