Bitcoin Forum

Hello
As per my view, price of bitcoin may drop to around 2900$ in next days as it shows strong support at this zone.
So you can convert it in USDT at current rate and can buy when it comes at new low.
Comment your suggestions also.

Yes a lot of t people doing that even me also im doing that coz the rule of law in trading is buy low and sell high i always do short trade if you have enough profit then sell it and buy again if he become low again and you already adding you bitcoins by doing this.

I do not believe that the price of bitcoin drops below $ 3,000. It is a psychological barrier. The whales will create a new panic and try to destabilize the situation regarding the transition to segwit 2 but I'm sure willing to sell their bitcoins will be less than before 1 August.

Usually after every large increae in price, it decrease a little I think the price might decrease to about 3100 dollar. It won't decrease much more. But I myself won't sell my bitcoins. I will not risk to make a small profit. I am waiting for higher price.

Well its  a common way of traders  to earn some extra bucks ,buy low and sell when it goes high. But i think the new stable bottom will be 3100$, this month and will go higher on the next months. I was thinking that because of segwit lock in for bitcoins this might create a new impact on the price. It could only be going up or down but majority is going to mars.

Bicoin prices in my opinion looks stable and until now there has been no negative news that can make bitcoin prices decreased. So then the decline in bitcoin prices looks impossible because when we look at the market share it can be said now the condition is very good.

for me $2900 was not the 'strong support' but instead $2800 mark is,
this is exactly same like we had before when Bitcoin halved in 2016,
the price dropped and after a week the price slowly recovering.
and i expected it will be something like that.

so in my strategy is put 40% all of my fiat around $2900 and 30% around $2800,
don't expecting too much about 'big support' or something like that because everything can be happen,
so it would be safe for you to keep your money around 30% from total fiat to financial back up.
when the price goes down further than we expected that's your financial back up role

It's very possible to happen that the price of bitcoin can drop down to $2,900 and even lower. But this is going to make the stability of bitcoin at $3,000 possible. If this is not going to happen for the next days or weeks then we have a new floor price and everyone is very happy to see bitcoin stable at $3,000-$3,300.

Next days: nothing is going to happen because everyone needs to take a breathe and there will be another segwit event in one week or so, so people will stay on hold.

i think bitcoin will down the price but couple of days it become more valuable my prediction it will down to 3 thousand dollar but it will come up to to 4 thousand dollars holding bitcoin is better so i always have stock of my bitcoin .but if you our a smart you know bitcoin will down you will convert it to dollar than if you knew it will come up convert it to bitcoin you can earn 100 dollars  or more.

I think we had a new floor price and that is $3000 value mark you can see that this floor is really possible to reach in the past and we can see that even if we reach that point it always goes down fast enough to switch your bitcoin to fiat, well I think now that segwit is activated we can really see that now bitcoin safe floor is at $3000 value.

All who will put their bitcoins in Fiat will lose money. We see now regret all those who listened to such advice before 1 August. Not the conditions under which bitcoin will not cost lower than $ 3500-4000 by the end of this year. Maybe we'll even see $ 5,000.

Thank goodness that we had a new floor price now. And the prediction of most of the people here that bitcoin is about to reach $4,000 - $5,000 very soon is very possible to happen. And I don't have to predict for now as I'll base on every price movement of bitcoin and it's clear now that we are hoping that bitcoin will be stable at $3k.

Makes sense to sell this high as it is probable it will go lower than this. In fact, it is even more probable due to the fact it has already gone down a bit.

I prefer to sell high but when I see it is beginning to go down.

True, each zero reset the perception and creates a new floor.

I think the market will doing the opposite most hope of trader on market in next time, maybe like Bitcoin Cash receive many predict the price of it dump to lowest price after distribute and not have value on market. But just after distribute one day, Bitcoin Cash has pumped to top 3 on coinmarketcap and the value of it in short time = a half the value of Bitcoin

Yeah i think it will stay the price around $3k to $3.2k since segwit is already been proven and tested by us and we see the big improvement about bitcoin.. Don't think that the price can be decrease below $3k since you are just pushing other people to let them sell or panic sell their bitcoin just to decrease the value and let other investors to buy cheap bitcoin before the segwit lock in..
We don't know what will be happen in the next days but i believe that bitcoin can be increase more soon instead of dropping..

I have already sold few of my bitcoin at around $3500 and now waiting to buy some cheap bitcoins at $3k reason hope it will dip till that level. But support at $3200 also looks quite strong so I might buy it at around $3100 to $3200, in next bull run price might easily cross $4k level.  ;D

When most people think that bitcoin will go down in price, at the moment I think differently. Here I am more ambitious to buy more from now, because if we look to the rising dollar market, I also think that bitcoin will follow suit.

I think it takes a long time, or an event that has a direct impact on the value of bitcoin. It will become a pedal to help bitcoin go faster.

Why do you think the price will drop off in the next few days? I doubt it slot will happen soon, I know bitcoin cash is being dumped hard and a lot of people are converting it to bitcoins, and word is that this will drive the price up some more in the next few days before the correction.

Do you have some ground and analysis on which you base your prediction about price dump or this si just the pure guessing? Because you also suggest to sell. It' s hard to predict the Bitcoin market but at current point of view it doesn't seem that new dump is on the horizont.

After what happened on August 1, I do not presume to predict the market of crypto-currencies. To date, it even seems that Bitcoin is in danger, because of its split, because a double is possible as a Trojan horse. Maybe I do not understand this much, but it worries me.

Doing opposite? Possible because predictions will always be predictions. As you had mentioned the bitcoin cash there's an expectation coming from everybody that this coin will be just good for nothing. That's why everyone is dumping it and all of us here wanted to make a lot good predictions, only for bitcoin, yes bitcoin.

Ya it is true and now it will go down slowly not all by suddenly so what you are telling is going to happen but i think it will go down till $2500 price as within 1 or 2 days their will be panic in small traders and it will push more lower

as my opnion

BTC in all time high range .it was hit $3500 yesterday. but today i saw some selling situation .price correction coming. then will down to down to $3100.on that period alt coins will up

thank you

No matter what happens fluctuations will really occur after that sudden price rising because many dumpers waited this price to come and now their goals was achieved. So we can expect for the next few months that price will certainly drop but I am confident that many will buy bitcoin because this currency has a very big potential to soar higher than it's current price of $3000 at present, and I don't ever be threatened about that bitcoin cash.