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Author Topic: Until when does the price of crypto currency continue to fall?  (Read 251 times)
TheUltraElite
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October 10, 2018, 10:21:39 AM
 #61

Actually, the cryptocurrency market has no dip level. Which means each coin or tokens (even BTC or ETH) can drop until each one has 1 Satoshi or even less theoretically. But of course the theoric and the pratic are different and people will start to buy when they think the price is cheap or when the FOMO start.
Theoretically its possible to drop to that price but did you think of the amount of volume of coins that needs to be sold to attain that price? Considering all the wallets together its practically impossible to make them all dump at the same time.

Unfortunately, no one can really tell of when this bearish market will end that is why there is no one could really tell about the price movement too. For now there is nothing we can do but to continue to wait and see until this year will end while we are all relying on bullish predictions that hopefully it will happen soon.
Its not possible to say exactly when market will turn green but people are expecting some good stuff to happen this year end too that would pump the market. Lets not over-exaggerate this because with so much of panic going in the market it just takes a single spark to ignite the flame. Probably some whale is going to buy in at this dips to hold some coins and smaller fishes will follow suit.


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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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October 10, 2018, 10:37:47 AM
 #62

Nobody could tell when will the red market stop. The trend is now on-going and no one could tell until when it would go but one thing is for sure, it will stop, maybe not today or tomorrow but sooner or later the crypto will bounce back to gain what it already lose.

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