Bitcoin Forum

China is well below 3000, the 3000 wall in US/EU is getting hammered.

Going below 2000?

I dont think it will, no. ~$2500 is support...

It definitely will eventually. Bitcoin soared WAY too high WAY too fast. I would not be at all surprised to see it dip below $1,000. It is absurdly overvalued still. Nothing happened to warrant the massive rise in price in the first place.

I'm not missing $2,000 and it's not going below $2,000. $2,500 - $2,800 is possible for this week end.  Bitcoin pumped too fast and now it's getting dumped too fast not because it's the opposite of pumping fast. But because of China's local exchanges announces their closure, this has made the market collapse and made hodlers to panic sell.

Possible major resistance will be in range 2700-2800 think thins will be last wall if broken and passed then below 2k is possible soon. But dont think it will be that, cuz bad news already made damage to price and now we wait what will be bounce point for some recovery but not that fast rise as we saw.

Bitcoin can no longer descend to such a mark. The world of crypto currency has already reacted to all the negative news from China and began to recover. Soon we will see high prices for bitcoin again

Seems not, it is bouncing back again and it's already $3661while i'm writing this. The price is back on rising and it's moving very fast. I'm not really sure if this was just a pump or the price movement came back to normal. Would be happy if it will be above $4k again.

Bitcoin is bouncing back to $4k range, 10% up in a single day, support is coming back and now I believe price will again go back up to the previous high in range of $5000.

Panic selling seems over, the road to 6000$ may start anytime so be ready guys so far ive managed to buy half btc when price hit 3000$ and now i already profited after 2 hours of buying that btc.

$2851 was a support zone and price bounced back from $2968 and now at $3595. There are 2 strong supports still need to be broken. So one may get broken at best.

Of course long time no see, but we still don't want to see $2000 bouncing back in. The price has already gone up 10% today increasing around $350 in the price. So, things seem positive again, and hopefully we will touch the previous price ($4500+) again and higher.

Honestly I will be very happy if price goes below this year low. I am still thinking sell off has not finished. Just taking a break.

This rollercoaster ride is heart wrenching.

Look at the market, now bitcoin is going up again, congratulations to those who believe in bitcoin, if you are a trader, buy bitcoin 3 hours ago, you will get big profits now and more in the coming time.

Bitcoin almost got doubled from $2400 to $4800 in just one month. That was way too fast. A drop was already expected. But China's ICO ban and JPMorgan CEO calling Bitcoin fraud just intensified the drop. But as expected the drop stayed for short term. Price is gaining momentum again. This shows Bitcoin really have potential and will keep on rising. $2000 is never happening. That would account for more than 50% drop which is rare now in Bitcoin.

we never know what will happen next as bitcoin starting to bounce back again and it showing that it wont fall up to this value, china's issue seems
to be settled for a while and jp morgan's owner was also been guilty for another issue maybe we will see another new ath to come forward hope
it will go till 7k before the year ends.

If all the Chinese exchanges are closed in the next two months, do you think who will buy the coins sold by the Chinese?

Once the Chinese exchanges are closed, every Chinese that wants to get rid of their Bitcoins will already have done so. Those who haven't sold their coins until then, are probably in it for the long haul. Question being, which exchanges will be the most convenient for the Chinese to sell afterwards? Japan, Korea? Or the western exchanges after all?

If I were a Chinese, I would go to Western Exchanges to do trading. However,  I don't know if the government would issue another crackdown for investors trading with bitcoin. This drama has already cause so much pain so let them settled and see how they can get around with the restrictions. Maybe the OP has spoke too sound, $2000 is not possible because bitcoin recovered already after it goes below $3000. But's its scary not sure if it's bull trap or bull run. I try to be cautious though and observe how the market moves in the coming days.

Hello $3,700 I've got a good time from going outside. Before I go the price was near to $2,900 as it is $3,014 but now it's a lucky day and this weekend surely is the right time to see the price of bitcoin starts again. Brace yourselves now guys, bitcoin is now fueled and we may see it skyrocket and fly to the moon. The removing of weak hands once again has been done.

As of now the price of bitcoin is already 3900 dollars and for sure it will increase again and we will see again 4k dollars each bitcoin. Dont wait the price to reach 2k dollars because did not happen this yearbut everything is possible to happen. But I hope bitcoin price will continue to increase again. Lets support bitcoin without the help china they sho them even qithout their help we can increase the price.

