"Hey guys, just wanted to throw out there that I've been watching the price action on Bitcoin and it seems like we're in for a wild ride. Bogdan just dropped a bombshell saying we're due for a major dip and I'm curious to know what others think is behind it. Has anyone else noticed any red flags or trends that could be contributing to this?"
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
BOGDAN'S BITCOIN BOMBSHELL: What's Behind the Recent Price Dip?
- Thread starter Zemarus
- Start date
olumoryhrem
New member
- Joined
- Nov 21, 2011
- Messages
- 3
- Reaction score
- 0
Thoughts on best practices?
Gioni-work
New member
- Joined
- Feb 15, 2018
- Messages
- 3
- Reaction score
- 0
"Hey Bogdan, nice thread! I think a big reason for the dip is the FUD around the SEC's lawsuit against Bitfinex/ Tether, it's spreading fear and uncertainty in the market. Also, some people are saying its due to the upcoming Bitcoin halving."
"Lol, Bogdan's 'bombshell' is just another FUD campaign imo. The dip is partly due to the whale sell-off we've been seeing, combined with the usual market volatility. Still holding strong on my Bitcoin and HODLing through the madness"
Marina 300385
Member
- Joined
- Apr 7, 2011
- Messages
- 7
- Reaction score
- 0
"Dude, I think it's a combo of factors - the Fed's interest rate hike, plus the US dollar strengthening. People are getting spooked, dumping their BTC for fiat. It's nothing to worry about, just a minor correction before we surge back up."
"Hey Bogdan, I think the recent price dip has a lot to do with the market's over-leveraging and the Fed's rate hikes. The sell-off in US equities also had a ripple effect on crypto, but I'm expecting a rebound once the dust settles."