is that bitcoin price will crash after $ 10K? - page 2.

worle1bm

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Quote from: akram143 on November 28, 2017, 09:46:27 AM

Why some people telling that bitcoin price will crash after hitting $10000?.
I don't think it will happen.
How about you guys do you think the price will crash or continue to rise.?

The prices may be gone down after the end of year as more will try to sell at that price who thinks by this price will go down and then they can rebuy at lower prices but a price dip cannot be termed as crash because crash is related to falling of price by several thousand dollar which at the moment don't seems possible. So you need to have faith in it and price downfall is not new to it as it's main feature is price volatility. For some correction it might go down but of will touch new heights after that.

Tamilson

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Quote from: longyenthanh on November 29, 2017, 03:45:06 AM

Correction must occur. Such are the laws of capital markets. Question only when?

And nobody can really tell when it will happen but based from what spreading in the community when the two forks occur it'll surely undergo a few correction so saved up yourself.
We actually surpass the $10k and it seems the rally won't stop there and many are putting their hopes that it sooner it touch $11k.

timerland

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Quote from: akram143 on November 28, 2017, 09:46:27 AM

Why some people telling that bitcoin price will crash after hitting $10000?.
I don't think it will happen.
How about you guys do you think the price will crash or continue to rise.?

This is not going to happen.

Usually when a price roof is broken through, the momentum makes the price keep rising for at least a few more weeks. A crash right now will be a complete surprise to me, and even though it can definitely happen and flash crashes have happened before, the support at $10k is too strong.

When $11000 is breached, it'll just reinforce this idea.

AjithBtc

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Quote from: Idrisu on November 29, 2017, 01:35:56 AM

Bitcoin price is not going to crash now as you can see we are above $10,800 at the moment. I read some were online that bitcoin is going to go as high as $25,000 before we would witness a serious clash. I think before December this year bitcoin may be above $12,000 and I will advise every one to keep buying.

This time price has got closer to $11000, and there won't be crash happening in the short. Price seems to increase along with altcoins in a combined manner. This might lead to price fluctuations and the same won't cause a price crash.

magneto

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Quote from: akram143 on November 28, 2017, 09:46:27 AM

Why some people telling that bitcoin price will crash after hitting $10000?.
I don't think it will happen.
How about you guys do you think the price will crash or continue to rise.?

Because some people are just bearish on bitcoin price. I think that they are probably wrong on this one, price will probably go even further up after $10k as this is a monumental moment in bitcoin's history that everyone's talking about.

Will likely continue to hit $11, 12k, then $13k.

After $13k it can definitely result in a crash, but before that, i don't think it will happen.

longyenthanh

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Correction must occur. Such are the laws of capital markets. Question only when?

Idrisu

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Bitcoin price is not going to crash now as you can see we are above $10,800 at the moment. I read some were online that bitcoin is going to go as high as $25,000 before we would witness a serious clash. I think before December this year bitcoin may be above $12,000 and I will advise every one to keep buying.

qwertyup23

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Quote from: akram143 on November 28, 2017, 09:46:27 AM

Why some people telling that bitcoin price will crash after hitting $10000?.
I don't think it will happen.
How about you guys do you think the price will crash or continue to rise.?

If an asset increases its price tenfold in less than 1 year, investors likely think that it will be a bubble since the faster its price increases, the faster that it will soon pop in the market. Also, big financial/investing companies tend to give their opinions on bitcoin stating that it might crash soon. Well, they might be saying the truth but i am clinging on the fact that they are creating news that degrade bitcoin so investors will pull their investment off, resulting to a decrease on its price. But who really knows? Maybe they are definitely right or wrong, but you can never go wrong into investing today in bitcoin as it continues to rise on the market.

coin_boss

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Guaranteed there will be a correction after 10k, just like after 1k, 5k, etc. Plenty of people are waiting to sell off their BTC once they hit that psychological milestone. But I don't think it will crash. There are too many people like the ones posting above who are waiting for 100k.

bitart

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Quote from: RamBahadur.Gurung on November 28, 2017, 01:18:05 PM

If it breaches the 10K level, then 12K will be attained in a very short duration. There seems to be a lot of resistance at $9,900 - $9,999 levels. Those who want to dump their coins have placed sell orders at that range. But after $10,000 there are not many sell orders.

It's understandable that at $10,000 there are just a few sell orders. It's like psychology a bit. If you want to sell at $10,000 you can be sure that because this is a kind of psychological resistance, a lot of people will also want to sell at $10,000 without a proper reason, just because it's a fancy number...
So what to do if you don't want to left behind with your sell order at $10,000 if the price just reach $9,999 and because of the others who set their limit to $9,999 (because $1 doesn't matter really) and price start to decrease for a short correction back to e.g.$8,000? Easy, just set your order to $9,9998 and you'll be the first to sell near $10,000. But some other guys see your order in the order book, and they start to lower their ask price to $9,997 or $9,990 after $9,9980 etc... So if there's a tough resistance, people will set their sell orders below that resistance just to be on the safe side.

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Quote from: akram143 on November 28, 2017, 09:46:27 AM

Why some people telling that bitcoin price will crash after hitting $10000?.
I don't think it will happen.
How about you guys do you think the price will crash or continue to rise.?

Well, to say the truth, I don't see Bitcoin price crashing once it touches $10,000 as it is right now. But I do know that correction is a must at a certain price level before it continues on its bulish run. Anyone who thinks that Bitcoin will crash or lose its steam hasn't really done an appraisal of cryptocurrency.

icanscript

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Perhaps there will not be a rollback.
Perhaps growth will accelerate

Huh

Valentina N

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It's not a main problem. The main problem is the effects and aftershocks after bitcoin will fly to the moon. I have no much doubts that it can be 25$ and more and no limit but how it affect on all world? World Economy? ha?

barabut

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It increased a lot in a short period of time, needs to be power up by pumping the price level down then it might start increasing again

Crypdon

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It will crash at some point, just wait for some FUD to spread around. This bubble is just waiting to pop!

gabbie2010

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Quote from: akram143 on November 28, 2017, 09:46:27 AM

Why some people telling that bitcoin price will crash after hitting $10000?.
I don't think it will happen.
How about you guys do you think the price will crash or continue to rise.?

It normal for price of bitcoin to experience pullback at $10,000 a big resistance and big round number many holders will sell off or dump the coin which will invariably result to price correction but I believe the price pullback will not go beyond $9000 before heading upward to break the $10K resistance this is price action.

jiangsuren

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i don't think the price will crash , and i think the price will hit 20K in the end of the 2017

because bitcoin now is very popular in the world

MJunioR

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Nah, it may slow a bit now but the rise will keep going at least for now.

ankit05

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carsh is too strong an expression. people thing the price may be down because $10k is an important and strong resistance point.in my opinion will continue rise can be to $10k or more.

noobinvestor

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Resistance is futile.

Just my two satoshis.

We need to look at the fundamentals. You can't time (or price) the market. Momo fails. Crypto will succeed. I think it will be bitcoin for a long time.

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