Bitcoin Forum

Guyz what had happened to market, seems a sudden crash to everything, Bitcoin is dropped to 7100 in minutes. Any news?

probably bankers printing money and selling at a loss, what do you expect when you trade a limited supply for an unlimited.

btw, do you remember another time in history when they faked the news in order to buy up all the supply for pennies on the dollar.  :P
http://news.goldseek.com/GoldSeek/1192819378.php

Remember this? https://www.youtube.com/watch?v=UTj61gE4mug The Rothschild funding both sides of the war? faking news?

Yah just hold until these cucks pump :P

https://pbs.twimg.com/media/D6bInU3WkAAj0ct.jpg

IF FIAT PRICE GOES TO 0, AND YOU STILL HAVE 1 BITCOIN, YOU STILL HAVE 1 BITCOIN
DO NOT FALL FOR THE TRAP AGAIN!

They want you to panic sell so they can obtain more mass.

You join here in 2017 which means you have a little of knowledge how volatile the crypto market can be.
You should know by now that whenever bitcoin raises in price, there is a period of correction or pull back afterwards. Do not expect the market price to be only on the rise forever. That is not a healthy market.

Doesn't seem to be anything atm. Thousands of bitcoins were sold in a short moment that caused the sudden drop from $7800 to $7100. Whoever sold that 5000 btc on Bitfinex in a single swoosh seemed to have wanted to take profits but crashed the market instead. Anyways, price is slowly going back to $7300 right now yet it still amazes me how a few thousand coins can actually crash a market that hard.

I see, so 5000 btc sale order at Bitfinix was involved in this drop. Do you think Tether / Bitfinix issue is the one of the reason why someone sold those 5k BTCs or was it just a whale dumping?
https://www.coindesk.com/tether-ordered-to-freeze-transfers-to-bitfinex-by-new-york-supreme-court

Maybe this is what they are predicted last week that during the rise up it will make some minor correction before it will make a full blast on bullish run so therefore if it is true then this is the corrections that they are talking about which is also an opportunity for us to buy cheaper Bitcoins with hope that true bullish will be the next in the timeline.

Wait a minute. You say he joined in 2017 so he has little idea of how volatile the market can be??? LOLOLOL! Do you realize all the volatility that has gone on since he joined? LOLOLOL!

GTFO of here with that talk. This is for serious posts only.

Bitcoin is volatile and the sudden crash or even increase is still normal. I don't bother by this because I see it as a notmal thing. Bitcoin could change its value anytime because of the supply and demand rate so we should just deal with the possible changes.

That's all it takes and then the bots take over and cause the market to snap back a little. We will be back up over $8000 before you know it. Consider this a good buying opportunity.

this is clearly a big whale manipulation followed by a bigger panic move by the bots with their stop loss orders (big red sell button they push at times like this!), it doesn't really need any news to get triggered, just the price to go down below their stop loss levels to trigger an avalanche effect.

the news might have something to do with Binance opening up again. that is why in the past couple of days the groundwork for the FUD was being put in place all over the internet with FUDsters saying Binance is the reason for price rise!!!

 :'( It is difficult to understand the movement of the market. In less than a few minutes I saw that. What is the matter. My opinion and the same opinion Bitfinix was involved in this drop.

Well, I think this is just another normal day in bitcoin. A single big transaction can affect the whole market but soon it can be forgotten and bitcoin can rise again. I am not personally alarmed with this development because I had seen bitcoin crashed before again and again yet it has this resiliency we know of though sometimes if there will be a winter it can take time for it to recover. We are still in the bull run right now and more players are getting in so am sure many of them are happy to see bitcoin bit a dip so they can buy at a cheaper rate...

It was going parabolic upwards. If it kept going we would be at $20k today and $50k by Monday or Sunday... There isn't a single asset that can support a parabolic ride like that in such short time frame.

As many experienced traders warned, a pullback is happening that's it.

The bottom is expected to not be lower than $5200k. Keep an eye on the moving average lines. (200 and 100) It may touch at least one of them soon.

