Bitcoin dropping again?

[HostSurf]

I'm not surprised at all for this to happen. Anyone could have seen this coming, this is just the way this market works.

With lows and highs, it hasn't been massively dropping, I would only get worried if I wouldn't believe that the price/value would go back up again.

[pereira4]

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

Yup, but I'm looking forward to buying at 350

Wrong move mate. If you sold and you are trying to short, I would advice to save losses since I don't see a single possibility of seeing 350 in 48 hours (now less hours since you posted this thread). We are already back to 440..

[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.

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.

Christmas is just 4 days away from now. I think it will be a very difficult task to reach $500 while there are just a few days left to Christmas. I am already happy if we can settle above $450 again.

[HarryKPeters]

Where is the new support level? Meaning how far do you guys think Bitcoin will drop?
Will it be 380/ 400 USD or something else?

My guess is we will go down as much as 380 USD

[Bitcoinbro]

Where is the new support level? Meaning how far do you guys think Bitcoin will drop?
Will it be 380/ 400 USD or something else?

My guess is we will go down as much as 380 USD

370 or even lower.
With a price increase support/ and resistance go up, when the price is in decline both levels go down.
Right now it seems we are going back down a lot

[HarryKPeters]

Where is the new support level? Meaning how far do you guys think Bitcoin will drop?
Will it be 380/ 400 USD or something else?

My guess is we will go down as much as 380 USD

370 or even lower.
With a price increase support/ and resistance go up, when the price is in decline both levels go down.
Right now it seems we are going back down a lot

370 USD is an option yes. But I don't think it will go much lower. In a way I hope it so i can buy back way cheaper, but seeing the last couple of weeks the price is strong and so is support.
It's like people don't want to see it go much lower and are willing to fight for it, by buying.

[Newcoins2020]

New support will be determined within the news 3 days. From there it's the market will change it's course.

Either we go ahead with the pump, or the price will find a new support (somewhere above 350ish).
Since i cashed some (40%) i still anticipate a price near the 500 dollar, but I could be wrong..

[harizen]

Some of the stated speculations all has "hugot" in our local word or should I say root. Don't based and compare the price dip today in the dip that happened last $500 rally. It's really different. For the momentum it builds in the past weeks, I really don't see below $350. Well it's up to you. Go short or go long up to you to decide.

[greBit]

Some of the stated speculations all has "hugot" in our local word or should I say root. Don't based and compare the price dip today in the dip that happened last $500 rally. It's really different. For the momentum it builds in the past weeks, I really don't see below $350. Well it's up to you. Go short or go long up to you to decide.

Well a smart Bitcoin user who know about the current market situation will try to get maximum benefit when the value reaches its peak then the user will sell the Bitcoin because we all know there are great chances of price again dropping down may be during second quarter of 2016 for sometime and we can buy BTC that time at lesser price

[fravia]

it dropped just a little bit to 420 dollar per bitcoin and now it is back to 440 dollars i dont think that was a very big drop its impossible for the price to be very stable as it is fluctuating all the time i guess we shouldnt be worried too much about it and wait for increases

[Supercrypt]

it dropped just a little bit to 420 dollar per bitcoin and now it is back to 440 dollars i dont think that was a very big drop its impossible for the price to be very stable as it is fluctuating all the time i guess we shouldnt be worried too much about it and wait for increases

Yes, always moving forward is not at all possible for any commodity. I believe there must be big resistance in zone around $470 price levels. That is the reason, price is going back to get more power to break the resistance levels.

[crairezx20]

Badluck theprice going down and i think it will continuesly decreasing. I wait for a little rise even 450 before i sell it after rise a little bit..

[harizen]

Badluck theprice going down and i think it will continuesly decreasing. I wait for a little rise even 450 before i sell it after rise a little bit..

What's the bad luck there? It's just fine and normal no worries. See the resistance? It's tree shaking. Bears dominating in the last 24h monitoring but look how green enters and enters again to bring up the dip.

[Amph]

it dropped just a little bit to 420 dollar per bitcoin and now it is back to 440 dollars i dont think that was a very big drop its impossible for the price to be very stable as it is fluctuating all the time i guess we shouldnt be worried too much about it and wait for increases

in fact it is not, this is not a drop, this is the definition of price correction, it went up too fast and now it's stabilizing at the correct value, between supply and demand

[gkv9]

Badluck theprice going down and i think it will continuesly decreasing. I wait for a little rise even 450 before i sell it after rise a little bit..

Is it just the greens for which we are all here???
Why bother so much if the price decreased???
It's Christmas coming and so people might need some fiat, so they might be exchanging their BTC, let Xmas go and everything will be back to normal, wait for few days, watch the charts and don't sell in panic...

[bitbollo]

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

at this moment wrong prediction, is stable around 437 usd.
I know it's really difficult take the right time for the right decision... only for the extra short movement you can find the right track.

[Moneyburner]

Price will likely not fall below 400 for awhile. I think enough people think it will be above $500 soon that no everyone will buy in around $400 to bump it back up.

I'm really excited to see what happens at the $500 mark

[orryde]

Price will likely not fall below 400 for awhile. I think enough people think it will be above $500 soon that no everyone will buy in around $400 to bump it back up.

I'm really excited to see what happens at the $500 mark

We probably will have a crash before the halving, after which the price will shoot back up.

[mirana12345]

So bitcoin was stable at around 230-240 for a relatively long time, and now when it dips a bit, you're already calling for a "crash" ?
It takes time for price to stabilize, and find optimal value, but it's not that far from where it is now. I'm guessing by weekend it will balance out, and then move forward once more.
Jan 2016 , 750 $ is what i hope for.

[omahapoker]

We probably will have a crash before the halving, after which the price will shoot back up.

Why will it crash? There is no reason to...