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Topic: BITCOIN Price surges over 9k$ but suffers massive dump (Read 841 times)

hero member
Activity: 938
Merit: 501
I saw this quick pump in the price of bitcoin and i was so happy i was able to make some good profits through that small window. So many missed it because it was a flash of pump and later dumped. But don't worry guys, it's going to cross the $9000 mark again and move on further.
hero member
Activity: 3178
Merit: 661
Live with peace and enjoy life!
Good for us, but after that it was a corretion once again, but.. we are back now at $8500 which is a good price and this is good to know that bitcoin ain't dumping anymore.

There are big support now, slowly we are raising up and every time we achieve a high price and we are down it wasn't a problem based on the short term price trend since it always end up us moving 1 step backward and 2 steps forward.
member
Activity: 336
Merit: 12
No retreat no surrender is the way I see bitcoin movement now ,even after the price dump its making moves again,presently back to 8500$ ,many did took the advantage of the ATH I guess that's why it drops
legendary
Activity: 1946
Merit: 1137
Between a twinkle of an eye it all happens, btc hitting 9k and suddenly dumps down to 8k+, but i think btc preparing to hit next target 9k and then will stay there a bit before some correction then keep moving, from now till year end we would be seeing more of this up and down, big whales having fun at our expense Grin, it is going to be a bumpy ride.

it is not all big whales, it is the market in general that is pushing the price upward and only certain whales who don't want to see it because this recent drop was clearly a whale panicking because he didn't accumulate enough and didn't want to see $10k+ this soon. of course we weren't ready for that kind of big rise this soon either but the whale panic after that rise was the main reason why $9k+ only lasted a couple of minutes.
hero member
Activity: 2562
Merit: 577
Between a twinkle of an eye it all happens, btc hitting 9k and suddenly dumps down to 8k+ but i think btc preparing to hit next target 9k and then will stay there a bit before some correction then keep moving, from now till year end we would be seeing more of this up and down, big whales having fun at our expense Grin, it is going to be a bumpy ride.
member
Activity: 994
Merit: 20
Bitcoin jumped to 9 thousand dollars because of a huge amount of selling transaction. It is now testing 9k. I think it will reach to 9k dollars in a short time and will stay at it for some time.
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
Lol! It was as if BTC hitting 9k angered the whales or whoever is manipulating the market next thing i saw was a massive dump with speed, panick sellers running helter-skelter to sell Grin
never seen BTC dump so fast Shocked that clearly shows that there are big player's doing what suits them, i know btc will hit 9k and above whether the whales like it or not.

This price movement will happen again and again but the good thing is that the bitcoin is still growing everyday so the price is increasing instead of decreasing. There will be whale manipulation to get their profits but the adoption can't be manipulated. So no doubt, bitcoin will grow steadily because of these adoptions.

hero member
Activity: 1400
Merit: 505
It could have been 10k $ , but let's just hope this pit gets filled soon.
Also the good thing is , even after the huge sell off it still managed to trade @8.5k $ , that's why I believe the bull Market is going to take it way further than we can imagine.
There was a massive sell off and the resistance was much bigger this time around and i am waiting to see if the price will cross the $10 K barrier in the next two months and if that happens we might see a big rally to touch the all time price valuation we had in 2017, it is a really interesting couple of months of the bitcoin market and it all depends upon how the market will react in the next two weeks.
member
Activity: 1260
Merit: 21
Lol! It was as if BTC hitting 9k angered the whales or whoever is manipulating the market next thing i saw was a massive dump with speed, panick sellers running helter-skelter to sell Grin
never seen BTC dump so fast Shocked that clearly shows that there are big player's doing what suits them, i know btc will hit 9k and above whether the whales like it or not.
newbie
Activity: 55
Merit: 0
i guess we will have a grow again soon !
member
Activity: 364
Merit: 10
Hey everyone
Finally we did attain a milestone of 9000$ that was long awaited.
We we're actually dancing between the price of 8.5k and 8.7k $.
Unfortunately it suffered a massive dump and lost 500$,
Now trading at near 8.5k $ , it's hard to see the market pull through if we just sell at those important moments.
What I feel is , it's moment like these that actually are the most critical for any market , if people support and if they instead of selling hold onto that , the price will only become stronger .
It could have been 10k $ , but let's just hope this pit gets filled soon.
Also the good thing is , even after the huge sell off it still managed to trade @8.5k $ , that's why I believe the bull Market is going to take it way further than we can imagine.
9k is not all and there is no limit to bitcoin in today's trend. Consistent with Bitcoin halving No 3. Indeed, when the amount of bitcoin produced is less and less, the value of bitcoin is hard to imagine. But really happy with 9k on the last day of May. We see the market moving and heading to the new trend.Smiley
copper member
Activity: 455
Merit: 0
No need to worry too much because the decline conditions like that are normal for the market, keep holding and be patient because bitcoin is still able to pump.
hero member
Activity: 3178
Merit: 977
www.Crypto.Games: Multiple coins, multiple games
Massive dump? What on earth are you going on about? Everything seems fine and BTC has settled in the $8K currently and will begin moving towards the $9K in the near future. Corrections are a part of the game.

