On the market, today i see the BTC price is under $7K? I do not why, do you have any ideas for this? Do you think the price will increase again or it will continue to go down? I hope on this month the will go uptrend for a long time and will reach over $10K. Thank you for your opinion.
This is the main problem of most people, they hope things are going to somehow get better, but they do not really give an explanation of why they believe this to be the case and if you do not see any logical reason why the price could go up in value then the chances are that it wont, this is why I see the market moving in this way for a very long time and we cannot do anything to change that. 
Topic: Why BTC is under $7K? (Read 587 times)
many factors that affect the current bitcoin price are among the big players who are trying to monopolize the market so they can get bitcoins at cheap prices.
On the market, today i see the BTC price is under $7K? I do not why, do you have any ideas for this? Do you think the price will increase again or it will continue to go down? I hope on this month the will go uptrend for a long time and will reach over $10K. Thank you for your opinion.
My question today was: why btc is still under $7K?
One years ago it was around $2K ! We have seen a big rally and some news are not good for an higher price.
Also $10K is an enormous value for the btc, since it was traded for the 90% of the time under $1K!
bitcoin prices are currently down again around $ 5-6k price should you take advantage of moments like this to buy as much as you can.
The BTC price is falling and now sitting at 5900k $. The lowest price in 2018 and i think BTC need more time to recover, may be next year is the time of BTC. Not only BTC but also all token in crypto was falled and in the worst condition, please patient, i think it will come back.
the current bitcoin price is falling again and when bitcoin prices rise again to $ 10k it seems to need good news that could trigger a bitcoin price increase, without good news then it seems to be very difficult.
I think an overlooked situation is a Mt. Gox trustee is positioning to liquidate 8,200 Bitcoins to pay off previous investors from the 2014 hack that bankrupted the world’s largest Bitcoin exchange at the time.
While seeing such a large amount of BTC moving has alarmed crypto investors, besides having a physiological effect, this move should not have any major impact on the value of Bitcoin in the long-term.
While seeing such a large amount of BTC moving has alarmed crypto investors, besides having a physiological effect, this move should not have any major impact on the value of Bitcoin in the long-term.
Nobody knows exactly the right answer for it it’s complicated
not no one knows, but you are lazy to find out what's going on with the market today, man. everyone knows, that what happens nowadays is because the whales continue to press and wait for bitcoin prices to fall further. they do it in order to buy bitcoin with a very large scale. now call it a day thinking about things that smell negative, because the end of the year prices will rebound high again.
There is no FUD, no bad news, no manipulation. The real thing is: no big investeres are going to buy. Because no one believe in bitcoin. What is bitcoin? It is not a currency (real adoptiong is decrising. Who use it right now? Private speculators, drugdillers and cryptogeeks), not an investment tool (too volatie). Big investors is going out. I'm sory to say that, but we are in the lack of trust. The whales will now use only futures of CBOE or other Wallstreet instruments. So, we will go right down.
Many issues aee happening now that causes price falling down. Hacking issues that price drops, panic selling users, also no good news lately. Uncertainty price for bitcoin when to increase again no one knows. So wait again when it will increase.
Yes, any negative news will surely put a lot of doubts in the market that's why panic sell happens resulting in the price going down. Right now its just above $6K and yesterday is went below I think. So its going to be a long year for everyone here. But I still clinging to the fact that in 2017 bitcoin is less than $1K and we are in $6K right now so its still one of the best investment as far as I know. No need to panic here because bitcoin has proven that it can bounce back anytime and can go even further.
Many issues aee happening now that causes price falling down. Hacking issues that price drops, panic selling users, also no good news lately. Uncertainty price for bitcoin when to increase again no one knows. So wait again when it will increase.
Anything can cause the price dump, lately, i guess it's cause a lot of investors are losing hope and dumping their cryptocurrencies because of the price of botcoin going down it inexpected price dump. Or it could even be the wrong misleaded information in the media. Because are one of the top influencer of price of bitcoin as a result of unverified news.
Bitcoin has been in the downtrend for a long time. Although today he jumped over the $ 6k border. I think investors have responded to negative news from exchanges.
The following factors could be the reason that bitcoin is under $ 7k and and fell further down: hack Exchange Coinrail, hack Exchange Bithumb and Japanese restrictions and Bitflyer stopped registering new accounts.
I would like it to be the bottom from which the bitcoin will bounce and it will finally be uptrend.
