Bitcoin Forum

Start of this year, makes people happy cause crypto market started non-stop pumping where altcoins also goes expensive and some altcoins were out of range to buy. But from today, it seems market enter into correction mood where altcoins dump 15% to 40% including Bitcoin. This is a heavy dump of market and we don't know where it'll stopped.
Is it natural Or it could be cause of bitcoin having which is going to start a week later. What's your opinion?? Some people mark Iran attack isreal issue as responsible of this current market situation

we have seen this similar situation last Mid of March but I don't seem to understand the main reason why now that the value
stays lowering an no recovery happens,so i believe this is the effect of the coming halving and the situation is almost  the same
season of halving.
but hoping that there is a twist this time as the presence of ETF is here.

I highly doubt it has anything to do with the conflict between Israel and Iran. This is normal behavior before the halving; however, the ETF listing has changed how a typical bull market plays out.

Look still most of the altcoins are related to BTC somehow and due to the halving period that's near I think their prices will also go down as the BTC follows the drop trend.

It's not something new that these all coins depend somehow on BTC and after halving The BTCs behaviour will predict the performance of these altcoins. So we should wait a little more and see the market so that we can make a better investment decision. Suggesting an investment decision on this type of situation will be a little risky so what is more preferred is to wait.

At the start of the year, Bitcoin hit new highs, breaking past records centered on Bitcoin ETFs. A lot of alt coins pumped a lot, Solana coin in particular has increased in value more than I imagined. Bitcoin halving is only a few days away and the correction may have already started, the market has been very bearish in the last 24 hours. Current market conditions do not seem to me to be focused on a single country attack. I think it's the Bitcoin halving that's creating such a frenzy in the market.

We have witnessed all this in the past as well and I am sure this time it's not different but just need to ensure there is no decision made in hurry because most of us who are hodling Altcoin has seen massive drop in the value of their portfolio. Currently, Altcoins account for roughly between 10-20% of my portfolio which is down by around 40% now but I am going to hodl on as this correction phase is temporary and I already see some people tryna create panic.

is the dump really that heavy though we are right now down around $5k with bitcoin despite that, there has been quite many correction that dumps similar to that amount and the market recover fastly enough for most of people to not worry about potential dumps, I mean yes there are chances that the market will dump but we haven't passed the halving yet, I think the market will be fine in my opinion.
its just that the altcoin are bleeding hard in general, the ones that got affected so hard among them are ethereum where it just lost 25% of its value within a month after having some good pumps.
as an ETH holder my self, I don't really consider this correction as a problem, since i bought at lower price anyway im not losing anything at this correction, but I think we should be optimistic that the price just gonna climbs up again after the halving occurred even more so when ETF somehow got approved then its gonna be big for ethereum and maybe could even make the market bullish and as the result bitcoin also climbs up at the end of the day.

If a correction is to happen, then it will definitely happen. And to explain it, we will be told what caused such a correction. But those who were ready for a correction are now quietly buying coins at a reduced price, and those who were not ready are counting losses.

Right now crypto market is getting pump and altcoins what were lost 15-30% value, already started recovering their price. I don't know what was the reason behind that dump but I think that was natural otherwise market won't started recovery within such short time. And there's lower chance if market was down for having issue, if so then it market could dump more and more till the halving end, rather then recoverying

This happens every once in a while. Its rare for BTC or ETH to lose 30% in a 24 hour period but its common for many alts to lose this much. Scanning Coinmarketcap you had coins like PEPE and Doge which took huge swings. Even larger cap tokens like Solana had crazy drops. Dropping $10-$20 in seconds for Solana is just crazy. Many people were liquidated in the last few days.

It happens and what made it worst was that the Iran rockets were fired on a weekend which has worse liquidity. Hence why the selling was so intense. Tons of sell pressure and just not enough buy liquidity to absorb most of the sells. This is why you shouldnt ever have low cap alts on margin because its an easy way to get liquidated.

Probably, panic sells off by many traders triggered by the situation between israel and iran. This causing the short term bearish trend like when the news about russia attacked ukraine being published several years ago. This is still nothing compared to that time.
Bitcoin went down even deeper than this time. BTC is now having strong foundation as the more stable companies owning it and it means that the price will not be plunged so deep. Im sure that halving's impact will start to appear probably next year.

