Why is the price of BTC dropping? - page 3.

Natalim

hero member

Activity: 3094

Merit: 606

BTC to the MOON in 2019

Quote from: Majestic-milf on March 10, 2022, 04:06:31 AM

Seeming decline in the price of Bitcoin is becoming a cause for alarm, because investors and intending ones will be skeptical, preferring to wait to see if there will be a balance.

Not anymore. People know that this sometimes happens and if you are already here for many years, you can really be experiencing this. The price fluctuates very often due to its volatile nature.

Quote

Although, the values of risky assets like the BTC tend to take a downward slope in the wake of the Federal Reserve making policy changes to more fiscally conservative. Also, measures enacted by the federal that are designed to control inflation have had a negative impact on the price of BTC.
More so, as Bitcoin matures and becomes more accepted and adopted, the price is increasingly correlated with the prices of traditional assets like stocks.

Most of the time people have been affected by the things they heard like Restrictions, banning, and other sorts of criticism. They are too emotional and probably still doubtful about Bitcoin. I'm not going to wonder why this happens to them but for those who understand the situation, they still calm and hold their crypto assets.

goldkingcoiner

legendary

Activity: 2240

Merit: 1993

A Bitcoiner chooses. A slave obeys.

A lot of this has to do with Russia's sanctions, I would think. For example the energy prices go up, making electricity becomes a bit pricier due to the fact that many of our energy production facilities still rely heavily on old fossil fuels. Since old fossil fuel prices are going up, so is the electricity for mining. The other sanctions have some complex effect on the crypto economy as well. Furthermore, Russia has been hinting at disconnecting itself from the internet, so we might see some FUD coming from that. Especially if the Russian miners get scared.

stadus

legendary

Activity: 3080

Merit: 1292

Hhampuz for Campaign management

Quote from: jaberwock on March 10, 2022, 04:39:22 PM

Quote from: Mauser on March 10, 2022, 08:13:22 AM

I wouldn't worry so much about the current bitcoin price. Right now BTC is at 39,000 USD, which seems quite healthy in my opinion given the current state of the world. You are comparing the price to the ATHs from last year, but the world has changed since. We are facing a major conflict with the Russia-Ukraine war, also inflation rates are rising compared to last year. Even before the Ukraine war the bitcoin price was lower than it is today. No reason to panic as long bitcoins manages to withstand all that downward pressure. In Europe for example the Russia sanctions are going to hurt the economies. Already now we see a double of the fuel prices in two weeks. This is going to increase inflation even more. It's just a matter for the world to go back to normality and for bitcoins to rise again.

Unfortunately people see every little thing as a chance to go up, and every big thing to see it go down. That is one of the main reasons why people are shocked to see the price go down most of the time. War obviously impacted it badly, but we saw it go up during war as well, which is a proof that we should not be really someone who gets in panic mode, or care about FUDs or FOMOs and just stick to a plan.

I know it is not really that easy, but it is also not so impossible neither. It can be done and we can definitely do it. All we have to do is do not care when ti is 39k, and do not care when it is 42k, if we keep guessing the direction and when it will stop going that direction all the time, it will hurt us.

Just don't often check the market so you won't panic. Expect that as this war continues, inflation too will be more uncontrolled, which makes the crypto market too doom to decrease its market value. Just stay calm and hold your bitcoin. When the market gets normal, everything will fall into its right place and we can see bitcoin price to increase again.

jaberwock

legendary

Activity: 2660

Merit: 1074

Quote from: Mauser on March 10, 2022, 08:13:22 AM

I wouldn't worry so much about the current bitcoin price. Right now BTC is at 39,000 USD, which seems quite healthy in my opinion given the current state of the world. You are comparing the price to the ATHs from last year, but the world has changed since. We are facing a major conflict with the Russia-Ukraine war, also inflation rates are rising compared to last year. Even before the Ukraine war the bitcoin price was lower than it is today. No reason to panic as long bitcoins manages to withstand all that downward pressure. In Europe for example the Russia sanctions are going to hurt the economies. Already now we see a double of the fuel prices in two weeks. This is going to increase inflation even more. It's just a matter for the world to go back to normality and for bitcoins to rise again.

Unfortunately people see every little thing as a chance to go up, and every big thing to see it go down. That is one of the main reasons why people are shocked to see the price go down most of the time. War obviously impacted it badly, but we saw it go up during war as well, which is a proof that we should not be really someone who gets in panic mode, or care about FUDs or FOMOs and just stick to a plan.

I know it is not really that easy, but it is also not so impossible neither. It can be done and we can definitely do it. All we have to do is do not care when ti is 39k, and do not care when it is 42k, if we keep guessing the direction and when it will stop going that direction all the time, it will hurt us.

Imran232

full member

Activity: 700

Merit: 182

Quote from: Majestic-milf on March 10, 2022, 04:06:31 AM

<...............>

Though I don't know the exact reason, and I think no one knows the exact reason. But this feels like a market correction to me. Now let me come to your point. In my opinion, there might be two reasons for this dump. The first reason is that a Ukrainian investor, and the second is that an oil investor.

Ukrain Investors: We know the present situation in Ukraine. We also know how many investors are from Ukraine in bitcoin. And because of the present situation, lots of people leave Ukraine and can't access their bank accounts either. In that case, lots of crypto holders might be selling their holdings for life. What is needed, man, and it's fair for them.

OIL INVESTORS: Look, there are lots of investors who are actually companies, and there are lots of expert traders who are familiar with the market situation. And they always research for profit, and we know how much oil prices have increased. So it is very possible that some people are selling crypto to invest in oil so that they can generate profit from that area too.

Well, this is not the exact reason. This is just my speculation. Others' opinions might be different.

cheezcarls

hero member

Activity: 2282

Merit: 659

Looking for gigs

Quote from: Majestic-milf on March 10, 2022, 04:06:31 AM

Seeming decline in the price of Bitcoin is becoming a cause for alarm, because investors and intending ones will be skeptical, preferring to wait to see if there will be a balance.
Although, the values of risky assets like the BTC tend to take a downward slope in the wake of the Federal Reserve making policy changes to more fiscally conservative. Also, measures enacted by the federal that are designed to control inflation have had a negative impact on the price of BTC.
More so, as Bitcoin matures and becomes more accepted and adopted, the price is increasingly correlated with the prices of traditional assets like stocks.
Though the rate at which the price of BTC is dropping, financial analyst and professional, Ric Edelman has urged investors to stay calm and not be in a hurry to sell of their BTC, assuring that there is a favorable look on the Bitcoin in the long term.
He went further to state that this is thr fifth time BTC price has fallen by 50% or more since it's inception in 2009.
Bitcoin is currently trading at $37,000 down approximately 45% from its high as posted in Nov. 2021. Are there provisions put in place to curtail this downward spiral? https://www.investopedia.com/why-is-bitcoin-price-dropping-5216985

There are many people who are asking the same question from the past. There are certain factors that leads to BTC going on a correction after a brief pump. This is all about market manipulation and the latest trends nowadays are also one of the possible reasons as well despite no guarantees. You can't predict the price whether if it's going up or down without warning.

macson

full member

Activity: 1148

Merit: 151

Hire Bitcointalk Camp. Manager @ r7promotions.com

Quote from: TheNineClub on March 10, 2022, 04:18:36 AM

Quote from: Majestic-milf on March 10, 2022, 04:06:31 AM

snip

There was a predicted bear market around this time and a price correction, so it's not really unexpected, but the reason why BTC price is dropping is that a myriad of reasons can't cust be boiled down to a couple. The economy is a complex thing and BTC is not immune to any of them. Sure, some things have more impact than others, but everything adds up in the end.

People who don't understand economics will find it difficult to understand what's going on in the market and make the price of BTC go down. bitcoin is a very volatile asset, it is not possible to stay at a high price forever, this happens because the market has high buy-sell transactions.

boyptc

hero member

Activity: 3024

Merit: 680

★Bitvest.io★ Play Plinko or Invest!

When price goes up too quickly, everyone starts to celebrate. And when the price drops, everybody wants to know what's the reason why.

Well, no one has the right information why the market is dropping but you can have that speculation that it's all due to the supply and demand plus the news that are rotating the whole market.

And recently, there was a quick price increase for bitcoin so this was expected that there's a reversal too.

JayTrain

full member

Activity: 1092

Merit: 105

Sugars.zone | DatingFi - Earn for Posting

bitcoin is falling today, it will rise tomorrow, if we take the dynamics of the growth and fall of bitcoin over 10 years, then everything suggests that bitcoin is growing, these are all corrections in the short term, sooner or later bitcoin will win back and return to its bullish values, the main thing is not to panic ahead of time.

Slow death

legendary

Activity: 3164

Merit: 1127

Leading Crypto Sports Betting & Casino Platform

there are already many people asking this same question and in my opinion the cryptocurrency market is not being affected, people are worried about saving their lives and are not thinking about risky investments, maybe this will make the price of bitcoin stagnant in this one $39000 - $44000 zone, but this is a temporary thing although we cannot say about other assets that will take a long time to recover in price. once some agreement is reached in this conflict and the war is over, people will gradually recover and will think about high risk investments like bitcoin

Upgrade00

legendary

Activity: 2114

Merit: 2248

Playgram - The Telegram Casino

Quote from: Majestic-milf on March 10, 2022, 04:06:31 AM

Seeming decline in the price of Bitcoin is becoming a cause for alarm, because investors and intending ones will be skeptical, preferring to wait to see if there will be a balance.

