Bitcoin is owned!

[thenextking]

What's just happening?

[1714611202]

1714611202

[1714611202]

1714611202

[20kevin20]

Besides you writing a completely interpretable post that makes no sense, I'm not sure what is happening. Maybe put your question more into a context?

[thenextking]

Besides you writing a completely interpretable post that makes no sense, I'm not sure what is happening. Maybe put your question more into a context?

The question what's just happening to Bitcoin dumping?

[btc_angela]

When there is a rally - people complaining that the price is expensive.
When there is a dump - not gonna buy, because the price can still go down to $12k. (30% correction)

Such mentality, anyhow, it looks like the $19,500 or higher has been rejected, that's why people are selling in the last 24 hours.

[BLU]

Nothing serious, just some corrective retracement which is pretty healthy in my opininon before continuation of the bull trend. Some newbies who bought high with leverage got rekt, which is nothing new either.

Besides you writing a completely interpretable post that makes no sense, I'm not sure what is happening. Maybe put your question more into a context?

The question what's just happening to Bitcoin dumping?

[Spectr Max]

What's just happening?

what happens every 3 years

[boyptc]

Chill.

It's not owned.

Just look at the price of bitcoin several months ago and say that it's owned. 

Correction, correction. That's basic.

[mk4]

Bitcoin's up more than 2x since the beginning of 2020. And now that we're down just approximately 10% after weeks and months of price rises, suddenly Bitcoin is owned. Some things will really never change..

[Bekuciwu9]

The question what's just happening to Bitcoin dumping?

What you expected,that bitcoin will go up indefinitely forever and those that bought at lower price wont take their profit?Nothing is happening that we didnt see many times before with bitcoin and any other cryptocurrency.It has to go down a bit before it goes up again.You should see this  correction as a way to acumulate more bitcoin. People started fomoing and beliving in those 100,000 dollars predictions from big banks.
To sum it up,business as usual.

[ololajulo]

you should spend enough time here to stop making thread for every dump in price. Maybe u joined in the last 5 weeks that's how it goes here, a volatile or speculative market are not stable and can either way, up and down. Adjust your emotion to it, still down and learn to make right decision if you are planning to put your money to the space.

[Cnut237]

What's just happening?

Absolutely nothing unexpected has happened. When a price increases by a large amount very quickly, it always retraces a bit. This happens every single time, and will continue to happen in the future.

Don't just look at minute-to-minute or hour-to-hour price movement. If you do that, then you have zero context, so price movements are meaningless. Look instead at the longer-term price charts. See and understand the patterns. Relax.

[thenextking]

Ok my friends

[hulla]

When there is a rally - people complaining that the price is expensive.
When there is a dump - not gonna buy, because the price can still go down to $12k. (30% correction)

Such mentality, anyhow, it looks like the $19,500 or higher has been rejected, that's why people are selling in the last 24 hours.

That's was the habit of inexperienced cryptocurrency investors when we both know that the volatility of the market can switch to any direction and the most important thing is to seize every opportunity the market pose. The last time i checked the market was going bullish for a couple of weeks and if the market correction happens now is just to strengthen the ATH price people are thirsty for.

[Quidat]

When there is a rally - people complaining that the price is expensive.
When there is a dump - not gonna buy, because the price can still go down to $12k. (30% correction)

Such mentality, anyhow, it looks like the $19,500 or higher has been rejected, that's why people are selling in the last 24 hours.

We can conclude that people are never happy and that is true, especially when Bitcoin is involved. And there are always some conspiracy theories whether the price is high or low and it's always whales's or someone else's fault.
It's amazing how everything repeats all the time round and round.

Sometimes when i do see these kind of threads then i do have said into my mind "Here we go again". People would always have that reason in mind or do always attached
things when bitcoins price neither do go rise up and goes down but usually people do ask out reasons when bitcoins price tend to fall. Whats happening? This is just like a
typical market movement where there is sell-offs or corrections and this is the current thing we are seeing and if you are just new into this market then better deal with it
because you would see lots of this as you do get involved with crypto.If youre afraid of a falling market then this investment isnt for you.

