Your opinion about the fall of bitcoin

[signalbitbot]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

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[tyuner4]

Sometimes Bitcoin cannot be explained using technical analysis. IMO, there are too many fuds recently. Another reason is due to the Chinese New Year in mid Feb, I guess many Chinese will cash out during this period.

But I am confident that Bitcoin will recover later on.

[walterw]

I'm not worried, as it has become a tradition that btc price falls in january. Look at the data from the last few years, then you will notice that the price always fell in January. 
By the end of February or the beginning of March the price has risen again. I think this year will be similar and prices rise again no later than at the end of March. I hope so anyway. 

[Baofeng]

Been bad for the last couple of months now, so I think I have already witnesses the bad side of bitcoin. However, it doesn't mean that bitcoin cannot bounce back from all of the crisis its facing. Its very resilient as far as I know, although its the first time I have seen this sort of "bear" market, I think that bitcoin will recover and try to test another all-time-high.

If you mean that the price is not valid, well I guess no one can really tell. Its bad on supply and demand. The more people demanding the more the price goes up. As far TA, I'm not that technical to be honest, but I have seen TA's either a hit or a miss. So I don't bother to go with it. Its based on pure market speculation, most of the time TA doesn't apply to it.

[maimainguyen05]

Don't be so panic. Cryptocurrency market dump and pump every single day, it's indispensable thing. You should keep holding all your coin and token until Q2 of this year. There are a lot of news related to cryptocurrency come from Asia and US, these news affected a lot to cryptocurrency price and Bitcoin is not an exception. But you no need to worry, everything will be fine, as I know all problems solved and the all the market will be painted in green very soon

[Stingray1970]

I still wonder how much of this is caused by govs or banks in some way. If that's the case it's not looking good.

[Aderiho Bitjones]

Now bitcoin is going through not the best hours. Falling below 8,000 is unacceptable, but it's a fact. And we have nothing to do. Remain to wait, and hope for better.

[aardvark15]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

I’m no expert on charting so I can’t get technical about that. I do know that back in 2013 and 2014, there was a huge crash just after I bought my first Bitcoins and the price dropped from about $1200 to around $200 over the course of a couple of years before recovering. With that in mind, it could drop more than it currently has in this crash, but I still think a recovery will happen eventually.

[The Sceptical Chymist]

The weak hands will always get shaken out, because the bitcoin market--like every market in existence--is going to go through serious crashes like this.  And come on, people have been predicting a drop like this ever since we crossed $5000. 

When we hit $19,000 it was pretty damn obvious that bitcoin wasn't going to stay there because it rose way too fast.  Noobs don't realize that bitcoin is not an asset that "just keeps going up day by day".  I don't know how many times I've read those words here, but they're idiotic. 

Nothing in the world goes straight up.  Didn't happen in 2013 and it won't happen now.  And what do I think about bitcoin being below $8000? 

GREAT BUYING OPPORTUNITY.

[walterw]

GREAT BUYING OPPORTUNITY.

I am exactly your opinion. Now you just have to check the perfect time to buy btc. The danger that btc is still sinking but still exists, so I would advise anyone to buy with care.
Otherwise you could lose more than you want. But then you should be patient and HODL your coins!

[HokageNanadaime]

I am not too sad about the fall of bitcoin because I am very hopeful for bitcoin and other coins.I hope to rise soon all coins and of course bitcoin.

[Aneuk cabang]

Bitcoin is new currency that not accepted yet by many countries and even ban it. And the price's is less stabilized. According to bitcoin market trends, the bitcoin price's is always (according laat year data) falling down in tje bigining of year and will rise again gradually. If you really wantbto invest in bitcoin, hold it and dont be panic seller.

[pixie85]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

Maybe what people called the bottom 2 days ago wasn't it? Maybe it just confirmed the bottom right now as it failed to fall significantly lower than the first one. It wend just $100 lower so we could say this is the same price range. If it is so the beginning of the recovery will be now.

[ogini]

My opinion is people have jump into investing into the bitcoin investment without making some valuable research about it,if you have made a little research you will find out that it has been a normal thing for bitcoin to fall and raise again,you will also know it has gone through difficult times but it has always succeed in it market,new investors need to understand that they need to hold and wait for it to raise again above your cost price.

[coinbitrade]

Sometimes we observed several times the drop in the price of bitcoin. But always he comes back, and always put new price records. In this situation, everything repeats itself. And I think in a short time the price will stabilize.

[KevinHD]

It's great that Bitcoin would rest for a while while other cypros and altcoins would kick the market. Its a great opportunity to buy bitcoins as soon as it is cheap. Invest now and have a huge money at the end of the year.

[Tux99]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

Its already very bad run from all of cryptocurrency.
So if this is going lower again than its worse. As i know in crypto, technical analysis is sometime not working. So you have good analysis but i think its not 90% work. News or fundmental is the most important reference which can make sure the price up or down.

[dewynijhof]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

bitcoin has become so fluctuative recently, it has dropped too quick down below 7900$ in just a short time, however, the worst is not coming yet, the lunar new year is very close, i believe more investors will sell their coins to celebrate new year, so the closer to the new year, perhaps these drops will happen faster, lower than even now. i that case we can save some money to buy cheap coins or just holding to our coin and wait until the storm passed.

[gilangIDR]

GREAT BUYING OPPORTUNITY.

I am exactly your opinion. Now you just have to check the perfect time to buy btc. The danger that btc is still sinking but still exists, so I would advise anyone to buy with care.
Otherwise you could lose more than you want. But then you should be patient and HODL your coins!

It seems that bitcoin prices will not go down any more drastically. Even very possible to increase, now the trend of bitcoin movement is always so. The bitcoin price decreases and then increases, that's what the graph looks like. If done analysis then buy bitcoin is now quite worth it, with a cheap price then we can sell bitcoin at a high price in the future. If calculated then by taking the trading within a short time then we can take advantage.

[Vannie12]

Probably, it's still because of the unscaleable demand of bitcoin that we have been experiencing in years now I guess.

We are forcing bitcoin as mode of payment which is its function as a currency. Though we have known that Nakamoto did not thought about bitcoin facing such problem like lacking nodes and blocksize, devs find ways to make all fit.

While we are still in the the situation, it is not going to be healthy for businesses. That is why some are not accepting it anymore. Causing more crashes.
Gladly, bitcoin is a store value which makes it survive.

[fransbenotius]

I am not worried about this situation, because in my experience when I watched bitcoin last year the fluctuation of the price is always up and down, and I think we must wait for bitcoin when it increase the price. Fighting!

[Rana590]

As a crypto currency, the price of Bitcoin can be up or down. I am not worried about Bitcoin. In last few years, we saw many survival chapter of Bitcoin. Till now i believe Bitcoin as a legitimate currency. It is on the correction. Hopefully it will be recovered its price.

[indaybitcoin]

I have seen the behavior of bitcoin for the past 3 years and though it drops 3 steps back, during the peak season on the last quarter of the year, it goes 5-10 steps forward. I regret not investing in crypto currency for the last 3 years. When I look back, I see a bigger picture. I still believe in bitcoin, it's just a matter of patience of holding on...

[Choyor]

The presence of negative news from crypto business circles in Asia and the US affects the current price decline. Do not panic continue to hold our coins because it will pump back the value that is currently experiencing degeneration. Think positive that the current situation will recover soon.

[Argie021213]

Just like other forms of investment it is normal for a bitcoin to face such issues, since it has becoming known in the market,there are alot of factors that can affect the current value of each bitcoin. What is important is that we learn to identify which factors will be beneficial for us. The higher the risk the higher the return.

[8Habits]

Cryptocurrency, in general, is very volatile and aside from the pump and dump everywhere, the trading is really driven by emotions and it is so hard to guess the emotions of every trader around the world - so when there is bad news about bitcoin or any altcoins, the emotion trading sets in and that is the primary price movers.

Of course, we can't say that news is not being manipulated but any bad news can really touch the emotions of most traders.

[drew314]

We all know that the bitcoin price is so volatile, it goes up and goes down at any moment. So this downfall is very normal in my opinion. My co-worker said that it will continue to decrease and go back to $4500 the it will increase again. If it will really goes back to $4500, I think that is the best time to buy bitcoins before it increases again.

[Suharti12]

If I think the fall of the current bitcoin price is all the more normal if we are smarter to take a chance by buying when bitcoin prices go down and hold up to the high price again, and the price is now still high compared to 2016, if for me there is no problem for the current bitcoin price.

[Ilegendph]

Sometimes Bitcoin cannot be explained using technical analysis. IMO, there are too many fuds recently. Another reason is due to the Chinese New Year in mid Feb, I guess many Chinese will cash out during this period.

But I am confident that Bitcoin will recover later on.

Same speculation, if what Im remembered is right, they have the tradition that before chinese new year, they cash out because they need money on hand and not in the investment. I guess they choose to convert their crypto to local money since its easy to invest it again to the same industry.

[Dexion]

sometimes the crypto world makes us confused with the state of the market, so I think crypto and bitcon can not be analyzed by mathematical calculations.

many fuds that make bitcoin fall and sick, in februari bitcon must face the day of chinese and also valentine day, and sale will increase so bitcoin become fall again. but I'm sure in the end the bitcoin will be high.

[Shreek]

in the world of crypto altcoin can be very high and can also be very low and worthless. all can happened.

bitcoin today is below with its declining value capacity. natural correction will run long, so bitcoin must retain its value in order to survive. buying and investing is one of the ways.

believe me! bitcoin at the end of 2018 will reach a very high value.

[levvv]

in my personal opinion, this is just a normal phenomenon.
The bitcoin price need a correction in the beginning of the year.
you can look at the graphic of bitcoin price past 3 years.

[cryptobd86]

There may be a lot of reasons behind the downfall of Bitcoin, Remove crypto from banned.exchanger in various countries of the world.

[zhxb01]

The below is the records of Bitcoin’s steep fall in recent years:

September 14, 2010 to October 8th,2010, Bitcoin plummeted from $ 0.17 to $ 0.01, the drop range is 94%；

November 6th, 2010 to November 10th 2010, Bitcoin plummeted from $ 0.5 to $ 0.14, the drop range is 72%；

February 10th, 2011 to April 4th,2011, Bitcoin plummeted from $ 1.1 to $ 0.56, the drop range is 49%；

May 13rd, 2011 to May 21st,2011, Bitcoin plummeted from $ 8.45 to $ 5.58, the drop range is 34%；

June 8th, 2011 to November 17th,2011, Bitcoin plummeted from $ 32 to $ 2, the drop range is 94%；

April 10th, 2013 to July 7th,2013, Bitcoin plummeted from $ 266 to $ 63, the drop range is 76%；

November 30th, 2013 to January 14th, 2015, Bitcoin plummeted from $1166 to $ 170, the drop range is 85%；

March 10th, 2017 to March 24th,2017, Bitcoin plummeted from $1326 to $ 892, the drop range is 33%；

June 11th, 2017 to July 16th,2017, Bitcoin plummeted from $3025 to $ 1837, the drop range is 39%；

September 2nd, 2017 to September 13rd, 2017, Bitcoin plummeted from $5014 to $ 3766, the drop range is 25%；

December 17th, 2017 to December 30th,2017, Bitcoin plummeted from $19850 to $ 11690, the drop range is 41%；

The recently new drop began from January 6th, 2018, the drop range is nearly 60%. But now, the Bitcoin have rallied a liitle again. In accordance with the previous practice, Bitcoin will slowly rebound.

Steep fall is not frightening, the frightening thing is you lost confidence.

Therefore, everyone must be confident for Bitcoin, let us expect Bitcoin to erupt again！

[Hero44]

My opinion is that the fall of bitcoin is normal. From the past you see that bitcoin losses value and gains valued over time. So Don't be worried it must surely climb back to it's too position.

[monkeydominicorobin]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

You are always using the stock market terminology when it comes to trading BItcoin. Bitcoin is trading 24 hours a day everyday so your academically obtained analysis is just moronic.

[amarpk]

the price is  still in normal range if we consider the Dec 2017 price. dont panic it will highest in june once again

[madwica]

I think this would be a test for investors, if they really believed in bitcoin they/we continue holding it and do not ever selling it at a lower value. Also it happens due to panic seller, they will help to increase the supply of bitcoin that is why the price are going to decrease. And for now it is the right time to buy bitcoin and hold.

[Theyasirahmad]

btc will surely rise after valentines day and Chinese new year as we all know that Chinese have the largest share of crypto market

[Newboybb]

Maybe it's because the Chinese will cash out a lot of money before the Spring Festival.
I think there will be a big increase in March, so the end of February is a good time to buy.

[lunaalthea]

My opinion for the fall of bitcoin is that the reason for its fall is its nature of volatility, however it decreases continuously because of people panic selling, and thinking that it is the end of the cryptocurrency. Government, companies, and other media personalities doesn't even help it and even announces that it is the end of blockchain technology. What we have to do is to support the foundation of crypto industry, do not easily fall into the trap of capitalists.

[BTCeminjas]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

This happenings to bitcoin now did not surprised to me, if you are in old in bitcoin holder you know that every January to February the bitcoin price as going down, and it is bouncing back about 4-5 months after. This tradition of bitcoin price was repeatedly every year, so much better to us now have a patience and hold bitcoins a couple of a month then you will see the profit.

[Shwester]

Reason of falling is the ban of bitcoin in various country.

[Filthy1]

I believe a correction was due but to the levels we have witnessed is a little scary. unfortunately we cant always be green I just hope it moves back up quick otherwise it could be an awful year maybe years in crypto.

[Snaic]

We all know that bitcoin is too mobile in its price and high volatility is inherent in it by its nature. Therefore, there is nothing to be surprised at such a deep fall in price. I'm more concerned with the fact that for too long in bitcoin, its shortcomings are not eliminated - slowness and suspending transactions and high commission fees. I think that this is what influences most of all the drop in the popularity of bitcoin and a drop in demand for it.
Let's hope that its shortcomings in the near future will be eliminated by a network of lightning or a more perfect phantom network and bitcoin will recover again.

[chaosrift]

My opinion for the fall of bitcoin is that the reason for too much price increasing . however it decreases continuously because of people panic selling, and thinking that it is the end of the cryptocurrency. on the other other hand Reason of falling is the ban of bitcoin in various country.

[morata]

I think I have witnessed the bad side of bitcoin. However, that does not mean bitcoin can not bounce back from all the crises it faces, I am not worried, because it has become a tradition of btc prices down in January. Look at the data from the last few years, then you will see that prices are always down in January, By the end of February or early March the prices have gone up again.

[lossol]

Countries are either starting to ban or regulate bitcoin. If it's banned, people can't use it. If governments start regulating bitcoins, that means tracking people's accounts; who's buying & selling for tax purposes. People maybe selling to avoid the regulations they know are coming. The big players know this too and are probably cashing out so that helps bitcoin go lower. If they made 10M in bitcoins, they can probably get away with not paying taxes as governments can't track it now. Once regulations get in place & governments can track it, they'll have to pay almost 1/2 that profit in taxes. Also, the futures exchanges starting trading bitcoin futures recently so that allows them to short bitcoin. So this is another contributing factor to bitcoins decline.

[reighbut2017]

I think the only reason the bitcoin fall if countries ban bitcoin.

[AliMan]

I think the only reason the bitcoin fall if countries ban bitcoin.

Bitcoin will never fall literally like the value of mickey mouse money. If there is always downfall this month, this will grow uo again fo the following months or years. Bitcoin will never really fall until its investors lose their trust on this kind of crypto. But if we really want to maintain or make it better that image of bitcoin, let us help together to break the false information that blocks investors.

[BeManga]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

the fall in bitcoin always happen so for me its nothing new. but after the fall there always a sudden jump so just dont panic and hold it

[kitkat04]

I'm not worried, as it has become a tradition that btc price falls in january. Look at the data from the last few years, then you will notice that the price always fell in January. 
By the end of February or the beginning of March the price has risen again. I think this year will be similar and prices rise again no later than at the end of March. I hope so anyway. 

Yes bitcoin is unpredictable. It always surpasses our expectation about it but trust in the bitcoin. Its price will rise up again and it will be a great come back for the bitcoin. The bitcoin statistic in the past years shows that the bitcoin's price goes down during the first month of the year, actually between January to February but do not be worry, the bitcoin's price rise again when it hits march. The graph shows that this is a normal event so do not let yourself be shaken.

[lossol]

People talk of bitcoin's history(down in January, then up after that) as if that's going to predict where it's headed. Roflmao 🤣 Just because it may have done that in previous years, doesn't mean it's going to do that this year! If this was assured 100%, then these people who say this should be putting all their money on the line. But they are not doing this are they?

[Amilhussin24]

Well in my opinion concerning bitcoin fall at this year is due to korea and china bitcoin banned, and some other countries regulations for bitcoin. It really has a big effect for a bitcoin price to get lower. It's just a normal, and an basic economic, supply and demand. Basically, bitcoin population is being affected by this two countries bitcoin banned policy. So the demand of bitcoin got decreased because the supply of it is increasing.

[zlt220]

Bitcoin fall due to little problem encountered by exchange, there are a lot of transactions, and I hope it will recover soon.

[dvillier]

I think the fall of the bitcoin is due to the panic selling and stooping the investing in the bitcoin. If we stop investment ion the bitcoin and use bitcoin panicly due to the little fall in the value, it create a high fall in the bitcoin value. When we investing at a high rate in the bitcoin then the value of the bitcoin go high and high. I think we should keep investing in the bitcoin so that the value of the bitcoin will rise and many people from the world will change their life due to our investment. So for the sake of the humanity we should invest in the bitcoin.

[NeuroticFish]

I've met these days a friend we didn't talk for some time. I asked him about the fall of Bitcoin prices. He asked how much Bitcoin is now. I told him 8k-ish.
His answer was eye opening for me: "Last time I've checked it was 2k. The price is just fine."
And he's right. The "fall of Bitcoin" is just a correction. A big one, but there's plenty of room for it. People cash out their profits of 2017.

