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Topic: Why BTC is under $8K? - page 10. (Read 1231 times)

full member
Activity: 826
Merit: 111
May 25, 2018, 12:55:53 PM
#14
No one know the true status of this downtrends. Some said FUD issues and some said due to panic of price decrease, people dont sell their bitcoins and new investors  are not ready to invest more in bitcoin. These are the reasons for the bitcoin price not to increase. It struggles between  $5K to $6K. It touches $6K but not cross or not increase more than that. Lets hold the bitcoin for long time to reach good price. We dont know when the market starts to recover till that we have to wait.
member
Activity: 350
Merit: 36
May 25, 2018, 12:01:02 PM
#13
normal volatility, as long as it's within 7-12 k, i view it as within usual volatility bounds, only when it goes down below or beyond then we have cause to worry or celebrate.
jr. member
Activity: 294
Merit: 1
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
May 25, 2018, 11:55:46 AM
#12
HODL! it will drop some more and when it does its time to buy. This bearish will be evident until the end of June and/or July after that the Market will start to recover as we approached the Holiday Season. Do not fear if you see read flags instead make it as an opportunity. Believed in BTC and you will be well profited.
member
Activity: 378
Merit: 10
May 25, 2018, 11:08:21 AM
#11
Now BTC is under $8K, do you have any opinions about this issue?
We think BTC will go uptrend to reach over $10K but it can be now.

The support bound of BTC is 7,2k $. I think very hard to damage this bound, In June, the price of BTC will softly increase and can reach 12k in the end of this month. Cryto is very difference with stock, the analysic is only for reference.
full member
Activity: 1190
Merit: 111
May 25, 2018, 10:55:20 AM
#10
that what i heard either, that "some whale" release their bitcoin in huge amount. but i dont know if it is true or just some issue

this maybe true, but there are some reasons in addition for this.
i hope someone can share the exact reason why we are dumping again.
if there are link kindly share it to. and please dont shorten it.
newbie
Activity: 266
Merit: 0
May 25, 2018, 10:31:12 AM
#9
that what i heard either, that "some whale" release their bitcoin in huge amount. but i dont know if it is true or just some issue
member
Activity: 265
Merit: 11
May 25, 2018, 10:25:44 AM
#8
Usually this happens quite often. The holders usually set a limit, when they will sell high amounts of BTC - and this wall seems to be around $10K. I dont think there was any other great reasons, maybe a bit of a bad press, but thats it. Nowdays there are few headlines with Bitcoin, so I believe its just some individuals selling their coins, with enough profit for them.
member
Activity: 183
Merit: 11
May 25, 2018, 09:22:55 AM
#7
Now BTC is under $8K, do you have any opinions about this issue?
We think BTC will go uptrend to reach over $10K but it can be now.
The current trend is really disappointed to everyone and no one is clearly identify the exact issues because some peoples are said FUD issue and some peoples are said big whales are selling continuously but no one is find the true status. But many experts are said it will going to peak in this year so holding is the right option in current situation.
  To find out what the cause of the problem terjadis now is very difficult because the people setap have different opinions we were in a confused want to believe which one and right with your opinion that holding is the right choice lest we in the panic and then remove the asset that exist only because of this sepeeti condition.
full member
Activity: 1004
Merit: 111
May 25, 2018, 09:06:00 AM
#6
I heard some big holders has released their BTC in big amount, this is causing the supply increase while demand is still remain. As economic rule, increasing supply while demands is still less then the price should be decreased.

this is one of the biggest reason why the price fall.
but as we can see in the future, i think this is the last dump of the price and we will have more than 10K USD in just a couple of weeks.
just be patient.
member
Activity: 448
Merit: 10
May 25, 2018, 09:05:28 AM
#5
Bitcoin is under 8000 dollars for quite a some time market is consolidating in the form of profits and again gaining new price momentum for price pump we can expect previous all-time high by aug
member
Activity: 223
Merit: 11
May 25, 2018, 08:48:10 AM
#4
Price manipulation will be the biggest harm to cryptographic tokens, expecting a more regulated market
sr. member
Activity: 1092
Merit: 257
LuckyB.it is Back!
May 25, 2018, 07:56:11 AM
#3
Now BTC is under $8K, do you have any opinions about this issue?
We think BTC will go uptrend to reach over $10K but it can be now.
The current trend is really disappointed to everyone and no one is clearly identify the exact issues because some peoples are said FUD issue and some peoples are said big whales are selling continuously but no one is find the true status. But many experts are said it will going to peak in this year so holding is the right option in current situation.
jr. member
Activity: 128
Merit: 1
May 25, 2018, 05:38:02 AM
#2
I heard some big holders has released their BTC in big amount, this is causing the supply increase while demand is still remain. As economic rule, increasing supply while demands is still less then the price should be decreased.
newbie
Activity: 238
Merit: 0
May 25, 2018, 04:37:15 AM
#1
Now BTC is under $8K, do you have any opinions about this issue?
We think BTC will go uptrend to reach over $10K but it can be now.
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