Bitcoin rise is over

[hahay]

If the big correction is coming soon I think it's a natural thing to close the end of the year, and at the beginning of the year it will recover soon. that's what I feel is not too worried if there is a big correction. We just need to anticipate it as well as possible.

[eaLiTy]

If the big correction is coming soon I think it's a natural thing to close the end of the year, and at the beginning of the year it will recover soon. that's what I feel is not too worried if there is a big correction. We just need to anticipate it as well as possible.

I do not see any other changes other than the fork that is about to happen that will stifle the growth of bitcoin and if that is the reason you are predicting to see a big correction then i do not think that it will recover anytime soon,the fact remains that bitcoin will keep on rising how many splits it may occur because of its history and a normal user would not understand the fork coins,unless something changes dramatically i do not see any major correction like we saw in 2013.

[Actualiteit]

The rise might be over, but only for a short while. Sentiment is still very bulish mid and long term. correcting to 2k area still wouldn't make the majority of holders bearish on mid and long term. It all depends on what timeframe you're looking. Might be better to start thinking about 5-10 years from now instead of staring at a 15M/1hr chart and stressing over normal fluctuations.

[bitcoindusts]

The rise might be over, but only for a short while. Sentiment is still very bulish mid and long term. correcting to 2k area still wouldn't make the majority of holders bearish on mid and long term. It all depends on what timeframe you're looking. Might be better to start thinking about 5-10 years from now instead of staring at a 15M/1hr chart and stressing over normal fluctuations.

Well it is normal for bitcoin to increase in price, dip and rebound then settle for sometimes before going up again.  This process keeps repeating again and again.  So after this Bitcoin being stagnant, I think the next move will be uptrend because of the coming event for Bitcoin.  Implementation of Segwit2x.

[ragnar0k]

Might be better to start thinking about 5-10 years from now instead of staring at a 15M/1hr chart and stressing over normal fluctuations.

Easier said than done 

[sasaku bitbit]

I think the bitcoin will steadily grew up because I see the graph of the growth of the movement of the bitcoin that bitcoin already is at $4300 and it will likely be increasing up $4500 even more this month, but still many people that worry will be the movement of the bitcoin fearing to fall again. but I am sure this will not happen in the bitcoin

[Yaunfitda]

Bitcoin started to go up again, after a 2 day slump. This is good news to the community because we may reach $4500-$5000 at the end of the month. Investors once again getting bitcoin and pouring cash in the ecosystem. I think the China news or FUD is over for now. Let's remain positive that this will be another bull run in the horizon that will push the price to new ATH.

[Ayiranorea]

I think the bitcoin will steadily grew up because I see the graph of the growth of the movement of the bitcoin that bitcoin already is at $4300 and it will likely be increasing up $4500 even more this month, but still many people that worry will be the movement of the bitcoin fearing to fall again. but I am sure this will not happen in the bitcoin

However the price grow with steady phase, at some point the fluctuations will be experienced causing a drop in the value. Here the users need to understand that the price variations is the factor provided with the profit as well the price gets recovered in a short or longer time period. Hold until get profited rather than getting panic and ending up losing.

[MMS2017]

To say bitcoin rise is over it is not simple because it can be rise and fall every time but to fix that rise is over its not true. People are moving towards bitcoin as it demand will increases so ultimately the price will go up.

[Baofeng]

I think the bitcoin will steadily grew up because I see the graph of the growth of the movement of the bitcoin that bitcoin already is at $4300 and it will likely be increasing up $4500 even more this month, but still many people that worry will be the movement of the bitcoin fearing to fall again. but I am sure this will not happen in the bitcoin

However the price grow with steady phase, at some point the fluctuations will be experienced causing a drop in the value. Here the users need to understand that the price variations is the factor provided with the profit as well the price gets recovered in a short or longer time period. Hold until get profited rather than getting panic and ending up losing.

Of course there will be always price fluctuations. This is also present even in the stock trading. Others took it hard when they see that the price is going down because they fear that they might end up loosing. However, you really have to understand that the market will not stay bullish all the time. The OP though that the rise is over, however, we can seen bitcoin lately in a see-saw form. Not the one that we are expecting. But there will be a time that the market will be very bullish and once you see that, all your worries and frustrations and doubts with the market will be removed.

[timerland]

If the big correction is coming soon I think it's a natural thing to close the end of the year, and at the beginning of the year it will recover soon. that's what I feel is not too worried if there is a big correction. We just need to anticipate it as well as possible.

