What happens is a correction. Without correction there will be no recent achievements. At time like this those who have prepared will start buying back, seeing the new Ath not yet obtained and hoping that after the correction the new Ath will be seen. When we see the new Ath there will be regrets not buying it this time.
I don’t think its a correction because correction can’t happen in just one day, so for me that’s a big sell off by the whales and now we are stabilizing again, hoping that whales wont take profit again. The price of Bitcoin continues to rise though, that could be a positive sign for all of us. Just buy the good project now, hopefully we end this year with a great price. 
Topic: Bitcoin on a recovery mode - page 7. (Read 822 times)
What happens is a correction. Without correction there will be no recent achievements. At time like this those who have prepared will start buying back, seeing the new Ath not yet obtained and hoping that after the correction the new Ath will be seen. When we see the new Ath there will be regrets not buying it this time.
Following the sharp sell-off on Tuesday where the bitcoin price drops with a 10% negative movement which sees the price of Bitcoin from above 52,000 to 46,000, which is a 10% sharp dropped, the entire crypto market has suffered from the crash in price. But as of Thursday afternoon, the bitcoin market has shown some sign of recovery where the price is heading to 47k the highest since the crash.
I expected the price drop, because of the 200 btc purchased by El Salvador, the 200 btc is being dump by the seller so it has a big effect on the price, but I believe that the dropping of price will not take long it will surely recover, because after the huge drop another news is being stablish a bullish news from the Ukraine because Ukraine now legalize Bitcoin let us all wait and see the effect of this news. 
In response to this, we really have to look at previous history that has happened exactly like this, sometimes we think negatively about yesterday's dump but I see that there is still a chance for recovery and this is stuck at $46k as the base price of the dump and the rest does not exceed the $45k mark and below so it is likely that the recovery will return to its starting point as soon as possible.
We still have time to see at the end of this year whether bitcoin can redeem ATH or not clearly this is still a thought in my mind what happens next? while my mind remains optimistic on the stand about the rise of bitcoin is bound to happen.
So for now it is better to buy the Dip.
We still have time to see at the end of this year whether bitcoin can redeem ATH or not clearly this is still a thought in my mind what happens next? while my mind remains optimistic on the stand about the rise of bitcoin is bound to happen.
So for now it is better to buy the Dip.
very shocking hit this week , the 10% decline in bitcoin impacted all coins , but the bitcoin recovery is very good the price has returned to 45k $ now , and I'm sure in the next 2 weeks bitcoin will reach 54k $ again
and here I believe that investing in bitcoin doesn't have to panic if there is a decline it will definitely go up again
and here I believe that investing in bitcoin doesn't have to panic if there is a decline it will definitely go up again
There is no need keeping tabs in every btc drops because the market always finds a way to recover, the dip was sudden and took most people unawares but good thing the market is gradually coming back, most of my alts drop by 10% - 15% as well, glad to see them back green.
Chart by CryptoQuant
if you take a look at a chart, it shows the previous huge dumps. Just like what happened a few days ago, we still weren't able to reach a 50% recovery from the total percentage of the dump.
Most of these kinds of dumps on previous, it follows more dump before the price will recover. For me, what I can say is "recover" is when Bitcoin is able to get back above $50,000. But for now and coming days, it seems impossible.
But still, this is not 100% accurate, this is just based on previous price dumps of Bitcoin.
When the price of Bitcoin jumped to $52,000, I expected it to drop during the weekend but when bitcoin hold its resistance at that price till Monday know the crash and price correction was going to hit the market within Tuesday or Wednesday, but as of Thursday and Friday the market will recover a little the price may be between $48k to $49k before the weekend market happens again.
every time there is a problem there will be a way out, that's the reason many people want to adopt bitcoin, and invest in bitcoin, so bitcoin has become popular until now, and is sought after by everyone, there are even countries that have legalized bitcoin, so we all those who are here don't need to panic and never be afraid of other people's negative posts about bitcoin, because butcoins will not forever be in the red zone..
bitcoin is in the recovery method, that's how bitcoin goes, sometimes there are roads that go uphill, sometimes there are roads that go down, sometimes there are bends in the road, we hope that when we go down the road we don't need to panic, we have to relax, because in the future we will definitely find a way that uphill, and a straight road, rest assured that after dark there will be light, after red it will definitely come out green..
And that folks is the reason why a flash crash or a dip in general shouldn't scare you because at the end of the day, there will always be a recovery in prices that's bound to happen.
Following the sharp sell-off on Tuesday where the bitcoin price drops with a 10% negative movement which sees the price of Bitcoin from above 52,000 to 46,000, which is a 10% sharp dropped, the entire crypto market has suffered from the crash in price. But as of Thursday afternoon, the bitcoin market has shown some sign of recovery where the price is heading to 47k the highest since the crash.
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