The price of Bitcoin is in danger of falling

[Irungu 4299]

Am not really sure what happens in this area of bitcoin and the danger of it, the price of bitcoin always stretches a lot and its important to really keep on trying  to balance its price, so to me. The price of bitcoin am not really sure where it heads to, there is a lot of good might come in the coming years, if you want to spell the health of bitcoin you just look at how its used.

[Mike1515 2977]

@Ndayebo8 I actually dont agree that much, since we have a decade to read and study bitcoin and its movement , its important we check  what its all about and what tickles it, Bitcoin can collapse, yes but be sure to remember that with time , it always has something different that can be proved actually , its always good to look at it with its investment performance, it has something that pushes it, and this year with halving , we realized that its scarcity can actually drive the price to be stable , the price then did not go up but it stabilized since it had fallen from 9K to 4K in readiness for the same, I believe the price of bitcoin would only fall if the whole world population wouldn't buy the concept of bitcoin being a means of exchange thats when the whole price would fall.

[Ndayebo8 0]

41 minutes ago, Mike1515 said:

the price of bitcoin would only fall if the whole world population wouldn't buy the concept of bitcoin being a means of exchange

Yes every business rises and fall through demand and supply when there is no people in the market to shift the price definitely everything will stop and every currency should be accepted ax means of exchange without  exchange the currency is useless in to existence.

[Chief executive officer band 681]

As a matter of fact bitcoin suffered a urgent decline as a outcome of the macro money-making crises that dealt with it, but on the other give I deem that bitcoin at the organize and in the imminent will give other to carry on to 💹 rise. 

[Maaz sultan 265]

Now a days the price of bitcoin is very high between 10k and 12kusd but i think bitcoin can gives us a chance to get in the market when the price drops and with bitcoin,

                         Other altcoins prices will also domped .

[Cryptic 0]

Well despite of the pandemic Bitcoin price is still stable, its price is always in between of $9,000-12,000. I also thought that it will fluctuate because of the corona virus but because of halving and so much demand its price still that high. I think because some people lost their jobs and seek for online jobs the demand for Bitcoin has increased.

[Aolugojo sama 60]

I don't believe that Bitcoin will keep on falling. The cost has recouped now and at present, the cost has reached $ 7,000, and it will proceed to develop and won't decline again under $ 6000, I think.

[Fixfin 2569]

Price always has fluctuations but look what happened at this example. You probably feared that price will go down and sold, so you lost a chance to double your money. Buy and hold is better than looking too much the charts.

[Sykkuno 2887]

Yes bitcoin at this time was about to fall again but it was already climb above the last point at 4000 so it was perhaps not a time to sell but even buy could be a better idea.

[Cryptomint 433]

It falls but now it has been recovered and now it has been stopped above the 10000$ and I don't think so it will come back.

[kryptonick 2659]

Sometimes people make mistakes, the force of Bitcoin when it is rising is leaving even experienced traders in awe and this is what happened again this year. Remember buy when Bitcoin starts rising again don't miss this chance. And buy Bitcoin not altcoins they can start droppin when whales notice they are missing on Bitcoin.

[Mosab73 333]

It is true that the Bitcoin currency was affected by the Corona pandemic and decreased to ‭6‭‭000‬‬‬, but its price quickly rose to more than $ 10,‭‭000‬‬ because the support did not stop, and I think it will continue to rise to reach $ 15,‭‭000‬‬ at the beginning of ‭2021‬, so I am not afraid of the price of bitcoin falling again.

[Shaza Ahmad 1682]

Well, the expectations were correct in that black period, as soon as Bitcoin fell below 7000 and the panic selling became unbelievable, thousands of bitcoins were flooded with the market and everyone thought that the market was going to zero, but fortunately Bitcoin rose and strengthened again, breaking the resistance. Historical 10500 and so far this period is considered the longest period of stay above $ 10,000

[Syedbesharat 5423]

The BTC fall effect market but it's not gonna last long where BTC have seen gracious fall down in history and comes back with more strongly. The next BTC Bull run will break the world in two parts which is highly expected and it's price will hit 100k. If it's not happen it would certainly hit 50k in next time. 

[yonkii 3205]

And it didn't drop again but this was the news I've read and got interested in Bitcoin. I read one day that it was down 60% for the year and two days later that it started recover. I thought I wish I new about Bitcoin and had some money in the side, but as a student I have very small budget and I can only invest a little. I looked again this summer and price was double already. So I thought lets try it!

[Mr.Lettuce 157]

I think its going down at least for a weak, until it reaches possibly the 10,900 but it will come back to 11.200 at early 2021.