in my opinion no need to wait anymore. when you have money buy it immediately before the price will rise again. and the price of $ 7.5 I think it's quite low when compared to the previous price of $ 8.2
although maybe when you've bought $ 7.5 the price of bitcoin goes down again don't panic stay calm. all bitcoin users are optimistic that bitcoin can be bull again in 2020. because at that time bitcoin was halving day.
Topic: Bitcoin down - page 7. (Read 2251 times)
Don't worry, boy. Everything is under control, the value of bitcoin is stable in the 7-8k zone, which is good news for investors. This stability will last until 2020 and Bitcoin will make a leap, be prepared early.
I think it is not the best time to buy bitcoin at this moment as I believe bitcoin will plunge more in price. Price of bitcoin is declining rapidly and so does price of altcoins. I think bitcoin will go down to $5500 again before taking up pace again and reaching as high as $15000. So I want to suggest that potential buyers should wait for little time to buy bitcoin.
^^ I think it's about time that bitcoin needs some correction because it has been in the overbought zone. Specially after the 5 month big candles we have around @13800, so that's a big retracement already. But it doesn't mean that we are not bullish, personally I wanted to see the price to go down so that those weak hands are shaken again and start the cycle of recovery in the next coming months and reach 5 digits before the end of the year and look forward for the next block halving in 2020.
I also agree with you, but the problem with the BTC correction this time is very deep and beyond the predictions of many analysts, some say this is the impact of the SEC or BAKKT being rejected so that the BTC should rise in October but still go down,if this goes down to 5k usd, I'm not sure BTC will be bullish anytime soon.
if you want to invest long-term you should buy now, this is a healthy correction process like last year when bitcoin bull run then correction below 50% now we have corrected 46% so it's likely that it will not fall far from 7300.
predictions and possibilities cannot be ascertained indeed as investors we must be clever in utilizing every opportunity that we will get in investing if indeed by buying now and our beliefs can bring benefits in the future the most important thing we can take advantage of every opportunity we will get in investing with currencies crypto It does not matter to the serious bitcoin buyer if he buys at 7500 or 7000. In fact, not even if it is 10,000 or 1,000.
In the very long term, Bitcoin price can only go up,,, up and up, and when Bitcoin is 100000, you will realize it was silly to think of $500 savings at that price.
Of course, BTC also can go down to zero, so never invest what you cannot afford to lose;)
yes, it is proven since bitcoin has no price, if it is withdrawn from that period, then we can conclude that the price of bitcoin will continue to rise. although sometimes the price goes down, in the future the price will go up, I also believe that.In the very long term, Bitcoin price can only go up,,, up and up, and when Bitcoin is 100000, you will realize it was silly to think of $500 savings at that price.
Of course, BTC also can go down to zero, so never invest what you cannot afford to lose;)
but, we must realize that it is only speculation and belief in bitcoin, or other cytpo. although we are sure, do not put high hopes on it. honestly I made this only a side. so when the price is low, I am not so stressed.
Bitcoin is back down to $ 7500 and altcoin is also following Bitcoin, is this to buy BTC when it is going down badly or waiting for the price of $ 7,000,
It's all your personal decision dear whether to buy at dip or not, knowing that it can dip more and more or experience an uptrend. We all understand the risk involved in crypto, know your risk limit and never cross it to be safe. You can accumulate in parts, do not buy with all funds at once if I'm to tell you my opinion. It does not matter to the serious bitcoin buyer if he buys at 7500 or 7000. In fact, not even if it is 10,000 or 1,000.
In the very long term, Bitcoin price can only go up,,, up and up, and when Bitcoin is 100000, you will realize it was silly to think of $500 savings at that price.
Of course, BTC also can go down to zero, so never invest what you cannot afford to lose;)
Bitcoin is back down to $ 7500 and altcoin is also following Bitcoin, is this to buy BTC when it is going down badly or waiting for the price of $ 7,000,
be patient mate, bitcoin is downtrend now with no big retrace, it looks like that bitcoin would be low and lowerit is wise if you buy after a 'sign' that tells bitcoin would be up, but it hasnt happened right now, look this chart, there is no any 'sign'
The market is green again but bitcoin is still not showing up for its rise, and I think this green will not be long and will be red again after a few days, so right now bitcoin is still downtrending in the next few weeks.
^^ I think it's about time that bitcoin needs some correction because it has been in the overbought zone. Specially after the 5 month big candles we have around @13800, so that's a big retracement already. But it doesn't mean that we are not bullish, personally I wanted to see the price to go down so that those weak hands are shaken again and start the cycle of recovery in the next coming months and reach 5 digits before the end of the year and look forward for the next block halving in 2020.
I also agree with you, but the problem with the BTC correction this time is very deep and beyond the predictions of many analysts, some say this is the impact of the SEC or BAKKT being rejected so that the BTC should rise in October but still go down,if this goes down to 5k usd, I'm not sure BTC will be bullish anytime soon.
^^ I think it's about time that bitcoin needs some correction because it has been in the overbought zone. Specially after the 5 month big candles we have around @13800, so that's a big retracement already. But it doesn't mean that we are not bullish, personally I wanted to see the price to go down so that those weak hands are shaken again and start the cycle of recovery in the next coming months and reach 5 digits before the end of the year and look forward for the next block halving in 2020.
I also agree with you, but the problem with the BTC correction this time is very deep and beyond the predictions of many analysts, some say this is the impact of the SEC or BAKKT being rejected so that the BTC should rise in October but still go down,if this goes down to 5k usd, I'm not sure BTC will be bullish anytime soon.
and yesterday it had a decline in just a few hours and it made many people panic and sell their btc, but it's good when the dump happened yesterday because i could buy btc and wait for prices pump again
^^ I think it's about time that bitcoin needs some correction because it has been in the overbought zone. Specially after the 5 month big candles we have around @13800, so that's a big retracement already. But it doesn't mean that we are not bullish, personally I wanted to see the price to go down so that those weak hands are shaken again and start the cycle of recovery in the next coming months and reach 5 digits before the end of the year and look forward for the next block halving in 2020.
I also agree with you, but the problem with the BTC correction this time is very deep and beyond the predictions of many analysts, some say this is the impact of the SEC or BAKKT being rejected so that the BTC should rise in October but still go down,if this goes down to 5k usd, I'm not sure BTC will be bullish anytime soon.
^^ I think it's about time that bitcoin needs some correction because it has been in the overbought zone. Specially after the 5 month big candles we have around @13800, so that's a big retracement already. But it doesn't mean that we are not bullish, personally I wanted to see the price to go down so that those weak hands are shaken again and start the cycle of recovery in the next coming months and reach 5 digits before the end of the year and look forward for the next block halving in 2020.
Bitcoin is back down to $ 7500 and altcoin is also following Bitcoin, is this to buy BTC when it is going down badly or waiting for the price of $ 7,000,
be patient mate, bitcoin is downtrend now with no big retrace, it looks like that bitcoin would be low and lowerit is wise if you buy after a 'sign' that tells bitcoin would be up, but it hasnt happened right now, look this chart, there is no any 'sign'
I bought some BTC last night. I don't think it matters how far btc goes down, that's for sure it will always go up.
There is no doubt that whenever it goes down, there will be a time for it's going up. In charts, there's a saying like this "everything that goes down, goes up".That is as far as I know. If it really takes a long time for BTC to go up, then of course it's okay because I bought BTC for the long term, not for a while and too much speculation. Better I continue my life in the real world to find another income. This is just a personal opinion and I believe during 2014.
It's a wise thing to find another income source while the bitcoin you've bought is for holding long term, then you should continue doing it. Bitcoin is back down to $ 7500 and altcoin is also following Bitcoin, is this to buy BTC when it is going down badly or waiting for the price of $ 7,000,
You should wait for 7000 USD but I can't guarantee you. But I was sure that Bitcoin could down and here it is now. And now I think this down will run until 6500 USD. You can research on Bitcoin, but you will find same answer.
- A high-volume range breakdown seen on the daily chart suggests scope for test of a long-term moving average at $7,200. A violation there would expose another major average support at $7,000.
