Bitcoin Prices incline below $4000 to Hit 7-day low

[Wesimon]

That is probably something that will happen, btc not raise prices forever and the market must also increase at once. And I think that is also an opportunity for us to make a profit. I think the discount is normal and btc will increase again.

I agree. It is normal for the price of bitcoin to go down. Let's call it discounted days for all of us. It can also be taken as an opportunity to buy bitcoin since we are really sure that it will pump back again higher than you expected. Compared to the previous dip of bitcoin's value, this one is low and bitcoin is reviving again.

[TravelMug]

That is probably something that will happen, btc not raise prices forever and the market must also increase at once. And I think that is also an opportunity for us to make a profit. I think the discount is normal and btc will increase again.

I agree. It is normal for the price of bitcoin to go down. Let's call it discounted days for all of us. It can also be taken as an opportunity to buy bitcoin since we are really sure that it will pump back again higher than you expected. Compared to the previous dip of bitcoin's value, this one is low and bitcoin is reviving again.

I think the opportunity has been taken by others because the price now is above $4000. Definitely investors have bought bitcoin back again because its already green. So for others that panic and sell their bitcoins, I think you made a wrong moved. What happened is normal for most of us. While for others we thought that the price dipping will continue, sold off, that's why weak hands has been shaken again. And good for others who just entered the market, hold on your bitcoin because the price could grow in the next coming months.

[btcney]

The bitcoin price is back below $4000. According to a period of high records, declination on average prices across global exchanges at the start trading on August 22. It was already dipped more than $150 from the day’s open. At the time of writing article, bitcoin was trading at $3861.87 as it was its lowest price since April 15. 

As expect on 23th August which is today there will be a pump.

This essentially serves as the rebound in price for the previous correction. And yeah, it was definitely a scary sight when it happened, btc suddenly dropping from $4500 to $3800-$3900 and all that. I actually braced myself for the worst but thankfully SW activation has brought it back up again.

Honestly i think that this is still an ongoing correction, we might see some more dumps in the coming days. Now that it's $4100 again, this is especially relevant. I think that this time, it's going to dump to around $3600 before rebounding again back to $3900-4000.

[Fafabol]

But price is already recovering from the dump, I think this one is usual correction after a long bull run. Price might settle between $4000 and $4500 for next few weeks before pumping over $5000.

This is not the first time it's happened and will not be the last, it happens all the time, Bitcoin price goes down then recover again then th eprice surge it happen when it was at the $2000 and $3000 level so nothing new really.

I think this all are usual and nothing to worry.
When we experience some dips just expect that sooner it will recover.
So don't panic and just hold your coins or you'll miss the train again.