Bitcoin Forum

With all the money flowing in from blind investors and all these sudden massive increase in only a few days, are some a few scared it will crash?

I'm not saying go to 1,000$ but crash back to 10k?

And I know no one can predict anything... I'm simply asking for opinions...

Nobody will undertake to make such a forecast, and no one knows. Rather now, indeed, many expect a correction for the buy

And tell me, why do you think that it will crash? do you think that there are real facts to think about of why it should go back to $10000?

The same happened a few months ago when it went from $500 to $1000, it took a long time, but it did.

And a lot of people were saying; oh no, this is pure fomo, it will crash down to $500 again because a lot of blind investors are in there..

This is fake, it will not retrace back, just keep watching it going up.

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I mean I can see it crash because of all that blind money that came in... with some market manipulation and bringing the price down to say 14,000 everyone who jumped on the train at 17k or 16k might leave when they see it happening and it might go back down even more.

But then again last time BTC really crashed, it had a ''good'' reason it was all that FUD with China... and next thing you know it went from 3k to 17k.

So yea... obviously I don't know the answer and neither do you but yea...

If we talk about facts, then you are right because there is no reason to have bitcoin over seventeen thousand dollars, this is a huge number and no one knew that it was going to touch these levels.


It only dropped because there were a lot of fud on this forum, and everywhere, i think that it was just a marketing campaign to stop buying bitcoins.

Even in my country there were some warnings from TV programs saying "do not buy bitcoin because it will crash"

Yea that's why I could see either of these vary basic scenario happening. But then again i think it will come back to 17k eventually so I think it a big gamble to think it will drop and buy back.

Yes it is possible that bitcoin will experience being crash. Not all the time bitcoin's price will increase. Bitcoin also experience ups and downs just like in investing, you will not always be successful, sometimes you may lose a lot of money. But if bitcoin' price will crash, i think it will not crash too much and it will make sure to do everything to get back on track. Many people are hoping for the price of bitcoin to continuously increase. Some people will eventually quit when bitcoin experience crash which is wrong because crash is inevitable not only in bitcoin but also to all other cryptocurrencies.

Yes and unless there is a major news, it won't crash for nothing... it will eventually go back up..

So I think converting to fiat to hope for a dip and buy back would be a mistake

maybe a new investment will feel the fear of prices will drop, but for the old players it is not a scary thing because they basically know where bitcoin prices will go. I think for those who are just investing in confusion because they are investing because they see bitcoin prices soaring without knowing aspects beyond the bitcoin price.

The massive increase in the price happened last week, and with it, the correction. We went close to 19k and then last weekend the price went down to 13k-14k (that's $5000 difference).
We won't see 10k again unless a big crash happens (a 40% decrease in the price), which is very unlikely. I'd say the new floor is around the 16k mark (the price has been pretty stable at that price since monday) so from now on we can only expect to see the price going up/down with the usual fluctuation.
But worst case sceneraio, it goes down to 10k...so? that would be the perfect time to buy cheap coins before it jumps back to normal.

16k$ mark is not the floor price yet. I am sure that at some point it will go down lower than that price. 10k$ also is not the worst case scenario. I think the worst case scenario is that bitcoin will fall back to 6000$ but it is very unlikely to happen this year. I am sure though that like you said, if it evrf happens it would be the perfect opportunity to buy cheap btc before jumping back to normal. For now let's just wait for the end of the year maybe I am wrong and it is possible that price will go down before this year ends.

I saw that you quoted my reply, let me tell you that everybody who has invested money in bitcoin during the last few months are just in here for making money by the most easy way..

Even my grand mother asked me a few days ago for bitcoin, maybe they all are blinded for money, or maybe they "really" want to take advantage and just put money in here because they want to leave the actual monetary system.

The only thing that i see that you are right, is that probably not even 1 of 10 people in here are just holding cryptos to use their features, they are just taking care of the returns and the profits, nothing more.

yep indeed it's the most easy way to make money because Bitcoin price steadily increase,
but bear it in your mind that the price that we're current have were pure manipulation.
what i am talking about is,right now the expenses that we need to make or to solve the block around $5000++ (average price).
in other words,the price pumped 3x times from miners expenses.
do not you think it's a high return for them ?
do not you think they do not want to encash their holding to pay their expenses and for their profit at the same time .
also uncertainty that we currently faced make it even worst.
at least until the news about the listing on Dec 18 the price will be dumped a little bit or we will see a correction a week before the end of the year.
well,everything can be happen with it and it's all based on my observation.
nobody know about the future,and all that we can do is hopping for the best

A crash's probability would be at its minimum this time. There are no news that would trigger this. I believe there are no signs either.
If we could notice on the Bitcoin's graph, after reaching 17k, it went down to 15k level and began climbing again after that. Bitcoin stays at the 16k level for a while and is not having any significant drops since then. So it is safe to say that Bitcoin is somehow stabilizing at the moment. Bitcoin might drop but will not go under 13k.

