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Author Topic: today is Thursday 24 may, bitcoin price back down, what happened  (Read 210 times)
borjois56 (OP)
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May 24, 2018, 07:24:35 AM
 #1

everyone gets very anxious about bitcoin prices down to date, some say bicoin will go down, some say, bitcoin will go up, according to you, where is the right information

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May 24, 2018, 09:45:45 AM
 #2

Yes, say the price and I have written before about this and happened now and this story is known to all traders in this market has happened by several times over the past 4 months
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May 24, 2018, 09:57:15 AM
 #3

everyone gets very anxious about bitcoin prices down to date, some say bicoin will go down, some say, bitcoin will go up, according to you, where is the right information

Mostly when the price goes down peoples are listening of negative news against bitcoin or there are many supplies of coins are still holds we need not to worry let's keep our self ready accept everything we are still lucky.
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May 24, 2018, 10:05:28 AM
 #4

everyone gets very anxious about bitcoin prices down to date, some say bicoin will go down, some say, bitcoin will go up, according to you, where is the right information
Fell free I don't know them, What was the price of Bitcoin was going to increase today.i know bitcoin price everyday down to fair in this start year.no negative feedback as the false news. Always check Twitter,facebook, YouTube,coindask and others information site about bitcoin..hope will increase soon.
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May 24, 2018, 10:20:44 AM
 #5

There is a facts that Bitcoin is very volatile so don't be surprised when it goes down again. Unfortunately this is the negative mode of bitcoin which downing movements but don't be worried because this is just a normal flow of it's movement and for sure after downfall there will we a rising up again we just need to be relax and be always active to the movements in the market.
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May 24, 2018, 10:25:05 AM
 #6

There is a facts that Bitcoin is very volatile so don't be surprised when it goes down again. Unfortunately this is the negative mode of bitcoin which downing movements but don't be worried because this is just a normal flow of it's movement and for sure after downfall there will we a rising up again we just need to be relax and be always active to the movements in the market.
BTC will likely find acceptance below the immediate support seen at $7,188 (78.6 percent Fibonacci retracement seen in the daily chart) and drop to the $7,000 mark in the next 24 hours.
By then, the RSI in the hourly and 4-hour chart will likely have dropped below 30.00, indicating oversold conditions, meaning BTC may defend the psychological support level of $7,000.
On the higher side, only a daily close above the 10-day MA, currently seen at $8,111, would abort the bearish view.
Only a daily close above $8,644 (May 21 high) would signal a bearish-to-bullish trend change.
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mineko
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May 24, 2018, 10:31:39 AM
 #7

according to information bitcoin will rise again in 2019, and we do not worry about bitcoin whose price is currently low, tpi in 2019 will return to normal.
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May 24, 2018, 10:32:52 AM
 #8

everyone gets very anxious about bitcoin prices down to date, some say bicoin will go down, some say, bitcoin will go up, according to you, where is the right information
Everyone who are giving their words and speculations about bitcoin are "opinions".

My very opinion to what happened today, there's a massive selling order that are being done by the whales. So the most affected ones are us, who are holding and hoping that bitcoin will go back to the great price that it went through last December.

Don't listen to the negative opinions and speculations about bitcoin, being optimistic is fine at this rate.



 

 

 

 

 

 


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May 24, 2018, 10:37:31 AM
 #9

That's a part of bitcoin volatility in the market,we shouldn't have a negative thinking for this happened. Instead,we should put in our minds that the current price of bitcoin is only giving an opportunity,those investors to buy more now,while the price is down and when it comes grow up again they will earn more profits.
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May 24, 2018, 10:53:16 AM
 #10

Let us all believe in the volatile nature of Bitcoin. and see it as normal way it should be, looking at the chart you know it bound to happen ,except if we are deceiving ourselves . Some says it all because of fake news , well fake news does make market react too but our technical analysis control it all cos it base on mathematics .

So never be surprised if you see btc @4k.
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May 24, 2018, 11:00:20 AM
 #11

this is the uniqueness of cryptocurrency, unpredictable, but the prediction for now the bitcoin will fall again, then rise by itself.
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May 24, 2018, 11:03:48 AM
 #12

wait some days,
after some month later bitcoin will be rise...
~expert say
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May 24, 2018, 11:03:53 AM
 #13

I think BTC (and ALL cryto's) are going lower the next months...

There is no Hosana reason why BTC should rise soon, just don't see it.
Bitmain keeps selling there miners like toasters for prices so cheap.
People keep selling of there BTC and others to make ROI, but prices will be pushed down further.

Take in the manipulation from whales and banks (futures) and exchanges and the BTC price can only move one side.

DOWN. (below 3\4K)

Sorry to say, but I think it is getting real ugly the coming 4 months.
(And I think a lot of people keep saying it will be better, but it is not getting better for months now)
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May 24, 2018, 11:09:22 AM
 #14

You know we are in uncharted territory here today all what has happened in the past is completely irrelevant after 2017 the space has changed forever futures were not involved etc. etc. No one knows what will happen... I sure as hell hope we get another bull run though soon. Also I think maybe it rose way too fast and garnered too much attention crypto is not ready for mainstream adoption yet. Smiley
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May 24, 2018, 11:17:17 AM
 #15

Today, on 24th of May, the price of Bitcoin declined. Everyone is very worried about the bitcoin that Bitcoin will disappear. There is nothing to be worried about in my opinion, be patient, the price of Bitcoin must increase. We all know that it is never worth the price of a virtual currency market, its price is up-down. So now it is going down. In my opinion, it will increase prices in June / July.
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May 24, 2018, 01:10:31 PM
 #16

just another crash i suppose?  Shocked


It's not a crash, but the next opportunity to buy another bitcoin at a low price before going to the top. The collapse of bitcoin will not happen, because so many people, technicians and shops use it. As well as a large number of large investors, they will not sell to themselves at a loss.
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May 24, 2018, 01:12:28 PM
 #17

everyone gets very anxious about bitcoin prices down to date, some say bicoin will go down, some say, bitcoin will go up, according to you, where is the right information

as soon as the ponzi scheme promise "we are the currency of the future" continues to cease down,

bitcoin becomes an only risky asset, that is pushed by an online propagandistic community of bitcoin owners and bitcoin miners,

then investors that see it as a risky asset alone, which will lead to many dropping it,

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May 24, 2018, 01:15:22 PM
 #18

By every bitcoin pizza day the price of bitcoin used to increase, but this the the particular day passed few days back. There were nothing big on that day and just after those special days now the price has begun to fall down steep. Don't know what happens next, just having faith in its growth.
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May 24, 2018, 01:24:46 PM
 #19

For people who are in this market for less than 6 months, most likely now is scary. But for people who are on the market for more than one year, this is just a serious correction. Crypto currency is a long-term perspective and investment. Waiting bitcoin by the end of 2018 $ 35,000
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May 24, 2018, 01:30:47 PM
 #20

For people who are in this market for less than 6 months, most likely now is scary. But for people who are on the market for more than one year, this is just a serious correction. Crypto currency is a long-term perspective and investment. Waiting bitcoin by the end of 2018 $ 35,000
Well for those who witness bitcoin value a year back then its just easy to say that correction still ongoing, but like what you have said those who just came around later end of last year then its really traumatic for their investment, better to keep reading more and trace those charts to understand how things go inside this market.
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