Bitcoin Forum

hy all
What do you think could be  the problem of this sudden drop in market, everywhere is in deep red & how can volatile-ness in crypto market be reduced to the lowest minimum brim(like a bench-marked prize) ,please outline how this can be solved.

Volatility is the main feature of this type of market.  Like stocks market crypto market is driven by several forces.  Sometimes there may be some reasons behind the fluctuations but most of the times there may not be some solid reasons for the same.
Most of the times the market runs on rumors.  But the main forces behind the market movement are speculators.  the market will go the way they (speculators) want.

We look at the red market and tolerate! Cold mind and calm) the market can not always be red!

In this time market has run down again. It is temporary. I think It will raise in the end of the year. So you should not be worry about that.

There will be fluctuations in the market ofcourse. This is normal since bitcoin is volatile in nature. We can't expect for the value just to rise continuously.

I also think that the market will soon go down again.
Although some say that look, 10 percent growth ... nothing like this, everything will soon fall

I'm thinking. that since July 17, the bitcoin market and all crypto-currencies can breathe a little and relax there is a movement up and now the price is already 7500$ BTC. I believe that soon we will see positive news about bitcoin from different countries and the price will rise smoothly. I am very happy about this event.

The time has already begun, when the bull market will continue till the year ended before correcting during the first quarter of next year, history will repeat itself.

Haha, Yeah you're right. rising bitcoin price on July 17th making happy bitcoin holders. I myself feel it. on that day the bitcoin price increase is quite fast and today also bitcoin prices are quite stable, I think bitcoin prices will continue to rise.
I believe that bitcoin will fly to the moon, I just need to be patient and hold my bitcoin.

The market has gone up and down but mostly this year the market has gone down more compared to last year. But today it had tried to turn green though, maybe because bitcoin had increased also.

I think today was green enough :) Lets hope it stays this way

Go down and then increase and then back down. The market is unstable, but because the market is fickle you can make a profit.

It will be bounce back no matter what. The time has change the chart to turn into a massive bullish one.

we see the results in August, whether bitcoin prices keep going up or going down again, sometimes the market makes an illusion, now go up and everyone buy and suddenly the price drops, so wait for good news or bad next month

Market fluctuations going to happen everytime. We need to see the trend if it's bullish or bearish, and yes this year the market trend has come down.

The current increase is still the starting point of no enlightenment in the coming months, still risking to fall back quickly, hopefully this can continue until the end of this year it will be great for the spread of local media to push even further, whatever happens will not be avoided in return.

Like every time, the market has a rebound, there is a decline but not at the top forever

well in most cases market will not remains stable, so sometimes we have to especially now that the market is on red.

It can be happen. I am sure it will bounce back and roll.

Don't worry about it. This is temporary. It will raise up by the end of the year. Its normal.

Every things has some ups and downs. Its a nuture of all. Market will raise up at the year end. Don't Worry.

those are mostly corrections.
which means price drops each time there is a rise but the size of the drop is small and that is making the market healthy to be able to rise up more. you can see last year's charts for these drops.

Here is my opinion on the technical side of BTC. BTC update  The price of BTC is currently $8,160 USD and is up approximately 40% from lows seen back in June.

We are currently experiencing a period of sideways action which is common-place after such large market movements. With the rare exception, rallies which move this fast simply cannot sustain themselves over a long period of time without a cooling off period.

Often, the overarching and prevailing trend will resume but of course, the market can easily turn – we will be keeping watch.  Earlier today we did witness BTC break out of the consolidation zone and into the mid $8,200 region however, the price has since retreated after being rejected from the $8,300 resistance zone.

We did see a breakthrough of this resistance on the 25th but BTC has been unsuccessful in pushing through it again.  Price is now at an interesting point. BTC is residing at the lower end of the resistance zone and if it continues lower, we will be looking for a resurgence of buy volume at the $8,080 level.

Since the crypto currency market is still very young, we are seeing such a sharp increase in the growth and fall in prices. Over time, all by itself will be solved.

Yes its normal because bitcoin is volatile, it will increase and decrease but its unpredictable when will it increase or decrease. I suggest that as the market price of bitcoin is decreasing, buy more bitcoin and then hold it until the increase happen again. Just be patient on waiting for its increase, for you to earn big profit, to support your financial needs and wants.

