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❕NEWS Bitcoin Price had a mini crash in price today - Here is why

AudraMiller

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The cost of bitcoin has been exploding recently. Exactly when you imagine that bitcoin has arrived at its top during the current year, a couple of hours after the fact you check the market again and find that the cost has gone considerably higher than it was beforehand. This is extraordinary for crypto financial specialists who are holding bitcoin for the long investments as it gives them a decent occasion to sell. It is, additionally, terrible for those that are searching for the ideal chance to invest, as the cost doesn't appear to be coming down in the near future.

Nonetheless, during the ascent of bitcoin there was a hindrance that caused a 1,000 dollar drop in cost throughout the span of a couple of moments today. The cost of bitcoin quickly dropped from $18400 to $17200, and immediately recovered its place, however the drop was there regardless.

Crypto analyst Mati Greenspan says that this is likely brought about by a dealer that was selling their bitcoin resources or even a whale that was liquidating out on their resources, as one would picture.

Such instability is normal in the bitcoin world, yet in the event that this is the aftereffect of a whale cashing out, could more whales liquidating reason a further accident that would be harder to recuperate from? What do you folks think? What different variables do you think might have caused this little crash in price?
 
Time will tell, everything happens for good. Most of the sellers do not accept low payment, last time I was not rejected by sellers even at $50, they were asking more.
 
Time will tell, everything happens for good. Most of the sellers do not accept low payment, last time I was not rejected by sellers even at $50, they were asking more.
You mean you wanted to buy Bitcoin from someone and the person demands a minimum of $50? . Why not use your credit card to buy as little as you can afford or use one coin to swap for it
 
You mean you wanted to buy Bitcoin from someone and the person demands a minimum of $50? . Why not use your credit card to buy as little as you can afford or use one coin to swap for it
I don't use credit card.

Now main point - I offered $50 to purchase BTC from few exchanges, but they were not accepting $50, they were asking for higher amount and then I only had $50 in my payment processor.
 
I don't use credit card.

Now main point - I offered $50 to purchase BTC from few exchanges, but they were not accepting $50, they were asking for higher amount and then I only had $50 in my payment processor.
If you have any other cryptocurrency or e- wallet like payeer . You can use payeer to swap for Bitcoin or use ethereum to swap for Bitcoin .
 
If you have any other cryptocurrency or e- wallet like payeer . You can use payeer to swap for Bitcoin or use ethereum to swap for Bitcoin .
I will use Payeer in future, right now I don't use it for some reason, but I am planning Payeer, Perfectmoney, Skrill all options. But My focus is getting with Payoneer, it is good to use for crypto and have less fees for high transaction.
 
I will use Payeer in future, right now I don't use it for some reason, but I am planning Payeer, Perfectmoney, Skrill all options. But My focus is getting with Payoneer, it is good to use for crypto and have less fees for high transaction.
Payeer is also good for cryptocurrency . It has platform to swap payeer for cryptocurrency . Skrill has high transaction fee ,I won't recommend that to you .
 
Payeer is also good for cryptocurrency . It has platform to swap payeer for cryptocurrency . Skrill has high transaction fee ,I won't recommend that to you .
Payeer also pays much low in comparing to market price, I do not like this, exchange sites have high rate in comparing to Payeer. While trading we have to take care of profit.
 
The recent surge in Bitcoin price presented avoid opportunity to take profit for traders of Bitcoin who bought the coin when the price was relatively lower than it's present status, for whales this means putting out a ton of Bitcoin for sale and smiling to the bank while for new investors buying Bitcoin they will need to be patient a while and hope more whales don't crash the price by panic selling in order to get a profit
 
Whales do their profit, their business, other traders have to be cautious. In a Market even whales are not safe. BTC price is going up and down, sometimes there are chance for price to go down further.
 
I think bitcoin price crashing is just a normal occurence as simply it is volatile, as alot of people will always sell or oversell their bitcoins if they can incur profits from its rise
 

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