Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Rasta99 on August 02, 2020, 04:13:52 PM
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Bitcoin suffered a price drop of $1,458 in under an hour on Sunday. The sudden slide caught many traders off guard, forcing out a significant amount of buying pressure from the market.
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Bitcoin suffered a price drop of $1,458 in under an hour on Sunday. The sudden slide caught many traders off guard, forcing out a significant amount of buying pressure from the market.
things that are still reasonable if it happens to bitcoin, with movements that keep changing, of course there will always be things that might be unexpected.
During this time bitcoin will be able to do that and it is normal if it happens, because what is needed now is the momentum of bitcoin to be able to penetrate again $ 12K, which will make bitcoin will continue to move towards improvement.
the prediction that bitcoin will set itself at $ 15K will happen at the end of this year and will continue to move up in the next year which is likely to exceed when in 2017.
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It is normal for the price of BTC to increase and decrease so suddenly and significantly only in a short time. This is what influenced by the market system because it s decentered. Therefore, do not panic because of this r you will lose your money. Just keep focus on analyzing the market.
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Bitcoin suffered a price drop of $1,458 in under an hour on Sunday. The sudden slide caught many traders off guard, forcing out a significant amount of buying pressure from the market.
If you check the daily view chart with RSI indicator, you will observe that BTC was overbought and hence correction was necessary though it seems everyone was actually waiting for that 12k to pull out and end up BTC with unhealthy correction. I still believe that 12k will still be retrace before any further down or perhaps it might continue the rally to the upside if we are in actual bull run.
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thats not big issue hold your coin since 2020 end
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And as a result of this trade, a lot of their funds were affected by Liquid.
I see many futures trading experiencing Liquid.
The decline in the price of Bitcoin which penetrated 1500 USD in 1 hour was able to shake all the markets and affect traders and this was very painful!
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This is bitcoin will never reach to $100,000 or even more. The sudden unpredictable change will be the hardest points of btc to attract many investors and traders will also declined slowly.
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This is bitcoin will never reach to $100,000 or even more. The sudden unpredictable change will be the hardest points of btc to attract many investors and traders will also declined slowly.
Lmao, never say never. Actually, the last big moves of btc move was as a result of many factors that contribute but that'snt the case any longer. 100k is our of future for now.
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it just normal correction of the price eventually it will go up again. today it traded again at $11.7k. in the coming days it will hold again the position of $12k this is a normal movement of Bitcoin because there are many factors affecting the movement.
I think before the month will be ended Bitcoin price will be a I've $12k.
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Still as usual because this is a correction to take advantage of the flash crash.
Maybe USDTxBTC feels heavy to trade but with this altcoisn it is very easy to understand.
Try it yourself for experienced trading on Binance.
Binance often surprises me as this market is more me-friendly to trade BTCxAltcoins.
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it just normal correction of the price eventually it will go up again. today it traded again at $11.7k. in the coming days it will hold again the position of $12k this is a normal movement of Bitcoin because there are many factors affecting the movement.
I think before the month will be ended Bitcoin price will be a I've $12k.
So long there isn't any bad news, bitcoin isn't coming down as some people expect. Bitcoin is getting stronger everyday unlike the past few years that we hardly see bull run in a complete month. As time flies, things will keep changing for good and one day, bitcoin will be fully adopted.
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On 2 August, Bitcoin experienced a flash crash by dropping more than 7% to a nominal value of $ 1,400 in just 15 minutes.
Analysts then speculate on the cause of the decline in value, and how investors and traders can prepare for such unexpected events.
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Bitcoin prices are expected to rise sharply this year. Prices will also rise this year. However, it exceeded $12k. But the current has decreased somewhat. I think the bitcoin market is going through some crisis. It will take some time to get through the same time. Bitcoin will definitely reach the peak of development. We have to wait for the position to be made. We will definitely be in the good times of Bitcoin. We were in such bad moments of Bitcoin. I will be in the good times of bitcoin again. There are many good wishes for bitcoin.
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The price of Bitcoin will be at 15k, as everyone was expecting. But the market has changed a lot. Bitcoin prices have come down. I think the price of Bitcoin will definitely go up. Bitcoin has been in extreme excitement for some time. Bitcoin was in a state of extreme excitement and everyone was very happy. Especially those who invested were happier. I was much happier because I had some bitcoin. But for some reason I also sold the bitcoins because of the low price. So I think everyone expects the price of Bitcoin to go up.
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Yeah, it is so easy for BTC to pass more than $1k in one night. However, it is fluctuating that can make our way to buy or sell BTC risks because of its high volatility. In this case, we should know how to analyze the chart of the market.
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The movement of BTC prices in weeks is very high and significant. But, let's see this week, does the price show sideway? I personally see that the price of BTC stays at around $11,649.19 or even decreasing to $11,400. I don't know whether it is crash or only market correction and it will rise up again or not.
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-snip- the price of BTC stays at around $11,649.19 or even decreasing to $11,400. I don't know whether it is crash or only market correction and it will rise up again or not.
If you analyze well the current trend, it should be just a correction. Look at the current price of Bitcoin, it already increases again, right?
It tells us that the bullish trend in Bitcoin still continues and not over yet. Bitcoin price was predicted to reach $20k, we are still far from that price. So, don't worry, we are still in growing phase, not in the end of bullish time.
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its now moving on the uptrend position. we are on bull run so i think if things like this happen. what we need to do is wait for the coin to go upward. this is a normal thing on every crypto currency. HOLD it when its now profitable then sell it when the price is right. this is the only phrase we should follow and nothing more to avoid losses in our funds.