Exactly. Corrections are going to come along the way even if we are climbing in price. There is simply no way for us to continue climbing day by day without any sort of pause in between these pumps, otherwise it would actually be unsustainable.

The correction from $4400 a few days ago down to $4100 or less a day ago was an example of that.

But now, we're up 2.5% from yesterday and i think we may be able to break $4500 by the end of the week.

[negancoin]

I don't think it is going to make a correction and it is still going to rise and reach 5000$.

[Lucid717]

What we're seeing right now is a period of stability, something virtually unprecedented when it comes to BTC, which has always been very volatile.  It's due to not being overvalued, or a precursor to any coming correction, but several bits of news in recent months that have people uneasy and unsure about both it's short & long term future.

And just look at how well it's weathering this storm regardless.  If it had plunged down to the 2200-2700 range and became stagnant like this, then I would worry.  But instead it approached the high water mark of 5K before becoming stuck in neutral.  It weathered this storm better than pretty much everyone thought it would and the infrastructure built around it only continues to expand.  It basically has no other option than to continue to grow.  And most of the FUD you hear is from the dinosaurs regretting that they didn't get in sooner trying their best to get the price to drop so that they can buy in and assume control.  Right now it is mainly in control of the common people.  This is evident by how well it's weathered these storms.  Because you see, we don't scare so easily, not like the CEO's and blue chippers.  And most stand firm despite such FUD and hold onto their BTC, much to their dismay.

[ajmapalo22]

If this is true meaning bitcoin will now have a fix or stable value. I think bitcoin will still appreciate if not now surely in the future I believe that the value of bitcoin is still underprice and that there would be many appreciation that will took place. Maybe next year another big pump will happen for bitcoin its just that for this year it will stop at $4500

[junoreactor]

what do you think about below chart?

I think bitcoin rise is over for now. Chart shows that we are in a buble and it should be corrected.
In addition if you look at the weekly chart end of 2013, you will see that it is similar to today.
Big correction may come soon

It is good to look at charts, but charts are not the only tool to predict the price of bitcoin, just like it is not the only tool to predict price of stocks.
Most important here is other information such as: who buys bitcoins? for what purpose? countries banning/legalizing bitcoins? etc etc.
You can't rely on graphs only, bro.

[junoreactor]

If this is true meaning bitcoin will now have a fix or stable value. I think bitcoin will still appreciate if not now surely in the future I believe that the value of bitcoin is still underprice and that there would be many appreciation that will took place. Maybe next year another big pump will happen for bitcoin its just that for this year it will stop at $4500

Soon or later, Bitcoin price will become more stable, like a fiat currency. I predict the price to be more stable in 2 or 3 years. My guess is around 20K.

[TrueAnon]

I've been following bitcoin for about 2-3 years before I finally decided to buy some and invest. I've been reading threads like this one all the time. "Now it's over" "This time for sure" and so on. Crypto is still very small and once the big money starts flowing in on a daily basis we'll probably see prices we can't even imagine right now.

[Ararbermas]

I don't think it is going to make a correction and it is still going to rise and reach 5000$.

 rising moment of bitcoin will be not over it may take a rest some time. But there a chance that bitcoin will climb again in again beacuse of its volatility attitude which is climbing and falling its value . it doesn't stay for a moment. Now adays we can see its performance from our wallet or in market sometimes it climbed into a higher price then back again to a lower price  . So its not over it will rise again as the predictions of other user here in forum that it will reach 5000$ in this end of 2017 .

[JakeRTFM]

I don't think Bitcoin rise is over.
I believe in something I saw on tweeter a few months ago :
"Do your neighbor is using Bitcoin ? No, not yet" So everything tends to see a growth for the bitcoin value based on users volume.

Maybe we will have a correction in December to have a huge growth in 01 January (like last year), only based on trending market.

[haroldtee]

If it had plunged down to the 2200-2700 range and became stagnant like this, then I would worry.

Sure! That kind of occurrence would have absolutely caused a scare no doubt, but whichever way, it would have still been a very good time to buy. Nonetheless, no one ever expected it would have a quick bounce back compared to the scenarios that played out few years back and it sure did show now there is good sign and great support for bitcoin. We cannot say much yet for now though, but the value is really showing some pretty big chance of pushing past resistance soon.