Bitcoin price fall below $5,500.

[boyptc]

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 it's a good opportunity to buy bitcoin now, I check it out and it's now at $5,396 so if you are a dip buyer this is the best time to buy now. A normal correction is just happening today so expect that all profit takers are going to be back soon before the hard fork, they don't want to miss the chance of getting a free coin. Whether it will be important or not, free coin is equals to free money.

[Razick]

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.

Ummm, no offense, but what "downward correction" might you be talking about? There has literally be a jump from $4,800 up to $5,500 in the past 72 hours and the price is still $5,350. I would not call that a downward correction, but more so like a regular fluctuation. The price does not constantly go up every single day. There are going to be multiple days in a row where we see small drops.

[dancingnancy]

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 if the prices are constantly going down at a slow pace it will be perfect to buy more bitcoin, to get assured profits as the prices will kick back again to higher prices. We will be closing in to 7k by the end of the year so buying now seems to be a reasonable deal.

[futuret]

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.

Not only the bitcoin user but the people who are getting the bitcoin bear being the bitcoin part and they are getting more powerful. The price of the bitcoin is increasing now from 5000$ not for bitcoin people who are getting into the bitcoin so I like the bitcoin for the increasing price and the importance of the bitcoin, almost all the people are investing in the bitcoin and they are being a part of the bitcoin now.

[Yadstiker]

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.

Ummm, no offense, but what "downward correction" might you be talking about? There has literally be a jump from $4,800 up to $5,500 in the past 72 hours and the price is still $5,350. I would not call that a downward correction, but more so like a regular fluctuation. The price does not constantly go up every single day. There are going to be multiple days in a row where we see small drops.

Honestly there is no downward correction but rather than a retracement. This always happens every big pumps, although nobody knows what will be the highest leak price when it pumps, but usually those are aftershocks like an earthquake. So expect nothing less in bitcoin, it has fluctuations that can happen anytime around.

[maku]

Just buy Bitcoin at any price really, small price dip will only help you. Don't falter, don't wait too long, don't think that current price is 'too high' already.
Because it isn't! We are destined to reach $10k soon. Have you heard that Indian government is working on Bitcoin legalization?
When they finally push that cryptocurrency legislation - we will reach price like never before. We have exciting times ahead, gentlemen.

[Kprawn]

I think some whales are dumping coins to scare some newbies to sell their coins before the fork. They need to get their hands

on some more coins before the fork and everyone is hoarding at the moment. The only way for them to get some more cheap

coins, would be to scare some people with a mini dump. Once the price dropped, they buy back at a cheaper price and use the

profits to buy some "newbie" coins. 

[UCHCHILD]

The price variatiom or correction is really normal, especially when somebody wants to manipulate the attention of those new comers and new investors.

And yes we are really hoping that this coming year end will.gonna reach the $7000 valued per bitcoin especially after hard fork done. Anyway pumping and dumping is really normal, the abnormality will goes if the coin teach so high continuously with out any reason and dump suddenly to deep.

[simbo]

I would probably buy some Bitcoins ( I have only Etherium yet). Thanks for the information, let's check the prices now again. If it's not rising, I will buy some probably as it will become $6k by the end of the year for sure

[katiecbell]

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.

May be it come down to $5000, but not to $4000 and it must be in everyone mind that it will once again jump to $6000 even in a week time because from the past experience we have learned when the price was $2000 and it jumps to $4000 within very short period time but then it was come down just to $3000 and then once again get a rise in the price. I predict that at the end of this month bitcoin will touch the figure $6000.

[santino11]

this is what bitcoin is ! the votality on the chart is rerally amazing and a sure profit for every traders/investors.

[xSkylarx]

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.

You're definitely correct about the fact that all of this is due to corrections. I suspect that once BTC hit 5,500, a decent amount of investors decided to sell. However, there must have been more people trying to hop on the boat, so the evaluation rose to 5,800. Either way, it seems like there will soon be another big jump.

Yes I think there will also be a big jump if I am not wrong there will be another hard fork for bitcoin,
So I think there will be a huge pump because a lot of people would want to save or have bitcoin before the fork to have another free coin.

[criz2fer]

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.

You're definitely correct about the fact that all of this is due to corrections. I suspect that once BTC hit 5,500, a decent amount of investors decided to sell. However, there must have been more people trying to hop on the boat, so the evaluation rose to 5,800. Either way, it seems like there will soon be another big jump.

