Bitcoin will rise up or fall down?

[sapnu]

What do you think? China banned BTC? And btc price goes to 4,069$ today
You think to sell or it can rise up again, some rumors said that btc will fall down to 2000$

It resulted to hard dump. China is one of the biggest investors of cryptocurrency, losing it made all coins in the market down. All of its market value decreased , a day after what happened. But gladly, it is now starting to rise, slowly but that's a good sign. It shows that Bitcoin will also rise without China. Hoping that this will be continuous. The only thing that we can do is to hold and patiently wait.

[gilangIDR]

Rise up up

I think it will rise up and we all know that the price of bitcoin is volatile. In addition to that, there are lot of reason why the price of bitcoin was goes up and goes down. The fluctuation of supply and demand is also reason why the price is always change. Lastly,  it would rise up again.

Bitcoin prices are full of fluctuations. Every day we will get a significant change. Without a change it can not be called bitcoin. Bitcoin is an investment by capitalizing on rapid price changes.

[A1exander]

I think the long-term trend remains upward. Bitcoin is volatile, although it seems to become less volatile than before. Therefore, short-term predictions are almost impossible. Will it temporarily fall down to $3000 again? Maybe. Will it rise above $5000 until the end of the year? That's entirely possible.

[mrjoy15]

Rise up up

I think it will rise up and we all know that the price of bitcoin is volatile. In addition to that, there are lot of reason why the price of bitcoin was goes up and goes down. The fluctuation of supply and demand is also reason why the price is always change. Lastly,  it would rise up again.

Bitcoin prices are full of fluctuations. Every day we will get a significant change. Without a change it can not be called bitcoin. Bitcoin is an investment by capitalizing on rapid price changes.

Absolutely, you're right! Actually, This is why love to connect with this platform. There dips are needed. As we can't expect only upwardtrend. Real teaders always love this tread, because of chance to get in cheap.

[rasmadisulaiman]

China does ban bitcoin, and it affects bitcoin. I hope the bitcoin will again decrease in value and I hope the bitcoin will be stable. I'm optimistic bitcoin will slowly rise again.

[bajing]

However, China has ability to atleast affect bitcoin value. Because bitcoin in circulation now, mostly reside in China. But, now bitcoin is so very popular that means rumors about falling bitcoin to $2K, seems very far away to happen. Attenuation bitcoin in only a few cents.

No, in the reality is not like that. China only take 10-20% of the total bitcoin trade around the world, probably the situation is only used by whale traders for make bitcoin holder panic like you can see now the price already up again even though china still shut down off other exchanger.

[johnarce]

We can never tell. Bitcoin always bounce but i hope it'll rise up 

[AlienSeeker]

Bitcoin's price after the recent dump which is because of China's rumors are now rising up again. From $3763 earlier this day, it now reached $4015, I am hoping for it to grow higher. I do believe that it will rise more.

[TheBTCAlex]

Neither. I believe that it has found a steady market support around the 3800$-4000$ range and will continue to remain in that support area for sometime. Then, I think it will gradually rise after all this China hype will have settled down, and things will be back to normal, however, it will increase at a much slower rate than it was doing before, as the biggest player in the BTC market has stepped down in quite a few areas, so BTC will see a decrease in adoption, but for a temporary amount of time.

However, it will probably take time ...say till the end of this year, to go upto around ~4400$. The increase in price will be more gradual and slow after it recovers, that's it.

[bambarmia]

There are some rumors that China will ban trading with crypto currencies by the and of September.   They will shut down all Chinese crypto exchanges and block the access to foreign ones. Also Russia is planing to issue some regulations for crypto trading this year. In USA  SEC is also planning some actions against crypto.

  https://www.theverge.com/2017/9/18/16326078/chinese-regulators-ban-cryptocurrency-platforms-bitcoin

  https://www.theverge.com/2017/7/27/16046978/sec-ethereum-cryptocurrency-dao-ico-bitcoin-blockchain

  https://www.coindesk.com/russias-central-bank-issues-warning-cryptocurrencies-icos/

[Baby Dragon]

Rise up up

It will really rise up and it will recover to its real price and I hope the price of bitcoin will rapidly increase in the near future because it can be the reason to gain much income. In addition to that, I believe that it will rise up again and never will fall down and I hope it would happen.

[FrozenByte]

Even though China banned Bitcoin, there are still plenty of other people that are interested in Bitcoin so I don't think it will go down.

[greeklogos]

First of all, China didn't ban bitcoin. The second thing is that I don't know why you are posting such information on the forum with making other people to panic when the information is not correct and not proved yet.
Normally the price for bitcoin is going to raise. There is no doubt in it.

[lokpalnaik]

Bitcoin prices will definitely will rise up  and it wont fall to the level of 2000 USD as you are thinking, All cryptocurrency markets are volatile as we are knowing and it will definitely have short term ups and downs.   And some rumours also will shake the market little bit. So lets be confident about Bitcoin, as it will be gold mine in coming days.

[pucunghul]

What do you think? China banned BTC? And btc price goes to 4,069$ today
You think to sell or it can rise up again, some rumors said that btc will fall down to 2000$

it looks like bitcoin gets up, and now there is an increase for some crypto including bitcoin.
bitcoin has always been excellent despite the gossip and rumors that destroy it. but bitcoins persist over time. and now bitcoin has climbed back around 4000$

[Adbitco]

It went down only to rise up. All the China FUD is going to die down and the effect of it is going to be negligible which actually can even be seen already now and bitcoin will certainly rise up in few weeks if not days.

[hangar18]

However, China has ability to atleast affect bitcoin value. Because bitcoin in circulation now, mostly reside in China. But, now bitcoin is so very popular that means rumors about falling bitcoin to $2K, seems very far away to happen. Attenuation bitcoin in only a few cents.

It has not only affected the prices, it has totally changed the game. China has an important role in this down fall and it has been doing such stunts in the past also. However, we all know what is going to happen next. Soon this dip will be over and a huge increase in the value is waiting for us all.

Haha but I like that, if China does not bans ICO and some crypto exchanges, you never have chance to see the price of Bitcoin falls down to $2,9xx after pumped to highest price. Therefore, you should take advantage this opportunity for buy a lot of coins before its value increases again.

[ophyrim]

Even some price oscillations like $5000 to $3000 because of rumors to buy cheaper bitcoin, the main trend is up. Today was the recovery day and the price is just $4000 at the moment. The volatility is high but this is the nature of this market. This is why we are here. If you want 99.9% safe investment instrument you should go to the bank. This market is not for you.

[gabmen]

It usually does both. Price of bitcoin is intermittent though compared to other altcoins it's pretty steady but still its still volatile. A lot of factors making it go up and down.

[megynacuna]

It usually does both. Price of bitcoin is intermittent though compared to other altcoins it's pretty steady but still its still volatile. A lot of factors making it go up and down.

For now I can only say it is rising , there's no turning back as I observe the speed with which it climbed 4100$. It's marvelous and I hope by the end of the week we will be approaching 5k$.