Crypto market is plunging

[Atang Sulaeman]

increases and decreases are very common towards the end of the year. unless people who are new to crypto will definitely be very panicked, but if those who have been following crypto for a long time will definitely start to collect again or buy bitcoin or altcoin which usually increases every year towards the end

[Eddyc]

In my opinion, no, we can consider it a necessary correction to not demonstrate a bomb and dump in the current market. Thus, when studying market analysis we find a correction pattern where the greatest difficulty is to hit or predict the extreme fall. The analysis cannot always be correct because we cannot predict future events in the world.

[coinswebid]

Today all Crypto markets are starting a strong and significant price drop, a lot of top coins are falling like BTC, ETH, XRP ... there will be a price correction coming strongly, what do you think about this after the strong drop this morning.

thats mean we should think to buy more in lower price, before the up trend conitue my friend
because this is only a corrections and we don't need to be worry, everything will green again soon

[Lizzylove1]

Please allow it, it's healthy for traders. The market is giving us enough time to make calculation and take appropriate action before another good leap. If you followed 2017, you will know we are in good time.

[CuriousGeorge]

Please allow it, it's healthy for traders. The market is giving us enough time to make calculation and take appropriate action before another good leap. If you followed 2017, you will know we are in good time.

There are so many new traders are feeling panic caused by this correction. The chart looks the same with the old chart. A correction after a bullish waves and that makes sense to see that. Despite the correction and people didn't aware if they have been getting another chance to buy more coin at the cheap price. People just didn't realize it.

[Aldrinx00]

There will always be ups and down in crypto and this is a normal healthy correction. Well we need to analyze the sentiments of the market but i think it will be stable for quite sometimes, then an increase might probably start next week on weekdays.

[rahmatullah9305]

Please allow it, it's healthy for traders. The market is giving us enough time to make calculation and take appropriate action before another good leap. If you followed 2017, you will know we are in good time.

Yes, those who have seen the market and felt the profits in 2017 will certainly know about the current conditions, but everyone will still not be able to fully guess the conditions that will occur in the next month, because everything will not be exactly the same as what happened occur.

[kpierce77]

There will always be ups and down in crypto and this is a normal healthy correction. Well we need to analyze the sentiments of the market but i think it will be stable for quite sometimes, then an increase might probably start next week on weekdays.

That's right, we might start seeing positive markets again next week. I feel that what happened 2 days ago is part of a fairly normal market fluctuation, but still we shouldn't underestimate it, hopefully we all keep profit

[Galley]

The market was plummeting after its rapid growth. And this is in the order of things. The market is correcting after such shocks, one might say. Now we see again that the market is in the green sector. Let's go swing. The moment when successful traders make their fortune.

[Wayan_Pedjeng]

Today all Crypto markets are starting a strong and significant price drop, a lot of top coins are falling like BTC, ETH, XRP ... there will be a price correction coming strongly, what do you think about this after the strong drop this morning.

Do you really expect the exchange rates to go up all the time? In less than a month, the Bitcoin prices increased from $10K to $20K, and now we are under a correction phase with the prices fluctuating in the $17,500-$18,000 range. Ups and downs are a part of life in cryptocurrency market. If you can't deal with it, then probably you should not be investing in cryptocurrency.

[shoreno]

There will always be ups and down in crypto and this is a normal healthy correction. Well we need to analyze the sentiments of the market but i think it will be stable for quite sometimes, then an increase might probably start next week on weekdays.

That's right, we might start seeing positive markets again next week. I feel that what happened 2 days ago is part of a fairly normal market fluctuation, but still we shouldn't underestimate it, hopefully we all keep profit

no one under estimate the drop that happen last day because it was kinda big but also no one under estimates the ability of btc and those that top coins that were dumping because they can surely recover those amounts that have lost but im worrying about the smaller coins because they may take time again for them to achieve those ath that they reached . not all are in profit but theres that people that loose after a dump , those people that sell before the dump are lucky to secure a profit .

