donDrey (OP)
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November 17, 2017, 05:36:48 PM |
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The value of Bitcoin has been on the upward trend in the last few weeks, what's the lowest value you think it will fall to before the year 2017 runs out?
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BCTBF
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November 17, 2017, 05:44:28 PM |
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If there is a decline at the end of the year, it may be closed at a price of $6000 - $7000, IMO. But I'm sure it will not happen. Instead, I'm pretty sure the bitcoin price at the end of the year will be at $8000 or approach to $10000. I'm sure of about that, but we do not know what will happen next, we'll come up to that day, so just wait for the next surprise on bitcoin.
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ahmadakbari
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November 17, 2017, 11:44:54 PM |
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Most of the people here are talking about the price bitcoin will rise to After cancellation of Segwit2x price dropped and after that recovered very fast. I think now the price is real and I don't expect the price to fall any more. So better to talk about the price bitcoin will rise to.
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magneto
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November 18, 2017, 12:02:46 AM |
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The value of Bitcoin has been on the upward trend in the last few weeks, what's the lowest value you think it will fall to before the year 2017 runs out?
I don't think that it's going to fall that much at all. Sure there will be dips along the way but the growth is going to still there if you zoom out of the short term picture. I'd say the low is going to probably $5-6k before the price gets up to $8-9k by the end of the year. We're just experiencing a surge in institutional investors into bitcoin, and that will push price up and stabilize the price also.
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xuan87
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November 18, 2017, 12:28:23 AM |
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The bottom limit will be 6000$, yeah it is been and upward trend but still need to anticipate the correction drop, but from the chart it seems like it will not do any corrections yet and if it's passing 8000$ there will be a new bottom limit, so still can't be too sure where will be the bottom price by the end of this year
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European Central Bank
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November 18, 2017, 12:29:30 AM |
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$5200.
why?
why not?
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Bonsaiav
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November 18, 2017, 01:20:11 AM |
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I think the lowest value of Bitcoin is $7100. Sometimes an exchange’s price may be entirely different from the consensus price. Saat ini, bitcoin again demonstrated its value as money without central control.
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Alns
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November 18, 2017, 11:19:00 PM |
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We have already touched a new dip on the last week, it touched less than $5300 but i dont think that we are going to see such a dump again. it is only because that dump was caused after all those speculations and fud about bitcoin / bcash situation, it was a horrible scenario for bitcoin and that was the main reason of why it dropped so much. Maybe we are going to see it a little bit quiet by next week, but i dont think that it will keep going down because it is impossible at those times.
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tomahawk9
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November 18, 2017, 11:56:24 PM |
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If we don't have any more dumps/FUD/speculation like the ones we experienced last week where the network was getting attacked, then i don't think the price will go down under the $7000. I believe in the next month and half the price will keep going up, perhaps towards the 8k or 9k mark. But I don't think we're gonna see another dip like the one we saw this month ($5500).
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player514
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November 19, 2017, 12:55:50 AM |
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The value of Bitcoin has been on the upward trend in the last few weeks, what's the lowest value you think it will fall to before the year 2017 runs out?
I feel like we have a very strong recovery point at 6000. If people see a drop at 7000, they will wait it out to drop a bit more to purchase at an ultimate low point. A lot of people state that they regret not buying Bitcoin when it was under 7,000. If given the opportunity, I doubt we will drop any more than 6000. On the flip side, I believe that we can hit 9000-10000 if we keep seeing some steady growth from bitcoin as we've seen after this false fork.
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This area is up for grabs! PM me if you're interested.
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pooya87
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November 19, 2017, 04:43:26 AM |
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the $5555.5 which was reached on bitfinex recently is going to be the lowest price that you will see this year. the "drops" are officially over and we are back on track to the moon. the $7800 seems to be the stable price that has the strongest support. the $8000 resistance will probably be tested one more time and drop back before it goes above it. which makes $7400 the lowest that it can fall this year from this day forward.
