Watch as Bitcoin Price drop by $1,000 in split seconds by coingecko

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· @coingecko ·
$1.52
Watch as Bitcoin Price drop by $1,000 in split seconds
# Freefall

The Crypto Market is volatile, as demonstrated in the instance below. 

For some context, what you're seeing is the sped up snapshot trading price of Bitcoin ([BTC](https://www.coingecko.com/en/coins/bitcoin?)) on [Bitstamp](https://www.coingecko.com/en/exchanges/bitstamp). The price of Bitcoin went from $7,700 to $ 6,250 (an 18% drop) before traders quickly pick up on the firesale and brought the price back up to $6,810. While the drop didn't exactly happen in literal split seconds, such volatility would still be mind-blowing to the traditional trading space.

![ezgif.com-video-to-gif.gif](https://cdn.steemitimages.com/DQmVLLaXd2wo3rtd4TUcgdGZptxEaqXP2ifpwEy4Ts38N6R/ezgif.com-video-to-gif.gif)

## This is the wild west

The cryptocurrency trading space is highly unregulated when compared to its counterparts, always be on your toes when trading on cryptocurrencies where any losses (whether by malice or sheer dumb luck) is permanent and irreversible. 

For coin research and live data monitoring across all the sources in 1 place, always choose [CoinGecko.com](https://www.coingecko.com/en) as your best friend.
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@maxdevalue ·
I personally choose

https://www.coingecko.com/en

Posted using [Partiko iOS](https://partiko.app/referral/maxdevalue)
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@steevc ·
$0.30
I don't have the nerves to play the trading game. I see people drawing pretty lines to show where the price will go, but they never seem to predict drops like this. Must be some serious volume to make it shift like that. I've heard that Tether are being investigated after buying lots of btc with what they mine. I think some coins will collapse in time when it's found they have no substance.
👍  ,
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@amahovac93 ·
$0.21
Great time to buy more.

Posted using [Partiko Android](https://partiko.app/referral/amahovac93)
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@newageinv ·
$0.25
Incredible indeed but the amount of whales that are able to move markets are more than traditional markets so really should not be a surprise at this point!

Posted using [Partiko iOS](https://partiko.app/referral/newageinv)
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@coininstant ·
$0.21
Coingecko show us the price going back up the $1000 too!
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