Btc price....what's happening?

[tosmartak]

Bitcoin price is no surprise to some of us expecting it to be like this. Since the beginning of the year, a lot of predictions gas been going on. Some says it will go to 20k, some says it will go 50k while some predicted that it will go below 6k. Right now, BTC has gone below 5k. We might stay at 4k for months before making any movement to the top.

That is usually the thing! When you have settled your mind already for something and you know exactly what you are doing, things like this will not bother you. The reason a lot of people are worried now and complaining is because this is new to them and they practically do not have an idea that markets can experience a downtrend and coupled with the promises of moon last year, joining FOMO and all that, I guess it is understandable.

But I feel now that they know that there are two phases to a market, the bears and the bulls, they should know better by now to be accumulating than to be getting worried, but as it is, it seems people find it a lot hard to actually learn.

Of course, the main reason why a lot of people tend to panic is because they keep approaching the market without a plan, without knowledge of how to even handle themselves in the market and all they do is to keep doing things blindly. Until they realize the need to learn and be able to use that knowledge to formulate a strategy and always develop a trading plan at every point in time, it will be a bit hard for them to know what they should be doing. What is happening now either as an investor or a trader is just a bearish market, but there is always a time to buy and a time to sell, which for now, is a time to be looking into buying.

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[Colan Zolo]

The price of bitcoin is indeed down and unstable so that many people get a surprise with every second, irregular heart exercises so we must be able to follow it without having to get sick and panic. Because of intrigue and want to drop so that bitcoin is affected and dropped, but this will definitely come back and peak again.

[milulilcov]

What caused so much drop in price for bitcoin in so short time, almost 3000 $ drop?

[aragom]

Bitcoin price already dropped out same with ethereum with other trader says that they loss for a huge funds for investing and trusting for bitcoin and other traders switch to XRP or ripple coins so it overtake top2 from ethereum.

yes indeed at this time bitcoin is dropping and falling dramatically even the price is not unexpectedly thought to be that low. I think the XRP coin has the potential to rise at the end of this year because it has shifted the ether from marketcap coins.

they are playing a big game.

they will make bitcoin 2000s. after that, they will collect btc from here. and they will seel again from 10ks.

[wongdeso]

There should be many who are collecting bitcoin right now because they see an affordable value, of course, there are many who survive by holding it, so it is difficult to obtain. Various assumptions about bitcoin but this still hopes that bitcoin continues to grow and has more valuable value.

[laurentiuboc]

Really don't know what to think, but yes is possible bitcoin will grow a lot next year.

[pieppiep]

Bitcoin prices fell due to the impact of hashrate wars that occurred against the stronghold of Jihan Wu and Rogers Ver, which resulted in the price of bitcoin falling, because they bitcoin prices fell this deep.

[makaulungulung]

be calm and dont panic, bitcoins is decreasing because of the low demand from people but once the demand for it rise again then bitcoin will surely hype up anytime soon now

[tabas]

Yesterday it was around $4,000 and now lost -$300 quickly. The whales are still pushing the price down so they can accumulate more. We need to be patient and see if the test is already done but if not, hold on. We are near to this whole year of bear market and after this we've got to be celebrating on how we are able to survive another bear trend.

[skylar]

Yesterday it was around $4,000 and now lost -$300 quickly. The whales are still pushing the price down so they can accumulate more. We need to be patient and see if the test is already done but if not, hold on. We are near to this whole year of bear market and after this we've got to be celebrating on how we are able to survive another bear trend.

The 4000 support are not strong enough to hold the price, maybe we will see btc price will be around 3500-3700 level at this week. To be honest I still wait & see how the market are gonna be by the end of this month, we all hope that the green will be coming at this field but let enjoy this for awhile.

[ngocdhbk2]

Bitcoin price is often fluctuating and always unstable at the end of year. It is normal when the price decreases sharply, but you should believe that the Bitcoin price will recover after this reduce.

[Apdax]

 it's possible bitcoin will grow a lot in 2020 i think

[xZork]

Price if bitcoin has consistently gone to the downward direction. And it is happening since form the beginning of this year. But according to the time, it's not the first when bitcoin has falling like this. As per the chart when BTC lose its value after that it comes with bounce back.

[batang_bitcoin]

it's possible bitcoin will grow a lot in 2020 i think

Don't skip the 2019, we're not yet there but you are moving forward to another year.

There are even more potential surprises that awaits us next year. Some big institutions announced that they will starting to get involved with crypto's so that's one big thing for next year.

[MarjorieZimmermanGinger]

Don't panic, even though this is difficult. this has happened several times this year. I think it's time to buy and give a positive response. because panic doesn't make the market better

what you convey is very true before investing in crypto currencies we must understand and understand all the risks that we will get in investing, the development of the market and the crypto currency in my opinion depends on the investor itself

[jakenun]

Is ETF approved for bitcoin? If yes is already starting exchange?

[Natan7]

Now the whole cryptocurrency including Bitcoin is going through very difficult times. I think that the beginning of growth will be in 2019

[tabas]

Yesterday it was around $4,000 and now lost -$300 quickly. The whales are still pushing the price down so they can accumulate more. We need to be patient and see if the test is already done but if not, hold on. We are near to this whole year of bear market and after this we've got to be celebrating on how we are able to survive another bear trend.

The 4000 support are not strong enough to hold the price, maybe we will see btc price will be around 3500-3700 level at this week. To be honest I still wait & see how the market are gonna be by the end of this month, we all hope that the green will be coming at this field but let enjoy this for awhile.

We do see it now that bitcoin is on that level. It excites me to think on what's going to be the end of this year. We do hope that this year will see some quick growth just like last year. It only take few weeks last year for bitcoin to reach $20,000. This won't happen but it can happen for the quick recovery.

[Visteryy]

Don't panic, even though this is difficult. this has happened several times this year. I think it's time to buy and give a positive response. because panic doesn't make the market better

what you convey is very true before investing in crypto currencies we must understand and understand all the risks that we will get in investing, the development of the market and the crypto currency in my opinion depends on the investor itself

I do not forget to feel the btc price up to $ 20000 which is when I am most satisfied with the digital money market we always expect that we always get a lot of profit from the market investment number

[Dragonrage201]

BTC is still in a correction alongwith the entire crypto market. It has happened to BTC many times in previous years too so hopefully it will recover and be at new highs in 2019.