Bitcoin crashes Roughly once per quarter

[vit05]

[DaMut]

there're a lot of people calling 'correction' to 'crash',
do you guys even know what is the meaning of 'crash' itself and 'correction' ?
the best way to describe it was 'Correction' because whenever we're seeing the downtrend a few weeks or days before we're seeing the pump,
so basically it's only moving back to its average price and then moving upward.
this table only show the decline after the pump,and of course the result would be like this because every months we will see the pump.
for me this chart only show how many time we're pumping and how many times we're doing a correction,
if we're moving like this charts,next month we should see another movement because it's Q4.
but who knows ? the whales always break the pattern in order to maximze the profit,

[player514]

there're a lot of people calling 'correction' to 'crash',
do you guys even know what is the meaning of 'crash' itself and 'correction' ?
the best way to describe it was 'Correction' because whenever we're seeing the downtrend a few weeks or days before we're seeing the pump,
so basically it's only moving back to its average price and then moving upward.
this table only show the decline after the pump,and of course the result would be like this because every months we will see the pump.
for me this chart only show how many time we're pumping and how many times we're doing a correction,
if we're moving like this charts,next month we should see another movement because it's Q4.
but who knows ? the whales always break the pattern in order to maximze the profit,

Yes, this graph is literally only showing the down-trends. Instead, I think OP needs to also include the uptrends in the graphs in order to see which drops were formed after a pump so that they can be correctly labeled as a correction rather than a crash. Furthermore, I understand how this idea is believable. For people who are getting into BTC, they're mainly looking at it as an investment, so they look only at crashes instead of corrections vs. crashes.

[Wind_FURY]

Only once per quarter? So that means I can buy Bitcoin only 4 times a year? That is very disappointing.

But DaMut, player514. The graph does not consider how fast Bitcoin recovers after every "crash". They are actually crashes, but Bitcoin's quick recovery makes them look like corrections.

[aso118]

So there are good buying opportunities in every quarter. Still, if you have a corpus to invest, I think it is better to get in as early as possible. It might not make sense to wait for a buying opportunity, which may or may not arise.

[Pursuer]

one of the issues with bitcoin (that the outsiders don't know, or usually forget) is that the market is very small. the price is decided on the exchanges with small orderbooks. it has been growing in the past year but it is still not at the point that we can hope for.

what this means is that the market is easily manipulated and these corrections become crashes very easily. each time that a drop happens, you can see the initial dump was not really that big but it caused a big drop then the bigger volume comes in with panic and causes the crash.

because of this I say the time between these "crashes" are mostly manipulation of market makers wanting to make more money from disrupting the market temporarily. and this is becoming harder as bitcoin grows.

[TagaMungkahi]

The image is too pixelated a.k.a too low in quality. can you post the link of that article?, and i do not really think that it is a crash after all. maybe more like correction, to correct the price of Bitcoin it needed to move in a downtrend and in no time it could go back to the uptrend movement. Well, let's all agree then that this is a crash but this Bitcoin crash incidents is not taking too long before Bitcoin can recover.

[iamTom123]

there're a lot of people calling 'correction' to 'crash', do you guys even know what is the meaning of 'crash' itself and 'correction' ? the best way to describe it was 'Correction' because whenever we're seeing the downtrend a few weeks or days before we're seeing the pump, so basically it's only moving back to its average price and then moving upward.
this table only show the decline after the pump,and of course the result would be like this because every months we will see the pump. for me this chart only show how many time we're pumping and how many times we're doing a correction,
if we're moving like this charts,next month we should see another movement because it's Q4.
but who knows ? the whales always break the pattern in order to maximze the profit,

I also preferred the term 'correction' as those are just dips which can be so temporary and then after that there can be a surge...this has been the cycle very much evidenced in Bitcoin. Now, had these 'correction' happened in stocks or forex they can indeed be called as 'crashes' as Bitcoin has a bigger wide margin of volatility compared to other investment vehicle. People who had been to Bitcoin will never be anymore surprised or shocked if Bitcoin can dipped as much as 30% for a given time and many are even wishing for that to happen as every dip can be a good opportunity to buy Bitcoin cheaper. Can we then say that 'corrections' are designed for Bitcoin to avoid the big bubble from happening?

[boyptc]

there're a lot of people calling 'correction' to 'crash',
do you guys even know what is the meaning of 'crash' itself and 'correction' ?

Haha this is what I've been noticing when bitcoin's price starts to correct they will label it as a crash. Anyway let's go with them and talk about the crash and I will agree on wind_fury on this thing. 

The graph does not consider how fast Bitcoin recovers after every "crash". They are actually crashes, but Bitcoin's quick recovery makes them look like corrections.

[Lancusters]

It is impossible to see the pattern on the bitcoin market. It is not predictable. Many people want to develop a strategy of bitcoin in order to plan their actions but this will not work. It all depends on the market and coordination of the whales. Even the political news affect the behavior of bitcoin. I never plan my actions. Every day I choose his tactics.

