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Author Topic: Why bitcoin's price could crash soon by 20%?  (Read 239 times)
Divinespark
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January 27, 2020, 04:30:21 PM
 #21

Bitcoin prices can rise 20% or decrease 20% in just one day, and we cannot predict this. The current market is difficult to accurately predict, if you have experience in this market then you can predict its trend in the future. And now the price of bitcoin has increased by 5% in just a few hours and it continues to rise. If BTC is pumped in the coming days, I believe it will soon surpass 20% and reach $ 10,000

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cryptoangel
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January 28, 2020, 06:34:16 AM
 #22

Bitcoin prices can rise 20% or decrease 20% in just one day, and we cannot predict this. The current market is difficult to accurately predict, if you have experience in this market then you can predict its trend in the future. And now the price of bitcoin has increased by 5% in just a few hours and it continues to rise. If BTC is pumped in the coming days, I believe it will soon surpass 20% and reach $ 10,000
Most of the peoples are only expect the pump so majority of the peoples are not understand the BTC fluctuation. You are right again it will cross more the 10k USD soon, But it take sometime because BTC is a volatile cryptocurrency so anytime it will going to moon and some drop also possible on further days so continuous investors are never think about the rapid growth of Bitcoin.

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maydna
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January 28, 2020, 08:33:12 AM
 #23

Bitcoin prices can rise 20% or decrease 20% in just one day, and we cannot predict this. The current market is difficult to accurately predict, if you have experience in this market then you can predict its trend in the future. And now the price of bitcoin has increased by 5% in just a few hours and it continues to rise. If BTC is pumped in the coming days, I believe it will soon surpass 20% and reach $ 10,000
Most of the peoples are only expect the pump so majority of the peoples are not understand the BTC fluctuation. You are right again it will cross more the 10k USD soon, But it take sometime because BTC is a volatile cryptocurrency so anytime it will going to moon and some drop also possible on further days so continuous investors are never think about the rapid growth of Bitcoin.

Yes, it will soon reach more than $10k, but as you said, we need to patient to wait for that, and while we still have a chance to buy a low price of bitcoin, we need to use this time to buy more bitcoin. But I think we can use this time to sell some bitcoin and take the profit first before the bitcoin price adjusting the price, and get down again. And if we can wait for a while until the price is down, we can have the opportunity to buy bitcoin and have more bitcoin in our wallet.

And if bitcoin price could crash by 20%, that will be a good time to buy more bitcoin because we might not see the low price in the future. If we can get the bitcoin at that price, we can hold it for a long time until the price increase so high.
hendra147
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January 28, 2020, 11:02:27 AM
 #24

I read a website column the details on how could you projected market price of Bitcoin I don't think no one can projected the movement of the market price read accordingly..
This Eerie Fractal Shows Why Bitcoin’s Price Could Soon Crash By 20% https://www.newsbtc.com/2020/01/25/eerie-fractal-bitcoin-price-tumble-10-percent-maybe-more/

Since Bitcoin broken out downtrend rallying by 12% since the price 6400$ bottom registered in December. Although bullish price action have noted that the breakout is reminiscent. When after president xi jinping endorsement of blockchain sent Bitcoin 40% higher on October. And the Bitcoin price last year preceded a strong crash from 8700$ to 6400$ in a few weeks time, marking a drop of 27%.
Bitcoin price is very volatile that can change faster it is because of the popularity of the coin that more people buying so more demand and less of supply can change the market price more faster than ever.



news btc inconsistent in predictions, we can see this analisys
https://www.newsbtc.com/2020/01/27/bitcoin-bulls-aim-big-9500/

he says bitcoin can up to $9500 and at thats article he says bitcoin can be down 20%
i think we must do our own research before create opinion
Dart18
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January 28, 2020, 02:29:08 PM
 #25

A large possibility for that to happen.
Whenever it rallies up there is a certain point where it would go down again.
We just cannot tell the exact date of it but there will be.

We can predict it with its price but never with when the event will be.
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