The following factors could be the reason that bitcoin is under $ 7k and and fell further down: hack Exchange Coinrail, hack Exchange Bithumb and Japanese restrictions and Bitflyer stopped registering new accounts.
I would like it to be the bottom from which the bitcoin will bounce and it will finally be uptrend.
The other reason why bitcoin price until now is under 7k dollars is because of the panic seller because they did not believe bitcoin will recover again. And the other investor still waitung for the sign again to increase the price even a little and I think they buy more again and the price will pump again and we will earn more money again 10k dollars possible for this month.
No doubt that there is high selling pressure in the market which is also influencing the bitcoin price to decrease, actually in such situation people stop taking interest to invest their money and therefore the they even divert their investment from bitcoin to some other crypto currencies, i hope that very soon the bearish trend will over and people will once again start taking interest in bitcoin.
Why? Because bitcoin is currently in a bear market, it's as simple as that.
There is constant bearish sentiment across the market. Prices has not really seen any momentum upwards as most of the time it's just in a freefall. The bear market will only come to an end after it finds a bottom and starts its recovery, which I don't think is happening at the moment. There has simply not been enough time for consolidation to consider the bear market over by any means, which is why i think there is a high likelihood that prices are going further down.
Plus, another reason is that $10k resistance was demonstrated to be too strong to breach atm for BTC.
There is constant bearish sentiment across the market. Prices has not really seen any momentum upwards as most of the time it's just in a freefall. The bear market will only come to an end after it finds a bottom and starts its recovery, which I don't think is happening at the moment. There has simply not been enough time for consolidation to consider the bear market over by any means, which is why i think there is a high likelihood that prices are going further down.
Plus, another reason is that $10k resistance was demonstrated to be too strong to breach atm for BTC.
This is not first time when under 7 k.
of course, now is $ 7000 for the umpteenth time, precisely now the price has dropped below $ 6000. we are experiencing a long bearish trend and quite tiring. but, I think ahead of July and August there will be a re-sale price to get more value at the end of the year. a little more patience, this is just an ending yearly correction in the coming months.
"BITCOIN prices tumbled today as the US Justice Department opens a criminal probe on price manipulation. The cryptocurrency could plummet below $7,000 as pressure to introduce regulation builds."
Here you can find the reason why bitcoin price drop today(Link) : https://www.express.co.uk/finance/city/964720/bitcoin-price-news-why-is-BT-falling-today.
US opens a department to monitor those people who manipulate prices of cryptocurrencies that's why prices of all currrencies down. People who invest huge amount in altcoins and bitcoin sell their coins and finally price of these coins drop.
Here you can find the reason why bitcoin price drop today(Link) : https://www.express.co.uk/finance/city/964720/bitcoin-price-news-why-is-BT-falling-today.
US opens a department to monitor those people who manipulate prices of cryptocurrencies that's why prices of all currrencies down. People who invest huge amount in altcoins and bitcoin sell their coins and finally price of these coins drop.
On the market, today i see the BTC price is under $7K? I do not why, do you have any ideas for this? Do you think the price will increase again or it will continue to go down? I hope on this month the will go uptrend for a long time and will reach over $10K. Thank you for your opinion.
Dear friend,
In my opinion, if in next month the BTC price will not go up, we should not expect more it in this year. Maybe I will wait the next year to consider before make next investment. Although this condition, I still hope the market will come back soon.
Thank you!
On the market, today i see the BTC price is under $7K? I do not why, do you have any ideas for this? Do you think the price will increase again or it will continue to go down? I hope on this month the will go uptrend for a long time and will reach over $10K. Thank you for your opinion.
The price of cryptocurrency is depending on supply and demand so obviously the market price will just keep on decreasing if most of the people will be preferring to sell their coins and the volume in the market will be keep on increasing which will lead for the market price to depreciate.
On the market, today i see the BTC price is under $7K? I do not why, do you have any ideas for this? Do you think the price will increase again or it will continue to go down? I hope on this month the will go uptrend for a long time and will reach over $10K. Thank you for your opinion.
The volatility of the whole crypto market is not that great.
Rising Wolf wrote "if bitcoin drops below 100B market cap, the futures have to close, as can not do markets below 100B and the price is $5850". I guess if we will crash below that level, we can see prices way lower for some period of time.
Also, Bithumb hack is not that pleasant factor for crypto raise..
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