We wont see any big crash for now as there are many investors now in bitcoin ,but we will see a good correction by 2018 and it all depends upon how people are going to react when there is a small correction,if there is a massive panic ,then the crash will be huge,earlier we used to see those falls but now whenever there is a correction people are purchasing it,eager to see how long it lasts.

There will be a correction, but bitcoin is not crashing, the correction effect wont be too severe until making bitcoin going down to 10k, we all  have the fear that bitcoin price going to have a big correction, but bitcoin still in a strong ground, so although it go down it will coming back again

What I am seeing is a stable price that indicates no further massive correction. Money is flowing in large cap altcoins that shows bitcoin will stay stable for longer. I saw a surge in volume of ETH, BCC & XRP along with LTC & DASH just a time ago. Altcoins see such growth only when bitcoin is expected to be stable and in both the other case (bear or bull), altcoins die. So, I believe it is a healthy market and there is no massive correction coming.

Just for now if your planning to sell your bitcoin nows not the right time it is so risky considering the ups and downs. Who knows it might get bigger at the end of the year. Stay positive dont sell your bitcoins yet. But it yOu wan to invest now is the right time look for the lowest price and quickly buy it for about $16000 is the least minimum value of it . If it get that low thats your chance to buy it.

Bitcoin is known for its volatile price dips, so I certainly wouldn't be surprised. Also, Masterluc predicts a retest of the $10k area, and his track record speaks for itself. Whether that price target comes before or after new all-time highs is an open question, though. Sentiment is also hyper-bullish. I have noticed that top calls in my Twitter feed are virtually non-existent anymore. It's during these times when everyone is bullish that a big shakeout often happens because everyone is long.

That said, I wouldn't short this beast. The uptrend is incredibly strong. Any drop is a buying opportunity, not a shorting opportunity.

I really wish it could go back to $10K beacuse I want to buy loads more!!!!

Bitcoins behavior is really unpredictable causing a lot of panic of buying and selling. Last 3 months btc price was only at $5k-6k and by this month its price is almost 4x. So I think as of this current day, I heard about its correction that btc will have a normal behavior. But I think it will still go to increase.

Crash back to $10k could be possible although i don't think it's going to happen right now or in the near future. Only going to happen when the bubble is fully done and tehre are 100% no more rallies coming up will the price retrace back to $10k.

It's quite difficult when that will happen or the magnitude of it.

This could be going on for years for all we know, but it is not sustainable. Right now people aren't actually scared that it'll crash, they're too focused on the profits ahead to be scared, meaning that price will most likely go up in the near future still.

https://www.profitconfidential.com/cryptocurrency/bitcoin/will-bitcoin-btc-crash-2018/

I must remind my readers that I’m an analyst and not an astrologist, nor do I have prophetic powers to predict the future. I can, however, look at the technicals or fundamentals and tell you where I see prices moving.

Fundamentally speaking, Bitcoin is gaining strong ground internationally. Governments around the world are showing interest in legalizing or regularizing this digital form of payments.

Countless businesses around the world are now accepting payments in the form of bitcoins. People are transacting with each other using this decentralized medium of exchange. Bitcoin financial products and services like debit cards and ATMs are functional across the globe.

Above all, we just got the first-ever Bitcoin futures–a government-regulated financial derivative of Bitcoin which recognizes it as a legitimate asset class.

In short, there is real demand for this cryptocurrency out there, which bypasses the “sheep.” So even if some nervous investors begin to jump ship in the event of a downtrend, Bitcoin will likely still remain worthwhile.

I’m not hesitant to say that a Bitcoin bubble may be in the making and Bitcoin prices may be heading for a major correction in 2018. However, I do not foresee a Bitcoin crash in 2018 just yet.

Sorry bro! Wall Street is gonna pump it even higher.
Wouldn't be surprised to see a top of 25k-30k before seing some significant correction.
Then you maybe will be able to get a chance of buying around $10k or a bit lower, who knows.
So I think you gonna have to have some more patience before you'll get your chance.

It can sure make another bullish trend in the following year, even thought there are people speculating that we might get a correction after the price surge up high, but yes whales would not allow the price to back down for now they will keep it pumping until they are satisfied with the value they want,

The new investors and new holders of bitcoin are the ones who will fear the correction of bitcoin (in case there will be a correction) because it will be their first time encountering correction in bitcoins price. Some of us knew and got used to this so of course there's still many of us will still hold our coins because we knew that it's an opportunity for us to buy and hold more coins and after the correction the price of it will pump up again.

