Corrections are perfectly normal, the longer term trends are intact. In May the price rose especially fast and perhaps in unsustainable way, for markets to double check pricing and correct it back to what is most usable for seller and buyer is a good thing. If people dont use bitcoin that'd be the real negative, its a product which must be used to be valued imo.
Right now Im watching it on a chart and even after falling its still within an uptrend. Its very positive still, I dont know it'll continue upwards but Bitcoin is really not negative in any wider context. Markets just chose today for taking profits on previous gains, overall I believe its still set to gain. Unless I read any news to justify a negative view, the price alone is quite positive as far as I can see
Topic: Btc Price (Read 573 times)
The price of Bitcoin is just a speculation since the people who purchased it a long while ago was planning on dumping the coin when the price gets high. I think that the price of Bitcoin will grow to $3,000 much sooner than we think because the people that know about the pump will tell more people about Bitcoin.
I'm So Confused XD
Noone knows this other way the person that would knew this would be a billionaire. Price could either be 3000$ or could fall down to 1100$ around again.
Only future will tell
, i know only one thing. Its best to buy and hold. No matter the price. Dont get too emotional. Really short therm : correction is happening , little drop.
Short therm : Going up to 3000-5000$
Later : Rising up to 10k then a lot of people are probably going to cash out so again little drop.
Long therm : Stabilization around 15k for low expectations , 50k for High
Dont take my words as pure truth , I'm not nostradamus.
Short therm : Going up to 3000-5000$
Later : Rising up to 10k then a lot of people are probably going to cash out so again little drop.
Long therm : Stabilization around 15k for low expectations , 50k for High
Dont take my words as pure truth , I'm not nostradamus.
Exactly like this keep buying at almost 3k 
Really short therm : correction is happening , little drop.
Short therm : Going up to 3000-5000$
Later : Rising up to 10k then a lot of people are probably going to cash out so again little drop.
Long therm : Stabilization around 15k for low expectations , 50k for High
Dont take my words as pure truth , I'm not nostradamus.
Short therm : Going up to 3000-5000$
Later : Rising up to 10k then a lot of people are probably going to cash out so again little drop.
Long therm : Stabilization around 15k for low expectations , 50k for High
Dont take my words as pure truth , I'm not nostradamus.
I think on short term correction will continue and only later, medium term if we can say this, the price can start growing again and long term the expectatives are really good... I think the best to do now is to wait, keep watching the price, when it starts increasing again, buy BTCs instantly and hold. We had a good opportunity to sell Bitcoins yesterday and today to make profit, unfortunatelly I didn't have time to do it in time...
Really short therm : correction is happening , little drop.
Short therm : Going up to 3000-5000$
Later : Rising up to 10k then a lot of people are probably going to cash out so again little drop.
Long therm : Stabilization around 15k for low expectations , 50k for High
Dont take my words as pure truth , I'm not nostradamus.
Short therm : Going up to 3000-5000$
Later : Rising up to 10k then a lot of people are probably going to cash out so again little drop.
Long therm : Stabilization around 15k for low expectations , 50k for High
Dont take my words as pure truth , I'm not nostradamus.
No one knows. But my personal opinion: Buy anyway while you can. The truth is that this is just the beginning, and even though we are experiencing the all-time high, the price of Bitcoin is still extremely low for the future it will have. But be aware that the risks remain the same and that you should only buy if you know there is a chance of the price to fall and you lose a lot of money.
I'm So Confused XD
Jump to: