Why is Bitcoin's daily price fluctuations getting smaller and smaller?

[Virtual miner]

Why is Bitcoin's daily price fluctuations getting smaller and smaller? How do you view the current price of Bitcoin and how we should handle the transaction in the later period?

For me its just a circulation of the price of bitcoin and we have nothing to do with it to rise again. All we can do is to wait for the price to rise up again.

true, for now it is better not to do anything.
do not buy or sell, holding is a very appropriate choice. wait until bitcoin prices go back up, even beyond the previous price.

Yes, I have also noticed that Bitcoin’s price has been showing smaller fluctuations nowadays. This is mainly due to the fact that transactions in Bitcoin have decreased heavily. Now this can be for many reasons. One is obviously that many investors are speculating the market. Then the negative attitude of government towards Bitcoin has also discouraged people to stop investing in Bitcoin. Therefore I think it is best to use it as a long term investment.

[ichai]

This is because market price could barely get a good market price raise and many people also with huge amount of investment had gone day trading. Aside from that there are also huge investors coming from different individuals and do the same that is doing day trading and that would make bitcoin market price had a smaller fluctuations because it is only day traders made that fluctuation.

I think the price volatility of Bitcoin is getting smaller as it has attracted the amount of investment needed to reach a steady state. It is no longer a new school that can yield huge profits and surprises. Now there are more participants and it needs a different plan to continue to grow in the future.

[iASIC]

This is because market price could barely get a good market price raise and many people also with huge amount of investment had gone day trading. Aside from that there are also huge investors coming from different individuals and do the same that is doing day trading and that would make bitcoin market price had a smaller fluctuations because it is only day traders made that fluctuation.

I think the price volatility of Bitcoin is getting smaller as it has attracted the amount of investment needed to reach a steady state. It is no longer a new school that can yield huge profits and surprises. Now there are more participants and it needs a different plan to continue to grow in the future.

Bitcoin price fluctuations are less than a sign of the stability of the electronic currency. It has got the needed investment and many new plans are still waiting for it. Bitcoin is now a market where more people invest in and need a really thoughtful plan to make a profit from it.

[locsta123]

I think it means it is just becoming more stable for the time being, until we see another frenzy like in 2017 Im comfortable with the price making small adjustments like this, there is still money to be made if you time it right

[Visteryy]

It no longer brings huge profits and surprises.
The market price of bitcoin fluctuates less because only traders in the market fluctuate.
Now this can be for a variety of reasons. One obviously many investors are speculating the market.
Then the government's negative attitude to Bitcoin encouraged people to stop investing in Bitcoin.
I think it's best to use it as a long term investment.
It will achieve its goals.

[AndreaPhillips]

Because more and more Altcoin was born, Bitcoin has had many highs in the year 2017 up to $ 20,000, and the demand of the users was very high but a few months later, bitcoin prices have dropped. In such a case, the price of each bitcoin has become less volatile than before.

[MarieMoore12]

I think the price of bitcoin is a little bit fluctuate because of the increasing number of projects, but among them, do a lot of scam projects, so the price of bitcoin does not increase or decrease too much. More and more developing countries are developing their bitcoins in the areas of investment, trading, and even bitcoin of daily trading applications, so the bitcoin market is expanding.

[tonyvo2017]

Why is Bitcoin's daily price fluctuations getting smaller and smaller? How do you view the current price of Bitcoin and how we should handle the transaction in the later period?

I think Bitcoin's daily price fluctuations are getting smaller as people have not decided yet to invest in it after the downturn. People have not used it to trade much back so its almost worth standing in place. With that, Bitcoin prices are getting higher so it does not receive massive and powerful investment as before.

[efxtrader]

Bitcoin price always volatile and i think its very usual like in others market. Indeed in several months bitcoin price pressed by many negatives news but i am believe bitcoin price will recover again. Many expert said bitcoin price will reach $25000 end this years but i think it will happen next year

[voztata]

Why is Bitcoin's daily price fluctuations getting smaller and smaller? How do you view the current price of Bitcoin and how we should handle the transaction in the later period?

Last month, July, when Bitcoin price got to eight thousand dollars and people were saying that it was because of a project that was started by one billionaire, which also led to millions of dollars being put into Bitcoin.

So I’m guessing that now those invested money has been withdrawn, cause that’s the only I see that will make the price of Bitcoin to go down like this. Or maybe some group of savages has been waiting seriously for the price of Bitcoin to get to eight thousand so that they will withdraw.

[gabmen]

Why is Bitcoin's daily price fluctuations getting smaller and smaller? How do you view the current price of Bitcoin and how we should handle the transaction in the later period?

I think Bitcoin's daily price fluctuations are getting smaller as people have not decided yet to invest in it after the downturn. People have not used it to trade much back so its almost worth standing in place. With that, Bitcoin prices are getting higher so it does not receive massive and powerful investment as before.

Yeah that means there's little movement from investors and holders. This year saw a significant drop from an all.time high of almost 20k to a bottom of 5.8k. That's around 75% drop so holders are wary of making big moves, probably not until there's a clear indication of a bull market returning.

