AND YET ANOTHER FALL; A dip or A dump. - page 5.

Sanitough

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Are we are overreacting? Grin

It's not new to us, we even see a lot of bigger dump than that we are seeing now, so it's just a matter of familiarity to the market and trust that the market will recover again. Bitcoin just falls 3.57% in the past 7 days, so it's not really a bad thing as it could sometimes pump more than 10% in just one day.

https://coinmarketcap.com/currencies/bitcoin/

It's a normal day for us.

el kaka22

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Quote from: Miaallen on August 17, 2021, 04:24:15 PM

Crypto community has been recording a great rise in prices in the past few days. Everyone has been saying the bull run has come again until this night when the prices of all the major cryptocurrencies. started falling again. Can this price fall be a Dip or the dump.

Why do people have these type of emotions that are on the extreme side? Is this sign of a sickness or is this sign of another thing? I mean it was under 30k just recently, and now it is over 44k, even over 40k is insanely good, we were just recently 48k and that was a great situation and I get that people were very happy about it, and I get that people are not happy about the current situation because it went down like maybe 5-8% or something which is sad for them.

However even right now, it is still green for weekly, when it is green for weekly how could you be so sad? Even if drops to red for weekly, how much? We should not be getting so hyped about a fall, and create topics with "AND YET ANOTHER FALL" type of things in it, makes no sense to have this kind of horrible falls, it just doesn't make any sense at all. At the end of the day we should be just calm about these tiny small 3-5% drops and see them normal.

Japinat

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Quote from: Miaallen on August 17, 2021, 04:24:15 PM

Crypto community has been recording a great rise in prices in the past few days. Everyone has been saying the bull run has come again until this night when the prices of all the major cryptocurrencies. started falling again. Can this price fall be a Dip or the dump.

Whether it's a dip or a dump, it's just normal to see this thing as the market is really unpredictable, you can't expect it will just pump all week or all month, you'll see that it will also dump but that should not be viewed as a bad thing as it's always necessary to understand that we can find an opportunity to buy every time there's a dump.

Don't lose your hope, if bitcoin rise when it dumps below $30k, how much more at this price.

senyorito123

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Quote from: Miaallen on August 17, 2021, 04:24:15 PM

Crypto community has been recording a great rise in prices in the past few days. Everyone has been saying the bull run has come again until this night when the prices of all the major cryptocurrencies. started falling again. Can this price fall be a Dip or the dump.

Let's don't think too much at worst stage, because the last wave of trend was the last fluctuations so it's basics a dump and not a dip. As said previously $45k was surpassed, and I think this wouldn't go down so bad just like the last time. We must be patient to wait before everything begin to show pumping and rising market. Hopefully btc and altcoins will soar together one day.

koang

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There’s nobody with perfect accuracy in predicting that and I obviously can’t predict the future but trends are nothing but cycles.
Up and down is a normal market mechanism, so don't worry too much
Think like a hunter, not a gambler

Anonylz

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Quote from: Miaallen on August 17, 2021, 04:24:15 PM

Crypto community has been recording a great rise in prices in the past few days. Everyone has been saying the bull run has come again until this night when the prices of all the major cryptocurrencies. started falling again. Can this price fall be a Dip or the dump.

When you know in every rise there will be a dip or a correction then why do you worry about it, I believe this is a correction that will bounce back soon, dip or dump doesn't really matter much since price always go back up, and I doubt you created a thread when the price was pumping up to ask why! I remember some people where waiting for 15k btc in the last dip so they refuse to take advantage, don't be like them buddy.

Silberman

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Quote from: Miaallen on August 17, 2021, 04:24:15 PM

Crypto community has been recording a great rise in prices in the past few days. Everyone has been saying the bull run has come again until this night when the prices of all the major cryptocurrencies. started falling again. Can this price fall be a Dip or the dump.

I do not really see any kind of significant drop in the price, to me this is just the natural movements of bitcoin and the market in general so I will not be worried at all about what's happening, if you just happen to invest recently in the market then I can understand why you are so apprehensive about any decrease in the price that we could witness, but do not worry too much about it since this is really nothing and I do not know if you're going to be able to keep holding your coins if you are worrying about such small movements.

bocyaj

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Quote from: Miaallen on August 17, 2021, 04:24:15 PM

Crypto community has been recording a great rise in prices in the past few days. Everyone has been saying the bull run has come again until this night when the prices of all the major cryptocurrencies. started falling again. Can this price fall be a Dip or the dump.

The of bitcoin will go to the moon in just one night.But it's different,be a bitcoin supporters and earn good money from it.To be a bitcoin supporter,you should inverse at the dump market.Only people who had good support to bitcoin was earn huge from it.Others quit the market and won't shine as like supporters.

JeffBrad12

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It can but it's too strong for bitcoin to be dumped again. Institutional investors were buying a lot of bitcoin when it was dipping. Any small dump will not always result in the big dup or another new dip price for the whole market

Just see the chart and that will be more than enough to interpret anything related to the thing that will happen soon.

Crypto has been very bullish since a few weeks ago. that means if the correction was inevitable. Crypto must face another correction to create a new floor and this means if this is just a correction to the market after the bull trend.

