This seems to be due to the influence of the prohibition on the use of bitcoin in several countries, which makes the condition of bitcoin prices fall and the price of bitcoin becomes very cheap as it is today. I hope the price of Bitcoin will be able to recover prices.
The ban has been around for quite some time since the bitcoin fever of 2017. The bitcoin price should have rebounded if it had been affected by the ban, but it hasn't come yet, so this is probably not the case. 
Topic: Why BTC is under $8K? - page 2. (Read 1229 times)
Market is red, prices falling down, bitcoin too, I don't think prices could rise seriously while such as situation are happening
Its hard to know the specific reason why the price is dump, and no one is accurate in giving their personal speculation. The market seems having a hard time to rise again, maybe next yeat will be the next pumping trend of cryptomarket.In this case, people and most especially the whales have cashed out, some panicky weak hands have sold at loss, and probably, which we are not sure yet, the market has been able to find a bottom, but that is something we will wait for time and trend to actually decide.
I agree with you mate, it take more time to create a good verification when it will hit the satisfaction peak. And maybe by the end of this year bitcoin can hit the bottom and consistently grow immensely.
This seems to be due to the influence of the prohibition on the use of bitcoin in several countries, which makes the condition of bitcoin prices fall and the price of bitcoin becomes very cheap as it is today. I hope the price of Bitcoin will be able to recover prices.
Market is red, prices falling down, bitcoin too, I don't think prices could rise seriously while such as situation are happening
Its hard to know the specific reason why the price is dump, and no one is accurate in giving their personal speculation. The market seems having a hard time to rise again, maybe next yeat will be the next pumping trend of cryptomarket.In this case, people and most especially the whales have cashed out, some panicky weak hands have sold at loss, and probably, which we are not sure yet, the market has been able to find a bottom, but that is something we will wait for time and trend to actually decide.
Bitcoin prices will always be affected and that cannot be avoided because the price of Bitcoin changes following demand from the market. when more people need Bitcoin then the price will increase and when fewer people need Bitcoin the price will decrease. This is normal and for all conventional currencies in the world, this also happens. So increase the use of Bitcoin and we will be able to see Bitcoin prices increase !!
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.
Bitcoin is under $8000 because of the movements it makes last year and investors are dumping it because of the price they purchase last three to four years. Some investors are seeing the current bearish market as taking profits especially those that buy bitcoin when it was below $1000.We think BTC will go uptrend to reach over $10K but it can be now.
The problem here is that people's mindset are so focused on getting rich in the short possible time, and they really do not tend to understand the value that btc brings to be able to come to terms with the fact that this space is still young, there is room for more growth in the future, and it will only take patience to be a part of it. That has been what a lot of people who have been a part of this space in the past, was able to deal with.
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.
Bitcoin is under $8000 because of the movements it makes last year and investors are dumping it because of the price they purchase last three to four years. Some investors are seeing the current bearish market as taking profits especially those that buy bitcoin when it was below $1000.We think BTC will go uptrend to reach over $10K but it can be now.
Maybe you are right, and I think this is one of the causes. But not only that, the bitcoin futures contract carried out by two world-class exchanges, namely the CME and CBOE Futures Exchange also became one of the causes of falling prices.
Bitcon futures contracts, in fact have made bitcoin vulnerable to manipulation. The reason is that not a few investors who are involved in the auction have relatively low liquidity. And as a result, every investor has the potential to manipulate prices by how to sell or buy large amounts of bitcoin during the auction. In the end, has caused the price of bitcoin to fall and they abandoned futures contracts with big profits.
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.
Bitcoin is under $8000 because of the movements it makes last year and investors are dumping it because of the price they purchase last three to four years. Some investors are seeing the current bearish market as taking profits especially those that buy bitcoin when it was below $1000.We think BTC will go uptrend to reach over $10K but it can be now.
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.
