Again BTC going down?

[alanfox]

The market itself is volatile, so price fluctuations in a fraction is likely to happen, but a legend like BTC is never fading away, and we all know it. Don't worry on minor ups and down, only time will show us the real benefits of investments. keep an eye, on weekly predictions and comparing it to the actual amount increased or made.

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[Gotomoon]

Currently btc is not going down price has the fluctuation happens in the market. It was already high and low from previous so we could understand bitcoin is really unpredictable. Let's see this year ends I think market will have it's growth.

[Shinpako09]

yes .. now bitcoin has decreased, which seems so long time when bitcoin can be worthwhile again. the average investor is buying bitcoin at the current time that will be prepared for the next harvest season. but now we can only wait and expect the price to recover quickly.

I think it's normal for cryptocurrency when the price is pumped or dropped, because this is the market and nobody predicts its value, all we can do is buy when the price is down and wait for the price to be pumped again, if the tone has the capital to invest

It is actually normal because that's how it really works. I just don't understand why they are so afraid even in a decrease of hundred of bucks. They know that's how price moved for how many years but still got panic for every fall.

[BitHodler]

But if a series of price down movement happens, these should be taken seriously. But I think this scenarío  will not happen for now. Actually, bitcoin price is now at 8K$ level, from its lowest dip which is 5.9K$. And I think this is a good sign that the market is recovering nowadays.

It's still possible to retest the $6000 mark in the coming months. Currently the growth in price seems to be related solely to the ETF decision next month. A negative decision will lead to a proper correction.

If the SEC decides to delay their decision, the price will go down a bit but it will recover later on and we'll see the same action happen in the run-up to the next deadline. After that they can delay it only 1 more time.

Either way, we for sure will know the outcome this year. If the market falls back in the short term I'll use it to buy myself as many coins as possible while I'm still dollar cost averaging every 14 or 28 days.

[batang_bitcoin]

You thought that it will go through $10,000? yes your thought is telling you correctly.  But you didn't specified on when it will come. Don't be disappointed that you haven't seen what you are asking but wait for it by the end of the year.

I'm not speculating that only $10,000 will be the price by the end but you have to be patient.

[_Legendary_]

This is reasonable because the user would need a fiat for the cost of living, when there is an increase then many users who sell so make the price down again, but I'm sure that the price soon rise.

[royalcrypt]

One could say we had a nice resistance line to be watching and looks like bulls are trying to break above. The good volume behind it on smaller time frames so let's see if bulls can get some follow through tonight.

[ajqjjj]

It is decentralised platform so Bitcoin price is uncontrollable Cryptocurrency. But price fluctuation is common for nowdays because Peoples are jump to anytime so it will be move up and down. All the investors are buying the Bitcoin again so it take sometime and it is one of the reliable platform so we don't worried about the Bitcoin future.

[dharnamonitor]

I am not expecting for a record breaking price in the end of the year because every year has its own difference. As of bitcoin's slight decreased I can't think of anything that caused it, maybe it's just a usual movement of a volatile market so don't be bothered and keep waiting.

[el kaka22]

I am not expecting for a record breaking price in the end of the year because every year has its own difference. As of bitcoin's slight decreased I can't think of anything that caused it, maybe it's just a usual movement of a volatile market so don't be bothered and keep waiting.

You may not expect a record higher price by this year end. But, there are plenty of chances for a new all time higher prices before this year end but which may not hold for while like what we have experienced in the fourth quarter of last year.

At points like this, anyone who is even considering on selling what they have been holding all these while is making a silly mistake and would even set such a person into a deeper level of emotion in the long run if the market even decides to pick up in the short term. What anyone should be looking forward to now, is to at least be buying more which would make them even more relaxed considering that when the market eventually picks up, they will really be swimming in huge profits.

[SummerHamster]

Yeah now it has decreased, but as u know price of bitcoin is unpredictable. It’s normal to fall for sometimes, hopefully it will increase again, just need to be patient. And u know price can not be just go straight up, need to pull back.

[bitbunnny]

A slight correction has happened in the last couple of days but now it's again over 8000$.
I would call this normal, fluctuation of Bitcoin price is something very usual having in mind volatility.
To my opinion the price will stay somwhere around current price with some corrections up or down. But I don't expect some biger dumps or pumps in the upcoming period.

[Barrycuda007]

Don’t make decisions in a single day. Market price can be change time to time. So just wait and hope for the best.

[Kurokyy]

No need to analyze the price in every minute or hour. Wait for some time to go on then you should think unless it’s just lead you to unnecessary thought. I hope the price will rise above 10k in the end of the year.

Analyzing the price every day or every minute is necessary if you are a daily trader in order to earn more profit so checking of prices is necessary depending on how you are earning your coins.

[Epimetheus]

yes .. now bitcoin has decreased, which seems so long time when bitcoin can be worthwhile again. the average investor is buying bitcoin at the current time that will be prepared for the next harvest season. but now we can only wait and expect the price to recover quickly.

Their are some reason behind this. First of all its transactions speed. It has very slow transactions speed. Transaction of one bitcoin take at least 24 hours. And Because of this its high transactions cost  and transaction time,many people drop their coin and this thing ultimately put negative effect on the price of bitcoin. Bitcoins irregular production and distribution also put some negative affects on its price. Bitcoin related to criminal activities and their user does not pay tax to their government because of this thing it ban in some country's and this thing also shows the negative effect on its price rate.

[XinXan]

No need to analyze the price in every minute or hour. Wait for some time to go on then you should think unless it’s just lead you to unnecessary thought. I hope the price will rise above 10k in the end of the year.

Analyzing the price every day or every minute is necessary if you are a daily trader in order to earn more profit so checking of prices is necessary depending on how you are earning your coins.

It sure is but this section is flooded with the same threads, every single day. Obviously Bitcoin is going to go up and down, it's Bitcoin! How can you not know that already. A 5% movement is nothing when it comes to cryptocurrencies, you have to look for 10% or more movements. Clearly Bitcoin is strong right now, at least short term, we might touch 10k again but you also have to remember that most of this recent bull strength was due to FUD, ETF's which might no happen for a few months.

[Gadhoh]

Yesterday we saw BTC was pumping. But again it is going down. Any news behind that? I thought it will break 10000$ around coming days. The BTC is the legend and can't think BTC will replace by other coins. What would be hope you guys the BTC price at the end of this year?

government regulation could trigger a decline in Bitcoin prices. Nevertheless, he stressed that it took time to devise an appropriate global regulatory framework

[rainezerr]

Yesterday we saw BTC was pumping. But again it is going down. Any news behind that? I thought it will break 10000$ around coming days. The BTC is the legend and can't think BTC will replace by other coins. What would be hope you guys the BTC price at the end of this year?

In my own opinion, the reason why the market price today is kind of bullish is due to the whales who are  just waiting for the price to dump before investing a huge amount.

[maxamus]

No need to analyze the price in every minute or hour. Wait for some time to go on then you should think unless it’s just lead you to unnecessary thought. I hope the price will rise above 10k in the end of the year.

Yes sometimes we think that we don't need to analyze each and every minutes but to be honest it is mandatory to monitor the market each and every moment if you are here to make profit.

[TomJ.Lawson]

yes I saw this news yesterday, it is really unfortunate condition but I hope you understand the process of this market, ups and downs of the rate is very normal here so if you wait for litter long I can ensure you that soon the prices will start to raise