If we are lucky it'll be the 100 day MA which points $5200.

It is purely a manipulation by a big whale who holds large volume of bitcoin. Following this we can expect more people to get panic and make decisions as supportive to the whales who take make use of it. Better is to calm down, there will be some level of price crash which in a short time period will begin to recover. Already the price after falling to $7100 has crossed $7300.

I mean, I really thought a price drop was almost inevitable. I didn't think it would drop THAT fast though. If anything, it looks like price manipulation(which is really nothing new to be honest), or somebody dumped a huge chunk of BTC. Regardless of the reason, whatever. Just a small blimp in the long-term price.

Stop with the ignorance already  ;D
When did the Volatility ever go?

$4K to $8K within 6 weeks and then a drop from $8500 to $7100 within 24 hours and you still think volatility is gone?
Do you even know the meaning of volatility.

How stupid can some posters be?  ::)

After the bull rally from last days, the sudden crash was normal and expected.

We are currently during a market trend change, from bearish to bullish. However, bullish does not mean that we'll see only green candles all over, price will mainly grow, but we'll face corrections, too.

Was looking for a good explanation and I saw your post, one very interesting thing you note is how few thousands of dollars can crash the market, this is very true, one or a group of whales can make an impact, my take is this is a group of guy who wants to make a profit and the price at $8000 level is a good level to sell some.

This can happen from time to time take note of this.

That is what happens in cryptocurrency, and you already saw it happen.
The price in cryptocurrency cannot be predicted, and we have the experience to see the price in the higher price, but in the next minute, the price is going down with fast.
If you are always preparing for everything that might happen, you don't have to be panic, and you can always have a solution regards to every situation you have.
I think this is a deeper correction for the price, and it will always happen like this, but we don't know how much bitcoin price will be down, and right now, we see the price is down too deep.
But now, I see that the price is trying to increase for a small price.
Let's hope the price will be back to the last higher price before.

Well, If you've been here for the past month - you might have noticed Bitcoin was hoovering around 3.5K for quite awhile....

Then a moon launch happened - we are here one month later and... Poof - Bitcoin is $7,100.

I don't see the problem  8)

Corrections. We have tried several attempts to break the $8200 barrier, but was unsuccessful. So people just decided to sell and then followed by panic buyers.

That's how the market operations, sometimes we really need to see some retracement so that we can move further. The price is $7300 now, so don't expect something big to happen in the next comin days.

Bitcoin is really volatile now, It pumped high and now correcting before further move ahead, You can't expect Bitcoin to keep going up without retracing. Good opportunity to load more.

guess this is the correction all ta "experts" has been talking about it seems like everytime btc goes parabolic in the start of a new bull market it corrects back atleast 60% from the new high before it pumps back up again.

It's not a crash, it's correction. And it is usual, Bitcoin is volatile, don't forget that. I can't understand that every time when the price starts to rise people expect that it will last forever. By now you should have learned that Bitcoin can't be predicted.

This and a number of Bitmex longs liquidated.

The good news is that ithas fallen to under 6200 at some point and it has recovered.
The bad news is that the current 7200 may be fragile. It may be an interesting day (for some).

I do not have any statistics to back my claim, but when an exchange blocked withdrawals during a small Bull run and they had a major hack like Binance, then it would make sense that loads of people would sell their coins, when the withdrawal block was removed.  :P

We had several months where nearly nothing happened with the price and now suddenly it jumps up to $8000+ ...so it is just natural that some people might take some small profits now. This will trigger a domino effect with automated trade bots, thinking that this is the start of a correction phase.  :P

Seems like there is a manipulation since I haven't some information that can make its price come to down. This is important for us, market cryptocurrency is not like the other market. Its price can up almost 50% in several hours but its price also can down 50% in several hours, there is no safe way unless you are not a greedy person which always canny when deal with market cryptocurrency. However, regardless of that seems like the price will up again and I just wanna say this is the best time to buy and sell again when its price touch $8200.

