Topic: Why the Bitcoin is still down? - page 8. (Read 5124 times)

this is not speculation but it has become a cryptocurrency trend and we have been waiting for it for several years it is still difficult to rise. we cannot predict it correctly, it's just following the current trend. usually crypto drops only momentarily and will later rise again, but nowadays what makes crypto difficult to rise.

I think you just need to wait some time. Over time, more people will start using Bitcoin and the price will rise naturally. Rapidly rising prices are unstable and most likely these are speculations.

I think the current bitcoin price has started to improve from the beginning of the year. Bitcoin yesterday could reach $ 6000, and that means providing resistance to the bearish trend, with good news support it will certainly accelerate its development

It is not that bitcoin is down, is that the market and the type of phase in which the market is currently makes see that it seems low, but if you analyze, we are in an incredible phase, very profitable to buy, and not I say or affirm from the point of view of a technology enthusiast, I tell you from the point of view of a market speculator and a market investor, because for many it is of total knowledge that the accumulation phase, its same name says it: Accumulation, it is ideal to buy and maintain, but why?

It is simple, we can study the market from 2 points of view, from the point of view of ACCUMULATION and from the point of view of DISTRIBUTION, where:

Accumulation: The purpose of this stage is to end the entire floating offer and prepare the stock or currency for your Bullish trend stage.

Distribution: It is where your ATH reaches and where it is ideal to sell, because it is where you can sell the most expensive.

By understanding these two concepts, we can say that in the accumulation stage it may seem bearish, but it is the stage where the volatility is higher, there may be many changes and market movements, but its purpose is to accumulate and eliminate supply. By understanding this, it clearly indicates that an Investor at the time of buying in the price range of $ 6k to $ 9k is a good range of accumulation, henceforth it can be considered practically a bullish trend stage.

Bitcoin had a massive dip last year, 2018 after the correction phase following the December, 2017 and January, 2018 bull market. When a trend like this happens, it takes time for the market to recover because most of the investors who have limited knowledge in how things work in crypto may lose trust and withdraw their investments. It takes time for the market to recover. Bitcoin showed much resistance during the beginning of the year 2019 and it is now seeing gradual increase in price.
Bitcoin will definitely recover and surpass its all time hit $20K but this will take time.

Bitcoin is still down due to the fact that we need mass adoption of the people in the system, the usage of bitcoin needs to be extended beyond crypto if not I don't see bitcoin growing stronger anytime soon. Most people have abandoned what bitcoin was invented for and are only going for the market price (dump and pump) but until we start orientating ourselves and newbies into the ecosystem about the advantages of bitcoin over fiat then I see no reason why bitcoin should rise up.

You should have checked the current price of Bitcoin first before making this post ,the price of Bitcoin is increasing daily,so I don't get what you actually meant that Bitcoin is  in a bear state.

In my opinion, bitcoin is still down because there are some things that are very influential for the price of Muslim bitcoin from negative issues to political interests, but if compared to the first time released this bitcoin price is now very expensive, and maybe how to recover the price of bitcoin to return  which is expensive Maybe by buying a large amount of bitcoin and then you save it, because with a small amount of bitcoin it will boost the price of bicoin

They keep asking the same question because deep down they wish there was some way to change that, they wish they had a switch that could make the price of any coin they invest in to go up very rapidly and make profits that way, but for people like us that is nothing more than a fantasy and we know it is not possible to have something like that, so the only thing we can do to try to get profits in this market is to improve our strategies and to have a greater control over our emotions than our peers.

That is important because if they lose control of their emotions while you do not then they will eventually lose money to you and other intelligent traders.

I don’t know why people keeps on asking this question all the time. There is no better explanation you will get than the price is determined by rate of demand and the rate of supply. I don’t know what other explanation you guys are looking for. There is no trigger to pull and raise the price up or take it down. It’s all about the activities of the traders. When there are lots of traders buying, the price starts to go up and that’s it.

In order for Bitcoin to start working well as a means of payment, it is necessary that it be legalized by the majority of states that would issue their orders to the tax authorities and other regulatory agencies on the procedure and conditions for the circulation of cryptocurrency in their country. Only after that the infrastructure for using Bitcoin and another cryptocurrency as a means of payment will begin to develop. Moreover, this process is also not fast, it will take a lot of time. In addition, the emergence of cryptocurrency is not very well perceived by the states, the circulation of cryptocurrency on their territory is perceived rather contradictory.
As for the ways of raising the price of Bitcoin, I think that this should not be done categorically. Artificial overpricing then has a very bad effect on the future functioning of the market. We remember what led to a sharp rise in the price of Bitcoin at the end of 2017. Without such an upturn, bitcoin would now have a price well in excess of $ 10,000.

This is not to say that Bitcoin is still not working. It is used both as a means of payment, and as a means of accumulating value, and as an investment means. Another thing is that this process is very slow. Nothing can be done, the States are not thrilled by the emergence of cryptocurrency and the process of its introduction into our lives is rather complicated and controversial. However, vseravno, we are slowly moving in this direction. However, this process should not be spurred on either. Especially it is not necessary to artificially raise the price of cryptocurrency. This leads to market distortions and disrupts its normal operation.

Bitcoin value still down and lower because many bad news of bitcoin every day, we have stop it and always give feed back how bitcoin could increase our earning and earn much money for next time.

Not only investors and holders but considering also the time to recover from its huge fall last year. Bringing investor's trust and number of users will help to make it possible in just a few months. We can't stop some declines cause we known it volatility and do expect that it will not be of straight rising trend all the times.

I think the better word is "stable" instead of "down" for it's been rising slow and steady for several months now. To answer your question, bitcoin simply needs more investors and holders. The basic law of supply and demand always comes into play. More holders mean less supply, which gives it a higher value. This could be be achieved by mass adoption and possibly regulated by the government/s.

  Of course no one can tell us about the exact time of rise and fall of the price,  but we can analyze the market according to the movement of investors, when more people sell bitcoin it makes the price down, but when more people buys the price rises, in 2018 price was down so some people got stressed and they sold at panic so now they repent but price fell because of panic, I am hoping for fast recovery.

This is just like the season, where one of the Bitcoin seasons is highly sought after, and wherein one of the seasons Bitcoin is not searched for, it is sold on a large scale. And indeed, being able to return or raise the price is a return request from buyers on the market.

Yes, I do completely agree with your opinion on this topic. If the supply decrease then ultimately demand will increase for bitcoin. And this activity will help Bitcoin to gain their value.

Right ... There are many factors that can drive prices, not only because of the large demand or the inclusion of various angle and institutional investors, the price correction can also move the price which causes a decline to test the resistance support. The biggest influence in driving prices is the entry of investors or large demand in the market. regardless of the influence of whales or not. Withdrawal of funds or disbursement of funds by investors can also lead to drastic price reductions.

bitcoin's value in the market is directly controlled by the individuals who are using it, people create demand and supply in the market which affects the coins price. so if you see a price of the coin in one exchange then it can be slightly different on the other exchange as that different exchange has different demand and supply for its market. The best thing we can do is hold the coin in our wallets so if a lot of people buy some portion of the coin and hold it then it will create less supply and demand will start increasing in the market which will lead to a price increase.