Crypto dip today

[Oneandpure]

Will be today the last day for bitcoin and altcoin price dip? I am not patient when got chance to entry last night before bitcoin crash coming, maybe if waiting about one or two hours  I will get bigger and gold moment to buy altcoin on dip price. Most disappointed to early entry with alpaca coin before price crash after bitcoin dump, maybe waiting again when bitcoin break out to get my altcoin assets back to higher price.

[Cling18]

As expected 10-15% dip happened to almost all coins.Im surprised to see XRP 15% dip, but only 10%.
How far will it go down ?

This happens yearly and I see no problem with it. It's actually a good opportunity for those who are waiting for the dip for them to buy and accumulate more. This dip wouldn't last long and it's also necessary to balance the market flow. It could possibly strike lower but lots of analysts say that a good pump would come after this.

[Anonylz]

I think the dip already happened yesterday and it was also a pretty hefty dip. Bitcoin went down from 50k to almost 44k in just 30 minutes, so that was definitely more than just a normal correction. The same happened with ETH, it went down from 3.700$ to 3.100 $ within 30 minutes. I am still not sure though what has caused this massive and fast price crash. Maybe it was because BTC is now an official method of payment in El Salvador and this did not have any positive effect on the price so that many people became nervous and decided to cash out some profits? At least it seems now that the dip have stopped and BTC is now again pretty stable at around 46k.

It would have been the opposite with the El Salvador news but it seem odd and very unusual with that sudden and unexpected dip, El Salvador case should have been something positive enough to spike the price not dumping it, I don't think this is the case, perhaps something different from it, although very hard to say, am looking out to see a better explanation to the sudden dip, am positive about the market so no panic sell for me.

[Review Master]

How far will it go down ?

None can say that accurately, but we can only speculate according to TA of current situation. So monitor/analysis the chat closely to get ideas about it. For example, weekly closing needs to be greenish in order to see rebounding, else we bitcoin could dump more to $42k level or less and other alts might dump more. But we can buy more for long term hodling , so DYOR before taking any decision. 

[teosanru]

As expected 10-15% dip happened to almost all coins.Im surprised to see XRP 15% dip, btc only 10%.
How far will it go down ?

I think it's the end of this bull run, just like the previous correction whales were waiting for enough longs to open, so they could just give a big correction in the market to make sure enough liquidity is available, the price fell around $9000 in just a day which really is too much, I think from here market would show another leg down before it would stabilize and then move sideways for a while before going down once again for one final time, people who are talking about breaking all-time high let's meet you after next halving because I am sure that thing isn't going to happen before the next halving.

I think the dip already happened yesterday and it was also a pretty hefty dip. Bitcoin went down from 50k to almost 44k in just 30 minutes, so that was definitely more than just a normal correction. The same happened with ETH, it went down from 3.700$ to 3.100 $ within 30 minutes. I am still not sure though what has caused this massive and fast price crash. Maybe it was because BTC is now an official method of payment in El Salvador and this did not have any positive effect on the price so that many people became nervous and decided to cash out some profits? At least it seems now that the dip have stopped and BTC is now again pretty stable at around 46k.

It would have been the opposite with the El Salvador news but it seem odd and very unusual with that sudden and unexpected dip, El Salvador case should have been something positive enough to spike the price not dumping it, I don't think this is the case, perhaps something different from it, although very hard to say, am looking out to see a better explanation to the sudden dip, am positive about the market so no panic sell for me.

How many times have you seen expected happening in this market? This is a market of the unexpected, whales were waiting for this opportunity to ensure everyone is bullish on btc, El Salvador buying BTC gave them a big opportunity and they aren't bad at encashing it.

[magnum cyber]

I'm not surprised after seeing today's crypto drop. and of course there is the possibility of the impact of the decline in the price of bitcoin which makes most other altcoins go down. for me personally this is a good opportunity to buy some selected coins before the market situation really improves again.

[Fredomago]

You don't need to be surprised with XRP. It will happen sooner or later.
Be surprised when it's Bitcoin going down because there's always a chance every altcoin will be dragged by it.
I was just a little bit shocked and perhaps some whale just played with the market using the recent news about El Salvador.
Although it should not be an exaggerated reaction because Bitcoin still fell at its bottom price 2 weeks ago. It's still okay.

Maybe because OP still new and he's just assuming with XRP, there's nothing to be surprised knowing that this coin still have a pending case sooner or later the price may fall for more if they won't able to resolve their problem with the SEC.

More on Bitcoin side, the market still following the influenced of Bitcoin, so what we now is the domino effect inside, Bitcoin experienced massive sell and so with most alt project.

We don't know if this will continue to dive. Whales are taking this opportunity to shake the market and to let those panic holders
to sell out and lose their investment.

[uneps]

Most likely this is just a small correction, since the growth of the cryptocurrency market is still expected by the end of this year, of course, everything can be vice versa, so it is worth considering all the options that can happen with the cryptocurrency market, and of course, some cryptocurrencies showed good growth during this dump, for example, Solana, most likely big players withdrew large amounts of bitcoin and invested in Solana, since it is still difficult to understand why the price of Solana was growing so quickly.

I've also switched from bitcoin to solana.  I'm very interested in solana at the moment. Lately solana is growing and developing very well. An unexpected price increase occurred for the solana coin. I think solana is the solution of the future. Currently, there are many projects collaborating with solana, and the projects are also very good, such as solanium which is very popular on the solana network.

[Wakate]

As expected 10-15% dip happened to almost all coins.Im surprised to see XRP 15% dip, btc only 10%.
How far will it go down ?

The dip was really strange to many traders which had keep a lots of traders into loses which is a sign of ranging market. Many had speculated that the price of Bitcoin is going to fall drastically into a bearish market but after the fall, the price of Bitcoin came back to $47k and later went back to $44k before ranging between the two price till now. Even though the market is going to fall, I think it's too early for the Bitcoin market to fall at this correcting period that many traders are expecting the price of Bitcoin to go back to it upward trend.

Although the dip was not so massive but there is still hope for the market to gain back it strength to continue it upward trend but no one knows when this upward trend will continue.

[Marble777]

As expected 10-15% dip happened to almost all coins.Im surprised to see XRP 15% dip, btc only 10%.
How far will it go down ?

I think almost all altcoins are down by over 15%. This follows the price movement of Bitcoin which dropped 10%. If we pay attention to the chart, the dump process is almost the same. Fall in an instant. Perhaps this creates a new panic for altcoins holders.

yes, but I don't think it will last long, this is just a small market correction, you can see for yourself and pay attention to the percentage on the market chart in the previous week. This correction provides an opportunity for you and other investors to immediately buy crypto. I believe in the near future BTC will recover and so will other altcooins.

[livingfree]

It looks the dip has stopped already.

So what now? after the dip then everyone should be happy to see that they've got now the price lowered and if you're ever wanting to buy. Buy now while you can with those cheaper price.

Bitcoin or any altcoins that are on the top or you believe is worth holding as they've became cheaper.

[letyouearn]

Such drop downs remind people about the frailty of being, hehe 
People suddenly understand that one shouldn't just buy more and more of this the crap without being ready to sell or wait.

[zonefloor]

I can't say much about how much more it will fall and no one can say for sure about it. Although I am not entirely sure of its accuracy, I think the president of the United States has declared a complete shutdown. If this information is correct, I attribute the reason for these declines to this. But if there is other information, I cannot comment on it.

[harapan]

As expected 10-15% dip happened to almost all coins.Im surprised to see XRP 15% dip, btc only 10%.
How far will it go down ?

That correction was something unexpected, I think whales dumped on us all the poor plebs, so many people got liquidated and lost all their money, honestly I never expected  that dump to occur now when bitcoin has started gaining momentum but that's the crypto market for you, everything  dumped when bitcoin dropped to 43k in a giphy, but I saw some coins bounced back real hard one of that altcoin is near it broke it's ATH a couple of times in just 48hours, it pumped from $5.65 to $10+, near seems to be the best performing coin at the moment,just surprised it went against the correction others were experiencing.

[Finestream]

As expected 10-15% dip happened to almost all coins.Im surprised to see XRP 15% dip, btc only 10%.
How far will it go down ?

That correction was something unexpected, I think whales dumped on us all the poor plebs, so many people got liquidated and lost all their money, honestly I never expected  that dump to occur now when bitcoin has started gaining momentum but that's the crypto market for you, everything  dumped when bitcoin dropped to 43k in a giphy, but I saw some coins bounced back real hard one of that altcoin is near it broke it's ATH a couple of times in just 48hours, it pumped from $5.65 to $10+, near seems to be the best performing coin at the moment,just surprised it went against the correction others were experiencing.

Crypto is definitely full of uncertainties and what is happening today is purely a proof of it. The market suddenly becomes bloody seeing most of the coins are dumping and those ATH for bitcoin and ethereum that we expect to reach soon might only be put into a dream. So i think that's how it goes, sometimes we're and sometimes we're down.

But i am still hopeful that those potential coins will always recover after it dumps. We've seen this a lot of times and in the end, what we always see surviving are only those coins with high potentials and those who create huge demand in the crypto community.

[poodle63]

I predict based on history that has happened, and many say that history will continue to repeat itself, so the highest point of btc yesterday was at 52k$ before the decline occurred and if you look at the previous charts, then the decline this time will touch up to 40% from the highest point before that , so my assumption is that btc will still drop to the range of 32k$ - 35k$.

That's a huge drop of price if it follows the history of the price. But some of altcoins are still not getting dumped due to the price dump that occured to bitcoin.
Maybe this market dumping that happened instantly was because of panic selling and it will recover again without having to drop about 40% but anything can happen to the price.
NFT coin seem to be able to hold their price pretty well in the middle of panic selling. Maybe this month it will either be a bullish market or bearish market that can change the price drastically for many altcoins.

[wheelz1200]

As expected 10-15% dip happened to almost all coins.Im surprised to see XRP 15% dip, btc only 10%.
How far will it go down ?

Why are you surprised xrp dipped 15%.  Most alts dump harder than bitcoin at least in usd.  Bitcoin goes down in usd and if alts go down even 1 sat they go down more in usd since most alts are paid against bitcoin.

[Tashana]

This is a healthy correction. I really don't want to see the rise all the time，This will make me afraid, because it is impossible to keep rising， Now it is like a reservoir needs flood discharge, otherwise the bank may burst.
It is normal that there is room for a correction of 10,000 U.S. dollars.

[michellee]

No one knows for sure how far it's come down. I myself am astonished at the moment, like not finding bad news but it makes the price drop drastically. My friend was astonished about this, I thought it was just a correction as usual. I hope it doesn't become a bearish market.

Before the price is down deeper this time, some people do not expect to see it is happening but the price really go down and surprise them because they do not expect the price drops significantly. Yes, it is a correction and nothing to worry about, but we have a good time buying bitcoin at a discount, although it is not a big discount. With the price still below $50,000, many people who have a lot of money use this moment to buy as many bitcoins as they can and hold them because they believe they will make a big profit in the next price increases.

[lienfaye]

As expected 10-15% dip happened to almost all coins.Im surprised to see XRP 15% dip, btc only 10%.
How far will it go down ?

The market turns bloody after days of being bullish that seems going to be consistent but suddenly it went down. No one knows how far it will go down because we dont have crystal ball to see what lies ahead but certainly this is a temporary situation and might change unexpectedly. Majority of coins are currently down but instead of thinking negative or the possible cause of this correction, why dont you take advantage this moment to get additional coins for your portfolio? Its not an unusual situation of the market so be used to it because thats how it works. Just have patience and set aside your emotion so you can wait longer without thinking to sell due to FUD.