If you zoomed out of the chart to a couple of months or years, then you would not notice any cause for alarm, rather an asset which has been steadily appreciating over time.
Intending investors should not focus on the last 7 days chart when choosing an investment, or they would likely be making the mistake of buying shit coins which were pumped and are going to dump. Proper research involves studying the fundamentals and also the technical aspects of the market.

Quote from: Majestic-milf on March 10, 2022, 04:06:31 AM

Bitcoin is currently trading at $37,000 down approximately 45% from its high as posted in Nov. 2021. Are there provisions put in place to curtail this downward spiral?

This is a decentralized network and there is no system which regulates the price.

Teletalk.org

member

Activity: 224

Merit: 26

It is normal for the price of Bitcoin to go up and down. Because Bitcoin is the most popular and expensive coin in the cryptocurrency world. If any coin is in hype, it goes down again. Bitcoin has a lot of hype and will rise further in the future. Maybe the war between Russia and Ukraine has had some effect at the moment. So the price of Bitcoin is falling.

molsewid

hero member

Activity: 2170

Merit: 530

Quote from: Mauser on March 10, 2022, 08:13:22 AM

I wouldn't worry so much about the current bitcoin price. Right now BTC is at 39,000 USD, which seems quite healthy in my opinion given the current state of the world. You are comparing the price to the ATHs from last year, but the world has changed since. We are facing a major conflict with the Russia-Ukraine war, also inflation rates are rising compared to last year. Even before the Ukraine war the bitcoin price was lower than it is today. No reason to panic as long bitcoins manages to withstand all that downward pressure. In Europe for example the Russia sanctions are going to hurt the economies. Already now we see a double of the fuel prices in two weeks. This is going to increase inflation even more. It's just a matter for the world to go back to normality and for bitcoins to rise again.

Me too because if you're already been a part of the crypto community even if let's say even just a year you may already know the most thing that really affects the bitcoin price and that's the volatility of the market. I am not worried about the price correction or even a bearish trend because I believe and I am very optimistic that the price may still get up and will be going to hit another ATH, I don't know when but fortunately it will happen. And at this kind of situation is a trader and investor, we will being challenged by our patience or if we are long-term or short-term investors.

raidarksword

member

Activity: 2044

Merit: 16

As always bitcoin is unpredictable and very volatile that's why we cannot predict what will be the price tomorrow. I believed bear market is still very strong and accompanied with ongoing conflict of russia and ukraine. Still, i have belief that bitcoin clan go higher once war is over and more good news flowing in that will help market to recover fully.

Mauser

hero member

Activity: 1974

Merit: 534

I wouldn't worry so much about the current bitcoin price. Right now BTC is at 39,000 USD, which seems quite healthy in my opinion given the current state of the world. You are comparing the price to the ATHs from last year, but the world has changed since. We are facing a major conflict with the Russia-Ukraine war, also inflation rates are rising compared to last year. Even before the Ukraine war the bitcoin price was lower than it is today. No reason to panic as long bitcoins manages to withstand all that downward pressure. In Europe for example the Russia sanctions are going to hurt the economies. Already now we see a double of the fuel prices in two weeks. This is going to increase inflation even more. It's just a matter for the world to go back to normality and for bitcoins to rise again.

kryptqnick

legendary

Activity: 3248

Merit: 1402

Join the world-leading crypto sportsbook NOW!

Quote from: Majestic-milf on March 10, 2022, 04:06:31 AM

Seeming decline in the price of Bitcoin is becoming a cause for alarm, because investors and intending ones will be skeptical, preferring to wait to see if there will be a balance.
Although, the values of risky assets like the BTC tend to take a downward slope in the wake of the Federal Reserve making policy changes to more fiscally conservative. Also, measures enacted by the federal that are designed to control inflation have had a negative impact on the price of BTC.
More so, as Bitcoin matures and becomes more accepted and adopted, the price is increasingly correlated with the prices of traditional assets like stocks.
Though the rate at which the price of BTC is dropping, financial analyst and professional, Ric Edelman has urged investors to stay calm and not be in a hurry to sell of their BTC, assuring that there is a favorable look on the Bitcoin in the long term.
He went further to state that this is thr fifth time BTC price has fallen by 50% or more since it's inception in 2009.
Bitcoin is currently trading at $37,000 down approximately 45% from its high as posted in Nov. 2021. Are there provisions put in place to curtail this downward spiral? https://www.investopedia.com/why-is-bitcoin-price-dropping-5216985