We have been hearing the same that the cause to this was because of the Iran attack on Israel, but i don't expect the correction to be that felt in this way, the market is unpredictable anyways, we are driving close to the halving and we should expect more of these happening, this is just to remind us the need to continue to hold in times like this, we don't have to be scared for nothing, instead, take this as an advantage of investing and holding till after halving. 

It is suppose to be natural, the time of halving the price drop more probably because of uncertainty. This is the first time I believe that we have price creating a new ATH even before the halving. Things may be a little different with the drop that is unexpected with the way that it started dropping just after the threat between Iran and Israel and that is the reason some people have felt it is because of the wave of war that investors are pulling their coins and causing further drop but we know that after rain come sun, that halving is just few days and after that the bull is expected.

We can't be sure about that, many factors affecting the price badly nowadays and there's nothing we can do about market volatility because that's the characteristics of cryptocurrency. Bitcoin halving is prone to happen in such crucial situation, and due to speculative ideas it's the toxic mindset of other people to start panicking when there's issue like war or any unwanted phenomena.

It is true that currently the crypto market is experiencing a correction where almost all altcoin prices without exception Bitcoin are experiencing a decline, but in my opinion this is a very normal thing to happen, and of course is a very good situation for those of us who want to start investing in crypto. where we can buy several potential altcoins such as ethereum, binance, solana, and xrp, I am very optimistic that these altcoins will provide profits in the future.

Not sure if we can still call this as correction when the market is staying this low moving and cannot
even back to65k for how many days now? https://coinmarketcap.com/ i also believe that this is the beginning
of the market dumping in effect of the coming halving when we knew that each time it comes? the market
shows  dumping badly for couple of months straight .

I think so far there has not yet any unnatural correction for the marker. Yes they are dipping but they are not going any lower.

Relatively the prices are still quite high.


Well it could be one of the causes but I would not exactly bet for it to to be the main cause. The market has always been volatile no matter what happens politically and economically speaking so just take this opportunity to get as much bitcoin as you can.

It is all natural to see a correction before the halving because that's what the charts are showing and also analysts are also telling the same thing.
As we can see, Bitcoin has fallen to $60k and that's still a normal to think of for this upcoming halving.
There is no need to panic but fill your bags before it's too late again.

Only newbies would really be getting surprised or would be shocked with these market drops on which they would really be mainly believing that they could really be actually be able to see a market that would really be continously moving up on which we know that this is something that reality do works.  Market isnt really just that having that upward movement only on which a market would be considered to be having that up and down and its a healthy thing because if it would really be moving on one side then its not called a market but rather it would really be a manipulative thing. This is why on the time that corrections such as this then as a trader
then you should really know on how to make those kind of back up plans and those kind of actions on which it would really be putting you at advantage but of course its not something guaranteed as always
because risks is there due to unpredictability.

Reason could be verious and don't know which reason is mainly responsible for this situation or it also possible that all reason effects crypto world and that's why it dumped a lot. Even yesterday it was in recovery mood but today i got notification from my wallet, altcoins start losing their value again. Having could be an issue. Even war can be also responsible. That's why need to careful before entering market for investing or trading in cryptocurrencies

Correction is always good for the market and it does help the market reach new high. Bitcoin dues to ETF created a new ATH earlier this year after that it was expected that a correction will happen. Before halving you can check the historic data that Bitcoin does goes through a major correction but this big dip is also due to the sudden war like situation between Israel and Iran. If Israel now retaliate then another major dip can happen.

This is natural in the market, because if you can't find bullish market at the moment, you must find bearish market which is natural to investors, and it must happen in the market for long term and short term investors to begin to prepare their savings to purchase Bitcoin or altcoins against next bearish, because the price of cryptocurrency has decreased again to make the situation clear. I don't think, it is Israel attack that made the market price to start decreasing, because I can still remember pandemic season where cryptocurrency price was increasing massively but some investors thought is the pandemic that is making the price to increase in the market, which is not true. Many investors experience massive income from their altcoins investment this season that made them to confess that this year bullish season was nice, which they know that any moment from next month some signs of bearish season will begin to manifest in the market for investors to fully aware.

