[ Bitcoin Price ] Did you buy the dip?

in #bitcoin7 years ago

Bitcoin had a big crash yesterday to $9299 on Bitstamp. Other crypto took a dive with Bitcoin like our own Steem and SBD. Eina!!!

This correction is making me think. Was the pricing out of line? Are we going to see $23000 or $100000 like all the gurus where predicting last month? Or are we only going to see those prices in 1 or 2 years from now?

Crypto Advisor shows us a nice graph from last year this time. Bitcoin fell from $1200 to $800. Is this just a repeat?

Here are The Chart Guys with their view on the dump. I like their videos although they only look short term, because they are day traders of Bitcoin and they are killing it even in this market:

To give you a real perspective of the Bitcoin price and whether we are in a bubble or not, watch this great video by Ivan on Tech. He is very level headed about Crypto and this new technology:

Here is the view of Crypto Advisor on the dump yesterday. At the end of the video he also discusses the closure of Bitconnect:

Bitcoin had a dramatic up run from beginning of Dec 2017 when it was $9885 all the way to $19187 on Bitstamp. This was great times, but in the last couple of weeks we have given it all back.

Please comment below with your thoughts on Bitcoin price? How low can it go?

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When you use your credit card to buy bitcoin at $18,000 and it drops to $10,000
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just fake news soon bitcoin will come back and will go very fast by 20k already Rebuilt $ 2500 in just 12 hours

Yes @ionutciobanu looking steady so far

No fiat, would have bought big

It's time for shopping.... 🤑

It does look like it @easycome

Is... Ripple moment!!!!!! 🤑

hahahahaahha

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The overall trend of bitcoin is consistently up and this won't change...there is a lot of speculation and manipulation though. The best strategy with these markets is to buy whenever there is a big double digit red crash like yesterday.

That's true!

We will get a new alltime high for sure this year.

You think so?

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