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Author Topic: Bitcoin is bearish trend now.  (Read 263 times)
Oceat
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May 24, 2018, 07:16:19 PM
 #41

I'm afraid the bitcoin price will not go up as high as last year, because there are a lot of factors that can cause bitcoin prices will not be high anymore. One of the factors is the popularity of Ethereum, ethereum is currently quite popular and the amount of transaction activity per day has beaten bitcoin.
You think so? Well, it is due to the fact that most of the altcoins are erc20 which is compatible to Ethereum wallet or myetherwallet(MEW). Most of the transactions of altcoins are happening in MEW compared to Bitcoin which is different but despite of that both have their own advantage and disadvantages.
Bitcoin might be in a bearish trend now but it is just trying to come back into its normal state before.


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May 24, 2018, 09:38:03 PM
 #42

But if cross 8900$ then Bitcoin will bullish trend and price will increase rapidly and recover itself.

whenever the price falls I see the despair of many people. with the regulations is more difficult to know if the price can even rise.

If this bearish trend continues until next week we might see bitcoin @4000$ again.  Its so alarming  why bitcoin is decreasing so fast, is this the end of crypto?

How so the end? the price falls and rises and this is normal. you must have patience and have positive thinking and why the hell did you think about $ 4000?

People who bought btc at under 7000 for sure they will sell now Maybe they are controlling prices
They can drop prices below 4000

why?

The loser is the one who hold

This is not true and time has proven it.


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May 24, 2018, 10:04:05 PM
 #43

If this bearish trend continues until next week we might see bitcoin @4000$ again.
I think you should sell now before you not "we" see $4,000. We'll never see $4,000 again.

Its so alarming 
Most of us here aren't alarmed so it might be new in your hear when you heard bitcoin will fell off $4,000 again?

why bitcoin is decreasing so fast,
Not really decreasing so fast, it was down with $1,000 unlike before that it moved up with a $1,000 - $4,000 and higher gain so why the price that time increased so fast?

is this the end of crypto?
I really think you need to start selling.

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May 25, 2018, 07:24:44 AM
 #44

If this bearish trend continues until next week we might see bitcoin @4000$ again.  Its so alarming  why bitcoin is decreasing so fast, is this the end of crypto?

https://i.ytimg.com/vi/WkqhrTTl9To/hqdefault.jpg

Yes, sell all your coins, it is over.

Lol. Yeah sell everything and there are a lot of us who'd wholeheartedly pick up the scraps from your bargain selling lol. Can't handle the pressure can we? :p

Preaching the truth right here. Grin
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May 25, 2018, 07:42:46 PM
 #45

If this bearish trend continues until next week we might see bitcoin @4000$ again.
I think you should sell now before you not "we" see $4,000. We'll never see $4,000 again.

Its so alarming 
Most of us here aren't alarmed so it might be new in your hear when you heard bitcoin will fell off $4,000 again?

why bitcoin is decreasing so fast,
Not really decreasing so fast, it was down with $1,000 unlike before that it moved up with a $1,000 - $4,000 and higher gain so why the price that time increased so fast?

is this the end of crypto?
I really think you need to start selling.

I mean right now, 4000$ doesn't seem like an option but always remember FUD and bad news can change that very quickly, I personally think this time we are going to see a higher low, around 7k and just bounce from there and test 10k again.



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May 25, 2018, 09:48:17 PM
 #46

Bitcoin still on bearish trend. Until it cross 8900$ for me still bearish trend. Up to where it will go down no one can say exactly. Might be down up to 7500$ to 7K. But if cross 8900$ then Bitcoin will bullish trend and price will increase rapidly and recover itself.
The bearish trend now is maybe cause by manipulators who want to gain profit of bitcoin. I think one of the modus manipulators are doing is spoofing, entering orders and later cancelling that orders in an attempt to shift the valuation of an asset.
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May 25, 2018, 11:10:28 PM
 #47

I mean right now, 4000$ doesn't seem like an option but always remember FUD and bad news can change that very quickly, I personally think this time we are going to see a higher low, around 7k and just bounce from there and test 10k again.
If bitcoin touches $7,000 there will be a lot of panic for sure.

But again we have to wait and see the test until bitcoin goes straight again moving forward up to $10,000. Holders like OP shouldn't worry with their money or better they have to leave the market and get back on it again when it's healthier.

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May 25, 2018, 11:54:36 PM
 #48

Bitcoin still on bearish trend. Until it cross 8900$ for me still bearish trend. Up to where it will go down no one can say exactly. Might be down up to 7500$ to 7K. But if cross 8900$ then Bitcoin will bullish trend and price will increase rapidly and recover itself.
The bearish trend now is maybe cause by manipulators who want to gain profit of bitcoin. I think one of the modus manipulators are doing is spoofing, entering orders and later cancelling that orders in an attempt to shift the valuation of an asset.
I think this bearish trend now will continue once no improvement of value. Well, manipulation always does exists they are always very active in the market. Hoping we will see a good trend and a bullish trend in bitcoin.

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May 26, 2018, 01:51:07 AM
 #49

Bitcoin still on bearish trend. Until it cross 8900$ for me still bearish trend. Up to where it will go down no one can say exactly. Might be down up to 7500$ to 7K. But if cross 8900$ then Bitcoin will bullish trend and price will increase rapidly and recover itself.
Bitcoin trend is always changing and now bitcoin is experiencing a significant downward trend compared to last month. Some people must experience panic and fear because they fear the price of bitcoin continues to decline. But I have a sense of optimism, I am sure some time back bitcoin will return again on a positive path. It's all because bitcoin will be increasingly in demand by many people.

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May 26, 2018, 02:14:07 AM
 #50

Bitcoin still on bearish trend. Until it cross 8900$ for me still bearish trend. Up to where it will go down no one can say exactly. Might be down up to 7500$ to 7K. But if cross 8900$ then Bitcoin will bullish trend and price will increase rapidly and recover itself.
The bearish trend now is maybe cause by manipulators who want to gain profit of bitcoin. I think one of the modus manipulators are doing is spoofing, entering orders and later cancelling that orders in an attempt to shift the valuation of an asset.
I think this bearish trend now will continue once no improvement of value. Well, manipulation always does exists they are always very active in the market. Hoping we will see a good trend and a bullish trend in bitcoin.
Yes the bearish trend will continue once there is no support on a certain range but i think it would not going to happen. I think there is a support at $6k level so that it will not go beyond that value.

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