Topic: Bitcoin Prices incline below $4000 to Hit 7-day low - page 3. (Read 1253 times)
Hmm. Maybe I finally can put my 500EUR chilling at Kraken into use. Expected to use them 1. Aug, but BTC rocketed before I got a chance
I think the price has recovered to $3900 just now. New investors, people who have sold already, are people who are buying from this dip, which for me is a healthy correction. I think it will settle around $4000 for now, I don't know about $4500 though, this barrier has been touched but people starting to cash out for profit. Though I think we can break it, but it will take some time to really touch it again and sustained it for long time.
So for people who are waiting to enter the scene, right now is the perfect timing. You don't have to wait till the price goes to $3000 because it will not happened now. Bitcoin has already reach new heights so I doubt that $3000 will be possible without people buying back immediately.
So for people who are waiting to enter the scene, right now is the perfect timing. You don't have to wait till the price goes to $3000 because it will not happened now. Bitcoin has already reach new heights so I doubt that $3000 will be possible without people buying back immediately.
But price is already recovering from the dump, I think this one is usual correction after a long bull run. Price might settle between $4000 and $4500 for next few weeks before pumping over $5000.
The bitcoin price is back below $4000. According to a period of high records, declination on average prices across global exchanges at the start trading on August 22. It was already dipped more than $150 from the day’s open. At the time of writing article, bitcoin was trading at $3861.87 as it was its lowest price since April 15.
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