What Is Happening Today?

in #bitcoin6 years ago

I am sure many​ of you have paid attention to the big downfall of Bitcoin today. And of course, ​together with bitcoin Steem and other alts went down.
Any idea what triggered​ such a big market fall? What are your predictions, will it recover today already​ or should we expect it​ to continue going deeper and deeper down?

Sort:  

In a bear market it is impossible to predict the bottom. It all depends when we run out of sellers, that will be the turning point. I don’t believe in a drop to 5k! But we will only know it when the bears are back in the woods or fishing for Salmon!

I think the market is just really volatile. I don't think it is "the downfall of bitcoin". If I had to guess it will probably recover over $10,000 next week and nobody will even talk about this in a year.

@hoodaim you were flagged by a worthless gang of trolls, so, I gave you an upvote to counteract it! Enjoy!!

Congratulations @hoodaim! You have received a personal award!

1 Year on Steemit
Click on the badge to view your Board of Honor.

Do not miss the last post from @steemitboard:
SteemitBoard and the Veterans on Steemit - The First Community Badge.

Do you like SteemitBoard's project? Then Vote for its witness and get one more award!

Congratulations @hoodaim! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You made more than 4000 upvotes. Your next target is to reach 5000 upvotes.

Click here to view your Board
If you no longer want to receive notifications, reply to this comment with the word STOP

Do not miss the last post from @steemitboard:

Christmas Challenge - The party continues

Support SteemitBoard's project! Vote for its witness and get one more award!

Congratulations @hoodaim! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Coin Marketplace

STEEM 0.31
TRX 0.12
JST 0.033
BTC 64485.37
ETH 3156.53
USDT 1.00
SBD 4.05