Why the Bitcoin is still down?

[boyptc]

Now, the price of Bitcoin is up and progressively increasing each time. Bitcoin has shown about 80% green light within this Q2 of the year and with this movement, it is likely to hit $10K by the end of Q2.

For this year it's 125%[1] increase. I'm excited to see that most of the prediction of bitcoin hit $10k by Q2.

[1] --> https://www.cnbc.com/2019/05/15/bitcoin-is-booming-but-one-expert-says-could-be-primed-for-a-pullback.html

[1715371787]

1715371787

[spike420211]

Just only one way how to make bitcoin raise up to higher price by looking which one country want to accept bitcoin as their payment, by this way I think bitcoin could be back to higher price again and could raised to higher price.

This will not be enough, we need a well-developed infrastructure, a sufficient number of services that will accept Bitcoin as a means of payment, as well as faster confirmation of transactions in the Bitcoin network.

[syamster]

Just only one way how to make bitcoin raise up to higher price by looking which one country want to accept bitcoin as their payment, by this way I think bitcoin could be back to higher price again and could raised to higher price.

This will not be enough, we need a well-developed infrastructure, a sufficient number of services that will accept Bitcoin as a means of payment, as well as faster confirmation of transactions in the Bitcoin network.

We have this well developed infrastructure but the problem, is some people are not accepting it and some are not agree to move with the time changes, we are in 2019 so now bitcoin is getting better with the passage of time, but I am hopeful about future that very soon bitcoin will be high again more acceptance is a sign of highly bright future.

[kodtycoon]

Just only one way how to make bitcoin raise up to higher price by looking which one country want to accept bitcoin as their payment, by this way I think bitcoin could be back to higher price again and could raised to higher price.

This will not be enough, we need a well-developed infrastructure, a sufficient number of services that will accept Bitcoin as a means of payment, as well as faster confirmation of transactions in the Bitcoin network.

We have this well developed infrastructure but the problem, is some people are not accepting it and some are not agree to move with the time changes, we are in 2019 so now bitcoin is getting better with the passage of time, but I am hopeful about future that very soon bitcoin will be high again more acceptance is a sign of highly bright future.

strong infrastructure can be built well with the adoption that must increase from year to year, so that bitcoin continues to gain good trust and of course if it continues to happen investors will always come and make the price of bitcoin has a high value over time, even though we also realize that corrections continue but that is a cycle that must happen in this industry

[Kimonoe]

easily, many sell bitcoin sequentially, causing prices to go down. and many factors cause the bitcoiner to sell it when prices fall. the most prominent is because of panic, fearing the price will decrease further

[haidil]

what is the another ways to lifted up the Value of bitcoins in the market?

I think to raise the value of bitcoin is that investors buy bitcoin, and bitcoin is used in terms of payments anywhere

[A L I E N]

easily, many sell bitcoin sequentially, causing prices to go down. and many factors cause the bitcoiner to sell it when prices fall. the most prominent is because of panic, fearing the price will decrease further

I think that the previous bull run and the bloodbath that followed it gave us a lesson. Now, people are scared to hold Bitcoin for long, when it jumps up. They are simply rushing to sell it, and the price of BTC falls.

[wxa7115]

Just only one way how to make bitcoin raise up to higher price by looking which one country want to accept bitcoin as their payment, by this way I think bitcoin could be back to higher price again and could raised to higher price.

This will not be enough, we need a well-developed infrastructure, a sufficient number of services that will accept Bitcoin as a means of payment, as well as faster confirmation of transactions in the Bitcoin network.

The structure is already there, you just need to look at the mining operations and how complex they are, the developers are already working in making confirmations way faster with the lightning network, however it is still in development and it will take some time until it is fully implemented but they are making great progress, and finally adoption, you cannot force people to adopt bitcoin but in my opinion more and more people are waking up to the fact that the economy is rigged against them and that only benefits the rich.

So when the next crisis strikes be attentive because while that will be bad for most people it could be what we need in order to reach the adoption that we are looking.

[boyptc]

I think that the previous bull run and the bloodbath that followed it gave us a lesson. Now, people are scared to hold Bitcoin for long, when it jumps up. They are simply rushing to sell it, and the price of BTC falls.

I don't think that the people are too scared to hold bitcoin for long.

What's the reality is that people are longing to hold more until the bull run comes back. And this only means that no one is willing to sell much bitcoin at any price range now.

[galundan9]

the market was still in a bad situation and there was still a lot of negative news about bitcoin and cryptocurrency so that investors or people who wanted to join became doubtful, because the market at that time needed investors with new funds to be able to increase the value of bitcoin on the market, we can see when there is a large enough new fund going into the market the situation changes a little and shows a slight increase but it doesn't last long and now the bullish market has come in the value of bitcoin and other coins have got a pretty high pump.

