Bitcoin go Down

[sangtuosimino]

I think this is an earlier revision. After all, for more than a month, there is too much money to make a profit. It needs to be digested for a while. It is suggested that you can wait for the time before Christmas.

[joshuaj]

Yes, bitcoin is declining now after reaching $11k, but I believe it is just a retracement and will climb back soon after some days.

[warwar]

After the top there always a down...is it only a natural assetment of market or someone control this market and try  to cut off the new investitor of last period?

It would be down sooner , mostly that is the behavior of the bitcoin it would be down for a month or more but it would be quickly up by the time. There are lot of prediction that bitcoin would be down a lot by next year mostly because of the whales bigger whales that makes the bitcoin down, i dont know if they would be success to it or not.

[minhnguyen]

Just an adjustment to 9k8 until rock to the moon

[paolo099]

this happened in the past and will keep happening in the future, after an huge pump there will always be a dump: casual traders, whales, people who want some quick profit, they sell at high price like we had in the last couple of days.
After the dumping there are a lot of people ready to buy at the cheapest price possible and so on, it's a roller coaster trip guys, hold tight, fasten your set belt and enjoy the ride!

[sheenshane]

Bitcoin is digital currency and the price value was zigzag moving in crypto market cap because it is volatility, it is the part of crypto currency unsteady price. And bitcoin is decentralized no body behind it the price was moving it depends upon the demand of the coins in the market.

[bitcoinmasterlord]

this happened in the past and will keep happening in the future, after an huge pump there will always be a dump: casual traders, whales, people who want some quick profit, they sell at high price like we had in the last couple of days.
After the dumping there are a lot of people ready to buy at the cheapest price possible and so on, it's a roller coaster trip guys, hold tight, fasten your set belt and enjoy the ride!

Exactly and this is common in digital money trading. If you check this year bitcoin price chart, you will see how the price will dump after a big pump. And this how the big traders will make a profit. Just wait and see how the price fall in next 1 or 2 days. Any guessing where it will stop?

[heroic25]

ups and downs comes but if this is a correction I dnt mind it bcoz after correction might be new high for bitcoin price

[inturist]

What brings a good powerful move down?
It brings more pain than the profit from the same upward movement and desire to sell more. Panic intensifies panic.
Loss of money occurs instantly ss soon as this starts - you definitely do not miss it.
But it will be too late.

[monir34]

Yes right Bitcoin price is going down. It should be. Because suddenly increase price it's not good I think . If suddenly price is high it will never stay there. There are some logic. But Bitcoin price will go again up it's true. So there is nothing to worry.

[dg2010]

Do not worry. It is just a correction of Bitcoin price. It will recover soon. Bitcoin will go up to $15000 in 2018

[jackchun]

hope this time correction will just stop at 9000 dollars and rises again 
is there any political and financial reasons behind ?

[redcrystal]

Omg, I my money now on btc wallet. I don't afraid of bitcoin. Just wait for new jump up

Yah, great time to buy some alts

[inturist]

In South Korea, the central bank of the country raised interest rates on Thursday - for the first time in six years and a sign that officials are confident in economic growth, according to Reuters.
Is there a connection in this?

[Epimetheus]

From my views after seeing bitcoin from last year that bitcoin will not go down in the future because the demand of bitcoin is increases by the people day by day. Every people want more money  in less time so that every people attract towards the bitcoin after seeing it popularity of the bitcoin. But it is not sure that the price of bitcoin will increase in future it may be go down in the future it depend on the attraction of the people towards the bitcoin.

[inturist]

Bitcoin is gold. The price of gold is determined by people's belief in its value. The price of bitcoin is determined by people's belief in its value. In this case, gold has some (very small) component of the price due to applications in the industry and the neck of people in India, and in bitcoin it does not exist, there - 100% of the faith.

[DoublerHunter]

This is just temporary and bitcoin can go up anytime or very soon. This is just a correction for the fast pump price of bitcoin and i am sure that in the future, we can see higher price and also stronger foundation of the price in the market because the market can have a lesser amount of weak hand investors and traders.

[ReasonOff]

Is it really related to coinbase technical problems? Or just a dump after a huge pump?
Btw, corellation between btc and other altcoins is really scary!

[AndriyPilipyak]

be patient and don't panic-hold btc

[ReasonOff]

Due to Christmas bitcoin was down.after December Bitcoin again fly and set new All time high.

What Christmas are you talking about? Catholic one is in 25 days, orthodox one even after that.