Quote from: bitcoinrays on September 18, 2018, 06:57:31 AM

Quote from: SirLancelot on September 14, 2018, 04:56:29 AM

Quote from: Cindykhato on September 10, 2018, 01:44:33 PM

Quote from: ridertiger on August 01, 2018, 09:46:49 AM

Why bitcoin price keeps going down these days? Is it just the ETF rejection of Vinklevoss twins?

I think the market for this year is not good enough to rise the price of bitcoin to as high as $10k before the year end as those investors are selling their coins for short profits and no sign of good news that can ignite the market to a bullish.

We have been going with conditions worst than the current market conditions and have seen it recovering again. This time the market is not so down but is taking long to recover is due to a reason as well that we sell for small profit when we observe a little increase in price. We should avoid selling for small profit so that holding of coins will not let the market face with downfalls.

I just searched the current price of Bitcoin which is equivalent to 6505 US dollar showing improvement from yesterday price so these who have bought yesterday are now in profit but this is a small profit as Bitcoin has big profit for you. But you need to wait for that big profit so you hold it right now and do not sell for small profit, treat it as long term you will surely reach at your destination in future days.

You can always make some profit with daily fluctuations, some days this fluctuations have wider range, sometimes not, but anyway 1-5% is a good profit if you have some bigger bankroll. Price is going just alright, we have seen all times high last year, and who is familiar with bitcoin knew that price will drop after that, which happened. Now we are over 6k for a long time now, we had few times price under that mark, but with certainty we can say that bitcoin price have a good stronghold at this mark. Price will stay for a while under 8-10k dollars, and when start to rise again we will never see bitcoin under that mark, in future bitcoin will set up new bottom and new all times high.