[teilwalL05]

there're a lot of people calling 'correction' to 'crash', do you guys even know what is the meaning of 'crash' itself and 'correction' ? the best way to describe it was 'Correction' because whenever we're seeing the downtrend a few weeks or days before we're seeing the pump, so basically it's only moving back to its average price and then moving upward.
this table only show the decline after the pump,and of course the result would be like this because every months we will see the pump. for me this chart only show how many time we're pumping and how many times we're doing a correction,
if we're moving like this charts,next month we should see another movement because it's Q4.
but who knows ? the whales always break the pattern in order to maximze the profit,

I also preferred the term 'correction' as those are just dips which can be so temporary and then after that there can be a surge...this has been the cycle very much evidenced in Bitcoin. Now, had these 'correction' happened in stocks or forex they can indeed be called as 'crashes' as Bitcoin has a bigger wide margin of volatility compared to other investment vehicle. People who had been to Bitcoin will never be anymore surprised or shocked if Bitcoin can dipped as much as 30% for a given time and many are even wishing for that to happen as every dip can be a good opportunity to buy Bitcoin cheaper. Can we then say that 'corrections' are designed for Bitcoin to avoid the big bubble from happening?

Well bitcoin didn't really budge down, I really think it is peaceful at the mean time it may pump a little then a dip occur which all of you think as a correction, I really think this is just the way bitcoin move or just a fluctuation occurring, I really didn't notice anything unusual in the bitcoin price lately and even if a correction would occur or a dip many people would just think it is a crash.

[Omega Weapon]

Only once per quarter? So that means I can buy Bitcoin only 4 times a year? That is very disappointing.

But DaMut, player514. The graph does not consider how fast Bitcoin recovers after every "crash". They are actually crashes, but Bitcoin's quick recovery makes them look like corrections.

The problem is that bitcoin can lose 20% of its value one day and recover the next, so even those 40% decreases in the price are just a few days of loses to bitcoin that is why I do not consider anything below 50% lose in value to be a crash, this may seem to high for many but it is the only way to distinguish the real crashes from the corrections that do not last long.

[pereira4]

It's interesting how technical analysis and fundamental analysis somehow coincide and something complements the other. Things in BTC happen like clockwork which would be said to be technical analysis, but are accompanied by some fundamental analysis related situation.

In other words, anyone that hasn't bought every dip has been panic selling and therefore losing money. It's better that you trust that these things will keep happening, and instead of panicking, buy the dips.

[EcoChavCrypto]

I still remember when it crashed more than 70 percent during the middle of 2013, it was like a really panic situation, but people was not afraid like all these newbies are when bitcoin tends to go down for less than $100.

It seems that everytime that bitcoin goes down, everybody is saying "The real crash is coming?" "This is the end?" I am tired of always seeing the same kind of shit in here, but i know that it will always keep happening because we are full of this people who are only in here to make money, and always spread fud because they are so afraid of losing their dollars..

But yes, it is going to go down in a few months from now, i dont think that it will crash soon because the price does not need a correction at the moment.

[richardsNY]

In other words, anyone that hasn't bought every dip has been panic selling and therefore losing money. It's better that you trust that these things will keep happening, and instead of panicking, buy the dips.

Most of the people have no clue about what a short term dip is, and for that reason won't be able to take advantage of them. On top of that, people more often than not buy Bitcoin with their entire investment capital at once, and for that reason have no funds left to benefit from potential dips. In the same way, if they secure profits, or just sell in panic, they dump everything they have at once. Other than that, people have been waiting for a crash to happen for quite a while now, and it still didn't come through. Maybe that we'll see it happen slightly under the $10,000 level or above that, but even that might not hold much value in the end.

[minersday]

A lot of people thinks that bitcoin crashes are a bad thing, but no, they are really needed because without them we would never know if the price is going to go up as soon as possible.

People think that it is a bad thing because they dont want to see a red number on their portfolio, but all the altcoins and cryptos are ALWAYS going to go up again, and there is no doubt with it, because there is everytime more people investing on it.

I will never lose my fait on cryptos, and that is the main reason of why i would never stop believing on it, and everytime that there is a crash, i keep buying more because i know that it is really going to go up again.

It is always like a real cycle.

[shursight]

Crashes are a necessary thing if we talk about crypto's, stocks, bonds, commodities, they all are in to the same pack. If there would not be crashes into the prices, nobody would buy more of them because it means that the price will never tell us when to buy.

And this has been the same since the first times in when things started to be tradeable, and i am talking about a few centuries ago.

I dont think that it is going to crash soon, but look at the charts, it really crashed by more than 25% on november 12, there is a huge chance that we are going to have a new crash in a few months from now, but there is still some time to make profit from bitcoin, i would not be worried about this, because i trust in bitcoin.

[tabas]

Don't call a small dip as crash, like what happened last time that we've been through $8,200 down to $7,700. That's not a crash, it's just a correction. Don't think that when the price of bitcoin is getting down, don't call or think it's on a crash. Crashing will lead bitcoin down back to 3 digits.

[btcone111]

thank you very much for the graph, it's very informative. however i would hardly call -30% a crash as it's measuring the absolute highest and lowest points whch are unlikely to be representative of the actual buying / selling price of most trades

[Kyraishi]

Exactly, if you analyse the trades you will be able to spot some pretty obvious telltale signs of cycles going on.

Each pump starts up by having a slow accumulation stage where the price doesnt' really go anywhere, but rather goes sideways a lot. Then, that sideways movement is followed by one pump, and then price is going up every single day until a bust.

That bust is usually caused by FUD, meaning price recovers around a week later and the cycle restarts.