Depressed volatility driving BTC price down?

[CryptoKing1992]

Bitcoin is trading at $6,407.53, down -4.79% from yesterday, wiping away the gains from the most recent steady recovery.
What's driving the bitcoin price down and what's the BTC price forecast?

Link: https://www.finstead.com/bite/bitcoin-depressed-volatility-june-22-2018

How do you think?

[iqlimasyadiqa]

Bitcoin is trading at $6,407.53, down -4.79% from yesterday, wiping away the gains from the most recent steady recovery.
What's driving the bitcoin price down and what's the BTC price forecast?

Link: https://www.finstead.com/bite/bitcoin-depressed-volatility-june-22-2018

How do you think?

This is a nightmare because the bitcoin prices simultaneously experience a very large decline. I had a tremendous panic and I think other people are also experiencing the same thing. try to count how many assets we have and this incident has lowered the assets we have in large numbers. I feel sad and I think when I sell it right now the condition could be worse. now I try to be patient and do emotional control, I always hope every time there will be a surprise and bitcoin prices show an increase.

[lekleklek]

I think there might be something to this. Low volatility has people bored and running for exits?

[Slow death]

Low volatility has people bored and running for exits?

Correct, this is the point where I posted in another thread, when the price stays stagnant for a long time, people get tired then they sell because they think prices will not go up. this always happens. So it's something we should get used to.

Bitcoin is trading at $6,407.53, down -4.79% from yesterday

today it fell even more, at that moment it is being traded at $6148... we are going to $5000

What's driving the bitcoin price down and what's the BTC price forecast?

Regulations are reducing demand. about price forecast, I think it will be possible until the end of the year to reach the $9000

[r32godzilla]

That's really shocking.Just now,we saw BTC price recovering guessing that big whales are going for a big bump.All of a sudden,its price has started to fall and it's just near to the bottom line of 6,000 dollars.

[sindikat]

Bitcoin is trading at $6,407.53, down -4.79% from yesterday, wiping away the gains from the most recent steady recovery.
What's driving the bitcoin price down and what's the BTC price forecast?

Link: https://www.finstead.com/bite/bitcoin-depressed-volatility-june-22-2018

How do you think?

This is a nightmare because the bitcoin prices simultaneously experience a very large decline. I had a tremendous panic and I think other people are also experiencing the same thing. try to count how many assets we have and this incident has lowered the assets we have in large numbers. I feel sad and I think when I sell it right now the condition could be worse. now I try to be patient and do emotional control, I always hope every time there will be a surprise and bitcoin prices show an increase.

It seems to me there is no sense to constantly monitor the behavior of prices. You have to decide for yourself what to do next with your savings. If you are determined to keep them for a long time then I recommend you to drop everything and go on vacation. This will save you nerves and you will not miss anything. Even after the start of recovery, bitcoin will still be very long to reach acceptable prices.

[jeffer8035]

always son hacker news that they steal in exchange house like that of south korea and also when they leave some whales that are a little bit of capitalization and depresses the market of the crypto and therefore the bitcoin I see a bitcoin for December 12000 and January 2019 14500 for there if we buy a long time we will earn a good profit 100% that seems to me very well

[Kprawn]

The old timers will tell you to keep your eyes on the long-term goals, because short term volatility means nothing. I bought

bitcoins when it was below $1000 and it dropped to below $400 and at the time most people ran for the hills, because they

thought it was the end of Bitcoin. The strong hands stayed in and we sold those coins for a 800%+ profit a year or two later.

Just ignore short term volatility.  

[heureca]

Bitcoin is trading at $6,407.53, down -4.79% from yesterday, wiping away the gains from the most recent steady recovery.
What's driving the bitcoin price down and what's the BTC price forecast?

Link: https://www.finstead.com/bite/bitcoin-depressed-volatility-june-22-2018

How do you think?

I think that market will be recovered. Yeah, market dump is so long. However, I do not see reasons for panic. Looks like whale are going to get cheap coins

[pawanjain]

The old timers will tell you to keep your eyes on the long-term goals, because short term volatility means nothing. I bought

bitcoins when it was below $1000 and it dropped to below $400 and at the time most people ran for the hills, because they

thought it was the end of Bitcoin. The strong hands stayed in and we sold those coins for a 800%+ profit a year or two later.

Just ignore short term volatility.  

You are the man with lots of confidence over Bitcoin. The community should have many people like. I myself am holding BTC from quite a few months despite the decline and I wish the others could have showed the same support as well. I believe if many start holding on to their investments then the price could go up soon. I think people are being tired of holding on to BTC and seeing no rise in the price. The late investors might be loosing hope on BTC and giving up that is why the price might be going down.

[mast3rm1nd]

we are not out of the bear market yet, so it's easier for price to go down than to go up. just relax this might take some time as it has in the past (2014-2015)

[fiulpro]

You know what we should do ?
Pick up the positive points from this issue and some of that includes as stated in the article you mentioned:-

It's still down from the previous year

Larger funds have been received as compared to 2017

Now considering these two factors I believe that nothing can stop it from exceeding the limit of 2017 that it gained .
We still should wait for the year's end to make any judgements about it.

[lekam0213]

It makes me go crazy, It was painful to see btc falling from a large value to its dropping period it affects also my holdings I am starting to panic about this price fall but I hope it will not last long.

[gghh111111]

Bitcoin topped out in the midst of the futures contract launches; this was a big step in the asset's maturation. There was tremendous speculation, and a sort of fear-of-missing-out trade sent prices skyrocketing too high, too quickly. The sell-off since then has wiped out most, if not all, of the over-enthusiasm.

I like to say that a bottom is a process, not a price. Now that the price and volatility have come back down to Earth, this bottoming process can begin. I see significant upside from here in the long-term.

[jefrystar]

I think different FUDs and price manipulators are responsible for this price fall. But, this is temporary. Don't panic as the price may recover within this year.

[cryptohopes]

This is really depressing. The price is going down gradually and there is no sign of recovery. This is taking it to go down further. I really think that the price will start increasing soon.

[Denker]

It makes me go crazy, It was painful to see btc falling from a large value to its dropping period it affects also my holdings I am starting to panic about this price fall but I hope it will not last long.

Well when you have a close look how fast we were moving up in Q4 last year, for the ones with a bit of experience it was obvious that this wouldn't be sustainable.
And as the market reversed, well the bears took advantage of it. A crypto is always tough. But it makes you harder against FUD and manipulation in the future. See this as a lesson now! And when the next bull run happens you may know where to take a bit of profit and you will be able to go through the bear cycle afterwards way more easier than today. There will probably a few up and down moves with wild swings in the future. The way to $100k+ isn't an easy one!

[DeadCoin]

This is really very disappointing, continusouly the price goes down. Day by day it would decrease, there is no signal of recovery. So many negative news and big whales are manipulating the market these are the reasons that marketbis still going down. But we know about bitcoin, so dont get panic. The market will recover soon, by the end of this year the price of bitcoin shows its strength.

[Proton2233]

This is really depressing. The price is going down gradually and there is no sign of recovery. This is taking it to go down further. I really think that the price will start increasing soon.

I do not want to upset you but it seems to me that the price of bitcoin will not recover soon. Most investors were ready for such a development. This does not mean that people are happy with the price reduction but for me, for example, there will be no great tragedy in the future price reduction. I'll be waiting.

[carol15171821]

I'm very upset in Bitcoin now, it so dip. I loose my money almost a half and thinking if when it goes up.