Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Rifan Khan on October 12, 2021, 10:08:40 PM
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We all live in the cryptocurrency market. But a few days ago we saw that the price of Bitcoin has dropped a lot in the cryptocurrency market. I do not know the reason for the dumping. So if you know, please say below. I hope you will say a little.
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As what I read somewhere, the biggest reason is that Bitcoin failed to rally beyond $58,000 and in most cases it can mean that it will really have to slide...gathering the necessary strength for a fresh drive to go beyond the barrier. Now, some are saying that it was because Binance decided to block China-based traders - though I don't have confirmation on this one. Well, anyway, Bitcoin has the habit of moving up and moving down for no reason at all...so what happened is not a big surprise at all.
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That's Cryptocurrency, price changes often occur without us expecting it. Bitcoin is expected to be pumping but suddenly dumping, It is true what the friend said above that the dumping of Bitcoin prices some time ago was due to FUD from China, namely when China banned all Cryptocurrency transactions. But now that we've seen the price of Bitcoin go through a big pump, I think it's time for us to smile.
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The price of Bitcoin dropped a lot a few days ago. However, the price of Bitcoin has started rising again. So the price of Bitcoin will break the previous record. Bitcoin is expected to show new surprises in the current world. So it will be more popular all over the world. Prices will increase much more than before. So there is no reason to worry about the price of Bitcoin, it will return to the previous position very soon.
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If you look at the market now, the price of Bitcoin is not declining but is pumping.The current price of Bitcoin is57,715$.Even a few months ago, the price of this bitcoin fell below 40 thousand.But the market recovery from there has now reached over 50,000$. From here we all hope that maybe very soon Bitcoin will touch 70k$ and touch other new milestones.
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Bitcoin prices The price of all coins, including Bitcoin, began to fall due to the release of China's Ban News a few days ago. But the market has improved again. Bitcoin prices and other coins have started rising again. So investing should continue without expressing frustration. Because the market situation is likely to be much better than before.
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It's just normal when the price of bitcoin is dumping it's because people sold their bitcoins, they already made profit so expect bitcoin to go down after the pump of the price. Don't worry bitcoin will increase back again because people will buy more bitcoin at cheap price.
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You can't expect the Bitcoin market to keep going without price correction. Some persons are there in the market to take profits at any point in the market most especially when the market is approaching a major resistance level @58k in week take frame. Bitcoin will keep having a major rejection in this area until is able to break that resistance level in the week time frame.
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We all live in the cryptocurrency market. But a few days ago we saw that the price of Bitcoin has dropped a lot in the cryptocurrency market. I do not know the reason for the dumping. So if you know, please say below. I hope you will say a little.
There are several fudders, I think It's the reason why bitcoin price was dumped.
But It's just FUD , bitcoin is going strong again now
Current bitcoin price is 58K $.
altcoins also already go strong.
So, I think It's the time to pump.
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Since you are involved with cryptocurrency, you must be aware that the market is never static. Right now you can see the good and bad sides of the market. Maybe then the amount of investment in the market was less. But if you look at the Bitcoin market now, you must have noticed how much the price of Bitcoin has increased.
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The dump in Bitcoin can be caused by the whales, they want to buy at a very cheap price. Now, Bitcoin is increasing very significantly, the whales may start planing to sell their Bitcoin. So, be careful of the possibility of the next dump in Bitcoin price. Who knows that some whales take profits first by selling some of their Bitcoin to the market. If it happens, there are too many supplies in the market, then the Bitcoin price decreases.
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We all but one thing we always notice in the cryptocurrency market That is, the prices of cryptocurrency market coins are constantly pumping and dumping.I think this is the rule of the cryptocurrency market when the price of a coin goes down and the price of that coin starts going up again.Now the price of Bitcoin is rising tremendously. Today I saw in coinmarketcap that the price of bitcoin has been 61,704$. The price of Bitcoin is rising in this way because Bitcoin is the largest and has the highest total supply and circulating supply.
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I personally think bitcoin is often dumped because of them the whales want to make a profit withdrawal and make a little correction because if it doesn't then the whales can't make a profit, they can play the price and when FUD occurs they will try to influence traders by making the price fell temporarily.
