Big market crash has started?

[bunny0612]

I will lock my coin and do something else. Because I believe market will recovery. No need to look at balance, that just makes you panic and cutloss. Crypto market is new, cannot crash right now.

[ss890]

Be hold man! BTC is really in a struggling mode about which no one can really explain whats going on. The market is used to bear and bull run since the start of 2018 year. Its been worst year for it but there is some light that I wanna shed on the current bears that are going on. I always believe that this market is manipulate one and big whales are already working on it. As we have passed the mid year line, now is the time when big whales wanna re-enter the market but they will surely do this by making discounted offers for themselves. This could be one of those things and this is just my opinion from what I have observed.

[skorupi17]

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

You are talking about price increase due to desperation here. This will just be a price manipulation. Bitcoin's price could increase in value without this and it would be much healthier for Bitcoin to increase this way. Bitcoin is a pioneer and the best coin for most people in the "cryptosphere" so there will always be demand for it. Many will continue to buy and would eventually make the price increase.

[mast3rm1nd]

I don't understand why this is upsetting to many people, I mean we are still in a bearish market and we should be bottoming harder. it's not the end so just relax.

[strawhatters]

i don't think so. no one can guess about what will happen  future. some bad news can effect, or good news same.

You say I am wrong: we will see.
I wish I was wrong but I am a realist that uses intellect to make a deduction!
Everything points to sub 6K

If you really say you are a realist who thinks and uses intellect to make a deduction, then go eat this load of practical situation of the current crpytocurrency market.

1. You cannot predict what exactly will happen in the future. Just as you say "we will see, I am hope I'm wrong."
2. Everything is possible and with the cryptocurrency market being very unstable, it is possible that it can suddenly go up very high.  

[jamesashmore1964]

i don't think so. no one can guess about what will happen  future. some bad news can effect, or good news same.

You say I am wrong: we will see.
I wish I was wrong but I am a realist that uses intellect to make a deduction!
Everything points to sub 6K

If you really say you are a realist who thinks and uses intellect to make a deduction, then go eat this load of practical situation of the current crpytocurrency market.

1. You cannot predict what exactly will happen in the future. Just as you say "we will see, I am hope I'm wrong."
2. Everything is possible and with the cryptocurrency market being very unstable, it is possible that it can suddenly go up very high.  

Might be under 6K Today: Looks Bad!

[YesJP]

We will see, but I really think that by the end of the year the bitcoin price will increase

[xKARELx]

You should not panic, because by that you can not help it, you just need to believe in the best and support the market as a whole

[AAlex48]

Yes, let it collapse at last, the faster we descend the faster we fly out.

[Nolimitz84]

You're not the only one who's worried about it.I don't know what's going on.But selling your coins is also not an option.We'll all have to wait to grow.Other variants I do not see.

[googs84]

Yeah, the market looks shitty right now and its behaving like that since many months now. God knows what are the answers to these kind of trends or may be a whale with fat pocket is playing the whole game here.

Crypto currencies are gonna be like crazy high if this is really being done by some sort of whales here. If I am not wrong then this will be their self manipulation of the market to bring more fortune for them. Lets take advantage of this and be cool in this scenario.

[jamesashmore1964]

You're not the only one who's worried about it.I don't know what's going on.But selling your coins is also not an option.We'll all have to wait to grow.Other variants I do not see.

I sold everything! I saw it coming!
I lost a little bit of money!

[mario00]

I don't think that this is a big market crash, this is just a price dip just like any other. There will be another recovery in which more people will end up dumping their coins when they see a little price increase. No one should panic at this point, it is normal for the prices to fall every now and then before it corrects

[neatworld]

Plenty of support at all levels. People are already buying back in

[jamesashmore1964]

Plenty of support at all levels. People are already buying back in

FOOLS TRY TO CATCH FALLING KNIVES!

[Kevin77]

i don't think so. no one can guess about what will happen  future. some bad news can effect, or good news same.

The market may play out in anyway and no one is disputing that fact and I can see the OP stated it clearly that unless some bulls decides to pick up the market at this stage, then we have more way to go down than up which is pretty much a very realistic theory to me from what we are having on the charts presently.

As much as we keep hoping for the best, let's also hope for the worst case scenario which we may see it as a possibility towards even $3k if care is not taken but would be a good move to buy anyway.

[Gontxi]

yes, of course this is very alarming
the current situation has occurred almost every month. I have confidence that the market will not be stable in this year. yes, there will be a lot of panic back that decreases the bitcoin value.

[jamesashmore1964]

I don't think that this is a big market crash, this is just a price dip just like any other. There will be another recovery in which more people will end up dumping their coins when they see a little price increase. No one should panic at this point, it is normal for the prices to fall every now and then before it corrects

If you think it is normal good for you!

[wulian18]

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.

[jamesashmore1964]

i don't think so. no one can guess about what will happen  future. some bad news can effect, or good news same.

The market may play out in anyway and no one is disputing that fact and I can see the OP stated it clearly that unless some bulls decides to pick up the market at this stage, then we have more way to go down than up which is pretty much a very realistic theory to me from what we are having on the charts presently.

As much as we keep hoping for the best, let's also hope for the worst case scenario which we may see it as a possibility towards even $3k if care is not taken but would be a good move to buy anyway.

Thank you for great input and enthusiasm: I think you are correct about the scenario option!