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Topic: Do you think that Bitcoin's price will still drop nearly below $9000? - page 3. (Read 501 times)

full member
Activity: 406
Merit: 174
I think Bitcoin is at a risk now of being ignored by the market and hence its price may not increase as much during a bull run. This is because people are more interested in higher returns investing into alts, and they're also spreading their "core" portfolio into next-gen coins like ADA, EOS, ETH, NEO etc. BTC is viewed as a dinosaur by many investors so there is a chance it could drop in value whilst the majority of the market goes up. Whether it will reach $9k exactly or not is just speculation.
full member
Activity: 294
Merit: 125
Bitcoin will not drop below 9000. maybe bitcoin will touch that price and move up a little bit again. As of now i am expecting a sideway movement of bitcoin price from 9000 to 11,500 to 13,000. The bitcoin price needs to rest for a little while before running again into a new ATH (All Time High).

For me 9,000 price is the bottom price of bitcoin now. and i will buy alot of btc at that price level.
sr. member
Activity: 1638
Merit: 300
No one can predict the price of bitcoin because its very volatile.

It must be unpredictable since it is very volatile but there are some that actually predicted the price movement in the near future even if it is not that accurate, it is still amazing.

And those who have made "accurate" predictions have also made a lot of miss predictions.

That is a given since it is only a prediction.

But there would be time that the market will rally. Its just the nature of our market.

I do not know why a lot of people are panicking with this kind of movement. If you will be asking me it is the time where you plan another strategy for the future pumps that will happen. We are investing, trading and holding digital currencies which are actually volatile assets, so the price will be really unstable. Even before we laid our money in these assets I think everyone should know that it is really like this investing in these assets.
legendary
Activity: 1652
Merit: 1088
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There is a support line at around $9000, but also one around $10,000. Bitcoin seems to be holding above $10,000 and is trading between $10,000 and $12,000.

Part of the reason is that there are a lot of hidden buys set just under $10,000
full member
Activity: 658
Merit: 103
Many of those people who predict the price of bitcoin will come down again like he raced to show the technical predictions he made.

if it is true can you give an accurate reason not just speculation and not just a fake streak of technical predictions?

and why the decline in Bitcoin prices is quite prolonged?
There is no such thing as accurate predictions in crypto world you must got to make risky decisions to make much larger gains to your side those who predict bitcoin are likely to be a spammer or just giving false statements to trigger the panic selling retreat and it goes all along down to low pricing matter.

The reason why Bitcoin price is prolonged and low it was because of false statements and negative feedback that had been given by some confident individual thinking they are right about it on BTC. At first to retreat on the upcoming disaster and giving the vibe of how they plan to sell when it takes the first dump. This was the first reason why it is declining and staying to that price range.
newbie
Activity: 113
Merit: 0
For me in short term the BTC price is around 10.2k$ to 11.5k$.
It could not go down to 9k except a very bad news come.
Many of those people who predict the price of bitcoin will come down again like he raced to show the technical predictions he made.

if it is true can you give an accurate reason not just speculation and not just a fake streak of technical predictions?

and why the decline in Bitcoin prices is quite prolonged?
full member
Activity: 420
Merit: 101
Yeah yesterday i read so many predictions that btc will decrease drastically with all its arguments but this morning i open it btc still stable. And that prediction goes out to give a statement we will see the next few days more. Which we must understand it only "predict" but it possible that it's true. True or wrong, the certainty will never be known. And as a trader we will continue to participate in the price game plot, if DUMP has to be mentally strong.
sr. member
Activity: 2828
Merit: 357
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Many of those people who predict the price of bitcoin will come down again like he raced to show the technical predictions he made.

if it is true can you give an accurate reason not just speculation and not just a fake streak of technical predictions?

and why the decline in Bitcoin prices is quite prolonged?

No one can predict the price of bitcoin because its very volatile. And those who have made "accurate" predictions have also made a lot of miss predictions. NO amount of TA can see how it goes because we based everything of speculation as you have said.

The declined is due to a lot of reasons, like government bans, FUD and people staying away and doesn't want to invest into the market because of the reasons above.

But there would be time that the market will rally. Its just the nature of our market.
jr. member
Activity: 71
Merit: 1
No and if it does happen then it will be temporary and bounce back
sr. member
Activity: 532
Merit: 250
The dip is mostly over and prices are recovering now. It can drop below 9000 but I think it will go up.
Actually I also have the same hope that bitcoin prices will continue to increase again, even I'm sure it is. Many people are talking that BTC will increase in the middle of this year but I have not been able to get accurate and reliable information, so now I can only see it and wait.
full member
Activity: 308
Merit: 100
Presale is live!
The dip is mostly over and prices are recovering now. It can drop below 9000 but I think it will go up.
newbie
Activity: 15
Merit: 2
Many of those people who predict the price of bitcoin will come down again like he raced to show the technical predictions he made.

if it is true can you give an accurate reason not just speculation and not just a fake streak of technical predictions?

and why the decline in Bitcoin prices is quite prolonged?
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