Will Bitcoin’s Price Fall in the Coming Days?

[Leahized]

I think the correction that you are talking about has already happened, Bitcoin spiked to $123k  before it even got fall to $110k and now to a new all time high, if there going to be a correction in the coming days, it won't be much, quite the opposite can also happen and Bitcoin might surge above $125k or higher than that, you can not predict accurately what this season holds.

Yes many of us were saying that Bitcoin would come down to 112K and then create ATH, and it has already been done once. However, when Bitcoin arrived at 115k two days ago. Then I was in my mind what could happen later. I didn't understand why Bitcoin was dropping very quickly, and when waking up today, I see that Bitcoin has dropped more and has come down to 112K. Since we have already seen the new Ath very quickly. That's why Bitcoin may run a few months of Side Away Market and then pump again. However, no matter what the market is known, we should always be patient. However, the prophecy is not completely correct but it is possible to guess a lot.

[Aanuoluwatofunmi]

We cannot make use of a single factor to determine if the market will go on a 10% correction for now or not, because there are many things also to consider which affects the market price of bitcoin at any particular point in time, such could be from the season, news or the demand and supply of the market, such a way that if the market falls as we are seing already, we still have hope of it rising until we are done with the season.

[Franctoshi]

Considering the fact that Michael Saylor, Blackrock, the US government continues its buying of Bitcoin, I doubt if we would see the usual crash we used to witness before, people are hoping the market would fall sometime in the future,  forgetting market changing dynamics, we never had the parabolic run we use to have, and same will happen if we're to experience a crash, it going to be a mini crash.

[STT]

I wouldnt look to the news too much, we hear everything after its passed when the price and market moves in anticipation so your aim will be off lagged by that delay by the event and it being written afterwards.

BTC price action is regularly below 50 day average now and also 7 day average, theres no reason to be thinking we are in a positive move.  You can hope as much but reality right now is to expect the trend to reflect negative sentiment, with some momentum downwards.
   We were above 50 day average for a long time now its a bit more of a cloudy day just the way it goes; if BTC can recover back above then its fair but cant presume that imo.

[As-Soon-As]

Since the market is in a good position and has been at a high level for a long time, the market can start to fluctuate at any time. However, since the market has increased a lot this season compared to other bull seasons, there is a possibility of a fall in the market. However, I am not sure yet whether it will crash 10% since the market has gone from a fall to a high this month and it is currently holding a good price. However, it is not yet possible to predict how much the market can change in September, but I think the market will definitely enter a higher level than it is now.

I don't believe this either, that's why I agree with you, because for a long time the price of Bitcoin has only been improving and sometimes there are dips. However, the price of Bitcoin reached an all-time high in August, from which the current dip is naturally formed. And those who are whale Bitcoin investors are certainly the most ready to take advantage of this current dip. However, the Bitcoin market will correct, so everyone is uncertain about the future, that's why the dip market should definitely be kept on the Bitcoin buying list.

[lizarder]

Considering the fact that Michael Saylor, Blackrock, the US government continues its buying of Bitcoin, I doubt if we would see the usual crash we used to witness before, people are hoping the market would fall sometime in the future,  forgetting market changing dynamics, we never had the parabolic run we use to have, and same will happen if we're to experience a crash, it going to be a mini crash.

A crash to a lower price is unlikely to happen again because there are now many reasons why most people believe in Bitcoin's growth as an investment. Most countries are also starting to consider Bitcoin as a reserve, creating a stigma about it being a much better asset, which could have a much more positive impact on Bitcoin's future. Market changes will inevitably occur, with Bitcoin experiencing corrections and recoveries at times, but I don't see a major crash happening again.

This is our thinking, which has no conceptual basis, and it's possible that the changes that occur will cause Bitcoin to decline. Even if this happens, it will give most people the opportunity to buy much larger amounts of Bitcoin, and that could be a distinct advantage for those who are able to capitalize.

[justdimin]

What you just said is more like speculation but since we can't actually predict what the price of Bitcoin will be at any given time, I don't get worried about the price, just as you said in this few days we have seen the market appreciate and retrace too so I don't think anything different will happen before the end of September infact we could be pushing very hight this time, for sometime now Bitcoin price have being so good despite that we have been experiencing rise and fall but lets not forget that even as it has dropped in price, many persons are still in very huge profit, Bitcoin price. Might go higher and still retrace but I think what should be our greatest concern is buying more of it when have the opportunity and what it takes to do so.

Yeah, we are going to speculate about the price as much as possible. Long term investors will not worry about the price, why would they. That is why there is nothing that we need to worry about, we should be considering how things could change and price fall may happen but since we are holding, short term falls do not matter to us, it makes no change.

This is why it should not be a thing to worry about. While it is true that it means a lot to traders, that doesn't mean that we need to be able to focus on that to change anything for us right now. That is unimportant and it can definitely change a lot of things.

[Franctoshi]

Considering the fact that Michael Saylor, Blackrock, the US government continues its buying of Bitcoin, I doubt if we would see the usual crash we used to witness before, people are hoping the market would fall sometime in the future,  forgetting market changing dynamics, we never had the parabolic run we use to have, and same will happen if we're to experience a crash, it going to be a mini crash.

A crash to a lower price is unlikely to happen again because there are now many reasons why most people believe in Bitcoin's growth as an investment. Most countries are also starting to consider Bitcoin as a reserve, creating a stigma about it being a much better asset, which could have a much more positive impact on Bitcoin's future. Market changes will inevitably occur, with Bitcoin experiencing corrections and recoveries at times, but I don't see a major crash happening again.

This is our thinking, which has no conceptual basis, and it's possible that the changes that occur will cause Bitcoin to decline. Even if this happens, it will give most people the opportunity to buy much larger amounts of Bitcoin, and that could be a distinct advantage for those who are able to capitalize.

Indeed, Bitcoin has graduated into becoming a recognised world class investment asset, where the volatility is gradually getting reduced and some people still think that Bitcoin will continue to behave the way it used to, when Bitcoin is facing a diminishing return. Less Bitcoin are mined, whereas the demand is increasing, the system is more believed than before and more and more people wants to holdL than they wants to sell. Every slight price drop is bought up immediately.

[lizarder]

Indeed, Bitcoin has graduated into becoming a recognised world class investment asset, where the volatility is gradually getting reduced and some people still think that Bitcoin will continue to behave the way it used to, when Bitcoin is facing a diminishing return. Less Bitcoin are mined, whereas the demand is increasing, the system is more believed than before and more and more people wants to holdL than they wants to sell. Every slight price drop is bought up immediately.

Based on Bitcoin's performance over time, many people are looking for alternatives to existing investment systems. Despite Bitcoin's high volatility, it remains an excellent hedge today. We're excluding gold because the discussion focuses on Bitcoin's yield potential. I believe Bitcoin will continue to gain adoption among many groups due to its history of faster growth and greater promise.

Bitcoin experiences both downturns and upturns, which is normal, based on various events. However, what makes Bitcoin superior is its constant recovery, often seen in the four-year cycle that brings its price back to its all-time high. This advantage is unmatched by other assets, as historical data is available for some other assets that have ever existed but do not behave the same.

[dezoel]

The drop in the price will happen so we must be ready for that. If September is the major corrections, I hope that it will not happen as usual but it will be a good moment to increase and gain a good momentum to increase. But we never know what will happen to the market.

We can only hope and wish the best. We already saw the price down from the high to the low although this may not be the low. But we are in $117 which can go down further. If the Bitcoin price goes down, that could be a good moment for altcoins to start rising and get an altcoin season because the focus can change from Bitcoin to altcoins.

It's still early to say this, we still have half a month left before September, so we are not sure if this month could be bearish or bullish, even recently we made a new all-time high again.
But as you can see in the previous years, month of August is not really good with Bitcoin.

This one is a very scary chart, and you should be careful. Because we are seeing something that is historical, meaning that if this chart is true, then we are going to make money based on this chart and trade or invest accordingly.

However, it is also dangerous because we are seeing it be a risky thing , and we could lose money if this chart doesn't happen again. Look at August, on bull runs it went up on August, what if it doesn't happen now? What if it's different? We can't know, Or the halving year, last time in 2020 it was up on august, but in 2024, it was down. So as you can see this chart is risky, dangerous, and could make you lose money and you should be careful with what you are doing about this.

