So whats up with Bitcoin today????

[bitcoinsocial09]

When I'm writing this btc is at 3624.41usd. It has been going down a bit today anyone have any ideas what this is about?

I think, people and some users are waiting for the end of this month because of the China. The country wants to close all the exchanges in their territory. Still the Chinese BTC users are selling all their coins as soon as possible to convert to fiat. Of course people might argue that the Chinese could use worldwide exchanges but its a conflict on interest for the people.

[1714660407]

1714660407

[1714660407]

1714660407

[1714660407]

1714660407

[1714660407]

1714660407

[1714660407]

1714660407

[staceyoh]

I think, maybe its price is not that high nowadays but
I am sure that it will certainly go up again.

[joseafonso123az]

This is a daily think happening, it's a bubbly market and risky. But the ones that keep using it and keep gathering them, will utmost and reap some fruits in the future. We don't see it getting to 1000$ now, and if it stables in this prices where it is, is a win for bitcoin, because it will be more valuable than any other country. But for now, it's so unstable, that you can see 4000$ and next day 3000$.

[hridoyb]

When I'm writing this btc is at 3624.41usd. It has been going down a bit today anyone have any ideas what this is about?

Bitcoin again pump now its 3769.89 US Dollar.I think now bitcoin panic time so bitcoin price ups and down.Bitcoin again pump 4000 US Dollar.But now its stay (3500-3800).So i am confused bitcoin can heat 5000$ US Dollar this year??

[Ctn]

When I'm writing this btc is at 3624.41usd. It has been going down a bit today anyone have any ideas what this is about?

Don't worry it's more stable than yesterday and it's not gonna fall much as it did last week. This might just be some merchants, investors are making big transfers from bitcoin to fiat or altcoin. Who knows, it could be any other news that may gonna blow up soon or may be people are just selling the bitcoin in panic. Whatever it is, it will be the case forever, so I believe it's not much worrying thing as we are discussing it.


Rather keep some fiat ready to invest if bitcoin drops too below than expected and buy some coins. That would be profitable.  

[sheldonnnn]

Bitcoin is slowly recovering from the damage caused by China. While I'm writing this Bitcoin has reached 3,764 $. It is still very unstable. It's prise  drops and increases almost every few minutes. But this is definitely not a reason for panic and selling

[Dhaaaw]

BTC will go down to $3475-$3500
ETH will go down to $241-254

within the next hour or two

I'm not sure if it will shoot up from there or have to go down further...

BTC has loose ends at $1700 & $2200-2500.
ETH has loose ends at $13 & $130.

If they don't retrace and get covered by another candle down the line they will have a negative impact on both of their growth. A huge crash

[loopes]

When I'm writing this btc is at 3624.41usd. It has been going down a bit today anyone have any ideas what this is about?

i don't know what's going on today correctly, it seems bad already happened that i also saw the lowest prices is about 3500 us dollar a moment ago. maybe some part bitcoin 's investors are going run out leaving bitcoin. most of them are kept their bitcoin' save' to prepare the end of this month.

[subSTRATA]

When I'm writing this btc is at 3624.41usd. It has been going down a bit today anyone have any ideas what this is about?

given the standard of volatility of bitcoin, a 10% dip in price isnt that uncommon, personally, i'd just disregard and move on (and i have). i havent really seen any big piece of news pertaining to bitcoin or cryptocurrencies in general, might just be an early adopter cashing out and driving prices down a bit.

BTC will go down to $3475-$3500
ETH will go down to $241-254

within the next hour or two

I'm not sure if it will shoot up from there or have to go down further...

BTC has loose ends at $1700 & $2200-2500.
ETH has loose ends at $13 & $130.

If they don't retrace and get covered by another candle down the line they will have a negative impact on both of their growth. A huge crash

that's a pretty baseless analysis, you've just plastered words in the text box with zero thought put into it. as im typing, bitcoin has gone back up to 3800, and i dont think i saw it even get to 3550. get out with your spam fueled prediction.

Bitcoin is slowly recovering from the damage caused by China. While I'm writing this Bitcoin has reached 3,764 $. It is still very unstable. It's prise  drops and increases almost every few minutes. But this is definitely not a reason for panic and selling

i dont think this has anything to do with china, or at least, the events concerning china of the last few weeks. if anyhting, it might be big holders in china dumping their coins on the market and driving the price down a bit. in any case, it's no reason to panic, the price has already recovered anyways.

[Casdinyard]

There is nothing special going on with bitcoin. The market is still unstable, users are careful and because of the all recent happenings the price is very volatile at the moment and according to my preductions it will stay so for a while.  But such phases in bitcoin cycle are quite normal and usual, we have seen many similar situation in the past so just don't panic.

Yeah and as traders we shouldn't be surprise by this dips and we should be used to this.
No worries about this, don't touch and just hold your coins as the big pump is nearly to happen or you'll just be mock around for not trusting bitcoin. Try to analyze the graph and you see the repetition of events.

[Wesimon]

It's just normal with bitcoin to decrease its value. And it's just normal for other users to panic because of lack of trust in bitcoin. Actually it's an opportunity for us to buy bitcoin. If only people realize how important bitcoin is.

[Falgorn]

Today, there is some uncertainty in the crypto currency market after recent events in China related to the limitation and prohibition of crypto currency. Holders bitcoin expect what will end for him these troubles and therefore the market of crypto currency is unstable. I think it will last until the end of October. It is also possible that other countries will replace China in the crypto currency market and it will start growing earlier. In any case, it's all temporary.

[teejayrichard2]

It is a normal thing. Price will go up again soon. Keep fingers crossed

[VasilyBelogla]

I think that it will slowly go down and eventually stops then goes back up again. Because there is not much money to make from bitcoin right now because of the huge value that is there and just hangs around.

[cryptoalfs76]

When I'm writing this btc is at 3624.41usd. It has been going down a bit today anyone have any ideas what this is about?

Bitcoin value today as far i know tha'ts increasing its worth from $600k to $700k of  1btc value,approximately,different from your thoughts. But will this is your  expression ,we know that the value of bitcoin is volatile  maybe sometimes its up and down,and the bitcoin price maybe increases and other trader's maybe hoard thier bitcoins thats why we  can experience  a little bits going down.