We have been hearing diverse speculations concerning the recent sentiment from the market as we experience the recent correction, though many believed that such was as a result of the breaking new concerning the attack made on Israel, but the market remains ever volatile and we cannot avoid to do away with having the incident of breaking news in the economy, not even now that we are more closer with halving, the remain more volatile.

well after so many waves of bullrun its to be expected, those pumper gonna load off their bag eventually to make preparation for an even bigger pump.
we as the altcoin holder might be hurt a lot with the 10-20% of price decrease but for long term it might still have potential to get back again and even reaches a higher price we just need to be patience.
remember that the fact that we are already at current price point doesn't just happen overnight back then there was so many pull back too that causes the price to be delayed to go up but thats all fine because the final result we are finally reached and surpass the bitcoin all time high and even so many altcoins are multiplying their worth.
its gonna be the same, the market will need a break before the price pumps high again and current event is exactly the break that is needed everything will come together when the times finally come.

It is like it is scheduled already mate? Hmm, I'm not sure if it's true but I think it's also possible that there is someone who is behind each financial market. If you are close to them, you will know it and you can make a profit easily. Other than that, correction can also based on the events happening around us because that can affect our potential to buy or sell.

Those who are ready for a correction should wait and won't buy now. They can also sell now because they won't be able to do it later on. Each of us must be ready for any happening in crypto like correction, so that we will know what we are going to do and make our investing journey in control and profitable.

I'm amazed and bullish for Bitcoin right now as you can see, from an all-time high of Bitcoin which is from around $73,000 and dropped a few days ago to below $60,000.
But it is always bouncing above $60,000. I can really feel that we will still go back to an all-time high because of these bounces every time Bitcoin drops.

I can consider what happened was totally correction, it's not only on cryptocurrency market we experienced the recent dumps.

We'd be back there for sure and that's the normal move of Bitcoin. These corrections are the essentials of the bull run for it to break the former ATH that we've seen before the halving. That's I think is new in history that before halving, Bitcoin had broken its former ATH.
The market might be in a correction in less than a day but as we look at it again, it was able to bounce back quickly and this is a strong sign that we're actually bullish on it. And to remember, no matter what kind of analysis we've got there, sometimes it shows random bullishness.

Op, this is very common game in crypto industry, although having and many others factor plays role for crypto movement. Even yesterday crypto market was seen as. Correction mood, Bitcoin was down below$57k but now market is getting recovery and what do you call thatt? So the reason behind dumping the market is simple, its natural but i believe, we might been a real correction who it would take Place soon as you haven't seen any major correction yet

Yes, sems like we have forgotten what a real market correction looks like but these are minor fluctuations which will reoccur until we go into bullrun, but still we see people are getting panicked especially new ones since they invested in a wrong assumption that bullrun will start immediately post halving and now they feel it's not gonna happen and they are skeptic about bull run. People just need to look at the history of price chart they would understand the market behaviour and it's the so called influencers who plan with emotions of these newbies.

I think that the better if you were doing at least a small research for that. We have seen that how bitcoin has faced big outflows from ETF market a few days ago. Yesterday there was a big inflow in the market. It helped bitcoin to so fast even after it was reaching 56k. So many countries were adding bitcoin ETF.
This is also triggering a lot of money to inflow. It really helps crypto market to recover from the big dump after big outflow from bitcoin ETF market.

The inflow has been pushing the price of bitcoin back to the top. Many people are now starting to think that if bitcoin was a good asset to hold. Look at how AU was also adding bitcoin ETF to its market. I think that there will be more countries to consider bitcoin as a good asset to hold.
This is also pushing a new hope for bitcoin and crypto market. The whales have been starting to regain its trust to the bitcoin.

Maybe it's really easy for us to forget everything that happened and get caught up in the current market sentiment, bitcoin has surpassed its ATH and is now correcting in a still bullish frame, but most altcoins are back to where altcoins were at where bitcoin rose above around $40k

Volatility in this market is not too strange to those who have gone through a number of cycles, it is considered an opportunity/risk in the investment process, although it depends on our perspective. In this field, there are always those who fail and also those who succeed.

In the current context, we are easily manipulated by different news sources to increase/decrease the value of cryptocurrencies, and with each different approach strategy, each person will have a view on the object they choose. I have always loved bitcoin, but will not ignore the opportunities to optimize profits with altcoins and accept the risks.

