What could make bitcoins price go up again?

[MiBambino]

I was wondering how BTC's price dropped pretty hard the last few days and how it was most likely the result of the ETF rejection, the possibility of a hardfork and the panic selling that resulted after these two events. In the past however, after bitcoins major crash in january '17, it rose quite quickly in  less than 2 months back to a new ATH. Why did this happen, and what could make BTC's price go up again in the upcoming weeks/months?

[Mihaylovic]

Some whales should collect more btc, then the price ll go up again

[layoutph]

Yeah right, if more whales will buy bitcoin again , then bitcoin will start to pump again. As of now whales are busy with ETH , DASH and XMR.

[Red-Apple]

Time and only Time.

give it a couple of weeks at most so that whales can accumulate back what they dumped on top but slowly and at a low price while nobody sees they buy orders in the history. and also let the altcoin pumps reach an end and all the traders take out their money with profit from altcoin market and bring that money back to bitcoin and you'll see rise again this time bigger.

[milewilda]

No one knows on when the price of bitcoin would go back up again and yes we are now seeing on the price suddenly decreased and still continuing to fall down and going back again on below -$1000 mark this might be the result or effect of rejection on ETF or whales do cashout their bitcoins and securing their profits. Don't need to worry since price will eventually go back up again.

[Sundark]

ETF has nothing to do with yesterday's price crash, we didn't expect ETF to be accepted in the first place.
We have stable period after ETF decline, price dropped by stabilized day after ETF was rejected.
Current crash is caused by FUD about potential hostile hard fork and possible bitcoin split to BTC and BU as a result.
That statment issued by major BTC exchanges only fueled the uncertainty about bitcoin's future.

[positivezero]

Mostly of us here wonder why bitcoin price always change from time to time, bitcoin price is unstable. In my own opinion, bitcoin price go up again if more users in the country would discover and used it. We all know that bitcoin now is very demand in the markets so no reason to the price would fall in the bottom and the bitcoins performance is very progressive

[BigBoom3599]

If we get a clean fork (so not 2 coins), so we can put the scaling debate behind us once and for all. I think that will give everyone faith again in Bitcoin and I think a lot of the people that moved to alts will come back into BTC, that'll probably cause a nice rally. Nothing is certain in crypto land however so anything can happen 

[Luno]

Time and only Time.

give it a couple of weeks at most so that whales can accumulate back what they dumped on top but slowly and at a low price while nobody sees they buy orders in the history. and also let the altcoin pumps reach an end and all the traders take out their money with profit from altcoin market and bring that money back to bitcoin and you'll see rise again this time bigger.

Yes, it needs some more time. but for sure the price will raise up. it is just rotation again the money has to be returned then we can see the raise in the btc. i think the btc price will again increase in a month of time. there are some other ways where we can see the profit is we need more people to join in btc and as we all know when the volume of people increases, we can see more number of trading will happen so which will also give a chance for raise in btc price.

[Yutikas_11920]

I was wondering how BTC's price dropped pretty hard the last few days and how it was most likely the result of the ETF rejection, the possibility of a hardfork and the panic selling that resulted after these two events. In the past however, after bitcoins major crash in january '17, it rose quite quickly in  less than 2 months back to a new ATH. Why did this happen, and what could make BTC's price go up again in the upcoming weeks/months?

Ahaha, you worry too much or indeed you are a person who just feel the trading in the bitcoin..?? . Because it is true from the beginning of the growth of the bitcoin always make people get the losses and profits, it is perfectly reasonable. I'm sure the ETF is not causing the price of the bitcoin, because if there is no ETF in the bitcoin. Bitcoin has also been very popular and provide advantages to all people
 

[SvenBomvolen]

I am agree that such 10% fall to bitcoin is not the reason for new panic. The price will come back on the previous level in couple days, so just stay calm and keep your coins.

[rajasumi3]

It actually because of the rejection .well some high investors are selling their bitcoins and buying new altcoins .well i would suggest u to have a little patient in it till the price goes up and it will be soon.

[ice098]

I was wondering how BTC's price dropped pretty hard the last few days and how it was most likely the result of the ETF rejection, the possibility of a hardfork and the panic selling that resulted after these two events. In the past however, after bitcoins major crash in january '17, it rose quite quickly in  less than 2 months back to a new ATH. Why did this happen, and what could make BTC's price go up again in the upcoming weeks/months?

Bitcoin will rise again if it circulates it's value like last time , if more people are interested on it and when they have been deposited it yet. I think it will get a higher value again.

[iqlimasyadiqa]

I am agree that such 10% fall to bitcoin is not the reason for new panic. The price will come back on the previous level in couple days, so just stay calm and keep your coins.

10% is a normal rate. up and down in the figure can still be regarded as a reasonable movement. certainly bitcoin is a digital currency that usually have a move above 10%.

[Betwrong]

Some whales should collect more btc, then the price ll go up again

Actually I thought it were newbies selling their coins seeing BTC over $1,200 and not believing it will stay that high or even higher in the future. But now I think maybe you are right, the whales dump BTC to lower the price to have the opportunity to buy more BTC at low price. If that's the case the price won't stay long below $1,000. And when the whales will start buying their BTC back the price might rise as never before.

[Larvas]

I think that it's just about huge transactions and who wants to keep their money in BTC or in cash.

Example, if I hold my (let us say) 5000 BTC's in my wallet for full 8 months, and then I transfer them to someone who doesn't want to keep it in btc, but rather cash it out immediately, then this screws up with the price.

And there will always be people who like cash more then btc, and this is why we have such fluctuations. But no, I'm not worried, the price is going to get up again in no time.

[Mikez]

Some whales should collect more btc, then the price ll go up again

Just wait for BU to fail and within that,big whales would have finished their delicious dinner by buying huge amount of bitcoins at cheap price.Then bitcoin price will once again go high in rocket speed not to the moon,this time to the mars.

That's right big whales must have bought huge amount of coins by now so just relax and be patient and price will start recovering once again and now it will cross all barriers and will show us the price which is beyond our imagination.

[ralle14]

what could make BTC's price go up again in the upcoming weeks/months?

Burn more bitcoins that'll reduce the supply more then the demand will increase and the price should rise again in no time. Also there's the bitcoin block reward halving but it'll take another 3 years before we get to the next one.

[Vaskiy]

what could make BTC's price go up again in the upcoming weeks/months?

Burn more bitcoins that'll reduce the supply more then the demand will increase and the price should rise again in no time. Also there's the bitcoin block reward halving but it'll take another 3 years before we get to the next one.

That's unfair. Simply the bitcoin will grow gradually when the block size debate comes to a conclusion. Even today the price is not that low even on falling more than $200 in a short term. The price will surely increase in the upcoming week or months when situation becomes stable.

[bitsmichel]

Yeah right, if more whales will buy bitcoin again , then bitcoin will start to pump again. As of now whales are busy with ETH , DASH and XMR.

absolutely. the price was extremely high from some days because of which some people has held the btc with expecting it to increase more. also everyone thought the price is high and they were afraid of buying so the price all of a sudden fallen. now it is the time to buy and when we see more people buy again then the price will go higher again.