Bitcoin Went Crazy On 12/11/2019 !

[eryc_tct]

Bitcoin did a lot of craziness last past weeks and what my attention went to this last 2 days is Bitcoin pumped and dumped in an expected way what's going on with it?!
Just found out on a tweet that it does a madness, you can check out the tweet:

https://twitter.com/TechnicalCrypt1/status/1194624162800652288

Disgusting BTC making me insecure !

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[eryc_tct]

The reason behind that could be the binance system news traders chickend out maybe

[Deathwing]

December 11, 2019 (12/11/2019) hasn't happened yet?

Perhaps you mean 11/12/2019 (November 12, 2019)

Considering the text on the picture and his comment about the last 2 days, I think it was a typo and supposed to be 12th of November 2019. Not 11th of December 2019. Still, not much happened in the past few days other than a little down little up to be honest.

[pakhitheboss]

Bitcoin is known for its volatility. There nothing crazy about it. Historically Bitcoin has been more volatile than what it did on Nov 12th. If you go back and check the price of Bitcoin for the last two years, it has outperformed.

The current price of Bitcoin is $8800. If you. Heck the price in the last two years it was:

2018 12th of Nov - $6371
2017 12th of Nov - $5950.

There is an increase of  $2850 if I consider the price of 2017. Therefore everything is going in the right direction. Stay positive..

[YuginKadoya]

I didn't see anything crazy about this and perhaps Bitcoin is already doing this fluctuation thing, did you forget that Bitcoin is very volatile what if it corrected $300 USD for a pump of $150 USD I really think some enthusiast is already OK with this kind of thing with the volatileness, It is not a surprise anymore,

The sure thing that may happen and a lot and even I will pretty get shocked at will be the upcoming another all-time high next year if it's going to be because of the Halving or certain whales pumping the market of Bitcoin.

[ChrisPop]

Just regular choppy action, stop loss hunts, liquidity engineering, all that kind of stuff. However if you zoom out and look at the overview picture you will notice that we are just in a big consolidation period. Monthly is still on a more bullish posturing. You see... all the noise is on the lower timeframes because in a market with low liquidity and relatively low volume compared to the traditional markets it is very easy to "move" the price if you have deep pockets.

[eryc_tct]

Sorry it was my bad haha i meant 12 November of course !
I lost a lot on bitcoin there im giving up on this coin i think for the moment its going crazy

[franky1]

so somone tweted up 150 down 300

so up +1.7%
down to flat
down to -1.7%
i call that a normal day

try to only get emotional when things move by 20%
because the november 11th-12th was $8850-$9000-$8700
yet october 23rd to oct 25th -$7500->$9500 = over +20%

when you get a 20% rise expect it to come down. maybe not all the way but expect something
at the moment the price this weeks is settling at a $8750 level which is only $250 off the october 25th tip

so dont cry disaster until this price this month goes below $7500 which is a possible retest of the monthly low. although numbers in the $8k+ range seem to be the average expectation

if your getting emotional and giving up on BTC ovr a 2 day gamble of a 3% change.. maybe trading in any crypto is not right for you.
also you shouldntt have bought at the rise.
always buy the dip (buy low sell high)

[Pearls Before Swine]

Perhaps you mean 11/12/2019 (November 12, 2019)

I'm sure he meant the above and that he was writing the date in the european style, which I'm also not used to.

Disgusting BTC making me insecure !

You sound like you might have more invested in it than you can afford to lose if these price swings are driving you crazy.  Maybe you should reevaluate how much bitcoin you own so you can keep your sanity, because this past week hasn't been any more crazy than a lot of other times in its history.  Plus, this kind of volatility is going to be a part of bitcoin and altcoins for the foreseeable future.

I wasn't into bitcoin in the early days, but by looking at the chart I can see that those were probably the most insane times imaginable, right up until Mt. Gox crashed.  And I do vividly remember 2017 and how wild the market was then.  It was going up, so everyone was euphoric but it can also go the other way too, and just as fast.

[eryc_tct]

Bitcoin is such a unpredictable coin but sometimes it does make you happier than every shit coin there but yeah what ever bitcoin is unstable for the moment, i just have to be more carfull than i used to be , not gonna sleep on that

[eryc_tct]

Something huge will happen on 15 Nov Leaked Info maybe will pump bitcoin watch out guys

[bamboylee]

Something huge will happen on 15 Nov Leaked Info maybe will pump bitcoin watch out guys

We are always on the watch. We never know when bitcoin will make a sudden dump or pump, so being vigilant is one required if you are keeping a close watch on the price of bitcoin.

[zviadits]

Bitcoin did a lot of craziness last past weeks and what my attention went to this last 2 days is Bitcoin pumped and dumped in an expected way what's going on with it?!
Just found out on a tweet that it does a madness, you can check out the tweet:

https://twitter.com/TechnicalCrypt1/status/1194624162800652288

Disgusting BTC making me insecure !

The reason for this Bitcoin is in volatility and unfortunately it can’t be fixed.

[Yaunfitda]

Disgusting BTC making me insecure !

Lol, how long have you been in the market?

I'm assuming you are a newbie based on your account, but for those who have been in this game for so long, we have been this roller coaster ride. But it doesn't mean we panic or something, we understand how the price volatility is. Smart investors ride the wave, buy in dip and then sell when there's enough profit to make, rinse and repeat.

[CryptoBry]

Bitcoin did a lot of craziness last past weeks and what my attention went to this last 2 days is Bitcoin pumped and dumped in an expected way what's going on with it?! Just found out on a tweet that it does a madness...disgusting BTC making me insecure!

There is actually no point of being disgusted and being insecure with Bitcoin as this is a very famous attribute of this digital asset that anybody investing with it should get familiar with and understand deeply. Volatility is what keeps Bitcoin as very attractive to many traders and holders, without this volatility I don't think Bitcoin will be as popular as today, but then again volatility can also be driving many people away from it, so it can just be a give and take process.

When Bitcoin is up and increasing its price, people normally would be proclaiming so many praises on the coin calling it by so many names and descriptions that are glowing and rosy but when Bitcoin is going down abruptly people can be discouraged and even some will e selling what they are holding. This is just a manifestation of human nature and since we are all humans we can be afflicted by this roller-coaster ride of emotions.

So just relax, take a sip of tea and just enjoy your day!

[bounceback]

at the end of this week bitcoin is really crazy, but with news like that you don't need to worry because of events like this that we experienced with bitcoin like last year, I think you don't seem to understand much about bitcoin and not enough experience with this coin so it makes You are quickly frustrated and I am very confident that the price of bitcoin will go up as in 2017 which makes investors get a lot of profits in a short amount of time and makes bitcoin adopters happy again.

[pooya87]

first of all "rise and fall" is not the same thing as "pump and dump" even if the words seem to be synonyms. the former is the natural fluctuations in the market as price makes normal moves and the later is referred to manipulation when price goes up and down into fake unnatural prices.

secondly, whenever bitcoin's daily fluctuations are below 10% they are not considered "big" and when they are around 2.5 (which is the case with 12th considering the highest and lowest price) it is not even considerable enough to talk about it.

and finally your problem is because you are hanging out on twitter and reading nonsense written by those who have no idea what they are talking about.

[Eugenar]

secondly, whenever bitcoin's daily fluctuations are below 10% they are not considered "big" and when they are around 2.5 (which is the case with 12th considering the highest and lowest price) it is not even considerable enough to talk about it.

and finally your problem is because you are hanging out on twitter and reading nonsense written by those who have no idea what they are talking about.

In the first place, the source that OP has isn't as reliable as articles produced by known content creators. Second, in my opinion, I haven't experienced the big fluctuation that the OP is saying regarding the date that he provided. In this case, we should consider adding reliable sources first to our post, or indicate if the source is somehow trusted such as CEO of a big company like Binance. I can say, if there is a piece of big news to consider, we should directly look at the exchange sites to determine market prices. Honestly, Technical Crypto Trading on twitter seems just manipulating the market.

[bassbity]

Something huge will happen on 15 Nov Leaked Info maybe will pump bitcoin watch out guys

Actually what will happen on November 15th is not a problem for me even though you say there is a bitcoin leakage in the pump, in fact I often see experts predicting more than my range such as prices that will occur 15k, 20k, 30k,
If bitcoin will be pumped in the near future then I will get a big profit, if it's a dump I will take that opportunity to buy, so I'm not at all disgusted with bitcoin.

[pooya87]

secondly, whenever bitcoin's daily fluctuations are below 10% they are not considered "big" and when they are around 2.5 (which is the case with 12th considering the highest and lowest price) it is not even considerable enough to talk about it.

and finally your problem is because you are hanging out on twitter and reading nonsense written by those who have no idea what they are talking about.

In the first place, the source that OP has isn't as reliable as articles produced by known content creators. Second, in my opinion, I haven't experienced the big fluctuation that the OP is saying regarding the date that he provided. In this case, we should consider adding reliable sources first to our post, or indicate if the source is somehow trusted such as CEO of a big company like Binance. I can say, if there is a piece of big news to consider, we should directly look at the exchange sites to determine market prices. Honestly, Technical Crypto Trading on twitter seems just manipulating the market.

you don't need a source or personal experience or even a comment from a big idiot such as Binance CEO! all you needed to do was to look at the bitcoin charts to see whether what OP says is true or not. that is what i did, https://bitcoinwisdom.io/markets/bitstamp/btcusd the horizontal line is dates, just look at the date that OP is talking about. you can also change the interval from top left corner to a shorter one like 6 hours to see more details.
by the way, the bullshit on twitter is not manipulating the market, it is manipulating the newbies that follow it. the market moves on its own trend.