btc dump today and yesterday

[Zertoshi]

Only the individual investors are selling their coins. Institutions are holding to their coins and some of them are making new purchases. When Tesla releases it's next statement, you will get to know how many coins they accumulated during February 2021. Obviously some of the individual investors are booking profit, but there are also a lot who are doing panic selling right now. I don't understand these people. Even after 12 years, don't they know that panic selling is the single most curse in Bitcoin sector?

Well perhaps Tesla is selling too? They want to make a $ profit from their BTC investment...

[1715379440]

1715379440

[Ronyah]

Even crypto market getting wider but btc get dumping😅. A lot trader entered in crypto market. But I think those Who's are Opportunity seeker they r just selling their profit and wanna made an early profit. But it seems to be they r not seen the future of btc. Even coinbase news not seems any affect on market. Maybe btc will made an correction between 41.8k - 42k.  If breakout fallen down then theirs a strong support in 35k. 
I hope btc Won't breakdown 41.8k support zone🙂. After that new entry will be taken.  And I hope so btc will around 70k +

[Noctis Connor]

what  is behind the dump which is in progress last couple days ?
I know its volatility , but comparing to last couple months its quite bigger 
Cheers

I don't know what is the cause of the price being dump that fast but isn't normal maybe the bullish isn't finish to fix the price correction and after that i think it would be a panic buying and everything will be back into normal , or maybe those companies who already invest and sold their coins when they get their profit goal like in short term investment and we know that for sure because no one in single person who has a lot of bitcoin unless you are Nakamoto lastly maybe the individual investors who had panic selling because they knew this is coming thou.

[Zertoshi]

Just hold more and more bitcoin in your bitcoin

How do I do that?

[androyster]

The current downturn in bitcoin is terrible, I lost 50% of my capital because of this drop.  I hope this ends soon and I can make up for my losses and earn again.  i hope bitcoin will go to $ 60k.  maybe today is the last day bitcoin experienced correction and will continue to rise upward.

Buy low.  Sell High.  It's a pretty simple equation.

[Traderbtcc]

what  is behind the dump which is in progress last couple days ?
I know its volatility , but comparing to last couple months its quite bigger 
Cheers

It's a financial market, there will always be days where the market will dump it can't just keep pumping, after a huge pump like that a correction was always going to happen, although some people believe it dipped because Elon Musk said bitcoin was kind of over priced, that was what led to this huge $13k dip, but no point panic selling  cause bitcoin will definitely recover from this dip, the bull isn't over yet, I would advice you still hold on to your bitcoins,$100k is still possible this year.

[dimonstration]

The current downturn in bitcoin is terrible, I lost 50% of my capital because of this drop.  I hope this ends soon and I can make up for my losses and earn again.  i hope bitcoin will go to $ 60k.  maybe today is the last day bitcoin experienced correction and will continue to rise upward.

Your not in lose yet unless you sell it already. Just keep holding till the price recovers. This correction is normal especially in the market we're there are fuds, news and even tweets affecting the price. It can be a good time to buy more to hold since correction is needed to keep the market active and as there are still people wanting to enter at lower price.

[Hippocrypto]

what  is behind the dump which is in progress last couple days ?
I know its volatility , but comparing to last couple months its quite bigger 
Cheers

This current situation that we were facing, has come to a point of breaking resistance which eventually going to pull down market price. Corrections always tend to crash the value with huge percentage from previous pumps, and that's already a history of bitcoin. Since the involvement of every individual's emotion would affect, particular with different speculations that could be heard on different forums and social media posts.

[coolcoinz]

No. Its normal.

https://i.imgur.com/NSknght.png

5 market corrections during 2017 bubble was all 30-40%. We are now only 20% short from ATH. It is very likely that bitcoin will dump even to 35k before finding strong support.

Bitcoin needed strong dump. Weak volume during 50-57k rally already indicated that we will not go far higher without a little of panic.

There is a strong support between 40k and 42k. It's not like Bitcoin was looking for anything. There were 2 most likely scenarios. A drop to 47k followed by a continuation or a drop to 40k with a continuation. Without bearish news we won't go lower. Now it's either a dead cat bounce or a continuation of the bull market. Either way, we're going to go up this week.

[sayaya17]

I think bitcoin has a lot of powerful support that makes it rally up to $57k. And it's natural to now experiencing a correction, even if it reaches a low of $40k
because they need to throw in for their respective profits. But it is not to worry if we as bitcoin holders, because quickly the price will recover. Isn't it at that
correct price it is good to buy before flying to $60k

[Peanutswar]

Having downtime on the market is just quite normal if we experience having a bull run and a continuous uptrend for 3 consecutive days or even 1 week of the uptrend, of course, there is a chance that it may drop for some days we called those surge buying as overbought which the people buy and buy because they if Fear of missing out (FOMO) as possible they want to grab the opportunity to earn a lot and ride to the market volatility. Expect this time that the bitcoin requires big support to handle its road to 60k price.

