That was just a normal correction, and if I were you, depending on how buoyant you are, I would actually have taken that opportunity to buy at that $9k because a time is coming soon where you will look for that $9k and you may never see it again because the price would have gone to high. Imagine that you buy at $9k now and then the market grows back to $13k, if you are the type that does shorts, have you not already made like $4k dollars which I am sure that this 413k will be seen again within the next 2 months.
How many people earns such salary within 2 months, but it is something that you can earn with just a simple decision and a very simple process that does not take more than 1hr. which your remaining job will then be to be monitoring the market.
Topic: Bitcoin Declining. - page 3. (Read 3323 times)
Why the fuck is bitcoin declining, any FUD new or any whales dump? Dropped now from $11k to $9k
You are easy to react man, as if you haven't seen this before, don't worry about the dump because bitcoin has recovered already. After being down to $9K, we are now back at $10K and from here, I'm expecting we will again see an uptrend that would again change the mind of the bearish people when BTC were down, this has been the trend this year so far, let's get used to it.
Thats the problem with these darn charts, can be drawn several ways so which way is correct. It seems a trend must fail multiple times from varied perspectives before it falls hard like was in potential. I think it looks bearish in several time frames and is also on trend to decline, its been a while coming so my guess would be the negative does take place.
This is only short term but watching if it holds down or not.
This is only short term but watching if it holds down or not.
Things weren't looking that great even before the selloff started, and to my knowledge there's really been no big news since the start of this besides a few rumors of a Chinese ponzi starting to sell off the coins it's swindled from investors that I've mostly dismissed.
I today read that they -allegedly- have started selling before we started going down from $12k to where we are right now. Why hasn't this been in the news before? It's probably just some fud to drive prices lower.If these scammers were really selling, exchanges would have frozen their accounts and balances already, unless they purposely allow them to sell, but that's highly unlikely since exchanges don't like losing that much fiat liquidity.
In other words, we're experiencing a technical sell-off. We hit the descending resistance days ago and now we're about to, or have already hit the bottom of the ascending support. Today's close will matter.
The below chart is on the daily timeframe.
Things weren't looking that great even before the selloff started, and to my knowledge there's really been no big news since the start of this besides a few rumors of a Chinese ponzi starting to sell off the coins it's swindled from investors that I've mostly dismissed.
I today read that they -allegedly- have started selling before we started going down from $12k to where we are right now. Why hasn't this been in the news before? It's probably just some fud to drive prices lower.If these scammers were really selling, exchanges would have frozen their accounts and balances already, unless they purposely allow them to sell, but that's highly unlikely since exchanges don't like losing that much fiat liquidity.
In other words, we're experiencing a technical sell-off. We hit the descending resistance days ago and now we're about to, or have already hit the bottom of the ascending support. Today's close will matter.
there has been lots of FUD nonstop for the past month. practically ever since price reached $13k for the first time this year and stopped to have a small correction and get ready for $15k and then $20k we have been having a lot of FUD as it is the case with every correction in bitcoin.
these small drops below the major support lines are always the last tries of the bears and the whales to get their hands on some cheaper bitcoin before the next rises begin.
The whales will always want to buy cheap and as that, they will always manipulating the price by creating fud. If we really want to make money by investing in bitcoin we must differentiate between fud and reality! Buying during the fud and sell during the reality is the right thing to do. The current happening in the market is just a correction and it is good that we understand that the weekly and daily charts are still showing bullish signal. these small drops below the major support lines are always the last tries of the bears and the whales to get their hands on some cheaper bitcoin before the next rises begin.
Why the fuck is bitcoin declining, any FUD new or any whales dump? Dropped now from $11k to $9k
You need to understand Op is that BTC is now a days fluctuating a lot.
When you wrote this post, BTC was at 9k usd, but now as of now it's 10k usd+and growing.
So no need to panic.
This is happening as the trading volume for a particular time is increasing.
Hope you get it.
In order for the cryptocurrency market to grow well in the fall and especially in the last months of the year, now it must rest with normal people who are usually on vacation during this period. Therefore, in the current fall in the price of bitcoin, I do not see anything bad and unusual. From the end of September, I think, we will see another good market growth.
Just now I am checking and it is around 10k levels, in many exchanges as well. It just dropped a bit from 11k levels to 10k levels and that is not really a news worthy thing in bitcoin world. The price has trends which is basically what we call the walls and when there is a huge wall that doesn't allow bitcoin to go above certain levels and walls that doesn't allow bitcoin to drop to certain levels price usually goes between those walls and that is what we call trends.
Now, when people know these trends they usually sell at the top and buy at the bottom to make the most money they could from the movements, its quite a common method to make money and that is why we see these small ups and downs frequently. Until something huge happens there is absolutely no way to change this course.
Now, when people know these trends they usually sell at the top and buy at the bottom to make the most money they could from the movements, its quite a common method to make money and that is why we see these small ups and downs frequently. Until something huge happens there is absolutely no way to change this course.
