Bitcoin Forum

If we break support @ $3448. :o

I thought it bottomed out above $3,000. Never saw it go that low. That is news to me. Too bad I didn't buy any, but what can you do? :P

How did you calculate $2749?

if bitcoin will hit level 3000 its next  level - 2749 . 2749 this is a support level. there have already been accumulating volumes for sale

Where you get information rate bitcoin $ 2749 ? I bought Bitcoin last day in price $ 3250 that floor price.
I think to many people confuse and panic sell about news from China Will be stop market place cryptocurrency .
Hey guys , cryptocurrency not just on China but cryptocurrency all country can be do it make a market place.
In Japan , bitcoin legal and have regulation from government.

BTC seems to be going up :) I think it will not go down again .. China will not ban the trading of bitcoins since there was lots of investors already

News from China, have a negative impact on the world of bitcount. And this will not go away.

I wonder that too, where did you get 2749$ price? Haven't noticed that value. Anyway, it seems that the price begun to recover, we are about 3600$ now, which is good news. And don't pay so much attention to China, they are a big player but not the only one and not everything related to Bitcoin is depending on them.

Now 1bitcoin =3719.84 US Dollar.Bitcoin always up -down .But Now china ban ico and bitcoin and altcoin dump. .Now its time hold and buy.We are see many project are scam and investor get a huge lost her money.As a result bitcoin Dumping this week . Just  1 days ago bitcoin is only 3000$+.Now its highest bit 3900$+.SO wait and see.I think bitcoin is now most usable and valauble crypto currency coin.So it could not be dead or destroy just dow for some week.

I see where that is coming from, see red line in image, but technically the $3000 price level is more of a psychological level and interestingly the bulls were lying in wait for it to be tested, to jump into the market and they did just that as the $3000 price level is sitting right on the 61.8% Fibonacci level!

https://charts.mql5.com/16/176/btcusd-d1-fxopen-investments-inc-2.png

Here in Bitcoin trading for every dump there's a big money to be made in the future, I believe a lot of investors made a lot of money this week when the price hit a $3000 mark and I'm one of them,I'm glad it finally bounce back we are back in Bitcoin strongest level.

It reached 3000$ for the first time only months ago. It's not a drama that it's at 3500$.

I hope it doesnt go below $3k but if it does,well it is time to buy.As soon as few days pass,btc will be baack to $5k

one day price dropping and people start to panic....

Such price drop is inevitable. China wants people to dump BTC and then will wait to let the price fall, will buy tons and sell again when price pumps. I am expecting price to fall as low as 1.5k$ in the next four months. Several free promos and offers will show up and people will buy BTC again to make the price rise to 4k$ again. Pumping of price is common nowadays, that's why people buy Bitcoins. It will lose its reputation when it gets a stable price.

That was bad prediction honestly maybe he is wrong about this  and it should be $3700 mark .. Well after below 3k when touch the price at 2970 i think the price was rise up again because there are lots of people are looking for a cheap price and they heard a good news from exchanges about the new regulation in china and about the license. the price was burst increase from day ago . and i think the price can be increase more again and touch to $4k value sooner..
Its impossible to see $2749 these coming days..

we did indeed bottom out at 3k, but there is nothing saying this is the totality of the downtrend. we could still go farther down from here, its not like we didnt get two crashes off the same news, virtually ;) thats not really that low imo, given how fast we came up to this price, and how long the price was sub 3k (virtually forever). we could seriously see 2750 (im rounding) towards the end of the period the exchanges are open, or if there are any major corrections between now and then (it now takes even less capital to move the price).

essentially, no one should be surprised if we crash, yet again.

Last 2 days ago or 1 day ago. The price of bitcoin below 3000 dollars and for sure those people buy butcoin they are happy now because they can earn money because the price of bitcoin as of now is 370p dollars and thats good to us because bitcoin price increase again . And maybe we the price of 5k dollars each so be ready . 5k dollars is real coming soon. Buy more bitcoin guys .

They are already lucky that is why we are saw some price drop today and i think they are already satsified what is the price .
But there are still traders are holding because i think they heard about  the news..
That encourage them to buy more bitcoin.. so better to the market and wait if the price can be increase if bitcoin will be in demand again expect that the price will increase more back. also if we heard a good news in china the price can back again in $4,000 above..

This is just bonus dip for us and the dump is already expected because there is a lot of FUD in different places and the people are like believing all those FUD and look what bitcoin did and it shows that even there is a lot of FUD, it can still fight back and bounce back for a higher price and give profits to the real holders of bitcoin.

It is unlikely that the FUD will stop in the near future. The upcoming November hard fork could potentially lead
to crazy price action - in both directions. It could be a non-event where new money is generated out of thin air
just like during the Bitcoin Cash hard fork. Or it could lead to trouble and huge hashrate oscillations, which
could cause a transaction backlog on one of the new chains. Even more crazy outcomes like Bitcoin Cash
taking over are a non-zero possibility.

those concern should be taking care properly so we wont see this value to drop up to this price btc should survive before the year end to gather more support
from newcomers and new investors, if the price jumped back to 5k$ again for sure coming next year it will make a new hype its just hard to predict what would be next run maybe up or down again.

In as far as humans are involved here, FUD is here to stay. For some people, that would mean, leaving their money on the table and running as far as their feet could carry them, while for some others, FUD is an invitation to make some good money. As for Bitcoin Cash taking over, well evening at Bitcoin's weakest moments, that would be a tall order because Bitcoin community is still the one to beat, we're resolute in seeing Bitcoin's moon landing.

Those people bought bitcoin at that price are now every happy to the result because they earn profit. More bitcoin that you have more chances to earn a lpt of profit. Today price is $3700 dollars and I think it will increase again and we will reach 4k dollars . They need only 300 dollars before reach 4k dollars. I hope also bitcoin price will not decrease again like the price of 3k dollars below . Increasing price is good.

Something worthy of note from all that, is that notwithstanding that the overall market bias suggests price would rally, it should not be taken for granted how low price may drop before plummeting eventually, actually FUD happens for some reasons and technical analysis can come handy here to spotlight what range one should be looking at.

Not gonna happen. I know people would like to buy more with that price but it could create too much mass panic in the market. It's going to be hard for btc to recover so please stop  only at $3k and go back up again.