[bramovick]

I do not really think the fall of bitcoin, but I really hope the bitcoin will increase as usual.

[frery]

Sometimes Bitcoin cannot be explained using technical analysis. IMO, there are too many fuds recently. Another reason is due to the Chinese New Year in mid Feb, I guess many Chinese will cash out during this period.

But I am confident that Bitcoin will recover later on.

Yes, the Spring Festival is a big festival in China where prices have gone up. They need to buy new goods, new clothes, visits to relatives, etc. Therefore, they need more cash, the drop in Bitcoin prices is most likely due to China's Spring Festival Cashing .

[Phantomberry]

It just a normal happen when bitcoin is falling down when February comes and the goodnews is the best to buy crypto. Bitcoin is surely comeback.

[loengrinm]

It makes me worry as I cannot decide on which level should I invest more. I will invest about $2000 or so in next 30 days for sure because it seems the appropriate time to do so.

[Dodoymabs]

There are so many unexpectedly happens about the fall of btc like social media wanted to ban the ICO. The negative news which bothered btc holders to decide to dump their coin. To make matters worse, the security of cryptos was called into question last week after £380million worth of NEM was stolen by hackers who targeted the popular Coincheck exchange. This what makes the fall of btc.

[xuv500]

There are many reason behind the fall of bitcoin price and few are like Chinese festival holidays, Face Book banned advertisement of crypto and some negtive news that countries have banned or planning to ban crypto transactions. 

Just want to say that when bitcoin price was at around $1000 last year same month it spiked to around $20000 in December. Same way this year also there is a spike expected and crypto experts predict around $40000 end of 2018. Don't worry about the current price and wait for bitcoins price to reach the sky within this year end.

Other way round, the number of ICO's are increasing day by day is also a positive sign for crypto market to mention here.

[Ray3z]

Sometimes Bitcoin cannot be explained using technical analysis. IMO, there are too many fuds recently. Another reason is due to the Chinese New Year in mid Feb, I guess many Chinese will cash out during this period.

Chinese new year could be one of the sense reason of this fall and also you are right, sometime technical analysis is not working in cryptocurrency because only news which is working better than.

But I am confident that Bitcoin will recover later on.

I give applause for your confident. The price of altcoin will not this deep when everybody confident like this.
Confident and hold our coin is necesarry thing right now. No need panic right now.

[pombur]

Bitcoin price crashes were also due to changes in regulation in this sphere in South Korea, experts say. There is already the third day, the law requiring cryptocurrency traders to identify a Bank account. For the fall of the bitcoin exchange rate was influenced by a message from India, whose authorities want to ban cryptocurrency trading in their territory, as they consider them illegal means of payment.

[CryptoBitCoins]

I think that the current price for bitcoin can not be considered its fall. Remember that we spoke literally half a year ago. We thought that at least 5k worth, but now 8k and we are not happy. The fact that the price of bitcoin has increased to almost 20k indicates that there was a lot of excitement for him. It seems to me that the current price is optimal for bitcoin, but of course like many I hope for the best.

[Walrus1]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

it's still up 7,000 percent in a year

[parassinghal]

I think this up and down is common in investment. Yes you are right that its price are very less but most probably its price will increase in upcoming months. So i am not worried about the price.

[zedicus]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

it's still up 7,000 percent in a year

Yes. Its on a dump right now but you should look at the difference between bitcoin's price this year and last year. I think the situation right now is based on government regulations on cryptos but I do think that it will not last that long. There are so much great projects out there that used bitcoin as a foundation. I think that it is a good start to a new growth and development in crypto world. It is natural that we get anxious and stressed especially when we are holders, but we should also trust the system and use what we know to try and make a move that we would regret the least.

[ignacio0404]

So this news just came up to scramble  the  eyes  of some  innvestors which  is  really  successful. but Idont think bitcoin will fall its stability easily.

[Coin12]

Now bitcoin is going through not the best hours. Falling below 8,000 is unacceptable, but it's a fact. And we have nothing to do. Remain to wait, and hope for better.

Sad but true, this is what happen this month. No word can you say include " unacceptable ".
As we are trader, we have to accept this and start moving on. Market always win and try to follow it rather than looking for how to complain the market. Market is the right king in investment world.

[ethereumhunter]

the fallen is too deep and now we reach $7k, I don't have any idea how far the price would go down. but we still have 10 months later to see what will happen in the end of 2018 and I am sure that the price will increase more than $10k although it's really hard to see the price increase. and if we see at the bitcoinwisdom, the price could decrease again until reaching $5k-$6k but we have a chance to go back to increase again until $10k.

[paul00]

I am proud to say that I am a holder of Bitcoin for few years now although last December I have made a decision of withdrawing some of it and converting it into cash. I know that with the current situation of bitcoin I know that 19000$ is a one big time situation and it would barely come to this value again. Hence, withdrawing some of my Bitcoin does not give me regrets even if the value would have raised more than that today.

[crazyivan]

What I cannot understand is so many newbies pumping money into crypto without elementary knowledge how financial markets function.

No wonder we see this FUD and panic.

Bitcoin will no die and it will bounce back. Think about these words before you decide to dump your crypto at a loss. Use you brain for a change.

[yesuidanggan]

Indian and south Korean regulations have had a big impact on the BTC's decline.

When you fall, there is nothing you can do!

Now only adjust the mindset, I looked at the prices of the past January and February, march is likely to go up!

[onnz423]

I'm not worried, bitcoin has gone through similar falls in the past, and has always recovered. Bitcoin is trying to be independent of fiat, to stand alone as a digital payment system, it's going to go through some hurdles due to the competing interests of banks and governments, but on the whole this system cannot be stopped. Bitcoin, or something much like bitcoin is the future.

[Steve_Tou]

Bitcoin is speculation, it can rise up high and fast and drops low and fast too.
Just make sure you can afford what u can lose.

[arthotdog]

Sometimes Bitcoin cannot be explained using technical analysis. IMO, there are too many fuds recently. Another reason is due to the Chinese New Year in mid Feb, I guess many Chinese will cash out during this period.

But I am confident that Bitcoin will recover later on.

fuds making this market panicking,those weak handed users helping those trolls to make this dump possible,forcing many holder to sell their coins in lower price because afraid of big losses.but if we will continue pushing the trustees to hold and remain supporters of bitcoin.eventually the market flows will stabilize and return to normal again

[investerS]

I am not an expert in crypto analysis but i have read so many comments and realized that majority are of the opinion that the downward trend of bitcoin is temporary and normal and so it will soon bounce back, i like to agree with this.

[UAE Seasider]

The drop in the value of Bitcoin has been really severe, but two things to bear in mind there has been a January to February fall in prices in each year since 2015 and that lately there has been a relentless media attack on Bitcoin which the more cynical amongst us seems co-ordinated.

[KingOfWinterfell01]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

The hype is dead. I think it is high time bitcoins came down from its throne and make a new seat for the coming cryptoking. At least bitcoins had a good run these past few years specially 2017 when it peaked at around $25,000. I guess we'll have to wait for another bitcoin hype or miracle at least.

[Hypnosis00]

It is normal to see that bitcoin is falling down and having a correction because just think about the run of bitcoin from the last month of the year 2017 and as you can see that there is no correction and it has a huge run and that is why we are suffering but you all know what to do, which is buy and buy, keep buying and wait for the new all time high.

[Hobo66]

This really looks bad to see bitcoin price falling
as allot of expert analyst predicted bitcoin will
go down in price value this year.

[Rappyboy]

Its a necessary correction, and this historically happens every before the chinese new year, media are taking advantage spreading bad news around crypto, and guess what, as long as you know the fundamentals inside crypto you dont have to fear this dip, for this wont be long, and everything will go back to normal, this happens to every market in the world, so whats new.

[SmokerFace]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

There's so many reason why Bitcoin and Altcoins are falling at the same time not everytime bitcoin will rises its value there's a dump stage in every coin hard pump and the other reasons are the Whales or big traders are getting profit and making another strategy to make other investors gets panic during Dump stage and due too chinese new year are near chinese are withdrawing their bitcoins to get ready for this event and other investors know what happen that's why they dump their BTC too but don't fall on panics because that's just a part of bitcoin successful pumps soon.

[KITTY 0108]

I think about falling its bitcoin, probably because of its persaingn factor alone, so do not assume too quickly the negative with its falling bitcoin, we should be able to think fositive that bitcoin will be in the top position again.

[bit_smoke]

There is a lot of fud in the market right now, plus it was time for a correction! I am not worried about the BTC price though, it will definitely bounce back to new ATH. However, I think it will take longer than people are anticipating. This is not just a one week dip, its a bear market that will probably last several months if not longer imho

[zarados]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

Today's market cryptocurrency shows positive signs after successfully rising about 20% from the bottom especially bitcoin with more than 20% up from around $6.5k (around $2k increase/day). It may take up to March for bitcoin to reach above $10k, this is due to FUD still felt by some investors since it crashes for more than 4 weeks.

[akamit]

I am proud to say that I am a holder of Bitcoin for few years now although last December I have made a decision of withdrawing some of it and converting it into cash. I know that with the current situation of bitcoin I know that 19000$ is a one big time situation and it would barely come to this value again. Hence, withdrawing some of my Bitcoin does not give me regrets even if the value would have raised more than that today.

If you have converted all or some of your BTC into USD in December then you have taken one of the right decision.
Now you have the great opportunity to buy back the BTC in the huge dip. Not everybody has the ability to take a decision at the right time.

But I'm disagreeing with the word "barely" you have used regarding BTC rise. In my opinion, BTC will hit back again harder because it has that potential.
Don't get me wrong but your word "barely" creating uncertainty regarding BTC rise again.

[thenameisjay]

I think everybody saw this one coming. No one just believed because bitcoins are that good, they said. I guess when the hype is gone and only true fans of bitcoins will remain. A lot more has abandoned ship and cut their losses big time. Can't blame them though.

[PalindromemordnilaP]

The fall of bitcoin is due for corrections which supposed to last for a couple of weeks but while the situation is already bad, FUDing around makes it even worst as investors/people sold their bitcoins due to panic selling.

I believe that this will just pass and bitcoin will rise again strong soon.

[Serious475]

For me the fall of Bitcoin is natural and it is nothing to worry about. I think this fall can give a great chance to others who want to invest in Bitcoin. We do not know when Bitcoin's price will reach again the 20k mark. As they said Bitcoin is volatile, so never lose hope and try to invest if there is a great chance to invest in Bitcoin.

[wojiaohahaha]

Yes, it's a shock that the last month's bitcoin situation was so bad that it dropped from $20,000 to $7,500 now.
But reviewing the development history of the currency, you will find that the currency will happen a big drop in January, this is caused by many reasons, I think as long as we survive in February, the currency will soon return to normal in March

[walterw]

GREAT BUYING OPPORTUNITY.

I am exactly your opinion. Now you just have to check the perfect time to buy btc. The danger that btc is still sinking but still exists, so I would advise anyone to buy with care.
Otherwise you could lose more than you want. But then you should be patient and HODL your coins!

It seems that bitcoin prices will not go down any more drastically.

As it stands, the price has dropped even further. I think the price will go down a bit but do not think that it will go up in the next few days (weeks?  ).
I hope it will continue to rise steadily in the next few months. I'm not in such a hurry and can still wait, so I'll just HODL my coins until the price is acceptable to me again.
I think the biggest problem are the people who sell their coins with every little FUD, instead of keeping them.  

[Rozcobs]

It has been observed for just a few months at the 4th quarter of last year that bitcoin started to fall in price. Then it still dips until now. There's a reason behind this event. It might be somebody's trying to control it like another big financial group or person. But I can't prove that it's only a matter of opinion to how this trend had been going. Hope that it can cope the next succeeding days, weeks or months. One thing I know that falling down is bit by bit with bitcoin but when it rises up, it's like you are going high to the sky it will bounce back very soon.

[charlotte04]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

Well, my opinion for Bitcoin's massive downfall because it needs to rest because it has been soaring for quite a bit, and once it has rested good, then it's time to fly high again. Every stock does it. So why not Bitcoin?

[YajairaSN]

If Bitcoin prices fall below the second support zone located at $2700-3200 this will mean not only the collapse of the "bubble" but in general the entire cryptocurrency market.
The main cryptocurrency will completely depreciate and the market capitalization will fall below $ 100 billion.

[Baoo]

In my opinion, this fall in Bitcoin is well-studied from the capitalist  and their goal of that is to reduce the price between $ 7000 and  $ 5000. And are aiming to repurchase large proportions of bitcoin and other currencies in that period.
As a matter of fact, I do not think that this crisis will last long ( the end of this drop  will be after  1-2 weeks ). and however there are some users of cryptocurrecies are afraid about this drop and they think that Bitcoin will die soon. and this thing is absolutely wrong because Bitcoin will jump soon and it become better than the above and may be the price will hit 40k after this crisis.

[Clifford Lee]

see i cant predict the future of BITCOIN and you should not loose hope. i suggest you to take an organised approach while investing in such a risky segment.

[Roland Black]

If you look at the graph of Bitcoin, it has had several corrections in the past. Right now it is undergoing a major correction, and I do not expect the prices to come back anytime before January 2018.

Whether you want to hold on to it or not is your wish. I am still holding.

[Ayaancool]

It's not at all good for it's flow . ln future this situation will mark up on the bitcoin history. Sudden fall of Bitcoin and the growth of other cryptos like ethereum, ripple.... Make me afraid that, is bitcoin overcome from this crisis.......?

[bitcad4u]

Now the price of bitcoin is low,it's start reducing from 8000$.The price of bitcoin is 7400$,now it's reduce further .Since the price is fluctuate,you should hold bitcoin with patience.I think the price of bitcoin  will reduce to 6500$.If you have a idea to inverse in bitcoin,just wait till the price reduce further .

[RealSohan]

Bitcoin of the best cryptocurrency  all world . I thaink the currency  big rat Btc.

[Caladonian]

I am not an expert in crypto analysis but i have read so many comments and realized that majority are of the opinion that the downward trend of bitcoin is temporary and normal and so it will soon bounce back, i like to agree with this.

I'm sure you will thanks all of those who gives that replied as they already experience same downfall before, base on my personal experience corrections is normal and should take as an advantage if you really wanted to gain a lots of money inside crypto, just carefully read deeper and study how the flow will
proceed so you will be able to place your entry in the timing.

[weston4mills]

I think bitcoin dropped because with the amount of coins that are made everyday people focused less on bitcoin so it went down

[Coinlover9]

It was orchestrated by companies to gain profit.

[Finestream]

I am not an expert in crypto analysis but i have read so many comments and realized that majority are of the opinion that the downward trend of bitcoin is temporary and normal and so it will soon bounce back, i like to agree with this.

I'm sure you will thanks all of those who gives that replied as they already experience same downfall before, base on my personal experience corrections is normal and should take as an advantage if you really wanted to gain a lots of money inside crypto, just carefully read deeper and study how the flow will
proceed so you will be able to place your entry in the timing.

Right.I suggest to study the charts on bitcoin price from its beginning up to the present so you can really compare the price and make an analysis on it.History may be a great influence in dealing with today's scenario and facing it smartly.Because of this,i feel less worry everytime price dips and corrections took place.I know within the next couple of days everything will be set back to its original price.

[xiaohao111]

I am not worried about the currency would have been down, I think I hold no reduction in the number of COINS,
I hold my COINS patient now  The price of the currency is low, I can use a lower price to buy COINS
 I am very happy with such a low price to buy, in the future, I will get more profits

[matthewtherry]

Sometimes the analysis can not explain us very well but I decided to stay calm, no to panic. Better days are coming for bitcoin

[Eterbank]

I would say that there are so much attacks on bitcoin from every corner that it simply must go down. I guess for purpose of accumulating more before new uptrend.

[8Habits]

Sometimes the analysis can not explain us very well but I decided to stay calm, no to panic. Better days are coming for bitcoin

In this current bitcoin scenario, there is no amount of technical analysis that could predict where the price is going because it is now heavily dictated by emotions of most traders and holders.

It is very hard to determine each individual emotions but I think the old-time advice of buying while people are afraid is a good reminder and mindset to have right now.

[LuffyD.Monkey]

If you look at the graph of Bitcoin, it has had several corrections in the past. Right now it is undergoing a major correction, and I do not expect the prices to come back anytime before January 2018.

Whether you want to hold on to it or not is your wish. I am still holding.

The reason behind this much of the fall of the market value of the bitcoin is that there are number of investors who have withdrew their money out of it by looking at the present situation of the market. Other than this, the decrease in the rate of the demand of the bitcoin in the international market is also resulting in creating this kind of situation for the bitcoin as well as the ones who are there into this business.

[investerS]

there is a saying that "what goes up must come down", btc has gone up so much against other crypto and its time for it to fall before rising again.

[Rafikusuma]

I think this may be the cause of the fall of bitcoin because of the large number of people using bitcoin. so often people sell and buy bitcoins that cause bitcoin to fall.

[upsidedown75]

Sometimes Bitcoin cannot be explained using technical analysis. IMO, there are too many fuds recently. Another reason is due to the Chinese New Year in mid Feb, I guess many Chinese will cash out during this period.

But I am confident that Bitcoin will recover later on.

fuds making this market panicking,those weak handed users helping those trolls to make this dump possible,forcing many holder to sell their coins in lower price because afraid of big losses.but if we will continue pushing the trustees to hold and remain supporters of bitcoin.eventually the market flows will stabilize and return to normal again

It is a part of every business that you to get yourself mentally prepared for any kind of loss in whatever you have invested. This thing should not be dealt as a fear but something to be faced with courage and to minimize it, adopt the policies that can help you get more and more benefit from whatever you have invested.

Just believe in yourself that the things are going to work for you , and apart from this believe make sure you all the necessary knowledge which can help you get maximum benefit from bitcoin.

[Octc76]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

in the world of crypto, this is very reasonable in my opinion. especially nowadays many countries are banning the existence of bitcoin. so the possibility could happen from that factor.

