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Author Topic: Bitcoin is going down.  (Read 7761 times)

Offline sumaiyashimu

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Re: Bitcoin is going down.
« Reply #45 on: December 12, 2020, 12:32:22 PM »
We are thinking that market is in panic but as per our observation this panic is not organic and intentionally created as big fat institution will not like to enter at high price and we hope you to got this news, now one more big American Insurance company MassMutual has invested $100 million recently after Micro, greyscale etc.. And Greyscale is still not stopping and bought an additional 14,591 Bitcoin ($266 million) and 105,000 Ethereum ($58 Million) .Please understand and think about it and get the idea, why bitcoin is going down and bouncing back again and again from the last one month. 

As per our analysis , immediate resistance is at $18500 which is 21 days MA once it breaks and closes above we might see it back to $19k and if it will be able to close above ATH and $20k then we don't see any stopping before $23k. RSI is also looking good. We might see bitcoin in the worst case at $16500 then $15400 and immediate support at $17200 till this level nothing to panic. So keep your eyes on support and resistance.

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Re: Bitcoin is going down.
« Reply #45 on: December 12, 2020, 12:32:22 PM »

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Re: Bitcoin is going down.
« Reply #46 on: December 12, 2020, 01:43:41 PM »
I think it's not just Bitcoin that has decreased. however, all coins experience the same thing. This condition is very natural just before Christmas like this. But after Christmas everything will get better again.
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Offline Apower$

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Re: Bitcoin is going down.
« Reply #47 on: December 12, 2020, 04:14:50 PM »
Currently, the price of Bitcoin has come down a lot.  Although the price of Bitcoin has come down now, we expect that the price of Bitcoin will double.  We know that the cryptocurrency market is always volatile.  And by 2021, the price of Bitcoin will cross 20,000 dollars, God willing.
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Offline Maynul96

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Re: Bitcoin is going down.
« Reply #48 on: December 12, 2020, 06:15:38 PM »
Bitcoin is going down now, mate.
is it the bearish or correction ?
Give your suggestions..

I think It just correction, bitcoin will rise again and will touch 20k USD soon.
maybe at early next year.
Now on this time bitcoin price is $18400+ i see that, this week i see that bitcoin  price has very Down. Always  bitcoin price was down. But i think on the New year bitcoin price will very Pumped. It will be crossed $20k soon.

Offline Seerge

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Re: Bitcoin is going down.
« Reply #49 on: December 12, 2020, 06:19:54 PM »
I think it's not just Bitcoin that has decreased. however, all coins experience the same thing. This condition is very natural just before Christmas like this. But after Christmas everything will get better again.
The main factor in the decline in the price of Crypto Coin was Bitcoin, because the price of Bitcoin fell so that it was followed by other coins. 
But I think this is a correction in the Bitcoin price, and I hope that it won't be long before the price will go up again.

Offline sugarchrisp

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Re: Bitcoin is going down.
« Reply #50 on: December 12, 2020, 10:21:28 PM »
All attempts of sellers were repulsed, I hope this is a real movement above 20000, although the correction should not be so fast and we are waiting for a couple of more squeezes at 1000 down(
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Offline Paglamon

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Re: Bitcoin is going down.
« Reply #51 on: December 12, 2020, 10:35:59 PM »
Bitcoin prices are currently declining. However, it is hoped that soon the situation will return to normal. So the price of Bitcoin has come down, we should not be disappointed. You have to be patient. Bitcoin's market value will have to wait for an increase.

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Re: Bitcoin is going down.
« Reply #51 on: December 12, 2020, 10:35:59 PM »



Offline Alter

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Re: Bitcoin is going down.
« Reply #53 on: December 12, 2020, 11:56:14 PM »
It is only a correction, don't worry mate! The price will increase again in the near future. You should realize that the price of Bitcoin has already increased again gradually. It means we still have a good season and not lead to a bearish season. The bullish season is still here mate, be calm!! 
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Re: Bitcoin is going down.
« Reply #54 on: December 13, 2020, 02:27:26 AM »
It is only a correction, don't worry mate! The price will increase again in the near future. You should realize that the price of Bitcoin has already increased again gradually. It means we still have a good season and not lead to a bearish season. The bullish season is still here mate, be calm!!

True mate, I see the market is going strong again now, don't be panic. Bitcoin already touch $ 18.746 again. I believe bitcoin will hit 19 k USD soon, Maybe It will happen at this week . At the end of of this year bitcoin will touch around 19k-20k USD .

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Re: Bitcoin is going down.
« Reply #55 on: December 13, 2020, 02:33:52 AM »
Bitcoin is going down now, mate.
is it the bearish or correction ?
Give your suggestions..
Don't worry about bitcoin market. Cryptocurrencies market are always unstable and none can assure about market stability. A few days ago market hyped a lots and broken ATH. I am sure that bitcoin market again will bubble soon.
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Re: Bitcoin is going down.
« Reply #56 on: December 13, 2020, 03:33:49 AM »
The price of Bitcoin dropped a lot at one time. But currently the bitcoin price is around 19 thousand dollars. I think the price of Bitcoin will be at  20,000$ in a few days.  And will the Bitcoin price exceed 25,000 by 2021$. At present, the price of all cryptocurrency coins will increase, it is understood by looking at the market position.
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Offline Arendra

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Re: Bitcoin is going down.
« Reply #57 on: December 13, 2020, 05:13:52 AM »
fter some time it continued to increase, now the price of Bitcoin has indeed shown a decline due to Christmas. lots of people need cash so they sell the coins they have. So the price goes down.
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Offline de_prof

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Re: Bitcoin is going down.
« Reply #58 on: December 13, 2020, 05:22:56 AM »
Bitcoin is going up again, So keep calm. Bitcoin has been predicted will hit ATH at the next year. I believe it will happen and agree with this prediction. Bitcoin seems recovering slowly and going strong again. last day just market correction, no worries about bitcoin.

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Re: Bitcoin is going down.
« Reply #59 on: December 13, 2020, 06:28:53 AM »
Bitcoin is going down now, mate.
is it the bearish or correction ?
Give your suggestions..
Today I found out by visiting coinmarketcap.com that the value of bitcoin is above 18 thousand 800 dollars. Bitcoin has started pumping again. It is hoped that Bitcoin will be in a very good position this time.
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