Many people are still easily consumed by news of economic or geopolitical FUD that is happening so that their fear makes their minds confused and becomes a paper hand for the Bitcoin or altcoins they own

The Bitcoin and altcoins market correction that is occurring is actually not something new, it has been happening since Bitcoin or other altcoins was first traded, so as investors we must try to be calm in facing every news that comes in or appears

If we look back, we will often see the crypto market entering a saturation period and usually this happens when the Bitcoin price has finished its bullish rally, now that means the cause of the market correction is not an attack by Iran or anything like that, indeed the market correction is a natural part and important in the crypto market, it is impossible for prices to continue to rise, when the price of bitcoin reaches its peak the price will automatically fall too and altcoins will also get the impact of the price drop

The main thing is not to make such a mistake, as it was at the end of 2021, when the trend reversal was mistakenly perceived by many as a correction. And many continued to make purchases following the DCA strategy and eventually were forced to either sell, fixing a loss, or hold for several years.

at least this is not about the war that makes the market falling instead this is about the correction
and the normal effect of Bitcoin halving , things that we have been witnessing for many years now so if ever
we will experience a so much dumping then for me this is expected lol .

and it is also amazed mate that the price of bitcoin keeps holding 60k now

this really made us thinking over and over what is really happening .

The same situation like 2021 is happening again. IDK whether this is coincidence or what.

I mean look at this.

https://decrypt.co/230546/gamestop-meme-coins-are-taking-over-solana-as-pump-fun-sets-record

Roaring kitty is back again. GME pumped 100% and GME meme token 400%. This is very similar to the situation before 2021 bullrun. I think that the correction will be only temporary. I meant this can also become a signal if crypto is going to get back its big rally again.

Im hoping that this is gonna be another big bull like what happened a few years ago. It seems to me that if 56k has already become the new yearly bottom for bitcoin.

Im expecting a big rally to happen in the upcoming year.

The crypto market to some still remains a mystery because they cannot predict well or as accurately on what the market may look like each time we are going through a bearish or bullish trend, this is not also the first of it kind that we have market correction happen with time, things are not just the same way we have known them to be because we are dealing with volatile cryptocurrencies and each coins as well have their season of performance aside the general trend.

It's like playing in gambling in a casino, that not all times we can win. The crypto market is also a business and someone else or the exchanges, profits from the people's losses. Even though crypto or the market, works like that (in cycle), it is still possible that the wars can affect them and not only the wars actually but other events too.

I am not sure about the true importance of the correction, I mean if what it contributes in Bitcoin internally or in its blockchain because I'm also/still aware that people can benefit with it by buying cheaply. It may not be like the halving where it decreases the supply of BTC making it to be more scarce in which its value can now be able to rise more.

It looks like the market is in correction with this situation, we also doubt that the price of bitcoin will fall again after the halving occurs.
On the one hand, it may have something to do with the conflict that occurred in the Middle East, many problems occurred during this year's halving because the bullish market did not occur, only Bitcoin and Ethereum experienced price movements, is this still a correction or other influence?

Correction is natural thing in market. We can't except to pump crypto Market continuesly for infinity time. It'll have started correction when time come and similarly Market will pump when the time come for pumping. Right now i can't prediction any possible reason. But we need to ready to face whatever the situation will come and need to take action depends on time, so keep it in mind and manage your money with your own responsibility  

is it EXPECT ? and not except ?

and there are no continues increase in anything mate not even in all investment in the world,
but bitcoin is always better to look in so many ways even in the future.

lol we can only predict one thing and that is the increase from the Halving effect at least in
the next coming months.

Managing money has been the pain area for most of the users including those who have earned a fortune during bull run as I have seen my friend and even I have made those mistake wherein we were unable to plan out investment and strategy properly and end up losing it all until recently I figured out DCA as the best option. We need to come out of zone that we can predict the market like if it's in correction phase, pump or dump and rather have planned strategy for all the market situation.

It will take your experience to come up with this realization as you already saw what happened with your initial strategies. Also, as this market is very diverse, there is no single strategy that would work for various projects. Each project is unique, hence, you need to consider every aspect of its development. This is actually tedious as you will consume so much effort and time studying their possibilities. Hence, if you have no ample time, better stick to one or couple of alts to avoid too much stress from this market.

DCA is great for people that have steady income overtime they simply just DCA their capital into bitcoin and they are profitable already but its always the game of time.
predicting the market works wonder in the favour of us venturing to get more profit than usually by risking the safety which is what most of people afraid of when investing but yes.
its always nice to have peace of mind to DCA rather than keep predicting the market if our prediction turn out not so accurate anyway.
personally i will stick with both, just for the sake of getting that additional profit since i don't really have the luxury of waiting until the price reached target sometime.
its just overall matters of what we prioritized the most.

It was just speculations, that war has no huge impact with the corrections of market price. We need to consider demand and other factors that arises randomly. As we experience fluctuations, the downtrend gives us the opportunity to initiate an entry for every investment. Let's see how this current pump affects our holdings, stay positive and stay firm on decision making.

At the end each person needs to select the strategy that works for them, I dedicated a great deal of my time to study the markets to become a trader, but even if a I have a solid strategy I realized early on that I simply do not have the right characteristics to become a good trader, so I made the transition to become an investor and I have been doing well since then, so even if the success I am looking for is taking longer than what it could have taken as a trader, at least I know that given enough time I will reach my goals.

Yes. of course, and where there is crypto, it continues to rise and there is no correction. BTC alone is the purest and also does not escape market fluctuations.

Well, at first glance, corrections are normal, but they have a very mental impact if we happen to buy them not during corrections, when the price is hyped, that's why many people are thinking about seeing the estimated value of their assets continuing to decrease and on the other hand, it also takes a fair amount of time to get back to the original price.

It's important to keep your emotions in check here if it doesn't destroy your investment and end up with a loss.

As Bitcoin increases, other altcoins also increase in price, especially Ethereum and Solana, which have increased the most with Bitcoin's price this time. But the market has to accept that there has been a lot of correction compared to before, especially compared to the highest price of Bitcoin in 2021, this time Bitcoin has exceeded 73 thousand dollars. However, if Bitcoin exceeds 100k dollars, the price of other altcoins will also correct.

Speculation means a lot of of for traders who are seeking insight for experienced traders and what people think will happen in the future. I would say that it is part of the market cycle and it is normal to go up and down and it is up for the trader when they will take advantage of the market and it is a matter of time.

And today's market, we don't know what will happen next but there is speculation that bitcoin might dip which is a good time to buy.

A ton of alt coins siphoned a ton, Solana coin specifically has expanded in esteem more than I envisioned. Bitcoin dividing is a couple of days away and the rectification might have proactively begun. I figure we ought to be hopeful that the cost about to moves up again after the splitting happened considerably more so when ETF some way or another got supported then its will be enormous for ethereum and perhaps might make the market bullish and as the outcome bitcoin additionally scales by the day's end.

This is a normal thing that happens when market prices decline as a way to rise bigger, we can see what happened in the previous year, the market always fluctuates actively at any time when prices dump, it is not a reason that there is the influence of conflict in a particular country. So a market correction will create new opportunities for us to trade existing coins.

Why temporary issue war is always a scourge for the crypto market. I don't think it will have an effect until BTC corrects by 50% because of the war. For me, it's just an issue of costs and investors are more likely to look at market developments to see if there is any information regarding interest rates, inflation rates or the approval of a new ETF after BTC and ETH. For my own correction, I think it's quite normal at the moment.

The market is in a dump condition, is this really a correction that occurred after Bitcoin reached a new ATH, with lots of news about there being a big wave in the next few months with a correction like this, be more confident in buying coins now, there is hope of getting big profits getting closer. I took this opportunity to save some coins which I think are worthy of long term investment while waiting for the big wave to occur.

That was natural OP cause now we can see these dumps are already recovered and altcoins already raised up alone with Bitcoin. So don't be panic or don't sell your share what you have hold for upcoming bull season.rather correction market provides opportunity to buy more altcoins with discount price. So you should follow it. And It is very normal for crypto insutry to pump and dump continuously. Its also provides opportunity for traders for DCA and making profit.

If we do speak about market conditions then consolidation period or moving sideways is one of the common scenario that we do able to experience in the market same goes with those correction and pumping condition.

This is why majority of us would really be trying out to catch up whether to DCA or would be securing our profits or would really be waiting up for the right entry on which we would really be basing up ourselves
depending on the market condition on which this would really be just that a common approach that we would really be doing. It is really just that outcomes and results will really be that depending on how well we do make out some decisions on which we know that this is something that we will really be that also be in random.

Speculations would normally be floating around on which it would really be that normal. Get yourself get used to market conditions on which as the moment you would really be
able to have that kind of experience towards the market then you would really be knowing on what are the next steps that you would be making on which it would really be
just that a normal approach to have.

