When to expect the next big drop in BTC?

[deisik]

It just depends on the moods of the large players. If they are willing to push the price further than just reaching the $1000 level, then we can expect them to support the price all the way to flat $900's as that will give people a space of around $100 to cash out and dump their coins. If they don't want to support the price, which would cost them a decent amount of buying power, then we shouldn't be surprised to fall back to $800 prices, and perhaps back to $700 prices. Don't forget that for us small traders it's easy to dump like 10% at once without it doing any harm to the markets. But when large players sell thousands of coins at once, it leaves a serious scar on the market. But then again, this is just wild speculation...

If it does happen that these big players dump their loads of bitcoins then let's all be ready to sell too. Then when it drops at around $600 - $700, we should sell everything and buy bitcoins. For sure, that will make it shoot up again back to where it dropped from. That would make us profit too, if the prices does drop so much from where it is.

If you think that when the price drops to around $600 and you can safely buy it there to sell at where it is now, then more power to you. Personally, I'm more inclined to think that if price starts to crash that low, there should be very serious reasons for that, and catching falling knives may not be the very best idea in this case. In short, you'd better not mess with the whales...

Just go with the trend, and you will be proved right more often than wrong

Seeing the price of $600 wont be big deal if the selling pressure arrives but i dont think that we will see this price so soon next year after feb only we can see it as mostly it happens due to China going to Christmas so that time the market can crash as it happens also in the Equity market also

China going to Christmas? What did I miss exactly?

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[ArdiPrabowo]

This is kind of an endless discussion, but i am a bit bored today so....
I would love to invest some more in Bitcoin, but is know the best time? We know that Bitcoin is this big roller coaster that goes up and down all the time. right know it is on a huge up and my question is when can we expect the price to plummet again? I kind of feel like many will sell in Jan 2017 and we see a crash then. But how low will the price go? $600 or even $500? What do you think?

if you buy in end year your must short time trade, buy and profit sell again
because ussualy in end year until early year bitcoin price down trend

[mr.bitcoinerf11]

try mange your money and increase it in a website

[Dahhi]

Bitcoin usually experiences significant price drops in the first quarter of the year so if you are waiting to buy, wait till Jan-Apr 2017.

[carlisle1]

we can not predict when will the price drops again and what will be the possible price, if we will look at the current price of bitcoin we can say that it is impossible for the bitcoins' price to drop . let's just hope that many people will keep on investing with bitcoin and those whales will never dump bitcoin at the beginning of the year .

[Money Maker Shaker]

stop expecting "big" drops, they will never happen.

and instead what happens is you waiting a long wait while wasting good opportunities to buy bitcoin while it is still cheap.

[unknown04]

I don't expect a huge drop... a small drop might happen. Why do you even expect a huge drop, you can buy at this price and still earn money when it goes higher.. sell before a small drop and buy again ?

I dont understand why people kept hoping for a huge drop. It does no good. If you want to earn more, buy now and wait till it goes higher. Be positive guys....

[aesma]

Well I guess many here were wrong.

[unknown04]

Well I guess many here were wrong.

no, this is an old post, many were right cuz it went up $1k on January...

Don't bring up with current situation.

[Kasplant]

Well its right now already dropping to a low amount compared with what it was but it will change soon or later and go up again, the market is existing of risings and crashes.

[noormcs5]

Bitcoin usually experiences significant price drops in the first quarter of the year so if you are waiting to buy, wait till Jan-Apr 2017.

But this time it wont drop much. Times have changed now and Bitcoin has been becoming a major currency of the world day by day, month by month. So dont expect much decrease in price this year.

[1Referee]

But this time it wont drop much. Times have changed now and Bitcoin has been becoming a major currency of the world day by day, month by month. So dont expect much decrease in price this year.

