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Why does the price of virtual currency go down? I tried anticipating the price of bit coin (BTC) at the end of 2018 by hotaru

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· @hotaru ·
$0.37
Why does the price of virtual currency go down? I tried anticipating the price of bit coin (BTC) at the end of 2018
would like to explain the reason for now.

I wish I could shed lightly because there are so many wishes (* ∩ ω ∩)

Before that, I have nothing to do with the price of the bit coin, but I would like to organize the factor of the price drop of the virtual currency and the factor of price rise.

I tried arranging positive factors for price

Positive factors Summary

Listing on exchanges
Launch product
Corporate business introduction and tie-up
Burn of token
Implement hard fork
Implementation of air drop

There are 6 events above which Rena has invested in virtual currency, and believes that it is a factor of raising the price of a specific currency so far.

I think that price rise is very easy to understand by listing (1 ε 1)

The currency listed on bitFlyer in Japanese exchanges and Binance in overseas exchanges has increased prices significantly in the past.

When Lisk listed on bitFlyer at the end of January 2018, it recorded 65% over the previous day.

Overseas exchanges are said to be capable of listing by paying about several million yen.

On that point, Binance of overseas exchanges adopts a unique mechanism that determines the listed currency by voting.

We also announced the listing of NEM at the timing of NEM's tracking suspension the other day which was stolen the other day, and the price of NEM which has been keeping falling temporarily rises temporarily (≧ ▽ ≦)

Regarding launch of products, I think recently NEM's announcement of catapult is remembrance to the memory.

Rena 's press currency TRON also rose as the test net launched at the end of March.

As a common movement when the price of the currency rises due to these positive factors, the tokenburn, hard fork, air drop continues to rise until the day before the event and the value begins to fall from caution before the actual event occurs.

On the other hand, as for listing of exchanges, it does not go down immediately before, it soars soon after listing, and it tends to start to decline price after about 1 day (· ε · `)

Let's see the TRIG chart from August 2017 to March 2018.

![image-19-768x335.png](https://steemitimages.com/DQmPznZRu6vWQvDksAheoceXicL6pCk7EbPqWJtYUsLXmZZ/image-19-768x335.png)

The token's burn took place on September 15, 2017, but the price started to rise several weeks ago in Burn and you can see that it started to fall from just before.

Meanwhile, it was on December 29, 2017 that the company listed on Binance but since it was announced in the TRIG community about the listing on some exchange before that, it went up from the front before the listing date and listed You will find that you are getting bigger price later.

I tried arranging negative factors for price

Negative factors Summary

Announcing delisting of virtual currency
An announcement of virtual currency regulation
Criticism of virtual currency by business tycoon

TRIG is still TRIG, but it went up greatly when it listed on Binance in December 2017, but after that, on January 6, 2018 the delisting from Bittrex was announced and it went down greatly.

![Bittrex-768x259.jpg](https://steemitimages.com/DQmWxRS3DKxvk5fVtREM94VHAwmyouR9F8AXM7yPU1hhbTV/Bittrex-768x259.jpg)

In February 2018 prices fell due to the cautionary feeling that large regulations on virtual currency regulation will be made at G20.

In Japan as well, I gave up registering to an exchange company, and the following five companies have already announced withdrawal (╥ ω ╥ `)

Virtual currency exchange operator who declared withdrawal

Tokyo Gateway
Mr. Exchange
Bit station
Dream come true
bitExpress

Also in 2017 the prices fell sharply when ICOs were banned in China and South Korea, regulations on exchanges were reported, or JP Morgan Daimon CEO said "Bitcoin is a fraud".

By the way, Daimon CEO commented that he later regrets remarks as a bit coin fraud.

Look at price expectations of various people

Let's look at opinions of various people about the bit coin price at the end of the year (⌯ ̴ ̴ - ̷ ω ̴ ̴ - ̷) ✧

In the questionnaire taken with Twitter, it seems that the prediction of 1 million yen to 2 million yen was the most

In addition, there is a tool that can predict the price by AI called WebBot (1 b 1)

It is a BOT tool that can predict the future of virtual currency made by Mr. Cliff Hai who was a consultant of former Microsoft.