If you are aware if this has been happening so many times.
This is just another old pattern

Ararbermas

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Quote from: Miaallen on August 17, 2021, 04:24:15 PM

Crypto community has been recording a great rise in prices in the past few days. Everyone has been saying the bull run has come again until this night when the prices of all the major cryptocurrencies. started falling again. Can this price fall be a Dip or the dump.

well this scenario always happen even during the first bull run, wherein somehow market suddenly turn into red but after how many hours it will gonna show a green again. Perhaps this is the correction that what others saying here, what i mean a normal situation before market continue to increase.. Indeed there's no negative news nowadays that can cause the fall.. So probably mo need to worry about it in my personal opinion.

DOH!

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Quote from: Miaallen on August 17, 2021, 04:24:15 PM

Crypto community has been recording a great rise in prices in the past few days. Everyone has been saying the bull run has come again until this night when the prices of all the major cryptocurrencies. started falling again. Can this price fall be a Dip or the dump.

The market has been growing for 28 days, it should be corrected to the necessary support level. That's normal, Do not worry. I guess this is just a DIP, the indicators show short term volatility with a faster frequency, it just pulls patience to the support zone. $43-44k will be the tell, whether the market is going up or not, the support levels are already working at the strong $44k wick, and there is no reason to weaken this resistance
I will buy in this area

Xinarae*

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The reason for the market dump is that it is going to be revised again there is nothing to be disappointed about. It is difficult to tell the exact news of a pump dump in a crypto market because the market is not fixed in one place wherever the price of cryptocurrencies goes, hold on to the best of the moment it will not take long for the value of the currencies to rise as they fall. Don't go down too much if the market corrects this time the next prices will go up.

lienfaye

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Quote from: Miaallen on August 17, 2021, 04:24:15 PM

Crypto community has been recording a great rise in prices in the past few days. Everyone has been saying the bull run has come again until this night when the prices of all the major cryptocurrencies. started falling again. Can this price fall be a Dip or the dump.

Its a correction and not an unusual situation since we know how volatile the market is and we cant expect the price to only move in just one direction thus its not surprising to see this.

Bitcoin had a correction therefore alts are following the movement though I dont think it will go down further to $40k.

Anyway if you are hodling your coins for long term then dont stress yourself with the current price, it will certainly bounce back.

cabron

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There isn't going to be a constant rise up that price will break every resistance, its normally going to down and up again. If the sell wall is just too huge, there will be a dump which is caused by the accumulators in the game. The movement of the prices though is just too quick, we have very aggressive whales partying to consolidate a lot of BTC. I wouldn't start selling when there is price action like this because its just going to quickly go up too.

dimonstration

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A retesting on the support is common after strong price rally, You can track the price channel to determine if the current trend. Most of altcoins just follow Bitcoin move so watching Bitcoin price is the best way to analyze the future of altcoins. Using a 4H timeframe on Bitcoin chart gives us an uptrend channel and the current price is currently at the support line but still showing a good support because the price bounce immediately right after it hit the line. We are still good for now and let's wait more candle to determine the next move of the majority of cryptomarket.

Teraboy

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No more dip or dump. Just another correction for sure. Bitcoin is fundamentally strong with so many good news to come like approval for bitcoin ETH, Bitcoin infrastructure that will be built by fidelity and many more.

When you are seeing based on the technical analyzation and we are going back again to the old trend.

I just take the all time chart and the trend is still very bullish. A short term correction may happen. No body knows the future but we can try to get a small insight based on TA and FA.

eaLiTy

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Quote from: Miaallen on August 17, 2021, 04:24:15 PM

Crypto community has been recording a great rise in prices in the past few days. Everyone has been saying the bull run has come again until this night when the prices of all the major cryptocurrencies. started falling again. Can this price fall be a Dip or the dump.

The idea of market always move in one direction is a myth and if anyone is confused whenever there is a minor correction they are struggling to cope up with the fact that there are people selling the coins and booking their profit Tongue

. There are many that will be booking their profit and it is not a big surprise that we are witnessing some selling price after a decent push and it is impossible to know the direction of the market now.

Oilacris

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Quote from: Miaallen on August 17, 2021, 04:24:15 PM

Crypto community has been recording a great rise in prices in the past few days. Everyone has been saying the bull run has come again until this night when the prices of all the major cryptocurrencies. started falling again. Can this price fall be a Dip or the dump.

No one knows until it would happen and seen by our own very eyes!

If you've been on this market for a while then these movements wont be something new into your view but rather would be typical thing which you wont really get easily panic when you do see some dumps and crashes.

Deal with it because once you had step your foot into this place then those are just situations that do happen in a normal day in crypto.As an investor or trader,despite of worrying these situations then you could

actually took advantage with it and would really be creating some profitable trades if you do just know on when to ride up with the waves.

tabas

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Quote from: Miaallen on August 17, 2021, 04:24:15 PM

Crypto community has been recording a great rise in prices in the past few days. Everyone has been saying the bull run has come again until this night when the prices of all the major cryptocurrencies. started falling again. Can this price fall be a Dip or the dump.

I think of it as a usual dip that. Why usual? because after we've been seeing good days, there's always the dip or correction that happens. And if this is a dump then expect that it will come to pull the prices more than the dip that we're not expecting.
But that's fine, when we see some happenings like this, what shall we do? then buy the dip.

Miaallen

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Crypto community has been recording a great rise in prices in the past few days. Everyone has been saying the bull run has come again until this night when the prices of all the major cryptocurrencies. started falling again. Can this price fall be a Dip or the dump.

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