[shanksluffy]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

Im sad because all my eanings decrease and I need to wait in bitcoin comeback to earn more money and buy my stuffs. The Fail bitcoin have benifits because you can buy btc on low price and sell it when the bitcoin rise up and earn more money

[ChConcept]

Well, for me the downtrend of Bitcoin lately is due to a lot of negative news about it, a lot of Bitcoin holders panic sell that's why the value keeps on going down.

[Xiomara]

The US Senate softened the approach to regulating bitcoin, which was publicly discussed. Further, the sale of bitcoin finished its cycle, and the correction of prices was bound to happen.

[Cholidm]

there are many factors that make bitcoin decline from the statistical data of online traders every day diminish means that enthusiasts begin to decrease but that does not happen without the reason the number of negative issues issued some conventional media and some countries banned, the existence of a hack case in japan make the virtual money holders began to worry about safety of his money. but I'm sure bitcoin will grow up again a few months ahead

[pragna]

Every coin has ups and downs. Bitcoin is as usual. I think there has some gambler who creates false news in market as a result ctrypto market falling down. But day day when people will realize all are fake news BTC will go its top position. There is no doubt.

[Vin183~]

I just keep calm because I know that bitcoin will rise again the price.

[Verdika90]

my opinion this year's bitcoin price reduction is a small correction of the bitcoin price level in 2017 and some speculative money that has been invested some time ago, has been pulled back by outside investors to make a profit.

[Kuya Kim]

Don't be so panic. Cryptocurrency market dump and pump every single day, it's indispensable thing. You should keep holding all your coin and token until Q2 of this year. There are a lot of news related to cryptocurrency come from Asia and US, these news affected a lot to cryptocurrency price and Bitcoin is not an exception. But you no need to worry, everything will be fine, as I know all problems solved and the all the market will be painted in green very soon

Like any other businesses, there are good times and bad times. But the good thing about biycoin is that you never had to wait for weeks or even days to wait for it to go up.. it flactuates from time to time and always make sure to save some so that when you see a good rise, buy it.

[Turkish88]

There i see 2 ways: first government want to regulate this market and drops reputation with news, other reason some one ant to buy big amount of btc and try drop price

[gaby0312]

I don't understand why people get some much scared about that drop. Bitcoin will always have up and downs, and in that moment, it's obviously a down. But it will get better, as always. So keep calm and hold your BTC.

[Kowalskix]

Every market have their ups and downs. FIAT market, grocery market, flower etc.
It's not possible for Bitcoin or any other participant in the market just to grow.
Sometimes goes down for many reasons.

[romecheo]

It was a big SALES!, Whenever BTC price goes down and even make a big dipped with more than what we speculated.

Many of BTC HODLer are not affected, most specially those who belong to season HODLer, because they witness the rise and fall of Bitcoin many time. Which other called it roller coaster phenomenon.

[siddu67]

I have not any special opinion about the fall of bitcoin.Because it is a usual feature of bitcoin.The price will uos and downs.But you have not to worry so much.Just be patient,hold your bitcoin and earn a lot of profits.

[lillyann]

Ken Rogoff is a respected professor of economics at Harvard University. He was the chief economist at the International Monetary Fund for several years. Regardless in the scientific community, he is treated as an expert, and his opinions often attract a lot of attention. Probably, through the Guardian's blogpost about Bitcoin, he will focus even more light on himself. In the entry, Rogoff writes:

It is hard to say what would stop central banks from creating their own cryptocurrencies and using regulation to overcome the scales of victory on their side. The long history of currencies taught us that what the private sector discovered, the state finally regulates and uses. I have no idea what the price of Bitcoin will be in the next few years, but there is no reason to expect that Bitcoin will not face a similar fate.

[ariakoli23]

I never believe in hopeless, very soon market will recover it self and will come to open an opportunity for investors.

[supine]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

I really think that if you have been into cryptocurrency since 2011, you will find it normal during the first quarter of the year. Bitcoin price died a lot of times and recovered, and even surpassed it's ATH every year. The greater the fall, the higher the bounce. So, if you are really patient enough, or if you can buy the dip and hodl, you can earn a lot from it.

[luigidosado]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

Most of the changes in the price of bitcoin is because of the situation in the market. Right now, bitcoin's price remain stable at almost half of its price compared last year's this is due to some changes in the bitcoin's market. These price drops of bitcoin can be a very good opportunity for us investors to be able to buy bitcoin at a smaller value. We all hope and believe that bitcoin's price will increase again after a few months or maybe at the end of the year, in that way we can earn the profit that we want out of our investments on bitcoin's price dips.

[barabut]

In general while the manipulation is online studying the technical analysis will not give you the correct data, outcome. So you have to combine it with the current updates on the market. The fall of bitcoin as this much of fall is not normal and can not be explain by technics, they won't work at this circumstances. If you have an experience of the market then you can take action otherwise it is not easy to catch the movement.

[joebrook]

Sometimes Bitcoin cannot be explained using technical analysis. IMO, there are too many fuds recently. Another reason is due to the Chinese New Year in mid Feb, I guess many Chinese will cash out during this period.

But I am confident that Bitcoin will recover later on.

Its all about the FUD that makes the price keep on dropping and matters with the Chinese permanently banning Bitcoins didn't really help matters at all and while it is going to recover, the road to recovery is indeed a very long one.

[Harrisonimo]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

The deep also affected my heart too. The fall was imminent but the extent was damaging. But there is definitely going to be a come back which is imminent by the middle of this year. The least dip has happened and now the rise is to come next.

[Coin12]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

Your explanation is good i think. I mean if the wave 2 can not fall below wave 1, its meaning that the lowest price is in the wave 1.
So if the price can not break the lowest price and its good signal but why you said it will be very bad? Dont understand.

[Rainmaker45]

Well, for me the downtrend of Bitcoin lately is due to a lot of negative news about it, a lot of Bitcoin holders panic sell that's why the value keeps on going down.

First you need to know that whats so ever goes up comes down. it has just faced the worst it will face. lets expect up trends from now. am so happy it went down because it gave many opportunity to jump into it. Bitcoin is here to stay.

[Meowth05]

I'm not worried, as it has become a tradition that btc price falls in january. Look at the data from the last few years, then you will notice that the price always fell in January. 
By the end of February or the beginning of March the price has risen again. I think this year will be similar and prices rise again no later than at the end of March. I hope so anyway. 

I hope that it will become like before, that is why if we have fiat we should buy bitcoins as long as it is cheap because I also believe that soon bitcoin will rise up again and become tremendous. If your speculation has a high probability to occur then there's no reason for me to worry about it.

[Seeker#9]

There's nothing strange about bitcoin's correction in this early part of the year. This kind of price fall happens annually and is unavoidable because of bitcoin's high volatility. Bitcoin have already suffered some of it worst price crashes in the past but it always managed to come back strong and reached many all-time highs later. No matter how deep is the fall, bitcoin always find way to climb back to the top.

[Gabb]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

The possibility of an eventual correction was always present in the majority of bitcoin analysts, but very few expected that it would be so strong, and in such a short period of time. In fact this is the main problem that the market must face in order to return to the path of growth: try to convince new investors that it is still worth investing in a market as volatile and unpredictable as this.

[ariakoli23]

Nothing to say without waiting for right moment. some several reason behind the price fall of Bitcoin. But market will recover very soon.

[kjnfmplm]

In this kind of bad situation, we should not be in panic. Other people find it an opportunity to buy or sell bitcoins. And when the price has risen once again, then they are the one who will reap the rewards because they trusted bitcoin that it will bounce back again. Maybe, at the mid-year, bitcoin will continue to rise up once again.

[jenny399]

well what ever goes up goes down , but still hopping it will again go up

[Lazada]

The decline in Bitcoin prices I feel as a very natural thing to happen. We all know that the price of cryptocurrencies is strongly influenced by the demand factor so that as fewer people trust Bitcoin then the price will decrease, that's what happens nowadays that most people panic sell so the market condition is not good and it makes the price of Bitcoin declining rapidly . And when we can trust everything against Bitcoin then we will get high Bitcoin prices.

[bernashka]

Look at the Dow and make a correction for volatility. But Bitcoin has his reasons for falling. China, Korea, Japan, a series of scandals. But these are all occasions. Deep correction was predetermined by rapid growth.

[Mer1251]

The fall of bitcoin is so obvious every year bitcoin will fall and before the years end the bitcoin will raise again to top bitcoin comeback

[meer45]

There's nothing strange about bitcoin's correction in this early part of the year. This kind of price fall happens annually and is unavoidable because of bitcoin's high volatility.

See, this comment just doesn't make sense to me. Bitcoin is not volatile only at the beginning of a year, it is volatile throughout the year; so you can't explain the drop only with the volatility aspect.

Two big reasons in my opinion, the first one being the sudden increase in price, towards the end of 2017. I remember just around November we were discussing whether it was realistic for bitcoin to reach $10K before the end of the year. The fact that it reached 2x that level shows how inflated the price was.

The second reason was a lot of governments questioning the legitimacy of cryptocurrencies and they weren't giving clear signals on how they would approach crypto. But it looks like that FUD is dissipating, because big governments are slowly starting to give clear signals.

[wormgummy019]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

For me, there is nothing to be worried because the downfall of bitcoin is temporarily. Sooner or later the it will rise up again. As of now bitcoin is slowly recovering from that big downfall. Many investors ask what to do to their bitcoin because the bitcoin in falling. For me they should wait for the right time to sell their bitcoin. We all hope that the bitcoin will recover immediately because many investors don't know what to do now.

[baricuri]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

haha I am really happy to see the bitcoin prices rising again. Bitcoin will never collapse, experts predict that in 2018 bitcoin prices will increase to $ 50,000. I believe this will become a reality. And in the near future, the world will accept bitcoin in payment contracts. I feel more energetic, as bitcoin prices increase again.

[musharaf]

Bitcoin some time fall and some time rise it is not true that the bitcoin will grow always it is up to the market and if the people show interest and they buy bitcoin then it is very good to have the bitcoin. The bitcoin price fall because the new altcoin comes into the market and many of the bitcoin holders have shifted to the other coins which make a huge gape in the bitcoin demand and that's why the bitcoin price fall.

[partysumo]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

experts predict that in 2018 bitcoin prices will increase to $ 50,000.

Can you provide some sources? Recently, most of the outlooks on the bitcoin price are pessimistic, because with this recent drop I think a lot of people have realized how powerless they are when it comes to predicting the course of bitcoin. So if you could back this statement it would be great.

[betiteh0777]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

everything will be back to normal soon....

[CryptaMagia]

The drop of bitcoin is a cyclical pattern, how low it will fall to predict is difficult, but it is obvious that after the fall there will be its growth and most likely growth will be overwhelming!

[irmasany]

I'm not worried, as it has become a tradition that btc price falls in january. Look at the data from the last few years, then you will notice that the price always fell in January. 
By the end of February or the beginning of March the price has risen again. I think this year will be similar and prices rise again no later than at the end of March. I hope so anyway. 

I agree, and I am not too affected at the rate of decline. although I admit to having a sense of worries.
this moment I use to buy a lot of bitcoin. I think in the coming months will rise again

[dhka]

Very shocking. I cant imagine the exchange rate of bitcoins drop so fast. And im not expecting it. So disappointed.

Poor you. Now you have to sell it all in order not to lose even more

This is not falling, just correcting
As you can see, current price is still higher than starting point of previous bull run. And I expect the  ext bull run to reach a new all time high

[September11Myth]

I would not use such a dramatic title. The parabolic rise of december was insane, so now the correction is truly dramatic. I am expecting the price testing the 6000 level once again and possibly establishing an ever lower bottom, before price can start to climb back.

[maryhansenn]

Bitcoin in not falling. It is a strong cryptocurrency and the price will rise again. Just wait for it

[TTITA]

Well, for me the downtrend of Bitcoin lately is due to a lot of negative news about it, a lot of Bitcoin holders panic sell that's why the value keeps on going down.

First you need to know that whats so ever goes up comes down. it has just faced the worst it will face. lets expect up trends from now. am so happy it went down because it gave many opportunity to jump into it. Bitcoin is here to stay.

That is why it Bitcoin has volatile, market will react on anything of news that related to. I would not blame people who sold out their coins when the situation fall are dip. It's their money, they should have control about how and when to save and spent it.
I wouldn't agree to said this is a correction, because this has been happened few years ago that Bitcoin's price always fall at the beginning of the year, I think this is the manipulation of the some exchange board or big investor, to makes people to sell their coins panic in cheap price, then they will re-stock and increasing price of it to re-selling back to the market. This is a business, isn't.

[BlackRacerX]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

With prices today, I won't even be surprised that bitcoins will reach an all time low of $2,000. This is a good example of how volatile bitcoins are in terms of price. Really deadly. A lot of people can steer the price of bitcoins in one minute and then spike it on the other. I just hope a lot more people would support bitcoins after the crash.

[dixon98]

Maybe history is repeating itself. The Real Tulip Mania Looked Nothing Like Bitcoin...

[cliffdex]

The fall of BTC today cannot be compared with it's heavy rise today, so it falls today to rise much better tomorrow. keep the heads high for there's another time to smile.

[emezh10]

Sometimes Bitcoin cannot be explained using technical analysis. IMO, there are too many fuds recently. Another reason is due to the Chinese New Year in mid Feb, I guess many Chinese will cash out during this period.

But I am confident that Bitcoin will recover later on.

Looking back at the history of bitcoin, It has been really a roller coaster ride when we see at the value of bitcoin, Bitcoin had undergo a lot of major slides, but managed to bounce back stronger from the dips it has experience. Right now, the price of bitcoin is still decent, so there is no need to panic. Bitcoin will manage to correct the price sooner or later.

[Targusluxe]

It is just a over reaction of investors of some bad news about BTC but now i think many investors will likely come back to buying bitcoins because the US senate is planning to set regulations to Bitcoin which is good for the market because institutions will not dought investing their fortunes to bitcoin.

[joshua05]

For the news would came that way, some have their evidences. But as for its fall, maybe it will rise again, on the other years or the past years, bitcoin in times may fall, but for months it will continue to rise again double than before. and for me its still a burning freeze on banking!

[bitfocus]

just check on coinmerketcap and bitcoin is again $8350 right now. Actually, in any investment market things dips and rises - it's a natural trend, so, no losing hope, okey?

[futuristic18]

Nothing to worry about. Let March come, the things will be on normal track very soon.

Till then, if you have appetite to take more risk, buy more of Bitcoin it may give you a high profit in a couple of months later.

[Kakawate]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

Actually I am not that worried with bitcoin falling its rate too fast, in my opinion this is actually a good happening, now that bitcoins price is getting lower and lower, now is the time for me to get more bitcoins and hold them, I know that bitcoin will soon be  taking its peek again, and everyone who held on to their bitcoins will be once again be celebrating because of the big profit that they have gained.

[Duogembrot]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

sometimes the rising and falling conditions of bitcoin prices can not be tracked or implemented with the correct trading methods because it all depends on the issues and market conditions, when there is a negative issue then the bitcoin price will go down and should be able to take advantage of that opportunity to buy as much as you can.

[babala]

It is normal that bitcoin price will fall. We were not able to control the market in some circumtances or ocassions. So since price drops, it was advisable to buy more on bitcoin since it was affordable.

[fuer44]

apart from some issues from different countries against bitcoin, my opinion about the value of bitcoin that goes down is when bitcoin prices go up in 2017, everyone just sells all the bitcoin they have. no one buys bitcoin and in the end the bitcoin wheel rotation stops and its value is hard to pump again.

[Lintel]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

There are many reasons we don't behind the fall of bitcoin recently. so many FUD that comes out and also the korea and india thing about banning the bitcoin. Things like that affect the price of bitcoin. then people started to panic and sell their bitcoin. the more you sell your bitcoin, the more it decreases its prices.

[Ronni]

When bitcoin falls, many people will be affected especially those who are investing to bitcoin, bitcoin is very powerful nowadays, even a small percentage of fall of bitcoin can have a big effect. People are expecting high values in bitcoin, when it falls, people will think that there is a problem about cryptocurrency, they will be confused on how it falls.
However, for me, it is not normal that we are experiencing certain fall of bitcoin, it is normal, it will fall but bitcoin will rise again BTC

[SmartO_Alyona]

When bitcoin falls, many people will be affected especially those who are investing to bitcoin, bitcoin is very powerful nowadays, even a small percentage of fall of bitcoin can have a big effect. People are expecting high values in bitcoin, when it falls, people will think that there is a problem about cryptocurrency, they will be confused on how it falls.
However, for me, it is not normal that we are experiencing certain fall of bitcoin, it is normal, it will fall but bitcoin will rise again BTC

I totally agree with you, because it the foundation of all cryptocurrenty, it's like a grandpa of the family

[Maryverycool]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

I'm not worried about bitcoin because it happens every January.
I need to do now is patience of waiting, the currency in late February will be back to normal at $10000, in the coming months, it will reach $20000 again, I hope my guess is correct

[cepedacharles29]

There's nothing strange about bitcoin's correction in this early part of the year. This kind of price fall happens annually and is unavoidable because of bitcoin's high volatility. Bitcoin have already suffered some of it worst price crashes in the past but it always managed to come back strong and reached many all-time highs later. No matter how deep is the fall, bitcoin always find way to climb back to the top.

[francedeni]

There's nothing strange about bitcoin's correction in this early part of the year. This kind of price fall happens annually and is unavoidable because of bitcoin's high volatility. Bitcoin have already suffered some of it worst price crashes in the past but it always managed to come back strong and reached many all-time highs later. No matter how deep is the fall, bitcoin always find way to climb back to the top.

If we think always of the down fall of the price of bitcoin we get panic immediately. This fall of bitcoin happen anytime so let's adopt this changes. If it had bought at ath price best is to hold.

[Jasell]

Though I have not reached a year since I have come to know about bitcoin, I am certainly not one of those newbie/panic-sellers driven by FUD and many other fake news that brought the downfall. I strongly believe it would recover soon fast.

