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rekter

What are your thoughts on the recent BTC crash?

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The recent rapid crash of bitcoin price was led by the pandemic and whales manipulations but I knew that it will recover soon and there are signs already for bullish movements coming ahead.

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I think this is because large amounts of bitcoin were sold and that is why bitcoin is always declining fundamentally

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Life is great and enjoy it

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The crash in this moment of bitcoin is caused by the epidemic of corona virus all the market in the world are crashed ,it's the best time to buy bitcoin,i have do that and now the price is pretty good to sell 

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16 hours ago, DoboniAyuuii said:

People have invested back, that is why bit coin has increased above $9000. As for the crash, it was because of what you said but I do not think it  has connection with the recent pandemic as binance CEO suggested. 

Maybe it can be connected with the virus pandemic but what most important is that the price of bitcoin increased back, so that means cryptocurrencies  resist the pandemic viral negative effect. 

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Now I`m writing from the future when Bitcoin halving has occurred and price still staying in range from 8000 to 9000 dollars. I don`t think that there will be any significant changes in the near future 

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I think that doing the chart analysis, we can know that the price movement of the bitcoin coin is an upward movement in the long term and I think at the same time that the price at the moment is in a fluctuating movement after the completion of the price correction

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16 hours ago, nykas said:

Now I`m writing from the future when Bitcoin halving has occurred and price still staying in range from 8000 to 9000 dollars. I don`t think that there will be any significant changes in the near future 

@nykas Do not get those in a wrong way, do not expect the price to just rise at ones, we have to wait. As for 2016 halving, there was a price drop at first but after three months, the price began to rise even into 2017 and till the end of 2017. 

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right now bitcoin is hovering around $9200 recently in the past month it came back from $3800 and also touched $10000 and one of the most biggest event for cryptocurrency bitcoin halving has done some days ago bitcoin is looking very bullish 

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I think btc crsh reason is because of big whales are sale bitcoins in large quantity . Many people are trading bitcoin in margin . So big players are manipulate bitcoin and crsh happened in market .

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On 14.03.2020 at 13:26, AkaCrafterCZ said:

All the prices of first 100 on marketcap dropped rapidly, for Bitcoin it was a big dump that just happened during a few hours. It's all because of corona virus and the upcoming halving, which I believe will make Bitcoin double its price and continue with a bull run for the upcoming years.

I think such price fluctuations for bitcoin in these times are normal. A bullish Beck can and will but I don't think that soon. In the meantime, the entire 2020-2021 year, the price of bitcoin will grow slowly. Perhaps until the next halving.

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What I am now thinking is that bitcoin price is not capable to break the $10000 resistance. Ones it breaks it it could lead to a price increasing above $12000. The creasing of price are now due to $10000 resistance but good trader still making money using a special strategies to trade. 

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I hope you have recovered your lost and made good profits. The majority of us suffered a painful blow in currencies, and many lost, and many of us who sold the currencies with less hope than they had bought them in the first. And if you kept it, you might have got good profits now, especially the currency of eth, this coin within a few months, usually from the bottom and to penetrate its original price.


Учитесь, учитесь и учитесь на своих ошибках :classic_smile:

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The market is going through a period of ups and downs, the bullish market leads us to inflate the prices of cryptocurrencies several times, we will not see the real price of any cryptocurrency, neither in the market nor in the bearish because volatility is intense and is based on supply and demand, in the end the market will not die and will not It ends and will rise as it does every time.

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I don't think it's a drop in bitcoin price, bitcoin price always fluctuates so if there is a slight drop in price that's normal. Stay calm and focus on holding the bitcoins you have, don't be influenced by any news or predictions that make us mentally small.

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6 minutes ago, Onden said:

I don't think it's a drop in bitcoin price, bitcoin price always fluctuates so if there is a slight drop in price that's normal. Stay calm and focus on holding the bitcoins you have, don't be influenced by any news or predictions that make us mentally small.

Yeah people need to avoid panic and emotion, the price will go up after this correction, so we all need to stay calm and if you have some more fiat that you are not in need for the 3 or 6 months, just buy more BTC because maybe it's the last time we will see the 14k $ price for this coin.

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Bitcoin is trading today at $ 15405 levels which is in an uptrend but is weak and we are still in the overbought zone at the moment, and I think we might get a little bit of a pullback.

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The market went through a sharp decline that made us feel despondent, but it returned to recovery after 3 months, and once it rose, the drop returned much stronger than its predecessor, so that I had what was equal to 300 dollars and fell to less than 100 dollars .. It was necessary to trade even in the event of decline and compensate the loss better  From all this waiting ... but no one can predict the movement of the market ..

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On 3/29/2020 at 3:46 AM, MCSGlegend said:

I think that this decline in price was due to the fact that people who are not experienced just started selling all the cryptocurrency thinking that now prices in the entire market will fall.

Everyone was afraid of the price dropping and therefore they started selling all the bitcoins they own, but it is considered a good opportunity for expert people to start buying Bitcoin from the bottom in order to make profits when the price rises.

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Well I don't really have any thought about this but I know of a investor that lost almost 2000$ due to the recent crash of bitcoin but thankfully the price is going up again

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This is very normal, as soon as the value of Bitcoin rises, the rest of the currencies begin to decline, and you had to offer the other currencies for sale directly when the price of Bitcoin began to rise, because when it starts to rise, it usually rises very quickly due to the abundance of demand for it.

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On 3/13/2020 at 3:29 AM, rekter said:

BTC just bounced from MA 200 but do you think that support is going to hold? I am extremely bullish right now on it, but my altcoins did take quite a beating and i am still regretting not selling those before but i guess i can't predict everything. At least my alts are long time solid in fundamentals so they are bound to rise some day. At least i am hoping so.

https://www.tradingview.com/x/VHkT3uBj/

I think when it crash I think due to coronavirus but now it's price is highest point. I think it's price will be rise. In my prediction bitcoin price will be reach at almost 100k in the end of this year 2021. If you invest in it and hold it you can take a good profit.

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Since the Bitcoin creation, the whales using their preferred strategy of plant panic on beginners traders to sell or to buy coins. The majority of traders are beginners without experience, or still they don't understand the cryptocurrency market movement and whales strategies.


 

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There may be a drop in the information on the graph, but it can be well argued that the altcoins market today January 25, 2021, is having a radical increase in it, it may be that bitcoin is stabilizing and giving new opportunities for other assets to grow.

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