Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Bobcrypto on May 14, 2021, 07:37:57 PM
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I have been hearing of Btc crash, or the word "crashed", a term used to express price decrease or a price drop; this term used gives me big concerns from among the crypto community and globally. Anything that has crashed doe not seem to exit again, unfortunately many people always used this word frequently and it give newbies in the societies a wrong impression about BTC investments opportunity. I think this is a wrong grammatical expression, and the write word should be used appropriately to express Btc fluctuations especially a certain prices dumps due to one reason or another.
In my opinion, Btc only drop, dump, experiences market dip in price and can not crash. What are your opinions?
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Maybe the trend word to use every time there is decline is crashed. For me it doesn't matter what word we use as long as we know and understand what each of us mean when we read or say crashed. We cannot change the people who are normally frequently use crashed every time there is a decline. Actually everybody understand what we mean.
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Also the grey scale effect needs to be considered and its impact (institutional money) on short term Bitcoin Price also one needs to consider fundamentals of bitcoin and emergence of more energy efficient and as secure competitive blockchains
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what is happening today in the cryptocurrency market can be the reason for quite different factors that affect the rates. but I would not panic and expect a significant drop in the rate of cryptocurrencies.
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what is happening today in the cryptocurrency market can be the reason for quite different factors that affect the rates. but I would not panic and expect a significant drop in the rate of cryptocurrencies.
Do not panic even the market fluctuates. Today maybe not the same in tomorrow where whales and sectors enter cryptocurrency investment that may increase the price to rally even longer. Time will come for bullish again after this red market. Buy low, sell high.
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The word 'crash' is too crude and harsh to used to describe price correction of Bitcoin, that word can be likened to a fall in price from 100% to 1% however some individuals in order to paint price correction of bitcoin in a bad light uses all sort of derogatory words to discredit it, in the wake of Covid-19 pandemic the price of Bitcoin was well corrected but later recovered likewise the present state of it price.
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I still believe BTC will hit 90K USD as in PlanB's S2F model, this price drop is just volatility, as you said. BTC price is recovering very quickly and will soon return to the 50K-60K price range. BTC price drop for capitalization to flow to Altcoins is necessary for altcoins season.
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I remember how now, when bitcoin collapsed to $ 3,500, everyone wrote "crash" , "scam" and where is bitcoin now...the mark of 50 thousand. $ has already been passed several times, for me the price of $ 100 thousand is no longer so fantastic, so bitcoin will always be in the trend and the most investment-attractive asset.
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In my opinion, Btc only drop, dump, experiences market dip in price and can not crash. What are your opinions?
Indeed, it'll be more better to use the words correction as bitcoin's always been on uptrend from its beginning. So, bitcoin's price drops for a certain time or a longer period of time doesn't mean to be crashed. Only those will use the "Crashed" word who thinks that bitcoin will go to zero again. So keep dreaming while we're accumulating it more in every correction.
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I have been hearing of Btc crash, or the word "crashed", a term used to express price decrease or a price drop; this term used gives me big concerns from among the crypto community and globally. Anything that has crashed doe not seem to exit again, unfortunately many people always used this word frequently and it give newbies in the societies a wrong impression about BTC investments opportunity. I think this is a wrong grammatical expression, and the write word should be used appropriately to express Btc fluctuations especially a certain prices dumps due to one reason or another.
In my opinion, Btc only drop, dump, experiences market dip in price and can not crash. What are your opinions?
I believe you are right in terms of the use of words in different market situations.
Bitcoin crash
A crash (https://www.coindesk.com/bitcoin-btc-crash-correction) is widely regarded in traditional finance as an over-10% drop in price over the course of a single day. So if this is the case, there has to be a drop of over 10% in a single day for it to be referred to as a crash instead of extinct.
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everyone has their own perception, I think "crashed" is a general term to denote a decline in the price of Bitcoin because it has reached an all-time high then the price of Bitcoin goes down, we have known Bitcoin price fluctuations for a long time, even when the price was below $7k in 2018, at that time I could only waiting for Bitcoin price to recover and now hopefully it will not happen again.