Don't worry thats normal. People who buy bitcoin at $3.000 - $4.000 now try to get profit. Those investors will get 100% profit. But the bull market is not end yet. There more people who buy bitcoin at $5.000 and above. Those investors need to hold their bitcoin for a little longer to get profit. Actually the main factor of bitcoin price rise is the growing number of  bitcoin adoption. So the price will tend to rise.

I think this is the collateral damage that has been made by the recent pump that we've witnessed. Although we've been witnessing and aware of that it's still kind of shocking to see the quick drop in your face.  :-\

No news except for those claims by those experts that bitcoin should be dumped and forcing people to sell it. It's not a hidden reason anymore when there's a sudden crash, a massive sell offs happened and this has been done by some whales.

Aside from the market making a correction that I already predicted days ago, I also predicted that threads like this will be created on this section.

You're a full member but you don't know how the price of Bitcoin moves. Maybe many of you are thinking that the rise of Bitcoin will continue and continue and continue :D. Be realistic dude. I expected that a correction will happen and this is the day that it happen. Don't forget that market manipulation is already happening so there is a possible manipulation here.

Yes if OP should already know it from the past events of crypto,
We should just wait and see how much it would fall down this time and if it would start to go up again soon.

Bitcoin is really volatile and this is just a mere fluctuation in the price. I think we will see the price develop if we are going to look at the bigger picture in the next few months. You've been in this forum for a long time and I don't think you should worry that much. And if it goes down more, just look for opportunities to invest.

This could be true, but I don't think this is the case. Based on what I have read, it is basically a whale who placed their sell order and executed it at a certain price by mistake(Fat fingers) which led to the sudden drop.

The market is already recovering currently and BTC is edging closer to $7.4K currently.

Nothing important.bitcoin needed an correction and its healthy.if bitcoin doesnt below 6800 its ok for me.we needed to rest a while thats what happenef

I wouldn't describe this as a collateral damage but I'm sure everyone here who has been in the market long enough, or at least in 2017 really knows that this kind of retracement is inevitable.


Even if there is no FUD, people tend to sell to take profits, it's normal. We may call this a healthy pullback, and look at the price bright, how many of us didn't buy when the price is around $4000-$5000? And now seeing the market had a rally in the past months or so, many are wishing they've could have enter before. Now this is their chance to re-enter and put their "put one's money where one's mouth is".

This I believe is just some corrections, traders are taking profit, we should expect another market consolidation and the price of bitcoin will again go bullish and may set another new high price.

its just a few percent drop there nothing new about this because Bitcoin Value is So Volatile
it drop some percentage but it the long run it will still break the highest price

Nothing's special in here. Senior members doesnt care much about the extreme volatility of the price because it happens a million times through bitcoin's lifetime. This is how crypto works, dont worry it will go up again this month. You will get used to it soon.

bitcoin and altcoin are fluctuating currencies, there is nothing to worry about.
if you trade or hold cryptocurrency assets that means you understand this

I guess that will be normal.

It's been a while since investors experienced this price and it is obvious that some of them will be selling some of their BTCs, because of that the price will go down but you don't need to worry since it will eventually continue to rise. Sudden changes like that are normal for Bitcoin since we all know how volatile it can be.

Welcome, panic sellers. You guys are the real problem why we can't go stable in a good price. You spread FUD to one another instead of thinking that this is normal and it could just a correction. you guys should be happy the progress that btc made in the past month instead of being pessimistic and speculation another all time low.

It's natural vulnerability of bitcoin, but I think someone or some giant dumper has been help to dumping this bitcoin value at short time! but I think it's not deep dumping, bitcoin naturally can do recover this price again in too short time! and bitcoin also now also road of pumping!

To be honest, I've been expecting this sudden crash but I don't expect it to crashed down to $7,100 suddenly. The market is so exhausted and I expect some huge bearish trend like down to $7,600. It crashed like hell. Well, I just stop loss from $7,900. Good thing I've made a right choice before it went down to that price.

