Bitcoin is facing a tough time at the moment because...

[Moiyah]

one thing is for sure, you can not use Technical Analysis, Moving Average,... to predict bitcoin. bitcoin will move on its own accord. your TA may sometimes work but most of the times it won't. right now this is all unexpected, the FUD and the dumpings are crashing the price and it will continue to do so until the two opposite forces (the other is the buy support) cancel each other and price reverses back up until next FUD.

And this is statement makes all sense. Despite of the SMA, RSI, BB I am using in trading, we cannot control how that fud really affect the price. Regardless of being an expert in reading indicators, TAs are somewhat useless and the opposite thing happening. When people expect it to pump, it will unexpectedly dump. How pathethic.

[Naughty Princess]

It is tough for bitcoin allright. There has been fud after fud, bad news after bad news, people shaking in the event of all negativity that came. Thus the fall of bitcoin price continues on. Many peolle against bitcoin like the government or the banks are riding this rollercoaster hell of a ride. I've been watching this from afar and i can see noone is doing anything to help.

Certainly, fake and bad news about Bitcoin make it fall. We must not support this panic and share the negative and false information. Just stay positive and tell your buddies everything good what you know about it.

Thinking positively needs by those who easily feel down to avoid contributing on the fall and more fall because of bad news that spreading. We have believe on the potential of the coin and will have good price again and boom on the market and everyone will enjoy of gaining profit.

[Ryan786]

Because it's natural and a way of life in any investment market, and that is something everyone needs to understand before thinking of stepping foot in the crypto world or any form of investment that is volatile, there will be plenty of red moments along the way and stupid decisions that come with it

[WhyBit]

We now that there's a lot of speculation and prediction but most of proven that their trust and believe to the capability of bitcoin is so weak. Because in a long period of time in engaging to bitcoin we always proven that even if how low it's value it's make sense that in upcoming couple of weeks or months it surely comes a higher pumping value that everyone's wanted to have. I believe its now  wait-and-watch time

[arlington]

I believe that we are in a summer session and lots of investors are willing to make their holiday and the market is not very active at the moment we shall wait a bit more to see what happens exactly 

[Faeton]

The current difficulties for bitcoin began after in December of last year it began to rise very sharply in price, because people massively began to buy it and keep it as a means of accumulating value. Ah, this is abnormal for crypto currency. Therefore, we have the current situation, when bitcoin fell into a correction, after which many beginners began selling their bitcoins, being frightened of its fall. However, on the other hand, it is also not bad, as we are freed from unbalanced persons and gain the necessary experience. Potential investors will already know what a big drop of bitcoin is possible, there is nothing unusual in this and will be ready for such a turn of events, which means there will be less panic.

[teterinal]

i think the bitcoin decline is because of the panic sellers. these investors got nervous when the prices where decreasing. and because of this the demand for the coin drops.

[Catch-22]

Because tough times happen in all currency markets. That’s just the way it is. Keep the faith. Things will be alright by the end of the year.

[Vart4varta]

Never sell during a panic when the courses have already appreciably depreciated, because you will only go to a loss, and so there is a chance of retracement of the course, in any case there is an asset on hands that is likely to grow. I'll remind you before the spring of 2017, Ether has been falling for more than nine months.

[TelolettOm]

Bitcoin is at the crossroad of SMA 200. Will it give in or not, that is the question?

Last month it hit that SMA 200 level and bounced. Will it repeat again?

no fud, no fomo, just a piece of information.

indeed bitcoin is experiencing it is what the investors need is patience and confidence in investing with bitcoin because we know it is one of the risks in investment

[Ikpirijor7]

The decrease in bitcoin costs will be a decent time to re-purchase. As yet recalling that in the earlier long stretches of January and February, bitcoin costs fell, however bitcoin costs climbed again after the Chinese New Year, and the history is dependably strikingly comparable. You ought to grab the occasion. Purchase sits tight for Bitcoin to rise once more.

[azhariusman1981]

Right now it is true bitcoin is facing difficulties, but it does not mean to stop midway, this is often the case every year but bitcoin can survive and bitcoin prices will up again. A few days already shows the early signs of rising market bitcoin is green again hopefully bitcoin prices continue to up.

[wallstone]

Bitcoin is always facing tough situation but bitcoin always recovers its downfall.This is just a normal situation of cryto world.i believed that bitcoin can overcome tough times like this.

Yes, bitcoin always facing in this kind of challenges and I know this is only temporary and I believe and trust to bitcoin will recover in this kind of situation and soon it will rise and give high profit to all his investors we need to be patient and calm while waiting for increasing of price value.

[onemancrypto]

There is a phrase called "Loss over Expectation". Bitcoin was nowhere few years back . Certainly it has some prospect and value , for that it has sustained more than 9 years . Ups and Down are normal phenomenon in this sector. But my suggestion will favor Bitcoin a bit. Yes it is facing some tough time. But its needed for the balance.

[Lanzer]

There is a huge amount of fud around bitcoin at the moment, and that is one of the main reasons of why we are seeing such decrease on the price

[alaskata]

BTC is going down day by day, but it certainly has not sunk, so you will have to admit uncontrollable natural elements are unavoidable.

[Glorypaasa]

Bitcoin is facing a tough time at the moment because of its price getting lower and lower but i know that bitcoin will rise again and rich its higher value.

Bitcoin is very volatile and there's a lot of FUD and many scammers used bitcoin to scam people and the reputation of bitcoin became down but I think its a normal issue because not all the people are not a die hard supporters of bitcoin but if we know to play the game we can be victorious at end.

[Gramna]

Based on the historical data, Bitcoin has faced tough times over and over again, and in all those times, it has recovered every after fall and soar high again after. I think we just need to still believe and focus on the historical trends since these are facts, plus the fact that the prices might be down yes but we all know that Bitcoin is still on top of the game regardless of the set backs of the media's black propaganda against it.

[Lamisa asfiya]

Yes, their cost has been greatly reduced. Because many social media blocked the ads cryptocurrency. That will greatly affect ICO projects in the future. If you want to earn money investing and joining the signature campaign will be more valuable. Many people in the world are earn money by doing this.

[jhonvir666]

because Bitcoin is experiencing many difficulties today because it is affected by bad news. Other large investors have holds many bitcoins. These are actually selling bitcoins at very cheap prices, thus affecting their value. But I think it will soon be passed and it will soon increase the price.