Bitcoin drop in the cryptocurrency market

[M.Asif 499]

Hi friends,in my views ups and downs in prices of crypto currencies are common and happens many times,but nowadays it's price is fall low due to the covid-19 pandemic  as economy is badly affected. Its price goes many high among crypto currencies also still  I think on number one in crypto currencies. But there are possibilities of increase in price and market values.

[Rida nasir 801]

On 13/03/2020 at 4:06 AM, Raqeebzy said:

The price of bitcoin in the cryptocurrency market has been falling massively over the last week. The price of bitcoin has been affecting other coins like ETH, Litecoin, Ripple X and so on. It has really affected nvestors with the price reducing by 25.13% over the last week.  What do you think might be the cause?  What is the solution to this mighty fall? Do you think might be on the rise soon? 

The post is months late and now is 2021 and the price is increasing.The rise and fall depends upon market when market demands the crypto price rise and when its buying become low its selling price decreases.

[MK AHMAD 1134]

Bitcoin drop in price in the cryptotalk currency exchange market because of the pandemic situations if corona virus as most of the members are afraid to sell their coins because of the fluctuation of price in the market so it's will surely rise again 

[Jack764 1841]

Bitcoin has an effect on most other currencies, there are those who say that if Bitcoin rises, the rest of the currencies, such as Ethereum, Litecoin, and Ahr rise, say that people withdraw money from currencies and give it to Bitcoin

[Jack764 1841]

Bitcoin always falls sharply after the big rise. This happened in the past when it reached 20 thousand dollars and then decreased to 7 thousand, and this decline is expected by everyone.

[Rozy 1918]

The Bitcoin is the master of all other crypto currencies , some people try to deny it but it is a truth , the market is affected by any change that occur to crypto currency, so if it goes up many currencies follow it too, but when it falls down the whole market goes down and become still , every body gets worried what will happen later will Bitcoin continue dropping or it will rise up again, so when you know where the Bitcoin is going you will be able to predict the movement of other cryptos. 

[RoyalHouse01 9]

You should take advantage of the fall as there is opportunity in the in investment and making money our of it when the price goes down and when it goes high there are benefits of it.

[Mostwanted007 265]

The bitcoin drop is normal because this is how the market moves. But there’s nothing to worry about because as time goes the price of it will start to rise. The bitcoin drops benefits all investors and holders because it is their time to buy bitcoin at a cheap price, once they bought bitcoin the only need to do is to wait until the bull market comes, because they can earn a lot of profit.

[Dorjoy12 8962]

On 3/13/2020 at 5:06 AM, Raqeebzy said:

What do you think might be the cause?  What is the solution to this mighty fall? Do you think might be on the rise soon? 

This topic  got created  last year  when corona virus  begin..  Anyway, that time crypto  market significant  dump happen  just for the whole world economic rate crash up down.. People tried up to transfer  or exchange  their crypto into cash so that they  can survive  more time..

[Crpto❤️ 55]

Yes you're right that surprise all the beautiful and was falling in in March and so on but the bitcoin has stabled itself and and it is increasing more firstly also so as the other coins like Eth, Lth, USDT and many other are also increase due to the rising of Bitcoin and now the bittcoin is at it highest level.

[khan22 3478]

All the crypto market depend on the BTC when the BTC go high that time the market go high almost all the ALT coins go high and when the BTC comes down the market of all the coins will comes down and this is the market rules.

[Raqeebzy 6456]

On 2/5/2021 at 6:33 PM, Dorjoy12 said:

This topic  got created  last year  when corona virus  begin..  Anyway, that time crypto  market significant  dump happen  just for the whole world economic rate crash up down.. People tried up to transfer  or exchange  their crypto into cash so that they  can survive  more time..

Yeah. Surprised you are just coming across the thread for the first time.

It was so deep into pandemic and its effect has visibly eating into the economy even in the world strongholds with the exception of China. Resulting to massive sell off in crypto, especially the bitcoin. Well, it is all over in less than a year and BTC shown good resilience hitting all time high after all time high.

