Crazy 48 hours

[Pandu Geddon]

The market is yet to recover from $6.3B Binance hack and now the election drama triggered the bleeding.

Time to start buying the dip or wait a little?

The market indeed delivered a surprise with the price decline happening now. This is because previously quite a number of people were optimistic that the market would continue its upward movement after last month's poor closing.
The price decrease that occurred is actually not very significant. It's just that there is concern that if there is another big news that could affect the market, a deeper decline would be unavoidable.
The current price is very reasonable for buying. Don't be afraid to buy now because there will always be opportunities to make a profit in the future.

[LogitechMouse]

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The market is yet to recover from $6.3B Binance hack and now the election drama triggered the bleeding.

Time to start buying the dip or wait a little?

If you're worrying yourself from what happened in these past few days, don't worry because you're like other newbies out there who are constantly panicking and don't know what to do in this current situation.

Start buying. Now the question is, if I said this, will you really buy? Or you will choose the other one. As for me, I'll continue to buy whatever the price of Bitcoin is. I still believe that anything below $100,000 is still a discount price especially if it's for long-term holding. Don't care too much about what's happening because these global events only have a short-term effect towards the global market. Look at the market after a couple of weeks or more. We might've already been recovered, and who knows. You might see Bitcoin at $80,000 yet again.

Go buy, and continue buying. If you're a spot holder, continue to accumulate and please, please don't stop. If you're a long-term holder, you'll thank me later that's for sure.

[BlackHatCoiner]

Bitcoin is doing tremendously, what are you talking about? It went down from $80k to $75k, and that's after the midterms manipulation and $6 billion getting hacked by one of the greatest exchanges.

Five years ago, that'd have caused a crash. To me, that means Bitcoin is heading to a new bull run, which is also consistent with the time each bear run has lasted, since 2014.

[DiMarxist]

Even before the start of the U.S midterm elections I expected a more volatile market in terms of the price. Because these types of Major events impact directly on the price of Bitcoin, and with Democrats having gained control of both House's it on natural and expected that Bitcoin price should react to this type of Major events.I know with time, the price is gradually going to recover back. At this point I we should be talking about Bitcoin hitting $100k and above from 2027.

[Chibit01]

Someone texted me with the exact Same thought but they believe there's still more dipping to come in the coming months as we might be approaching the end of the best market. Buying the dip may be a good idea at this point but I personally think this ideology only benefits long term investors.

Buying a dip is for those who have money and are prepared for it. Understanding why the market reacts the way it reacts is another different thing.

If this drop stops within $74,000 and doesn't go below $70k, then there is still a quick hope for bitcoin to bounce back before the end of the year and don't end in a bloodbath. Next year might actually be a different case, so let's focus more on how we close 2026.

[Kelward]

Time to start buying the dip or wait a little?

Bitcoin is not the only asset that plunged. U.S. and Asian equity markets also experienced heavy pressure as tech and chipmaker stocks declined. The market has recovered from the effect of Binance hacks and the US mid term elections might also have a slight impact. I also think that Donald Trump's threat to attack Iran has also generated the fear of another major escalation that will further increase the price of crude. People are moving their assets out of high-risk assets because of economic and political uncertainties.

A lot of investors became bullish when Bitcoin slightly increased past $80k they thought that it was a sign that this must be a bullish fourth quarter of this 2026 but clearly speculations don't control the market, we saw a shift in fundamentals and the market reacted negatively. As of now Bitcoin price is at approximately $76k, further developments especially from the US and Trump decisions can determine whether the remaining of this month would be bullish or dip.

You don't have to wait with the expectation that the price will further decline. Use a DCA strategy to accumulate Bitcoin. It saves you the time you would spend analyzing the market. The best time to buy Bitcoin is when you can afford it. So keep accumulating if you have the money to invest.

Bitcoin is a volatile asset and it's price will always fluctuate so if you're an investor who is doing DCA strategy it is better to ignore the noise of the market and continue to accumulate and hold. What matters is that Bitcoin has potentials to always reach ATH. If you have funds to buy dip aggressively before Bitcoin enters bull run you can utilize it now.

[aoluain]

Since the mid term election 3 days ago, bitcoin has been reacting massively. It dumped to 75.6k but now recovering back gradually.

Incase you're wondering what happened?

The Democrats swept US Congress. You know what this means right? It creates political uncertainty and market naturally respond because it hates uncertainty. This is not about Trump.

Wallets linked to Trump media moved over 4k BTC. It's not confirmed whether they're selling or not but the timing matters. The media already said it might need to sell BTC to meet up with Noteholders cash demend later.

The market is yet to recover from $6.3B Binance hack and now the election drama triggered the bleeding.

Time to start buying the dip or wait a little?

Its what we say here as "a storm in a tea cup"

You are referring to a DIP rather than a DUMP and yea it is because of those mid-term
elections. I always find it fascinating that the market can move as a result of any sort
of political news.

Anyway yea you can buy the dip, you can wait but in the greater scheme of things if you
have a long term outlook a 5% dip here or there doesnt mean that much.

[KiaKia]

Since the mid term election 3 days ago, bitcoin has been reacting massively. It dumped to 75.6k but now recovering back gradually.

Incase you're wondering what happened?

The Democrats swept US Congress. You know what this means right? It creates political uncertainty and market naturally respond because it hates uncertainty. This is not about Trump.

Wallets linked to Trump media moved over 4k BTC. It's not confirmed whether they're selling or not but the timing matters. The media already said it might need to sell BTC to meet up with Noteholders cash demend later.

The market is yet to recover from $6.3B Binance hack and now the election drama triggered the bleeding.

Time to start buying the dip or wait a little?

I have been in crypto space since 2017 roughly and I always know that once things get very ugly like it is presently it always means the market has already bottomed out and it's fighting for some liquidity grabbing to start moving up.

Be greedy when others are fearful, that's all I have to say, you either throw this away or make use of it, when others are running for their lives the smart whales are accumulating because they know what's coming.

2027 is going to be a good year for the market, Bitcoin to be precise, many people will look back at October and November of 2026 and start regretting why they failed to take any actions.

[Webetcoins]

Buying a dip is for those who have money and are prepared for it.

Buy the dip and sell the pump is the basics of investing but Bitcoin investing have evolved all-through out the years. Now, there is now a DCA method for long-term investors. If there are mainly who bought the dip, they are those short-term investors. Of course, you can not buy if you don't have money lol. So money must also be prepared for it. Although there are also Bitcoin jobs like on the forum via a sig camp that lets you earn a bitcoin by offering your skills and time.

If this drop stops within $74,000 and doesn't go below $70k, then there is still a quick hope for bitcoin to bounce back before the end of the year and don't end in a bloodbath. Next year might actually be a different case, so let's focus more on how we close 2026.

I think if we fall continuously and ended up with a relatively low value, that still can encourage other buyers to buy in bulk. So that can make the price to recover quickly and pump. If we believe 2027 is a brand new cycle, then we should not worry for now. We are ending shortly anyway.

[letteredhub]

All much of what the US  midterm election turned to give as a result were just unexpected as the poll were majorly swept by the democrats in an astonishing way. This unexpected twist had to affect the market as investors seems to be skeptical though but just not so quick for us to start assuming that bitcoin price could fall badly. $85k to $75k isn't anything to cause panic, I think unlike other times with the US midterm election, bitcoin price could have dumped badly I'm reaction to the unexpectarion of the results but it didn't. Doesn't that tells something about bitcoin development over the years?

[STT]

My take on the last week is mostly range bound.  We're fenced in and not too much different from last weekend, if anything an attempt to recover prior highs was made and failed.  That move makes me think we do continue negative trend but it hasn't really happened yet.

  We can break down further, this weekly closing bar happening today is part of the sequence.  If we do lose here, it could finally be far more harsh as the big green candle from August could be negated.  If we topple from that pinnacle held since the summer it might end back at 65k.  Dollar index is rising so I presume its quite possible the harshest change is ahead still.

[EluguHcman]

Bitcoin price is being driven by Speculations which politics and economic matters has a very strong influence on manipulating the Bitcoin price.
While we beliefs in this theory, it is not really enough to be confident with to assume the claim is actually what drived the price to fall. The ideal of Bitcoin Speculations is undeniable at any claim pointed to be responsible of any condition of the Bitcoin price.
I trust there had also been political events all this while but for sometimes now I have not also heard for sometimes now that it is what is manipulating Bitcoin.

Maybe it is just coincidence that that the price falls at same time of the political that is why you think it is responsible for the records Bitcoin had faced in that 48 hrs. And perhaps, we are in the bear season which is a season of the market performing very poor in growth.

[2Pizza410000BTC]

Since the mid term election 3 days ago, bitcoin has been reacting massively. It dumped to 75.6k but now recovering back gradually.

Incase you're wondering what happened?

The Democrats swept US Congress. You know what this means right? It creates political uncertainty and market naturally respond because it hates uncertainty. This is not about Trump.

Wallets linked to Trump media moved over 4k BTC. It's not confirmed whether they're selling or not but the timing matters. The media already said it might need to sell BTC to meet up with Noteholders cash demend later.

The market is yet to recover from $6.3B Binance hack and now the election drama triggered the bleeding.

Time to start buying the dip or wait a little?

We should not be worried about the rise and fall of Bitcoin prices and the current position of Bitcoin prices is very suitable for investment. Especially now that no one is worrying much about the Bitcoin market, most investors are investing in Bitcoin through DCA. Investing in DCA method now makes investment success faster. If a person feels that the market is dumping too much at the moment, he can invest with his money, and if he thinks that it will decrease further, he can wait.

[jossiel]

$85k to $75k isn't anything to cause panic, I think unlike other times with the US midterm election, bitcoin price could have dumped badly I'm reaction to the unexpectarion of the results but it didn't.

We're used to this kind of fluctuation.

And not even this day has ended and the price plunged to $74k. Related to elections or not, there's always the big players who usually plays along with these incidents.

Doesn't that tells something about bitcoin development over the years?

It has matured and this fluctuation didn't caused a lot but, panic sellers are there and those who are inexperienced to this will not be stopped if they decide to react accordingly.

[Popkon6]

Since the mid term election 3 days ago, bitcoin has been reacting massively. It dumped to 75.6k but now recovering back gradually.

Incase you're wondering what happened?

The Democrats swept US Congress. You know what this means right? It creates political uncertainty and market naturally respond because it hates uncertainty. This is not about Trump.

Wallets linked to Trump media moved over 4k BTC. It's not confirmed whether they're selling or not but the timing matters. The media already said it might need to sell BTC to meet up with Noteholders cash demend later.
The market is yet to recover from $6.3B Binance hack and now the election drama triggered the bleeding.
Time to start buying the dip or wait a little?

The price of Bitcoin is not only falling for one reason but for many reasons, in this current situation, if the price of Bitcoin corrects, it should be taken very positively. Because this is the only good time to buy Bitcoin and add it to the main holding, if you do not hold Bitcoin during this period, then you will never get a good opportunity to buy Bitcoin again. There will be a huge demand for the price of Bitcoin, so in this current position, the price of Bitcoin can be expected to improve further, but now there is a new opportunity to buy Bitcoin at a lower price.
However, many people blame Binance and Trump's election for the low price of Bitcoin, but it has definitely turned around from that situation, but at present, there is a target for further decline. However, we must remember this positive aspect that it has created a buying opportunity for investors.

[AprilioMP]

The market is yet to recover from $6.3B Binance hack and now the election drama triggered the bleeding.

Time to start buying the dip or wait a little?

Bitcoin has experienced a decline and remains in a downtrend as of today following the U.S. election results that led to Trump’s party’s defeat. As a result, not only has the Bitcoin market declined, but the U.S. equity market has also followed suit. The impact may even extend further to Asia.

Buying for investment purposes shouldn’t just involve waiting for a market dip, as that won’t yield optimal results for an ongoing investment strategy.
Buying when prices fall—such as during today’s decline—is a good strategy, and if you’re implementing a dollar-cost averaging (DCA) strategy, that’s even better.

