Cryptocurrency market conditions.

[ishirut009]

Does anyone know the reason in these 2 days, why is the market experiencing a sharp decline. Will the red color continue, or only for a moment and then change to green. Give your honest opinion and knowledge. Let's discuss with a cool mind, waiting for positive news.
 Thank you.

No one really knows if the market will continue to decline right now for sure. But these last few spikes that the made the btc price goes higher than 13k$ is a very good sign that it can go really higher than the last all time high last year of 2018 jan.

[ityandsyn]

Does anyone know the reason in these 2 days, why is the market experiencing a sharp decline. Will the red color continue, or only for a moment and then change to green. Give your honest opinion and knowledge. Let's discuss with a cool mind, waiting for positive news.
 Thank you.

      For some reason that if there's an abrupt increase of price then in the following day is an adjustment or a correction of price that is why there's a little declined plus some bitcoin holders are going to dump their holding since it is already tripled their money on it .

[Nezerlan]

I think a lot of people that bought bitcoin at 10k in 2017 and didn't sell when it rose beyond that and dipped below that are the ones currently selling off

[NoirSuccubus]

Maybe someone sold his total hold of bitcoins, as sri.bima said. If that is the case, then the market will be stable soon. Otherwise, I think the BTC is losing it’s worth now with many investors, investing in others like IEO, which has been a very big game changer in the world, or others. BTC will recover but not as much as it was a lone warrior previously. I think if the market goes on like this than BTC will keep swinging among the 8k or 7k line and may even drop.
But I hope that’s not the case. As I have invested in BTC myself

[fzatni]

Does anyone know the reason in these 2 days, why is the market experiencing a sharp decline. Will the red color continue, or only for a moment and then change to green. Give your honest opinion and knowledge. Let's discuss with a cool mind, waiting for positive news.
 Thank you.

if we talk about the whole market going down it seems like the effect of the words of president america on the tweeter, but when talking about BTC it looks like it will drop to touch the price of $ 8000 in the next 1-2 months according to my technical analysis

[Bang El]

Does anyone know the reason in these 2 days, why is the market experiencing a sharp decline. Will the red color continue, or only for a moment and then change to green. Give your honest opinion and knowledge. Let's discuss with a cool mind, waiting for positive news.
 Thank you.

I think this is only temporary, in a few days later it will turn green, According to my analysis it might be the cause of the decline in most cryptocurrency coins due to some investors selling their cryptocurrency coins in fairly large amounts,And maybe within a few days it will stabilize again

[X-ray]

Does anyone know the reason in these 2 days, why is the market experiencing a sharp decline. Will the red color continue, or only for a moment and then change to green. Give your honest opinion and knowledge. Let's discuss with a cool mind, waiting for positive news.
 Thank you.

if we talk about the whole market going down it seems like the effect of the words of president america on the tweeter, but when talking about BTC it looks like it will drop to touch the price of $ 8000 in the next 1-2 months according to my technical analysis

Not only caused by a tweet that already created by trump but the congress has already made a big impact to the price of bitcoin at the same time. This looks so horrible to see the news about libra was affecting the price of the cryptocurrency in this time. Bitcoin gets another dump again.

[Tsubachuchu]

These may be the manipulation in the market like the whalers, but i think it only focuses on one coin, the story is different if the overall price in the market decreases it could be because the price of bitcoin goes down and a lot of negative feedback reguarding about crypto.

[Tsubachuchu]

These may be the manipulation in the market like the whalers, but i think it only focuses on one coin, the story is different if the overall price in the market decreases it could be because the price of bitcoin goes down and a lot of negative feedback regarding  crypto.

[cytpoway121]

Does anyone know the reason in these 2 days, why is the market experiencing a sharp decline. Will the red color continue, or only for a moment and then change to green. Give your honest opinion and knowledge. Let's discuss with a cool mind, waiting for positive news.
 Thank you.

I think the sudden bear run for the Past 2  days is as a result of president trumps  about bitcoin and crypto currency. It probably spread fuds and uncertainty to the weak hands.

But crypto currency is about fuds and fomo likewise bulls and bear

So dyor and choose a pattern to follow

[StatesManG]

I really don't know, but since after the U.S. President announcement and the U.S. Treasury chairman the market have been going sideways and many predictions so far but we are still yet to see a green market

[Piskeante]

noone has any idea here. Shame on ALL OF YOU.