[Dorjoy12 8962]

On 2/10/2021 at 10:21 PM, Raqeebzy said:

Resulting to massive sell off in crypto, especially the bitcoin

Not only bitcoin but look on eth and ltc when this both coin price was only 90 usd and 32 usd but they have recovered already  within few month after recovering  the market little bit..  Yah right  now market is really cool due to institutional investor on every coin..

[Yuki 526]

The main reason then was corona virus situation but the market recovered fast and all currencies risen and increased in price later , in the last quarter of the same year we all seen the crazy increase in BTC and the altcoins price , now we are in a new level of cryptocurrencies prices and by the end of 2021 we will see a new ATH for all the cryptocurrencies , of course the chance of market back to 2020 prices is equal to 0% so be ready for the next increase wave

[Goyaa 2414]

We all know that the beginning of March 2020 is the start of a pandemic, this has greatly affected the price of Bitcoin and other financial sectors. The significant drop in Bitcoin price sent the prices of other altcoins down, we are thankful that we got through it and the Bitcoin price is still going up. We are still waiting for the Bitcoin price to rise to its highest level.

[Carmelo Lames 1083]

It is very normal for people to get scared when the btc makes a correction, many times it can last for months and other times not so long, but for bitcoin these falls are healthy and for buyers the opportunity to obtain bitcoin at low prices, it is unfortunate but I think there are prices at which bitcoin will not reach again, for me the price of $ 10k will never be stepped on by btc again, those opportunities have been lost and if we continue to hesitate to buy, we will lose many more.

[teebasas 3018]

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

[Merry Cherry 670]

I think loss and profit is the part of life in doing trading and in investing. So its a reality that some times we are high ane sometimes we are down. If bitcoin value drop in market there is no need to worry after some days its value will also increase so be calm and work hard.

[Rs Rimon 45]

Please do not have to worry and put this type of publication at every drop of Bitcoin or the market, almost everything has returned to normal,  as is the price of Bitcoin is on the rise. The thing is type price if Bitcoin tend to attract other coins when especially it is going up in falling down as this coins are kind of connected on how the bitcoin price actually fairs on the market. 

[kaliphatesani 111]

The drop in bitcoin should not be a problem. We need to strategise and make use of the drop in bitcoin as a tool to grow our income. Only those who know what they are doing will make the best out of crypto. You need to improve your skills in crypto and also ensure that you are very patient and hardworking.

[Nonahassan 915]

Indeed, this thing happens a lot. Bitcoin affects the crypto market in a large way. I invest in the crypto market based on the movement of the bitcoin market, and this is fundamental in my opinion and it can be of great benefit to you.

[kingcrypto27 168]

Hello dear friend, you are right Bitcoin price are not stable in the market, also today Bitcoin price dropped rapidly, I say this is not the best time to invest at cryptocurrency, so we have to wait to stable the market.

[Froshk 1828]

The drop of bitcoin in the cryptosphere is always a temporary fate because with time the currency always move back to it's normalcy and at some times it goes back to cross many ATH

The drop of bitcoin in the cryptosphere is always a temporary fate because with time the currency always move back to it's normalcy and at some times it goes back to cross many ATH

[Pereira 2303]

The fall of the bitcoin is set to adjust the prices in the market, this is a great point, since it is the best time to invest and have profits that are worthwhile, the price adjustment gives new heights to the bitcoin, for this reason is that today bitcoin is at 49k and had a price readjustment, because the established price is 60k, seeing this opportunity is the best time for each investor to enter.

[kryptonick 2659]

On 2/27/2021 at 8:46 PM, Froshk said:

The drop of bitcoin in the cryptosphere is always a temporary fate because with time the currency always move back to it's normalcy and at some times it goes back to cross many ATH

I was about to give a response to this post too, and then I noticed that it was from the previous year, probably during the time of the big crash of the markets when Bitcoin dived bellow $4000. Of course today we have a very different picture, Bitcoin is more than 10 times higher in its price and looking to be doing better soon.