Yeah I think most of us are already aware of this but didn't expect to be a huge crash in just a short time.
Everytime that a crypto jumps up there would always be a bounce back so most of the newbies should know this.
The only question now is what would be the lowest price now?

when BTC starts climb and passes resistance. many investors flock depositing fiat to btc. and immediately they thought they were in a safe zone to make a profit. and sudenly when the price dropped they panic and sell as fast they go make the market crazy dumped. there were to many instant investor those who only want to take profits quickly make the market wavy.

It's normal to happen because this is crypto, "can be control" unlike gold.
Personally I have no problem with it because I see crypto for long term so you should do the same,man.

Less stress guarantee !

I do not know where you get info that 5000 BTC are sold at Bitfinex, the information says sales have taken place on Bitstamp where price is drop to $6200. However one theory include Bitfinex as a potential culprit for this flash crash, we all know what accusations there are against them and USDT. Maybe they just take advantage of the situation and dump those 5k BTC worth at the time $36.3 million, or it is maybe just about some whale who buy at $3000 and now decided to take profit.

If only 5000 BTC is enough to shake the market like this, we should ask ourselves what would happen if someone dump 50 000 BTC or 100k BTC ???

https://www.cryptoglobe.com/latest/2019/05/crypto-market-loses-20-billion-over-bitcoins-1000-flash-crash/

Most likely there's a big whale that dump a huge amount of BTC, but this is not a natural vulnerability IMO.
My evaluation to this is that the market will climb again, there's no big panic yet, price easily recovers and getting stable now.
The dump happen only cause minor and temporary effect, we should be good.

Don't worry that is part bitcoin volatility .
Today ia weekend people withrawing their bitcoon for the expenses.
The recent crash situation is gives opportunity to buy
Because its suprising quick dive the local bitcoin
Lets monitor and hold hand for bitcoin strogerly.

We don't have any news to tell, all we can say is that it's natural for a rapid pump go a rapid drop since early investors before might be selling their coins for a secured profit isn't? but no matter what we can still earn from here through day trades and swing trades.

Those sudden crash might be an opportunity for us to invest on a near future bull market, right?

Let's say it will be a little correction, and we should not panic over the market. We won't stay high for ever anything that goes up most come down and vice versa.

It's no surprise that it might happened since we also see a sudden pump and so we should also expect to see a sudden crash here in the market since that's how the market works if someone whale invest then some whales or group of peoples will sell their coins in order to earn. So far let's hope the market will start the bull soon or maybe it's our chance to invest more in Bitcoin.

Situation like this does not push me to panic, we definitely will look in the side of the newbies who don't understand the market or who are just coming into the market for the first time. I will advice that we should not spread Fud when the market is having a little correction.

When are into this for a long time as an investor, you should understand the chemistry behind the sudden rise or fall of Bitcoin price. In a situation like this; whales have their cut and decided to exit at the backdoor. Although nothing to panic about, as the market will bounce back in a know distance time from now.

I see in the market, the price is down too deep, and besides that, I also see the order buy and sell is moving so fast, and it seems, there is a battle in the market. I wish I can get some bitcoin at the low price but I think I miss the very low price before, but I don't mind to wait for another low price. I think the price will be stable at this price and will increase again in the next week.

Not a surprise though since it has been rising for quite some time now. I was in fact expecting a minor correction before the next big rise takes place.
If you know bitcoin better then you should know that if bitcoin's price rises suddenly then it will stop at one point and undergo a minor correction before it makes the next big rise.
This behavior is in fact needed so that the other investors could get in the trend when the price falls back a little.
The recent correction is due to the US futures stock is trading lower as said by Cointelegraph and Coin360. It is also said that if bitcoin recovers this correction then the next resistance is not until it hits $10k.

As i read some whales sell hundred amount of bitcoin, and this i think caused the drop and if whales wait more then the price could go more high but maybe they sell because they get enough profit.

