Bitcoin price decreases 1000$ within a hour

[Jingjess]

Bitcoin price decreases 1000$ within a hour. And now, its price is only about $8800
Some my friends said that it could be dump to around 6k$, even 4k$
What do you think?

      Anything can happened to bitcoin, BUt  it really surprised  me about the rapid decrease of bitcoin and i can't imagined if bitcoin will continue to decrease its price and dump to $4k.I hope this will not happen.

[Kakmakr]

Bitcoin price decreases 1000$ within a hour. And now, its price is only about $8800
Some my friends said that it could be dump to around 6k$, even 4k$
What do you think?

I bet you, your friends owns no bitcoins? Those kind of predictions are the stupidest advice they can give you, because it is based on their theory that the price will go much lower than that. I never listen to armchair experts when I make financial decisions.

I do proper research and I use common sense. In every commodity known to man, you will find a correction phase in the price curve and this is no different for Bitcoin. It is up to you, if you are willing to take the risk and possibly reap the rewards at the end.

[CodyAlfaridzi]

Bitcoin price decreases 1000$ within a hour. And now, its price is only about $8800
Some my friends said that it could be dump to around 6k$, even 4k$
What do you think?

Good 'ol Bitcoin. $1000 in a day is nothing. We've seen $1000 hourly candle before. There's a possibility that we're retesting those $5K levels although that seems unlikely. I personally would be okay with it, cheap BTC could only mean buy for me.

[Sithara007]

There is still a lot of uncertainty surrounding the Binance exchange. The Binance admins are not revealing whether any of their funds were stolen or not. If the funds were actually stolen, then there is a good chance that the exchange rates may go below $7,000 per coin.

[krauzzer02]

if you can invest for long term you can see in future bitcoin will go very high and decrease of 1000$ is very rare.

It's not rare actually it is normal in the crypto world, some of the coins will go beyond the crash that leaves no value at all for just 1 day of its cycle, bitcoin loses almost 10k plus USD over a weeks of its dump so that's a normal scenario for their fluctuations in additions of FUD's and negative news about it.

wow that is a BIG dip  .any reason why the latest dip?

Binance Phishing and attempted stealing, regulations, banning, FUD's and false news from the selfish people to buy cheap bitcoins at dip then the cycle repeats to double their earnings

[First77]

Bitcoin price decreases 1000$ within a hour. And now, its price is only about $8800. Some my friends said that it could be dump to around 6k$, even 4k$ What do you think?

This is serious.    Sell Sell Sell Sell......

[mahilchii]

Bitcoin or any crypto price gets down and bounce back in double, do not panic and please wait for the good things to come  in a month or two. You cannot expect Bitcoin to be always in higher price since crypto market is always volatile.

[CryptoBeefy]

The Bitcoins have fallen due to the SEC's announcement of their plans to regulate exchangers.

Coupled with more FUD, Reason for people to panic selling.
Binance Hacking -
Exchange Regulations -

= Dumped BTC!

Just be patient, and the normal price of bitcoins will come back.

Exactly this .. As wisely stated above, the best thing you can do is just hold, don't have weak hands and panic sell. With all drops in times of panic, it opens up a great window for a chance to buy more as well.

[Caesar Cung]

Bitcoin or any crypto price gets down and bounce back in double, do not panic and please wait for the good things to come  in a month or two. You cannot expect Bitcoin to be always in higher price since crypto market is always volatile.

Update BTC / USD. in Live stream 3
(Facebook: Dong Pham) on March 7th i predicted BTC about 8,800 or 8200 $
Now with the price action approaching, please make a comment next BTC will return from 8200 - 8300 to 8800 -9200 then to $ 7100 and recover from this price range.
If the case falls below $ 7000 then the market is extremely bad throughout the year 2018!
My plan is to wait for BTC $ 7,000 to buy and keep btc long term!
Don't panic sell because btc is the king!

[venom1977]

FUD FUD but a lot of ppl is selling lots of BTCs and other altcoins... volatile market 

[Ranly123]

Bitcoin price decreases 1000$ within a hour. And now, its price is only about $8800
Some my friends said that it could be dump to around 6k$, even 4k$
What do you think?

So? If that happens, what would be your plan? Are you going to sell your stock or hold it until you see the rise back again? Panic selling will not bring good outcome on your decision. Remember that in the past years bitcoin always go through dumps and pumps, so it is better to wait for the pum than to do panic selling.

[akmittal]

Yes it is true Bitcoin price decreasing sharply  this is due to Japan suspended some exchanges for Bitcoin trading due to some scam by exchanges.

[d_fitrie]

yesterday's tragedy has been repeated again, bitcoin has decreased dramatically enough, I do not know why this happened
what actually happens, we all do not want bitcoin down, right?

[Hellobx]

Yes, it's still going down, but if it goes down to $6,000, then I think I'll buy a lot, because $6,000 is the cost of digging up bitcoin. So I think it's a good choice to buy bitcoin at a cost price.

[LSimers313]

This is a good time to buy BTC.
I really dont see $6000 again.
the lowest I would predict is $7400.
But you can't always buy at the bottom.

One thing I always say is even if the bears, fud, news whatever keep BTC price low
At some point its going to Moon. Could be 1 month, 6 months, 1 year.
It is in no one's control to stop it forever.
Fiat is very outdated stuff seriously.

How can we keep living in the Stone Age  

[bitbunnny]

Nothing that we haven't already seen.
It's been a trend for a while that Bitcoin price changes very quickly and this can happen in both ways so I'm actualy not surprised.
The price is down now and this makes perfect time for buying, especialy for day traders.

[EUROPEANTURK]

I dont think that we will see 4000 dollars for Bitcoin price , yess Bitcoin price decreases 1000 dollars but i think it is good chance for to buy Bitcoin for long term.

[cryptohunter]

probably the mt gox scabs selling their huge stash to pay the compensation

[Dapper]

Hitting 10K one hundred times is just as good as waiting for it to get to 100k (maybe never).

[rockie87]

I would say it is normal fluctuations that has just extended for more time.There is nothing to worry in it.This kind of market ups and downs are due regular buying and selling, in short day trading.Sometimes the fluctuations are positive and sometime they are negative depending on what is increasing,buying or selling.