Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: namqnvn9 on January 14, 2019, 09:07:17 PM



Title: The market is recovering or just adjusting to the price . news
Post by: namqnvn9 on January 14, 2019, 09:07:17 PM
The market is recovering or just adjusting to the price .
 today there was a sharp increase in the return of the coins .
https://coinmarketcap.com/
 follow news update 24/24 . Expect the real recovery of btc
15/ 1 /2019
1   Bitcoin Bitcoin   $64.883.744.519   $3.711,49   $5.565.385.079   17.481.875 BTC   4,35%    sparkline   
16/1/2019
Bitcoin Bitcoin (BTC)
$3.677,23 USD  $5.477.937.979   17.483.387 BTC   -1,15%
still squirming around : 3k5 >> 4k  :-\ What we need is more blue  rather than red .
waiting for milestones : 4k5 >>5k . :
17/1/2019
   Bitcoin Bitcoin   BTC   $3.652,58   $5.414.513.346   17.485.087 BTC   -0,52%    sparkline
I think we have temporary stability . It still revolves around price 3k6 after 48 hours
18/1/2019
Bitcoin Bitcoin   $64.122.329.666   $3.666,92   $5.448.086.115   17.486.700 BTC   0,51%    remained at (3k6)
19/1/2019
Bitcoin Bitcoin   $65.463.183.891   $3.742,96   $5.435.214.857   17.489.687 BTC   2,43% Blue appears


Title: Re: The market is recovering or just adjusting to the price . news
Post by: avikz on January 14, 2019, 10:49:17 PM
The answer is " no one knows for sure".

Even if you find someone answering to your question, consider their answers as speculation. You must on bank on other's speculation!


Title: Re: The market is recovering or just adjusting to the price . news
Post by: s1lverbox on January 14, 2019, 10:52:33 PM
The answer is " no one knows for sure".

Even if you find someone answering to your question, consider their answers as speculation. You must on bank on other's speculation!

Rebounds like today are normal. I wouldnt be so optimistic for next few months. Definatelly long term we all good ,whe ever accepted crypto is the future.

@avikz is right. No one will know for sure where we are with all this,. Only MM knows and whales. They playing us all.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: richminded on January 14, 2019, 11:18:55 PM
The answer is " no one knows for sure".

Even if you find someone answering to your question, consider their answers as speculation. You must on bank on other's speculation!

That’s true. Maybe we are recovering from a bull trap, but still no one knows. This can be the start of a real pump or another pump after fall. Everything is just an speculation right now, so better to wait for the real volume to come and don’t make any big move for now.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: PuertoLibre on January 14, 2019, 11:28:37 PM
The market is recovering or just adjusting to the price .
 today there was a sharp increase in the return of the coins .
https://coinmarketcap.com/
 15/ 1 /2019
1   Bitcoin Bitcoin   $64.883.744.519   $3.711,49   $5.565.385.079   17.481.875 BTC   4,35%    sparkline   

2   XRP XRP   $13.694.395.837   $0,333681   $572.190.989   41.040.405.095 XRP *   5,03%    sparkline   
3   Ethereum Ethereum   $13.444.259.570   $128,81   $2.742.753.619   104.374.274 ETH   10,44%    sparkline   
4   Bitcoin Cash Bitcoin Cash   $2.348.843.026   $133,71   $212.240.276   17.566.488 BCH   7,24%    sparkline   
5   EOS EOS   $2.234.339.698   $2,47   $760.685.929   906.245.118 EOS *   9,46%    sparkline   
6   Stellar Stellar   $2.095.802.407   $0,109577   $115.717.095   19.126.369.843 XLM *   5,53%    sparkline   
7   Tether Tether   $1.995.788.342   $1,02   $4.067.490.029   1.953.377.857 USDT *   0,09%    sparkline   
8   Litecoin Litecoin   $1.943.118.764   $32,37   $595.367.370   60.019.850 LTC   6,32%    sparkline   
9   TRON TRON   $1.644.542.329   $0,024675   $416.964.131   66.649.208.857 TRX   15,89%    sparkline   


Small movements are not considered as recovery that happens with big candles depending on the caused event. Speculation is root of all evil and this  numbers don't mean anything for experienced trader.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: Nhor1011 on January 14, 2019, 11:30:45 PM
The market is recovering or just adjusting to the price .
 today there was a sharp increase in the return of the coins .
https://coinmarketcap.com/
 15/ 1 /2019
1   Bitcoin Bitcoin   $64.883.744.519   $3.711,49   $5.565.385.079   17.481.875 BTC   4,35%    sparkline   

2   XRP XRP   $13.694.395.837   $0,333681   $572.190.989   41.040.405.095 XRP *   5,03%    sparkline   
3   Ethereum Ethereum   $13.444.259.570   $128,81   $2.742.753.619   104.374.274 ETH   10,44%    sparkline   
4   Bitcoin Cash Bitcoin Cash   $2.348.843.026   $133,71   $212.240.276   17.566.488 BCH   7,24%    sparkline   
5   EOS EOS   $2.234.339.698   $2,47   $760.685.929   906.245.118 EOS *   9,46%    sparkline   
6   Stellar Stellar   $2.095.802.407   $0,109577   $115.717.095   19.126.369.843 XLM *   5,53%    sparkline   
7   Tether Tether   $1.995.788.342   $1,02   $4.067.490.029   1.953.377.857 USDT *   0,09%    sparkline   
8   Litecoin Litecoin   $1.943.118.764   $32,37   $595.367.370   60.019.850 LTC   6,32%    sparkline   
9   TRON TRON   $1.644.542.329   $0,024675   $416.964.131   66.649.208.857 TRX   15,89%    sparkline   


Nobody can predict exactly what will be the value of crypto for this year if that is the beginning of bull run or just a temporrary hike. Well,let's see next few weeks what will happen to crypto market than to predict.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: Andam76 on January 15, 2019, 12:11:25 AM
no one can answer your question ... we can only wait for the crypto price to rise ... many predict this year the price will improve, we wait until the time comes