It has always be like that, Bitcoin rise and fall, could either be a long bull run or a short bull run, which many would like to tag, TRAP bull run, but the beauty of the whole thing is that, Bitcoin price cannot; no longer fall bellow $4k, so let be happy becasue in due course, there will be another round of bull run, that probably will take a longer run than this.

Its obvious that the price  retraced or pullback before continuing the bullish trend its obvious  the price couldn't break the resistance at $7K+  after the massive drop experienced few hours ago presently the price is holding that zone it might not go down below that zone as it is now the price is gradually gaining momentum ie bulls moving the price upward.

Someone who can manipulate the market, there's chances that whales are playing and wanting to have more, this artificial crash can turned to much bigger pumped after, this volatility makes investors more interested to this investment currency, prepare yourself to a much stronger pump.

Calm down dude! it's just a very normal situtation in crypto market. I think with those who are in the crypto market about a year all know about its highly volatile. Sometimes, it has a slightly increase, a remarkably increase; but sometimes, it's immediately falling. That's specific the whole market works. Personally, thanks to its volatility, rarely do i have too much concern on bitcoin price, because i believe that no matter how falling it is, still it will soon have a recovery.

First of all, it wasn't exactly $7100 but $6200 over Bitstamp by a single whale claimed by a trader who said he already had such information of this incoming dump by his internal sources.

Source: https://dailyhodl.com/2019/05/17/huge-whale-sparks-major-bitcoin-btc-crash-says-crypto-trader-plus-ripple-and-xrp-ethereum-stellar-tron-cardano/

A pump cannot be carried by a single whale, but a dump can.

Reasons? See this:

- There were a lot of Shorts even when $4500 was on the table as bears were still looking to take control back from the bulls, but the exchanges were suffering losses which made it them want and escalate this unusual bull run for obvious reasons of their financial benefits. It was shot above $8000 in just a few days which made shorts lose their positions as well as a lot of money in those leveraged trades.

- This created an environment where it all looked surprising to everyone as how did the bull run start so quickly and all of these traders started following the trend which made them "BELIEVE" that BTC has now turned completely bullish and it can't turn back. Then comes the whale (I probably believe he's a bearish minded trader currently or tried to recover his losses through selling a massive amount of BTC in a single shot to drag down BTC to $6200 at a single exchange). According to the article, this made other traders try to figure out how to buy BTC over Bitstamp and make the best of this advantageous opportunity by doing arbitrage over other exchanges. So, to stop them from benefitting through this, other traders over different exchanges followed Bitstamp pattern and threw the price to $7k which could have made really handsome bucks to that whale if (and he probably have had) he had leverage trades open with high leverage towards down. Else, just give me one reason as to why someone would just dump an asset over a single exchange when he could have sold them in parts over different exchanges?

I was in shock too from last night when it was steady climbing past $8200 then after the night passed see it down $1000 as of now.
Went to youtube and after a quick search see the headlines "manipulation" in the titles of almost all the crypto influencers.
How the their tunes have changed all the sudden. :-[

We are in a volatile world where such quick reductions and increases can happen at any point in time. I am really not surprised about this sudden down trend of bitcoin and the entire crypto market. Currently bitcoin is now trading around $7k-$7200 and this is another buying opportunity for bitcoin before it increases further anytime we see the crypto market rising all over again.

Very worrying but I advice to the holder out there be patience stay cool cintinue to monitor to get fast decisoin using margin, hope this only a correction and moving up again the value.

I don't really like reading news especially in this kind of scenario as it will only weaken your trust to your investment. If you invest, it is very important that you will trust the currency that you would like to invest in.

This movement is only a little and this scenario is only part of how the market flows. Be familiar on how the market flow, other may dump their coins in order to stock more from cheap prices. So it's better that you know what do you think is happening right now and better buy more.

It seem some whale tried to manipulate the market by dumping but I guess it backfired and the market is already in recovery from the shock.I am holding on tightly to my btc until we reach a new all-time high

Well, fine here nothing happen for me. I had seen bitcoin price like this many time. This correction situation only, I thing some trader get them profit at same time. Let's look at today, see price will go to the track.

