Bitcoin Forum

why is Bitcoin moving down these days. Should we think its moving out of the market soon? pass out your veiws.

no, it's a temporary thing. You need to stop panicking, and I also advise you to better study cryptocurrency. Wait, pray and hope and the price will soon fly to the Moon

Market manipulation is currently floating through the market and your question that you will most likely put to realization will result with the satisfaction for the big players which are targeting the ones that are insecure and that are lowering the Bitcoins price with their dumps. The whale cannot crash the market alone but with the fear that is caused by its dumping, the whale can do everything. The result is in the end reinvestment of the big player in the same Bitcoin with the lower price and the accumulation for the future dump of the same. Be smart and keep your portfolio intact!

You can think of anything but no one will give you a specific answer. I think that those people who know when there will be growth do not write on the forum .

You trolls should really get a life. Want me to prove you wrong? On June 25 it was going up all day. How about that?


There are no such people! They won't give you an answer because they don't know. Some try to predict the price by analysing charts, some read the news, some join pump groups, some invest and hope for the best.

This happened before so dont worry. The market will rise up again. The probable reason for going down might be that all exchanges are upgrading their system or big whales are manipulating it. Whatever the reason the market will rise again thats for sure.

It is not "moving" out of the market. Goodness, you noobs just come here saying crap and not even know what you're talking 'bout. The current scenario, I assume is because of the bithumb hack. That caused a stir in the market, and people obviously are looking at opportunities to crash the price so that you panic sellers sell and day-traders buy. That is the brief definition of Trading 101 here.

The market just naturally fluctuates, the crazy peak around December '17 was driven by a bit of a media frenzy and by a lot of people wanting "in" on what appeared to be an endless rise. BTC's current level has been fairly steady for a few months now (hey, it's still a crypto currency - if 10% volatility scares you, buy gold instead...) and I see no reason to pull out now.

Sad to think that bitcoin was so far going down everyday but that is the reality so far nowadays and sad to think that people are also panicking and down by this downtrend and are continuously withdrawing their investment too which results to more price decrease.

Bad news, more people panic selling, less users buying, more players trading, pump and dump, keep buying and holding, we are the next wealthy gentlemen.

The value of bitcoin goes down, same is the market capital. None can do anything, we can just be a part of it and travel. Only the whales has the ability to manipulate to some extent. Something good as a massive adoption is a must for this time period so to have a bigger growth similar to the one that took place last year.

it's called a market cycle. one of the best explanations for this phenomenon was made by richard wyckoff (http://stockcharts.com/school/doku.php?id=chart_school:market_analysis:wyckoff_market_analy).

the figure entitled "wyckoff market cycle" gives the basic idea. applied to bitcoin: 2015-2016 was the accumulation phase. 2017 was the markup phase. 2018 is the markdown phase. no market goes up forever!

Its just going to the pre-fork price, so that we be convinced to buy bee-cash and then resume the fork drama. Without drama, bitcoin cant go up anymore.

this is a challenge for bitcoin where so many factors influence because this is evidence that bitcoin is still weak and easy to fall.

It will never move out in Crypto platform because all the altcoins are depends on Bitcoin once it will out in this forum total Crypto platform is closed. So think positive it a sudden break down again this will going to peak. You should analyse the Bitcoin potential day by day some companies are adopting the Bitcoin.

If we notice the chart of the bitcoin when they started 2018 they continue to decrease the price from 20k dollars to the current price which is 6000 dollars plus . Not always the price of the down because Im sure the price of the bitcoin will increase again.

we do not have to worry about lowering the bitcoin's value because it's like processing your bitcoin method high and lowering it as you can get the bitcoin price when you buy a lot of bitcoin and you can lower the bitcoin price if you sell it a lot.

Bitcoin goes up up and then comes down, it goes up and then comes down down down; that is what a decentralized market look like.
There are lot of big players, whales, fudders, hodlers, traders who affects Bitcoin one way or the other.
So expect more volatility in the market.

I think if you keep on questioning the price not going up the way you want, they its better if you get out of the market because common sense will tell you that no market can go on parabolic rise. Yes, we wanted to see bitcoin go on astonomical growth, but its not the way it is. Last year was a good year for all of us, however, we hit a rough road this year, regulations, FUD, crypto banning as some of the reason why bitcoin is going down. I guess you really have to understand how the market works before asking this kind of questions.

in my view this is just a temporary situation since the price goes down to 5k value last few days.  'cause it already made a small pump back to the final bottom price ( 6k ) which is more holders expecting a huge pump as well but unfortunately opposite happened,  but don't worry 'cause this fluctuation of price is just a correction again before it continue to surge , and for sure it will stay on this current value and will continue to climb on moth of july.

To be honest, you can not know if $6000 is the bottom, unless you own some awesome magic crystal ball.
I wouldn't be surprised if we see attempts to push the price down to 5k and below. Even if it should be just for a few hours.
I also could imagine to range in the 5k areal for a few months, as big guys and institutions would be dumb not to take advantage of this market right now and accumulate as much coins as possible. They all know that in less than 2 years the daily supply of new coins gets cut in half again. So now is the time the will buy and suppress the price as long as possible.

It's a bearish market and few buy orders that makes the prices moving down. I think this will not last longer as we can see again more green in the coming days. Don't push your panic bottom it's not the end.