Your opinion about the fall of bitcoin

[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.