[Chuky92]

Whenever the market grows so high there is always a time for price drop and it is called price correction, before another growth starts, although sometimes it can be a huge dump. I guess the reason why most people are still sceptical is what happened in 2017 where the market grew so much and dumped massively, wherein no pump like this have been witnessed for long untill now. Nevertheless, we should understand that, in consideration with the good attention from platforms like PayPal and institutional investors coming into the crypto space, the price correction this time around is different and can be called a "healthy" one. So yes, the crypto market is plunging but not like before.

[target]

It quickly bounces today, it really is just a black Friday sale for anyone who wants to join. The whales are just trying to give everyone a chance to live comfortably in the future. Although $16000 is still very pricey the altcoins are good investments for anyone who can't afford BTC. The Crypto market isn't as harsh as I thought after all. I noticed it too that altcoins didn't plunge too deep compare to BTC.

[trauchot]

There was a slight correction of the cryptocurrency market and many cryptocurrencies fell slightly in price, but it is already clear that almost all cryptocurrencies have recovered and it looks like another growth is expected, so I do not think that another correction of cryptocurrencies is expected this year, most likely now cryptocurrencies will start to reach new heights.

[mersal]

Today all Crypto markets are starting a strong and significant price drop, a lot of top coins are falling like BTC, ETH, XRP ... there will be a price correction coming strongly, what do you think about this after the strong drop this morning.

Price correction exists for short term so no need to worry about if you beleive that the prices are dropping due to correction phase. Today the prices started to surge and bitcoin is nearing 18K again so its a good sign that we are still in the bullish trend which may get more stronger if we hit new all time high.

[kasakola]

I think controlling the market by buying and selling. But now the reason for being a market pump is btc 18 k so everyone is just holding this btc. But when there is no more time to pump it, then everyone will be interested in buying other tokens and at the same time all the coins will start pumping.

[firmino10]

I guess this is only a correction on the grounds that crypto market was ascending too high as of late.
As should be obvious, bitcoin nearly arrive at 2017 All time high, hardly any days prior it was around $19k+
The market correction is needed, a few people need to sell their coins in light of the fact that the current price are higher than their buying price.

[mnporter2001]

There was a slight correction of the cryptocurrency market and many cryptocurrencies fell slightly in price, but it is already clear that almost all cryptocurrencies have recovered and it looks like another growth is expected, so I do not think that another correction of cryptocurrencies is expected this year, most likely now cryptocurrencies will start to reach new heights.

I can't think as optimistic as you are when Bitcoin's price data plummeted in the last days of the year. So I don't think this is just a correction, it is a sign of bearish trend in the coming days. Maybe this year 2020 was really lost by Covid 19, everything will collapse if the general economy collapses into hyperinflation. We'd best not be greedy now, stay calm and don't all in now.

[Teraboy]

bitcoin movement starts today and will show a rebound. I think the price of bitcoin will touch the point of $18000 until the end of the year it will increase slowly.

That's predicted by a lot of experts and the correction will be a short term correction consider the sentiment of bitcoin market is a very good due to the so many bullish news have come to the market since a few days ago. People didn't know if the correction will always become the best time to buy some bitcoin. 18k will be a very easy rate to be achieved by bitcoin.
The bitcoin already expected to surpass 20k rate before the end of this year.

[Argoo]

bitcoin movement starts today and will show a rebound. I think the price of bitcoin will touch the point of $18000 until the end of the year it will increase slowly.

That's predicted by a lot of experts and the correction will be a short term correction consider the sentiment of bitcoin market is a very good due to the so many bullish news have come to the market since a few days ago. People didn't know if the correction will always become the best time to buy some bitcoin. 18k will be a very easy rate to be achieved by bitcoin.
The bitcoin already expected to surpass 20k rate before the end of this year.

Yes, this has already been confirmed.  The correction actually began on November 26, and the next day the prices almost stabilized, and now, three days later, we already see the slow growth of the cryptocurrency market again.  Bitcoin is now priced at $ 17,791 and ethereum at $ 540.  In a few more days, the cryptocurrency will again recover in the same price values ​​that it had before the start of this correction.  By the end of the year, it will still be able to rise significantly, as we expect.