Bitcoin as a whole may have grown in recent years, but the level of manipulation is still the same. Just look at how easy the price went up to $1100 where the smarter people here were expecting a massive dump to happen, while all the noobs here though the price would go up even further. You know why the smarter people here have been expecting a massive dump? Because it's no coincidence anymore that everytime the price goes up quite a bit, something pops up causing the price to tank again. It's manipulation from the highest levels. It's so obvious, that if you play it right as a trader, that you can gain massive profits in a very short time. That's the difference here.

[deisik]

But this time it wont drop much. Times have changed now and Bitcoin has been becoming a major currency of the world day by day, month by month. So dont expect much decrease in price this year.

Bitcoin as a whole may have grown in recent years, but the level of manipulation is still the same. Just look at how easy the price went up to $1100 where the smarter people here were expecting a massive dump to happen, while all the noobs here though the price would go up even further. You know why the smarter people here have been expecting a massive dump? Because it's no coincidence anymore that everytime the price goes up quite a bit, something pops up causing the price to tank again. It's manipulation from the highest levels. It's so obvious, that if you play it right as a trader, that you can gain massive profits in a very short time. That's the difference here.

In fact, the smarter people here (at least, so they were presenting themselves) had been expecting the dump at first at around 800 dollars per coin when Bitcoin just started to climb, then it was 900 when Bitcoin didn't even stop at 800 (though they were less vocal after it hadn't crashed), which later became 1,000 dollars. Some even tried to outsmart the market by going short at that price tag only to lose massive amounts of money at the end of the day. Or were they really noobs, all these guys expecting a dump at every round number?

Or, rather, not particularly different from the noobs you refer to

[aardvark15]

It's hard to guess on another drop after the correction we just had. I would not be surprised if the price dropped some more but it could hold here for a while as well.

[kryptqnick]

I thought the price could hit something like $400 but then I found out some more information and now I think that bitcoin won't cost less than $650. But not is not a good time to buy btc anyway, because the price is like $820. You have to wait carefully for another two weeks and if the price starts growing - do your investments in two days or so. If the price is stable then you can wait more. If it starts dropping then wait till it starts growing again. Good luck!

[boyshx]

It's holding better than I though, when it broke the 780s I got to think it was going under 700s but it didn't

[ipanks]

i think the next drop will be happen if the bitcoin increase over than $1300 but the price will need to be increase first. we need to wait a little longer to see and expecting the increase of the price. i think $8xx is a good idea to make a stock so we won't missed to sold when the price is increase.

[MFahad]

But this time it wont drop much. Times have changed now and Bitcoin has been becoming a major currency of the world day by day, month by month. So dont expect much decrease in price this year.

Bitcoin as a whole may have grown in recent years, but the level of manipulation is still the same. Just look at how easy the price went up to $1100 where the smarter people here were expecting a massive dump to happen, while all the noobs here though the price would go up even further. You know why the smarter people here have been expecting a massive dump? Because it's no coincidence anymore that everytime the price goes up quite a bit, something pops up causing the price to tank again. It's manipulation from the highest levels. It's so obvious, that if you play it right as a trader, that you can gain massive profits in a very short time. That's the difference here.

Yeah that is where the trading skills come into play. Only the experience traders know when to buy and when to sell at the best possible price.
Also as many people china being indirectly affecting the bitcoin price and gaining the highest possible profit in terms of trading at the moment.

[lumeire]

It's holding better than I though, when it broke the 780s I got to think it was going under 700s but it didn't

Me too, honestly I didn't expect it to rebound back past $800 so fast. I getting my funds ready for a buy-back into the market again.

[maku]

It's holding better than I though, when it broke the 780s I got to think it was going under 700s but it didn't

Me too, honestly I didn't expect it to rebound back past $800 so fast. I getting my funds ready for a buy-back into the market again.

It is because nothing groundbreaking really happened. Dump was caused by FUD that China will ban bitcoin completely and maybe even confiscate BTC being kept by exchanges
As always bad news travel fast and hit hard, when traders noticed that they decided to hold their positions.