Bitcoin Forum

goes continue to fall? or some rise is expected. in my opinion the descents are being serious and sustained and that you lose confidence. that you believe?

https://www.tradingview.com/v/7YEmxS3K/

No. At the second at you'll lost confidence and sell all your BTC, you'll have the rise :D

Bitcoin price volatility is going to remain high in the short term. If you believe in the potential of the bitcoin protocol in the long term then don't pay attention to short term swings or use them to your advantage by buying when the price is down big.

I'm having a hard time understanding what you are asking...

Huh ?

with the bitcoin: everything ok
with the price: volatility
 ;)

It seem china govt trying to stop Chinese buying bitcoin. With okcoin.com announce last few days Chinese cant buy bitcoin with credit card and some other method anymore. In their news they stated they are being told by the china bank to do so temporarily. Lots of Chinese dump their bitcoin.
It can go both way..if china lift the ban of the payment method bitcoin could shoot up like rocket again or it will drop till a healthy stable level without Chinese.

I dont think bitcoin will drop below 400. Expecting 1.5 to 2k before next year.

With China exiting the market (and most of the speculation with it too), free markets that value innovative technology will push the value of bitcoin gently back up to that ~$750-825 range.  

Don't expect a huge pump though, but rather expect a nice careful long-term rise back up.  This will begin for sure after April 15th.

In the immediate short-term (time now to the 15th), however, not all are convinced the current value is the bottom.  Price may dip a tad bit more.

I think April is going to be a bad month for bitcoin. The price will continue to go down,especially after 15 April .But i believe that will go up to $700 by June.

What's so special about the 15th? Except the bloodmoons and the WW3 start between Israel and Iran ofcourse..  :o

It's the day teh intarwebs have decided China is "banning Bitcoin". Things will probably be bearish until teh intarwebs discover that Chinese investors know about Hong Kong (and other offshore locations) and that CNH is a thing as well as CNY. Then we'll wait for the next round of confusion.

It is the last day that the communist government over there will tolerate their fiat systems to interface with the exchanges.

China didn't ban the virtual currencies..they basically de-coupled them with their fiat monetary system.
 

There seems to be strong support right at the $400 levels.   I think a lot of it is psychological, because people start buying in quantities when it hits that low...

I understand. buy buy buy thanks  ;D