3 Reasons For Bitcoin’s Nose Dive – Today’s Crypto News

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In this video, Mattie talks about potential reasons for the bitcoin retracement. This is a daily segment!
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References:

3 Reasons for this Cryptocurrency Market Nose Dive
https://altcoinbuzz.io/3-reasons-for-this-cryptocurrency-market-nose-dive/

Meltem Demirors on CNBC's Fast Money

CoinGecko
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3 Reasons For Bitcoin's Nose Dive – Today's Crypto News

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29 comments

  1. This will be an endless bottom till practically zero is left. The key to this gamble is timing the short upswings and cashing out in-between, like we saw with OST and XRP recently. Just be careful how much you gamble before this casino closes down.

  2. With this fork does that mean that there are now 3 coins and if you held 1BCH you now have 1 BCHSV and 1 BCHABC

  3. Where will crypto be in 3 years? At least 30k is an extremely conservative guess. With all of the foundations being built I highly doubt this will go away. All of these people who believe it will go to zero are completely ignorant. People make riches when people are scared. All of the smart investors are buying it up now. If you dont want a piece of the action just get out dorks!!

  4. +Joe F so as a none crypto investor you watch videos on YouTube about crypto. That’s an interesting hobbie you have . I am buying all the way down and will sell when it pops back to 20k next year ..it has another huge pump or 2 left in it ..

  5. +Joe F Joe this is officially the most uneducated foolish and downright STUPID statements i’ve ever seen in the crypto space! …congrats!

  6. I would say the same thing. If you compare to last years chart, around the 20th of december was all time high and then it “crashed”…

  7. Chris Bird I’m not a crypto “investor” but I am a crypto gambler. I have money still in it that’s parked in usdt for now and I try to play the swings occasionally. But this is purely online gambling.

  8. Todd Gould that’s an amazing statement to make considering I’m probably not the first one to tell you that crypto currency has no true value. It’s at best purely speculation as a store of value and at worst a complete scam. Don’t fool yourself most of these coins are absolutely a complete scam probably over 95%. Even the most positive believers in crypto don’t believe 90% of these current projects will be around 2 years from now. And you’re saying that’s not a Gamble?

  9. Well rides over fellas. Been saying this for months. Predicted $4k btc in January when all these joy boys were calling moon btc 100K!! Lol what a joke. Btc first target now $3k and next target $1k. The crypto market will collapse completely!!! Miners already bailing out in masses. Itโ€™s over folks. Party is over!!

  10. That;s assuming upward momentum. We have to keep negative possibilities in mind. Under 1K is a distinct possibility. It may go to 0. Ripple may take over in the hundreds and everything else go the sub-cent levels.

    Nobody can guess the future. We’ve tried technical, fundamental, and various other methods to try to predict markets, and all have failed. Tons of good news in terms of use cases and technology, and the markets still suffer and falter. There is big manipulation in this, an faith in the platform (as investment property), has surely faltered.

  11. Don’t try to explain it. Just as 1% will time the rapid bull in the future plus or minus a month, we are all pretty clueless as to the whens and whys if these recent drop offs. I look to the best tech and applications to see the true value of these coins and keep buying as appropriate.

  12. Ur are obviously fresh crypto trader or wannabe crypto trader probably entered in late 2017 or early 2018…your comment tells all,BTC and cyrpto started from .0000001 and look at it now after only 10 years,despite hundereds of ignorrant comments to zero/doom/toilet…comments like yours shows lack of understanding and respect for new technologies and inevitable digital money,same denial happend of internet “90,mobile phones and car hybrids,yet they conquerring the world step by step reaching every household,thats the path of crypto…

  13. It is diving ๐Ÿ™ย 
    That’s why it is a good time to prepare low market-cap project for a great gain!ย 
    There are projects like OPC where there will be a digital-store and streaming ecosystem for gamers and nobody knows about it yet.
    Great Gains to come in the Future!

  14. The reason for the sudden price crash was not immediately obvious, though some people have said panic these three reasons might have contributed to bitcoin’s fall in value.

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