cok_elat
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August 15, 2018, 03:56:32 PM |
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the general reason for the bearish bitcoin price is the greater number of bitcoin sales than the amount of the purchase, but for this time, the price decline seems to be affected by the delay in ETF implementation
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cetald
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August 15, 2018, 03:57:32 PM |
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The reason for the bearish of BTC is the absence of favorable news. New money does not enter the market. Many people are tired of this situation and they leave the market.
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Dig Bicks
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August 15, 2018, 03:58:29 PM |
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I think a lot of people have unrelistic expectations, people need to have more patience. You don‘t rich over night, most don‘t even get rich during one bull run. There is a good prediction about the next bull run in the altcoins/speculation section which makes a lot sense, bear markets just take a bit longer than people like.
You can get rich in a bear market as well if your willing to take short positions with leverage. Smart traders will make my money no matter what, they don't care which way the market goes.
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xuzukami
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August 16, 2018, 12:03:59 PM |
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In my opinion, the reason bitcoin decrease in recent years is due to the political situation in the world is more volatile. The biggest negative impact was the escalation of tensions between the two major powers, the United States and China, which led to the economies of many major economies. Corruption in exchange and trading creates great volatility in the stock market and the electronic money market.
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A Feeder
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August 16, 2018, 12:34:49 PM |
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There is no specific reason for that question and no one can accurately answer your question but bitcoin is a volatile cryptocurrency maybe it's because of whales manipulating or to the big players unloading their stash of coins will always crash the market.
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Legone
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August 16, 2018, 12:42:24 PM |
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I want know the exact reason for that
There are lots of factor that affecting or causing drop in cryptocurrencies price. One of this are due to investors panicking. Manipulation market corrections and FUD all play a part in this and this article will go over a few reasons why I think the markets have further to fall before the trend reverses.
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dangkhoasn
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August 16, 2018, 03:53:43 PM |
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I think bitcoin price reduction is due to ban from facebook and google. This is sad.
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carlisle1
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August 16, 2018, 03:58:37 PM |
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I want know the exact reason for that
Who told you that bitcoin is in bearish?don't you have access in market prices?look at this https://coinmarketcap.com/watchlist/So you could find rhat bitcoin is in domination now and altcoins is the most affected than this top one coin Somtimes of you don't have something good to say,better shut up your mouth
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Mrconnect
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August 16, 2018, 03:59:31 PM |
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Being that the Bitcoin is now being used as an investment avenue other than a payment system which it was initially created for, you can only expect various forces will come into the scene which will cause fluctuation in its value just like stocks like Oil, Gold, etc. there are many players in the cryptocurrency sphere who are constantly manipulating the crypto market in their favour. The price fall and rise actually favor the big players more than us small players so they have little or nothing to worry about. Moreso, the Bitcoin, and cryptocurrencies at large do not have a regulatory body so its all up in the air. I do hope that some form of regulation comes which will make cryptocurrencies more predictable like Oil, Gold, etc.
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royalfestus
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August 16, 2018, 04:02:24 PM |
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Is more about the trade volume. If you are checking the price,check the trade volume also, it a big factor for the slump. If you can understand why people dont purchase bitcoin as before then u can have the idea for the slump. It has declined massively. The good news should improve confidence in the traders but the other way. Not everything is caused by the ETF postponement.
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Harpawan
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August 16, 2018, 04:03:04 PM |
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absence of good news. New money does not enter the market. Many people are bored with this situation and they leave the market. Most of them are looking for safe assets.
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Siren
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August 17, 2018, 12:44:52 AM |
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I want know the exact reason for that
Who told you that bitcoin is in bearish?don't you have access in market prices?look at this https://coinmarketcap.com/watchlist/So you could find rhat bitcoin is in domination now and altcoins is the most affected than this top one coin Somtimes of you don't have something good to say,better shut up your mouth Well bitcoin is in bearish now but its more on alternative coins since bitcoin dominance grows hugely with more than 50% and altcoins are continuously dropping and some are almost dead so i agreed on your point but not the totality..maybe the coming ETF will answer all this concern as we are getting closer the end of month in which this will happening
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terrific
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August 17, 2018, 02:05:07 AM |
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the general reason for the bearish bitcoin price is the greater number of bitcoin sales than the amount of the purchase, but for this time, the price decline seems to be affected by the delay in ETF implementation
Many sells their bitcoin and that makes the demand lower but there's no appropriate reason for the bearish. We can say that this is the opposite reaction for the bullish market that we've been last December. But we don't know on how long it will stay.
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herrzinfakt
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August 17, 2018, 02:14:39 AM |
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It's mostly due to the people dumping when they think the prices is going to go down and lose all their initial investment. It's like more people sell means there is more of it and less demand and vice versa. Most coins go through these stages so don't worry.
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ASHANABEY
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August 17, 2018, 02:48:54 AM |
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Due to some but considerable negative effects happened in last period such as , Government restrictions against Bitcoin, Banning, Criminal activities using Bitcoin, Panic token holders and other false rumors that made ridicules accusations against Bitcoin
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Dico88
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August 17, 2018, 04:28:54 PM |
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All markets can be determined by demand. If Bitcoin falls then there must be fewer requests for purchases. In recent months, new investors have dropped a lot. I think this downward trend will continue for a long time. We hope for a miracle for the crypto market.
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adam1230
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August 17, 2018, 04:37:14 PM |
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ETF was a small reason. Usually bitcoin falls on hack news. When an exchange gets hacked hackers dump asap and this makes a bearish move for weeks. I remember the first MTgox news and Last korean exchange hack news all were same.
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KingBit.io
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August 17, 2018, 04:53:58 PM |
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Bitcoin was very quick and sharp. I believe it was a pricing manipulated by large players to make a profit, a consequence of investments when the price was much lower. Now, after such a high, an achievement for price adjustment is normal. Who bought high, have to be patient and wait
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Slow death
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Leading Crypto Sports Betting & Casino Platform
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August 17, 2018, 08:44:38 PM |
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Yamifoud
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August 17, 2018, 09:38:56 PM |
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I want know the exact reason for that
The dips happen today isn't new anymore, it will normally fluctuates as we aren't take control of the market trend. A lot of factors helping to behave like that and it looks like it is hardly to know what is really affecting it which cause a huge market decline.
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