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Topic: Bitcoin can drop again 7K zone. - page 6. (Read 876 times)

member
Activity: 392
Merit: 11
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May 11, 2018, 11:49:34 AM
#48
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 was expecting the same thing. Bitcoin should remain around 9k this coming weekend or it can leave another sour taste to the investors mouth. Bitcoin already saw the light last week but it dropped again this week. Hopefully, the decrease in price will be enough to entice our dearest investors. It might affect the price if a lot of investors will hold and buy some btc. Hopefully someone rich will play with the demand and it will affect its price.
jr. member
Activity: 89
Merit: 1
May 11, 2018, 11:47:31 AM
#47
This is just whale manipulation, dropping the price due to a small amount of negative news expecting others to do the same. When they realise that mt gox will trade otc the market will pump back up again. Some easy gains for the market manipulators

Correct, they sell and expect the market will follow. Stay calm and don't stress.

Those whales want to rebuy at a low price, don't let them play their game.
member
Activity: 616
Merit: 11
May 11, 2018, 11:44:28 AM
#46
This is just whale manipulation, dropping the price due to a small amount of negative news expecting others to do the same. When they realise that mt gox will trade otc the market will pump back up again. Some easy gains for the market manipulators
full member
Activity: 588
Merit: 106
May 11, 2018, 11:41:28 AM
#45
Stay tunes of bitcoin prices. I just think, if the bitcoin price falls, it is the right time to buy and immediately buy. if bitcoin prices rise. this is a good time to sell. fall or pump bitcoin prices. I still support bitcoin. because it's just a whale manipulation for graphic art ..
member
Activity: 285
Merit: 11
quarkchain.io
May 11, 2018, 11:29:08 AM
#44
Currently it's around $8500 zone. I see it testing  the $8000 support zone but I strongly believe it won't break it will likely consolidate around that zone for one for two days before taking off to $9k
newbie
Activity: 140
Merit: 0
May 11, 2018, 11:24:28 AM
#43
multiply assets when bitcoin prices decrease and take profit next year. I'm sure bitcoin will increase in the next year.
full member
Activity: 938
Merit: 137
May 11, 2018, 11:20:34 AM
#42
Bitcoin can drop 7K zone for short time. As we see it's already drop 8500$ . 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 ?
The bitcoin has been floating about for a month as if it were on waves, then rising a little, then dropping, but with a general trend of smooth growth. Therefore, it is unlikely that now the price of bitcoin will fall below eight thousand dollars. Most likely, this is still the lower limit of the amplitude of its oscillations and it will continue to maintain a trend of smooth growth. Moreover, there are as yet no negative news for the fall as well.
newbie
Activity: 65
Merit: 0
May 11, 2018, 11:20:06 AM
#41
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.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
May 11, 2018, 11:19:39 AM
#40
It's possible I admit but I don't think the price will go down all the way to 7000$ in this round.
I can already feel how panic among users is rising, again, although in fact there is no reason for that.
Use this minor price change for buying the coins to profit in the near future when the price will go up again.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
May 11, 2018, 11:12:51 AM
#39
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 has dropped to $8,500 so basically everyone is worrying if it goes to $7k or further. I don't want to think of any other thing that can be negative to bitcoin. I just want to see it again recover until it goes back to $10k and more. It's quite hard to see that it's suffering again for today but we all want to see it recover so for now we just have to wait and see it at this dip or the best thing to do is to buy right now.
sr. member
Activity: 423
Merit: 250
May 11, 2018, 11:06:00 AM
#38
Bitcoin can drop 7K zone for short time. As we see it's already drop 8500$ . 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 ?
Always the dumping and pumping could always possible in the market dumping of bitcoin up to 7k$ is always possible in just a small amount of time we all know the supply and demand thing which always depends on the people so we could always expect this but the good thing is we could always expect the bitcoin to go and pump its price we know the history of bitcoin and no one knows that it will reach that limit.
sr. member
Activity: 630
Merit: 251
May 11, 2018, 11:05:36 AM
#37
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 ?
Just chill people, bitcoin will be in 10k in a couple of weeks from now. I assure you that this will happen because I've read a lot of analysis on this trend. Expecting positives thoughts sometimes results into its happening. If bitcoin can even overcome 12000 USD by next month, that will be a great boom for me !  Roll Eyes Roll Eyes
member
Activity: 473
Merit: 11
May 11, 2018, 11:00:12 AM
#36
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 ?

indeed a big correction like this is really beyond estimation, whether there is anything that can cause BTC market like this, i really want to know, the possibility to going up will be difficult again. But the possibility can still happen. maybe the end of this month will return to normal
full member
Activity: 442
Merit: 101
May 11, 2018, 10:59:56 AM
#35
I think this could happen. Bitcoin prices have fallen from $ 9,000 down $ 8000 and then $ 7000 can be within few day to . But this decline is normal  and this decline is certainly a good opportunity for many investors who are expecting bitcoin to fall price back. They will buy as many bitcoin to store. Bitcoin prices are likely to be better next week. Because bitcoins are in  the upward trend, you may see prices higher than $ 9,000 next week.
hero member
Activity: 2660
Merit: 630
Vave.com - Crypto Casino
May 11, 2018, 10:59:08 AM
#34
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 see the price dropping beyond $8,500 as we are seeing it at the moment and it is likely to close that way today. What happened was just a little correction because the market is still giving a buy signal. Most likely, it is going to get back to $9,000 this weekend.
full member
Activity: 1004
Merit: 111
May 11, 2018, 10:57:13 AM
#33
i can't see anything like this to happen now.
bitcoin will stay above 8k USD, and will get more than 10K usd.
soon we will see that.
there are so many businessman getting in bitcoin we just need to wait and will have the fruitful months.
newbie
Activity: 14
Merit: 0
May 11, 2018, 10:56:59 AM
#32
This selling that caused a lot of the drop is primarily coming from people taking their funds out of Upbit as they are concerned due to the recent raid. They will most probably go to other exchanges and buy there, which will result in that the markets turns green again in a near future.
member
Activity: 336
Merit: 10
May 11, 2018, 10:56:48 AM
#31
In my opinion, the price of bitcoin is unpredictable and can surprise abruptly. First, fluctuations in bitcoin prices can be caused by the supply and demand of the bitcoin itself. If many people buy bitcoin in large quantities, the price of bitcoin will rise sharply. In otherwise, if many bitcoin owners sell bitcoin in large quantities, the price of bitcoin will decline sharply. Second, nobody controls the price of bitcoin so bitcoin prices can change suddenly. So, I'm not sure, bitcoin will drop 7k zone or grow up to 9k zone next week.
sr. member
Activity: 742
Merit: 395
I am alive but in hibernation.
May 11, 2018, 10:54:51 AM
#30
I do not think BTC price can be analysed by TA. I followed TA some point of time and look like all TA analysis are failures.
One more difference I find in crypto and traditional share market that coins are mined regularly that is not case with traditional shares that you create 12.5 shares of company every 10 minutes.

You cannot predict how this newly created 12.5 shares will be sold.
jr. member
Activity: 77
Merit: 1
May 11, 2018, 10:53:45 AM
#29
The dropping may be as a result of market situation since there is no new negative news from any where as at yesterday and today. All thing be equal anything can still happen either to the both side. One thing so setting is that 2018 would be fruitful year for bitcoiner. Watch!
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