sudden drop in BTC?

[natalia stark]

In the present days the BTC market is going down and there is some fluctuation in the price but that is just to test the patience of the traders and the investors because when the big fishes wants to invest the price just go down and they buy the BTC at low price and when the market recover itself and come to the original state then they just dump the coin and make a heavy profit.

I would suggest that you keep a strong patience and set tight. Market will recover itself.

Do you think that i am right?  Go ahead and share you thoughts about the current market situation and your point of view.

[DaMut]

Everything you say is correct but other than that we need to understand our capabilities. Yes, the market will recover in the future, the problem here is. For how long?
can you afford to hold it at least let say a year? if you can afford to hold it, then why not? how about them who can not afford to hold it at least a few months?
even if you have a lot of patience, you can not deny the fact that you need money to pay your bills and needs. That is why, before holding it and commit ourselves into it.
we need to understand the consequences and know how to do if the worst comes.

[ovcijisir]

There will always be market fluctuations and manipulations. Traders and hodlers must get used to them to avoid getting trapped in selling and buying too early. Keep your cool and try not to stress yourself too much.

[Barracuda]

I'm not surprised by the decline in Bitcoin and other altcoins. This is purely a true crypto market. Anything can happen in this field, so when as before decline occurs. So that's where you take advantage of the situation to invest, but this is full of risk. If you can't, then don't do it and look for another way.

[quierx16]

Do you even understand how the market move and really think that the price just go down when big investors want to but bitcoin?

Keep in mind that the market moves depending on every trade.

[ansi]

Bitcoin made great rally in couple months from 3k to almost 14k ($13500) which is more than great actually some people still disillusion about astronomical number of 30k, 50k, 100k,... This is not gonna happen any sooner man.

BTC need to settle down, test some strong support areas to build up a strong foot before starting the next wave.
Markets, any financial market, needs patience man, that's what most Lambo Kids lack.

[gunhell16]

One thing is sure for me, EVery big rise in the price of Bitcoin has its slides before it happens.
This is always on the graph for many long years. that is why i love the fall that just happened and i bought some BTC to hold.
50% profit is not a bad idea and it is easy to achieve from 8.1K bought to 12.3K sell. that is a plan for me.

[ajqjjj]

Do you even understand how the market move and really think that the price just go down when big investors want to but bitcoin?

Keep in mind that the market moves depending on every trade.

Market is not only depends on every trade, Because once you trade it will move trading sites and finally it was hold wallets. But traders are maximum holding the trading sites and every situation they monitor the market and move to best platform. Many rumours are spread in this forum so we don't believe any other thoughts because clear situation is prove the further pumps and dump.

[Vispilio]

It was a pure price action breakout, BTC got stuck around 10k USD in a tight range for over a few weeks.

In a highly volatile asset class, a breakout after such a tight channel is very likely in either direction; there is also some short term

manipulative pressure on the price by some big actors to collect it cheaper for the upcoming 2020 year for which the outlook is very bullish.

[Red-Apple]

now you are too late. the bitcoin market is not going down. it went down already a couple of days ago and it has been over ever since. price is now consolidating and rising a bit even with the current price being $600 higher than the bottom that was reached.

it was a good thing though because it helped speed up the altcoin dumps and also provided a good opportunity to buy bitcoin cheaper.

[tsaroz]

Rapid changes over 20% are common for crypto markets. Bitcoin and other cryptos have always been very much unpredictable.
The bitcoin was stable around 10K for some time and the rapid 20% fall made many of the investors panic but what we shouldn't forget is the first two quater average of bitcoin was much lower than 8K and it was a long pending correction. I'd call any price below 8K a call for bitcoin at the moment.

[tenakha]

In the present days the BTC market is going down and there is some fluctuation in the price but that is just to test the patience of the traders and the investors because when the big fishes wants to invest the price just go down and they buy the BTC at low price and when the market recover itself and come to the original state then they just dump the coin and make a heavy profit.

I would suggest that you keep a strong patience and set tight. Market will recover itself.

Do you think that i am right?  Go ahead and share you thoughts about the current market situation and your point of view.

Forget about the big fishes, just relate market prices with other things. If they are so scary, we should not trade. The price will surely come back one day and I aslo think that it will happen quickly. If you agree with me, start collecting from cheap rates, if you was late you already lost $500. IMO leave the uncertainties on the edge, trade on your own knowledge.

[rocku12345]

In the present days the BTC market is going down and there is some fluctuation in the price but that is just to test the patience of the traders and the investors because when the big fishes wants to invest the price just go down and they buy the BTC at low price and when the market recover itself and come to the original state then they just dump the coin and make a heavy profit.

I would suggest that you keep a strong patience and set tight. Market will recover itself.

Do you think that i am right?  Go ahead and share you thoughts about the current market situation and your point of view.

