Bitcoin Forum

The price dropped a lot last night. Don't know if it can go up or down next week. Want to buy more.

"dropped a lot", you meant dropped by approximately $300 yea? and now we're a few hundred from $20,000(source: coinmarketcap (http://coinmarketcap.com)).
Will it go up or down? No one knows. Heck if I knew how the markets would exactly move, then I would be a millionaire by now just by
buying and selling bitcoin, even from starting as low as a $10 bankroll.

This is a question that can't be simply answered like this. No one really knows what is going to happen next. But there are some facts that you can analyze:

- BTC futures are starting to get traded today;
- New people learning about cryptos everyday (I'm from Brazil and BTC is getting mainstream in popular TV channels);
- No bad government news on cryptos
- End of the year is coming, I've heard rumours about a big dump to start the year (don't take this in consideration btw, I've read this somewhere but there's no way on confirming this)

You should watch what's happening in the scene and cement your opinion from there; if someone is saying that certainly the price will go up, you should suspect, no one really knows.

everytime can be change up and down for bitcoin,and look up to date news

Wall street will show us at 18.12.2017 what gonna happen

A few hundred dollars is nothing to worry about. How many times have we seen $1k+ moves now?

Do you know how to read a graph? It never dropped. What's the point of your topic? Buy more before it goes up more.


Noone knows what is going to happen.

Bitcoin is gaining so much traction lately it's even effecting my country and local news.

Will most likely hit some resistance now around the $20,000 target. I do however think that with all this media attention Bitcoin has been getting lately that we can go higher than I ever thought.

Highly volatile right now mate..

I am pretty sure, that we will see more and more highs all the way to the New Year. But than again, it's so unpredictable, that I am not risking to invest more, even though I could definitely benefit from some healthy profits.

The price of bitcoin can not be predicted, if now down, tomorrow it could be doubled.

Now still providing the best opportunity to buy bitcoin cheap and I told a friend yesterday that buy bitcoin now for a long-term view is good but if you are a short term trader then he should for the price to fall back world a bit. I don't think that bitcoin will fall below $17500 before end of this year and it might not get to $25,000 before end of 2017. But in 2018 it might go above $40,000.

We don't really know whether its value will drop or rise since it is way unpredictable. But the thing here is that Bitcoin is valatile so changes on its value is just normal. More importantly, don't be scared if its value will fall next week but rather take advantage and buy Bitcoin at that moment to earn huge profit in the future.

Price dropped about 1000 dollar. Given current bitcoin price it is not a big amount. It's only 5% of bitcoin price. 5% rise or fall in price is always normal in cryptocurrencies.

So go ahead and buy more - at his point in time one is certain - we will have price gain, bitcoin will be worth even more.
Why do you pay attention to small shifts of $1k- $2K when bitcoin in the future will be worth $100k and more?
Just buy it when it still cheap like dirt, the business adoption just started - soon BTC will be the most desired asset on earth.

If I were you I would buy more even if this price turns out to be a high one because we all know that in the long run, it will still give us profit since it is expected for btc to go above 100k$+ in the future. If you are in for the long run, then don't mind investing now even if it can go up or down. Better yet, do not invest it all at once choose entry points cheaper than this price but buy some today. That way you can profit if it pumps and you can buy again when it dumps.

It did went high too quick and reached $19,000 and close to $20,000. But now it is backed at $18,710 so you are skeptic if the price will go up next week. Everyone is just speculating here and all are depending to their feeling and base on technical analysis. Did you managed to buy more during the time you posted this question, if you did so then you did a great job.

Yes

I am on the same level. Seriously, if I didn't had any coins right now, I would have dumped like 25% of my entire wealth in Bitcoin at this point. If one thing has become perfectly clear this year, then it for sure is that people who are waiting will keep staring at how the market keeps increasing. Waiting at this point is the last thing people should do.

If you understand what Bitcoin is capable of, you will think like that, but a good portion of the people here don't know anything other than Bitcoin having gone up in value this year. If they really did understand Bitcoin, they wouldn't ask others whether or not it's a good moment to buy. I remember how people were even opening threads asking whether or not it's a good time to buy at $500 because the price has gone up a lot already. :-X :-X

It didn't drop that much. Its current price is hovering around $18700, though it dropped as low as $18200 yesterday. Its peak before that drop was about $19400, so it corrected by 6.2%.
That's a significant drop, but not that huge in the world of cryptos. It's quite low actually, considering the insane rises we've gone through over the last few years in the crypto-world.

To be honest, no one knows how much it'll go up/down, but I think it'll be anywhere between (& around) $18000-$21000. I feel like it's not gonna rise a lot, but it might hit just above 20k.

I hope it's gonna stabilize though, that'd be the best thing to happen for it to be accepted worldwide as a currency for daily usage.
Sadly, that's probably not gonna happen. We're gonna keep these spikes.

As for me I would gladly view it out as developing currency, that's why we are going to see those more possibilities that price will fluctuate even more next week. About its up and downs, well we cannot predict it but for I maybe wondering that it will go down so that it will stabilize at a certain value,  so could give chance for other crypto currency to rise its price again and those holders can benefit when they sell their asset in the future.

The price dropped and someone posts again here about the drop and  asks when the price will increase and when the price goes up the same question will asked, vice versa. Come on, we've been seeing the movement of bitcoin suddenly and it's price keeps on moving towards to our expectation. It doesn't matter if bitcoin will go up or not next week, what's important is it's getting popular and starting to be stable.

