Why red again. It should slowly turn green

[1BTC EQUALS 1CAR]

90% of market participants need to lose 90% of their money for it to move back up again. just how it is

I don't agree with you bro. If they lose 90% of what they have then they probably have given up on that moment and leave crypto. The downfall happens but it does not need that most of what he have should also be in that process.

[airdrophunter]

It's red again because that how it's used to be. It's all natural scene when you are into cryptocurrency. Due to its market volatility, expect something like this to happen and even worse than these but just hold on. Don't sell off your crypto assets for all of these will just pass and better days are coming for cryptos.

[morozo]

90% of market participants need to lose 90% of their money for it to move back up again. just how it is

I don't agree with you bro. If they lose 90% of what they have then they probably have given up on that moment and leave crypto. The downfall happens but it does not need that most of what he have should also be in that process.

I also don‘t see how a market can comr back if 90% of the participants get completetly burned and walk away. Already I see more and more people leaving crypto or taking a break for a couple of months.

[reynilynedago]

Yes, we were all counting on that. But we cannot predict how the market behaves. A time when bitcoin soared to 15000$, shocked the investors and now when it is trading below 7000$, also comes as a shock to us. Also, I think with the advent of the altcoin flood, many have become day traders. They no longer believe in holding the coin rather believe in selling by the day end to make some immediate profits. I think that is also affecting the market.

[heynikkki]

Analyst: Bitcoin may drop to $5,500 before rising in Q3

Bitcoin's price was under unexpected downward pressure in May as Consensus 2018 did not generate enough enthusiasm for a bullish move. Analyst Willy Woo said that the virtual currency will rise only in Q3/Q4 2018. By then, the bitcoin price could drop to $5,500.

I don't believe to analytics but now it seems that it is possible that Bitcoin may go lower than $6000

[PancherBitCoin]

It's red again because that how it's used to be. It's all natural scene when you are into cryptocurrency. Due to its market volatility, expect something like this to happen and even worse than these but just hold on. Don't sell off your crypto assets for all of these will just pass and better days are coming for cryptos.

I also believe that the situation will change for the better, but the fact is that almost every time I live at the expense of crypto currency and therefore I always have to sell coins at not favorable prices.

[michellee]

It's red again because that how it's used to be. It's all natural scene when you are into cryptocurrency. Due to its market volatility, expect something like this to happen and even worse than these but just hold on. Don't sell off your crypto assets for all of these will just pass and better days are coming for cryptos.

but this time, the down is too deep and push bitcoin price to reach the real low price although today, the price is trying to increase this day. just prepare yourself for the worst thing that might happen later and make a good decision after you analyze the market. I am sure that we all here can survive in this conditions and we can get out from the red line zone.

[changcloy]

a lot of people wrote in the beginning of may it will be a good month. now the end of may and everything is red again. From which month can we expect a week of green?

Now it is june and everything is bloody , I always expect the growth or pump of bitcoin will be the month of december and january just like last year it hit $20,000 and I am hoping that it will be the same scenario again. KEEP all your faith and keep holding everyone.

[suzanne5223]

a lot of people wrote in the beginning of may it will be a good month. now the end of may and everything is red again. From which month can we expect a week of green?

Now it is june and everything is bloody , I always expect the growth or pump of bitcoin will be the month of december and january just like last year it hit $20,000 and I am hoping that it will be the same scenario again. KEEP all your faith and keep holding everyone.

I dont want you to have it in mind that bitcoin market usually bullish every Q1 of the year because early last year bullish was due to high bitcoin traffic and the bitcoin market suppose to be fair by now but the whales and those who will benefit whenever the market is red keep on manipulating the price.

[MGBloomz]

a lot of people wrote in the beginning of may it will be a good month. now the end of may and everything is red again. From which month can we expect a week of green?

Cryptocurrency is unpredictable you should only hopes that the price will go on your side to get you profits. It needs skills and knowledge to understand the market situation and minimize the risk factor on your investment. Today it seems the market is slowly turning green. I hope that this is now the beginning to see a bull run.