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We see at certain times of each year the value of bitcoins dumping much more. I still don't understand the reason behind this dumping. However, at the present time, the market for Bitcoin has started to grow again. Already but the market for bitcoin has been pumping a lot. I think Bitcoin will break all its past records within this year.
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A few days ago the price of Bitcoin dumped a lot because Bitcoin was banded in China which caused its price to go down. However, at present the price of Bitcoin has increased by a huge amount. I think the price of Bitcoin will increase even more in the future. Currently the price of Bitcoin has gone above $60K. However, in a few days, the price of Bitcoin will exceed $100k.
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But a few days ago, the price of Bitcoin was much lower and then everyone started saying why the price of Bitcoin has started to decrease.Bitcoin prices are rising again Now many people are saying why the price of Bitcoin has started rising again.The price of coins in the cryptocurrency market is always up and down which we all know.The price of Bitcoin was declining but now it is rising again but Bitcoin may touch 100k$ this year.
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Why is Bitcoin now up to 62,000 USD?
This question is very simple and very easy to understand because this is the best factor for all and everyone also understands the function of Bitcoin for future investment.
Don't be complacent or afraid when Bitcoin dumps in a few days or months someday the Bitcoin price will pump again.
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You can't expect the Bitcoin market to keep going without price correction. Some persons are there in the market to take profits at any point in the market most especially when the market is approaching a major resistance level @58k in week take frame. Bitcoin will keep having a major rejection in this area until is able to break that resistance level in the week time frame
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Bitcoin is the high volatile crypto currency. A large number of amount trade in every second. We all know that normally crypto currencies get up and down by the effect of different kinds of positive and negative news. Some days ago china ban crypto currency i think that was the main reason to dump bitcoin price.
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We all live in the cryptocurrency market. But a few days ago we saw that the price of Bitcoin has dropped a lot in the cryptocurrency market. I do not know the reason for the dumping. So if you know, please say below. I hope you will say a little.
Bitcoin is going up and has touched 61K USD mate
No worries about market.
many people believe we will see the bullish season at this year.
Dump and pump are always happen.
No matter, we can get profit from it.
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Bitcoin prices The price of all coins, including Bitcoin, began to fall due to the release of China's Ban News a few days ago. But the market has improved again. Bitcoin prices and other coins have started rising again. So investing should continue without expressing frustration. Because the market situation is likely to be much better than before.
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If the market is always on the rise or if the market is in this position all the time then we will never see the existence of cryptocurrency in the market. Cryptocurrency consists mainly of pumping and dumping. The existence of cryptocurrency has survived so far as the Bitcoin market has fluctuated. Dumping the price of bitcoins is a very normal thing.
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I have said in many places before that the price of bitcoin is more or less normal. Because if the investor invests, he will definitely invest in the hope of profit. So the price of Bitcoin has been declining for some time and will increase more than that again. So it is not normal to comment on the fact that the price of Bitcoin is lower.
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There are many reasons behind the dumping of Bitcoin prices, one of which is investors and the other is gas fees. Based on these two factors, I think Etherium coins are being dumped and its popularity is declining day by day. Because of the gas fee, many investors are not able to use Etherium Wallet. Due to which Etherium is ruining the reputation of the current market.
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Bitcoin has been able to set new records. Because the price of Bitcoin is much higher than before. So I think the price of Bitcoin will set a new record again. So there is no end to the speculation about Bitcoin.Investors on Bitcoin are now much happier, as new records for Bitcoin have become available. So I don't think it's possible for Bitcoin to fall in the short term.
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The cryptocurrency market is never stable. Suddenly it is seen dumping and pumping again after a while. A few days ago, the price of Bitcoin was actually dumped a lot, so many people thought that maybe the price of Bitcoin will come down to 15-20 thousand dollars. But now we have seen again that the price of Bitcoin is rising like a bull race. Now it is seen again that many people think that the price of Bitcoin may go up to 70 thousand dollars in a few days.
