HOW LONG WILL BITCOIN FALL CONTINUE

[sirkings0003]

Over the years bitcoin has shown some resilience against different attacks. The latest among them is the Segwit2x hard fork cancellation. Since that incident bitcoin has lost about 30% in value and counting. This question is how long will this fall continue.

[kaizerblitz]

Just trust bitcoin everything is happen is just a normal. Don't be afraid if bitcoin going down it will be recovery in the next days.

[Pursuer]

Since that incident bitcoin has lost about 30% in value and counting. This question is how long will this fall continue.

and counting? fall continue?!!!!

there is this thing called "a chart", or "price history". it is a good idea if you check it out sometime before making statements like this. something like this would help: https://bitcoinwisdom.com/markets/bitstamp/btcusd

the "fall" happened 2 days ago and it is already over and in the past ~48 hours the price has been rising.
here let me help you see it better on the charts:
as you can see, $1400 of this drop has already been recovered  and in about $300-$350 (4% more rise) we will be back at the price before the "fall" began.

[JimboToronto]

...how long will this fall rise continue.

Until the next ATH and beyond... probably this week.

[DaMut]

i do not think it will go down for now ?
because as far as i can see based on the chart and market,
we are moving upward right now,or we can called it recovery from our peak.
look at it right now,the price already shown it's comeback by hitting $6500++ and keep moving upward.
the reason behind that panic sell due to cancelation of segwit2x,
but it'll not take a long time to recover because every new year we should see another move,just like before.

[adaseb]

I think he is looking at his monitor upside down

[tiggytomb]

Over the years bitcoin has shown some resilience against different attacks. The latest among them is the Segwit2x hard fork cancellation. Since that incident bitcoin has lost about 30% in value and counting. This question is how long will this fall continue.

I think by the time you opened this thread bitcoin had always pushed the nonsense to one side and got back on it's path upwards, I know there are things that happen and people like to pinpoint a drop in price to a specific event which a lot of the time can be one of the causes, but this is just how bitcoin is and has been, it does have dramatic price movement.

[Denker]

Over the years bitcoin has shown some resilience against different attacks. The latest among them is the Segwit2x hard fork cancellation. Since that incident bitcoin has lost about 30% in value and counting. This question is how long will this fall continue.

Hmm this post seems a bit late I think.
We are moving up to $7000 now it looks like.
Not sure if that's just a trap, because except to the breakout the volume is pretty low at the moment.
Attacks like china banning Bitcoin, Bcash fork, S2X fud etc. have caused 4 significant drops this year. However the priced always recovered and moved to new ATHs.
And keep in mind that those drops were kind of needed to prevent us from going parabolic. So those kind of attacks are helpful in a way.Furthermore it's strenghtening the whole community. With each attack we learn more and more who the bad actors are, from inside and as from outside the community.That makes us become much more resilient.

[Opquar]

People really need to stop worrying about these slides. Pretty much every single major one has a concrete underlying reason behind it. This last one was caused by the BCH attack. The price will correct itself, just as it always does.

[Thirdspace]

it's rising again... up up and... could it be dead cat bounce?
if it surpasses $7500, it may reach up to $8000
but if it falls before $7500, possibly could drop again to $5200
these are just my non-sense prediction trade your bitcoin wisely
I surely hope it goes down to $5k so I can buy a bit more 

[BingoDog]

With time bitcoin has become more and more resilient but some issues still can strike it with deep impact, like the fork cancellation last week. Still the recovering process is also becoming faster nad the period when the price is down is the best period to buy more bitcoins. Now we are very close to 7000$ again with the tendency to further rise so I don't expect some biger fall again until the end of this month.

[alyssa85]

I think he is looking at his monitor upside down

   It's now at about $7100. Looks like it will try to make a new all time high, or at least bump up against the $7800 resistence. It's sort of amazing, given the drama of the last week.

