Bitcoin price fall below $5,500.

[mrdenis]

I have been following bitcoin price since the recent upwards price movement and I think $5875 has become the high and corrections has began. Checking price chart this morning I discovered that the down channel's line has been broken and that signal a dropped in buying momentum and price may get below  $5,000. However, this is another opportunity to buy bitcoin at a very cheap prices as before the end of this year bitcoin might hit $7,000. This corrections is not going to be a long one,  it might just be three to four days and we would resumes another upwards movement again.

Yes bitcoin down but not much i wait the bitcoin fall on 4500$ so that i will buy some i do believe also that bitcoin will rise again. This coming year i know bitcoin become 7000$.

I believe that after all the dump tactics to drive BTC down are over BTC will start going back up I would love to buy some BTC more while its down but I don't have the money.

It seems to me that it is now too late to buy bitcoins. Everyone who wanted to capitalize on the October pump bought bitcoin when the price dropped to $ 3,000. Now is the time to wait. Users have no money. All invested in bitcoin. I expect higher prices in the coming days.

I agree, next correction will probably take BTC down to 4000-4500usd.

[Ararbermas]

I agree, next correction will probably take BTC down to 4000-4500usd.

Maybe but i dont believe that bitcoin will down to 4000-4500 cause thats a deep fall as of now bitcoin is on $5000+ if that prediction happen maybe all of the bitcoin holders will panic to sell instead of waiting for the btc gold lol . But its imposible ithink . Now adays bitcoin is crashing again but nothing to worry cause ithink this is just temporary soon it will gain more strength until bitcoin will boom.

[zarados]

I thought it is just a small correction, I believe It wouldn't be fall below $5k. Probably the next fork on november would be a determinant that the price are continue to fall or jumpt again and hit a new All Time High. Other speculation says that the next fork would be a next crash of bitcoin price. But I couln't assure that since it's just a speculation.

[mrdenis]

My thoughts are that it will continue to grow or at least hold current price till 25.oct. and then the capital will start to flow into altcoins - there is where I expect big corection...

[jekjekman]

Price currently is at $5,300 and I think it will still go down further more to around $4000. Maybe also it is because the fork is close and people are trying to sell most of their coins to buy bitcoin in preparation for the fork so they can get Bitcoin Gold for free. This is an opportunity for those who wanted to buy bitcoins too because the price is going down still.

It may go down up to $5000 but a price of $4000 is very impossible specially there is a scheduled fork on October 25th,
and it is just 11:00 UTC more trades will happen in the next hours and more will take advantage of this low price.
Most likely by tomorrow price will recover and will be around $5600 and will go higher until the 25th.

waiting for the $6000 mark 

[Quietman]

Just like what happened last August 1 fork, a week before that event bitcoin's price fall down and then spike twice the previous amount. So I guess this is just a normal for the price of bitcoin to drop. Let's take this opportunity to buy and wait for it to go up again. Because I strongly believe that the only way for bitcoin is UP. This year wont end without bitcoin going higher or reaching the highest peak this year.

[popolite11]

I thought it is just a small correction, I believe It wouldn't be fall below $5k. Probably the next fork on november would be a determinant that the price are continue to fall or jumpt again and hit a new All Time High. Other speculation says that the next fork would be a next crash of bitcoin price. But I couln't assure that since it's just a speculation.

In my opinion next fork will be not successful. It will be about 100$ I think for 1 bitcoin. To much people thinking that again it will be about 20% from 1 bitcoin. But secon time not possible so big profit.

Anyway after 25 of October bitcoin will fall down.

[ipanks]

the price now is at $52xx and the trend is still going down maybe we can reach until $51xx and we are approach with the fork and maybe the price will down more. but don't be worried because the price will always goes up again and i think after the fork the price is trying to increase like usual. i am sure that many people is waiting the decrease of the price so they can buy as much as they can so they can increase their bitcoin amount and waiting for another increasing of the price.

[peter0425]

I thought it is just a small correction, I believe It wouldn't be fall below $5k. Probably the next fork on november would be a determinant that the price are continue to fall or jumpt again and hit a new All Time High. Other speculation says that the next fork would be a next crash of bitcoin price. But I couln't assure that since it's just a speculation.

My thoughts as well. Bitcoin will not fall down below $5000 because I believed that there are investors willing to buy at this dip. This are new faces, who have heard bitcoin before and want to enter but can't because the price is high above $5500. But with the market price today, it would be very easy for them to pour cash right now and as a result bitcoin will not even touch below $5000. Tomorrow I'm expecting that we already wipe out the price correction today and we are going to see bitcoin going green once more. There are no negative news that I know that will pull the price below $5000. The people are very bullish, this is just a minimal correction. Nothing significant.

[nidacoinlove]

I have been following bitcoin price since the recent upwards price movement and I think $5875 has become the high and corrections has began. Checking price chart this morning I discovered that the down channel's line has been broken and that signal a dropped in buying momentum and price may get below  $5,000. However, this is another opportunity to buy bitcoin at a very cheap prices as before the end of this year bitcoin might hit $7,000. This corrections is not going to be a long one,  it might just be three to four days and we would resumes another upwards movement again.