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One of the main reasons for the recent decline in the cryptocurrency market is the Chinese government's ban on bitcoin and the complete mining of bitcoin.However, the ban by the Chinese government did not bring much change in the cryptocurrency market.
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A few days ago the price of Bitcoin was dumping a lot but for some time now the price of Bitcoin has increased so much that the price of 2021 has increased a lot more than the price of 2020. Bitcoin has set a new record for its past record of $66k I think by the end of December 2021, the price of Bitcoin will be $100k.
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A big reason for dumping bitcoin a few days ago is that the Chinese government banned this bitcoin which caused a lot of dumping in the price of bitcoin.At present, it is being accepted simultaneously from different countries, including China, due to which the price of Bitcoin is pumping a lot. Various experts estimate that the price of Bitcoin will exceed one million dollars by 2021.
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A few days ago Bitcoin was dumping a lot. A few days ago, the price of Bitcoin exceeded 64k dollar. But then bitcoin dumping came in at 28k dollar.And the Chinese government was most responsible for this dumping.
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when the price of bitcoin collapses then it should be a good opportunity to look for bitcoin as much as he can because the price is still cheap make the best use of it, because as is the case today the price of bitcoin can be very expensive. there is no harm in saving your assets to bitcoin because in my opinion this is the safest place to store and can provide a lot of profit when the selling value increases.
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It's normal for Bitcoin or any other cryptocurrency to drop unless it is a stable coin. Crypto markets are volatile so sometimes we may see a bear market and sometimes we may see a bull market, all that depends on the demand of the traders which changes every day for different reasons.
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It's normal for Bitcoin or any other cryptocurrency to drop unless it is a stable coin. Crypto markets are volatile so sometimes we may see a bear market and sometimes we may see a bull market, all that depends on the demand of the traders which changes every day for different reasons.
I think It's the character of crypto currency, always volatile. Dumping of bitcoin is time to buy more for whales.
They bought at low then you can see, bitcoin price will rise up again.
That's normal , and always happened.
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A few days ago, bitcoin was dumped because the big players took their profits, they are all people too and love money and sometimes take profits. That's all the explanation. Well, either they lured the bears in order to take them out later.
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We all live in the cryptocurrency market. But a few days ago we saw that the price of Bitcoin has dropped a lot in the cryptocurrency market. I do not know the reason for the dumping. So if you know, please say below. I hope you will say a little.
As many people said, bitcoin dumped because whales want to buy more.
We should buy back and learn the market.
Wait is good way to do when bitcoin is going down.
Don't be panic.
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It is normal, dude. When Bitcoin has reached its new ATH, it is very possible to drop again temporarily. It is the way how crypto market works, a crypto coin price isn't always increasing all the time, it must have a decrease. In my opinion, it is a correction phase for Bitcoin price, it will happen before its next jump. I assume this will last for several days or even weeks, then it probably increases again to pass $70k. ;)
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The value of bitcoin gets dumped for a few days when a country spreads misleading propaganda about bitcoin, such news is often seen from China, but despite this, bitcoin gets pumped again.
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Bitcoin is a market place, it is common for prices to go up and down here. But then it becomes a great thing when its price goes down a lot. This happened a few days ago. The price of Bitcoin suddenly dropped a lot. The main reason for this is not known to me now
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Crypto markets always have prices that go up and down quickly, that's what I call high fluctuations. But actually we don't have to worry, moreover it is the main BTC coin. Even if the price had a huge dump, it would recover quickly. When the price drops, it is the right time to buy if we are traders or investors.
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The price of Bitcoin Dump is reasonable because gold trades every day there are always ups and downs and that's what gold owners say is normal in gold trading.
So I think the price of Bitcoin Pump and Dump is still reasonable depending on whether we are ready to trade like this because Bitcoin is very volatile.
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Crypto markets always have prices that go up and down quickly, that's what I call high fluctuations. But actually we don't have to worry, moreover it is the main BTC coin. Even if the price had a huge dump, it would recover quickly. When the price drops, it is the right time to buy if we are traders or investors.
Yes, crypto currency always go up and go down quickly.
Crypto currency is volatile.
