Bitcoin Drops to $10K Amid Worst Single-Day Loss in a Month | Crypto Craft

  • Bitcoin Drops to $10K Amid Worst Single-Day Loss in a Month

    From coindesk.com

    The cryptocurrency markets were flashing red again on Thursday after bitcoin (BTC), the world’s largest cryptocurrency by market capitalization, fell by more than $900 in 24 hours. On August 14, beginning at 12:00 UTC, BTC began to fall sharply from $10,862 to as low as $9,888 before traders bought the price back up above $10,000. It marks the worst single-day loss since July 16, approximately 30 days ago. However, BTC’s price has successfully defended a sub $10,000 close on yesterday’s trading period and is currently changing hands at $10,084. The move down was also accompanied by a large surge in total ... (full story)

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yg10
Aug 15, 2019 12:38pm
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Hmm, worst day in a month. Stock market indices had worst day in a year Aug-05 and second worst yesterday.
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Hasher
Aug 15, 2019 4:21pm
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Quoting yg10
Hmm, worst day in a month. Stock market indices had worst day in a year Aug-05 and second worst yesterday.
Shhhhh no one needs to know about context.
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g-force
Aug 14, 2019 9:21pm
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Timely buy opportunity or beginning of a sell off?
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Doji-Star
Aug 14, 2019 10:00pm
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Quoting g-force
Timely buy opportunity or beginning of a sell off?
I'm wondering the same thing. I just made a deposit into coinbase and I'm really wondering if now is the time to buy.

Here's the thing... A lot of people are calling for BTC 20k or 100k or another really high number. The thing that concerns me is the possibility that this last run up was putting in a lower high. Scary thought. :/
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