Bitcoin Drops Below $12K After Biggest Daily Price Move Since January 2018

[rdluffy]

I have to say I'm trying to accumulate more BTC in these dips, I'm selling at 12.5k and buying again at 10.8k
Some people are afraid because they already seen a big crash in BTC, or they bought at 13k

For the ones who just are holding for the long term, there's no problem at all

[1714838813]

1714838813

[pooya87]

It went $12300 as far as I know and now the price seems to be just below $12k now. So not that bad correction after reaching highs of $13800. As far as why the price goes down? it's simply correction is due after a massive increase. But at least it's very healthy as the price didn't dip below 4 digits.

it used to be healthy and the drop used to be a correction up until the $11k and even $10k. now it is a big ass panic sell that has brought the price to $9800 which is below the strong buy support at $10k which was holding nicely but was broken due to manipulation and panic sells.

[Ozero]

On June 26, Bitcoin, as I saw in the CoinMarketCap table, had a price of 13,574 dollars, after which it began to drop sharply in price and the next day it already had a price of 10,891 dollars. This behavior of Bitcoin was not surprising, since many were already expecting his departure for a correction, and moreover, more profound and longer than usual. Surprisingly, after a few days, he began to rise again in price and now its price is floating.
Such his behavior indicates a great potential for further growth.

[arpon11]

On June 26, Bitcoin, as I saw in the CoinMarketCap table, had a price of 13,574 dollars, after which it began to drop sharply in price and the next day it already had a price of 10,891 dollars. This behavior of Bitcoin was not surprising, since many were already expecting his departure for a correction, and moreover, more profound and longer than usual. Surprisingly, after a few days, he began to rise again in price and now its price is floating.
Such his behavior indicates a great potential for further growth.

we are witnessing hard corrections and it might pull back to around $9000 before we see another bull run again. Bitcoin never disappoints in it directions when it is defined and we should expect more of the upward market than downward market this year. We are having positive fundamental analysis this days and the price keep going down because of traders taking profits from $13500 trading areas and the support levels at $9850 may push Bitcoin upward towards $15,000 again.

[figmentofmyass]

we are witnessing hard corrections and it might pull back to around $9000 before we see another bull run again.

yep, price is looking very drippy. looks to me like $8k - $9k is the prime buying zone. the loss of the $10.3k low and the $10k psychological level should usher in some selling pressure over the next couple days. great news for those with fiat waiting!

[FanEagle]

It has dropped under 10 thousand dollars today as well. It has been on a huge bear run and I am afraid of the results of what it could be. I have too much invested in bitcoin and right now the more it falls the more of my money goes to waste and I am in dire need of cashing out as well, I have not invested all I have into bitcoin but I had all my free cash in bitcoin, don't get me wrong I can cash out right now and still live happily ever after but its just a depressing feeling to sell under what you got, so if I sell right now I will still be financially fine and wouldn't live under a horrible situation but no matter how much money I have it is still a bad feeling. Think of it like a person with 1 million dollars in free capital and now he has 700 thousand dollars, he can still live a wealthy life but he just lost 300k, that is kinda like me but on a very very very small case compared to that.