Its possible bitcoin going down under 7K this weekend?

Techmind

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Quote from: bitcoin31 on November 19, 2017, 08:44:14 PM

The price as of now is already 8k dollars and maybe it will decrease but we don't know when we dont know if this weekend.
But i hope the price of bitcoin will continue to increase.

The price is $8460 now. I do not think the price will drop a lot until it reaches CME future next month.

KaliLinux

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Quote from: JFDG on November 17, 2017, 09:03:40 PM

Hi guys, Today bitcoin reached 8K, but now is in road to 7K, its good time to buy?

i'll be waiting by yours answers, thanks

When we look at the value trend from past 1 month could observe tremendous growth in its value. Yes $7k is low compared with current trend. Its advisable to buy now at $8k because we are expecting it will touch atleast $10K.
Let see how its moving up.
Also the value is not staying at the same value even the trend goes down. Awaiting to see $10k

allohha

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Quote from: wuvdoll on November 24, 2017, 10:43:01 AM

Quote from: magneto on November 21, 2017, 04:44:57 AM

Quote from: JFDG on November 17, 2017, 09:03:40 PM

Hi guys, Today bitcoin reached 8K, but now is in road to 7K, its good time to buy?

i'll be waiting by yours answers, thanks

Whenever the price drops below $7500 now i would definitely try buy at least 10% of what you've got to buy bitcoin with. But i don't think that it's going to happen at least any time soon this year.

Usually when bitcoin drops happen it is because of altcoins rising in value, especially forks of bitcoin. Now that the BCH bubble has burst and the BTG bubble is also correcting, i doubt we'll see a rise from either any time soon.

Therefore, price of BTC shouldn't go down much.

This is what any reasonable person would do but as far as I am concerned, we may not really get below $7000 as it is one hell of a huge correction to have now.

We have been able to hit a new ATH from a breakout recently and in cases like that and looking at the trends, that usually leads to a new ATH or another level of break out. One thing I have realized though is that bitcoin is full of huge surprises.

I do not think that the demand for crypto currency is a very strong influence on the price, because recently there has been a very strong and rapid change in prices in the market, so I suspect that it is necessary to talk about other reasons that are more important and problematic

wuvdoll

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Quote from: magneto on November 21, 2017, 04:44:57 AM

Quote from: JFDG on November 17, 2017, 09:03:40 PM

Hi guys, Today bitcoin reached 8K, but now is in road to 7K, its good time to buy?

i'll be waiting by yours answers, thanks

Whenever the price drops below $7500 now i would definitely try buy at least 10% of what you've got to buy bitcoin with. But i don't think that it's going to happen at least any time soon this year.

Usually when bitcoin drops happen it is because of altcoins rising in value, especially forks of bitcoin. Now that the BCH bubble has burst and the BTG bubble is also correcting, i doubt we'll see a rise from either any time soon.

Therefore, price of BTC shouldn't go down much.

This is what any reasonable person would do but as far as I am concerned, we may not really get below $7000 as it is one hell of a huge correction to have now.

We have been able to hit a new ATH from a breakout recently and in cases like that and looking at the trends, that usually leads to a new ATH or another level of break out. One thing I have realized though is that bitcoin is full of huge surprises.

hesham51

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My gut tells me that bitcoin is relaxing for its next shoot, just hang on with it.

Pamadar

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Quote from: streazight on November 24, 2017, 09:57:26 AM

Quote from: JFDG on November 17, 2017, 09:03:40 PM

Hi guys, Today bitcoin reached 8K, but now is in road to 7K, its good time to buy?

i'll be waiting by yours answers, thanks

Well, so far so good, your speculations are wrong and bitcoin did not indeed go below $7000. I am really not sure we should be expecting some huge massive correction any moment now, as we might just keep seeing some bullish activities for now but no one really knows. Bitcoin only came down a little below $8000 and that really shows a lot that the support is growing stronger than expected.

