Bitcoin Below $18,000 on Bittrex - Is It The Price Correction Everyone Was Waiting For?
We had had a great last 24 hours in crypto - everything was green but it seems that the big guys decided to take their profit:
Bitcoin's price dropped in the last 2 hours significantly to levels below $18,000 both on #poloniex and #bittrex. Also #STEEM is again at $3 levels (was up to $3.4).
The whales may well decide to release their capital gains, but the media is talking more and more of BTC, and many people invest recently, which gives volume trading and dump. The whales should wait I think a few months, because the bar of the BTC 25000 is really not far.
I hope that for the Christmas holidays the crypto will rise, personally I invested today in the BTC with my winnings on other crypto because I hope this famous big dump. Thank you for your analysis. Upvote with pleasure ^^
Pure correction, nothing else.
It's still around 18000.
Even if f the correction comes,, Bitcoin will go up huge next year
Yeah, but it really needs to solve the scalability issues :/
True actually your right
Here are some plans of how bitcoin pans to scale without directly increasing blocksize
https://steemit.com/bitcoin/@sames/here-are-all-the-plans-bitcoin-plans-to-scale-without-increasing-block-size
Here are some plans of how bitcoin pans to scale without directly increasing blocksize
https://steemit.com/bitcoin/@sames/here-are-all-the-plans-bitcoin-plans-to-scale-without-increasing-block-size
An excellent analysis and what is happening now with Bitcoin was quite expected. In principle, according to forecasts, the price will be within these limits, but after the New Year, even more correction is expected. This is a common practice before another takeoff. Thank you @tipu
Hm, so another correction after new year. Thanks for the info :)
Oh yeah, so it was the last two years, the whales artificially kept the course for the New Year, after the correction, but then the course should recover and go further up. But how will not know who is 100 percent, wait and see :)
I would like to see bitcoin come down more towards the $15k level. We also need to get the volume down again as well. The fees being so high will force others to switch to BCH or Bitcoin Gold.
I think this is a christmas correction. And the growth will be after the New Year.
probably just not who does not know what it is, wait and see :)
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STOPIts 16k now but i guess its loading its fuel to start just again ^^
dear @tipu..... your post is very nice..
i like your post.....
& i likke btc....