Bitcoin Prices are Back Burning

[ppifvtpu]

I think the revision of the bitcoin is over. Now, if you buy and keep your coins, you will be able to make profits. Of course, it takes a lot of courage to buy altcoin.

[solkinsolali]

Although I am not too sure why the prices have been increasing for the past few days, I believe the recent news about the South Koreans thinking of implementing electronic currency system may have supported Bitcoin too.

[untugede]

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?

the question may be very difficult to explain with certainty, decentralized bitcoins which each time can raise and lower prices, no one will know for sure the decline and increase, so many people say more and more people are investing in bitcoin, bitcoin will increase, and vice versa for example many people who sell their bitcoin, of course bitcoin will lower the price.

[Reid]

Now that is a new word for me. Back burning.  

I guess some investors just got banged their head to reality. Truth was revealed to them into where they should really invest.
Altcoins now are being too risky. You go buy ICO tokens and then suddenly they are dust when listed in an exchange.
Yes, before there was people who made a ton of money out of it. But with this lot of competition it is hard to say which will really get a real value.

[Vineeta2oct]

Now that is a new word for me. Back burning.  

I guess some investors just got banged their head to reality. Truth was revealed to them into where they should really invest.
Altcoins now are being too risky. You go buy ICO tokens and then suddenly they are dust when listed in an exchange.
Yes, before there was people who made a ton of money out of it. But with this lot of competition it is hard to say which will really get a real value.

Yeah, you are absolutely right. Most coins/tokens when gets listed on exchange, trade at 20% price of ICO and this is the case with 90% ICOs.

Plus big investors are always ready with their money to buy more bitcoin if prices decline and that's what happened. They started buying more which pumped the price.

[geminiboy]

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?

not two months but six months bitcoin is experiencing a falling price, various reasons are beginning to unfold with the current btc increase, but all are just unspecified spikulations

[Kprawn]

The thing is, there were a lot of people who thought that the SEC would approve the ETFs and this pushed up the price, but

now the reality kicked in, when the SEC denied the Winklevoss twins application. The direct impact of that decision, was a

decline in the price. Investors need some good news for them to invest more money into Bitcoin again and a approval of the

ETF, would have been the trigger for that. 

[sinta23]

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.

indeed we wait for the rise of bitcoin, and finally bitcoin can jump again the price, it's all because of our beliefs as well over the years. we must be sure and believe that the bitcoin will indeed jump high again. because it is not possible also if the bitcoin is down continuously.

[todiefor17]

I think this is just an excitement for the BTC market from the investors they want to change a bit of air. The price of BTC will fall sharply again which is likely to be back below 6k. I still can not see the whole market going up at current BTC prices. My opinion BTC will reduce again to boost the market going up later this year. I, like everyone who wants BTC will reach over 20k in the future, BTC will prove themselves again.

[kar3789]

Bitcoin price is pumped by few unknown peoples who are making money in this pump and dump game.
If we look at bitcoin prices increase and other altcoin reaction then we can clearly see that other altcoins not following bitcoin.

[Phlaser]

The more reason it's described as the king. No matter the troubles or challenges set before it, it will always rise again and again. Take it or not, Bitcoin and its technology has come to stay. Ride on with the party Bitcoin.

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?

[isaac_clarke22]

It was 8.2 previously. I might be too sensitive in looking at the current price but that's how I do sometimes when I am free. It is a stop signal for those who were excited to see their portfolio grow. It is still a time to let everybody in the train with their purchases of tickets. Price might either go under another correction or it will slowly continue to walk its journey now. We can't still put our hypes all up.

[dohh]

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?

Bouncing of a dead cat.

[syberwolfen]

I think the revision of the bitcoin is over. Now, if you buy and keep your coins, you will be able to make profits. Of course, it takes a lot of courage to buy altcoin.

Yes investing into altcoin is the list riskiest thing which one can do as it can either make you extremely rich or else leave you broke I would prefer but coin as the primary investment as I am familiar with bitcoin.

[mimienamphine]

Yes this is very true in the mist of btc/ETFs approval by SEC.Well we saw a little ups and downs in anticipation for the SEC decision on ETFs .Well,it was declined and price fell a little, slightly below the 80k since it reached this price for the first time after May.The price bounced back well very soon, proving that with or without ETFs ,cryptocurrency price will soar high.

[Yaunfitda]

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?

If you would just go and read about the news lately, the driver of this price increase is the CBOE- SolidX ETF application. The decision is due on Aug that's why FOMO got in really in anticipation of a possible approval. So a approval will open a lot of doors for many investors to pour their money into the market. And it was reported that there a good chance that SEC will approved it that's why the price has continued to rally up to the day of the decision. (Not sure though if its Aug 10 or 16).

[CryptoSpase]

For me it's a game of the Titans. Large investors simply play a course, while ordinary people do not exactly work on it. The course is now not affected by positive or negative news))

[Emmax]

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?

I think is because of the news from  ETF but today Current price is 8180$. We have really strong support at 7800$ and worse 7200$. First small resistance is around 8300$ (we will break it soon), next very important point is 8600-8800$, if we will able to break it, then probably in few weeks BTC will reach 10000$. From fundamentals site we have incoming ETF so i will not suprise if BTC will grow more.

[tunapa]

I believe the price can't continue to remain low or dip. Sometimes it will rise and rise , while it will reduce and reduce at some point. This is natural of cryptocurrency. Let's hope it continues as such.

[outsider25]

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.

What is ETF ?, I just heard