Topic: Oh My God, What Happened to Bitcoin? - page 3. (Read 1546 times)
These sudden big negative news can really affect the prices. The fact that prices declined by 50% due to this means that charts will not be reliable either.
I think this is normal in crypto currency because up and down is common now all coin is down so this is the right time to buy bitcoin
I think there is nothing happen with bitcoin. Bitcoin price down and up its a natural in cryptomarket and its happen to others coin too. Many negative news about bitcoin and crypto because its growing market and some peoples with power want to take advantages on this market.
Better believe on this market and dont be panic with negative news in market
Better believe on this market and dont be panic with negative news in market
Welcome to the world of cryptocurrency where money is being played and scammers are crawling all over the place.
Yesterday, Coinrail, a south Korean trading platform, suffered a cyber intrusion that caused bitcoin prices to fall. And the decline was the highest in three months. (about 50 percent).
For me, Cryptocurrency is an amazing thing, which has changed so quickly that we can only make a rough guess by K chart analysis.
https://twitter.com/Coinrail_Korea/status/1005650529773486080
Bitcoin has a strong short position and it is aiming to push prices down to a low of $6,000 in February 2018. As you can see from the picture, the bitcoin bearish signal is still strong.
Within a week or two, bitcoin prices could fall below $6,000, and over the next 48 hours the BTC could bounce back slightly to $7,000 to $7240, before falling further.
Only if the daily closing price is above the 10MA (at $7500) can the bearish be stopped.
Disclaimer: This article is not meant to constitute trading/investment advice. Please use extreme caution when trading any cryptocurrency.
If you have different opinions, you can reply after reading.
Welcome to join our Telegram Group and discuss together.
Telegram Group
https://t.me/CRYPTO_EVEREST
Twitter
https://twitter.com/CRYPTO_EVEREST
I think it's normal now for bitcoin now to drastically drop it's price, the smart traders can make a huge profit from it in the future because they look at the situation right now as an opportunity, so if you already had a bitcoin just don't sell it just hold much better if you gonna do some accumulations, if you don't do that the smart traders can make a huge profit from your lost. For me, Cryptocurrency is an amazing thing, which has changed so quickly that we can only make a rough guess by K chart analysis.
https://twitter.com/Coinrail_Korea/status/1005650529773486080
Bitcoin has a strong short position and it is aiming to push prices down to a low of $6,000 in February 2018. As you can see from the picture, the bitcoin bearish signal is still strong.
Within a week or two, bitcoin prices could fall below $6,000, and over the next 48 hours the BTC could bounce back slightly to $7,000 to $7240, before falling further.
Only if the daily closing price is above the 10MA (at $7500) can the bearish be stopped.
Disclaimer: This article is not meant to constitute trading/investment advice. Please use extreme caution when trading any cryptocurrency.
If you have different opinions, you can reply after reading.
Welcome to join our Telegram Group and discuss together.
Telegram Group
https://t.me/CRYPTO_EVEREST
https://twitter.com/CRYPTO_EVEREST
In my opinion we shouldn't sell now though, because there will be bumps again, just to try to make money by trading
whether the factor of the increasing number of ICO bitcoin also decreased so that many new coin that appear in cryptocurrency that could be the existence of bitcoin increasingly does not spin in the trading of digital currency?
Bitcoin price in the market still not too stable because it is falling from 6700 to 6500 in less then 2 hours now.
But usually after the falling, it will bounce back with a higher price.
The correction of bitcoin is often like that, and other altcoins as well.
But usually after the falling, it will bounce back with a higher price.
The correction of bitcoin is often like that, and other altcoins as well.
As of now bitcoin value are continuously dropped that cause of panicking of many investors. But knowing the flow of the system I must say that we don't need to worried and panic because I believed that this is only a normal part of it's circulations or movements and sooner or later it will be bouncing back again.
Nothing to worry, bitcoin will recover its value very soon. It is also fact that in 2018 bitcoin has to suffer so many times due to some different reasons; banning bitcoin by social media was a major reason but we can’t say crypto going to die.
Thanks for the info. Yes, now is the time when you need to carefully buy or sell this or that crypto currency. With Bitcoin is going on incomprehensible. I hope soon bitcoin will return to the path of increase.
Nothing wrong dont be panic just look at the previous graph i hope you will be clear . Before last couple of month ago btc touch the 6 k price so i am not panic in this price i am stay hold my btc and try to invest again btc .
The problem is that huge amounts of Bitcoin is in the hands of young investors (mostly in their teens or 20s), who are very susceptible to panic selling. So events such as exchange hacks can bring down the prices by 10% or more in a single day.
The information you give me is just one of the many causes of bitcoin discount. I'm a bitcoin person. I bought bitcoin a lot of times. Prices range from 8k to 9k. But at the current price I have lost a lot
Get ready to lose a lot more. A fucking lot more. Bitcoin/Tether is about to crash due to scam of $2.6Billion. Tether is fucking us at the moment because we are knowing the real truth about it, that is the main reason of why a lot of people are leaving bitcoin because of it
Tether fucked everyone. It will blow up very soon and Tether will go to zero leaving many people with nothing. What a shame that such a scam has destroyed fair trading in Bitcoin. The result is sure to be very bad for a long time. I don't think it can recover. Nothing to happen with bitcoin everything will be okay . Don't be hopeless dear bro .
+1, and we can see now that bitcoin price is getting up on it.
everything will go back to normal and we will see it again to go beyond 10,000 USD!
and more that 20K USD before the year ends.
Bitcoin has major support at 6000$ but in my opinion btc will break that support.Bitcoin needs correction to grow again.
I think everyone need to be patient and wait for the right time.
I think everyone need to be patient and wait for the right time.
The information you give me is just one of the many causes of bitcoin discount. I'm a bitcoin person. I bought bitcoin a lot of times. Prices range from 8k to 9k. But at the current price I have lost a lot
Bitcoin is at a great danger and it is a serious matter to be discussed. I hope bitcoin can recover and will able to solve the problem in no time.
Bitcoin can go to $0 because Bitcoin is creating money from thin air.
Growing pains. Nothing unusual. All currencies experience this. Nothing to worry about. Just think of it as an opportunity to acquire more. Buy low, remember!?
Jump to: