Bitcoin Market is down.

[Sracedofwoman]

25-50K by dec they said. LOL.

With so many shorts, it’s really hard to believe it will reach $50k

They already shorted, that means they need to buy back some time in the future. So existing shorts are buy pressure and new shorts entering are sell pressure.

[1714182572]

1714182572

[Aponkye1]

this graph really gives me hope and the assurance of that bitcoin stands a high chance of increasing in value all over again. I am definitely not selling any asset in my cryptocurrency portfolio at a cheaper price.

[Angna27]

Hopefully before in this year bitcoin and other altcoins will recover, we need to spread good news about bitcoin or cryptocurrency, so people know what benefits if they invest in bitcoin or cryptocurrency specially in transaction payment mode.

[glorybtc]

Hopefully before in this year bitcoin and other altcoins will recover, we need to spread good news about bitcoin or cryptocurrency, so people know what benefits if they invest in bitcoin or cryptocurrency specially in transaction payment mode.

i hope so, but i think it will be very difficult to make sure about the benefits of crypto to others, and I think what we do has little influence on crypto because crypto users are very wide in this world

[guruge87]

Now BTC market is bearish, I hope this will bounce back soon and it will reach USD12000

[Ahimoth]

this graph really gives me hope and the assurance of that bitcoin stands a high chance of increasing in value all over again. I am definitely not selling any asset in my cryptocurrency portfolio at a cheaper price.

This has been the story all year long and community in here is not new to it. Well we can't deny the fact that the market is really down but the good news is that it keeps on developing. Sooner or later it will recover again so we must stay in here and help the system reach its level again. Even though it is down I'm just so glad that it is still alive.

[AliMan]

this graph really gives me hope and the assurance of that bitcoin stands a high chance of increasing in value all over again. I am definitely not selling any asset in my cryptocurrency portfolio at a cheaper price.

We all know this situation and we can't do anything but just to wait until it recovers. Well it's really bringing us trouble and making us real bad. All that we can do is just to stay in here and help the system to reach its safe haven. Let's keep in touch with bitcoin and don't leave it because time will come that it will rise again.

[Joannafarrell]

I think it is very normal to bitcoin to fluctuate its price to unexpected price. Many people really dumped tier bitcoins this year but I still believe that bitcoin will recover its price soon or before the end of the year. Let us all hope that it will reach again its ATH this coming December.

[Dangdingdongbray]

For me this is very sad, because bitcoin faces a very difficult challenge this year so that the price of bitcoin is lower than the price of bitcoin at the end of 2017. Nowadays bitcoin and ETH have experienced a number of decreases caused by bad news about bitcoin and reduced number of buyers in the market crypto.

[OcTA Bd]

Bitcoin market is down but that doesn't mean that it will remain like this all the time. Bitcoin is the best crypto currency among all which had already proved it's ability. It is also the most oldest one. Now the price of Bitcoin is low that's around 7000$. We all know that crypto currency is flactuating one. The price always goes up and down.
Today the price is low but that doesn't mean  that the price will be low like this all the time. To me the price will rise again. It's just the Matter of time.

[cryptofeel]

Te bitcoin being  down in 2018is not a new thing and is a direct result of the much hyped result and rapid climb it saw last year 2017. will the markets recover? yes, it will. When? No financial pundit or market pundit can exactly tell as the forces influencing its price continue to vary and also determined by other forces in themselves! Be calm, it will turn around again.

[iSparta]

I think that it was this year's last major correction of the course, connected with manipulative actions. Large bears understand that with each such correction, the level of confidence in bitcoin decreases, its overall capitalization and their income under manipulation decrease too. They will stop pressuring the price to increase capitalization and get more profit on this.

[Alex_Kidd]

This year has been horrible until now, and looks like it never ends, I don't really know what to expect, we could also face the end of the crypto world, every day it gets worse and worse.

[Kaznachej123]

This year has been a bit challenging for bitcoins as well as Ether to survive. Bitcoins are facing a quite low price now and also i think that most of the investors have taken their money off bitcoins.

Here is the graph showing us the price for bitcoins from 2009 to 2017


We all know that bitcoins really pumped a lot in 2017 but from the starting of 2018 bitcoins are low. A lot of FUD was been created and bitcoins really faced a lot of difficulties. Price for bitcoins at the starting of 2018 has been low similar to the year 2017.
I really hope that the price for bitcoins can again show us immense growth as it showed in 2017.

 Get ready for a predictable crypto pattern: in the coming months, we will see an increasing number of BTC maximalists tormenting “altcoin investors” for straying from the mother ship. BTC is the benchmark after all, the market beta of crypto, with most everything oscillating at a higher amplitude than $BTC

[aryaadikariyansyahsuwarto]

I think this year is a difficult time for bitcoin investors, they have made every effort to take advantage of investing here, but whatever the power, bitcoin is getting free and almost never returned as before ... All we can do is be patient ...

[Jupeter]

This year has been a bit challenging for bitcoins as well as Ether to survive. Bitcoins are facing a quite low price now and also i think that most of the investors have taken their money off bitcoins.

Here is the graph showing us the price for bitcoins from 2009 to 2017


We all know that bitcoins really pumped a lot in 2017 but from the starting of 2018 bitcoins are low. A lot of FUD was been created and bitcoins really faced a lot of difficulties. Price for bitcoins at the starting of 2018 has been low similar to the year 2017.
I really hope that the price for bitcoins can again show us immense growth as it showed in 2017.

A lot of investor of bitcoin is really frustrated now, and it is true that since the start of this year the value of bitcoin is low and i just remember that on the first 8months of this year the highest pumped of bitcoin is only $10k and after that it is continue to decreased it's value.

[crutu]

This year has been horrible until now, and looks like it never ends, I don't really know what to expect, we could also face the end of the crypto world, every day it gets worse and worse.

do not be too pessimistic in facing the current market situation, if we look at the development of market prices from year to year the value of crypto continues to experience growth even though there is always a pattern of decline in market prices, such events are natural because of the rise and fall of market prices based on demand and supply

[Cloak1]

It seems to me that the majority of people trading cryptocurrency have no understanding of the underlying technology, and they carry with them the same short sighted and impatient mindset that plagues amateur traders across all securities. As a result,  any sort of sharp downtrend with any security is enough to scare off the majority of traders into panic-sell mode. At a high level, this only contributes to the downtrend.

[Pejoh Asu]

This year is different from last year, too many coins and tokens have made the competition very tight so investors are confused, let alone a lot of scam projects that are always reported by the media so that the reputation of Crypto continues to deteriorate.

[ugr_erkn92]

A very high flying crypto market in 2017 was expected to face correction this year. During the drop, very good sales and buying opportunities have been realized. In the same way, i plan to profit with new opportunities.