Your opinion about the fall of bitcoin

[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.

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[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.