Bitcoin price dropped severely

[mlawson71]

It is pretty bullish for the moment, the depreciation was just a normal correction.

[Senin]

Over the past day, the price of bitcoin has even risen decently and now, according to CoinMarketCap, is $ 9,035. However, after halving the reward to miners, bitcoin in the first months may fall in price and this will be quite normal, since this sector will be deregulated for some time.

[emad785]

I think it will start rising again

[sampoerna]

I think it will start rising again

Yes, after decreasing should be the next rising. Today I saw on the market, Bitcoin price has started to grow (improve) again. The current price is already around $9,200. Finally, the price of Bitcoin can be above $9k again after a long time below $9k. It is a good sign for BTC holders.

[crypto4ell]

I think it will start rising again

Yes, after decreasing should be the next rising. Today I saw on the market, Bitcoin price has started to grow (improve) again. The current price is already around $9,200. Finally, the price of Bitcoin can be above $9k again after a long time below $9k. It is a good sign for BTC holders.

In any case, I would not advise anyone to sell it now. I am sure that at the end of the year will be very,, delicious,, price for it.

[ShadowCrypto]

I said on Saturday or Sunday that we would go back to 10k by Friday. I still believe that. That dip was a gift for institutional investors to piggy back PTJ.

[Jaguar]

Maybe after severe decrease impressive increase is next because it seems that's how bitcoin act in volatile place. Possible after pandemic things might be normal again and cryptos will slowly increase. Let's wait the month of December before 2021 come in.

[Bobcrypto]

We have to realize that the price of Bitcoin can not completely be tag to the pandemic (covid19), but it important to remember that Bitcoin/altcoins will always fluctuate up or down at any time. I don't think it is a big deal anymore that crypto prices are volitile and can rise or fall, typically based on the demand and supply tules

[trauchot]

Firstly, bitcoin reached a price of 10k$, and then price fell somewhere to 8.5k$ and now again, most likely, bitcoin will increase in price till 10k$. It is very interesting to observe how manipulators and big players are playing with the bitcoin price.

[corr]

Well, this is not surprising. The price is always falling and rising. I think this fall should alert everyone who expects higher prices in the near future. I think this fall in bitcoin is nothing more than the sale of their bitcoins by big players. I think soon there will be even more decline when the big players fully sell their bitcoins that they bought for 4-5k

[sampoerna]

In any case, I would not advise anyone to sell it now. I am sure that at the end of the year will be very,, delicious,, price for it.

Why not? There is no guarantee that the price will soar at the end of this year? If you already meet the target, then no problem to sell your assets. Or if you need fiats because of urgent needs, it is the right time to sell. But if you have no problem in financial and have the intention for a long term investment, then holding is okay.

[Seerge]

Many people take profit when the price of Bitcoin rises, so supply increases and demand drops dramatically.  That is why the price of Bitcoin has fallen dramatically, but this is normal in Cryptocurrency.  All will change quickly, and the rise and fall of prices of Cryptocurrency can be utilized to take advantage.

[wahyudi]

in this week the price of bitcoin did drop dramatically, even down to 20% from the previous price.  will bitcoin prices continue like this?

[ShadowCrypto]

Bitcoin remains in a bullish pattern moving into the typically low volume weekend as it continues to test the $10,000 level of resistance.

[Rashed0]

The price of Bitcoin is much better now, the current price of Bitcoin is over nine thousand dollars, but the price of Bitcoin for the Corona virus fell sharply last month, when the demand for Bitcoin and investors decreased, the price of Bitcoin fell.  , But bitcoin is a very good currency, its price will go up one day, bitcoin price will go up and down