Why is crypto crashing again?

[NicolaeP]

Because is crypto!

 

[CloakerLy]

Too lazy to go after the new news? What's going on this time? Bitcoin was doing just fine 2 hours ago.

It hit pretty decent resistance, did you expect it to keep going up nonstop? it will make a retrace now, and if the market is still bullish, we go 25-30k for sure.

 

[cct]

-4.63% over the past 24 hours is no longer considered a crash !!! Be ready, fasten your seat belts, it is the new era of the big whales. Accept this -4.63% over the past 24 hours as to be (nowadays) a "USUAL"volatility.
For those of you who have traded Bitcoin long, especially with leverage, expect severe turbulences ahead.
Bitcoin will be around US$8000 by end of this year 2023. Those who will short Bitcoin now (no leverage please), will do a neat 3x by end of this year 2023. (As usual, seek your own independent financial or professional advice and NEVER go as per what anyone mentions in any forums and be careful, this is crypto, so even your own professional crypto "adviser" may be unreliable, as it is the new era of the big whales).

Same copy-paste bullshit over and over again! Don't go to twitter boi. never again!

 

[Deleted member 657006]

A lot crashing

https://decrypt.co/121026/crypto-market-sheds-bitcoin-ethereum-prices-sink

 

[BlackhatSatoshi]

Too lazy to go after the new news? What's going on this time? Bitcoin was doing just fine 2 hours ago.

You just need to check Bitcoin dominance buddy



Bitcoin Dominance is now at the support. Keep tight stop loss in all altcoin positions as we may see a bounce from here. Bitcoin also breaks the uptrend channel and altcoins will dump with BTC.

 

[PrettyToughJob]

still doing fine as of the moment.

 

[AlexanderTheGreat]

Yep



I guess I asked midway through the dump



Nope just enough for weekend beer



There always seems to be some reason tho



U right. Big pump coming IMO



Thank you I need it to pump before 6 o clock so I can buy weekend beer

I shortened btc right after your post yesterday, lol
+143%

 

[Chris Newman]

I shortened btc right after your post yesterday, lol

To always make money in crypto, always go the opposite of what @bartosimpsonio 's feelings of crypto is (on an ongoing basis).

 

[moonswamp]

there is a news that US gov want to ban the crypto

 

[AlexanderTheGreat]

there is a news that US gov want to ban the crypto

Super timing to short crypto, lol

 

[Anas90]

Btw thanks for the great tip! Have just recently shorted BTC and already made a good profit lol

too corny lol

 

[Blackbeans7167]

its normal, just go take a beer and enjoy the time!

 

[Sol]

this is why.

 

[Blackbeans7167]

View attachment 242569
this is why.

HAHAHA Jim has been the best SIGNAL ever in history!

 

[New to SEO]

The whales are playing with our minds again

 

[Gogol]

Too lazy to go after the new news? What's going on this time? Bitcoin was doing just fine 2 hours ago.

Just market cycle I guess. I am holding avax which got fucked in this as well. I will hodl.

As someone rightly said - Those who do not need to earn from share market and crypto ultimately earn the most. Don’t panic sell guys!!

 

[CloakerLy]

I shortened btc right after your post yesterday, lol
+143%


View attachment 242558

lol 100x ?

 

[daryn]

Coz it can.

 

[AlexanderTheGreat]

lol 100x ?

nope, i wish lol.

just +143%

 

[Toz]

Too lazy to go after the new news? What's going on this time? Bitcoin was doing just fine 2 hours ago.

Because some guy, who is big in the crypto space, went on Twitter to repeatedly Tweet about something he heard that involves a 3-letter agency and staking cryptocurrency.

Morons went into crazy-mode. The whole thing went viral.

Then, it was said that "tomorrow", that agency will make their big announcement. That agency then did make their announcement, which was not at all that Person #1 thought it would be.

Turns out, another exchange is allegedly doing sketchy things with people's money.

That agency fined that exchange. Meanwhile, people still haven't settled down.