Is the bubble bursting?

[iRewa]

Is the bubble bursting?
If you look at the btc charts it looks like a huge bubble that is bursting right now.

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[mahibul49]

i dont think bubble bursting.why you are thinking??bitcoin is in correction mode and its not bubble.

[cellard]

The Tether FUD is very strong as we can see, and it's having an impact on the price. Even if we crossed the $10,000 psychological barrier, it refuses to dip further tho. Analysists such as Tone Vays claimed that if we got below the $10,000 price we would crash to $7,500 and then start rebounding, but he has been wrong a lot of times, and it wouldn't be the first time we see a double bottom with a price recovery in Bitcoin so I wouldn't be too sure to simply short it to $7,500.. just hodl.

[emuLOAD]

take some soap, but it in some water, make a ring with your fingers, and blow jently. That creates a bubble. now poke it with your finger. That's what a bubble bursting looks like. markets included.

[First77]

Is the bubble bursting?
If you look at the btc charts it looks like a huge bubble that is bursting right now.

$1 to $1000 in 8 years in NOT A BUBBLE ??   

[QuestionAuthority]

The Tether FUD is very strong as we can see, and it's having an impact on the price. Even if we crossed the $10,000 psychological barrier, it refuses to dip further tho. Analysists such as Tone Vays claimed that if we got below the $10,000 price we would crash to $7,500 and then start rebounding, but he has been wrong a lot of times, and it wouldn't be the first time we see a double bottom with a price recovery in Bitcoin so I wouldn't be too sure to simply short it to $7,500.. just hodl.

We’re below $10k right now.

[Ozero]

Bitcoin has fallen in price, as it has problems with slowness and transaction hanging and the high cost of commission fees. Therefore, he decently lost in his popularity, investors do not want to invest more in him. On the other hand, so far with such a cost of ten thousand dollars can not be said that bitcoin has become a big bubble and this bubble is already bursting right. This is fiction. Bitcoin is able to swell in its bubble and up to one hundred thousand dollars and it is unlikely to burst. And at a price of ten thousand, neither about a bubble is out of the question.

[BingoDog]

I disagree. Bitcoin is not a bubble and it's not bursting.
Price movements are part of volatility process and currently some price corrections are active and don't look at this only short term or comparing the values only in the past one year, you will not get relevant conclusion.

[godzillarekt007]

Don't think we can be certain of this just yet because we have seen 50% retrace plenty of times over the last couple of years. I will concede though if bitcoin falls below 10k and stays there for a week then we are in some mighty hot water .

[TheySeeMeHodlingTheyHatin]

Yes. The ALTCOIN bubble is bursting !
which means when the market picks up, money will flow into BITCOIN

[pedrog]

You gotta stay relaxed.

[First77]

Bitcoin has fallen in price, as it has problems with slowness and transaction hanging and the high cost of commission fees. Therefore, he decently lost in his popularity, investors do not want to invest more in him. On the other hand, so far with such a cost of ten thousand dollars can not be said that bitcoin has become a big bubble and this bubble is already bursting right. This is fiction. Bitcoin is able to swell in its bubble and up to one hundred thousand dollars and it is unlikely to burst. And at a price of ten thousand, neither about a bubble is out of the question.

At $18/ounce, money is going to Silver  

[cellard]

The Tether FUD is very strong as we can see, and it's having an impact on the price. Even if we crossed the $10,000 psychological barrier, it refuses to dip further tho. Analysists such as Tone Vays claimed that if we got below the $10,000 price we would crash to $7,500 and then start rebounding, but he has been wrong a lot of times, and it wouldn't be the first time we see a double bottom with a price recovery in Bitcoin so I wouldn't be too sure to simply short it to $7,500.. just hodl.

We’re below $10k right now.

it's at $10,019 right now in Bistamp prices. It just keeps going up and down on that $10,000 line:


The market is still undecided, it doesn't know if this should be the bottom and therefore the recovery, or just the beginning of the download to lower resistance lances.

And before I posted this, It went to $9999, and now at $10,000.43...



We will keep flirting on this line until it's decided. Anything can happen. Just because it was crossed, doesn't mean the dips is guaranteed.

[First77]

We’re below $10k right now.

This month I got $20 from online surveys.  Bitcoin $10,000 is a giant bubble. 

[QuestionAuthority]

The Tether FUD is very strong as we can see, and it's having an impact on the price. Even if we crossed the $10,000 psychological barrier, it refuses to dip further tho. Analysists such as Tone Vays claimed that if we got below the $10,000 price we would crash to $7,500 and then start rebounding, but he has been wrong a lot of times, and it wouldn't be the first time we see a double bottom with a price recovery in Bitcoin so I wouldn't be too sure to simply short it to $7,500.. just hodl.

We’re below $10k right now.

it's at $10,019 right now in Bistamp prices. It just keeps going up and down on that $10,000 line:


The market is still undecided, it doesn't know if this should be the bottom and therefore the recovery, or just the beginning of the download to lower resistance lances.

And before I posted this, It went to $9999, and now at $10,000.43...



We will keep flirting on this line until it's decided. Anything can happen. Just because it was crossed, doesn't mean the dips is guaranteed.

I use the Bitcoin price ticker widget from coindesk simply because it’s always there and easy. It has today's low at $9,627.89. That’s a 29% drop for in January and a 50% drop since December. I don’t know what people think popping a bubble is but I don’t think it means dropping to zero, 50% is good enough.

This is a normal cycle for bitcoin. It isn’t bad that it pops, goes down, crashes or whatever you want to call it because it never goes down to the level it was at before the run up happened. If it was at $10 and goes to $100 when it pops it will fall to $40 or $50. If it was $50 goes to $1,000, when it pops it will return to $500. People should look forward to the pop and do their best to buy the bottom.

[Bytem3]

It's just a correction, still up a few times since November (whole crypto market cap)

[Reid]

I use the Bitcoin price ticker widget from coindesk simply because it’s always there and easy. It has today's low at $9,627.89. That’s a 29% drop for in January and a 50% drop since December. I don’t know what people think popping a bubble is but I don’t think it means dropping to zero, 50% is good enough.

This is a normal cycle for bitcoin. It isn’t bad that it pops, goes down, crashes or whatever you want to call it because it never goes down to the level it was at before the run up happened. If it was at $10 and goes to $100 when it pops it will fall to $40 or $50. If it was $50 goes to $1,000, when it pops it will return to $500. People should look forward to the pop and do their best to buy the bottom.

Someone I do agree with.
It looks like a fall but the truth is it really should be there at the first place.
The pump made them think this should be the price for bitcoin now. (20k dollars)
Which is not.
That is way too fast for one market to grow and it is really questionable. I am not happy it dipped but one thing is for sure. This is the price and it is just fluctuating now.
And just like he said, I dont see it also falling at 50 percent after it went back to where it was before.

[jpespa]

Because of bitcoin's unpredictable change in price, we should always be prepared for what may happen. For the past months the price of bitcoin did not go very high but go down bit by bit but I think this is still just natural to happen in cryptocurrency world.

[Kildin11]

interestingly unfolded events. I do not think that bitcoin will burst now, there are too many stakeholders in it. If you now bought in the negative, then just wait and do not worry.

[ohlawdy]

I don't think the bubble is bursting atm , if you look at the charts of eth you see it performing way better over the pas 20 days.
Maybe people are finally realizing that there are much better options then bitcoin to choose from.