Forget about the big fishes, just relate market prices with other things. If they are so scary, we should not trade. The price will surely come back one day and I aslo think that it will happen quickly. If you agree with me, start collecting from cheap rates, if you was late you already lost $500. IMO leave the uncertainties on the edge, trade on your own knowledge.

Which things to relate ? Big fishes are doing valuable capitalization and daily trading turnover as well. It is a good idea to follow some alerts and crypto movements from big financial whales. There are a lot of Telegram channels with such information today, but you should be like a fox in the forest to see that important signal   
As for me, it is just an another pump and dump of bitcoin, we may see real rally just in winter, because of approaching reward halving.

[ethereumhunter]

Do you think that i am right?  Go ahead and share you thoughts about the current market situation and your point of view.

Yes, you are right. There is nothing to worry about, and the price will be back soon. All you need to do is patient and wait for the recovery. If bitcoin is down, that will be your chance to buy bitcoin although you already have bitcoin in your wallet. As long as you can buy bitcoin at a low price, you will see your profit will become bigger once the price increases. Today, the bitcoin price started to increase again after the price was down for a moment. I think it could still grow in this week so we can wish that will happen soon.

[Republikcoin.com]

if this price reduction is only to test patience, I think it is very successful. I'm sure, when the price of bitcoin fell to $ 7,000 to $ 8,000 a few days ago, it made some people sell their assets. for myself, so far I have continued to hold the coins that I have, but due to falling prices that occur, I can not stop to check the price of morning and night. Well, this is really hard, but I will be patient in this matter.

[coin-investor]

In the present days the BTC market is going down and there is some fluctuation in the price but that is just to test the patience of the traders and the investors because when the big fishes wants to invest the price just go down and they buy the BTC at low price and when the market recover itself and come to the original state then they just dump the coin and make a heavy profit.

I would suggest that you keep a strong patience and set tight. Market will recover itself.

Do you think that i am right?  Go ahead and share you thoughts about the current market situation and your point of view.

We are all in a wait and see mode and majority are hoping, the price is still in limbo it's been months since we are trading at these current level
all hope fro another all-time high is not going to happen this is just my opinion I hope I'm wrong, people are predicting that 2019 is going to be a great year after the bad performance of the market in 2018, guess we'll just have to wait for something great to happen next year.

[Decracy]

In the present days the BTC market is going down and there is some fluctuation in the price but that is just to test the patience of the traders and the investors because when the big fishes wants to invest the price just go down and they buy the BTC at low price and when the market recover itself and come to the original state then they just dump the coin and make a heavy profit.

I would suggest that you keep a strong patience and set tight. Market will recover itself.

Do you think that i am right?  Go ahead and share you thoughts about the current market situation and your point of view.

Great, leveled insight. You sound like one who's experienced in the field of digital currency. Good for you. With my having experienced countless waves of Bitcoin-Altcoin market trends, I also express these being times that are considered normal, the market following the continual long-term growth trend. As a user, the most valuable choice to make is to be patient. It will allow you to see everything take place before your eyes.

-Jan

[Lantind]

In the present days the BTC market is going down and there is some fluctuation in the price but that is just to test the patience of the traders and the investors because when the big fishes wants to invest the price just go down and they buy the BTC at low price and when the market recover itself and come to the original state then they just dump the coin and make a heavy profit.

I would suggest that you keep a strong patience and set tight. Market will recover itself.

Do you think that i am right?  Go ahead and share you thoughts about the current market situation and your point of view.

Everyone has a different view of the bitcoin market, but in general view, everyone says the same thing, be patient in dealing with market situations it has to be, but what we have to understand is that the market will not recover by itself, if there is no cause and effect that happens in the market, so traders and investors greatly affect the current situation of the bitcoin market recovery.

[lunnatic]

It is just another end of month, probably associated with some other events like the transference of some billions in BTC that could cause a huge drop if dumped on the exchanges. The prices should start to recover in the very next days. I think another fall is unlikely, at least until the end of this month, but still to higher prices than today, in my opinion.

some experts predict bitcoin will fall at least at the level of $ 7,000, and that makes us worried,
but there are other experts who have a prediction that BTC will go up to $ 9,000

[blckhawk]

In the present days the BTC market is going down and there is some fluctuation in the price but that is just to test the patience of the traders and the investors because when the big fishes wants to invest the price just go down and they buy the BTC at low price and when the market recover itself and come to the original state then they just dump the coin and make a heavy profit.

I would suggest that you keep a strong patience and set tight. Market will recover itself.

Do you think that i am right?  Go ahead and share you thoughts about the current market situation and your point of view.

Recent drop in prices of Bitcoin and other altcoins are generally sell-offs of holders of those coins. News suggests these drops are caused by the 40% drop in hash rate of Bitcoin, which is what some websites have reported. This hash rate somewhat determines the security of the blockchain. Of course, panic selling is part of these news and that's what we see today. Still be optimistic as the price of Bitcoin stabilized to around 8.2k USD and maybe it would reach the point of return to its uptrend.