I have been following bitcoin price since the recent upwards price movement and I think $5875 has become the high and corrections has began. Checking price chart this morning I discovered that the down channel's line has been broken and that signal a dropped in buying momentum and price may get below $5,000. However, this is another opportunity to buy bitcoin at a very cheap prices as before the end of this year bitcoin might hit $7,000. This corrections is not going to be a long one, it might just be three to four days and we would resumes another upwards movement again.
Price correction happen almost every day, some time it might be small correction and big correction though, I do believe that the current market correction is just a minor one which is normal in Bitcoin price fluctuations and there is no course for alarm. 
Topic: Bitcoin price fall below $5,500. (Read 1985 times)
7k dollars for bitcoin before end of this year is very possible to happen because as of now the currently price of bitcoin is 6000 dollars and for sure maybe next month bitcoin will hit that the prive of 7k dollars and for sure it possible to happen also the price of 8k dollars before wnd of this year 2017. But we dont know when the price possible to decrease or to increase.
Don't forget, without replay protection, Segwit2x could be a disaster if enough miners swing to it.
Think what it will do to the BTC confidence when people try and send B2X to someone only to discover they sent the same amount of BTC to the same address as well, or vice versa. The panic will be significant, people will stop doing transactions out of fear.
Think what it will do to the BTC confidence when people try and send B2X to someone only to discover they sent the same amount of BTC to the same address as well, or vice versa. The panic will be significant, people will stop doing transactions out of fear.
Everybody expected this fall. But I thought that it would be much stronger. Some analysts predicted the drop of bitcoin to 3000 dollars. Therefore, a small reduction in the price you should not worry
Bitcoin Gold was never going to have much of an impact, so far it's just a crappy alt. launch, you can't even mine it yet.
I think what happened is people got muddled up with Segwi2X which is still a way off. It may drop the BTC price to $3,000 until the market determines a real price again.
Yes this is so true, Bitcoin God did not have that big impact and that maybe once of the reasons why bitcoins price was not that affected when the fork happened. But there is still a possibility bitcoin will still plummet to around $3000 before it tries to reach a new ath again.
The decline will happen ready ready for you to sell now to get a continuous profit,I see this decrease will happen until at 4k$-5k$ in november later you can buy back your BTC at that time.I also so but this is just a suggestion from me by the way all up to you because you decide when you sell. 
I also feel that way, the price will go down bigger than before.So when the price starts to fall we should be ready to buy as much as possible, because my speculation after bitcoin drops there will be a very significant increase, maybe after the decline it will rise back beyond the previous price.
apparently, Bitcoin is still on the "stable" trend and it's already up above $5500. Now the threshold is $5500 we can now easily say if Bitcoin is on the Down Trend movement or up trend movement.
Everybody expected this fall. But I thought that it would be much stronger. Some analysts predicted the drop of bitcoin to 3000 dollars. Therefore, a small reduction in the price you should not worry
Bitcoin Gold was never going to have much of an impact, so far it's just a crappy alt. launch, you can't even mine it yet.
I think what happened is people got muddled up with Segwi2X which is still a way off. It may drop the BTC price to $3,000 until the market determines a real price again.
Yes this is so true, Bitcoin God did not have that big impact and that maybe once of the reasons why bitcoins price was not that affected when the fork happened. But there is still a possibility bitcoin will still plummet to around $3000 before it tries to reach a new ath again.
i don't think that bitcoin gold will be one of the expensive coins because bitcoin gold is like bitcoin cash which already release and now the price is not too high. that is right that bitcoin price is fallen yesterday and now I think the price is trying to go back increase and I think the price will increase and decrease slower than usual. maybe the price is waiting another fork in November and this makes the price is not going to go higher but maybe will be back to reach $58xx-$59xx.
Everybody expected this fall. But I thought that it would be much stronger. Some analysts predicted the drop of bitcoin to 3000 dollars. Therefore, a small reduction in the price you should not worry
yes , everybody predicted it and possibly it will happened after the fork has been done or established because many users will just dump their bitcoin after they got thier bitcoin gold. but i guess its ok and its just normal for its value to drop and theres nothing to worry or panic about it, because bitcoin will surely recover and we will see a another high next few months before the year ends.
Well, right now, bitcoin prices have risen back to $ 5700. well, I really hope the bitcoin price is not at $ 5500. it is very unfortunate if bitcoin prices are at that price, but I guess there will be people who can take advantage of it.