[tikong]

would not use such a dramatic title. The parabolic rise of december was insane, so now the correction is truly dramatic. I am expecting the price testing the 6000 level once again and possibly establishing an ever lower bottom, before price can start to climb back.

[Coins and Hardwork]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

All I know is that bitcoin will go back to where it belong to and all we gonna do is to wait since we can't control this price movement. If it falls, I hold, if it pumps, I will be still holding and sell some of them for some great altcoins I can encounter. There is a lot of opinion and prediction of the bitcoin price and most of them are really negative.

[denzkilim]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

All I know is that bitcoin will go back to where it belong to and all we gonna do is to wait since we can't control this price movement. If it falls, I hold, if it pumps, I will be still holding and sell some of them for some great altcoins I can encounter. There is a lot of opinion and prediction of the bitcoin price and most of them are really negative.

All this scenario that is currently happening is normal in the crypto currency realm and it already happened years before. The best thing to do is stop feeding your minds with negativity because you'll end up frustrated if you bought you bitcoins or other kinds of alt coins at a very high price. We all know that the crypto currency market is really volatile and it can crash at any time so it is better not to expect too much. 

Even if bitcoin's price fall down on a very low price it will never lose its value and will still continue to grow. Remember never lose hope everything is going fine.

[Crystacool]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

Sometimes bitcoins always be explained using technical, in January of each year, the currency collapse will happen, I already accustomed to, because the Chinese need to celebrate the Spring Festival, they sell their currency to celebrate the Spring Festival, when the end of February, the currency will begin to return to normal, in the next few months, I believe that the currency will be back to $20000, I am looking forward to it

[tophe15]

That is why Bitcoin is unpredictable, maybe other users of Bitcoin are panic selling when it drop to 7400usd? or maybe due to how the latest news of banning btc and restricting from other countries.

[Iceblast]

there is nothing to worry about with the fall of bitcoin, currently bitcoin has decreased drastically. bitcoin has decreased due to several issues in some countries. but, it does not last long and bitcoin will return to normal to the highest price.

[picaszo]

I think that's normal. it's just an annual cycle. just wait and the market will recover soon

[Fappanu]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

If you have been in this forum for a long time, you would't be that bothered. It has been always a january issue how the BTC falls deep. However, it doesn't remain being just that. It rises few more times. Plus, it is actually an advantage for you to buy BTC. Since it has low price, you can buy now and if the price goes high then it's a win-win right? Don't be too bothered about it. It will come back soon.

[Boysen]

My opinion on the recent happening about the decline in bitcoin's value is that it is mostly caused by shallow-minded investors that think bitcoin is a very vulnerable investment, That tgey think that every decrease is a sure sign of bitcoin's end, because of this massive cashout that these people practice and the coming Chinese new Year where potentially a lot of Asians who celebrate the even may cash out. But I think and I clearly believe that bitcoin would be able to get back on its feet.

[kyucryp]

rise or falling the bitcoin price is reasonable, many factors affect the bitcoin price. for now, we better save or invest our bitcoin until the price is stable and come back to highest price.

[crzy]

I think that's normal. it's just an annual cycle. just wait and the market will recover soon

Its called corrections, every market needs this thing, this is like a preparation for a stronger pump. Bitcoin is simply awesome and can really help many people to earn money specially those who believe on this. Hopefully the pump will continue now but always expect corrections in the future but for sure it will be on a higher price.

[cutecute]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

I think we need only to wait because if the price of it goes down I think there's a possibility also that the price of it will be rise. Just like what others said here is nothing to worry about with the fall of bitcoin, currently bitcoin has decreased drastically but, it does not last long and bitcoin will return to normal to the highest price.

[gandame]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

Falling of bitcoin are not bad many investor are happy because they can buy more bitcoin. And i watch the news the stock market also down so i think its not only the crypto experienced that falling.

[Reyan]

Bitcoin might have a temporary fall but it had a huge potential in the finance industry, it is the first crypto currency also it's price is based on the demand and supply.

[valentine401]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

In my own opinion, fall of cryptocurrency this month is a good thing since the value of bitcoins already rise up to 16k dollar last december and no one can invest because the price is very expensive, so today we should expect a huge dumping of prices in order for us to have a chance to invest.

[btcrich2020]

Bitcoin may touch 5000 dollars in my view 5k is final touch

[ardi28]

Pendapat saya tentang kejadian baru-baru ini tentang penurunan nilai bitcoin adalah sebagian besar disebabkan oleh investor berpikiran dangkal yang menganggap bahwa bitcoin adalah investasi yang sangat rentan. Tgey berpikir bahwa setiap penurunan adalah tanda pasti dari akhir bitcoin, karena ini sangat besar. cashout bahwa orang-orang ini berlatih dan Tahun Baru Imlek yang akan datang dimana berpotensi banyak orang Asia yang merayakannya bahkan mungkin akan mengeluarkan uang tunai. Tapi saya pikir dan saya jelas percaya bahwa bitcoin akan bisa bangkit kembali.

[AriannaSantosUU]

Fall of bitcoin value is just temporary but if you look at the historical data, this is higher than the same month last year. Bitcoin will go up again soon, just believe in btc.

[hibiscus]

                  The fall of bitcoin doesn't mean it the end of the world. A wise investor who off loaded his Bitcoin at the rate of 20,000 USD or above the market falling time will be his awaited opportunity to re-enter in to the market  and to book profit.Such a volatility in the market is a healthy one

[severaldetails]

The fall was inevitable. Many people called bitcoin a bubble, and to a certain degree they were not that wrong. The only thing that increased the bitcoin price, was the already increased price. Right now we are back to a level that could very well be a stable point for bitcoin. I don't see much bubble trouble at the moment here. Of course it is unfortunate that many people lost some money on the way down. But now bitcoin has the possibility to grow again, maybe a little bit slower this time.

[congtuan001122asd]

In recent times, bitcoin prices have dropped sharply, many bitcoin sellers and no longer invest in cryptocurrency. However, I think bitcoin will not crash, bitcoin input capital and bitcoin trading volume are huge. Bitcoin is showing signs of recovery, I believe that bitcoin will thrive again.

[bitcoinVPSD]

Nothing to worry about the value of bitcoin has dropped sharply in the past few weeks. Price fluctuations are normal. Its value is recovering. And its collapse is impossible. Bitcoin will never die. I totally believe in bitcoin. Bitcoins are opening up new opportunities for us.

[ramgonzales]

In my humble opinion, it is not the  "fall of Bitcoin", well yeah I agree that Bitcoin's value really had  a dip this last few weeks, but studying the historical data of Bitcoin, you will see that Bitcoin's value really goes down during the first few months of the year but then slowing increasing at the mid year towards the end. So I think there is really no need to panic.

[ershovspa]

In my humble opinion, it is not the  "fall of Bitcoin", well yeah I agree that Bitcoin's value really had  a dip this last few weeks, but studying the historical data of Bitcoin, you will see that Bitcoin's value really goes down during the first few months of the year but then slowing increasing at the mid year towards the end. So I think there is really no need to panic.

We should not forget that it has decreased from the level of $18000. That is lot of correction in just a month.

[OneEye]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

As a newbie, I don't really know what it's cause. But for me, the fluctuation of bitcoin is base on the demand of it. The many the investor, the higher the demand and if many investors having cash outs or withdrawals, the demand of it decreases and if that's happen, the bitcoin markets value decrease and at the same time, if the markets value getting too low, many investors think again to invest and that will also cause of raising it's value.

[tetyulfania]

All of people will be panic with the bitcoin fall to $ 7,950 and it will be all off you who have the bitcoin balance will be panic and worried, and you bought the bitcoin on the high price when $ 15,000 and it will be most you think crazy about bitcoin. but just calm down the bitcoin will be in the high again and it will be pump on $ 20,000. Keep your bitcoin balance on your exchange and wait about one month the bitcoin will be high.

[Xenoph0bia]

All of people will be panic with the bitcoin fall to $ 7,950 and it will be all off you who have the bitcoin balance will be panic and worried, and you bought the bitcoin on the high price when $ 15,000 and it will be most you think crazy about bitcoin. but just calm down the bitcoin will be in the high again and it will be pump on $ 20,000. Keep your bitcoin balance on your exchange and wait about one month the bitcoin will be high.

Since the value of bitcoin is very volatile,it is very natural for bitcoin to have a fall in its price.The price of bitcoin depends on the forces of demand and supply.It has fallen to $8600.Once it had reached $19000 because the demand was very high at that time.But if we see the progress of bitcoin in the last nine years,we can say that it has faced many ups and downs but always emerged victorious.Bitcoin always brings new money earning opportunities.

[Winner]

Well, for me the downtrend of Bitcoin lately is due to a lot of negative news about it, a lot of Bitcoin holders panic sell that's why the value keeps on going down.

I think of it like a flash Bitcoin sale as well, there won't be that much weeks left for the price of Bitcoin to be in the $6k region.

[Zyborg]

Different news regarding Regularization in China,USA,South Korea,Crypto ads ban by Facebook,Scamming factors,due to these bad news many investors withdrew their investment as a result of which demands decrease and price fell down.However this is good for BTC,after dip period there is pump period ahead.Many shortcut investor who scared they may lost their investment took out their money.These are temporary factors currently BTC is in price correction phase and will rise very soon.Fluctuations is very common in crypto world.

[Doge dealer]

There isn't a financial market in the world right now that's booming every market is experiencing some sort of low at this period in time , its curious however why we all are behaving as if its only bitcoins and other cryptocurrencies that are currently experiencing a low .most financial markets are  experiencing some amount of volatility, this only goes to show that bitcoin has already adapted but has the added benefit of huge gains literally overnight.

[amzad]

For the last three years, the SEC had tried to convince the SEC to bring Bitcoin ETF to the market, two Japanese investor Cameron Winkleves and Tyler Winklaws, according to the US Press CNBC.
Bitcoin prices that have been skyrocketing after this rejection have dropped. With the decision, its value fell 18 percent.

[SeniorRalap]

I think the bitcoin crash was caused by bad news about bitcoin in China. We don't have to panic, hold it patiently, it will soon return to normal.

[lionjuvs08]

I think it is because they given a chance to those who want to invest on bitcoin to buy in a lowest price, the bitcoin want to help investors to earn profit in the next coming months. And bitcoin will  surely the price will boom in the next month.

[hook15]

Maybe reason is due to the CNY in Feb, I guess many Chinese will cash out during this time. But I am sure that Bitcoin will recover later on.

[Xbokal]

Based on my observations. It has been always a little bit down mostly at the earliest part of the year but dont worry it'll come back and increase anytime SOON

[lvincent]

Well for me it's normal that bitcoin price goes up and down, there are many bad news that's affecting bitcoin price right now and a price corection recently just happened so i think bitcoin's value will gonna recover sooner than we imagined.

[weblouartisan]

Now bitcoin is going through not the best hours. Falling below 8,000 is unacceptable, but it's a fact. And we have nothing to do. Remain to wait, and hope for better.

That is the reason why we need to read speculations because sometimes it happens, it was also a good thing that bitcoins today has decreased to $8k dollar in the market so there will be a time for us to invest and wait again till it goes back to $19k just like what happened last december 2017.

[JillClarissa]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

I think China has a big influence on bitcoin. The Chinese New Year is coming in February, and Chinese people are selling bitcoin to celebrate their New Year. When the New Year ends, Chinese money will come back and bitcoin will recover.

[kolitski]

It is always now a days bitcoin was falling of value i think lack of supply in the market or the investors are pulling their investment in some ICOs because they have important holidays that they celebrate.

[CromwellReg]

I think it's normal. Looking back on past price changes in bitcoins, you'll find that bitcoin falls in January every year.
Then the bitcoins will slowly return to normal.

[Yhammy]

It happen. Even stocks market has its high's and low. It will recover soon as what others say there are TA's that bitcoin fall on this quarter and will be high a gain.  so jsut keep calm and #Hodl

[GardenChristian]

I'm not worried about the prospect of bitcoin. I think it's a good time to buy bitcoins. Buy bitcoins at a lower price, and you'll get high returns in the future.

[Konthol Ngaceng]

Now bitcoin is going through not the best hours. Falling below 8,000 is unacceptable, but it's a fact. And we have nothing to do. Remain to wait, and hope for better.

That is the reason why we need to read speculations because sometimes it happens, it was also a good thing that bitcoins today has decreased to $8k dollar in the market so there will be a time for us to invest and wait again till it goes back to $19k just like what happened last december 2017.

Yes it's true, everything we have to follow, sometimes the issues here seem impossible, but this often happens and come true, I'm happy to follow the speculation part and sell some bitcoin when the price is $ 14k, and I buy it again when the price is $ 6k.

[ruthbabe]

With regard to the topic and subject, I think Bitcoin continues fall could be attributed to the following: bad and/or negative news, supply and demand, strict regulations and banning in some countries, volatility, price manipulation by the Bitcoin Whales, and lately, news from big card issuers in Britain and in the US that says they would no longer allow Bitcoin and other cryptocurrencies to be bought with their credit cards.

Nice to read about the Bitcoin Whales...
https://news.bitcoin.com/the-65-percent-price-dip-has-made-bitcoin-whales-a-lot-more-btc/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications
https://news.bitcoin.com/bitcoin-whales-and-how-they-make-market-waves/

[qiwoman2]

I put ti down to market manipulation by the big wigs in power. You see just before the great rise when Bitcoin reached it's all time high, all the media outlets and big so called coin gurus were all saying Bitcoin will hit 50-100k by the end of 2018 and what they did was create such a big hype and as soon as the noobs started all coming into Bitcoin and buying they all started the FUC campaign and dumped on all the noobs, parking all their Bitcoin and altcoins into USD AND TETHER, making all the panic sellers lose a ton of money and this is how whales become phatter whales, end of story.

[vitsexy]

my opinion may be currently bitcoin is unstable, and among us have the worries but I think in all businesses is very reasonable if there is an increase or decrease in price, hopefully bitcoin stronger will not fall

[gurunanakji777]

I would say everything thing not depends on chart markup or analysis. There are some other factors also that decided the bitcoin growth or fall. In my opinion this fall is all because of negativity and fake news in the market. Some big player wants btc down  so that they can buy at cheap rates. So do not panic hold your btc soon everything will be alright.

[escrowONme]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

Well I expect this price downsing to be executed by the whales,as they control the market.
I couldn't understand why didn't other group buys made a buy out when the price reached litelly the floor.

[Borisov]

We have seen many times as bitcoin fell, then found strength and soared very high. Too we observe and now, especially now the beginning of year and it is not surprising, in the spring again in growth, manage to be bought now at the slak prices. that would not regret later! I apologize for my English .

[BrowneFlora]

Because of China, bitcoin is falling. I am not worried about the demise of bitcoin. It has stopped falling. In February, bitcoin will return to normal.

[mikaeltomcruz12]

I think bitcoin wont fall, time will come bitcoin will return and show how valuable this is. I'm hoping bitcoin will not end dump of price maybe.  

[Sar elok]

Up and down his price bitcoin it is commonplace in the economy. first trimester typically price less stable. Easy to hope the year-end price bitcoin back to normal

[bitcoindian]

the main reason of bitcoin fall is market grown so fast in short period of time it is time for correction so this fall is much anticipated

[denny27]

Because I didn't bought when the price at altitude $10k and above, About falling.. I'm not too worried about it and not too minded about it.
Yeah I believe all things will changes, it will not keep decreasing continuously, out there are still many people who are buying when the price is cheap.

[kirito1614]

Try not to be so freeze. Digital money advertise dump and pump each and every day, it's vital thing. You should continue holding all your coin and token until Q2 of this current year. There are a ton of news identified with digital money originate from Asia and US, these news influenced a great deal to cryptographic money cost and Bitcoin isn't a special case. Be that as it may, you no compelling reason to stress, there is no reason to worry, as I probably am aware all issues comprehended and the all the market will be painted in green soon

[coinholic]

This is due to the massive cash outs during the holidays. When people will start buying Bitcoin in the coming few months, then it will start recovering. It usually take some time before the market recovers from a dip. We should take this opportunity to purchase more coins/alts due to their low price.

[Granxis]

I think Bitcoin is still going to fall, because people's confidence has decreased with the level of 5000 dollars. It was a terrible week, I still think the price of Bitcoin is not high.

[blue_dragon]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

On my opinion, dont be panic and afraid on what is really happening to bitcoin because it is normal and it is always happening to bitcoin so lets just wait and hold your bitcoin in the time that it will rise again.

[CroDam]

I think that this is just correction and BTC will recovery soon, for few months.

[jeaniferomambac]

We have seen many times as bitcoin fell, then found strength and soared very high. Too we observe and now, especially now the beginning of year and it is not surprising, in the spring again in growth, manage to be bought now at the slak prices. that would not regret later! I apologize for my English .

In my opinion falling down of the bitcoin is normal we need to accept the fact that it really happen because not all the time that the price of bitcoin is always in high.but if we know that it will not last long we should not worry about it and sometimes it increase very high price.

[Weldhers]

in my opinion, the decrease in bitcoin is due to the large number of people who sell bitcoin and buy altcoin, probably also caused by a group of people who have much bitcoin to play the price

[think3214]

in my opinion, the decrease in bitcoin is due to the large number of people who sell bitcoin and buy altcoin, probably also caused by a group of people who have much bitcoin to play the price

Your reason is just a small part of the bitcoin discount. According to media reports, bitcoin prices are down due to the Korean market, India, China has made difficult decisions in bitcoin trading. And the main reason is that facebook blocked the ads related to Bitcoin and ICO. So bitcoin is hard to reach new people. And many other factors have reduced the bitcoin price.