Some whales probably telling you to sell quickly or you will lose the high! This is one of their tactics so you will sell your holdings to them. Keep holding guys.

We can also said that when some entity after april fools day buy huge amount of bitcoin, $100 million to push the price. So that's how the whales played the market.

There are even some speculation that some big Asian whale was booking huge sell order and wanted to suppressed the price for unknown reasons.

That's just my terminology base on what happened. It pumped for a while and that's the counterpart of it.

Yep, sure it is a healthy pull back and another chance and period to take more while it has dipped. Those people that have been wishing to see a lower price, yeah it's now their chance and moment to buy.

^ Bro, you have been here since 2017 that is only a minor correction from the big ups of the price. Don't worry it is really normal for most of us here to see that kind of stuff. One of the possible reasons can be used against that is some centralized banks or big whales dumping their coins for fiat in a while. Keep your belt tightly and strongly hold your crypto asset right after this small correction there will be a massive pump just like what happened last week.

That's a good reason, never get trap again ;) they just want to make you panic. think that bitcoin has a limited total supply. and fiat is unlimited, bitcoin will continue to be of high value, but of course prices will not always last in high price, some time prices will fall. but don't because of it makes you panic

Always put at the back of your mind that whatever goes up must come down, so when you see such run on btc it was clear that there was some form of manipulation going on by the whales, only thing the non-whales can do during that period is take profit when you can, don't be greedy to want to ride it to the top cos you might get rekt, i wasn't that surprise to see the sudden drop because it was bound to happen any moment, but btc still above 7k can still recover.

Bitcoin has such nature of sudden crash, but shouldn't be anything to be worry about becasue it will surely come back again in a short distance time. When there is a sudden bull run, you should be expecting a sudden crash as well, but that's not the end of the story as the price will bounce back.

I agree for the most part but a short time could be argued about, im sure for the long run but crashes like this could take some time to recover if more bears follow up the coming days.

Are you new on crypto? Because all of the time price crash and pump. People getting profit when they sell before another crash. That is why people are trading in crypto because price us not stable.

No bro, this is only the market's natural state when it has reached its saturation point. This is just a correction, so don't worry, this is a good opportunity to stock Bitcoin more.
The bitcoin chart is still safe, after heading for support it will definitely experience a rebound.

Why weren't you asking this when the sudden pump happened? It's not a sudden crash, it's a normal reaction to a huge bull move that happened in just a few days, it's totally expected to go down after climbing for so many days in a row. It's not even that bad, bulls are still in full control.

Don't panic mate, things have been like this since the advent of cryptocurrency and the volatility nature warrant the sudden crash, never worry about this happening becasue Bitcoin price will surge again. Today the market has gained in price, and we hope that the trend continue for a surge, in the price of Bitcoin..

Maybe the whales did it again to make people panic sell and they do it for them to buy again on a lower price and do the same thing again and again. Some noob holders of bitcoin are just selling  bitcoins to whales at a lower price. The cycle continues, as long you have weak heart you can't gain more profit than them. Don't even panic sell, bitcoin is an investment and it really takes time for it to be worth it.

Not a crashed but a correction, it usually happened, people that already has much profits want to secure their profits so they sold all their btc and buy it again lower.
Usual thing on trading cryptocurrency

I think It's not a sudden drop it's a correction, 2nd top not broken right now if you saw day chart then you see something happening here.

Luckily the support at this level is strong. I will not call this a crash but just a correction. The market was trying to break the 8000 resistance but it failed and fell into the support level. It will try again to break the resistance as you see the price is slowly growing back up.

Probably because they wanted to buy more at this level.

Sudden pump today! it's the opposite of the crash that we've seen lately.

Market is looking good, it recovers now.
Bitcoin climbing fast and within this day I am sure it will be back at $8,000.
What a bullish day for us, market is back to green again, and altcoins are good performers now.

