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Author Topic: Flash Crash: Bitcoin Price Slides by $1.4K in Minutes  (Read 7267 times)

Offline xeroz

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Re: Flash Crash: Bitcoin Price Slides by $1.4K in Minutes
« Reply #15 on: August 30, 2020, 10:41:48 PM »
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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Re: Flash Crash: Bitcoin Price Slides by $1.4K in Minutes
« Reply #15 on: August 30, 2020, 10:41:48 PM »

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Offline I-Bit

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Re: Flash Crash: Bitcoin Price Slides by $1.4K in Minutes
« Reply #16 on: August 30, 2020, 11:03:09 PM »
-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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Re: Flash Crash: Bitcoin Price Slides by $1.4K in Minutes
« Reply #17 on: August 31, 2020, 09:59:09 AM »
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.
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