BTC just went Down

[kodtycoon]

It went from $3,795 down to $3,665. All in a matter of seconds. I wonder why and what happen.

All my trades are up and hanging. My whole Binance account is now waiting for the rebound.

You guys doing okay?

There is no certainty in the world of cryptocurrencies, including the price of Bitcoin which has undergone such rapid changes. This is actually an advantage for someone because they can use the momentum like this to benefit from buying and selling. When the price of Bitcoin decreases, we can buy Bitcoin at a much cheaper price, and when the price of Bitcoin increases, we can sell it at a much more expensive price.

making use of that moment is difficult if on the contrary it happens that the opposite is buying when it's high and stopping to wait for the above price when he buy yeah. the price of bitcoin is like that for us it's natural mate, not to wonder why there are people who say too quickly decreases in all markets only a matter of time

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[carlisle1]

It went from $3,795 down to $3,665. All in a matter of seconds. I wonder why and what happen.

All my trades are up and hanging. My whole Binance account is now waiting for the rebound.

You guys doing okay?

but day before that bitcoin Grows from $3,900-4,100 so whats the difference?

Bitcoin will grow today and drops tomorrow or vice versa so stop looking on single side instead look at the brighter

[sarmrakib]

Its really a bit down but still has a uptrend .Its like a sideways for few days i think we will get the uptrend from this position once again.I am also taking a break and waiting for a stable move.

[wuvdoll]

And the price went up to 3800+ again right afterwards, do not assume anything when bitcoin goes down or up because it can continue to go down or up or it can change. Basically bitcoin is something that can do any type of movement or stay the same at any given moment. We have seen the price at 3400 just couple weeks ago, than we saw it 4200 and than it went down and now it is at the same price for days without changing and doubt it will change anything.

I would like to point out that we have hit the same numbers plenty of times before as well so these moves are not anything new to us and I doubt it will be the last one as well, we will probably see the same moves couple more times and it will keep happening back and forth for a long time unless something major happens.

[btc_angela]

Ok, I just check the current price on https://coinmarketcap.com/ and it says that $3,865.17. Yes it's a bit frustrating to see the price going as high as $4200 and then suddenly went as low as $3700, but luckily the price in the last couple of days seems to stick around $3800. So there's another chance that it can bounce back again to $4000 levels if some good news comes around this March. Maybe Bitcoin ETF approval? No?

[Oceat]

Its really a bit down but still has a uptrend .Its like a sideways for few days i think we will get the uptrend from this position once again.I am also taking a break and waiting for a stable move.

It is almost finished to stay at this price range. What i am thinking is that where should it go next. Maybe downward or upward, then i have to wait and see if where the whales are planning to move the market. This is probably going to end soon either this week or next week, it's just running back and forth at $3.7 to $3.8, we should see another trend next week.

[STT]

Actually very sideways at present, heres my view of it. -



So blue line is 8 day average and there is also an upper and lower border from previous fib retracements.   It seems on rails, not wanting to move either way at present, most definitely not negative at this time imo.   Also the volume appears low

[wendiar19]

Actually very sideways at present, heres my view of it. -



So blue line is 8 day average and there is also an upper and lower border from previous fib retracements.   It seems on rails, not wanting to move either way at present, most definitely not negative at this time imo.   Also the volume appears low

when the graph shows a movement like this all the possible bitcoin price movements can occur, bitcoin can move up instantly and can move down immediately so usually when sideways like this have a very high risk.

[lablab03]

It went from $3,795 down to $3,665. All in a matter of seconds. I wonder why and what happen.

All my trades are up and hanging. My whole Binance account is now waiting for the rebound.

You guys doing okay?

 all we need to do for now is to wait and be patient.  No need to worry because soon it will stabilize again but it takes time again for sure . But in my view on this mid of month of march surely market will make a next move  again. because bull still alive in my opinion wherein just relaxing at the moment. Lol

[semobo]

Just the price settle to that region and it is not very huge swing range so there is no reason for that happening it is because of the traders moving their coins.But what is u expected is that when it drops from $4150 to $3700 range which makes that feel we trapped once more.

[davit putra]

It's difficult to predict changes in bitcoin prices because there is a lot of manipulation in the market, calm down and don't panic because the price of bitcoin is still able to move up.

[STT]

when the graph shows a movement like this all the possible bitcoin price movements can occur, bitcoin can move up instantly and can move down immediately so usually when sideways like this have a very high risk.

No I think the most likely prospect it just continues onwards in a predictable way for the moment.   Until we see a break of one those lines or the moving average then its in a holding position just looping the action.


I think there is a 2 phase stance to BTC where there the weekend market is dissimilar to the week days action which involves the big futures market thats operating as well.   The weekend always seems more bullish

[bitcoinisbest]

It's difficult to predict changes in bitcoin prices because there is a lot of manipulation in the market, calm down and don't panic because the price of bitcoin is still able to move up.

If you continue to believe in the crypto currency and know that it will be growing and countries would be supporting it as it will become the need and can solve various issues, then you should be confident in investing at this rates as it will recover and progress in coming years.

[Question123]

Im still okay even the market is dumped again. Because as a tradee there is no reason for mw to cry or have bad emotions because it cannof help to me in that way and those people in my environment. I hope everyone will be okay so the market started to rise again and not to decreaae again. But feeling not okay and sad is normal because that is your money but you need to be brave in this situation.

[radjie]

It went from $3,795 down to $3,665. All in a matter of seconds. I wonder why and what happen.

All my trades are up and hanging. My whole Binance account is now waiting for the rebound.

You guys doing okay?

All will be fine if we can trade digital currencies for the long term and not easily panic because we see a slight increase in market price movements and then fall again. I think now is not the right time to conduct short-term trading because the current market situation is less friendly if we expect faster profits

[arpon11]

I believe that the whales are playing hard game and that means we can only succeed if we understand what this big guys are doing and invest along the way with them.  Some people are commenting that if you study the buying and selling walls you will understand when the market is about to drop and I believe that is how it supposed to be but the reality is that it is very difficult for us to analyze all the exchange and know what the sellers and buyers are doing.  There are technical tools we can used to analyzed the market  position and what is about to happen in the market and I think developing our knowledge on how to analyze those tools should be the right thing to do.

[Latviand]

It went from $3,795 down to $3,665. All in a matter of seconds. I wonder why and what happen.

All my trades are up and hanging. My whole Binance account is now waiting for the rebound.

You guys doing okay?

It is normal that bitcoin will decrease its price because later bitcoin will recover its price again. So don't you worry on your funds because it will not literally goes down because since you panic sell you will also regret it if the price of bitcoin starts to increase.

[Ziskinberg]

It went from $3,795 down to $3,665. All in a matter of seconds. I wonder why and what happen.

All my trades are up and hanging. My whole Binance account is now waiting for the rebound.

You guys doing okay?

It is normal that bitcoin will decrease its price because later bitcoin will recover its price again. So don't you worry on your funds because it will not literally goes down because since you panic sell you will also regret it if the price of bitcoin starts to increase.

We will see that kind of movement from time to time and that is a normal price trend.

The only thing that does not amaze us is because it went downtrend which is the opposite of our expectation.
Just expect some recovery soon, the price could move like that but eventually a dominant uptrend will come on time, play the market if you
can be profitable, but if not, just hold it.