By extracting information on virtual currencies from each SNS such as Twitter and Facebook, the price rises if there are many positive tweets, we analyze tweets as emotional data to predict the future price.

WebBot expects this year's bit coin price as follows.

Since the bit coin price in February 2018 was around 1 million yen, WebBot's expectation is already missing, but we expect 1 BTC = 11,000,000 yen around the end of 2018.

By the way, the report that WebBot (Web Bot) expected is sold for 99 dollars.

If you are interested in buying it please click here from the link (1 ˃ꇴ˂ 1)

In addition to bit coins, predictions about bit coin caches and ripples are also posted.

WebBot report


Expected by professional investors

Prospective investor's opinion is also 2.7 million yen or 3 million yen, if it is low people are separated by 20,000 yen.

Mr. Ton Bays, a New York based analyst and consultant, saw this situation to be recovering quickly, and by the end of 2018 it will cost $ 25,000 (as of February 19 the Japanese yen it is less than 2.7 million yen ) I will speak to you.
Also, famous bit coin enthusiast Ronnie Moas predicts that it will go up further $ 28,000 (about 3 million yen in Japanese yen). Many analysts have an optimistic outlook.

Meanwhile, Mr. James Rickers, strategic director of financial analysis company Melagurim, is very bearish. He said that the price of bit coin is still too high, he said that it can go either upward or downward. He also said that the bit coin would be $ 200 (more than 20,000 yen in Japanese yen). I am casting a stone for optimism.

"25,000 dollars by the end of 2018!? Analysts from around the world anticipate the prospects for bit coins" quoted from

Although it is quite a long time ago, there are also companies that anticipate 1 BTC = 964 million yen in March 2020.

Reason for Price Forecast at End of Year 2018

As a conclusion, as for the bit coin price, there are various expectations and nobody knows exactly (.

I think that the bit coin price at the end of the year is 2.5 million yen, but as the trend of the virtual currency in 2018 continues until the current market trends continue until about May, if the bit coin price drops to around 500,000 yen at a time I believe.

Later, the negative impact began to show an upward trend from around the summer of 2018, exceeding the maximum value of 2 million yen last year around October 2018, there is also a development plan development in the road map toward the end of the year In the first half of December I think that it will grow by more than 3 million yen at a time.

After that, as in last year, profit fixed selling will be done when near the end of the year, and finally I think that 1 BTC = 2.5 million yen will come to the end of the year.

Among them, "Money Tap" which is open to the public after the summer of 2018 hopes to have a big positive impact on the entire virtual currency (° ꈊ °)

Below is a chart of the BTC price from July 2016 to May 2017, but after a lot of declines since the beginning of the year it has increased the price significantly since May.

This year we will have a desire to include a turning point around May 9 ('ᆺ `) 6

![image-3-1-768x329.png](https://steemitimages.com/DQmUTBBvgzhumNfnjiwnvc6JEsoTiZUWVuhaQXbAnWgWxZS/image-3-1-768x329.png)

What I think about Rena

Three factors were presented as a factor in the decline in the market price, but I believe that the biggest reason for the falling price is a chain reaction in which selling calls for selling.

Negative factors Summary

Announcing delisting of virtual currency
An announcement of virtual currency regulation
Criticism of virtual currency by business tycoon

In other words, in terms of keeping down, BTC is sold without price for big reason and price drops and calls for next sale.

Even without a reason, if you look at the assets that keep decreasing you will sell it ('- ω - `)

Even in the article written in January 2018 I write an article that I think that it is better to trade in style rather than gocho because there is a high possibility that the market price will decline due to regulation, There seems to be some people misunderstanding that they are recommending.

Although bit coin keeps falling now, honestly it is not happy fun because I think that it will rise to 2.5 million yen at the end of the year without permission.

Also, I am currently busy studying programming to make an application and have not seen the chart much (ω` *)

This prediction is only to think that Reina looks like this, so I would like to invest with self-responsibility without taking a swallow (1 '3' 1)

Since it has been lost smoothly since this year, the result will be announced in asset disclosure in March, 2018 ♡
👍  ,
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@cryptoissweet ·
Wow nice post. Keep em coming. will folloy you for more in the future :)
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