Bitcoin Forum

what do you think about below chart?

I think bitcoin rise is over for now. Chart shows that we are in a buble and it should be corrected.
In addition if you look at the weekly chart end of 2013, you will see that it is similar to today.
Big correction may come soon

https://pbs.twimg.com/media/DLO4ApNUQAMDCG-.jpg

i think bitcoin can reach $10.000. if we compare with real currency backed at gold like us dollar, we will trust bitcoin can reach more than now.
for me bitcoin have more chance to rising than real currency.
bitcoin have highest technology, bitcoin is decentralization too.

Correction of - $200 - $400 is already enough I'd guess? Don't compare it with 2013, we are different now there are so many investors now and more countries did adopted bitcoin. Bitcoin's rise will not be over and it will be going up very soon. That big correction you are talking maybe is the one that happened already last 2 weeks after China's ban and Dimon's fraud talks.

btc to 2000 usd for sure

From the last drop, it seemed that sales literally ran out of steam near 3k...
I don't think it makes sense to drop and if it does, it will probably bounce back up. MtGox was a huge shock to BC and we don't have that right now - although SW2X means that core developers can be easily duped (taken over) by someone with enough power, it still isn't over I guess.
My guess is market bouncing between 4 and 4.5k until upgrade, then we will see

Why exactly need bitcoin reach 10k?I would like it to reach that point, but we need to be realists here. What quality bitcoin offers?
Questionable stability (dependant on whimsical miners and a tricky legal situation in certain countries i.e China)
So far BTC has been growing, but there is a ceiling for that growth, what if we reached it for now?

Keep making a sweet dreams :)  2000$ level is almost fulfilled with huge,massive buy stop orders which will raise new strong uptrend.

Yeah, current circumstances are way different compared to 2013 in the sense that Bitcoin/crypto is much more 'established' now and more resilient to negative external influences (disappearing exchanges for instance). I assume we won't see a new ATH this year but I'd guess the bottom won't be under $3000 this time.

Market cap is at $71B and it will just grow bigger. I don`t think that rise is over, until the end of the year price will be 5.000$ again, slowly and with a lot of fluctuations we will be there in next 90 days. Price rise if far from over, bitcoin can settle on some price and stay there that doesn`t need to mean something special.
In the end what if price go back to 3.000$ again, that will be second chance for those who didn`t buy bitcoins with a discount in the first time. Honestly I don`t believe in another drop on 3.000$, with bitcoins anything can happen we all know that, just my feeling and experience tells me that we will not see that drop.

What's up with the trend of "hey the price just got tickled down a $100, let's make a thread saying that it's dead or over."

Every week or two you'll find the forum filled up with threads of people screaming here and there to sell and that it's the end of the bubble etc. etc.

What's going on people ? This is crypto currencies. Prices MUST go up and down. There's on standard price that is set by any means. If you just take a straight simple look on the charts of btc price you'll clearly see that it went down to $3500 on September 22 and everyone did exactly what you're doing right now only to find it back to $4000 4 days later.

Moral of the story: Stop running into conclusions or trying to predict what's coming because you'll never know. If you're so concerned about the price because you're trying to sell you'd better sell at anything above 4k.

Every time that we see a minor price drop, a lot of thread starts popping in saying that bitcoin is headed for doom and will crash. Yeah I agree, it will crash soon. But, did you also point in the graph that it can and will recovered from the crash? And the like scenario is the negative news that was cause by China, the price crash, however two weeks since and the price goes to $4000+. And besides, we can't compare what happened in 2013 to today. And the price just dip by $200. I hope you will also create a thread when bitcoin surges past $5000.

Per that chart, we have only completed Wave 3 of the primary third wave. This is the same count shared by several prominent EW chartists, and it's the one I prefer. As such, yes, the immense rise we saw for most of 2017 may be over.

However, that chart and count does not line up with past "bubble" tops. Per EW rules, the expected drop would be to the $1800-$3000 range, and it's even possible that the Wave 4 low was already put in place with the plunge below $3000 two weeks ago. In that case, we would probably see a prolonged sideways range until the next wave up begins.

The big correction in 2013 caused by the chinese fud about ban all of the bitcoin exchange sites in there, but this time that already happened by the way the price of bitcoin already comeback to the sky.
I dont believe about that it seems you are really wrong in there.

