Bitcoin Price Moving Towards $7500, Market needs a crash

[cluit]

Bitcoin price in India is hitting all records and now the price is moving towards the level of Rs. 500000 and its the signal of price correction. I think the next few days are crucial and we should be ready for a crash.

In the bull run, the market captures positive news and ignores small negative news. When people starts selling to make profits, the prices goes down and every negative news are highlighted which can lead a crash.

Market Needs Crash

There will be evemtually as it can't all be up evrytime. What goes up must and will go down and i think that will be the case though it's going to be more of a correction than crash. Bitcoin's garnered great support recently to even think of a crash anytime soon

The way bitcoin market’s price is increasing and that too with each passing moment, I don’t think so that there will be a crash in the near future.

In fact, the market price of bitcoin will keep on increasing in the coming days as well and this is the thing which will help the investors in making their dream of getting rich to become true. I am very much hopeful that the market price will increase in the future.

[1713959382]

1713959382

[1713959382]

1713959382

[justspare]

Bitcoin price in India is hitting all records and now the price is moving towards the level of Rs. 500000 and its the signal of price correction. I think the next few days are crucial and we should be ready for a crash.

In the bull run, the market captures positive news and ignores small negative news. When people starts selling to make profits, the prices goes down and every negative news are highlighted which can lead a crash.

Market Needs Crash

Media is making things complicated, they make people panic and think of crashing. I dont see bad thing once bitcoin's goes down. Its actually a good thing because we could buy greater volume of bitcoin. Its normal for bitcoin to change its value from time to time, this is its basic nature; volatility. Better not to be affected by media, bitcoin will continue to rise and pump in value but there will also normal times of droping.

Media has its own purpose of keeping the people aware about recent situations but you must not mold your thoughts according to the daily highlights about bitcoins .We all have pretty much idea about the dump and pump in the prices.

It is quite a normal thing that the market faces a crash when investments get increased due to volatility of the price increasing unexpectedly beyond the scales .Hence there is nothing to get worried about just keep your Btcs in hand.

[Kurokonobasuke]

Bitcoin price in India is hitting all records and now the price is moving towards the level of Rs. 500000 and its the signal of price correction. I think the next few days are crucial and we should be ready for a crash.

In the bull run, the market captures positive news and ignores small negative news. When people starts selling to make profits, the prices goes down and every negative news are highlighted which can lead a crash.

Market Needs Crash

Your wish already happened. The market value of bitcoin fell down to 6300$ at this moment. Other consider it as a disadvantage because it will no longer reach the 10000$ before this year end. And ither says that it is an advantage because they will invest to Bitcoin at low price then hold until its value rise again.

[davinchi]

Actually , yes . Market do need a crash . Bitcoin is going up too fast which may affect its market in the long term .
All this sudden price hike can lead to a huge dip  . Due its instability many of investors are not willing to invest on bitcoin  .
Nowadays less signature campaigns are found on the forum which clearly indicates no one is willing to pay such huge price and invest on bitcoin . The upcoming fork may also lead to its downfall . So  right now , bitcoin does need a crash .                               

Haah…well I’m making profit, so I don’t really care much about whether the price should be corrected or not. But one thing that worries me sometimes is that the high rate we draw lots of attention towards bitcoin, especially government. And I don’t know if the government will really be in support of that, cause they’ve always called Bitcoin money laundering. Don’t know, but sometimes my mind do think about price being corrected to something low.

[Maheshkumar_Hrangkhawl]

Actually it is moving towards the $10,000 mark. A lot of investors had pulled out anticipating the SegWit2X fork. They are returning now.

[BERMUDAL]

Actually it is moving towards the $10,000 mark. A lot of investors had pulled out anticipating the SegWit2X fork. They are returning now.

i don't believe that is true. as you can see the crypto marketcap is reaching new ATH's. this suggests new money is flowing in. i believe it will reach 9-9.5k because most people anticipate 10k, so there will be a huge sell off in that area.

The new money that is flowing in, is in anticipation of wall street who will start selling futures of bitcoin on the market at the end of november - start of december. By selling futures the bitcoin price can get another boost because there will be alot of new money flowing in by wallstreet traders.

Thats how i see it, simply stating my vision don't mistake it with a fact haha

[Kevin77]

I don't think  market will clash as there is no reason for that. Bitcoin has make a high significant progress for some time now and we have not witness any clash except the one that happened between 12 to 18 of September and a little corrections we have along the way. We are going to have some little corrections in another push towards  $8,000 and those corrections create opportunity for us to buy low.