Yeah right its seems that its aiming to reach 10k$ and looking from some downfall its just easily been taken by massive supporters so speculation that it will fell below 7k$ didn't showed after a week let's see if how long this would stay with 8k$ level still looking for the best result for my investment.

streazight

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Quote from: JFDG on November 17, 2017, 09:03:40 PM

Hi guys, Today bitcoin reached 8K, but now is in road to 7K, its good time to buy?

i'll be waiting by yours answers, thanks

Well, so far so good, your speculations are wrong and bitcoin did not indeed go below $7000. I am really not sure we should be expecting some huge massive correction any moment now, as we might just keep seeing some bullish activities for now but no one really knows. Bitcoin only came down a little below $8000 and that really shows a lot that the support is growing stronger than expected.

raven7886

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Quote from: bitcoin31 on November 19, 2017, 08:44:14 PM

The price as of now is already 8k dollars and maybe it will decrease but we don't know when we dont know if this weekend.
But i hope the price of bitcoin will continue to increase.

The truth is that no one really knows what the outcome of bitcoin can be and only one scenario would really have caused bitcoin to get below $7000 in the first place which the chances of it breaking that support level was so low. Still, we are already having some new support at $7700 so far and anything below that though can make it go lower or we might just have to break another resistance from what I am seeing.

mharz

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It's hard to say that bitcoin value are dropping down under $7,000, because price of bitcoin now in the market is expensive. Also due of good reputation of bitcoin into the crypto currency industry it is impossible for us to believe that bitcoin value are immediately dropping down to $7,000 in this weekend.

I think speculating of bitcoin price in the market is too much hard, but if we believe into the bitcoin and their ability to increase their value on their own. I think we don't need to doubt regarding fluctuation of bitcoin price in to the crypto currency community. Also I trust bitcoin that their price will not fall down into $7,000 this weekend or even after this year.

DrGuns4Hands

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It is hard to speculate because bitcoin has a lot of surprises in the past few days, like it will drop but then will spike later on. But for now i don't think it will go down under 7k this weekend and i think it will stabilize in 8k and keep growin'.

haroldtee

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Quote from: ?? on ??

no one can know but bitcoin now go up not down so it is hard to back again less than 7,000$ price

The truth is no one can really know and bitcoin is always going to keep surprising us. It is good that we can share opinions and speculate, but the market is all that determines at the end what would end up happening. We already had a break out and now we are having a new consolidation which is ongoing, so it is still a bit early to really know where the trend leads. We might have another break out soon though from my analysis.

AjithBtc

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Vave.com - Crypto Casino

Quote from: magneto on November 21, 2017, 04:44:57 AM

Quote from: JFDG on November 17, 2017, 09:03:40 PM

Hi guys, Today bitcoin reached 8K, but now is in road to 7K, its good time to buy?

i'll be waiting by yours answers, thanks

Whenever the price drops below $7500 now i would definitely try buy at least 10% of what you've got to buy bitcoin with. But i don't think that it's going to happen at least any time soon this year.

Usually when bitcoin drops happen it is because of altcoins rising in value, especially forks of bitcoin. Now that the BCH bubble has burst and the BTG bubble is also correcting, i doubt we'll see a rise from either any time soon.

Therefore, price of BTC shouldn't go down much.

Bitcoin price now has got stability to move forward. The same drives the user towards bitcoin buying at price drop points hoping for a large scale profiting, and at some time interval the price falling down is common. And this time the same won't take the price go low to $7000.

magneto

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Quote from: JFDG on November 17, 2017, 09:03:40 PM

Hi guys, Today bitcoin reached 8K, but now is in road to 7K, its good time to buy?

i'll be waiting by yours answers, thanks

Whenever the price drops below $7500 now i would definitely try buy at least 10% of what you've got to buy bitcoin with. But i don't think that it's going to happen at least any time soon this year.

Usually when bitcoin drops happen it is because of altcoins rising in value, especially forks of bitcoin. Now that the BCH bubble has burst and the BTG bubble is also correcting, i doubt we'll see a rise from either any time soon.