Nope, i dont think it is going to make a correction, maybe your analysis on the charts are predicting that, but you must know that a lot of people are investing in bitcoin, and its marketcap is growing everyday, we can not compare bitcoin at the moment with bitcoin in 2013, because the markets growth more than 3000% in four years, so it is so much different than before.

bitcoin is still going to rise and will break its own record, we should always keep ourselves well informed in the current events regarding bitcoin. i agree with one of of the posts below, that sometimes, we tend to over analyze and see things that there seems o be a problem, we must first understand that bitcoin is a very volatile investment, meaning it can go much higher than we expected and lower than the support, bitcoin will still rise due to the fact that a lot of countries now are supporting cryptocurrencies, there might be an altcoin to be produced by a lot of countries and bitcoin will still remain the standard of it all, if you check on your history, this is what had happened to the us dollar, when it became the petrodollar, it became the basis for foreign exchanges because for a long time, the us dollar has a strong buying power, and now if we compare it with bitcoin, bitcoin's buying power is still growing and soon it will break its own record. i think the correction already did happened, after the china crisis, now that it is over, bitcoin will still continue to rise and another correction might take place, however it may take months or years from now, since the acceptance of bitcoins is now spreading, we could also not predict what will be the outcome since, the nature of bitcoin is highly volatile, as for now what we could do is wait after the fork, and then we can study it further, since we cannot rely on the history of bitcoin going down, because it is always just for a short period of time.

The problem here does not lie with scams but lies with the BIPs creating a huge decreases in the bitcoin price, still knowing bitcoin, it will really jump back to another ATH after the fork. After the fork, we will be seeing a lot of post like bitcoin price to the moon, etc. Be prepared this thread will be long forgotten if that happens.

Jamie Dimon, Crypto Dick Rowe says it’s air. Dead.

At the same time, Goldman Sachs says it may launch a trading desk, Japan legalized Bitcoin exchanges last week and the head of the IMF stated that “cryptocurrancies are the future, really”.

IMHO, taking the above into account, seems like it will continue upwards for a while before it tops out.

Op used 2013 chart of bitcoin price and predicted about bitcoin price in October 2017,  ;D
yes, we could use previous charts to predict price movement due to some events may repeated, but the correction has been done last month after bitcoin reached the new ATH at $5000. Current market situation is; full of speculation about bitcoin price recover to ATH and Bitcoin GOLD (BTG) hardfork by the end of this month, if the devs team of BTG decide to distribute it for free, people are likely to buy more bitcoin in order to get more air drop, but if they decide to sell it through an ICO, then nothing to say.

If yoi compared the price in 2013 and 2017 its totally big difference and I hopr it will increase more. So if you have bitcoin its better if you hold your bitcoin and for sure you will arn a lot of profit in the future. I think also this is the right time to buy bitcoin and hold it for few months because i believe bitcoin price before end of this year 2017 become double. But It depends always on the demand on the market.

in fact the situation is totally changed here. i think we should not compare 2013 to 2017, At that time the number of bitcoin users were limited and the investors were not so much mature, At that time people were doubtful about investment in bitcoin. but in present time people are more confident and even if the price of bitcoin is dropping they are not welling to sell their bitcoin and are giving good support to bitcoin price and that is the reason that for last few months we do not experienced such a big panic selling in the market, and hope that the investors will continue giving support to bitcoin and therefore its price will continue increasing.

I've seen countless threads saying that Bitcoin is a bubble but here we are, experiencing more and more growth over the years. People have been saying this for year and look at the people who didn't believe in bitcoin a few years back - they deeply regret it to this day. It's not surprising to see that bitcoin will experience a price drop and its just normal for it to go down. I don't think that the price will stop increasing because of this.

Chart and history could be a reference to trade but it won't be accurate 100% crypto currencies is decentralized so all of the up and down is based on the market, if more and more people keep on using and investing we will see another rising and there won't be any bubble, for now maybe the rising is over but in few days the price will go up again, the Bitcoin enthusiastic is very high

It seems the basis is off. First, the correction happened already when the price is about to reach the 5000 dollar mark and now the price is just 4300+ USD. It is almost 700 dollar away from 5000 dollar mark so having a correction "that big" is absurd. Bitcoin will still increase in the following months so it is not justifiable to say that the increase is over. Though we will encounter several downtrend but still Bitcoin will go up eventually.