[Sithara007]

I think bitcoin has a lot of powerful support that makes it rally up to $57k. And it's natural to now experiencing a correction, even if it reaches a low of $40k
because they need to throw in for their respective profits. But it is not to worry if we as bitcoin holders, because quickly the price will recover. Isn't it at that
correct price it is good to buy before flying to $60k

Corrections are normal with Bitcoin. Even so far this year, we had another correction in January when the prices declined from $41,000 to $31,000 as a result of profit booking. This time also it looks the same. The prices went down from $58,000 to $43,000. But this is not going to last long. Institutions are continuing to mop up the coins at the market and the prices will recover soon. I am not expecting many roadblocks to the journey towards $100,000.

[josgandosbro]

Bitcoin price is not easy to guess. Bitcoin is any time to up and down. If need more information check the market place graph and easy to guess the price. Then plan to work out the Bitcoin. It any time to hit the price. So wait and hold the Bitcoin long time and wait for the price up. Bitcoin is future saving coin. So don't loss it.

[Inkdatar]

Bitcoin price is not easy to guess. Bitcoin is any time to up and down. If need more information check the market place graph and easy to guess the price. Then plan to work out the Bitcoin. It any time to hit the price. So wait and hold the Bitcoin long time and wait for the price up. Bitcoin is future saving coin. So don't loss it.

Those strong hands are earning huge profit already at this current price. Bitcoin price had a normal corrections that some also sell off to gain profit which is good for those who wants to enter to buy at the low price. It is not easy to guess indeed but it is best to always have plan when to sell your asset as the price may increase in the coming months.

[mezzaluna]

what  is behind the dump which is in progress last couple days ?
I know its volatility , but comparing to last couple months its quite bigger 
Cheers

The dump was bound to happen even though we are not expecting the bull run to end this early. Its healthy for the economy this way because this can be called as the moment in which Bitcoin's value can rest at an value where it will be stable for a long time. Its still better than its value for the past years and the surge of users really increased. This dump can also be like a reset for a lot of users because some users really worked hard to really join this bull run and profit from it.

[molsewid]

Bitcoin price is not easy to guess. Bitcoin is any time to up and down. If need more information check the market place graph and easy to guess the price. Then plan to work out the Bitcoin. It any time to hit the price. So wait and hold the Bitcoin long time and wait for the price up. Bitcoin is future saving coin. So don't loss it.

Those strong hands are earning huge profit already at this current price. Bitcoin price had a normal corrections that some also sell off to gain profit which is good for those who wants to enter to buy at the low price. It is not easy to guess indeed but it is best to always have plan when to sell your asset as the price may increase in the coming months.

Their patience has a good outcome in the next few days , our market is recovering we are having a green market now, I think with this week we will slowly go up to $50,000 again and it will be good if we will reach $60000 , so I suggest to hodl more so we can earn more, if we reachh 60k I think it will have a sideways and price will be stable as our stock market and our economy are recovering as well.

[Sled]

Bitcoin price is not easy to guess. Bitcoin is any time to up and down. If need more information check the market place graph and easy to guess the price. Then plan to work out the Bitcoin. It any time to hit the price. So wait and hold the Bitcoin long time and wait for the price up. Bitcoin is future saving coin. So don't loss it.

Those strong hands are earning huge profit already at this current price. Bitcoin price had a normal corrections that some also sell off to gain profit which is good for those who wants to enter to buy at the low price. It is not easy to guess indeed but it is best to always have plan when to sell your asset as the price may increase in the coming months.

Their patience has a good outcome in the next few days , our market is recovering we are having a green market now, I think with this week we will slowly go up to $50,000 again and it will be good if we will reach $60000 , so I suggest to hodl more so we can earn more, if we reachh 60k I think it will have a sideways and price will be stable as our stock market and our economy are recovering as well.

That would be a healthy correction if bitcoin will be able to break $60,000 in this bounce back that is happening now. If bitcoin will be able to break $50k, then I guess the run will start at that area, but if not, I'm afraid will go back and dump again, it could be a bull trap also, so please be careful in riding.

[Yamifoud]

Bitcoin price is not easy to guess. Bitcoin is any time to up and down. If need more information check the market place graph and easy to guess the price. Then plan to work out the Bitcoin. It any time to hit the price. So wait and hold the Bitcoin long time and wait for the price up. Bitcoin is future saving coin. So don't loss it.

We never lose if we never sell.
I don't think we realy need to panic, corrections will comes anyway. If we care about that and think always, that only drives us to think negatively and bring the situation to the worse. If we decided to sell yesterday, it was a big mistake and a mess-up since the price moving back high again. That is how we are encouraged to hold than selling if the market just slips off for while coz it absolutely will coming back strong.

[jjdub7]

what  is behind the dump which is in progress last couple days ?
I know its volatility , but comparing to last couple months its quite bigger 
Cheers

The price of BTC reported a slight decline over the weekend before rebounding again over $ 47,000.
Some analysts say more miners have started selling, leading to a recent drop.
Last March, Bitcoin collapsed in price before regaining its value for the year.

[Tahsin Kabir Kollol]

It is a common thing that the price of bitcoin will go down even a little bit after reaching a certain height. Again this could be a big kind of price drop. But the idea that most Bitcoin users have in mind at the moment is a common one. Many of you had a similar idea after Bitcoin broke its previous all-time high. Even when the price of bitcoins exceeded $30k and $40k, many people thought that the price of bitcoins would go down now. Bitcoin will continue to grow as the price of the bitcoin rises and falls and traders will continue to trade as they see fit.