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Author Topic: When will it fall?  (Read 7061 times)
BitDane
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October 12, 2017, 02:16:13 PM
 #241

I think the current situation already tells that we are going in an uptrend before the fork.  I also believe that Bitcoin price keep on increasing until the last day of fork because speculative investor think that they will get a good profit from the minor chain once the fork is done.  This is, I think, the main reason why Bitcoin has suddenly an fast increase in price this two days.
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October 12, 2017, 02:37:38 PM
 #242

The trend for Bitcoin is that more growth would be coming but there will be small corrections along the way...not really as in falling but some little retreat in value and you can take advantage of those if you are planning to buy Bitcoin. In case you want to sell then make sure that it reached a better height before letting go.

Unfortunately, ordinary guys like us can find it hard to predict when will the dip happen. Remember that Bitcoin is one of the most unpredictable animals there is in the whole investment world. All you have to do is to continually watch and maybe even try to know how to read charts and listen/read many analysis.

With the current pricing at $5200, a significant growth after its been down to $3000. I don't see any possible dip, although Segwit2x is still to come. The dips or falling in pricing is hard to determine but we can see clues from the news circulating, speculation from hodlers and historical data.

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October 12, 2017, 02:52:02 PM
 #243

I think the current situation already tells that we are going in an uptrend before the fork.  I also believe that Bitcoin price keep on increasing until the last day of fork because speculative investor think that they will get a good profit from the minor chain once the fork is done.  This is, I think, the main reason why Bitcoin has suddenly an fast increase in price this two days.
No, we do not have to wait until the fork comes to be able to see the price fall. yeah for now the price is rising but bitcoin prices can go down because in my opinion we are new just above the level of $ 5000.

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October 12, 2017, 08:36:39 PM
 #244

I think the current situation already tells that we are going in an uptrend before the fork.  I also believe that Bitcoin price keep on increasing until the last day of fork because speculative investor think that they will get a good profit from the minor chain once the fork is done.  This is, I think, the main reason why Bitcoin has suddenly an fast increase in price this two days.
No, we do not have to wait until the fork comes to be able to see the price fall. yeah for now the price is rising but bitcoin prices can go down because in my opinion we are new just above the level of $ 5000.
The price of Bitcoin has continue the bullish trend and breakout $5,400 but I also have thought like you, the price of Bitcoin still needs to confirm its value at least in one day. I think current value of Bitcoin just by the fearing of missing out created on the market.

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crazylikeafox
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October 12, 2017, 08:58:53 PM
 #245

I think the current situation already tells that we are going in an uptrend before the fork.  I also believe that Bitcoin price keep on increasing until the last day of fork because speculative investor think that they will get a good profit from the minor chain once the fork is done.  This is, I think, the main reason why Bitcoin has suddenly an fast increase in price this two days.
No, we do not have to wait until the fork comes to be able to see the price fall. yeah for now the price is rising but bitcoin prices can go down because in my opinion we are new just above the level of $ 5000.

Probably we are going to hit $6k dollars next week and then we might fall from their buy orders are good as of now.
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October 12, 2017, 11:33:24 PM
 #246

The trend for Bitcoin is that more growth would be coming but there will be small corrections along the way...not really as in falling but some little retreat in value and you can take advantage of those if you are planning to buy Bitcoin. In case you want to sell then make sure that it reached a better height before letting go.

Unfortunately, ordinary guys like us can find it hard to predict when will the dip happen. Remember that Bitcoin is one of the most unpredictable animals there is in the whole investment world. All you have to do is to continually watch and maybe even try to know how to read charts and listen/read many analysis.

I agree. No one can really predict what will happen as Bitcoin has one of the very volatile prices in the economy. But I think, it maybs not now but someday in the future, Bitcoin will have a big fall on price. This is probably when the price ceiling will hit then it can no longer go uo its price anymore which will make many investors sell their Bitcoins. And when they sell, then demand and price will drop.

However, this is also an opportunity for others and buy now at a very low price. In this way, taking it as an opportunity and buying Bitcoins at its time of low value, will help it recover and be back at a high price.
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