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Author Topic: Why the Bitcoin is still down?  (Read 5116 times)
mbluxs
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May 08, 2019, 11:54:00 AM
 #401

I think you just need to wait some time. Over time, more people will start using Bitcoin and the price will rise naturally. Rapidly rising prices are unstable and most likely these are speculations.
this is not speculation but it has become a cryptocurrency trend and we have been waiting for it for several years it is still difficult to rise. we cannot predict it correctly, it's just following the current trend. usually crypto drops only momentarily and will later rise again, but nowadays what makes crypto difficult to rise.
Dilerium90
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May 08, 2019, 12:32:06 PM
 #402

Bitcoin is currently growing, but if we go to the google trend website, we will see that there is no interest and excitement around cryptocurrency and bitcoin. This means that a strong influx of new investments is not foreseen, which means that we should not expect any tremendous growth. It is quite possible another drop to $ 2500.

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May 08, 2019, 12:38:14 PM
 #403

Bitcoin is currently growing, but if we go to the google trend website, we will see that there is no interest and excitement around cryptocurrency and bitcoin. This means that a strong influx of new investments is not foreseen, which means that we should not expect any tremendous growth. It is quite possible another drop to $ 2500.

I wouldn't consider Google as a valid source that would say if there is any interest or not.
Google has banned and regulated words and topics that are cryptorelated so the ordinary people or the new investors would be possible to find information on that.
Apart from that, the price is growing already.
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May 08, 2019, 01:35:59 PM
 #404

If in my opinion, there are several ways to make the price of bitcoin become expensive again as it used to be even though opportunities like before were very small, for example by buying a lot of bitcoin and convincing some people to return to investing in bitcoin so that the price of bitcoin rose again

Bustart
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May 08, 2019, 02:30:36 PM
 #405

I think you just need to wait some time. Over time, more people will start using Bitcoin and the price will rise naturally. Rapidly rising prices are unstable and most likely these are speculations.
this is not speculation but it has become a cryptocurrency trend and we have been waiting for it for several years it is still difficult to rise. we cannot predict it correctly, it's just following the current trend. usually crypto drops only momentarily and will later rise again, but nowadays what makes crypto difficult to rise.
Fake news, lack of knowledge, lack of preparation and some other factors why Bitcoin is still down. There's no need to rush things out, market recovery takes time. It is still profitable, be patient, be aware that volatility has been its nature but that doesn't mean to say that it will continue to decline.

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n0ne
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May 08, 2019, 02:40:01 PM
 #406

In comparison to the early days of the ongoing year we have grown big. From the price close to $3000 we've now reached close to $6000 which is really a big growth. The second quarter is serving big in this year and expect the same to continue through the year giving big price at the end. If lucky the same might continue until the halving.

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May 08, 2019, 04:31:04 PM
 #407

The price is low because of the volume in the market. We should remember that the price is low compared with the bullrun and not to the value of BTC before the bullrun.
joshy23
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May 08, 2019, 04:39:29 PM
 #408

I think you just need to wait some time. Over time, more people will start using Bitcoin and the price will rise naturally. Rapidly rising prices are unstable and most likely these are speculations.
this is not speculation but it has become a cryptocurrency trend and we have been waiting for it for several years it is still difficult to rise. we cannot predict it correctly, it's just following the current trend. usually crypto drops only momentarily and will later rise again, but nowadays what makes crypto difficult to rise.
Fake news, lack of knowledge, lack of preparation and some other factors why Bitcoin is still down. There's no need to rush things out, market recovery takes time. It is still profitable, be patient, be aware that volatility has been its nature but that doesn't mean to say that it will continue to decline.
Believing with how you understand the current situation will bring more confidence upon you, the value is still down compared to the last ATH but it's trying to bounce from the last bottom late 2018, build more trust and keep your assets on hold and if possible buy more while waiting for the bull to be more strong again.
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May 09, 2019, 12:34:30 AM
 #409

The price of Bitcoin is practically not down yet considered by some investors as relatively low because Bitcoin is capable of surpassing its current market price to a more huge price. For about a month now, Bitcoin has shown gradual and progressive rise in price which have yielded some profit percentage for its investors. There are more green lights now as compared to the red lights on the market and this is a good sign of a healthy market.
Cherylstar86
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May 09, 2019, 04:19:09 AM
 #410

The price of Bitcoin is practically not down yet considered by some investors as relatively low because Bitcoin is capable of surpassing its current market price to a more huge price. For about a month now, Bitcoin has shown gradual and progressive rise in price which have yielded some profit percentage for its investors. There are more green lights now as compared to the red lights on the market and this is a good sign of a healthy market.
 Precisely, bitcoin has showing good sign that basis gradual pump and it is a leading way to speculate its bountiful outcome as it progression is rising accummulately.  The current market phase has already break the bear trend and it is an accurate vision to hit the desirable peak.
Kuchiyose
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May 09, 2019, 04:36:27 AM
 #411

The price of Bitcoin is practically not down yet considered by some investors as relatively low because Bitcoin is capable of surpassing its current market price to a more huge price. For about a month now, Bitcoin has shown gradual and progressive rise in price which have yielded some profit percentage for its investors. There are more green lights now as compared to the red lights on the market and this is a good sign of a healthy market.
 Precisely, bitcoin has showing good sign that basis gradual pump and it is a leading way to speculate its bountiful outcome as it progression is rising accummulately.  The current market phase has already break the bear trend and it is an accurate vision to hit the desirable peak.

