BTC down to 6654 in Japanese time

[yepaiyique2]

BTC is likely to fall below $6000!

The fall was worse than expected!

Be prepared to buy BTC for the price increase at the low point!

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[Kakmakr]

There are definitely a force pushing down the price at the moment. Just as it is about to break out, they dump coins on the market and it goes down again. This has been going on for the last couple of months now. Someone does not like the idea that Bitcoin should break out, like it did last year and they are dumping coins to prevent that.

Their resources will run out soon. ^lol^

[Crytptomeniac]

Until people stop panic selling and dumping so much coins into the market when they see the price go up a bit then prices will keep falling because these people are just filling the market with supply.

[bozo333]

Until people stop panic selling and dumping so much coins into the market when they see the price go up a bit then prices will keep falling because these people are just filling the market with supply. it will

But not all the peoples are panic selling in Bitcoin because many peoples are still believe the bitcoin. The main reason of price fluctuation is social media and Mt gox selling the 6000 BTC so don't blame the peoples because consumer is always supporting to crypto currency. Bitcoin is always potential coin again it will raise soon but we should wait for one or two months.

[Hamphser]

Until people stop panic selling and dumping so much coins into the market when they see the price go up a bit then prices will keep falling because these people are just filling the market with supply. it will

But not all the peoples are panic selling in Bitcoin because many peoples are still believe the bitcoin. The main reason of price fluctuation is social media and Mt gox selling the 6000 BTC so don't blame the peoples because consumer is always supporting to crypto currency. Bitcoin is always potential coin again it will raise soon but we should wait for one or two months.

No specific time on when prices would shoot up once again and in regard with the current happening into bitcoin market we can really say that recovery would really still takes time. Panic sell cant really be avoided because when people do see falling prices they do panic out and sell out to their btc holdings which would really contribute into the dump.Bad thing for them but good thing for those people who are after on buying cheaper coins.

[krauzzer02]

Until people stop panic selling and dumping so much coins into the market when they see the price go up a bit then prices will keep falling because these people are just filling the market with supply.

Don't know when are they going to stop from dumping their coins most of the pairings that I see was USD/BTC or other local currencies that have some percentage to affect the price, people nowadays are so nostalgic about the past negative news about bitcoin, social media and google ads ban etc, they've already lost a large percentage of income as most of them are from the bracket price of 15 to 20K USD whales are going to have a discounted price of cryptocurrency for sure.

[Sivest]

I dont understand why people think that Bitcoin will go up again ?
Bitcoin was banned by Facebook and by Google the biggest ADS companies in the wolrd. Isnt that a good reason for it to stay at that rate ?

[leea-1334]

Until people stop panic selling and dumping so much coins into the market when they see the price go up a bit then prices will keep falling because these people are just filling the market with supply.

Don't know when are they going to stop from dumping their coins most of the pairings that I see was USD/BTC or other local currencies that have some percentage to affect the price, people nowadays are so nostalgic about the past negative news about bitcoin, social media and google ads ban etc, they've already lost a large percentage of income as most of them are from the bracket price of 15 to 20K USD whales are going to have a discounted price of cryptocurrency for sure.

Actually, should the panic selling no longer be in effect? All the sellers between 12k and here are the ones who panicked. Now the ones selling are just profit makers, who sold short at recent recoveries. I do not think that is panic. Also I am sure a lot of people are purposely riding this to make as much cheap bitcoin as they can. Every 10% made at a recovery and dip if they repeat this several times, they easily double their bitcoins. Discounts for sure everywhere. How long can it last?

[Baofeng]

There are definitely a force pushing down the price at the moment. Just as it is about to break out, they dump coins on the market and it goes down again. This has been going on for the last couple of months now. Someone does not like the idea that Bitcoin should break out, like it did last year and they are dumping coins to prevent that.

Their resources will run out soon. ^lol^

Correct, well one face was already unmasked, which is the Mt. Gox trustee offloading bitcoin since last year but was not caught up because they are a lot of buyers that time. However, starting this year, when we are about to break out, seems that we can't get to the next levels until someone exposes him.

In my view, the reason why we are still going down despite the Mt. Gox trustee no longer dumping the coins is that the daily traders simply taking profits the moment they see the price is already ripe for the taking.

[BitMaxz]

As of now the price is stable around $6600, but the market holders are still panic selling maybe this is because of the news about banning bitcoin in india.

This is just like what happened in the past years ago and i think this is another FUD that is why the price keeps falling again below $7k.

I dont understand why people think that Bitcoin will go up again ?
Bitcoin was banned by Facebook and by Google the biggest ADS companies in the wolrd. Isnt that a good reason for it to stay at that rate ?

I think this is not a big reason why the price drop and honestly Bitcoin is not banned in google and facebook they have just added a new policy due to many ICO scammers. They are asking for legalization of any investment project since ICO's are part of investment they regulate and verify if its real project or not.

Bitcoin is not actually banned if you have a bitcoin business you just need to verify that your business is legal.

[Bagaji]

Will BTC go sub 6500 USD Today

Same here in my country but i do strongly believe that Bitcoin will sn upward direction movement in know distance time from now or couple of weeks to come if all things remain equal. Although whoever want to invest more money should do so as that alone will help recover the market from the current downward trend.

[Sivest]

As of now the price is stable around $6600, but the market holders are still panic selling maybe this is because of the news about banning bitcoin in india.

This is just like what happened in the past years ago and i think this is another FUD that is why the price keeps falling again below $7k.

I dont understand why people think that Bitcoin will go up again ?
Bitcoin was banned by Facebook and by Google the biggest ADS companies in the wolrd. Isnt that a good reason for it to stay at that rate ?

I think this is not a big reason why the price drop and honestly Bitcoin is not banned in google and facebook they have just added a new policy due to many ICO scammers. They are asking for legalization of any investment project since ICO's are part of investment they regulate and verify if its real project or not.

Bitcoin is not actually banned if you have a bitcoin business you just need to verify that your business is legal.

Are you sure about this information ? because on coindesk they said soemthing different
Can we know where you had this information from ?