Bitcoin is dead...

Is bitcoin on its way out? Or, this is a buying opportunity?

  • out

    Votes: 30 68.2%

  • buy

    Votes: 14 31.8%
  • Total voters
    44
CrytpoTrading said:
I think under $3000 and I will buy.
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a couple of months left, pal :)
Bitcoin's price fall can't be a good news for token owners, but at the same time it allows traders to earn money on a short-term basis. Instead of waiting for the rise it's far better to get profit from its high volatility. many people still do Short selling on forex instead of longterm investment in BTCs. Not every forex broker offers cryptotrading. Most of them are trading crypto on JustForex.com, this broker has dozens of cryptocurrency pairs on its platform
 
Winjak said:
a couple of months left, pal :)
Bitcoin's price fall can't be a good news for token owners, but at the same time it allows traders to earn money on a short-term basis. Instead of waiting for the rise it's far better to get profit from its high volatility. many people still do Short selling on forex instead of longterm investment in BTCs. Not every forex broker offers cryptotrading. Most of them are trading crypto on this broker has dozens of cryptocurrency pairs on its platform
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I do see a lot of cryptocurrencies on Forexchief mt5 as well. Such as BTCUSD, ETHUSD, DASHUSD, XRPUSD and many others. I am focused on only BTCUSD right now.
 
LloydPhill said:
Honestly if you ask me I would tell you Bitcoin would never fall or crash, but it's so shocking how it's declining.
The main reason I see is the tax issue, many big time investors or early investor are using their money to clear up their taxes. At the same time, Google announced banning all cryptocurrency related ads pushing Bitcoin prices to an all month low.
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I have the same feelings. It's really unbelievable the way BITCOIN gained and lost its value.
 
Last edited by a moderator:
I don’t think Bitcoin will fall below 3000, at least right away. There will be a lot of resistance at the level of 3200-3000. It is difficult to analyze the crypt lately.
 
Stephbaker said:
I have the same feelings. It's really unbelievable the way BITCOIN gained and lost its value.
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Considering most economists, traders, and financial institutions all saw the pump and dump nature of Bitcoin, what is so unbelievable about it ?
 
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