Supporters and newcomers are still approaching and I seen a big possibilities that the value will keep on increasing, its just a matter how willingly you are to take the risk and make your move in a situation where you can possibly seen corrections but one thing still I'm holding on, bitcoin value will continue to gain popularity and value will keep mooning.

go to pages 20 or so of the speculation board and try to find the time when bitcoin price reached $1000+ this year. you will surely see the same topics, same pictures, same people seeing the "similarity" in price of that time and price of 2013.
i wouldn't be surprised if you were one of them too.

It could be possible that the bull run is over and that we were just in a bull trap, but i don't think it is very likely.

It's just a temporary pullback right now

I would say that price will at least go up to $5000 and break that level before the bubble pops, even though i agree we are likely to be in a bubble right now. The buyers are still keen on buying into bitcoin, at least for now.

The bubble will be corrected eventually, but i don't think it is going to be now. Just because bitcoin is down 2-3% today doesn't mean that the bull run is over. I actually think it is likely the bull run will last until at least the end of the year, and if it is strong enough perhaps even make it into next year.

This is just a short term correction, not the start of the collapse of btc price, at least in my opinion.

It should still be able to go up quite a lot, set a new all time high even.

I doubht it, bitcoin price is highly driven by latest news and development, and btc has just been started to be adopted by mainstream media, i think it will pump to 5000 to 6000 befotw month end! Thats my cent.

Nope, we never know about that but I think the price of bitcoin will not go under $4,000 in this month and i'm pretty sure the price can reach $4,500 soon. The thing is the price of bitcoin can easily distracted by any bad news and when it happen, the price can easily fall like the last time happened.

no amount of TA can predict bitcoin at this point, which means your chart is completely meaningless.

everything will depend on the upcoming fork and how the community reacts to it. pretty soon we will see an increased amount of "interest" in the fork coming from a lot of "brand new accounts" like always 90% of them are fake and spreading FUD. depending on how things go the price can get pretty wild. it may drop but it won't be because your "chart" said so. it will be because people may panic once again because of FUD.

Yeah it's a normal scenario of bitcoin's price to see its price drop, because those long term holders grabbed the very short opportunities of the price increase and they're the dumpers of the market. They were often called weak hands as other old traders impressions for them. The rise isn't over yet and as I saw lately btc price was still gaining good track in the market and demands rises everyday even if dumping also happened as always.

It's very possible that you are correct. I've been saying that I think we may be in a trading range from maybe $3500 to $4500 and the price could just fluctuate in that range for a while.

It's also possible that there is a more significant correction coming that will bring the price down below $3000. It's hard to say what will happen but I agree that it's likely that we won't see new highs for a while. Bitcoin had a huge increase in a short period of time and was in a bubble. We just don't know how big of a bubble it was.

Of course, its just normal to see bitcoin's price going down or sometimes in a roller coast movement. But you can still enjoy the best of them. If you are seeing that the price is going down, then you might as well grab that opportunity to steal some coins while its cheap. Those dumpsters are not all weak hands, well yes most of them. But there are really investors who usually dumps huge amount to take their profit. And when the price is low, they will try to buy it back at a cheap price. Weaker hands has no room in trading because whalers will do anything to manipulate the price in their favor. So the best choice is not to panic and do not push that sell button otherwise you will regret your decision on the next couple of days. So the price rise and price going down is normal and you will see it occasionally.

TA analysis for long term bitcoin evolution is not really relevant... you can find everything in anychart...

I think the rise is on hold, people putting money aside until the fork2X , then we will see a huge increase

Op has lots of buy orders at 3K$ when he sold at that price recently  ;D Op this is not 2013 and certainly we are not in bubble.2013 bubble was because of MtGox.The price of bitcoin that we are seeing today are backed up by various different reasons including halving,increased adoption,segwit,soon LN,upcoming HF(more free coins) and more.You can't compare this with 2013 BS.I don't believe in dumb analysis of charts.Price doesn't move based on charts  :P

Even if that is the case, I doubt if history will repeat itself. There has been some time where bitcoin also had a chart similar to the end of 2013 but in the end bitcoin continued it's rising movements. Therefore, the chance of history repeating itself now is low specially now that there really isn't a bad news like a major exchange being hacked or something that will really take price to the bottom again.

I don't really believe that bitcoin has reach the level that we should expect serious correction at the moment, this is because the last correction was as a result of local exchange ban by the Chinese government. For serious correction to start at the $4,241.24 current value as at the time of this post, it required world event to take place. If not , i don't think bitcoin value has reach the maximum let alone time for serious correction.  