[doomloop]

What’s happening? Well, Bitcoin’s price is getting dumped. And it’s nothing new, it happens every year; the price gets pumped and dumped. This morning it was $17,100 and just this evening it’s already down to $16,500. The same way it was getting pumped is the same way it’s getting dumped. The price went up real quick, I was surprised that we are already close to $20,000 so soon and I felt there might be a correction coming, and that’s what has happened now.

If by December the price doesn’t recover but keeps going down, then I think we will have to wait till December next year to see a price as high? Funny thing was that there were people saying that Bitcoin price will reach $387,000 by May lmfao.

[robelneo]

When there is a rally - people complaining that the price is expensive.
When there is a dump - not gonna buy, because the price can still go down to $12k. (30% correction)

Such mentality, anyhow, it looks like the $19,500 or higher has been rejected, that's why people are selling in the last 24 hours.

Some people are like that their words are very much different from their action, we don't have one consensus in any situation and that is why the market is very volatile, some people headed this way and some headed in another direction, you only make a profit when you know what the majority is heading.

[Kemarit]

When there is a rally - people complaining that the price is expensive.
When there is a dump - not gonna buy, because the price can still go down to $12k. (30% correction)

Such mentality, anyhow, it looks like the $19,500 or higher has been rejected, that's why people are selling in the last 24 hours.

Some people are like that their words are very much different from their action, we don't have one consensus in any situation and that is why the market is very volatile, some people headed this way and some headed in another direction, you only make a profit when you know what the majority is heading.

Just to update where we are heading, it's going back to $18,000 again.

So, there is no 30% correction and no $12,000 incoming. The market recovered already, alts are already in the green color led by XRP. So I guess, investors have already profited and then maybe today and tomorrow the price will gain back what it has lost during the flash crash.

So make our right decision right now, we can't be in the middle as all our aim is to make money here.

[adaseb]

Yeah its pretty funny how people are upset that BTC is only $17K now when a few weeks ago it was trending up, broke $17K and traded at $17K and people were very happy. So its the exact same price as before but people still want more and are greedy.

This is a good example why when BTC has a sharp decline its always wise to take profits shortly afterwards in the bounce. When BTC hit $20K back in Dec 2017, people wanted to sell at $20K but it never reached that point, they had multiple chances to sell at $16K but didn't want too because they wanted their $20K and instead sold at maybe $6K or $3K. Hence if BTC say goes to $100K and has a sharp drop to $50K, nobody will want to sell at $50K, they will want $100K. So it will go to like $75K peak and then start to drop and most will miss out selling at $75K because they are greedy and want $100K. However $75K just like $17K is still a great price to take profits. Be happy we are not at $7K.

[btc_angela]

When there is a rally - people complaining that the price is expensive.
When there is a dump - not gonna buy, because the price can still go down to $12k. (30% correction)

Such mentality, anyhow, it looks like the $19,500 or higher has been rejected, that's why people are selling in the last 24 hours.

We can conclude that people are never happy and that is true, especially when Bitcoin is involved. And there are always some conspiracy theories whether the price is high or low and it's always whales's or someone else's fault.
It's amazing how everything repeats all the time round and round.

And it's funny that even though is it just repeating itself round and round, people are still not learning their lessons here. So it is very important that in crypto, we don't need to panic but try to understand first what is going on instead of exaggeration that it is 'owned' or something.

Last time I checked, bitcoin is heading to $18k now, so what is our conclusion? no one is owned, bitcoin will continue the process of going into another all time high.

[sayaya17]

Let them dump a little bitcon to take advantage. There’s nothing wrong here, we’re all looking for profit. Let those who buy at the lowest price
enjoy a profit when bitcoin is bullish at $19,500. They bought back bitcoin after dump it away. Now it’s proven that bitcoin has risen slowly, look at cmc,
bitcoin now costs $18,116. We didn’t think it would recover so quickly. Yesterday’s decline was only a small coax. Be patient, bitcoin is not yet ATH.