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We are familiar with the term Btc crash. The market is new Bearish, then every cryptocurrency trader is much more profitable. However, when the market situation goes down, every trader suffers. It is one thing to trade every day and quite another to trade cryptocurrency every day. Every cryptocurrency is declining in price, it is a time of loss for short term investment. Again a great time to make a profit in the future when the price of each cryptocurrency rises. This is what only cryptocurrency holders can get. Especially those who hold bitcoin.
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People are using the term "crash" to put more drama or emphasis to a certain event and in mainstream media it is meant to draw people's attention. My own image of a crash is that of an airplane that lost the control and exploded once it reached the ground or the sea for impact - the idea is that everything there is turned to nothing. Absolutely, this is not the same thing that is happening whenever Bitcoin's price can plummet. So I agree with you, the term "crash" is not the appropriate to use. However, we are living in a world where dramatization and gamification is a paramount strategy.
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I have been hearing of Btc crash, or the word "crashed", a term used to express price decrease or a price drop; this term used gives me big concerns from among the crypto community and globally. Anything that has crashed doe not seem to exit again, unfortunately many people always used this word frequently and it give newbies in the societies a wrong impression about BTC investments opportunity. I think this is a wrong grammatical expression, and the write word should be used appropriately to express Btc fluctuations especially a certain prices dumps due to one reason or another.
In my opinion, Btc only drop, dump, experiences market dip in price and can not crash. What are your opinions?
Yes, I think It's just dump, not crash. I agree with you.
if you talk about fluctuate, that's right.
Elon musk rejected Tesla payment on bitcoin, It's the reason why bitcoin dumps.
I still believe bitcoin will pump again and will touch 60K USD soon.
So keep calm and wait the market will green again.I think It's the right time to buy.
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What we usually mean by crash is something else that is absolutely over. However, dumping the value of bitcoins did not end there. Soon the Bitcoin market will turn around again. Because Bitcoin is the most reliable coin of the cryptocurrency. So these coins can be easily relied on.
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If we see Charts BTC is currently looking weak on lower TF
Its trying to sustain the level for its getting rejected from the resistance.
Currently it's around 48300 dollars its facing nearest resistance around 51500 level.
The nearest support which we have is around 46k to 47k level from which we bounced last time.
But if we break this area then chances are very high that we will visit 42k to 43k dollar area which will act as strong support.
I will repeat
If you are someone who is trading with USDT pairs, its time for you to be bit careful.
But if you are someone who is trading in BTC pair, just give some space for your SL.
Stay safe
Cheers!!!
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In the first place, Bitcoin is not crashing its price value in the market, its just only fluctuating the price but sooner or later everything will be fine and better for the long term holders of this coin anyway. this might be the plan ok the whale manipulator of. bitcoin based on what I sense to them.
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Directly if the price of bitcoin has increased a lot. However, the current market situation is much worse. Hopefully very soon the situation in the bitcoin market will be much better. Will break more previous records. Bitcoin prices have been falling dramatically for several days. Which is bad news for most cryptocurrency users. Because if the price of Bitcoin goes down, the price of other coins in the market goes down.
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The bitcoin is not breaking its value in the market, only the price is fluctuating but sooner or later everything will be fine and better for the long-term holders of this coin. This could be a wheel manipulation plan. Based on the bitcoin I understand for them.
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Prices always fluctuate, the question is why. The price dropping harshly because one guy tweeted about abandoning Bitcoin is not a good sign, even if he had a massive investment in it.
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It is not clear what is happening in the cryptocurrency market now.Every day the price of all coins is decreasing little by little.Now the price of all coins, including Bitcoin, has dropped dramatically.Now there are many investors who are in extreme danger.The value of all the coins they hold has now begun to fall.However, we are still hopeful that the cryptocurrency market will return to its previous position and even the price of all coins will start rising again.
