Bitcoin price fall below $5,500.

[Cacingkemi]

The decline will happen ready ready for you to sell now to get a continuous profit,I see this decrease will happen until at 4k$-5k$ in november later you can buy back your BTC at that time.I also so but this is just a suggestion from me by the way all up to you because you decide when you sell.

[Yaunfitda]

Yes, but it looks like it should be expected as investors are getting their bitcoin back to their wallet and hodl again for long time. They just deposited it to exchanges in anticipation of the free coins coming from bitcoin gold, while others already sold off their bitcoins and shift back to their beloved altcoins. There's no special about it. It was expected and maybe it will still drop a little bit and then gain momentum once more for the November segwit2x implementation.

[Rooster101]

Bitcoin's going down again for the nth times? Upcoming events like that segwit2x affects the price movements of bitcoin but the corrections often occurs only in a several days and the price resume its upward swing again. The bitcoin has shown a strong resilience amidst Chinese crackdown of its cryptocurrency exchanges but later the price goes back to its climbing mood again. The temporary dip might be good to those who want buy a cheaper bitcoin.

[G2z_Riya]

At present the price is around $5500. If the same price decrease continues, automatically the value will go low as the stated less than $5500. Here most users have speculated that the price will grow soon, even if it goes much lower than $5500 based on the incoming users.

[gilangIDR]

Bitcoin's going down again for the nth times? Upcoming events like that segwit2x affects the price movements of bitcoin but the corrections often occurs only in a several days and the price resume its upward swing again. The bitcoin has shown a strong resilience amidst Chinese crackdown of its cryptocurrency exchanges but later the price goes back to its climbing mood again. The temporary dip might be good to those who want buy a cheaper bitcoin.

I saw an exchanger this morning and it turns out the bitcoin price dropped quite drastically. The first time I was anxious and wanted to sell the bitcoin I had. But I think because of the experience that happened earlier that this will only last a moment only and the price will likely increase again. I try to wait until the price returns to normal rates as before. It takes patience and confidence to be able to believe in the power that bitcoin has.

[Reatim]

Bitcoin's going down again for the nth times? Upcoming events like that segwit2x affects the price movements of bitcoin but the corrections often occurs only in a several days and the price resume its upward swing again. The bitcoin has shown a strong resilience amidst Chinese crackdown of its cryptocurrency exchanges but later the price goes back to its climbing mood again. The temporary dip might be good to those who want buy a cheaper bitcoin.

I saw an exchanger this morning and it turns out the bitcoin price dropped quite drastically. The first time I was anxious and wanted to sell the bitcoin I had. But I think because of the experience that happened earlier that this will only last a moment only and the price will likely increase again. I try to wait until the price returns to normal rates as before. It takes patience and confidence to be able to believe in the power that bitcoin has.

This is just normal for bitcoin, another roadblock to overcome. No need to be anxious and nervous. The panic dumping has started but I'm sure it will just be temporary. I think bitcoin holders are just cashing out nothing more. The marketcap didn't move that much so I guess only few traders have really moved their balances to altcoins. Just traders cashing out and exchanging to fiat and enjoy their easy free money from bitcoin cash. I'm sure once the price goes a little bit lower, almost at $5000, they will start buying back bitcoin again. Just trust and believed in the system and we are going to be all right.

[Budugbass]

Price movements fall below $5500 I believe this is only a temporary price movement before it moves up again, I don't think bitcoin price will not go down until it reach at $4000 it can still moving higher above $5500 might even to reach $6000 again. Well hope so, I just expected it only.

[traderethereum]

Price movements fall below $5500 I believe this is only a temporary price movement before it moves up again, I don't think bitcoin price will not go down until it reach at $4000 it can still moving higher above $5500 might even to reach $6000 again. Well hope so, I just expected it only.

now the price down $53xx and still going down but i still believe that the price will go up again. be patience to wait the process its finish and don't panic to see this, use this chance to buy more bitcoin because the price is down. we don't know until how much the price will down but we can use the opportunity to buy again. i think the price will go up after this end of the month so in next month, bitcoin will be stay at the top price again.

[calypsox1]

The decline was expected after the pump in past few days but i'm sad as I need to sold some BTC to pay daily expenses. And could do it yesterday when was +10%.

[Gabz999]

The decline was expected after the pump in past few days but i'm sad as I need to sold some BTC to pay daily expenses. And could do it yesterday when was +10%.

Me too, I also sold some of my bitcoins to help out my daily needs but I did that yesterday. I know this price is normal and a normal price correction. After reaching the top price for this month and We hope that it wont drop that into deepest.

[8270thNinja]

We still have the November Fork, this price fall is expected and if it will continue to fall down before november fork then we will wait more time to watch another uptrend for bitcoin's price.

[erk]

It's just people trying to short the markets like usual, it will flip around.

[leonair]

The decline was expected after the pump in past few days but i'm sad as I need to sold some BTC to pay daily expenses. And could do it yesterday when was +10%.

Me too, I also sold some of my bitcoins to help out my daily needs but I did that yesterday. I know this price is normal and a normal price correction. After reaching the top price for this month and We hope that it wont drop that into deepest.

Many people tend to panic sell their coins when Bitcoin's price goes down after the price hike and I am feel sorry for them because they think the price of Bitcoin is always going up and there is no corrections that will occur. All those issues that is thrown in Bitcoin is nothing now and we must all trust the system if we really believe in the growth of Bitcoin despite of the plummet in prices.

[8270thNinja]

Panic selling and Weak Hodlers as usual and one of the reason is ALTCOIN uptrend is on it'w way since BTG fork have already been done. Let's wait after the november fork on what will happen to Bitcoin's price.

[Fuhre]

The decline will happen ready ready for you to sell now to get a continuous profit,I see this decrease will happen until at 4k$-5k$ in november later you can buy back your BTC at that time.I also so but this is just a suggestion from me by the way all up to you because you decide when you sell.

I also feel that way, the price will go down bigger than before.
So when the price starts to fall we should be ready to buy as much as possible, because my speculation after bitcoin drops there will be a very significant increase, maybe after the decline it will rise back beyond the previous price.

[DaddyMonsi]

It's down to $5,300 earlier and climbed a bit to $5,500 this is not a surprise since market correction always follow after the recent gain of BTC price. Also, consider those who dumped their alts in exchange of BTC in anticipation of BTG, since snap shot was already taken, they are back again in alts thats why if you notice alts price are now back to green.

[alisafidel58]

The down fall of bitcoin price has stared due to the bitcoin gold fork and some bitcoin user are on panic, ive been looking at the market lately and the price is steadily going down for the past 5 days now.

[Eugenar]

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 agree with you. There's no need to worry about its value which is now falling under 5500$ upon reaching 6000$ recently. It will surely increase after the hardfork and as you've said, this is the best time to buy and hold since it is already expected that Bitcoin will be able to reach a market value of 7000$ meaning, buying Bitcoin today will yield to huge profit after the fork.

[wizmo]

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 quite possible that bitcoin will reach $7000 by the end of this year. I think corrections will be a month long and we can see price will drop below $5000 as many people started to invest in altcoins and when they will get their profit they will return to bitcoins. I think this is normal no need to panic sell your bitcoins.

[audrey12]

The price of bitcoin is dropping again and if investors are watching the board they must started investing now. The last price was $6200 and if the correction will took place before the closing of this year buying bitcoin today can assure you a good return on investment since there's a lot of prediction that bitcoin will reach $7000 this December.