What's wrong with Bitcoin now?

[Bagaji]

Bitcoin value is currently strangling to survive the market value decline as the activities of whales and that of the panic sellers are doing at the moment are all responsible for the recent decline.  Although we believe that Bitcoin will bounce back from its current market value to what it was late last year and above.

[1715061930]

1715061930

[websoftwareengineer]

Bitcoin has lost almost 15% of its value since two weeks ago. At the peak around Christmas holidays, it was trading at over $19,000.

Bitcoin investors have been predicting that meteoritic rises will commence any day now. But the price has been hovering in the $8,000-$9,000 range with surprisingly low volumes.

One Good Post: why is Bitcoin price stagnant?

What is happening in the Bitcoin world?  What is the near-term price forecast for Bitcoin?

There is nothing wrong about cryptocurrency or birtcoins but the traders has a problem because they sell their coins at the lowest price even the market are currently dumping the value due to pressured holders who are selling their coins right now.

[kenziefried]

There is nothing wrong with bitcoin, the real problem are the people, they somehow expect that bitcoin violates all rules of economics and want that bitcoin always go up in value and that is simply impossible, the price needs to go down as well, this market is made of people and when the price goes up some cash out, some need that money for something important or some other reason and that decreases the price, just wait and the price will eventually recover.

Indeed, not always bitcoin is in good shape but sometimes it must be in down because that is the rule of market, bitcoin was so volatile it cannot stay to as it is now, there will be times that is high and low hence all we need to do is do the thing we want in appropriate way like sell if is high and buy if it low. There's a circulation happen in a certain market so expect that the particular coin or asset will never stay forever as it were.

Well for me, bitcoin still has a normal market trend nowadays though we have seen it dipped at around 6.5KUSD. This market situation is not bad enough for us  because we already know the volatility aspect of bitcoin. It will rise in a perfect timing and for the meantime, it would be smarter to take the opportunity to buy bitcoin at cheaper price, in order to have huge profits in the future.

Yeah, we are in a low market due to the low demand rate the price fell down and will be falling down if the rate is reducing more. However we have seen many situations like this in the past and have seen the value recovered after a down fall. Whenever the rate of demand increased then the price will also increase and we will be in standing on a good and favorable position.

[Gabteb]

If you look at price in long term then you will see price only goes up and pumps and dumps are normal ,we neednt every time make any vs , for 4 or 3 weeks BTC has gone to ATH.

[eann014]

bitcoin after having a very high price suddenly dropped at a very low price, but I still believe that it has become the character of the crypto currency and one day will have a high price again so that holding is the right choice right now, not need to panic

That's the usual can happen in bitcoin it will drops after sudden increase at all time high. Instead of worrying of this price that no movement we have to hold. Once their is adaptions take place bitcoin will increase at least.

Yeah, I think it is normal what is happening with bitcoin now, I am sure it will recover again, just hold all your bitcoins that what you have right now so there will be no regrets in the future.

[KenChanYu]

bitcoin after having a very high price suddenly dropped at a very low price, but I still believe that it has become the character of the crypto currency and one day will have a high price again so that holding is the right choice right now, not need to panic

That's the usual can happen in bitcoin it will drops after sudden increase at all time high. Instead of worrying of this price that no movement we have to hold. Once their is adaptions take place bitcoin will increase at least.

Yeah, I think it is normal what is happening with bitcoin now, I am sure it will recover again, just hold all your bitcoins that what you have right now so there will be no regrets in the future.

The value of bitcoin is constantly changing, and is seemingly hard to control and predict due to various factors. I think what's wrong would still be its volatility, the wild market swing. In tough times like this, to help overcome the situation and put ourselves at ease, it is very important to embrace the reality of volatility, continue learning new ideas, learn to strategize, be positive, and stay patient that price correction is not going to stay longer, there's still a hope that recovery will happen sooner.