Things weren't looking that great even before the selloff started, and to my knowledge there's really been no big news since the start of this besides a few rumors of a Chinese ponzi starting to sell off the coins it's swindled from investors that I've mostly dismissed. Just seems like people started to panic sell into the dump and it just kept accelerating even though most indicators showed things were extremely oversold for hours before we bounced up from the upper $9400s. We're still doing pretty well considering how quickly we rose into this price range, and we may even be poised for another bounce considering how big and continuous that selloff was.
This thread is FUD 
Bitcoin itself is slowly increasing in value. No stock is ever a straight line.
The decline is good because all short-term-trader n00bs will get burnt and leave.
When Bitcoin goes full-bull we will get a way better ATH this way
Bitcoin itself is slowly increasing in value. No stock is ever a straight line.
The decline is good because all short-term-trader n00bs will get burnt and leave.
When Bitcoin goes full-bull we will get a way better ATH this way
It aint even a new thing that happens with BTC.
Time to get used to it even if you are just starting.
This will happen over and over again and if you are in panic then wrong decisions might be made.
Also, you are putting it already in 9k position while estimated it is still 10k price. Calm down. It will be worse if it goes 6k again.
Time to get used to it even if you are just starting.
This will happen over and over again and if you are in panic then wrong decisions might be made.
Also, you are putting it already in 9k position while estimated it is still 10k price. Calm down. It will be worse if it goes 6k again.
Why the fuck is bitcoin declining, any FUD new or any whales dump? Dropped now from $11k to $9k
We fucked up many times like this and yet we are still here and making a big progress every year. This is normal dude, i saw a lot of price movement like this and made money thru this trend. There might be a fund news around the world but hopefully we still on track going up. Buy bitcoin, its cheap or wait for the bottom. 
Why the fuck is bitcoin declining, any FUD new or any whales dump? Dropped now from $11k to $9k
It is possible that it is only natural dump, identical to what has been going on for weeks, but summer time is ideal for whales to catch small fish in large quantities. Be happy that we are close to $10k, anything above that is just a trap, real pump will have to wait a while longer.
On the other hand, if you want to blame someone for the recent fall, this is the best candidate :
https://www.binance.com/en/support/articles/360032315391
A whale made a bet with CZ and is now shorting bitcoin so that he can win the bet. As simple as that.
and where is the source of it?
Old news, you can read about this bet here : https://bitcointalksearch.org/topic/bitkrabs-learn-from-this-case-and-be-extremely-careful-with-artist-scammers-5175135
Why the fuck is bitcoin declining, any FUD new or any whales dump? Dropped now from $11k to $9k
No news that I've read, but dropping $2000 when bitcoin is above $10k isn't unexpected, and there's no reason to panic. Hell, it was at $9k just a week or so ago, wasn't it? What you're seeing are normal market movements, and my guess is that there are a lot of people taking their profits. That's healthy. Would you be happier if bitcoin shot up to $15k, $20k within a month? I wouldn't, because at that rate there's no way the price would be able to sustain itself.It's not a 'problem' as long as this is the low and we leave it at that, because that would mean we have another higher low.
It might be, it might not be the low--who knows. Everyone should keep the current price in perspective, however. It wasn't too long ago that bitcoin was trading 3X less than it is now. Where it's at right now is pretty damn sweet in my eyes, even if it's dropped a lot in the past day. A whale made a bet with CZ and is now shorting bitcoin so that he can win the bet. As simple as that.
Funny thing is that ALWAYS when are bombastic news presented like bitcoin 15 000 usd til end of week, goldman sachs analyst confirms the trend is bullish and we will see 13800 usd in few hours.. always it goes down.
Now that you can predict Bitcoins price, nothing can stop you from being filthy rich
Why the fuck is bitcoin declining, any FUD new or any whales dump? Dropped now from $11k to $9k
maybe the answer is because of this:
$3B Ponzi Scheme Is Now Allegedly Dumping Bitcoin by the Hundreds
A whale made a bet with CZ and is now shorting bitcoin so that he can win the bet. As simple as that.
and where is the source of it?
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This price still a high price for me, at least, the price a stable in $10k although bitcoin price cannot stable at that price or down to the lower price. With $10k, I think we can find a way to make a profit especially if the price can go up and down many times, but if you think that the price still going to down, then you don't have to buy bitcoin for a while. You can watch the price moves while you can decide to buy it later when the price reaches the lowest price. There is no need to complain about the price down because the price will be increased again soon. It is just another correction for the price.
Don't worry this is just an initial reaction in relation to stocks dropping, this is just temporary and eventually Bitcoin will be back to its uptrend movement. It has been noted in the past that bitcoin is independent with stocks, so there's nothing to worry if you trust the market, besides, bitcoin dump many times and we are still here and we the price now is higher than the starting price this year.
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