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Author Topic: bitcoin going down every day  (Read 101 times)
Ararbermas
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June 27, 2018, 12:21:58 PM
 #21

why is Bitcoin moving down these days. Should we think its moving out of the market soon? pass out your veiws.
in my view this is just a temporary situation since the price goes down to 5k value last few days.  'cause it already made a small pump back to the final bottom price ( 6k ) which is more holders expecting a huge pump as well but unfortunately opposite happened,  but don't worry 'cause this fluctuation of price is just a correction again before it continue to surge , and for sure it will stay on this current value and will continue to climb on moth of july.


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June 27, 2018, 12:27:35 PM
 #22

why is Bitcoin moving down these days. Should we think its moving out of the market soon? pass out your veiws.
in my view this is just a temporary situation since the price goes down to 5k value last few days.  'cause it already made a small pump back to the final bottom price which is 6k. So perhaps this fluctuation of price again is just a correction before it continue to surge , so be prepared and put more patience instead of worrying about this fluctuation. 

To be honest, you can not know if $6000 is the bottom, unless you own some awesome magic crystal ball.
I wouldn't be surprised if we see attempts to push the price down to 5k and below. Even if it should be just for a few hours.
I also could imagine to range in the 5k areal for a few months, as big guys and institutions would be dumb not to take advantage of this market right now and accumulate as much coins as possible. They all know that in less than 2 years the daily supply of new coins gets cut in half again. So now is the time the will buy and suppress the price as long as possible.
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June 27, 2018, 12:57:30 PM
 #23

why is Bitcoin moving down these days. Should we think its moving out of the market soon? pass out your veiws.
It's a bearish market and few buy orders that makes the prices moving down. I think this will not last longer as we can see again more green in the coming days. Don't push your panic bottom it's not the end.
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