[Isaacck]

My opinion about the fall of bitcoin is also like VOLATILE. Its simply because of the rapidly increasing and decreasing of the value of bitcoin. One of the reason also is, bitcoin is decentralized, simply it means that there's no one that can control it, but as of now. Other governments are trying to control bitcoin. Lastly, there's no one can predict the fall of bitcoin, 1 year is so long, it might happen some events that no one will ever expected

[RawDog]

in my opinion, the decrease in bitcoin is due to the large number of people who sell bitcoin and buy altcoin, probably also caused by a group of people who have much bitcoin to play the price

The whales are always fucking the little guy.  It is just incredible how they are so abusive. 

[Coin12]

Now bitcoin is going through not the best hours. Falling below 8,000 is unacceptable, but it's a fact. And we have nothing to do. Remain to wait, and hope for better.

It can not be unacceptable because its the real fact of bitcoin price right now.
Sad to see the deep correction like this but we can not do anything. We have to face the fact but we need to do holding in the first choice.

[chidrawarster]

I think its because of the supply and demand and the volume based as well. I also see there is some market/cycle or trend following now and then based on short term or long term. Corrections in the market happens frequently and is normal in the due course. I have seen much more volatality in the crypto market , i m not surprised.

[desi92]

Now bitcoin is going through not the best hours. Falling below 8,000 is unacceptable, but it's a fact. And we have nothing to do. Remain to wait, and hope for better.

That is the reason why we need to read speculations because sometimes it happens, it was also a good thing that bitcoins today has decreased to $8k dollar in the market so there will be a time for us to invest and wait again till it goes back to $19k just like what happened last december 2017.

Yes it's true, everything we have to follow, sometimes the issues here seem impossible, but this often happens and come true, I'm happy to follow the speculation part and sell some bitcoin when the price is $ 14k, and I buy it again when the price is $ 6k.

By selling when the price hit $14k and now you bought it again when it was $6k. How lucky you mate. Oh no, not only lucky, but you are smart too. You smart because you know when to sell and when to buy. Although you loss because you bought it the first time in $18k but now you have very big chance to recover again.

[zhxb01]

Like stock market, this is a fall, that will have a rebound. Looking back the fall and rebound of Bitcoin in recent years, you will discover that before a new bigly raise up, there was a big drop, check this data below, please,
September 14, 2010 to October 8th,2010, Bitcoin plummeted from $ 0.17 to $ 0.01, the drop range is 94%；
November 6th, 2010 to November 10th 2010, Bitcoin plummeted from $ 0.5 to $ 0.14, the drop range is 72%；
February 10th, 2011 to April 4th,2011, Bitcoin plummeted from $ 1.1 to $ 0.56, the drop range is 49%；
May 13rd, 2011 to May 21st,2011, Bitcoin plummeted from $ 8.45 to $ 5.58, the drop range is 34%；
June 8th, 2011 to November 17th,2011, Bitcoin plummeted from $ 32 to $ 2, the drop range is 94%；
April 10th, 2013 to July 7th,2013, Bitcoin plummeted from $ 266 to $ 63, the drop range is 76%；
November 30th, 2013 to January 14th, 2015, Bitcoin plummeted from $1166 to $ 170, the drop range is 85%；
March 10th, 2017 to March 24th,2017, Bitcoin plummeted from $1326 to $ 892, the drop range is 33%；
June 11th, 2017 to July 16th,2017, Bitcoin plummeted from $3025 to $ 1837, the drop range is 39%；
September 2nd, 2017 to September 13rd, 2017, Bitcoin plummeted from $5014 to $ 3766, the drop range is 25%；
December 17th, 2017 to December 30th,2017, Bitcoin plummeted from $19850 to $ 11690, the drop range is 41%.

Therefore, everyone must be confident for Bitcoin, let us expect Bitcoin to erupt again！

[GavenJack]

I'm sure that bitcoin will still set the heat to all! constant growth is impossible, nothing can grow forever. there are tides and ebbs, there is winter and summer, there is day and night, there is also an impulse and correction. It is necessary to believe in bitcoin and everything will be good

[White32]

I think fall of bitcoin is normally happen year by year but we must take advantages if the bitcoin price goes down cause this is the right time to buy more bitcoin and invest, then wait for the time until the prices pump up again so at the end of the year your profit will much more.

[Rappyboy]

This is a correction, backed by FUD but if you will look at the bigger picture bitcoin is still in a uptrend. This will be over by march.

[LegendX]

Bitcoin had lots of falls until now. It is nothing to be afraid of. The crypto market falls and then it rises up again.

[Wintersoldier]

Sometimes Bitcoin cannot be explained using technical analysis. IMO, there are too many fuds recently. Another reason is due to the Chinese New Year in mid Feb, I guess many Chinese will cash out during this period.

But I am confident that Bitcoin will recover later on.

Probably, the recent fall on bitcoin's value is a result of multiple corrections from the previous price hike last year. Add up some negative speculations from different sources. But all of this are just hypothesis, Bitcoin's price is constantly moving up and down ever since. It even fall lower than what it is right now previously in the middle of last year. So, all of this recent fall are just normal. Expect for a stronger value sooner or later.

[merrillolive]

I think bitcoin does not crash. Despite recent barriers and disadvantages, Bitcoin has been hit hard by the crisis, and its value has been decreasing day by day. However, I think that this is essential, after a period of rapid growth, everything needs balance. It is a completely natural process.

[DeepestOnion]

My opinion about the fall of bitcoin is that there is no fall of bitcoin. There is only a strong price correction, which is crucial and healthy ESPECIALLY if you want to avoid any REAL "fall of bitcoin" in future.

[A Feeder]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

Technical approximations cannot satisfy bitcoin by itself. One must consider the global events occuring that affects the cryptocurrency market. By doing this, the nearest foresight will be achieved and we can evade the mistakes we will most likely do without speculation.

[Kleo-kripto]

Bitcoin is subject to such large fluctuations because it is someone profitable. Large financial forces become even stronger, and the weak lose even more.
This is a difficult time for those who can not wait and do not understand that if you do not sell at a low price, you can still return your money if you wait. And even earn money.
Here wins the one who can wait.

[DoublerHunter]

Temporary. That is what i think for the fall of bitcoin. I don't think that there is something to worry about if we are all immune for this kind of scenario because bitcoin already fell for a lot of times and yet it is still standing and fighting for all of the fuds that we are seeing against bitcoin so i think there is no need to worry since we all experienced this before.

[coinfinger]

There's nothing strange about bitcoin's correction in this early part of the year. This kind of price fall happens annually and is unavoidable because of bitcoin's high volatility. Bitcoin have already suffered some of it worst price crashes in the past but it always managed to come back strong and reached many all-time highs later. No matter how deep is the fall, bitcoin always find way to climb back to the top.

If we think always of the down fall of the price of bitcoin we get panic immediately. This fall of bitcoin happen anytime so let's adopt this changes. If it had bought at ath price best is to hold.

You are right rise and fall is the part of bitcoin if today price of bitcoin is low then it will again rise but we will have to wait, as some people have bought bitcoin at this low price and they will have to hold instead selling then after getting worried of low price, income with bitcoin is about patience so in my opinion low price or fall of bitcoin is a chance to buy and high price of bitcoin is to sell it with more than double profit.

[freshm4ker]

I am not an expert in cryptanalysis but I have read so many comments and below popular bitcoin decline is still sementra and normal so it will soon recover and I agree with this.

[spiritguardcharles]

Actually for me it's really natural for bitcoin to undergo in such state.However,to completely drop for almost 300,000 Php from 800,000 is really frustrating since we're talking about the value of btc.Despite of bitcoin having on it's bad condition,i still believe after a short period of time the price or value of bitcoin will begin to rise up and some big changes will occur.That's why as for now,we should stay positive

[Hagmonar]

I think this is just a normal part of bitcoin since i join this furom and bitcoin world i already witness bitcoin behavior it goes up and down as usual. At this point i think this is the most smaller price you have seen again and it will goes up again to a higher price before the end of this year.

[indog]

if my opinion up and down its bitcoin price is common, maybe also because the new year to make bitcoin prices to be cheap, but the point remains optimistic that its down will not be long,hopefully like that.

[Joyceshiroor]

The flucruating value of bitcoin is making people loose their interest in bitcoins. Also various types of bann impose on bitcoins make people think of any risk before doing any investment.

[MoCryptoMoProblems]

Yeah I agree to some posters that its not about technical analysis at some point, you have to look at it at the emotional side. A lot of individuals that joined in January expected a bull run but after seeing it was it a little stagnant, people started getting scared. This just caused the domino effect that made this dip, which is healthy. All the FUD money should be filtered out to get its true value.

[Borisov]

Bitcoin has lost its value because people succumbed to panic and EN masse to withdraw money in Fiat . this was influenced by many factors, for example-negative news around bitcoin, as well as mass holidays!

[kikay15]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

On my opinion of falling price of bitcoin is because their are a lot of people using bitcoin and their are some markets afraid that bitxoin will go higher and all the currency in the world will behind because of bitcoin.  And that's my opinion and own knowledge. 

[Davidbee]

I think it's perfectly normal for bitcoin to go down. Every February, bitcoin falls, and no one can explain exactly why. What we need to do is hold it patiently, wait for the bitcoins to recover, and don't sell your bitcoins.

[Skyshark]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

For me, this fall is an advantage, an oportunity that I will not let pass, this is the time that I could buy more bitcoins in a lower cost, that only means more profit for me. I think the cryptoworld is like this, its value always goes up and down, and nobody can tell when is this gonna happen, but for me, I will just go with the flow of the market, when the value is high then I am gonna sell, and when the value is low, then I am gonna buy and hold.

[claydeey]

The fall of Bitcoin price currently is normal, if we look at the BTC price history the price always falls during the first couple of months at the begining of the year but eventually it will recover by the end of the first quarter.

[Moses Short]

BITCOIN IS A CURRENCY; NOT AN INVESTMENT.

So, it doesn’t matter where the price is at; I will still use it as MY chosen form of currency where I control MY funds and MY own destiny!!!

And, keep listening to the news and naysayers if you’d like.

But, the FACT is that the underlying algorithm DEMANDS a steady growth in value until the final coin is minted.

The holidays and the fact that Wall Street decided to jump into BTC have made the prices a bit more crazy than usual. But, $10k/BTC is where the coin should have been before all of that insanity last month. And, I still say we’ll see $25k before the end of February with $20k-$22k going into March 2018.

[Marcus Kelly]

Do you think these traditional finance guys smearing FUD all over crypto would - you know - actually put up real money to short BTC?

I suspect not.

[bakekang008]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

Bitcoin is facing crisis now,  all we need is to hope and wait that everything will be stable in next month.  Because some of us are hoping in bitcoin. 

[Fotoriki]

Are there any real hints that the financiers who are against Bitcoins pushing the price of BTC down? Or is it just a sixth sense? I just find it hard to believe that anyone would risk millions of his own money to discredit BTC, especially since they could use the money elsewhere to make a profit.

[zynan]

I think it is because of some fake news about bitcoin that's why some bitcoin holders got panic and sold their bitcoins immediately even though the price is low, I think that's one of the reason why bitcoin keeps on falling today. But I believe bitcoin will recover let's just wait and hold for a few months we'll see what happen.

[kdiag]

there is no constant, behind a rapid growth is always a fall, and vice versa, after the fall there will soon be growth, now who is tired of waiting and wants to sell, may later be sad, when the market changes to a bull.

[RafaelaFernandes]

I really hope it will go higher, I bought some bitcoin few days ago, the price was 7600. I hope I bought it in a good time

[Souldream]

there is no constant, behind a rapid growth is always a fall, and vice versa, after the fall there will soon be growth, now who is tired of waiting and wants to sell, may later be sad, when the market changes to a bull.

As always we utter about this downfall, it's just a natural phenomenon that happen in bitcoin. And aside from this principle I also believe that the downfalls of price of bitcoin is also a price correction. So me, personally instead of be panic to the situation I'll just grab the opportunity to buy coins.

[Kadal Ijo]

I think this is common because bitcoin embraces a decentralized system so the price is heavily influenced by the user, when the user sells the price will automatically go down and I'm sure that the price will soon rise as before.

[Yarsk]

Using technical analysis to carry out analysis on bitcoin price will never give you the right result because bitcoin is very volatile and very hard for any one to accurately predict it price or chart movement, bitcoin operate on the simple law of demands and supply when the demands is high nothing can stop the chart from moving in a positive direction.

[webdevmastery]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

For me, decreasing of the prices of cryptocurrency in the market is a good thing, it only means that we have given the time to invest because the prices in the market is some how expensive because of the growth of bitcoins last december so try to look differently and try to invest today because for you to earn profit in the next few months.

[d1ceplayer]

Though I have not reached a year since I have come to know about bitcoin, I am certainly not one of those newbie/panic-sellers driven by FUD and many other fake news that brought the downfall. I strongly believe it would recover soon fast.

Mainly the newbies are effected from such FUDs. And that is the reason for which bitcoins becoming down in the market. They don’t believe in it firmly and thus whenever the price is little down, they get panicked and thought they might lose their money if they would still have bitcoins with them. So they sold them, bitcoins value start falling deeper more and more.

[Eureka_07]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

My opinion about the fall of bitcoin price is neutral because the dump of bitcoin price will be the perfect time and a goodnews for the investors to invest their money to bitcoin so that if it increase they will earn huge money. Next, it would be a very bad news to those holders because the bitcoins they hold will surely decrease. Another thing is some of them may be discourage and will sell their bitcoins just because they are afraid of taking risks.

[Bes19]

We are experiencing red days on market and in my opinion that is normal. I think some factors are the upcoming Chinese New year and also some FUD in india. Because of the FUD, many people were panic selling especially newbies. But i still believe that market will recover soon especially bitcoin.

[jcarlo]

Bitcoin price fall recently because many negative campaign spread and many false news about country forbid bitcoin.  When everyone realize that just FUD from whales, I am believe that bitcoin price will recover to highest price even more

[hajimasan]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

In actual reality currently month and also month was big dump for the bitcoin and that was only because the bitcoin and bitcoin related things got negative views from the many countries government and also many types of rumours that made the negativity at high degree and than the price of the bitcoin get down much , specially in India many raids were made by the IT department and also few fake raid by fake group of people to scam .
So here such types of the activity making the bitcoin's market down more and more but in actual there is nothing like this , so keep calm and wait for this constancy of positive condition for bitcoin and after that it will pump speedly .

[tigermonkey]

It is pretty normal that crypto coins (like bitcoin) have huge price swing. Up and down... So do not risk too much.

[gareng1468]

the market price is unpredictable, but if the issue falls I do not agree because many market players in it who will continue to fight for Btc still topped the other coin. if it falls I think it is not significant

[bayong]

I think it is normal about the fall of bitcoin.because bitcoin will rise and fall.If it fall it will rise again,so i am sure of it.I am not worried for the status today of the bitcoin.I will hold my bitcoin then now is the time to buy bitcoin.

[gaurav82]

The way of price of bitcoin is open in both way. I think this is short time fall. bitcoin will recover it.
When rate goes up of any investment source then investors covers the profit. its a market nature. so do not panic from it.

[kaizerblitz]

It's a natural situation that bitcoin will go down by the month of January and February and it will recover soon. Just relax and hodl your bitcoin.

[marcuslong]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

In actual reality currently month and also month was big dump for the bitcoin and that was only because the bitcoin and bitcoin related things got negative views from the many countries government and also many types of rumours that made the negativity at high degree and than the price of the bitcoin get down much , specially in India many raids were made by the IT department and also few fake raid by fake group of people to scam .
So here such types of the activity making the bitcoin's market down more and more but in actual there is nothing like this , so keep calm and wait for this constancy of positive condition for bitcoin and after that it will pump speedly .

That's the right thing to do, we should be able to calm down and just let those fake news be taken for granted. Those group of people who did that were connected to lots of frustrated buyers who wanted to benefit from buying bitcoin at lowe price, I think they're aiming at around going back to $2000. Well, after all it seems that they're keeping their feet off behind those news they've made up and spread more positive thought to the public in opposite on how they publish negative articles about bitcoin. In a sensible manner, they're just doing a game here and most of them were the whales that will hold bitcoin again for another price surges.

[laravuemaster]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

I don't see that falling of bitcoin is a bad sign, it only means that market is giving as the chance to invest even harder. There are people who are being late on investing and the value of cryptocurrency today is really expensive so it will be just fine if the market will dump the prices in order for other consumers to invest.

[kinzey]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

There is just to many fake news and people quickly selling their btc. So the whales will be taking advantage and will be waiting for the price drop. And even if it is low already they are still spreading news so the price of btc 2ill drop more so they can buy cheap. If you look at it btc price is stil l going up slowly but fake news is keeping it from rising

[Memenya]

there is no constant, behind a rapid growth is always a fall, and vice versa, after the fall there will soon be growth, now who is tired of waiting and wants to sell, may later be sad, when the market changes to a bull.

As always we utter about this downfall, it's just a natural phenomenon that happen in bitcoin. And aside from this principle I also believe that the downfalls of price of bitcoin is also a price correction. So me, personally instead of be panic to the situation I'll just grab the opportunity to buy coins.

This was not extraordinary thing happen. Correction is normal because this is volatile.
Maybe you will think bitcoin is high risk and its really high risk. Never play with bitcoin if you are not strong.
We have to be strong if we want become investor here. And i dont worry about this move now. Stay calm.

[korean1999]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

I think bitcoin is going down because the Chinese country has taken measures to stop bitcoin. That really did affect bitcoin a lot. The crypto market has lost some of the important whales from China.
But that still does not mean bitcoin will die, bitcoin will be restored by whales in other countries. I believe in that.

[Russlenat]

Fake news makes bitcoin price drop because some of investor are panicking and selling their holding and the whales are buying it at very low price.
We should hold our bitcoin and setback and don't panic for every fake news that are made by some crypto whales.

[shawn995]

My opinion about falling of bitcoin is that first rise and fall of price is the part of bitcoin price which is called volatility property of bitcoin.
The reason of falling of bitcoin is some decreasing the speed of demand due to some  news against bitcoin like facebook stopping advertising of bitcoin etc.
That type of news have great affect on bitcoin in market.