Everybody expected this fall. But I thought that it would be much stronger. Some analysts predicted the drop of bitcoin to 3000 dollars. Therefore, a small reduction in the price you should not worry
Bitcoin Gold was never going to have much of an impact, so far it's just a crappy alt. launch, you can't even mine it yet.
I think what happened is people got muddled up with Segwi2X which is still a way off. It may drop the BTC price to $3,000 until the market determines a real price again.
Yes this is so true, Bitcoin God did not have that big impact and that maybe once of the reasons why bitcoins price was not that affected when the fork happened. But there is still a possibility bitcoin will still plummet to around $3000 before it tries to reach a new ath again.
Everybody expected this fall. But I thought that it would be much stronger. Some analysts predicted the drop of bitcoin to 3000 dollars. Therefore, a small reduction in the price you should not worry
Bitcoin Gold was never going to have much of an impact, so far it's just a crappy alt. launch, you can't even mine it yet.
I think what happened is people got muddled up with Segwi2X which is still a way off. It may drop the BTC price to $3,000 until the market determines a real price again.
Everybody expected this fall. But I thought that it would be much stronger. Some analysts predicted the drop of bitcoin to 3000 dollars. Therefore, a small reduction in the price you should not worry
This was expected. Bitcoin was overbought recently for BTG airdrop. A correction was natural. I believe Bitcoin will fall more and will stay in the range of $4500-$5000 until Segiwt2x. Now altcoins will boost up instead after a long dip period of weeks. But bitcoin will again gain momentum in second half of November and will stay bullish whole December. Price is sure to touch $7k before this year ends.
The price of bitcoin is dropping again and if investors are watching the board they must started investing now. The last price was $6200 and if the correction will took place before the closing of this year buying bitcoin today can assure you a good return on investment since there's a lot of prediction that bitcoin will reach $7000 this December.
Perhaps that prediction will be happen, so it would not hurt to try because investing in bitcoin is no doubt. I'm personally pretty sure with $7000 at the end of the year because that is a price that still makes sense to be achieved in two months. 
The price of bitcoin is dropping again and if investors are watching the board they must started investing now. The last price was $6200 and if the correction will took place before the closing of this year buying bitcoin today can assure you a good return on investment since there's a lot of prediction that bitcoin will reach $7000 this December.
I have been following bitcoin price since the recent upwards price movement and I think $5875 has become the high and corrections has began. Checking price chart this morning I discovered that the down channel's line has been broken and that signal a dropped in buying momentum and price may get below $5,000. However, this is another opportunity to buy bitcoin at a very cheap prices as before the end of this year bitcoin might hit $7,000. This corrections is not going to be a long one, it might just be three to four days and we would resumes another upwards movement again.
Yes it's quite possible that bitcoin will reach $7000 by the end of this year. I think corrections will be a month long and we can see price will drop below $5000 as many people started to invest in altcoins and when they will get their profit they will return to bitcoins. I think this is normal no need to panic sell your bitcoins.
I have been following bitcoin price since the recent upwards price movement and I think $5875 has become the high and corrections has began. Checking price chart this morning I discovered that the down channel's line has been broken and that signal a dropped in buying momentum and price may get below $5,000. However, this is another opportunity to buy bitcoin at a very cheap prices as before the end of this year bitcoin might hit $7,000. This corrections is not going to be a long one, it might just be three to four days and we would resumes another upwards movement again.
I agree with you. There's no need to worry about its value which is now falling under 5500$ upon reaching 6000$ recently. It will surely increase after the hardfork and as you've said, this is the best time to buy and hold since it is already expected that Bitcoin will be able to reach a market value of 7000$ meaning, buying Bitcoin today will yield to huge profit after the fork.
The down fall of bitcoin price has stared due to the bitcoin gold fork and some bitcoin user are on panic, ive been looking at the market lately and the price is steadily going down for the past 5 days now.
It's down to $5,300 earlier and climbed a bit to $5,500 this is not a surprise since market correction always follow after the recent gain of BTC price. Also, consider those who dumped their alts in exchange of BTC in anticipation of BTG, since snap shot was already taken, they are back again in alts thats why if you notice alts price are now back to green.
The decline will happen ready ready for you to sell now to get a continuous profit,I see this decrease will happen until at 4k$-5k$ in november later you can buy back your BTC at that time.I also so but this is just a suggestion from me by the way all up to you because you decide when you sell.
I also feel that way, the price will go down bigger than before.So when the price starts to fall we should be ready to buy as much as possible, because my speculation after bitcoin drops there will be a very significant increase, maybe after the decline it will rise back beyond the previous price.
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