[Gibreil]

what is the another ways to lifted up the Value of bitcoins in the market?

If I just bought on that month even 500 dollars, I have already 1000 dollars in just three months. We do not know when bitcoin moves up or moves down. In fact, there is no perfect timing when entering and existing in cryptocurrency market. It is unpredictable.

[basty03]

what is the another ways to lifted up the Value of bitcoins in the market?

Bitcoin getting better the price so I think the price now is good, we don't need to be hurry  because it takes time to bitcoin to got a new highest price. Many things will happen and to be considered, many reason why bitcoin still in that kind of price. Let's be thankful because we see the price is getting better than before. The price of bitcoin is depending to the demand of every people who buy it.,so the price will goes up if many people invest to bitcoin.

[Bitcoin Smith]

Bitcoin getting better results in this year so we cannot this is staying in the lower position only right now the value underdevelopment is also getting better so you can get the better result for your investment in this year

[fauzan Ichsan]

Bitcoin getting better results in this year so we cannot this is staying in the lower position only right now the value underdevelopment is also getting better so you can get the better result for your investment in this year

the trend change that occurred earlier this year, raised investor confidence to re-invest. and if we see the growth of bitcoin has shown positive results. I hope this trend continues until the end of the year, even the following year

[bitbunnny]

I think that many have just too big expectations, they want too much too fast. It looks like everyone is unhappy if Bitcoin is not at 20000$ level. But price recovery doesn't function that way and price is determined by many factors. Trends can change very fast and market is not always in favour of users, that is something that ww have to have in mind. Be patient and don't expect impossible.

[bitcoin31]

What do you think op now? Market already rised but you're not here because you are the one of the user I think who leave the crypto world during the dumping days. People who choose to stay are brave because even their money is in danger they will still here to trust and believe to crypto that they have chance to rise and that's what happens right now to the market.

[Vaskiy]

Bitcoin getting better results in this year so we cannot this is staying in the lower position only right now the value underdevelopment is also getting better so you can get the better result for your investment in this year

the trend change that occurred earlier this year, raised investor confidence to re-invest. and if we see the growth of bitcoin has shown positive results. I hope this trend continues until the end of the year, even the following year

The trend transition took place from the month of April, some sudden increase took the price cross $5000 in a short and the price increase with good support stood above $5300. Following several price fluctuation within specific limits the price began to move gradually reaching $8000 by this month. Looking the way it has grown, the market trend will continue yet we cannot confirm as the market can change anytime without any indication.

[Bezobraznike]

I think that many have just too big expectations, they want too much too fast. It looks like everyone is unhappy if Bitcoin is not at 20000$ level. But price recovery doesn't function that way and price is determined by many factors. Trends can change very fast and market is not always in favour of users, that is something that ww have to have in mind. Be patient and don't expect impossible.

   You are right about people's impatient and desire of fast and easy enrichment.
   Bitcoin is still down just because of such people, they hurry to sell their founds on some higher price and to buy the same amount of coins back when the price go lower.
That's how many crypto holders earn money actually. If such greedy strategy will be continued we may never see 20000 $ ever again.

[breathlessz]

I think that many have just too big expectations, they want too much too fast. It looks like everyone is unhappy if Bitcoin is not at 20000$ level. But price recovery doesn't function that way and price is determined by many factors. Trends can change very fast and market is not always in favour of users, that is something that ww have to have in mind. Be patient and don't expect impossible.

   You are right about people's impatient and desire of fast and easy enrichment.
   Bitcoin is still down just because of such people, they hurry to sell their founds on some higher price and to buy the same amount of coins back when the price go lower.
That's how many crypto holders earn money actually. If such greedy strategy will be continued we may never see 20000 $ ever again.

besides patience to hold on to it, I think investor confidence must also be campaigned, so that price increases will be realized soon. Moreover, large company companies also contribute to using it, of course there will be a massive movement

[zee11225]

There are too many different reasons to cause Bitcoin price is still down. But simple investors like us can’t do anything to have an higher price. We have only small impacts on the crypto market. My basic solutions is to hodl until i see better prices.

Bitcoin has now risen, even reaching USD 8098 and I'm sure it can still rise higher, because there are still many positive signals about the use of crypto money. One of them is information that Facebook will make crypto coins, which means the recognition that crypto coins are very promising to be traded.
Then Facebook also received crypto advertisements that had previously been banned. This positive information is clearly a good sign because of the big impact on trust in crypto money.