Bitcoin drop in the cryptocurrency market

[Hala99 370]

The fact that bitcoin is currently going down doesn’t make me feel scared or afraid it just another opportunity for us to gain some coins .he is strong enough to make it to the top again 

[Zezo 306]

It was a huge drop, I think the spread of the Coruna virus is the cause as it affects all other markets

[BTC Future 3946]

It looks that the economic outlook of almost every country in the world will be horrible for Q1 and Q2. This is observable through the reaction of investors in the markets, that panic sold and sent prices in 4 year lows. We will witness recession and probably worse than the virus will be the outcome of the economies collapsing. There were many speculative investors that had assets in Bitcoin along with other investments, and they've pulled out now and entered the bonds markets which they consider to be safer. We are holding though and probably building momentum for another rise soon.

Edited August 12, 2020 by BTC Future
grammar mistake

[Shahud 1319]

we all know right now every mmarket is affected by corona virus.every price has been dropped to the least level.once all countries overcome on the issue of corona virus.every market will be getting stable 

[Zaino34 0]

This is true. The price of bitcoin and digital currencies has decreased a lot because of the Corona virus. Now, the price of bitcoin has begun to grow gradually and I think that the price will continue to rise.

[Jay800 1]

The BTC price has been down for quite some times now, over the past few weeks, the market price has changes above 4000dollars.  it has risen above 4000dollars waiting the past few days and is rising towards ..nowadays there is a little progress about the BTC positive influence in rise over other cryptocurrencies.

[BountyAirdrop 33]

The main cause of the recent drop is not far from COVID-19 and EHO declared the virus as pandemic. I have been at home is some days now studying KoinPro: the beginner-friendly contract that features limited risk and simple execution settings

[Michael0606 861]

At this moment, Bitcoin is in historical resistance, it is normally difficult to break it, but everything indicates that it will do so for now, it will rebound to 6,100, more or less, I do not recommend buying the purchase areas in 5,000, they have passed, remember that the news is misleading and  they just want to make you lose money.

[aymenmtar 1]

 

I think it's Normal compared to the global economic situation affected by the spread of the virus covid-19

Edited March 26, 2020 by aymenmtar

[Bruno52 1141]

I think the the cause of bitcoin's value falling is due to the downfall of the economy in these times because of the Corona virus and I think that it will rise again after this pandemic is over.

[Saj555 2250]

Actually a big fall has been seen already in the crypto market. The price of all the main currencies are in a half price now. The Bitcoin has fall a great loss. And as well as with it the ripple or litecoins or eth also. So the fall maybe due to the outbreak of Covid 19. And the analyst believe that maybe the market will be in its place as again as it was. So let's hope for the best. 

[Rezort 846]

On 05.04.2020 at 04:50, dshuy20 said:

It has been proved that corona virus or covid-19 not only affects human corona virus effect, bitcoin halving all are the reasons of the collapse.

Well, not only corona virus is affecting the price of bitcoin and the rest of cryptocurrency market but there is a lot of fake and bad information to get people panic.

[Jeet Narayan 1940]

At this time there's are very negative news on market . So it may not go very high price of bitcoin . It price may decrease in few days . Many traders are sale their coins . So bitcoin may go down.

[magd 5231]

The solution came today on the 29th of April when the price started to rise by a large percentage before reaching the half term, but I have some friends who are afraid of the sudden rise of a sudden decline, so I was following all the expectations of the famous sites and I think that there is no fear of a sharp drop.

[bitcoin-shark 1928]

there will never be a stable value for bitcoin as it will always have ups and downs in its evaluations often its value will be influenced by the various news that come out on crypto...

[Honny143 13612]

Yes bro unfortunately a virus destroyed all crypto market and continuesly bitcoin prices fail down and touch low prices, but how sudden bitcoin prices fail now also bitcoin prices increase continuesly and touch 8000+$ dollars in few daydays gap,

[imr 43]

In my opinion, now prices have fallen and prices have fallen. The market is bad now but it needs to be invested in the good ones, because it's the right time to buy bitcoins and hold them until the price rises again so you can sell it for profit.  It is completely because of the Corona virus thing. Markets all over the worlds are crushing down.

 

 

[Captain Karim 0]

Bitcoin affects all cryptocurrencies, there is not a single cryptocurrency that moves without being associated with the case of bitcoin. Therefore, when bitcoin collapsed, all cryptocurrencies collapsed with it, and this gives us a frightening view of the future because the whole market is based on one currency, which is bitcoin.

[Brand1 1336]

The currency rates started to decline in a way that no one expected since the beginning of this year and the reason for the decline was the Corona virus, which has spread throughout the world. Fortunately, the price began to improve well and reached $ 9,000 recently and it is likely that it will continue to rise until the end of this year.

[CryptoLover21 0]

Yes bitcoin price was dropped in crypto market but it starts growing slowly current market price of bitcoin is 9250$. I hope it's price will rise over 10000$ within few day. So keep holding your bitcoin don't waste your btc for next big profit. 

[Treat1234 0]

The price of bitcoin has been rising and this has been an opportunity for us to gain more of the profits as the price rises, halving will make it to rise very high

[pablomarwan 3082]

There are many reasons for the worsening conditions in the cryptocurrency market, including the fear of people that currency prices will decrease, in addition to stopping several areas that depend on digital currencies, including airlines. Mining. A hotel, any area that comes to mind, and with the decrease in the value of transactions, the value of currencies will decrease. Now that the situation is improving, it has reached the level of $ 9500 and other currencies as well in response to this increase

[Thekingcallme 1975]

Yes, the price of bitcoin decreased, due to the correction of bitcoin, as well as some of those who own bitcoin, he was afraid, and he sold, which caused the decline, but bitcoin returned to rise again

[Mohssine 1725]

Bitcoin in March was get down to 4800$ , and after that start rising , and now the price of bitcoin is 9300$ , yesterday the price was 9800$ , and i think it will rise to 10000$ soon , and i think before end of 2020 , we can see bitcoin between 15000$ and 20000$ , this what i expect.

[Zues 1069]

On 5/18/2020 at 9:41 PM, Thekingcallme said:

Yes, the price of bitcoin decreased, due to the correction of bitcoin, as well as some of those who own bitcoin, he was afraid, and he sold, which caused the decline, but bitcoin returned to rise again

Yes I think that you are right and the price of bitcoin is not rising because it is continuing to decline which I think is not good because people are losing money during that and I hope that they time that they will earn more will come