Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Cryptocurrency Price Speculations => Topic started by: Rehan Zakir on April 18, 2021, 09:08:18 AM
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Title of this topic tells about the bitcoin dump.
Today Bitcoin price dumped from 60500$ to 51500$. A bid dump of approx 9000$, that's why i say that today is the bad day for Bitcoin holders.
Please give your suggestion what is the Bitcoin next move??
(http://<blockquote class="imgur-embed-pub" lang="en" data-id="a/HOzMvAp" ><a href="//imgur.com/a/HOzMvAp">btc price</a></blockquote><script async src="//s.imgur.com/min/embed.js" charset="utf-8"></script>)
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You can look at the price drop from a different perspective. Why would it be a bad day when BTC holders can choose to buy more at a lower price? Besides, it already bounced back to $55K.
Read The Shakeout https://www.altcoinstalks.com/index.php?topic=205606.0 to know what potentially caused the correction or what I believe as panic selling.
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You can look at the price drop from a different perspective. Why would it be a bad day when BTC holders can choose to buy more at a lower price? Besides, it already bounced back to $55K.
Read The Shakeout https://www.altcoinstalks.com/index.php?topic=205606.0 to know what potentially caused the correction or what I believe as panic selling.
A person who take a long position on price 60000$. So, now these person are in huge loss and most of them account's liquidate. In this sense i have said that today is a bad day for bitcoin holders.
But dump creates a buying opportunity for whalers.
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A person who take a long position on price 60000$. So, now these person are in huge loss and most of them account's liquidate. In this sense i have said that today is a bad day for bitcoin holders.
So you are actually talking about traders who got liquidated? If so, they are not holders.
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Today's market crashed, I already lost . more than $2400 dollars. What's a panic day for me !.
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Today's market crashed, I already lost . more than $2400 dollars. What's a panic day for me !.
You will only lose that $2400 if you sell Bitcoin now, if you don't sell, that difference could be recovered on the next raise, so you won't have lost anything until you've sold. What I personally do at times like this, when the market goes down, is wait. So then I avoid having to regret it, and even though I don't earn, I don't lose either.
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Today's market crashed, I already lost . more than $2400 dollars. What's a panic day for me !.
You will only lose that $2400 if you sell Bitcoin now, if you don't sell, that difference could be recovered on the next raise, so you won't have lost anything until you've sold. What I personally do at times like this, when the market goes down, is wait. So then I avoid having to regret it, and even though I don't earn, I don't lose either.
May be it's a another chance of buying bitcoin below $54000 . I think Bitcoin will hit immediately $75000 next bull.
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Today's market crashed, I already lost . more than $2400 dollars. What's a panic day for me !.
Yes mate you get another chance to buy bitcoin in law price which. Perhaps it is the last chance to buy the low price of bitcoin. If you look at last year’s chart you will see that when Bitcoin crossed $20,000 it repeatedly goes under $20,000. I think this is also an indication.
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Yes, it is a very bad day for crypto because Erdogan has banned crypto in Turkey. He don't want people to avoid his turkish nationally currency, so he tries to enforce own rules. It is a bad day especially for all turkish crypto business.
But his ban will only be negative actually and when crypto becomes stronger, price will go up again.
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It is normal for the cryptocurrency market to fluctuate so no one will be disappointed. There is nothing to be disappointed with the fact that the price of Bitcoin will fluctuate. When the price of Bitcoin will not decrease in the cryptocurrency market, its price decreases and increases according to the market rules. But Bitcoin I think will pump up to 80,000. There is no doubt about this. If at any time the price of Bitcoin drops a little, no one will feel uneasy.
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It is normal for the cryptocurrency market to fluctuate so no one will be disappointed. There is nothing to be disappointed with the fact that the price of Bitcoin will fluctuate. When the price of Bitcoin will not decrease in the cryptocurrency market, its price decreases and increases according to the market rules. But Bitcoin I think will pump up to 80,000. There is no doubt about this. If at any time the price of Bitcoin drops a little, no one will feel uneasy.
You are saying right. We are earning money due to the price fluctuations in the market. But a sudden dump or pump liquidate the futures trades. And the whalers get benefit from this thing. So, if you are holding a coin in spot account so don't worry your loss will be recover within few days.
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I do not think that something critical has happened, since such price drops occur periodically, this is normal for the cryptocurrency market. By the end of the year, the price may well reach $100 thousand or more, for this there is a favorable environment and a positive mood among investors, especially among large investment funds
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Yes I believe that it was a bad day for bitcoin holders.We know that cryptocurrency market is alowes depend on pump or dump.So I think that when we invest or hold bitcoin offcource we alowes observe the cryptocurrency market position. Because it's the main reason for cryptocurrency market.So I believed that gradually Bitcoin price will increase, and holders are benifted by cryptocurrency market.
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You may think that today is a bad day for Bitcoin but it is also true that it can be a good day for someone else. This is a common thing in the trading market.
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This is very sad news for us. Because the price of this bitcoin was going to increase but the bitcoin is dumping a lot today. Too bad for those who held Bitcoin News. But I think the price of this bitcoin will pump again in a few days. And on the other hand, it's a lot better for us because those of us who want to hold Bitcoin, if we buy it now, it's better next time.Can bring the Prophet.
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At present, the price of Bitcoin has come down a lot. A misinformation has spread in the cryptocurrency market. I think that’s bad news for the community. Lately, it is heard that China has burned bitcoin. This news is completely wrong. Maybe that's why the price of Bitcoin is going down a bit.
The real news is that China has been conducting legal research on bitcoin transactions for a long time. But Bitcoin has never been suspended. So I think not every community should be frustrated. Wait, be patient and trade.
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Now is not just a bad time for bitcoin holders but a bad time for all investors.In the cryptocurrency market, the price of all coins is always falling.Bitcoin has dumped the most amount.None of us could have imagined that the market would dump so much.But we all know that anything can happen at any time in the cryptocurrency market.However, those who have traded on this coin should trade because the price of Bitcoin will definitely increase.
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Bitcoin has already fallen in price to 39,770 dollars. After its price, about $ 64,000 is a very big drop. It is also possible that this is not the limit. There are forecasts for its possible drop to 33,000 - 34,000 dollars. We know that such periodic drops are inevitable. Now the question is how long such a fall in prices will continue. If the market is not restored in the near future, then, most likely, such a state can last already before autumn.
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This day concludes also the bad day not only for Bitcoin Holders, But also for the whole cryptospace. Bitcoin's Price crashed into $39k and other altcoins crash 30-50% this day. But, remember that cryptospace market is extremely volatile that sudden news or events may dictate to its price action. But, don't worry. This is a healthy cycle for the next pump.
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This day concludes also the bad day not only for Bitcoin Holders, But also for the whole cryptospace. Bitcoin's Price crashed into $39k and other altcoins crash 30-50% this day. But, remember that cryptospace market is extremely volatile that sudden news or events may dictate to its price action. But, don't worry. This is a healthy cycle for the next pump.
That volatility that we all know (or should all know) is what makes the crypto ecosystem unmatched and is what gives us the opportunity to invest in coins / tokens that were very expensive for us just a short time ago. It is also what keeps the market alive, allowing new investors to join the game. One step back to gain momentum.