Therefore, price of BTC shouldn't go down much.

bitcoin31

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The price as of now is already 8k dollars and maybe it will decrease but we don't know when we dont know if this weekend.
But i hope the price of bitcoin will continue to increase.

HatakeKakashi

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The price of bitcoin is already 8k dollars and if you wait the price become 7k dollars again it's okay because even the price are continue to increasw they have possible to decrease again. But high percentage of the bitcoin price will increase. It's your choice if buy right now or you can wait more days .

Rozita

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Quote from: Domenc on November 19, 2017, 11:29:14 AM

Quote from: JFDG on November 17, 2017, 09:03:40 PM

Hi guys, Today bitcoin reached 8K, but now is in road to 7K, its good time to buy?

i'll be waiting by yours answers, thanks

Anything can happen in cryptocurrency, so one cannot be sure about the price in the coming days. Also crash is in invitable so there can be situation in the coming days when price falls below 7 k. But looking at the current statistics, there is no reason for such fall if you really want to invest in Bitcoin then I would suggest to wait for some days. As volatility factor will make the price drop under 7k for sure.

There is no guarantee that bitcoin price will drop to under 7000 dollar. Seems that the price has become stable. Better to invest now and wait for the next rise in price.

Domenc

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Quote from: JFDG on November 17, 2017, 09:03:40 PM

Hi guys, Today bitcoin reached 8K, but now is in road to 7K, its good time to buy?

i'll be waiting by yours answers, thanks

Anything can happen in cryptocurrency, so one cannot be sure about the price in the coming days. Also crash is in inevitable so there can be situation in the coming days when price falls below 7k USD. But looking at the current statistics, there is no reason for such fall if you really want to invest in Bitcoin then I would suggest waiting for some days. As volatility factor will make the price drop under 7k for sure at some or another.

STT

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Quote from: JFDG on November 17, 2017, 09:03:40 PM

Hi guys, Today bitcoin reached 8K, but now is in road to 7K, its good time to buy?

i'll be waiting by yours answers, thanks

I see a symmetrical wedge pattern above 7448. So we are looking for a break of that pattern for a significant change to price to occur. All that means right now is that its clear that price is reducing in its range, its becoming more focused before exploding up or down presumably.

I think the standard interpretation of such a pattern is to say a continuation of trend. Obviously Bitcoin has been rising and so long as we stay above 7448, confirming above on a 4hr candle then its bullish now.

I would not guess below 7k this weekend but as far as buying we move emotionally to a sell off quite often in bitcoin and I would just wait for China to announce something negative. BTC is global so its not about 1 country and really the sell off needs more of a reason then that. But China is big and it'll drop under such negatives, that could be said to be something of a buying possible opportunity. Right now its just a case of a staircase, we step higher generally

ajqjjj

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Quote from: faithupgrade on November 19, 2017, 10:52:55 AM

Chart says bitcoin will go down a little bit to rally to 8000usd. The Bitcoin investments from Wall street is enough to push BTC to 10k to 12k.

Quote from: JFDG on November 17, 2017, 09:03:40 PM

Hi guys, Today bitcoin reached 8K, but now is in road to 7K, its good time to buy?

i'll be waiting by yours answers, thanks

I am not worry about the little dumps at anytime because this fear is only on the people who have been faced the biggest dump in the year 2013. After that to now there is no reason to fear about the bitcoin price dump. Because every time bitcoin price is being recovered to the big blast all the time. That is also especially from time last halving continuous bump in the chart.

faithupgrade

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Chart says bitcoin will go down a little bit to rally to 8000usd. The Bitcoin investments from Wall street is enough to push BTC to 10k to 12k.

Quote from: JFDG on November 17, 2017, 09:03:40 PM

Hi guys, Today bitcoin reached 8K, but now is in road to 7K, its good time to buy?

i'll be waiting by yours answers, thanks

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