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Topic: Why bitcoin price getting low? (Read 649 times)

newbie
Activity: 28
Merit: 0
May 18, 2018, 10:07:38 PM
#95
Crypto investors are seeing red this week. Bitcoin plunged to two-month lows on Thursday, dipping below $9,000 for the first time since November. At the time of writing, Bitcoin had bounced back up to the $9,200 level, down from weekly highs just above $12,000. This week has seen coins across the board in the red — a sign that investors are jumping ship to fiat currencies this time instead of swapping into altcoins as we’ve seen in the recent past.

https://imgur.com/a/1DaM3

Will go to 20000$
full member
Activity: 532
Merit: 148
May 18, 2018, 07:53:05 PM
#94
I think due to bitcoin price's unstable this is normal. Every seconds the price changes. Price bearish or bullish.  Bitcoin on future will become high or low. A lower price there's only a less new investors who searching to buy and trade the Cryptocurrency.
sr. member
Activity: 1372
Merit: 275
May 10, 2018, 01:51:43 AM
#93
Crypto investors are seeing red this week. Bitcoin plunged to two-month lows on Thursday, dipping below $9,000 for the first time since November. At the time of writing, Bitcoin had bounced back up to the $9,200 level, down from weekly highs just above $12,000. This week has seen coins across the board in the red — a sign that investors are jumping ship to fiat currencies this time instead of swapping into altcoins as we’ve seen in the recent past.

https://imgur.com/a/1DaM3
I think it is the nature of bitcoin currency or other crypto currency but we need to see bitcoin despite the price dropped dramatically but still the highest price
newbie
Activity: 280
Merit: 0
May 09, 2018, 09:23:27 PM
#92
In my own understanding why bitcoin price is getting low it's because of the resistance hampering it's growth. Aside from that, FUD and negative news also is a contributing factor the leads to the decline in price. People are holding still with their coins and less people were investing on bitcoins however, it could be best in buying during the bear market as the price is much lesser.
jr. member
Activity: 90
Merit: 5
May 09, 2018, 07:28:08 PM
#91
Three months have passed by since you posted this and we are in a better situation now. I think fro the rest of the year, we will see more of positive movement.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
May 09, 2018, 06:59:30 PM
#90
bitcoin price getting low price in the market cap it because of their high volatile movement do not worry and do not panic up and  down movement of the price of bitcoin are part as a currency because sometimes people need to sell their bitcoin investment because of the needs that's the one I reason I observe bitcoin getting low their price.
newbie
Activity: 70
Merit: 0
May 09, 2018, 06:34:42 PM
#89
maybe the amount of bitcoin volume in the market increases because many are selling so the price becomes low
hero member
Activity: 658
Merit: 500
May 09, 2018, 06:16:09 PM
#88
The lower bitcoin price is due to a wave of regulatory uncertainty over weeks and a ban on advertising by technology companies and the decline is also due to investors monitoring the warnings from some regulators and increasing crackdowns on the virtual currency market in China.
I think OP is not asking for the whole period of the previous few months but he is asking for the few days when the price of bitcoin started to increase and then it stopped and again started to decline. I think that drop is because of some misunderstanding and now again the investors started to invest in bitcoin and now again the price started to increase and will reach to a high price.
member
Activity: 299
Merit: 14
May 09, 2018, 06:13:34 PM
#87
We will see similar situations with bitcoin more than once. It will surprise us both because of growth and fall. This is a normal process. And experienced people simply silently on them earn.
member
Activity: 252
Merit: 10
pantang menyerah
May 09, 2018, 05:52:20 PM
#86
I will give a simple answer, bitcoin prices to be low because many investors who sell bitcoin, like the law of supply and demand, if the supply more then the price will be low and otherwise.
then why many investors are selling bitcoin, my answer is that currently bitcoin is being hit with bad news that makes investor interest is greatly reduced.
member
Activity: 434
Merit: 10
May 09, 2018, 05:45:05 PM
#85
The theme is old and I don't understand why in the top. Perhaps the moderators will soon pay attention to it and remove. But I will add that the market is breathing. There will always be growth and decline. This process is endless. Why at all create such identical themes?
newbie
Activity: 182
Merit: 0
May 09, 2018, 05:02:44 PM
#84