[mikyadel]

Most likely it's because of little volume trading which is a bad indication of investors leaving or getting sick with bitcoin ! the other scenario is there are still few investors who control the market very tight that they can scalp in certain price ranges and that's also bad indication of whales monopoly.

[South Park]

Why is Bitcoin's daily price fluctuations getting smaller and smaller? How do you view the current price of Bitcoin and how we should handle the transaction in the later period?

As time passes and the market cap of bitcoin keeps growing it means that it takes more dollars to move the market of bitcoin, for example when the market cap of bitcoin was 10 billions it took 100 millions dollars to move the market 1% up but with a market cap of 110 billions, it takes 1.1 billion to move the market 1% up, eleven times more money to get the same movement.

[ocid]

Why is Bitcoin's daily price fluctuations getting smaller and smaller? How do you view the current price of Bitcoin and how we should handle the transaction in the later period?

For me its just a circulation of the price of bitcoin and we have nothing to do with it to rise again. All we can do is to wait for the price to rise up again.

true, for now it is better not to do anything.
do not buy or sell, holding is a very appropriate choice. wait until bitcoin prices go back up, even beyond the previous price.

Yes, I have also noticed that Bitcoin’s price has been showing smaller fluctuations nowadays. This is mainly due to the fact that transactions in Bitcoin have decreased heavily. Now this can be for many reasons. One is obviously that many investors are speculating the market. Then the negative attitude of government towards Bitcoin has also discouraged people to stop investing in Bitcoin. Therefore I think it is best to use it as a long term investment.

storing bitcoin for a long time is the safest way we can do it for now so there is no panic because bitcoin price fluctuations are getting smaller in value, don't be easily influenced by predictions of someone who is able to analyze bitcoin price movements in the future, follow price movements and do not decide to sell it in the near future so there will be no regrets later

[sublime5447]

Which timeframe are you talking about? If you look at a large timeframe, looks like there will be a trend change, now is the time when the market is saturated and don't know which way to move. Buying Bitcoin now won’t be a problem if it’s for long-term investment, but if it’s for trading on a daily or weekly timeframe I recommend you to wait until the trend is formed first and apply the Elliott wave for decision making.

[beverly788113]

Which timeframe are you talking about? If you look at a large timeframe, looks like there will be a trend change, now is the time when the market is saturated and don't know which way to move. Buying Bitcoin now won’t be a problem if it’s for long-term investment, but if it’s for trading on a daily or weekly timeframe I recommend you to wait until the trend is formed first and apply the Elliott wave for decision making.

As you can see that bitcoin prices are getting lower as the price of bitcoin fluctuates, it will be very dangerous and the market will fluctuate sharply if bitcoin prices fluctuate in large amplitudes. While bitcoin is playing a dominant role in the market as it controls the volatility of the altcoin price, only a small fluctuation of the bitcoin price can cause the price of altcoin to fall sharply. At this point you should only invest in bitcoin to minimize risk.

[alentmay]

Why is Bitcoin's daily price fluctuations getting smaller and smaller? How do you view the current price of Bitcoin and how we should handle the transaction in the later period?

For me its just a circulation of the price of bitcoin and we have nothing to do with it to rise again. All we can do is to wait for the price to rise up again.

true, for now it is better not to do anything.
do not buy or sell, holding is a very appropriate choice. wait until bitcoin prices go back up, even beyond the previous price.

Yes, I have also noticed that Bitcoin’s price has been showing smaller fluctuations nowadays. This is mainly due to the fact that transactions in Bitcoin have decreased heavily. Now this can be for many reasons. One is obviously that many investors are speculating the market. Then the negative attitude of government towards Bitcoin has also discouraged people to stop investing in Bitcoin. Therefore I think it is best to use it as a long term investment.

Yeah, it is also a reason of fluctuations getting smaller and smaller. If government stop discouraged the bitcoin investment and give courage to the people then definitely bitcoin will be gotten bigger and biggest price.   

[patarfweefwee]

Well, if you follow the trends, it will just keeps on dipping till late August to about half of September. Then after that the price will increase. I personally, just buys crypto currency by August to beef up my portfolio. After that, i just keep calm and wsit for the bull market and wat h the income rise. I just hope it comes soon.

[sensimilia]

Why is Bitcoin's daily price fluctuations getting smaller and smaller? How do you view the current price of Bitcoin and how we should handle the transaction in the later period?

We can imagine that it is because bitcoin is becoming a currency and it takes the small price fluctuations from it, to be more stable to be used as a currency in the worldwide manner.

[yanesna3]

This is because market price could barely get a good market price raise and many people also with huge amount of investment had gone day trading. Aside from that there are also huge investors coming from different individuals and do the same that is doing day trading and that would make bitcoin market price had a smaller fluctuations because it is only day traders made that fluctuation.

I think the price volatility of Bitcoin is getting smaller as it has attracted the amount of investment needed to reach a steady state. It is no longer a new school that can yield huge profits and surprises. Now there are more participants and it needs a different plan to continue to grow in the future.

Honestly, I am a bit confused by this question. probably it is only me, the guy that does not think that fluctuations of BTC are getting smaller? What I see, is the high Bitcoin volatility.