Just as it dropped to $7100 in minutes, just last night it rose all the way up to $7990. Bitcoin is volatile and it would definitely rise and fall from time to time. As an investor learn this simple trend and buy when it gets low and sell some when the its price rises again.

Yes and seem's like those who bought it back when it drop already manage to gain a huge profit in just a short time.
This is why I really like a quick trade I just hope that those who bought it before it crash didn't panic because they would really lose a lot by now.
But provably if they are new in the market and really have a weak hands then they already lose some of their investment.
And this could be a lesson for them as well .

We should get used to this, drop make the price stronger everytime it bounce back up.
Big pump is good but it's normally resulted to correction and I'm glad although we seen a deep correction but the market was able to recover.
This really tells us that we should not worry of any possible correction as the bull is strong enough to take us up again.

It's just a correction, if you pay attention in detail, this also often happens on Friday. some people just want to withdraw their bitcoin and pick the hold with them. there is nothing to doubt. You should, if this happens, you can get a slightly cheaper price to short for the next few weeks.

I didn't notice it mate? Anyway,  Let's have a look at it next Friday if there is a dump happens again.

But anyway, either that is market correction or not,  we have to understand how our market being at volatile. Dumps show anytime and we never knew when.  It is how to believe that market still alive and follow the path of what it's started.

This is normal, in fact, if this hadn't happened earlier, we would have seen an even bigger crash. And the fact that all these price increases or drops that happened suddenly have all been attributed to mystery big orders belonging to big whales, means we have to always be on our guard and make sure we're not going to end up taking the short end of the stick when the big whales go out to play.

Lol, the market doesn't always move the way you want, even though the price of Bitcoin and Altcoin has dropped to $ 7100, Bitcoin along with other cryptocurrency, is ready to recover with rumors of a potential price of $ 10,000 this year.

That's too low if you will ask me, that $10,000 is not hard to reach before the end of the half.
Bitcon started is big run again, back to where we dropped, it's $8K already and still moving up, I would continue to hold at this movement.

It was only a temporary withdrawal of Bitcoin to correct its course. If he does this, it is the opposite, evidence that in the future he will again be ready to grow in value. Therefore, if yesterday, Bitcoin had a price of about $ 7,400, then this morning, he picked up, according to CoinMarketCap, to $ 7,900, and now his price has risen to $ 8,079. Thus, he again broke the barrier of $ 8,000 and now has to grow towards 9,000 - 10,000 dollars.

I know bitcoin price will rise above 10,000 before the end of this week bitcoin have shown steady increase in it price after a correction of $7,400 and now seating at $8,000 and still growing. The market is very Bright and in no time from now the price will rise to $9,000.

Truth. Some people will still panic no matter what sometimes though, but it's ok. As Bitcoin stabilize more then it will be a lot easier for people to control their emotions and especially don't let emotions control them.

Now in the really far future it will probably be really easy to keep your cool but at the time we will probably be the ones telling stories about when i was about your age i was doing this and that. I think that boring kids with the story of how Bitcoin was so unstable before and people used to say it was a scam will be good entertainment.

Just relax.

Lot of people sold there bitcoin because of fear.That bitcoin will fall again.Even friend of mine sold his 2 bitcoins @8200.That he bought at 3400$.He said to much greedy is not good.By the way he earn 2X profits in 3 months.He sold before the sudden drop.I hope the market will correct soon and start bitcoin's bull ..End of this year I hope bitcoin will stay between 12000$-15000$ range

Dips and correction,look at bitcoin now currently @7.9k turning to 8k in any minute of this day bitcoin came from 7.3k mark this morning and look how much we pump again.This mornings dump is just a correction for altcoins and just a dip for bitcoiin we will continue to pump.Trust the process

When the big whales wanted to play, it's good to ride on their path and don't prefer of choosing to dump easily. You must have focus and determination in order to survive even though there's a sudden crash happening. Don't expect quicker rise to attract massive orders with other coins, but I think it was a slow rise could trigger that to happen. We need to consider dumping price also to occur prior reaching to the top price expected.

