Why the Cryptocurrency Market Is Falling

[AlexanderPetrex]

https://www.profitconfidential.com/wp-content/uploads/2018/02/cryptocurrency-falling-300x200.jpg


Cryptocurrencies Are Caught in a Correction[/b][/center]


The cryptocurrency market is falling, which was completely contrary to the price action that characterized all of last year


Can anyone guide me??  

I came across here...

  https://www.profitconfidential.com/cryptocurrency/ripple/xrp-price-prediction-interest-rates-playing-havoc-capital-markets/?utm_source=rp.bitcointalk&utm_medium=referral

[cakmabokgot]

I see that BTC is still going down however I still don't know that it is continuing. I mean, it is not fud or something like that anymore. Reason can be this. BTC went up to 12k very fast. I am not happy to see the fast recovery. It should go up in 2-3 weeks in 9-10k area to gain confidence and establish support.

[AlexanderPetrex]

https://www.profitconfidential.com/cryptocurrency/ripple/xrp-price-prediction-interest-rates-playing-havoc-capital-markets/?utm_source=rp.bitcointalk&utm_medium=referral

[First77]

Who will buy Bitcoin at $6000 when Gold is $1350 per ounce ??

[Englebabylove]

https://www.profitconfidential.com/wp-content/uploads/2018/02/cryptocurrency-falling-300x200.jpg


Cryptocurrencies Are Caught in a Correction[/b][/center]


The cryptocurrency market is falling, which was completely contrary to the price action that characterized all of last year


Can anyone guide me??  

I came across here...

  https://www.profitconfidential.com/cryptocurrency/ripple/xrp-price-prediction-interest-rates-playing-havoc-capital-markets/?utm_source=rp.bitcointalk&utm_medium=referral

No one knows why. I think this is a normal adjustment. In the past month, there has been a lot of bad news about bitcoin in Asia. The price of bitcoin has been falling as a result of the loss of confidence in bitcoin and the panic selling of bitcoins.

[First77]

After 8 years when Bitcoin went up from $1 to $10,000, governments and big names came to Bitcoin. Now people know the dangers of Bitcoin and they want safer investments.

[maxim000]

There are different platforms which portray themselves as exchanges which gives false impression to investors. There was a rumour that hackers have done irregualr trade on binance, world's largest crypto exchange. Though no tokens were stolen but the hack highlighted the security issues. The markets have recovered once the exchange swayed away the fear that the funds are absolutely safe.

[gabmen]

There are different platforms which portray themselves as exchanges which gives false impression to investors. There was a rumour that hackers have done irregualr trade on binance, world's largest crypto exchange. Though no tokens were stolen but the hack highlighted the security issues. The markets have recovered once the exchange swayed away the fear that the funds are absolutely safe.

Well i don't think it's falling at all. Even with the news of mtgox holdings being moved, which for others is quite a concern once they sell off again, the market is even healthily moving in a positive way. Probably people are immune now to the same fuds that circulate.

[kingkonjac]

btc and other cryptos has been introduced into the futures market and also some exchanges provide the short sell option of them which can damage the price and make them fall very badly.

[First77]

North Korea can sell its 50,000 Bitcoin after first ever meeting of North Korean Kim Jong-un and South Korean President Moon Jae-In took place today with handshakes. North Korea could follow its neighbor China and invest in Gold and Silver. Could be big business deals coming to North Korea

[arteme]

After 8 years when Bitcoin went up from $1 to $10,000, governments and big names came to Bitcoin. Now people know the dangers of Bitcoin and they want safer investments.

It is hard to understand you are praising or speaking against bitcoins . In my opinion, bitcoins is still a safe investment option if you have just one trait and that is patience.

[angelakrasnova]

There was a big drop in value, but now I see that all prices have gone up, and this growth will last until the end of the year

[Xester]

Cryptocurrencies Are Caught in a Correction[/b][/center]


The cryptocurrency market is falling, which was completely contrary to the price action that characterized all of last year


Can anyone guide me??  

I came across here...

  https://www.profitconfidential.com/cryptocurrency/ripple/xrp-price-prediction-interest-rates-playing-havoc-capital-markets/?utm_source=rp.bitcointalk&utm_medium=referral

Yes it is true that a correction occurred since the 20k$ value of bitcoin was an overvalue and a hype or a bubble. Thus because it was just a bubble the market crashed down to 10k$ but due to bad publicity such as banning of cryptcurrency related ads and ICO's by Twitter, Google and Facebook the market continues to fall. But after the dip at 6200$ was reached bitcoin was racing back again to 10k$. Right now it is at 9200$ and it is moving slowly upward.

[Vart4varta]

The market of crypto-currency in most cases is subject to the general laws of exchange trade, therefore it is characterized by both ups and downs on short and long periods (correction).

[camric09]

The market of crypto-currency in most cases is subject to the general laws of exchange trade, therefore it is characterized by both ups and downs on short and long periods (correction).

Yes, this have a cycle that every year repeats. This is the reasons why whales are getting richer. And newbies lost much in investing.

[AhmadTem]

Maybe due to its nature. I Saw many forks appeared and disturbed bitcoin's price.But this digital currency survive.Nobody know why the market i going down but i believe its temporary and soon the price of bitcoin will touch moon.For me its still surviving with good price. We should not forget there was a time when bitcoin price was just 1000$

[cmacwiz]

Cryptocurrencies Are Caught in a Correction[/b][/center]


The cryptocurrency market is falling, which was completely contrary to the price action that characterized all of last year


Can anyone guide me??  

I came across here...

  https://www.profitconfidential.com/cryptocurrency/ripple/xrp-price-prediction-interest-rates-playing-havoc-capital-markets/?utm_source=rp.bitcointalk&utm_medium=referral

It's because of the nature of the market as when the price rises sharply then the market crashes to correct itself and is there is a market dump then vice versa happens.

[pey]

They are usually short term corrections, bitcoin was bought a lot and found a support at $8800. Falling to $6000 is less likely in a abundance of good news now.

[levvv]

Yes, it was occurred due the correction over the last year price.
it is not an uncommon thing in crypto, it is normal. after hype, crypto market will falling with the correction.

[tegarp90]

Because there was major correction, every year in the 1st quarter of the year, there was a major correction. and after that market will recover like right now