Topic: Why did you decline bitcoin today? please tell me. - page 2. (Read 1616 times)
If price had risen rapidly by 300%, why can't it go back to it's former position? That could be discussed, if BTC would crash after long phase of stable growth. Now, situation is the same as several times in the past - nothing extraordinary. Time to buy is coming
I think the drop price of bitcoin is just a normal movement this is always happening if there are traders are satisfied what is the price..
Because they seen that the price of bitcoin from $2,900 drop and stay at $2,800 so before the price crash they sell their bitcoin and make a profit.
And i think we don't need to be afraid of using bitcoin because its just 15% and i think we will see more price increase this following month the same as last year..
Because they seen that the price of bitcoin from $2,900 drop and stay at $2,800 so before the price crash they sell their bitcoin and make a profit.
And i think we don't need to be afraid of using bitcoin because its just 15% and i think we will see more price increase this following month the same as last year..
I do not know the reason. Why has it dropped by 15%?
There doesn't need to be a reason... it's mostly just investor mentality. Bitcoin is volatile and investors go back and forth between greed and fear very easily.
I do not know the reason. Why has it dropped by 15%?
I can see that it's a domino effect, as aso118 said the whole crypto market is experiencing loss in total market shares and as well as other investment markets. So with the down market of bitcoin then alt coins are also affected. But don't worry about it, that will be on a good state after a couple days or week.
I do not know the reason. Why has it dropped by 15%?
Market is satiated: a bear market is about to start, with Bitcoin downtrending for a prolonged period of time. If you bought in high, I would advise you to cut losses at this point, but I'd like to stress you need to make your own decisions.
Remember, no asset can keep on appreciating forever. Maybe this is Bitcoin's Troy in the end, and most people will not see it coming when it happens. There's a distinct possibility it will never trend higher than 3000-ish USD again, but we cannot know for sure.
What we do know with a degree of precision is that it will continue to downtrend for now. Draw your conclusions based on that.
I do not know the reason. Why has it dropped by 15%?
Traders cant see any upcoming valuable news for bitcoin.That's why they started downtrend
I do not know the reason. Why has it dropped by 15%?
The whole crypto market is in a sea of red today. I can see around 5 coins out of the top 100 which have risen today.
As per some news report, technology stocks (and Bitcoin) are being beaten down by market participants.
I do not know the reason. Why has it dropped by 15%?
Don't fall for the fake stream media who always comes up with a reason when stocks go down, sometimes the reason is people just want to sell for no reason and it snowballs! Same with going up sometime people see it go up so they jump. Often no reason!
I do not know the reason. Why has it dropped by 15%?
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