Your opinion about the fall of bitcoin

[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.