Topic: Bitcoin price fall below $5,500. - page 6. (Read 2060 times)
I was expecting a correction but I think that it is too early for a correction. Perhaps the whales started to roll the market order in the last days before October 25 to raise the price and increase its profit. I think that is more realistic to expect a correction in November. Bitcoin always surprises me.
I think it will stay above 5000usd till 25.oct., than we will see a correction down to 4000-4500usd.
By the end of this year, in my opinion, it will climb back to 5000+ usd... Maybe even to 6000...
By the end of this year, in my opinion, it will climb back to 5000+ usd... Maybe even to 6000...
This is a normal statistic because some people are still worried of this coming segwit2x therefore this some of them specially begginers are just want to be sure the safety of their investments even do how hard we try to explain to them the situation that this coming event is safe and tested after Aug 1 still they are afraid and considered the coming fork is a risk therefore they will start to selling their bitcoin for a sure money because anyway it is the paper money matter most.
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 $7,000. This corrections is not going to be a long one, it might just be three to four days and we would resumes another upwards movement again.
yes there was a correction to the price of bitcoin but well see this coming week before the fork begin if he still in 5000$ mark. I feel that this is only temporary and after that it will increase again the price and set again new record. It might go 6500 dollar to 7000 dollar before the year ends.
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 corrections is always been expected when bitcoins price tend to rise up its price for a short period of time which there would really be a time on where people do start up to taking profits.When you do base on technical analysis you would really able to identify out but not all the times it does work but somehow a good thing for you to see on. 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'd say we'd probably drop to $4500 at some point, and that would be the best price before reaching another ATH. I highly doubt we'll ever drop below $4000 at this point, bar any catastrophic news, such as a US ban or something.
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 $7,000. This corrections is not going to be a long one, it might just be three to four days and we would resumes another upwards movement again.
This correction might not last as you say but I think three to four days of a slow downward trend would last longer. In the past few days, it is surprising to see many actions happening all at once. That being said, price retractments are the be expected when crazy upward movement like this happens all of a sudden. In the next few days btc price might stabilize to 5000-5300$+ range but I doubt if it will try to reach new all time highagain after that since fork is near. 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 $7,000. This corrections is not going to be a long one, it might just be three to four days and we would resumes another upwards movement again.
price rise more than normal first time from many months from 4,200 to 5,800 so that it is not down it is stable in 5,000$ rang till new news came and up or down price to 6,000$ or 4,000$
Its a normal correction. For my opinion by the and of the year we will see 8000$ easy and fast.
I think it will stay above 5000usd till 25.oct., than we will see a correction down to 4000-4500usd.
By the end of this year, in my opinion, it will climb back to 5000+ usd... Maybe even to 6000...
By the end of this year, in my opinion, it will climb back to 5000+ usd... Maybe even to 6000...
The dip is normal as we might have excited traders trying to dump some of their load of bitcoins to make a quick profit from the current prices, but I am optimistic to see the price breach $6000
Price currently is at $5,300 and I think it will still go down further more to around $4000. Maybe also it is because the fork is close and people are trying to sell most of their coins to buy bitcoin in preparation for the fork so they can get Bitcoin Gold for free. This is an opportunity for those who wanted to buy bitcoins too because the price is going down still.
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.
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.
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.
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