I think the reason why volatile, because no one can control the price of crypto currency, not like fiat money.
The government always protect the value of fiat money
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We all live in the cryptocurrency market. But a few days ago we saw that the price of Bitcoin has dropped a lot in the cryptocurrency market. I do not know the reason for the dumping. So if you know, please say below. I hope you will say a little.
There has lot of reason why bitcoin often get down . If you are active in crypto market , you will notice that every time all the fud come just to down the bitcoin price . Last month we have seen the China banned fud in crypto market and before this the China banning fud. This all the news make a huge change in market and the retailer investor act so weird in this case . All the time whenever they heard any fud or bad news for bitcoin , they start to think this is the end of bitcoin. They sold whatever they have and at the end the price of bitcoin down .
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We all live in the cryptocurrency market. But a few days ago we saw that the price of Bitcoin has dropped a lot in the cryptocurrency market. I do not know the reason for the dumping. So if you know, please say below. I hope you will say a little.
Bitcoin dump is no longer a strange situation, as you may know, there are big time whales and traders waiting for the slightest opportunity to control the market price. The whales has the capacity to pump bitcoin price and when they see that many people are rushing to buy for fear of missing out (FOMO), take advantage of a continuous rises to sale huge volume of bitcoin at once, and because they have made big gains, dump the market price.
Again, one of the reasons for bitcoin dump is negative speculations. The fear of the last China clamp down on bitcoin mining ban, has cause a big dump.
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No Bitcoin is not dumping, it was only a short market correction for another test. And now, Bitcoin price is going rise up again that, make a positive sign to the crypto market codnition. I like how this market right now.
Now is November, it should be the best month for altcoins eason.But let's see. Bitcoin is also still struggling
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bitcoin price movements can collapse at any time because in my opinion bitcoin has a whale that has a very large number of bitcoins and can have an influence on bitcoin price movements, when the whale tries to make a profit withdrawal, the bitcoin price will collapse instantly.
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No Bitcoin is not dumping, it was only a short market correction for another test. And now, Bitcoin price is going rise up again that, make a positive sign to the crypto market codnition. I like how this market right now.
Now is November, it should be the best month for altcoins eason.But let's see. Bitcoin is also still struggling
Yes, I also agree November will be altcoin season month.I think we will see many altcoin go strong and more valuable.
We can buy the dip, several time of corrections will happen before the big bullish.
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We can see that bitcoin is the best valuable coin in the cryptocurrency world.We also know that it's popularity will spread worldwide.We also know that sometimes the cryptocurrency market is dumping.Same reason for it's price is dumping.So i trust that it's a simple reason for cryptocurrency market.But we also know that next time it's price will increase.So i trust that quickly it's price will increase,if we wait until the high time.
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Bitcoin dumping I think that always occurs when people that hold more quantity of Bitcoin are selling which means when the sellers are higher than the buyers you see the price dumping, also the same thing happens when buyers of Bitcoin are than sellers, which means if the holders are increasing everyday before you know it the price will pump more than the dumpers to that predicted price of Bitcoin because some people predicted that Bitcoin will reach all time high of $100k dollars we never lose hope still expecting that to happen soon.
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We all live in the cryptocurrency market. But a few days ago we saw that the price of Bitcoin has dropped a lot in the cryptocurrency market. I do not know the reason for the dumping. So if you know, please say below. I hope you will say a little.
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Outside FUD which I do think there is any now, the cryptocurrency market will always have its ups and downs because it is part of the circle. Investors as far as I am concerned will always want to take profits at some point in time because not everyone invested at the same time so while some are Bearish others are Bullish in their investment and needs too different amongst investors.
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We can see that bitcoin is the best valuable coin in the cryptocurrency world.We also know that it's popularity will spread worldwide.We also know that sometimes the cryptocurrency market is dumping.Same reason for it's price is dumping.So i trust that it's a simple reason for cryptocurrency market.But we also know that next time it's price will increase.So i trust that quickly it's price will increase,if we wait until the high time.
A few days ago the price of Bitcoin went down a bit. It’s something we all know, and have seen. It is normal for the cryptocurrency market to go up and down. There is no rule that the market will always rise. When the market comes down to take a little, you have to think about it.
