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Showing posts with label bullish. Show all posts
Showing posts with label bullish. Show all posts
Over a period of few weeks, cryptocurrency market has seen only downside yet there are a lot of investors who believe in the fact that: cryptocurrency is here to stay for long. These investors are the ones who are capable enough to handle severe losses while taking high risks when it comes to investments.


But what about minor investors? Is the whole question which remains unanswered to most part?

Crypto Market Crash to be Short Term

Reports apart from experts from crypto field have said that retail investors along with some individuals ended up selling high risk assets such as Bitcoin (BTC) and Ethereum (ETH) in the wake of ongoing fluctuations in cryptocurrency world. Reasons behind them drifting away from these assets is simple: they have to cover expenses and with no option left, they resort to selling these risky assets.

Read Also: Cryptocurrency Market Place Analysis


When there is 80 to 90 percent drop, it is pretty much obvious for people to find solutions to the problems arisen recently. There are also other people who believe that crypto market crash witnessed in the past few days will be only for a while now and would not last long.

According to a Charity Fund Executive from the United Kingdom, this crypto crash shall recuperate itself within a short span of time and it would not be long enough before things came back on track. Even the Chief Investment Manager at CCLA, James Bevan, added to these statements saying, at the level of traditional finance, there are surprisingly a number of road blocks that people face so cryptocurrencies are no different from them.



For your information, CCLA is one of the top Fund Managers in the United Kingdom and as per their reports, they have invested about £7,842 million in different assets under the tag ‘management’. This record is till the March of this year though.

Billionaire Investors and their Thoughts on Cryptocurrency Pricing

On the other hand, a few investors from the billionaire group have some more points to add. This list is inclusive of Tim Draper, Jim Breyer and Mike Novogratz among the others. In their views, there is going to be a ‘long term trend of Cryptos’!!!

Now if you question here about it being easier for wealthy investors to take risks, then you are absolutely correct however, there are other aspects to be looked at before coming to a final conclusion and some of these include the way ‘bear market’ has seen its ups and downs.

Read Also: Bitcoins Fall Below $4,000, all time low! 


‘Fluctuations’ is a word that has turned favourite for cryptos at the moment and specifically when the talk is about Bitcoins and its price today. One aspect to be made a note of is that you shall certainly be surprised to know as to how and when will Bitcoin Recover from the losses it has faced so far.
Certainly, a doubt has to be answered and when it is about Bitcoin Pricing then let us throw light on how in the past, it took about 67 weeks for Bitcoin to recover! Yes, you read it correctly, 67 weeks and so, hope is not lost altogether but of course, we cannot assume that the future would be the same! Do you?
Bitcoin has dropped to an all-time low for the first time in 13 months and this is what has got every one sit up and take a note of. It indeed came as a surprise because some sections of the society still believed that there would be a rise as there had been a continuous fall of Bitcoins along with a few other cryptocurrencies.


12% drop of Bitcoins

Bitcoin has held the title of being ‘the Largest Cryptocurrency in the World’ since its inception, however, it has over time been stumbling down with the passing days. Though a little while ago, there had been a time when the price of Bitcoin remained steady but it was not long before Bitcoin prices started to decrease.

Why did Bitcoin Prices Go Down?

This has been one of the questions that some of us ask and the reason what we get is that: ‘a civil war lead to the downfall of Bitcoins, the biggest Cryptocurrency ever in the market’!

Rise in Bitcoin Prices: Bitcoin has generally maintained its position at $5,000 and usually it even touched and crossed $6,000 for the most part of 2018. While many of the crypto enthusiasts felt that Bitcoins would never fall below $5,000 ever again. But things did not work in this way as there has been a strong reason for this set back which many believe in.

Split in Bitcoin: Reasons for Bitcoin Price Drop: Many believe that this split in Bitcoins termed to be ‘hard fork’ which we had reported earlier as well, is one the major reasons for Bitcoins to take a dip in its pricing. There has been a case of enthusiasts stating that this division of Bitcoins could certainly affect pricing of Bitcoin in a negative way; this prophesy seems to hold ground here.

Roger Ver versus Craig Wright: Thoughts would Clash

A clash between Roger Ver, (strong supporter and an early investor to the Bitcoin family) apart from taking lead to Bitcoin Cash ABC and Craig Wright (an Australian Computer Scientist) who also claims to be Satoshi Nakamoto, mysterious inventor of Bitcoins led to the downfall of Bitcoins.
Hard fork, as this split was referred is stated to be the reason because many believed that such a division might in all probability ‘destabilize the market’. And this has what has happened today!




Other Reasons for Downfall of Bitcoin Pricing

Some experts think that there would be other reasons as well because only one reason could not lead to such drastic change in Bitcoin pricing.

If you remember, SEC made an announcement that a few operators from Initial Coin Offerings have broken the law and must pay for it.

Regulatory Space does not spare anyone so how could some one run away by breaking rules and not be booked for them? Upon reading this news, crypto investors had to take a decision.
While it is time that would say what would happen next, there is nothing permanent and there have been many incidents to say so due to the fact that a few experts think it is time for a change to come about pretty soon.