Bitcoin Dumps Below $60K - What's Next?

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Bitcoin is dumping hard today, dropping below $60K, as miner and government sell pressure mixes with fear on the news that the long awaited Mt Gox market dump will take place next month. Are we heading lower?
Despite the price collapsing, Bitcoin continues its rapid adoption and recognition outside of the United States and comes to the center stage in America as inflation becomes the number one concern heading into the election. Time to buy the dip?
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Опубликовано:

27 сен 2024

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Комментарии : 86

@Swan_Bitcoin 3 месяца назад

WARNING: Beware of the scammers in the comment section that use Swan's image and name. We will never ask you to contact us through RU-vid. If you have any questions and want to reach us directly follow our Twitter @SwanBitcoin and send us a message.

@kirkD9349 3 месяца назад

Bought twice today as it kept dropping. Great chance to add at lower prices. The fact the governments sell, rather than hold BTC tells you how clueless they are.

@MikeNapoli1989 3 месяца назад

Guys, relax. Bitcoin is going to be fine. People are panic selling. The only way you will lose is if you sell. I bought a lot of it lost month, wish I bought this month. Oh well, at least I’m in is what matters.

@CalvinGroover 3 месяца назад

Sniped at 58.9 today 🙌

@TheBitcoinBoomer327 3 месяца назад

Forget the Bitcoin price. Nice shirt!!!

@DadyTomorrow-qi9bo 3 месяца назад

Bitcoin is a game of gambling, buy gold is better

@stevenoak-Elbitcoinero 3 месяца назад

Yes, I bought the dip and hope that it goes down a bit more for more sats for the buck.

@jackbradshaw9027 3 месяца назад

I bought $100 more at 61k

@DadyTomorrow-qi9bo 3 месяца назад

Buy gold is better

@claypeter1402 3 месяца назад

Stay humble and stack those sats

@DadyTomorrow-qi9bo 3 месяца назад

Buy gold is better

@Judson-p9v 3 месяца назад

don't be a dip, buy the dip!

@dek2000utube 3 месяца назад

Thank you for helping me understand the forces behind the drop.

@jackbradshaw9027 3 месяца назад

On sale buy and HODL

@DadyTomorrow-qi9bo 3 месяца назад

Buy gold is better

@lewispaine4589 3 месяца назад

What's next? Me buying the dip to make up for my selling during the last dip.

@DadyTomorrow-qi9bo 3 месяца назад

Buy gold is better

@grahamp2334 3 месяца назад

Didn't buy the dip because already filled the bags during the last bear market (much cheaper even than today's low)

@LionelThring 3 месяца назад

Dante does it again!

@vmac6589 3 месяца назад

Thanks Dante!

@cathompson58 3 месяца назад

Need US capital market manipulation out of BTC ... retail has enough power to reverse everything they do if we band together and move as a unified force

@Hat6000 3 месяца назад

I only wish I could buy the dip, but I will continue to patiently await the next parabolic run.

@astridgalactic9336 3 месяца назад

Get ready to buy! 😎

@lindaabernathy4876 3 месяца назад

It'll be just fine

@MikeNapoli1989 3 месяца назад

Exactly

@OMGWUNSIU 3 месяца назад

Bought more today

@CAMcCoy 3 месяца назад

If you have German BTC or Mt Gox BTC you’d have to be freakin’ nuts or desperate to sell before next December at least - and even then, just skim a bit of the cream and wait it out. It’s only a matter of time before you are fab wealthy! 😊

@dsflat6785 3 месяца назад

News that Mt Gox circa 141,000 BTC and BCH will be returned early in July... It will be interesting if we see some of the early Bitcoin adopters were big blockers and sell BTC to buy BCH (1 to 170 ratio) Fascinating few months ahead for small blocks v big blocks Bitcoins

@JimJamJuicy 3 месяца назад

When is Swan coming to Australia? I could really do with you guys

@BC-nl9ph 3 месяца назад

All Swans belong to the Royal Family.

@JimJamJuicy 3 месяца назад

@@BC-nl9phgood one 😂 yet I’m a republican 🤷‍♂️

@TheStevethebungee 3 месяца назад

Bought the dip

@graceandpanic9281 3 месяца назад

Always something new that coincidentally wasn’t mentioned before. How convenient.

@josephchang1289 3 месяца назад

bad birdie. lets golf

@Shinehead3 3 месяца назад

Sweet Delicious FUD 😋 Finger Lickin Good 😊 Shout to all the Satoshi Stackers out there that understand BTC and DCA 😊

@formetoknow540 3 месяца назад

Nothing has changed tick tok next block nobody cares we buy the highs and lows and them people say we are soo lucky but don't understand the journey

@dsflat6785 3 месяца назад

@EddieK007 3 месяца назад

MT Gox has been supposedly dumping big since 2017 LOL...Its always same thing as every bull cycle approaches.

