Quote from: Botnake on March 31, 2020, 05:09:07 AM

Quote from: TrevorS on March 30, 2020, 09:11:41 PM

Quote from: sujonali1819 on March 16, 2020, 07:58:51 AM

Price is dumping again and now BTC is trading around 4800$. Its very possible to hit again below 4000$. If Btc will not recover soon from current price to above of 5000$ we can it will hit again to 3884 even less. I can not understand actually what are happening with markets.😥

Everything is obvious. All markets are in recession, and the cryptocurrency market is with them.

If prices fall, large market makers sell their assets, then they believe that it is more profitable for them than trying to keep the price at a level,
because in the end, in a panic, they will sell bitcoin in the first place turn to save the value of other assets.

Can't agree with that, if crypto is with them, so crypto should drop easily because we are connected with the stocks.

I guess what is happening right now will explain that crypto are not correlated with stocks, we have some good uptrend today, and that's the beauty of crypto as it rises even when there is a global crisis.

Botnake you have a point, crisis is everywhere but crypto-currencies gained few points in the last couple of days. People make connections
between stock-market and crypto-market, I believe that people sell one to buy other, and otherwise, money is flowing from one to other and
that is normal. We all read here buy the bottom, someone need to sell something in order to buy something else.
Bitcoin is holding the level over $6k, can this be a new bottom?