You should be happy that it keeps correcting its value regularly proving that this is organic growth overall instead of a pointless spike.
hero member
Activity: 3052
Merit: 651
Well, small investors will have that doubt to sell or not. Do bear that in your mind.

Not just because there is a possibility they will sell can also affect the value of bitcoin way too large.
Be afraid if whales will be the one doing it. Also, if the price suddenly goes low and then continues to go down. A panic is already happening at that mode and you might as well ride it before it went to a price that you will regret not to sell.

It happened before and it might still happen  because of fear that this price wont be reached again.
full member
Activity: 868
Merit: 185
Roobet supporter and player!
It might be a change of trend, according to the analyst. Usually, I have three waves before I determine that the trendline will change. However, I am pretty cool that in cryptocurrency, there is no impossible. All of things are possible in crypto space, why? Because even the largest resistance can be broken by bitcoin.
sr. member
Activity: 574
Merit: 251
Hey everyone
Finally we did attain a milestone of 9000$ that was long awaited.
We we're actually dancing between the price of 8.5k and 8.7k $.
Unfortunately it suffered a massive dump and lost 500$,
Now trading at near 8.5k $ , it's hard to see the market pull through if we just sell at those important moments.
What I feel is , it's moment like these that actually are the most critical for any market , if people support and if they instead of selling hold onto that , the price will only become stronger .
It could have been 10k $ , but let's just hope this pit gets filled soon.
Also the good thing is , even after the huge sell off it still managed to trade @8.5k $ , that's why I believe the bull Market is going to take it way further than we can imagine.



corrections always happends , if it goes up alot it will always drop some of the gain before it moves up again, crossing 9k is a good sign for the future, and if it breakes 9k again and stays above it we are in a realy good area for the future.
full member
Activity: 1750
Merit: 118
We cannot blame people. Many BTC holders now gave up and just wanted to sell their bitcoin just to somehow cut loose or gain a little profit. That is why when the price rises people dump their BTC right away. After all, BTC is very unpredictable.
Like what you said , people only sell btc for profit , nothing more nothing less and there is no reason to give up because bitcoin itself is not dying or in a critical situation whatsoever but bitcoin is only doing a good job since we can see how its value increases thru the roof  . this is only the reason on why btc experience a dump after a pump but of course other factors do also affect the price  .
legendary
Activity: 2450
Merit: 1047
Hey everyone
Finally we did attain a milestone of 9000$ that was long awaited.
We we're actually dancing between the price of 8.5k and 8.7k $.
Unfortunately it suffered a massive dump and lost 500$,
Now trading at near 8.5k $ , it's hard to see the market pull through if we just sell at those important moments.
What I feel is , it's moment like these that actually are the most critical for any market , if people support and if they instead of selling hold onto that , the price will only become stronger .
It could have been 10k $ , but let's just hope this pit gets filled soon.
Also the good thing is , even after the huge sell off it still managed to trade @8.5k $ , that's why I believe the bull Market is going to take it way further than we can imagine.

There's always a whale that will do an exit at any point of the price, or we should treat is as a correction, and it's been part of the market, we  just have to be more confident that we are moving forward and that we will soon reach another milestone, and that is another all time high.
sr. member
Activity: 798
Merit: 255
We cannot blame people. Many BTC holders now gave up and just wanted to sell their bitcoin just to somehow cut loose or gain a little profit. That is why when the price rises people dump their BTC right away. After all, BTC is very unpredictable.
full member
Activity: 658
Merit: 100
I don't need to know how much bitcoin will fall, but just a little or more every week, bitcoin is still worth it, what you say is that bitcoin reaches $ 10k mark, yes, of course, and sure. sure it will happen.
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