Topic: Crash or Correction - page 5. (Read 1775 times)
It is a correction.Also many people are panic selling because of FUD.Whales as usual are taking their profits.I personally think price is falling because of correction as bitcoin price rise too much in short period of time.Once the correction is over we will see a stable incease in bitcoin price
A crash is a drop of about 30% or more. That would take bitcoin to about $7700. The price is around $9700 right now - so it's a correction, and it's consolidating between $9000 and $10,000. Which is fine. It went up just too fast.
Crash , a sudden rapid drop price. Correction , a slow drop price and usually takes several times hit the market.That's the definition of crash and correction for me , i cannot judge the market yet for now.
Let's see in the next few days , but i believe this gonna be a crash. Be ready for it.
The price of bitcoin fell more than $1,000 in the span of about 10 minutes on the CoinDesk Bitcoin Price Index (BPI) today, just hours after the cryptocurrency set an all-time high above $11,000.[1]
2017-11-26 price was 8,200$
2017-11-29 price was 11,000$
2017-11-30 price 9,800$
Is this crash or small/huge correction?
Source [1] https://www.coindesk.com/bitcoin-price-falls-1000-minutes-erase-24-hour-gains/
2017-11-26 price was 8,200$
2017-11-29 price was 11,000$
2017-11-30 price 9,800$
Is this crash or small/huge correction?
Source [1] https://www.coindesk.com/bitcoin-price-falls-1000-minutes-erase-24-hour-gains/
I wouldn’t call it a crash yet but it could get there. I don’t know the exact definition of a crash, but if the price drops by 50% that would seem like we are getting to crash territory. Now it just seems like a correction or consolidation. But don’t quote me on that because I’m not an expert. Either way, I will ride it out as long as it takes because my investments are long term. I have no plans to sell for at least a few years.
Come on guys ,admit it theres no correction on the price of bitcoin its purely manipulation.
Im sure of it that next month is another ath probably 12000 to $14k.
Im sure of it that next month is another ath probably 12000 to $14k.
I think that the correction is underway, with the whole market being red and total market cap decreasing. But as it seems the market cannot really decide in which direction it is heading. But my feeling is that the correction is happening now, and if this was not it already, it is waiting around the corner and will come soon. Just my feeling though.
Seems to just be a correction. I though after going under 8500 and then going back over 10,000 yesterday we'd then see a drop down to 8000 but it didn't happen. I expect it'll be back over $11k next week and start hitting ATHs again.
A crash is a drop of about 30% or more. That would take bitcoin to about $7700. The price is around $9700 right now - so it's a correction, and it's consolidating between $9000 and $10,000. Which is fine. It went up just too fast.
It seems to me that this is not a correction. The market cannot decide what it was. Such huge surges of bitcoin have not committed more than ever. Volatility in the range of $ 2000 in two days! You have to adapt. The higher bitcoin price the more will be the oscillations. I think that next year it will be common practice.
it should be correction,
for me it's far from crash because right now Bitcoin got a lot of attention from people,
so it's impossible to see it crash and burst.
if we're looking at our movement lately we should understand that we're moving like crazy from $700 to this point,
which mean we're moving 10x from our average price which is around $700,
but i doubt it that we will see it around that much at least we will see it around $6000~$7000.
because if we're seeing it around that price,many people will suffer and i believe Bitcoin will be crash.
i believe they(whales) do not to see it and more likely they will try to tank it or stabilize it around $6000~$7000,
afterward altcoin party begin.
for me it's far from crash because right now Bitcoin got a lot of attention from people,
so it's impossible to see it crash and burst.
if we're looking at our movement lately we should understand that we're moving like crazy from $700 to this point,
which mean we're moving 10x from our average price which is around $700,
but i doubt it that we will see it around that much at least we will see it around $6000~$7000.
because if we're seeing it around that price,many people will suffer and i believe Bitcoin will be crash.
i believe they(whales) do not to see it and more likely they will try to tank it or stabilize it around $6000~$7000,
afterward altcoin party begin.
The price of bitcoin fell more than $1,000 in the span of about 10 minutes on the CoinDesk Bitcoin Price Index (BPI) today, just hours after the cryptocurrency set an all-time high above $11,000.[1]
2017-11-26 price was 8,200$
2017-11-29 price was 11,000$
2017-11-30 price 9,800$
Is this crash or small/huge correction?
Source [1] https://www.coindesk.com/bitcoin-price-falls-1000-minutes-erase-24-hour-gains/
2017-11-26 price was 8,200$
2017-11-29 price was 11,000$
2017-11-30 price 9,800$
Is this crash or small/huge correction?
Source [1] https://www.coindesk.com/bitcoin-price-falls-1000-minutes-erase-24-hour-gains/
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