- A corrective bounce above resistance at $7,534 could be seen before a deeper drop, as the intraday charts are reporting oversold conditions.
- A lagging indicator suggests BTC may bottom out in the range of $7,000 to $7,200.
- A UTC close above the Oct. 21 high of $8,352 is needed to confirm a bullish reversal.
Long-term bitcoin price support at $7,200 may be put to test for the first time in six months, likely after a minor price bounce.
The crypto market leader fell by $500 to $7,500 during the U.S. trading hours on Wednesday, confirming a downside break of the recent trading range of $7,800 to $8,400.
Prices went on to hit a five-month low of $7,293 before printing a UTC close at $7,470 – down 6.92 percent on the day, according to Bitstamp data. That’s the biggest single-day drop since Sept. 24, when prices had declined by 11.83%.
The range breakdown indicates the sell-off from highs above $10,000 seen on Sept. 23 has resumed and prices could test support at $7,200 – the 100-period moving average on the three-day chart. That MA line was last put to test at the end of April.
https://www.coindesk.com/bitcoin-eyes-first-test-of-7-2k-price-support-since-april
You deserved merit for this awesome analysis. You spend some time in researching, its always a good thing, you spend some time writing this post, all in all its nice what you did here.
But I will be careful, in my time here I learned that price can change directions suddenly, without some reasonable explanation. Nothing is 100% sure in crypto, so people should take this as advice, not as something that will happen for sure.
I think we will be luck to see 10k again before the new years eve. Anyway price is doing just fine, this is good intro for upcoming halving. Some serious price rise we will see only after next spring, right before the halving. Like always people wait last minutes to buy, and we will see higher demand around that time, which will lead the price up.
- A high-volume range breakdown seen on the daily chart suggests scope for test of a long-term moving average at $7,200. A violation there would expose another major average support at $7,000.
- A corrective bounce above resistance at $7,534 could be seen before a deeper drop, as the intraday charts are reporting oversold conditions.
- A lagging indicator suggests BTC may bottom out in the range of $7,000 to $7,200.
- A UTC close above the Oct. 21 high of $8,352 is needed to confirm a bullish reversal.
Long-term bitcoin price support at $7,200 may be put to test for the first time in six months, likely after a minor price bounce.
The crypto market leader fell by $500 to $7,500 during the U.S. trading hours on Wednesday, confirming a downside break of the recent trading range of $7,800 to $8,400.
Prices went on to hit a five-month low of $7,293 before printing a UTC close at $7,470 – down 6.92 percent on the day, according to Bitstamp data. That’s the biggest single-day drop since Sept. 24, when prices had declined by 11.83%.
The range breakdown indicates the sell-off from highs above $10,000 seen on Sept. 23 has resumed and prices could test support at $7,200 – the 100-period moving average on the three-day chart. That MA line was last put to test at the end of April.
https://www.coindesk.com/bitcoin-eyes-first-test-of-7-2k-price-support-since-april
Bitcoin is back down to $ 7500 and altcoin is also following Bitcoin, is this to buy BTC when it is going down badly or waiting for the price of $ 7,000,
It's all your personal decision dear whether to buy at dip or not, knowing that it can dip more and more or experience an uptrend. We all understand the risk involved in crypto, know your risk limit and never cross it to be safe. You can accumulate in parts, do not buy with all funds at once if I'm to tell you my opinion. Bitcoin is back down to $ 7500 and altcoin is also following Bitcoin, is this to buy BTC when it is going down badly or waiting for the price of $ 7,000,
It's all your personal decision dear whether to buy at dip or not, knowing that it can dip more and more or experience an uptrend. We all understand the risk involved in crypto, know your risk limit and never cross it to be safe. You can accumulate in parts, do not buy with all funds at once if I'm to tell you my opinion.
I've acted fast by buying btc at the price of 7.5k, why? because I think this is a good opportunity. I have been waiting for this from the previous month when the price of BTC was at 8k. so I personally did not waste this opportunity to buy it, I am very confident that the btc will soon be significant back to the price of 8k and can even increase more than that price.
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