Why the sudden crash now?

[CoinCidental]

I don't know about the rest of you guys but I am up 22.75% this quarter alone....

I'm pretty happy with that and I know more is coming soon so thank you btc  

[fuckingidiot350]

pump+dump

No one is talking about it now because mod delete all bad posts   

[richardsNY]

It's pure manipulation. Due to the lack of actual buyers, whales decide to make a bit fun by shaking out noobs every now and then. This shouldn't come as a surprise though. I think it's just a matter of time before we start going closer to the $650 levels this month. I don't even rule out another $600 test this year. I am ready for it.

[unknown04]

Its already back at $700+ now...

[clickerz]

I think that today was a normal movement of bitcoin price.
Bitcoin went down a little, now it's getting back up a little, I see nothing special in that.
It's still bitcoin we are talking about here. Those fluctuations are in its nature.
Besides, it's weekend.

Yes, bitcoin price fluctuates frequently and I think no need to worry since ut is not very big dip. As of now I think it recovers already. If you have bought during the  fluctautaions,you earn noe Well, that is trading...

[jondeen707]

Can you please show me where there is a crash? We are down 0.25% for the day, down 0.75% for the week, up 10% for the month, and up 200% for the year.

That's just a matter of perspective

[maku]

Can you please show me where there is a crash? We are down 0.25% for the day, down 0.75% for the week, up 10% for the month, and up 200% for the year.

That's just a matter of perspective

Exactly. So for everyone crying when bitcoin is value is dropping by $15 - just stop it. Bitcoin is quite stable and strong ATM.
Unless we will see some huge negative news like: major exchange hack or China restricting bitcoin then we don't have to worry about price.
Just don't panic.

[Wind_FURY]

and why is no one here talking about it?

Maybe because for now the slight pull back could still be considered a correction which is normal in most markets. This should be the time to look for points of entry. I personally have buy orders ready at $650 - $680 just in case we see the price go back to those levels.

[Kotone]

and why is no one here talking about it?

Someone in country are doing dump in bitcoin and other currencies it doesnt mean that bitcoin will be going in the fall of bottom line and it is a part of bitcoin it will decrease and it will increase. If bitcoin will still increasing then there no thrill at all in trading to trade bitcoin into another currencies.

[BingoDog]

Nothing to make panic about..It's just slight correction in.the price but I think things will be on.the track soon. If some huge incident don't happen, like big exchanger hack or something similar, the price will go up again. Just have patience.

[Denker]

Because there is nothing support for a higher price I would say.
We moved up due to Trumps elections and as market realized it won't be that bad everything normalized.
However we are still doing really good.
To me it was clear we won't leave the 700 range that easy.This old resistance from june and july and therefore we will need a bit patience.
I mean we have senn this a hundred times now. A new other indicators may play a role ad well.For instance the block size isue and XT.
But I'm relaxed and see no reaon to be worried. If we can't continue moving up this year anymore it will happen next year.

[20kevin20]

We have seen the price spike when Trump has been chosen. People went fast to buy Bitcoins because when you are in danger you have to look for safe stuff. People felt in danger because the manipulating media always showed us the bad side of Trump, but it's not bad at all and now the price 'is chilling' down a bit. We'll see a rise in the next month probably.

[alyssa85]

People were thinking that the world was going to en if Trump got elected for president US, and so there was a hype in bitcoin and gold. It pumped, then we are seeing the world hasn't ended, and people are selling. It will recover soon. Also, when Trump gets inside the white house and starts pushing his policies, people will realize Trump is not kidding, this will pump gold and bitcoin for sure.

The dollar is rising, that's why bitcoin fell back.

As for Trump's policies - infrastructure building tends to accelerate economic activity if the renewed infrastructure alieviates choke points. So if the economy does well as a result, the dollar and interest rates will continue to rise and bitcoin will fall back further.

Might be worth taking some profits.

[xdrpx]

The gap in downward trend is narrowing and seems to be more stagnant rather than a hard push downwards. The possibility of the downward trend could be because of political electoral results and possible decrease in buyer pressure. According to the Moving averages for 1 week it seems that the price does have good support at about 690 USD and it has risen from there and is hovering at about 699 to 700 USD at present. I'd expect a rise if buyers tend to long and supply is constant.

[NorrisK]

Every price rise needs a correction because eventually the day traders are going to cash out on their few % of profit.

This action will cause a cascade to happen and positions to be closed, which willl lead to a temporary drop in price.

Nothing to worry about, just keep doing what you planned and don't look at the daily graphs too much.

[Omikifuse]

Was just to scare people that are not firm and will sell at any price dip, only to make the big whales have profit

Like me

[Omegasun]

Was just to scare people that are not firm and will sell at any price dip, only to make the big whales have profit

Like me

Oh really? you are a big whale. So why are you telling this kind of thing if really you are, I mean this is the scenario what whale always want to happened and they will never boast this strategy or their profit because there profit might stop. From the manner of your statement, i'm not believing on you, But if you show the address of your asset that full of BTC maybe i'm wrong. 

[cakravothy]

and why is no one here talking about it?

bitcoin price is dynamic not static and stable
this now nothing big news and big issue can bitcoin down
so this now only dynamic price after price up and then can corection price so bitcoin can down

not only bitcoin but all cryptcoin price is dynamic can up and down

[Tanic]

Boone is talking about it cause of not even more of us noticed this. I am not following bitcoins price every day, only once a week when it's the time to get payment from my campaign. As I saw the price gone down not so much just lost 10$ or something, but maybe for bitcoin it's much, for me it's not. I am satisfied with bitcoins price upper than 700$ very good.

[chaser15]

Welcome to the world of bitcoin to those people who thinks that, let's say $20 price decrease, is now considered as a price crash. Whatever that Trump shit thing reason that's why the price decrease is not a big deal after all. As long as we are still on closer to $700 then it's better.

Minimize the intake of coffee instead while playing with the bitcoin price so that no worries will be popped out immediately in people's mind. Also take note that crypto traders are meant to take profits at their own will of a certain price.