Topic: any reason for this biggest drop? - page 4. (Read 917 times)
Everybody are aware of what really happening lately at coinbase, maybe thats the reason why it suddenly drop up to the lowest level, but it pump and return to 11k usd+ lately, and corrections and dip are happening everywhere and at any coins or tokens or even stocks, so just learn to play from it, and buy on dip and sell on news, thats the best way as a trader to earn some profits.
-----------------
Biggest drop?No it isn't yet this do only looks a typical price volatility on a normal day here on crypto market.Nosedive drops cant really be seen on a fast phase or short time.It would be gradual to hide up some sort of manipulation because if things goes that way
then expect for popping out speculation surrounding.
The Crypto market will not continuously go into the same situation for long time because the cryptocurrency market is unstable so that we expect if you drop and also your future pump we need to agree everything then only we can be a investor in Crypto market.
It is to be expected, I mean the sudden increased to $13500 doesn't look normal, that's why the price went into a correction. So let's see, others have said that this is healthy because those who wanted to get in will be buying in this deep. Good thing today is that we have regain some back at the price is above $11k now.
yep, and the market will not always rising my friend
maybe the reason why the market down now is a lot of traders take their profit, and this is normal
for the OP, don't worry, everything will be fine
It is to be expected, I mean the sudden increased to $13500 doesn't look normal, that's why the price went into a correction. So let's see, others have said that this is healthy because those who wanted to get in will be buying in this deep. Good thing today is that we have regain some back at the price is above $11k now.
Today? The big dump was happened on yesterday. What if bitcoin get dump again after you bought it?
That is how it looks like. It felt like the reason for this big drop is because I bought a tiny bit of BTC from the pile of bids in the market. Does anyone ever also feel like they are the ones being watched by the exchange because the moment you bought back BTC, it also started dipping again?
It probably there is no shaken to those who truly believe with bitcoin, but for those who are certainly at the doubts, they are the one that first to sell their bitcoins.
The current Bitcoin price decline will give something to us an opportunity to buy more cause after this, we might be able to see big jumps and to have another ATH this year. This meant that those late comers have given a chance and never have to lose this time.
maybe also daily traders who do it. because of the decreasing position after rising they certainly secured their money and started buying again when the price of bitcoin had started to rise. Isn't that natural for crypto trading, not only for bitcoin but almost all crypto trading traders will use that method. The current Bitcoin price decline will give something to us an opportunity to buy more cause after this, we might be able to see big jumps and to have another ATH this year. This meant that those late comers have given a chance and never have to lose this time.
Bitcoin should dangle, that rise and fall situation as we always experience. But in the final analysis, there will be steady price which will be appreciated by investors, so no shaken.
It probably there is no shaken to those who truly believe with bitcoin, but for those who are certainly at the doubts, they are the one that first to sell their bitcoins. The current Bitcoin price decline will give something to us an opportunity to buy more cause after this, we might be able to see big jumps and to have another ATH this year. This meant that those late comers have given a chance and never have to lose this time.
Today's big drop is just something that usually happens when Bitcoin and Altcoin have experienced a substantial increase too, we should be happy if today prices drop because we can buy at a cheaper price than yesterday, and prepare for tomorrow with an increase the greater one
Today? The big dump was happened on yesterday. What if bitcoin get dump again after you bought it?I don't think there was a reason for this dump. Just some whales who think it was enough profits. I think it is going to be difficult to go higher than $14000. It is not impossible, but it will depend of thoses whales, if they are going to come back or not. And if new whales are going to enter the game.
And most of them should be who accumulated bitcoin when it' was still around $3k - $4k 
I don't think there was a reason for this dump. Just some whales who think it was enough profits. I think it is going to be difficult to go higher than $14000. It is not impossible, but it will depend of thoses whales, if they are going to come back or not. And if new whales are going to enter the game.
markets still working in cycles, you can't expect a steady upgoing price. this huge dip was needed to bring people back who thinks "i buy btc and get rich quick" ... dumb money wont win for longterm. i guess yesterday a huge people got burned by leverage trading.
legendary
Activity: 2436
Merit: 1189
Need Campaign Manager?PM on telegram @sujonali1819
I think there is no reason for this drop. It is just a price correction that we have seen in the past. wait and patience till finishing the correction and We will go mone again for touching another ATH of btc.
Today's big drop is just something that usually happens when Bitcoin and Altcoin have experienced a substantial increase too, we should be happy if today prices drop because we can buy at a cheaper price than yesterday, and prepare for tomorrow with an increase the greater one
this is an expected result of a parabolic move. Nothing special. And this is not a drop. it is a correction and I think it will continue for BTC.
3k to 13.5k and do you think this is going to rise forever?
For the alts: If BTC moves alts are going to the hell
3k to 13.5k and do you think this is going to rise forever?
For the alts: If BTC moves alts are going to the hell
The present dump is due to correction bitcoin grow 3000 dollars in just 24 hours now bitcoin is trying to find the support once btc prices stabilizes we can expect btc to touch again 13500 dollars by next month
That's going to happen in sooner time, and as per chart monitoring if you look at the coinmarketcap history, it's always coming back to same scenario. The trend usually occurs before spiking going to much bigger price value more than $13.5k. 
Yeah, it's a correction--or a dip. This is exactly what happens when any given market rises too high, too fast. I have not been following crypto for the past week and was actually very surprised that bitcoin hit $10k--and then I heard it touched $13k! The $13k level at least is unsustainable for now, and it indicates to me that there are a LOT of speculators in the market right now, and they're blowing bitcoin up past the point of rationality.
The same thing happened in 2017. A similar thing happened in 2014, although Mt. Gox had a hand in that debacle. Right now I just think there's too many people with too much money getting in and buying. IMO now is not a good time to be buying bitcoin. I'm just going to wait and see what happens.
The same thing happened in 2017. A similar thing happened in 2014, although Mt. Gox had a hand in that debacle. Right now I just think there's too many people with too much money getting in and buying. IMO now is not a good time to be buying bitcoin. I'm just going to wait and see what happens.
I'd concur. Any rise needs a period of cooling off and relative stability, or it's unsustainable. Look at what happened in 2017. The markets rose continuously, and the result was that when they inevitably started to fall, no-one knew where they should fall to because there hadn't been any period of cooling off and price consolidation during the rise. The result being they kept falling until finally this February everyone reached a consensus that we had hit bottom. If the late 2017 rise had been more gradual and with new support levels established, it's likely we wouldn't have fallen so far or for so long.
As for why this current fall started - it had become clear that the rise was unsustainable, and when this happens it needs only a tiny trigger to start the huge sell-off. This time around it's likely it was the brief Coinbase outage.
The present dump is due to correction bitcoin grow 3000 dollars in just 24 hours now bitcoin is trying to find the support once btc prices stabilizes we can expect btc to touch again 13500 dollars by next month
The correction was due to come
Jump to: