any reason for this biggest drop?

[raes]

It probably there is no shaken to those who truly believe with bitcoin, but for those who are certainly at the doubts, they are the one that first to sell their bitcoins.

The current Bitcoin price decline will give something to us an opportunity to buy more cause after this, we might be able to see big jumps and to have another ATH this year. This meant that those late comers have given a chance and never have to lose this time.

maybe also daily traders who do it. because of the decreasing position after rising they certainly secured their money and started buying again when the price of bitcoin had started to rise. Isn't that natural for crypto trading, not only for bitcoin but almost all crypto trading traders will use that method.

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[target]

Today? The big dump was happened on yesterday. What if bitcoin get dump again after you bought it?

That is how it looks like. It felt like the reason for this big drop is because I bought a tiny bit of BTC from the pile of bids in the market. Does anyone ever also feel like they are the ones being watched by the exchange because the moment you bought back BTC, it also started dipping again?

[peter0425]

It is to be expected, I mean the sudden increased to $13500 doesn't look normal, that's why the price went into a correction. So let's see, others have said that this is healthy because those who wanted to get in will be buying in this deep. Good thing today is that we have regain some back at the price is above $11k now.

[coinswebid]

It is to be expected, I mean the sudden increased to $13500 doesn't look normal, that's why the price went into a correction. So let's see, others have said that this is healthy because those who wanted to get in will be buying in this deep. Good thing today is that we have regain some back at the price is above $11k now.

yep, and the market will not always rising my friend
maybe the reason why the market down now is a lot of traders take their profit, and this is normal

for the OP, don't worry, everything will be fine 

[zhekinsp]

The Crypto market will not continuously go into the same situation for long time because the cryptocurrency market is unstable so that we expect if you drop and also your future pump we need to agree everything then only we can be a investor in Crypto market.

[Lanatsa]

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Biggest drop?No it isn't yet this do only looks a typical price volatility on a normal day here on crypto market.Nosedive drops cant

really be seen on a fast phase or short time.It would be gradual to hide up some sort of manipulation because if things goes that way
then expect for popping out speculation surrounding.

[whirlcoin]

I was simply shocked about the sudden drop but after that it again continue to develop so that I do not worry a lot more about the sudden drop but it actually overcome its development again so that I will be very happy.

[akram143]

but right now it continuously getting out from that so that the ups and downs are happening every time but we need to wait for sometime to analyse what is going on then only we can clearly say what is the exact thing happened before the Drop and the increment

[pinoy.bolanon]

Everybody are aware of what really happening lately at coinbase, maybe thats the reason why it suddenly drop up to the lowest level, but it  pump and return to 11k usd+ lately, and corrections and dip are happening everywhere and at any coins or tokens or even stocks, so just learn to play from it, and buy on dip and sell on news, thats the best way as a trader to earn some profits.

[Free1bitco.in]

simple, I think because of the high increase in a short period of time, so many people held their assets up to now, then sold them when the price was high, so there was a decline after the increase. however, I think the price of bitcoin is currently stable above the price of $ 11500. this is still one of the best things.

[puremage111]

From what i read, seems like its something that is related with this CME or CBOE btc futures
People who went short actually wanted to minimize their losses on short contract so the price were pushed down

Look at the price now, it recovered
So i am slightly believe into this news tho

[Dodoymabs]

Everybody are aware of what really happening lately at coinbase, maybe thats the reason why it suddenly drop up to the lowest level, but it  pump and return to 11k usd+ lately, and corrections and dip are happening everywhere and at any coins or tokens or even stocks, so just learn to play from it, and buy on dip and sell on news, thats the best way as a trader to earn some profits.

There's a lot of factors that needs to consider when it comes to its sudden changes. The thing is, there is probably a huge dump of crypto wherein it really affect the market. In the meantime, let's just say that this will only keep on repeating and definitely those traders can take the opportunity to gained some benefits in it.

[Maslate]

Some whales are cashing, they sell to profit and that market react..

I saw this many times already in my long stay here in the crypto world, this isn't surprising and I don't think this dump is cause by real panic.
You see the price now, its' back to uptrend and bitcoin just hit $12,000 again then fall to be stable at sub $11,000.

[iMark]

We are wondering why it goes like this unexpectedly but we are all aware of how this thing possibly happens again. Yeah, it's a little worrying if it drops down hard just like it happened last 2017 and take a pause.
Let see how it change the course in a few hours from now if this is just a simple dump or going down deeply.

Actually when the price has gone up very quickly, what will happen is that many users will sell the assets they bought before, that is a good short profit for them, the price falls because the supply is too large, that's a natural thing when price increases occur, correction will always happen afterwards

[numanoid]

From what i read, seems like its something that is related with this CME or CBOE btc futures
People who went short actually wanted to minimize their losses on short contract so the price were pushed down

Look at the price now, it recovered
So i am slightly believe into this news tho

It's  still down though to $11.5k. It didn't recovered or back to $13k which happened many days ago. The reason why bitcoin was increased because of libra coin hype

[toast]

From what i read, seems like its something that is related with this CME or CBOE btc futures
People who went short actually wanted to minimize their losses on short contract so the price were pushed down

Look at the price now, it recovered
So i am slightly believe into this news tho

It's  still down though to $11.5k. It didn't recovered or back to $13k which happened many days ago. The reason why bitcoin was increased because of libra coin hype

bitcoin today is indeed quite difficult to predict. because the current state of bitcoin is very different from last year's bitcoin, where the bitcoin reached quite high. so of course it is different from now, besides the development is increasing, and of course the risk is increasing. so the increase in the price of bitcoin is indeed difficult to predict, because sometimes it rises and sometimes falls.

[LogitechMouse]

The recent correction that just happened days ago is healthy correction and the market needs it.

If the market continues to rise without any correction, it is more risky to enter in the market. Remember what happened last 2017 where what we saw at that time is continuous rise and no correction. After that what happened?? A big fall of the market. The market needs this correction now.

[bettercrypto]

The major caused of bitcoin plunged is the temporarily shut down of coinbase. However, that only affects the intraday of bitcoin. As of now, it continuously moving up. Leaving the 10300 dollars in a day is a good sign that the market is still healthy. However, I think it will take again a new correction phase because it seems that bitcoin gradually moving down.

[Nellayar]

I dont know why people wants to make a conclusion regarding this price drops even with a little dip, they want it to consider as a major issue? Bitcoin price and other alts are volatile so they should not seek for reason because the price will immediately recover.

Correct! They usually look the major drop as a trend reversal. We would never enter the reversal once we have greater support under 9k to 10k dollars. It will just be stressful if you thinking out that bitcoin may become 2k dollars when it hit 12k dollars. Why do I say this? Because I have seen several speculations regarding with cryptocurrency bearish period. It won`t be happen unless there is whales conspiracy. Do not be afraid of biggest dropped, they are just experiencing correction.

[Peterdav]

I think this is only a correction because Bitcoin and some altcoins price increase too hight. And i think this is not biggest drop, because the price of Bitcoin is still high.