Bitcoin Drop 8% in last 24 Hours ! by askquestion

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bitcoin · @askquestion · Aug 4 '18

$57.05

Bitcoin Drop 8% in last 24 Hours !

Hello Everyone!

Good morning have a nice day .

Bitcoin drop almost 8% from 8300 to $7300 in last 24 Hours .

i d'nt know about Bitcoin but hope so bitcoin will hit 15K to 20K in the end of year .

Hope for the best .

![](https://cdn.steemitimages.com/DQmQN6xWHDGFwaJ6agGDmEK7k88DM2FdLSimninY1x6zfEt/image.png)

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![DQmeAKKRJdn2Dm6qkU4zGCo62Dgbog5TQ2d6NZix71eKtKL.gif](https://steemitimages.com/DQmeAKKRJdn2Dm6qkU4zGCo62Dgbog5TQ2d6NZix71eKtKL/DQmeAKKRJdn2Dm6qkU4zGCo62Dgbog5TQ2d6NZix71eKtKL.gif)

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<h2>Thank you ! @askquestion</h2>

</center>

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@amr008 · Aug 4 '18

20k seems unrealistic for me but yeah buying now is a good idea because it will increase by the end of the day.

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@boomerang · Aug 4 '18

This post has received a 12.41 % upvote from @boomerang.

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@bumshak · Aug 4 '18

We just fell to 7k. Damn that was a sharp drop. Alts losing also in value :(

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@darrenych86 · Aug 4 '18

it is gonna be a long winter

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@jrscreamtv · Aug 4 '18

I don't care bitcoin.Because I haven't.But If I have bitcoin,this news can be bad for me.

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@postpromoter · Aug 4 '18

re-askquestion-bitcoin-drop-8-in-last-24-hours-20180804t061639623z

You got a 21.52% upvote from @postpromoter courtesy of @askquestion!

Want to promote your posts too? Check out the [Steem Bot Tracker website](https://steembottracker.com) for more info. If you would like to support the development of @postpromoter and the bot tracker please [vote for @yabapmatt for witness!](https://v2.steemconnect.com/sign/account-witness-vote?witness=yabapmatt&approve=1)

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@rohit786 · Aug 4 '18

@ askquestion really dont understand what is happening with bitcoin.few days earlier it seems that bull run has started. hope so bitcoin will hit 15K to 20K in the end of year .

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@stevewakeham332 · Aug 4 '18

After the mainly bearish week, it appears we could see price finishing the week off strongly. Over the next few hours we could see price test the strength of resistance around the $7,500 level. Previously this region has created a nice support and resistance for price, aswell as the major resistance level at $7,600, the next 24hrs are very crucial if price is to push higher.

The 4hr timeframe highlights the significance of the levels around price, I believe we could see a push higher to test the $7,500 region over the next few hours, once this scenario forms it will show clarity of which direction price may follow in the short term. If price is to close above this level we will potentially see a surge towards the $7,600 region. However if price is to be rejected at $7,500 we could see price slip back down to $7,200.

![Screen Shot 2018-08-04 at 6.15.38 pm.png](https://cdn.steemitimages.com/DQmds3basaA1W5fMGiJRhL5rv1vmWMcgKcrhZ8xqiD4M2EB/Screen%20Shot%202018-08-04%20at%206.15.38%20pm.png)

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@valth · Aug 4 '18

$0.05

It was only close to $8,500 because of a pump that messed with the values. If you take a look at the graph, then you can see that it has not fallen 8 %.

👍 mejustandrew, amirtheawesome1, bitcoinbarometer

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@newlife2016 · Aug 4 '18 (edited)

Last week I commented  it's moving into my favor 
Higher high to now lower low
targeting

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