Big dip here we come

[Fivestar4everMVP]

For me, it wasn't a big dip but just a minor correction, I was watching the market yesterday before going to sleep, as I woke up this morning, I saw that the market has already rebounded, so the dip wasn't due to any tweet without a source, but just a small correction, even bnb that went down below $500 usd has already risen above $500 usd as I type, so the tweet has nothing to do with the reaction of the market yesterday.

[shadowdio]

It could be that's the reason why the market face a big dump but I still believe the market will recover again. It's an opportunity to buy a cheap prices you know.. so the market will recover for sure.

[Jaephoenix]

No big dip, the correct word is correction. People who freak out every time the market receives a correction should learn more about how it works, they shouldn't start running around in circles yelling that there's a big slump because someone has made a pointless Tweet. The corrections are good and necessary, do not believe the first thing you read out there, you must contrast the information.

I don't think its a correction. This is a massive reaction to the unconfirmed SEC report and the power outage experienced in China which caused a drop in bitcoin hash rate. Anyway I may be wrong though

[Freemind]

I don't think its a correction. This is a massive reaction to the unconfirmed SEC report and the power outage experienced in China which caused a drop in bitcoin hash rate. Anyway I may be wrong though

Bitcoin is at $56,421.74 and the global capitalization at $2,058,232,491,632, I don't know where you can see that massive reaction or that big dump. Logically I too can be wrong, but so far the market has not reacted as negatively as we can read in some headlines. The next few hours are crucial to clear up doubts.

[Doctor]

I don't think its a correction. This is a massive reaction to the unconfirmed SEC report and the power outage experienced in China which caused a drop in bitcoin hash rate. Anyway I may be wrong though

Bitcoin is at $56,421.74 and the global capitalization at $2,058,232,491,632, I don't know where you can see that massive reaction or that big dump. Logically I too can be wrong, but so far the market has not reacted as negatively as we can read in some headlines. The next few hours are crucial to clear up doubts.

Bitcoin is growing up again mate, I don't believe it is massive reaction or big dump. I agree with you, it's just correction . I think bitcoin will bounce back again and touch 60K USD soon. There are negative issue, but I believe this year will be crypto year.

[gurunanakji777]

Its not a big deal we have seen it many times big dips. Yes, last 2 days were huge red for the crypto market and today we see some recovery obviously I would say its a fud. I did not see any official news regarding this. I believe whales trying to buy the dip. We should not worried about the dip we should hold tight its just a matter of time. The market will back with a bang. If there is something negative about the cryptos it won't affect the market for long I believe soon we will see the green market again.

[TomPluz]

Everything happening now is just a normal thing for the cryptocurrency market. After so many dramatic jumps we have seen with many popular and not-so-popular digital assets, we are now seeing a good rate of correction. A correction is always taken as healthy in this market which is actually already heating...maybe the market is taking some relaxation steps in preparation for much bigger pumps later. And a dip is always a big opportunity, so it is time to splurge and buy more...that is if you still have the funds, and you are fearless enough.

[zilzylian]

Don't worry about things like that, cryptocurrency has a blockchain that is transparent and can be tracked by everyone, the SEC can do an audit if it feels wrong, I think this is just a small problem, money laundering existed before cryptocurrency existed and don't panic when you see a tweet like that.

[MishaSER]

Don't worry about things like that, cryptocurrency has a blockchain that is transparent and can be tracked by everyone, the SEC can do an audit if it feels wrong, I think this is just a small problem, money laundering existed before cryptocurrency existed and don't panic when you see a tweet like that.

I can’t be calm because of this news, I lost $ 150 and I can’t recover, then I didn’t have time. I don’t know which one to invest in to get my money back.

[Arendra]

Not all coins have decreased. all you need to do is wait for the coins that fell to go back up. and play with coins that are not falling. just like this. So that you don't get too stressed about the dip.

[Fenix]

Although the price drop in the cryptocurrency market has been decent, the price of bitcoin has dropped from over $ 62,000 to $ 54,000, but this is quite normal for the cryptocurrency market. The cryptocurrency will not only rise in price, but also fall sharply. Sometimes we cannot even find an objective reason for such a fall. In this case, there is no direct such reason either, although many probable reasons are given.
With a significant growth in the market, you should always take into account that prices may fall much deeper than the current decline. Therefore, investing in cryptocurrency should always be reasonable, we must periodically fix our profits, otherwise we can be just outside observers of its growth and fall.

[Jaephoenix]

I don't think its a correction. This is a massive reaction to the unconfirmed SEC report and the power outage experienced in China which caused a drop in bitcoin hash rate. Anyway I may be wrong though

Bitcoin is at $56,421.74 and the global capitalization at $2,058,232,491,632, I don't know where you can see that massive reaction or that big dump. Logically I too can be wrong, but so far the market has not reacted as negatively as we can read in some headlines. The next few hours are crucial to clear up doubts.

Yeah, okay. It may be a correction, but how come its coinciding with the unconfirmed tweet and the bitcoin mining power outage in China? It may have coincided. But bitcoin hasn't recovered yet

[Freemind]

Yeah, okay. It may be a correction, but how come its coinciding with the unconfirmed tweet and the bitcoin mining power outage in China? It may have coincided. But bitcoin hasn't recovered yet

The blackouts that have occurred in China may be part of the reason, it depends on the hash rate that has been concentrated there, but the tweet without any source to confirm it does not, that's just FUD. And that Bitcoin has not recovered, as you say, is normal, corrections can be large or small, they are not defined by anything or anyone.

[gabbie2010]

Yeah, okay. It may be a correction, but how come its coinciding with the unconfirmed tweet and the bitcoin mining power outage in China? It may have coincided. But bitcoin hasn't recovered yet

The blackouts that have occurred in China may be part of the reason, it depends on the hash rate that has been concentrated there, but the tweet without any source to confirm it does not, that's just FUD. And that Bitcoin has not recovered, as you say, is normal, corrections can be large or small, they are not defined by anything or anyone.

I am sure  the blackout must have have restored now thus allowing miners back to work resulting to the end of dip in the price of Bitcoin, taking a look at BTC/USD daily timeframe is indicating an exhaustion on the candlestick patterns formed yesterday and today a signal that the bulls are ready to take over the market and signalling the end of the dip bullish runs is already at sight.

[Millionaire]

Let me say FUD. Where are the sources that confirm that the SEC is going to do what is said in that Tweet?. I've been looking for a few hours and I can't find any news that confirms that measure by the SEC, so I don't think anyone should trust a simple Tweet, until there is a solid confirmation this is FUD.

you're right, it's a kind of FUD.
at this time I was also looking for the truth about it but I did not find anything. and from the tweet above I can't open it, maybe it has been deleted due to many people's reports.
for me any news out there discrediting crypto, I wouldn't believe it. because all those people who want to destroy cryptocurrency. there's been a lot of this kind of news, but i never believed it