Bitcoin price drops with $350 in 24 hours,

[KeyGenKing]

So what does it means?
Have we seen our high record?
Will it go downhill rfast now?
Where does this price drop means for the Bitcoin price in the next few weeks?

[1714971562]

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[1714971562]

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[27QVUTZj8rgZP1]

So what does it means?
Have we seen our high record?
Will it go downhill rfast now?
Where does this price drop means for the Bitcoin price in the next few weeks?

I believe it will just stop where it was initially, maybe a bit above. Around $1300-$1600.

[creative~mind]

So what does it means?
Have we seen our high record?
Will it go downhill rfast now?
Where does this price drop means for the Bitcoin price in the next few weeks?

I believe it will just stop where it was initially, maybe a bit above. Around $1300-$1600.

I think this will continue to fall, and some correction is a good thing. But 1300? I think it's unlikely. Not that I'm too bulish, but apparently there's great support under $ 2000.

[KeyGenKing]

So what does it means?
Have we seen our high record?
Will it go downhill rfast now?
Where does this price drop means for the Bitcoin price in the next few weeks?

I believe it will just stop where it was initially, maybe a bit above. Around $1300-$1600.

If you take a good look to the trade volume's there isn't many big transaction going on.

So what does it means?
Have we seen our high record?
Will it go downhill rfast now?
Where does this price drop means for the Bitcoin price in the next few weeks?

I believe it will just stop where it was initially, maybe a bit above. Around $1300-$1600.

I think this will continue to fall, and some correction is a good thing. But 1300? I think it's unlikely. Not that I'm too bulish, but apparently there's great support under $ 2000.

For that, many people should sell there Bitcoin, i don't see that happening soon.

[eternalgloom]

You shouldn't be too surprised about this, a correction was bound to happen, better sooner than later.
Not going to make any predictions here, but I doubt that it's going to be the same as back in 2013 - 2014, if any of you remember.

[joshvdk]

I think it will go to 2000$-1800$

[dave3]

Bitcoin had a tremendous run up very quickly, so a pullback like this is not unexpected.  Let it take a breather, and I think it will resume it's increase.

[gentlemand]

It means you haven't been here long enough. Eventually you'll look at drops like this and shrug.

[harizen]

So what does it means?
Have we seen our high record?
Will it go downhill rfast now?
Where does this price drop means for the Bitcoin price in the next few weeks?

Of course no. Is around $3,000 is the highest record you are expecting? If the correction price will landed at $1,900 to $2,200 then breaching $3,000 again is nothing. For the follow up questions you asked, no one knows so be ready.

On a good note, that $350+ drops is nothing compared to the value it regained until we saw this price drop. See the bright side? A one big price increase movement is always dominating the dump so nothing to worry about the recent drop. The cycle will just continues. Just a normal price movement to be considered.

[mindrust]

Aaand i entered from 2800$. (the amount wasn't too big luckily) I am an expert when it comes to find value.  

The pump happened so fast so you shouldn't be surprised for going back with the same speed. But it showed us the top spot (around 2800$) so we have another all time high now and anything under that price spot can be bought because we'll surely pass it in the future.

[rjclarke2000]

Yep, seen this time and time again. Nothing to see here.

It'll most likely drop a bit this weekend and hopefully hold 2000. Next week it'll bounce around a bit looking like a recovery and then looking like a dump..then repeat cycle......



Long term it'll head up.

No big deal.

[ccminer.net]

this crash will stop at 1600 or 1500??
Do you guys think it will get below 1000??

[DustyRah]

The bubble has burst. Bail the F out!

[lizardbtc]

Hopefully it will continue to rise, but was a nice bull run for like 11days it like dubled in price! Thats still amazing, just give it some time to build it self up, thing like this happen and will happen in the future, be patient.

[BitcoinPC]

Firstly, you should tell us what does it mean of 24 hours?
I am sure you also know that it is impossible that suddenly bitcoin come back in a lowest price $350 also in 24 hours. You know we all sure bitcoin never come back at this price $350 in 24 months.
But my answer, bitcoin give the all bitcoin's users good hope and future, and also give us a way to earn money from bitcoin. It is amazing that's why no one can give us perfect speculation, only see the price and feel enjoy with bitcoin.     

[richardsNY]

The bubble has burst. Bail the F out!

It's not a bubble, but the price was simply said overbought. If you look at the market from a neutral point of view, this correction is what the market so badly needed. Nothing in the world goes only up in value without corrections every now and then. I do remember that quite some people were complaining about them having missed the opportunity to buy around the $2000 level -- now here is your chance.... TAKE IT!!

[cpfreeplz]

It means after rising $1200 USD there is a correction. Are you fucking daft? Hahaha. My God people here are so unrealistic it's ridiculous.

[BitMaxz]

I couldn't imagine that the price of bitcoin will be drop from quickly increase price. i was shock today i thought the price can be increase more but the price was drop a lot this day. i regret that i didn't sell few my bitcoins because i thought the price can be increase more..
Well i think there are someone are selling their bitcoin maybe the price can be increase more back..

[batang_bitcoin]

I couldn't imagine that the price of bitcoin will be drop from quickly increase price. i was shock today i thought the price can be increase more but the price was drop a lot this day. i regret that i didn't sell few my bitcoins because i thought the price can be increase more..
Well i think there are someone are selling their bitcoin maybe the price can be increase more back..

I regret it too when the price at $2,700 I didn't sell all of my bitcoins so that I can buy again at lower price. I was expecting that it will keep on increasing but well it stopped. I had to sleep by that time and I missed out on sleeping for only a few hours I was really F!!! by that time, well I will keep the faith and will hold.

[ArdiPrabowo]

this now bitcoin price is never down until reach 350 dollar
if bitcoin price down to 350 dollar people want not mining again, is many problem if all poople never mining