[tbterryboy]

Buying for investment purposes shouldn’t just involve waiting for a market dip, as that won’t yield optimal results for an ongoing investment strategy.
Buying when prices fall—such as during today’s decline—is a good strategy, and if you’re implementing a dollar-cost averaging (DCA) strategy, that’s even better.

Buying BTC at regular interval is basically recommended hence buying at dips must be a good strategy even you have time for another buy as per your periodic buying plans. As per these, the current market dips are very good chances for all of us who believe into the future of bitcoin. Personally I do buy regularly and when market shows any dip then I will simply double my investment amount.

Bitcoin market is stagnant around $74k level for more than 2 days which must be a good sign for market recovery. So, we can expect bitcoin market to turn bullish toward $80k within this week of time. So, making use of current dips will be good yet for small amount for individual bitcoiners is suggested.

[bangjoe]

The market is yet to recover from $6.3B Binance hack and now the election drama triggered the bleeding.

Time to start buying the dip or wait a little?

Bitcoin has experienced a decline and remains in a downtrend as of today following the U.S. election results that led to Trump’s party’s defeat. As a result, not only has the Bitcoin market declined, but the U.S. equity market has also followed suit. The impact may even extend further to Asia.

Buying for investment purposes shouldn’t just involve waiting for a market dip, as that won’t yield optimal results for an ongoing investment strategy.
Buying when prices fall—such as during today’s decline—is a good strategy, and if you’re implementing a dollar-cost averaging (DCA) strategy, that’s even better.

Was it because of the election in the US? I don't think so, this decline is not just about that because there is a lot of negative sentiment that has been happening lately in the world, especially regarding the economy of the community which seems like the world is in a bad state because of the shortage of oil distribution which causes the cost of production and distribution to be more expensive and this results in a bad economy.
Buy bitcoin strategy just make a purchase and indeed I agree if you have more money at the time of decline is the right time to buy, but there needs to be a good level of risk management, because from what I see that further decline could happen, we are in a market that is still bearish.

[Nanga Parbat]

Bitcoin has experienced a decline and remains in a downtrend as of today following the U.S. election results that led to Trump’s party’s defeat. As a result, not only has the Bitcoin market declined, but the U.S. equity market has also followed suit. The impact may even extend further to Asia.

Buying for investment purposes shouldn’t just involve waiting for a market dip, as that won’t yield optimal results for an ongoing investment strategy.
Buying when prices fall—such as during today’s decline—is a good strategy, and if you’re implementing a dollar-cost averaging (DCA) strategy, that’s even better.

I do not agree about this, it's a downtrend because it's just a dip, which is always ok for people who want to enjoy this and have their share. Now it's having $75K in a few days things will be normal, and it's going to have again a price tag of $80K because now it has enough to move around this price.
 
Midterm election geopolitics and tech companies' huge losses give some lost momentum, but it's not going to keep things like this for long. All will be back to normal, and people will enjoy a good increase in the coming days. Investors need to use their own strategies because it always works for them normally, and things will be fair enough to have a good increase in their profit, which needs good decisions at the right time.

[Out of mind]

Since the mid term election 3 days ago, bitcoin has been reacting massively. It dumped to 75.6k but now recovering back gradually.

Many have been attributing the market recent performance due to the election in US, but I always say this that things will go in a different pattern and it may also applies as a coincidence depending on the situation, it could be that the market was truly influenced to rise by the election and it is possible that it was only a reaction that we see from bitcoin market demand and supply as usual, boy I'm not also having this as they recovery because we are yet to achieve $80,000 ever since the fall from $84,000.

Many are blaming the US elections for the fall in the market, while others are claiming that the situation in the market has taken such a turn because of the Binance hack. Different people have different opinions, but it could be that the Bitcoin market rose rapidly due to the election, but after the election, the market fell a lot. During the election, the price of Bitcoin rose rapidly and touched $84k, and at that time, it seemed that its price would increase further.
But later, the market situation worsened and the market is currently at $73k, although it is currently in the $75k range. After falling from a good position, the price of Bitcoin is not showing much interest in fully recovering, but based on the current situation, it seems that the market will take time to go up.