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Author Topic: Bitcoin Prices are Back Burning  (Read 466 times)
outsider25 (OP)
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July 29, 2018, 06:33:47 AM
 #1

The most popular digital currency Bitcoin has faced tremendous pressure in the past two months because of its holder selling. The price continues to under US $ 6,000 / BTC. But in the last week the price of Bitcoin back heated up so that the price back rally through US $ 8.000 / BTC. Guess what makes bitcoin prices high again?
gobingo
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July 29, 2018, 08:17:27 AM
 #2

it is true that two months of this bitcoin price has decreased greatly and not long ago the price has increased again, and I think that price increase has something to do with the ETF.
First77
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July 29, 2018, 08:22:59 AM
 #3

There are some big buyers at $5000 or $6000. It looks Bitcoin is going back to $4800

with some 4,000,000 bitcoins bought before 2011, they most likely will be sold.
FedorIzmailov
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July 29, 2018, 08:52:51 AM
 #4

Bitcoin will increase the value in the future. Probably we should not expect him to go crazy rally by the end of the year, but 2019 will be again the year of bitcoin Wink
aoluain
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July 29, 2018, 09:03:16 AM
 #5

The most popular digital currency Bitcoin has faced tremendous pressure in the past two months because of its holder selling. The price continues to under US $ 6,000 / BTC. But in the last week the price of Bitcoin back heated up so that the price back rally through US $ 8.000 / BTC. Guess what makes bitcoin prices high again?

"Tremendous pressure" is a big accusation. This pressure was/is coming from impatient speculators.
When this, when that. We all lije to speculate but the level of expectation was getting overwhelming.


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July 29, 2018, 09:04:21 AM
 #6

Don't make the mistake to sell now... Price will go up in really few weeks, whales are ready to the next bullrun.
Gogochen
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July 29, 2018, 09:16:19 AM
 #7

I think it has something to do with ETF flows,The whole market is still in a very weak phase, so for now, if etfs can pass, it could bring huge amounts of money to the entire encrypted money market.

lobster88
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July 29, 2018, 09:25:23 AM
 #8

The most popular digital currency Bitcoin has faced tremendous pressure in the past two months because of its holder selling. The price continues to under US $ 6,000 / BTC. But in the last week the price of Bitcoin back heated up so that the price back rally through US $ 8.000 / BTC. Guess what makes bitcoin prices high again?
We cannot truly say that the price will keep rising because we all know here and aware how unstable the price of the Bitcoin in the market. But with this situation, the price of the Bitcoin is keep on going good, and for me, as a proud user of Bitcoin, I want the price to keep going high.
Dukjila
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July 29, 2018, 09:26:58 AM
 #9

The most popular digital currency Bitcoin has faced tremendous pressure in the past two months because of its holder selling. The price continues to under US $ 6,000 / BTC. But in the last week the price of Bitcoin back heated up so that the price back rally through US $ 8.000 / BTC. Guess what makes bitcoin prices high again?

Why guess, if i can accurately say that there will be a slight descent of 7-10%.
Zeddyn
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July 29, 2018, 09:49:21 AM
 #10

it's really true of what you say, and I feel all this because of the influence of news about ETFs, and this is a very good influence for the rise in bitcoin prices.
Bugatti73
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July 29, 2018, 09:55:54 AM
 #11

Dont think so, for that time the whole market is not very stable and it would be very riskly to invest nowadays.
Opera1p
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July 29, 2018, 11:46:51 AM
 #12

Bitcoin is just a thing that increase in rate and decrease in rate
So it is not advisable to sell ones bitcoin now... I will probably get increase with time
Sanjida
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July 29, 2018, 01:38:29 PM
 #13

I am not assured bitcoin prices are back burning.but I perhaps in the last week the price of bitcoin back heated up.if bitcoin price is high again I m so happy and this is a very good influence for the rise in bitcoin prices.
EmJay
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July 29, 2018, 01:48:44 PM
 #14

The most popular digital currency Bitcoin has faced tremendous pressure in the past two months because of its holder selling. The price continues to under US $ 6,000 / BTC. But in the last week the price of Bitcoin back heated up so that the price back rally through US $ 8.000 / BTC. Guess what makes bitcoin prices high again?

We are really waiting for this rise in the price of bitcoin and we all know that this is coming.The demand and the trust of the people plus a limited supply of bitcoin makes its price increase again. Ups  and downs is just normal  in btc world.
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July 29, 2018, 03:13:19 PM
 #15

I think this is because the news about ETFs yesterday that people believed would be successful and approved so everyone panicked buy because they think the price is still cheap and prices have gone up in the last few weeks

feelingfroggy
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July 29, 2018, 03:39:50 PM
 #16

The price jumped because you can only hold a balloon under water for so long.  Each day more air gets added to the balloon as new investors come aboard.  When Bitcoin starts rising it's going to be swift and fast. 

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July 29, 2018, 03:47:54 PM
 #17

I think the cause of the higher bitcoin prices is due to the end of the bear market, and there is currently no large-scale transactions at a time when prices are rising.
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July 29, 2018, 03:51:08 PM
 #18

The most popular digital currency Bitcoin has faced tremendous pressure in the past two months because of its holder selling. The price continues to under US $ 6,000 / BTC. But in the last week the price of Bitcoin back heated up so that the price back rally through US $ 8.000 / BTC. Guess what makes bitcoin prices high again?
increased bitcoin demand and growing investor interest and certainly a country that legalizes and admits bitcoin as a valid currency may be in my mind
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July 29, 2018, 04:04:42 PM
 #19

Supply and demand, I guess. Those positive news about countries and corporations embracing cryptocurrency must have gotten the attention of a lot of investors waiting on the wings. It’s $8,200 and rising... Smiley

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July 29, 2018, 04:14:19 PM
 #20

Yes, and it will boom in no time.
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