I think the OP got the links wrong, this is the correct one:
(https://www.ccn.com/bitcoin-price-drops-7-yet-again-as-crypto-market-struggles-to-retain-momentum/)
What do you expect? There are a lot of sellers and no matter what good news we have like the Swiss ETP mentioned in the article, the sentiments and the pressure to sell is still there. The last 48 hours was very volatile, the price went as high as $4100. But it was just another bear trap and now we are in the $3700. Well that's the bitcoin we all know so if you can't take the heat so you might as well exit now and wait till the market subsides.
Topic: [2018-11-27] Bitcoin Price Drops 7% Yet Again as Crypto Market Struggles to (Read 92 times)
November 27, 2018, 02:15:28 PM
November 27, 2018, 12:35:43 PM
we haven't found the bottom just yet
the price will correct itself, but something tells me it will stabilize near 3300-3500$ mark
people who want to buy are waiting for the floor, people who want to sell sell at a loss
HODLers hold, miners cry - business as usual
the price will correct itself, but something tells me it will stabilize near 3300-3500$ mark
people who want to buy are waiting for the floor, people who want to sell sell at a loss
HODLers hold, miners cry - business as usual
November 27, 2018, 11:24:40 AM
Bitcoin Price Drops 7% Yet Again as Crypto Market Struggles to Regain Momentum
Throughout the past 24 hours, the price of Bitcoin (BTC) dropped from $4,065 to $3,600, reversing a short-term corrective rally.
The dominant cryptocurrency has been on a steep downtrend for several weeks but on November 26, for a brief of time, Bitcoin seemed to be initiating a corrective rally after reaching a new yearly low at around $3,400.
Temporarily, Bitcoin spiked to $4,000, engaging in a 17 percent increase in price within a 24-hour period. However, the price of the asset began to fell back to the lower region of $3,000.
CCN | https://www.ccn.com/french-tobacco-shops-want-to-sell-bitcoin-regulators-arent-happy/
Throughout the past 24 hours, the price of Bitcoin (BTC) dropped from $4,065 to $3,600, reversing a short-term corrective rally.
The dominant cryptocurrency has been on a steep downtrend for several weeks but on November 26, for a brief of time, Bitcoin seemed to be initiating a corrective rally after reaching a new yearly low at around $3,400.
Temporarily, Bitcoin spiked to $4,000, engaging in a 17 percent increase in price within a 24-hour period. However, the price of the asset began to fell back to the lower region of $3,000.
CCN | https://www.ccn.com/french-tobacco-shops-want-to-sell-bitcoin-regulators-arent-happy/
Jump to: