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Learning & News => News related to Crypto => Topic started by: newshunter on September 05, 2020, 01:00:59 AM

Title: BTC dips below $10K as traders eye ‘CME gap’
Post by: newshunter on September 05, 2020, 01:00:59 AM

BTC dips below $10K as traders eye ‘CME gap’

Bitcoin has crashed below $10,000 for the first time in seven weeks.

Source: BTC dips below $10K as traders eye ‘CME gap’ (https://cointelegraph.com/news/btc-dips-below-10k-as-traders-eye-cme-gap)

Would appreciate your opinion about this

Title: Re: BTC dips below $10K as traders eye ‘CME gap’
Post by: auntyjmary on September 05, 2020, 01:58:57 AM

No cause for alarm, the market will surely bounce back in due time. This is the time to take advantage of the dip and accumulate more on a non-custodial wallet like the application from atomicwallet.io

Title: Re: BTC dips below $10K as traders eye ‘CME gap’
Post by: TomPluz on September 05, 2020, 06:04:34 AM

Sad but not a big cause of concern especially for people who had been in this marketplace for more than a year. This is just another dip for crypto and maybe a way for weak projects to be eliminated and a big opportunity to buy those who are superb and has more chance of making a big comeback. This is just an illustration of how volatile this market is and for newbies to be careful with what they are dealing with.

Title: Re: BTC dips below $10K as traders eye ‘CME gap’
Post by: highnayem34 on September 08, 2020, 01:14:22 PM

After posting a local top of roughly $12,500 on August 17, BTC consolidated between $11,250 and $12,100. However, the last three days have seen sellers reject $12,000 and take over the market. Roughly four hours ago, Bitcoin briefly changed hands for $9,990 after seven weeks of price action above $10,000.