Bitcoin Dips Below $5,600 for the First Time in 2018

[Flagship11]

https://cointelegraph.com/news/markets-see-massive-selloff-bitcoin-dips-below-5-600-for-the-first-time-in-2018

Sort of hot off the press!
But no need for FUD as this will all turn around.
Probably a nice buy in if thats your options, sadly not mine

[Lomberjack]

As a bitcoin user, I felt reallt sad when I heard and saw it in my own eyes that in this 2018, bitcoin's price came down. But I am still hoping and other users that it will still recover.

[mk4]

I was expecting another dip to be honest, but I'd be lying if I said that I knew it would drop this low, this fast. I was anticipating a low of $$5,900 but damn. I'm not sure if this is the best time to buy just yet.

[Tahir460pk]

Very crucial moment that bitcoin is dropping down and now near 5K but now hopefully as it becomes down must be now go up, mostly people's are hyper and panic as now conditions change.

[digitalcryptocoin]

Bitcoin itself have "0" value.

But all its about proper advertising, fud, interest and marketing takes BTC price to skyrocket. If people continues to remove their interest, faith and trust from BTC then is sure one day BTC will really come back to its original value of "0".

I see some group of people with higher equity can be easily take control over market and manipulate it. But in such scenario many small players get kicked out of market. Even many lost their equity by nearly 70%.

[oppasong]

when I see the development of bitcoin in 2018, bitcoin tends to experience price declines but we remain optimistic about this situation and re-use this best moment by continuing to invest when the bitcoin price drops because bitcoin is definitely going to rise in 2019.

[thuat86]

https://cointelegraph.com/news/markets-see-massive-selloff-bitcoin-dips-below-5-600-for-the-first-time-in-2018

Sort of hot off the press!
But no need for FUD as this will all turn around.
Probably a nice buy in if thats your options, sadly not mine

so hurted. Where does bitcoin go to? who know please tell me

[Buttermellow]

So what will happen to cryptocurrency now? Will it become a one hit wonder? I just have to take it that there is a huge possibility that bitcoin will not work because of its anonymity features. This kind of features will be a hinder to bitcoin's advancements because people will be encourage to this because of the anonymity feature.

I hope that bitcoin wil be modified and anonymous features will be changed.

[ethereumhunter]

Yes, the down of the price makes us very sad, especially we are now seeing the price is less than $6000, and even it's down for deep. In a few days ago, my friends and I discuss where bitcoin wants to go and base of the situations, we agree that the price can get down too deep, but we don't expect to see a very lower like this. We agree that the price can go to $5800, but we are wrong, the price still gets down at $5654 according to on Bittrex now, but after that, we agree that after this moment, the price will bounce up higher.

[pooya87]

we owe this drop to the bitcoin cash team and everyone involved in that altcoin including those who bag held it and contributed to its price. they all gave people like Roger Ver and Craig Wright the money they needed to pull these things on bitcoin. and they showed them that they can make a lot of money by simply forking bitcoin. now they are manipulating the market too.
so sit back and enjoy the shit show that is known as bitcoin-cash

[Zin-Zang]

we owe this drop to the bitcoin cash team and everyone involved in that altcoin including those who bag held it and contributed to its price.
they all gave people like Roger Ver and Craig Wright the money they needed to pull these things on bitcoin. and they showed them that they can make a lot of money by simply forking bitcoin. now they are manipulating the market too.

If Bitcoin price can be manipulated that easily by a few guys and an altcoin.

Kinda proves bitcoin is not as strong a many pretend it is. 

[Siren]

https://cointelegraph.com/news/markets-see-massive-selloff-bitcoin-dips-below-5-600-for-the-first-time-in-2018

Sort of hot off the press!
But no need for FUD as this will all turn around.
Probably a nice buy in if thats your options, sadly not mine

For sure this is what we are all waiting for,,i consider this as the bottoming stage before the bull comes again.whats happening now is really opposite from what we had last year when in october the prices started to grow and gets bloom in December

So my advice for all of you guys,better purchase all that you can because its the only chance for profiteering this year

[pakhitheboss]

https://cointelegraph.com/news/markets-see-massive-selloff-bitcoin-dips-below-5-600-for-the-first-time-in-2018

Sort of hot off the press!
But no need for FUD as this will all turn around.
Probably a nice buy in if thats your options, sadly not mine

This was suppose to happen. Bitcoin was stable for a long time. Either it was suppose to go up or go down. Well, it went down.

Last year the price of Bitcoin went down at the same time. If History repeats itself the price should rebound with a short term Bull run.

Good time to buy.

[ansarose1]

As we can see the market now is not a good situation by traders and investors, however that's the normal situation of the prices of altcoins and bitcoin in the market, it drops now making it the lowest of its price in this year. However, maybe in next year it will rise up and make the investoes and traders happy about it.

[Little_king]

If this is stable and stay under $5800 for next 24hrs then we are going to see more dip as $5800 will be a new resistance why $4800 might be our new support as the chart still look bearish.

[ralle14]

Where does bitcoin go to? who know please tell me

Always remember that there's only two ways that Bitcoin can go either up or down. No one can tell you when since the prices can be manipulated.

If Bitcoin price can be manipulated that easily by a few guys and an altcoin.

Kinda proves bitcoin is not as strong a many pretend it is.  

For now it's easy for them because the volume is currently small but in the future it won't be the same.  

If this is stable and stay under $5800 for next 24hrs then we are going to see more dip as $5800 will be a new resistance why $4800 might be our new support as the chart still look bearish.

The price doesn't look stable surely it'll stay under $5800 in the next 24 hrs.

Edit

Hmm ,  the 24 hrs Volume is $8,117,706,311

In your mind over 8 Billion Dollars is small.  

Okay it may not be small but still it can be manipulated by people that have enough $.

[Zin-Zang]

Where does bitcoin go to? who know please tell me

Always remember that there's only two ways that Bitcoin can go either up or down. No one can tell you when since the prices can be manipulated.

If Bitcoin price can be manipulated that easily by a few guys and an altcoin.

Kinda proves bitcoin is not as strong a many pretend it is.  

For now it's easy for them because the volume is currently small but in the future it won't be the same.  

Hmm ,  the 24 hrs Volume is $8,117,706,311

In your mind over 8 Billion Dollars is small.  

[sinkfish]

well, the real culprit is quite obvious, China miners pull out of plug. hash rate has drop 20%. it should stabilise within the next 24 hours.

[Bitdressa]

As a bitcoin user, I felt reallt sad when I heard and saw it in my own eyes that in this 2018, bitcoin's price came down. But I am still hoping and other users that it will still recover.

really, I really agree with you, but why can this bitcoin price go down, it is very regrettable that the price can go down like this, hopefully for other users it does not feel disappointed and also not discouraged to continue.

[bitfocus]

yes, this is really sad news for regular bitcoiners and investors, but corporations and whales will just start buying more.