Topic: Why do you think the market is down right now? - page 22. (Read 4340 times)
I do not think. I just see my money going down and that means the market is falling. But I have confidence in this market. I believe it will restore.
I think whales make money thanks to the bull run and now they want to win with other methods. now they are tiring people by creating shorter ups and downs.
The market is going down today because there is no reason for it to pump. The days that bitcoin and cryptocurrency rise up are not sign of a bull run market but we just played by whales who control the entire series of pumping. Anyway, let just be happy because even in a short run, we have few profits.
The decline in crypto prices was caused by negative issues that made people rush to sell coins before prices dropped further. That's where large-scale coin sales occur, which makes crypto prices drop sharply.
Its obvious because the price of many altcoins is down now, so market is unstable and many altcoins are going red. hopefully before end of this year market will rise again and many altcoins become stable so we can start trading.
most investor and crypto community hope cryptocurrency market recovered again at december.they have strong reason for this, especially about CBOE etf that would be main trigger for price movement.
No one could actually pinpoint the reason for the bearish market.
Its obvious because the price of many altcoins is down now, so market is unstable and many altcoins are going red. hopefully before end of this year market will rise again and many altcoins become stable so we can start trading.
I don’t why the market is drop and too low right now, maybe many investors are selling their coin with higher volume and they have make other investor are panic to sell their asset to. Its why make price bitcoin and altcoin is drop.
I think the falling market is due to the very high demand in 2017 that brings the value of bitcoin to $ 20k then increase sell order, coupled with issues that spread both prohibitively in various countries, crime and disrupt the country's economy. In my opinion that is what makes users panic, lost confidence and results in a downward trend.
well this condition is completely different from the previous year. this is like the opposite. well, for now I'm just thinking of holding back the assets that I have. waiting for market conditions to get better is something that needs to be done now. is it all that is going on with regulations?
Big whales just waiting?
People do not believe in crypto anymore?
is it trouble in some countries in ASIA with laws and regulations?
I think market is already recovering in its doing good, that is the good of bitcoin, when you are talking about why its down, its already back up. However if you really want to focus on why the bitcoin drops after some small bull run than you need to check the dates.Big whales just waiting?
People do not believe in crypto anymore?
is it trouble in some countries in ASIA with laws and regulations?
I do not follow it regularly and I am not a great predictor or something but when there are shorts and futures and cmoe or whatever involved the price of it goes up and down more than regular days. Special days that gives interest to whales have bigger affects on bitcoin than just a simple Tuesday, hence when you see moves that are going really high in a day or really low in a day than know that it must be some special day for bitcoin.
I think now a monetary crisis is not only affecting the real world economy but also affecting price movements in the crypto market, and I think this was triggered by economic attacks by the United States
I think the falling market is due to the very high demand in 2017 that brings the value of bitcoin to $ 20k then increase sell order, coupled with issues that spread both prohibitively in various countries, crime and disrupt the country's economy. In my opinion that is what makes users panic, lost confidence and results in a downward trend.
Probably cause people are selling once the price goes up a little thinking that is when they are gonna make profit. Also, they believe that the price won't go as high or close to it like last year anymore so they sell all their assets and cause a massive fluctuation.
but many are waiting until the end of this year. many of the bitcoiner's hopes that the end of this year will increase significantly. but not a few also panic sell, which worsens the current situation
Probably cause people are selling once the price goes up a little thinking that is when they are gonna make profit. Also, they believe that the price won't go as high or close to it like last year anymore so they sell all their assets and cause a massive fluctuation.
Most people are skeptical pending announcements regarding bitcoin ETF.
I think theres a massive shift to fiat holdings.
Information and announcements tend to have a telling effect on the market.
does ETF greatly affect the price of bitcoin? whereas before the issue of ETF, fluctuations in bitcoin prices have the same experience, sometimes it raise up drastically, sometimes it go down continuously I think theres a massive shift to fiat holdings.
Information and announcements tend to have a telling effect on the market.
is it all that is going on with regulations?
Big whales just waiting?
People do not believe in crypto anymore?
is it trouble in some countries in ASIA with laws and regulations?
Big whales just waiting?
People do not believe in crypto anymore?
is it trouble in some countries in ASIA with laws and regulations?
if to refer today, as of today, a lot of panic sellers are on the move, a couple of days ago, the price surged up, but not to the extent that it totally hiked because small time investors sell their coins right away without a little further to rally up more, i think big whales creates less impact on the price when they sell, it is the small time traders who does the biggest damage, it creates trends enough to make the graphs plunge quickly, i guess the number of sellers matters and not how much assets are moved. just my opinion.
yesterday, the market shows the green line but after it stays in the new price, the market getting down and even today, many coins are down in the market. I think the coins make a correction before it increases again. I see bitcoin is down too and now reach $6419, it's a deep down after yesterday we see bitcoin price can reach more than $7379. but I think the market will survive after it's down and it will increase again later, nothing to worry about this and it's better to load more coins while the price is down.
I think that market is down just because of too much selling orders and less people buying it. in current market condition which was already bearish from last top in December 2017, selling send us to downtrend.
Price fluctuations are not just bitcoin, but just like other fiat money is influenced by several factors, such as political temperature, a country's policy, to the negative sentiment caused by a currency's rise or fall, whether fiat or digital. When referring to bitcoin prices in December 2017, the trend is decreasing. Maybe now it's time for bitcoin to correct prices.
Its because new investors are not investing on crypto currency again because of the fud being created by the haters of Crypto and most at time it can also caused by the manipulate caused by some groups of people with huge fund to control the market.
The primary factors that affect the price in the market is always the demand and supply. Market is down now because of lack in demand. Maybe many investors are quieting and waiting sometimes to invest again that can make the market rise again. Well whatever happened in the market is just normal because not all the time market always green.
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