Price fluctuation on bitcoin is normal due to its changibg supply and demand. Usually increase in supply due to panic selling causes its price to decrease. But thats normal. Dont be upset. Its price will still rise. Just be patient. And play on its price wisely.

Please take note that market fluctuation is part of the on going market adjustment for the cryptocurrency and the best thing for now to handle this case is just holding your cryptos while market is down. Instead you may start to buy more btc or altcoins at a lesser value. This is just how the crypto market works and it is very normal indeed and don't get frustrated for it will be back on track.

Yeahh the market has really gone down which i think it is quite normal these days but from the news that some crypto analysts are putting across saying that things might turn around beginning of August. What is really causing the frequent drop is the false information that people are spreading about the fall of bitcoin and the collapse of the cyrpto market. this has caused genera panic selling which of cryptocurrencies at a very cheap price.
Things might get better if we stop telling people all these information and let them know that cryptocurrency is strong which would bring on board more investors into the industry hence increasing the prices of digital currencies indirectly.

For me, there are 2 reasons why bitcoin price is increasing and decreasing; 1st is its because of its volatility, means that the price of bitcoin is changing rapidly and its unpredictable to know if its going to increase or decrease, and its normal; and yes 2nd is because of supply and demand. We cant stop people from panicking, i suggest that let them be, for them to know what is bitcoin, and what bitcoin can do, for them to know what is the right to do when the price of bitcoin drops again.

The market value is never constant, the price rise and down every moment. Now maybe the market price has dropped down but it will not last forever. Market prices will rise very soon. The religion of the market is price go up or less of value.
There is no reason to be concerned about this.

I think we dont need to worry about the huge fluctuation because thats the characteristcs of crypto investment and not all the time crypto are falling , most of the time is a huge increase.

Well for my best of knowledge I think the cryptocurrency market price works with the principle of demand and supply. The price of crypto market drop most times when there is a FUD which easily cause panic to the investors in such cause the supply will be more than the demand.

Market is Volatile, anything can happen at any given time during the trading market, price value of all ALT coins maybe affected by such drop, some may increase their price value dependent on the volume of investment by the investors in the market. this is the real nature of crypto market, it is unpredictable, it also react to both negative and positive news globally. But market correction follow after such hiccups.

If you see the market falling or turning into red it's only a temporary because after the dumping price we will see the market turn into green also. Better to relax and buy more coins while dumping price because if you panic you will see the marker will be worst also.

I think the problem again is the demand of bitcoin. Suddenly the bitcoin users are quit here on bitcoin because of the bitcoin price. Also the other users of bitcoin have own business they are content in the way they earn. Also the investors may affect the bitcoin's price, it depend on the investors. The bitcoin is volatile so we need to be not hot headed when using bitcoin.

Bitcoin prices can not be increased continuously. Volatility is the main feature of this type of market. I think prices will rebound in the next few weeks.

It's not new to us when the bitcoin is going down it is normal that is the game you have to wait when the rate is high again that's the time you have to exchange because the rate is unpredictable if it is going to up or down the only thing is you have to patiently wait for you to have a better benefits.

There is no such problem in this red market. Volatility is always part of cryptocurrency and the sudden drop because of the demand of crypto, buy and sell demand had a big role in this sudden drop. But we all know the bull run will start soon and the buying demand is starting to increase and maybe in no time it will recover. There is nothing to worry about this red market days, it will end soon.

I think we do not have to worry about this because it will not forever market down and I'm sure that the market will soon come back for a better price and this is the hope everyone holds bitcoin ;)

We don't need to worry about this, it always happen, and it's never like that it will always go down for a long time, it'll definitely bounce back. If you really want to earn, you don't need to be alerted by just a small loss, you need to keep your patience so you can earn some profit.

That is normal in the market,the ups and down trend and the fluctuation because crypto market is volatile,price of every coins rapidly change. Currently you don't need to get worried because market starting to recover specially the king of all crypto. We will see before end of this year market will become fruitful.