Anything can happen with the value of bitcoin and right now I think there is a resistance in going further the $4500 mark value right now that is why we are seeing a dip in the last minute that I have seen the price it went to the $4400 mark value, if that chart really depicting the movement of bitcoin and the surge is no more then maybe that is the reason why the price did not continue to increase.

I think BTC will go up to 5K $,the chart shows the wrong likes being in bubbles but reality likes different.But be wary if what you think might be true may happen,correction must be done.

I think we cannot compare the 2013 chart to 2017 chart  as the same thing.  Bitcoin during 2013 were no that strong, it was sure a bubble and overpumped by exchanges.  The current situation of Bitcoin is different because of more real supporter and country adoption, even  China support Bitcoin, they just need to clean their country of illegally operating exchanges. And look ahead, an update is about to happen.  It may dip a bit but I guess it will continue to uptrend unti it reaches its next peak price before correction happen.

You only see a divergence on chart with RSI indicator.
This does not make sense much. You cannot trade with only RSI indicator. Anyways lets wait and see .

The chart still indicates we are on a clear bulltrend and we are not out of this bull trend. You may be making the mistake of using linear charts, and to chart bitcoin and apply technical analysis you must use logarithmic chart. Everyone uses logarithmic chart to take decisions, so you may be calling a bubble for a long time now if you were looking at the linear charts. Keep holding and we will see an all time high soon.

Not yet, indeed the price is back down but there is one big news that can make bitcoin prices rise again. did you hear that goldman sanchs is exploring to plunge into crypto currency if this happens I'm sure bitcoin prices will exceed $ 5000.

It could be the whales wanting to get in at a cheap price before LedgerX launches, which is an unknown and it may be as soon as this month, and im sure whales that are out have whale friends that are in and they want to get in at a discount. I expect a pump once whales start registering accoutns in LedgerX, Wall ST money may come this way.

Indicators are mathematical expressions of what happened in the past. They can't give us accurate idea about the future. For the graph, I see nothing special. This doesn't mean the rise ended. The demand is still high and the traders still buying bitcoin. This will make the price go up once again.

this chart is logarithmic and shows that bull trend end is near.

Yes I do hold, but also holding myself to increase bitcoin share in my portfolio :) I suggest you the same.

I do not call bubble for a long time, but 5000 was my target since the beginning of the year. Now it seems that bitcoin can not get over 5000 target easily. I will watch on

I will not comment on your graphics

but about the price of bitcoin. I do not believe that the price reaches the $5000 at least until November 18. this situation caused by November 18 will cause the price to fall a lot

this situation on November 18 will be very different from bch or that BTG

I think we would experience big correction very soon and if this happens we may see bitcoin's price below $3,500 and this do not mean there is going to be a great significant fall. If the price could not break below $4150 then we would experience this before the middle of this months. I think the best thing to do now is to wait and  see the price fall towards $3000 before buying.  

I'm pretty sure it's only the beggining of bitcon rise

No, the bitcoin rise isn't over, the best thing and best fluctuation isn't yet to come. Don't compare the charts today and from the charts on 2013. Bitcoin is competitive and more people are seeing it's potential and that's why in my belief that good speculations are being followed by many bitcoin believers and they are confident that we will be reaching that moment. As for McAfee's prediction, many are hoping for that one.

Absolutely,correction is almost over and we should remember that this price rise is after china's impact over bitcoin's price.The biggest threat bitcoin has had from the earlier days is the china's stand over bitcoin and it has almost gone and now we could not see any other factor which has the ability to affect the bitcoin price.So,bitcoin rise is yet to continue.

Even if it's logarithmic, I don't see a clear indication of the channel being broken and returning to the main channel. What tells you that' Because we are still sitting above $4200 which is a pretty good place to be, so I don't discard the current bullish channel is over, we are still there and I wouldn't discard a pop to $5000 pretty soon at all.

China isn't gone yet even though people might feel so. There is a lot speculation going on about a comeback of the halted exchanges, but in a way where they are subject to ultra tight regulations. Only when China decides to ban crypto entirely, they will be gone for good, and as long as that isn't the case, they will still be able to put the market under pressure with their nonsensical announcements. In other words, it's the people in this market that need to get over it -- it's time to focus on crypto in its entirety, and not just let one country dictate the sentiment, because that's just ridiculous.

I don't believe the rise in the value of bitcoin against dollar is over. What is happening at the moment is just a little correction which I believe is not even a serious correction let a lone for one to come to a conclusion that bitcoin rise is over. We have all seeing tha China effect on bitcoin in recent time past, and I don't believe such a negative announcement will come up again for the time been.

