Big market crash has started?

[jamesashmore1964]

Bitcoin needs to hold a support level of $6,000. If it doesn't fall before next Wednesday, the market is going to rise. Otherwise, I am afraid that the price will appear new low.

Very correct: Good post!

[1714050696]

1714050696

[1714050696]

1714050696

[1714050696]

1714050696

[1714050696]

1714050696

[smoolae]

Even if this is the big crash, not all is bad, the last of weak hands will get shaken out and abnormal selling of coins will stop. We actually need to bottom out before having a bull market again.

[thinhthai]

Under 6000 is possible, yes, we need new investors to join this market. First, who can't suffer any more, they'll leave and new investor will come. it's my opinion

[eaglewhite80]

The only way I see any hope now is forming a double bottom at $6k and bouncing from there which is still not a guarantee that the downtrend is over, but might give some little time for an upward movement before going lower in the short term.
I already saw this coming immediately we broke the wedge formation which is assumed to set us on a lower trend and we will just have to wait to see how each support as we go down plays out. I would rather wait it out to see how the market would play out than try to jump in looking for the best value. We are going to be in some huge downtrend in some days and could be a pretty quick one. Altcoins are already beginning to drop very fast as well, which I am not surprised!

[jamesashmore1964]

The only way I see any hope now is forming a double bottom at $6k and bouncing from there which is still not a guarantee that the downtrend is over, but might give some little time for an upward movement before going lower in the short term.
I already saw this coming immediately we broke the wedge formation which is assumed to set us on a lower trend and we will just have to wait to see how each support as we go down plays out. I would rather wait it out to see how the market would play out than try to jump in looking for the best value. We are going to be in some huge downtrend in some days and could be a pretty quick one. Altcoins are already beginning to drop very fast as well, which I am not surprised!

Great advice-Thanks

[grumpylittlepoodle]

It is sad but maybe unavoidable!
The only thing that can save BTC going under 6K is a big Whale buying BTC!
Sending BTC down is easier than sending it up: Less resistance. That is why it is going down! When it goes to a 3-4K the bears will become bulls: Opinion.
If you worried move into Tether and sit it out: Suggestion Only.
2 Billion down as I typed this: It looks real ugly

Its going to be a bloody in crypto market now and this is a good timing for all wants to buy many BTC. I think you're right when the price hit in $4k only then the bulls turn in that time. So buy and buy when the narket is still dropping.

[BitcoinHunt3r]

It is sad but maybe unavoidable!
The only thing that can save BTC going under 6K is a big Whale buying BTC!
Sending BTC down is easier than sending it up: Less resistance. That is why it is going down! When it goes to a 3-4K the bears will become bulls: Opinion.
If you worried move into Tether and sit it out: Suggestion Only.
2 Billion down as I typed this: It looks real ugly

i already worried about my asset but luckily i already sell my coin to fiat. i think it is more safe than hold Tether ( because my local exchanger not support Tether actually ) but i already feel safe with it

[oxoxoxox]

A single whale can't control the current BTC. If we want the market to rise quickly, then we need cooperation between the whales to achieve this! For example, some trading platforms jointly launch new events! Or some developed countries recognize cryptocurrencies and set up legitimate trading platforms!

[klavuhn]

It is sad but maybe unavoidable!
The only thing that can save BTC going under 6K is a big Whale buying BTC!
Sending BTC down is easier than sending it up: Less resistance. That is why it is going down! When it goes to a 3-4K the bears will become bulls: Opinion.
If you worried move into Tether and sit it out: Suggestion Only.
2 Billion down as I typed this: It looks real ugly

Look at Tether chart. I don't think that you should move. Something that makes me sad is the price of the ETH is down 10% again. I made wrong decision with buy coin last week. I should wait until the price got cheaper.

[carlisle1]

It is sad but maybe unavoidable!
The only thing that can save BTC going under 6K is a big Whale buying BTC!
Sending BTC down is easier than sending it up: Less resistance. That is why it is going down! When it goes to a 3-4K the bears will become bulls: Opinion.
If you worried move into Tether and sit it out: Suggestion Only.
2 Billion down as I typed this: It looks real ugly

What is that tether?is that a coin?does it have a value?lol

Nice advertisement i almost thought at first that youre concern in bitcoin,not until i read that Tether coin,if bitcoin going down to $4,000 for sure tether will back to zero price since this coin has no future and lowest potential

[jamesashmore1964]

A single whale can't control the current BTC. If we want the market to rise quickly, then we need cooperation between the whales to achieve this! For example, some trading platforms jointly launch new events! Or some developed countries recognize cryptocurrencies and set up legitimate trading platforms!

Yes, a solution needs to be found!

[Unknown Artist]

The market looks very worried! Bitcoin is at the edge of the cliff! A few more steps and he will fly into the abyss! Although this may all be provocation!

[sushizhe]

I think this is short-lived. The market will soon rebound and don't be afraid to stick to yourself.

[Piskeante]

noone except hardcore traders are winning money and have been winning money for the last 6 months. As time passes by it's proving more and more my point: the market is declining and all supports are going down, while big resistances to increasing prices are getting bigger and bigger.

the market is collapsing, and it's not collapsing more because PoS has not been announced for ETH yet. I've warned the community like 100 times. Hard, very hard times are coming, and people are only investing on a dead horse. No intelligent people are buying at the moment. Only if ETH can go past 560$ should you buy it. Below that, stay away because that means bears will crash the market as soon as that happens.

[kramchers]

this is really sad, after a small step going up,
we have seen a big crash again in the market.
i was so happy seeing so many green colors.
but look at it today, they are at the red sea again.

[bellator66]

There are times when we split up, once we've met. Correction and introspection into the future we need to do. The bitcoin in the future can be more advanced. It's hard to do this all, with a big soul bitcoin having to do it.

[gabmen]

The market looks very worried! Bitcoin is at the edge of the cliff! A few more steps and he will fly into the abyss! Although this may all be provocation!

Lol. We've been way lower than this last february dude so relax. And even if we do go below 6k which is the all time low for this year, there's always the promise of recovery. It will have it's time and those who kept themselves composed will reap the most rewards

[BloodKnight]

Hope this is not a real news, I have lost a lot of money now, but I believe it will come back.

[Cloud_miner]

All that is happening now in the bitcoin market is an artificially created situation. If it does not give you rest, and you start thinking about selling your coins - better take your mind off, do not think about what's going on. This can not continue all the time.

[yayoyo]

This is a dangerous sign. Bitcoin is very likely to lose its support position of $6,000. Once it breaks below $6,000, the entire market will return to the state of September last year.