Bitcoin Dropping Like Flies. Why?

[Oki 675]

2019 is indeed the year the price of bitcoin fell, this year it did not experience a significant increase. I think the decline was due to too much bitcoin supply and low demand. A decline is actually an opportunity to buy as much as possible to invest in the future.

[sinseoul 0]

It also fell again the following year because of the pandemic, it seems like there's been a panic selling. But it recovered right away after just some months. Also now, Bitcoin reached new heights and recorded a new all time high.

[Cleaner 2549]

On 10/25/2019 at 12:18 AM, Art said:

The price of Bitcoin falling to an all time low for this year. Does anyone know the reason for this downturn on the BTC?

The price of Bitcoin was very low last year.  However, the price of Bitcoin pumped up to 11K that year.  However, in the early 2020, Bitcoin dumped a lot.  And then Bitcoin pumps a lot.  Bitcoin's highest price this year was above 29K.  However, the price of Bitcoin goes down because the price of Bitcoin is corrected and the demand goes down

[Malikjnb 1235]

But now it's price is at the top of the years of 2020. Now it's price is at 29k. In my opinion in a few months it will reach at almost 50k. So I suggest you to invest in bitcoin and hold it for a few months I think you can get a good profit. I already invest in bitcoin.

[Serbberq 724]

Bitcoin have really dumps last year during the pandemic virus which moat economy system around the world is affected, but before the year ends the high coins in crypto market  have regain there level and still rising. 

[Quickbee 26]

Price rise and fall is part of a healthy market. There is no sense in the market just going only up. So after it had gone up it has reversed its trend. 

[abd1992 960]

On 10/24/2019 at 8:18 PM, Art said:

The price of Bitcoin falling to an all time low for this year. Does anyone know the reason for this downturn on the BTC?

The reason was that the global markets were completely affected by the Corona virus, the markets were devastated to a large extent, and many companies went bankrupt

[Faheem Akhtar304 915]

That happend just due to the crises of corona virus globally almost every field and market was disrupted.But with passage of time and fluidity of the markets now situation is much more stable than before even the price of btc has hit its record history price upto thirty five thousand now a days 

[abohasnn9 2401]

My dear friend, Bitcoin has a very large volatility, and it is very important that we do not invest this time or trade the Bitcoin currency at this time, but now Bitcoin is on a permanent rise and it is supported by Shirmat and Dol, and now its price is high, stable and stable at the same time Thank you

[Henri1111 120]

I think the market is selling a lot. And this is the main reason for the reduction in prices, but according to many, it is not right, but I would say this is the main reason.On the contrary, if there is a huge purchase, we will get a lot of profit. Let's keep an eye on the market for now. Then we can make a good amount of money so for now we are looking at the market

[Moon81 0]

It was at covid crises time when all the markets were closed no demand and supply of digital assets at all so all the coins along with btc fallen down like flies but with passage of time as market again opened now everything is setteled up the price is again increased to skies for btc as well as other assets in the market

[Choudhary umer 0]

My friend I want to tell you that the price of the Bitcoin is falling the cause of inflation I want to tell you that in these days the price of the Bitcoin is on its peak level and everyone want to sell his Bitcoin and there are so many buyers in the market

[MoralStories 1127]

the rise and The Fall of Bitcoin or any other market is common you should never worry about it that is the best time to make investments and buy and hold the currency which is dropping

[tobom 133]

Bitcoin is a currency whose value is constantly rising and falling. Usually it spikes suddenly and after enough investment is made, people know that their value will decrease again and they turn their money into cash immediately.

[Rubaba99 433]

Hey bro its 2021, Bitcoin is now ruling. Bitcoin is now the greatest cryptocurrency all over the world. Sometimes it's market price goes ups and down due to it's market demand but its getting higher day by day. There is a strong possibility in near future bitcoin will beat any currency.

[lari0695 13]

Bitcoin is bitcoin, its value too much to have such a speculative value, we must know that, so I think that when we find bitcoin at low prices are good opportunities to buy more bitcoin and hope that the value can rise greatly in price.

[abdullah553 1981]

On 10/24/2019 at 9:18 PM, Art said:

The price of Bitcoin falling to an all time low for this year. Does anyone know the reason for this downturn on the BTC?

Last year actually witnessed a big drop for Bitcoin and most of the cryptocurrencies due to the epidemic. The matter at that time was great, but today the currencies are really starting to recover.

[Guru2050 8284]

Declining effect of the top leading coin Bitcoin for a while may not be imperative reason for dropping the coin in your investment agenda, re selling the coin unplanned but a valuable chance for a member to accumulated at affordable price waiting for a better bullish turns of the market to make profit

[_maryspoppin_ 171]

Because it’s the cycle of life. Every market is cyclical. It rises up and goes down. And then again and again. It’s normal. And we shouldn’t be afraid of it as it’s inevitable. Like right now for example btc is at its peak and it will go down  eventually and then will go back up again. 

[selfmade 7]

On 1/24/2021 at 6:45 PM, ayaz23 said:

And now if you check you can see that nowadays it started out to fly and it can have drop or leap each day so don't get too emotional about every leap or drop

What we should focus on is which coin is best to invest at what time, to be careful with the news and analysis because in crypto things changes like dropping of files as well.

[cryptoman22 1026]

Personally I believe dear colleagues of this forum that the falls of bitcoin is a good time to buy for the simple reason that surely in the future it will increase its value therefore we will obtain very important gains
A big hello to the whole community and great profits

[Mark wood 2970]

At the time when you created topic might the value was dropping but at the current time the value of Bitcoin has rise too much we can see and it's going more Increase the value so I have experience that after some dumping Bitcoin pump again and more than the price which was before dumping..

[Obliv0n 333]

That is because bitcoin meets the same trends year after year, although there really should not be a historical minimum, since bitcoin started its way going pennies, that term is strange, but hey, everything ends in the same position, traders or whales have their seasons.

[Dorjoy12 8962]

2 hours ago, Mark wood said:

so I have experience that after some dumping Bitcoin pump again and more than the price which was before dumping

There has always  some specific  event for which crypto market up too much ..  And last year btc has many event and From  them bitcoin halving were the most recommended  event which lead the bitcoin bullrun then bearish.. And you know bitcoin pump  effect  on all the crypto coin..

[Alexbhatti 1492]

You must be gotten surprise if you would have seen today's price of Bitcoin that is reached to 35 thousands dollars. I would tell you that the price of any coins depends on it's demand and supply. When there is increased in sell of Bitcoin, the price begin to fall, and if the people increase the purchase of demand, it turns up the price of Bitcoin.