Let us not keep measuring the success of the cryptocurrency industry based on prices because as any normal market in any field,high and low prices will always come and go but if we start measuring our success as an industry by how far we gone in a way to get more adoption and usage for bitcoin all over the world ,then we are making great steps that can be called true success .The price either up or low should not bother us so much because one thing is sure that when we get more people in the adoption and usage,demand will be high and natural economic principles will give us the higher prices we so desire.

Yap as u said it's volatility occurred anytime all we have to do is to prepare cause we cannot control that forces to go down suddenly that affect the market price of cryptocurrency..

I have stabbed trying to understand the reasons of sudden growth or plunge a long time ago, because I would spend more time on the research than I could spend to recover my actives.

I dont see a problem if market often go down. When it goes down, that means it is your chance to buy them and add your holdings.
Crypto market is volatile, you can use the volatility to gaining profit by buying them when low. Later sell it with higher price, thats it.

I see the current price of crypto currency has shown a very good growth and growth, even starting to stabilize, this will be the beginning of the growth of crypto currency is very good, I am very waiting for this precious moment after so long

Just be patient maybe month this month will rise again

Always down of the market, last few day bitcoin have raised up to higher price but today back to lower price, we have hold and keep bitcoin or altcoin for several weeks because there are not really good moment to sell bitcoin or altcoin right now. We miss bitcoin can reached until $17,000 and hope can be back to the same price on this year.

I do not like to give forecasts, but I think that this price drop can last several years, as in 2013, we'll see...

Market will not always go red what we need to apply whenever the market is red is patient and not being panic, it is also and avenue to buy and hold to enable you get good gain when it is green again.

yeah. the price of the cryptocurrency in the market are in dropping rate again.but the dropping rate is slow compare to the last few months so there's a big chance that the market when rise up are in the bull run again. this is the climax now. so just keep more patience in ourself and I am sure that in the ber months the price of the cryptocurrency will explode and like the past year pice

Yes market down in month of july but now still stable.don't worry crypto markets always grow.

For me , it is just a price correction of the market. Because last year is one of the best bullish run of crypto in the market. So, let's expect that the correction will still spike until the end of this year. But for me, I really believe that the price correction of the market will end on this year.

Well this is not easy for us to down our market . but i don't losst hope for it . I know someday marrket will increase and also a bitcoin all we need is to wait for it.

Get used to it, we are used to this type of market whether it goes down or up it normally happens and we know that it's normal. But there are people that are looking to this type of market as something new and they never get used to it. Few moments that it goes down, they'll post and share their thoughts on how the market has been negative for today and will ask if its the end of the bitcoin and other crypto's as well.
When its less $100, expect that there will be post about "market down".

Yeah because of the news about Bitcoin ETF denied. But i have faith on you bitcoin that you will going to up again better that last year. So holders right there lets hold it will raise up by the end of the year.  ;D ;D

Hello. I think market will go up more , but after summer, and altcoins should go up and more stable than now. The key now is to wait and hold your coins.

You are talking about breaking the volatility of the cryptocurrency market, if that happens then there would be no interest of investors left in cryptocurrency market as they invest in the crypto because of its volatility and quick returns on investment. So it would break the market more if we try to make the cryptocurrency stable but if you like to invest in stable coins then USDT is your best bet.

This is good thing to do patience when the market has run down again. Even we can see market is not good this is normal price is low and high. So panic is not the solution rather hold it will rise again.

Most times during downtrends, there is always that psychological effect it ends up playing on some investors which makes them to bail out from the market when they just see the market showing signs on more downtrend and that is when we always hear the doomsday death scenario and the idea of that lasting for some months or years could suffice.

Nevertheless, I still want to hope that a lot has changed from the past years with reference made to 2013 by you, to present condition of the market and with that, we may not actually see the same long years of consolidation play out and if it does, well, we just have to accept things the way they come and use it really for what it is, which I believe with some patience will always turn out well when the bull kicks back in, because, they surely will.

