Downfall still possible?

[milewilda]

as Long as you can handle the dump , or i mean you can manage to keep holding , then yes Bitcoin is the perfect one in this kind of market as we are looking to what the act of Dogecoin recently , it is an obvious or best example of how Pump and Dump works in this market.

I do agree that it’s against his wishes, there is a "down" right now in the market. However, it’s still quite fine, I mean its above 16k which is all we can ask for, I am actually fine up until it’s over 16k, if it goes under 15k thats where I will be a bit upset, but I have a medicine for that.

I would buy some more, even get a loan if I have to, and buy some more at under 15k, and that will make me happier because I would be doing great DCA at that point. For the past year or so, my DCA is so amazing that I nearly reached 10k profits already, which means it is going to be amazing when the price increase, I am going to be quite rich, well not rich to many people but rich compared to my current life.

Even we are fine with it or not but still there's nothing we can do yet we cant really able to stop on whats happening specially now on the market is really going down hard.
We cant determine on  where it would be stopping and pretty sure that everyone is on panic now and that what makes the situations even more worst.This price isnt something that we are
hoping for but theer are lots of sayings and rumors about seeing this numbers but people cant really just believe but here we are now which we had dip down so much.
Lucky for those who had made out some short orders which making some good profits for that and its not bad to accumulate cheaper bitcoins as of this moment.

[1714757172]

1714757172

[Chainsmokers]

many predict that Bitcoin will drop in the price of $10k to $15k because the bitcoin price has already broken from its strong support of $17.7k,
so we have to be careful there might be another dump in the next few days,
moreover the current situation is also very hot between CZ and FTX and such a large SOL Unstake case will also lead to a deeper dump market, so be careful.

[irhact]

many predict that Bitcoin will drop in the price of $10k to $15k because the bitcoin price has already broken from its strong support of $17.7k,
so we have to be careful there might be another dump in the next few days,
moreover the current situation is also very hot between CZ and FTX and such a large SOL Unstake case will also lead to a deeper dump market, so be careful.

That'll be crazy seeing Bitcoin below $15k, CZ didn't pick the right time to destroy FTX, he should have waited until the market can resist any heat their confrontation brings. What is getting affected is the market and not the just the FTX exchange or their token FTT. Many speculators thought Binance will step in and assist FTX by buying the exchange but it seems CZ doesn't want to help the exchange and want use it as a lesson for whoever want to come after the Binance exchange.  The market is likely to fall more. We have just had a direct impact of the downfall of FTX on the market.
Now when other coins that are associated with the exchange starts to dump, we'll likely see the market reacting with more dump. I won't be quick to try buying the dip because nobody knows how low the market will go now that support has been broken

[19Nov16]

Market still has the opportunity to downfall, many analysts believe that manipulation in many exchanges will open again so that it makes panic investors, and after happening with FTX in recent days many investors are withdrawing in top exchanges such as kucoin, binance and so on.

[kapalmabur]

Market still has the opportunity to downfall, many analysts believe that manipulation in many exchanges will open again so that it makes panic investors, and after happening with FTX in recent days many investors are withdrawing in top exchanges such as kucoin, binance and so on.

In the crypto market of course the possibility of this happening will always exist,
that's why the crypto market is difficult to predict and I think we should always be prepared for all eventualities,
Let's see what will happen in the future to the market

[CryptoYar]

Market still has the opportunity to downfall, many analysts believe that manipulation in many exchanges will open again so that it makes panic investors, and after happening with FTX in recent days many investors are withdrawing in top exchanges such as kucoin, binance and so on.

As far as I know, there is no issue of kucoin and binance. The issue is with crypto [dot]com and gate[dot]io 
 
Crypto dot com sent some ETHs after showing thier proof of reserve, Gate dot io so that they can also show these ETHs in thier balance sheet. Shady.

It would be wrong to trust any exchange nowadays. Better keep all the funds in your personal wallet.

[nurilham]

Market still has the opportunity to downfall, many analysts believe that manipulation in many exchanges will open again so that it makes panic investors, and after happening with FTX in recent days many investors are withdrawing in top exchanges such as kucoin, binance and so on.

Manipulation in exchanges?
If it is about FTX, I think FTX is just unlucky. For other exchanges, they must evaluate their system and finances after the case of FTX spreading. So, I think other exchanges won't follow the case of FTX. And they won't be brave to manipulate the data or the system now, they must be aware that it will lead to a serious problem. Especially, since most investors focus on this case now, it doesn't make sense if there are exchanges to try the same thing as FTX. In my opinion, after we have the FTX case, all the exchanges will try to have better financial backups by having more stable coins than coins with high volatility.

[kurniawan05]

Hopefully no more negative news triggering a panic to sell tokens/coins, last week we were shocked by the crash of FTX, one of the biggest exchanges at the moment which resulted in a whole panic.

[redsun114]

All experts has make possibilities of crypto downfall. Price will might go near 12k so we have to understand market very deeply. Crypto market is standing on very risk. All step from now will be very useful to determine future of crypto. Downfall can go more deep but this will come as chance for new investors. Hopefully no one will destroy their capital.

You mean they make predictions? But I don't think there are experts when it comes to those things. Price can move in any direction and there is no one can predict it. I am not an expert but if I am about to give my own prediction, I think the price won't go in $12k anymore because the price is getting stable again at $16k.

This can be the last bottom that we will have this quarter and the price are only preparing to take off for the upcoming bull run. Downfall is a part of how crypto works but it might also be invented so that new investors will be attracted of entering here. The only one that can destroy their capital is their selves. My advice is they must equip themselves with knowledge so that they won't panic or worry once the market is in bad shape.

[Pamadar]

Hopefully no more negative news triggering a panic to sell tokens/coins, last week we were shocked by the crash of FTX, one of the biggest exchanges at the moment which resulted in a whole panic.

We really don't know what will happen next, after FTX there are many  fearing investors and traders who panic and create more downfall.

Just like you said, hopefully nothing more will take place after that week and we will be able
to see some good news back to recreate good market bounce, as of now, there are still chances
that another fuds will show and weak holders will be shaken.

[Xal0lex]

Hopefully no more negative news triggering a panic to sell tokens/coins, last week we were shocked by the crash of FTX, one of the biggest exchanges at the moment which resulted in a whole panic.

We really don't know what will happen next, after FTX there are many  fearing investors and traders who panic and create more downfall.

Just like you said, hopefully nothing more will take place after that week and we will be able
to see some good news back to recreate good market bounce, as of now, there are still chances
that another fuds will show and weak holders will be shaken.

Bitcoin is still not finding the right demand among buyers, which means the risk of bitcoin price and the whole market decline remains. There is still uncertainty and fear in the market. Now any negative news from some exchanges or large funds can provoke further fall. But if the market goes down, it means there is an opportunity to buy some coins cheaper. Now the good news would be if FTX announced that it is reopening, and some big investor, fund or other exchange would buy it. I wouldn't be surprised if Justin Sun bought the exchange.

[dunfida]

Hopefully no more negative news triggering a panic to sell tokens/coins, last week we were shocked by the crash of FTX, one of the biggest exchanges at the moment which resulted in a whole panic.

We really don't know what will happen next, after FTX there are many  fearing investors and traders who panic and create more downfall.

Just like you said, hopefully nothing more will take place after that week and we will be able
to see some good news back to recreate good market bounce, as of now, there are still chances
that another fuds will show and weak holders will be shaken.

People should really avoid that kind of mindset about thinking that this bearish news and negative ones are really that over.This market could really be having that endless possibilities when it come to news

whether it would really be that negative or positive.No one really knows on what would happen in the future next this is why it would really be that right that we should make ourselves

prepared on whats upcoming because we dont really know on how this market behaves.Lots of factors and things that could really affect out behavior or the price
movement which we should really be that thinking on how to deal up with things.

[Pamadar]

Hopefully no more negative news triggering a panic to sell tokens/coins, last week we were shocked by the crash of FTX, one of the biggest exchanges at the moment which resulted in a whole panic.

We really don't know what will happen next, after FTX there are many  fearing investors and traders who panic and create more downfall.

Just like you said, hopefully nothing more will take place after that week and we will be able
to see some good news back to recreate good market bounce, as of now, there are still chances
that another fuds will show and weak holders will be shaken.

People should really avoid that kind of mindset about thinking that this bearish news and negative ones are really that over.This market could really be having that endless possibilities when it come to news

whether it would really be that negative or positive.No one really knows on what would happen in the future next this is why it would really be that right that we should make ourselves

prepared on whats upcoming because we dont really know on how this market behaves.Lots of factors and things that could really affect out behavior or the price
movement which we should really be that thinking on how to deal up with things.

No one knows and that the only thing that clears when you participate in this kind of business, buying now, won't assure you that you will see good bounce and you will be compensated.

Downfall is still possible as the market activities continue to rely on how investors and traders will interact,
either they will take the opportunities to buy and hold, which can help the market to regain the support.
Or, they can sell out and help the bear to make more damages in terms of price.

[Fesatmas]

Hopefully no more negative news triggering a panic to sell tokens/coins, last week we were shocked by the crash of FTX, one of the biggest exchanges at the moment which resulted in a whole panic.

We really don't know what will happen next, after FTX there are many  fearing investors and traders who panic and create more downfall.

Just like you said, hopefully nothing more will take place after that week and we will be able
to see some good news back to recreate good market bounce, as of now, there are still chances
that another fuds will show and weak holders will be shaken.

Everyone was shocked by the fall of FTX and it is undeniable that it made a lot of people scared and panicked which in turn had an impact on the market. Well in the cryptocurrency space something like this is very likely to happen and in the not too distant future we see Luna and FTX go down tragically. Even though the background is different, this is an experience that must be used as a lesson for the future. It's really unfortunate when an unstable market coupled with events like that makes a lot of movements.

[nimogsm]

Everyone was shocked by the fall of FTX and it is undeniable that it made a lot of people scared and panicked which in turn had an impact on the market. Well in the cryptocurrency space something like this is very likely to happen and in the not too distant future we see Luna and FTX go down tragically. Even though the background is different, this is an experience that must be used as a lesson for the future. It's really unfortunate when an unstable market coupled with events like that makes a lot of movements.

now many exchanges are doing public audits of their funds that they have to reassure users.People are massively withdrawing their funds from the exchange because it has become unsafe.I think closer to the new year, the state of the market will be better and the noise around the bankruptcy of the FTX will subside.The situations were worse,so I wouldn't worry and on the contrary,I bought what is now much cheaper.

[dunfida]

Hopefully no more negative news triggering a panic to sell tokens/coins, last week we were shocked by the crash of FTX, one of the biggest exchanges at the moment which resulted in a whole panic.

We really don't know what will happen next, after FTX there are many  fearing investors and traders who panic and create more downfall.

Just like you said, hopefully nothing more will take place after that week and we will be able
to see some good news back to recreate good market bounce, as of now, there are still chances
that another fuds will show and weak holders will be shaken.

People should really avoid that kind of mindset about thinking that this bearish news and negative ones are really that over.This market could really be having that endless possibilities when it come to news

whether it would really be that negative or positive.No one really knows on what would happen in the future next this is why it would really be that right that we should make ourselves

prepared on whats upcoming because we dont really know on how this market behaves.Lots of factors and things that could really affect out behavior or the price
movement which we should really be that thinking on how to deal up with things.

No one knows and that the only thing that clears when you participate in this kind of business, buying now, won't assure you that you will see good bounce and you will be compensated.

Downfall is still possible as the market activities continue to rely on how investors and traders will interact,
either they will take the opportunities to buy and hold, which can help the market to regain the support.
Or, they can sell out and help the bear to make more damages in terms of price.

This should really be bare out on someones mind considering that everything could really happen which there are even instances on which you cant really be able to avoid out that on the time you had bought in then

the price had suddenly dumps down and on the time that had sold then the price shoots up even more which it do really leave out that kind of frustration deep inside which it isnt really that something that can be avoided and this is why its important that you do make yourself that prepared most of the time.

Downfall could really happen anytime and you should really bare it up into your mind so that you wont really get shocked.

[sulendra12]

now many exchanges are doing public audits of their funds that they have to reassure users.People are massively withdrawing their funds from the exchange because it has become unsafe.I think closer to the new year, the state of the market will be better and the noise around the bankruptcy of the FTX will subside.The situations were worse,so I wouldn't worry and on the contrary,I bought what is now much cheaper.

Correct, they are being transparent with their funds in their wallet for the customers end and people being panic thus moving their money to different wallet is pretty much normal because of this whole situation. Still it's a long time before this situation ends as the bearish market is still going until today by the price of some big coins are declining. Just be prepare for the worst case possible.

[Pamadar]

now many exchanges are doing public audits of their funds that they have to reassure users.People are massively withdrawing their funds from the exchange because it has become unsafe.I think closer to the new year, the state of the market will be better and the noise around the bankruptcy of the FTX will subside.The situations were worse,so I wouldn't worry and on the contrary,I bought what is now much cheaper.

Correct, they are being transparent with their funds in their wallet for the customers end and people being panic thus moving their money to different wallet is pretty much normal because of this whole situation. Still it's a long time before this situation ends as the bearish market is still going until today by the price of some big coins are declining. Just be prepare for the worst case possible.

Exchange is trying to calm the investors and the traders. The situation is still unsafe from panic sellers who are fearing to get stuck with the situation. They are trying to assure that they have the fund to keep the exchange safe.

With the collapse of FTX, it's no longer new that there are many people who invested
to this industry are now re-assessing their position, either they will continue to buy
and support or they will move their money away from the market and abandoned
this industry.

[rodskee]

The market is unpredictable so more downfall is possible and I advised you to make your proper analysis before investing of buying at dip.

but Buying at dip is one of the safest and best timing to buy , than in growth because at least for holding there is a big chance of increasing.

Don't be surprised we could face more dip anytime soon, the market just gain a little momentum few day again and this could likely be a bear trap.

well , we are still in green for the whole week now , so that small growth you are calling to be a trap? yet maybe this is part of the bull for november till december.

There are some good projects that has a solid team that could sustained the market without losing any parentage.

then which are those mate? because if you knew some then best to share it here for all of us to invest.

[Fatunad]

now many exchanges are doing public audits of their funds that they have to reassure users.People are massively withdrawing their funds from the exchange because it has become unsafe.I think closer to the new year, the state of the market will be better and the noise around the bankruptcy of the FTX will subside.The situations were worse,so I wouldn't worry and on the contrary,I bought what is now much cheaper.

Correct, they are being transparent with their funds in their wallet for the customers end and people being panic thus moving their money to different wallet is pretty much normal because of this whole situation. Still it's a long time before this situation ends as the bearish market is still going until today by the price of some big coins are declining. Just be prepare for the worst case possible.

Exchange is trying to calm the investors and the traders. The situation is still unsafe from panic sellers who are fearing to get stuck with the situation. They are trying to assure that they have the fund to keep the exchange safe.

With the collapse of FTX, it's no longer new that there are many people who invested
to this industry are now re-assessing their position, either they will continue to buy
and support or they will move their money away from the market and abandoned
this industry.

Confidence is currently be greatly affected as of this moment which i couldn't really blame the community since we've seen the worst cases specially on events attached with exchange
platforms and issues which is correlated to it. Trust is really been greatly affected but we know that when the dust settles and if everything do really looks back to normal
then this is where people or investors would be starting up on ignoring the risk and would really be going back again as were before.
Speaking about downfall then its always been possible and there's no changes on that.