Your opinion about the fall of bitcoin

[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.

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[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.