Normal, this dump is not quite bigger, but this natural and easy to get back. I mean if Bitcoin dump you will do cutloss on other side you know that your money will back. Hold your Bitcoin and if dump buying more. No scare about dump if you HOLD Bitcoin. Except after huge pump like in 2017
[/quote]
The incident in 2017 will not be possible this year, because if it happened when the correction at the beginning of the year was seen, but it was only for a while that even bitcoin could still do ATH, so it would not be experienced by bitcoin this year. but on the contrary, bitcoin shows a significant increase due to the influence of @elonmusk buying bitcoin, which is certain to be followed by other large corporate institutions besides of course large brokers.
this year bitcoin will continue to increase, but it must be remembered that the trend that is carried out by bitcoin is quite strange, before the increase in bitcoin will be corrected even very sharply, but after that it rises and determines a renewable ATH.
actually it is appropriate to do short term because of the fast movement and the fairly good price gaps.
Topic: btc dump today and yesterday (Read 1034 times)
I think the dump situation is only for a few moment, see the price and you can all see that this year is a bitcoin year it is a year for crypto, because bitcoin really reach 60k$ which is really big enough compair to bitcoin price last bull run in year 2017 it is 2x higher than the last bull run so there is no need to worry because everything is running well just grab the opportunity if theres any for good.
a lot of fud happened yesterday, from India which reportedly banned cryptocurrencies and several other hack cases such as the Binance smart chain being hacked, making Bitcoin prices plunge 5 to 10%, but it didn't last long, because the recovery was very fast, And maybe this will be another big thing, $ 100k? or $ 300k guys? hahaha very interesting for us to watch. I think the dump situation is only for a few moment, see the price and you can all see that this year is a bitcoin year it is a year for crypto, because bitcoin really reach 60k$ which is really big enough compair to bitcoin price last bull run in year 2017 it is 2x higher than the last bull run so there is no need to worry because everything is running well just grab the opportunity if theres any for good.
Yeah, it did really go far off with 3x compared to that 2017 bull run which does really indicate that it can really go with heights with least expected and bitcoin or crypto market as a whole never fails to impress us.Talking about dump today and yesterday then treat those a typical movements because with those then we would really call it a market.We cant just see a market that would be
having a continous rise.
Therefore, the best thing to be done is to play up with those movements for your benefit or taking it as an advantage.
I think the dump situation is only for a few moment, see the price and you can all see that this year is a bitcoin year it is a year for crypto, because bitcoin really reach 60k$ which is really big enough compair to bitcoin price last bull run in year 2017 it is 2x higher than the last bull run so there is no need to worry because everything is running well just grab the opportunity if theres any for good.
Bitcoin is already above $ 56k, recently it was around $ 47k, the new ATH is reached, what people still do not understand is that the institutional investment entry will not allow Bitcoin to reach very low prices , the corrections may be to gain strength or remove bitcoins from those who panic, this is normal.
Although the most famous people have bought Bitcoin and have made it public, these things give confidence to people, the emotions that it causes make them buy massively, this results in bitcoin going up more in price.
Although the most famous people have bought Bitcoin and have made it public, these things give confidence to people, the emotions that it causes make them buy massively, this results in bitcoin going up more in price.
Correction seems not happening yet, maybe a minor correction only but now bitcoin is again going to $60k if it can break the resistance. From below $50k and slowly bouncing back and trying to be bullish again, I don't know if this time it will be successful to break a new ATH but one thing I'm certain if it break to $60k, we might see more major uptrend movement again.
Bitcoin seems so bullish this year.
Yes, the price is around $56k today, nevertheless, we have recovered already, $61k-$56k is actually not that bad. Another great opportunity to invest for all of us.
Investors see the opportunities and now they are wiser than before.
Short dump and it will bounce back, no pressures that happened even the price fall last week. Bitcoin did survive and now moving forward
again and trying to reach $60K level, I also belive that once this new ATH has been hit the impact is more positive. More investors and holders to come inside and invest with this crypto asset.
has occurred according to your forecast yesterday, ATH $ 61,711.87 - Mar 13, 2021 (3 days), but today has decreased again like the previous day at a price of $ 56,353.44.Short dump and it will bounce back, no pressures that happened even the price fall last week. Bitcoin did survive and now moving forward
again and trying to reach $60K level, I also belive that once this new ATH has been hit the impact is more positive. More investors and holders to come inside and invest with this crypto asset.
Bitcoin is indeed when from last year doing this kind of action, after receiving ATH it will be corrected downward but usually after that it will return to doing renewable ATH again.
I also believe that bitcoin will continue to move up until the end of the year and this kind of behavior will continue, if you have enough funds, that daily trading is very profitable. because the short term that bitcoin is doing is always happening, so it's not just the long term that bitcoin is doing now.
Bitcoin is already above $ 56k, recently it was around $ 47k, the new ATH is reached, what people still do not understand is that the institutional investment entry will not allow Bitcoin to reach very low prices , the corrections may be to gain strength or remove bitcoins from those who panic, this is normal.
Although the most famous people have bought Bitcoin and have made it public, these things give confidence to people, the emotions that it causes make them buy massively, this results in bitcoin going up more in price.
Although the most famous people have bought Bitcoin and have made it public, these things give confidence to people, the emotions that it causes make them buy massively, this results in bitcoin going up more in price.
Correction seems not happening yet, maybe a minor correction only but now bitcoin is again going to $60k if it can break the resistance. From below $50k and slowly bouncing back and trying to be bullish again, I don't know if this time it will be successful to break a new ATH but one thing I'm certain if it break to $60k, we might see more major uptrend movement again.
Bitcoin seems so bullish this year.
Investors see the opportunities and now they are wiser than before.
Short dump and it will bounce back, no pressures that happened even the price fall last week. Bitcoin did survive and now moving forward
again and trying to reach $60K level, I also belive that once this new ATH has been hit the impact is more positive. More investors and holders to come inside and invest with this crypto asset.
Bitcoin is already above $ 56k, recently it was around $ 47k, the new ATH is reached, what people still do not understand is that the institutional investment entry will not allow Bitcoin to reach very low prices , the corrections may be to gain strength or remove bitcoins from those who panic, this is normal.
Although the most famous people have bought Bitcoin and have made it public, these things give confidence to people, the emotions that it causes make them buy massively, this results in bitcoin going up more in price.
Although the most famous people have bought Bitcoin and have made it public, these things give confidence to people, the emotions that it causes make them buy massively, this results in bitcoin going up more in price.
Correction seems not happening yet, maybe a minor correction only but now bitcoin is again going to $60k if it can break the resistance. From below $50k and slowly bouncing back and trying to be bullish again, I don't know if this time it will be successful to break a new ATH but one thing I'm certain if it break to $60k, we might see more major uptrend movement again.
Bitcoin seems so bullish this year.
Everyone should understand that any kind of business may be up or may be down. Therefore, btc is one kind of method of business which can be up or down the market. Last few days, we saw the price btc is down but I believe that it will increase again and breaks the previous record.
the name is trading, where it can be quiet and sometimes crowded, prices can go down but it does not rule out the possibility of rising too. something like this is a day trade that goes on by itself. But if you look at bitcoin trading, it looks like it is increasing even though it sometimes goes down, it can be anticipated to bounce back. Bitcoin price will reach its best price this year, we are still waiting for a long time. 
Im told BTC is negative right now because of daily bars and reversal action but also shorter term the price has traded above then confirmed 12hr average and is above 2 day now. Its quite positive even while dollar index has gained over the last few days.
snipped~
And this makes me think about the next halving, and that $100k is quite possible to reach if the same scenario will happen 3-4 years from now.
I see some people with common sense.
Glad I'm not alone...
But beware, dump might occur, but they will try to trick us!
Glad I'm not alone...
But beware, dump might occur, but they will try to trick us!
what is behind the dump which is in progress last couple days ?
I know its volatility , but comparing to last couple months its quite bigger
Cheers
Everyone should understand that any kind of business may be up or may be down. Therefore, btc is one kind of method of business which can be up or down the market. Last few days, we saw the price btc is down but I believe that it will increase again and breaks the previous record.
The ideology is not suitable. Investment and Businesses are two different things. I would consider Bitcoin more of an investment despite of it being used in such manner. Bitcoin is more of an investment simply because there's no service being offer to the majority It is just bitcoin having a volatile market value which gives profit to its users whenever they are using cryptos or simply, the market is in favor of its behavior. Going back with the topic, it is no longer easy to ored8what could happen next because no one is certain if the market either had a crash or something is happening, which is also a part of its volatility.Most of the traders conceive BTC as an investment that can bring good grains and they are right. Despite of uncertain future and possible crash, traders are inspired by wealthy companies that suddenly invested in BTC, so if even BTC will suddenly dump to 25 000-30 000 they will continue holding and trading without excessive panic.
see various decisions depending into their own criterias or consideration towards things. Bitcoin can neither be treated up as an investment but we cant deny that it isnt just solely created just for that.
Dealing with this volatile market is no joke, this is why you would really be needing experience and knowledge to go far on this market.
its the same volatility but it got bigger because we have bigger demands in btc by this date compare to the old times .
that is proportioned but it will look ugly if we have high price but the dump were small or if we have a low price but the dump was big but everything must be in balanced .
you should be happy that btc already built a high base because if it recover it can recover big
that is proportioned but it will look ugly if we have high price but the dump were small or if we have a low price but the dump was big but everything must be in balanced .
you should be happy that btc already built a high base because if it recover it can recover big
Such idea was right, now that Bitcoin already gain that high value expect that there are lots of things to comes up. With more demands and more investors, we might see much higher value to reach.
Volatility still there and just the same, it's you who needs to adjust and not to let your guard down. Do your research and make sure to adjust when it's needed, don't rely with someone but instead learn the process. You'll be able to comes up with much better plans.
Quote
You people are getting scared just seeing tow days dump but you don't want to focus on the main uptrend line.
Very common, such fear of losing money is the main factor why people buy the fuds and forget about the long term goal.
Get used to it.This market is volatile and this wont be called like that if prices are moving in small percentage in day to day basis but there are actual days whom prices do move in extensive manner
depending on the markets sentiments specially with adoption news or some exchange hacks or unfortunate events that do happen around and if you are here for the sake of making profits
then you should know on how to ride with the waves and making yourself profitable but remember that this isnt something that you should really play on easily because chances of losing
money is high compared into those traditional markets where prices doesnt really move too much.
depending on the markets sentiments specially with adoption news or some exchange hacks or unfortunate events that do happen around and if you are here for the sake of making profits
then you should know on how to ride with the waves and making yourself profitable but remember that this isnt something that you should really play on easily because chances of losing
money is high compared into those traditional markets where prices doesnt really move too much.
A financial asset can't be moved up continuously, it is simple that market is dumped now, Remember Bitcoin continuously grew its price from 10k to 58K without having any significant correction. Now it just filled up the CME Gap, probably Bitcoin will reach new ATH within the next few weeks. You people are getting scared just seeing tow days dump but you don't want to focus on the main uptrend line.
Usually newbies or inexperienced people get so uneasy and panic once they saw a sudden dump within the price of Bitcoin right after entering the market which makes them afraid of the possible future outcomes that may arise which basically just tells how they are still not that fully understanding on how the market works which leads for those newbies to sell because of panic of loss. There are lots of reasons why the market experience pumps and dumps and you have nothing to worry about by this time for it is just a normal scenario in the market so better compose yourself on not getting into panic.
It is useless to tie BTC donwtrend to certain times i.e. today and yesterday' as I'm sure the dump will be cyclical for a while before we see any real and strong recovery. This downward trend may continue for weeks to come, all we can do in return is stay strong and hold.
BTC will see better days for sure!!!
BTC will see better days for sure!!!
Everyone should understand that any kind of business may be up or may be down. Therefore, btc is one kind of method of business which can be up or down the market. Last few days, we saw the price btc is down but I believe that it will increase again and breaks the previous record.
The ideology is not suitable. Investment and Businesses are two different things. I would consider Bitcoin more of an investment despite of it being used in such manner. Bitcoin is more of an investment simply because there's no service being offer to the majority It is just bitcoin having a volatile market value which gives profit to its users whenever they are using cryptos or simply, the market is in favor of its behavior. Going back with the topic, it is no longer easy to ored8what could happen next because no one is certain if the market either had a crash or something is happening, which is also a part of its volatility. Jump to: