The indices that makes bitcoin price

[Pulsar77]

It is true that sometimes whales are really responsible for a big dump in Bitcoin price. But the recent dump didn't stem from this I think. It was about the high volatility of Bitcoin, nothing more than that. Some people think that US government issued a warning to El Salvador because of their making Bitcoin legal tender. And that's why the price went down very sharply. But I disagree with those people about that the reason could be this.

[1714719883]

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[1714719883]

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[Roidz]

It is true that sometimes whales are really responsible for a big dump in Bitcoin price. But the recent dump didn't stem from this I think. It was about the high volatility of Bitcoin, nothing more than that. Some people think that US government issued a warning to El Salvador because of their making Bitcoin legal tender. And that's why the price went down very sharply. But I disagree with those people about that the reason could be this.

I think the whales also have strategies in their trading just like we do, I think the whales also want big returns on their investments, I agree with what you are saying, because it is precisely now that America seems to be starting to try to kill the development of bitcoin by continuing make strict regulators and also they continue to increase their supervision of the movement of crypto currencies which are considered quite wild, speculative, and continue to pressure other countries that are starting to try to adopt bitcoin as El Salvador did.

[XCANA]

i have follow the bitcoin chart movement for some time now and have discovered that the market is highly unpredictable, with the sudden crash of the price from 52,000 to 46k this have relieved the fact activities of certain individuals or whales are always responsible for such crash. what is your opinion on this?

It must not necessarily be the activities of whales that is responsible for for the decline in the market price of Bitcoin but a holistic of individual traders who has taken profit that do make the price of Bitcoin to drop drastically. And I wonder why some of you will not complain anytime Bitcoin market value appreciate upward.

[South Park]

i have follow the bitcoin chart movement for some time now and have discovered that the market is highly unpredictable, with the sudden crash of the price from 52,000 to 46k this have relieved the fact activities of certain individuals or whales are always responsible for such crash. what is your opinion on this?

Markets by nature have to be unpredictable, if you could predict what it will happen all the time then you will end up with all the money in that market given enough time, and since that has not happened then the only logical conclusion that we can make is that the markets are unpredictable, that doesn't mean that you can not have a certain idea what they are going to do during the next weeks or months, and you can even make money by trading the markets, but you simply have to get used to this unpredictability and the fact that from time to time investors that have large quantities of coins can manipulate the market if they want.

[Hippocrypto]

What's happening after reaching $52k, was a mere corrections that gives opportunity to new investors as well as long time holders. It's indeed, undeniable that panic seller was presently taking profit from their capitals and we just need to accumulate our holdings while downturn was happening. Don't be panic on this situation, because price won't go into dip below $40k until such time chances for second ATH will commence.

[RILWAN]

What's happening after reaching $52k, was a mere corrections that gives opportunity to new investors as well as long time holders. It's indeed, undeniable that panic seller was presently taking profit from their capitals and we just need to accumulate our holdings while downturn was happening. Don't be panic on this situation, because price won't go into dip below $40k until such time chances for second ATH will commence.

I know the fall hard giving investors another opportunity to buy the deep, which is why the whales are constantly manipulating the market to take advantage of the weak hands who are always panic selling.

[STT]

Bitcoin has some relation to main market index like SP500 in that both are speculative  and reacting to weak currency but there is no direct link apart from Bitcoin being traded by some of the same people.   If SP500 goes down it requires leverage coverage which might mean people close out their BTC leveraged position to cover the SP500.     This is true in general the more an asset is seen as outside the norm or most conservative assets, the greater the volatility and pullback it may experience at times.

[rincoeng1986]

i have follow the bitcoin chart movement for some time now and have discovered that the market is highly unpredictable, with the sudden crash of the price from 52,000 to 46k this have relieved the fact activities of certain individuals or whales are always responsible for such crash. what is your opinion on this?

I can't give an accurate answer, but I can give a statement according to my views on your question. the fact that today bitcoin is in a period of weakness after yesterday's sudden correction from $ 52k down to $ 46k. the correction took investors by surprise, although not too severe but could make investors less confident to survive. but recovery mode is in progress in these two days.

[el kaka22]

Leverage is the only way you could make a proper amount of money if you are a whale. I mean buying bitcoin is still a good investment but it doesn't have that huge volatility in billions for a single investor, even if they are whales it is unlikely, there are 5-10 places/people that may have 1+ billion dollar change (up or down) but at the end of the day we are talking about something that is quite rare because regular investments do not have that kind of change.

So at the end of the day, leverage makes it worthwhile to make that kind of trades, it allows you to make a lot more changes in the quicker term with billions because it could yield huge returns from huge movements with 100x or even as high as 150x leverages.

[Rimueng]

i have follow the bitcoin chart movement for some time now and have discovered that the market is highly unpredictable, with the sudden crash of the price from 52,000 to 46k this have relieved the fact activities of certain individuals or whales are always responsible for such crash. what is your opinion on this?

Of course, one of the factors that make the price of bitcoin go up and down is the act of whales. But I think the bitcoin price will show some strength again. This can be seen from the significant number of bitcoins leaving the exchange. Therefore the price of bitcoin will soon return to the $48k to $50k area later this month.

[Slow death]

i have follow the bitcoin chart movement for some time now and have discovered that the market is highly unpredictable

since years this market has always been that way, there were years when panic sales were worse than today

with the sudden crash of the price from 52,000 to 46k this have relieved the fact activities of certain individuals or whales are always responsible for such crash. what is your opinion on this?

we have to look at the market and realize that if the price today is $43000 and tomorrow it is $50,000 then people who bought in the $43000 will eventually sell and the price will drop to $43000 or less. will always have many buyers or many sellers

[darkangelosme]

i have follow the bitcoin chart movement for some time now and have discovered that the market is highly unpredictable, with the sudden crash of the price from 52,000 to 46k this have relieved the fact activities of certain individuals or whales are always responsible for such crash. what is your opinion on this?

Yes dude you're right there is some people who are manipulating Bitcoin or even any other cryptocurrencies, whales is i think also responsible for spreading FUD to people especially those who are in in cryptocurrencies like us, it us up to you on how you deal that FUD and being controlled by someone or what we call big whales.

[Spack17]

The reason of that big dump could really be the whales in this market. Because they were HODLing Bitcoin for some time. And after seeing the price increasing really a lot, maybe they decided to sell a huge amount of Bitcoin. And it caused a big dump in a very short time period. Or it is not related to them and it is just about the volatility. I guess we will never know it certainly.

[rahmatrf331]

i have follow the bitcoin chart movement for some time now and have discovered that the market is highly unpredictable, with the sudden crash of the price from 52,000 to 46k this have relieved the fact activities of certain individuals or whales are always responsible for such crash. what is your opinion on this?

Yes dude you're right there is some people who are manipulating Bitcoin or even any other cryptocurrencies, whales is i think also responsible for spreading FUD to people especially those who are in in cryptocurrencies like us, it us up to you on how you deal that FUD and being controlled by someone or what we call big whales.

we can not return the time that has been wasted, where when the price has reached its maximum yesterday at the highest price of $ 52k and you don't take profits and stay focused on waiting for the highest price again, then now it's too late. The best solution is waiting and patiently in the next session.

[jostorres]

i have follow the bitcoin chart movement for some time now and have discovered that the market is highly unpredictable, with the sudden crash of the price from 52,000 to 46k this have relieved the fact activities of certain individuals or whales are always responsible for such crash. what is your opinion on this?

Yes dude you're right there is some people who are manipulating Bitcoin or even any other cryptocurrencies, whales is i think also responsible for spreading FUD to people especially those who are in in cryptocurrencies like us, it us up to you on how you deal that FUD and being controlled by someone or what we call big whales.

Manipulating the market has always been a thing. After a while you get used to it and it doesn't bother you like it used to bother me. It gets boring even, because I know that the price should be a lot higher and at this point it is a discount, I know that it could go down even more, and buying right now means you missed out on buying a lot earlier, and that is understandable.

However, it is not a problem for me since I am a long term investor and as long as I end up buying at lower than what it could be, then I am buying an undervalued asset and that is a great investment at any time. It could get a lot more undervalued, but there is a good case that when the bull run starts it could become an overvalued asset as well. So, just keep on grinding and do not care about all those manipulations made by whales.

[South Park]

Leverage is the only way you could make a proper amount of money if you are a whale. I mean buying bitcoin is still a good investment but it doesn't have that huge volatility in billions for a single investor, even if they are whales it is unlikely, there are 5-10 places/people that may have 1+ billion dollar change (up or down) but at the end of the day we are talking about something that is quite rare because regular investments do not have that kind of change.

So at the end of the day, leverage makes it worthwhile to make that kind of trades, it allows you to make a lot more changes in the quicker term with billions because it could yield huge returns from huge movements with 100x or even as high as 150x leverages.

A whale using leverage makes sense as they are already big and they can artificially increase their size many times over and move the market in the way they want by using leverage so you are right there, but your average trader should not use leverage, and this is because they do not have that kind of capital that can move the market on their own, which means they are at the mercy of the markets, and while leverage can help you to make more profits at the same time we know it will increase your chances of suffering massive losses as well.

[Wawa2013]

i have follow the bitcoin chart movement for some time now and have discovered that the market is highly unpredictable, with the sudden crash of the price from 52,000 to 46k this have relieved the fact activities of certain individuals or whales are always responsible for such crash. what is your opinion on this?

Yes dude you're right there is some people who are manipulating Bitcoin or even any other cryptocurrencies, whales is i think also responsible for spreading FUD to people especially those who are in in cryptocurrencies like us, it us up to you on how you deal that FUD and being controlled by someone or what we call big whales.

we can not return the time that has been wasted, where when the price has reached its maximum yesterday at the highest price of $ 52k and you don't take profits and stay focused on waiting for the highest price again, then now it's too late. The best solution is waiting and patiently in the next session.

We really won't be able to go back in time, if we miss the opportunity to sell Bitcoin when it reaches the price of $52k. We can do nothing but
be patient and wait for the Bitcoin price to rise again. There's no need to worry, if we look at the history of the movement of Bitcoin. We will know
how deep Bitcoin is going down, it will always come back up again, there is even a possibility of going even higher. Make what is happening now,
be a lesson for us, if we have a profit, immediately sell the Bitcoin that we have. Don't be too greedy and end up delaying selling the Bitcoins that
we have, thus eliminating the opportunity to make a profit.

[StreakW]

In the last week, bitcoin experienced strong selling pressure, forcing it to drop from $52,000 to $45,000. the $45,000 figure means that when the chart hits the ratio there will be a reversal. However, until now bitcoin is still experiencing a correction where the bitcoin price has touched the level of $41k. This also makes alternative coins such as ETH, BNB, etc. also experience a decline. Bitcoin's current position is starting to touch the lowest support point and has shown a decline of 12%.

[bots1]

After continuing some strong uptrends over the past few weeks, Bitcoin appears to be experiencing a strong decline in price now. It's not clear if this trajectory will hold, but given that the famous golden cross has appeared, the market may be on the bearish.

[asrinur]

Do not be surprised when you see bitcoin drops huge because we've been seeing it pump very fast and the counterpart and equal and balance reaction of it should also be that huge when it drops.

The very good thing about this is that we've seen the drop as soon as possible because if we're still not seeing it yet come. A bigger drop might occur because that's the typical movement of bitcoin when it goes up.

I think the highest deep in Bitcoin price has already happened when Bitcoin crashed from above 52k to 45k last week Tuesday; I believe the rest of the month will be more of a recovery phase for Bitcoin.

I see bitcoin's downward trend is still not over. Bitcoin will still fall deeper from its current position. Therefore, the price of bitcoin will slowly fall and will form a dead cat bounce until early next month. I suggest that if you want to invest, it is better to use money that is ready to be lost or funds that are not used for daily needs. You also have to understand that behind a big profit opportunity, there is always a big risk.