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Topic: Bitcoin can drop again 7K zone. - page 5. (Read 876 times)

member
Activity: 238
Merit: 11
May 11, 2018, 03:51:09 PM
#68
Bitcoin certainly can go down to 7,000 dollars, but only if this border will be before the next strong jump to its strong take-off of 15,000 dollars, I do not see any other reasons for such a decline after May 18 after a strong jump !!!
member
Activity: 358
Merit: 11
May 11, 2018, 03:48:50 PM
#67
Even if it falls again to 7000, that will not be the end price of it till the year end. It will still rise and end in the year with $20,000 and over.
member
Activity: 308
Merit: 12
May 11, 2018, 03:42:06 PM
#66
Bitcoin can drop 7K zone for short time. As we see it's already drop 8500$ . So I expect it will drop below 8k, that means 7K zone. But it will no longer. I hope agin Bitcoin will grow up to 9K zone by next week. What you think about it ?
I don't agree. I think that bitcoin will not break the support level of 8500. This is a temporary little correction before the conference.
newbie
Activity: 69
Merit: 0
May 11, 2018, 03:38:09 PM
#65
Bitcoin can drop 7K zone for short time. As we see it's already drop 8500$ . So I expect it will drop below 8k, that means 7K zone. But it will no longer. I hope agin Bitcoin will grow up to 9K zone by next week. What you think about it ?
Increase in bitcoin is very reasonable, this indicates the stability of bitcoin prices.
reducing bitcoin provides an opportunity for investors to invest.
I'm sure the price drop will not be long and will switch to $ 9K.
member
Activity: 280
Merit: 11
May 11, 2018, 03:31:23 PM
#64
bitcoin has very good support at 8000 dollars below 8 thousand dollars bitcoin won't drop as per bitcoinwisdom.com chart analysis we can say
copper member
Activity: 1162
Merit: 1025
May 11, 2018, 03:26:49 PM
#63
Bitcoin will drop from 7k-8k dollars then after two weeks it will rise again to 9k, by the month of june it will hit 10k then continuously rising up till october then it will drop a little bit by a couple of weeks then the price of bitcoin will hit 20k dollars zone by december.so invest now buy bitcoin and hodl it.
It is really difficult to predict how the market goes but i expected this crash because the resistance we had at $10 k was really high and the market was not going anywhere and so i expected a correction before crossing the $10k valuation and i am not sure how long it will take to cross those valuation but i am positive that the next push will take the value above $10k.

Look at all that technical analysis to back up those assumptions.... Oh wait, there is none, this is just mindless opinion based on nothing.

Odds are that Bitcoin will either stabilize around the current price due to the SEC meeting that is looming, bad news means it will drop below $8,000, good news will likely see it rise back above $9,500.
Yes anything can happen in the market.Bitcoin's price is very volatile and so we do not know in which direction will the prices go.There was a drop in price of bitcoin from some time but now it is increasing slowly.It also depends on demand and supply forces,the amount of bitcoins people are holding back or selling.I think it will touch new heights in the coming future.Bitcoin is the most expensive cryptocurrency till date.Rise and fall go hand in hand.
hero member
Activity: 840
Merit: 508
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May 11, 2018, 03:25:09 PM
#62
Bitcoin will drop from 7k-8k dollars then after two weeks it will rise again to 9k, by the month of june it will hit 10k then continuously rising up till october then it will drop a little bit by a couple of weeks then the price of bitcoin will hit 20k dollars zone by december.so invest now buy bitcoin and hodl it.
It is really difficult to predict how the market goes but i expected this crash because the resistance we had at $10 k was really high and the market was not going anywhere and so i expected a correction before crossing the $10k valuation and i am not sure how long it will take to cross those valuation but i am positive that the next push will take the value above $10k.

Look at all that technical analysis to back up those assumptions.... Oh wait, there is none, this is just mindless opinion based on nothing.