Title: Re: The market is recovering or just adjusting to the price . news
Post by: Callanta787 on January 15, 2019, 05:06:01 AM
All you are going to get are just speculations ,no one knows what isbyet to come and how ,the market will recover but when ? That's what we don't know,its all about waiting and see what happens


Title: Re: The market is recovering or just adjusting to the price . news
Post by: Herbert2020 on January 15, 2019, 06:05:15 AM
you have to consider two things when looking at all these prices.
1. zoom out and look at a longer period of time instead of only checking the past 24 hours. in which case you can see that most of these altcoins had a serious dump in the past week or so and that is the main reason for their rise of that day
2. check if that altcoin is actually being pumped. for instance in case of ETH the 10-12% rise was because it was getting pumped using the fork hype which died off and ended soon.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: anafiene on January 15, 2019, 06:12:03 AM
The market recovery cannot be said if only looking at market movements in a day, this is only limited to arguments that must be addressed. I think the market recovery cannot be predicted correctly but seeing the volume that occurs we can judge for ourselves. Maybe with a variety of positive information about bitcoin will have a good impact on its development.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: Pursuer on January 15, 2019, 06:28:07 AM
this to me looks more like whales who are trying to test the market and see how are things going after their huge dump of the past month. we are currently in ATH of manipulation while most traders have exited the market to keep their money safe from whale manipulator/accumulators.

the situation won't change, and will remain mostly meaningless until we start entering some logical trends that can be explained and also when the traders come back to the market when they feel safer.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: kelz1 on January 15, 2019, 07:31:11 AM
Some whale is probably manipulating the market again, so far it has worked as there is a slight rebound in the price but it is not known if the price will hold or if the bears will take back control


Title: Re: The market is recovering or just adjusting to the price . news
Post by: Andruha1993 on January 15, 2019, 07:57:40 AM
A small price jump still says nothing. Today the price has risen, and tomorrow has fallen. Therefore, so far it is difficult to expect something, you need to wait and watch.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: ShadowBits on January 15, 2019, 08:01:05 AM
The market is recovering or just adjusting to the price .
 today there was a sharp increase in the return of the coins .
https://coinmarketcap.com/
 15/ 1 /2019
1   Bitcoin Bitcoin   $64.883.744.519   $3.711,49   $5.565.385.079   17.481.875 BTC   4,35%    sparkline   

2   XRP XRP   $13.694.395.837   $0,333681   $572.190.989   41.040.405.095 XRP *   5,03%    sparkline   
3   Ethereum Ethereum   $13.444.259.570   $128,81   $2.742.753.619   104.374.274 ETH   10,44%    sparkline   
4   Bitcoin Cash Bitcoin Cash   $2.348.843.026   $133,71   $212.240.276   17.566.488 BCH   7,24%    sparkline   
5   EOS EOS   $2.234.339.698   $2,47   $760.685.929   906.245.118 EOS *   9,46%    sparkline   
6   Stellar Stellar   $2.095.802.407   $0,109577   $115.717.095   19.126.369.843 XLM *   5,53%    sparkline   
7   Tether Tether   $1.995.788.342   $1,02   $4.067.490.029   1.953.377.857 USDT *   0,09%    sparkline   
8   Litecoin Litecoin   $1.943.118.764   $32,37   $595.367.370   60.019.850 LTC   6,32%    sparkline   
9   TRON TRON   $1.644.542.329   $0,024675   $416.964.131   66.649.208.857 TRX   15,89%    sparkline   


Maybe it is just recovering very slowly since the market can't always go down and it needs to go up sometimes. Preferably buy now since all coins are cheap and wait for all to recover.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: Red-Apple on January 15, 2019, 11:33:21 AM
Some whale is probably manipulating the market again, so far it has worked as there is a slight rebound in the price but it is not known if the price will hold or if the bears will take back control

it is too small to be manipulation! in fact it is less than half of what it should be (at least 10%) to even be considered a discussion-worthy movement. on other words you don't even open a topic when bitcoin price moves 4% specially when it is still far above the support line.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: sudeshkumar on January 15, 2019, 12:57:51 PM
It is range bound neither it is recovering nor it is adjusting prices are stable in between 3500$ to 3800$ shows lack of interest in the market by fresh entrants probably daily regular traders are trading so no widespread rally of prices is seen.And it will remain continue until or unless new cues for the market to rise are available.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: Shiversnow on January 15, 2019, 02:22:14 PM
The few changes in the price in market is just a few spike but we do not know if this thing is the sign of recovering. We can't say that this kind of movement of the price will start the recovery of the market but I hope the recovery of market will start soon so we can gain again all our losses.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: Blocktopian88 on January 15, 2019, 02:45:41 PM
I suppose may be both, because everything is like a wave, up and down, this is for recovering. Besides, the price of Bitcoin in late 2017 was hyped too much, it deserves an adjustment.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: ngusmin on January 15, 2019, 02:57:56 PM
No one knows for sure, it could be a recovery and could increase gradually, or just become a trap and later it will come back down. This condition is still unstable and can only make predictions in difficult times at this time.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: Magkirap on January 15, 2019, 03:22:30 PM
A small price jump still says nothing. Today the price has risen, and tomorrow has fallen. Therefore, so far it is difficult to expect something, you need to wait and watch.
For a certain thing like this we do not sure if the small rise of the price will be the key for full recovery of market and do not expect too much especially in this situation of market where the price is still in the bottom.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: wewe123 on January 15, 2019, 03:42:20 PM
No one knows for sure, it could be a recovery and could increase gradually, or just become a trap and later it will come back down. This condition is still unstable and can only make predictions in difficult times at this time.
We could not hold about the many predictions made by some members or non member of the bitcoin and cryptocurrency but for good ,we hope that the rise predictions of the coins in the market is going to be real and continue to grow until such time it willl recover.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: BrewMaster on January 15, 2019, 04:07:30 PM
a "market recovery" is going to happen when the bitcoin price has reached at least $6000+ and it can be considered out of this undervalued state when it goes above and ends at $9k.