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Bitcoin prices are going down a lot. The situation with Bitcoin is much worse now, because Elon Musk did not support Bitcoin in his tweet, but mentioned another coin. It is heard that Bitcoin will be suspended from China again. Many have thought that such news is false. Articles have been published on various cryptocurrency related news sites, where BTC has called for suspension. Due to this the market situation is deteriorating day by day.
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We are all terrified of the Bitcoin market right now. Because the Bitcoin market has dumped so much in the last few days that it's hard to say.Suddenly Bitcoin's behavior is surprising everyone. But even though the market is dumping, I don’t think the market is completely over.I hope the market will definitely turn around again.
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I think we should stop to say BTC crush as BTC pump huge in last 6 months so just say market correction always. Yes we know that this market has too much fluctuation and when we came to this market we knew about it. So why we are too worry! just give market play its own way and i think for time being everybody will be gainer.
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BTC fluacted too much in just 3 days and still, the price fluctuation is ON, many traders are now in fear that what if the BTC repeats the 2017 trend and down to the price of $5000.
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Whichever everybody knows the common point either we use crash or fluctuate we have one common word "dumping." Self explanatory as we all aware the market is volatile and will never move all the time to our own perspective even with the accordance to our short or long term prediction. Always be prepare for the next movement either dump or pump.
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All the same, it is still unclear in what state bitcoin is currently in, in some kind of limbo, and in this state it can go in any direction. I am now wary of buying bitcoin because of the incomprehensible market movement.
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It is normal that the market will go down. However, the market for Bitcoin has come down a lot lately. As a result, many are wondering if the market for Bitcoin has crashed.But I don't think the market has crashed yet. Soon the market will be in a good position again. And the prices of all the currencies that have declined will rise again.
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Pump and dump is opportunity get income we only need to prepare but most of us not. Against fear is very important and must follow by discipline. Wait and see opportunity in other coins is better, for safe we can also switch asset into USDT not DOGE.
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Bitcoin price fluctuation occurs every year and there we will always see dump and new ATH achievements after Bitcoin halving.
The current situation is a price correction before Bitcoin reaches the next high price level, no one knows why the price decline occurred in May, but some investors sold Bitcoin out of panic and we can take the opportunity of the current correction to buy Bitcoin before the price returns up to $40k
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BTC price will come down just for the little time becasue this will go high soon and i hope that time it touches the 200,000$ and i hope that time the BTC make more high price from my analysis.
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If we see the charts and follow the price action that shows the market was in the overbought area so this correction was due for a long time and we should take it normally because we see such drops earlier as well. Yes, I would also say drop rather than using words like a crash.
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Yeah Al that sounds pretty crap to me, Looks like BT aint for me either. But this time it seems to me that the price of bitcoin has been dumped a little more. However, if investors want the market Can bring back to the previous state again.Since Bitcoin is one of the best cryptocurrency coins, I think the value of Bitcoin will return to its previous level.
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The cryptocurrency market has been declining for some time now, so many people think that the price of Bitcoin will be the same as in 2018. But if we look at the market now, we will see that the price of Bitcoin has started rising and there is a possibility that the market will repeat itself. If the current price of Bitcoin can go up to 62k dollars then of course the price of Bitcoin will reach 100k dollars this year.
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Crash and Dump are almost the same with different names. Correct me if i'm wrong .
The fluctuation depends on those who define it because I am also sure that the current Bitcoin price is a dump and I am afraid to buy it.
I better wait for the Bitcoin price to be in the price of 13000-17000 USD and that is a reasonable price when Bitcoin has passed the All Time High at a price of 65000 USD.
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BTC begins to grow again and may never return to $35K, more and more representatives of the world's financial elite are adding it to their portfolio. I bought a little at the bottom, this is by far the best investment possible.
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If we see the charts and follow the price action that shows the market was in the overbought area so this correction was due for a long time and we should take it normally because we see such drops earlier as well. Yes, I would also say drop rather than using words like a crash.
I agree, drops like this are completely natural movements in the market. I don't think this means anything bad for Bitcoin, even if the Chinese regulations - which were one of the reasons Bitcoin dropped so much - affect it a lot. Bitcoin and its believers will adapt, and I think that many people will take this as an opportunity to buy.