Me too, a drop in the value of bitcoin would be great for accumulators such as us. I think it really needs to drop further than $10k though, 5k would be an ideal buy price.

There is even no news that would really affect the price of bitcoin that much now. Sure, we had a lot of FOMOs rushed in like some said, but who really knows if they were actual FOMOs or they are some set of investors that really know what they are doing and as long as they are happy to pay for what they are buying, then that is what has made the price to be what it is. Right now, we are having another major bull run and I hope people are still not there waiting for a crash.
You better hop in now cause bitcoin is set to double up!

While this price remains back to normal and back uphill, the correction in the last few days is not much and its not a correction in my opinion. The correction will occur early in the new year at the start of the possibility of further down.

Correction does not occur after a long period of stability. It always happens after a big spike up. Perhaps now we are at the beginning of this process. Now the price rises to 20-21K dollars. Then we will see a correction in the region of $ 19,000. This is assuming that the whales would not compete with futures. If they start this fight then they can raise the price of bitcoin up to $ 25,000. Those who contracted to sell in January bitcoin at $ 18,000 will be in shock and will never again have to deal with futures.

i like the way you write the tittle "Bitcoin correction"
so i assume here that we are agree that fall from last day is just a correction from fast moving forward BTC price or maybe we can said that profit taking from earlier investor, some of us do that too
btw i like to use fibonacci number to check floor price of support and resistant
it should be betweet 38.2 and 50 from lower and higher price

Nah i don't think that it will crash from $17,000 to $10,000 so easily well i can't really predict it but come on bro maybe it will crash but lets just say that it will only crash at $16,000. Well i know that there are some blind investor out there but come on.

Correction has really high chance to happen but the question here is, when and how much it will go down?

Since no one can predict anything then just do your chores to take advantage of the current trend or set up some plans on how to deal with the price crash once it happened. It will just stressed you thinking too much. Ride the trend, even it's up or down or if your goal is long term then no need to think about the correction as no matter what, you will just hodl your coins.

No one can absolutely say but looking at the charts now and the fact that BTC is about to start another turn to the way up, I really hope you are not still waiting for a correction. We have had some corrections already and if that is not good enough for anyone, I really wonder what they are waiting for.

I think we have seen 2-3 corrections on bitcoin price already but all of them were small one, many newbie investors are pouring their money in bitcoin and in almost every coin like ripple few days ago.

All other altcoin pumps might not remain sustainable but pump on bitcoin looks quite healthy now. Price has already made good  floor at $15k.

Every time exists possibility that something went wrong. Bitcoin rate might go down, or even increase very high. Noone knows with 100% confidence.

Yes we all scared about the crash but nowadays much better to monitor bitcoin to prevent a huge lose because bitcoin is overdue maybe we didn't notice it will crash suddenly. And you are right we can't predict when will be it happen so much to better to read some new about bitcoin movement. 

Yeah, let's get the market to tank so you can buy your 0.01BTC, which will make you an incredibilty wealthy person when it bounces back up to $17,000. :D

If you did your thing in the correct manner, you wouldn't be waiting (better said, hoping) for the market to start tanking to buy back in. This market has offered people enough opportunities to accumulate consistently on the way up, and people still manage to mess things up. Seriously, how many examples do you guys need in order to understand that securing profits with minimal gains will make you only lose out in current market? If you're lucky, and the market happens to tank indeed, make sure you buy back in and don't make the same mistake again.

Day to day bitcoin achieving it's new step. Today the price of bitcoin crossed 17700$,it's not happen in single day. Step by step and day by day is takes for bitcoin to reach this much.Yesterday the price of bitcoin move to 16000$,but today it again reaches 17k and reach the new peak of 17700$.At this year end the price of bitcoin will move to 20000$ .

Everyone is expecting a correction but bitcoin does not care what we are expecting and speculating. It's move are unpredictable and difficult to determine, hence there might be a correction in the coming days but back to $10k is not possible anymore. Many things have happened in the past which will support bitcoin's value above $15k for sure. Bitcoin is getting more and more users everyday and at this growth rate, I am assuming that it will cross $22k before New Year. Correction may occur any time but will definitely be short lived at this stage.

Correction of bitcoins price is inevitable. But when exactly will it happen and how much will price fall down no one can tell for sure. I guess it will fall to 11k-13k $ , that sounds reasonable to me. What also could happen is that price go up more, and than after some time it would go down. Correction of price would be good thing, because if price of bitcoin continue to rise uncontrolled  fall would be even larger, bad things could happen...

Bitcoin has this image of volatility of daily prices. We cannot guarantee of fall back of the price but it is possible for the correction. But if this will happen down to $10k users will grab the chance to buy back. Btc price may increase again and ofcourse those users will take profit of price increase.

Well what you can guarantee actually is that correction always happen. In markets like ours, the rule what goes up must come down also applies.

It also happens on the other trend, if it always go down, at some point expect a correction that the price will rise.

back from 17,000$ to 1,000$ is not correction will be end of bitcoin and can happen in long term like many bubble.

now many investors believe in bitcoin and impossible crash happen

Bitcoin system is a digital currency exchange and rate of bitcoin was so good and today rate of bitcoin are $17615 and in future it reach much much more and this is not a correction and it goes to $17000 to $1000 this is also not a correction it will happen in the end of bitcoin and well what will you correction always happen it market rise and ruels to go up must come down also applies .

I believe there will be a crash in 2018, but only after it goes to up from 60k-100k. Then it may (a possibility) to crash fo real at $10k or less. Then if you have money, it will be the time to buy all you can at this rate.

Actually, that's very close to the percentage losses from the 2011 correction. Personally, given the level of global adoption we are seeing and Bitcoin's incredibly limited supply, I don't think it's possible. But it wouldn't be the end of Bitcoin. At this point, I believe even an existential protocol flaw could be overcome with a hard fork and investor confidence would likely return.

If everyone collectively believes a crash can't happen, it virtually guarantees a crash because no buyers are left. This is classic sentiment reading. The problem is, where does this equilibrium occur --- $18,000? $25,000? $100,000? At some point, the pendulum will swing back, but it's impossible to know when. That's why you never short a bitcoin bull market.

I wonder if people have not really been looking at the charts. There has been some tug of war lately between the bulls and the bears after the correction and we all see the outcome. Now the market is testing back up and I really do not know why some people are still waiting for a crash that may never even surface. Even if it eventually does, that just gives us more room to have more for ourselves.

There is a possibility and you have said it already, no one can predict anything. We may just all be scared for nothing and hoping that we will have a massive correction and we may not.

It is just reasonable that after such a long quick ride with the massive increase in profit, there should be some crazily huge correction, but from what I have been seeing recently after testing the tops and coming back down, in the real sense, this is something that may not really come but no one really knows.

Even how many corrections will going to happen still it will not make the bitcoin price totally to fall down because lot of people have been already learned from the past that in the end they will just regret it because instead the bitcoin price rapidly increasing after the panic because when their is a price fall down it will be an opportunity by the others to purchase bitcoin at a lower price.

https://i.imgur.com/oSFPfuW.png

Best to have a stop at 17k...

Exactly, I like the way you put it, "tug of war", the bulls and the bears are continuing pulling and pushing the price of bitcoin that we even didn't see minor corrections because they are really very quick. Correction has been happening specially when CBOE opens its doors, that's why at the end of the end you will see that the price is relatively stable around $16,000-$17,000 and me thinks that at least volatility is reduced to an extend. However, its CME time to shine that's why the price has been push above $17,000 but I'm expecting that once it official offers bitcoin future contracts, we will the price moving to $18,000 and then an ensuring tug of war will occur once more. But as far as going down to $10,000, I seriously doubt that it can do that route, with so many investors waiting in line to buy. So much purchasing power willing to buy bitcoin at any price now.

Yeah, looking back at all the incidents and all the things that people have been saying about crashes, massive corrections and all that, it is just plain simple that some people are just using it to stir the market which is the reason I keep telling newbie investors that as long as they are here for the long term, they should not even bother themselves getting scared for a crash or waiting for one and if it comes, it is still coming right back up.

Blind investors? you sure about that? They are adding to the market cap of bitcoin and why so call them blind investors? I'm calling them new investors. Most of them are scared with a crash because they never experienced it. Anything can happen to the price when it starts to correct, it can go back at $10,000 or $5,000 or $1,000 or give number to the lowest point that's volatility.

We should not expect a huge crash and that is all I am here to say. This crash thing is becoming a bit talked about too much and instead of trying to help newbies who are investors, I am sure that would even be making them scared the more.

I know it is a speculative environment, but crash or no crash, bitcoin will still soar higher than this in the future and for those who have waited for crash in the past, I am sure they must have some of their stories to share to some of you now.

It really makes sense,in fact,as has happened before,many corrections have happened and even in worse circumstances I think and the price has recovered remarkably,but of course as the price is quite high today is normal that there is uncertainty or fear that the price will suffer an abrupt fall by some investor or many of them,but the opposite can also happen,of course that those relatively low prices never can come back maybe.

Well.... I guess it did happen lol... we can't all be that surprised...

and a nasty one, but predicted by many!

The market correction is inevitable for bitcoin and altcoins as well.
Whenever the price of bitcoin grow to the highest level the correction must come in to balance the price.