Its possible bitcoin going down under 7K this weekend?

[magneto]

Hi guys, Today bitcoin reached 8K, but now is in road to 7K, its good time to buy?

i'll be waiting by yours answers, thanks

Whenever the price drops below $7500 now i would definitely try buy at least 10% of what you've got to buy bitcoin with. But i don't think that it's going to happen at least any time soon this year.

Usually when bitcoin drops happen it is because of altcoins rising in value, especially forks of bitcoin. Now that the BCH bubble has burst and the BTG bubble is also correcting, i doubt we'll see a rise from either any time soon.

Therefore, price of BTC shouldn't go down much.

[AjithBtc]

Hi guys, Today bitcoin reached 8K, but now is in road to 7K, its good time to buy?

i'll be waiting by yours answers, thanks

Whenever the price drops below $7500 now i would definitely try buy at least 10% of what you've got to buy bitcoin with. But i don't think that it's going to happen at least any time soon this year.

Usually when bitcoin drops happen it is because of altcoins rising in value, especially forks of bitcoin. Now that the BCH bubble has burst and the BTG bubble is also correcting, i doubt we'll see a rise from either any time soon.

Therefore, price of BTC shouldn't go down much.

Bitcoin price now has got stability to move forward. The same drives the user towards bitcoin buying at price drop points hoping for a large scale profiting, and at some time interval the price falling down is common. And this time the same won't take the price go low to $7000.

[haroldtee]

no one can know but bitcoin now go up not down so it is hard to back again less than 7,000$ price

The truth is no one can really know and bitcoin is always going to keep surprising us. It is good that we can share opinions and speculate, but the market is all that determines at the end what would end up happening. We already had a break out and now we are having a new consolidation which is ongoing, so it is still a bit early to really know where the trend leads. We might have another break out soon though from my analysis.

[DrGuns4Hands]

It is hard to speculate because bitcoin has a lot of surprises in the past few days, like it will drop but then will spike later on. But for now i don't think it will go down under 7k this weekend and i think it will stabilize in 8k and keep growin'.

[mharz]

It's hard to say that bitcoin value are dropping down under $7,000, because price of bitcoin now in the market is expensive. Also due of good reputation of bitcoin into the crypto currency industry it is impossible for us to believe that bitcoin value are immediately dropping down to $7,000 in this weekend.

I think speculating of bitcoin price in the market is too much hard, but if we believe into the bitcoin and their ability to increase their value on their own. I think we don't need to doubt regarding fluctuation of bitcoin price in to the crypto currency community. Also I trust bitcoin that their price will not fall down into $7,000 this weekend or even after this year.

[raven7886]

The price as of now is already 8k dollars and maybe it will decrease but we don't know when we dont know if this weekend.
But i hope the price of bitcoin will continue to increase.

The truth is that no one really knows what the outcome of bitcoin can be and only one scenario would really have caused bitcoin to get below $7000 in the first place which the chances of it breaking that support level was so low. Still, we are already having some new support at $7700 so far and anything below that though can make it go lower or we might just have to break another resistance from what I am seeing.

[streazight]

Hi guys, Today bitcoin reached 8K, but now is in road to 7K, its good time to buy?

i'll be waiting by yours answers, thanks

Well, so far so good, your speculations are wrong and bitcoin did not indeed go below $7000. I am really not sure we should be expecting some huge massive correction any moment now, as we might just keep seeing some bullish activities for now but no one really knows. Bitcoin only came down a little below $8000 and that really shows a lot that the support is growing stronger than expected.

[Pamadar]

Hi guys, Today bitcoin reached 8K, but now is in road to 7K, its good time to buy?

i'll be waiting by yours answers, thanks

Well, so far so good, your speculations are wrong and bitcoin did not indeed go below $7000. I am really not sure we should be expecting some huge massive correction any moment now, as we might just keep seeing some bullish activities for now but no one really knows. Bitcoin only came down a little below $8000 and that really shows a lot that the support is growing stronger than expected.

Yeah right its seems that its aiming to reach 10k$ and looking from some downfall its just easily been taken by massive supporters so speculation that it will fell below 7k$ didn't showed after a week let's see if how long this would stay with 8k$ level still looking for the best result for my investment.

[hesham51]

My gut tells me that bitcoin is relaxing for its next shoot, just hang on with it.

[wuvdoll]

Hi guys, Today bitcoin reached 8K, but now is in road to 7K, its good time to buy?

i'll be waiting by yours answers, thanks

Whenever the price drops below $7500 now i would definitely try buy at least 10% of what you've got to buy bitcoin with. But i don't think that it's going to happen at least any time soon this year.

Usually when bitcoin drops happen it is because of altcoins rising in value, especially forks of bitcoin. Now that the BCH bubble has burst and the BTG bubble is also correcting, i doubt we'll see a rise from either any time soon.

Therefore, price of BTC shouldn't go down much.

This is what any reasonable person would do but as far as I am concerned, we may not really get below $7000 as it is one hell of a huge correction to have now.

We have been able to hit a new ATH from a breakout recently and in cases like that and looking at the trends, that usually leads to a new ATH or another level of break out. One thing I have realized though is that bitcoin is full of huge surprises.

[allohha]

Hi guys, Today bitcoin reached 8K, but now is in road to 7K, its good time to buy?

i'll be waiting by yours answers, thanks

Whenever the price drops below $7500 now i would definitely try buy at least 10% of what you've got to buy bitcoin with. But i don't think that it's going to happen at least any time soon this year.

Usually when bitcoin drops happen it is because of altcoins rising in value, especially forks of bitcoin. Now that the BCH bubble has burst and the BTG bubble is also correcting, i doubt we'll see a rise from either any time soon.

Therefore, price of BTC shouldn't go down much.

This is what any reasonable person would do but as far as I am concerned, we may not really get below $7000 as it is one hell of a huge correction to have now.

We have been able to hit a new ATH from a breakout recently and in cases like that and looking at the trends, that usually leads to a new ATH or another level of break out. One thing I have realized though is that bitcoin is full of huge surprises.

I do not think that the demand for crypto currency is a very strong influence on the price, because recently there has been a very strong and rapid change in prices in the market, so I suspect that it is necessary to talk about other reasons that are more important and problematic

[KaliLinux]

Hi guys, Today bitcoin reached 8K, but now is in road to 7K, its good time to buy?

i'll be waiting by yours answers, thanks

When we look at the value trend from past 1 month could observe tremendous growth in its value. Yes $7k is low compared with current trend. Its advisable to buy now at $8k because we are expecting it will touch atleast $10K.
Let see how its moving up.
Also the value is not staying at the same value even the trend goes down. Awaiting to see $10k

[Techmind]

The price as of now is already 8k dollars and maybe it will decrease but we don't know when we dont know if this weekend.
But i hope the price of bitcoin will continue to increase.

The price is $8460 now. I do not think the price will drop a lot until it reaches CME future next month.