6 facts and figures about the fall in the price of a single Bitcoin (BTC) to us $8.500

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In a day the bitcoin world is completely turned upside down. The price of BTC crashed in a two-hour period of time all the way down. We have provided some facts and statistics for you, one step at a time.

Contents

1. Bitcoin exchange rate

Yesterday was the day: Bitcoin came out of the descending triangle, where it’s been for us. The share price fell in the short period of time, from $9.700 for $8.200.
For the price, it is already a little bit adjusted for the $8.532. At the time of this writing, the exchange rate of the previous period by more than 13% today. The prevalence of BAC is 68%.

2. Bitcoin is ‘big picture’

In the previous Technical Analysis of this (sudden) drop by, amongst others, the Bitcoin is a Consultant forecast. He asked for the support at the 200DMA line, which is equal to $8.300. This support is proven.
Now, at 12:00 am, a new TA is expected that Altcoinbase the damage of the last day of analyzes.

In our Telegramchat had huisanalist to know the following: If you zoom out to the monthly timeframe, you can see that the price is a bit higher low need to be made, and that it is at the moment working on it.’

3. The loss in BTC

With the price drop yesterday was more than 10%. Messari was quick to statistiekje about it. Over the past 8 years (as of August 1, 2011), there are as many as 70 times, a similar decline has been.
In 2011 and 2013, the volatility is at its greatest. These few years have seen the BTC, namely 17 times, a decrease of less than 10%. In the current calendar year and the two times it happened. Yesterday, we had one face-to-face encounter.

4. Bitmex

The fall in the price of Bitcoin has to be a battlefield left behind in the market. In cryptobeurs BitMex you can get into cryptocurrencies will act to lever up to 100%.
During the dip over the course of the evening that followed was no less than a $579.900.000 to positions being liquidated. That’s a number that would not include nearly $ 600 million.

5. Bakkt on the decline

A lot of cryptobezitters called (and hoped) that the Bakkt as a catalyst for the market. There was a further increase to come in, and the price would be through the opening of the 23rd of september, up. With the wisdom of hindsight, it appears that the opposite is true.
The investors Bakkt have to drop the price, of course, also be treated. On the site of the ICE to see what the price of BTC is, and how many contracts have been concluded.
In the first 24 hours, and there were 71 in the BTC contracts, but in the mean time, the volume level on the 216, BTC. Thus, it seems there is slowly more interest to come.

6. Koersindicator bitcoin

The day before yesterday, we have to BitcoinMagazine, the SOPR koersindicator will be explained. With this indicator, you can verify it by BTC, with a loss or a profit be sold.
This is in order to be able to be done due to the onchain data from the bitcoin blockchain to analysere. A value of 1.0 indicates that the market is at a break-even point is.
What do you find? We’ve just had this new indicator the lowest point in the month. A lot of people are in a panic, their BTC is being sold. Here you can read more about the psychological indicators.

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