Depressed volatility driving BTC price down?

[Dodoymabs]

It can't be avoided since people are different and there are who are very emotional and I think they are the one who seems to be affected. This is the world of cryptos were everything can possibly be happen.

[1714794459]

1714794459

[Altero]

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?

As we observed market volatility is so strong and makes market trend become unpredictable. But isn't the reason why market drops like that,  fuds and market manipulation by the whales seem to have a huge effect in the market prices. We cant stop them actually cause they have power and having a dominant investors in crypto.  It looks like  crypto movement's are now depending on whales plan.

[krauzzer02]

Not just depressed volatility but manipulation, hacking and Fuds that drives the price of the bitcoin down and now they are trying to spread that bitcoin will down to the bottom of $4k so if that was achieved what's next? $2k or $1k articles and posts explaining their speculation and analysis they are too greedy to bring the price of bitcoin down to the bottom just to accumulate more? then pump the price to create fomo.

[el kaka22]

I think this is the fact. The price is volatile but it is continuously and this has made the investors depressed enough and this is talking upon the market.

Any investor that is depressed right now apparently did not even take time to understand the market before even entering at all. The market is highly volatile and you really want to know how to make certain decisions before you end up panicking or depressed for no reason.

The market will not always keep moving up and for every reason, the downtrend was inevitable since nothing simply drove the price upward apart from speculation and manipulation but the market will recover at its own time, and rather than being worried, it is best to take advantage of accumulating at this dips.

[rickadone]

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?

What else is driving the price down asides the fact that we are in the bear trend and the possibility of seeing the market go lower is still there. There is nothing that we could say is going to cause some bullish momentum thus far and the recovery you guys keep mentioning is a bear flag with the bulls not doing much to follow it through until when they feel they have the momentum to do so. For now, we just have to live with what the market is giving thus far.

[Soots]

I think this is the fact. The price is volatile but it is continuously and this has made the investors depressed enough and this is talking upon the market.

Any investor that is depressed right now apparently did not even take time to understand the market before even entering at all. The market is highly volatile and you really want to know how to make certain decisions before you end up panicking or depressed for no reason.

The market will not always keep moving up and for every reason, the downtrend was inevitable since nothing simply drove the price upward apart from speculation and manipulation but the market will recover at its own time, and rather than being worried, it is best to take advantage of accumulating at this dips.

You're right mate, and just a matter of time as we patiently waited for the exaxt moment for the btc price to rise further, we must hold our btc. The manipulations could take place actually, but don't ever hold on that grip on bitcoin because eventually we'll be able to surpass this challenges. However to find the good opportunity while the dip was in, don't waste the chance but rather grab it for our better future with Bitcoin.

[coinluisa]

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 people now panicking because of this situation because instead bitcoin go up the price it still continues to go down. And I'm worried because of panicking of others there's possibility that the market will be have dumping.

[BitHodler]

For now, we just have to live with what the market is giving thus far.

That's perfect. I like the stability around the $6000 mark since it allows me and everyone else to start utilizing Bitcoin as currency, which is our main goal, right? At least that goes up for me. Bitcoin is a currency, don't forget that.

Stability and very low fees are more important than an increasing price. People complain about how the volatility and the high fees are a problem, but they don't do anything to use Bitcoin when everything works as it should.

Quick confirmations, stability, very low fees, is there more to wish for?

[DanyJr]

Thank you for the link. It is very shocking that the price is down. But I think this will rise up soon. I hope the market will recover within the end of this year.