Bitcoin Forum

Cryptocurrency Market Retreats $300 Billion as Bitcoin and Ethereum Decline. Over the past week, the cryptocurrency has consistently been volatile in the $300 billion region, moving up and down within the range of $280 billion and $350 billion. The market has operated within this boundary throughout March.

All I can say is only the price of bitcoin would go up is when the supply and demand of bitcoin is high in the market.

Just be patience. It would be wise if you clam down for a while.  I know we are very impatience in matter of money, but if you clam down, you will be gainer because in very near future cryptocurrency will revive again. It would be the currency of future.

At the moment the bears are in control. The price could drop below $7000. Only negative news is spread and that will not help to get over the dip. But just keep the faith and hodl, the price will increase eventually.

At this time the market has dropped to 270 billion and is dangerously close to the 250 mark, which has behaved consistently in these bearish times as an important support line.

We must be attentive to the progression of the market in the coming days before this critical trajectory. It could mean an important point of entry to buy expecting a new rebound above 300 billones, or in case of breaking the support we could expect a truly catastrophic scenario in the coming days.

Price could go up when the demand is more than the supply in the market if supply is more and demand is less than the value of bitcoin will throttle down hence we should not sell out bitcoin during the price dump which creates more problem.

 The market is currently very harsh and anything can happen, including further dips, but it doesn't mean we will be there forever. we cant say when the market will recover but we all know it will in the long run

Regardless if it goes up right away or in a few days, its at an optimal buying zone now. Think about the long term!

not this month absolutely because everything is bleeding.
right now we are testing $7000 support and it could go lower than that in the next few days later on.
no idea how long it will takes,
the only thing that i know for sure right now,everything will go down from this point onward until we are exhausting the bears.
keep the cash on your pocket and buy it back after we are reaching $7000 or less than that.

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i heard someone said about $4000 as the bottom or we will reach that point in the future.
it sounds a little bit crazy,but everything can be happen with it right ?
so stay your hand and keep holding some cash on your pocket.

Nothing is so sure when this bear get tired as this will keep the crypto price bleeding. I hope that lowering the price will attract more new investors that are willing to hold their coins in longer terms to help reverse the trend.

Sorry mate but there's no way that anyone can really say when can we recover. Marketcap is totally being hammered as well and we are down around $270 billion as of the moment and bitcoin is just around $7K and ETH much worst at $3++.

There's bearish trend has been lingering more than expected and its time to bounce back. The problem is that there's no news that will really chance the attitude of the investors. Its like they are just waiting from the outside observing if they will go buy back bitcoins or just stay out. Well, April will be coming, so let's all hope for the better.

It's time to fortify and hodl. We are sliding downstairs since the bulls are a spent force at this time in the cycle. Bumpy road ahead.

What else would you expect during a bear market?

Yes, the market cap for all crypto is now below $300 billion. But really most of it is still led by bitcoin's crash. So I think analysing bitcoin's price is much more helpful than analysing all of crypto's market cap, which can fluctuate due to new coins entering the space.

We're currently seeing some support at $7k, in the most optimistic scenario we will see this dump slowly come to an end and the $6k bottom will hold up. But just as likely it could go in the opposite direction and continue its downward spiral. And of course if the $6k support doesn't hold up either that is going to be a huge blow to traders that will probably panic even more and dump further.

Anyways, we're not going to see any major bullish activity any time soon. There may be a small recovery, but that's not enough to reverse this bear market.

this is why you should never use market cap to talk about cryptocurrencies! it is utterly useless.
releasing a new shitcoin with 1 billion supply and $1 value can increase the total market cap $1 billion. also pumping a shitcoin with 100 billion supply increases the supply easily, now imagine how going from $1 to $2 in one shitcoin with that much supply can do to the total market cap!
this is how ETH is staying on number 2 also. it has 72 million premine and nearly 100 million total supply which is making a fake market cap for it.

I think currently Bitcoin and altcoin is green in market we should expect the more profit in future. So Bitcoin is back to form in know again all are interested to buying cryptocurrency this will change the crypto platform. April is the best growing time in this year so it will supporting to next month.

At any moment.

That's the basic theory. But whales always have the opportunity to manipulate prices. They have dropped a large number of coins and now maybe they are slowly buying them cheaply. When they buy the required number of coins they will leave the market and only then will the price go up. Therefore, the price of bitcoin depends more on the actions of whales than on demand.

I'm very much convinced that the whales don't have hand in this because the fall from $8,950 from last week has been a gradual and steady fall since then till this time. By this, I think the coin at the moment have stabilized its price movement and soon will pick for upwards again.

apparently no one can exactly answer you for now on when the manipulation will stop and if the whales can be satisfy from their hunger we can never know for sure, The thing that I only know is bitcoin will sure recover from this because whales will intentionally buy again after selling so much of their funds while bitcoin is keep on moving upward because of recovery, So we just need to hodl and wait when that happens.