[unsquidly]

Bitcoin is just doing correction from it's high-end level which is very much necessary and for anyone who wants to earn stable income has to accept this market too.

[kcirnhoj15]

Sometimes Bitcoin cannot be explained using technical analysis. IMO, there are too many fuds recently. Another reason is due to the Chinese New Year in mid Feb, I guess many Chinese will cash out during this period.

But I am confident that Bitcoin will recover later on.

I don't think so this is the reason why bitcoin goes down in the past few days. Why bitcoins pump on last december? Someone is investing money on bitcoins? Or they are all withdraw their money to spend at christmas? I haven't found the exact reason why it was all hapenning  If found ! I will inform you all 

[btccointalk]

There is no need to worry about it cryptocurrency market keeps on decreasing and increasing....just hold your coins for future use.

[chaukhchi]

sometimes Bitcoin can not be explained by using analysis, and I'm not worried because it's become commonplace if bitcoin prices drop at the beginning of the year and hopefully for the next few months bitcoin prices can come back again

[Ozero]

I think that the fall of the bitcoin course is already in the past and he is already preparing for another growth. The course of bitcoin has been gradually increasing for a fairly long time, there is no longer a periodic lowering, which increases the likelihood that soon it will start to rise. If in the future there will not be large false negative news about the crypto currency, this will mean that the attack on the crypto currency is completed and soon the bitcoin will be given the opportunity to grow.

[ZIM17]

I think it does not crash down suddenly and I know that it will continue to grow and expand even more because it will fall and it will no longer benefit nothing but all the people who are struggling to spend most of the time may not let any managers it's a bitcoin for bit of money because the world of crypto currency is so big that it does not have to worry about the big things because in case the bitcoin drops a lot of people get angry because they do not carry out their favorite for their lives.

[ethereumhunter]

Bitcoin is just doing correction from it's high-end level which is very much necessary and for anyone who wants to earn stable income has to accept this market too.

but unfortunately, the correction is too deep and makes many people panic and they are just selling their bitcoin to early without waiting for the price increase back. but it is fine because I can buy bitcoin at a low price and I think many people which buy bitcoin too. we are going to see bitcoin price increase again and I think this time, the price will reach the price before first before it increases higher.

[Cduff]

Maybe bitcoin are going to fall, but not the new world of crypto. It's just the biginning.

[delarossa]

The first time I saw it, I was a bit surprised too. Yet a few months yesterday alone can penetrate up to nearly 300 million, now even down 2/3 its. But maybe bitcoin prices will definitely rise again in the next few months.

[Estreal]

My opinion on the fall of Bitcoin are partly the result of continuing fears about regulation, as well as anxiety provoked by a series of high-profile thefts.However, there are serious fears that bitcoin has created a bubble that could burst at any moment. Also, we have numerous financial experts which advised potential investors to avoid getting involved with bitcoin, and the SEC has told people to “exercise caution” and be wary of scammers,all these media updates contribute majorly to the fall.

[billionaireSHS]

Well base on my own opinion it is normal because since I was joined in bitcoin I am aware that this is always happening. Because according to my classmate bitcoin is volatile and it has the ability to pump and dump the price of it. And also according to him it serves as an advantage to the traders and savers to have more profit or income.

[arteezyy]

I honestly think that there are many variables to be blame for the fall of bitcoin. First: Some company, a few or maybe a dozen, decided not to use bitcoin as a currency for them to advertise their projects. Second, maybe because many people got bankrupt while investing in the wrong time and panic selling in the end. Third, many government are trying to ban or block the usage of bitcoin in many store or business where you can sell or buy bitcoin. There can be many reasons but i personally think that bitcoin will recover by itself sooner or later.

[holtzmann]

The weak hands will always get shaken out, because the bitcoin market--like every market in existence--is going to go through serious crashes like this.  And come on, people have been predicting a drop like this ever since we crossed $5000. 

When we hit $19,000 it was pretty damn obvious that bitcoin wasn't going to stay there because it rose way too fast.  Noobs don't realize that bitcoin is not an asset that "just keeps going up day by day".  I don't know how many times I've read those words here, but they're idiotic. 

Nothing in the world goes straight up.  Didn't happen in 2013 and it won't happen now.  And what do I think about bitcoin being below $8000? 

GREAT BUYING OPPORTUNITY.

You are right. Falls and rises are in the nature of btc as a crypto. Like Bitcoin - face the music. I am much more worried how government and cental banks' regulations can influence its movements, and there will be more restrictions and bans soonest, I suppose. Their influence and following media coverage can bring extremes even more than now.

[aleksej.rozhkov]

I think that the current price for bitcoin can not be considered its fall. Remember that we spoke literally half a year ago. We thought that at least 5k worth, but now 8k and we are not happy. The fact that the price of bitcoin has increased to almost 20k indicates that there was a lot of excitement for him. It seems to me that the current price is optimal for bitcoin, but of course like many I hope for the best.

[Petmalu001]

Bitcoin will experience increased volatility and based on current price trend it could set new all time highs sooner than later. Keep in mind the sharper the

rise up and the quicker it happens the faster the collapse which will provide a bounce opportunity for those who are daytrading bitcoin. The danger that BTC

is still sinking but still exists, so I would advise anyone to buy with care.

[Babylon]

Sometimes Bitcoin cannot be explained using technical analysis. IMO, there are too many fuds recently. Another reason is due to the Chinese New Year in mid Feb, I guess many Chinese will cash out during this period.

But I am confident that Bitcoin will recover later on.

Yeah but for me it's just natural that the price of bitcoin falls. There are many reasons why bitcoin drops. But I think the main reason for this drop is the bitcoin since the start of 2018. The price of bitcoin has been recorded before the end of the year. The price is up to 800k and the size of the seedlings since the 2018 intake is in almost half the downside so there are people who are angry and have stopped using bitcoin. Hopefully we will continue to use bitcoin even when it drops big.

[caaaaaaaattleah]

The fall of bitcoin is just a way to make it balance. Bitcoin can't just continually grow like there is no but up because the market will be stable. No one is going to sell because bitcoin is kept going up. I believe that bitcoin will soon recover and those who invest when the value of bitcoin is low will surely profit a lot when bitcoin finally recovered.

[cutiemolit]

The fall of bitcoin is just a way to make it balance. Bitcoin can't just continually grow like there is no but up because the market will be stable. No one is going to sell because bitcoin is kept going up. I believe that bitcoin will soon recover and those who invest when the value of bitcoin is low will surely profit a lot when bitcoin finally recovered.

Actual it is just part of a business to experience dropping of it status. There are lot of factors why Bitcoin started to drop upon entering year 2018. But through the continuous support if Bitcoiners I believe that Bitcoin will rise up again. The more investors the better.

[cryptojac17]

The fall of bitcoin is just a way to make it balance. Bitcoin can't just continually grow like there is no but up because the market will be stable. No one is going to sell because bitcoin is kept going up. I believe that bitcoin will soon recover and those who invest when the value of bitcoin is low will surely profit a lot when bitcoin finally recovered.

Actual it is just part of a business to experience dropping of it status. There are lot of factors why Bitcoin started to drop upon entering year 2018. But through the continuous support if Bitcoiners I believe that Bitcoin will rise up again. The more investors the better.

The price of bitcoin that goes down is only temporary in nature because it will bounces back as expected like what happened last year  these might be the results of panic dumping of some investors that is a weak hand. But they don’t think that the big whale are waiting them to dump.
 
 

[felicanoma]

Yes of course that's normal because bitcoin is always like that at the beginning of the year, in my opinion this is also an opportunity that is given to investors who want to invest in bitcoin.Suatu unique system because it has its own time to embrace the users and investors.
If we already understand the crypto and blockchain I think the fall in bitcoin prices is just a matter of course and no need to worry about.

[Bitcoinismylife12345]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

Bitcoin has in a bad situation since the year starts however, it doesn't mean that its price will not rise up again. It's happening because bitcoin now lacks in demand. I think the one of the reasons of it is the mass selling of it last December, another is the banning of it in China. This factors give a great effect to the price of bitcoin now, but don't panic, pumping and dumping of price always happen here and bitcoin market will recover soon.

[Englebabylove]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

Sometimes the cause of a bitcoin crash is not explained by technical analysis. Its collapse is caused by a variety of reasons, and its price is constantly changing. We don't have to worry. What we need to do is to wait patiently, and it will return to normal.

[Mikwik]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

Sometimes the cause of a bitcoin crash is not explained by technical analysis. Its collapse is caused by a variety of reasons, and its price is constantly changing. We don't have to worry. What we need to do is to wait patiently, and it will return to normal.

Yeah there may be huge investors who even play with bitcoin by shuffling their millions and directing the traffic to gain profits like share market so small investors will obviously loss during this scenario.

[TTITA]

Fake news makes bitcoin price drop because some of investor are panicking and selling their holding and the whales are buying it at very low price.
We should hold our bitcoin and setback and don't panic for every fake news that are made by some crypto whales.

Some bad news about banning Bitcoin are from government news these countries Indonesia, South Korean and India that having big impact makes price was drop dip. Many investor are worried and taking their money from market panicly, while some others still hold and waiting. However, the fact is that the prohibition does not apply to all areas of Bitcoin use. The use of bitcoin as a means of trading and assets is still allowed at their own risk.

[Michellekking]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

I think it's quite normal. In the past years, the currency collapse happened many times the same, but in the end the currency back to normal, we don't crash will cause the currency to perish with worry, it will slowly recovering

[DoublerHunter]

Fake news makes bitcoin price drop because some of investor are panicking and selling their holding and the whales are buying it at very low price.
We should hold our bitcoin and setback and don't panic for every fake news that are made by some crypto whales.

Some bad news about banning Bitcoin are from government news these countries Indonesia, South Korean and India that having big impact makes price was drop dip. Many investor are worried and taking their money from market panicly, while some others still hold and waiting. However, the fact is that the prohibition does not apply to all areas of Bitcoin use. The use of bitcoin as a means of trading and assets is still allowed at their own risk.

The FUDs or bad news about bitcoin that makes the price low again is a chance and opportunity for me and i don't think that it is a negative thing because just think that if you are an investor and you want to get into bitcoin but the price was too high and now the price of bitcoin goes down because of the FUDs then it is a good entry point for you to place investments.

[9jaflick]

the fall of Bitcoin is already a disaster to those that bought at $18-19k, and on the other hand it has giving room to more persons to join the bitcoin race, for those that were unable to buy when it was $18k can now buy $8k at last

[serverus]

Few days ago bitcoin fall because of the outbreak of banning cryptocurrency in social media and other countries.
 Because of that people became afraid of losing their investment in bitcoin.
But there a lot of people still believe in it and invest more. The fall is just temporary.
Now its already recovering, and gain its value.

[Javathon]

On my opinion it is happening because of lack in demand for investing and maybe one reason is that mass selling of bitcoin last December and banning from different country like china maybe this give a huge effect to the fall of bitcoin but, relax don't exhausted because I believe that it will rise again and can recover soon to it's original price.

[isomoyes]

It's not so difficult if you are a trader or investor. We are talking about crypto currency which have value and also have demand and supply. That's mean it will rise when reached demand zone at that time need to supply and which time it'll falling reached supply zone that's mean need demand. Now bitcoin are rising day by day.

[sandaru]

bitcoin has become so volatile recently, it has dropped so quickly down below 7500$ within a short period of time, however, the worst is comming again and i believe more investors l sold their coins to celebrate new year, so the closer to the year 2017, sometimes  these drops will happen faster, in that case we can save some money  to buy cheap coins or just holding to our coin and wait until the this period passed.  It is always better if you by more and more coins now. There won't be a time like this again in future ..

[rinamor]

My opinion about the fall of the bitcoin is because of some issue that happens; some huge company said that they are not willing to accept bitcoin anymore and its because of the holiday season. We all know that most of the people or users cash out or sell their bitcoin because they need some money that is the main reason why bitcoin price plummet.

[BlackPanda]

The fall in prices is normal because some of the factors that cause Bitcoin price changes are in demand as well as market confidence. This has been true for several years and usually the price will increase again, it is proven because the price of Bitcoin is now experiencing stable growth symptoms. People who buy Bitcoin when it is cheap will certainly experience huge profits, so they take the risk and turn out they get the results. Bitcoin does have a miracle and we have to believe that Bitcoin prices can continue to rise, the decline is just a turmoil in the market and this will only last a moment. This is the ever-present cycle of Bitcoin and all the cryptocurrencies that exist today. Price pegging Can increase and decrease very quickly and within a very short time.

[Serg22]

Bitcoin like other cryptocurrencies can not grow indefinitely and its fall is a normal phenomenon on the stock exchange. Yes of course, those people who bought on 18-19K, on this moment bear big losses. Upcoming events with the Chinese New year, it is not clear how to affect the market. Although there have been bans related to cryptocurrency, but China remains a strong player.

[Gobeller]

Bitcoin like other cryptocurrencies can not grow indefinitely and its fall is a normal phenomenon on the stock exchange. Yes of course, those people who bought on 18-19K, on this moment bear big losses. Upcoming events with the Chinese New year, it is not clear how to affect the market. Although there have been bans related to cryptocurrency, but China remains a strong player.

Corrections are normal but $6k price was really undervalued price for bitcoin that happened last week. The reaction came quickly from bitcoin.

[mrcash02]

Bitcoin like other cryptocurrencies can not grow indefinitely and its fall is a normal phenomenon on the stock exchange. Yes of course, those people who bought on 18-19K, on this moment bear big losses. Upcoming events with the Chinese New year, it is not clear how to affect the market. Although there have been bans related to cryptocurrency, but China remains a strong player.

These people who bought BTC for $19.000 should continue holding and waiting until BTC hits the mark again, so they can choose between selling and making profit, to continue holding or both alternatives.

As you said, Crypto-Currencies can't grow indefinitely, after a big increasement in price last year it became unsustainable to continue on the hype for more time. People were excited to buy BTCs some months ago, before the end of 2017. I have never seen so many comments and news about Bitcoin on the local media's sites. But once it became unstable, maybe because governments started talking immediately about regulations/bans, the new investors started panic selling, making the price drop.

Clever whales saw what was happening and helped to drop the market even more. And then we hit the impressive $6500, creating a lot of fear among investors. But with some clarifications about regulations in South Korea seems BTC recovered a part of its strength again. Looking through the events now, South Korea was a key point on this story. The asian markets exert big influence in Crypto market, if things do well there, Bitcoin does well.

[alekseidanilov0803]

My opinion of Bitcoin has fallen and now it is profitable to purchase bitcoins and earn enough money.

[Qunenin]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

I just want to say its a nature of bitcoins. It is not possible that crypto currencies  will always keep going higher and higher. It can also Suffer a decline. So don't be panic sell. Just wait and hope for the growth of bitcoins. Bitcoin only gives you benefits when you invest for long term. You have to buy bitcoins now and hold them for a month or for a year. Panic sell won't give you any profit.

[imstillthebest]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

I just want to say its a nature of bitcoins. It is not possible that crypto currencies  will always keep going higher and higher. It can also Suffer a decline. So don't be panic sell. Just wait and hope for the growth of bitcoins. Bitcoin only gives you benefits when you invest for long term. You have to buy bitcoins now and hold them for a month or for a year. Panic sell won't give you any profit.

agree. it is actually pretty normal to see and witness these phenomenon because as you said earlier that is their nature and there were also factors that affects their price , that is why sometimes they rise or fall but overall the key in investing on bitcoin or any other cryptos is to have a patience in order to hold a little longer because if you dont posses it , you can surely be failed to earn a profit and youd rather keep on loosing.

[Valdoora]

The fall in value of bitcoin is only shortterm correction. If we see a big trend, bitcoin still shows up trend. And that's a nice crypto investment.

[supandi wiharja]

Keep calm and do not panic, because this kind of situation is a natural thing for bitcoin.
Precisely with the fall of bitcoin prices, this will be our opportunity to buy cheaply and will definitely get big profits.
Don't worry, i'm sure everything will be fine and gradually now the price has started to increase again.

[TERA2]

The FALL of bitcoin! I'm still trying to comprehend how we're talking about the "fall" of bitcoin when bitcoin is 5 digits. Do you mean the rise? If you told someone in 2015 we would be at 11K today, you would be laughed away.

[halenephthys]

If you're talking about the continuous dropping of bitcoin price these days, then for me I guess that it is not yet the fall of bitcoin. It is the nature of bitcoin to shoot up and fall down. It is normal. Bitcoin price fluctuates. It is just a proof of its volatility. For me, bitcoin will rise again. Some factors may affect its dropping but it does not mean that bitcoin will be over. I still believe that it is just normal for its price to crash in the first two months of every year due to tax things. February is almost over so I hope that it will start to recover in a few days.

[liivii]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

I just want to say its a nature of bitcoins. It is not possible that crypto currencies  will always keep going higher and higher. It can also Suffer a decline. So don't be panic sell. Just wait and hope for the growth of bitcoins. Bitcoin only gives you benefits when you invest for long term. You have to buy bitcoins now and hold them for a month or for a year. Panic sell won't give you any profit.

agree. it is actually pretty normal to see and witness these phenomenon because as you said earlier that is their nature and there were also factors that affects their price , that is why sometimes they rise or fall but overall the key in investing on bitcoin or any other cryptos is to have a patience in order to hold a little longer because if you dont posses it , you can surely be failed to earn a profit and youd rather keep on loosing.

The key to success in bitcoin is to start right now and forget all of the things that gave negativity on bitcoin, we are not belong to those people who are panicking right now because of the situation and problems that bitcoin facing and believes that the end of bitcoin is near because of some price decrease in the past months. The best thing to do is to be updated on what's going on in bitcoin everyday so that you have knowledge whether to buy because of the price drop or sell if there's a pump.

[Innewith]

I don't think bitcoin falls. All who struggle in bitcoin world sure remember what bitcoin prices 3 years ago. Now surely more than 10x. Think about whether there is an investment that's capable giving such a big return.