I don't personally feel that Bitcoin will rise much now . I'm not saying that it won't rise at all , but currently I guess it would stick to say 4.2k USD . Maybe after the split it might boost up and even I have a gut that one day 1 Satoshi will be equal to 1 USD ;)

I agree bitcoin price demand is not that fast compared from what we had experienced lately, there were situations that it's getting stabilized for a moment. We have to experience fluctuations because that's the only chance for those who holds for long term investments to sell their holdings. Also those who wanted to buy another bitcoin they can invest while price decline a little of its value.

This gives me a worry as upon checking the price it went down at $4,192 and I'm quite seeing a possibility that it can go lower. We may experience another dip for the next days to come or probably this week will be a red chart for the market again. Hate to say it that we should be ready again and if you can have some spare money better to ride the dip and keep on buying cheaper bitcoins.

Ya some what right Buddy. Because now a days, people was not holding their bitcoin for very long.They sell the bitcoin for their emergency need such as food ,clothes and for their medical expenses. They not even keep for more than a week and all.Unless you keep for long, you can't get high profit.

One thing I can not throw out is history tends to repeat itself but we can not compare what happened back then in 2013 to todays market conditions as bitcoin arguably has much more support than it was back then and price shows demand for the digital asset is still there and growing, wouldn't say that the rise is over just yet and we not in a bubble either.

Charts and history can never be fully accurate. They may not be reflective of a new asset class like Bitcoin. Does any asset class have a block reward halving equivalent in its history? So yes, I agree that Bitcoin's rise is far from over.

1 Bitcoin = 100,000,000 satoshi, what do you think about this amount of satoshi will convert to USD? 100 million dollars for 1 BTC! What this? I do not think Bitcoin can does even it can be famous and become the best currency in future. This value is unreasonable.

Here is another chart. We are not in any state to do a quick rise and do need to be a bit cautious. There is a lot of bad news circulating about Bitcoin these days. But all in all, there are too many investors into the game for it to drop to lows like $2000 anymore.

We may hang around this price area for many months and it may get boring but this is not a time to sell and get left at the station as the train leaves.

https://imgur.com/a/KuXui

That indeed doesn't seem to hold much reality, but we never know how things will go in the future. I always prefer to look at things from a conservative position, and with Bitcoin that isn't always easy considering that I am ultra bullish, but if that is ever going to happen, everthing need to play out in our (our as in the Bitcoiner's) favor. Institutions need to allocate a sizeable percentage of their portfolio to Bitcoin. Severe economical difficulties. People standing up for themselves, and start taking distance from this on debt based system by jumping into Bitcoin. Gold holders moving into Bitcoin, and so forth. $100 million per coin would mean an eventual market cap of $2,100,000,000,000,000. Gold's current market cap is $7,730,000,000,000.

That is completely correct, 2013 is different from now. The popularity, the number of users and investors is highly important in determining the veracity and the comparability of two charts and it is a must. Therefore it only means that bitcoin price and its movement is still and will always be unpredictable than ever. This is what excites as all even the less of our worries and uncertainty. It will pumped at 5000$ at this year that is for sure.

I think this would be a great time to rise to the top because of the bitcoin is currently surviving on the bitcoin $4200 I am sure at the end of this month the bitcoin will increase to $4900 due to garifk pricing the value of bitcoin address the rise to the top had been going declining again as a few days ago making the users of bitcoin fear will see a decrease

Especially in some reasons bitcoin already legalized in the japan country which that makes very different with 2013 and a lot of the canadian countries are interested with the bitcoin as the major crypto currency and also try to take the advantage from it.

We are not in a bubble. Stop saying that. BTC's price rose big time but I think we are still not in the bubble range and if you didn't notice, we already have some corrections along the way. And don't compare it to the chart of 2013. Many say that history repeats itself but I don't think we will see that today or in the coming years. This time is very different to 2013. Many factors are now in favor to BTC compared with what we have in the previous years. Corrections here and then are bound to happen but BTC's price, I think, will rise more in the coming months.

I'm not sure if bitcoin will increase by $ 4900 by the end of this month as you say, you know where? I do not think anyone can predict the rise and decrease in bitcoin values. and bitcoin values ​​can not last long, because bitcoin values ​​are unstable.

There will always be corrections from time to time...and I think that these corrections are the cushions for Bitcoin so that there will no big bubble to happen. Right now, the market is not anymore reacting to any worthless comments from any CEO or executive from a big financial institutions...maybe it got tired of hearing useless speculations from people who are anti-Bitcoin right from the beginning. We are expecting and hoping that Russia would open up its market for Bitcoin next year.

Bitcoin prices are unstable and current prices tend to continue to decline. but we still have to expect that prices will continue to rise. although there is a correction but we see the fact that bitcoin prices always increase every year. so do not worry when you see the price decline, there are still many opportunities to feel much higher bitcoin prices.

Based on your chart how bellow bitcoin will fall after the correction ? I don't think bitcoin is overpriced of we are in a bubble. In my opinion bitcoin would be at 5500$ now if the chinese incident would not have happened.

It goes down again. I thought it will stay a bit longer on $4300 floor then followed by slowly rising but I was wrong and seems we will see less than $4k again. If that happen, many will get panic again as usual. We're just less than 3mos away before 2018 if the movement will be the same. We won't be able to see $5k this year.

not even new ATH reached, but people already think of corection for bitcoin price, the market is now currently stable and will probably become bullish soon, as of my opinion, there's no price correction sign uptill now.
but well, none of us can predict, everything can happen, so many factors that affect the price of bitcoin, making it hard to make a decision to whether the price will fall or rising.

Hmm Is it true? i don't think so at all that the upward movement in bitcoin prices is over. I think it will still can continue to moving high again for the next and i'm sure this is not over. Well i just try to predict, hopefully bitcoin price will really be moving to higher again soon.

Sadly the price go down everyday and its 4155$ and it could down further as we are approaching weekends already. Weekends usually we see some dumping because traders are taking the profit and will be back again in Monday. But I'm optimistic that we can see a bull run after this roller coaster ride this week.

Definitely for some time it may have stopped, I have seen its market value lingering around $4100 to around $4200 lately, and seems to have settled there. I think there is a resistance line somewhere there, and psychologically people don't really want it to rise too far above that. However, I think that price barrier will be broken soon sometime after the 25th Oct hardfork of Bitcoin Gold, and it will start its bullish trend again.

$7000 is the next place to be before the next big correction. People aren't seeing the power of exponential growth in a disruptive technology like bitcoin, they think it's going to be a smooth ride, when it's going to be ups and downs, and we are not yet ready for a real down. Next correction is $7000 to $5000-something.

All reputable bitcoin analysts agree that we are safe from big dumps at this point, as long as we stay above $3800, the resistance points are quite hard, and we only need a short period of exposure to ATH to see an huge green candle to $6000+++

I dont know, bitcoin dropped to $4100 last night, and it is over $4330 right now, so i think that the price is very volatile right now, and all the charts and indicators are probably saying that the price will go up soon. But i dont know, there are too many fluctuations on the price, and the charts are moving quickly, but who knows, maybe we have to wait a little bit more until we see good news.

That's right tom, correction happens from time to time. We are just noticing it after a quick increase of bitcoin's price and we keep on expecting that there will be no correction because we always want to see the price of bitcoin increase from time to time. And once the price starts to decrease that can be called a correction already just like what happened yesterday and until now we are still in a correction because the highest rate I've seen so far was $4,400.

What? I do not remember the price of Bitcoin increased by the reason Japan accepted it is legal in this country. Are you mistaken? Japan only accepted Bitcoin after the price of Bitcoin breakout $1,300 (old highest price in 2013) and increased to $2,000.

If the big correction is coming soon I think it's a natural thing to close the end of the year, and at the beginning of the year it will recover soon. that's what I feel is not too worried if there is a big correction. We just need to anticipate it as well as possible.

I do not see any other changes other than the fork that is about to happen that will stifle the growth of bitcoin and if that is the reason you are predicting to see a big correction then i do not think that it will recover anytime soon,the fact remains that bitcoin will keep on rising how many splits it may occur because of its history and a normal user would not understand the fork coins,unless something changes dramatically i do not see any major correction like we saw in 2013.

The rise might be over, but only for a short while. Sentiment is still very bulish mid and long term. correcting to 2k area still wouldn't make the majority of holders bearish on mid and long term. It all depends on what timeframe you're looking. Might be better to start thinking about 5-10 years from now instead of staring at a 15M/1hr chart and stressing over normal fluctuations.

Well it is normal for bitcoin to increase in price, dip and rebound then settle for sometimes before going up again.  This process keeps repeating again and again.  So after this Bitcoin being stagnant, I think the next move will be uptrend because of the coming event for Bitcoin.  Implementation of Segwit2x.

Easier said than done  :'( :'(

I think the bitcoin will steadily grew up because I see the graph of the growth of the movement of the bitcoin that bitcoin already is at $4300 and it will likely be increasing up $4500 even more this month, but still many people that worry will be the movement of the bitcoin fearing to fall again. but I am sure this will not happen in the bitcoin

Bitcoin started to go up again, after a 2 day slump. This is good news to the community because we may reach $4500-$5000 at the end of the month. Investors once again getting bitcoin and pouring cash in the ecosystem. I think the China news or FUD is over for now. Let's remain positive that this will be another bull run in the horizon that will push the price to new ATH.

However the price grow with steady phase, at some point the fluctuations will be experienced causing a drop in the value. Here the users need to understand that the price variations is the factor provided with the profit as well the price gets recovered in a short or longer time period. Hold until get profited rather than getting panic and ending up losing.

To say bitcoin rise is over it is not simple because it can be rise and fall every time but to fix that rise is over its not true. People are moving towards bitcoin as it demand will increases so ultimately the price will go up.

Of course there will be always price fluctuations. This is also present even in the stock trading. Others took it hard when they see that the price is going down because they fear that they might end up loosing. However, you really have to understand that the market will not stay bullish all the time. The OP though that the rise is over, however, we can seen bitcoin lately in a see-saw form. Not the one that we are expecting. But there will be a time that the market will be very bullish and once you see that, all your worries and frustrations and doubts with the market will be removed.

Exactly. Corrections are going to come along the way even if we are climbing in price. There is simply no way for us to continue climbing day by day without any sort of pause in between these pumps, otherwise it would actually be unsustainable.

The correction from $4400 a few days ago down to $4100 or less a day ago was an example of that.

But now, we're up 2.5% from yesterday and i think we may be able to break $4500 by the end of the week.

I don't think it is going to make a correction and it is still going to rise and reach 5000$.

What we're seeing right now is a period of stability, something virtually unprecedented when it comes to BTC, which has always been very volatile.  It's due to not being overvalued, or a precursor to any coming correction, but several bits of news in recent months that have people uneasy and unsure about both it's short & long term future.

And just look at how well it's weathering this storm regardless.  If it had plunged down to the 2200-2700 range and became stagnant like this, then I would worry.  But instead it approached the high water mark of 5K before becoming stuck in neutral.  It weathered this storm better than pretty much everyone thought it would and the infrastructure built around it only continues to expand.  It basically has no other option than to continue to grow.  And most of the FUD you hear is from the dinosaurs regretting that they didn't get in sooner trying their best to get the price to drop so that they can buy in and assume control.  Right now it is mainly in control of the common people.  This is evident by how well it's weathered these storms.  Because you see, we don't scare so easily, not like the CEO's and blue chippers.  And most stand firm despite such FUD and hold onto their BTC, much to their dismay.

If this is true meaning bitcoin will now have a fix or stable value. I think bitcoin will still appreciate if not now surely in the future I believe that the value of bitcoin is still underprice and that there would be many appreciation that will took place. Maybe next year another big pump will happen for bitcoin its just that for this year it will stop at $4500

It is good to look at charts, but charts are not the only tool to predict the price of bitcoin, just like it is not the only tool to predict price of stocks.
Most important here is other information such as: who buys bitcoins? for what purpose? countries banning/legalizing bitcoins? etc etc.
You can't rely on graphs only, bro.

Soon or later, Bitcoin price will become more stable, like a fiat currency. I predict the price to be more stable in 2 or 3 years. My guess is around 20K.

I've been following bitcoin for about 2-3 years before I finally decided to buy some and invest. I've been reading threads like this one all the time. "Now it's over" "This time for sure" and so on. Crypto is still very small and once the big money starts flowing in on a daily basis we'll probably see prices we can't even imagine right now.

 rising moment of bitcoin will be not over it may take a rest some time. But there a chance that bitcoin will climb again in again beacuse of its volatility attitude which is climbing and falling its value . it doesn't stay for a moment. Now adays we can see its performance from our wallet or in market sometimes it climbed into a higher price then back again to a lower price  . So its not over it will rise again as the predictions of other user here in forum that it will reach 5000$ in this end of 2017 .

I don't think Bitcoin rise is over.
I believe in something I saw on tweeter a few months ago :
"Do your neighbor is using Bitcoin ? No, not yet" So everything tends to see a growth for the bitcoin value based on users volume.

