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Author Topic: Will Btc drop near 2k?  (Read 3451 times)
mozillaspez
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September 23, 2017, 06:19:00 AM
 #81

Look may be fail to 2500-2800$
But it have target 10000$ in few months

At present I do not consider the dip based on the current scenario because all of the factors are taken into consideration. Unless if there is another news from somewhere which is not healthy may impact the prices else from here slowly it may be but price should move in upward trend.

Nothing can effect bitcoin because we know that haters are more because of that haters creating fake news like James have made fake news. Bitcoin will go upward and it is going right now too.
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September 23, 2017, 06:26:13 AM
 #82

From talking to my friends who trade quite a lot they are expecting to buy at $2500, but some are also saving for $1800. It's hard to say these days because there's so much buzz and dumb money coming into cryptos.
I don't see bitcoin will drop near to 2k because price right now is stable more than 3k$. Yes I agree with you it is hard to predict the movement of btc value. But let's see and observe the fluctuation price of bitcoin.

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September 23, 2017, 06:38:54 AM
 #83

I don't think that we will see bitcoin to go down to 2K again.
Even if we would lose the whole demand in China.
There are so many long term holders like me who would never sell their coins by now.
I think that somewhere in the 3K area, there is really a bottom. No matter how bad the news situation gets.

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September 23, 2017, 12:26:57 PM
 #84

I don't think bitcoin's price will drop that low. Eventhough there are a lot of problems that are happening to crypto world right now, I still think that its' price will be stable at $3000, it will go low but will not be lower than it.

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September 23, 2017, 12:33:26 PM
 #85

Many talk about how they want to store bitcoins in the long term. In fact, I see that all have only speculative interest. What do you care how much is bitcoin now if you keep it for 10-20 years? Bitcoin already showed an example of the growth in price by 500% for the year. All have forgotten that bitcoin in the beginning of this year was worth about $ 1,000.

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September 23, 2017, 06:07:37 PM
 #86

Many talk about how they want to store bitcoins in the long term. In fact, I see that all have only speculative interest. What do you care how much is bitcoin now if you keep it for 10-20 years? Bitcoin already showed an example of the growth in price by 500% for the year. All have forgotten that bitcoin in the beginning of this year was worth about $ 1,000.
If you're planning to hold on to your bitcoins for years, then you are absolutely correct.  There's no need to obsess over the day-to-day price gyrations.  If you're trying to grow the number of coins you have by trading, then it matters a lot more.  Either way, however, I think it is important to keep track of the price and news over time.  There are still--and always will be--risks to bitcoin's price.  I think it would be unwise to hold it blindly for 20 years.

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September 23, 2017, 06:33:48 PM
 #87

Don't think this is going to happen. The price is still very volatile these days, goes ups and down all the time and I think this scenario will continue for a while. But the price will remain somwherevbetween 3000$ and 4000$, not lower than this. Maybe close to the end of the year we could see Bitcoin close to 5000$ again.

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September 23, 2017, 06:36:53 PM
 #88

Look may be fail to 2500-2800$
But it have target 10000$ in few months

At present I do not consider the dip based on the current scenario because all of the factors are taken into consideration. Unless if there is another news from somewhere which is not healthy may impact the prices else from here slowly it may be but price should move in upward trend.

Nothing can effect bitcoin because we know that haters are more because of that haters creating fake news like James have made fake news. Bitcoin will go upward and it is going right now too.

This perception looked very wrong to me. Because the market is not deep enough so that you can feel that confident for bitcoin. Even little actions can cause a decline in bitcoin price.

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September 23, 2017, 06:49:42 PM
 #89

I felt like I missed a great opportunity at selling high and buying low when it reached 5k and drop to 4k a couple of days ago. Now it happened again from 4k to 3k. You think it will happen a third time, from 3k to 2k?

I am hoping that it will not but it is not bearable there are many things that affecting the price like those news that caused a decline in price . As of now the price is playing around $3500-$3800 and it looks like going to steady at that situation for a few days or weeks . Once it drop lower than that there's a possiblility that it will be continuous until it goes to the price that you were saying .

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September 23, 2017, 06:56:26 PM
 #90

I felt like I missed a great opportunity at selling high and buying low when it reached 5k and drop to 4k a couple of days ago. Now it happened again from 4k to 3k. You think it will happen a third time, from 3k to 2k?


Nowbody can really know this but I sure hope it does and even below 2k. This way all the weak handshake will be shaken out of the system.

We are seing this "China ban" again and again and always with the same result. Slowly, but shurely, the market will be mature enought not to overreact on news like this.

