Black Friday

[hubballi]

Yeah sure, if you want to believe it's because of black Friday, go ahead.

Sounds just like when people said that Bitcoin crashed because of Chinese New Year.
It's all just speculation and I really don't see the point in trying to tie these drops to events like these.

You could perhaps argue that the price dropped because of the BCH split drama, but I'm not sure about that either.
It might have been somewhat of a catalyst, but the main reason why Bitcoin dropped is because the support just wasn't strong enough to keep it above 5k.

And many people bought it really high and were holding because "you know 10k$ minimum for christmas !!! you can trust me. Trading is easy, everything is a cycle, so last year the pump was at the end of the year. It will be the same !!!! "
In one word : MANIPULATION
again and again

So as per your view bitcoin will be 10k $ in christmas, but what is the theory that it will reach that much up high. If you are seeing the last year chart then i think it can also be like 1000$ price also as everyone knows that in christmas most of them sell as they want to pay their expenses for their holiday.

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[Real14Hero]

That's the black Friday,
this is why The dump is began,  1000$ drop. I hopeful about rising Bitcoin price.

what you Thinking about it??

tide hold dont panic guys

[SparkleToken]

Focusing on technology is more important than focusing on the price. As bitcoin and crypto in general keep progressing the price will come along with it.

[qiwoman2]

We need to check volume and rsi on the next couple of days time frame to see if this is going to be a bull trap or the bottom of this cycle with a reversal. It's very early to tell if we are bottoming out or we are going to drop further. There is strong support in the 4k range for Bitcoin but we shall see in the following days to come if that support Is broken we should be heading south to around the next support of 3k USD. Things have been pretty bloody, especially due to the Bitcoin cahs hardfork and that is not turning out well in anyone's favor except some Egotistical alpha males who don't know what they are doing right now.

[cetald]

That's the black Friday,
this is why The dump is began,  1000$ drop. I hopeful about rising Bitcoin price.

what you Thinking about it??

I am sure that by the new year the price will be around $8000. Now the big players want to buy cheaper. As soon as they replenish their wallets, the market will continue to grow.

[suzanne5223]

That's the black Friday,
this is why The dump is began,  1000$ drop. I hopeful about rising Bitcoin price.

what you Thinking about it??

Disagree with what the OP concerning the reason behind the trends in the crypto currency market but I believe the upcoming thanksgiving was the reason behind the down trend because I have predicted the market to experience another bottom price acouple of days before thanksgiving and as we can all see it happened. However, the market will slightly arise after the thanksgiving before facing another dump in price in December.

[Hans17]

That's the black Friday,
this is why The dump is began,  1000$ drop. I hopeful about rising Bitcoin price.

what you Thinking about it??

Well we need to expect less and be patience still the best solution for what is happening right now is patience, don't rush the things, neither I , i expect and hope about the rising price of bitcoin but nevertheless, still i hold my coins , diversify my investment and putting a lot of strategy also effort.

[Julunguul]

That's the black Friday,
this is why The dump is began,  1000$ drop. I hopeful about rising Bitcoin price.

what you Thinking about it??

All the peoples are ready buy more Bitcoin in this dip. But many panic sellers are continuously sell our investment it is hard to predict the future possibilities so keep hold our Bitcoin is the right decision. May be next year it will recover so keep watching all the eyes but don't be afraid in any situation because Bitcoin is a future asset.

yes, people are still selling in panic, while on the other hand, investors are still waiting until they find a good time and position for their entry, so if there are no investors who are fishing to avoid panic selling, it will be difficult to stop, remember bad about bitcoin continuously and the good news doesn't have a positive effect

[AiBBio]

That's the black Friday,
this is why The dump is began,  1000$ drop. I hopeful about rising Bitcoin price.

what you Thinking about it??

Yes, maybe black friday will influent on bircoin rising

[Gary Levanevskii]

I think that Black Friday has already begun and it is still going on and on Friday, on the contrary, growth is expected. I don’t expect prices to fall in the near future. It’s possible we will never get so close to 4000$ anymore.

[Andrew1337]

I've watched at 2017 chart the same date with black friday . The same situation was there -$700 in 2 days . Hope btc will be back soon and he won't drop again

[Destroyeroff98]

That's the black Friday,
this is why The dump is began,  1000$ drop. I hopeful about rising Bitcoin price.

what you Thinking about it??

Black Friday and big discounts. Now it is clear why the whole cryptocurrency has fallen so low.

[ardhigalau]

Black Friday may be one of the causes of the decline in the price of bitcoin, and there are many more things that affect it. Like the BCH hardfork, where all bitcoin miners switch to BCH because hardfork will occur. I'm sure the price will improve again in 1 month.

[felicita]

Yes let's hope that someone buys in again after this prize drop.
And yes bitcoin becomes more and more perfect with the updates like lightning so prize is second.


regards

[DomainTorrent]

Times like this should not be a source of dismay but rather a source of celebration. When bitcoin prices go down, it means the door of opportunity is wide open for you. Grab it as for sure the price of bitcoin will gradually start to go up again just like before. Remember, it's always a roller coaster ride. Be smart and enjoy the ride.

[feather7789]

yeah the price is drop thats why it is called black friday, it is time for buying coins and holding for some days.

[charlotte04]

That's the black Friday,
this is why The dump is began,  1000$ drop. I hopeful about rising Bitcoin price.

what you Thinking about it??

yes, since black friday is all about cheap and less prices of products maybe in crypto it is also the same. So buy now since it is all cheap.

[Anatoly339102]

I also noticed that today is such a price correction and black Friday. Buy bitcoin and altcoins with a big discount. Perhaps in the future these prices you will never see) an Interesting coincidence))

[Marbelli]

There is no connection with the fall of Bitcoin with Black Friday. Do you think the apple and the amazon should also fall before black friday according to your logic? why didn't they do it then?

[novikov433]

If there were large companies on Black Friday that sell goods for cryptocurrency, then everything is possible, but such events do not correlate by themselves without obvious factors.