Sub 7k

[JTPhotography]

Hiccup or bubble burst?

[naf]

Hiccup or bubble burst?

Small correction, I think till $6800. Too early for the burst.

[Sanglotslongs2]

The burst will be after the fork. For the moment a lot of people bought it to have "freen money" on 16th november.

[fiulpro]

I think... Hiccups for right now and bubble brust for the situation after segwit2x.
Well its really very different from all the hard forks till noe , this segwit2x thus you cannot say that you know what will happen.. because there are many people claiming that segwit2x will take the crowd from bitcoins and it will then.. genuinely divide it.
Thus what if more than half of the community preferred the b2x?
It wi reduce the amount of investors and then the price.
Right now.. hiccups are happening and they will de down.. soon after the situation becomes clear.
Thus we still have to wait till 16 november to see about what happens next.

[cptdome1]

Last week was up greater than +30%, I think a small correction will be healthy.  I wouldnt mind buying more at lower prices!

[DarkGoddess]

Last week was up greater than +30%, I think a small correction will be healthy.  I wouldnt mind buying more at lower prices!

Last night I sold some of my btc, I honestly can see a price correction now before it will spike at the fork.

The current rise was not sustainable.

[LeGaulois]

Don't be surprised if you see a correction this week, it was to be excepted. There is nothing to be surprised about. But even if the price decrease to $6500 I am still happy. With Bitcoin you never know what can happen

Last night I sold some of my btc, I honestly can see a price correction now before it will spike at the fork.
The current rise was not sustainable.

When the price was $1000 people were saying it's too high when it was $2000 they were saying it's not sustainable when it was $3000 they started to buy bitcoins.
If the demands increase, the value increases with.

[Youghoor]

The burst will be after the fork. For the moment a lot of people bought it to have "freen money" on 16th november.

This is ridiculous, nobody is going to receive free money with this fork because it does not have replay action, it means, that if you dump your segwitx2 coins you are going to be dumping your bitcoins too, and this is how it works, and why it is so risky to sell if you are a newbie..
Segwitx2 coin is a very risky one, i dont mind about getting them for free, because we are not going to "receive" it.. It is just an ilution.

[BlockchainGod]

It seems to me too early to the bubble burst. This is a small collection before going for 8000$

[batang_bitcoin]

Hiccup or bubble burst?

Only a hiccups, the price seems to be corrected anyway and there's more to go. Why you keeps on talking that bitcoin is in a bubble now? Many are keep on telling that, anyway this small correction has been expected by many of us. A quick increase for just a short amount of time isn't a normal thing and it can't corrected if there will be no correction that's about to come, a very normal thing though.

[dzkazmi]

Oh bitcoin is dropping. My God.
7083.01 US Dollar. I wonder where it goes now. And wonder where it gonna go after the segwit2x.

[swogerino]

It is a price correction, price cannot go indefinitely up or down without small corrections. We cannot predict how the price of bitcoin will go, it has a lot of volatility and the best players are those who always take profit from the best moment , they buy it on the dip and sell it on the rise. Meanwhile the price in my Electrum wallet says 7144 dollars for a coin which is above 7K still.

[Jating]

Hiccup or bubble burst?

I still you spoke too soon because the market has rebounded above $7100. But yes, its just a minor price correction. I though that we will test $6500 again, but investors don't want to and they see a perfect buying opportunity below $7000 that's why the price has already gain a little bit.

It seems to me too early to the bubble burst. This is a small collection before going for 8000$

Yes, its too early. We need to wait till after the Segwit2x which is still less more than 10 days ago. Maybe some investors really just cashing it out and run with their profits. Nothing special here. Although it may occur again this week when the price hits $7500 in the next 2 days.

[cryptojedi]

It should stick around 7k until we hit the fork, mid Nov. After that, I d expect at least 20% retraction.

I do expect to see 10k by mid next year at the latest. What is going to happen to alts, that is one huge mystery!

[Yieng7th]

Hiccup or bubble burst?

correct price because it is increase too much this week more than 1,500$

[gentlemand]

I don't think we'll get a confirmed trend in either direction until the fork situation is a lot clearer or completely resolved. Until then people will be attributing too much meaning to any old moves that happen.

You don't get an epic bull run ending before you know the conclusion of something that might upend absolutely everything for a while at least.

[teilwalL05]

I don't think we'll get a confirmed trend in either direction until the fork situation is a lot clearer or completely resolved. Until then people will be attributing too much meaning to any old moves that happen.

You don't get an epic bull run ending before you know the conclusion of something that might upend absolutely everything for a while at least.

Yup! I think waiting for the Fork nearing approach would not hurt a bit I think we can get a concluding value we can get when it goes near, but for now we can get a clear view on what price it may fall,

Let's just say we are searching for a needle in a hay stock it is really impossible to predict right now, but I am hoping fo the price to reach a certain value of $7600 price because we had a couple of days before the impending Fork.

[ask]

Its in now correction period. Probably after seg2x done we will see a bigger correction on bitcoin price.
But after seg2x start to work properly then we will see that bitcoin going to have x2 transactions and more investors.

[hase0278]

Hiccup or bubble burst?

Probably what happened today and what will happen in the next few hours is just a hiccup and it is not yet a bubble burst. I think the most anticipated bitcoin price huge drop would be seen after the segwit2X fork. If bubble does not burst after the fork which is very unlikely, then it might continue to be stable at the price levels we see now before we see another crazy price movements.

[DaMut]

between Hiccups and Burst,
if we must choose it,of course it would be hiccups.
many people talking about Burst and i bet they did not understand what does that mean by 'burst'.
Burst will happen when the price hit a questionable price in a short time,
but right now it's not,even though the price kept climbing for the past few days.
even in my opinion,it's not its real value i believe Bitcoin price values should be around $10.000 more or less based on its supply.
so the best word to describe it would be hiccups,
it's just a correction,even though we will see a huge one.
it would be just a correction,no more than that i believe.