Forecast for the next week. | Bitcointalksearch.org

CoinsCoinsEverywhere

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Quote from: Hazir on November 09, 2017, 01:25:39 PM

One is certain here: the fact that SegWit2x hard fork is called off means less uncertainty going forward and that augurs well for the BTC in the long run.
Don't pay attention to this small decline - it has been always like that when bitcoin reached ATH - people just want to make an immediate profit and are selling off coins to make a quick buck.
We might see bearish movement for a brief moment - but that is a great time to purchase more BTC.

Agreed. Given how much bitcoin has gone up over the last few weeks, I'm not even sure I would call the decline back to $7k worth mentioning--it's practically intra-day noise. Wink

In any case, if we can stay above the bottom of the segwit2x cancelation news reaction (~$7k), I will remain bullish, even in the short term.

2double0

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Quote from: Hazir on November 09, 2017, 01:25:39 PM

One is certain here: the fact that SegWit2x hard fork is called off means less uncertainty going forward and that augurs well for the BTC in the long run.
Don't pay attention to this small decline - it has been always like that when bitcoin reached ATH - people just want to make an immediate profit and are selling off coins to make a quick buck.
We might see bearish movement for a brief moment - but that is a great time to purchase more BTC.

That's what the "TRADERS" do, but "INVESTORS" don't think the same way.
Traders sell at highs while investors wait for it to decline to buy some more stash.
Traders speculate market's moves, investors decide market's wagers.
"Think as an investor" is my advice to those who believe that selling off is better.
If you will not hold, I believe you aren't ought to see those prices you speak about.

Hazir

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One is certain here: the fact that SegWit2x hard fork is called off means less uncertainty going forward and that augurs well for the BTC in the long run.
Don't pay attention to this small decline - it has been always like that when bitcoin reached ATH - people just want to make an immediate profit and are selling off coins to make a quick buck.
We might see bearish movement for a brief moment - but that is a great time to purchase more BTC.

Slow death

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Quote from: pathankp on November 07, 2017, 01:12:28 PM

targets: $6775, $6500

it seems that you have some crystal ball, today the price dropped to $6700 and then went back up to $7200, I think we will stay in that zone from $6000 to $7500 in this year and next year until late February we can reach $10.000

Quote from: Samarkand on November 09, 2017, 11:45:26 AM

Quote from: BUK2016 on November 09, 2017, 11:29:47 AM

...
Well I believe that the correction will not that much since there is going to be another FORK by December. For long term investors there is no reason to worry about the current correction we are witnessing now for there is hope of bitcoin growth before end of the year.

Are you talking about the Bitcoin Silver fork plans?
https://bitcointalksearch.org/topic/bitcoin-silver-make-bitcoin-decentralized-again-2311582

I highly doubt that this fork will amount to much. As of now the fork has neither a website nor a whitepaper. Besides,
I couldn´t find a Github, which isn´t a good sign regarding development activity.

Most exchanges have ignored Bitcoin Gold so far and that project was much more elaborate than Bitcoin Silver. I can´t imagine
that any serious exchange is going to list it. Therefore I also highly doubt that the Bitcoin Silver fork if it were to happen at all
will have any impact on the BTC price whatsoever.

bitcoin silver is a joke: " Make Bitcoin Decentralized Again "

Samarkand

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Quote from: BUK2016 on November 09, 2017, 11:29:47 AM

...
Well I believe that the correction will not that much since there is going to be another FORK by December. For long term investors there is no reason to worry about the current correction we are witnessing now for there is hope of bitcoin growth before end of the year.

Are you talking about the Bitcoin Silver fork plans?
https://bitcointalksearch.org/topic/bitcoin-silver-make-bitcoin-decentralized-again-2311582

I highly doubt that this fork will amount to much. As of now the fork has neither a website nor a whitepaper. Besides,
I couldn´t find a Github, which isn´t a good sign regarding development activity.

Most exchanges have ignored Bitcoin Gold so far and that project was much more elaborate than Bitcoin Silver. I can´t imagine
that any serious exchange is going to list it. Therefore I also highly doubt that the Bitcoin Silver fork if it were to happen at all
will have any impact on the BTC price whatsoever.

diouf67

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Quote from: treather on November 09, 2017, 11:00:31 AM

The correction did not last too long, good sign there. I think people are wary of paying over $.8000 for bitcoin at the moment, so we will see it settle between $7000 and $7500 in November as the dust settles on the bull run.

I think you are right in the next month or so, I suspect 8000 would've been breached if the fork went ahead but bitcoin would've quickly corrected back down to 7k or less, I do not see the price dropping much below 6500 if at all.

