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❕NEWS Bitcoin price falls continuously for the 8th day

CrazySher

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Bitcoins price falls continuously and it is the 8th day and its price goes under $50,000. Today it's price is $49,4000, which is falls by $600
 
We will see what will happen with current developments, current rumors and current news, which levels we will test. Tax rhetoric seems to disturb the markets for a while.
 
Yes, taxation and the news of ban of btc in India leaves a little impact on but particular fact is unclear, why it is continuously going down and down while it's competitor ethereum going up.
We will see what will happen with current developments, current rumors and current news, which levels we will test. Tax rhetoric seems to disturb the markets for a while.
 
Overall it seems a full cryptocurrency drop. There are a few coins rising or holding their value but the most of the coins are like sheep. When the upturn comes, no idea when, then all coins will follow again, like sheep.
 
There has bee a small recovery in the last 24 hours but will have to wait to see if it has bottomed out or if it is a dead-cat bounce. Does not appear to be a major sell-off from its high.
 
I wonder when its going to stop falling ,because the fall is really worrying as the price keeps falling to a very high range , many investors are no more pumping the market
 
Today, we also saw a sharp decline in Bitcoin and other currencies, but this is a normal thing due to its rapid rise, so the rise will return soon
 
I wonder when its going to stop falling ,because the fall is really worrying as the price keeps falling to a very high range , many investors are no more pumping the market
I have to agree that it is becoming worrisome and there are a lot of speculations fanning the worries. I just want to see what the new week holds especially for bitcoin.
 
It is likely that the next level of bitcoin is a rise not a drop below $48,000 it has experienced this dip for a week so more pumping should be expected.
 
It won't happen the lowest that could happen is the price dropping to $45k , then quickly have a high spike in price of up to $55k
Yeah because the buying has not dropped people are taking advantage of the dip with reasonable assumption. If you expect below $45k and it doesn't you will definitely buy higher.
 
This just the beginning. Soon it will be what you have never seen before. People don't want to believe the news or statistics because bitcoin has never disappointed them before.
 
This just the beginning. Soon it will be what you have never seen before. People don't want to believe the news or statistics because bitcoin has never disappointed them before.
I don't understand your point, are you saying we should expect or more dip in the price of cryptocurrencies or recovery. Explain with facts please.
 
There has bee a small recovery in the last 24 hours but will have to wait to see if it has bottomed out or if it is a dead-cat bounce. Does not appear to be a major sell-off from its high.
The decrease in the price of bitcoin has caused many investors to lose confidence in the cryptocurrency but you have to have confidence in the crypto since its history deserves it.
 
Yeah because the buying has not dropped people are taking advantage of the dip with reasonable assumption. If you expect below $45k and it doesn't you will definitely buy higher.
There are many buyers currently taking advantage of the low prices, this makes the decrease in the price not so abrupt, when the whales come into play we will see the increase in the price of bitcoin again.
 
I don't understand your point, are you saying we should expect or more dip in the price of cryptocurrencies or recovery. Explain with facts please.

The point is that you should take all your bitcoin investments, convert them to cash and invest them on other things. Crypto currencies will soon fall if this pandemic don't stop. Why wait until it is too late?
 
That still normal. I think the price effect by some big holder that sell bitcoin for some normal reason like expense and bills.. Lets see if the price could touch $ 45000 or not....
 
The point is that you should take all your bitcoin investments, convert them to cash and invest them on other things. Crypto currencies will soon fall if this pandemic don't stop. Why wait until it is too late?
Your points are not strong on why I should do such , you are to give me reason not just instructions, I don't you are into cryptocurrencies trading or holding.
 
Bitcoin is sitting at $50,060 on Coinmarketcap at the moment. Seems to be struggling to break through the $50,000 barrier. Perhaps hovering for a few days will stabilise the market. I am not selling, but contnuing to stake coins on Binance.
 
Your points are not strong on why I should do such , you are to give me reason not just instructions, I don't you are into cryptocurrencies trading or holding.

I'm not trading in them anymore. Currently, my country don't accept it. I don't have more reasons than the few article news being shared here. Okay, I think we should wait and see the future of crypto currencies and not only bitcoin.
 

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