[abayan]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

I just want to say its a nature of bitcoins. It is not possible that crypto currencies  will always keep going higher and higher. It can also Suffer a decline. So don't be panic sell. Just wait and hope for the growth of bitcoins. Bitcoin only gives you benefits when you invest for long term. You have to buy bitcoins now and hold them for a month or for a year. Panic sell won't give you any profit.

agree. it is actually pretty normal to see and witness these phenomenon because as you said earlier that is their nature and there were also factors that affects their price , that is why sometimes they rise or fall but overall the key in investing on bitcoin or any other cryptos is to have a patience in order to hold a little longer because if you dont posses it , you can surely be failed to earn a profit and youd rather keep on loosing.

The key to success in bitcoin is to start right now and forget all of the things that gave negativity on bitcoin, we are not belong to those people who are panicking right now because of the situation and problems that bitcoin facing and believes that the end of bitcoin is near because of some price decrease in the past months. The best thing to do is to be updated on what's going on in bitcoin everyday so that you have knowledge whether to buy because of the price drop or sell if there's a pump.

It is right! We have to be calm and keep ourselves relaxed because we are not supposed to get pressured in this trading. From the very beginning, we been learned that bitcoin is a volatile time of asset. It's value may always vary either it will go down or go up.
We all know that cryptocurrency  have no definite value that wecan hold on to, otherwise, bitcoin will really fall. Besides fall of price is an opportunity for the others.

[pinky]

Ups and downs always happen in financial world no matter which financial tool trader uses Volatile markets like cryptos can be very dangerous for traders who cant handle more than 50% dropdowns. So this fall of bitcoin is normal and market will make correction soon

[TTITA]

-snip-
It is right! We have to be calm and keep ourselves relaxed because we are not supposed to get pressured in this trading. From the very beginning, we been learned that bitcoin is a volatile time of asset. It's value may always vary either it will go down or go up.
We all know that cryptocurrency  have no definite value that we can hold on to, otherwise, bitcoin will really fall. Besides fall of price is an opportunity for the others.

For those senior trader's, volatile is the chance to make profit surely. Up and down trends are normal reaction market. I wouldn't comment about how Bitcoin can be fall, but many times it will recover. So, i agree when price falling, that's discount time to us for buying more coins.

[laluna24]

I don't think bitcoin falls. All who struggle in bitcoin world sure remember what bitcoin prices 3 years ago. Now surely more than 10x. Think about whether there is an investment that's capable giving such a big return.

Well, you have a point at this current stage of bitcoin were heading to grow its value in the market. Yes if we can survey the price last year it is always up and down. The fall of bitcoin is normal and it will recover as I can see its trend.

[dreico]

there is a need to look positively when it fell, it is a good opportunity to acquire it until its recovery

[blitz18]

there is a need to look positively when it fell, it is a good opportunity to acquire it until its recovery

Yes we should look into a positivity that price of bitcoin will recover. Not into negative points that could lead into lose of our money that we invest in bitcoin. When the fall of bitcoin the opportunity that can buy.

[semarmesem195]

I'm not worried, as it has become a tradition that btc price falls in january. Look at the data from the last few years, then you will notice that the price always fell in January. 
By the end of February or the beginning of March the price has risen again. I think this year will be similar and prices rise again no later than at the end of March. I hope so anyway. 

Yeah, that's the reality. As long as i join bitcoin i know that its price is always fluctuating, like at the end of 2017 its price is soaring, it is likely that it will happen again this year. The bad news that 2018 is a price collapse, it is the frustrated people's opinion that the market is always red. If we've joined long with bitcoin of course this is a thing that often happens throughout the year.

[amaydel]

There is no question that bitcoin and the rest of the cryptocurrencies will have its own share of market price fall down. If you just understand why it happened all the time, you will worry less and you will be quite excited to buy cryptocurrencies at a very cheap price.

[Happydd]

Bitcoin collapsed due to bitcoin market dropping rapidly. Because bitcoin is not really safe for players. Some countries have banned bitcoins, causing bitcoins to be affected. Few people trust the bitcoin for long. They think it's a risky adventure, and it's a losing game.

[slaman29]

Bitcoin collapsed due to bitcoin market dropping rapidly. Because bitcoin is not really safe for players. Some countries have banned bitcoins, causing bitcoins to be affected. Few people trust the bitcoin for long. They think it's a risky adventure, and it's a losing game.

And that's the problem isn't it? Bitcoin and crypto is still seen as a game, with even people like you calling its network participants as players. Countries banning Bitcoin aren't actually that many, by the way, and are such a minority they would never affect Bitcoin. If anything, banning it makes it even more difficult to obtain, and probably drives prices up.

Many people don't trust Bitcoin anyway, that's why they all view Bitcoin as "a game".

[ethereumhunter]

we could still hold the bitcoin if we want to and we have another option to sell the bitcoin too. but for now, I think it is better to still hold the bitcoin until the price is rise back and in that time, we can make a big profit. but I don't think that people will let the price is going to down too far because they will give their support to lifted the price so the price could be back to increase like before. this fallen is just temporary although we are in two month to see this fallen but we still have much time to see the price increase again.

[raven7886]

there is a need to look positively when it fell, it is a good opportunity to acquire it until its recovery

Yes we should look into a positivity that price of bitcoin will recover. Not into negative points that could lead into lose of our money that we invest in bitcoin. When the fall of bitcoin the opportunity that can buy.

Yeah, every time there is always a positive thing to look forward to in every trade either uptrend or downtrend. There is always an opportunity in all of them. Bitcoin being low gives a very good and pretty buy opportunity for the long run, considering the level it can get to and how things can really make a lot of sense holding for long or having a bull run on bitcoin while you have bought low.

Always a good opportunity when the market recovers, considering that you bought low and then you see your profit coming up hugely before you even know it. Bitcoin falling for me is always an opportunity to even making more profit as a trader. That is the essence anyway and not when it just keeps going up. The idea is to increase the bitcoin that I have via trading and I will keep doing that.

[justdimin]

I'm not worried, as it has become a tradition that btc price falls in january. Look at the data from the last few years, then you will notice that the price always fell in January. 
By the end of February or the beginning of March the price has risen again. I think this year will be similar and prices rise again no later than at the end of March. I hope so anyway. 

Yeah, that's the reality. As long as i join bitcoin i know that its price is always fluctuating, like at the end of 2017 its price is soaring, it is likely that it will happen again this year. The bad news that 2018 is a price collapse, it is the frustrated people's opinion that the market is always red. If we've joined long with bitcoin of course this is a thing that often happens throughout the year.

Anyone who has been in this game for long should always see the idea of holding bitcoin not a problem and buying when low a very good opportunity. Although, if you can understand the market and can trade effectively, the marker volatility can be used as an opportunity to making some good profit. You cannot always have it all, but from that you can keep piling up more bitcoin from the little you have and increase your position for the long run.

Obviously, there is always a trend in every market and it depends on how everyone sees the opportunity. Als, the fact that bitcoin controls the general market a lot makes it the one to always look forward to. So far, most who understand the trend in the market, rather than complaining should always see it as an opportunity. Downtrend or uptrend, all is needed in the market, and for a new market like this, we should still expect more volatility.

[marcuslong]

I'm not worried, as it has become a tradition that btc price falls in january. Look at the data from the last few years, then you will notice that the price always fell in January. 
By the end of February or the beginning of March the price has risen again. I think this year will be similar and prices rise again no later than at the end of March. I hope so anyway. 

Yeah, that's the reality. As long as i join bitcoin i know that its price is always fluctuating, like at the end of 2017 its price is soaring, it is likely that it will happen again this year. The bad news that 2018 is a price collapse, it is the frustrated people's opinion that the market is always red. If we've joined long with bitcoin of course this is a thing that often happens throughout the year.

Anyone who has been in this game for long should always see the idea of holding bitcoin not a problem and buying when low a very good opportunity. Although, if you can understand the market and can trade effectively, the marker volatility can be used as an opportunity to making some good profit. You cannot always have it all, but from that you can keep piling up more bitcoin from the little you have and increase your position for the long run.

Obviously, there is always a trend in every market and it depends on how everyone sees the opportunity. Als, the fact that bitcoin controls the general market a lot makes it the one to always look forward to. So far, most who understand the trend in the market, rather than complaining should always see it as an opportunity. Downtrend or uptrend, all is needed in the market, and for a new market like this, we should still expect more volatility.

In the unpredictable world of crypto currency, it has already become a trend that it has always its ups and downs, it soars and crashes. But all these are not permanent, I strongly believe that an extreme fall of bitcoin is impossible.

[serverus]

It has been observed that some events in bitcoin market repeats through time. Few days ago bitcoin fall because of the outbreak of banning cryptocurrency in social media and other countries.
 Because of that people became afraid of losing their investment in bitcoin.
But there a lot of people still believe in it and invest more. The fall is just temporary.
Now its already recovering, and gain its value.

[gabmen]

I'm not worried, as it has become a tradition that btc price falls in january. Look at the data from the last few years, then you will notice that the price always fell in January. 
By the end of February or the beginning of March the price has risen again. I think this year will be similar and prices rise again no later than at the end of March. I hope so anyway. 

Yeah, that's the reality. As long as i join bitcoin i know that its price is always fluctuating, like at the end of 2017 its price is soaring, it is likely that it will happen again this year. The bad news that 2018 is a price collapse, it is the frustrated people's opinion that the market is always red. If we've joined long with bitcoin of course this is a thing that often happens throughout the year.

Anyone who has been in this game for long should always see the idea of holding bitcoin not a problem and buying when low a very good opportunity. Although, if you can understand the market and can trade effectively, the marker volatility can be used as an opportunity to making some good profit. You cannot always have it all, but from that you can keep piling up more bitcoin from the little you have and increase your position for the long run.

Obviously, there is always a trend in every market and it depends on how everyone sees the opportunity. Als, the fact that bitcoin controls the general market a lot makes it the one to always look forward to. So far, most who understand the trend in the market, rather than complaining should always see it as an opportunity. Downtrend or uptrend, all is needed in the market, and for a new market like this, we should still expect more volatility.

In the unpredictable world of crypto currency, it has already become a trend that it has always its ups and downs, it soars and crashes. But all these are not permanent, I strongly believe that an extreme fall of bitcoin is impossible.

Well ups and downs yes, but i don't think a trend can be sustained consiatently. There may be ups that would be above the roof and well into the moon and drops than can make even the most experienced of us shiver. It just depends now on how far your trust in btc is.

[Gabb]

I do not see something that can be called "the fall" of bitcoin, because in my opinion it is only an expected correction after an artificial and unsustainable rise based on mere speculation. Just enough to see the graphs of the previous two years before to realize that in fact everything was a bubble that urgently needed a strong correction to resume the organic and stable growth that had characterized the bitcoin before the tremendous uptrend of the last months.

[trand]

This event has been foreseen by many people. Bitcoin has increased many times and it needs to be sold by investors so that they can gain profit from it. Neven expect something that can continue to grow without droping for a few times.

[FUD Expert]

I think it's normal to have a correction or to consolidate before having another all-time high again. Let's be positive and positive will return so we can see it reaching $50k at the end of this year.

[8Habits]

I think it's normal to have a correction or to consolidate before having another all-time high again. Let's be positive and positive will return so we can see it reaching $50k at the end of this year.

Considering how volatile cryptocurrencies are, those big leaps of prices should be looked at as a normal thing. There is no wonder if we see bitcoin price rises again to its new all-time high milestone at any time. Hence, the more its price goes down, we are at a better position to buy or accumulate more because it will surely go up again.

[batang_bitcoin]

I think it's normal to have a correction or to consolidate before having another all-time high again.

I like your name and what you have said.
Yes corrections are normal and this also what happened many times before reaching another all time high.

Let's be positive and positive will return so we can see it reaching $50k at the end of this year.

This is the spirit of positiveness.

[Opekin]

I think it's normal to have a correction or to consolidate before having another all-time high again.

I like your name and what you have said.
Yes corrections are normal and this also what happened many times before reaching another all time high.

Let's be positive and positive will return so we can see it reaching $50k at the end of this year.

This is the spirit of positiveness.

All right and if you understand and observe crypto for years you will not be surprised that this happens. I check the history and i think it follow that trend we just have to wait patiently and be positive that it will go rise again. This fall and market sideways is just a cycle before going up.

[batang_bitcoin]

I think it's normal to have a correction or to consolidate before having another all-time high again.

I like your name and what you have said.
Yes corrections are normal and this also what happened many times before reaching another all time high.

Let's be positive and positive will return so we can see it reaching $50k at the end of this year.

This is the spirit of positiveness.

All right and if you understand and observe crypto for years you will not be surprised that this happens. I check the history and i think it follow that trend we just have to wait patiently and be positive that it will go rise again. This fall and market sideways is just a cycle before going up.

Before I was surprised when I was quite new to cryptocurrencies during these times. But I did commit a mistake of selling those early corrections and what happened after I sold? The price goes up surprisingly. And that's why reading the history charts of bitcoin is helpful to those new investors. That's why when the market is on this type of fall what everyone do who got in early are just holding. Panic selling isn't popular to us anymore because we are used to it.

[icopir]

to be honest, I expected this, because after the rapid and big growth there will always be a drop in this usual thing in the crypto world

[MMA]

I do not see something that can be called "the fall" of bitcoin, because in my opinion it is only an expected correction after an artificial and unsustainable rise based on mere speculation. Just enough to see the graphs of the previous two years before to realize that in fact everything was a bubble that urgently needed a strong correction to resume the organic and stable growth that had characterized the bitcoin before the tremendous uptrend of the last months.

But i think that the correction is already over and now i think that the current decrease is only because of the false news that are wondering in the market, in fact some people still want the bitcoin price to fell down more so that they can get the opportunity to purchase bitcoin at low price, therefore they are spreading false news in the market which is effecting the bitcoin price too much.

[newbie-hero]

This event has been foreseen by many people. Bitcoin has increased many times and it needs to be sold by investors so that they can gain profit from it. Neven expect something that can continue to grow without droping for a few times.

It was obvious in winter 2017 that sooner or later Bitcoin will have a fall. The race could not last for so long. Meanwhile, I am expecting the next high jump of BTC.

[Maximo1]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

There are a lot of factors why btc fall,im not surprise with this, because i know thats reality, the fluctuation of price is real,im a positive thinker, im sure after dropping ,be ready for the big surprise of the price.

[henmark]

This event has been foreseen by many people. Bitcoin has increased many times and it needs to be sold by investors so that they can gain profit from it. Neven expect something that can continue to grow without droping for a few times.

It was obvious in winter 2017 that sooner or later Bitcoin will have a fall. The race could not last for so long. Meanwhile, I am expecting the next high jump of BTC.

Bitcoin is bound to increase in value because it is following the last few year’s trends and according to them, the rise is confirmed after a harsh dip and the last months of any year are the favorite ones for the crypto investors because bitcoin at that time is skyrocketing in prices. So there is no need to get worried about the hard crash of the crypto currencies rather patiently give the market it’s time for recovery.

[shoreno]

This event has been foreseen by many people. Bitcoin has increased many times and it needs to be sold by investors so that they can gain profit from it. Neven expect something that can continue to grow without droping for a few times.

It was obvious in winter 2017 that sooner or later Bitcoin will have a fall. The race could not last for so long. Meanwhile, I am expecting the next high jump of BTC.

Bitcoin is bound to increase in value because it is following the last few year’s trends and according to them, the rise is confirmed after a harsh dip and the last months of any year are the favorite ones for the crypto investors because bitcoin at that time is skyrocketing in prices. So there is no need to get worried about the hard crash of the crypto currencies rather patiently give the market it’s time for recovery.

i agree that this event have actually happened last year where bitcoin had also experience a verry long dip. i think that also last about two months if im not mistaken and after that quarter the value of btc unexpectedly jumped thru the roof resulting for its value to reach a new all time high which is  at 19 to 20k us dollars but this year might be totally different and maybe the history wont repeat itself anymore.

 that is why i wouldnt recomended to get confident at all. we should rather prepare and brace ourselfs to the next even that could happen in btc.

[icoworld]

such event as the fall was quite expected and I think many expected such an outcome, but someone took advantage of the decline in prices

[klasik1980]

Loss of about $ 190 billion in market capitalization, Bitcoin's rate drop several times, rigid censorship of advertising sites of leading Internet resources and pressure from regulators

[yonjitsu]

It's pretty normal for bitcoin and alts. They do share the same fate bitcoin plunges down and i think this bear pattern will continue even in the 2nd quarter of this year. No matter what, i am still hodling on bitcoin an if it goes down again, i will be preparing to buy bitcoin again.

[Tigorss]

Unfortunately, not everyone is able to understand the essence of a new financial instrument. As is often the case, when people have distrust about something they are trying to dig into to fill the knowledge gap with conjecture. In addition, opinions about Bitcoin from those who know have its negative effects as well.

[Apaxy]

Unfortunately, not everyone is able to understand the essence of a new financial instrument. As is often the case, when people have distrust about something they are trying to dig into to fill the knowledge gap with conjecture. In addition, opinions about Bitcoin from those who know have its negative effects as well.

If larger whales will throw more Bitcoin into the market, then all your hypotheses do not make sense. The market will still fall, because the offer is not equivalent to demand.

[8Habits]

Unfortunately, not everyone is able to understand the essence of a new financial instrument. As is often the case, when people have distrust about something they are trying to dig into to fill the knowledge gap with conjecture. In addition, opinions about Bitcoin from those who know have its negative effects as well.

If larger whales will throw more Bitcoin into the market, then all your hypotheses do not make sense. The market will still fall, because the offer is not equivalent to demand.

That is true, this happens when any coins for that matter is being pumped, the sure thing will happen is it will go back down. That is really the bad side of it but if we are clever we can join the ride and profit in the process..

[icopir]

I think that somewhere in the shower I was counting on this outcome, looking at its growth in late 2017 and early 2018, I think it's not worth panicking because of this, this is quite a natural course of events

[KorakPawon]

disappointing, Bitcoin's latest downfall, making the digital money down more than 40 percent from a record high around $ 20,000 that occurred in mid-December. This caused its market capitalization to fall to US $ 130 billion.