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Big traders in the cryptocurrency market play various games with the Bitcoin currency. And the game can be moral or positive. If big business, cryptocurrency investors, rich people are spreading negative news, then we have to assume that they are spreading such news to buy those coins. That means they will be interested in buying the coins after the price goes down. They will publish good news at a later time. So the current state of Bitcoin is a little worse.
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At times, a correction is needed so that new investors can come in the cryptocurrency market, and therefore, recently the price of bitcoin has dropped very much and in general the entire cryptocurrency market has fallen very much recently and we should not be upset because of this, because there will be another bitcoin growth and growth of the cryptocurrency market, it is simply not known when it will be, perhaps this year, or perhaps in a couple of years, but new pump will be, we just need wait.
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Crypto investors watched with bated breath as the valuations of various cryptocurrencies swung wildly, hitting record high and low prices within the last months. While many saw this as a needed market correction, investors went on to report losses. Such is the crypto market, unpredictable.
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Crypto investors watched with bated breath as the valuations of various cryptocurrencies swung wildly, hitting record high and low prices within the last months. While many saw this as a needed market correction, investors went on to report losses. Such is the crypto market, unpredictable.
It must be admitted that the crypto market is unpredictable but it is also their own doing that makes this kind of movement happen. investors should, if there is bad news like anything, do not add to the burden on crypto itself, by making transactions that cause crypto to become messy.
We really cannot withstand bad news that can be corrected, but investors should see from experience, so as not to add to excessive fear, so that transactions that add to crypto are unstoppable, continue to be corrected deeper.
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BTC begins to grow again and may never return to $35K, more and more representatives of the world's financial elite are adding it to their portfolio. I bought a little at the bottom, this is by far the best investment possible.
Right. we have already gone past $35k presently trading around the $37k+ and I know it will continue to grow over the coming months gradually. Bitcoin from the previous history has gone through similar dips and the market recovered even almost around this same time so like I said, I believe we are on the way back to uptrend.
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BTC price is fluctuating. But we know the percentage of the normal fluctuation. If it is only fluctuating, it will not drop more than 10%. But in fact, it has dropped more than 40%. So, I believe that the BTC price has crashed several days ago and now it is still struggling in the market to reach higher resistance again.
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I am totally agree with you. It is a business cycle. Business cycle has recession, recovery, boom etc which are the common characteristic of every market. Crypto market is now in recession period. It will gradually recover its previous position. So the world "crash" is not applicable in this situation. Crypto market didn't crash rather it is following of business cycle. So I advised to wait for future. It will be recovered very soon.
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Bitcoin needs to do this cycle a couple more times to attract a few more investors, a very good tactic for stabilizing the cryptocurrency market. Even now, it is clear that not all projects have reached their mark when bitcoin was worth the same amount.
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In fact, Bitcoin is not like eating crush right now. This is because the price of Bitcoin is currently falling twice as much as the price is rising towards the massive comments. If the price of Bitcoin continues to fall for a few more days, it will return to normal.
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It's like that because the price of Bitcoin is always changing every day and this is something that is very normal for the price of Bitcoin, even from the price of 60,000 USD to 1,000 USD, the Bitcoin price is still the same as usual.
Don't be too surprised by the changes in the price of Bitcoin which always changes all the time because usually changes in the price of Bitcoin start with bad news and good news.
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I don't know about others, but if it drops back down to 1k after it has rallied to 60k I would be pretty concerned about Bitcoin's long-term viability.
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I am totally agree with you. It is a business cycle. Business cycle has recession, recovery, boom etc which are the common characteristic of every market. Crypto market is now in recession period. It will gradually recover its previous position. So the world "crash" is not applicable in this situation. Crypto market didn't crash rather it is following of business cycle. So I advised to wait for future. It will be recovered very soon.
I agree, it's just business of whales and big investors.
They can influence the market.Several famous people , countries also share negative news.
I think It's the reason why bitcoin price went down.
I hope market will green again and we can do daily trading.
Crypto currency is unpredictable.