I think is dip that was caused by panic. Is nothing but this recent FUD and the banning news by the media on icos. So this is not the first time we have seen such dip. We saw it early this year if we still remember. The point is, no one can give the exact time for a bullish.

oh shit! shut up! you look very much like people Go to pieces, sir! This dye is just an annual test, we will soon go through all this. in my opinion we will soon rise and welcome with a nice happy ending. the king of all the coin kings will not be possible to give up, bitcoin will always give the best to please the traders and its investors with profit.

At any point it could happen. Right now we seem to be cycling back between 6600 and 7200, eventually either the bulls or the bears will run out of coins to sell or fiat to buy with. When this happens we'll know who's going to come out on top. The resistance has been strong and a move to 8k might get some people starting to FOMO in.

I think we will witness a small improvement in 15-20 days and $8K-$10K Bitcoin again.

For bigger grow, I think we may need to wait 1-2 years...

It depends on what you consider to be bigger growth. My personal target is still to see the price at least touch $50,000 before the block halving in 2020 kicks in. I think if we experience a slower growth this year, possibly to $15,000 as being a high this year, and then follow up a longer term bull run with developments such as lightning network, the first ETF, various coin backed funds, and of course the block halving. I don't yet expect it go settle above the $50,000 level, but at least touching it would be a great achievement. On the other hand, I also know that you shouldn't take things for granted in this market, so I won't be surprised if it doesn't turn out to happen. It's called speculation for a reason....

Be calm and patient, just wait for the new blood to come and buy at the dip. We have been there so many time with news far more frightening that we have now.
You are asking when the bear sentiment will end? Who knows - it is certain that we either need to wait it out or be hit with some really positive news (maybe about bitcoin ETF?).

The end of March there was a significant increase in market capitalization and it made the price of crypto especially bitcoin still can survive at the price of about $ 6800- $ 7100. However, the downtrend is still continuing so it will probably reach the most demand point at the price of $ 6000. I have prepared the money to be able to buy bitcoin at the price according to the high demand.

I think it will continues to go it's down time the price has been hardly can go up. We maybe experience this for months now and no one can tell when this dip could be end. Patient this time is good thing to do with this red market.

" When this dip could go up "

well, you have a question that if someone had the answer then this person would be very rich and would probably be going on holidays very far, so you can only settle for our assumptions, predictions, whatever... answering your question: when you do not see negative news on the news channels, every day there is some negative news on the news channels and that has not given us time to breathe. if we have one or two months without reading negative news then we will be fine

All the cryptocurrencies are down in the market so this is not a big issue. But it will recover may or June that time all the peoples are understand the potential of Bitcoin. I think most of countries are accepting soon because majority of countries updating the crypto platform it is implementing soon but cryptocurrency is always volatile it is depends on the demand.

I think that this year the market will be full of blood, we can not do nothing to stop it, only if we could be whales maybe we could make the price go up.

but lets wait people, maybe next month there are some good news and the price starts to go up again, maybe some miracles can happen after all.

Even though the market is striking down rapidly but I think it will recover soon let's just be patient and wait for the best to happen. Who knows maybe next month or so the dip could go up, let's just believe and patiently wait.

Honestly. It will be back before you know it. We just had the biggest bull run ever in December, and now the market is retracting. I know it’s a shitty feeling, but just hold. It will all come back.

The last time btc dipped to 6k we were back at 11k in 2.5 weeks.

Yeah, you have to be patient here as the bitcoin is the most reliable source of investment and being a volatile currency, the fluctuations in its value are normal for it. But I think this long stretch of dips won't last long since the price can rise anytime, however, at this moment everything is quite unpredictable...

we will never know..lets just be patient to wait until its go up again..people just so panic that their investment will going to trash but lets think about this the people panic the more the price will go down..so lets just wait patiently .

Obviously yes.Now the current market situation is moving to unpredictable one.So the long holders,just hold your bitcoin till it reach the next maximum value.May be end of this month,we can able to see some peak.Don't get panic and sell your valuable bitcoin in the price crash.Instead you can hold it for your future.

Very soon an upward trend will start as some experts has speculate that that the market has already reach the double bottom and in distance time from now upward movement will commence.

We are back on October highs, so we shoult not be worried about this situation.
For me, once that this dip gets consolidated, we are going to see a pullback and we are gonna touch more than $8000 $9000 sooner than what you all think.

just go out for a walk ,and then come back 2 years later,we will see a good price .bitcoin will not stop.

Now there are so many downs in the bitcoin. This is due to not sufficient bitcoin supply in the market. But soon this situation is going to be change. Again the price of bitcoin will come up with massive growth by the middle or end of this year. Of course the price cannot dip continually but again it will boost up.