[ethereumhunter]

disappointing, Bitcoin's latest downfall, making the digital money down more than 40 percent from a record high around $ 20,000 that occurred in mid-December. This caused its market capitalization to fall to US $ 130 billion.

I think you don't have disappointing because as long as you can see your chance to buy bitcoin at a lower price and you can sell it once the price increase, you will make a good profit. this situations happen over and over and we can use this to make more money and I think many people can used this too. although the price is down but I am sure that in the end, the price will increase higher and perhaps it will reach more than $20,000.

[iv4n]

disappointing, Bitcoin's latest downfall, making the digital money down more than 40 percent from a record high around $ 20,000 that occurred in mid-December. This caused its market capitalization to fall to US $ 130 billion.

I think you don't have disappointing because as long as you can see your chance to buy bitcoin at a lower price and you can sell it once the price increase, you will make a good profit. this situations happen over and over and we can use this to make more money and I think many people can used this too. although the price is down but I am sure that in the end, the price will increase higher and perhaps it will reach more than $20,000.

People can't realize what is crypto market, majority enters with plan to make fast profit and they expect price to go up all the time. Downfall is nothing more then pumping the money out from crypto, its the time when newcomers buy at high prices while old timers are selling and making profit. Look at the market cap and watch how much money is pumped in and out from crypto by that you can understand where is market going, in which direction its heading. From January we have downfall cause more people take money out from then getting in bitcoin. What is important that market capitalization is higher this April then any April before, only when December come we will see will it price make new December record or bitcoin will need more time for passing last December high. Downfall is normal in any market so don't be surprised with this one, its not first one and for sure its not last one.

[BaraxLo]

It's pretty normal for bitcoin and alts. They do share the same fate bitcoin plunges down and i think this bear pattern will continue even in the 2nd quarter of this year. No matter what, i am still hodling on bitcoin an if it goes down again, i will be preparing to buy bitcoin again.

There is no need for leaving or dumping bitcoin even when the prices are damn low. Bitcoin is going to recover what it has lost in last couple of months. I am confident about bitcoin setting up new records by the end of this year just like it did last time. The old investors of bitcoin who sold it last time above 19,000 dollars are not ready to give up on bitcoin at any cost. Bitcoin is the one which will win the game.

[Pasnik]

It's pretty normal for bitcoin and alts. They do share the same fate bitcoin plunges down and i think this bear pattern will continue even in the 2nd quarter of this year. No matter what, i am still hodling on bitcoin an if it goes down again, i will be preparing to buy bitcoin again.

There is no need for leaving or dumping bitcoin even when the prices are damn low. Bitcoin is going to recover what it has lost in last couple of months. I am confident about bitcoin setting up new records by the end of this year just like it did last time. The old investors of bitcoin who sold it last time above 19,000 dollars are not ready to give up on bitcoin at any cost. Bitcoin is the one which will win the game.

This downfall of bitcoin will took time to recover as also our chances to buy and invest some btc. This time of price so low we need to gather a hope and patient in this market. Yes, actually I also had the confidence in bitcoin can cope up this hard time to go up but let's check this year ends it will rise.

[david_019]

My opinion on this present situation is that nothing but just relax, why will you panic this stage if everything is under control by the whales. I believe that every FUD against bitcoin is just a way to shaken the weak hands to sell bitcoin at the price which is the will already expected. Also the situation now is not a first event but it is always occur every year and then bitcoin always has its moment to bounce back.

[chickenado]

It's pretty normal for bitcoin and alts. They do share the same fate bitcoin plunges down and i think this bear pattern will continue even in the 2nd quarter of this year. No matter what, i am still hodling on bitcoin an if it goes down again, i will be preparing to buy bitcoin again.

There is no need for leaving or dumping bitcoin even when the prices are damn low. Bitcoin is going to recover what it has lost in last couple of months. I am confident about bitcoin setting up new records by the end of this year just like it did last time. The old investors of bitcoin who sold it last time above 19,000 dollars are not ready to give up on bitcoin at any cost. Bitcoin is the one which will win the game.

The main point here is the valued trust given from supporters who never fail to use cryptocurrency up to this time. Bitcoin is the biggest reason why others have hopes in any obstacle that is happening when it comes to get employed and a battle of surviving. Now, if the fail of bitcoin is prevailing,well this is really a big loss to all of us who has reached pieces of dreams through bitcoin. I think this is the biggest challenge for the dumping or low value this time but of course,I'm hoping for a fast recovery of the price,really hopeful.

[8Habits]

My opinion on this present situation is that nothing but just relax, why will you panic this stage if everything is under control by the whales. I believe that every FUD against bitcoin is just a way to shaken the weak hands to sell bitcoin at the price which is the will already expected. Also the situation now is not a first event but it is always occur every year and then bitcoin always has its moment to bounce back.

You nailed it mate. The best thing to do is to stay calm and cool amidst the volatility of bitcoin price. There is no way we can do about it and while it can drastically go the price far downward, it will also be possible that it goes up on its all-time high in no time at all - considering how volatile it is.

[richjohn]

Don't look at short term price chart for Bitcoin. Leaving the December pump, price is bullish long term. December pump has to be followed buy a price dump and that's what happened.  Now price is bullish again and is expected to reach $20k back again before the year ends. Right now bitcoin is a good investment option with potential of giving 3x-4x returns short term.

[Ahiaba]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

The decline in the market value of Bitcoin and other altcoins is not something that one need to worry about too much because that have a positive impact for those who are yet to own some amount of Bitcoin and other altcoins in their possession to do so. And on the other way round it affect some people who purchase when Bitcoin value was higher.

[bitcolic]

altcoins and btc sitting on the mid ground, and especially alts are not in the buy area, ofc some of them is in perfect range but rest of them is not the same, we need a bit more correction thats why im expecting one more crush before btc rise up ..

[brainape]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

The decline in the market value of Bitcoin and other altcoins is not something that one need to worry about too much because that have a positive impact for those who are yet to own some amount of Bitcoin and other altcoins in their possession to do so. And on the other way round it affect some people who purchase when Bitcoin value was higher.

Yes that is very normal for the market, we alwasy seen a big increase and decreasing in bitcoin price, but there is noting to worry about, i think that bitcoin price after every dump react very fast and we  exame a very good increase in bitcoin price, theefore i think that there is nothing to worry about the bitcoin market and we should only wait for the good time.

[zngit]

It will go back again and rise above from the price before it falls below 7.5k. There is no need to disbelieve that it will recover in due time. So far it goes always like that the action of goes up and down is not new. Every year it always happen. So I strongly believe in the future that bitcoin price will rise above of its price before.

[readygoaw]

This event has been foreseen by many people. Bitcoin has increased many times and it needs to be sold by investors so that they can gain profit from it. Neven expect something that can continue to grow without droping for a few times.

It would fall sooner or later as we all are aware of the cryptocurrency volatility. The question that interests us is the following: can Bitcoin reach 20K+ again and when will it happen?

[HiringYou]

Personally is believe that their is nothing to panic.Rise and fall are part of investement.Just relax and keep on investing.Shortly prices will rise.Hopefully bitcoin will recover soon and it will do a come back with a bang.Just behave like a intelligent investor instead of being a fool bitcoin user.Their is nothing to worry about this.I don't know why are behaving so immature and selling their coins at very low rate.Their is no fun of leaving bitcoin or critising bitcoin,just give your best and earn profit for that.Nodoubt prices are very low but hopefully end the end of the year it will rise.

[ethereumhunter]

disappointing, Bitcoin's latest downfall, making the digital money down more than 40 percent from a record high around $ 20,000 that occurred in mid-December. This caused its market capitalization to fall to US $ 130 billion.

I think you don't have disappointing because as long as you can see your chance to buy bitcoin at a lower price and you can sell it once the price increase, you will make a good profit. this situations happen over and over and we can use this to make more money and I think many people can used this too. although the price is down but I am sure that in the end, the price will increase higher and perhaps it will reach more than $20,000.

People can't realize what is crypto market, majority enters with plan to make fast profit and they expect price to go up all the time. Downfall is nothing more then pumping the money out from crypto, its the time when newcomers buy at high prices while old timers are selling and making profit. Look at the market cap and watch how much money is pumped in and out from crypto by that you can understand where is market going, in which direction its heading. From January we have downfall cause more people take money out from then getting in bitcoin. What is important that market capitalization is higher this April then any April before, only when December come we will see will it price make new December record or bitcoin will need more time for passing last December high. Downfall is normal in any market so don't be surprised with this one, its not first one and for sure its not last one.

I hope that we don't have to wait until December to see the price increase like in December last year. many people still waiting for the price to increase again although this time is really difficult to increase more than $10k, I still believe that we can see the price increase higher.

like you said, the downfall is normal and we don't need to be disappointed or sad because the price will be up again and once the price is back to increase, we can make a lot of money. and the downfall will always happen over and over and it depends on us, what we want to do.

[saqibmunir]

It's pretty normal for bitcoin and alts. They do share the same fate bitcoin plunges down and i think this bear pattern will continue even in the 2nd quarter of this year. No matter what, i am still hodling on bitcoin an if it goes down again, i will be preparing to buy bitcoin again.

Yeah it depends upon major factors and every factor in it is a reason of its up and down. Bitcoin is no doubt a famous coin and Every coin has ups and downs. Bitcoin is as usual. I think there has some gambler who creates false news in market as a result crypto market falling down. But day day when people will realize all are fake news BTC will go its top position. There is no doubt the time will come when it regain its previous value.

[kuncimobil]

I always think positive and optimistic with bitcoin prices are down because the falling price will provide an opportunity for us to buy and will get a lot of profit when the price rises, so I do not panic or worry about the price down

[Bustart]

disappointing, Bitcoin's latest downfall, making the digital money down more than 40 percent from a record high around $ 20,000 that occurred in mid-December. This caused its market capitalization to fall to US $ 130 billion.

I think you don't have disappointing because as long as you can see your chance to buy bitcoin at a lower price and you can sell it once the price increase, you will make a good profit. this situations happen over and over and we can use this to make more money and I think many people can used this too. although the price is down but I am sure that in the end, the price will increase higher and perhaps it will reach more than $20,000.

People can't realize what is crypto market, majority enters with plan to make fast profit and they expect price to go up all the time. Downfall is nothing more then pumping the money out from crypto, its the time when newcomers buy at high prices while old timers are selling and making profit. Look at the market cap and watch how much money is pumped in and out from crypto by that you can understand where is market going, in which direction its heading. From January we have downfall cause more people take money out from then getting in bitcoin. What is important that market capitalization is higher this April then any April before, only when December come we will see will it price make new December record or bitcoin will need more time for passing last December high. Downfall is normal in any market so don't be surprised with this one, its not first one and for sure its not last one.

I hope that we don't have to wait until December to see the price increase like in December last year. many people still waiting for the price to increase again although this time is really difficult to increase more than $10k, I still believe that we can see the price increase higher.

like you said, the downfall is normal and we don't need to be disappointed or sad because the price will be up again and once the price is back to increase, we can make a lot of money. and the downfall will always happen over and over and it depends on us, what we want to do.

It takes positivity and courage to face this kind of situation. But I think instead of taking a look at its impediment, let's see how it can be of great help to us. It can give you the chance to buy coin at low price, hold it for months and wait for the increase in price, then sell it high to gain huge returns. Stop worrying because the more it distracts you, and hinder you from thinking of better ways to recover from this fall.

[Bagaji]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

The current decline in the market value of Bitcoin is really a sign that the markup is not valid is one has to analyse based on technical aspect of the market. Well, i don't see as very bad though because it creates an avenue for people to invest in Bitcoin at the cheaper rate.

[arctic circle]

Fake news makes bitcoin price drop because some of investor are panicking and selling their holding and the whales are buying it at very low price. We should hold our bitcoin and setback and don't panic for every fake news that are made by some crypto whales.

[lingwistiko]

All i understand is that bitcoin's fall of its market cap and its price is due to low demand of the people. Some of these people are selling their bitcoin at a lower price during crisis because they literally panicked.

[w33man]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

I really think that TA is not really that reliable in BTC, because among all the cryptocurrency bitcoin is really volatile and it's market demand behave in a strange way. Remember last year when bitcoin was just $2,000, no one ever analyzed that bitcoin will go to $10,000 and even at $20,000. So, let's just see what will happen to bitcoin this year.

[Rep]

This is my topic about Crypto price analyses
Take a look and watch how we expect BTC resistance zone
https://bitcointalk.org/index.php?topic=2313920.msg35356149#msg35356149

[8Habits]

All i understand is that bitcoin's fall of its market cap and its price is due to low demand of the people. Some of these people are selling their bitcoin at a lower price during crisis because they literally panicked.

or could be just a market manipulation, who knows?
Cryptocurrency is so wild and it is so volatile - not to mention that it is so hard to predict. You are right that most of the bitcoin holders were panicking and selling their coins even if at a loss.

[Chachacoin17]

All i understand is that bitcoin's fall of its market cap and its price is due to low demand of the people. Some of these people are selling their bitcoin at a lower price during crisis because they literally panicked.

or could be just a market manipulation, who knows?
Cryptocurrency is so wild and it is so volatile - not to mention that it is so hard to predict. You are right that most of the bitcoin holders were panicking and selling their coins even if at a loss.

For some reason, I feel worried. A lot of factors to be considered of its fall. Government calling it as an illegitimate form of payment system, India is doing all the measures to remove crypto assets, banning related advertisement in social media and other countries cracking down its functionalities. But I'm still hopeful that there is a silver lining and light behind every darkness.

[Dudeperfect]

Well, if we are comparing the current population and the price of Bitcoin then I would say it is far undervalued at this point. Instead of calling it stupidity, I would say it is an only invention in the history of mankind when we are able to trust a group of unknown people more than the familiar faces. Yes, considering the current user base, the price keeps fluctuating and due to the involvement of the institutional investors and big whales it pumps more than the potential of the actual user base. If we are comparing it with that of alt-coins, we should consider user base and utility value point of view to get the answer.

[kenziefried]

I think about falling its bitcoin, probably because of its persaingn factor alone, so do not assume too quickly the negative with its falling bitcoin, we should be able to think fositive that bitcoin will be in the top position again.

I also think the same. Price depends on demand and supply. When supply is higher than the demand the price will decrease and if the demand is more than the supply then the price will drop. This is the best way to observe the market value of bitcoin. Some false statement about bitcoin also effect bitcoin price.one reason is that it depends on internet.

[jonatuzc]

disappointing, Bitcoin's latest downfall, making the digital money down more than 40 percent from a record high around $ 20,000 that occurred in mid-December. This caused its market capitalization to fall to US $ 130 billion.

I think you don't have disappointing because as long as you can see your chance to buy bitcoin at a lower price and you can sell it once the price increase, you will make a good profit. this situations happen over and over and we can use this to make more money and I think many people can used this too. although the price is down but I am sure that in the end, the price will increase higher and perhaps it will reach more than $20,000.

People can't realize what is crypto market, majority enters with plan to make fast profit and they expect price to go up all the time. Downfall is nothing more then pumping the money out from crypto, its the time when newcomers buy at high prices while old timers are selling and making profit. Look at the market cap and watch how much money is pumped in and out from crypto by that you can understand where is market going, in which direction its heading. From January we have downfall cause more people take money out from then getting in bitcoin. What is important that market capitalization is higher this April then any April before, only when December come we will see will it price make new December record or bitcoin will need more time for passing last December high. Downfall is normal in any market so don't be surprised with this one, its not first one and for sure its not last one.

I hope that we don't have to wait until December to see the price increase like in December last year. many people still waiting for the price to increase again although this time is really difficult to increase more than $10k, I still believe that we can see the price increase higher.

like you said, the downfall is normal and we don't need to be disappointed or sad because the price will be up again and once the price is back to increase, we can make a lot of money. and the downfall will always happen over and over and it depends on us, what we want to do.

Fall of Bitcoin generally is answerable but if you are talking about the current market then the statement is not valid because the price today has increase up to 9.1k dollar and has started increasing from many days regularly that is a positive sign and the market is happy to talk about its increase.

On the other hand if you are talking generally then the fall of Bitcoin is more with the decrease in demands due to negativity and poor decisions of people.

[Btcschool]

I think about falling its bitcoin, probably because of its persaingn factor alone, so do not assume too quickly the negative with its falling bitcoin, we should be able to think fositive that bitcoin will be in the top position again.

I also think the same. Price depends on demand and supply. When supply is higher than the demand the price will decrease and if the demand is more than the supply then the price will drop. This is the best way to observe the market value of bitcoin. Some false statement about bitcoin also effect bitcoin price.one reason is that it depends on internet.

Nothing can be expected about the price, because there is huge volatility in the price and anything could be happen. I think the big reason of the fall in price is low volume of investment. People are investing in other digital currency, but this fall is temporary and it is rising again and soon it will cross 20000 dollars till the end of this year.

[palvinta]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid because wave 2 cannot fall below wave 1. This will be very bad.

Yes, you are right this is very bad for the development of Bitcoin. But this will not make Bitcoin to death, Bitcoin's price just temporarily dropped and now it's getting back to the high price. So we do not have to worry too much anymore because of this. We pray for the best for the development of Bitcoin prices.

[Epimetheus]

In my opinion there are many factors which influence its price. First of all it Disturbance in Bitcoin production and distribution by miner's . Absence of regularity in those above thing cause a fall in the price of Bitcoin. Another reason in falling of Bitcoin price is government. In many countries like china Malaysia Bangladesh Ecuador etc government ban bitcoin in their country because bitcoin affects their country economy and financial growth. Because of Bitcoin their country currency value decrease in international market. This thing ultimately affects Bitcoins price. 

[mwaqar17]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

Sometimes I use to think that everything is under the control of stakes holders of market. They can play with market in any manner. They can make it as well as destroy it. We can only predict. Bdw market is going well and increasing slowly