Big dip here we come

[debra]

This is a really big dip, where the price of Bitcoin and also all altcoins are dropped so significantly. The way to rise up again of course needs several periods, certainly. I am not feeling so panic. But of course, when seeing my portfolio drops more than 20% really makes me sad. But no worry, the bullish market is still ongoing, keep it up

[Dexzon]

There are lots of stories and news when the price of Bitcoin and altcoin continues to rise, some members of the government and financial institutions always want to give the best for their citizens, cryptocurrency is very transparent and I think we've been through some bad news in 2018, I'm sure investors won't panic about it. this situation and they'll keep the coins they have

[ashraf786100]

The cryptocurrency market is bound to fall in price. It has become the law of the market, an increase, a decrease. I'm sure this fall won't last long. And it's time to buy and stop for a while until the market is back on its feet.

[leodiaz]

when the market is down we can buy coins and hold them until the price goes up again. coins that have good prospects in the future will be profitable for holders who are patient and not panic. that period will surely come where the crypto price will rise again

[trauchot]

There was just a correction of the cryptocurrency market and nothing can be done about it, but the most important thing is that the cryptocurrency market is growing again and this is very good, so it is possible that soon various cryptocurrencies will again begin to reach new heights, so we should closely monitor the cryptocurrency market.

[nicecrypto]

There was just a correction of the cryptocurrency market and nothing can be done about it, but the most important thing is that the cryptocurrency market is growing again and this is very good, so it is possible that soon various cryptocurrencies will again begin to reach new heights, so we should closely monitor the cryptocurrency market.

True, I would say about 28% correction isnt bad for the market after a long time of upward movement.



It also look like the price is rebounding back and in overall, this corrections are or should be expected in the market some times.

[Ghozrd]

The crypto market experienced a huge dip, with the charts bearing gifts of red candles for many of us, and about 10 billion wiped out of the market. Binance obviously had the lions share of the clean up with 90%.
I think the cause of the dip is an unconfirmed tweet stating SEC is investigating many projects. https://twitter.com/Fxhedgers/status/1383611847144730626?s=19
Was I right and whats your take?

This information is a fraction of the price decline that occurred during 1 week, I can't assume the price will go up to the support level $55k = 1 Bitcoin, but we can see the crypto market has moved up and altcoins started showing bullish in early May, expect altcoins to hit a new ATH before the ethereum Fork occurs in July

[gunhell16]

The crypto market experienced a huge dip, with the charts bearing gifts of red candles for many of us, and about 10 billion wiped out of the market. Binance obviously had the lion's share of the clean-up with 90%.
I think the cause of the dip is an unconfirmed tweet stating SEC is investigating many projects. https://twitter.com/Fxhedgers/status/1383611847144730626?s=19
Was I right and what's your take?

For me Tweet is not a valid source for us to be an update on what SEC will gonna do, We all know that the majority posted in the Twitter public is accurate or precise. Though we are really facing a dip now in the market, I think it's time for us to choose the best altcoins to buy then hold in the long term.

[Fenix]

There are many possible reasons that could have led to the fall in prices in the cryptocurrency market on April 18. However, in any case, what happened can be considered another correction, since prices are quickly recovering. Ethereum is priced at $ 2,637 today, close to its previous price record. Some other altcoins have reached almost the same price values. True, bitcoin itself is now lagging behind in price growth. So far, its price is just over $ 55,000 and in this regard, its dominance in the market has dropped to 49.4 percent. However, there are no apparent reasons for the further fall of the market, most likely that it will continue to grow.

[tervel]

Bitcoin prices have been up and down over the last few months as governments and regulators hone in on the sector amid rising demand. Bitcoin plunged after the Central Bank of Turkey banned the use of cryptocurrencies and other digital assets for payments.

[AGM]

Never be hopeless in cryptocurrency bad time came good time will come very soon so be prepared for recover .

[masudginanjar]

Everything also needs a process to ensure all cryptocurrency dumps.
There are various factors to the Dump cryptocurrency and I can assure you that all of them will be very simple if we have that experience.
I hope things will be very difficult if we continue to think negatively about Dump, so relax guys and let the water flow by itself.

[David0]

Really I think the decline that is happening right now is not a big dip, but just an ordinary thing. which the market will definitely recover soon. I'm sure 2021 will be very different from the previous year. because the trend has changed. I think it's time for us to choose the best altcoins to buy then hold in the long term.

[Phu Juck]

At a high possibility, big dip is over now maybe. But I don't know because right now, market is looking very weak. When all coins don't go up steadily, a dip can still occur any time.

[Sammy9ce]

I don't think it has to do with the tweet. I think it was because president biden said to propose almost doubling the capital-gain tax for the wealthy. Though I have been expecting this fall in price.
Not just because Biden was planning to increase tax for the wealthy but because the US government has a way of always wanting to regulate prices.

The cryptocurrency market has been bullish for quite sometime and this is a way to regulate prices and gains in the market.