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I don't know much about the new member forum of this forum. Don't let me out of the forum if I say something wrong. I don't know anything about Bitcoin dumping a few days ago.
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As far as I've been involved with cryptocurrency I've seen the value of bitcoins dumping a lot at certain times of the year. Although the value of bitcoins increases during this time each year, the value of bitcoins remains normal during the following period. However, such pumping is a very normal thing in the market. Although the market was dumped a few days ago, now the market is back to normal.
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Was a real dump several days ago? With its price over $60k, loosing even a thousand in price does not look like a serious dump. I would it call it just a trading games. And I wont call it dump either, because the price quickly bounced back.
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All the coins or tokens in the market have their own religion It is normal for the market to fluctuate Absolutely no coins or token Absolutely not pumping or dumping, some pumping, some dumping, then pumping.Bitcoin has been at 40,000 a few days ago but has crossed 60 in just a few days.If you review Bitcoin from the beginning, you will see that the price has been on the decline since then and this religion will continue in the future.
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The price of coins in the cryptocurrency market is not likely to rise all the time.Cryptocurrency markets are constantly seen pumping and dumping.Although the price of bitcoin has come down a few days ago, now the price of bitcoin has started rising again.The price of Bitcoin has now reached a level that has set a record in the history of the cryptocurrency market.
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We all live in the cryptocurrency market. But a few days ago we saw that the price of Bitcoin has dropped a lot in the cryptocurrency market. I do not know the reason for the dumping. So if you know, please say below. I hope you will say a little.
Current bitcoin price is going strong again, altcoins also follow the bitcoin.
Pump and dump always be happen. That's normal, No worries about this.
But I think bitcoin will pump continue until end of this year
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Bitcoin dumps are no longer a strange situation, you probably know, there are big time whales and traders waiting for the slightest opportunity to control the market price. We see that Bitcoin is the most valuable currency in the world of cryptocurrency We also know that its popularity will spread worldwide We also know that sometimes the cryptocurrency market is dumping I think the price of bitcoin will go up more in a few days All the coins or tokens in the market have their own religion Prices will rise further.
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So why now the price of Bitcoin has gone up again and has become a green chart on Binance ?
Questions like this really help us all if Bitcoin is increasing in price every day because Bitcoin has a limited supply and all traders and investors really want it, so it's only natural that Bitcoin continues to rise every year.
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The fact that Bitcoin is more or less expensive is not an additional issue. Bitcoin is certainly more likely to fall in price one or more times. Because when the price of Bitcoin goes down, the price of all the unique coins will go down. And then the rest of the investors will then invest in the project and will be able to reap the benefits if the price goes up later.
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We all live in the cryptocurrency market. But a few days ago we saw that the price of Bitcoin has dropped a lot in the cryptocurrency market. I do not know the reason for the dumping. So if you know, please say below. I hope you will say a little.
There was high leveraged long position opened in the market and that is the reason behind the dump. Thats how those exchange makes money by market manipulation. Market always goes against what people are thinking about the market. If You follow greed and fear index you can also predict what is going to happens next.
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Seller stronger than buyer because news is realistic, panic always create volatility. Many times we answer questions like this and like dead road, will come back into technical strategy. We only can predict and set stop loss, bitcoin is for saving not trading.
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It is difficult to say why Bitcoin was dumped.However, once the price of any currency increases, it decreases.You can see if the Bitcoin market is currently pumping. Bitcoin prices have not risen much this week and have not been dumped. And that's why I think the price of Bitcoin could quickly exceed 70,000$ .I can call you. If you are a holder, you can buy and hold Bitcoin now. I hope you can benefit. Now is the time to buy Bitcoin.
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Unfortunately, it cannot be that the price of Bitcoin will constantly grow and therefore, at times, correction of both Bitcoin and the entire cryptocurrency market is needed, but you should not be upset when you see Bitcoin dump, because some time after the dump, another pump starts, it just might be such that after the dump we will have to wait several years fot next pump, but nothing can be done about it, thats how the cryptocurrency market works.