otherwise going from $3500 to $3600 is not a "recovery" just as going from $3600 to $3500 is not a market dump and end of all things!

what you should realize is that two things are important in every rise and fall: the size of it and whether we are passing a major number or not. and this has been neither.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: Llaux on January 15, 2019, 04:53:25 PM
Finally some green and I hope this continues like this. We have more products coming out and hopefully they will bring some positive mood to the market.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: aad140386 on January 15, 2019, 05:41:15 PM
A week ago, it seemed to me that a growth in the region of $ 5,000 for Bitcoin is quite probable, but now I strongly doubt it. it seems to me that the price will smoothly fall to the bottom support line of the 200 EMA, and then after a long trade, it will break it down. I am waiting for Bitcoin in the region of 2000-2500 by the end of February. (But I really hope that my forecast will not come true and there will still be growth in the region of $ 5,000. Then it will become much easier to grow further. Psychologically, the market will look much better and people will again be able to believe in Bitcoin.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: tomahawk9 on January 15, 2019, 06:35:22 PM
I wouldn't call it a recovery, those numbers, 6% or 4% increase in the price, are usual price fluctuations so it's hard to draw any conclusions from that. We can only speculate, IMO I think the market will still go sideways for the rest of Q1 at least between the 3.2k and 4k range because there aren't many fomo inducing events that could push the price further up to break the last resistance level (around 4.2k), so we have to get used to this boring phase where not much happens.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: dewildance on January 15, 2019, 06:38:23 PM
The market is recovering or just adjusting to the price .
 today there was a sharp increase in the return of the coins .
https://coinmarketcap.com/
 15/ 1 /2019
1   Bitcoin Bitcoin   $64.883.744.519   $3.711,49   $5.565.385.079   17.481.875 BTC   4,35%    sparkline   

2   XRP XRP   $13.694.395.837   $0,333681   $572.190.989   41.040.405.095 XRP *   5,03%    sparkline   
3   Ethereum Ethereum   $13.444.259.570   $128,81   $2.742.753.619   104.374.274 ETH   10,44%    sparkline   
4   Bitcoin Cash Bitcoin Cash   $2.348.843.026   $133,71   $212.240.276   17.566.488 BCH   7,24%    sparkline   
5   EOS EOS   $2.234.339.698   $2,47   $760.685.929   906.245.118 EOS *   9,46%    sparkline   
6   Stellar Stellar   $2.095.802.407   $0,109577   $115.717.095   19.126.369.843 XLM *   5,53%    sparkline   
7   Tether Tether   $1.995.788.342   $1,02   $4.067.490.029   1.953.377.857 USDT *   0,09%    sparkline   
8   Litecoin Litecoin   $1.943.118.764   $32,37   $595.367.370   60.019.850 LTC   6,32%    sparkline   
9   TRON TRON   $1.644.542.329   $0,024675   $416.964.131   66.649.208.857 TRX   15,89%    sparkline   


I am not sure that it is about recovering. Almost everyone is talking about new price decline. They expect under 2K. It is not cool but I wonder if it possible.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: mich on January 15, 2019, 06:43:00 PM
Plus 5$ billion over night with market cap of 120$ billion
Source: https://www.newsbtc.com/2019/01/15/crypto-market-wrap-minor-recovery-in-5-billion-bounce/
BTC price 15% since last months big dump
Would not call this a recovery but its better we talk about a increase not a small decrease


Title: Re: The market is recovering or just adjusting to the price . news
Post by: namqnvn9 on January 15, 2019, 07:23:57 PM
If the market continues to fall ,  dumping will continue . It's hard to recover the market this year . :-\


Title: Re: The market is recovering or just adjusting to the price . news
Post by: akram143 on January 15, 2019, 07:50:03 PM
Plus 5$ billion over night with market cap of 120$ billion
Source: https://www.newsbtc.com/2019/01/15/crypto-market-wrap-minor-recovery-in-5-billion-bounce/
BTC price 15% since last months big dump
Would not call this a recovery but its better we talk about a increase not a small decrease



Still the market will not recover from the price drop because it is a huge fall for Bitcoin to be get back to the normal position so people are still waiting to be the value of growing to the Bitcoin and making more stronger cryptocurrency field but the recovery will happen to be for long period of time.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: YOSHIE on January 15, 2019, 08:05:01 PM
Market movements always change at any time, seconds, hours, and days, can't guess exactly the conditions in which prices rise and fall,
well if you play trading or investment don't forget to analyze the circulation of selling and buying prices through charts, and news of market conditions today and tomorrow.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: Denton on January 15, 2019, 08:36:43 PM
Now is the most uncertain time in the market. I don't think even the SEC decision can save us. Perhaps the market will not react to this or react in the wrong direction. It's really hard to imagine what will happen next. We just have to wait.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: namqnvn9 on January 15, 2019, 08:56:20 PM
We wait, a whale begins to attack it will have strong price fluctuations .  :-X :-X We will  know the price will continue to decrease or increase again .  usually a big hit  ;) ;) During this time, be patient and wait ..


