Why Bitcoin is falling ? 9000?!?

[hateplesent]

My guess is hitting 10 000 was a milestone for a lot of people and it went as high as 11.5k+ earlier today then a whale sold off or something and here is the problem with a bunch of people who own a % selling.. they create a snowball effect and others panic and get scared and start selling. How low will it go? No one knows as for long term hodlers you have nothing to worry about : ). So just hold
Disclaimer: this is not financial advise trade at your own risk

why price increasing  why we break 10,000$ range why incrase to 11,000$

bitcoin not need any reason to increase/decease so track price Buy/Sell and hold other

[marcuslong]

It is because they securing their profit investors don't want to lose their profit already and they are making some trad marks once the price of bitcoin already reach the prediction and they always following their own guts example once the bitcoin each $10k dollars today i my self i want to secure my profit and im going to exchange my bitcoin into fiat and wait again for the price to decrease and then convert it again to bitcoin to make another profit once the price of bitcoin rise again.

[Koro-Sensei]

My guess is hitting 10 000 was a milestone for a lot of people and it went as high as 11.5k+ earlier today then a whale sold off or something and here is the problem with a bunch of people who own a % selling.. they create a snowball effect and others panic and get scared and start selling. How low will it go? No one knows as for long term hodlers you have nothing to worry about : ). So just hold
Disclaimer: this is not financial advise trade at your own risk

If you dont panic you will not be affected by that matter by a matter of time it will probaly go back into $10000 again and it will settle for that i think. Keep holding unto it dont loose hope bitcoin will manage somehow.

[Stedsm]

My guess is hitting 10 000 was a milestone for a lot of people and it went as high as 11.5k+ earlier today then a whale sold off or something and here is the problem with a bunch of people who own a % selling.. they create a snowball effect and others panic and get scared and start selling. How low will it go? No one knows as for long term hodlers you have nothing to worry about : ). So just hold
Disclaimer: this is not financial advise trade at your own risk

Whales didn't start selling off, the price was a "planned target" as when it was hit, stops were reached and many (whom you think that have created a snow ball effect) are looking to be the reason why this went to 9k after that rally (looks like continuous snoozing was stopped once they decided to wake up). It's gaining and that's good, but it's ridiculously gaining over which makes it look like an extremely risky investment instrument and everyone who got in recently, I am sure they are out now because they were in for a reason and it's pure profit on others' speculations.

[yamortsac]

Well now that bitcoin price is decreasing, it is the time to buy more bitcoin because for sure it will go back and increase again. And for those who has bitcoin, just hold your bitcoin and don't panic sell, it is just for a moment and soon it will rise again.

[DarkIT]

I do not know, there may be some news that makes people who have bitcoin, sell bitcoin they have. well, but the price is really down at a low price. but this is also a great opportunity for investors.

[Stedsm]

Well now that bitcoin price is decreasing, it is the time to buy more bitcoin because for sure it will go back and increase again. And for those who has bitcoin, just hold your bitcoin and don't panic sell, it is just for a moment and soon it will rise again.

Well, I would caution you "don't fall" atm. This might not be the same and could be different where we may really see some active correction taking place in the markets as bitcoin managed to rise more than 11x in a year and I guess it's done for this year, so expecting it to revert back at those high prices during this year is like throwing an arrow in the dark. Investors are currently taking out their profits and they may decide to stabilize bitcoin for longer term just like it maintained after 1k crash.

[Lopumbo]

does every little move of BTC has to have a thread like this? this is just noise and 1000 maybe...
we're still up 50% on the monthly chart...calm your tits

[sukamasoto]

I do not know, there may be some news that makes people who have bitcoin, sell bitcoin they have. well, but the price is really down at a low price. but this is also a great opportunity for investors.

That's why bitcoin trading consider as risky investation, unlike wall street trading.
I think it's normal when bitcoin reach the top peak , it will start to decrease and they will adjust based on global market and will start to rise again in another month.

[gatti]

I do not know, there may be some news that makes people who have bitcoin, sell bitcoin they have. well, but the price is really down at a low price. but this is also a great opportunity for investors.

That's why bitcoin trading consider as risky investation, unlike wall street trading.
I think it's normal when bitcoin reach the top peak , it will start to decrease and they will adjust based on global market and will start to rise again in another month.