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HasHe
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November 19, 2017, 05:48:58 AM |
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The value of Bitcoin has been on the upward trend in the last few weeks, what's the lowest value you think it will fall to before the year 2017 runs out?
Bitcoin price has already fallen earlier due to china's actions but soon it recovered.Then its price once again reached ATH price of $8,000 and once again fallen due to BCH pumping and people switching to BCH.Just before few days,its price once again recovered and now its price is $7,763.Now there seems to be no immediate threat for bitcoin.We could hope that bitcoin price would continue to move in bullish trend till 2017 end.
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magneto
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November 19, 2017, 07:42:58 AM |
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the $5555.5 which was reached on bitfinex recently is going to be the lowest price that you will see this year. the "drops" are officially over and we are back on track to the moon. the $7800 seems to be the stable price that has the strongest support. the $8000 resistance will probably be tested one more time and drop back before it goes above it. which makes $7400 the lowest that it can fall this year from this day forward.
Agreed. I don't care whether you're pro crypto or anti crypto, but i think that this bull wave is here to stay at least for the time being(aka, until at least the end of the year, meaning that we won't see any lower prices). If we do see lower prices, it'll be negligible the difference between the lowest low from this year and the new low. Plus, people will be buying like crazy as soon as a new low is set, by the looks of it.
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DrGuns4Hands
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November 19, 2017, 08:48:16 AM |
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I guess its just between 6000$-7000$. Because as you see, bitcoin is going up today. Its price is getting high and high when the day past by. We cannot tell if there will be some fall of price before the year ends. But still, we are glad today that its status is very good.
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Jating
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November 19, 2017, 09:01:59 AM |
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The value of Bitcoin has been on the upward trend in the last few weeks, what's the lowest value you think it will fall to before the year 2017 runs out?
We have seen lately that the last dip it when its in the range of $5500-$5600 so I'm estimating that maybe around the ballpark of $6000 will be the latest dip in ever there is one. Investors wouldn't let bitcoin dive more because the minute they saw the price going down, they immediately went into a buying spree because bitcoin today is one of the fastest investment you can get so they want to get it at a discount price. Although if you look at it, $6000 is still a premium price, But nonetheless, investors are willing to pour their cash no matter what the price. That's the power of bitcoin today. Everyone once a piece of it.
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SONG GEET
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November 19, 2017, 11:10:58 AM |
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It is quite hard to predict but I think price can go below $6k if there will be quite big bad news like some exchange platform getting hacked. But if there will be nothing like that than price might only pump to over $10,000 like many have predicted before January.
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Basmic
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November 19, 2017, 11:19:53 AM |
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It is quite hard to predict but I think price can go below $6k if there will be quite big bad news like some exchange platform getting hacked. But if there will be nothing like that than price might only pump to over $10,000 like many have predicted before January.
No platform sharing is not hacked. Hacked only single accounts. This is due to neglect of safety rules by the users themselves. Now I do not see any reason for concern. Bitcoin will continue to grow. The growth rate depends on many factors, but the fact that the upward trend will continue more than one year.
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Aamir1
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November 19, 2017, 11:32:38 AM |
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I don't see it falling anything below $7,000 before the new year, and if we were too lucky, it will cross $8,200 before the new year and will set some new all time highs at the start of 2018. Right now the price of bitcoin is quite stable between $7.6k to $7.8k and if it start falling again, it will hardly cross $7.2k and if it crossed that, it will end up falling a few hundreds bucks more, but i think it will stay above $7k atleast, in this month and in December too.
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bpcguy
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November 19, 2017, 11:33:44 AM |
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7000 can be the minimum, but I don't think that it can be less.
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djaliel
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November 19, 2017, 11:49:39 AM |
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can be down at $6300, but it's temporary, will rise again slowly will be stable until the end of the year on $7000-$8000 , I do not think to $ 10000
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