Maybe we will have a correction in December to have a huge growth in 01 January (like last year), only based on trending market.

Sure! That kind of occurrence would have absolutely caused a scare no doubt, but whichever way, it would have still been a very good time to buy. Nonetheless, no one ever expected it would have a quick bounce back compared to the scenarios that played out few years back and it sure did show now there is good sign and great support for bitcoin. We cannot say much yet for now though, but the value is really showing some pretty big chance of pushing past resistance soon.

I don't think so, bitcoin prices can not only determined from the chart alone, many factors affect bitcoin prices, although the charts show nearly same data in 2013 with what is seen this year, it can not be used as a benchmark because bitcoin prices can change any time. and in my opinion the most decisive is the acceptance of people with bitcoin, more people receive bitcoin it will have an impact on bitcoin prices.

I think not because of the increasing number of bitcoin enthusiasts in the world even corporate companies have started using bitcoin as a digital currency exchange tool around the world that will result in very high bitcoin increase

The demand in btc will keep the btc growing,the only reason why it dips is due to the fud and news but btc have still lots to offer will be good for future.

I don't think we can compare this year with 2013, or any other for that matter. Many people talk about Bitcoin and its price, they say that we are in bubble and that could be truth, at least i agree with it. Price go up and down all the time, difference is now that some people do not know what to expect. Another hard fork could happen, and people are afraid. That will have impact on price too.

From the chart that you posted we can see increase in price, but if we are in a bubble fall is iminant. I think that after this fall in price, there will be another rising and this time it could go above 5000 dollars.

The China FUD or news has been over and it is normal to be seeing few of this fluctuations in a while like this. Activities on the market are giving some bullish signals but we cannot really say apparently.
Like you said, the most important thing is to stay positive, and either we see a bull or a bear, bitcoin will always have a very huge support.

Well I think there's nothing to worry about. Becoming more obsessed with small failings can distruct us from being aware of a much greater shortcomings in ourselves. Mind you that business is just like that. But I believe that bitcoin overcome this fork.Keep going on. I see no reason not to hit the target range because lot of enthusiast tend to give their best to support for bitcoin's future not only for the sake of their needs.

To be honest, time and time again these charts have proven not to mean anything. It depends if you're trying to play the market short or in a long term.

There is only one thing proven by these charts and that means the pattern of bitcoin price is to increase. Look at the past chart displays of bitcoin from year to year and you'll be able to see that bitcoin is growing. And bitcoin's rise will never stop or getting over. Only those people that are angry and jealous of it's success are telling this and also those people that has projects that wants to defeat bitcoin.

Bitcoin price will continue to increase for sure in the future so if you have more bitcoin in your wallet you can earn a lot of profit in the future. More bitcoin more profit to come with us. I also suggest this the right time to buy bitcoin at 4400 dollars because they have possible this month of october become 5k dollars in the future that happen we can earn a lot of profit.

I used to work in sports betting industry, and I can tell you, local governments, everywhere in the world, are restriction people more and more. to force them to bet on local bookmakers only (I am talking about Poland, Turkey, Greece, France, Spain, Germany, Italy and many more countries). Sports betting with bitcoins should grow massively in the future .

You should wake up from your slumber mate cause you most definitely will not see that. There are so many people, whales and investors waiting to gulp bitcoin even before it gets to that price at all.

As it is from the chart however, it may look like BTC may just keep up with that trend for now, but the speculations may be wrong and that is why bitcoin's movement cannot really be predicted. However, I still see the possibility of bitcoin growing past that before the end of this year.

I think bitcoin will still rise up to the fork date and then some decline since people will be cashing out.  Though I think Bitcoin will still increase until the end of 2017.  Though I agree we cannot predict the actual price  but we can see the possible price trend because of the news circulating around the market.  Probably we can see Bitcoin at around $6k  before the end of the year,

Exactly! Looking at the circumstances surrounding bitcoin now and what we had back then, it is so much different. The market cap has grown hugely, there is a whole lot of support, so many investors are already in and despite all the FUDs recently like you said, the impact has been close to nothing compared to what we would have experienced in the past.

So, from the look of things and how fully grounded bitcoin is becoming, there may not be much of a huge bearish trend again this year, but we cannot really say, can we ? Even if it happens, that will just be another sweet opportunity to quickly buy some more before next year cause I am so looking forward to upcoming year.