Bitcoin surges past $13,000 then sheds about 13% - CNNsteemCreated with Sketch.

in dlike •  5 years ago 

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Bitcoin could be headed for another meteoric rise, but it's clear the cryptocurrency hasn't shaken the curse of volatility.

Read somewhere that the price swing was equivalent to s&p dropping 500 points in 5 minutes. Markets world lose it.


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Its just another day in the wonderful world of cryptocurrency. Either you're on the winning side, or you're on the losing side of the game. It seems the newbies tend to find a reason to complain about the ups and downs while the season traders buy the dips and end up making out good returns because they understand the market. I am patiently waiting on bitcoin to surpass its previous high of 20K which will be here sooner than we think.

Yeah, that's common consensus even on CT. Just a more easy ride would feel legit.

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I'm really glad this happened. We were going up too fast, just like in December 2017. Now we can (hopefully) have some more organic growth.

Yeah, the straight line up was scaring me too. It was like breathing in, without breathing out.

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At the time of my writing, the BTC price is back above $13000. For now, the bullish trend is still very much intact.

Yeah, i also this these 18% 20% corrections are healthy. But i was getting worried about such a sharp increase.

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