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Topic: Why btc price go down on weekends? - page 2. (Read 348 times)

full member
Activity: 770
Merit: 100
Adoption Blockchain e-Commerce to World
May 29, 2018, 02:26:10 AM
#32
It's just a coincidence only. Crypto tidal market affected by the date, time, day or whatever it is. It just happens to be the time course is indeed being down. There was even a time that all crypto always ride that weekend even though. so that statement is not entirely accurate.
Yes it was just a coincidence because the ups and downs of prices can happen anytime,
so if the btc price drops during the weekend may be just a coincidence,
we hope that in the near future the btc price can rise again
sr. member
Activity: 826
Merit: 250
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May 29, 2018, 02:25:42 AM
#31
I really wondered having that price of btc going down on weekends. Thought and got some overview. Price mostly moves due to supply-demand and so many news and information. In weekend most of the people went to have some relax and release their btc which creates the flow of btc. On the other side, due to vacation mood, people are not interested to invest in any project that reduce the demand. So in this time period demand goes down and supply up. As a result , price goes with demand in the weekend timeline. DO you agree with me? Share your points of objections.


Merit will be highly appreciated if you found the post helpful.

I don't agree with you. A lot of experts are saying to do a lot of research about the recent dump. It looks like there is a possibility the market has manipulated by some parties. Even US regulators are watching it right now and the regulators have said to open the probe for the criminal manipulator of bitcoin price.
the declining coin shows that the coin has decreased interest. so enthusiasts who normally support Bitcoin are currently reduced and have an impact on the decline in Bitcoin from both price and development. so with this, we need to improve the development of Bitcoin and show the price to go back up and make it a reliable coin.
member
Activity: 546
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May 29, 2018, 02:24:54 AM
#30
This is usually the case. People have to rest and stop trading on weekends, but I guess there may be another reason why many media are always reporting negative news on cryptocurrencies over the weekend.
Because whales want to dump the price and buy some btc for a little price. It is their classic strategy to cause the panicsale among newcommers in crypto  Sad
member
Activity: 360
Merit: 12
May 29, 2018, 02:20:15 AM
#29
This is usually the case. People have to rest and stop trading on weekends, but I guess there may be another reason why many media are always reporting negative news on cryptocurrencies over the weekend.
hero member
Activity: 2184
Merit: 585
You own the pen
May 29, 2018, 02:15:57 AM
#28
The only reason that i saw that the market is going down is so many people selling one after another when they saw the bitcoin price is going down dramatically they sold it even if they only got a few profit some people follow their footstep as can you see right now, the patience will succeed because it will go up again anytime after summer.
member
Activity: 294
Merit: 10
Fast, Smart, Trustworthy
May 29, 2018, 02:15:42 AM
#27
It is not necessarily a weekend decline. Many reasons for the decline over the weekend may be because everyone has time to understand and analyze the market. Many people are using tokens to invest in free time. They may have more time on weekends!
member
Activity: 139
Merit: 10
May 29, 2018, 02:15:15 AM
#26
This may be a coincidence. I don't think bitcoin always falls on weekends. The recent market has been continuing to decline, and the market has no new capital to enter, so it can only decline continuously.
sr. member
Activity: 854
Merit: 250
May 29, 2018, 02:13:12 AM
#25
I really wondered having that price of btc going down on weekends. Thought and got some overview. Price mostly moves due to supply-demand and so many news and information. In weekend most of the people went to have some relax and release their btc which creates the flow of btc. On the other side, due to vacation mood, people are not interested to invest in any project that reduce the demand. So in this time period demand goes down and supply up. As a result , price goes with demand in the weekend timeline. DO you agree with me? Share your points of objections.


Merit will be highly appreciated if you found the post helpful.

rising and falling prices can not be determined by a certain day, but it will have an effect on demand and supply. but currently the news circulating in the world also greatly affects bitcoin prices.
newbie
Activity: 84
Merit: 0
May 29, 2018, 02:02:31 AM
#24
I do not know exactly what makes bitcoin continue to decline but I heard the news that bitcoin prices have been manipulated that keep bitcoin prices down Kiss
sr. member
Activity: 770
Merit: 250
May 29, 2018, 02:00:24 AM
#23
It's just a coincidence only. Crypto tidal market affected by the date, time, day or whatever it is. It just happens to be the time course is indeed being down. There was even a time that all crypto always ride that weekend even though. so that statement is not entirely accurate.
newbie
Activity: 29
Merit: 0
May 29, 2018, 01:55:54 AM
#22
Could it be all the daytraders exiting over the weekend?
member
Activity: 364
Merit: 10
May 29, 2018, 01:53:10 AM
#21
it is normal for BTC to be inferior and not only today's weekends but the decrease is still due to the fact that there are only a few investors here
newbie
Activity: 252
Merit: 0
May 29, 2018, 01:38:35 AM
#20
This is a wrong concept indeed. In the crypto currency market, you cannot say anything surely as there is uncertainty in the market all the time. The cryptographic forms of money market won't decrease just for a particular date. It was on the grounds that there was no great data as of now. There is no terrible data. So the market is as yet viewing the modification time frame. The market needs to pause. Sit tight for the ascent once more.
hero member
Activity: 3080
Merit: 603
May 28, 2018, 07:54:42 PM
#19
On the other side, due to vacation mood, people are not interested to invest in any project that reduce the demand.
You can be right on this thing.

People are mostly in vacation right now and they are spending their money to their elegant travels and trips. And as the month June is at hand, let's see and think on when it will come back to the situation where everyone is rushing to buy bitcoin.
newbie
Activity: 145
Merit: 0
May 28, 2018, 07:46:37 PM
#18
Yes, absolutely agree with you. Most people leave for the weekend and do not spend a lot of time bargaining in the crypto currency market.
newbie
Activity: 294
Merit: 0
May 28, 2018, 05:49:04 PM
#18
I can't agree with this because it's not happen regularly. Price fluctuation is a common scenario in this market. But if we compare with other crypto currencies performance bitcoin is far ahead from them.
newbie
Activity: 168
Merit: 0
May 28, 2018, 07:43:12 PM
#17
I don't think this decline is a serious one to look for a specific reason behind. This is general market phenomenon and this is natural for a volatile market that the prices will fluctuate. The price will soon bounce back. Just be patient.
newbie
Activity: 1
Merit: 0
May 28, 2018, 06:49:28 AM
#17
I really wondered having that price of btc going down on weekends. Thought and got some overview. Price mostly moves due to supply-demand and so many news and information. In weekend most of the people went to have some relax and release their btc which creates the flow of btc. On the other side, due to vacation mood, people are not interested to invest in any project that reduce the demand. So in this time period demand goes down and supply up. As a result , price goes with demand in the weekend timeline. DO you agree with me? Share your points of objections.


Merit will be highly appreciated if you found the post helpful.

I think this is due to the fact that he was exhausted after a huge fall in the beginning of the year and now after the market correction it is difficult to raise the price, and it is running out of Ethereum, so the price goes down, the era of Ethereum begins
full member
Activity: 285
Merit: 100
May 28, 2018, 06:47:18 AM
#16
Not a lot of people are trading on the weekends. Most people just want to relax on the weekends after a long week, so there is not much buying and selling going on really. Just a few people trade on weekends. Others can sell off some of their coins so they can have money to relax on the weekend and do other things. After that they are all back on mondays and the prices start to pick up again
newbie
Activity: 252
Merit: 0
May 27, 2018, 07:58:47 PM
#15
The price of bitcoin depends on demand and supply as well as different fuds. So, not specifically on weekend, it actually falls down because for some reason the demand got decrease. I hope the price will recover fully very soon.
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