Bitcoin now below $10,000

[marsmyname]

For some couple of days now, the price of bitcoin has been between 10k - 11k (which i actually thought would take a support at the said range).
Knowing now that it has gone below, what is your take on the current situation.

The market value of bitcoin has started decreasing since last couple of weeks. This thing happened in the past as well. So, there is no such need to worry about anything. All you need to do is to cash this opportunity and go for buying of some good number of bitcoins and keep those bitcoins in your wallet until and unless the market value of bitcoin reaches up to this much value that can result in having your desired profit.

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[qiman]

There was way too much FUD and negative press recently about Bitcoin and the Altcoin Markets in general and also much misinformation and lies spread around by the mass media and mainstream media outlets, which caused this big panic sell. Also we must remember that there was a huge parabolic market rush upwards in December also which made this bear market grow very big and fast in January and which is now continuing in this month, predominantly because all of Asia is selling off to spend the fiat money in the Chinese Lunar New Year Celebrations, hence huge market drawdown happening.

[SirLancelot]

I personally already afraid to go in to play this situation,  really scary, and I stopped doing day trading for a while. This stability is clear to HODL in the unknown time.

Don’t worry about this, this has often happened in past as well but bitcoin recovered easily and soon it will go higher this time people are buying bitcoin in great amount and this thing will give hype to the prices soon and those who are worrying about their invest I want to tell them this has happened in last year as well so stay calm and keep investing into bitcoin it will rise in coming weeks and will negotiate all waiting time.

[zmkriel]

For me I will still on hodl. Bitcoin has been dead in the past years but still can easily recover of all the issues that has been through. So, I don't think that it will totally crashed now. I am a loyal believer of bitcoin and been reading a lot of articles about and maybe that is the reason why I am not bothered with the price drop.

[carlisle1]

For some couple of days now, the price of bitcoin has been between 10k - 11k (which i actually thought would take a support at the said range).
Knowing now that it has gone below, what is your take on the current situation.

nothing to do but to hold.or just take the loss by selling.we know whats the situaton like this happens for how many times and yet bitcoin managed to recover.what do we expect for seasons like this.and besides theres no need to worry because like bitcoin all of alts now are red,though theres few that stays green for some reason

[mmfiore]

Bitcoin is coming back up a bit.

Careful it probably is just a rebound for now (maybe not).

Still a good time to buy some tho, price is pretty low still !

If you have some just hold on and believe .

[rickz026]

today the rate of bitcoin is below $9000. and this is the time to buy more bitcoin and hold those bitcoin. wait for the right time to sell it with a high rate.

[GoodLuck2]

For me I will still on hodl. Bitcoin has been dead in the past years but still can easily recover of all the issues that has been through. So, I don't think that it will totally crashed now. I am a loyal believer of bitcoin and been reading a lot of articles about and maybe that is the reason why I am not bothered with the price drop.

I purchased a bitcoin when it was around $12k and then it dropped down, so when the price was $10k I purchased another, so now I have 2 bitcoins with the investment of $22k, this crashing of market already recovered my $1k, so I am very much sure that by the end of feb I will be in profit from these investments which I made. Otherwise, I am planning to purchase another if bitcoin falls to $7k.

[anitaraymonds]

For some couple of days now, the price of bitcoin has been between 10k - 11k (which i actually thought would take a support at the said range).
Knowing now that it has gone below, what is your take on the current situation.

For sometime now the first 2 months of the year we normally experience this kind of situation we have now. But before the the end of the first quarter of the year we  will have a breather and the price will come alive. This is the time to hold and also the time to enter if you have the money.

[AllCoinHunter]

In crypto the price reduction and price increase it has often happened. I do not think we need to worry about this problem. because with the bitcoin price dropped this is an opportunity for investment. and waiting for bitcoin time to go up then sell it is certainly very profitable.

[kolega]

The bulls again went on the offensive. The upward movement is without enthusiasm, in the correction to the fall from 12000,
although the top round resistance 10 000 is a magnet.As can be seen, in the absence of aggressive shopping, there are all chances to go below during the period from 9 to 25 February. Now just exit and consolidation of over 10 000 can move the scales in favor of the bulls . Without it - you have to keep in mind 5700-6000. And I think this is the bottom, which is all in the language.

[ladner]

For some couple of days now, the price of bitcoin has been between 10k - 11k (which i actually thought would take a support at the said range).
Knowing now that it has gone below, what is your take on the current situation.

We can see after the storm the past two days because of the bad news related to btcoin and other currencies has made the value of bitcoin seriously decline. But this is also the opportunity for us to buy bitcoin to trade because at present bitcoin prices are extremely great. A bitcoin at the current time was only $ 9100, as we all know, just a few weeks ago, the price of a bitcoin hit $ 19400 above $ 10000 at the current time. The opportunity has come, Good luck.

[margert]

I was hoping it wouldn't go below 10.000$ but now it did.. IMO the 10.000$ was a barrier which is now broken, making it possible to drop to 5000 - 6000$. But hey, it can be an opportunity.

As can be seen in the two today bitcoin has risen from $ 7800 to $ 9300 at the present time, we can clearly see that on https://coinmarketcap.com/. But in this kissing day, according to my analysis, the rebound of bitcoin is experiencing tremendous resistance as bitcoin has stalled at 9300 and can not be overcome. According to my analysis, the market will be very volatile when Asian investors are looking to take profit for holidays. So bitcoin will continue to decrease over the next few days.

[yamortsac]

Now that the bitcoin price is low, I'm still holding my bitcoin and not I'm not planning to seel it right now. I will wait for the price to go up again because I know for sure it will rise up sooner or later. And If I  will have extra money today I will buy some more bitcoin to increase my income.

[naftaman]

Today we will see another dip my guess is 7600

[white.raiden]

There are so many times bitcoins crashes, It almost died 100 times or more but it keeps rising from the dump to the moon, just hold your coin and control your emotions. Bitcoin price is always falling after a huge pump and vice versa. So just HODL or buy many bitcoins as you can so you can earn a lot of profit if it comes back to the range of $10000 or higher.

[shan05]

This bitcoin dip is natural especially in yhus season of the year. Looking at the bright side,  it gives investors time to buy so as to expect higher return once bitcoin hit the moon.  So just stay calm and hold what's on your wallets.  It will be paid off with great reward.

[tambok]

This bitcoin dip is natural especially in yhus season of the year. Looking at the bright side,  it gives investors time to buy so as to expect higher return once bitcoin hit the moon.  So just stay calm and hold what's on your wallets.  It will be paid off with great reward.

Yes so we don't have to worry guys, just chill and focus on our job, there is nothing we can't do if we truly believe in bitcoin, but if not then it is up to us if we will still wait or we will just quit here. So, better choose rather than screaming always on why the price is currently down.

[niwde26]

We are almost bottom

[len23]

Don't loose hope just hold on to your bitcoin who knows tomorrow will be the day of bitcoin to shine again. Little by little it will bump again in its highest price. Positive mind positive effect in our life.