[spaso_87]

yes I hope so because I know now altcoin and bitcoin prices decline and the market was also red then why the market is still red, what because the bear market is still not over and because its market  has not been stable again

[pacifista]

a lot of people wrote in the beginning of may it will be a good month. now the end of may and everything is red again. From which month can we expect a week of green?

Those are only speculations and dont have any proof that last month will be start for bitcoin to recover but the opposite happens. Seems like this bearish market will continue this month of june hoping july second half of the year bulls will change the scenario.

[Tak bersalah]

This is something normal in the world of cryptocurrency and currently the market is red again but in the future it will recover again

[d3nz]

Expect a major bloodbath this coming weeks.

As far as i know a lot of events will happen this coming July - November so expect a huge impact of your investment and ROI. Better to HODL now than to lose the upcoming train.

[morozo]

Expect a major bloodbath this coming weeks.

As far as i know a lot of events will happen this coming July - November so expect a huge impact of your investment and ROI. Better to HODL now than to lose the upcoming train.

If you are certain a bloodbath is coming then why do you recommend to hodl instead of casing out orcat least move your positions into Thether? I guess You don‘t really believe your predictions

[morozo]

Yes, we were all counting on that. But we cannot predict how the market behaves. A time when bitcoin soared to 15000$, shocked the investors and now when it is trading below 7000$, also comes as a shock to us. Also, I think with the advent of the altcoin flood, many have become day traders. They no longer believe in holding the coin rather believe in selling by the day end to make some immediate profits. I think that is also affecting the market.

I made the same observation, I also think it‘s plausible that people turning into day traders instead hodl has affected the prices too, someone has to pay the price if others profit

[dragone]

a lot of people wrote in the beginning of may it will be a good month. now the end of may and everything is red again. From which month can we expect a week of green?

Now it is june and everything is bloody , I always expect the growth or pump of bitcoin will be the month of december and january just like last year it hit $20,000 and I am hoping that it will be the same scenario again. KEEP all your faith and keep holding everyone.

Well I see BTC 7300 this is not bad, cause now it costs 6800 or something. So that was just the beginning of the bloodbath.
Anyway whales controls all market I think and now they can do everything with BTC price, because everyone expected that BTC was going up 9th june and manipulators did huge dump and price went down more than 1000$ for one day.
So we need HOLD because we don't have other choice. Of course if you don't like to lose money.

[South Park]

The weekend was expected to be a bloody one after a decent and a green weekdays. Traders are involved in margin trading. So, they were expected to close their trades this weekend. But I don't expect Bitcoin to cross this $7200 support level for another dump. Price is expected to rise back again from here. Bitcoin has gotten a tough support at $7200.

for today a lot of information has been sounded about the current state of affairs in the crypto currency market and the state of the struggle between etherium and Bitcoin. Apparently, the expert predicts an increase in the capitalization of the etherium, compared to Bitcoin. And this will allow the etherium to bypass the main competitor. Perhaps because of this, the market will see a green color.

Bitcoin still is by far the biggest influencer in this market and just because ethereum grows a little bit faster that fact is not going to change, besides ethereum is simply too far away from bitcoin, the market cap of ethereum is 47 billion while the market cap of bitcoin is 108 billion so ethereum will need grow in a meteoric way just to reach bitcoin and its current market cap and this seems impossible with all the market currently being red.

[cryptokitty]

a lot of people wrote in the beginning of may it will be a good month. now the end of may and everything is red again. From which month can we expect a week of green?

There are different speculations and sometimes it is very hard to expect and you will find that what happened is different from what you expected.  I guess we will be seeing a green one on August this year.

[crazycatwoman03]

a lot of people wrote in the beginning of may it will be a good month. now the end of may and everything is red again. From which month can we expect a week of green?

There are different speculations and sometimes it is very hard to expect and you will find that what happened is different from what you expected.  I guess we will be seeing a green one on August this year.

Speculations are speculations and no matter how much we want these to come true, we can't control the outcome of the events in bitcoin industry. It is not wrong for us to make opinions and wishes that the price will continue to soar high but of course, I am sure that there is a feeling of disappointment when things didn't turn out the way you wanted it to be. We aim to see green always but I am afraid that it is not happening for this month, might as well continue holding and wait for the rise again.