Title: Re: The market is recovering or just adjusting to the price . news
Post by: cahbagus555 on January 16, 2019, 01:37:31 AM
I think its still hard to analyse cryptocurrency movement these days. I am just hoping its just correction before start bull run. I am still holding my coin and i am believe the market will recovery soon


Title: Re: The market is recovering or just adjusting to the price . news
Post by: anggi on January 16, 2019, 03:18:50 AM
I think its still hard to analyse cryptocurrency movement these days. I am just hoping its just correction before start bull run. I am still holding my coin and i am believe the market will recovery soon
for now, the price of cryptocurrency is still adjusting prices after declining at the end of 2018. well, maybe in early 2019 we see that price recovery is happening. however, at this time the price has returned to being unstable. of course we all hope that we can immediately see the price of crpyto which is rising high.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: Mighty_crypt on January 16, 2019, 08:55:00 AM
We all know that cryptocurrency is so unpredictable ,after sitting and thinking everything through with enough investigation about crypto a question pop up in my head 'who knows when the next bullrun will come?' I guess no one knows ,every news about future growth based only on speculations and that's just it. Looking at your portfolio everyday will only increase your worrys ,I guess its better to just lock your coins away and move on for a long time


Title: Re: The market is recovering or just adjusting to the price . news
Post by: Disaster435 on January 16, 2019, 08:58:48 AM
We are still far away from a recovery phase. The bottom isn't found yet. The recovery will follow the bottoming in, so we must bottom in first.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: bitbunnny on January 16, 2019, 09:13:45 AM
I think that it's still too early to say that market is recovering. Some positive movements could be observed but that is still not even close to the situation we had before. When price will be rising more than a month in a row, when the price cross 6000$ again and investors wake up from their sleep we could say that market is in recovery phase. But that takes time and we have to be a little more patient.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: Harkorede on January 16, 2019, 09:18:16 AM
A small price jump still says nothing. Today the price has risen, and tomorrow has fallen. Therefore, so far it is difficult to expect something, you need to wait and watch.

Every price of bitcoin since a few weeks till date now has been very temporary, Just a slight difference on either positive or negative only show a kind stability rather recovery, For it to be considered as recovery it should at least hit the 5k - 6k range.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: bit-freedom on January 16, 2019, 09:21:15 AM
It is hard to say whether the market is recovering or this is just a bull trap at this moment. We have to watch the market further to see whether the direction changed. Meanwhile, stay safe trading. 


Title: Re: The market is recovering or just adjusting to the price . news
Post by: Permabull on January 16, 2019, 09:29:05 AM
A breakout above $6000 will be a sign of recovery. But that's almost impossible for 2019. 2020 will be a year of recovery.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: arifteguhr on January 16, 2019, 09:45:15 AM
It is hard to say whether the market is recovering or this is just a bull trap at this moment. We have to watch the market further to see whether the direction changed. Meanwhile, stay safe trading. 
it is difficult to say that market prices have risen. and especially with uncertain prices that have fluctuated which can go up and down quickly. and cannot be ascertained.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: umar22pk on January 16, 2019, 11:35:13 AM
Difficult to predict about price of bitcoin but if we look at market than we can see some minor dumps & pumps, which shows that price of bitcoin trying to stable.
So we can say market is not just adjusting but trying to recover as well & will recover soon.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: shoreno on January 16, 2019, 02:00:38 PM
so far i dont see any recoveries yet because what i only see is still a dump market and btc is still stuck but this cant go for too long  . i mean the price was predicted to increase in the next fewer weeks and months due to some positive news  .  

It is hard to say whether the market is recovering or this is just a bull trap at this moment. We have to watch the market further to see whether the direction changed. Meanwhile, stay safe trading. 
it is difficult to say that market prices have risen. and especially with uncertain prices that have fluctuated which can go up and down quickly. and cannot be ascertained.

its not a bull trap because as i said earlier the price are still stagnant   .

Quote
it is difficult to say that market prices have risen.

by looking at their current value  , we can say that they arent increasing yet  but if we compare it with the past value back from the beginning when the first crypto was discovered i think this more better and we can say that cryptos have improved alot  even though they loose some of their major gains  .


Title: Re: The market is recovering or just adjusting to the price . news
Post by: gabmen on January 16, 2019, 03:19:49 PM
It is hard to say whether the market is recovering or this is just a bull trap at this moment. We have to watch the market further to see whether the direction changed. Meanwhile, stay safe trading. 
it is difficult to say that market prices have risen. and especially with uncertain prices that have fluctuated which can go up and down quickly. and cannot be ascertained.

Lol. Risen where? The only rise we've had for this year is up to 4.1k which didn't take long to drop back to 3.5k. I don't see any recoveries happening yet at least for the rest of january. Still i'd want to be positive for this year.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: namqnvn9 on January 16, 2019, 07:33:00 PM
I think we have temporary stability . It still revolves around price 3k6 after 48 hours . Waiting for price fluctuations to occur again
The good thing here is that it doesn't drop any further


Title: Re: The market is recovering or just adjusting to the price . news
Post by: amonymous on January 16, 2019, 07:59:33 PM
No one knows about think,when it will possible to around Bitcoin 3.6k$ something.im fact one step bitcoin price can go a long way increase,then it can go decrease.grow more huge price for the investor and holders people.so if this two think increase day by day then absolutely Bitcoin price going up.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: iceman77 on January 16, 2019, 08:55:18 PM
Absolutely not recovering, the bottom isn't even in yet.  I don't know what everyone on this forum is such a permabull.  Ever since 19k all the way down to 3500 you guys have been saying buy the dip.  


Title: Re: The market is recovering or just adjusting to the price . news
Post by: adhirahman64 on January 17, 2019, 06:26:08 AM
it is difficult to predict with some hackers breaking into large markets this month


Title: Re: The market is recovering or just adjusting to the price . news
Post by: susila_bai on January 17, 2019, 06:44:54 AM
it is difficult to predict with some hackers breaking into large markets this month


Even with large hackers hacking the market is not reacted so much, because hacker wont sell it immediately hacked coins so it will take time for the market to react. So right now the market is dead as their is not much movement.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: Cicihorlhorla on January 17, 2019, 09:01:30 AM
Wonderful