Yes it's entirely different from of wall Street trading.In bitcoin trading you need of patience to succeed.Wisely use the both end,when the price moves to the peak do sell.If it's price is fluctuate to low value buy new amount of bitcoin.Because you know it will again raise greater  than old peak.

[HiringYou]

Bitcoin yesterday hit the 11000$ mark but now it has again dropped down to approximately 9000$.The reason for this drop is the people who sold there bitcoin's. The price was really high last two days so the people in order to get maximum out of that rise sold there bitcoin's which caused the price to fall.

[f150]

Bitcoin yesterday hit the 11000$ mark but now it has again dropped down to approximately 9000$.The reason for this drop is the people who sold there bitcoin's. The price was really high last two days so the people in order to get maximum out of that rise sold there bitcoin's which caused the price to fall.

Yes indeed when bitcoin prices go down it is because many people sell bitcoin, maybe for those who already sell bitcoin. already feel enough with the price they want, But as we know, bitcoin will rise again and will be higher after the decline because the price is unstable.

[ahmadakbari]

Bitcoin yesterday hit the 11000$ mark but now it has again dropped down to approximately 9000$.The reason for this drop is the people who sold there bitcoin's. The price was really high last two days so the people in order to get maximum out of that rise sold there bitcoin's which caused the price to fall.

Yes indeed when bitcoin prices go down it is because many people sell bitcoin, maybe for those who already sell bitcoin. already feel enough with the price they want, But as we know, bitcoin will rise again and will be higher after the decline because the price is unstable.

Not all of those who sold their coins are satisfied with that price. There are many traders who earn money in this way. They sell and they will buy again at lower prices.

[elloco4ever]

Well now that bitcoin price is decreasing, it is the time to buy more bitcoin because for sure it will go back and increase again. And for those who has bitcoin, just hold your bitcoin and don't panic sell, it is just for a moment and soon it will rise again.

Yes indeed this is something which we have been witnessing from long time as these kind of decrease are just temporary and panic sellers are losers most of the time so it's better to acquire more bitcoin during these period and then hold it for longer run to earn more profit.

[mrelich]

Such a parabolic rise is not possible without some pullbacks. This one was quite a small and short one. There will possibly be some consolidation before going higher.

[Blue9999]

Guys listen to my sad tale

The automatic price trigger option at an exchange betrayed me I set that to sell at 10000 but it sold my coins at 9400) when it was falling rapidly ... I had to buy back my bitcoin at an increased price again as a result lost 0.2 bitcoin  

learned an expensive lesson I guess

[cipher-x_09]

My predictions are that will below right around 8,000-8,500 in the beginning of December let's say around December 1 - 10 and the start of the up rise of bitcoin price will be 11,000 - 12,000 US dollars by December 15 for sure it will increase in demand because during that time people will have their salary and most likely will have their bonuses and benefits.

[fabiorem]

Whales just did a fast tirck to get profits.
Now we will see further more downwards around 8k usd. It will start on USA timezone as same yesterday.

The sharks are coming. The whales know it and they are having their last enjoyment with speculation.

[Iykecollins]

Bitcoin will always be King, the faster it falls the faster it was rises and beyond

[Kemarit]

Such a parabolic rise is not possible without some pullbacks. This one was quite a small and short one. There will possibly be some consolidation before going higher.

Of course, there's no such thing as continued parabolic rise. At certain point, it will go to a pullback which is natural. No need to panic here. $9700 is still a good price for me.

I do not know, there may be some news that makes people who have bitcoin, sell bitcoin they have. well, but the price is really down at a low price. but this is also a great opportunity for investors.

I saw someone said that a bankers made a controversial announcement that's why bitcoin made a pullback in the last 24 hours. But I doubt that his statement made others panic and push the sell button. CEO of the USA Investment bank, Lloyd Blankfein made an attacked, again I don't think his statement has weight. Yes, let's just look at positively, its a perfect time to buy and enter the market again and get bitcoin at a discounted price.

Bitcoin yesterday hit the 11000$ mark but now it has again dropped down to approximately 9000$.The reason for this drop is the people who sold there bitcoin's. The price was really high last two days so the people in order to get maximum out of that rise sold there bitcoin's which caused the price to fall.

It only makes sense to really cash it out at the price of above $11,000. Its a mental barrier that most investors can't resist to sell and take home profit. But I'm sure that those who cash it out and getting into the market again and accumulating bitcoin as much as they can in this dip.