[Chachacoin17]

bitcoin after having a very high price suddenly dropped at a very low price, but I still believe that it has become the character of the crypto currency and one day will have a high price again so that holding is the right choice right now, not need to panic

That's the usual can happen in bitcoin it will drops after sudden increase at all time high. Instead of worrying of this price that no movement we have to hold. Once their is adaptions take place bitcoin will increase at least.

Yeah, I think it is normal what is happening with bitcoin now, I am sure it will recover again, just hold all your bitcoins that what you have right now so there will be no regrets in the future.

The value of bitcoin is constantly changing, and is seemingly hard to control and predict due to various factors. I think what's wrong would still be its volatility, the wild market swing. In tough times like this, to help overcome the situation and put ourselves at ease, it is very important to embrace the reality of volatility, continue learning new ideas, learn to strategize, be positive, and stay patient that price correction is not going to stay longer, there's still a hope that recovery will happen sooner.

I think that recovery for a moment was still crucial since we're at the midst of dipped value of bitcoin. Learning those ideas still hopeless even though you developed confidence with your trading habits, because if you can't control your emotions you won't be able to cope up with frustrations. These days you should be more courageous to face the challenges that hinders the price to achieve a profitable value.

[checkmatesir]

Everything happens on cryptocurrency market today is just normal. We just witnessed the moon on the last quarter of the year 2017 and it will be odd and inappropriate if it will be on moon forever. Market is alive and moving from time to time. So if we are more patient, we can still witness the moon on the future like what happened last time. The history repeats itself though.

Yeah that’s what I am thinking also. We are expecting that the price will up again like the previous again but now it is normal. If the price of bitcoin increased according to the market capital the price would be the same which is today. So we should not be panic about the price of bitcoin and be patient to wait for good times to come.

[finlandais]

According to me their is nothing wrong with bitcoin.Whatever is happening is common. No doubt at present value is bitcoin is really very low.This is the lowest value of this year.But their is nothing to worry.Bitcoin will recover soon.But from last two three days we can see that value is slightly rising and hopefully in coming month value will reach at least  8k. So try to have patience and don't panic.Stay calm and keep on investing in BTC.

[kolbalish]

Bitcoin is a currency and every currency has some their own rules and they maintain those.By the way,Btc price will increase soon.Don't afraid to invest.Every platform has ups and downs in crypto world.

[BitcoinCommodor]

Nothing is wrong with bitcoin. Just because prices go down doesn't mean bitcoin has something wrong with it. I believe bitcoin is at its best since its started. It is a project thats constantly getting updates. We will see lightning network soon as well where people can send thousands of dollars for pennies which will make bitcoin the cheapest amongst others once again. This time next year it will probably have something new again, 5 years from now it will have bunch of new stuff, it will go on developing itself.

[SHAWN-MIDWAYS]

Bitcoin rallied from 5400$ to 19,600$ in just a month, what do you expect that it will still continue to grow to that point on? Expecting something unrealistic in really not a traders way and the price correction we are seeing now is a normal phase to a traded asset online. Obviously when Bitcoin reached at its all time high almost everybody took profit and only some have manage to experience losses. Bitcoin more than doubling its value in just a month made this downtrend long as it maybe is making or waiting for a bigger move.

Don't worry so what if it drops 15% it's volatile it can decrease then it can increase its a just a crypto's nature even stock market also obey this rule.Well, yup, it was trading around 19,000$ but since people want to enjoy and spend there Christmas they sell out there coins which increase the supply and decrease the demand. About predicting well its hard to predict bitcoin's price there's massive possibility that predicting will become wrong.

[Kurokyy]

Bitcoin has lost almost 15% of its value since two weeks ago. At the peak around Christmas holidays, it was trading at over $19,000.

Bitcoin investors have been predicting that meteoritic rises will commence any day now. But the price has been hovering in the $8,000-$9,000 range with surprisingly low volumes.

One Good Post: why is Bitcoin price stagnant?

What is happening in the Bitcoin world?  What is the near-term price forecast for Bitcoin?

Bitcoins prices right now is slowly dumping because of some fund that is actually spreading on other countries and people are worried about their coins which leads to panic selling their coins.