Why again the prices were falling?

[teramit]

Currently the price of bitcoin is at $7358 and it almost fell $1000 in 72 hours,I thought this price fall is just normal at the beginning but now little worrying because I bought few bitcoin when the price bump in the thought that bull run has started.Anyone know the reason why the prices were falling and when it will be on the upward track?

manipulator is trying to convince you that price is rising by some steep rises, because you and alot of people easily believes with that moves he do this every motnh even though we try to tell whats going on.Your answer is he realising profit from btcs that have sold to you. You collected btcs that he sold and now he sells them to others who believes price will going to rise. He will go as deep as he can so that people will be convinced that price is now falling so its time for btc collecting for him.Then he is going to sell that btcs when people convinced to a rising. Because everytime this tactic works and people like you convincable easily this will continue to judgement day.
You may change your line by listening true people but how you gonna find them ?

[batang_bitcoin]

Currently the price of bitcoin is at $7358 and it almost fell $1000 in 72 hours,I thought this price fall is just normal at the beginning but now little worrying because I bought few bitcoin when the price bump in the thought that bull run has started.Anyone know the reason why the prices were falling and when it will be on the upward track?

At what price you bought bitcoin? don't worry if the price is still dipping, it's either you hold or sell.

But I recommend that don't look at the prices for now because it will give you some doubts and worry.

Prices are normally fluctuating so yes if it rapidly goes down, it's normal and it rapidly goes up still normal.

[STT]

Its normal for markets to vary and Bitcoin is especially variable, right now its in a negative phase short term and overall I would say its in a period of consolidation where its trying to shake out as many sellers as possible, weak hands as they say.

All markets try to get rid of holders who have no use for the underlying commodity or currency, a bad price is presented and some will choose to sell.  That continues until supply is exhausted at whatever price, the sellers are labeling that market as too expensive ironically.  When no sellers remain, it can rise and I dont know where that point is exactly but it relys on demand exceeding supply to ignite that trend


The worst sellers will be those who borrow to hold BTC, they cannot afford to hold or take this risk of lower prices.  We probably still have those in the population, dont even consider going into debt to buy Bitcoin as the whole economy is structured to avoid the FIAT system of continual borrowing imo

[fitty]

Currently the price of bitcoin is at $7358 and it almost fell $1000 in 72 hours,I thought this price fall is just normal at the beginning but now little worrying because I bought few bitcoin when the price bump in the thought that bull run has started.Anyone know the reason why the prices were falling and when it will be on the upward track?

Its okay because this is only just a healthy correction and this test between support and resistance will make a huge difference in price that can reverse or back in the current market trend. I was not that so worried on before it goes up higher than 7k i already know it will go back to this point of dumping. Not a different situation but i'm hoping 6,800 will not broke down.

[Denies]

Currently the price of bitcoin is at $7358 and it almost fell $1000 in 72 hours,I thought this price fall is just normal at the beginning but now little worrying because I bought few bitcoin when the price bump in the thought that bull run has started.Anyone know the reason why the prices were falling and when it will be on the upward track?

I am not sure about the decline that happened again after bitcoin grew fast. but the fact that crypto observers say the market will take a long time to grow and stabilize, so it's likely that this year the pattern of decline will tend to dominate it.

[osasshem]

Currently the price of bitcoin is at $7358 and it almost fell $1000 in 72 hours,I thought this price fall is just normal at the beginning but now little worrying because I bought few bitcoin when the price bump in the thought that bull run has started.Anyone know the reason why the prices were falling and when it will be on the upward track?

Maybe the price corrections are not complete, cause I thought the bull run has started as at a 2 weeks ago, but now, its on a struggle with the deep again. There is still time for the rise to take place, cause anything is possible with bitcoin in less than a month. Let's wait for it.

[Tapyaks72]

Currently the price of bitcoin is at $7358 and it almost fell $1000 in 72 hours,I thought this price fall is just normal at the beginning but now little worrying because I bought few bitcoin when the price bump in the thought that bull run has started.Anyone know the reason why the prices were falling and when it will be on the upward track?

I am not sure about the decline that happened again after bitcoin grew fast. but the fact that crypto observers say the market will take a long time to grow and stabilize, so it's likely that this year the pattern of decline will tend to dominate it.

Bitcoin price will always dictated by the law of supply and demand the price suddenly dropped are the indications that the supply  becomes abundant of course the price will  drop but  the reason is maybe of some bad issues, as what been observed its either due to some hacking of some trading site or some government issues , the most important thing is to secure the system against hacker to boasts the confident of the investors.

[valentine401]

Currently the price of bitcoin is at $7358 and it almost fell $1000 in 72 hours,I thought this price fall is just normal at the beginning but now little worrying because I bought few bitcoin when the price bump in the thought that bull run has started.Anyone know the reason why the prices were falling and when it will be on the upward track?

Maybe the price corrections are not complete, cause I thought the bull run has started as at a 2 weeks ago, but now, its on a struggle with the deep again. There is still time for the rise to take place, cause anything is possible with bitcoin in less than a month. Let's wait for it.

In my own opinion, the status of the market today is not running a bullish statistics because the price is starting to grow again and it stops at $8.5k then go down at $7k again which is a sign of a normal volatile market.

[Ganbound]

I think this is a difficult year for cryptocurrency. we know that the price is really very far compared to 2017. well, even the assets that I hold also have a drastic decline, even more than 50%. well, so many causes of this happen, I just hope that this year will make crypto prices rise again.

It's been a rough year, but we still have chance to recover. Many ICO been releases that it makes investing, altcoins prices been too hard to managed and distinguished. Just secure some to spend for living. And pray for bitcoin recovery.

