Now it happened so, however, the calm before the storm discharged in a deep-red course-Disaster and crashes the Bitcoin price below the important $ 8,000 for brand. In addition to BTC, especially the Altcoins and hot candidates like Ethereum or Cardano pay tribute to their recently stronger days now. The big question now is whether it is only a “Quick-Dump”, the remainder of the 7.500-7.600 USD or we will see even deeper abysses to the Bitcoin exchange rate. At this point it should be said that neither panic still attached to hard optimism here. So, we are looking at the most recent analysis, and the course and make ourselves a picture.
Contents
Bitcoin price falls significantly below the least stable of 8,000 USD brand
It had been initiated in the last days. A further decline in demand for Bitcoin & Blockchain issues in combination with low trading volume are probably only rarely a good combination. Today the Bitcoin price plunges below the important mark of 8,000 USD, and must, like all other crypto-currencies feathers. BTC has declined by more than 6% and reached almost $ 7,500 to $ brand.We see a tremendous increase in trading volume, which pushes the Bitcoin price down. Currently, the course seems to catch and re-resting phase. A picture of what we can already observe in weeks the Bitcoin exchange rate and an indication that big players move the price is currently at will. So, what’s next? We look to the rest of the market, in order to make us a better image. There is also space for hope, however, if we look at the same again, our recent analysis.IMPORTANT: Please do not bring short-term Pumps and Dumps from the concept and think of a long-term Trend. At low volume, the rates are very volatile.
Ethereum course, Cardano course and other Altcoins see even more red
As is so often the Bitcoin exchange rate is almost the winner in this major slump. After all, where Bitcoin is the springs, throw the Altcoin HODLer, like any towel, and let the sales rain. So today, because while BTC drops significantly, to show the Altcoins even weaker. Cardano and Ethereum lose next to IOTA and other Altcoins clearly diving the overall market into a deep red, whereas the Bitcoin domination, even slightly, to 66.2% of the gains.Not a pretty picture but also of the current evidence for the tense market situation and the decreasing interest in Bitcoin & Altcoins. This is also the Fear and Greed Index, of the device in the panic mode.Bitcoin buy now? In the case of Kraken, of course. Easy. Sure. Top.If you’re thinking of supposed to where you can buy Bitcoin there is no way to Kraken in the past. The Bitcoin exchange is one of the most reputable and safest companies in the industry. Who has a Fidor Bank account can make deposits even on the same day. More security is not! Start now!
Bitcoin follows “Falling Wedge” Formation, or it goes further downhill?
The question of how it could go now for the Bitcoin course, the columns, of course, the spirits. While a, say a much deeper crash by the Miner to surrender in advance, there are also optimists among the traders. Felix, for example, has pointed out in his last Video on the “Falling Wedge” Formation, which says exactly this movement and to lead a short-term counter-movement in the Bitcoin exchange rate could. A Trading Opportunity?In particular, optimism on the Trading opportunities you should not look but also on the overall situation, which currently looks positive. Here is much more than a Short-Term Trade seems out of the question. Christmas, I guess honestly no higher rates than it is today, but what is also in order, especially with regard to performance over the year. More on that later.
The Bitcoin Exchange Rate – Realism, Pessimism, Optimism
Anything and everything that falls rises again. A wisdom that applies well also to the Bitcoin exchange rate better than many other Assets. We have already this year a wild Ride behind us. A “crash” of BTC would certainly not be the end of the world and that will attract self-regulating Bitcoin Ecosystem is sure to be back soon for more Miner.Realism, Alone, is a look at Google Trends solidified the impression that Bitcoin and the interest in Cryptos is abating just. Who should buy the dumped Bitcoins on the market currently? A Phase we know from 2018 to well, but from a new “Crypto Winter” we are still far away.Optimism: especially the view on the long-term Trend by Halving and further optimizations of hope and, above all, you want more. To expire here in a panic is so completely out of place, unless you put a house and a car in a Long Position with BitMEX. Scorched earth leaves behind fertile ground for new growth, and as I see it the Bitcoin exchange rate. We must fall before we can rise again.Long story short, the long-term trend from the Bitcoin price change a day like today, nothing. With a healthy and long-term strategy, opportunities will arise due to break-ins again and again. Anyone who invested, for example, in the Cost Average, takes such outbreaks to the bottom always. Invested and Wisely, do your homework and take responsibility for your Investment, the Rest is for you to leave the course and will look at the end of 2020 better than it is today. #nofinancialadviceAuf rising or falling share prices? No Problem with Plus500. Sign up today and try it for free!76.4% of all CFD retail investors lose money.Bitcoin exchange rate from further crash or an outbreak comes? Come in to our Telegram Chat and talk with the experts and the Community. Subscribe to our News channel to not miss any News. [Image Source: Shutterstock]