I'm wondering why people always asking if bitcoin still have a potential to increase again , are you guys blind? It's always survive actually . and indeed even before when the price is cheap ,which is after the doomed it always survive and soar. So why always panicking when there's a fluctuation , ? so stop asking when will be the price will go up, if i were you guys take some sleeping pills good for 1 year,  and then after  if you woke up check if bitcoin is dead or not.  

Just wait for an event to happen that could affect the price of bitcoins. The hype has been ended and only those confused people have been left, doesn't have an idea what to do and started to doubt the potential of bitcoins. Bitcoin was supposed to be like this since the beginning.

Well i think its best not to keep on hoping for the price to go up already. It will go up when the time comes and certainly it will be this year. Go find other things to do while all of this is happening. Most of us are probably at a loss so you're not alone lol

It's not only Ethereum and bitcoin declined but all the cryptocurrencies are in this dip. From $300B it's now at $263B so there's a big slash to the crypto market cap. And that's now waiting to have a good entry again when the market starts to show recovery. I like on how it's slowly recovery as I don't want to see a quick pump and later on the market will be in rapid dump again. This is basically a normal market move, slowly but surely and I know others loved it too.

Do you think that Bitcoin will continue to fall even lower? If this trend continues, people will sell their coins very cheaply and the price will fall even faster.

Actually no one can even predict how low could bitcoin go because there were a lot of speculations at the beginning of the year. Everyone said bitcoin cannotand go below 10.000$ because that is the barrier. As we know it maintained a little time at 10.000$ then crashed again. Everyone was saying that bitcoin cannot go below 8000$ and here we are at 6000$. No everyone tell that it will not go below 5000-6000$ but I wouldn't be so sure about that because as we already seen everything can happen

It's only time can really tell when will this dip come to an end. The bullish market is just waiting sometimes very soon or later. So while the dip continues, just take the opportunity to buy cryptocurrencies in a very cheap price.

Do not scratch one's head like that, man! not only are you waiting for the increase, profit, and money. everyone is also waiting for this. in fact this dye can not yet make us rise again, we desperately need a lot of support from the positive news. just my opinion, the price will continue to increase if it has managed to break the price of $ 10,000, its hard to taste it to break that figure, if $ 7000 just still overshadow the pace of its price. we're all Be on the same boat, the same panic and the same problem. we still have to Explore all avenues, in order to rise and fall its price can still be utilized to take advantage.

Everything can be happen in cryptocurrency be it goes up or down drastically and everyone knows about it. Downtrend has occurred from January 2018 till to the present, and this is due to the fact that the regulation of cryptocurrency has a great influence like some country, facebook, twitter and google also contributes to make lower prices.

However if talking someone who sells bitcoin at a low price, it's an option. I mean, they could be selling bitcoin now so there's not much loss. But the best advice is hold, of course if they believe bitcoin price will be high again in the future and I am the person who believes against it. I am a person who always believes cryptocurrency will be widely used by humans in the future.

Well, March / April is normally a tough month for bitcoins. Many bitcoin analytics claim that they are seeing upwards movement in bitcoins and altcoins by the mid of April. I am not sure on what basis, they are saying this but one thing which i can see is that bitcoin had long 3 months of downfall and i am also hoping that something good will come up in the month of April & May.

Don't bother that April, May etc. speculation/s because no way it can't be accurately predicted. No matter how good and well explained the analysis is, with some good charting, it will be spoiled once a certain trend occur.

What matters here, bitcoin price is establishing a good support at specified price level on which way more better than a instant and quick jump. Even no interesting actions happened to the month of April and May, we have lots of reasons to believed that uptrend will soon happened again.

After such a big surge, such crash in the price was logical. I wish I had foreseen this earlier tho... Could've kept a lot of profit.

I don't see it happening throughout this year though. BTC fluctuation, which us 100% based on FUD is the major reason for the bloodbath experienced so far and nothing more. Meanwhile, if btc could only just stabilises then GREEN will return fully to the market and everyone would smiles again. I strongly believe that from June-July, things would be much more sweet for all cryptolovers.

And for my opinion it shows that it isn't so simple.
Maybe it will take month to jump out since general trend will change it's direction to the top. But maybe it will jump in one day no one really knows.

It is rising right now as what you can see, it continues to rise up until now and we already see positive with bitcoin. The last time I check, bitcoin price is just $8k but now it is already $9300, so there's really a big improvement with bitcoin right now. I guess, investors are coming back into bitcoin  :D

The price at the moment is rising so we hope it will continue. No one knows if the resistance support is strong so hopefully market will continuous rising price. Maybe in the coming months bull runs will continue.