Is bitcoin fever coming back?

[rinkujaglan]

bitcoin have passing through bad time but this process will not continue in future because people attract and believe on it once again. Bitcoin and other many crypto currency like eth, litcoin etc. return their performance  as well as successfully solving mostly problem including crypto and bullish  the market.

[imgoinforbitcoin]

After its skyrocket increase, hitting $20,000/BTC in the late months of 2017, this cryptocurrency responded to the excitement of investors with a disappointing fall in the first months of the new year.

Bitcoin has yet been able to recover 50% of its peak as the Crypto market is still fluctuating. Bitcoin value has fallen below $ 7,000, recorded on 2nd April. The whole market is sunk in red.

Kyle Salmani, the founder of crypto-currency fund Multicoin Capital, which manages $50 million (41 million euros) of private cash, said: "This is a healthy correction after an exuberant 2017." However, Kyle Salman does not bet on Bitcoin's return.

In another perspective, Jordan Hiscott, investment manager at the Ayondo Markets online platform, added: "certainly the halcyon days of performance gains from 2017 seem long gone."

According to Coinmarketcap, Bitcoin makes up only 40% of trading volume in the Crypto Market Exchanges while the number was up to 80% just a few months ago. The keyword “Bitcoin” also has a low weekly number of Google search.

Bitcoin market will continue to fluctuate based on investor sentiment
"I wouldn't be surprised to see prices fall to $5,000 from here or go back above $10,000," said Craig Erlam, an analyst online currency trading platform Oanda. The majority of Bitcoin holders still keep their faith and are hoping for a dramatic change in Cryptocurrency market

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I don't know, bitcoin is having a hard time right now, if you look at the market cap then you will realise that a lot of money keeps leaving the market which is affecting the price of bitcoin. It might take a while before we get to see another bitcoin fever but the truth is that we do need another one if the price of bitcoin is going to do as well as it did before.

[TropicalDog17]

I think that if you just learned about crypto-currencies, then you found out about it very timely, because today there is a correction period, I think that most likely in the case of investing today you are very lucky.

Right, it's a good period. And I am not sure that we can have two equal fevers with Bitcoin. I believe in the technology and hope my coins will moon, but you still can't go into the same river twice.

[wateball]

Most people are waiting. The first is waiting for the market to pick up. The second is waiting for the market to have more funds to integrate and then invest again. Don't worry, Bitcoin will definitely rise again, maybe at the end of this year, or tomorrow. Everything is possible.

[lorapalmer]

It was obvious from the beginning that bitcoin will not stay at $20k for a long period. After such a huge leap for sure, the rate would drop sooner or later. It is a normal situation and I think starting from September bitcoin rate will go gradually up again.

[dnsokoljuk]

Ofcaurse all this very critical time and need to be strong this times. This is time to think - what need to do? What is my  plan B? Not only cryptocurrency must take place in our life, also we need to be strong in another sides of our life.

[Irvinn]

If investors are learning something, then I think that such a fever, which was at the end of last year, will no longer be. We have already seen what such fevers lead to. It will be much better if bitcoin will grow smoothly, without sudden surges and ups. Smooth growth it will reach large price values, than by sharp ups.
In addition, I think that investors will already be afraid of a repeat of last year's events.

[lee cooper]

Bitcoin fever can happen and it will happen, moreover the popularity of bitcoin has expanded. Will be one big hope with bitcoin, and later many who live rely on btcoin because its value is so legitimate and unpredictable.

[FillJaS]

Bitcoin fever can happen and it will happen, moreover the popularity of bitcoin has expanded. Will be one big hope with bitcoin, and later many who live rely on btcoin because its value is so legitimate and unpredictable.

I think that he will return. BTC today is not in a good situation, but its obvious that he will grow. Bitcoin can recover, because this is the first coin and it will survive for many years. He can survive regardless of what happens to him. Also supporters of bitcoin will grow even more.

[ven7net]

Bitcoin really surprised everyone when it reached the price of 20 000 USD in 2017, but after that I quickly disappointed when I went down to 6000 USD. Most likely now everyone is feverish from such a deplorable situation, as many hoped for further growth but got a strong fall. All this is the fault of the usual manipulation of major players. Now it is turbulent to predict whether there will be again a huge demand for bitcoin as many already treat it more cautiously.

[cherepashkis]

now on the contrary, many are afraid to invest in cryptocurrency and bitcoin. and the excitement for bitcoin has passed.

[vasilisc555]

It seems to me that we are now standing at the threshold of a new round of peak values of coins. We are looking forward to the end of September. I hope that the market very soon will please us in green.

[TravelMug]

Everyone should really accept the fact that bitcoin will keep on struggling because we are in a bear season. If you learn to accept it then your attitude will change. What I mean is don't expect something big to happen at the end of the year so that you won't be disappointed at the time.

Only time can tell if we are going to full recovery mode. So far there's no positive news coming. And if there's one its not enough to push the market to the levels that we all have wanted it to be. We are all in a denial stage, but the earlier we accept that it might take a while for the market to bounce back, the better it will be for everyone.

[AndreyBitTalk]

now, on the contrary, the popularity of bitcoin and crypto-currencies are falling and many have left the world of crypto-currency

[hsnjtdj]

According to my observations on the cryptocurrency market these days, I think Bitcoin has not recovered yet. Bitcoin still takes a long time. We only need to wait patiently, because Bitcoin will definitely pick up and will rise to one. New height, our wait is worth it

[Scripture]

Cryptocurrency hype doesnt disappear. It so happen that a lot of people are discouraged by the market downfall and spreading their rant on the forum. It is also an indication that a lot of people still affected by crypto thats why they react like that. The cryptocurrency's popularity is indeed spreading all over the world and continue to multiply as of this moment.

[lancer10]

Yes I have great trust that fever of bitcoin fever  is  coming back ..Last year was the worst for bitcoin. Market growth  has just begun . At the end of the year 2018 bitcoin give you unexpected reward to all.

I also hope that most coins will moon and Bitcoin will reward us all with 10x the price! This market recovery can't come too soon. I wouldn't wait for it by the end of the year, but maybe the beginning of 2019.

[bawa_23]

Bitcoin is the king of future technology, so Bitcoin fever will surely come come back & will hit again to top. It is new technology, it is spreading & getting popularity dady by day.  New investors will surely invest in it & bull will run soon.

[lubah]

I think that such a large increase this year will not be but in 2019 the fever will be much stronger than in December 2017. After the institutions, ordinary investors who believe in official government agreements will come.

[sistemerror]

Over the past month, it has grown by 2 thousand dollars. Is that the answer to your question? I think so after a prolonged growth ,as it was in 2017 ,followed by a logical decline. But it is never infinite