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Yes brother I agree with you I think the price of bitcoin has not dropped at all maybe for some time the price of bitcoin has been dumping. Because to say crash is basically the end of the value of bitcoin I understand. But now the market has started to rise little by little. Hopefully the market will come back soon.
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Yes brother I agree with you I think the price of bitcoin has not dropped at all maybe for some time the price of bitcoin has been dumping. Because to say crash is basically the end of the value of bitcoin I understand. But now the market has started to rise little by little. Hopefully the market will come back soon.
The correction that occurs today is mostly because of the external news that makes investors afraid of a drastic drop in the price of bitcoin because of the bad news that happened. but seeing as the price is still in the $30K-$40K range then we can be sure this is the price that bitcoin wants to be able to achieve stability first, before moving back to achieve its goal which has not been fulfilled until the end of this year. if the price drops below $30K it might happen beyond our expectations and we can't conclude what will happen.
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I personally will say that this time, Bitcoin price was really chased. If it only fluctuates, it will not drop more than 10%. However, it dropped more than 40% at that time and cannot reach the initial price again at $60k.
So far, all crypto is still crashing, facing FUD that is always spread
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Are you sure about this? But why if it is only a fluctuation, the drop is very big and also significant? The price of BTC really crashed and I trust this condition. We can see how the power of Btc that is very dominant to altcoins. The drop is very high that is more than -40%.
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I personally will say that this time, Bitcoin price was really chased. If it only fluctuates, it will not drop more than 10%. However, it dropped more than 40% at that time and cannot reach the initial price again at $60k.
So far, all crypto is still crashing, facing FUD that is always spread
I agree with you, I think bitcoin crashed, but We will see bitcoin already recovering again.
It will continue to increase and increase.
So, I don't think about crash but I will hold my bitcoin until the price bounce back again.
It will happen soon. Believe it
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If everyone thinks like that, then I believe and can be sure that Bitcoin will not experience a big decline. Because when the price goes down we can calm down and not panic, and the most important thing is not to sell the coins we have, so that the price in the market can stay afloat and not get worse.
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If everyone thinks like that, then I believe and can be sure that Bitcoin will not experience a big decline.
I don't get your point, brother? Do you mean if everyone supports the Bitcoin increase, then Bitcoin will be on an uptrend again?
In fact, Bitcoin price already dropped significantly in the last few weeks. I saw my Bitcoin value has declined more than 50%, it is a big decline. However, there is always a chance for the next pump. And I hope the next pump will be higher than the decline.
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We know that bitcoin is the best valuable digital Crypto in cryptocurrency market.In the past we can see it's popularity.We also see that bitcoin price is very high level in the cryptocurrency market.We also know that gradually it's price will increase day by day.But sometimes we can see that it's price will go down.But after it's price is increasing.So if we will disappointed in this moment, I believed that it's the wrong decision.So i trust that bitcoin does not crash,but it's price will go down and up.
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That applies to every currency out there. That said, I think back when it dropped from 20k to 3k it definitely crashed.
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The word "collapse" is too harsh and too complex to describe a bitcoin price correction, which can be compared to a price drop from 100% to 1. However, some people have used all sorts of contempt to paint the bitcoin price correction in a bad light. Don't trust it. Bitcoin prices have corrected well after the Covid-19 pandemic, but the current price situation has been restored in the same way.
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I have been hearing of Btc crash, or the word "crashed", a term used to express price decrease or a price drop; this term used gives me big concerns from among the crypto community and globally. Anything that has crashed doe not seem to exit again, unfortunately many people always used this word frequently and it give newbies in the societies a wrong impression about BTC investments opportunity. I think this is a wrong grammatical expression, and the write word should be used appropriately to express Btc fluctuations especially a certain prices dumps due to one reason or another.
In my opinion, Btc only drop, dump, experiences market dip in price and can not crash. What are your opinions?
I agree , it's just fluctuate.
Because current bitcoins price is going up again now.
I think we will see the bullish at July this year.
Bitcoin always have good progress, pump and dump will happen al the time.
