The price of bitcoin drops significantly within hours

[Calvinpriva 17296]

I think bitcoin price is dropping when the market is in a high action, when traders are selling it, then price is going up and when they start selling it, price is going down because many people will buy it again so that they can trade it.

[scorpiali 5626]

On 10/23/2019 at 5:16 PM, bentayebsalah said:

The price of bitcoin drops significantly within hours
What is the reason for this decline in your opinion
Did anyone
Whales sell for example

You put this post in October and we are in now in March 2020 and we have the same situation with a big difference with world crisis and corona virus impact 

[Ali_hmwi 966]

Always whales are the reason for all this collapse all the time that's for sure

[LifeLine2k20 43]

Without a doubt, there may be many dilemmas along with the importance connected with bitcoin fell into decrease substantially. Although we can easily trust which the selling price boosts sometime soon in addition to most of us can advertise the item on high selling price.

[phizusiki 239]

On 2/5/2020 at 9:04 PM, palalu said:

why did you copy ashblinx's post? Is that your multiple accounts? I will report to admins if it happens again.

We can still make it. Also whales can manipulate but you can feel manipulation and profit. when the price will exceed the $ 10,000 threshold that everyone expects and I think it will be a blessing to all of us that there is hope to change in the near future.

[BrolySSJ 7899]

At the moment the price of bitcoin has once again dropped significantly to an all time low for this year. This is most likely due to the corona virus that is impacting the entire world and causing major economic strain. Hence the crash of the global market.

[iloveyobit 6599]

The release of Bitcoin is a normal thing, but the disturbing thing is the fear of traders in the market. At the moment when Bitcoin is lowered, they resort to selling their currencies, and this leads to the price of Bitcoin to descend more like the market.

[Rendra808 92]

A bitcoin zone is probably dynamic just as before around brief 2020 by way of the use of promoting expenses probable above a USD 10, 000 tolerance this clearly all and sundry probable, I suppose it's far your incredible element for anyone within the future there are desires for your transfer.

[phizusiki 239]

On 2/4/2020 at 5:23 PM, armor said:

This make it possible for you to make a good profits and it does happen the price will go backwards anytime

There are times when Bitcoin's decline is also affected by the amount of supply and demand occurring Bitcoin undergoes a temporary correction or enters a bearish market. If Bitcoin basically does not support what happens, Bitcoin goes sideways or down. It can lead to high profits, it can also bring you a big loss so while trading or investing in bitcoin, you need to be very careful with its price.

[BitcryptoHan 2557]

The recent price of bitcoin is not encouraging again as it has dropped below $7000. But the price will rise again as it always fluctuate. 

[phizusiki 239]

On 1/19/2020 at 4:46 PM, avatarkiyoshi said:

Those whales take a part of the volatile price. Like or not the whales is traders too, we can't blame and we can't stop them. Analyzing their movements is the best choice for making a profit.

Bitcoin is the most volatile currency on the market but due to some Bitcoin whales collapsed. This is completely possible for everyone, I think it's great that your future dreams have to be made for your switch.

[Brushless4500KV 4214]

The prices of any coin can fall in less than 24h. When lots of traders suddenly sell their coins, it is natural to see prices go down quickly. Some traders are very sensitive to news they read. If they read any negative news that creates anxiety, they think it is threatening their capitals. So, they react out of passion and emotion to convert their coins to fiat. This is a decision that is not made based on reasoning, it is done out of fear. The opposite of this situation can also happen in which traders will rush the market to buy certain coins that will lead to sudden price rise within a few hours. But bear in mind that with fast rise comes fast fall too.

[DokAgsikap 145]

On 4/18/2020 at 1:06 PM, Salauddin said:

If we analyze it well you can see that the price of Bitcoin is well above its range which can go down at any time but there is no right thing to say. There is nothing new about Bitcoin, many are expressing their views in many ways.

Nothing new yeah, we have seen bitcoin with this scenario for about a decade, and still bitcoin recovers its price and still kicking in the market .

[bitcoinb 1359]

1 hour ago, apealing said:

sure at the moment bitcoin rate isn't always stable

@apealing I am in cryptocurrencies since 204 and I can affirm one thing: When Bitcoin price lose +10%, it's the best moment to buy it because it will recover his price soon after that !

[Sugibengi 390]

In my opinion, a decline in bitcoin prices is a natural and common thing, price fluctuations often occur in bitcoin, so there is no need to worry because price increases can also be at any time, the point is don't panic if the price of bitcoin drops, it's better to hold on to the bitcoin you have. and wait for the price to rise again.

[AlexBerkut 51]

All cryptocurrencies are very volatile, including Bitcoin (although it is the most reliable of the cryptocurrencies). Therefore, in the event of sharp shocks in the market, deep drawdowns are possible. But the return to the previous rate is also happening quite quickly, relative to traditional instruments.

[Shaza Ahmad 1682]

The market is affected by news and politics in general, and previously every day we used to hear new news related to Corona and the American elections, and all of this affected the global markets for forex, gold, oil and the crypto market as well.

[Razan alikac 1899]

The price of Bitcoin is affected in many ways, as well as bears and whales playing a big role in the direction of the Bitcoin price up or down, and there are news, disasters, wars and emergency variables all of these cause the price of Bitcoin to fluctuate

[benalmoh88 1500]

Any currency that falls within hours or minutes and the currency market is affected by supply and demand, and economic factors can affect even whales have a role in its rise.

[Cryptotakl1 0]

It falls because there is purchase interested ,it is not a bad thing .it can be going up in minutes for the uncalled reason too keep thinking fresh mate ,we are on the same purpose .

[rahul12345 0]

No need to be bewildered when it decrease in a couple minutes for cryppto ,because that is how it work .this lead to the decrease of bitcoin in the previous days .keep thinking about new sppouse ,we live the similar internet .

[Malikjnb 1235]

I think now it's price is at high point. I saw a prediction in which I see in the end of 2021 bitcoin react at 50000$. I want to invest in it and wait a long time . Maybe I will take a good profit. I suggest you to invest in BTC for long time .

[Onden 2098]

The decline in bitcoin prices occurred due to too much supply on the market, was temporary and should recover in a few months. We can use this price fluctuation to buy bitcoin at a low price and sell it at the highest price. So no need to worry about bitcoin prices falling, stay calm and stop trading for a moment.

[Brushless4500KV 4214]

I bought the most expensive bitcoin ever a few minutes ago! I purchased BTC at $22.400 to start my new trade! I couldn't believe that one day I will buy BTC at such a high price but I did it! I believe only a few traders may have the courage to try what I did but as soon as I bought, it started to go higher. Since the faith in bitcoin has increased recently, starting trades in higher positions is easier than in the past. Since last month up to now, most drops had been small but jumps have been bigger.

[MARAMBEN 278]

The decline could be due to the whales as it could be due to the heavy selling of their currency by investors