BTC next level

[MONSUN]

Would there be a down trend before BTC takes its next level.. opinion pls

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[mistanama]

We do not know what will happen to the price of bitcoins after the hard fork. We can base on the previous hard fork where it increased by nearly $ 1,500 at the previous price. Or it has fallen due to the sale of people who just bought and hold bitcoins to get free BTG Bitcoin Gold. We now see that the price of bitcoins has increased dramatically from October 1 to the upcoming 2nd hardfork this october 25.

[mr.relax]

Yes
my believe is the win at the last fork is now already in the price of the recent rise included
as everyone expected a rise after the coming fork.
So this time the rise comes before NOT after.

Anyway thats just my prediction

[TravelMug]

Would there be a down trend before BTC takes its next level.. opinion pls

If you look at the historical charts, usually it takes off after a previous dip. Its just a about a month when bitcoin dip to low levels of $2900 but once its consolidates it took off to where we are now. So it looks like we might experience a down trend along the way, but no one for sure when its gonna happened. If you are waiting for the down trend so that you can buy bitcoin, then you have to wait because as I have explain no one really knows if its gonna occurred after Oct. 25 or not. So if that is your strategy, I suggest you just hold your coins, and just wait for the perfect buying opportunity.

[krauzzer02]

We're not sure yet as the SegWit2x Fork in November will just have a minimal impact to its price on the market but we can consider the possibility that it will have a downtrend before it will reach a very promising price remember the previous hard fork that cause some panic buying last July when the hard fork date is near which is dated August 1 but eventually bounce back to its former price and reach a favorable price up to $4000+ surely btc will take us to the next level of its price mostly next year.

[Crypto1992]

Yes it will reach high price before fork and will dip a bit and will consolidate its price.There are many instances where Bitcoin dips down most and consolidate its price with a very high speed. It was dipped to $2800 in the last month and is now $4700 and in this week it will cross 5000$ second time.

[Phalo]

If I were to bet, I would say $7000 is the next stop for Bitcoin in a year. I think this is a realistic prediction. I have been hearing a lot about $10000. Yes that's possible too in the future. But I don't see it happening in the next 24 months.

[sotoshihero]

Yes it will reach high price before fork and will dip a bit and will consolidate its price.There are many instances where Bitcoin dips down most and consolidate its price with a very high speed. It was dipped to $2800 in the last month and is now $4700 and in this week it will cross 5000$ second time.

I think its easy to reach the $5000, with more good news coming is within reach before the year ends in my opinion .Supposedly they say that  its $10,000 before the years ends, but its not easy at this moment or months onward. 2018 maybe a good year to start for the rally.

[cakra]

We do not know what will happen to the price of bitcoins after the hard fork. We can base on the previous hard fork where it increased by nearly $ 1,500 at the previous price. Or it has fallen due to the sale of people who just bought and hold bitcoins to get free BTG Bitcoin Gold. We now see that the price of bitcoins has increased dramatically from October 1 to the upcoming 2nd hardfork this october 25.

true, although many claim that bitcoin will rise in price just like after the first hardfork, but that is not necessarily the case. just pray for the best.

[Red Fish]

Bitcoin trend is go to 5000 USD price, if we look in 3 months period, trend is that BTC price will go up - https://coinmarketcap.com/currencies/bitcoin/. And yes, there can be also down trend too, but that is very common in any currency market.

[tokeweed]

Would there be a down trend before BTC takes its next level.. opinion pls

With this kind of momentum still happening for another year?  I'd say we'll be happy counting our profits at 10k USD!  Not only that, I hope the rush rubs off on some of the altcoins so we could get more BTC in the process and be even more stoked about its rise to 10k and above.

If you think this year was good for crypto, think again.  Next year could get even better.  

[Granxis]

Now the new target for Bitcoin prices should be $ 6000. Because the level of 5000 dollars went through very easily. Maybe at a level of $ 5,500.

[MONSUN]

This time it looks like level $5000+ reached quickly , without any lagging , reasons may be like Big daddies on the board , who so far avoiding bitcoin, but if that the case this rally just started

[harizen]

Would there be a down trend before BTC takes its next level.. opinion pls

Yes as always and it's normal. It's part of the cycle especially on a currency with high volatility. No way bitcoin price will just increase without any price decrease that will happened on the way. That's why there are so called correction price out of a hard pump. Also, a continous pump always associated with a dump.

Anyway how do you define that next level?

[burnchan]

Yes it will reach high price before fork and will dip a bit and will consolidate its price.There are many instances where Bitcoin dips down most and consolidate its price with a very high speed. It was dipped to $2800 in the last month and is now $4700 and in this week it will cross 5000$ second time.

I think its easy to reach the $5000, with more good news coming is within reach before the year ends in my opinion .Supposedly they say that  its $10,000 before the years ends, but its not easy at this moment or months onward. 2018 maybe a good year to start for the rally.

So we can expect more dumpers right now and if you have notice while you visit at trading sites right now, most of the current coins we dumping to exchange for bitcoin. The fast rise was really predicted earlier this month of October and gladly we reached $5000 few hours ago, that's why the price pumped up. It's been so long after that fork fears made panic to some investors but those who remained brave, I guess they are now planning on vacations because of their earned profit lately.

[el kaka22]

Would there be a down trend before BTC takes its next level.. opinion pls

Honestly, no one can know at this stage. This is the time you just keep observing and seeing how things wants to turn out. It is still trying to play around $5300 to $5500 for now, but anything can happen next. I am still very optimistic there may not be much huge downtrend due to the upcoming fork unless there is just a whaly manipulation in the market which would still eventually rise back up and the gap won't even be that much. Support can still definitely be tested.

[TooDumbForBitcoin]

Would there be a down trend before BTC takes its next level.. opinion pls

Nope! Selling pressure is low due to future fork effects. And all people know that first stop 9 000 USD

[Pearls Before Swine]

Yeah, and we're already getting a little bit of a pullback.  Not surprising in the least, given how much
bitcoin has gained in the last few days.  Think about it.  Bitcoin gained something like 10% within
what amounts to hours.  There's no way it's going to continue up in a straight line without getting
a correction....and it's likely to be a big one.

Still wish I had cash, as I'd be buying.  Even Jamie Dimon's daughter bought some.

[Clairvoyance]

Would there be a down trend before BTC takes its next level.. opinion pls

If you look at the historical data and graphs of bitcoin's price you will immediately notice that before it break in a new price level it must first go down. This coming October 25 we might see some decline but it still the price would go up.

[bitcoindusts]

I think there will be a sell off after the fork.  FUD might spread during those times so probably yes, there will be some dip before the next level of Bitcoin is achieved.  I believe Segwit2x will really give bitcoin so much popularity because it is the gateway to enable future updates of Bitcoin such as lightning network and more.