Bit coin crashing ? $3,000 by noon today

[xcaret]

Is this the start of free fall ? I dont see bitcoin loosing so much in one day ever before . I'm so glad I cashed out on Friday.

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[aliman00]

hahahahahaha

worst thing is that I don't know if you are for real or if you are just a troll with a new account trying to scare noobies... but if you are for real then I suggest you take a look at previous BTC price action.

[Crusherxy85]

trolololo

[pixie85]

It lost about 5000 USD from the top. You could say it's a lot but it's not. It also lost 5000 dollars on January 4 falling from 34 to 28 thousand.
 
As a matter of fact, bitcoin could use a healthy correction.
If we were to come down to around 30 thousand and bounce back it would be much better for the long bull trend than if we continued to go up from 42 000.

[BIT-BENDER]

Good for you that you cashed out, maybe Bitcoin shouldn't be for you, investment is crashing, and rising after crash and if Bitcoin crash to nothing many people will still hold what they invested in it and much more will they hold even if a correction happens this year 2021, Bitcoin is solid for me and I have said before I don't check too much on the price because I have no double mind or doubt.

[Wysi]

Fuds have started and I am making this post just as a warning for the users to avoid reacting to such posts which predicts without any logics and moreover there has been much bigger fall which Bitcoin has survived and thrived. We might see numerous posts like this to portray Bitcoin in negative lights. Let's not create more panic by cashing out rather look into the bitcoin's in the past.

[aliman00]

Yeah, anyone who have something between their ears and just takes a look at how voilate bitcoin can be should just sit and breath out, but I do get pissed of at comments like this, not on my own behalf but on behalf of those few people who may have somewhat difficult time in real world and with pandemic and all other kind of shit souranding us... they may be struck with fomo and may have invested few bucks in hope to get lucky... then trolls like these are making them sell off ...

[Zionatin]

I wish it would crash to $3000 Image just selling 1 bitcoin then buy over 10 back!! I think people should sell half of their holdings to be safe. If bitcoin keeps going up then they accept that small loss. If bitcoin drops then they can buy back and be happy. Either way, a nice profit is made.

[A62662]

Last time it went into a bear market it dropped some 80%, there is no reason it wouldn't do the exact same thing now. Get ready for a sub 10,000 Bitcoin price at a Binance near you.

Breaking news!! It just had a slight rebound, great selling opportunity, so you get more than todays intralow before it starts it's freefall again. It kissed 35K, now at 37K.

[aliman00]

FUD !!!

Last week we saw exactly same thing happening ... 34.7k to 28k on a sunday... then week started and we ended up with 42k ... this week we dropped down to 36k so I expect by next weekend that we will hit around 50k ... History repeats.

[Rikafip]

Is this the start of free fall ? I dont see bitcoin loosing so much in one day ever before . I'm so glad I cashed out on Friday.

You must be joking, right? BTC went down few thousands and you immediately think that it's going to 3,000. With that kind of attitude I am surprised that you managed to hodl bitcoin for a few years.

Sure, big correction will happe sooner or later, as always, but I don't think that we are there yet. And even if that happens, it will be a chance to accumulate more and BTC will come stronger than before.

[Iranus]

This is the buying opportunity for all who missed the previous bull run. In current market Liquidation is too much higher then previous so stop doing trading, Just try to buy in deep before bounce back and keep patient for a several days by holding your BTC. If you attempt to do trade hourly basic then must you will loss your capital. It is better, buy a part of btc in every deep instead of doing hourly trade.

[Oilacris]

Is this the start of free fall ? I dont see bitcoin loosing so much in one day ever before . I'm so glad I cashed out on Friday.

People starts to scream out eh?





This isnt something new for this market and if you've been here for a while then -3000 movement isnt something that you would be surprised.

[lepbagong]

Is this the start of free fall ? I dont see bitcoin loosing so much in one day ever before . I'm so glad I cashed out on Friday.

not and will not happen, only your predictions and that's fair.
maybe it's the best for you but bitcoin has a long way to go. If you look at the past few months of the Bitcoin movement, of course you won't be surprised anymore. indeed it goes up and down quickly even in a matter of hours bitcoin can do more than 1K $.

bitcoin is still half way, but you have determined for yourself and it is your right because of you who has, but maybe too fast and panic and fear because bitcoin had dropped even though on the same day it rose again. don't be sorry for your actions because it is one of the decisions that have already been made.

[7788bitcoin]

Is this the start of free fall ? I dont see bitcoin loosing so much in one day ever before . I'm so glad I cashed out on Friday.

Welcome to the world of cryptocurrency, the market has seen tremendous rally in the past few months and you think a drop of $3000 is a big surprise. The market rallied a lot in the past few days and you should expect a similar crash as well as there will be many investors who invested last year looking to book their profit and these sort of 7% correction is a common theme in the bitcoin market.

[blockman]

Is this the start of free fall ? I dont see bitcoin loosing so much in one day ever before . I'm so glad I cashed out on Friday.

Fall? $3k is already a crash and fall to you? $40k before and then corrects to $37k. And just as today, $40k this morning and $37k just right now.
I don't see it as a crash, just the nature of bitcoin being volatile. And knowing where we came from, I don't consider this to be part of my worry. But if you do, buy.

[hatshepsut93]

You're what they call "weak hands". A small by Bitcoin's standards drop is enough to make you panic and start talking about free fall. If that's how you trade, then this market just is not for you, you will get rekt very quickly.

Last time we saw $3,000 levels was for a good reason - there was a panic caused by covid on all global markets. It would take something truly extraordinary to bring Bitcoin to these levels again.

[error08]

It's not categorized as a crash more into a minor correction which is normal in this bullish market. actually, the price fell $7k in a day as the highest price was $41,4 and the bottom at $38,3k but it could recover to $38,4 right now, indicate the market still persist in bull mode. Bitcoin demand during this Pandemic continues to increase mainly due to in-bulk acquisitions by institutional investors because fiat values tend to depreciate as long as the world economy does not work normally, they want to hedge value and it seems bitcoin as the good alternative.

[Mahanton]

You're what they call "weak hands". A small by Bitcoin's standards drop is enough to make you panic and start talking about free fall. If that's how you trade, then this market just is not for you, you will get rekt very quickly.

Last time we saw $3,000 levels was for a good reason - there was a panic caused by covid on all global markets. It would take something truly extraordinary to bring Bitcoin to these levels again.

You would really able to tell if there's some shaking off in the  market.Weak hands are always there and when they do bought in the peak and when the price goes down suddenly then
they do panic and sell off in loss.Looking on the price its starts to cling up again.This is just actually a normal movement in the market but people are still panicking when they
do really encounter this situation but if you've been here on this market then this wont really be surprising for you and instead of panicking then its more wise that you would
buy on the dip and make some profits later on when the price tends to recover again. 3k reduction isnt something rare on this market thats why you should really be prepared.

[zanezane]

You're what they call "weak hands". A small by Bitcoin's standards drop is enough to make you panic and start talking about free fall. If that's how you trade, then this market just is not for you, you will get rekt very quickly.

Last time we saw $3,000 levels was for a good reason - there was a panic caused by covid on all global markets. It would take something truly extraordinary to bring Bitcoin to these levels again.

I agree that 3k is not that big of a deal considering the run that is happening right now. The only time that I will panic is when the price suddenly slumped from around the 15k mark or half of the current value.