tonight is the correction

[CaptainKid]

No, it will continue its way up to 50000 $ to 100000$. Speculants entried and buy like crazies. News media are also very interested in spreading out  Bitcoin course abroad, so more and more people want to benefit on the new money. BTC is unstoppable right know and the next months with little breaks, fortunately.

Idiotic. Bitcoin will not have a 1-2 trillion market valuation anytime soon. Potentially within in a few years, that's if governments don't go into full panic mode during this. There will be a huge barrier to that 50k mark or 100k mark you're talking about. There is an upper limit to everything, and Bitcoin's right now is floating on hot air, just hype and new money, nothing else.

The point is that no one can predict what will happen next. After all, it is like stock market equities. Do not set yourself up just to live a moment and enjoy the opportunity.

I agree with you that it is practically impossible to foresee, but only to guess the course. So many opinions on this and all are different. Time will tell...

[elektrohell06]

it is common because this is treading so investors are lowering and raising the bitcoin price itself in that way.

[TheAlchemist]

Have you seen what is happening? All crypto currencies are red .... The market is shaking. To be honest, these exchange rates look terrible. Against the background of the fall of bitcoin, everything is just completely below. The fall of bitcoin is expected, but the whole market .... What is this all about?

[Borin]

Maybe it was a long bull and after it, bear trap... but no way! Now we stabilize a little, some people think at maybe this is end of dumps, but for hour maybe 2, will be the next wild dump. Mother of Dumps coming soon...

[jossiel]

the correction is coming , back to 8k?

Everything has been corrected. Most of the altcoins too and what's good at this point that there are too many investors that get in with the dip.

I would to congratulate those people that has just entered the world of cryptocurrencies and bought a lot of it during the few hour dip.

And by checking the price again bitcoin is starting to be healthy again.

[tk808]

Have you seen what is happening? All crypto currencies are red .... The market is shaking. To be honest, these exchange rates look terrible. Against the background of the fall of bitcoin, everything is just completely below. The fall of bitcoin is expected, but the whole market .... What is this all about?

Natural order to the universe, what goes up must come down (or fall in).

[Elby]

Bitcoin    BTC    $168.893.625.749    $10.107.80    16.709.237    $10.763.100.000    1.49%    0.41%    23.16%

[Pab]

As for today btc market was overbought.China is investigating OTC exchanges.Was long audtion in China financial TV.Huobi has been asked for  explenations.So chinse in worry will most likely to sell.China gold lobby doesnt like competition

[TheAlchemist]

the correction is coming , back to 8k?

Everything has been corrected. Most of the altcoins too and what's good at this point that there are too many investors that get in with the dip.

I would to congratulate those people that has just entered the world of cryptocurrencies and bought a lot of it during the few hour dip.

And by checking the price again bitcoin is starting to be healthy again.

But, there are people who bought bitcoin today for 11 000. And if this was their first acquaintance with the crypto world - I do not think this is a good solution. I wonder what will happen next. I do not want to play buy-sell with such a non-stable market, but I'm interested in how it ends. Correlation or up to the sky.

[Elby]

As for today btc market was overbought.China is investigating OTC exchanges.Was long audtion in China financial TV.Huobi has been asked for  explenations.So chinse in worry will most likely to sell.China gold lobby doesnt like competition

Too bad for China, we can trade without them though, the Chinese gov tried to destroy the market so many times, they cannot do it and others will fail too.

[Elby]

the correction is coming , back to 8k?

Everything has been corrected. Most of the altcoins too and what's good at this point that there are too many investors that get in with the dip.

I would to congratulate those people that has just entered the world of cryptocurrencies and bought a lot of it during the few hour dip.

And by checking the price again bitcoin is starting to be healthy again.

But, there are people who bought bitcoin today for 11 000. And if this was their first acquaintance with the crypto world - I do not think this is a good solution. I wonder what will happen next. I do not want to play buy-sell with such a non-stable market, but I'm interested in how it ends. Correlation or up to the sky.

Well, that is trading stock exchange right? You win and lose some. They will be happy if they can have some patience holding it.

[Falgorn]

Yes, an hour ago, bitcoin had a price of 11,104 dollars, and now it has already gone down to 10,079 dollars, thus losing only an hour more than a thousand dollars in its value. However, this is a crypto currency, and such leaps should not be surprised. However, I think up to 7000-8000 it is unlikely to go down, although everything can be.

[uncleduckerr]

the correction is coming , back to 8k?

Tonights the night we see a correction yes it appears this way. All the way to 8k though yeah that is entirely in the realm of possibility and I think it could go as low as 6k to be honest. I doubt it will go there but it wouldn't shock me if it does go there. Not sure why alts are crashing with it though because I thought if BTC went down the alts would go up like an inverse relationship. Don't know why that is not happening but the rest makes sense.

[tk808]

the correction is coming , back to 8k?

Tonights the night we see a correction yes it appears this way. All the way to 8k though yeah that is entirely in the realm of possibility and I think it could go as low as 6k to be honest. I doubt it will go there but it wouldn't shock me if it does go there. Not sure why alts are crashing with it though because I thought if BTC went down the alts would go up like an inverse relationship. Don't know why that is not happening but the rest makes sense.

Altcoins only behave inversely to bitcoin when Bitcoin has remained relatively stable for a good period of time. When Bitcoin gains or loses massive amounts of mcap, all markets will suffer, since their reliance is solely on Bitcoin, all altcoins are traded in Bitcoin, therefore, they will always fall or rise when bitcoin loses or gains big.

[GuiDonK]

Bitcoin was under $ 10000 for just one hour, and in my opinion in future we'll always see it more than $ 10,000.

[Baka01]

That's what i was thinking too..
Bought some eths , but the ratio is even getting lower instead of getting higher (BTC/ETH ratio)
ETH went from 510 to 420 or even less, don't understand that

[oturanbilboa]

It's bloody correction, hearts pumping faster than ever. I would close the screen and charts.
I stay only %40 in altcoins, %60 fiat. I can only sleep that way.

[cbIpok]

I do not think I think that the big decline that now takes place is from Coinbase. Otherwise there is no other logical explanation.

I am curious about the reason for such a sudden and high price drop.

[realediston]

With the news about Nasdaq on Bitcoin I didn't expect this.
I am not convinced if it's correction or manipulation, it happens too fast.

What news are you toking abt ?

[Baka01]

I do not think I think that the big decline that now takes place is from Coinbase. Otherwise there is no other logical explanation.

I am curious about the reason for such a sudden and high price drop.

Coinbase is down , coudn't buy BTC when it went down , sucks.