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The effect of a stock market correction/crash on cryptos? 4 replies

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Is Bitcoin about to crash?

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  • Post #321
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  • Feb 9, 2021 6:35pm Feb 9, 2021 6:35pm
  •  cat
  • Joined Oct 2010 | Status: Member | 5,441 Posts
Three years ago I called the big BTC crash on this thread. Now I'm not calling another one, just drawing attention to this whopping diversion pattern on the Daily chart.

Not a great time to buy me thinks!
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  • Post #322
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  • Feb 10, 2021 8:29am Feb 10, 2021 8:29am
  •  cat
  • Joined Oct 2010 | Status: Member | 5,441 Posts
So, BTC down $3,400 since the Tesla pump, and I think set to wipe out all of those gains during the next few days.
 
 
  • Post #323
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  • Aug 13, 2021 9:15am Aug 13, 2021 9:15am
  •  james1254
  • | Joined Sep 2015 | Status: Member | 1,232 Posts
I think another crash is inevitable in the long run. The crackdown in China really hurt the industry - the volumes are down a shocking 31.5%.
That kind of loss of interest would inevitably lead to another drop.
 
 
  • Post #324
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  • Aug 13, 2021 11:26am Aug 13, 2021 11:26am
  •  ar007
  • | Joined Sep 2009 | Status: Member | 56 Posts
I think it's a lagging data. It's already flipped to positive. It may be technical downside movements, but not a crash.
 
 
  • Post #325
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  • Nov 7, 2021 5:38am Nov 7, 2021 5:38am
  •  momo3HC
  • | Joined Feb 2019 | Status: Member | 174 Posts
I like to see such threads and resurrect them. What happened with the crash?
 
 
  • Post #326
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  • Last Post: Nov 11, 2021 3:38am Nov 11, 2021 3:38am
  •  Fibonaccifx
  • | Joined Feb 2011 | Status: Member | 39 Posts
Is these last 4 weekly candles saying a crash is coming? We had a hammer, then some kind of Doji, now we are forming another hammer. Can BTC go up even if these candles say we are hitting ceiling?
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