Even MORE Volatility Ahead? Bitcoin Falls on Average 15% Here

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24 COMMENTS

  1. TA Update! Starting about 30 minutes ago Bitcoin has well and truly fallen out of both the symmetrical and the descending triangles. I told you Bitcoin was volatile :O Whale manipulation come early, I really don’t know. Probably not let's be honest. I feel like Litecoin has a head start on Bitcoin when it comes to moves both up and down quite often.

  2. Oh I see what's going on. Bakkt, CME Futures, and other derivatives (cough BitMex n' Bybit) comes to mind. They all take money out of the crypto market and into the derivatives market, making the few big players who are left in the actual market the kingpins of what is to come.

  3. TA speaking, the base of the triangle is 35% wide in price. Losing 35% from the point of rupture means a fall to 6000+. We still have bad days ahead if my TA is right. But the bigger problem is that this movement breaks all bullish predictions, all regularity in upward movements since 2016. We are technically lost in the long run. I had my bets based on previous behavior. Now, I have no clue.

  4. I never needed Bakkt. I wasn't the least bit interested in it. I have some of a crypto ETF that is itself a cryptocurrency but I would rather just have more bitcoin. Non of my altcoins have been performing well for what feels like years. Just accumulating bitcoins. Any dips mean I can get MORE bitcoin for my money now. I don't plan to sell until we find out in ten years if quantum computers will destroy it all. Keep in mind that if quantum computers can destroy bitcoin they can empty out all fiat bank accounts even easier as well so we are ALL screwed. Lol?

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