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The_Dark_Knight
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May 21, 2018, 03:46:07 AM |
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I'm still wondering why bitcoin suddenly dropped over 11kUSD. i thought that it will hit 30k usd this year, but how come it's suddenly dropped? i dont think so if its manipulated by whales or maybe the supply and demand of bitcoin is one of the problem . or maybe uts a chance given to us to buy so we can havea good profits. can someone explain?
Why are you wondering the reason for the price to go down? It was very obvious that it was impossible to maintain that price only those that were dreaming with their eyes open thought that the price will go on forever, we need to be realistic at some point the price needed to go down there is not an infinite amount of money that can enter the market at the same time, so everyone that was realistic knew that some point the price needed to crash, we didn't know if the price of bitcoin will crash when it reached 15000, 20000 or 25000 but we knew it will eventually happen. |
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Clemcout
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Activity: 77
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May 22, 2018, 09:37:51 AM |
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The price of Bitcoin rebounded from strong support at $ 8200. I think if the price reaches 9100 and consolidates above it, then a new growth to 12000 will start from these levels. If the price breaks the last local minimum, it can reach 7600. Also in my opinion bitcoin can update records of maximum price till the end of this year.
Yeah it will rise again. It is now increasing gradually and naturally. There is no huge bump and dump in the price. it is normal now. I hope the price will increase more with the passage of time. It is on the way up. The unnatural growth has stopped and it is good for new investors because they have chance to invest in bitcoin to make money in near future. |
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spyerf
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May 22, 2018, 11:33:37 AM |
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I'm still wondering why bitcoin suddenly dropped over 11kUSD. i thought that it will hit 30k usd this year, but how come it's suddenly dropped? i dont think so if its manipulated by whales or maybe the supply and demand of bitcoin is one of the problem . or maybe uts a chance given to us to buy so we can havea good profits. can someone explain?
I think the decline is due to bad news about bitcoin in the media, so the coin holders feel they have to sell all the coins they hold. but I am sure this will soon improve and bitcoin prices could rise higher. so as good as right now we are making a chance to buy for further profit. |
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davit putra
Copper Member
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May 22, 2018, 04:57:35 PM |
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I'm still wondering why bitcoin suddenly dropped over 11kUSD. i thought that it will hit 30k usd this year, but how come it's suddenly dropped? i dont think so if its manipulated by whales or maybe the supply and demand of bitcoin is one of the problem . or maybe uts a chance given to us to buy so we can havea good profits. can someone explain?
It's just a price correction, bitcoin will definitely increase, be patient and hold the bitcoin you have, you will definitely get the benefit you are looking for. |
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legendbtc
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May 22, 2018, 05:36:22 PM |
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I'm still wondering why bitcoin suddenly dropped over 11kUSD. i thought that it will hit 30k usd this year, but how come it's suddenly dropped? i dont think so if its manipulated by whales or maybe the supply and demand of bitcoin is one of the problem . or maybe uts a chance given to us to buy so we can havea good profits. can someone explain?
It's just a price correction, bitcoin will definitely increase, be patient and hold the bitcoin you have, you will definitely get the benefit you are looking for. Now market is in completely testing mode because bitcoin price correction are most and essential factor in order to consolidate before increasing their price. Bitcoin price varies very largely so it is very good to hold the bitcoin. |
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lordmick
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May 22, 2018, 06:25:23 PM |
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I think that we will not see new maximum records this year. Because according to my knowledges on technical analysis, I think that today we will drop to 7950$ and then we will reach $ 12K in the middle of June and then will crash to $ 3K until September. That's why you can buy Bitcoin today and sell it on June.
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moynul2050
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May 22, 2018, 11:17:29 PM |
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Maybe later this year there will be surprises like the year 2017. many say / predict bitcoin has annual cycle at least hold 2 years and I'm sure bitcoin will reach 11K.
Unless there is a bad issue this year, hopefully not.
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Woolles890
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Merit: 10
A Blockchain Mobile Operator With Token Rewards
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May 23, 2018, 01:04:31 PM |
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I'm still wondering why bitcoin suddenly dropped over 11kUSD. i thought that it will hit 30k usd this year, but how come it's suddenly dropped? i dont think so if its manipulated by whales or maybe the supply and demand of bitcoin is one of the problem . or maybe uts a chance given to us to buy so we can havea good profits. can someone explain?
Yes, of course, Bitcoin will go up again and the price of Bitcoin is starting to improve from last month. I think the price of Bitcoin down is a very reasonable thing because this is called fluctuating. So the price of Bitcoin can go down and rise in a short time. |
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PG13
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Activity: 322
Merit: 10
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May 23, 2018, 02:26:43 PM |
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I'm still wondering why bitcoin suddenly dropped over 11kUSD. i thought that it will hit 30k usd this year, but how come it's suddenly dropped? i dont think so if its manipulated by whales or maybe the supply and demand of bitcoin is one of the problem . or maybe uts a chance given to us to buy so we can havea good profits. can someone explain?
Price changes every time as this will be result to supply and demand ratio. This is called a risky investment due to its volatility in nature and no one can predict the price of bitcoin. To be profitable in this technology you need to invest in a long term and have patience to wait for the best price as this is decentralize currency with a limited amount of coins the price will skyrocket soon. |
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vhiancs
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--=oOo=--
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May 23, 2018, 02:56:44 PM |
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I'm still wondering why bitcoin suddenly dropped over 11kUSD. i thought that it will hit 30k usd this year, but how come it's suddenly dropped? i dont think so if its manipulated by whales or maybe the supply and demand of bitcoin is one of the problem . or maybe uts a chance given to us to buy so we can havea good profits. can someone explain?
Don't worry bitcoin currency is always recovered its price even if the price of bitcoin going down you must expect that there's a next pump because that is a part of the movement on the market. It might be next week or next month the price of bitcoin currency will reach the target price so don't lose hope, alright?. |
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xuv500
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Activity: 406
Merit: 11
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May 23, 2018, 03:52:31 PM |
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Crytpo currency market is a volatile market and the price may come down or goes up any time at any moment. As a basic rule in this crypto market if a price goes further down, it will definitely bounce back to highest price within few days or week. I have seen Bitcoin recovering very quickly after a down price for past couple of years.
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Roni116
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Activity: 269
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Soil.co - Earn USDT/USDC
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May 23, 2018, 05:40:04 PM |
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I'm still wondering why bitcoin suddenly dropped over 11kUSD. i thought that it will hit 30k usd this year, but how come it's suddenly dropped? i dont think so if its manipulated by whales or maybe the supply and demand of bitcoin is one of the problem . or maybe uts a chance given to us to buy so we can havea good profits. can someone explain?
Decentralized currency is a currency with price volatility, because it is based on demand and supply. The fall in bitcoin prices is normal and definitely bitcoin may increase again. |
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Btcschool
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Activity: 488
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May 24, 2018, 09:59:11 AM |
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Since the introduction of bitcoins it has risen and fallen several times, so if bitcoins fall in the short term, it shouldn't be a surprise. It will surely rise again. it fall can be attributed to news items that make people panic sell.
Up and down is the part of business and all the investors are buying bitcoin for earning more and more money. Nobody buy bitcoin for general use like the one he uses in his daily routine. It means that bitcoin investment is a business and in business you will have to bear the loss as you enjoy the profit. The price is rising and will hit $10k in the near future. |
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robotrobert
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May 25, 2018, 11:22:07 AM |
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I think at some point it will, but in short term I think it will go back into the 3k range. I am out until the market starts to turn some, just going to limit my losses from here on out.
Now bitcoin price is increase. So if want to sell check the market place. Then you ideas. It any time to increase and down so plan to work and complete the process. It good opportunity for future growth. Time is important for this process so time to sell and time to buy it. Wait for the price increase the sell it. People know the all process. So before start any process. Plan to work. The Bitcoin is rising up again and this is observing in the current market as the market has recovered from 6k dollar to 8.3k dollar. Another Bitcoin increase trend can be better explained from its average price increase per year and we compare the average demands and prices each year. The current stages are favorable and the market will follow the increase trend as the demand is increasing. |
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Eleven86
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Activity: 364
Merit: 10
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May 25, 2018, 12:50:07 PM |
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The price of bitcoin will surely rise in future. But it happens not immediately it will take time rise again. Because the market is not stable and so many fluctuations are going on. No one cannot predict the market now. If all expect it will rise tomorrow but oppositely it will down. Likewisw the market makes confuse. But all are hope like last year december the price will rise and make investors happy. Till that we have to wait with patience.
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sclmte
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Activity: 434
Merit: 10
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May 25, 2018, 01:03:46 PM |
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The price of bitcoin will surely rise in future. But it happens not immediately it will take time rise again. Because the market is not stable and so many fluctuations are going on. No one cannot predict the market now. If all expect it will rise tomorrow but oppositely it will down. Likewisw the market makes confuse. But all are hope like last year december the price will rise and make investors happy. Till that we have to wait with patience.
Actually, the dump of prices we have facing right now is just normal. And we can't help it to recover fast if we all selling our tokens in low price. At the time, we just keep on holding and feel free to enjoy buying coins from weak hands and see profit when it goes back to high price again. |
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intoy_victor
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Activity: 266
Merit: 16
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May 25, 2018, 01:15:39 PM |
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Don't expect that bitcoin's price will rise permanently, bare in your mind that if bitcoin will rise expect that it will fall again. But don't lose hope if its price right now is down, it will rise in the future. Maybe its price in the future will double than the price last year. Patience is the bast to all your daily works.
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Guryon_master
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Student Coin
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May 25, 2018, 01:51:13 PM |
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Whales, weakholders and fud are the really reason why bitcoin crashing. The supply and demand has no part on it because bitcoin is always the first choice of many investors and crypto currency lovers
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energycom
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May 25, 2018, 02:30:41 PM |
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I think at some point it will, but in short term I think it will go back into the 3k range. I am out until the market starts to turn some, just going to limit my losses from here on out.
Now bitcoin price is increase. So if want to sell check the market place. Then you ideas. It any time to increase and down so plan to work and complete the process. It good opportunity for future growth. Time is important for this process so time to sell and time to buy it. Wait for the price increase the sell it. People know the all process. So before start any process. Plan to work. The Bitcoin is rising up again and this is observing in the current market as the market has recovered from 6k dollar to 8.3k dollar. Another Bitcoin increase trend can be better explained from its average price increase per year and we compare the average demands and prices each year. The current stages are favorable and the market will follow the increase trend as the demand is increasing. Of course it will rise up again, this happens usually. People lose their hope when the price goes down. Never be like this, price recovery is already there anytime when it's needed. Whales are hungry for profit. |
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Hannahanto
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May 25, 2018, 02:47:54 PM |
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Sure the price will rise up again but not now. We cannot predict the market, tomorrow it may be increase or day after tomorrow it will decrease so we cannot judge. Due to demand supply of bitcoin in the market the price automatically goes down. If more investors are ready to invest then the price will automatically increase. Now the people get panic to sell the bitcoin they are dump their coin for future. This also makes insufficient supply of bitcoin in market. Hope in future sure the price will rise up again.
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