So, dont be panic, market already green again, wait the bullish will happen soon.
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I have been hearing of Btc crash, or the word "crashed", a term used to express price decrease or a price drop; this term used gives me big concerns from among the crypto community and globally. Anything that has crashed doe not seem to exit again, unfortunately many people always used this word frequently and it give newbies in the societies a wrong impression about BTC investments opportunity. I think this is a wrong grammatical expression, and the write word should be used appropriately to express Btc fluctuations especially a certain prices dumps due to one reason or another.
In my opinion, Btc only drop, dump, experiences market dip in price and can not crash. What are your opinions?
We can agree with your reasoning. If Bitcoin or another cryptocurrency drops sharply in value, the word "crash" is not a good way to express this process. It is customary to use collapse where a negative event occurs, which often does not have the possibility of a previous recovery before the fatal event occurred. Since the fall in the price of bitcoin after a certain time all the same leads to its growth, then even its significant price fall cannot be called a collapse.
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The price always fluctuates for any assets.$BTC quickly bounced back above $30k from the $28.8k mark. There were a LOT of buy orders placed in the $29k-$30k range.I think, the next support level looks to be around $26k-$27k.
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I have been hearing of Btc crash, or the word "crashed", a term used to express price decrease or a price drop; this term used gives me big concerns from among the crypto community and globally. Anything that has crashed doe not seem to exit again, unfortunately many people always used this word frequently and it give newbies in the societies a wrong impression about BTC investments opportunity. I think this is a wrong grammatical expression, and the write word should be used appropriately to express Btc fluctuations especially a certain prices dumps due to one reason or another.
In my opinion, Btc only drop, dump, experiences market dip in price and can not crash. What are your opinions?
In my opinion, when the price of Bitcoin experiences a big dump, it is the same as Bitcoin crashes, but I believe that the price of Bitcoin has high fluctuations. So how deep the Bitcoin price goes down, sooner or later the price will go up.
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analyst, also said that today’s crash was “likely” related to the expiration of the options. But he added, “there rarely is a single variable” and to look out for “possible further china crackdown announcements in the coming days.
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The hefty price tag of the prints may be justified by their exclusivity. Only 24 “official" prints exist, and this auction marks the sale of the first five. In addition, the prints are signed and certified by the co-creator of CryptoPunks, John Watkinson.
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I have been hearing of Btc crash, or the word "crashed", a term used to express price decrease or a price drop; this term used gives me big concerns from among the crypto community and globally. Anything that has crashed doe not seem to exit again, unfortunately many people always used this word frequently and it give newbies in the societies a wrong impression about BTC investments opportunity. I think this is a wrong grammatical expression, and the write word should be used appropriately to express Btc fluctuations especially a certain prices dumps due to one reason or another.
In my opinion, Btc only drop, dump, experiences market dip in price and can not crash. What are your opinions?
however people say about bitcoin nowadays, i think bitcoin crashed. It's not just fluctuations, because still struggling and hard to recovery.
We need to see for several weeks again, If bitcoin would not have good progress, I think It's bearish season
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I have been hearing of Btc crash, or the word "crashed", a term used to express price decrease or a price drop; this term used gives me big concerns from among the crypto community and globally. Anything that has crashed doe not seem to exit again, unfortunately many people always used this word frequently and it give newbies in the societies a wrong impression about BTC investments opportunity. I think this is a wrong grammatical expression, and the write word should be used appropriately to express Btc fluctuations especially a certain prices dumps due to one reason or another.
In my opinion, Btc only drop, dump, experiences market dip in price and can not crash. What are your opinions?
however people say about bitcoin nowadays, i think bitcoin crashed. It's not just fluctuations, because still struggling and hard to recovery.
We need to see for several weeks again, If bitcoin would not have good progress, I think It's bearish season
Agreed. At this point only time can tell whether this is the beginning of the next crypto winter or a temporary bearish trend.
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Yes brother you are right I agree with you Crush This term is often used and it gives newcomers in the society a misconception about BTC investment opportunities.BTC not only raises or lowers market prices but cannot crash.