A big old correction going on...

[shinratensei_]

Some buyback occuring right now.  we went into the 2200 range but back into the 2500s as I type. Always some relief, I like the decrease a bit to buy at a cheaper price but always exhale once that rise begins again!

bitcoin is in fact giving opportunities to people to invest money in bitcoin at low price , because the price is now start increasing and hope that it is not coming back from that price and hope that it will continue increasing because still there is a lot of potential in the price of bitcoin.

I believe this day will be coming to be real. I'd bought cheap bitcoin yesterday and in some hours later and I got a decent profit. What a good sign for me!! Those are selling on the bottom must try to think for a twice before playing the game in this time.
That's just a correction, Just give a low price for those were not panic to jump in. Thanks for the weak hand. 

[ardentvolcanoes]

Some buyback occuring right now.  we went into the 2200 range but back into the 2500s as I type. Always some relief, I like the decrease a bit to buy at a cheaper price but always exhale once that rise begins again!

bitcoin is in fact giving opportunities to people to invest money in bitcoin at low price , because the price is now start increasing and hope that it is not coming back from that price and hope that it will continue increasing because still there is a lot of potential in the price of bitcoin.

I believe this day will be coming to be real. I'd bought cheap bitcoin yesterday and in some hours later and I got a decent profit. What a good sign for me!! Those are selling on the bottom must try to think for a twice before playing the game in this time.
That's just a correction, Just give a low price for those were not panic to jump in. Thanks for the weak hand. 

same scenario and the winner is the bag holders every newcomers and new traders needs to practice and understand those things that affects the issue
as we all knew that bitcoin will rise up no matter what unless big impacting issue happen but for me buy low and sell high works inside bitcoin investment
good job to you mate for keeping your portfolio wider.

[dimatu]

Some buyback occuring right now.  we went into the 2200 range but back into the 2500s as I type. Always some relief, I like the decrease a bit to buy at a cheaper price but always exhale once that rise begins again!

bitcoin is in fact giving opportunities to people to invest money in bitcoin at low price , because the price is now start increasing and hope that it is not coming back from that price and hope that it will continue increasing because still there is a lot of potential in the price of bitcoin.

I believe this day will be coming to be real. I'd bought cheap bitcoin yesterday and in some hours later and I got a decent profit. What a good sign for me!! Those are selling on the bottom must try to think for a twice before playing the game in this time.
That's just a correction, Just give a low price for those were not panic to jump in. Thanks for the weak hand. 

same scenario and the winner is the bag holders every newcomers and new traders needs to practice and understand those things that affects the issue
as we all knew that bitcoin will rise up no matter what unless big impacting issue happen but for me buy low and sell high works inside bitcoin investment
good job to you mate for keeping your portfolio wider.

That's why I'm a bagholder virtually for life, I know I will always win out. When the price dips its just opportunity to gather a few extra coins to HODL for the long term. It will be years before I even consider divesting.

[JL421]

It will surely stop and the sad part is this was not a bitcoin drop but was ether drop after rumours started circulating the co founder had died so few big investors decided this is perfect profit and sold their ether. But the part they did wrong was convert to btc and then to fiat which led to fall in price of btc also

[Pearls Before Swine]

Looks like its crashing. 

What?  We freaking dipped to just about $2300, and that's not bad by any yardstick you use.  Keep things in perspective; we were below $1000 not too many months ago, so these type of corrections are natural and needed.  Nothing for all you girls to get upset about.  There's going to be more of this, so strap in and get a helmet if it makes you feel better.

[xypos]

Just saying...

Where will it stop?

Bitcoin is up 2% or so from the past 24 hours.

I think that it is probably going to adjust further down before bouncing up. Just my gut feeling right now. The price has not rebounded as furiously as the last few price rebounds, suggesting that there might be further dumps ahead.

Though if you interested in making a quick profit, then buying when the dump does happen would probably be a good idea.

It seems like $2500 is the natural resting place for bitcoin though, and price is always correcting towards this price point. But each time, it'll over correct before adjusting back just like a pendulum.

[TravelMug]

Looks like its crashing. 

What?  We freaking dipped to just about $2300, and that's not bad by any yardstick you use.  Keep things in perspective; we were below $1000 not too many months ago, so these type of corrections are natural and needed.  Nothing for all you girls to get upset about.  There's going to be more of this, so strap in and get a helmet if it makes you feel better.

The price is up now at $2500. I think the crash or dip is already done. Again, its another short live dip. Investors saw the opportunity to buy bitcoin again that's why the price has recovered. I  think we have seen this already once in May and twice already in June. So for those who didn't panic, I guess you are happy to see the price has rebound already.

[rhyso]

Yep I think we found our bottom...

[buwaytress]

I sold a small amount today, 0.1 BTC, when I'd planned to do it yesterday. Real life needs, what can we do, huh? The 24-hour wait seems to have been worth it as I got about $25 more today than I would have yesterday. Big old correction may not be over so quickly, but there's a lot of life left at this mid $2,500 stage.