BUK2016

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Quote from: pathankp on November 07, 2017, 01:12:28 PM

BTC went for correction TILL November 16

targets: $6775, $6500

Closer by November 14-16 growth CAN begin again, and now bulls want to buy more BTC.

You can buy parts a BTC, in process of fall, but buy TILL November 14, you have a week

And in general very strong support in the region of $6000

Well I believe that the correction will not that much since there is going to be another FORK by December. For long term investors there is no reason to worry about the current correction we are witnessing now for there is hope of bitcoin growth before end of the year.

treather

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The correction did not last too long, good sign there. I think people are wary of paying over $.8000 for bitcoin at the moment, so we will see it settle between $7000 and $7500 in November as the dust settles on the bull run.

BingoDog

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Since the scheduled fork for the next week is cancelled that will influence the price in certain way but not necessary in bad way. Probably the price will not go down but neither up, it will stay around 7000$ without some big movements. And then everyone will wait for the next fork to see what is going to happen. This endless circle should be stopped it doesn't bring any good to bitcoin.
Next week I will leave my coins were they are and wait for the price to consolidate again.

electronicash

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Quote from: Bapt07 on November 09, 2017, 10:49:39 AM

Quote from: azguard on November 09, 2017, 07:41:35 AM

Quote from: Pleione527 on November 09, 2017, 12:09:52 AM

I think there is no much movement in the price of bitcoin by next week given the fact that the scheduled hard fork was cancelled and also I think the price of bitcoin may stay at $7000 - $7500 I don't think this would ever drop I can see that the price is quite stable in the past weeks I just hope that this will continue up to the end of this year. I am also hoping that other altcoin will pump because I made some investment to them.

True not much movement in price always in same range little down little up but range is at the moment stable. Still have believe that it will broke 8000 by this years end, read here in some tread that they hope for predictions on price reaching and breaking 10k for one bitcoin. Im little skeptic on this price but I will be happy if this comes to be.

I feel exactly the same, we have currently found quite a "stable" region for BTC price (not sure if BTC price and stable can go together though Roll Eyes

), need some consolidation there to go further up !

now that segwit2x was cancelled, i think its not going to go up further anymore but will dip a bit before going up and it could happen maybe next year. $10K is possible in Q1 2018. but right now, its altcoin time which is why mots of them spike up to 20% every day.

Bapt07

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Quote from: azguard on November 09, 2017, 07:41:35 AM

Quote from: Pleione527 on November 09, 2017, 12:09:52 AM

I think there is no much movement in the price of bitcoin by next week given the fact that the scheduled hard fork was cancelled and also I think the price of bitcoin may stay at $7000 - $7500 I don't think this would ever drop I can see that the price is quite stable in the past weeks I just hope that this will continue up to the end of this year. I am also hoping that other altcoin will pump because I made some investment to them.

True not much movement in price always in same range little down little up but range is at the moment stable. Still have believe that it will broke 8000 by this years end, read here in some tread that they hope for predictions on price reaching and breaking 10k for one bitcoin. Im little skeptic on this price but I will be happy if this comes to be.

I feel exactly the same, we have currently found quite a "stable" region for BTC price (not sure if BTC price and stable can go together though Roll Eyes

), need some consolidation there to go further up !

azguard

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Quote from: Pleione527 on November 09, 2017, 12:09:52 AM

I think there is no much movement in the price of bitcoin by next week given the fact that the scheduled hard fork was cancelled and also I think the price of bitcoin may stay at $7000 - $7500 I don't think this would ever drop I can see that the price is quite stable in the past weeks I just hope that this will continue up to the end of this year. I am also hoping that other altcoin will pump because I made some investment to them.

True not much movement in price always in same range little down little up but range is at the moment stable. Still have believe that it will broke 8000 by this years end, read here in some tread that they hope for predictions on price reaching and breaking 10k for one bitcoin. Im little skeptic on this price but I will be happy if this comes to be.

Pleione527

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I think there is no much movement in the price of bitcoin by next week given the fact that the scheduled hard fork was cancelled and also I think the price of bitcoin may stay at $7000 - $7500 I don't think this would ever drop I can see that the price is quite stable in the past weeks I just hope that this will continue up to the end of this year. I am also hoping that other altcoin will pump because I made some investment to them.

player514

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Quote from: pathankp on November 07, 2017, 01:12:28 PM

BTC went for correction TILL November 16

targets: $6775, $6500

Closer by November 14-16 growth CAN begin again, and now bulls want to buy more BTC.

You can buy parts a BTC, in process of fall, but buy TILL November 14, you have a week

And in general very strong support in the region of $6000

Oddly enough, it seems like we aren't doing too bad in regards to an immediate drop. We sure did drop a little bit, from a bubbled up 7,800 to around 7,300. It seems like we could see a bit more of a steady decline over the next week or we're just going to hover around this area right now. If it ever gets to the point where we go to 6000, people are going to buy like crazy and price will rebound then.

minersday

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I think that we are going to face a huge dump tomorrow, i dont know, but i am thinking about selling some of my bitcoins for some tether, and i will re-buy bitcoins when it touches at least 7k again, i dont know, but i am very sure. If you are looking at the charts and paying attention to the bollinger bands, the price is probably going to be bullish for some more time.
I dont know guys, this is very confusing, but it might be a good opportunity to make some more profits from this scenario.

Youghoor

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It touched more than 7700 today, it was very bullish for more than 5 hours, but now it is going down, i dont know the real reason. a lot of people said that it was because very big whales were dumping their coins, but you all know how this market works, it will always go up, so there is no need to worry at all, i really expect to see the price over 8000 before december, and i am sure that it is going to happen.
But with all this mess from segwit fork, there are going to be a lot of issues and of course, a lot of FUDs too.

Gabb

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Fortunately, it is well known that this pseudo science called "technical analysis" is nothing more than a quackery, and in fact there do not seem to be sufficient elements to think that bitcoin can be lose almost 25% of its current value and fall back to the area of $6,000. On the contrary, every day there are great news about the bitcoin that makes it one of the best investments in the world, which will continuously attract more capital and make it more desirable.

ivrynx

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Since there is no fork as of this time, we had seen the value drop from around 7700 down to 7250, in which i think the correction will happen this time, and we might see bitcoin's value still increase in the coming days, probably around 7300-7500 usd, since there are good news coming along the way, like from Argentina, the CME, I think news like these are making an impact in the crypto market, it only shows that more and more people are trusting Bitcoin and not just in it for the fear of missing out, since most investors now had felt the rise in the value of Bitcoin.

hahahafr

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nobody knows yet, but i am sure that bitcoin is going to be growing again once that the new fork is done, i am pretty sure of that, because it happened everytime that there is a new fork, just like it happened with bitcoin cash, and with bitcoin gold, it is a classic..
But yes, it will keep going down for now, and after the fork it is going to recover again to $7500, but who knows? a lot of people are speculating about seeing bitcoin over $8000 after November 16th.

bitcoin31

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Many people daid for sure bitcoin price will decrease because of the fork and many peope said also the price of bitcoin will increase. But for me I hope the price of bitcoin will continue to tincrease and i hope even they have fork this month it's not a hindrance to increase the price of bitcoin and I hope it will increase more so we can make more profit. But we dont know what exact happen.

player514

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Quote from: electronicash on November 07, 2017, 01:16:59 PM

Quote from: pathankp on November 07, 2017, 01:12:28 PM

BTC went for correction TILL November 16

targets: $6775, $6500

Closer by November 14-16 growth CAN begin again, and now bulls want to buy more BTC.

You can buy parts a BTC, in process of fall, but buy TILL November 14, you have a week

And in general very strong support in the region of $6000

its possible but it can speed up to 8KUSD as there is another fork this december. i don't know if its going to be supported by exchanges but its going to be good to have them still, its free money of course.

we're very much happen when btc price reach to $2k, i have no say to its value right now.

The caveat with the "free money" is that there is going to be a bubble right before each fork because everyone will try to purchase more Bitcoin so that they get that forked coin too. The bubble bursts right after the fork, however, just as we saw with Bitcoin gold. I don't think it's very healthy to have so many forks because it just increases the already volatile Bitcoin's shakiness. I could see OP's prediction of 6500 after the fork.

electronicash

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Quote from: pathankp on November 07, 2017, 01:12:28 PM

BTC went for correction TILL November 16

targets: $6775, $6500

Closer by November 14-16 growth CAN begin again, and now bulls want to buy more BTC.

You can buy parts a BTC, in process of fall, but buy TILL November 14, you have a week

And in general very strong support in the region of $6000

its possible but it can speed up to 8KUSD as there is another fork this december. i don't know if its going to be supported by exchanges but its going to be good to have them still, its free money of course.

we're very much happen when btc price reach to $2k, i have no say to its value right now.

pathankp

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BTC went for correction TILL November 16

targets: $6775, $6500

Closer by November 14-16 growth CAN begin again, and now bulls want to buy more BTC.

You can buy parts a BTC, in process of fall, but buy TILL November 14, you have a week

And in general very strong support in the region of $6000

Topic: Forecast for the next week. (Read 606 times)