What will happen to BTC next week ?

[icecube45]

Its only going to take a tiny bit of momentum and I think we could easily get back to the $900 to $1000 range.
Unless there is some really bad news in the next couple weeks, people are going to realize the recent stories about China regulating or banning Bitcoin were just rumour, as usual.

Yeah right price will certainly be back to the numbers that you mentioned and will not drop further down. But for a few weeks I think the prices will still not stable and will remain as it is now because there are several factors that slow the growth of bitcoin, such as the one that you said. I'm sure this will not last long and prices will soon recover, most importantly do not panic and make mistakes because it will affect the market price.

[bohr]

Bitcoin rate continued to rise during the first weekdays of 2017 and reach its all time high price around $1139.89 but after that it has tremendously fallen and reach its current value $822.49.
So, the bullish wave, that has been fueling the price rate to surge since the last year or to be more precise since september, has been apprently reverse and the price rate of bitcoin has continuesly drop since then. Ive read some bitcoin speculations that this will continue til the upcoming week. So, what can we expect during the upcoming week ? Will the BTC price continue's to rise up after this brief price correction attempt ? Or the big guys in the market will continue to pull its price to lower levels ?

It will depend, probably nothing too big will happen but with Trump taking office it could make markets move like crazy if he does something big in the first days on office.