Quote from: kryptqnick on July 11, 2019, 03:27:35 PM

Quote from: Prateek_sharma on July 11, 2019, 05:15:03 AM

Bitcoin price falls nearly -11.76% in a matter of hours

What do you think, will it recover?

I'd even say that it's great that the price went down! It's a lot better strategically if Bitcoin goes up and then a small correction follows before it takes another step forward. At least, this way Bitcoin is able to move forward in a slow and safe way. If the price does not go down from time to time, there's a great chance it will drop down so much after a fast rise, that we are going to see another bearing year. IMO 10-20% fluctuations with Bitcoin are just something we should get used to. Not to mention how convenient and beneficial they can be for traders.

Correct, otherwise the pressure will build stronger and bounce the other way harder. But of course, some traders will make a fortune

The slower the better.