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Topic: Why do you think the market is down right now? - page 29. (Read 4340 times)

legendary
Activity: 3290
Merit: 1901
Shuffle.com
I have to agree with marcel. The main reason why the price is way down because the SEC postponed the Bitcoin ETF. This is just short term losses that anyone shouldn't be worrying about unless your a day trader. Bitcoin is still in a good shape to go back up in the next following months even if it gets rejected by the SEC.

is it trouble in some countries in ASIA with laws and regulations?
Doesn't seem like there's trouble in several asian countries. If this was the case the news should've spread by now.
legendary
Activity: 3136
Merit: 1122
Leading Crypto Sports Betting & Casino Platform
jr. member
Activity: 31
Merit: 1
I think that the market will go down a bit more tbh and then once it bottoms out it's buy in time. The lows and highs are common but this is the hardest time to stay motivated and believe in the future of bitcoin.
newbie
Activity: 50
Merit: 0
You should be convinced that whales/sharks have more opportunities to make money when the market falls, because the price of coins will be very low!
full member
Activity: 420
Merit: 102
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?
You don’t need anyone to even tell you that the price has already reached its lowest and is going back up already. Don’t be surprised when rush comes cause that’s probably going to take place ending of this year. Haven’t you been watching the price as it went from twenty thousand and dropped to six thousand dollars ($6,000) and from there it has gotten to eight thousand dollars and still showing signs of going further to a bigger price. If the price rate of six thousand wasn’t t lowest it would have continued to go down to five thousand or so.
sr. member
Activity: 2394
Merit: 267
Vave.com - Crypto Casino

It seems that there is a lot of information on the news that some social media who do not accept crypto so that the sentiment also affects many who panic over the news, but the time will be stable once the information is clear
newbie
Activity: 35
Merit: 0
I think there is a preparatory stage. After that there will be a pump.
jr. member
Activity: 70
Merit: 1
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?

Governments around the world are beginning to act on Bitcoin and cryptocurrency regulations, because many have over Bitcoin's safety as an investment and trading commodity. Despite of the market downfall traders are less concerned with these movements of price and are not letting the typical Bitcoin fluctuations get to them. Some are explaining the current price as still massively positive, especially if one zooms out on the charts and looks at where Bitcoin is in the bigger picture.
hero member
Activity: 1078
Merit: 501
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?
In my opinion, big investors already quit into bitcoin, because the price is too low now and they think Bitcoin is slowly dying now, but in my opinion, let's prove to them that bitcoin is not going to die, it is just taking its right time for the recovery of the value, who knows? we can have another ATH's for a year now.
hero member
Activity: 3038
Merit: 634
is it all that is going on with regulations?
Regulations or not, it's all caused by the market itself. Having more people that are selling today cause the market to go down.

Big whales just waiting?
Waiting for the increase? they are also thrown that they are responsible for these dips. Whether they are part or not still it's been pushed by many sellers.
People do not believe in crypto anymore?
I don't think so, many are very much interested to it. Average people and companies.

is it trouble in some countries in ASIA with laws and regulations?
No.
jr. member
Activity: 266
Merit: 2
The Premier Digital Asset Management Ecosystem
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.
copper member
Activity: 228
Merit: 0
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?
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