Bitcoin is under $8000 because of the movements it makes last year and investors are dumping it because of the price they purchase last three to four years. Some investors are seeing the current bearish market as taking profits especially those that buy bitcoin when it was below $1000. We think BTC will go uptrend to reach over $10K but it can be now.
I heard some big holders has released their BTC in big amount, this is causing the supply increase while demand is still remain. As economic rule, increasing supply while demands is still less then the price should be decreased.
Im not sure anyone released a large amount of BTC especially, its about the circulation between buyers and sellers at an agreed price. On a longer term basis of over a few years, I still consider this a very high price and I dont mind it going sideways as thats actually a positive for stability
I dont really agree with this idea of holding being why a price should be higher or vice versa the price falls when people dont hold. Really to me the price is a result of usage and inadvertant holding by those people who use the coin regularly. If the numbers of users are large enough that holding is distributed. The whole focus of whales and all that I dont appreciate especially as its little bits in bitcoin that really drive its heart and soul imo not this larger money that came along
That is bitcoin and that's how its market value goes. With its volatile nature of its market price, i already expected its price to go down below 8,000$ the moment it went below 10,000$ again sometimes in February.
Market is red, prices falling down, bitcoin too, I don't think prices could rise seriously while such as situation are happening
Its hard to know the specific reason why the price is dump, and no one is accurate in giving their personal speculation. The market seems having a hard time to rise again, maybe next yeat will be the next pumping trend of cryptomarket.
The reason why the price of the bitcoin is under 8k dollars because of there is a lot of panic seller and now price is 6k dollars. And we really don't know what happening next because they have possibility price decrease more but we hope the price up again so everyone will get benefits from bitcoin.
Market is red, prices falling down, bitcoin too, I don't think prices could rise seriously while such as situation are happening
I think bitcoin is still under 8k$ because now are not so much people who buy big amounts of bitcoin, and even there are not so much money on market now. But i think we will bypass 8k$ this year and maybe bitcoin will reach over 10k$ until the end of year.
Although now and rollback, but there is every chance that the price of bitcoin will drop even lower, to 3000. But with 3000 will be growth. Still a lot of those who have fresh memories of the fall in prices and who bought at 16,000. But the global trend is still up, so growth is inevitable! Price in the ascending channel!
3000 USD bitcoin price ? I don't think so this can ever happen now. Even though people are not buying bitcoin in bulk but at the same time they are not selling it under 6000$. We can Say that 6000$ is the minimum price of bitcoin and its hard to move below this point.
Although now and rollback, but there is every chance that the price of bitcoin will drop even lower, to 3000. But with 3000 will be growth. Still a lot of those who have fresh memories of the fall in prices and who bought at 16,000. But the global trend is still up, so growth is inevitable! Price in the ascending channel!
3000 USD bitcoin price ? I don't think so this can ever happen now. Even though people are not buying bitcoin in bulk but at the same time they are not selling it under 6000$. We can Say that 6000$ is the minimum price of bitcoin and its hard to move below this point.
Bitcoin is at $ 6,324 and under $ 8,000, i think Bitcoin is speculative and sharks devour. Along with that is the bad news from the countries and the pulses environment. But it will hit the price of about $ 8,000 to $10,000 at the end of this year.Because the end of year is atractive many investors in crypto market.
bitcoin prices are still below $ 8k because I see that there is no good influence from developments or news about bitcoin so it makes bitcoin very difficult to increase prices, so you should still be careful to see the price of the exchange place because it can suddenly do price increases.
You're right, lately the development of bitcoin seems to be hampered. even so many good news that I found out there, but it seems that it can't make the price of bitcoin higher. Well, the end of the year will be a good thing, but by November, there seems to be no significant increase in bitcoin prices. 
bitcoin prices are still below $ 8k because I see that there is no good influence from developments or news about bitcoin so it makes bitcoin very difficult to increase prices, so you should still be careful to see the price of the exchange place because it can suddenly do price increases.
Jump to: