Topic: Major dump started like 5 minutes ago - page 2. (Read 627 times)
What can we expect after the dangerous spike, expect a hard dip at anytime without a warning. Most likely a common scenario in crypto market, but this type of scenario always opens opportunity for new entrants then another cycle will follow.
Bitcoin is down and altcoin is hit by REKT, it's really sad, I already bought altcoin when Bitcoin went up but unfortunately altcoin doesn't have a good reaction, and finally Altcoin is all down, will there be any more hope?
The price fall on altcoins are also just similar to the bitcoin dumped value's so I don't think we should feel too low now, we also need to consider how much the prices were a month ago so still its a great recovery from the pandemic and good bull run when halving event is going to happen.but Altcoin there is no increase and tends to be stable, different when we were in 2017, Altcoin gave a positive trend too
Calm down, bitcoin went under $4k and it still managed to go above $10k, do not panic like this, haven't you learned anything even just from the past 3 months, let alone the past 3 years? Bitcoin is something that goes down and goes up, if you are fearing about the price when its going any direction, that means you really don't know much about bitcoin at all. Just focus on when it will get back, buy some more when it is lower and just try to wait until it goes back up, keep buying as long as it is lower, and it WILL go up eventually.
I am not really believing this fall is something that is long term, I think this was a short term fall and the price will go back up above $10k quite quickly as well, so I am not moving at all, I am in profit anyway since I bought at $6k.
I am not really believing this fall is something that is long term, I think this was a short term fall and the price will go back up above $10k quite quickly as well, so I am not moving at all, I am in profit anyway since I bought at $6k.
Could this be a pope's trap before halving happened so many traders were panicking?
This decline is quite short where all the crypto market prices are going down quite high and yesterday I was expecting 10k bitcoin or it didn't happen and now it even goes down I don't know what news is with bitcoin?
But here I will think positively where bitcoin will recover after halving. I am sure this is only temporary and will not be long so I better not panic in dealing with things like this.
This decline is quite short where all the crypto market prices are going down quite high and yesterday I was expecting 10k bitcoin or it didn't happen and now it even goes down I don't know what news is with bitcoin?
But here I will think positively where bitcoin will recover after halving. I am sure this is only temporary and will not be long so I better not panic in dealing with things like this.
Bitcoin is down and altcoin is hit by REKT, it's really sad, I already bought altcoin when Bitcoin went up but unfortunately altcoin doesn't have a good reaction, and finally Altcoin is all down, will there be any more hope?
The price fall on altcoins are also just similar to the bitcoin dumped value's so I don't think we should feel too low now, we also need to consider how much the prices were a month ago so still its a great recovery from the pandemic and good bull run when halving event is going to happen. 
Bitcoin is down and altcoin is hit by REKT, it's really sad, I already bought altcoin when Bitcoin went up but unfortunately altcoin doesn't have a good reaction, and finally Altcoin is all down, will there be any more hope?
It freaking went to heaven for just 2 days. 
That was expected though.
It was also fast when it went to 10k.
7.7k in April 28 and then 10k May 7. It was just 10 days. Some will say this is just another correction.
But for me, it was profit already for that stimulus check they used. They are just taking it.
That was expected though.
It was also fast when it went to 10k.
7.7k in April 28 and then 10k May 7. It was just 10 days. Some will say this is just another correction.
But for me, it was profit already for that stimulus check they used.
They are just taking it. We can't really be sure if those who have received the stimulus package put everything in bitcoin market. I highly doubt that theory, anyways, $8700-$8800 is the current price, are we expecting another dump pre-halving? Maybe I have the misconception that the dump should be happening right after not before, so I was wrong. So it's clearly some sort of manipulation again and many has fallen for the trick. And when we hit that mental barrier of $10k, time for the whales to get their profit. There is still a scenario that if bitcoin fell after the halving, $7700 will be a good support level for a bull run. So let's see how the market will move post-halving.
It freaking went to heaven for just 2 days.
That was expected though.
It was also fast when it went to 10k.
7.7k in April 28 and then 10k May 7. It was just 10 days. Some will say this is just another correction.
But for me, it was profit already for that stimulus check they used. They are just taking it.
That was expected though.
It was also fast when it went to 10k.
7.7k in April 28 and then 10k May 7. It was just 10 days. Some will say this is just another correction.
But for me, it was profit already for that stimulus check they used.
They are just taking it. 
BTC down to low 8000s right now
That's not major dump for me since we have seen a bad dumps which is totally bad than this so maybe just try to relax if you are afraid with this since for sure this dump is temporary since we have halving coming on its way and provably we will see a good pumps rather than bad dumps when this event occur.
Also try to see the price is much good compare to several months.
speculations and presumptions floating around.Come to think that this is just a few percentage dump and just like a typical day in crypto where price can go down $1k in a short span of time.
Lucky for those who do set take profits in 9500-10k and just waiting up for some correction and it did really happen. 9k support is already a good spot but the price dip down even way more better.
We cant even tell if this one would be the new floor before the price shoot up in 5 digits once again?
Just as the pump happened a few days ago, so did the dump - nothing new for BTC, a change in price like this is quite common. The dump usually happens over the weekend which was the case here, apparently in an attempt to catch most people unprepared. This looked like a very well-prepared bull trap that used halving as bait, and there is no doubt that a lot of small fish were caught on that bait.
Yet at this point, $8500 seems to have been the bottom line, and we are slowly recovering. Maybe some are disappointed, but let's remember that 2 months ago when the situation looked much worse than today and I don't think anyone should be ungrateful that we actually returned to the level where we were before the big dump.
Not forever, but maybe for a very long time. Aside from the fact that some people learn from their mistakes, there are always some new ones coming who have no experience and become weak hands whenever they get caught in a trap. I may not even blink an eye at something like this, but someone who has invested recently will definitely be in a panic when he sees that he has lost 10% overnight.
Yet at this point, $8500 seems to have been the bottom line, and we are slowly recovering. Maybe some are disappointed, but let's remember that 2 months ago when the situation looked much worse than today and I don't think anyone should be ungrateful that we actually returned to the level where we were before the big dump.
the problem with manipulation is that it can't be done forever. at some point people catch up and learn about how it works and go against it and make even more money while the manipulators lose money.
Not forever, but maybe for a very long time. Aside from the fact that some people learn from their mistakes, there are always some new ones coming who have no experience and become weak hands whenever they get caught in a trap. I may not even blink an eye at something like this, but someone who has invested recently will definitely be in a panic when he sees that he has lost 10% overnight.
I am more and more convinced of this and if this continues it will only be causing many to lose money and hope
the problem with manipulation is that it can't be done forever. at some point people catch up and learn about how it works and go against it and make even more money while the manipulators lose money. it is like 2017 when a large group of big whales were trying so hard for about a month to dump the price and ended up broke due to the huge amount of money they lost trying to go against the market.
the dumps like this 30 minute one are usually because of the bots and stop losses of the panicky traders who place them in a way to "panic sell" automatically when there is a drop starting.
this cryptocurrency market is scary:
in 30 minutes we had a dump like this, in the past i've seen a bigger dump in a few minutes. it seems that people who theorize about the existence of whales manipulating the price may be right, I am more and more convinced of this and if this continues it will only be causing many to lose money and hope
3 Reasons for the Bitcoin Price ‘Halving Dump’ From $10K to $8.1K
we are really lost with these whales
in 30 minutes we had a dump like this, in the past i've seen a bigger dump in a few minutes. it seems that people who theorize about the existence of whales manipulating the price may be right, I am more and more convinced of this and if this continues it will only be causing many to lose money and hope
3 Reasons for the Bitcoin Price ‘Halving Dump’ From $10K to $8.1K
Quote from: https://cointelegraph.com/news/3-reasons-for-the-bitcoin-price-halving-dump-from-10k-to-81k
Whales quickly moved to sell BTC at the point of rejection
we are really lost with these whales
BTC down to low 8000s right now
That's not major dump for me since we have seen a bad dumps which is totally bad than this so maybe just try to relax if you are afraid with this since for sure this dump is temporary since we have halving coming on its way and provably we will see a good pumps rather than bad dumps when this event occur.