Title: Re: The market is recovering or just adjusting to the price . news
Post by: Ava Duvall on January 17, 2019, 12:41:47 PM
If the market continues to fall ,  dumping will continue . It's hard to recover the market this year . :-\
You are right , but on the other hand a lot could happen. things change and progress and the market could be better. lets hope for that.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: speeder on January 17, 2019, 12:53:41 PM
For quite some time BTC has been stable and has risen around the price of 3500-3600.Now..i think that Bitcoin will continue being stable and i don't think that it will fall again soon, or at least i hope so.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: esetop01tryba on January 17, 2019, 01:24:35 PM
I highly doubt that bitcoin has started to recover. Let's look at bitcoin and its growth in the history of its existence. Bitcoin will not grow dramatically, it needs time. Perhaps now he has taken a stable position and I think that he is in an uptrend.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: ballerin and giroud on January 17, 2019, 01:30:56 PM
It is hard to say whether the market is recovering or this is just a bull trap at this moment. We have to watch the market further to see whether the direction changed. Meanwhile, stay safe trading. 
Every time the price of bitcoin has increased dramatically, after that the price of bitcoin has declined again. But I will not call it a bull trap, because most of the price movements of bitcoin in the past year and up to now are like that. Most likely these factors are motivated by investor confidence gradually decreasing, they will always be careful each price increases and thinks for a short term investment.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: fianaindriati on January 17, 2019, 01:42:08 PM
it is difficult to predict with some hackers breaking into large markets this month


indeed the BTC situation is difficult to predict, because the more here the situation is not improving ... but for me this situation certainly will eventually recover with the passage of time that is always spinning ... because sometimes a hacker will not always succeed ...


Title: Re: The market is recovering or just adjusting to the price . news
Post by: Dreamchaser21 on January 17, 2019, 01:46:34 PM
For quite some time BTC has been stable and has risen around the price of 3500-3600.Now..i think that Bitcoin will continue being stable and i don't think that it will fall again soon, or at least i hope so.
Yeah, its stabilizing on this level and its good if we don’t hit the dump price again. The market is trying to recover, its not easy to do that and let’s just wait for the market to succeed. I’m quiet waiting for some signal so I can invest again, maybe I need to wait for more months before I can see that sign, well I know it can be worth it.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: Valer4ik on January 17, 2019, 04:02:45 PM
When approaching the 6000 so will pour from all the buckets that mom do not worry. If we see 5200, this is the theoretical limit. In fact, the maximum somewhere on the 4200 is expected, if you're lucky. With the subsequent search for a new bottom.

Well, this is my IMHO, of course. I have already listened to the "advisers", which were all at a loss, I still have the cue ball, bought for 4,500 as early as September 17th. More precisely, I merged them at 18 and bought them (on my head) at 16))) And now I took a little "for averaging" over 3500, and I want to merge these into breakeven or insignificant + in order to average "cheaper".


Title: Re: The market is recovering or just adjusting to the price . news
Post by: Snyderfx2 on January 17, 2019, 05:05:25 PM
Great information and of course it is true the market has started to recover and progress than in the past and it should be because few years back bitcoin was just a trading asset for traders and investors who used to make quick money and nothing productive was done using it but now if you search the internet there are many options and facilities to use or pay using bitcoin and that is strong evidence that bitcoin is going on a successful path and if investors are smart they should understand this is the best time to invest to make profits


Title: Re: The market is recovering or just adjusting to the price . news
Post by: Eildosa on January 17, 2019, 08:00:29 PM
It was just a minor price jump. It is too early to talk about recovery. Prices are trying to raise in different ways and release news that could affect them. But unfortunately it is only temporary, then prices begin to fall again.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: namqnvn9 on January 17, 2019, 08:18:58 PM
It was just a minor price jump. It is too early to talk about recovery. Prices are trying to raise in different ways and release news that could affect them. But unfortunately it is only temporary, then prices begin to fall again.
Nothing is foreseen. The price may drop also can increase strongly . now it tends to be less volatile . we keep watching.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: gabbie2010 on January 17, 2019, 08:20:34 PM
To me the market had been stagnant with no noticeable improvement or increment in the price even with your price analysis the percentage increase is nothing to write home about except a fundamental news happens I don't think the price will pump and break the resistance at $4k.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: namqnvn9 on January 17, 2019, 08:27:54 PM
To me the market had been stagnant with no noticeable improvement or increment in the price even with your price analysis the percentage increase is nothing to write home about except a fundamental news happens I don't think the price will pump and break the resistance at $4k.
Now there is very little information about it. Even press pages have nothing to write for us to see .
news:
Another week has passed in cryptocurrency land, during which most digital asset markets have been consolidating tightly into a downward triangular pattern. At the moment, the entire crypto economy of all 2,000+ assets is hovering at about $120 billion with around $15.6 billion worth of global trades. Currently, bitcoin core (BTC) prices are meandering just above $3,650 with a market capitalization of about $63.8 billion. BTC captures roughly $5.2 billion in trade volume but the asset is down 2.6% for the week.

Markets Update: Crypto Prices Drift Sideways While Traders Remain Uncertain
BTC/USD shorts and longs on Bitfinex. Jan. 17, 2019.
In contrast to futures prices, BTC/USD shorts on Bitfinex have dropped significantly and there are considerably less short positions than in the last three weeks. ETH/USD short positions are much lower than before as well with only 280,000 shorts. Civic CEO Vinny Lingham, who is sometimes referred to as the “Oracle” because of his past price predictions, explained in a recent interview that BTC will likely trade sideways for a few weeks.  

“The reality is it’ll probably trade sideways between $3,000 and $5,000 for another month or two while it’s trying to find which way to go,” Lingham said. “When it finds that direction, there’ll be a breakout or a breakdown,” the Civic founder added.

His statement aligns with the view held by many traders and forecasters, who remain uncertain of the future of cryptocurrency prices, at least over the short term. Technical analysis, futures prices, shorts and longs, and other indicators will give traders some hints, but as with the world’s traditional markets, anything can happen.

According to a survey by Credit Karma published Jan. 15, crypto investors in the United States who sold their Bitcoin holdings have lost a total of $1.7 billion. A slight majority of Americans — 53 percent — plan to report their Bitcoin losses for the purpose of tax deductions, while 19 percent are still undecided. The survey also found that 35 percent of the participants that sold their crypto at a loss will not report their losses on their tax returns.

Earlier today, Cointelegraph reported that Russian Prime Minister Dmitry Medvedev claimed in a speech at the Gaidar forum that the massive 2018 bear market is not a reason to bury crypto, stressing that all social and economic phenomena have both a bright side and a dark side to them.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: namqnvn9 on January 17, 2019, 08:53:26 PM
The following is positive news:
Bakkt Acquires Established Futures Brokerage to Strengthen Bitcoin Offering

Coming Bitcoin futures exchange Bakkt announced Monday the acquisition of an independent futures commission merchant for an undisclosed amount. The move aims to augment Bakkt’s services for institutional investments in cryptocurrency assets.

On the back of a $182 million capital raise, Bakkt’s relentless work in developing a trusted brokerage for cryptocurrencies is unfolding. The firm understands building trading engines and custodian services are part of the battle, but aligning that with trusted financial providers is what may attract institutional capital to the crypto-finance sector.

According to a blog post, Bakkt has begun the process of acquiring “certain assets” owned by the Rosenthal Collins Group (RCG), a Chicago-based options broker that develops and operates trading platforms tailored to large orders, high-frequency firms, and retail investors. The transaction is expected to complete in February 2019. Once complete, RCG’s workers would join the Bakkt team moving forward.

To strengthen its offering, Bakkt is acquiring RCG’s framework of treasury operations and risk management, with an additional focus on AML/KYC, customer service, and regulatory compliance. As noted on their blog, the efforts stem from Bakkt’s aim to enhance digital asset offerings and enable “more choice and control” to buyers and sellers.



Bakkt’s Pre-Launch Preparations
Bakkt added it is “not standing still” as it awaits regulatory approval from the Commodities and Futures Trading Commission (CFTC) to launch its crypto-trading service. Instead, it is augmenting its product by investing in technology that will allow it to build a robust platform.

Meanwhile, updates about Bakkt’s impending launch remain unknown. The firm was earlier scheduled for a November 2018 start, which was then postponed to January 2019, and finally postponed “indefinitely” as regulatory approvals are sought.

Bakkt is backed by some of the world’s most influential companies, including Microsoft, Starbucks, and Bain Capital, and is a product of the New York Stock Exchange’s (NYSE) parent company Intercontinental Exchange. The firm specializes in physically-delivered settlements for Bitcoin futures and aims to build a platform that allows quick-conversion of digital assets for merchants and business outlets.

Expectations are high, and once Bakkt goes live, consumers hope that it will usher in a new period of liquidity and adoption.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: yazher on January 17, 2019, 09:43:25 PM
Lets just hope that it will continue until next month, or let's say the price won't decrease again drastically. when some good news like this will happen in can lure some new investors and veterans however lets not lose hope for a bull run to come.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: jake zyrus on January 17, 2019, 10:26:09 PM
A small price jump still says nothing. Today the price has risen, and tomorrow has fallen. Therefore, so far it is difficult to expect something, you need to wait and watch.
Right, very unpredictable and unstable so hard to expect on the value of bitcoin we don't know what happened tomorrow. I never lose hope for that I need to wait and watch and learn how it works in the market.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: jcarlo on January 18, 2019, 12:20:39 AM
2019 just begin and i think hard to predict bitcoin price at begining year. Bitcoin price still stable around $3000-$4000 but crypto market cap value  below $150billion. I am believe bitcoin will recover in near future because hopely SEC will decide to approve Bitcoin ETF


Title: Re: The market is recovering or just adjusting to the price . news
Post by: Baofeng on January 18, 2019, 03:04:03 AM
2019 just begin and i think hard to predict bitcoin price at begining year. Bitcoin price still stable around $3000-$4000 but crypto market cap value  below $150billion. I am believe bitcoin will recover in near future because hopely SEC will decide to approve Bitcoin ETF

I wouldn't put too much emphasize on SEC approving Bitcoin ETF though, I'm sure that we will hear another rejection and also we can't control the outcome so we might as well be ready for the worst possible scenario. Investors are very reluctant but it terms of price, and for the sake of argument, if we goes and touch the $6K-$6.5K levels again,

I think it might be a good sign that we're getting further away for the bears and that the bulls has total control already, but as of now it ain't happening and it may take some time, but we don't know when its going to be.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: jubilarian on January 18, 2019, 05:11:48 AM
If anyone can know exactly, he/ she will become $billions. I think a lot of people who has bitcoin when it born but they sold out when x5, x10. In this market, nothing is impossible.   


Title: Re: The market is recovering or just adjusting to the price . news
Post by: santiPOGI on January 18, 2019, 05:45:13 AM
I think the price now is being stable and waiting for the right time to rise.
There is stability on movement in the market now. every tokens and coins graph are together on how bitcoin move.
You can see the graph on coinmarketcap.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: namqnvn9 on January 19, 2019, 03:40:17 PM
Blue appears today . btc has revolved around 3k6 a week . today it increased to 3k8 .


Title: Re: The market is recovering or just adjusting to the price . news
Post by: keyscore44 on January 19, 2019, 03:50:38 PM
It is too early to be able to say for sure that this is the end of the bear market in the cryptocurrency market. Price drops are still possible, however, the current situation can tell us that prices slowly are going to stabilization. We have to wait at least one month and then we will be able to say a lot more.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: izanagi narukami on January 19, 2019, 04:17:48 PM
I just see the resistense is on downtrend so it may highly possible that the value will continue decreasing.
Of course we all expecting a new momentum for most crypto to increase because we already suffering 2018 effect !

Waiting for 2019 !


