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Disappointing: Bitcoin Crashing

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3 hours ago, Daddyabakar said:

The fact that the bitcoin has gone below 10000 usd doesn't mean it is crashing, it is affected directly or indirectly by the ravaging pandemic disturbing all the part of the world. 

True nature of BTC price is volatile in the cryptocurrency markets. I wonder why people are getting worried due to some sharp price declination of Bitcoin in the cryptocurrency markets. So many factors are responsible to affect the price like supply and demands ratio, BTC adoption rates, etc. 

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Bitcoin is a good coin that have great potential in the Cryptocurrency marketplace for that i think with time the coin will regain it market value and may even cross the previous value it was reading in the market, so just relax and excercise some patience because sooner or later bitcoin will rise again.

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As of then earlier this year of 2020, as matter no one can deny that facts that BTC breakdown in price not only BTC the top leading, most expensive and value coin, even other categories of Crypto coins. Including global economy. But today BTC has proven to the world to be that future currency with great and reputable potential to dominate the fiat currency.

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This is cryptocurrency the price will go up and price will go down but you should be always prepared for everything to bear loss to gain profit. You have to do all the homework mark all the detail and move according to plan. So, even if you lose you will lose with plan.


 

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The scene of bitcoin crashing is not disappointing for all. In fact, it can be a dream for those who want to join the market for the first time or after a long time. More crashes means more profit in the future if you buy at the right moment. Moreover, the current trend is all about rising and breaking resistance levels. Did you notice how fast did bitcoin manage to travel the distance from $10K to $12K? This is promising because it can be a sign that higher values are possible in the near future. Stop being pessimistic and think about getting the most out of every situation.

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Still if there are fake orders in the exchange and they pumped the market it is amazing news cerain investors can earn money like that if they invest in a proper  way.

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Well, that's normal as Bitcoin is a cryptocurrency and cryptocurrencies are highly volatile. But, I believe that it will rise sometime in near future.

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Currently the price of Bitcoin (BTC) is at 11k exceeding that limit of 10 k and it is stable since a few weeks ago I think it will remain so for another long time is what experts think of the subject

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This is exactly the nature of bitcoin in the Cryptocurrency marketplace, it is volatile making it to fluctuate up and down but i will advise you not to worry a lot because as long as you can excercise patience bitcoin shall definitely regain it value in the market and may even go above your expectations, so be patient.


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Crashing? the volatility is the nature of bitcoin and most of cryptocurrencies so we shouldn't say it's a crash in my opinion! also after the last "crash", bitcoin has proved to all of us it can rise up again and it's really with a good price these days and maybe in a few months we would see it in higher prices! so let's understand and study the movements of bitcoin prices to know how it works well..

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Yes, the collapse of Bitcoin at the beginning of the Corona virus was shocking and has made many people exit the market, but this is part of the market as it is the rise, and there is no need to worry at all.

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I entered in June and did not regret. I have high hopes that this market will only rise for two more years. First I did was see the chart on coinmarketcap and how it quickly recovered from that dip months ago. It is only rising now and I hope that as XRP and LINK will keep rising too.

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Bitcoin is not going to crash now becasue its future is good and i hope that in future we can make good money through this coin if we buy this coin and safe it for the future. Crypto is the world future and soon it is going to be legal in all over the world.


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All this was done by the some of whales so they were carrying out these order books to make big profits. So whales are responsible for this.

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The fall of Bitcoin does not mean that it is bullied, but rather an excellent opportunity to buy it at a good and cheap price And that the collapse means that it loses its value completely or its stability at very low price levels, and this is money that I do not think will ever disappear, but it can reach it and then rebound strongly to higher.

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It comes back to the 4000$ but after sometime it gains a lot and now the bitcoin is above the 10000$ and stabling it self above this value.

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