Yes currently its look that 2018 is not a good year in favour of bitcoin, but still 6 months are remaining in the 2018 and I think that it is a big time for bitcoin any thing can happen is next 6 months. I am hopeful that next 6 months will be a very good time for bitcoin and bitcoin price will hopefully come back to its previous high price.

[Findingnemo]

Now the prices fluctuating at the normal rate under 5% for a while so which is the actual price? So I made the mistake at the high prices that the actual one but I am just waiting for the upcoming ETF results maybe we can see another bump.

[krauzzer02]

People got fomo from the recent ETF news and it was now gone due to some updates about it, you should buy the bottom last time don't get too excited about the hype and fomo as you should always position yourself from the bear market and decrease situations, now it comes back and forth from $6.9k and 7k prices as the price should be before the ETF hype.

[Febo]

People got fomo from the recent ETF news and it was now gone due to some updates about it, you should buy the bottom last time don't get too excited about the hype and fomo as you should always position yourself from the bear market and decrease situations, now it comes back and forth from $6.9k and 7k prices as the price should be before the ETF hype.

Question is when bottom?  Some says it already happened few weeks ago. Some says it will only happen a year from now. I say that i smell it.. It is close now.

[Kidmat]

Now the prices fluctuating at the normal rate under 5% for a while so which is the actual price? So I made the mistake at the high prices that the actual one but I am just waiting for the upcoming ETF results maybe we can see another bump.

There are so many manipulation of the price in the market. Maybe there is a changes happen once the Etf results is good. Prices usually falling and up so expect this is occur always.

[Sherwood_Archer]

People got fomo from the recent ETF news and it was now gone due to some updates about it, you should buy the bottom last time don't get too excited about the hype and fomo as you should always position yourself from the bear market and decrease situations, now it comes back and forth from $6.9k and 7k prices as the price should be before the ETF hype.

Yeah that's a good point. There tends to be a bit of over-excitement about these things when it's least expected. And then we see absolutely no market reaction to other positive news, like the plans of Starbucks to start using crypto for themselves. It's very hard to predict anything with Bitcoin these days, and I'd just stop trying. The 6900 level is a pretty strong support technically, and that's about the only thing we know for sure at the moment. Maybe it'll hang out there for a few more days and then bounce up. Or not. We can't know until it happens.

[okala]

Bitcoin price is falling and that is why altcoins are also getting dump.  I think the demand for bitcoin is getting low daily and this is because of the sentimental issues. The supplies is also not helping matter because of the activities of whales .

[basty03]

Currently the price of bitcoin is at $7358 and it almost fell $1000 in 72 hours,I thought this price fall is just normal at the beginning but now little worrying because I bought few bitcoin when the price bump in the thought that bull run has started.Anyone know the reason why the prices were falling and when it will be on the upward track?

In this situation there's no new all are normal as before. There's so many things why bitcoin is dropping again and of the reason is manipulation and bad news recently. And I hope we surpassed this kind of situation.

[el kaka22]

Mostly because of FUD and people who are not patient. People want to see something from bitcoin, they get in on what they believe is a "dip" but when bitcoin doesn't move at all they end up getting bored of nothing happening and they leave. When they leave price goes lower and so that causes more people to leave and when they leave the price goes even lower. The only reason why bitcoin is not going higher is people not being patient. If we can see a slight going up like $8.5k or even a bit higher than we can see it going even bigger to $10k. All we need is a sudden spike like 10% or so and we can see 100% with that fuel.

[gabmen]

Currently the price of bitcoin is at $7358 and it almost fell $1000 in 72 hours,I thought this price fall is just normal at the beginning but now little worrying because I bought few bitcoin when the price bump in the thought that bull run has started.Anyone know the reason why the prices were falling and when it will be on the upward track?

In this situation there's no new all are normal as before. There's so many things why bitcoin is dropping again and of the reason is manipulation and bad news recently. And I hope we surpassed this kind of situation.

Well one little mistake there is thinking that it was a bull run. Though if you hold on to your coins til probablynthe end of the year, i think you'll still be in profit even if you bought around 8k. Just don't panic dude.

[STT]

A free market works to provide the lowest prices for pretty much any good, service or commodity and Bitcoin is definetly going to be provided as easily at the lowest cost the market can provide if its working properly that is.

Its not a negative if price falls on most things, Bitcoin being lower sometimes helps encourage usage is my view so long as the price is not overly volatile then it should help improve network population, traffic and usage options.
This really is the main thing to me that BTC is used and available at some price or level of demand vs supply.   People holding forever is a big negative imo and a price that always rises is also a negative I think, I believe actually in December 2017 we had massive volatility and it was a negative despite the higher price it was not useful to act like this.

Markets are quite ironic, dont take it all on face value and if possible judge a market over a whole year not how it benefits us just today but has it grown and improved in that year.  BTC is ok overall

[fitty]

Currently the price of bitcoin is at $7358 and it almost fell $1000 in 72 hours,I thought this price fall is just normal at the beginning but now little worrying because I bought few bitcoin when the price bump in the thought that bull run has started.Anyone know the reason why the prices were falling and when it will be on the upward track?

In this situation there's no new all are normal as before. There's so many things why bitcoin is dropping again and of the reason is manipulation and bad news recently. And I hope we surpassed this kind of situation.

Well one little mistake there is thinking that it was a bull run. Though if you hold on to your coins til probablynthe end of the year, i think you'll still be in profit even if you bought around 8k. Just don't panic dude.

Nothing is sure but you may help yourself deciding by having some good analysis or from some experts that you trust. If you bought at the low price just hold and add some if you have. A lesser risk for now because the price is already at the bottom if it will go lower it will not be that so much low, think long term.