Yes I think there will also be a big jump if I am not wrong there will be another hard fork for bitcoin,
So I think there will be a huge pump because a lot of people would want to save or have bitcoin before the fork to have another free coin.

Correct. That's why altcoins become bloody before the fork due to this new coin which will be Bitcoin Gold. Hope that a pump after the fork will happen. I think because of this upcoming fork why people also stop buying bitcoin because they are not sure if the price will pump or dump after this. For me, big jump will occur on the last week of the year.

[supine]

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.

This might be correct, however, we will see how bitcoin price will do after the upcoming hard fork, a lot of bitcoin users are holding all the bitcoins they can because they want to get easy money this upcoming hard fork. I really think that this hard fork will be just the same as bitcoin cash. Bitcoin will still be number one after it.

[Kemarit]

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.

You're definitely correct about the fact that all of this is due to corrections. I suspect that once BTC hit 5,500, a decent amount of investors decided to sell. However, there must have been more people trying to hop on the boat, so the evaluation rose to 5,800. Either way, it seems like there will soon be another big jump.

Yes I think there will also be a big jump if I am not wrong there will be another hard fork for bitcoin,
So I think there will be a huge pump because a lot of people would want to save or have bitcoin before the fork to have another free coin.

Its really hard where the price would be before and specially after the fork. If you look at it last Aug. 1, bitcoin surges ahead with a $1000 spike in 24 hours. So this scenario could also happened in Oct. 25. But what I see is that the investors jump too early, that's why we see a sudden slump in the price just 2 days ago. So its gonna be a roller coaster ride up to the day of the actual fork. I remember I stayed late just to see what will happened on Aug. 1. LOL. But as long as you have bitcoin is a wallet or even exchanges that supports the fork,, you will get your free coins. Just be careful though because there will be a lot of phishing sites that will claim can give you the free bitcoin gold by providing them your private keys. Be careful otherwise our bitcoin will be gone together with your free money.

[polymerbatt]

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.

This might be correct, however, we will see how bitcoin price will do after the upcoming hard fork, a lot of bitcoin users are holding all the bitcoins they can because they want to get easy money this upcoming hard fork. I really think that this hard fork will be just the same as bitcoin cash. Bitcoin will still be number one after it.

Do you think the price of bitcoin will stay or even increase after the upcoming hard fork ? I think people holding bitcoin and even buy more today because they want bitcoin gold, that's why the bitcoin price increasing so high right now. After the fork ? We don't know man.

[paul gatt]

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, there are always adjustments when the bitcoin value goes up too fast. And I think that these adjustments are reasonable, it is completely beneficial for bitcoin and the whole market. It does not inhibit bitcoin. It just makes bitcoin more stable.

[peter0425]

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.

This might be correct, however, we will see how bitcoin price will do after the upcoming hard fork, a lot of bitcoin users are holding all the bitcoins they can because they want to get easy money this upcoming hard fork. I really think that this hard fork will be just the same as bitcoin cash. Bitcoin will still be number one after it.

Do you think the price of bitcoin will stay or even increase after the upcoming hard fork ? I think people holding bitcoin and even buy more today because they want bitcoin gold, that's why the bitcoin price increasing so high right now. After the fork ? We don't know man.

No one can correctly predict the movement of the price specially in this kind of market. And with the upcoming fork, we just hope for the best that we will be going up. But if this is will not be true, then we need to adjust with the situation. For now its just a waiting game. So the best point of attack is just to really hold and get the free bitcoin gold and buy more bitcoin and hodl it for long haul. That's why a conservative investors do so that they won't be stressed out because bitcoin is really a volatile market. Hodl and buy in dips. Rinse and repeat that method. And I'm sure that you will not be stressed out or nervous if the price goes down.

[wantjokull]

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.

Like it when someone push bitcoin speculation further imagination. Why someone wouldn't say that after so many years we have seen its immediate hike from 500$ to all up 6K USD last week. I mean if this continues then yeah 7k is surely possible in a month and going beyond that we can see 10k hike at next year start. Feeling like to stack up some bitcoins today only. This is all result of people's stable investment. Most of people are now trusting bitcoin in future perspective and hence its price hike stabilising.

[HatakeKakashi]

As of now the price of bitcoin is 5800 and dollars. Last few hours the price of bitcoin yesterday is lpwer than 5500 dollars. But if you see it will increase again and i hope the price will continue so those people have bitcoin in their wallet can earn a lot of profit in the future. I suggest to those peope have bitcoin its better to hold your bitcoin and keep buying because possible the price become 7k dollars.