Bitcoin price fall below $5,500. - page 3.

AjithBtc

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Quote from: Sweetbtc on October 22, 2017, 12:31:22 PM

Quote from: Idrisu on October 18, 2017, 01:33:38 AM

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 you are correct, once the bitcoin value rose up to its peak then in few moment there will be a correction that gonna happen because some gets their profit and may come back to its range value again.
But we are really hoping for the that $7000 per bitcoin value this coming year end.

Quite often price correction takes place with bitcoin. Here, one thing we need to take into consideration that till now the correction happens with gradual growth. Now the scenario is same with similar form of growth, but the upcoming price pumping is based on an event. So we can't have a assured price correction as that we experience.

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Quote from: Idrisu on October 18, 2017, 01:33:38 AM

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 you are correct, once the bitcoin value rose up to its peak then in few moment there will be a correction that gonna happen because some gets their profit and may come back to its range value again.
But we are really hoping for the that $7000 per bitcoin value this coming year end.

marseille

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Quote from: omonuyak on October 21, 2017, 02:30:30 PM

Quote from: Catswold on October 21, 2017, 02:17:53 PM

Quote from: Freshmen on October 21, 2017, 03:56:50 AM

Quote from: bitcoinvestor on October 20, 2017, 07:47:33 AM

Quote from: Tyrantt on October 18, 2017, 02:54:09 AM

This price correction was just a matter of time and I thing that it will, maybe, drop down to somewhere around $4600 but then it would start going back up again just as it did some days ago. It was expected after the price jumped for $1000 in 2 days.

it is usual that bitcoin is jump and down. When the price jump, means the number of demand increases and vise versa. the price now is about 5000- 6000. When bitcoin falls from 5800 to 5200, it is not too significant, I think it is just profit taking action by traders. I think we would worry if the price drops to 3000 from 5500. This a deep plunge.

Price is at 6200 USD and there is no chance of dump because new regions are joining the community of bitcoin and this will also give boost to the bitcoin demand and if bit of dump will occur that will also be favorable because user will be more attracted automatically and buying will be in business and this will result to more rise in future, and chance of profit will be high, so hope for the best price will go up more.

Its good to see that price is increasing now but there are high chances that we can fall back to that level after the fork and may be even lower then $5000 so one cannot be sure what exactly will happen in coming days but we should be positive and hope for the best and even price falls it will recover back soon before the year ends.

I doubt if we would go below $5000 before the end of this year as a lot of activities favor bitcoin this days. Like op has said after the correction we may experience a serious pump and that is what happens. Bitcoin move close to $5,060 on 17th of this month and from we see a serious recovery the same day and as at this morning bitcoin went as high as $6,115. I think another little correction is underway as traders may likely take profit any moment from now.

There is a full possibility that price can go below that level after the fork but even if it goes it won't take much time for price to recover back as in bitcoin you cannot expect that price will continue to go in same direction as its an combination of ups and downs so anything is possible when it comes to price of bitcoins.

omonuyak

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Quote from: Catswold on October 21, 2017, 02:17:53 PM

Quote from: Freshmen on October 21, 2017, 03:56:50 AM

Quote from: bitcoinvestor on October 20, 2017, 07:47:33 AM

Quote from: Tyrantt on October 18, 2017, 02:54:09 AM

This price correction was just a matter of time and I thing that it will, maybe, drop down to somewhere around $4600 but then it would start going back up again just as it did some days ago. It was expected after the price jumped for $1000 in 2 days.

it is usual that bitcoin is jump and down. When the price jump, means the number of demand increases and vise versa. the price now is about 5000- 6000. When bitcoin falls from 5800 to 5200, it is not too significant, I think it is just profit taking action by traders. I think we would worry if the price drops to 3000 from 5500. This a deep plunge.

Price is at 6200 USD and there is no chance of dump because new regions are joining the community of bitcoin and this will also give boost to the bitcoin demand and if bit of dump will occur that will also be favorable because user will be more attracted automatically and buying will be in business and this will result to more rise in future, and chance of profit will be high, so hope for the best price will go up more.

Its good to see that price is increasing now but there are high chances that we can fall back to that level after the fork and may be even lower then $5000 so one cannot be sure what exactly will happen in coming days but we should be positive and hope for the best and even price falls it will recover back soon before the year ends.

I doubt if we would go below $5000 before the end of this year as a lot of activities favor bitcoin this days. Like op has said after the correction we may experience a serious pump and that is what happens. Bitcoin move close to $5,060 on 17th of this month and from we see a serious recovery the same day and as at this morning bitcoin went as high as $6,115. I think another little correction is underway as traders may likely take profit any moment from now.

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Quote from: Freshmen on October 21, 2017, 03:56:50 AM

Quote from: bitcoinvestor on October 20, 2017, 07:47:33 AM

Quote from: Tyrantt on October 18, 2017, 02:54:09 AM

This price correction was just a matter of time and I thing that it will, maybe, drop down to somewhere around $4600 but then it would start going back up again just as it did some days ago. It was expected after the price jumped for $1000 in 2 days.

it is usual that bitcoin is jump and down. When the price jump, means the number of demand increases and vise versa. the price now is about 5000- 6000. When bitcoin falls from 5800 to 5200, it is not too significant, I think it is just profit taking action by traders. I think we would worry if the price drops to 3000 from 5500. This a deep plunge.

Price is at 6200 USD and there is no chance of dump because new regions are joining the community of bitcoin and this will also give boost to the bitcoin demand and if bit of dump will occur that will also be favorable because user will be more attracted automatically and buying will be in business and this will result to more rise in future, and chance of profit will be high, so hope for the best price will go up more.

Its good to see that price is increasing now but there are high chances that we can fall back to that level after the fork and may be even lower then $5000 so one cannot be sure what exactly will happen in coming days but we should be positive and hope for the best and even price falls it will recover back soon before the year ends.

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Quote from: bitcoinvestor on October 20, 2017, 07:47:33 AM

Quote from: Tyrantt on October 18, 2017, 02:54:09 AM

This price correction was just a matter of time and I thing that it will, maybe, drop down to somewhere around $4600 but then it would start going back up again just as it did some days ago. It was expected after the price jumped for $1000 in 2 days.

it is usual that bitcoin is jump and down. When the price jump, means the number of demand increases and vise versa. the price now is about 5000- 6000. When bitcoin falls from 5800 to 5200, it is not too significant, I think it is just profit taking action by traders. I think we would worry if the price drops to 3000 from 5500. This a deep plunge.

Price is at 6200 USD and there is no chance of dump because new regions are joining the community of bitcoin and this will also give boost to the bitcoin demand and if bit of dump will occur that will also be favorable because user will be more attracted automatically and buying will be in business and this will result to more rise in future, and chance of profit will be high, so hope for the best price will go up more.

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Quote from: Granxis on October 20, 2017, 03:38:31 PM

Bitcoin prices may reach $ 5,500 after October 25. Because everyone is trying to benefit from division. Bitcoin gold will meet the expectation.

We might see more stability in price after the fork instead of price falling. If everything goes smoothly, the price won't be an issue, just like the previous fork, where price went up when everything ended up being fine. Though this fork is more friendly and won't be causing any trouble to the network, and a bit different from the previous fork, the scenario might be a bit different.

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Bitcoin prices may reach $ 5,500 after October 25. Because everyone is trying to benefit from division. Bitcoin gold will meet the expectation.

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less than 24 hour price up from 5,600 to 6,000 new fork made high effect

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Quote from: chickenfried12 on October 20, 2017, 01:58:20 PM

now on preev price 5979 $ it will be down maybe a couple weeks and than on the max point will be 7K $ before end of this year and it ll be happens shortest time

than will see pricee fall donw or grow up

I'm also waiting for bitcoin to reach the price of 7000 dollars. It seems to me that this is very likely in the next few weeks. Maybe immediately after the split

chickenfried12

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now on preev price 5979 $ it will be down maybe a couple weeks and than on the max point will be 7K $ before end of this year and it ll be happens shortest time

than will see pricee fall donw or grow up

anhhung409

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Quote from: Idrisu on October 18, 2017, 01:33:38 AM

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.

Your predictions are quite well-founded as Bitcoin's prices have been stagnant recently. So let's take this opportunity and invest in Bitcoin, there is no sign that Bitcoin will cool down later this year. So, even if Bitcoin detains less than $ 5,500, there will still be plenty of it so you do not have to worry about its price dropping.

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Quote from: bitcoinvestor on October 20, 2017, 07:47:33 AM

Quote from: Tyrantt on October 18, 2017, 02:54:09 AM

This price correction was just a matter of time and I thing that it will, maybe, drop down to somewhere around $4600 but then it would start going back up again just as it did some days ago. It was expected after the price jumped for $1000 in 2 days.

it is usual that bitcoin is jump and down. When the price jump, means the number of demand increases and vise versa. the price now is about 5000- 6000. When bitcoin falls from 5800 to 5200, it is not too significant, I think it is just profit taking action by traders. I think we would worry if the price drops to 3000 from 5500. This a deep plunge.

But think about the people getting in to bitcoin at this point. If you're new and you're buying now, it's because you think this is easy money. You have no interest in the crypto or the blockchain, you're just a bandwagoner who hears stories about people getting bitcoin rich and you're looking for the same easy success. People like that are terrible for actual adoption, because they're the first to jump ship when it starts sinking. Without a doubt, I believe that there is a group of dedicated people who are pushing for actual adoption of bitcoin because they believe it's a superior system, but they are far outnumbered by the unsophisticated simpletons simply chasing momentum. My person opinion is this is a bubble at this point, and you should proceed at your own peril. The true bitcoin believers won't be able to sustain anywhere near this price when the pretenders start fleeing.

bitcoinvestor

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Quote from: Tyrantt on October 18, 2017, 02:54:09 AM

This price correction was just a matter of time and I thing that it will, maybe, drop down to somewhere around $4600 but then it would start going back up again just as it did some days ago. It was expected after the price jumped for $1000 in 2 days.

it is usual that bitcoin is jump and down. When the price jump, means the number of demand increases and vise versa. the price now is about 5000- 6000. When bitcoin falls from 5800 to 5200, it is not too significant, I think it is just profit taking action by traders. I think we would worry if the price drops to 3000 from 5500. This a deep plunge.

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As of now the price of bitcoin is 5800 and dollars. Last few hours the price of bitcoin yesterday is lpwer than 5500 dollars. But if you see it will increase again and i hope the price will continue so those people have bitcoin in their wallet can earn a lot of profit in the future. I suggest to those peope have bitcoin its better to hold your bitcoin and keep buying because possible the price become 7k dollars.

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Quote from: Idrisu on October 18, 2017, 01:33:38 AM

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.

Like it when someone push bitcoin speculation further imagination. Why someone wouldn't say that after so many years we have seen its immediate hike from 500$ to all up 6K USD last week. I mean if this continues then yeah 7k is surely possible in a month and going beyond that we can see 10k hike at next year start. Feeling like to stack up some bitcoins today only. This is all result of people's stable investment. Most of people are now trusting bitcoin in future perspective and hence its price hike stabilising.

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Quote from: polymerbatt on October 20, 2017, 06:08:00 AM

Quote from: supine on October 20, 2017, 06:02:29 AM

Quote from: Idrisu on October 18, 2017, 01:33:38 AM

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.

This might be correct, however, we will see how bitcoin price will do after the upcoming hard fork, a lot of bitcoin users are holding all the bitcoins they can because they want to get easy money this upcoming hard fork. I really think that this hard fork will be just the same as bitcoin cash. Bitcoin will still be number one after it.

Do you think the price of bitcoin will stay or even increase after the upcoming hard fork ? I think people holding bitcoin and even buy more today because they want bitcoin gold, that's why the bitcoin price increasing so high right now. After the fork ? We don't know man.

No one can correctly predict the movement of the price specially in this kind of market. And with the upcoming fork, we just hope for the best that we will be going up. But if this is will not be true, then we need to adjust with the situation. For now its just a waiting game. So the best point of attack is just to really hold and get the free bitcoin gold and buy more bitcoin and hodl it for long haul. That's why a conservative investors do so that they won't be stressed out because bitcoin is really a volatile market. Hodl and buy in dips. Rinse and repeat that method. And I'm sure that you will not be stressed out or nervous if the price goes down.

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Quote from: Idrisu on October 18, 2017, 01:33:38 AM

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, there are always adjustments when the bitcoin value goes up too fast. And I think that these adjustments are reasonable, it is completely beneficial for bitcoin and the whole market. It does not inhibit bitcoin. It just makes bitcoin more stable.

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Quote from: supine on October 20, 2017, 06:02:29 AM

Quote from: Idrisu on October 18, 2017, 01:33:38 AM

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.

This might be correct, however, we will see how bitcoin price will do after the upcoming hard fork, a lot of bitcoin users are holding all the bitcoins they can because they want to get easy money this upcoming hard fork. I really think that this hard fork will be just the same as bitcoin cash. Bitcoin will still be number one after it.

Do you think the price of bitcoin will stay or even increase after the upcoming hard fork ? I think people holding bitcoin and even buy more today because they want bitcoin gold, that's why the bitcoin price increasing so high right now. After the fork ? We don't know man.

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Quote from: xSkylarx on October 19, 2017, 07:35:55 AM

Quote from: player514 on October 18, 2017, 01:48:46 AM

Quote from: Idrisu on October 18, 2017, 01:33:38 AM

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.

You're definitely correct about the fact that all of this is due to corrections. I suspect that once BTC hit 5,500, a decent amount of investors decided to sell. However, there must have been more people trying to hop on the boat, so the evaluation rose to 5,800. Either way, it seems like there will soon be another big jump.

Yes I think there will also be a big jump if I am not wrong there will be another hard fork for bitcoin,
So I think there will be a huge pump because a lot of people would want to save or have bitcoin before the fork to have another free coin.

Its really hard where the price would be before and specially after the fork. If you look at it last Aug. 1, bitcoin surges ahead with a $1000 spike in 24 hours. So this scenario could also happened in Oct. 25. But what I see is that the investors jump too early, that's why we see a sudden slump in the price just 2 days ago. So its gonna be a roller coaster ride up to the day of the actual fork. I remember I stayed late just to see what will happened on Aug. 1. LOL. But as long as you have bitcoin is a wallet or even exchanges that supports the fork,, you will get your free coins. Just be careful though because there will be a lot of phishing sites that will claim can give you the free bitcoin gold by providing them your private keys. Be careful otherwise our bitcoin will be gone together with your free money.

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