Why does Bitcoin sometimes crash overnight?

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HumbleGuruFull Member
Posts: 11 · Reputation: 765
#1Apr 20, 2024, 12:02 PM
This happens a lot in crypto, huh? Coin prices are just wild.
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guru_2014Newbie
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#2Apr 20, 2024, 04:05 PM
Definitely. It’s just how the market works. Demand and supply rule everything. More demand? Price rises. Less supply? Price drops. Check any market, commodities, stocks, they all do this.
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greg_ravenSenior Member
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#3Apr 20, 2024, 06:10 PM
Right? Love waking up to my portfolio either soaring or crashing. What a thrill.
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#4Apr 20, 2024, 11:08 PM
It’s common for cryptos, but not every coin bounces back. A lot just drop and fade away. But Bitcoin? It’s proven itself and isn’t just a bubble.
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tom2014Legendary
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#5Apr 21, 2024, 04:55 AM
The Bitcoin market is always buzzing. What seems like an overnight drop for you might be daytime for someone else. Time zones play a huge role in this.
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#6Apr 21, 2024, 11:11 AM
Why do you think we get midnight cravings? The market is always shifting, short-term events can shake things up.
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LoneMoonHero Member
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#7Apr 21, 2024, 04:42 PM
Wait, you think a drop from $117,740 to $116,000 is drastic? That’s like a small hiccup, barely 1.5%. Bitcoin has taken way bigger hits and bounced back.
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CryptoBitNewbie
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#8Apr 22, 2024, 02:50 AM
What do you mean by ‘overnight’? Not everyone shares your time zone. BTC is still above $118k, not sure why you’re worried. If overnight drops scare you, maybe trade during the day instead, lol.
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sage777Full Member
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#9Apr 22, 2024, 07:19 AM
You’re partly right, bigger exchanges don’t get hit like smaller ones. It’s just whales playing with liquidity. Lower liquidity means easier liquidations at night, especially in the US.
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mr_bearNewbie
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#10Apr 22, 2024, 11:50 AM
I’m not getting it either. OP needs to do some digging in related threads before jumping to conclusions.
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SilentOrbitSenior Member
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#11Apr 22, 2024, 01:09 PM
Patterns in futures trading can be a trap. Trying to predict BTC’s moves is risky. Once everyone spots a pattern, it gets exploited. Whales know how to play.
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mr_cipherNewbie
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#12Apr 22, 2024, 06:12 PM
True. Smart money flows where the profit is, not where we want it to go.
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chri551Full Member
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#13Apr 23, 2024, 12:00 AM
When prices jump, do you ever wonder why? The market’s ups and downs are just how it functions.
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stack42Newbie
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#14Apr 23, 2024, 05:14 AM
You complain about drops but what about when prices skyrocket? These fluctuations are normal. You should've known that before investing.
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samlaserFull Member
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#15Apr 23, 2024, 09:07 AM
Bitcoin can pump or dip at any hour. Your timezone probably skews your perception. Crypto’s volatility is just a fact of life.
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#16Apr 24, 2024, 03:41 PM
Not sure that’s what OP meant. In many places, ‘overnight’ just means quickly. It’s normal to see wild price swings throughout the day.
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shard_2013Full Member
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#17Apr 27, 2024, 01:32 AM
You forgot to mention your timezone. For some, your night is their morning. Bitcoin dropped when it was evening for me, then shot back up later.
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#18Apr 27, 2024, 06:55 AM
Recent drops were no bigger than 2-3%. Not a big deal for BTC. It wouldn’t drop hard without a serious market rally stopping.
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serHero Member
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#19Apr 27, 2024, 05:18 PM
It’s a free market, man. Always open, 24/7. Anything can happen.
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#20Apr 27, 2024, 06:32 PM
Exactly, anything can go down at any time. Literally.
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