Bitcoin Bleeding Again

[xuv500]

Bitcoin went down below $3800 which is beyond my expect https://www.coingecko.com/en/coins/bitcoin
but total market wise if you look in terms of BTC and ETH, dont see USD the alts are just following suite https://www.coingecko.com/en
now on, this space is only for strong hands and bitcoin directs market

This is unbearable after seeing the CMC I was frightened to be honest I never thought it will go such a low this year in the last quarter and this November was entirely dominated by bear market till now. Let's wait till the end of the year to see some good changes in cryptocurrency.

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[longyenthanh]

In my opinion, it is the confusion of the whole community that allows even small (relatively) capital to manipulate the market. Only when people understand that it is only fear that directs their decisions, they will start to re-believe in potential of Bitcoin and cryptocurrencies. I am sure that this trend will change very soon.

[radjie]

The price movement of Bitcoin has so far been able to give panic to everyone because it has experienced a very sharp price decline, but even though the price of bitcoin is at level 3k, it will not make Bitcoin lose its value. behind all that there will definitely be surprises that we never knew

[jemarie20]

We are in the 3K levels, We will rebounce or Bitcoin will die as faketoshi said?

I never thought that bitcoin will die someday, that is why I believe that after few months and day bitcoin will stand again being strong and more expensive coin in the crypto world.

Just wait, hold, and patient everything will be okay.

[b3j0]

I get one more silly question today. if they believe that bitcoin will die, they will sell all the bitcoins they have. they make this kind of news to get bitcoin at low prices.

[Shinpako09]

Finally the bleeding stop and we got bounce back to $4k+. Hope this help others mindset on their negativity when their is fall. I could imagine what they are saying right now. They thought price will continue to fall and would go even lower. Getting panic will never do good to theirself but then they aren't realizing it up to now.

[Renaldi blackspadeteam]

We are in the 3K levels, We will rebounce or Bitcoin will die as faketoshi said?

Not,! Bitcoin will never die, it's just a FUD, and in my opinion now is the best time to buy bitcoin again.
do not forget about ETFs, because if it is inaugurated then the price of bitcoin and other cryoto! the average will goes up

[Jhonyjon]

bitcoin can't go up because of the bubble effect, because bitcoin can't directly support high prices which causes bitcoin to fall

[Idrisu]

The current price is not expected at all and not only bitcoin but other cryptocurrencies.  The bearish momentum is gathering the more and we should expect more of bearish trend than bullish trend in days to come.  Some people are saying bitcoin is heading toward $1500.

[Crypdon]

Anyone who thinks it is going below 3000 is dreaming. There is demand from wannabe investors who missed out when it went over affordable levels. 3000 dollars is a nice low entry point for these investors

[yesyoupump]

I don't know if faketoshi has all the power he said.
I hope he is cheating because ha has not all bitcoin needed to dump so hard.

[mrcash02]

A new wave of terror today, -7% already. It was showing some resistance days ago, but it wasn't enough to push Bitcoin up again. There is a lot of effort to resist and show strength, hoping investors will see this and put money in to help, but seems it's never enough.

Quite the opposite, seems when the market shows some strength some people holding Bitcoin insist in selling to dump it even more.

[sunsilk]

Don't take faketoshi's word seriously. When these people are saying that bitcoin is going to die, they have their hidden agenda that when people fall for their words they will start buying.

They are making the prices lower so they can buy more regardless of what coin they are supporting. CW has his SV but I'm sure that he's not getting rid of his total bitcoin stash.

[nl247]

A new wave of terror today, -7% already. It was showing some resistance days ago, but it wasn't enough to push Bitcoin up again. There is a lot of effort to resist and show strength, hoping investors will see this and put money in to help, but seems it's never enough.

Quite the opposite, seems when the market shows some strength some people holding Bitcoin insist in selling to dump it even more.

Well, the new wave of terror is like a new wave of opportunity for some. It just depends on how you want to be looking at it. However the market wants to dump or to what extent it wants to dump, I pretty much will just see it as a chance for a great opportunity. We all know this will not be forever, so when the state of the market is like this, the only thing that just pays is buying more, since a lot of people will just be busy doing quite the opposite and feeding the financial institutions more money.

[JMD07]

It's bleeding again and this is another opportunity for us to take advantage on a lower price of bitcoin. Those believers shall be happy on this situation as they will buy as they can for the next green season. They know what to do in this situation.

[ngusmin]

A choice will be able to change the future, and if you don't believe in bitcoin then you can leave it, I still believe and I will still hold bitcoin.

[xuv500]

Actually I feel very confused about the current market situation because it is very difficult for us to be able to predict what will happen next. I am currently choosing to remain silent and only monitor market movements.

The market might be very bad right now but it will not be the same right? The problem is we need to wait for few more days that's it. A lot of people are spreading FUD to buy coins from Panic sellers, hold your coins and wait patiently till the price increase.

[Semaj123]

It's bleeding again and this is another opportunity for us to take advantage on a lower price of bitcoin. Those believers shall be happy on this situation as they will buy as they can for the next green season. They know what to do in this situation.

Indeed, it's probably not a perfect time to buy but shall we say best time to buy some coins. BTC will soon have a better bounce back and what should we do is to have a patience in holding.

[abanansah]

The bleeding of bitcoins was a test of height for it to get to new level. I think the bleeding was severe for bitcoins to come very low since we enter this year.

[gabmen]

Actually I feel very confused about the current market situation because it is very difficult for us to be able to predict what will happen next. I am currently choosing to remain silent and only monitor market movements.

The market might be very bad right now but it will not be the same right? The problem is we need to wait for few more days that's it. A lot of people are spreading FUD to buy coins from Panic sellers, hold your coins and wait patiently till the price increase.

Lol. Your few more days could end up in weeks and even months dude. We may be better off forgetting about crypto for a while to rid ourselves of stressing out over what's going on.