Gonna give you numbers, so that you exit your ignorance on Crypto at least on ETH

The last support/resistance was at 225$. It went down really fast. so now, the next resistance is at 180$. Important traders are considering entering long in the 190$ range.But i will not enter on that level, since i think we have already seen 190 and there was not a big pull from bulls. We saw that value 16th July 2019 at 17:05 PM.In fact, there is almost no pull back. Not a pull back from support. So i discount market will wait to go near 180$ to push (if that happens).

I expect ETH to go near 180$. if it drops that support, then next one is around 150$ or even lower. If it holds above 180$ for at least 2 days more, we may see a small pump in prices. Buying now is a 50% probability to get max profit.

[CutePanda]

Well i think the sharp decline won’t last for a long time. Market is surely will climb up again especially for bitcoin. The reason why this was happened maybe because the law of supply and demand, maybe a lot of traders sold their bitcoin.

[setialovers]

Well i think the sharp decline won’t last for a long time. Market is surely will climb up again especially for bitcoin. The reason why this was happened maybe because the law of supply and demand, maybe a lot of traders sold their bitcoin.

Yesterday, the price of bitcoin fell and many speculated because of Trump's statement about bitcoin and cryptocurrency. But I'm sure the price of bitcoin will recover again and the altcoin price will follow. With Trump's statement yesterday, there will be great potential in the future

[michellee]

Well i think the sharp decline won’t last for a long time. Market is surely will climb up again especially for bitcoin. The reason why this was happened maybe because the law of supply and demand, maybe a lot of traders sold their bitcoin.

Yesterday, the price of bitcoin fell and many speculated because of Trump's statement about bitcoin and cryptocurrency. But I'm sure the price of bitcoin will recover again and the altcoin price will follow. With Trump's statement yesterday, there will be great potential in the future

Bitcoin price now starts to increase again after yesterday, and I hope it will going to break $10k soon. I am sure bitcoin can recover the price, and it will reach the highest price target although we need to wait for more. The Trump's statement make bitcoin price to go down, but I am not sure that is because of his tweet that pushes bitcoin price to fallen because I am sure that there is another reason that makes the price like that. But now, we see a green candle on many coins, so we have another chance to see the new price for each coin.

[forexandcryptoauditor]

When we see sudden rise that too sharp, it's obvious and expected to see some decline due to correction.
Overall situation still seems good as with next rise it will go higher than that of previous peak.
For traders, it's an excellent opportunity to ride.

[torrantz]

Well i think the sharp decline won’t last for a long time. Market is surely will climb up again especially for bitcoin. The reason why this was happened maybe because the law of supply and demand, maybe a lot of traders sold their bitcoin.

A good news already appeared and the market gives an instant response to the price. It looks like that the condition of the crypto market is not yet stable consider about it was giving a huge reaction to the any news that come from US.

[cak imin]

I think the ups and downs in the cryptocurrency market are normal nowadays and in my opinion today there are so many people who have joined this investment and the pope is very easy to make price changes

new people will be interested in market ethics in a good trend. in conditions like this and some negative sentiments some of the projects will be bad for bringing in new investments. now those who play are old people with capital turnover on the market.

[Bitcoin Seller]

Does anyone know the reason in these 2 days, why is the market experiencing a sharp decline. Will the red color continue, or only for a moment and then change to green. Give your honest opinion and knowledge. Let's discuss with a cool mind, waiting for positive news.
 Thank you.

We know that the cryptocurrency market can change at any time with several factors that influence it and for investors when the red market is when it's right to start buying more coins to invest. But of course they have observed and analyzed the coin before deciding to invest in it because if you only buy it without doing analysis, maybe what you get later is failure.

The cryptocurrency current market condition is even worth than the bearish trend. When bears come, it is at least clear that the time to hold or to invest in some good cryptos has also come. Now, everything is so vague! Traders are at a loss, and some of them cannot even decide which of the usual speculations can be profitable now. Suppose, it will last for a couple of months more.

[rodel caling]

Does anyone know the reason in these 2 days, why is the market experiencing a sharp decline. Will the red color continue, or only for a moment and then change to green. Give your honest opinion and knowledge. Let's discuss with a cool mind, waiting for positive news.
 Thank you.

Bitcoin market situation as of now is in good condition in my own opinion, well the reason of quick drops of bitcoin in the market few days ago is because of the president trump thought.
But don't worry about that is only a slightly effect from the industry he didn't say ban totally bitcoin or crypto in general must stay cool and relax I believe bitcoin is still stronger currency.