That is not a good prayer and should it come to pass, a number of people especially noob would be devastated and may leave the crypto-world to never come back. At any rate, I don't see the market dropping below the $3000 price level anytime soon until the November hard fork imbroglio sets in and possibly upset the market, though that too would be short-lived. Until then, do relax and make some money by buying low and selling high from the daily swing.

Only way it drops that far in the first place is if we go into a long bear market. I doubt we can drop 50% in a day at this point. I hope BTC does go down a bit though so I don't miss out.
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September 23, 2017, 07:03:38 PM
 #91

I felt like I missed a great opportunity at selling high and buying low when it reached 5k and drop to 4k a couple of days ago. Now it happened again from 4k to 3k. You think it will happen a third time, from 3k to 2k?

I am hoping that it will not but it is not bearable there are many things that affecting the price like those news that caused a decline in price . As of now the price is playing around $3500-$3800 and it looks like going to steady at that situation for a few days or weeks . Once it drop lower than that there's a possiblility that it will be continuous until it goes to the price that you were saying .

The problem with these ranges that you quote is that they don't hold for even a week usually. Bitcoin is a volatile asset and people are just looking for the next news item to drive it up or down. If we head downwards, we could break $3000 easily.
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September 23, 2017, 07:26:59 PM
 #92

I felt like I missed a great opportunity at selling high and buying low when it reached 5k and drop to 4k a couple of days ago. Now it happened again from 4k to 3k. You think it will happen a third time, from 3k to 2k?

I am hoping that it will not but it is not bearable there are many things that affecting the price like those news that caused a decline in price . As of now the price is playing around $3500-$3800 and it looks like going to steady at that situation for a few days or weeks . Once it drop lower than that there's a possiblility that it will be continuous until it goes to the price that you were saying .
It not stable, now Bitcoin in neutral trend, therefore you do not see any signal or strong fluctuation on the market. Most of the traders are waiting the move of whales, I think we should keep our patience to see next move of whales too.
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September 23, 2017, 07:59:32 PM
 #93

I felt like I missed a great opportunity at selling high and buying low when it reached 5k and drop to 4k a couple of days ago. Now it happened again from 4k to 3k. You think it will happen a third time, from 3k to 2k?

I am hoping that it will not but it is not bearable there are many things that affecting the price like those news that caused a decline in price . As of now the price is playing around $3500-$3800 and it looks like going to steady at that situation for a few days or weeks . Once it drop lower than that there's a possiblility that it will be continuous until it goes to the price that you were saying .
It not stable, now Bitcoin in neutral trend, therefore you do not see any signal or strong fluctuation on the market. Most of the traders are waiting the move of whales, I think we should keep our patience to see next move of whales too.
At present the price of bitcoin is in a stable manner growing towards $4000. While the price started to fall none expected that it will reach that low to $2900. All of the sudden the price once again started to pump and now this has been once again getting to reach $4000. On the whole patience is the must to benefit.

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September 23, 2017, 08:21:07 PM
 #94

I felt like I missed a great opportunity at selling high and buying low when it reached 5k and drop to 4k a couple of days ago. Now it happened again from 4k to 3k. You think it will happen a third time, from 3k to 2k?

I am hoping that it will not but it is not bearable there are many things that affecting the price like those news that caused a decline in price . As of now the price is playing around $3500-$3800 and it looks like going to steady at that situation for a few days or weeks . Once it drop lower than that there's a possiblility that it will be continuous until it goes to the price that you were saying .
It not stable, now Bitcoin in neutral trend, therefore you do not see any signal or strong fluctuation on the market. Most of the traders are waiting the move of whales, I think we should keep our patience to see next move of whales too.
At present the price of bitcoin is in a stable manner growing towards $4000. While the price started to fall none expected that it will reach that low to $2900. All of the sudden the price once again started to pump and now this has been once again getting to reach $4000. On the whole patience is the must to benefit.

Ya it is true that patience is needed in trading and right now bitcoin price is moving between 3600 level to 4100 and breakout to any side will give bitcoin 500 ticks difference.

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CoinsCoinsEverywhere
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September 23, 2017, 08:27:55 PM
 #95

I felt like I missed a great opportunity at selling high and buying low when it reached 5k and drop to 4k a couple of days ago. Now it happened again from 4k to 3k. You think it will happen a third time, from 3k to 2k?


Nowbody can really know this but I sure hope it does and even below 2k. This way all the weak handshake will be shaken out of the system.

We are seing this "China ban" again and again and always with the same result. Slowly, but shurely, the market will be mature enought not to overreact on news like this.

