Bitcoin dropping again?

[LarryHocks]

I don't think bitcoin will drop all the way down to $350, I think the lowest it will drop is $400. Even if it does drop to $350, I'm not too worried about it.
I believe it will bounce back up soon after this drop.

[Supercrypt]

I thinks its just a trap. Bitcoin price will pick up soon enough. I do not believe it will go back down to less than 400. I will hold my coins til it reaches 500.

Drops don't depicts or is a symbol of bitcoins poor performance. Its just a phase of hard time for btc and surely will get recess from it soon . I gonna hold my btc in hope that once again it will awestruck its users by its awesome service that they were providing previously.

[~Bitcoin~]

I don't think bitcoin will go beyond 400$ for next few weeks. As this point has already been tested by several dump happened this month. It seems to be the resistant point for this year.
Don't wait for 350 buy at 400 if it happened again.

[NorrisK]

I would love for it to dip to 350 next week. Salary is coming in a d I would rather buy a full bitcoin than 0.75 for the same price.

Guess we are witnessing the fluctuating days of bitcoin once again. Price swings of 5-10% in both directions multiple times a week. Might be a good opportunity to start day trading.

[harizen]

The price went down to 430 in a matter of hours. Continues to go down.
I predict that in the next 48 hours the price of 1btc will be 350USD

No it won't happen if we will based with the current price movement and monitoring in the last 24-48 hours. How come you speculate that much just because the price dip to around 430. Learn to read the charts so you can't just make any speculation like that.

I will give you one reason why it won't become a sudden drop, buyers set their target around below 430 so many executes buy that bring the price up slowly. If they will just wait to their target @ 350 then goodluck at waiting. Even the price dips to 420 or so on you will noticed a large numbers of pumpers around this range so say goodbye (for now) for below 400 range.

[Raimonn]

Its normal small movements on prices, traders are working on it. Bitcoin increased its value in few weeks, and some traders take out its earnings, but others will join. I don't see loosing the 400$ mark.

[orryde]

Seems to be recovering.

[Denker]

Welcome to the volatility of the current day bitcoin. You've been around long enough to know this is pretty normal OP

Right!
And it always offers the opportunity to do the right thing. If you're in for long this could be a great moment to buy a bit more of BTC.
I don't see any reason why somebody should start to panic or to be worried now, unless he bought at 450 and wanted to make a quick buck to add 1 or 2 more christmas presents for his girl. lol

[harizen]

Seems to be recovering.

Another story if it will dip again right?

We can't really conclude a right or should I say a close one speculation if it will going down to a certain price like the $350 you said. You forgot the resistance it builds in the past weeks before reaching the current range. This is just a start of the week and let's see what will happen.

[kpitti]

I do not call it drop. Volatility of Bitcoin is common to everyone who take care of price.
There was a good opportunity to buy more and now just wait for good moment to sell 

[randy8777]

The price went down to 430 in a matter of hours. Continues to go down.
I predict that in the next 48 hours the price of 1btc will be 350USD

i think the dump is over and we can look forward again. not sure what caused this dump, but i never had the feeling it would go sub $400.

[harizen]

I do not call it drop. Volatility of Bitcoin is common to everyone who take care of price.
There was a good opportunity to buy more and now just wait for good moment to sell 

That is called a price dip. Even price goes dip I don't think it will reached below $400 rank as it really established good resistance around this range and we can see the output of it by looking at the weekly chart.

[Ceizer54]

The price went down to 430 in a matter of hours. Continues to go down.
I predict that in the next 48 hours the price of 1btc will be 350USD

Well i don't think so,My prediction is it will Cross 500$ in matter of days..I can not guess any possible reason why it will fall,when majority of people are now supporting and investing in bitcoins

[harizen]

The price went down to 430 in a matter of hours. Continues to go down.
I predict that in the next 48 hours the price of 1btc will be 350USD

when majority of people are now supporting and investing in bitcoins

Yes actually even the last 460 above range many bulls performed buys which leads to much support around that range. And earliers lots of bitcoins are bought that get up the price again at this range. It's just that yesterday bears won the match but look no much price dip and now just a tree shaking in price,.

[jt byte]

The price went down to 430 in a matter of hours. Continues to go down.
I predict that in the next 48 hours the price of 1btc will be 350USD

I doubt that it will happen, bitcoin won't just go down that fast maybe it will but not that fast.
We can see that bitcoin is now kinda going up not really. But is just around 436 dollars so that is just oke for now. We will see what will happen tomorrow.

[LuckyYOU]

The price went down to 430 in a matter of hours. Continues to go down.
I predict that in the next 48 hours the price of 1btc will be 350USD

I doubt that it will happen, bitcoin won't just go down that fast maybe it will but not that fast.
We can see that bitcoin is now kinda going up not really. But is just around 436 dollars so that is just oke for now. We will see what will happen tomorrow.

I don't think this will happen either. I think bitcoin will be ok as long as it will stay around $400
I don't mind it either that it drops a bit. It gives other people a chance to buy at a not too high of a price.

[Altynbekova]

Good luck predicting that it goes to 350 dollars I just don't see that happening.
What I can tell you the lowest where it can go is 390 dollars. We just need some hope and wait what will happen in 48 hours.

[vendetahome]

well yeah bitcoin price is dropping right now and i think that its a bad thing that people start dumping it i dont know if i should sell it or not as i am afraid that the price might grow again after some time

[richardsNY]

If the price goes to $350, then I will definitely buy 1 or 2 Bitcoins. I only think it won't happen as anything under $400 is too cheap at this point. I don't even think wealthy traders are in the mood of dumping it under $400. That level will have a strong support.

[Digital_Lord]

If the price goes to $350, then I will definitely buy 1 or 2 Bitcoins. I only think it won't happen as anything under $400 is too cheap at this point. I don't even think wealthy traders are in the mood of dumping it under $400. That level will have a strong support.

Agree, below 400$ seems hard this month, we can see bitcoin above 500$ on xmas and before new year, this price drop may be final price correction before big pump.