Of course this is also quite boring like now where the price of BTC was just there and there almost a few hours ago, many people bought a decrease of almost 20-30% but have not shown a significant increase because they are waiting for BTC, son. this is why BTC is always king when waiting is the most tedious job.

since the beginning of the year correction have been in every after pumping meaning you already knew the answer here and that is completely correction , but about Iran vs Israel's  war? this has been happening for how many years now that these countries will never be a friend.
so try waiting for a while and see that this market has something promising for you to take advantage, buy now take this chance .

I am confident to say the dump is basically over at this point, bitcoin is once again trading slightly above 70k and the market is for the most part showing a nice growth, however it is still not clear if a new ATH is on the cards during the next weeks, as even if it is not that far away, every single time we get close to it the bears strike back and the price goes down once again, however as long as bitcoin remains close to the ATH then it is just a matter of time until we get a new one.

The market needs to stabilize its movement. Moving up too fast is not that good. You should not be surprised to see that how bitcoin is still staying at the same place. The side ways may be happens for months. Just always be careful with this. I meant we can't really sure what things that will come soon.

There may be a surprise coming for the crypto currency. Im still hoping everything is fine now. People are starting to believe we are heading toward the new ATH at this moment.

Just try to prepare yourself for the all of the possibilities. Bitcoin's chart is now steadily moving up. I have been longing it and it may be getting a small correction then. Im feeling very optimistic about bitcoin at this moment.

Bitcoin may be able to break new aTH again very soon. Let's prepare your seatbelt for this. Prepare your bags.

Many people think the same way, basically right now we are just waiting for the altcoin season to come, but no one knows for sure when it will come. a correction after bitcoin penetrates a new ATH is a natural thing, especially since the current correction is not too deep and it is a good thing for altcoins to follow it so preparing for it from the start would be better, The thing to note is don't be greedy when that time comes

every currecny in crypto may experience correction and fluctuation and that is given mate,
not the problem is that how we to manage that correction if we will be rushing to sell or rushing
to buy that many whales use as strategy ?
this market is moving roller coaster most specially in this after halving season , there are
so much expectation from all sides of the market that also effect the outcome each time.

The market will auto correct itself after the some bull run,this is the common one in the most of the altcoin and the bitcoin.It was needed for the trader to hold their money at the time of the correction in the crypto currency trading.Most of the traders will loss their profit by just selling at the panic situation,So the new traders should learn to hold their money at this market correction time.Rushing on the sale was the not required one in the market correction time.The trader should not get panic to sell to avoid of the loss.The good potential coin never make you to loss the money in trading.

Market corrections give us the opportunity to increase the assets we own and can also be a starting point for short trades, so we have to be calm and be able to take advantage of the market situation, don't panic easily so that we avoid anxiety. I am trying to apply the current DCA method at the right time interval by utilizing price movements in the market to add assets

The OP might have been talking about a previous correction while we have seen another large one yesterday. So, it can be said that its normal to have some correction after a larger price hike. It prepares the base for another bull run creating large layers of resistance. It's bad for investors who are liquidated though. I got my Solana and Bome investment liquidated by a very moment of price crash.
If you have USD in hand, it's a good time to DCA and a good time to start a leverage trading. The crash don't guarantee a future price rise as there still could be another correction but the chances of that would be low.

When the market goes down many traders get frustrated and sell the coins to the market at a loss. If you invest in the crypto market you have to remember that the market will correct. Going down indicates going up. That's why you have to wait without panicking and selling. During a bull run the market will go into correction.

Basic knowledge is required when doing a trade. Once the market has been dumped, it will eventually recover after bitcoin will have done with it. This is an old story that is always being repated anytime. Smart traders will always take advantage of this opportunity to buy at the lowest possible price, bitcoin may be facing another recovery again very soon. Im feeling if it will be back again later. I am confident that Bitcoin will rise again. The key issue now is whether Bitcoin will take some time to recover from its crash. Bitcoin has fucked us again.

This is also having a significant impact on the pricing of altcoins caused by mostly of altcoins were follwoing bitcoin. I'm still expecting bitcoin will come back soon. I have suffered a loss, but it is not significant given the opportunity provided by bitcoin to buy at the bottom. I am confident that this will increase again in the near future.
Things are really unpredictable these days following what bitcoin has done. Bitcoin raped us again, and it appears that market makers were eager to liquidate for an extended period of time. People must be arriving long after Bitcoin has completed its dump. Bitcoin is shit now lol. The shitshow is still happening may be till the next days.