Bitcoin, the highest fall in the year 2018

[spartanrules]

Personally I think we will not see ATH update i this year. According to technical analysis bitcoin will be in flat till the end of this year. But also it will crash to $ 1200 - 3000. and will go back to current levels. In my opinion Bitcoin will update ATH only in the end of the next year and then will grow up till 2022.

[BitcoinTurk]

A depreciation of 600% is not uncommon, but there are a few things to keep in mind. We will look carefully at the graphical layouts that we have seen this year, and we will see similarities in the past years. I think there is a huge upsurge behind these declines, especially considering the declines in 2014. Bitcoin has been experiencing a serious rise compared to the current price with the current price and is testing serious resistance points. I think all these declines will be forgotten when the bull period comes.

[jhongzjhong]

Bitcoin prices have never been so low this year. Prices were down to 5,826.41$ (Jun 24 2018 16:04:00 UTC). Many advisers say that at the end of the year it will hit 30,000$. The market is seeing more than the fall from the price rise. Imagine when the speculation will end?

When speculation will end? I think we as a holder we could not deny the fact we can create our own prediction and speculation of what hapenning on the price in the market. Just hold on and never give up, hopefully by next month or in the last quarter month of the year and that was mostly speculators said. We don't have nothing to do just wait and have patience.

[maraclariss14]

predict the price of crypto currency using traditional means (technical analysis for example) is like trying to predict the weather with scissors. You have a devil with the wrong tool. The scissors are not designed for weather forecasting, there is no technical analysis for predicting the price of crypto currency. Therefore, 30 000 will be by the end of the year, 300 000 or 300 $ no one knows

Right, as the market is totally unpredictable as none of us can know what the future holds anyway, lol. One thing however is that whatever will be, we will all get to see it when the time comes. So far, there is nothing much to expect this year and it would just be like around 2014 where there could be a long term consolidation and accumulation after hitting the rock bottom.

All I know is that, the only thing we have is the trend and however it comes, we will be ready for it.

Im still hoping for the recovery of the price, However im not expecting anything for this year, the only thing I can do now is to find some alternative resource maybe buying some profitable alts, in case of the scenario im ready for the result of this year end prices and speculations, Im only a watching from a far to build a plan in overtaking the situation.

[Carterwyang]

i think that it is not going to drop more, i am more than confident in that bitcoin is going to recover in the next few months, before the end of the year

[Brunus]

Too difficult to make predictions: what we are seeing are only speculative movements, so we can only make bets...

[acheampong64]

Bitcoin prices have never been so low this year. Prices were down to 5,826.41$ (Jun 24 2018 16:04:00 UTC). Many advisers say that at the end of the year it will hit 30,000$. The market is seeing more than the fall from the price rise. Imagine when the speculation will end?

Speculations never end whenever it comes to market trading everywhere on this planet. Sometimes it works, sometimes it doesn't, but at the end those who truly believe in the crypto will enjoy because they had the patience

[LodisMcguire]

There are many different factor that affect bitcoin price and no one can predict the exact price in the future.The fall from 20k to 6k is understandable because there's no big improvement or good news regarding bitcoin development.I just hope that in the end of the year,the price will start to climb up again.

[Acsirp]

There are many different factor that affect bitcoin price and no one can predict the exact price in the future.The fall from 20k to 6k is understandable because there's no big improvement or good news regarding bitcoin development.I just hope that in the end of the year,the price will start to climb up again.

Yes that is true , we can not determined what really went wrong ,this current market downfall and it is already in the long span of time of downfall tbis 2018, but I really think that in the coming days this bear market might be resolve and the market will go back to its greenish form.

[Hatuferu]

There are many different factor that affect bitcoin price and no one can predict the exact price in the future.The fall from 20k to 6k is understandable because there's no big improvement or good news regarding bitcoin development.I just hope that in the end of the year,the price will start to climb up again.

Hopefully it will.Today's market price may not be a good sign for bitcoin but if we will just lost our hope easily,then we will end up losers only.So we should continue to expect more good things to happen for bitcoin,there are still lot of things to happen since we are still in the second quarter of this year.

[tabas]

i think that it is not going to drop more

We can't tell if it's not going to drop anymore. This market is very volatile and you can expect the unexpected so it's better to expect nothing or be contented and just follow the trend.

i am more than confident in that bitcoin is going to recover in the next few months, before the end of the year

$5,000 is the best buy price for everyone so if the trend starts to be on bull we'll see the end of the year wealthy than the past.

