Bitcoins dropping in price

[X2bitcoinschain]

Who can please explain to me why Bitcoins price is dropping and going up steadily?


I am an expert in Bitcoins, but don't know how to know foresight of Bitcoin price

Can anyone explain?

[goinmerry]

Who can please explain to me why Bitcoins price is dropping and going up steadily?


I am an expert in Bitcoins, but don't know how to know foresight of Bitcoin price

Can anyone explain?

Demands, speculations, news, hype etc. These are some of the basic factors why bitcoin price fluctuates. Explaining all factors will required lots of typings. There's a Google for that.

Knowing the future bitcoin price is not possible. Just be sure to hold some and have a cup of coffee somewhere while waiting for the bitcoin price reached your preferred target price. All successful traders not see the future price but rather take the risk of investing based on their own analysis.

[Panda Trump]

Who can please explain to me why Bitcoins price is dropping and going up steadily?


I am an expert in Bitcoins, but don't know how to know foresight of Bitcoin price

Can anyone explain?

It's a temporary chaindrop, but it will soon go up again
It's just the question... How much will it drop before it will rise again?

[Adelajda]

Just looking at the charts from morning and waiting to see how long this market continue to be on the red side,the price went down below $2000 in some exchanges but it recovered pretty soon and it is not trading above $2k,will wait for some time and will make a decision on whether to enter bitcoin at this point.

[X2bitcoinschain]

Just looking at the charts from morning and waiting to see how long this market continue to be on the red side,the price went down below $2000 in some exchanges but it recovered pretty soon and it is not trading above $2k,will wait for some time and will make a decision on whether to enter bitcoin at this point.

Am using coins desk chart, what chart are you using

[swogerino]

It has dropped enough and I think starting from now , this very moment and up to next week I think the bitcoin price will surprise us all. I don't understand too the reason of why the price falls except maybe it is a correction of price. Normally it should be above 2000 dollars because of Japan who accepted it legally and even offering bitcoin ATM-s in big trading malls where people can buy with bitcoin.

[olushakes]

Who can please explain to me why Bitcoins price is dropping and going up steadily?


I am an expert in Bitcoins, but don't know how to know foresight of Bitcoin price

Can anyone explain?

If you are claiming to be an expert in bitcoin but can't really phantom the reason or reasons why there is upward or downward trend in the price of bitcoin then I doubt your expertise. I am not surprised about the fall because I know that it will happen and being in bitcoin long enough has taught me that. Forces beyond demand and supply are at play here and even more qualitative than quantitative.

[coinsmanager]

I prefer to apply my analysis mainly based on fundamentals, but sometimes technical analysis are very effective. It's hard to explain, but I think it has something to do with the market cycles.

[X2bitcoinschain]

I prefer to apply my analysis mainly based on fundamentals, but sometimes technical analysis are very effective. It's hard to explain, but I think it has something to do with the market cycles.

You can't understand

[smartbitcoininvestor]

Well, it is near the end of May.   

I'm guessing there was too much hype for the amount of skepticism surrounding Bitcoin, so BTC (and subsequently, every single other altcoin now) is going to face a correction.

Stay steady. This is normal. The price will face headwinds and then rise back up again - probably sooner than later.

[franky1]

mr Miagi says
speculation like painting fence, .. up.. down... up.. down

[jak3]

I guess this price dump is caused because of the ransome attack many of the traders and other services has stoped for sometime and that gap is being focused right now. for me its just another good time too  make some more money as when the market will regain its loss and go up it will take my balance with it.

[FlightyPouch]

I guess this price dump is caused because of the ransome attack many of the traders and other services has stoped for sometime and that gap is being focused right now. for me its just another good time too  make some more money as when the market will regain its loss and go up it will take my balance with it.

Or maybe, because of the old members here who are saving their bitcoin for almost 7 years amd waiting for a good price until these week it reaches their goal proce and sold them, it is quite obvious. Who would never sell their bitcoin at that price especially when it has a big profit. Though now is the time, to buy and wait for another $2.7K price pump.

[cryptosort]

I personally think that i was predictable that it will drop..

as goinmerry said: Demands, speculations, news, hype etc.

But new that we have dropped a little we will go back to 3k for sure

[btcjoin14]

Who can please explain to me why Bitcoins price is dropping and going up steadily?


I am an expert in Bitcoins, but don't know how to know foresight of Bitcoin price

Can anyone explain?

The old coin holders decided to cash out their coins for cash. There was not that much information on the news about the real reason why the price of Bitcoin was going up, the price could’ve been manipulated by some kind of bot or someone with a bunch of fiat/Bitcoin. Since people started to dump the coin it might’ve started a panic and then the price began to decline from that point on. I think the price will go up later on, the price will dump short term.

[CraigWrightBTC]

Who can please explain to me why Bitcoins price is dropping and going up steadily?


I am an expert in Bitcoins, but don't know how to know foresight of Bitcoin price

Can anyone explain?

Bitcoins price is fluctuation ( droped and going up) because there are demand and supply
on every markets​ around the world, usually if the users needs money they will sell the bitcoins
and if they will makes saving the money in bitcoins they will buy bitcoins.

[wallstone]

Who can please explain to me why Bitcoins price is dropping and going up steadily?


I am an expert in Bitcoins, but don't know how to know foresight of Bitcoin price

Can anyone explain?

First of all if it gors down and up, it's not steady. Well regarding on the volitality, no one knows what happen inside the market but only whales who are taking advantage of newbie traders.

[batang_bitcoin]

Who can please explain to me why Bitcoins price is dropping and going up steadily?


I am an expert in Bitcoins, but don't know how to know foresight of Bitcoin price

Can anyone explain?

Wait, you are proclaiming that you are an expert in bitcoin and you are looking for an answer why the price is dropping? Well I'm not an expert in bitcoin but base on those experts that are giving their insight with this happening, its because of the correction and also the normal supply and demand, many are selling so the demand is becoming low that makes the price lower.

[Rinder]

I believe by monday bitcoin can recover a bit of the current lost, i did say it crashed badly to 1500 dollars on the last 24 hours, this is very easy whales sold high, and stop buying, asia market closed and new investors will be back on monday. Those two reasons might be the cause, soo the whales stop buying and set their orders to buy more bitcoins with the profit they made, the new investors will back monday again. There is no expert over crypto, because anything might impulse as well damage any coin.

[Pearls Before Swine]

I am an expert in Bitcoins, but don't know how to know foresight of Bitcoin price

DOES NOT COMPUTE.

If you're such an expert on bitcoin you should know how volatile it is and to just fasten your seatbelt.  No one here is going to be able to explain every price movement.  They may try, but you're a fool if you listen to them.  Also, work on your english.  It's atrocious.