Hopefully what is planned will be realized by increasing Bitcoin slowly. At the end of the year you might get a price like 2 years ago.
kumala_abi
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May 09, 2019, 04:57:10 AM
 #412

The price of Bitcoin is practically not down yet considered by some investors as relatively low because Bitcoin is capable of surpassing its current market price to a more huge price. For about a month now, Bitcoin has shown gradual and progressive rise in price which have yielded some profit percentage for its investors. There are more green lights now as compared to the red lights on the market and this is a good sign of a healthy market.
 Precisely, bitcoin has showing good sign that basis gradual pump and it is a leading way to speculate its bountiful outcome as it progression is rising accummulately.  The current market phase has already break the bear trend and it is an accurate vision to hit the desirable peak.

Hopefully what is planned will be realized by increasing Bitcoin slowly. At the end of the year you might get a price like 2 years ago.
bitcoin price now shows good movement.its increase slowly but sure.if bitcoin could survive this movement maybe it could hit around $8000 in near future.

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mornabo
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May 09, 2019, 05:25:51 AM
 #413

I think you just need to wait some time. Over time, more people will start using Bitcoin and the price will rise naturally. Rapidly rising prices are unstable and most likely these are speculations.
this is not speculation but it has become a cryptocurrency trend and we have been waiting for it for several years it is still difficult to rise. we cannot predict it correctly, it's just following the current trend. usually crypto drops only momentarily and will later rise again, but nowadays what makes crypto difficult to rise.
Thats the point, falling prices will not happen forever, prices occur in a momentarily. when the trend has changed and conditions allow, the price will definitely rise again. as at this time, when the bearish is over, the trend changes, market confidence increases, positive news arrives, the price will rise. The important thing is do not to worry about falling prices
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May 09, 2019, 02:48:47 PM
 #414

bitcoin looks to be improving now, whatever things affect the price increase in the past few weeks I think this shows a positive thing for the future both for investors and traders.

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May 09, 2019, 03:08:49 PM
 #415

I dont think bitcoin is still down and i guess this year will be the recovery of the market and next year will the start of  another bull run that will bring back everyones lost hope.

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May 09, 2019, 03:37:21 PM
 #416

I dont think bitcoin is still down and i guess this year will be the recovery of the market and next year will the start of  another bull run that will bring back everyones lost hope.
Currently we see a chart of the last 3 months the increase in bitcoin is actually almost 100% if we see no decline. if a correction occurs then it becomes a natural thing in my opinion, and that is common
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May 09, 2019, 11:39:39 PM
 #417

The price is low because of the volume in the market. We should remember that the price is low compared with the bullrun and not to the value of BTC before the bullrun.
But this volume is not going to remain the same for so many years because it always changes, when the price falls we will have to buy and when it gets high we will have to sell, but bitcoin is still down because it is bearish trend but don’t worry it will not take much long time for the market to recover, so wait it best answer in case of low price, market is will be high very soon.
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May 10, 2019, 04:12:35 AM
 #418

The situation on the price of bitcoin is now reverse and with its present price of $6200, we can say that the crypto market is back to uptrend again. What comes down must go up so the price downtrend will not stay long and it always followed by uptrend, it is a cycle that you can't detach from the cryptocyrrencies.

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May 10, 2019, 08:48:51 PM
 #419

Maybe for now it is very difficult to lift the price of bitcoin back to the top because now there are not as many bitcoin enthusiasts as before, but maybe there are several ways to lift bitcoin again by way of buying lots of bitcoins and saving them until the bitcoin price returns to its peak

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May 10, 2019, 09:05:22 PM
 #420

Maybe for now it is very difficult to lift the price of bitcoin back to the top because now there are not as many bitcoin enthusiasts as before, but maybe there are several ways to lift bitcoin again by way of buying lots of bitcoins and saving them until the bitcoin price returns to its peak
The last event was not because bitcoin enthusiast, that was because people followed hyped with no idea which make them feared at the end and simply dumped Bitcoin. I like today's bitcoin price as it shows its "real value" more than last two year. Value should come along with development or any progress, not hype.

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