@AmyDehner 3 месяца назад

Love your shirt! I bought the dip

@MrRight-fu1gf 3 месяца назад

Nice to have Bitcoin below 50,000 again. If not I’m not buying! Bought most at 40,000 then it dropped to around 20,000. Bought another 2,000-3,000 at that price. But I’m buying Bitcoin above 40,000. I’ll probably buy after the next crypto winter when it’s 70,000. 😂

@bitcoinpoemspro1406 3 месяца назад

Thx Dante

@davide8982 3 месяца назад

45k +/-, that’s my bet. Let’s see what the seizing of Russia money by EU will cause on the €, plus miners selling, plus war escalation and BRICS huge uprise… it can get even lower I guess, but it will then rise and become the the global currency standard.

@MexicaHODL 3 месяца назад

I dont understand how all these institutions buy thousands and thousands of Bitcoin and price stays stagnant. Is the price being manipulated?

@tyshum2010 3 месяца назад

Buying otc

@FromTheMosh 3 месяца назад

The price is always what people are willing to pay and willing to sell for which is guided by fear and greed. If you look back you will realise that this is (so far) a very small drop from the last peak with previous drops as low as 40 percent. If you're in this for the long haul (6-10 years) you really have nothing to worry about 🙂.

@MexicaHODL 3 месяца назад

@@FromTheMosh this does not explain why inflows are in the millions of dollars scooping up Bitcoin but price is stagnant. I think this cycle too is in already

@FromTheMosh 3 месяца назад

For someone to buy at a price someone else has to sell at that that price. There is no secret magic going on here.@@MexicaHODL

@ImperialMisano 3 месяца назад

I buy the dip !!!!

@CletusEinstein 3 месяца назад

Dante, love your stuff but really ... is the price "collapsing." C'mon, you're way better than that :)

@nubbles162 3 месяца назад

Bitcoin is for the poor, not the lambo lovers. Expect it to drop before it rises.

@MrKarelKosa 3 месяца назад

with 40B daily volume 10B is like nothing 😂

@jenniferl8714 3 месяца назад

Webinar on Thursday or Wednesday (as image says)?

@DanJohnsonAffordableAviation 3 месяца назад

Dang! You're pretty good at this. 😎 Loved the way you skipped through the deliciously humorous list a bit faster; very pro, Dante. …CU@PB24

@nunocosta-vt5xq 3 месяца назад

Witch price will bit go if 9 billion get s dump? 40? 45?Do pls come to papa..yumi

@dsflat6785 3 месяца назад

@sgonged 3 месяца назад

Below $60K - What's Next?: This hot trash goes to $0.

@marceldekker2149 3 месяца назад

To zero in a big crash 100% liability Not TER 1

@critterdude311 3 месяца назад

Back the truck up 🚛

@amehfavour710 3 месяца назад

Interesting, thanks. Sorry if this is off topic, but I have a question: I have USDT in my Okx wallet, I want to withdraw it to Binance. But I don’t know how to do this correctly so as not to send them somewhere without a trace.. There is only a phrase for this wallet: head isolate sound end kit industry choice festival limit stable dolphin derive. Can anyone describe how to do this correctly and safely?

@disco4535 3 месяца назад

This is going to happen over and over and over. The price will always be hardcapped. Its basically centralized at this point and manipulated. Its always "after this unforeseen event, were mooning boys!!"....until the next macro event. The best isnt always what survives in the market. BTC might be (or I should say "was") the superior asset to put your money into. That does not mean it will be 5 years from now, or that it wont collapse entirely.

@dsflat6785 3 месяца назад

@georgezhu1573 3 месяца назад

Why is his right bicep so much more jacked than his left?

@davidmccraw6655 3 месяца назад

Chronic Exacerbation

@Ogrem 3 месяца назад

6% in 24 hours is NOTHING! Buy the dip for ants.

@randylewis4402 3 месяца назад

The Dante analogy was awesome!

@dust921 3 месяца назад

RFKjr gets my vote for the most pro crypto runner trump can talks smack BUT RFKjr will school him in a real debate about crypto100%

@BaydreamR 3 месяца назад

TY DC! Always great stories here.

@FromTheMosh 3 месяца назад

The lower it goes the more excited I get. I'm in this for 10 years and buying every month and harder on dips.

@retrobeaver167 3 месяца назад

Bring on the dump! Stacking under 60k is a gift, don’t squander it.

@wesleywilliams8129 3 месяца назад

What a gift!! I hope i can get mych more during this dip.

@MrLawman82 3 месяца назад

Yep, bought more at 59.

@felixloveseat 3 месяца назад

Shaking off the fleas

@leeleelee0054 3 месяца назад

B T F D

@ANBTMPS2 3 месяца назад

just stack for q4

@JohnTurner313 3 месяца назад

If you DCA with daily or weekly buys, you buy all the dips!! Set up a recurring buy with auto-withdrawal to self-custody cold storage and stop worrying. Add in a smash buy every once in awhile when you get some extra funds. Go on with your life and reap the benefits of your patience in a few years. Your grandchildren will thank you.

@wjking5219 3 месяца назад

The anti-bitcoin administration just pivoted, but it's too little, far too late. They've been at the helm for nearly 4 years and have gone out of their way to be as anti-crypto as possible (see Gary Gensler). Their time is up.

@felixloveseat 3 месяца назад

bought at 58