Bitcoin price fall below $5,500.

[bitcoinvestor]

This price correction was just a matter of time and I thing that it will, maybe, drop down to somewhere around $4600 but then it would start going back up again just as it did some days ago. It was expected after the price jumped for $1000 in 2 days.

it is usual that bitcoin is jump and down. When the price jump, means the number of demand increases and vise versa. the price now is about 5000- 6000. When bitcoin falls from 5800 to 5200, it is not too significant, I think it is just profit taking action by traders. I think we would worry if the price drops to 3000 from 5500. This a deep plunge.

[jaysabi]

This price correction was just a matter of time and I thing that it will, maybe, drop down to somewhere around $4600 but then it would start going back up again just as it did some days ago. It was expected after the price jumped for $1000 in 2 days.

it is usual that bitcoin is jump and down. When the price jump, means the number of demand increases and vise versa. the price now is about 5000- 6000. When bitcoin falls from 5800 to 5200, it is not too significant, I think it is just profit taking action by traders. I think we would worry if the price drops to 3000 from 5500. This a deep plunge.

But think about the people getting in to bitcoin at this point. If you're new and you're buying now, it's because you think this is easy money. You have no interest in the crypto or the blockchain, you're just a bandwagoner who hears stories about people getting bitcoin rich and you're looking for the same easy success. People like that are terrible for actual adoption, because they're the first to jump ship when it starts sinking. Without a doubt, I believe that there is a group of dedicated people who are pushing for actual adoption of bitcoin because they believe it's a superior system, but they are far outnumbered by the unsophisticated simpletons simply chasing momentum. My person opinion is this is a bubble at this point, and you should proceed at your own peril. The true bitcoin believers won't be able to sustain anywhere near this price when the pretenders start fleeing.

[anhhung409]

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.

Your predictions are quite well-founded as Bitcoin's prices have been stagnant recently. So let's take this opportunity and invest in Bitcoin, there is no sign that Bitcoin will cool down later this year. So, even if Bitcoin detains less than $ 5,500, there will still be plenty of it so you do not have to worry about its price dropping.

[chickenfried12]

now on preev price 5979 $  it will be down maybe a couple weeks and than on the max point will be 7K $  before end of this year and it ll be happens shortest time

than will see pricee fall donw or grow up

[LeoEspansq]

now on preev price 5979 $  it will be down maybe a couple weeks and than on the max point will be 7K $  before end of this year and it ll be happens shortest time

than will see pricee fall donw or grow up

I'm also waiting for bitcoin to reach the price of 7000 dollars. It seems to me that this is very likely in the next few weeks. Maybe immediately after the split

[Extr22]

less than 24 hour price up from 5,600 to 6,000 new fork made high effect

[Granxis]

Bitcoin prices may reach $ 5,500 after October 25. Because everyone is trying to benefit from division. Bitcoin gold will meet the expectation.

[adzino]

Bitcoin prices may reach $ 5,500 after October 25. Because everyone is trying to benefit from division. Bitcoin gold will meet the expectation.

We might see more stability in price after the fork instead of price falling. If everything goes smoothly, the price won't be an issue, just like the previous fork, where price went up when everything ended up being fine. Though this fork is more friendly and won't be causing any trouble to the network, and a bit different from the previous fork, the scenario might be a bit different.

[Freshmen]

This price correction was just a matter of time and I thing that it will, maybe, drop down to somewhere around $4600 but then it would start going back up again just as it did some days ago. It was expected after the price jumped for $1000 in 2 days.

it is usual that bitcoin is jump and down. When the price jump, means the number of demand increases and vise versa. the price now is about 5000- 6000. When bitcoin falls from 5800 to 5200, it is not too significant, I think it is just profit taking action by traders. I think we would worry if the price drops to 3000 from 5500. This a deep plunge.

Price is at 6200 USD and there is no chance of dump because new regions are joining the community of bitcoin and this will also give boost to the bitcoin demand and if bit of dump will occur that will also be favorable because user will be more attracted automatically and buying will be in business and this will result to more rise in future, and chance of profit will be high, so hope for the best price will go up more.

[Catswold]

This price correction was just a matter of time and I thing that it will, maybe, drop down to somewhere around $4600 but then it would start going back up again just as it did some days ago. It was expected after the price jumped for $1000 in 2 days.

it is usual that bitcoin is jump and down. When the price jump, means the number of demand increases and vise versa. the price now is about 5000- 6000. When bitcoin falls from 5800 to 5200, it is not too significant, I think it is just profit taking action by traders. I think we would worry if the price drops to 3000 from 5500. This a deep plunge.

Price is at 6200 USD and there is no chance of dump because new regions are joining the community of bitcoin and this will also give boost to the bitcoin demand and if bit of dump will occur that will also be favorable because user will be more attracted automatically and buying will be in business and this will result to more rise in future, and chance of profit will be high, so hope for the best price will go up more.

Its good to see that price is increasing now but there are high chances that we can fall back to that level after the fork and may be even lower then $5000 so one cannot be sure what exactly will happen in coming days but we should be positive and hope for the best and even price falls it will recover back soon before the year ends.

[omonuyak]

This price correction was just a matter of time and I thing that it will, maybe, drop down to somewhere around $4600 but then it would start going back up again just as it did some days ago. It was expected after the price jumped for $1000 in 2 days.

it is usual that bitcoin is jump and down. When the price jump, means the number of demand increases and vise versa. the price now is about 5000- 6000. When bitcoin falls from 5800 to 5200, it is not too significant, I think it is just profit taking action by traders. I think we would worry if the price drops to 3000 from 5500. This a deep plunge.

