Bitcoin Forum

Im thinking that bitcoin will not correct its price anymore even if there is an upcoming bitcoin hardfork (segwit 2x)

Just look at the price. bitcoin make another high.

Maybe next year bitcoin price will go down to correct its price and alt coins will rise again.

Of course, i saw this a few hours before, but now it is below $7400 each bitcoin, it has been moving between $7300 - $7450 since tuesday, anyway, it is an incredible amount of money and of course that it is pretty high.
It will be going up by a lot of money until the fork happens, just like it happened previously with the last fork of bitcoin gold.. And it will go down by a few hundreds once that it is done.
But who knows, maybe it can touch a new all time high once that it is done, nobody knows.

I look forward to the rise in the price of bitcoin to $ 10,000, what a thrill!

The correction will definitely happen and quite the opposite – I think the even higher top before the fork will cause an even bigger correction. While all these bullrun are making portfolio bigger (in dollars), but this is way too fast and might be unstable. I'd prefer to experience a slow but constant rise rather than this hyperbolic rise. It makes Bitcoin look like a pump n dump coin.

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Meanwhile, Bitcoin hodlers be like

https://media1.tenor.com/images/a2840757fedd75fa3ad23e9114182c60/tenor.gif

This really surprised me. I am just looking at the price these last couple of days which is at $5700 and now it is at $7000. When I saw this I thought it might have a correction but yeah, I think they wouldn't since the bitcoin hardfork is closing. But I know that it will not be staying there since we know how people react when they see new great price, they sell.

I was expecting that bitcoin would only reach $7000 mark before year end, but surprisingly it go beyond my expectation. Honestly, Im tempted to convert it to my local fiat but always have to remind myself that bitcoin will cobtinue to rise and maybe reach 10000$ mark. Its true that more people will turn butcoin into cash (normal reaction). The wisest thing to do still is to hold and buy.

i dont see any problem about the price of bitcoin.considering that this days more and more people believe in its credibility and sustainability regarding the assurance of their investment.going high and low is normal in the process to prove that the crypto world is doing good,sounds unfair for altcoin now but time will come for them.maybe not this soon but in future.

It might reach 10000USD in near future

I think it will reach $10k before the end of the year.

Both scenarios are equally possible. Eventually, Bitcoin will probably rise again to even higher prices, even if a correction takes place in the near future. People keep talking about a bubble, however, and I think that can be true as well. The bubble won't fully burst in the near future I think, but eventually the worth will become more "realistic"... With these insane prices, Bitcoin can't stay "real." If we're going to use it as a real payment method, the worth should be more stable as well.

Bitcoin holders are the ones who are benefited most because of this increasing price of bitcoin. I remember the time that bitcoin reach the $2000+ price and that is September and now after 2 months it increased by more than 200% and now it reached the $7500 mark. I predicted a while ago that at the end of the year, bitcoin's price will reach 7k-8k but now it reached the 7500 mark I will change my prediction. I think it will go into 8k-9k at the end of the month. :)

Well, that is not it. Bitcoin will still grow. Well if you are thinking of that another fork this Mid-November. You can see that bitcoin will still grow, because that's what I observed. After a fork bitcoin is mooning.

Of course, its not gonna be normal if there is no price correction in the future. We all know that the price pump is due to segwit2x expectations. The real question is when this massive bull run will end. We have our own opinion on it, but for me I'll just enjoy the ride and watch everyday how the price is really gaining. Maybe next year or maybe after segwit2x, nobody can really answer that.

I also think so, the price is very high. do not let the issue is not august that price will come down next year, so we must always check the updated price so that when the price decline we can quickly sell it agat did not suffer a lot of losses.

No wonder your type are the panic sellers and you always end up rueful after the patient ones succeed. All the wise guys from the inception of bitcoin have ended up poor while the stupid or those patient but looking stupid in the eyes of the world have succeeded. I don't know why any sane person who has seen bitcoin climb up to 7.5 k$ will doubt that it will reach 10 k$ even if there is any form of correction..

Good way to deny yourself profits coming straight into your pockets. Yeah go on and sell while it declines as it will only surprise you to raise back to more heights while you will be sobbing about how could've held on. Congratulations on joining the panic sellers' club.

Yes now bitcoin reach $ 7,500 is really amazing value for this year. And I sure the price will be up again next year.
Last year ago bitcoin still $ 5,000, but today new high value is came to reality.
Someday bitcoin can reach new high $ 1,000 !

What do you mean bitcoin will correct its price? Is the price of bitcoin now is wrong? Hahaha!
Bitcoin is unpredictable and bitcoin has not exact amount so what are you saying abouy that bitcoin price will go down to correct its price? There is no such thing about the correct price of bitcoin.

While $7,500 is pretty nice I think most people are waiting for the big $10,000. Bitcoin first hit 4 digits way back in 2013, even though it subsequently went back to 3 digit territory for much of the following 3 years. So after breaking into 4 digits once again early this year, while nice it just doesn't provide the same euphoric feeling as will happen when we hit the new major milestone of the 5 digit barrier.

A correction will come sooner or later to take bitcoin down to $6.8k-$7k. Right now it seems like that the only way for bitcoin to go is up, but it has always happened - after a pump will be a sell off, perhaps temporary.

It won't last long under these values in my opinion, however.

$10k is next.

Its reaching 7500$ guys!! Dont sell your Bitcoins now!! @$7479 currently, and I hope it would break the limit. Just a week ago I thought it would be till the end of the year before Bitcoin goes to $7000, and now? Bitcoin is really rising fast, and I'm putting my hopes on it. Go!! :)

the correction doesn't have to be 10 months of price constantly going down! it can be a couple of days of rise and 2 days of drop and price staying low too. and a correction doesn't have to be huge it can be all the little drops and big dips that you can currently see on the charts.

that is why i am not expecting much of a correction and consider what currently is going on as a healthy rise with enough corrections already. it is always a tricky thing though. you can never predict the correction and call it is on the way until it comes and ends and rise restarts so you can say that "was" a correction.

Maybe we will see a correction after b2x fork down to 6XXX. It's crazy, every day i see ATH i want to sell but i hold the tentation lol

You might be able to see how bitcoin prices are changing rapidly nowadays. We should be grateful that the changes that occur are positive, maybe if a few days ago there was a negative change then we would certainly experience a panic. Should be grateful and we should all be able to take advantage of all the conditions that exist. Do not let because of the current bitcoin price increase we all so often make mistakes and lost concentration.

It would be a stunning thing to see 10k happen. I fear the fast rises lately as it make me worried about a harder correction later on.

Bitcoin value will decrease during segwit2x but i think at very minimal value ranging $6,000 to $7,000 or at least a $1,000 difference or less. I see that only few bitcoin holders will be panic selling their coins  mostly are begginers in which they have less experiences of bitcoin hardship and they want to be sure that their investments are safe back to their pockets but after the fall down i think bitcoin will rise again for the next year speculation which is $10,000 mark.

Maybe that can be considered as a reasonable point, the factors that have been affecting bitcoin's price off late have very high standards. Some of the Altcoin investors have now started to hate bitcoin because altcoins aren't increasing at all and it's just declining. People who are depending on this investment and have financial troubles will have no other option but to sell. Altcoins now need to rise or the whole altcoin market will fail and fall into a recession kind of thing.

you are confusing correction with a dump and a bear market.
the correction is inevitable. and it happens all the time. if you take a look at some charts, preferably hourly or at least 6 hour chart, you can see all the times where price takes some steps back and it falls back much better.

for example 3 hours ago price fell hard down to $7073 from the ATH of $7590 which is a $517 drop. a small drop but a correction nonetheless. we also had multiple other corrections each time to a different low but each higher than the last. $6700-$6822-$7005-$7073 happen each time a new ATH was set. $7354-$7500-$7590 respectively.
this shapes up a channel leading upwards.

We may have some little corrections along the lines and the uptrend is going to continue until maybe this time next year. I have tried to see the positive side of this price movement and sigwith2x activation will even lead to another pump in bitcoin price. $7500 is still the right time and prices to buy cheap as in 2018 we may see  $10,000 as cheap prices to buy and many has speculate here that bitcoin is going to be above  $15,000 before the end of 2018.

A healthy correction is sometimes needed to see another push in the price. Since $7500 has been hit and the next logical step is now $10000. It gonna be another historic one for bitcoin if we are going to hit it. But as of now, the price is back to $7300 after a roller coaster ride of $7500 earlier. But rest assured that we can get to $10000 sooner than we all expected.

Bitcoin has just started the journey it has much more to achieve, it is not at peak yet it will go even high. The reason all is that it gives a high output along with the quality of being easy and simple to be used. People are getting into it because it gives success in very short time and let us be able to secure our future and raise the standard of living. My honest point of view is that this worth is still low it has set its goal high

Why is it not correct though ? It's perfectly fine if you know why the price of bitcoin increase so high right now. It is because of the hardfork on this november. People buying and holding their bitcoins to get free coins from the fork. Just relax, people will dump their bitcoins soon after the fork finished.

Bitcoin new ATH is over $7600, then got corrected after reach the peak. But, bitcoin price already recover to $7500.
Bitcoin hard fork on November 16th will likely create an altcoins, people tend to buy more bitcoin in order to get more free coins of b2x.
So, it seems bitcoin may reach another ATH, maybe reach $8000 before hard fork occur.

Actually we dont know what exact happen to the bitcoin this upcoming fork because maybe we see price decrease or increase. As of now th eprice of bitcoin is 7000 dollars plus and it will increase kore so we can make more profit in the future. More bitcoin that you have more chances to earn money.

Next year I think the price will increase not decrease and possible we see 10kdollars.

maybe your predictions will come true, as I was very skeptical about the price of 7000 dollars, but to my surprise Bitcoin beat this maximum. perhaps the end of the year we will really see 10,000 dollars.

correct always possible but bitcoin back to rise fast so when price down many buy more they make it up again

The crypto market is unpredictable before the segwit. Many people predict that the bitcoin will not pass $ 7,500, but so far the highest price has been recorded at $ 7,800, possibly next year. But I think it will return to $ 8000 soon, maybe June 2018

That's soon? We're just 10% away from reaching the $8000 level, which is peanuts, especially if we take the growth of this year into consideration. Now there is no urgent need to worry about another chain split anymore, it's just a matter of time before we see the market touch $10,000 for the first ever time. I personally don't expect that to happen within this year, but the market has trolled everyone here as no one expected the price to come even close to current levels in such a short period of time. If it turns out to happen, then I won't be surprised at all.

I don't see the price easily go back to 8k now. Let it settle after these turbulent months. Perhaps it even can go back to old resistance levels. Because x7 is just too much. Even for Bitcoin and the promise it holds.

Did I missed seeing bitcoin at $7,900? I read a news that it hit that price this day or it was only $7,600? Since before I travel, $7,600 is the price I saw and it made me some happy trip and gave me a good vibes before leaving my computer. And well the Segwit2x has been cancelled, so everyone has been expecting now bitcoin to pump and get wild before this year ends. The real test has been overcome.