[BTCLovingDude]

it seems like market loves $2500+ price so much better than anything else. and it is a pretty nice middle ground price too. it is exactly in the 50% way up to $3000 and has a lot of room to go down in case some whale decided it is time for FUD in a couple of weeks.

[TrumpD]

A major correction? I doubt that is what this is. The price has always been up and down. Off course, no one knows the future, and predictions based on past performance are often wrong. But the amounts involved now makes losses feel enormous, as bitcoin is valued in the thousands now. The percentages are still the same as when it was valued between $250 and $400. In the future when the price is is around  $20/25k, thousands will be wiped off in few hours due to "corrections".

[deisik]

Looks like its crashing. 

What?  We freaking dipped to just about $2300, and that's not bad by any yardstick you use.  Keep things in perspective; we were below $1000 not too many months ago, so these type of corrections are natural and needed.  Nothing for all you girls to get upset about.  There's going to be more of this, so strap in and get a helmet if it makes you feel better.

The price is up now at $2500. I think the crash or dip is already done. Again, its another short live dip. Investors saw the opportunity to buy bitcoin again that's why the price has recovered. I  think we have seen this already once in May and twice already in June. So for those who didn't panic, I guess you are happy to see the price has rebound already

I wouldn't be so sure of that

Predictions are futile, but it seems that Bitcoin will have to break through plenty of resistance if it decides to go over 2,500 dollars (I look at Bitfinex prices, just in case), and still more so if it goes over 2,700 dollars per coin. That figure seems like today's Bitcoin limit (given the circumstances). On the other hand, there's plenty of room to go down. There would be some support at and around 2,000 dollars, but I don't think that it will last for long if Bitcoin is going to crash for real (so far we haven't yet experienced such a crash)

[hubballi]

I think the recent correct was around 400$ and it took suppor near 2300+ range and now it is back to #2600+ price and if the wave continues then tomorrow we can see the price of bitcoin going above 2700+ right now and if the movement support more then surely within 48 hrs we will see the bitcoin price moving above 3000+ price range with full support.

[Sludjo]

If the past is any guide, I think bitcoin will drop for a third consecutive consolidation within the next few days, probably bottoming out around 2000-2100 range before starting another gradual summertime climb.  Trading in the 2400-2500 range is lala land to get NOOBs to buy in.  ; )  Happy trading all!

[lumeire]

it seems like market loves $2500+ price so much better than anything else. and it is a pretty nice middle ground price too. it is exactly in the 50% way up to $3000 and has a lot of room to go down in case some whale decided it is time for FUD in a couple of weeks.

Let's see how long $2500 can hold up. It looks to me once this level is broken it may go down easily at the $2000s again.

[susila_bai]

it seems like market loves $2500+ price so much better than anything else. and it is a pretty nice middle ground price too. it is exactly in the 50% way up to $3000 and has a lot of room to go down in case some whale decided it is time for FUD in a couple of weeks.

Let's see how long $2500 can hold up. It looks to me once this level is broken it may go down easily at the $2000s again.

Recently it broked and went down till $2300 range and then now it bounce back to $2600 range but still it is not able to cross it above that and if it roam around this price for next some days then i think we can see the price moving above $3000 price.

[Quadast]

I think the recent correct was around 400$ and it took suppor near 2300+ range and now it is back to #2600+ price and if the wave continues then tomorrow we can see the price of bitcoin going above 2700+ right now and if the movement support more then surely within 48 hrs we will see the bitcoin price moving above 3000+ price range with full support.

It seems to me that you depend on Bitcoin on the users themselves, because we know that the market reacts to supply and demand. Only in these variants we can see a good correction of the price for Bitcoin.

[Gotottack]

Just saying...

Where will it stop?

It just did, I don't think it will go down any further. This is the quiet before the storm that usually happens in the bitcoin prices. You can check out the historical data of bitcoin prices. There is always a point that it goes up pretty quick and drops by 20% then this is the quiet before the storm I was talking about. Currently, it is stabilizing at 2400-2600 levels and it could go up in the next few weeks again.

[Denker]

it seems like market loves $2500+ price so much better than anything else. and it is a pretty nice middle ground price too. it is exactly in the 50% way up to $3000 and has a lot of room to go down in case some whale decided it is time for FUD in a couple of weeks.

In a couple of weeks SegWit will be locked and activated shortly after.
So IF there should be more FUD to come, it has to come NOW!
Anything else makes no sense and won't have any major negative effect on the price.
Next time we will see FUD is when it is about the 2x hardfork attempt ( what is 8MB! by the way) by Shilbert Group and Jihan!

[lionheart78]

it seems like market loves $2500+ price so much better than anything else. and it is a pretty nice middle ground price too. it is exactly in the 50% way up to $3000 and has a lot of room to go down in case some whale decided it is time for FUD in a couple of weeks.

Yeah I had observed that too.  It seems BTC loves being around $2500.  It is been in that range for sometime now.   And I also agree  that if whales decided to FUD (which I think they already in the process of FUD'ing Bitcoin market)  the price has a lot of room to go down but lucky there is a counter FUD this coming July which is the recognition of Australia to bitcoin as money.  This event can possibly have a nullifying effect to FUD that is being spread recently to the bitcoin market.