A reason could come up and I am pretty sure the market is strong enough to handle that. In as much as most people want a crash to be able to buy at a cheaper rate, we have to understand that everyone cannot always eat their cakes and have it which is why there won't be a huge crash no matter the news.

Anyone that makes a mistake dumping their coins now without verifying the news properly will only end up screwing themselves up eventually while they transfer their future to someone else and end up buying it at a higher value.

[btcjocan]

I don't see any market crash soon.. the trend is just going up. This only suggest how persons really need bitcoin these days. I just hope it does stay the same as what I am seeing it to be the future of all currency.

So do I. I don't imagine that there will be a market crash soon just because of the increase of bitcoin's value. Even if it will reach $8000, I think it will not happen because the moment that there will be a lot of people who will keep on investing in bitcoin, there will be another bitcoin that will be produced since people are investing bitcoin now and never sell it for just a small price.

[Domenc]

The days for the crash are gone, everyone expected a crash near Segwit2x but now that is also over. Bitcoin has passed the correction phase also and the crash that was expected was created after the announcement that Segwit2x has been called off when Bitcoin started following towards alt coins and particularly Bitcoin Cash. But all these things are now over and Bitcoin is back on the track for touching $10,000 before the New Year.

[jaysabi]

soon there will be a crash since the segwit2x fork will come soon and that will end the price bubble there's a lot of panic sellers mostly first time in trading industry even tho they only have little profit they will gonna sell it asap when the price starts dumping. but for me no matter what happen im gonna hold my coins. holding it for a long term is more profitable .

Well, we certainly had the SegWit2x crash you called for, though probably not for the reason you anticipated (the cancellation of SegWit instead of the implementation of it). Also worth pointing out that the market has recovered from that SegWit-related crash back to it's pre-crash highs in the upper $7000s. It hasn't done anything to alleviate my concern that this may be a bubble. The thing about bubbles is you only get confirmation they were a bubble long after they've popped and sanity is restored in the market.

[SaShiRaJaVu]

What do you think the Bitcoin price will be at the end of December? I think $10,000

It is easy to come up with predictions when the rally is going on but what i need to see is a big correction,i expected it when the 2x fork was called off and the market just bounced back in a few trading hours and i thought that was the right time for a good market correction,but these rallies are worrying me as i have dumped my coins thinking i could get back when there is a correction and i am still waiting.

[tdrinker]

Bitcoin price in India is hitting all records and now the price is moving towards the level of Rs. 500000 and its the signal of price correction. I think the next few days are crucial and we should be ready for a crash.

In the bull run, the market captures positive news and ignores small negative news. When people starts selling to make profits, the prices goes down and every negative news are highlighted which can lead a crash.

Market Needs Crash

I think the same could've been applied to even just yesterday when bitcoin reached 8k again, perhaps not a 'crash' but a correction was needed, people seem to ignore the obvious trend that when bitcoin pumps hard it inevitably will crash/correct shortly after.

[batang_bitcoin]

By the time this thread was created it was back at November 3, 2017 the price was $7,500 and after a couple of weeks we had the bitcoin cash drama, civil war against bitcoin. And by looking at the price of bitcoin now, it is at $7,755 looks great to see that after a big dump and crash bitcoin still managed to get back at the peak. And the movement of bitcoin's price will not be stopped and no one can ever try to pull it down.

[palle11]

By the time this thread was created it was back at November 3, 2017 the price was $7,500 and after a couple of weeks we had the bitcoin cash drama, civil war against bitcoin. And by looking at the price of bitcoin now, it is at $7,755 looks great to see that after a big dump and crash bitcoin still managed to get back at the peak. And the movement of bitcoin's price will not be stopped and no one can ever try to pull it down.

The price and increase of bitcoin is always a wonder. The price of bitcoin has marveled its speculators, stunning them with an unexpected increase.

We have really witnessed a tremendous increase in the value of bitcoin since this year and we can't now be certain of what it will close with this year since it has gone to all time high of $8,400 plus. And , or whether we are going to have a dive.

[jaysabi]

I don't know what to say on this effect but it's like and the price is going up the peoples are getting more interested in Bitcoin. Even from my locality many people have requested they want to know about Bitcoin, so I think Bitcoin is being adopted more frequently in all over the world and with this page I think we can cross $10,000 in around 2 years.

Without the massive price appreciation, most people would not be interested. The people buying bitcoin aren't buying because they think it's a system that is better than fiat or the USD, but because they view it as a system for acquiring more fiat in a fast and risk-free manner. The price appreciation has made people irrational. So you're right, the price going up is getting more and more people interested, and it's the wrong type of people because of the reason they're getting interested.

[Harrisonimo]

Bitcoin price in India is hitting all records and now the price is moving towards the level of Rs. 500000 and its the signal of price correction. I think the next few days are crucial and we should be ready for a crash.

In the bull run, the market captures positive news and ignores small negative news. When people starts selling to make profits, the prices goes down and every negative news are highlighted which can lead a crash.

Market Needs Crash

I don't see enough reason why the bitcoin price should crash all because it is hitting the 7,500$ of which as at today, it has hit past 8,000$. This is not just about following the rule of whatever has fone up, must come down. If bitcoin price must come down, it has to be a well deliberate and calculated action. I did hear if the anticipated crash do happen, there will be a reinforcement later. The crash in price avails a lot more people to come buy into bitcoin more; an open window.

[Izarok]

Bitcoin price in India is hitting all records and now the price is moving towards the level of Rs. 500000 and its the signal of price correction. I think the next few days are crucial and we should be ready for a crash.

In the bull run, the market captures positive news and ignores small negative news. When people starts selling to make profits, the prices goes down and every negative news are highlighted which can lead a crash.

Market Needs Crash

Crash for what? Maybe a correction is the right term. Most crashes only benefit the whales but some hodlers can make profit in it too but only a little compared to that off the whales. A frequent crash is not a good sign but a regular correction every all time high would suffice.

[Kemarit]

I don't know what to say on this effect but it's like and the price is going up the peoples are getting more interested in Bitcoin. Even from my locality many people have requested they want to know about Bitcoin, so I think Bitcoin is being adopted more frequently in all over the world and with this page I think we can cross $10,000 in around 2 years.

Without the massive price appreciation, most people would not be interested. The people buying bitcoin aren't buying because they think it's a system that is better than fiat or the USD, but because they view it as a system for acquiring more fiat in a fast and risk-free manner. The price appreciation has made people irrational. So you're right, the price going up is getting more and more people interested, and it's the wrong type of people because of the reason they're getting interested.

In addition, those kind of people who are in it for a fast and risk-free manner and also the same people who are going to immediately sell bitcoin in case their is a price dip. The mindset that bitcoin is a quick rich scheme is very wrong from the beginning. And as far as a market crash, its certain to happen, but no one knows when. Still the price today is above $8100 which is very strong still. And we are holding it and the crash to $7500 has never occurred. The only thing that will make bitcoin and any market to really crash is that a negative news or an attack to the bitcoin ecosystem. But as always, sometimes we really need some market correction to go to the next level.

[ActiveMars]

Bitcoin price in India is hitting all records and now the price is moving towards the level of Rs. 500000 and its the signal of price correction. I think the next few days are crucial and we should be ready for a crash.

In the bull run, the market captures positive news and ignores small negative news. When people starts selling to make profits, the prices goes down and every negative news are highlighted which can lead a crash.

Market Needs Crash

There will be evemtually as it can't all be up evrytime. What goes up must and will go down and i think that will be the case though it's going to be more of a correction than crash. Bitcoin's garnered great support recently to even think of a crash anytime soon

The way bitcoin market’s price is increasing and that too with each passing moment, I don’t think so that there will be a crash in the near future.

In fact, the market price of bitcoin will keep on increasing in the coming days as well and this is the thing which will help the investors in making their dream of getting rich to become true. I am very much hopeful that the market price will increase in the future.

But BTC price need correction. Its price always gets higher and higher, and if market wouldn't get correction — next BTC dump could have horrible consequences
.

[shield132]

It's another thing what does market needs and another one what will happen. We have never been in such situation, bitcoin is still new coin, there will be halving, popularity of coin increases and a lot...... So no one can exactly say if it even needs crash or not. Maybe someone will say yes to sell it and buy when it crash, then sell when it rises and make profit. Maybe everyone wants it but as we see it doesn't happens and there is nearly 1 year that bitcoin rises.