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Topic: BITCOIN Price surges over 9k$ but suffers massive dump - page 3. (Read 841 times)

legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
You will get massive drops when you reach physiological benchmarks like that, because people like round figure prices. A lot of traders set automated bots to sell or buy at a specific price point and most will use round figures to do this.  Roll Eyes

People also like to set goals based on specific price points, so you will find that people would say, I will sell or buy at $10 000 or $9000 and not on say, $8453 or $10349.  Tongue

member
Activity: 1021
Merit: 12
you right. take time for bitcoin grow up price up to 9k$ and it's need risk if you want to entry when bitcoin not stable or sideway. so, you must have knowledge about predict analyzes.
hero member
Activity: 2814
Merit: 576
DGbet.fun - Crypto Sportsbook
Just relax, it's not the end of bitcoin, it will again bounce back uptrend, good thing that it dump so this could good opportunity for buyers to enter at a good price.

What we waiting for?

Buy now, as eventually price will be up again and when this going uptrend, probably we are going to stay at $9000.
This pump and dump are normal since price increase thus far is already significant, and this correction is necessary.

The volume hasn't gone down, there are still a lot of traders waiting for this timing, so don't doubt, instead see it as an opportunity.
sr. member
Activity: 1316
Merit: 257
$500 doesn't make a difference, the bitcoin price is very volatile, so I think it's normal. The important thing now is that it does not fall below $8000. I also think that the bull market is coming
now BTC price in ranges $ 8200, price drop $ 500 in less than 12 hours. I had expected BTC to be fall in the past few days. in my opinion this bad trend will return to normal in a few hours.
and bitcoin price will not fall below $ 8K, I believe.
Don't panic and continue to believe in bitcoin.
brand new
Activity: 0
Merit: 0
$500 doesn't make a difference, the bitcoin price is very volatile, so I think it's normal. The important thing now is that it does not fall below $8000. I also think that the bull market is coming
legendary
Activity: 1288
Merit: 1012
Looks like we'll be able to use vegeta meme again lol. Bitcoin will bounce back again, Who knows this might be the last chance to buy in 4 figures. FOMO hasn't begun yet, I'm wondering where will the next FOMO will take us.
legendary
Activity: 3472
Merit: 10611
this was more like a panic move in my opinion, when price broke $9k there as a fear that it would break $10k and other higher levels so the dumping began to prevent the snowball effect and crush the FOMO so that the accumulation before that launch can complete a little bit more in this lower price level.
when looking at the charts, the breakout clearly had a strong momentum but the initial ~500BTC dump on each exchange prevented it from happening. and as the drop started another kind of fear began and the sell off snowballed bringing price to $8000
member
Activity: 742
Merit: 21
Be the reason someone smiles today
I think the crypto boom is happening every two years so 2019 seems to be the big year after the 2017 boom.

However, variations of several hundreds of $ per day became normal.
hero member
Activity: 672
Merit: 526
People who do not have the ability to profit from these sudden lows and highs need to start viewing only the weekly charts. Avoid graphics with short times. It is much safer to draw reasonable strategies.
sr. member
Activity: 756
Merit: 250
Just calm down, don't panic, all crypto are entering black Friday, where every Friday all of the goods experience price declines. This is precisely a good moment for us to buy back stock.
sr. member
Activity: 2842
Merit: 326
Vave.com - Crypto Casino
I believed some bitcoin hodlers sold or dumps massively at $9K a psychological zone invariably resulted to the pullback of the price. The same scenario played out when the price was about to reached $8K.
Be as it may this is a very healthy a market because it will create opportunities for new buyers to buy and accumulate now before the price regains it bullish runs again. The price volatility is massive it can dump or pump at least $500 thus there is no cause for panicking.
full member
Activity: 672
Merit: 100
The market started to change, and I saw all red. Bitcoin prices have dropped to $ 8200 after hitting $ 9000 a few hours ago. I expect Bitcoin to reach the price of $ 9000 in the following month after the current price adjustment ends. It may last for a few more days until the correction period ends.
hero member
Activity: 1274
Merit: 516
The price now show a good stability and seems like the up trend will still going up, the correction show that the market still in healthy condition, the most important is the price stability not reaching a certain number, there is no used if the price go high but got huge correction
legendary
Activity: 1834
Merit: 1036
From $9,000 down to $8,250 is not a massive dump, its just 8.3% drop and that is not new because if we look at the price history of Bitcoin there are more or there times previously the Bitcoin suffered huge loss after surging up to 10% specially today that we approach the weekend, expect that it will continue to drop and recover again on the first 2 days of the week.
sr. member
Activity: 1988
Merit: 275
Stay cool control your emotions and nothing worried just stay your patience and relax yourself, every holders have a margin price to themself when the eight time to sell their bitcoin.
8500$ to 8700$ bitcoin moving since last week is stay strong when always monitor the price in the coin market cap the price is upsurge more than 9000$, so thins coming month possible bitcoin hit 10,000$.

Short-term traders can still benefit in this situation, whereas, long term holders can still wait for the continuous growth of bitcoin. This up and down movement will always be here in the crypto trading market. Nothing really unusual for this price movement. We can only hope that it gets better and better.   Wink
full member
Activity: 952
Merit: 104
Stay cool control your emotions and nothing worried just stay your patience and relax yourself, every holders have a margin price to themself when the eight time to sell their bitcoin.
8500$ to 8700$ bitcoin moving since last week is stay strong when always monitor the price in the coin market cap the price is upsurge more than 9000$, so thins coming month possible bitcoin hit 10,000$.
sr. member
Activity: 1596
Merit: 335
I was also surprised by the super-fast movement of Bitcoin a few hours ago.
I also was a bit surprised but it had to happen somewhere along the way up. It is still fighting around the 8.3k at the moment so the masses dont seems to be panicked that much.


It's surprising and I was also surprised that the prices could go down that fast.
Panicked buying struck down the price. I won't get surprised if we wake up again with $9k value.
Bitcoin has been really unpredictable and is always changing.
hero member
Activity: 1568
Merit: 544
I was also surprised by the super-fast movement of Bitcoin a few hours ago.
I also was a bit surprised but it had to happen somewhere along the way up. It is still fighting around the 8.3k at the moment so the masses dont seems to be panicked that much.
hero member
Activity: 1274
Merit: 519
Coindragon.com 30% Cash Back
We can't force people to hold. They will surely dump once the prices go high. People's decision is uncontrollable but I'm sure that the price will surely rise up again after that huge dump. Lucky are those who are continuously holding despite all the changes in the market.
sr. member
Activity: 1330
Merit: 256
simple explanation.  but enough to describe the current market conditions of BTC.  there are only 2 choices for us.  buy or hold.  selling only makes us regret at the end of volatility.  so.  I always collect small pieces of BTC by converting altcoins to BTC.

but I always make every step of the development of BTC by check point.  and in my opinion.  BTC first check point is $ 10000.  and not yet reached.
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