bitcoin price decreasing

[MachineZero]

Would love to see price come down to 1800-2200 and consolidate for 3 months. Establish firm support before slowly rising again.

[1715274136]

1715274136

[stergium]

The price decreased happening right now is not on critical level and im so sure that this downfall will not take for so deep since people are preparing their fiats to buy cheap BTC at this moment so don't ever expect that theirs another big fall will be happen since History happening on bitcoins will not repeat and people would not let it to be happen since they might gonna lose some money also if bitcoins fall for more.

i am hopeful that it will be just a correction and not a critical condition. in fact people are holding bitcoin from 1000$ level and still holding it, may be some people want to sell their bitcoin secure the profit. and they may also be looking for investment again in low  price, so i am hopeful that the price of bitcoin will not stay here for a long time but after some time it will again pick the accelerator and will surely start increasing.

[Danslip]

We all hope for 3000 for next week. This downtrend is temporary.

[vingaard]

It's always the same...

[batang_bitcoin]

bitcoin price is decreasing.can anyone predict how much it will decrease?

thanks

It may be decreasing for now but well all of us are used to this scenario and price movement of bitcoin. After a dump next will be pump. With the positive vibes and comments that everything is commenting here. I hope that it won't go lower than $2,000 so that there will no more panic selling. I will ride when the price increases soon.

[topper26]

We were at 2998.98 just a couple days ago, we already dropped this far l, he'll go under 2k and I can get some bitcoin on sale before the next rise

[fireball4]

Would love to see price come down to 1800-2200 and consolidate for 3 months. Establish firm support before slowly rising again.

Well it would be good if the price actually consolidated though there is a possibility that it would go down even more if the eth market cap would become bigger than the bitcoins. If this happened people psychologically wouldn't be able to be in bitcoins because bitcoin would become an altcoin and eth would be the main coin. That's the main reason why I wouldn't want for bitcoin to go down even though it would give a chance to buy some cheap coins.

We all hope for 3000 for next week. This downtrend is temporary.

Believe it or not, it's not gonna happen. At least not the next week, the support is too weak at the moment and it still has to go down for a while in my opinion.

If eth wouldn't manage to overcome bitcoins over a long time then we might see a huge growth again. Especially before the halving, I wouldn't be surprised if the price went up 5x or even more.

bitcoin price is decreasing.can anyone predict how much it will decrease?

thanks

It may be decreasing for now but well all of us are used to this scenario and price movement of bitcoin. After a dump next will be pump. With the positive vibes and comments that everything is commenting here. I hope that it won't go lower than $2,000 so that there will no more panic selling. I will ride when the price increases soon.

There's nothing to hope for. There were tons of newbies coming into the crypto world during the last few weeks. Right now they are dumping their bitcoins and the thing is that they don't buy other cryptos, they just buy back their fiat.

[topper26]

Today is red wednesday, only 4 of the top 50 crypto are in the green on coinmarketcap.com , massive selling in the digital world, pretty wild day

[jossiel]

Today is red wednesday, only 4 of the top 50 crypto are in the green on coinmarketcap.com , massive selling in the digital world, pretty wild day

A group of hoarders and whales I guess or there are some issues about China's banning of bitcoin mining that affected the price.

Well if you will just look on its positive side. There will be another quick pump again soon, many will buy new coins.

So this week is going to be bloody I guess but it will end up on Saturday.

[BitMaxz]

I'm sure bitcoin will increase back again since the price of bitcoin is really decrease from $2,900 to $2,300 and i think we already experience the same thing few months ago from drop price we will see a new price reach so i think we will see above more price in $2,900 value after this drop.
But i heard a news that after the down fall of bitcoin ethereum is gaining its popularity and the price increase almost 15%. I just got this news when searching why bitcoin is falling so it is a good to have ethereum also for alternative if you want to make an investment for a long time like bitcoin before..

[DonQuijote]

Today is red wednesday, only 4 of the top 50 crypto are in the green on coinmarketcap.com , massive selling in the digital world, pretty wild day

A group of hoarders and whales I guess or there are some issues about China's banning of bitcoin mining that affected the price.

Well if you will just look on its positive side. There will be another quick pump again soon, many will buy new coins.

So this week is going to be bloody I guess but it will end up on Saturday.

Litecoin is "chinese" and its rising

[tabas]

We were at 2998.98 just a couple days ago, we already dropped this far l, he'll go under 2k and I can get some bitcoin on sale before the next rise

I have read a news that it went up at $3,014 somewhere at $3,000 I don't know if that news was true. As I'm not monitoring bitcoin's price from time to time. But fortunately, the price went down at $2,338 recently and now the price is recovering back again now at $2,412. This is just a normal move of those profit takers.

