Bitcoin can drop again 7K zone. - page 7.

laurenB7742

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Vaccinized.. immunity level is full.

Quote from: The Cryptovator on May 11, 2018, 09:18:22 AM

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 ?

8,200 BTC Moved From Mt. Gox Wallet, Possible Sell-Off Affects Bitcoin Price
Such incidents are unstoppable and will continue to happen. We saw previously a major setback to BTC price when China banned ICOs in Sep 2017, every negative and positive news will effect BTC price. Those who can withstand this pressure selling will be the ultimate winner in the end.

yrrehc16

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Quote from: The Cryptovator on May 11, 2018, 09:18:22 AM

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 ?

below 8000 USD is impossible this quarter.
i am looking for bitcoin to get 10K above.
we just need to hold and stay.
don't panic, just be calm!

tegarp90

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Quote from: The Cryptovator on May 11, 2018, 09:18:22 AM

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 ?

If it drops to 7k zone, it means it breaks the down resistance line.
Which means it's hard to get back to 9k.
I think this correction will be just until 8k - 8,5k and it will rebound again to 9k

nerlial

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Bitcoin can do everything and we have seen it for years. Big players play by their own rules. Small players can only ride on the waves.

jackmuu

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Highly doubt so. Check out this Bitcoin technical analysis by SkrillaKing to find out more:

https://bestcrypto.tv/1182/sell-or-buy-during-this-crash-how-to-profit-bitcoin-technical-analysis/

TooDumbForBitcoin

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Quote from: Muktar on May 11, 2018, 10:42:07 AM

it looks like bitcoin will not go down to $ 7k, now bitcoin is still priced around $ 8600 and I see bitcoin will soon rise again

The price will bounce back to 10k. Standart FUD manipulation. Hold your longs guys and you will be rewarded. Wink

sandor111

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Quote from: HammaSan on May 11, 2018, 10:03:33 AM

It's absurd what the administrator of MT Gox is doing. He's selling the bitcoins. He must be earning some bribe from some exchange to do the negotiation. There's no sense in him wanting to sell the bitcoins. He should return the bitcoins (or part of them) to the customers who were harmed.

Should. Haha that's funny. If he wanted to return, he would have already done it. He's a robber and scammer, not a nice guy and righteous person. Of course he intends to sell stolen bitcoins sooner or later.

Muktar

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it looks like bitcoin will not go down to $ 7k, now bitcoin is still priced around $ 8600 and I see bitcoin will soon rise again

verziagra

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I'm not afraid when bitcoin declines to $ 7,000 because bitcoins for investing are very good and profitable for the long term.

jannatakter

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Everything is possible in crypto world no one can predict price bitcoin i hope bitcoin price is again high

tokexchain

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Bitcoin and all the Alts have taken a dive recently, one new hit overnight would be the HitBTC exchange in South Korea being raided by the authorities, seems they reportedly have been selling coins that they do not own, in fact they share the order book and reels with the Bittrex exchange, so I am not sure how that works. Maybe something is adrift, my first thoughts are of a false alarm as there have been recent raids on fellow South Korean exchanges, so HitBTC would have been expecting a call. We will see.

oginiimaoyani

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This is possible but no one can predict price of bitcoin but for sure it will bounce back because it has gain so much CONSENSUS so it won't drop too low.

DrGuns4Hands

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Quote from: The Cryptovator on May 11, 2018, 09:18:22 AM

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 ?

There is a lot of news that happen and some of this news is bad news thinking that it is one of the reason why the price of bitcoin was dropdown I read that there is a news on South Korea that the Largest Crypto Exchange Upbit Investigated By Police, Markets React, i read this topic on cointelegraph.

jpespa

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Maybe one of the reasons is that some have dumped again their bitcoin when it reached another higher price because they are now afraid to hold they bitcoin any longer thinking that other people would do the same thing.

yiuinubol

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I do not think it's possible at this time, because bitcoin has achieved a lot of consensus, not much room for decay. I hope it will thrive in the end of 2018 and the price will reach $ 25000.

Xester

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Quote from: The Cryptovator on May 11, 2018, 09:18:22 AM

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 ?

Next week is too long bitcoin will go back to 9300$ tomorrow. By next week bitcoin will be over 10,000 $.. The price drop today is just temporary and it was just a show made by the whales so that people will panic and sell their coins so they can buy it. Let us just trust bitcoin since even if it falls in value it will go back up again.

zolfa

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there is no can predict with certainty, because sometimes bitcoin is influenced by other negative factors from behind without we known.

today I do not know what factors make the bitcoin drop again. I often experience wrong predictions.
so we better continue to support bitcoin and make a good contribution.

HammaSan

full member

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It's absurd what the administrator of MT Gox is doing. He's selling the bitcoins. He must be earning some bribe from some exchange to do the negotiation. There's no sense in him wanting to sell the bitcoins. He should return the bitcoins (or part of them) to the customers who were harmed.

jeremypwr

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🤑 Free Bets have been credited 🤑

While it certainly can as anything is possible in this space, it's highly unlikely that it drops to that price, especially now.
With CONSENSUS 2018 happening next week and somewhere close to 4k + attendees, I expect a bigger price point if anything.
We can only hope, though.

lelangsabun

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i think it still normal when see it, the market movment are going down a bit just caused by the whale who selling it when the price are in 6k in the past ago i think

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