I think Bitcoin is heading for the usual Sunday night drop. I'd say 7k was not unlikely in say 12 hours or so time. Not maybe low 7k but 7k. And the volume looks very low.
You have a wrong prediction, what makes you think that bitcoin will have another drop? I don't think that we will have another bitcoin price drop this Month. It is not dropping this Month, it is more likely to increase because I think, some bitcoin investors get back to invest their income here and not in some altcoins again because they see another good prediction this year that it will increase again. 
Topic: 7k by tonight Sunday - page 2. (Read 279 times)
bitcointalk is in serious need of a new Newbie Jail again to eliminate all these random newbie guesses that they try to pass as "speculation" just because they wish to see a lower price so that they can fix the mistakes they have made back when they themselves listened to a random guess made by a newbie trying to fulfill their own wish!
So we didn't drop 26% in half a day, big surprise. 
I'll admit lower time frames have been looking a bit drippy, but the downside momentum is weak. And I'll note that alt charts are generally bullish vs. BTC, which is a good sign. It means people are looking for riskier assets rather than cash.
I'll admit lower time frames have been looking a bit drippy, but the downside momentum is weak. And I'll note that alt charts are generally bullish vs. BTC, which is a good sign. It means people are looking for riskier assets rather than cash.
I think Bitcoin is heading for the usual Sunday night drop. I'd say 7k was not unlikely in say 12 hours or so time. Not maybe low 7k but 7k. And the volume looks very low.
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I think Bitcoin is heading for the usual Sunday night drop. I'd say 7k was not unlikely in say 12 hours or so time. Not maybe low 7k but 7k. And the volume looks very low.
Even though the markets have been quite sluggish, without much movement upwards, we simply haven't seen anything that even came close to a drop of this size.
$9.5k to $7k in one day would be a 27% drop in less than one day. We haven't seen that even in the most bearish state of the dumps at the start of this year. Flash crashes like this are extremely rare, and there is definitely nothing to suggest that it's going to happen today.
Bitcoin could possibly correct down to $7k or even lower, after this rally is over. There are no guarantees, but it's going to be gradual if it does happen. No way it's happening in one day, since there is still a ton of support at both $8k and $9k levels. And the only reason I think this has a chance of happening, is because the market sentiment seems slightly bearish still, and we don't seem to be ready yet to get into a fully bullish market.
I think Bitcoin is heading for the usual Sunday night drop. I'd say 7k was not unlikely in say 12 hours or so time. Not maybe low 7k but 7k. And the volume looks very low.
What made you think for that to happen? Do you see fuds, bad news, bad huge sell, etc? Maybe your still not convince with these slow pumping movements but for the fact that the ambiance of crypto world is so green then $7k is so impossible to came.
My prediction for bitcoin will surely go for 11,000 by next month.
I think it will drop because of trends and the trend is downwards I'd say but I might be wrong of course.
No one would believe you if you have no proof to show us. Saying that the trend is downwards is not a valid reason for one to predict a bearish trend. For instances what news do you think would drive bitcoin price down tonight? You need to back it up by news if you were to speculate via fundamental analysis(like what you have done) but it would be better if you can provide a technical analysis as well.
I don't think everyone should believe me. Anymore than people who bought at 20k and believed the only way was up. . I think it will drop because of trends and the trend is downwards I'd say but I might be wrong of course.
I think Bitcoin is heading for the usual Sunday night drop. I'd say 7k was not unlikely in say 12 hours or so time. Not maybe low 7k but 7k. And the volume looks very low.
I can bet my entire life to prove your theory wrong as this is a pretty ridiculous theory without any proper evidence or any market analysis, just a few lines and you think that everyone would believe what you are saying. I also know that bitcoin is a little bit down today and can go more downward but I don't think that bitcoin would go down to $7k per coin. There would have to be something pretty big news against bitcoin like any ban in a country that has major bitcoin users like Russia or maybe Japan, but that ain't going to happen.
I think Bitcoin is heading for the usual Sunday night drop. I'd say 7k was not unlikely in say 12 hours or so time. Not maybe low 7k but 7k. And the volume looks very low.
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