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RE: So what are some of the factors that cause Bitcoins price to flash crash

in #bitcoin7 years ago

You're right... I heard all of this bear market was caused because some whale dropped 400 Million in btc.. just one whale can do this imagine what a few can make.. Holy $%&#

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6-7000 bitcoins being dumped all at once can cause a severe ripple effect. Such as Stop loss triggering, which causes a cascading dump.

Indeed.. eventually the market will recover and we all can go back to earnings again ;D

Yup and if you bought in, you get quick profits.

I bought at the beginning of the crash because i though it was a dep so I bought.. now I'm hodling them xD

Nothing like forced hold.

yeah well... soon it will become bullish again ;D

Now against the news of SEC and Binance there was a fall!And tomorrow he will fly again!;)

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