Price is at 6200 USD and there is no chance of dump because new regions are joining the community of bitcoin and this will also give boost to the bitcoin demand and if bit of dump will occur that will also be favorable because user will be more attracted automatically and buying will be in business and this will result to more rise in future, and chance of profit will be high, so hope for the best price will go up more.

Its good to see that price is increasing now but there are high chances that we can fall back to that level after the fork and may be even lower then $5000 so one cannot be sure what exactly will happen in coming days but we should be positive and hope for the best and even price falls it will recover back soon before the year ends.

I doubt if we would go below $5000 before the end of this year as a lot of activities favor bitcoin this days. Like op has said after the correction we may experience a serious pump and that is what happens. Bitcoin move close to $5,060 on 17th of this month and from we see a serious recovery the same day and as at this morning bitcoin went as high as $6,115. I think another little correction is underway as traders may likely take profit any moment from now.

[marseille]

This price correction was just a matter of time and I thing that it will, maybe, drop down to somewhere around $4600 but then it would start going back up again just as it did some days ago. It was expected after the price jumped for $1000 in 2 days.

it is usual that bitcoin is jump and down. When the price jump, means the number of demand increases and vise versa. the price now is about 5000- 6000. When bitcoin falls from 5800 to 5200, it is not too significant, I think it is just profit taking action by traders. I think we would worry if the price drops to 3000 from 5500. This a deep plunge.

Price is at 6200 USD and there is no chance of dump because new regions are joining the community of bitcoin and this will also give boost to the bitcoin demand and if bit of dump will occur that will also be favorable because user will be more attracted automatically and buying will be in business and this will result to more rise in future, and chance of profit will be high, so hope for the best price will go up more.

Its good to see that price is increasing now but there are high chances that we can fall back to that level after the fork and may be even lower then $5000 so one cannot be sure what exactly will happen in coming days but we should be positive and hope for the best and even price falls it will recover back soon before the year ends.

I doubt if we would go below $5000 before the end of this year as a lot of activities favor bitcoin this days. Like op has said after the correction we may experience a serious pump and that is what happens. Bitcoin move close to $5,060 on 17th of this month and from we see a serious recovery the same day and as at this morning bitcoin went as high as $6,115. I think another little correction is underway as traders may likely take profit any moment from now.

There is a full possibility that price can go below that level after the fork but even if it goes it won't take much time for price to recover back as in bitcoin you cannot expect that price will continue to go in same direction as its an combination of ups and downs so anything is possible when it comes to price of bitcoins.

[Sweetbtc]

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 you are correct, once the bitcoin value rose up to its peak then in few moment there will be a correction that gonna happen because some gets their profit and may come back to its range value again.
But we are really hoping for the that $7000 per bitcoin value this coming year end.

[AjithBtc]

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 you are correct, once the bitcoin value rose up to its peak then in few moment there will be a correction that gonna happen because some gets their profit and may come back to its range value again.
But we are really hoping for the that $7000 per bitcoin value this coming year end.

Quite often price correction takes place with bitcoin. Here, one thing we need to take into consideration that till now the correction happens with gradual growth. Now the scenario is same with similar form of growth, but the upcoming price pumping is based on an event. So we can't have a assured price correction as that we experience.

[meebs]

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 you are correct, once the bitcoin value rose up to its peak then in few moment there will be a correction that gonna happen because some gets their profit and may come back to its range value again.
But we are really hoping for the that $7000 per bitcoin value this coming year end.

Price has gone below $6k now which indicates that people have started to dump their coins in order to make good profits and there will be many people who will prefer to hold their coins till the end of the year as everyone is hoping that price can go even to 10000 usd at that time.

[Vladv26]

It is logically the price falls in the last time. It increased over 1000$ in one day wich is huge. Right now I think the price will be stable at 5500$ until the fork in november when it will either go up very much , either remain the same or a bit lower. Anyway the price is always increasing every year we just have to wait for it

[bitcoin31]

Today price of bitcoin is already 6000 dollars plus and I hope we see the price of 7k dollars this month or maybe before end of this yesr 2017.  So you can buy more bitcoin now with your extra money and for sure you will be happy to the result because you can earn more profit for sure in the future. Hold your bitcoin is the best to do right now dont panic selling even they have fork.

[Taki]

This price correction was just a matter of time and I thing that it will, maybe, drop down to somewhere around $4600 but then it would start going back up again just as it did some days ago. It was expected after the price jumped for $1000 in 2 days.

it is usual that bitcoin is jump and down. When the price jump, means the number of demand increases and vise versa. the price now is about 5000- 6000. When bitcoin falls from 5800 to 5200, it is not too significant, I think it is just profit taking action by traders. I think we would worry if the price drops to 3000 from 5500. This a deep plunge.

The price is dropping cause of people are selling their founds by new bitcoin's price records, but I think they will regret about this soon, especially those one who had big amount of coins. Look, the price extremely is getting close to 7000$, which I believe is going to be reached by the end of the year, so just imagine that kind of profit that people with huge amount of coins would have if bitcoin would cost 1000$ higher!

[Unplugged]

The pricing has reached a new all time high just few days back. As of today the pricing is $5519.64 which is the result of correction. The drop will always be the result of people cashing out there profit and it will stop soon and starts to increase again.

[Clark05]

If you seethe prive today the pruce of bitcoin decrease and its already 5600 dollars only last fee days the price is 6000 dollars . I hope yhe price of bitcoin will go back to yhe highest current price so we can make more profit. 7k dollars possible next month to happen so if you have extra money its better if you invest now in bitcoin but I suggest dont put all your money in bitcoin because they have possible the price to decrease again. Its up to you if you buy bitcoin or not.