SUDDEN CRASH

[sumangs]

Guyz what had happened to market, seems a sudden crash to everything, Bitcoin is dropped to 7100 in minutes. Any news?

Maybe the whales did it again to make people panic sell and they do it for them to buy again on a lower price and do the same thing again and again. Some noob holders of bitcoin are just selling  bitcoins to whales at a lower price. The cycle continues, as long you have weak heart you can't gain more profit than them. Don't even panic sell, bitcoin is an investment and it really takes time for it to be worth it.

[tegarp90]

Guyz what had happened to market, seems a sudden crash to everything, Bitcoin is dropped to 7100 in minutes. Any news?

Not a crashed but a correction, it usually happened, people that already has much profits want to secure their profits so they sold all their btc and buy it again lower.
Usual thing on trading cryptocurrency

[SARA ISLAM]

Guyz what had happened to market, seems a sudden crash to everything, Bitcoin is dropped to 7100 in minutes. Any news?

I think It's not a sudden drop it's a correction, 2nd top not broken right now if you saw day chart then you see something happening here.

[jakelyson]

Guyz what had happened to market, seems a sudden crash to everything, Bitcoin is dropped to 7100 in minutes. Any news?

Luckily the support at this level is strong. I will not call this a crash but just a correction. The market was trying to break the 8000 resistance but it failed and fell into the support level. It will try again to break the resistance as you see the price is slowly growing back up.

[ranman09]

Some whales probably telling you to sell quickly or you will lose the high! This is one of their tactics so you will sell your holdings to them. Keep holding guys.

We can also said that when some entity after april fools day buy huge amount of bitcoin, $100 million to push the price. So that's how the whales played the market.

There are even some speculation that some big Asian whale was booking huge sell order and wanted to suppressed the price for unknown reasons.

Probably because they wanted to buy more at this level.

[Japinat]

Sudden pump today! it's the opposite of the crash that we've seen lately.

Market is looking good, it recovers now.
Bitcoin climbing fast and within this day I am sure it will be back at $8,000.
What a bullish day for us, market is back to green again, and altcoins are good performers now.

[joinfree]

Just as it dropped to $7100 in minutes, just last night it rose all the way up to $7990. Bitcoin is volatile and it would definitely rise and fall from time to time. As an investor learn this simple trend and buy when it gets low and sell some when the its price rises again.

[xvids]

Just as it dropped to $7100 in minutes, just last night it rose all the way up to $7990. Bitcoin is volatile and it would definitely rise and fall from time to time. As an investor learn this simple trend and buy when it gets low and sell some when the its price rises again.

Yes and seem's like those who bought it back when it drop already manage to gain a huge profit in just a short time.
This is why I really like a quick trade I just hope that those who bought it before it crash didn't panic because they would really lose a lot by now.
But provably if they are new in the market and really have a weak hands then they already lose some of their investment.
And this could be a lesson for them as well .

[Botnake]

Just as it dropped to $7100 in minutes, just last night it rose all the way up to $7990. Bitcoin is volatile and it would definitely rise and fall from time to time. As an investor learn this simple trend and buy when it gets low and sell some when the its price rises again.

We should get used to this, drop make the price stronger everytime it bounce back up.
Big pump is good but it's normally resulted to correction and I'm glad although we seen a deep correction but the market was able to recover.
This really tells us that we should not worry of any possible correction as the bull is strong enough to take us up again.

[b3llsf1l3s]

It's just a correction, if you pay attention in detail, this also often happens on Friday. some people just want to withdraw their bitcoin and pick the hold with them. there is nothing to doubt. You should, if this happens, you can get a slightly cheaper price to short for the next few weeks.

[Kelvinid]

It's just a correction, if you pay attention in detail, this also often happens on Friday. some people just want to withdraw their bitcoin and pick the hold with them.

I didn't notice it mate? Anyway,  Let's have a look at it next Friday if there is a dump happens again.

But anyway, either that is market correction or not,  we have to understand how our market being at volatile. Dumps show anytime and we never knew when.  It is how to believe that market still alive and follow the path of what it's started.

[slaman29]

This is normal, in fact, if this hadn't happened earlier, we would have seen an even bigger crash. And the fact that all these price increases or drops that happened suddenly have all been attributed to mystery big orders belonging to big whales, means we have to always be on our guard and make sure we're not going to end up taking the short end of the stick when the big whales go out to play.

[rahmatullah9305]

Lol, the market doesn't always move the way you want, even though the price of Bitcoin and Altcoin has dropped to $ 7100, Bitcoin along with other cryptocurrency, is ready to recover with rumors of a potential price of $ 10,000 this year.

[freedomgo]

Lol, the market doesn't always move the way you want, even though the price of Bitcoin and Altcoin has dropped to $ 7100, Bitcoin along with other cryptocurrency, is ready to recover with rumors of a potential price of $ 10,000 this year.

That's too low if you will ask me, that $10,000 is not hard to reach before the end of the half.
Bitcon started is big run again, back to where we dropped, it's $8K already and still moving up, I would continue to hold at this movement.

[Tylev]

Guyz what had happened to market, seems a sudden crash to everything, Bitcoin is dropped to 7100 in minutes. Any news?

It was only a temporary withdrawal of Bitcoin to correct its course. If he does this, it is the opposite, evidence that in the future he will again be ready to grow in value. Therefore, if yesterday, Bitcoin had a price of about $ 7,400, then this morning, he picked up, according to CoinMarketCap, to $ 7,900, and now his price has risen to $ 8,079. Thus, he again broke the barrier of $ 8,000 and now has to grow towards 9,000 - 10,000 dollars.

[okala]

Guyz what had happened to market, seems a sudden crash to everything, Bitcoin is dropped to 7100 in minutes. Any news?

It was only a temporary withdrawal of Bitcoin to correct its course. If he does this, it is the opposite, evidence that in the future he will again be ready to grow in value. Therefore, if yesterday, Bitcoin had a price of about $ 7,400, then this morning, he picked up, according to CoinMarketCap, to $ 7,900, and now his price has risen to $ 8,079. Thus, he again broke the barrier of $ 8,000 and now has to grow towards 9,000 - 10,000 dollars.

I know bitcoin price will rise above 10,000 before the end of this week bitcoin have shown steady increase in it price after a correction of $7,400 and now seating at $8,000 and still growing. The market is very Bright and in no time from now the price will rise to $9,000.

[xWolfx]

Don't panic mate, things have been like this since the advent of cryptocurrency and the volatility nature warrant the sudden crash, never worry about this happening becasue Bitcoin price will surge again. Today the market has gained in price, and we hope that the trend continue for a surge, in the price of Bitcoin..

Truth. Some people will still panic no matter what sometimes though, but it's ok. As Bitcoin stabilize more then it will be a lot easier for people to control their emotions and especially don't let emotions control them.

Now in the really far future it will probably be really easy to keep your cool but at the time we will probably be the ones telling stories about when i was about your age i was doing this and that. I think that boring kids with the story of how Bitcoin was so unstable before and people used to say it was a scam will be good entertainment.

Just relax.

[Leonw1n]

Lot of people sold there bitcoin because of fear.That bitcoin will fall again.Even friend of mine sold his 2 bitcoins @8200.That he bought at 3400$.He said to much greedy is not good.By the way he earn 2X profits in 3 months.He sold before the sudden drop.I hope the market will correct soon and start bitcoin's bull ..End of this year I hope bitcoin will stay between 12000$-15000$ range

[Astvile]

Dips and correction,look at bitcoin now currently @7.9k turning to 8k in any minute of this day bitcoin came from 7.3k mark this morning and look how much we pump again.This mornings dump is just a correction for altcoins and just a dip for bitcoiin we will continue to pump.Trust the process

[Gaff]

This is normal, in fact, if this hadn't happened earlier, we would have seen an even bigger crash. And the fact that all these price increases or drops that happened suddenly have all been attributed to mystery big orders belonging to big whales, means we have to always be on our guard and make sure we're not going to end up taking the short end of the stick when the big whales go out to play.

When the big whales wanted to play, it's good to ride on their path and don't prefer of choosing to dump easily. You must have focus and determination in order to survive even though there's a sudden crash happening. Don't expect quicker rise to attract massive orders with other coins, but I think it was a slow rise could trigger that to happen. We need to consider dumping price also to occur prior reaching to the top price expected.