[staradvincula]

There's nothing to worry about it.  Bitcoin price are still pushing higher.  A data from CoinMarketCap, bitcoin gained about 6.74% in the last 24 hours.  Where is that falling price came from.  Perhaps, the information you gathered was not yet updated.

[Visbay]

Over the years bitcoin has shown some resilience against different attacks. The latest among them is the Segwit2x hard fork cancellation. Since that incident bitcoin has lost about 30% in value and counting. This question is how long will this fall continue.

Well first thing is bitcoin is not falling because when you check the price of bitcoin so you will know the status of bitcoin its price is still high than any other currency and that’s why I always suggest to every one check the price of bitcoin every day in order to we can avoid miss communication so I think bitcoin is very stable and strong then before.

[VuLDK]

Over the years bitcoin has shown some resilience against different attacks. The latest among them is the Segwit2x hard fork cancellation. Since that incident bitcoin has lost about 30% in value and counting. This question is how long will this fall continue.

With the current situation, the bitcoin will not return to the highest price as before, however, as predicted, the bitcoin will reach $ 10000, and may be higher.

[Proton2233]

I think he is looking at his monitor upside down

   It's now at about $7100. Looks like it will try to make a new all time high, or at least bump up against the $7800 resistence. It's sort of amazing, given the drama of the last week.

Nothing surprising in this. Bitcoin will always be currency number one. Whales hold most of their savings in bitcoins. Periodically they will arrange the dumps in order to earn money for those who do not believe in bitcoin and easy to panic. For this they can use any altcoins. I am sure that the price of bitcoin cash will fall even lower.

[superjeyy]

The decrease in Bitcoin was a situation that is supposedly expected or something that was foreseen since most of those who owns Bitcoin are aware of its state, however it's low rate still brought shock to its users. The crash did not last long but it surely did cause a panic to some, urging them to do impulsive actions which may not be beneficial for their side since Bitcoin is slowly recovering now. So with regards to its recent downfall, it has already stopped and Bitcoin is now in the process of its recovery. In considering what the future holds, a sudden decrease in its rate is still and will always be a possibility. It's recovery however may be the critical part since many factors are working for it. Only the situation and maybe time can tell when the downfall of Bitcoin may end in the future.

[arpon11]

Over the years bitcoin has shown some resilience against different attacks. The latest among them is the Segwit2x hard fork cancellation. Since that incident bitcoin has lost about 30% in value and counting. This question is how long will this fall continue.

As at today bitcoin has recovered significantly and we may break resistance at $7800 before the end of this week. I think many people are not following event and that is why we are having this problem. Bearish market is not currently good for bitcoin development and I think we need of bullish momentum than bearish momentum now. Many traders have another opportunity to buy bitcoin at cheap price when it price fell bellow $6000 and as the last time I checked bitcoin was above $7,400.

[Wipro]

I think he is looking at his monitor upside down

   It's now at about $7100. Looks like it will try to make a new all time high, or at least bump up against the $7800 resistence. It's sort of amazing, given the drama of the last week.

Nothing surprising in this. Bitcoin will always be currency number one. Whales hold most of their savings in bitcoins. Periodically they will arrange the dumps in order to earn money for those who do not believe in bitcoin and easy to panic. For this they can use any altcoins. I am sure that the price of bitcoin cash will fall even lower.

No one is understanding that bitcoin is always volatile. So you can find the bitcoin price move faster some days everytime we face the dump in the chart. Moreover today bitcoin started bumping at touches more than 7.5k US dollars in the chart.
Yeah already BCH value going nightmare from the past two days.
I expect the miners on BCH everyone will be look behind the bitcoin only.

[JanpriX]

I'm checking the BTC chart right now and I might say that it recovered so well in the past 2 days after it dipped during the BCH fiasco. People should always keep in mind that BTC is very volatile and it will always have crazy price swings. The good thing about this is that these price swings will provide us great opportunities to make money out of it as long as we know what we are doing. I'm positive that we will hit $8k this month. Hopefully.