Why Bitcoin cointinue its down trend for a long long time this time ?

[DoublerHunter]

It is because the bear in the market are stronger than the bulls and a lot of people are believing that the price will continue to go down rather than going up so it means that they are believing that it is best to sell the cryptocurrencies that they own as soon as possible rather than holding them for long term because it doesn't make sense for them.

[brooklynian]

I have also been wondering why the persistent downtrend. Not because it is unusual but because I can't remember if I have witnessed such long downtrend in the past. I don't want to think there is a manipulation we don't know of. Several reasons have been given and yet I don't seem to get it.

[williamcastaneda]

We already know, not like previous years, This year bitcoin price didn't follow its normal market cycle. Crypto market is still not looking. What really happened to the crypto market this time?  Fiat money doesn't come to the Crypto market as expected? Why it happens so? what are the real reasons behind this situation?
At last time market pump, some people made good profits. We can see they enjoying their profit by traveling around the world and all. I think when they are done with their money They will come back to Crypto seeking profit again? So As you think, Is their arrival is a must for Bitcoin price goes up again?

they are lucky people can buy at low prices and sell at high prices and i believe they are happy with the risks and yeah they are lucky with this risk and i think they want to get lucky with crypto for the second time

[ethereumhunter]

maybe many people do not believe that bitcoin is strong enough to increase to the higher price, so they were selling their bitcoin to get their money back. besides that, when bitcoin price is trying to improve, the next day or the next week, there is bad news that will make people afraid to hold bitcoin for a longer time, so they sell their bitcoin again. but in the long-term, I am sure that the bitcoin price will start to rise again, and I am sure that the price can reach the highest price again.

[phieudieu]

So when btc it raises a long time to breaking through this record until the next time you ask why it goes up so fast, so investment is up then it has to come down, when it finishes its process Down to the rùi, it just started to go up that is called the price cycle of coin that will have to meet it!

[cryptjh]

The 3 big down trends in Bitcoins history lasted on average 315 days, so if this, the 4th also last around 315 day, then the next uptrend will start around October 2018, however on average also means this cut be later than October, for right now it looks like this down trends cut last well into 2019.
Uptrend’s in Bitcoins last longer than downtrends and always end pushing Bitcoins to new all time highs.
 I think the next uptrend’s will be like the last 4 and last around 600 days if the bull run starts in 2019 and even longer if the bull run starts in 2019

[Harah]

As we see the bears return the bitcoin to the market.I think this is the time to buy bitcoin because sooner bitcoin will up again.
And i think whales wants the price to down so that they can buy more bitcoin and if this just happen they can earn big profit when bull turns in the market.
Possible SEC will not approved th ETF.

[xuzukami]

In my opinion, is there any speculation here? Perhaps this is the main reason for the price of BTC continuously decreased in the past. In addition, the world economy and politics also impact on the Crypto market. In recent months, we have witnessed steady changes in this currency and many other Altcoins, causing many investors to be nervous, worried about the future.

[icaica22]

Bitcoin has experienced several periods in the history of its sharp decline followed by a prolonged winter of depressed prices. Considering the irrational excitement towards the end of last year, major corrections were needed. Stupid money throws money without understanding technology. The market has flooded these people. In principle the determination of the price of Bitcoin is the same as determining the price of oranges. There must be an agreement between the bid price (the price of the people selling Bitcoin) and the asking price (the person who bought Bitcoin). The difference is, Bitcoin and digital currencies are homogeneous. This means that one Bitcoin is identical to other Bitcoin.

[WilliamAnderson235]

I think Bitcoin is affected by rumors of the collapse of the cryptocurrency market. They made Bitcoin lose price continuously. But in recent weeks, the price of bitcoin has come back slowly and slowly. I think within 3 months, the value of Bitcoin will increase as quickly as they did in the last months of 2017.

[Sexie]

We already know, not like previous years, This year bitcoin price didn't follow its normal market cycle. Crypto market is still not looking. What really happened to the crypto market this time?  Fiat money doesn't come to the Crypto market as expected? Why it happens so? what are the real reasons behind this situation?
At last time market pump, some people made good profits. We can see they enjoying their profit by traveling around the world and all. I think when they are done with their money They will come back to Crypto seeking profit again? So As you think, Is their arrival is a must for Bitcoin price goes up again?

When everybody gets panic and everybody wants to sell their  bitcoin abrupt, that  is one reason why  the price  of bitcoin decreases. But I think when everybody will hold them ,that  Will the time  that  the price of Bitcoin goes UP  Especially   when big investors  want to have them so badly. As of now  the price is so Very low and this is the time to invest  only if anyone wants  to  sell their coins.

https://bigthink.com/reuben-jackson/bitcoin-101-everything-you-need-to-know-about-investing-buying-and-mining-digital-currency.amp

[Charmaine52]

Those who made a profit late last year again came back to reinvest in double the money that has made the market unstable. The main reason is the state, but we all know that big investors and traders will not be able to keep the bitcoin rate low continuously, and I think a big and big market reversal. will take place soon. I do not agree though about the bitcoin not following its normal cycle, it actually did