Bitcoin is falling down. Is it the end for it?

[dimonstration]

It's not the end for BTC, the price will drop but not for long or too deep, many are waiting for it for the price to decreased so they can buy back, many may spread speculation and try to create news to discouraged others to buy or to make other sell. I'll be monitoring it throughly today to know  where point I can atleast buy some, I don't think bear market will be happening from these drop.

[Yamifoud]

The last few months of solid growth have instilled confidence that Bitcoin is unstoppable. Each time Bitcoin updated its maximum and even managed to get close to the $60,000 mark. However, then its price fell sharply in a few days and for many investors it came as a shock… for some reason.

Is it really the end of the Bitcoin rally or it’s just a pause before another storm? Let’s try to figure it out.

This is often to ask when there is a price correction. I understand that new investors usually ask this but for the fact that it happens several times, this dump seems to be normal in the market and we have nothing to worry about as Bitcoin price will recover after. What you gonna do is to have faith in Bitcoin and if you want to succeed and gain more, trust must be endured. That is how people survive in here and that they are willing to hold rather than panicking seeing those reds.

[cydrix]

The last few months of solid growth have instilled confidence that Bitcoin is unstoppable. Each time Bitcoin updated its maximum and even managed to get close to the $60,000 mark. However, then its price fell sharply in a few days and for many investors it came as a shock… for some reason.

Is it really the end of the Bitcoin rally or it’s just a pause before another storm? Let’s try to figure it out.

One thing I can say about that there is too much uncertain events on the market right now so that drop wave might come sooner that expected. It's normal for BITCOIN to drop every year it's like a routine of bitcoin or some may say normal drop and every time it drops too low then it slowly but surely rise from it's slumber and make a comeback every now and then.

[iTradeChips]

The last few months of solid growth have instilled confidence that Bitcoin is unstoppable. Each time Bitcoin updated its maximum and even managed to get close to the $60,000 mark. However, then its price fell sharply in a few days and for many investors it came as a shock… for some reason.

Is it really the end of the Bitcoin rally or it’s just a pause before another storm? Let’s try to figure it out.

Chill, bro. That is what I will say to those who panic. Long time investors and traders should already have known that these small corrections should not be a cause of concern. If Bitcoin was able to reach very high prices, then we expect that this will continue for the rest of the year and is a correction happened, surely another all time high will happen again in a matter of a few years. We have seen this before and we should be patient. Unless you are impatient then go ahead, sell.

[Naughty Princess]

The last few months of solid growth have instilled confidence that Bitcoin is unstoppable. Each time Bitcoin updated its maximum and even managed to get close to the $60,000 mark. However, then its price fell sharply in a few days and for many investors it came as a shock… for some reason.

Is it really the end of the Bitcoin rally or it’s just a pause before another storm? Let’s try to figure it out.

Think about it. Has BTC done this before - YES. Has there been a strong recovery -YES.

With such a strong rally of reaching a new ATH, seeing a small drop is only natural.

The growth is still on the way, and for those who believe in BTC would think this is a good opportunity to jump in and buy.

The point is that what we see today is normal and it's likely a sign of a strong rally.

I agree. It is not all the time hike, sometimes the price dump which an opportunity to other to invest and buy to join in the trend. There is always price fluctuation specially when the volume of the coin in the market has large changes.  Bitcoin will pump and dump the reason you have to be a good player and make predictions to gain from that situation.

[newwest]

Bitcoin always had a roller coaster ride and due to its volatility it is inevitable that some downfall will always happen in future as well. Only thing those fear in fall end up selling and those who see it as a opportunity buy and when it rises they make money from it. Their is no end of it as else it would no have lasted for more than a decade.

[Kittygalore]

Bitcoin always had a roller coaster ride and due to its volatility it is inevitable that some downfall will always happen in future as well. Only thing those fear in fall end up selling and those who see it as a opportunity buy and when it rises they make money from it. Their is no end of it as else it would no have lasted for more than a decade.

Agree, the fear is what makes some of the predictions about the market prices materialize into a real thing, I would say that if you have just bought your bitcoin and you are not satisfied with the profit when you sell and you are scared that you going to lose, I would probably advice you to hodl on it for longer time because this price drop is just a minor setback.

[arabspaceship123]

It's clear Bitcoin and cryptocurrency history is full of fluctuations, they're intricately linked. Bitcoin and other cryptocurrency isn't going to end just because their value appreciates and depreciates.

The last few months of solid growth have instilled confidence that Bitcoin is unstoppable. Each time Bitcoin updated its maximum and even managed to get close to the $60,000 mark. However, then its price fell sharply in a few days and for many investors it came as a shock… for some reason.

Is it really the end of the Bitcoin rally or it’s just a pause before another storm? Let’s try to figure it out.

[hulla]

The last few months of solid growth have instilled confidence that Bitcoin is unstoppable. Each time Bitcoin updated its maximum and even managed to get close to the $60,000 mark. However, then its price fell sharply in a few days and for many investors it came as a shock… for some reason.

Bitcoin reach $63K price before the dump and the dump in price of the Bitcoin market does not stop Bitcoin from be an unstoppable crypto if you understand the volatility aspect of the crypto currency market. But, I read that the arbitrage trader switching to gold was the reason for the last bloody market we experienced

Is it really the end of the Bitcoin rally or it’s just a pause before another storm? Let’s try to figure it out.

No one can tell if this is the end of the Bitcoin market rally but the crypto market still follow the previous rally market trend it will be December before we see the end of the market rally.

[UserU]

Of course this ain't the end yet. Whatever goes up, must go down. So, this is just another sharp correction or It could lead into a bear market. Nobody knows, but sure this isn't the end for Bitcoin.
We have seen Bitcoin growth almost 4 times since early in the 4th quarter in 2020. That has been a long 5 months of rally with such a huge increase.
$50,000 is a strong support. If Bitcoin won't go below that level, we aren't going to enter the bear market yet.

Some said the bear market might surface in May or a few months time.

But meh, I've my funds ready to buy the dip. Not gonna have those paper hands after seeing those success stories.

[fauzan123]

Bitcoin always had a roller coaster ride and due to its volatility it is inevitable that some downfall will always happen in future as well. Only thing those fear in fall end up selling and those who see it as a opportunity buy and when it rises they make money from it. Their is no end of it as else it would no have lasted for more than a decade.

I’m not scared by this,. It’s just providing a better entry point for those who want to invest mid-long term. I haven’t seen much [over-the-counter] or larger activity this week, though.

[bryant.coleman]

People need to understand that Bitcoin will not go up every day. There will be ups and downs, as the exchange rate is dependent upon the demand-supply equilibrium. There seems to be a supply crunch going on right now in the market, after few days of oversupply. Many of the mining farms in China are not operational due to power outage and this decreased the fresh supply of mined coins. These sort of fluctuations are common in Bitcoin market. Those who get upset with it needs to make their exit and use their fund to make investment elsewhere.

[bounceback]

This is a standard correction after bitcoin hit a new ATH this year, I think it's natural that the current bitcoin price fluctuates although it's not as aggressive as last year. So for now we cannot say that this is the end of bitcoin as currently bitcoin price is starting to slowly increase.

[sapnu]

Considering the good run bitcoin has made for the past months, it is too early to panic since bitcoin is just obviously making a correction after continuously increasing. People need to understand that bitcoin will always be at risk of going down each time, we cannot expect that it will stay on its current price or keep on increasing as time passes by caused that would make its volatility nonsense. Instead of making unnecessary actions just because you think the end of bitcoin is near, it would be best if you would start taking advantage of the moment and make up a plan while the value is currently going down so that when bull run occurs once again, you will surely benefit a lot from it.

[rjsolutions28]

Is it really the end of the Bitcoin rally or it’s just a pause before another storm? Let’s try to figure it out.
[/quote]

Highly unlikely.

Bitcoin is currently most popular crypto currency right now.

Although it doesn't have much of real life implementation or usage it's still a crypto contenders for future.

The community is active, it's technology is growing and improving at steady pace. Recent lightning implementation could give a push over its strength against new ico or competing coins.

The crypto space has got a lot of attraction from high profile investors and I recon there would be massive investments in research and further development in crypto currency space.

Bitcoin will definitely benefit from that. But if you are too worried, you can go a different route and invest in different coins. What i do is that I buy 60% in BTC, 30% in ETH, 10% in XRP. That way, it's not a total loss if ever that happens. I buy stocks at Netcoins.ca for they have cheaper rates and lower spreads.

[Pamadar]

Bitcoin always had a roller coaster ride and due to its volatility it is inevitable that some downfall will always happen in future as well. Only thing those fear in fall end up selling and those who see it as a opportunity buy and when it rises they make money from it. Their is no end of it as else it would no have lasted for more than a decade.

Those who understand the cycle always benefits from this kind of movement.

It's not always a raging bull that dominates this market, bear also share the scene, you need to figured it out in order to avoid  losing
your investment, you said it right those who fears this movement lose and those who knows and understand mostly gained and enjoy the advantages,.

[bisonnew]

no,Now is the beginning,In recent days, the trading volume of many DOGE exchanges has ahead of  BTC.BTC's market share is decreasing and its value will be revalued,It is in danger of being marginalized

[AniviaBtc]

It is normal for bitcoin to have a down trend or a red candle especially that it is volatile in the market.

Don't expect that bitcoin will only have an upward price because there's no such thing like that in the cryptocurrency market.

If the bitcoin price goes down, just be patient and perform fundamental skills to know what is the best and next step to do to become not so affected by that.

[dificanovi]

Experienced investors will not be shaken if the bitcoin price drops. investors always think positively about the price of bitcoin which will rise in the coming months. We can see that the price of bitcoin in 2018 has decreased very far so that many people think negatively about bitcoin, but at this time we can see the price of bitcoin which is very expensive compared to the price of bitcoin in 2018.

[Gheka]

It is normal for bitcoin to have a down trend or a red candle especially that it is volatile in the market.

Don't expect that bitcoin will only have an upward price because there's no such thing like that in the cryptocurrency market.

If the bitcoin price goes down, just be patient and perform fundamental skills to know what is the best and next step to do to become not so affected by that.

Yes, the downtrend is just a phase of liquidating the goods at high prices and creating panic for some investors because as a general theory, when we have no more accumulated goods to pump prices, profit taking is necessary but immediately, the market will re-trigger the buy back as soon as possible. However, buying back only happens when the price has certain resistance points but for bitcoin this year, resistance has been relatively strong, almost the price could return very soon as a testament to investor confidence in bitcoin