Odds are that Bitcoin will either stabilize around the current price due to the SEC meeting that is looming, bad news means it will drop below $8,000, good news will likely see it rise back above $9,500.
newbie
Activity: 130
Merit: 0
May 11, 2018, 03:06:26 PM
#61
Bitcoin can drop 7K zone for short time. As we see it's already drop 8500$ . So I expect it will drop below 8k, that means 7K zone. But it will no longer. I hope agin Bitcoin will grow up to 9K zone by next week. What you think about it ?


i think it’s not going to happen. it’s hard to accept but it may happen and bitcoin is just going rise back up. no matter what the price of bitcoin is, we will still be here. i will still be here.
member
Activity: 140
Merit: 10
May 11, 2018, 03:03:35 PM
#60
a difficult time for bitcoin, but we will survive. such already was, it is normal. in general, the industry is developing, so there is nothing to worry about
hero member
Activity: 1426
Merit: 506
May 11, 2018, 02:56:41 PM
#59
Bitcoin will drop from 7k-8k dollars then after two weeks it will rise again to 9k, by the month of june it will hit 10k then continuously rising up till october then it will drop a little bit by a couple of weeks then the price of bitcoin will hit 20k dollars zone by december.so invest now buy bitcoin and hodl it.
It is really difficult to predict how the market goes but i expected this crash because the resistance we had at $10 k was really high and the market was not going anywhere and so i expected a correction before crossing the $10k valuation and i am not sure how long it will take to cross those valuation but i am positive that the next push will take the value above $10k.
full member
Activity: 299
Merit: 100
May 11, 2018, 01:03:03 PM
#58
Then that would be great to buy more bitcoins. Price will fall from time to time, there's no doubt about it. But I usually don't believe those people who are trying to predict what would be the exact price of bitcoin, no matter what their basis are.
newbie
Activity: 69
Merit: 0
May 11, 2018, 01:02:28 PM
#57
It's hard to predict. Maybe this is related to the upcoming New York conference. I hope there is not much FUD in the meeting.If it continues to drop drastically, my account will lose a lot of money, I hope not.
hero member
Activity: 2324
Merit: 562
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May 11, 2018, 12:52:23 PM
#56
Bitcoin can drop 7K zone for short time. As we see it's already drop 8500$ . So I expect it will drop below 8k, that means 7K zone. But it will no longer. I hope agin Bitcoin will grow up to 9K zone by next week. What you think about it ?

I don't think so.This is just a fluctuation after a constant raise and stable state.Now the current price of bitcoin is 8600$ and may be by tomorrow we can able to see 9000$ again.Many traders will use this fluctuation to inverse their money for the future.The price will not reduce to 7000$ again.
sr. member
Activity: 462
Merit: 252
May 11, 2018, 12:46:22 PM
#55
At the moment of making this post the price was at 8637 a decline from a position of over 9k ,most of the major coins are also observing declines in double digits. even though the bitcoin price has been trending down in the last couple of days bitcoin is known  to bounce back from bearish trends and really there is still no treason to think it will not this time .Just take this as an opportunity to buy some bitcoins if the price does infact drop to the 7k zone.
full member
Activity: 274
Merit: 133
May 11, 2018, 12:30:44 PM
#54
I didn't expect to go down to 7k on this week, and I thought it would not happen, maybe the bitcoin on the end of the month would go up to 9k or maybe 10k so in the end of the year might 15k.

Altcoin market is so much volatile since the starting of this year. There are still chances that it can go below 7k depending on the circumstances of the market and news.
member
Activity: 210
Merit: 10
May 11, 2018, 12:07:39 PM
#53
Bitcoin can drop 7K zone for short time. As we see it's already drop 8500$ . So I expect it will drop below 8k, that means 7K zone. But it will no longer. I hope agin Bitcoin will grow up to 9K zone by next week. What you think about it ?
It is impossible to happen. It might drop but it's gonna be near to its last value. Or just like 500$ drop or something like that. Bitcoin is starting to get back on track again as we can see it is $9k now aand maybe next month it will step to the $10k which is a good news to everyone that is waiting for this the whole time since the price dumping happened last year. I might say it is very fast as I thought it would be.
member
Activity: 317
Merit: 11
May 11, 2018, 12:06:38 PM
#52
anything is possible, going up or going down. the certain thing in the chart is bitcoin will be going to the right Smiley. for short term, i agree, it may be will reach 7k
newbie
Activity: 44
Merit: 0
May 11, 2018, 12:04:43 PM
#51
Looking at the depth chart on GDAX, I don't think so. We will see 9000 back very soon (hopefully lol)
newbie
Activity: 84
Merit: 0
May 11, 2018, 12:00:10 PM
#50
I don't think so. Not below 8000k should be.
hero member
Activity: 1666
Merit: 701
May 11, 2018, 11:52:23 AM
#49
I didn't expect to go down to 7k on this week, and I thought it would not happen, maybe the bitcoin on the end of the month would go up to 9k or maybe 10k so in the end of the year might 15k.
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