The price is not dropping, IMO, it's just fluctuating. It's $39k right now, while it was $42k yesterday and $39k the day before. It's going up and down, without a clear trend, so there's no need to discuss why it's dropping. I would describe this situation as stable, to be honest, because the price remains around $40k (sometimes more, sometimes less) since the middle of January, and if there are big fluctuations, they probably indicate that there's a lot of movement of the market (panic selling fighting FOMO day and night), but there's no reason to believe that anything bad is going to happen to it.

arwin100

hero member

Activity: 2632

Merit: 787

Jack of all trades 💯

Quote from: Majestic-milf on March 10, 2022, 04:06:31 AM

Seeming decline in the price of Bitcoin is becoming a cause for alarm, because investors and intending ones will be skeptical, preferring to wait to see if there will be a balance.
Although, the values of risky assets like the BTC tend to take a downward slope in the wake of the Federal Reserve making policy changes to more fiscally conservative. Also, measures enacted by the federal that are designed to control inflation have had a negative impact on the price of BTC.
More so, as Bitcoin matures and becomes more accepted and adopted, the price is increasingly correlated with the prices of traditional assets like stocks.
Though the rate at which the price of BTC is dropping, financial analyst and professional, Ric Edelman has urged investors to stay calm and not be in a hurry to sell of their BTC, assuring that there is a favorable look on the Bitcoin in the long term.
He went further to state that this is thr fifth time BTC price has fallen by 50% or more since it's inception in 2009.
Bitcoin is currently trading at $37,000 down approximately 45% from its high as posted in Nov. 2021. Are there provisions put in place to curtail this downward spiral? https://www.investopedia.com/why-is-bitcoin-price-dropping-5216985

Are you totally new? If yes you didn't see the worse yet and this current drop is just a little bit drop happen in history so what I can suggest to you is research all the history about bitcoin so that you will not get worried on small movements happen on it. Also price drop is normal since this is so normal on bitcoin and better chill out since the reason for this is the existing war happening in Ukraine which affect a lot in economy also in cryptocurrency.

giammangiato

legendary

Activity: 1862

Merit: 1327

Quote from: Majestic-milf on March 10, 2022, 04:06:31 AM

Seeming decline in the price of Bitcoin is becoming a cause for alarm, because investors and intending ones will be skeptical, preferring to wait to see if there will be a balance.
Although, the values of risky assets like the BTC tend to take a downward slope in the wake of the Federal Reserve making policy changes to more fiscally conservative. Also, measures enacted by the federal that are designed to control inflation have had a negative impact on the price of BTC.
More so, as Bitcoin matures and becomes more accepted and adopted, the price is increasingly correlated with the prices of traditional assets like stocks.
Though the rate at which the price of BTC is dropping, financial analyst and professional, Ric Edelman has urged investors to stay calm and not be in a hurry to sell of their BTC, assuring that there is a favorable look on the Bitcoin in the long term.
He went further to state that this is thr fifth time BTC price has fallen by 50% or more since it's inception in 2009.
Bitcoin is currently trading at $37,000 down approximately 45% from its high as posted in Nov. 2021. Are there provisions put in place to curtail this downward spiral? https://www.investopedia.com/why-is-bitcoin-price-dropping-5216985

Be calm, everything normal, nothing to worry about, the triggers are many, I remind you that it cannot be just two or three statements or movements that can cause bitcoin to collapse, wait for the long term, don't be in a hurry! If you need liquidity it's different, but if you don't need it, wait, don't panic from market-to-market news!

tbct_mt2

hero member

Activity: 2366

Merit: 838

To discover, you should open a chart with weekly candle then you will see how long Bitcoin went through with its bullish mode after breaking $20k. So think of it yourself, is it abnormal if Bitcoin has a long correction after that rise?

If your answer is: Yes, it is very reasonable correction. It is what we have been witnessing since late of 2021. Some indicators reveal that Bitcoin has formed its bottom and just need time to break out. We don't know when it will start rising again but history says April to May are very good months for Bitcoin.
https://cryptorank.io/price/bitcoin

mk4

legendary

Activity: 2870

Merit: 3873

Paldo.io 🤖

Bitcoin's price go up and down literally all the time that it's boggles my mind why people always sort of gets shocked quite a bit when volatile moves happen. tl;dr bitcoin is a very volatile asset and will remain volatile for a while, and the reason for it's price movements isn't so easy to find unlike with high-cap stocks.

Topic: Why is the price of BTC dropping? - page 3. (Read 548 times)