Topic: BTC movement after today flash crash - page 3. (Read 593 times)
1-3% isn't a flash crash in crypto but rather a normal.market volatility that we experience almost every day. This is a normal occurrence in bitcoin so one shouldn't really expect huge price movements immediately after these things happen.i'm still skeptic of the $15K by the end of August prediction made by Tommy Lee though it's starting to happen day by day. Then again, we know how good Tommy Lee is when it comes to jinxing his own predictions so yeah, it may not happen.
This cant be of a surprise looking back how Bitcoin act on the charts, this will be nothing more then a little bump on the road.
Maybe aim for longer time periods or as stated above Bitcoin isnt for you.
Maybe aim for longer time periods or as stated above Bitcoin isnt for you.
Like I was just saying in the previous post, I'm still far from convinced by the new bull run of August. Yeah, normally Tom Lee and gang doing it up gangbang is a good enough sign for me when even Meister Keiser thinks 15k by end of month, I should be worried.
All due respect but there's a lack of volume backing up these jumps, which just suggests good old profiteering at short and sweet intervals. More of this is what we should expect, until we get more serious order depths.
All due respect but there's a lack of volume backing up these jumps, which just suggests good old profiteering at short and sweet intervals. More of this is what we should expect, until we get more serious order depths.
People really call these flash crashes now? How soft have people become. Bitcoin rose from $11,600 to $12,200 and just went back down to $11,770 today, which should still be an increase in the end so far. And you're "tired of these crashes"?
i think most of these newcomers who call these price changes "flash crash" or "pumps" aren't doing it because of the volatility. they are surprised because the "numbers" are big. otherwise if price went from $22 to $20.91 nobody would have even thought about it. why because 22 is a small number but 12200 is a big one, doesn't matter if the drops are exactly equal in size percentage wise!
this will only get worse the higher the price goes. imagine what they would say when price falls from $122,000 to $116,000. they see the $6000 difference not the 4.9%
what do you think after today flash crash of BTC from 12300 to 11600.
I admit that it was a steep downfall, probably there's a whale who dump his coins. Nonetheless, I think there's nothing to worry about so chill. Do not stress yourself so much because everything is fine. I am really tired of these crashes. It is not first time I went from profit to huge minus just in few minutes. I cant understand how this can happen.
"If you can no longer handle the heat then go out in the kitchen" as simple as that. First and foremost you should understand that market is so volatile but if you can't cope then better for you to exit. No offense but crypto investing is not for the ones with the weak heart, it is for the ones who are willing to take risk in order to earn success 
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People really call these flash crashes now? How soft have people become. Bitcoin rose from $11,600 to $12,200 and just went back down to $11,770 today, which should still be an increase in the end so far. And you're "tired of these crashes"?
Mate. If you can't handle the price volatility, bitcoin is not for you. Go invest or trade other assets instead.
Mate. If you can't handle the price volatility, bitcoin is not for you. Go invest or trade other assets instead.
Hello,
what do you think after today flash crash of BTC from 12300 to 11600. Will it get back on bull trend and get over 12k again or will it slowly fall back to 10k?
I am really tired of these crashes. It is not first time I went from profit to huge minus just in few minutes. I cant understand how this can happen.
S.
what do you think after today flash crash of BTC from 12300 to 11600. Will it get back on bull trend and get over 12k again or will it slowly fall back to 10k?
I am really tired of these crashes. It is not first time I went from profit to huge minus just in few minutes. I cant understand how this can happen.
S.
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