In past few years, and I'm here for years, so many things happened. I always point out how much crypto community is bigger, we are growing every year, and that grow seems to be unstoppable. What is more important then that? Man power, and there is more and more of us who support crypto with everything we got.
Most downtrends people complain, when its rising people are in fever. Don't judge about crypto with emotions, it's technology on global market and there isn't space for emotions, hard work and knowledge have much Kore weight. People talk about recover, but actually we have great price at the moment, and fluctuations that have couple thousands range, it's good for people who like to risk, it's good for people who bought years ago, now this new millionaires invest more in technology. Everything is still working with full power and great times are ahead of us.

Not really. A drop in the value of only one coin in July market cannot be regarded as a drop in the market. Market runs down only when the coin looses its stability or the demand for a particular coin decreases.

Since the drop in the value of Bitcoin was recovered shortly after the fall was witnessed, we can say that the rising trend is more accelerated than the down trend. Moreover, the future of the crypto looks way too good because of the ever increasing demand.

The price of bitcoin is been control by many factors and of a truth we should learn to be used to how the market behave by now.  When the demand for bitcoin is increasing we should always expect that price will increase and when it is decreasing will should also expect it to decrease.

we need to make demand higher than before.and money flow into cryptomarket increase sharply.and most of them used to buy bitcoin.if this can happen i am sure bitcoin price will soar again.

   What do you think who gave merits to creator of this thread? Is it possible that someone
merited something like this?
   If you give it a thought you will understand how many stupid people there are. Now you
see how big support this stupid people have.
   That`s why we have price drops, cause to many stupid people doing stupid things. They
buy when they need to sell, they sell when they need to buy. But all of them blame crypto-
currencies for their mistakes.

I think it's very normal because at this time there is still no good news that can trigger a rise in price of bitcoin and cryptocurrency in the exchange, when it is there it will be very easy to ride.

I am not sure what caused it tho. I think the price is recovering a bit like you said and we can't just call it a return to bear market however we don't know what caused the drop at all. Hence we can't be sure what will happen next without knowing what happened before.

If the price goes down once again and than goes to $6k or what not we will just stay and watch like its some sort of horror movie. We need to figure out what causes this incredible drops so we can actually stop these from happening. We need to figure out who sells coins for what reason when these happens to actually participate before hand and get ready for these downs. However causes these sudden drops they do manage to keep it a secret for a good long time.

We can't stop it bro. We are small fishes we can't do anything else then watching what's going around. Those who are manipulating the prices are super powerful. It's a battle between all these old whales and the newly entered institutions. It's a fight for the power between them and Bitcoin is vulnerable to these people. The existing whales are trying to push these organisations and institutions to hold their monopoly in the system.
Note: above is my personal opinion, there may be some other reasons for the price to go downwards.

a few days ago bitcoin price increased and reached the price of $ 8500, but now the price of bitcoin back down to the price of $ 7600. this situation deceived many people.

There is nothing to solve, a low price is not always a sign that something is wrong, many people are incredibly upset by what it is happening but they were not upset when the price of bitcoin touched 19k despite the fact that was clearly a distortion in the price of bitcoin and that it was going to be impossible to maintain it, your only option is to wait until things get better, I know that is not the most comfortable thing to do but it is the only way to make money with a low risk.

We can't go up and up and up without a major or minor correction. That was expected to many people especially traders. But look at the positives now we have got more power to go up in price action.

Yes it was not expecting from the bitcoin price, that it will again come back to that level, but I think that now bitcoin is getting a good support from the investors and therefore bitcoin price is not going stay at that level for a long time. I hope that very soon it will again start increasing and will reach to 10000$ very soon.

Market of Bitcoin has run down and we have seen that Ethereum has also dropped from 420 to 418 US dollar so this is in benefit if we buy a lot in their low markets and wait for it to go high because these two coins have a lot o potential to achieve any highest possible value. Now Litecoin has increased by few points which are also good if someone has in large quantity then he is in benefit but that is not too much benefit as much you can make here in Bitcoin’s investment.

Correction! That is what is happening. Also, we are still in a bear trend, and I expect that most people should know that better by now that there is really nothing to be getting oneself worked up knowing how volatile the market can be. However, the altcoins are actually beginning to give some upward boost which looks to me like a good sign if they actually get to bring about some good impression for smart money to kick in and then possible FOMO from them. At least, that would be a chance to increase one's btc portfolio.

Well that's why we should all be able to determine a bull run from a normal rise so we can properly manage our expectations. A single fud or a news that looks negative enough can and will trigger a correction.

Indeed, this correction would create an opportunity that could help everybody to survive despite of the current challenges we've been going through. We should be able to determime the right time for when we will sell our coins, and learning can be a definite choice to have right now. Those fud and fake news isn't the reasons why it happened but most certain was our trust and faith at all.

it is normal price moves up and down.after rise from around $6000 , and reach $8500 now bitcoin down again to $7000. many chartis said this is just a correction.dont worry about it.

I think this digital currency has no fundamental value. also due to increasing investor concerns about tightening regulations, banning cryptocurrency ads on social media and some banks that prohibit the use of credit cards to buy Bitcoin Cs.

the most important price fluctuations were due to the volatility of the use of the crypto market, a few days ago the increase in bitcoin prices occurred and it turned out that it only lasted for a while and in the end the price dropped again. The decline in bitcoin prices was triggered by a massive sell-off due to the many bad news that later hit the cryptocurrency industry.

I tried to read some of the latest news that turns out that some countries that reject or accept bitcoin are increasing so that the market volume is decreasing and has an impact on the decreasing price of bitcoin itself.

The current situation in the market is really unfortunate. Extreme market volatility is being experienced in the market. As users and investors, we can't really do something about it but to hold and avoid selling. Volatility is in nature of cryptostherefore, in order to avoid profit loss, avoid selling due to panic because the market dumps are just temporary and recovery would always happen.

I just stay quiet and calm, maybe because on the current month is unstable price fluctuations, therefore I just monitor the market situation and certainly at any time prices will not go down and there will definitely be more increases, maybe there I will seek profit although a little risky

We are currently trading far below $7000 bitcoin can go as low as it wants as no one knows, but we can only estimate the worst case scenario which in this case, I may consider the range of $6500 to $6300 before a bounce, still an assumption. Honestly I would not actually be surprised at all if we get to see the price go as low as this.

So far, we have seen the behavior of the market as it tends to move downward most of the time, and the fact that we are still in a full bear trend. The possibility of moving below $6000 is not seeming and I would not be surprised if we get to see a new ATH before the end of this year. However, time and trend is all that we have to know how the market would end up fairing as time goes by.

I would say so. i don't think price will be down more below $6,000. Maybe this bear trend was impact about last ETF rejection news, but I don't see this will make the market fall even further in this. Is this a correction? Maybe. Because in last month, i've seen prices hit the lowest point at $6,200, and then it was bounce back only needs 2 weeks to become $8k. So, It could be this is a discount opportunity to buy more Bitcoin at a low price.

Yeah, it's getting down again after the run of $8k. To make myself not sad, i'm just thinking maybe the price is just getting ready for a great bull run. I really thought, it will continue until $9k-$10k before having a fall again but the opposite happen. Hope good things will happen in the Ber months.

it looks like the condition of bitcoin prices has decreased and this is bad news because I believe a lot of people are trapped at very expensive prices and that is very much detrimental to many people.

Indeed, all of us are eager to wait for the cryptos to come at least partially to the values they had at the end of last year. The positive messages have been more than enough in recent days. The negative impact on the bitcoin price may indeed have many factors. I mean these factors - the Winklevoss ETF's rejection and manipulation. Another factor why bitcoin does not grow - people still believe that bitcoin may fall to the 5000 limit, up to $ 4000 /of course, everyone wants to buy/. Cryptos may surprise us and growth will begin soon without a big dump. However, no one would give a hand to the fire. Maybe we'll be surprised what bitcoin and the other cryptos will prepare for us.

The current market does not favor bitcoin and other altcoins and all the market is red. I don't think it is recommended for one to keep buying in such a market but hope one can hold on for a while.

Hope that your expectation about bitcoin price will comes true and we will not see the bitcoin price trading below 6000$. Hope that traders will give good support to bitcoin at that level and they will not let the bitcoin price to dump anymore.

In my own opinion, it was not a sudden drop, people tend to sell their coins every time the market price is dropping due to panicking since some of them are not well knowledgeable about how the system in the market works.