[Hazaki]

Bitcoin and cryptocurrencies in general are known for their volatility , and whoever was here for a long time has certainly experienced the roller coaster of fluctuations that we experience each week if not each day . Bitcoin was at 5800$ per coin this morning and it is sitting on a 6350$ on this moment which is an increase of 500$ in under 24h . In addition this isn't the biggest fall , the biggest fall was on 2011 when it was on 1k and dropped down to 200$ so this is certainly a bad fall but by far not the worst one .

[hajimasan]

Bitcoin prices have never been so low this year. Prices were down to 5,826.41$ (Jun 24 2018 16:04:00 UTC). Many advisers say that at the end of the year it will hit 30,000$. The market is seeing more than the fall from the price rise. Imagine when the speculation will end?

You are looking over the negative part of the bitcoin progress .
As we know that , from old data , price of bitcoin is rising 10 times per year , and also after all time high it is getting back down much also but overall net increase in the price we will see .
Here clearly to increase the price at value $22k+ per bitcoin was big thing for bitcoin because it was big amount of the bitcoin price and was not easy , but slowly slowly it get down to $6k , and I don't think that it is a type of dump because market of any coin depends upon the investors , if the investors will get out by selling Thier coin then surely they will market will dump .
And also a big factor here is that when price of btc was high then at that time everyone was hoping that if price get down then they will buy some fraction of bitcoin , but now if price is down then they are thinking that if price get high then they can make some earnings , here just a type of understanding revolve of the traders .
Change your mentilty to make earnings because if you have better understanding and knowledge then you can make profit in every circumstances .

[spyerf]

Are you now starting to doubt those predictions who are saying that bitcoin will reach $30,000 by the end of the year? There's more to come for this year and we're just half of it and we are starting to get into 3rd quarter and if there will be no action seen on that quarter, there is still the last hope which is the last quarter for this year. We are in part of the history where bitcoin has fall that much and if you do believe those predictions, there's nothing wrong with it as I do believe about $25,000-$30,000 by the end.

I always believe in bitcoin forecasts in the future that says it will be very good and I'm sure there will be an increase in bitcoin value as it did in the past year. but in my opinion too soon to touch that value.

[AjithBtc]

The price was in the peak, so the fall looked like a massive one. Else, this could have never taken place. The ongoing year is predicted to mark a big growth, but the predictions were outlawed. Now to the expectation the growth has got initiated, and probably the year end could might take us to the peak.

[Ghayoor]

Personally I think we will not see ATH update i this year. According to technical analysis bitcoin will be in flat till the end of this year. But also it will crash to $ 1200 - 3000. and will go back to current levels. In my opinion Bitcoin will update ATH only in the end of the next year and then will grow up till 2022.

i think there is no need to worry about any thing because its a digital currency  some time its price will go high and some time its price will down because its price is connected with market trade and i,m sure in coming month its price will go high.

[upsidedown75]

Are you now starting to doubt those predictions who are saying that bitcoin will reach $30,000 by the end of the year? There's more to come for this year and we're just half of it and we are starting to get into 3rd quarter and if there will be no action seen on that quarter, there is still the last hope which is the last quarter for this year. We are in part of the history where bitcoin has fall that much and if you do believe those predictions, there's nothing wrong with it as I do believe about $25,000-$30,000 by the end.

Maybe early next year but I do not really see much of that happening this year though. However, it is the market, nothing is predictable and even if we end up judging from the present moment, it does not mean things cannot change pretty fast. It is still hard to start predicting what the market holds for the future and looking at the fact that the bears are still in control and does not look like they are done, I would say the best thing would be to just chill and see how things will pan out.

[digitalman001]

Bitcoin is not the biggest loser. There are a lot of coins that have almost zero due to loopholes, and their value has shrunk by 99%, and there is more than one project.

[redsun114]

Bitcoin prices have never been so low this year. Prices were down to 5,826.41$ (Jun 24 2018 16:04:00 UTC). Many advisers say that at the end of the year it will hit 30,000$. The market is seeing more than the fall from the price rise. Imagine when the speculation will end?

If you are going to look at the past, most of the people or speculations are saying that bitcoins will go down and just die but still it managed to reach $19k dollar before the year ends so all we need today is just trust and belief.

I agree with you . I do not believe in bitcoin. But I believe in blockchain technology. And I believe this technology will thrive in the future. And it will pull the market up. Have faith and wait.

We are looking at the market and expecting for better future but the market is acting against and we are in the stage of not to search and check for the value anymore.

But this is the mentality and wrong perception of people now made in the current situations; they should remind the previous recoveries after downfalls. Similarly this time the value will recover and we will be standing in a favorable market soon.

[Romeotom]

Right bitcoin big failed start 2018 and always running,i see today bitcoin price something up and have been 6k$ plus. Bitcoin failed already longer time over now wait when going up.