According to the charts the BTC price is going up when new years come and then go down at the mid-end of January.


True, instead of asking everytime here in the forum, why should do our own assignments alone or make a thread that purely discussed about the price trends of BITCOIN or ALTCOIN.

Based on what i think, i don't think bitcoin price will go up next week because all the major bitcoin features are done and the Christmas and New Year celebrations are all around the corner.

They are right if they ask the same thing, but we must also know that the situation also changes at any time. Currently the OP is asking about the conditions in the next week, I guess the answer will also vary. But for me, I'll give you the same answer as you say. I have never hesitated and worried about the decline in the price of Bitcoin, I always believed that Bitcoin will always increase and develop in the future. I've decided to invest a lot of money in Bitcoin. I am middle class people, so this is a golden opportunity for me to invest. Later if I have enough money, maybe I will invest into gold.

Dropped a lot? You are exaggerating too much. Well a few hundred dollars is a big amount but if we talk about the percentage of drop then it's only few. I presume that when Bitcoin reaches more than $20,000 some will dump some of their coins and would trigger a mild correction that would make the price not lower than 17,000. That would be the best shot to jump in. There are no certainties that Bitcoin will ever go beneath that mark ever again so when you got the opportunity, grab them immediately.

That was a panic dump from some holders i think that brought the price down from nearly $20k to $18k. But no we're recovering to a nice level as well so that is definitely a good sign for now.

This week and next week we'll most definitely see the $20k level be hit, and then after that the same people who dumped early will start buying and it'll become the fomo stage once again. So i'm extremely bullish for the next week or so.

Corrections are going to happen but not now, in my opinion. We've still got a long way to go in the rally i reckon, and personally i'm holding until at least $50k to see what happens and reevaluate my position.

As per my knowledge every year there has been slight fluctuations in the value of bitcoin which has been affecting bitcoin negatively but this time things are different from previous years with lot of exposure to bitcoin and I believe this year might be different and instead of going down I believe this time bitcoin will reach a new mark next week and we can easily cross $20k mark if panic selling can be avoided this year.

Bitcoin will be below $ 18,000. It was forecast for January. The first futures contracts showed that the price. Bitcoin always exceeds our expectations so I am sure that the price will rise above 20,000. I predict even higher price. There are pending obligations under futures contracts and speculators will use the opportunity to make money.

I believe bitcoin will go up next week, but if go down, I sure will not go down to much. Because still many investors invests in bitcoin.
If you see the graphic bitcoin grow up fast every years, demand and supply bitcoin still high in the market.

I think never

I hope the bitcoin price will rise next week while uncertainty is coming. End of 2017 in Vietnam will prohibit bitcoin so investing in long-term bitcoin is impossible in the current situation. There should be a policy that attracts and reassures the bitcoin player. My friends want to join!

Considering the fact that it's the season of Christmas or the season of giving, it's the time of the year again wherein even if people don't have much; they will choose to give gifts to others so that the Christmas spirit would live on. Even if it seems like this doesn't have any relation to the rates of Bitcoin, it actually somehow affects it. Since the season promotes the time of gift giving, more people are urged to let go, spend, or sell their Bitcoins in order to buy some presents to give. Given that fact, the rate of Bitcoin would actually decrease in rate since the circulation of Bitcoin is more now compared to how it was a few days ago. This situation although it can be unreliable and not proven can be considered since season is also a factor when it comes to rates. So I guess, as we go through this season, we will continue to feel a few downfalls but knowing Bitcoin, it will bounce back sooner or later.

This is the main forum for bitcoin and every discussion about other altcoins too are here but these people who're asking about it find it easy to get information it. There's a thread here that purely discuss about the price of bitcoin, it's ups and downs and that's the most active thread here since before and does have a lot of comments and views already. It's also here in the speculations board.

Up!
Bitcoin will sooner or later go up. The next week is no exception.
The bullish trend is not broken.

Probably, in the next week the price will progress slowly (maybe will be close of 20K) because in this period there is an advance of 4% so there is no big surprise in the price. As well, many users of Cryptocurrency have problems (low of the payment) because of the current price, traders too.

You mean that people can't afford to buy more coins? If so, then I don't see it being much of a problem. Those with the financial resources to move the market never run out of liquidity. Only rookies and other blind gamblers run out of funds, which is their own fault. The market right now has taken a short break because we are very close to a critical barrier that might take a while to eat through. Just like the $10k level, $20k might be another reason for the market to start tanking, and that's why things have slown down a bit. If these worries were no issue, we would have broken through that level already, that I am sure of.

I think price absolutely will go up next week.
DON'T SELL YOUR BITCOIN.
BUY BITCOIN NOW.
Price will be more than $20.000 end of 2017.

I agree with you... it is time to hold or to buy but not to sell BTC... this is the typical correction in BTC value, we are now going down before start rising again  ;D

I believe that bitcoin will go up next week, now already up bitcoin price. I am sure will not down bitcoin price in the year 2018 still many investors invest in bitcoin. you need to see the graphic bitcoin grow up fast every year, demand and supply bitcoin still high in the market. bitcoin price was low because of Christmas. I think there is no reason bitcoin price down in the year 2018.

2 days after new year's day, Bitcoin rates are finally going up. It's an exciting sight to see how the graphs are changing its path. The trends are finally recovering which just goes to show that Bitcoin is not a bubble. The holidays somehow really affected the rates and with its end, Bitcoin is on the rise. Happy New Year to all!