Title: Re: The market is recovering or just adjusting to the price . news
Post by: YuKiang on January 19, 2019, 04:33:22 PM
It is too early to talk about market recovery . Now more like a flet and where the market will go next is difficult to say , but I think that the bottom .


Title: Re: The market is recovering or just adjusting to the price . news
Post by: Anies_Sandi on January 19, 2019, 04:35:48 PM
A small price jump still says nothing. Today the price has risen, and tomorrow has fallen. Therefore, so far it is difficult to expect something, you need to wait and watch.
Right, very unpredictable and unstable so hard to expect on the value of bitcoin we don't know what happened tomorrow. I never lose hope for that I need to wait and watch and learn how it works in the market.
and what we have to do now is always be patient to wait until the market can recover, so this year until the coming year my hope is that the market can recover again and again


Title: Re: The market is recovering or just adjusting to the price . news
Post by: ETHICKNINE on January 19, 2019, 06:07:46 PM
It is not just adjusting to the price btc market is recovering but it will take more time than we expect to come to a certain level because the drop was much higher than any other time but there are many evidence to believe that it will recover in the future so any investor today can certainly invest with confidence to make remarkable profits in the future but patience is significant because that is the main thing many doesn't have these days


Title: Re: The market is recovering or just adjusting to the price . news
Post by: lornadane on January 19, 2019, 06:38:30 PM
This is just a normal change, it is not a recovering! This type of price changes happens in every week. I don't think the crypto market can recover very soon, we will have to make ourselves waiting for a long term basis!


Title: Re: The market is recovering or just adjusting to the price . news
Post by: namqnvn9 on January 20, 2019, 01:19:02 PM
from 3k8 to 3k5 and no more to 3k6 :) :)

Bitcoin Bitcoin   $62.777.207.813   $3.589,00   $5.207.256.313   17.491.575 BTC   -4,21%   


Title: Re: The market is recovering or just adjusting to the price . news
Post by: hardcore_cryp_trader on January 21, 2019, 08:48:05 AM
I think the market is adjusting to the price. But it has been going on for a long time. I've been waiting for a month when the price starts to show stronger jumps. Because this is the first sign that the upward movement will start soon (or downward movement, but this is unlikely).


Title: Re: The market is recovering or just adjusting to the price . news
Post by: samuraijin on January 21, 2019, 08:58:06 AM
I am very pleased that all prices in the market have started to improve, I know that everyone is almost desperate to see that prices in 2018 all prices are not very stable and even look broken, even though at the beginning of 2019 there were significant changes in all prices on the market it has started to improve and even has improved, hopefully there will be changes and surprises this year for all prices on the market, of course Crazy pumps ...


Title: Re: The market is recovering or just adjusting to the price . news
Post by: TheUltraElite on January 21, 2019, 02:55:35 PM
These are just small changes like we see everyday. There's nothing different particularly, in this level of price change, there have been bigger changes before.
We should remind ourselves that prices only determine the supply and demand ratio and the raging war between bulls and bears. People speculate over the prices and they tend to be volatile. This is true for every market where speculation of the future price is present. Based on this we also have futures markets.

It crashed from 6k and now is recovering. But there are people who are bearish and selling and not allowing bulls to take over. There is nothing to be fearful about that. It will eventually rise when the bulls stop or they run out of options.

It cannot be called major changes that really shifted the market from the dead point. These are the usual fluctuations that occur almost every day. Therefore, we should not attach great importance to this. Just keep holding your coins.
Major changes would have had a bigger social media explosion. Nothing much has happened till now since last year which can be called such.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: Valer4ik on January 21, 2019, 03:56:42 PM
Crowds of people are waiting for the whole year and the bottom of a new wave of growth, all those who did not buy at the last wave due to the “already late and expensive” are now at a low start.
I have a lot of acquaintances who want to buy but are waiting for the best entry point, around the world there are thousands (who were late last), you just need to push.
All the shorts that now give the course down are borrowed and at the turn they will have to be bought off.
Most sellers are fake, selling debt funds they do not own.
The real sellers are only aisio-shiko and shitkoinovody, but their funds are limited and sooner or later they will run out of them, they will stupidly eat.
Plus, the specter of gox and the plundered means of the BTC-e, I think still merge, but they are not endless either.
Miners no longer have a strong influence, and after 2020 they will lose their importance in the market.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: hridoyb on January 21, 2019, 09:31:14 PM
The market is recovering or just adjusting to the price .
 today there was a sharp increase in the return of the coins .
https://coinmarketcap.com/
 follow news update 24/24 . Expect the real recovery of btc
15/ 1 /2019
1   Bitcoin Bitcoin   $64.883.744.519   $3.711,49   $5.565.385.079   17.481.875 BTC   4,35%    sparkline   
16/1/2019
Bitcoin Bitcoin (BTC)
$3.677,23 USD  $5.477.937.979   17.483.387 BTC   -1,15%
still squirming around : 3k5 >> 4k  :-\ What we need is more blue  rather than red .
waiting for milestones : 4k5 >>5k . :
17/1/2019
   Bitcoin Bitcoin   BTC   $3.652,58   $5.414.513.346   17.485.087 BTC   -0,52%    sparkline
I think we have temporary stability . It still revolves around price 3k6 after 48 hours
18/1/2019
Bitcoin Bitcoin   $64.122.329.666   $3.666,92   $5.448.086.115   17.486.700 BTC   0,51%    remained at (3k6)
19/1/2019
Bitcoin Bitcoin   $65.463.183.891   $3.742,96   $5.435.214.857   17.489.687 BTC   2,43% Blue appears

Bitcoin price still running 3000$ to under 4000$ if bitcoin price up to 5000$ this time only we hope that bitcoin market can be recover but it's not sure. People cannot sure that bitcoin up or down because it's totally out of control but bitcoin situation is so bad now i cannot hope for bitcoin. Why bitcoin gives us a lot of pain? :'( :'(


Title: Re: The market is recovering or just adjusting to the price . news
Post by: beckspace on January 21, 2019, 11:11:40 PM
I think in order to change the route of the crypto market, there is a need for big news and new money entry into the market.  Also the confusion about the regulations still continues in the world. In my opinion,now the prices in the market are pretty cheap, but investing is totally personal decision.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: naufals4 on January 21, 2019, 11:24:26 PM
i think the price right now not recovering cause if you see now the bitcoin price falls again to $3,578.71 (22 December 2019). so this bitcoin or cryptocurrency has a volatile price, sometime it go up and sometime it go down in just a few days.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: Ezenwanyi1 on January 25, 2019, 10:30:03 AM
After the market surge of 2017 and the attendant bearish market that endued in 2028 , I think it won't be out of place to say that market is recovering presently.
Hopefully, it recovers fully soon.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: veleten on January 25, 2019, 07:29:36 PM
you think that one week's worth of data can show you the trend?
the answer is- if anyone knew , he would be rich af :)
the problem with bitcoin market that it is very unpredictable, very volatile and it is not changing in the near future
also if by recovery you mean getting back to the autumn's 6000$ range ,then it is definitely no
we are going to be in the 3000- 4000$ range for the near future
with more chances to get lower than 3000 rather than getting to 5000$


Title: Re: The market is recovering or just adjusting to the price . news
Post by: muratsink on January 25, 2019, 11:05:26 PM
in my opinion, BTC only adjusts to create temporary prices. I don't see a sign of BTC's recovery today. so my conclusion is that BTC will recover in the middle of this year or at the end of this year. after that BTC will create a long recovery process before reaching 50K.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: whiteblue on January 26, 2019, 04:29:02 PM
from the data that you provide, I analyze how when there is good news, the price will rise and when there is bad news, the price will fall, and that often happens as when the price of bitcoin can reach an expensive price of $ 19k. many countries accept the use of bitcoin, but when the bad news comes prices will fall quickly.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: Nnedaddy1 on January 26, 2019, 06:10:26 PM
I believe from recent market surveys ,both the price and over all market condition is stablizing .
The volatility of Cryptocurrency will not give plenty room to more stability of prices .
Hopefully, everything will normalize soon.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: hxtop on January 26, 2019, 11:33:41 PM
People are looking for a fresh start and I see a possibility of beeing better in prices for crypto currencies. The ratio and frequency of fluctuations are declining by time and it is a good thiing for cryto community and potential buyers who may consider to go in the market.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: Godday on January 27, 2019, 02:48:59 AM
nobody will know when the market will recover and how it will happen next. maybe all you will get is news speculation. we can only see and be patient to wait for what will happen in the market.
indeed when talking about the price and future of the coin no one will know but at least there are experts who have predicted it even if it is true or not. yes, now being patient and holding back is the best choice in my opinion, follow and accept what is happening with bitcoin. keep careful and don't panic easily.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: idham29 on January 27, 2019, 09:06:23 AM
like now the market price has not shown a good trend, but I hope that in some time the market price will recover soon, because now the price of bitcoin has also started to increase compared to some time before.
I think the price of bitcoin will recover soon. The indication is already visible even though it's not too big.
2019 is the year of revival of bitcoin which has fallen in 2018, because if this year the price of bitcoin falls again, more people will say that bitcoin is a scam.
Bitcoin users must be optimistic that prices will definitely improve, because bitcoin can become big because of the trust of its users.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: flemming_s on January 27, 2019, 09:42:30 AM
You cannot predict the future.
But if we assume, then the most logical would be to say that the price is expected to rise this year. Because after the price falls, there is always a rise.
But in reality, things may turn out differently. Therefore, all we can do is not to worry about the price and just wait.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: marjil on January 27, 2019, 11:16:19 AM
The market has recovered (depends what you mean by recovery) as we can clearly see that bitcoin has been stable (in other words not volatile) for many weeks now, since before the start of this year. The OP's post gave bitcoin prices in the mid 3k's and the price is still in that range. This means that the price has recovered and stabilised allowing for normal market conditions. If there is any big news then that is what is most likely to influence the price, otherwise it will carry on for some time in the 3000's of dollars.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: Seeker#9 on January 27, 2019, 12:33:52 PM
Some traders and investors are more positive this 2019 than last year and many are hoping that there will be more price uptrends in the coming days. I believe that bitcoin will go for some mild rally in the next 3 quarters with increased levels of volatility which is in contrast to its extended sideways for the past several weeks. Possible price uptrends in the market will still depends on some positive factors that will come in the several months


Title: Re: The market is recovering or just adjusting to the price . news
Post by: Agapelove on January 27, 2019, 12:54:11 PM
Though the price of bitcoin hasn't recovered that much, this year 2019 is better compared last year. The price of bitcoin is a.bit steady around $3,500 with nice fluctuations this January. The expected bull run is far from happening, there's no signs of bull run.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: jhonjhon on January 27, 2019, 02:11:04 PM
Though the price of bitcoin hasn't recovered that much, this year 2019 is better compared last year. The price of bitcoin is a.bit steady around $3,500 with nice fluctuations this January. The expected bull run is far from happening, there's no signs of bull run.
Yeah,  it feels better than of last year cause I believe that this is could be the last drop happen in bitcoin.  So we are waiting for the incoming hikes but the problem is we don't know when it come. It is better to prepare our self,  buy more btc today and full our bags,  but be sure that you'll never get tired of waiting for it.


Title: Re: The market is recovering or just adjusting to the price . news
Post by: xWolfx on January 27, 2019, 02:34:01 PM
nobody will know when the market will recover and how it will happen next. maybe all you will get is news speculation. we can only see and be patient to wait for what will happen in the market.

This is a fact of life. Even if someone is really smart and versed in the concepts of economics and investment Bitcoin is just not predictable for a lot of people. It's just too hard to do since it works different than a lot of things we saw before.

It's a good thing though i believe. I also think that it will recover soon.

Bitcoin won't die.