Many of the people will be worried today with the decreasing price bitcoin. Bitcoin price was no doubt looking like shooting to $7000 and now once again the bitcoin price is going down but don't worry guys. For those who are worried about that if something is gone wrong with bitcoin or it is a correction so, for all of them nothing like this has happened.
Today's price fall is due to the US dollar stability. The price of dollar today has increased internationally whose impact is on bitcoin too like the rest of the stocks.

[tenkuna]

I have been following bitcoin price since the recent upwards price movement and I think $5875 has become the high and corrections has began. Checking price chart this morning I discovered that the down channel's line has been broken and that signal a dropped in buying momentum and price may get below  $5,000. However, this is another opportunity to buy bitcoin at a very cheap prices as before the end of this year bitcoin might hit $7,000. This corrections is not going to be a long one,  it might just be three to four days and we would resumes another upwards movement again.

trust me . Bitcoin prices will also rise during this time. There are many who believe. The price of bitcoin in mid December will be 7k-8k

[kamotharnn]

I agree to your point. I believe that the price will be around $4200 and then, bitcoin will have more strength to bounce back. Right now, bitcoin needs a small dump in order to become stronger. A dip will make bitcoin come back strongly and significantly. I have just sold all of my bitcoin so that I can wait for a next dump

[yishak]

Price currently is at $5,300 and I think it will still go down further more to around $4000. Maybe also it is because the fork is close and people are trying to sell most of their coins to buy bitcoin in preparation for the fork so they can get Bitcoin Gold for free. This is an opportunity for those who wanted to buy bitcoins too because the price is going down still.

You are wrong. The price should have gone up . when people buy the price will go up and not the other way around and in this case because there will be a fork a lot of people will buy bitcoin and the price should go up but it hasn't so probably what happened is many investors thought that they have made a good profit from the bitcoin price increase and they decided to sell it.

[Shutup]

I have been following bitcoin price since the recent upwards price movement and I think $5875 has become the high and corrections has began. Checking price chart this morning I discovered that the down channel's line has been broken and that signal a dropped in buying momentum and price may get below  $5,000. However, this is another opportunity to buy bitcoin at a very cheap prices as before the end of this year bitcoin might hit $7,000. This corrections is not going to be a long one,  it might just be three to four days and we would resumes another upwards movement again.

I'll be grateful if btc will reach $7000 this year.lm a beleiver of bitcoin,si l beleived that bitcoin going to hit this price.Im happy for we will be merry at this christmas.Even price of bitcoin now is falling,lm not going to worry because it will give more hope before end this year for a memorable life that will make me rich.

[bitbunnny]

Some has predicted that price could go down before the next fork in November which is very likely. It looks like this is already happening and the price could dump below 5000$ but it's not necessary and doesn't have to show the trend. Anyway, there is no room for panic, just have to accept this correction as a part of usual process.

[allthingsluxury]

There is absolutely nothing wrong with a healthy pullback, nothing should go up in a parabolic straight line forever.

[Cacingkemi]

I'm not mind the correction,how to calculate what correction can clearly describe a correction?I see this chart will not be long up and has a lot of BTC news going up to 7K$?if it is true I will hold it until the time comes

[Malsetid]

I have been following bitcoin price since the recent upwards price movement and I think $5875 has become the high and corrections has began. Checking price chart this morning I discovered that the down channel's line has been broken and that signal a dropped in buying momentum and price may get below  $5,000. However, this is another opportunity to buy bitcoin at a very cheap prices as before the end of this year bitcoin might hit $7,000. This corrections is not going to be a long one,  it might just be three to four days and we would resumes another upwards movement again.

Well it may also have something to do with the upcoming hardfork this 25th. And judging from what happened with the aug1st hardfork, it won't take long before the price shoots up and hit record highs again.

[pearlmen]

I have been following bitcoin price since the recent upwards price movement and I think $5875 has become the high and corrections has began. Checking price chart this morning I discovered that the down channel's line has been broken and that signal a dropped in buying momentum and price may get below  $5,000. However, this is another opportunity to buy bitcoin at a very cheap prices as before the end of this year bitcoin might hit $7,000. This corrections is not going to be a long one,  it might just be three to four days and we would resumes another upwards movement again.

The downward correction we are seeing in price to me is what should be expected as we should even be more careful if the only thing we are seeing is increase in price that will not only led to loss of confidence, but also give the media something to feed on as a negative that they always wanted to get about bitcoin. The market is volatile no doubt but the volatility is what makes it so interesting that makes us wake up everyday to be confronted with new challenges and how we can help is navigating such.

[muncuss]

I agree to your point. I believe that the price will be around $4200 and then, bitcoin will have more strength to bounce back. Right now, bitcoin needs a small dump in order to become stronger. A dip will make bitcoin come back strongly and significantly. I have just sold all of my bitcoin so that I can wait for a next dump

too bad for you, it's started to rise slowly. And you really should forget about big dump in last month, it's different now, no big fud will bring btc below 44xx from 53xx