Bitcoin yesterday below 7800$ but again surged to 7920$ Is btc now down to 6700$ or again jumped to 9400$

[jamesvince 2389]

I keeps eyes on btc from last three days when btc was on 8900$ but only in few hours btc down to 8100$ and yesterday it was below 7800$ for few hours but again some recovery and now its price is round about 7900$ is now time to bull run again like January 2020 first week or down more to 6800$ or 6600$ . As my experience says 50% chance btc goes up from this point. 

[PiroSense 2681]

It's more likely to stay in that level, or worse even go down further. Though the market volatility is surely high, and the next move is always difficult to anticipate. What might be the best option is to hold your coins, or if you're up to the risk, even buy some more (because it's relatively low for what we have already been for 2020).

[Prince90 668]

Well the whole stock market is falling rapidly.  I don't the reason for this. But all the altcoins are also down these days. All of the acltcoins prices have seen huge downfall and so does bitcoin. Rightnow bitcoins price is fluctuating at $7800-8000.

[bliznec 22267]

Most likely, Bitcoin will not go up in price. This is peculiar, and it seems to me not to see a bullish mood. 

[BTC Future 3946]

7 hours ago, jamesvince said:

I keeps eyes on btc from last three days when btc was on 8900$ but only in few hours btc down to 8100$ and yesterday it was below 7800$ for few hours but again some recovery and now its price is round about 7900$ is now time to bull run again like January 2020 first week or down more to 6800$ or 6600$ . As my experience says 50% chance btc goes up from this point. 

What I noticed was this:

1) plustoken was moving their last 50,000BTC last month and senting them in exchanges. 

2) many funds in Bitcoin were highly speculative and didn't trust Bitcoin as store of value. These were probably 1% and these were the first to exit. They exited both stocks and crypto as they thought of Bitcoin as the same as stocks.

These funds were daily trading using bots in all exchanges. They've stopped their operations now and they exited.

This is actually a good think as now we can certainly break above certain resistence levels that they were creating.

3)Time to invest and hold for the next 2 years. Everytime Bitcoin goes down 20% we've been hearing doom and gloom. The best meme is "This time it's different". I've been hearing this since many years. It is not different. Bitcoin is not a hedge to diseases and can't be affected by them. It is decentralized and will keep running at least for as long as nothing better is found. It is rapidly developing and is in course with the final wave of adoption that we are predicting.

I'm closing with a statement you probably already know, from Warren Buffet. "Be greedy, when others are fearful".

 

[tienda 8776]

I think in these days and maybe until May Bitcoin price will be a high volatility is possible we will many go up and down in just hours, so is normal because the halving coming and maybe the Corona Virus affect that.

[bliznec 22267]

10 minutes ago, pxhungcntt09 said:

I didn't say that. But all the furniture is gone for days. Acltcoins and bitcoins are also experiencing sharp price declines. The exact bitcoins range from $ 7800 to $ 8,000. Expect a slippery route in a few months, check the daily list for updates.

If Bitcoin does not make a U-turn from the price of $ 8,300, then do not wait for a price increase. Most likely, this will occur in the range of 6,300 and up to 8,300 dollars.

[Migo 7946]

I think in the current time there is a hand behind this falling, because now he is 8035$ which is not so far from see it in 7k dollars space, in the current time it is not only bitcoin who is the victim but even the petroleum is a victim too, his price is under 40 dollars, which is really catastrophe 

[rekter 8129]

12 hours ago, jamesvince said:

I keeps eyes on btc from last three days when btc was on 8900$ but only in few hours btc down to 8100$ and yesterday it was below 7800$ for few hours but again some recovery and now its price is round about 7900$ is now time to bull run again like January 2020 first week or down more to 6800$ or 6600$ . As my experience says 50% chance btc goes up from this point. 

I am still bullish, even tho i didn't see this crash coming. There's lot's of strange price suppression happening, this isn't looking in any way normal, but a very controlled price chart.

[jekich.chan 1439]

Now this is due to events in the world, people have a panic. The dollar has changed its course, it has increased. This will now happen all the time, until the situation in the world becomes calm and people no longer panic

[cryptousd20 141]

This big fluctuation in bitcoin is the source of the strength of the division that will happen to him in the next month and now is an opportunity to buy bitcoin because it is very low in the market and there are big profits when it rises in the coming months

[nickoman987 1040]

This decline and again the rise was due to the crash of the stock markets, immediately there was a panic in the cryptocurrency market. Then again there was a crash, but already due to a drop in oil. Such a situation on the cryptocurrency market is common, it passes quickly. We can only wait.