[raymond541]

I'm sure bitcoin will increase back again since the price of bitcoin is really decrease from $2,900 to $2,300 and i think we already experience the same thing few months ago from drop price we will see a new price reach so i think we will see above more price in $2,900 value after this drop.
But i heard a news that after the down fall of bitcoin ethereum is gaining its popularity and the price increase almost 15%. I just got this news when searching why bitcoin is falling so it is a good to have ethereum also for alternative if you want to make an investment for a long time like bitcoin before..

600 USD dumping today this is really huge.yeah already recover 100 USD and now price is 2400 USD per btc.I think this time price will reach 3000 USD.there is nothing be worry I think this dump happening as usual buy back.many people selling their btc on this hype.don't fall in trap of this hype.

[DrGuns4Hands]

As I've always saying, if bitcoin is increasing or decreasing it's a good thing. You can avail or purchased more cryptocurrency when bitcoin is decreasing. It's natural! If other users show it to the other people? Then encourage them to invest there money on it? It's a good thing also because the more user used bitcoin the bitcoin may increasing as much as the user wants!

[hase0278]

The correction that we have seen I think is pretty normal after bitcoin sitting at a good price since some took profit and I guess this is a good time to rebuy. Many hopes that we would reach 3000 USD soon but I think it would take a longer time before it really reaches that. I kinda like bitcoin's price the way it is now, sitting on a price range above 2000 USD. It would rise again soon but I think it won't reach 3000 USD that easily.

[AmunRa]

bitcoin price is decreasing.can anyone predict how much it will decrease?

thanks

In my opinion bitcoin is facing tough competition at the moment.The altcoins market is diversifying like crazy and tons of money are getting poured in.Looking at the coins market cap BTC dominance has fallen to  38.9%.Price can drop further in my opinion but slowly (in the short term) while bitcoin investors/holders look for positive news.One positive news could be a Bitcoin ETF that might send the price "To Tha Moon"

[ngin-x]

bitcoin price is decreasing.can anyone predict how much it will decrease?

thanks

In my opinion bitcoin is facing tough competition at the moment.The altcoins market is diversifying like crazy and tons of money are getting poured in.Looking at the coins market cap BTC dominance has fallen to  38.9%.Price can drop further in my opinion but slowly (in the short term) while bitcoin investors/holders look for positive news.One positive news could be a Bitcoin ETF that might send the price "To Tha Moon"

Every damn coin in the market has tanked in the last 24 hours. This was excepted considering the insane amount of money that has been pumped into the entire crypto sphere in the last 3 months. Infact if there isn't a sharp pullback in the short term, I would be very worried about the overall health of the market.

[Asrael999]

After bubbles we have historically bottomed at around the previous bubble high - that implies a stopping point around the $1070 level on Stamp. I think this time we might bottom out a little higher in the $1200-1400 area - but would also not be surprised if we looked at the old january 2017 low as a the ultimate support level (yes thats below 1000)  (WTF it'll never get there - well people said it would never go below $200 after we hit $1000 in 2013 , and we did).
We are looking at the potential for the next long trend bear market, it will depend upon how much damage is done to new adopters here and the press coverage we see.

[Crystal11]

1. People saw bitcoin reaching $3000 and everyone wanted to sell for $$$ profit. Now market exceeds in bitcoin and naturally the price is falling.
2. People saw ETH increasing in record time at record price and theyre selling bitcoiin for ETH (for a short time ETH managed to raise even if other crypto currencies was fallng dragged by the bitcoin fall too) .Now market exceeds in bitcoin and naturally the price is falling.
3. Some central banks across Europe (german bundesbank, romania central bank,etc) are still against bitcoin use and they publish some announcements against bitcoin , people get scared will not buy anymore for a while. Now market exceeds in bitcoin  and naturally the price is falling.

Bitcoin will fall until $2000 ,people will not sell btc for $$$ profit anymore, then it will start to raise again ,possibly in this summer to see an aggressive uprise to 2700 again in maximum 2 months. IF some stupid politicians or central banks will not make more stupid announcements against crypto currencies and IF the network will not be crowded with pending Txs.
If You want to help bitcoin restore a good price do not sell anymore for a while.

Bitcoin price is depending on many factors such as :
supply on market, political events/announcements related to crypto, forks, bad or fake news, another crypto price going up to fast,etc.

[batang_bitcoin]

bitcoin price is decreasing.can anyone predict how much it will decrease?

thanks

It may be decreasing for now but well all of us are used to this scenario and price movement of bitcoin. After a dump next will be pump. With the positive vibes and comments that everything is commenting here. I hope that it won't go lower than $2,000 so that there will no more panic selling. I will ride when the price increases soon.

There's nothing to hope for. There were tons of newbies coming into the crypto world during the last few weeks. Right now they are dumping their bitcoins and the thing is that they don't buy other cryptos, they just buy back their fiat.

Yeah this is the usual activity of new investors and I guess most of everyone here. That's why everyone is just focused with the movement of bitcoins price. And currently the price is at $2,295 and it went back at that price and I guess it's now trying to recover as it will attract a lot of people to buy now.