Is this the week we see the $4500?

[figmentofmyass]

All china bullshit didnt' bring BTC below $3500, the scammer Chase CEO didn't also bring it down...

So are we back to normal?

i'm guessing you don't mean the "return to normal" phase of the bubble chart, but it may have been the perfect term to use. after every bubble pop, BTC has always had a massive bounce (past the 61.8% fib line) that has resembled the "return to normal" phase before a significant decline in price (if not an outright crash). so in that sense, even if the bubble has popped for now, $4500 is entirely possible before more decline. i'm not sure that we've topped, i'm just throwing this out there...

[szpalata]

All china bullshit didnt' bring BTC below $3500, the scammer Chase CEO didn't also bring it down...

So are we back to normal?

I'm not sure will see that value in this month, I think maybe we will see that value in the next month or the end of the year. I'm still sure the bitcoin price will keep increasing even though there's a lot of bad news on the cryptocurrency but I believe bitcoin will survive.

Yes I don't think it's going to be this week or this month because it doesn't seem to be growing per the market analysis and statistics for the past week. It's rather looking to stabilize around $3600 and this is likely going to be the rate by the end of the month.

[agatha818]

hopefully so, if not this week i hope it'll be next month, and reach 5k at the end of the year.

[yoseph]

All china bullshit didnt' bring BTC below $3500, the scammer Chase CEO didn't also bring it down...

So are we back to normal?

Bitcoin is currently in what i will term an aftershock, Investors are still skeptical about the Chinese threats of banning the cryptocurrency after they told all exchanges to halt businesses and wait for a license to operate. Until we fully know what actions they plan to take next i think Bitcoin will be hovering around $3800 and $4000 for the time being.

[Wandika]

hopefully so, if not this week i hope it'll be next month, and reach 5k at the end of the year.

Let's stay positive bitcoin can still make some new records on it's top price for 2017. It maybe a long ride before it reach $4500 again but it will worth a ride, atleast until December.

[xuan87]

I don't feel any 4500$ vibe this week, Bitcoin price movement has been stuck lately, it is between 3700$ and seems like nothing big going to happen this week to boost the price to 4500$ and if within a week the price jump to 4500$ there will correction price, so I think we need more time to be able to reach 4500$ and stable in that position

[Sadlife]

It is just ridiculous after all there effort to try bringing bitcoin were all in vain. The CEO jp mortgage keep saying everyday that bitcoin is a fraud and when bitcoin is in a dip, he buys faster than anyone. Maybe he thinks that it is the faster way to make money than his own banking system. I thought china banning bitcoin would hurt it but it seems china was not the biggest investor btc. Now we can finally move forward.

[miyong]

I don't think so, bitcoin's price now is @ 3,600-3,700USD, i think it will not go that higher this week. Lets see if bitcoin can make it next month.

[thebanker28]

All china bullshit didnt' bring BTC below $3500, the scammer Chase CEO didn't also bring it down...

So are we back to normal?

First you gotta define normal. The BTC roller-coaster is perfectly "normal" for BTC, maybe not so normal for something else. Secondly, no I don't think the FUD is over - in particular you gotta look out for the Communist Party Congress in China in late October, lots of speculation from there before that's over.

Having said that $4,500 could happen - but so could $5,500 or $2,500.

[samycoin]

All china bullshit didnt' bring BTC below $3500, the scammer Chase CEO didn't also bring it down...

So are we back to normal?

I wish we back to normal price but sometimes we cannot avoid some problems so lets face it and move on and go on to what we do for the better. Bitcoin is no stable price so don't panic be positive that will always rise the price.

[YuginKadoya]

All china bullshit didnt' bring BTC below $3500, the scammer Chase CEO didn't also bring it down...

So are we back to normal?

First you gotta define normal. The BTC roller-coaster is perfectly "normal" for BTC, maybe not so normal for something else. Secondly, no I don't think the FUD is over - in particular you gotta look out for the Communist Party Congress in China in late October, lots of speculation from there before that's over.

Having said that $4,500 could happen - but so could $5,500 or $2,500.

A lot of negativity on the news are spreading right now but particular to this they never have taken BTC further even with the recent FUD that Jamie Dimon talk about bitcoin, but I think Bill gates positive feed back have Subside the storm that is why the value didn't drop any further, but I see some resistance over the price that is why it will not rise anytime soon.

[Pleione527]

I am hoping that bitcoin will have a revenge for its price set back from the last few weeks I've been quite sad and disappointed because my bitcoin value is really decreasing as much as I would like to sell them I'd rather keep them for a while. I wish it will pump again and reach $5000 like what haplen before

[bololord]

All china bullshit didnt' bring BTC below $3500, the scammer Chase CEO didn't also bring it down...

So are we back to normal?

We dont predict what happen if its value of bitcoin back to thr normal or maybe decrease again so we should do is dobt panic if the bitcoin goes down becuase butcoin is flactuating so we need to keep calm and just earn.

[eann014]

All china bullshit didnt' bring BTC below $3500, the scammer Chase CEO didn't also bring it down...

So are we back to normal?

I don't think we will hit $4500 again this week. I think it will takes 1month or maybe 2 months to make it possible again. Bitcoin now is a good buy for those investors who wants to invest so they can earn profit in the future (maybe after 2 months )

[umbara ardian]

all hoping btc will return to normal. indeed china has the biggest market and mining prices will be affected from china but do not worry it's just a prior assumption. now the holders need not worry because there are japan russia and others. now china no longer has any effect on bitcoin value. so logically and positive thinking bitcoin will return to normal.

[kalawang]

All china bullshit didnt' bring BTC below $3500, the scammer Chase CEO didn't also bring it down...

So are we back to normal?

I hope bitcoin back to normal value so all people dont panic but  im still earning btc so its okay to me if the bitcoin goes down becuase i believe that the bitcoin is increase again 2times or maybe 3times .

[betMaster]

It is really possible to see this week 4500$ mark because of close segwit and good news that Amazon gonna accept bitcoin as a payment method

Amazon accepting bitcoin as a payement will not be the reason for bitcoin to be back to 4500$. It's really not clear now wether it going up or down. Bitcoin is not over the China ban yet. I expected it to be back to 4k after only a week from the ban but it's still away  from that. No one figure out what's next for bitcoin, but we all hope it reachs 5k as like it was expected days away from china ban.

[Ayiranorea]

all hoping btc will return to normal. indeed china has the biggest market and mining prices will be affected from china but do not worry it's just a prior assumption. now the holders need not worry because there are japan russia and others. now china no longer has any effect on bitcoin value. so logically and positive thinking bitcoin will return to normal.

At present we've been gaining more and more support for bitcoin in various forms. Starting from adoption happening as a whole to a investment source for people of all levels. Maybe we need to wait for few more weeks to reach the value from which we started to decrease in value towards the the value lower to $3000.

[Beefcake]

My opinion is that there is nothing normal at all about bitcoin, so it is really impossible to say what will happen in the short term.  I look at the long term, like 5 years from now.  I ask myself, is it likely that it will be worth more in 5 years than it is today?  So far the answer is yes, so I continue to hold.  But cryptos are still in their infancy.  How long have stocks been around?  Gold?  Etc?  Literally anything can happen.  We could wake up tomorrow and the price could be 0, or a million, or anything.

But predicting next week's price is pointless.  Basically, unlike most other investment option, the market cap directly influences the price.  Every publicly traded company can print more shares of stock (and do on a regular basis, so much so that any analyst worth his salt will calculate DILUTED shares), but bitcoin is fixed.  More gold mines can be found here or even off planet.  So if people in charge of assets, whether they are rich, fund managers, etc, decide to put more money into btc and thus increase the market cap, then it will go up without qualification.  But anything can happen in the short run and the market cap is really really small even today compared to other assets used as storage of wealth, so if money comes in then it goes up and vice versa, but there is really no good way to predict these things.

However I believe in the long run that more money will come in, and price will go up.  The exact number?  If you told me that it would reach the high 4K in 2017 I would have been skeptical.  Very.  Anything can happen, and happen fast, good or bad.  I am bullish but don't put your eggs in one basket, ever, no matter how good it looks.

[cryptokitty]

I am also hoping for that but unfortunately, it may not happen this week. Let us wait for the following months. All things are possible and may happen. Let us all wait patiently until bitcoin reach that price once again.