Also try to see the price is much good compare to several months.
Common movement for Bitcoin for me.
I think this tend to happen before or when it is a few days only before the halving happens. For some this is a pre halving dump of Bitcoin and I expect that there will be a post halving dump and it will happen after halving. Nothing new for me as I saw more drastic downside movement of Bitcoin and TBH, what happened last month is way worse than this dump. Right now the price is slowly recovering already at the 8500-9000$ price so yeah the dumping is over and we will see a slow rise in the next few days.. or is it
.
I think this tend to happen before or when it is a few days only before the halving happens. For some this is a pre halving dump of Bitcoin and I expect that there will be a post halving dump and it will happen after halving. Nothing new for me as I saw more drastic downside movement of Bitcoin and TBH, what happened last month is way worse than this dump. Right now the price is slowly recovering already at the 8500-9000$ price so yeah the dumping is over and we will see a slow rise in the next few days.. or is it
.could not disagree, but did not expected it, so what a heck, wait for second dump after halving to strengthen my portfolio, dump after halving should be expected, even with this one happen?
Common movement for Bitcoin for me.
I think this tend to happen before or when it is a few days only before the halving happens. For some this is a pre halving dump of Bitcoin and I expect that there will be a post halving dump and it will happen after halving. Nothing new for me as I saw more drastic downside movement of Bitcoin and TBH, what happened last month is way worse than this dump. Right now the price is slowly recovering already at the 8500-9000$ price so yeah the dumping is over and we will see a slow rise in the next few days.. or is it.
I think this tend to happen before or when it is a few days only before the halving happens. For some this is a pre halving dump of Bitcoin and I expect that there will be a post halving dump and it will happen after halving. Nothing new for me as I saw more drastic downside movement of Bitcoin and TBH, what happened last month is way worse than this dump. Right now the price is slowly recovering already at the 8500-9000$ price so yeah the dumping is over and we will see a slow rise in the next few days.. or is it
. 
I don't know exactly what happened there, but surely this is like a massive sell out from the whales? I could be mistaken, but Bitcoin was just swinging from almost $10,000 to $9,800. With the sudden dump, this was an unexpected to happen before the halving. If this has been caused by short traders, a -10% drop might be too big for that.
Anyway, dump is already been expected, but It came in too early? Though this is not a major dump anyway.
Anyway, dump is already been expected, but It came in too early? Though this is not a major dump anyway.
Now, the price is down for $8,800 level so it might down again in the next week. But we hope that the price will not go down too far. At this moment, many people panic because the price can down for more than $1k in just one day, but we already see the price start to go down in a few days ago. I think the dump is at the right time, and maybe it is like a reset button for bitcoin price, or we will see a major dump later. The market still in unpredicted situations, and I hope we can prepare for the best.
I don't know exactly what happened there, but surely this is like a massive sell out from the whales? I could be mistaken, but Bitcoin was just swinging from almost $10,000 to $9,800. With the sudden dump, this was an unexpected to happen before the halving. If this has been caused by short traders, a -10% drop might be too big for that.
Anyway, dump is already been expected, but It came in too early? Though this is not a major dump anyway.
Anyway, dump is already been expected, but It came in too early? Though this is not a major dump anyway.
I expected a dump to happen after the halving
this seems to be a common expectation on every halving. at least the last two that i have seen. and the thing is that the dump comes before halving not after it. and the reason is always because of the hype. people buy when hyped up and sell as the hype wears off. it is also obvious from the chart as there is a big ass red candle showing the ~14% drop in less than 3 hours.
BTC down to low 8000s right now
Days before Halving we had this another major dump,this is very sudden because the lastthing that i would think to dump is today.supposedly
pumping is what happening now but reversed comes,but I don’t lose hope because we have
this market movement for how many times just this year
alone so growth might come the next days or another dump who knows?just let it be and
i am ready to purchase again once the price falls down to 7k$ again.
The relatively straight index has been shown over on the four hour and daily chart for some days now and if not how volatile bitcoin is we should expect nothing but dump and that is what happens.
Jump to: