Is bitcoin officially in Freefall?

I have about $300 in BTC and $200 in ETH.. Definitely will take advantage of these drops to increase my share as much as possible.. Also just put about $100 into NEO
 
If people keep buying into it seeing this fall, they will eventually prop it back up some. However, I predict that will only be a small change and it will go back down again in some time. The real question here though is why is this happening? Do you think it has something to do with the Chinese market? Perhaps their oil counter plan to the USD? This is indeed worth looking into...

EDIT:
Can a mod please ban this freaking clown? @Zwielicht
Seriously I was thinking the same thing!!!
 
https://www.blackhatworld.com/seo/insider-guide-to-btc-crypto-whats-happening-for-crypto-newbs-especially.972497/

I just made a guide, almost 6 years being on the forefront of bitcoin and crypto exchanges, i hope the knowledge i spread helps you not be shark food
 
Still can't get over buying BTC at $13 a few years back. I had 400+ coins...
 
Yeah i predicted it would bounce at 3000 with accumulation, also ETH and LTC look poised to breakout 10 percent gains from their losses by the current trend literally last hour they've been getting really strong. But remember the big issue, if the big boys know we are going to 2500, they are going to make sure to get out with the highest price possible, and this could be a small pump to sell off strong then we have the other factor that compared to the other 4-5 30+ percent drops in last year, this one is going to be prolonged and filled with massive confusion (compared with just you know regular confusion lol), chinese will be selling off steadily so i think if we get back to 3500 with support in next 2-3 days we are back to 4500 in 2-3 weeks, if we stay in the 3250 support area then i would be cautious and focus on eth ltc xrp ARK (listed by risk potential)
 
Seems like a drop has been looming for a while, there's so much hype about BTC right now so I feel like it's going to do something spiteful to the hopeful
 
BTC/USD is just below its 100 EMA on the daily chart. Let's see if there is still enough dip demand or not. Looking back, its clear that bitcoin always moved back up after touching/moving a little below 100 EMA since 2016.

KbBT6lom


100 EMA is the red line. After it, there is the 200 EMA. If we make a clear break below that, things will start looking really bad for the bulls.
 
The ban news is real this time. ViaBTC is also closing down. A dip is imminent in upcoming days. Get ready to buy BTC when it's low (2500 or something).
 
The ban news is real this time. ViaBTC is also closing down. A dip is imminent in upcoming days. Get ready to buy BTC when it's low (2500 or something).

Oh boy I love this, profit is as good as guaranteed unless the market really crashes and then we are all fucked!
 
Oh boy I love this, profit is as good as guaranteed unless the market really crashes and then we are all fucked!

It's too big already to crash by that much. China accounts for 11% or so share of market.

Also, the ban is temporary. Later, a government exchange or the same exchanges will resume under some regulations and it will boost all coins to high prices. It's temporary fall, get in whilst it's low.
 
Yeah i predicted it would bounce at 3000 with accumulation, also ETH and LTC look poised to breakout 10 percent gains from their losses by the current trend literally last hour they've been getting really strong. But remember the big issue, if the big boys know we are going to 2500, they are going to make sure to get out with the highest price possible, and this could be a small pump to sell off strong then we have the other factor that compared to the other 4-5 30+ percent drops in last year, this one is going to be prolonged and filled with massive confusion (compared with just you know regular confusion lol), chinese will be selling off steadily so i think if we get back to 3500 with support in next 2-3 days we are back to 4500 in 2-3 weeks, if we stay in the 3250 support area then i would be cautious and focus on eth ltc xrp ARK (listed by risk potential)

I think the is more an optimistic post than realising this time around BTC is in free fall....going below $3k likely by end of the day but garanteed by end of the week!! There might be some support at $3k but it will be short lived!
 
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