Bitcoin is dropping in price

[Grant]

Currently bitcoin is estimated to be worth over $35,000 that's a big drop from where it was weeks ago when it was well over $50,0000. Do you expect to see the price drop even more? And how far do you think it will drop? I hope it reaches back up to $50,000+. But I'm not betting on it. Maybe it'll be a good time to invest now, or when it drops some more.

 

[Senator]

There is always going to be a good time to be investing on Bitcoin. And another time for it is now that the price of the coin is plummeting downwards. Investors buying now will be doing for a very big harvest in a short time to come

 

[Patrik]

You could be right, investing right now might be a good idea, i don't think that there will be any more similar events to the previous ones that will lead to another drop in price

 

[Kunkun]

The price could drop but what I'm sure is it will go back up, there are has been predictions already that Bitcoin could rise as high as 100k so let's see how things turn out

 

[Sotherefore]

yes that lot of serious issue that is going on in the crypto space that is why the price of all cryptocurrency including bitcoins is is dropping badly. Even with this if you can still invest in cryptocurrency because when they start coming up you may never see this opportunity again.

 

[Chibson]

The recent fall in the price of Bitcoin surprised many people including myself. Some of us who didn't experience the 2017 bear run will not really understand that this is necessary for the growth of crypto in general.

 

[Kingsley]

For me I have been expecting this fall earlier since April as was the normal characters of the market but it didn't happen when it suppose to happen, it happened coincidentally during when Elon Musk made his comment on bitcoin. But am quiet sure it will rise by next month.

 

[GIFTMICHAEL]

Bitcoin is just jumping around $30-$35,000 in the last seven days. The bearish run is still affecting its price, I'm just hoping it past so low resistance and keep moving.

 

[Nomad]

Bitcon was once $64K, and now it is under $40K. Some people are speculating that the price will go down to $30K where as some people are assuming that the price will start growing soon

 

[BrolySSJ]

Currently bitcoin is estimated to be worth over $35,000 that's a big drop from where it was weeks ago when it was well over $50,0000. Do you expect to see the price drop even more? And how far do you think it will drop? I hope it reaches back up to $50,000+. But I'm not betting on it. Maybe it'll be a good time to invest now, or when it drops some more.

I personally think that overall in this market crash that we could see a bitcoin price drop as low as 25k and the reason that i am saying this is based on teh work done by many crypto analysts who believe that we have not yet seen the bottom of this dip.

 

[Kingsley]

The bitcoin has been falling for some days now many has attributed it to the ban of the crypto currency in China other has placed the fault on Elon Musk in connection to his comment concerning bitcoin. But I don't believe either has caused the fall rather I consider the forces of demand and supply.

 

[ahmedo24]

The bitcoin has been falling for some days now many has attributed it to the ban of the crypto currency in China other has placed the fault on Elon Musk in connection to his comment concerning bitcoin. But I don't believe either has caused the fall rather I consider the forces of demand and supply.

My friend if you're very conversant with cryptocurrency and if you have been reading updates you will agree that's the ban by China and the decision by Elon Musk not to accept Bitcoin for Tesla payments remains the major reason for the book crash in the market nothing else.

 

[Chibson]

Those of us who are new into cryptocurrency trading never expected bitcoin to fall this low. Honestly it came as a shocker to many of us.

 

[Ralphjoe]

It's a very normal thing for the price of Bitcoin to be dropping or increasing as the case may be because that is all the cryptocurrency was designed and so it shouldn't be a newsworthy occurrence if the price of Bitcoin is reducing.

 

[Setfragil]

It is not only bitcoin that is dropping in price all other coin are also dropping due to the bearish run that have been affecting cryptocurrency since the beginning of last month but it is a bit stable now.

 

[Puji giantoro]

big investors while making issues about cryptocurrencies to get open positions at low prices, I'm sure Bitcoin will recover

 

[Chibson]

I expect Bitcoin to recover anytime soon. The fall is the price of Bitcoin and cryptocurrency is in general came as a shocker to so many people.

 

[IamDozzy]

This was caused by Elon Musk selling off his Bitcoin assets and Tesla seizing to use Bitcoin as a form of payment. There was panicking in the market as people started selling their cryptocurrency assets and a dip in price occurred ever since.

 

[Josemendez]

The cryptocurrency market presently is not in good shape . Coins are continuously falling and this has been very discouraging to many investors.

 

[Fizzy_boi]

Actually not only bitcoin right now all coin in the crypto currencies wallet are dropping massively and it's seriously affecting those who have accumulate quite lots of them. Bitcoin as dropped already to 32$k.