[jacker 1095]

I know it's going down, this we can't stop and I'm not worried either, it's volatility is nature so far and altcoins are declining too. It will rise again soon

[Zaino34 0]

I’m watching the price this week. It is going up and down a little. It seems that it will now remain stable around 7000 to $ 8,000. After that, it may start to grow to reach its peak at the end of this year, but that remains only a prediction.

[bentayebsalah 2280]

Above all the giant Bitcoin gets sick and does not die and I think it was affected by the corona, but this crisis will be overcome and currently it is in constant decline
It is currently priced at $ 5360

[Jessica Karren 1242]

These huge variations in the price if Bitcoin shows us how unstable crypto market is now a days. I think these variations will continue until the Corona virus will not handled.

[jamesvince 2389]

On 3/17/2020 at 8:01 AM, Veniatrs said:

This month the price of bitcoin has indeed fallen dramatically, at the lowest rate of 5000 USD and now it has been raised at 5695 USD per BTC. There are several possibilities that affect the fall of bitcoin, one of which is due to the impact of the covid-19 virus.

Yes carona virus are badly effected to the economies of whole world still the whole world are confused and scared about one disease its name is carona virus. And so try to make some serious success for more information about crypto currency market. 

[iloveyobit 6599]

Yes, the collapse that occurred recently in the price of bitcoin was shocking to all traders, as well as non-traders, as no one expected that collapse to be so. I hope the price will return to a higher level.

[Opinder 1310]

I do not think it would reach above $9000 in this month. Economy is totally going down. And it would fall more in coming days. But we should not worry about it because after coronavirus market would grow dramatically.

[jamesvince 2389]

On 3/16/2020 at 6:17 PM, Tawhid03 said:

Bitcoin is good crypto currency.It price is not fixt so it is change every time.We know the virus is the main causes to dropped down the crypto price.

We all know that bitcoin is very volatile crypto market currency. And if btc goes ups and downs condition are badly effected to the whole crypto market specially altcoins are badly effected as a whole. I hope soon btc bearish trend will over. 

[Cammer 4609]

On 3/10/2020 at 4:48 AM, jamesvince said:

I keeps eyes on btc from last three days when btc was on 8900$ but only in few hours btc down to 8100$ and yesterday it was below 7800$ for few hours but again some recovery and now its price is round about 7900$ is now time to bull run again like January 2020 first week or down more to 6800$ or 6600$ . As my experience says 50% chance btc goes up from this point. 

It's because of the crisis that the world is going through now. Corona Virus have affected the crypto market in a very bad way. Good thing that Bitcoin is still holding on!

[Rezort 846]

On 06.04.2020 at 05:59, Rosaline149 said:

During the very high market volatility of Bitcoin, I suggest you to think more before making any investments in any cryptocurrency. If you want to get more profits being a long-term investor, buy more bitcoin when the price is cheap in the market. Price of Bitcoin might raise once again. 

Your advice about buying bitcoin when the price is cheap is very uncertain because nobody really knows when the price is on its low mark to buy.

[Ms.o 3322]

13 minutes ago, Rezort said:

Your advice about buying bitcoin when the price is cheap is very uncertain because nobody really knows when the price is on its low mark to buy.

True,we don't really know if the price are at its low,but we can use the price history to determine if its good to buy. There are no exact amount for the lowest price as market are volatile but comparing from the past price can atleast get to know if it is worth buying for.

Edited April 12, 2020 by Ms.o

[Saj555 2250]

This is possible actually. Because the price of the cryptocurrencies always goes ups and downs. And bitcoin price fluctuations  is usually a common thing now. The price is now approximately around 7k usd. But soon the price will go high and there is a chance of it. So the price was at 10k usd a month ago. So this is not an impossiblework if this happens.  

[BrolySSJ 7899]

The price of bitcoin should remain relatively constant over the next few weeks in my opinion, specially with the global economy. However, i think that there is potential for the price of bitcoin to shoot up to a good price in the next couple of months, especially with the halving even that is set to take place in May. Many of the sites now have countdowns to this event, and if the past is anything to go by, this generally results in a massive increase in the price of bitcoin.