That is not a good prayer and should it come to pass, a number of people especially noob would be devastated and may leave the crypto-world to never come back. At any rate, I don't see the market dropping below the $3000 price level anytime soon until the November hard fork imbroglio sets in and possibly upset the market, though that too would be short-lived. Until then, do relax and make some money by buying low and selling high from the daily swing.

Only way it drops that far in the first place is if we go into a long bear market. I doubt we can drop 50% in a day at this point. I hope BTC does go down a bit though so I don't miss out.

I don't think we need a long bear market to have another drop.  A lot of corrections tend to have at least a couple of waves down.  The first major one bounced around $3k.  If we do get another wave lower, it could be just as quick and decisive.  The bounce around the $3500 area yesterday indicated some good support there.  But if that breaks, we could fall to $3k in a matter of hours, and if that doesn't hold, we'll get another quick drop down by several hundred more.

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September 23, 2017, 11:16:09 PM
 #96

I felt like I missed a great opportunity at selling high and buying low when it reached 5k and drop to 4k a couple of days ago. Now it happened again from 4k to 3k. You think it will happen a third time, from 3k to 2k?


Nowbody can really know this but I sure hope it does and even below 2k. This way all the weak handshake will be shaken out of the system.

We are seing this "China ban" again and again and always with the same result. Slowly, but shurely, the market will be mature enought not to overreact on news like this.

That is not a good prayer and should it come to pass, a number of people especially noob would be devastated and may leave the crypto-world to never come back. At any rate, I don't see the market dropping below the $3000 price level anytime soon until the November hard fork imbroglio sets in and possibly upset the market, though that too would be short-lived. Until then, do relax and make some money by buying low and selling high from the daily swing.

Only way it drops that far in the first place is if we go into a long bear market. I doubt we can drop 50% in a day at this point. I hope BTC does go down a bit though so I don't miss out.

I don't think we need a long bear market to have another drop.  A lot of corrections tend to have at least a couple of waves down.  The first major one bounced around $3k.  If we do get another wave lower, it could be just as quick and decisive.  The bounce around the $3500 area yesterday indicated some good support there.  But if that breaks, we could fall to $3k in a matter of hours, and if that doesn't hold, we'll get another quick drop down by several hundred more.

As long as we stay above $3500, we are good to go. But if we lower, the resistances start getting below $3k.

Let's hope that the Amazon fake news pump can be sustained for a couple more hours, if we close with a green candle for monday, we will be safe above the 200 day moving average, and that is what im watching all day today because its crucial. If we manage to cross the MA on 1 day chart im positive that we will test $4k and it's looking good.

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September 23, 2017, 11:27:12 PM
 #97

I do not think that BTC can drop near 2k anytime soon.  Even if the upcoming  Bitcoin network upgrade  create another split.  I think Bitcoin have lots of supporter and investors that are willing to catch Bitcoin if i goes way down to less than $3k.  Besides, the upgrade signals bullish Bitcoin so probably it will go back to $4k or even break another ATH if the upgrade is a success.



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DrGuns4Hands
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September 23, 2017, 11:57:33 PM
 #98

nope i don't think bitcoin will drop at that price even tho bitcoin is not stable right now and drop under $3k . the demand  of bitcoin today is high than last year so bitcoin won't drop at that price but it is possible if there's another panic selling will happen right now. if the demand of bitcoin decrease so the price will decrease also.

magneto
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September 24, 2017, 12:30:07 AM
 #99

I felt like I missed a great opportunity at selling high and buying low when it reached 5k and drop to 4k a couple of days ago. Now it happened again from 4k to 3k. You think it will happen a third time, from 3k to 2k?

Very likely that Bitcoin is going to go down to that level perhaps next year however this is probably not going to happen this year or this month. The bull market is by no means over right now and is still going despite the sideways movement generated in the past few days.

I expect the price to go up to at least $4,000 per Bitcoin by the end of the month this is because right now with on the verge of recovery and we're already in the green for today.

The floor is pretty much firmly set at $3,000 right now we don't think we're going to achieve a level that is less than that.

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September 24, 2017, 01:42:00 AM
 #100

nope i don't think bitcoin will drop at that price even tho bitcoin is not stable right now and drop under $3k . the demand  of bitcoin today is high than last year so bitcoin won't drop at that price but it is possible if there's another panic selling will happen right now. if the demand of bitcoin decrease so the price will decrease also.
There's a possibility to fall down bitcoin into $2000 while it is only speculation but since bitcoin value now is started to raising up. Hopefully it will become stable and continue for long run of time, because Christmas is coming more users needs an extra income for this coming December. I wish that this coming last quarter of 2017 bitcoin value was totally recovered to banning of ICOs in the Chinese country. If it is happen I'm sure that bitcoin in crypto currency society will fully back into normal fluctuation.

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