[promise444c5]

? We can't know, Or the halving year, last time in 2020 it was up on august, but in 2024, it was down. So as you can see this chart is risky, dangerous, and could make you lose money and you should be careful with what you are doing about this.

It’s averaged, could be bearish or bullish but it’s mostly bearish same for September.. Could be different this time anyways but here’s my take..
Normally the 116.5~116.8 was suppose to be our bottom for last week but after it broke it, it means there was no buying force at that moment so it headed straight for the demand zone which was at 110.7 ~113.7k.. now it pumped a little  but anything that takes us below 115k again could takes us just down again to the DZ and maybe even more for September if the pressure force it downward  below 110k then we could be talking about 106~99k(maybe more can’t say) for September ..So, we could just maintain the current DZ / pump to new ATHs or we could get more dips for more buys, doesn’t matter anyways just  more time to stack up more cheap sats , I could be wrong though (DYOR:)).

[Webetcoins]

Based on Bitcoin's performance over time, many people are looking for alternatives to existing investment systems. Despite Bitcoin's high volatility, it remains an excellent hedge today. We're excluding gold because the discussion focuses on Bitcoin's yield potential. I believe Bitcoin will continue to gain adoption among many groups due to its history of faster growth and greater promise.

Bitcoin experiences both downturns and upturns, which is normal, based on various events. However, what makes Bitcoin superior is its constant recovery, often seen in the four-year cycle that brings its price back to its all-time high. This advantage is unmatched by other assets, as historical data is available for some other assets that have ever existed but do not behave the same.

The up and down is a natural part of the market and we have to get used to that. It's not going to be something that is shocking, it's something that we need to get used to.

If we can do that, then we are going to end up with good results that won't shock anyone. I get that it may not be that big of a deal for the whales because they have a lot and they can wait for the down to pass and they can get a up, but that doesn't mean that we are going to end up with a higher price for the long term.

Focus on that part, and if you can then they are going to get a better return. If you really want to, then you could hold and ignore the volatility just like a whale, and you can have a great return just like they are making right now.

[khiholangkang]

? We can't know, Or the halving year, last time in 2020 it was up on august, but in 2024, it was down. So as you can see this chart is risky, dangerous, and could make you lose money and you should be careful with what you are doing about this.

It’s averaged, could be bearish or bullish but it’s mostly bearish same for September.. Could be different this time anyways but here’s my take..
Normally the 116.5~116.8 was suppose to be our bottom for last week but after it broke it, it means there was no buying force at that moment so it headed straight for the demand zone which was at 110.7 ~113.7k.. now it pumped a little  but anything that takes us below 115k again could takes us just down again to the DZ and maybe even more for September if the pressure force it downward  below 110k then we could be talking about 106~99k(maybe more can’t say) for September ..So, we could just maintain the current DZ / pump to new ATHs or we could get more dips for more buys, doesn’t matter anyways just  more time to stack up more cheap sats , I could be wrong though (DYOR:)).

What happened in the past and today is different in recognizing a bullish market. Graphically, each year is also different, but we will see a similar pattern because it can come sooner or later.

Support has been broken, and we are seeing how strong support is today at the $109-$112 price level because  this is also forming a barrier. If it moves sideways close to this number, it is likely to become the next strong support as well. However, it is also very uncertain at times. The bearish trend in the near term is still visible. We need fresh sentiment to see significant price developments, with demand influenced by better news as a bullish catalyst and/or prices breaking out of the near-term bearish trend.

Some people should add to their positions, as I also believe that the current decline won't last long. If there are those who haven't bought yet, it's best to try at this price, because if they wait for the price to drop below $100k, I think they'll face difficulties and their wait will be in vain.

[STT]

BTC traded below the peak pricing of the US election high moves which is some significance.   If I put on Fibonacci retracement levels for that larger range of price, how far does the current BTC pricing traverse that area before arresting the decline I wonder.
  When we falter on the current pricing and aspirations higher, its fair to fallback to old areas of prior volume.   Some will regret not buying back then and be willing to buy now even within a negative trend appearing, theres always a larger perspective and sideline waiting buyers.

 A really harsh pullback should be alot closer to 100k and it might be clearer to look on monthly bars as we did involve this area in the April negative sentiment and sell, so both occurrences are relevant now for old volume vs new and current BTC price action.