The sudden drop in the price of Bitcoin was meant to happen considering the patterns in the trading trends of it in the crypto market.  Only strategic and well planned investors and traders who have really monitored the crypto market could understand and take advantage of the drop in the prices of most top cryptocurrenies...

I think that the sudden crash was because of the major correction in bitcoin and it is pretty normal in cryptocurrency particularly in bitcoin. If there is a pump, there would be a correction of it. It also depends on the pump whether it is a big pump, comes with big correction or small pump with small correction.

Probably the volatility nature of cryptocurrency warrant the sudden drop or crash of it price. But there's nothing new on the recent happenings, becasue Bitcoin is about to set another All Time High again before the month runs out, so, basically nothing to be worried about. At present the price is moving up, and hope to see another bull run.   

I don't see the Bitcoin market rise above the $10,000 price range you mentioned because ever since the crypto market experiencing some surge in price Bitcoin market usually increase by $1,000 in the week it was not manipulated by whales. Therefore, the market will be between $9000-9,500 price range.

There was a huge sell order in one of the exchanges and so is the reason there was a momentarily crash in price, either someone made a sell order when he was really drunk, if not it was a deliberate act to create panic and nothing else, the market started recovering in a few hours even though there was a flash crash and the market is breaking all resistance with ease and i am not sure where it will end in the third quarter.

Forget about that dump, whoever dump failed on his mission to cause panic.
Bitcoin seems to be back again, reached $8200 as I am writing this post, so it looks like we are into a new high for this year.

I look it normal events, occurring dumps will simply mean that there is a market change and we love to see its price keeps on moving rather than to be stagnant. I look forward to having any dumps happen cause it will give me chances to buy more BTC. We never have to worry if we experience like this cause it happens all the time since from the very beginning if we tried to understand it, that is its nature and nothing to complain.

I am not certain how that sell order came through until we have a detailed media coverage regarding that, if it was a major sell order it would trigger a panic and people will book their profit looking to enter once again when the market retracts but that scenario did not happen and it might be a accidental sell order that crashed the market for a moment and the market started rising again, how long the market rally continues is to be seen.

Seriously we are in, Bitcoin haters aren't able to stop the growth of Bitcoin becasue it's unstoppable by any human or government of any nation. They thought they can Ban it, destroy it, but all failed, and here we are, watching Bitcoin rising to another new high again. The more they dump, the more it grows.

We know that crypto currency is volatile and it has have a unexpected response for every minute. Because of the market situation right now they said that they will bring Bitcoin back to the highest price that would last 2017. Base on the analysis of some expert and professional in crypto situations all of them talked about the breaking of Bitcoin price on last 2 years passed.

These panic sells are merely part of an accumulation cycle so smart investors can see you you coins back at the top.

Unless you follow basic principles of day trading then it is best to store coins offline securely and hodl - trying to disconnect from following day-to-day developments.

Oh, YouTube bloggers are the same guys as we are. They are just sharing their viewpoints with subscribers. However, I agree that we saw the correction of the market and have chances to see BTC gaining.

I think that you should not panic and every time consider the correction as something terrible. You must understand that the price of a coin cannot grow all the time. There are always people who sell bitcoin at certain levels. These levels are usually found on Fibonacci retracement. Therefore, spend your time studying technical analysis and then you will better understand the processes that occur in the market.

People panic for nothing becasue Bitcoin can be down today and tomorrow up standing, so, we shouldn't be afraid wheresoever it deem fit to show forth. Currently the price has started to grow up as at now the price is $8,130.55 and we hope it continue to grow for the community to spike up again. There shouldn't be any form of panic.

Just big sellers shaved off other players ' stop losses before pulling the price up again. This is quite a normal and expected situation.

Typically, bitcoin needs some correction phase before it breaks the resistance. It my opinion, we are in an uptrend situation. There are many things to be considered before it goes down again, just like the updates regarding with bakkt. But as of now, we need to seize the moment before bitcoin return to 3k dollars. I wish it won't happen right now.