Good thing that it didn't went down at $2,800 as we are expecting. The price went up at $3,800 for this morning and it's possible to increase more but there's a less $200 for just a couple of hours but it's normal to make the price of bitcoin again stable at $4,000 so this thing is normal at the moment. Good news are coming around that JP morgan is buying bitcoin.

I'm not sure if bitcoin will under $2000, maybe this is the price of the bitcoin 7 years ago, in which time it has achieved price bitcoin on the rise in the number of price bitcoin $2000 if you buy some bitcoin at that time might be able to get a big advantage for now because prices are already increasing bitcoin and will not decrease anymore, if it happens only temporary so now bitcoin has reached $3800.

No man it was fake news now it is finished bitcoin will come above 5000USD in the end of month everybody know about that so i would like to say keep calm and wait of 10,000USD.

Indeed it's been a long time not seen the figure $2000 on bitcoin price, of course i hope not to see that number will be on bitcoin price anymore. Whatever happens at this moment / any news that affects the bitcoin price, hopefully bitcoin price keep it far from figure $2000 and can soaring again from the current price movement and still can giving a good hope to everyone. And indeed at the price movement of bitcoin is always accompanied by a decreasing, but hopefully the decline that occurred should not be too far.

This is yesterday's post and at that time bitcoin value was surely on that level you can not say that the price would come back up maybe he's just tense up and worry too much that's why he posted this, or just spreading FUD, well we can never know what he really thinks back then, but as always bitcoin will surely rise and fall and right now bitcoin is back at $4000 mark value.

Btc is recovering today, I thought it will really be back to $2000 ,thankfully it's not ,once it touch $2k it will be hard to recover, atleast nw it's recovering.

Reaching of 2000$ is like bitcoin dig into ground. It will ever or never will happen. Yesterday the price of bitcoin reaches the value of 3100$.This is lowest value of bitcoin in two months period. After August 1,The price crossed 4000$.Today the price again  bloom to raise.If it continues, the old value will achieved.

Bitcoin's trend still not clear, you can check the mentality of traders through chart price on the market. Just some bearish traps can make the price of Bitcoin drop down again very fast. If you are day trader, you should wait signal from whales or big boy, they are the movers the price of coins on the market.

You have a wrong prediction, Bitcoin does not got to $2000. And I don't miss that amount and I think it is not yet too long since bitcoin drop into below $2000, remember the fork?
I am still waiting bitcoin will recovers it price into $4300. ;D

Well, it might happen the bitcoin price reach $2,000 IF something really really bad happened into bitcoin. The storm is passed and the price of bitcoin is back to increasing again now. I think we will never see $2,000 again because the last crash because of china is around $3,300 the maximum.

Yes.The bitcoin will not reach the value of 2000$.At first it should reach the value of 3000$.Then only it will reach 2000$.I am also waiting for bitcoin value to reach 4600$.If it reaches so,I will sell my holding bitcoin. Not only me,many bitcoin users holding their coins now.This is the best time to brought new bitcoin.

Like what kind of bad will actually gonna happen to bitcoin? lol. It's the users fault why there is a fluctuation in the market and most of all those Whales who are manipulating the price of bitcoin, don't you know it? Even if people are on massive panic selling i think it's not enough to move the bitcoin down to 1k USD.

The maximum expected flux would be 3000-3700$  but I see the price falling down to 2.3k as soon it hits the 4.5k mark. That is a buy time we are all eagerly waiting for. However, that is just an estimate with biased guess. China's withdrawal might affect BTC market but the whales are holding on to their cash and countries like Japan are legalizing BTC which makes it grow even further. Miners are getting lag free networks and transactions are fast now.

For those who trade on the exchange the price is a great value. For them now is the time to buy bitcoin cheap, but the income has temporarily fallen to zero. I don't trade so I'm not worried about the current situation. I will keep my bitcoins and spend only Fiat. I know that the price will soon grow up and those who sell bitcoin will regret it. This happened many times.

As of now the price of bitcoin is 3700 dollars and for sure it will continue to increase again and maybe we see the price of bitcoin back at 4k dollars. Even china ban bitcoin for sure many country support bitcoin so the price will not down at 2k dollars again in this year . Even the price last few days decrease below 3000 dollars after few hours it increased again the price so  dont worry about it. Its better to bitcoin now .