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Author Topic: Bitcoin Price Droped  (Read 7722 times)

Offline msz900

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Bitcoin Price Droped
« on: December 24, 2020, 04:01:11 AM »
Bitcoin price is dropping continuously and all the other coins' prices is dropped the same way. Is this because of the Holiday or there is something else going on like the Big Whales are manipulating the market?
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Bitcoin Price Droped
« on: December 24, 2020, 04:01:11 AM »

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Re: Bitcoin Price Droped
« Reply #1 on: December 24, 2020, 04:32:26 AM »
The way the price of Bitcoin went up, the same Bitcoin price had to come down. The market never goes up like  the rocket.
After the Ripple news whole market is struggling.Can you imagine Coin of Rank Number 3 is going to be delisted in some exchange with in 1-2 days.But Bitcoin will recover soon.

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Re: Bitcoin Price Droped
« Reply #2 on: December 24, 2020, 06:30:49 AM »
In my opinion because we are in holiday season of Christmas. Basically, the people now need money to buy some things to celebrate with the family and relatives. Normally, the prices will dump due to sell race of token holders.

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Re: Bitcoin Price Droped
« Reply #3 on: December 24, 2020, 12:49:50 PM »
There are many factors that can influence the price fluctuation of Bitcoin and other coins. Vacation conditions are likely to have an impact, but I'm not sure it will last long...
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Re: Bitcoin Price Droped
« Reply #4 on: December 24, 2020, 02:22:58 PM »
Yeah Al that sounds pretty crap to me, Looks like Bitcoin aint for me either.  Bitcoin prices have risen slightly today.  However, it is doubtful whether Bitcoin will be able to reach the previous place.  Today, the price of Bitcoin is 23 thousand 200 dollars.  We used to know that when the price of Bitcoin goes up, so does the price of all other currencies.  But in this case we can see that even if the price of Bitcoin increases, the price of all other currencies does not increase at that rate.  And at the present time, as the price of Bitcoin has come down, so has the price of all other currencies.  I have no idea why.
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Re: Bitcoin Price Droped
« Reply #5 on: December 24, 2020, 02:56:38 PM »
Bitcoin price and other cryptocurrencies fell a little and there is nothing scary, so if bitcoin had already dropped below 20k$, then it would have been possible to think about correction, but the price of bitcoin has simply dropped a little and there is no need for anything serious yet worry, and of course we need to prepare for a big correction of the entire cryptocurrency market which can start at any moment.
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Re: Bitcoin Price Droped
« Reply #6 on: December 24, 2020, 03:52:55 PM »
Well, when it drops even more than it's a sign for you to buy more BTC. You know someone who bought BTC, held it for 3-5 years and is still in minus?

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Re: Bitcoin Price Droped
« Reply #6 on: December 24, 2020, 03:52:55 PM »


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Re: Bitcoin Price Droped
« Reply #7 on: December 24, 2020, 04:08:59 PM »
Bitcoin price is dropping continuously and all the other coins' prices is dropped the same way. Is this because of the Holiday or there is something else going on like the Big Whales are manipulating the market?

I agree with your opinions, I see bitcoin is dropping, buy maybe It just correction. I also see several people said big whales is manipulating the market . I think It is not problem.I believe the price will increase again soon.
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Re: Bitcoin Price Droped
« Reply #8 on: December 24, 2020, 04:14:19 PM »
Bitcoin price is dropping continuously and all the other coins' prices is dropped the same way. Is this because of the Holiday or there is something else going on like the Big Whales are manipulating the market?
I has just visited on coinmarketcap after watching your post market still on great posistion to the up .So how could you say that it is continuously falling .I have found nothing like this .However i think btc will carry its positive trend its a minor downfall what can happen on the market any time .I think it will keep moving to the up .
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Re: Bitcoin Price Droped
« Reply #9 on: December 24, 2020, 05:03:03 PM »
Bitcoin price is dropping continuously and all the other coins' prices is dropped the same way. Is this because of the Holiday or there is something else going on like the Big Whales are manipulating the market?

No, bitcoin is not drop. Bitcoin is more stable around 22-23K USD. I think when you see bitcoin down, It just correction. After it bitcoin will increase again and has been predicted will touch 25K USD at this month. No worries about bitcoin.
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Re: Bitcoin Price Droped
« Reply #10 on: December 24, 2020, 05:07:29 PM »
It is very difficult to say when the token price will rise and fall in cryptocurrency.  No one can say when it will happen. But I saw that when the price of Bitcoin started to rise, it reached 23,500.  The price of tamarind has been rising for some time and there is a possibility of a downward trend so it seems that it is going down.

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Re: Bitcoin Price Droped
« Reply #11 on: December 24, 2020, 05:53:28 PM »
Yes, we can see that the price of a lot of coins has gone down.  Many coins, including Ethereum Ripple, have been dumped. However, we can see from here that the price of Bitcoin has not been dumped as much.  But hopefully the bitcoin market will not go below $20,000.
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Re: Bitcoin Price Droped
« Reply #12 on: December 24, 2020, 10:47:39 PM »
I just went to the CoinMarketCap table and did not find any drop in the price of bitcoin. Bitcoin price is now $ 23,502 and ethereum $ 607. Cryptocurrency prices fluctuate and that's okay. Due to the upcoming holidays, Bitcoin may drop in price for a while. Or, on the contrary, it may rise, given the peculiarities of the current state of the cryptocurrency market.

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Re: Bitcoin Price Droped
« Reply #13 on: December 24, 2020, 11:37:45 PM »
This is part of the market volatility and correction. Today, all coins are dropped moreover beause of the XRP bad news. In this case, we can stilll make some profits if we know how to arrange the strategy and also get the rght time to set cut loss and take profit.

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Re: Bitcoin Price Droped
« Reply #14 on: December 25, 2020, 02:49:16 AM »
This is part of the market volatility and correction. Today, all coins are dropped moreover beause of the XRP bad news. In this case, we can stilll make some profits if we know how to arrange the strategy and also get the rght time to set cut loss and take profit.

still the situation is quite stable even though maybe you say there is an influence from xrp, how much influence is that because xrp is not in a bad situation either. I think the correction is also less affected maybe the beginning of the year correction is usually very influential.

I agree with you that actually many opportunities can be used because bitcoin has become a short term and not a long term. if you can take advantage of this, the possibility of a few months ago could be profitable because bitcoin moves up and down in just a matter of hours.


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