There is a chance that during the Consensus conference the bull rally will begin

Tom Lee of Fundstrat and some other analysts believe that the Consensus is the annual blockbuster summit in New York, where leading experts in the industry can lead to a sharp increase in the crypto-currency market. In 2017, during this summit and immediately after it, the cost of Bitcoin increased significantly. The conference will be held from May 14 to May 16, 2018.

Not the fact that history will repeat this year, but, in general, the event is large-scale and positive.
Arranged a set of orders to buy BTC from current prices and below.
full member
Activity: 602
Merit: 100
May 09, 2018, 05:01:50 PM
#83
Crypto investors are seeing red this week. Bitcoin plunged to two-month lows on Thursday, dipping below $9,000 for the first time since November. At the time of writing, Bitcoin had bounced back up to the $9,200 level, down from weekly highs just above $12,000. This week has seen coins across the board in the red — a sign that investors are jumping ship to fiat currencies this time instead of swapping into altcoins as we’ve seen in the recent past.

https://imgur.com/a/1DaM3
You need to remember once. The market is volatile! There is no growth without falling and Vice versa. It is not necessary to be so surprised every time why everything falls or grows. It is at least illogical.
newbie
Activity: 178
Merit: 0
May 09, 2018, 05:01:42 PM
#82
The frequent rise and fall in Bitcoin price is in accordance with the normal crypto trend. This shouldn't cause any fear or panic or anything of that sort. I still have the belief that we will get a record price for Bitcoin this year. Bull market is coming soon.
newbie
Activity: 52
Merit: 0
May 09, 2018, 04:51:10 PM
#81
Don’t give up hope. Buddy.
The bitcoin is currently adjusted.
Because it has been going up fast for weeks, it is a necessary process.
So if you hold onto the coin without panic, it will recover again.
member
Activity: 952
Merit: 41
May 09, 2018, 04:47:02 PM
#80
We should never expect a one way movement when it comes to the Price movement in bitcoin because since bitcoin is decentralized and volatility is also at play it will solely depends of the demands and supply of bitcoin to determine the Price movement of bitcoin, but at that the demands and supply of bitcoin is what control the Price and not any other hidden forces as always spread by fud who are always against bitcoin.
newbie
Activity: 182
Merit: 0
May 09, 2018, 04:42:29 PM
#79
the price of bitcoin is getting low it's even good! he then climbs to the top of the falls is not clear. but Santa is even good that he fell heavily because wakes a time when he really rise to the top and wakes to stand three times more than it was! so I will tell you so it does not mean anything if bitcoin there sank or as that very much fell! peak growth I think dynamics of already very soon.
hero member
Activity: 2110
Merit: 502
May 09, 2018, 04:35:41 PM
#78
Many are asking questions that Bitcoin prices are increasingly unstable even this tends to have been said the lowest price, whereas from the year before year that Bitcoin and everyone already feel the price is really the lowest of the current price ..
jr. member
Activity: 336
Merit: 1
May 09, 2018, 03:57:10 PM
#77
Few countries and banks stopped to buy or sell bitcoin from past months , so there was fear in the people that bitcoin price will go down and they sold it. Now things are getting stable and steadily increasing the bitcoin price from 6000$  to 9000$+ and hope it will reach 15000$+ as well because few countries which stopped is not started thinking to make it legally , hopefully we may expect soon and bitcoin price will up again in near future.
newbie
Activity: 140
Merit: 0
May 09, 2018, 02:53:42 PM
#76
Today they have grown back, not as low as you think, with Crypto market always fluctuating, the price of BTC at ups and downs will fly. When they fall down, people are seizing the opportunity to gather.
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