Will BTC go back to 7k+?

[posi]

There is no denying that bitcoin make a tremendous increase in price since last weekend and it currently strong at the $8100 price range which shows that the price per bitcoin will reach $10K anytime soon. But I see some dip happening this coming weekend before bitcoin could reach another ATH.

[h0lybyte]

There is no denying that bitcoin make a tremendous increase in price since last weekend and it currently strong at the $8100 price range which shows that the price per bitcoin will reach $10K anytime soon. But I see some dip happening this coming weekend before bitcoin could reach another ATH.

I am also feeling bitcoin's strength this time, it is freezed at $8100 price range since a couple of days.
Therefore, bitcoin can reach $10k anytime. So in my opinion, it is not right time for short term investors.
However, long-term investors have still probability of decent profits by investing now before it heads to $10k

[Palmerson]

I like this period of relative peace. Bitcoin stabilized and is now possible to predict your profit. Maybe you'd think I was abnormal but I don't want bitcoin have been rising steadily in price. I think that everything that we earned, now we will lose then. Because of this situation, with bitcoin we see that many companies are increasingly looking in the direction of the dollar. Everyone is interested in stability.

[South Park]

I like this period of relative peace. Bitcoin stabilized and is now possible to predict your profit. Maybe you'd think I was abnormal but I don't want bitcoin have been rising steadily in price. I think that everything that we earned, now we will lose then. Because of this situation, with bitcoin we see that many companies are increasingly looking in the direction of the dollar. Everyone is interested in stability.

Enjoy it while it lasts because bitcoin will not remain in this state indefinitely, as you say more people and business are looking at bitcoin and the more people are interested in bitcoin the bigger the demand and we already know what happens then right, the price goes up.

[Izarok]

Hi,

i did massive project and got talked into getting paid 100k in BTC when it was at 7,7k rate. By the time i received it on my account it was much lower, and its 5,5k now.



I need to make a decision, should i sell them now to get something or wait and loose most of it or is there a good chance BTC will recover?


I am not a BTC trader so don't know anything about this world but losing that much money makes me cry :/

Or should i change it to some other crypto that expects to be rising soon to recover those losses?

What would you do if you got 100k in 7,7k BTC rate and you have it at 5,5k rate now??


Thanks for helping me deciding this!

MultiBill

P.S: This 100k is my whole years salary:/

It already did and go ways beyond it. The current pricing is at $8200 and it is not yet the end of the year. Things have been going so smoothly due to the cancellation of Segwit2x.

[tam31]

Hi,

i did massive project and got talked into getting paid 100k in BTC when it was at 7,7k rate. By the time i received it on my account it was much lower, and its 5,5k now.



I need to make a decision, should i sell them now to get something or wait and loose most of it or is there a good chance BTC will recover?


I am not a BTC trader so don't know anything about this world but losing that much money makes me cry :/

Or should i change it to some other crypto that expects to be rising soon to recover those losses?

What would you do if you got 100k in 7,7k BTC rate and you have it at 5,5k rate now??


Thanks for helping me deciding this!

MultiBill

P.S: This 100k is my whole years salary:/

Bitcoin already reached a price high enough to allow you to withdraw with a small profit so if you want your money, right now is the chance to withdraw and enjoy your money, now if what you want to do is to invest there is no point to sell now if you plan to hold for a long time.

Exactly. You can already sell your coins if you want a small profit, but most of the investors are waiting for Bitcoin to rise even higher. It would be very foolish to sell them now. While you can have more.

Hold it longer and you will see a good profit from Bitcoin. If you have the patience of course.

[SamsungBitcoin]

All the things may be possible in bitcoin, it can be lower at $5k or it will rise $10k before this year was end. For me if you already see profit in your investment it is good to sell your bitcoin for secured income.

And i do not like you to invest all your saving in bitcoin just only invest the amount that you can afford to lose. Dont risk it all, we do not know what will happen in bitcoin tomorrow, other day, next month or nex year that is why be wise on investing money.

[Hamstead]

Though we definitely amazed of the continuously fast increase of bitcoin and it is now reaching $8k but we can certainly deny that, it could be possible that it goes back to $7k anytime. But it couldn't  go down lower that $6, hopefully it wont.

Because the most commonly reason of bitcoin price inflation is the creation of segwit2x. As we remember, after the cancellation of hardfork bicoin price goes down but after a few days it will back to its trend again. And now, bitcoin price go higher that everyone never expected as it only happens in few days event.

[South Park]

Hi,

i did massive project and got talked into getting paid 100k in BTC when it was at 7,7k rate. By the time i received it on my account it was much lower, and its 5,5k now.



I need to make a decision, should i sell them now to get something or wait and loose most of it or is there a good chance BTC will recover?


I am not a BTC trader so don't know anything about this world but losing that much money makes me cry :/

Or should i change it to some other crypto that expects to be rising soon to recover those losses?

What would you do if you got 100k in 7,7k BTC rate and you have it at 5,5k rate now??


Thanks for helping me deciding this!

MultiBill

P.S: This 100k is my whole years salary:/

Bitcoin already reached a price high enough to allow you to withdraw with a small profit so if you want your money, right now is the chance to withdraw and enjoy your money, now if what you want to do is to invest there is no point to sell now if you plan to hold for a long time.

Exactly. You can already sell your coins if you want a small profit, but most of the investors are waiting for Bitcoin to rise even higher. It would be very foolish to sell them now. While you can have more.

Hold it longer and you will see a good profit from Bitcoin. If you have the patience of course.

More than patience I think people need a strong conviction of what bitcoin can become you can be the most patient person in the world but when people see bitcoin losing a lot of value in a single day they panic, this is why you need to be sure of your investment even when many people around you are telling you to sell.

[ajochems]

Hi,

i did massive project and got talked into getting paid 100k in BTC when it was at 7,7k rate. By the time i received it on my account it was much lower, and its 5,5k now.



I need to make a decision, should i sell them now to get something or wait and loose most of it or is there a good chance BTC will recover?


I am not a BTC trader so don't know anything about this world but losing that much money makes me cry :/

Or should i change it to some other crypto that expects to be rising soon to recover those losses?

What would you do if you got 100k in 7,7k BTC rate and you have it at 5,5k rate now??


Thanks for helping me deciding this!

MultiBill

P.S: This 100k is my whole years salary:/

Bitcoin already reached a price high enough to allow you to withdraw with a small profit so if you want your money, right now is the chance to withdraw and enjoy your money, now if what you want to do is to invest there is no point to sell now if you plan to hold for a long time.

Exactly. You can already sell your coins if you want a small profit, but most of the investors are waiting for Bitcoin to rise even higher. It would be very foolish to sell them now. While you can have more.

Hold it longer and you will see a good profit from Bitcoin. If you have the patience of course.

More than patience I think people need a strong conviction of what bitcoin can become you can be the most patient person in the world but when people see bitcoin losing a lot of value in a single day they panic, this is why you need to be sure of your investment even when many people around you are telling you to sell.

My opinion is their a chance for the price change to 7000$.But it takes some more days,now the price of bitcoin make stable at 8000$.Some fluctuations of price will happen sure.If it so,it will reach the lowest end 7000$.If you had seen this price, don't waste a second to buy a Bitcoin.Upto now,it's very hard to buy a Bitcoin at 7000$,the value will not move lower than 7000$.

[lili song]

It could be, will be back to 7k+. Now bitcoin reach $ 8,100. Still possible the price will down to 7k+.
I know, no one knows when bitcoin can be stable. But now BTC still profitable to invests !

[asu]

It could be, will be back to 7k+. Now bitcoin reach $ 8,100. Still possible the price will down to 7k+.
I know, no one knows when bitcoin can be stable. But now BTC still profitable to invests !

Definitely, bitcoin can drop again in $7,000 because we are just in $8,400 so basically if bitcoin still increasing their price until it goes in $10,000 i don't probably think if bitcoin will still drop again in $7,000 or maybe $8,000 because bitcoin have a strong volatiel thay can't even break

[Rahar02]

I thought this thread about bitcoin will be drop back to $7K, but it turned out the opposite.
Bitcoin has been proven could recover faster within weeks, current price continues to rise over $8400.
It indicates bitcoin gain more value, new adopters and investors join into crypto-community.
There is no loss if you invest or get payment in bitcoin, as long as you can wait until the right time to cash out.

[lienfaye]

It could be, will be back to 7k+. Now bitcoin reach $ 8,100. Still possible the price will down to 7k+.
I know, no one knows when bitcoin can be stable. But now BTC still profitable to invests !

Yes the value of btc now increase again and this is the right time for op to sell his coins if he is worried for his money to decrease again.

But if i were you, i will leave maybe 20-30% of my money in btc and hold it for long term because investing in btc is profitable its proven by many users although it takes also guts because the ride is not always what you expected it to be.

[earnmoneyonl]

BTC will recover more than 7k+ for sure. So just take some time then you can know it. I mean it could go more than 9k+ not only 7k+

[Sanu Simon]

Now the price has been getting near to $8500. Maybe this price increase will continue orelse it might show a price drop that might go low to $8000 staying $7000+ and then bumps high to reach $10000 or higher value that has been expected long back itself.

[laredo7mm]

It could be, will be back to 7k+. Now bitcoin reach $ 8,100. Still possible the price will down to 7k+.
I know, no one knows when bitcoin can be stable. But now BTC still profitable to invests !

Yes the value of btc now increase again and this is the right time for op to sell his coins if he is worried for his money to decrease again.

But if i were in you, i will leave maybe 20-30% of my money in btc and hold it for long term because investing in btc is profitable its proven by many users although it takes also guts because the ride is not always what you expected it to be.

Bitcoin is unpredictable and full of surprises and anything is possible in future but right now I don't think there is anything to worry as bitcoin is moving upward since long time and even now price is getting higher slowly and steadily so it would be good decision to hold your coins at least for the next month as if you sell now then you will miss an opportunity of making higher profits in the end of the year which may show us price of $10k or even higher.

[South Park]

All the things may be possible in bitcoin, it can be lower at $5k or it will rise $10k before this year was end. For me if you already see profit in your investment it is good to sell your bitcoin for secured income.

And i do not like you to invest all your saving in bitcoin just only invest the amount that you can afford to lose. Dont risk it all, we do not know what will happen in bitcoin tomorrow, other day, next month or nex year that is why be wise on investing money.

Do not sell, you are going to regret it, yes you may get profits and spent them but after that what are you going to do, you are going to miss in all the future profits of bitcoin, only sell when your earnings are enough to make a big change in your lifestyle.

[TheNostradamus]

Everybody is waiting for a correction and it is weird we haven't seen one yet.
I believe that when it i time for a correction we will see it go back to 5k or 6k. Maybe even less. Like we saw when the price was 4500 and went back to under 3k.

[Ailmand]

This is a hard time for bitcoin, the probability of bitcoin raising again and even hitting $8K before the end of this year  from my prediction is  95%. I observe that the drop in the price of bitcoin is as a result of the panic from the negative news about bitcoin have made some investor to pull out. Now the price have dropped some more investor will come in which will push up the price again. But in other not to loos all you might exchange amount of your bitcoin to other raising coin while you observe the movement in the price.

That's right. There are so many market trends and movements that keeps on affecting the value and price point of bitcoin. I am surprised though that it has kept a steady rise in value of varying amounts which means that it keeps gaining strength in the market, for it can easily adjust.