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Author Topic: Its possible bitcoin going down under 7K this weekend?  (Read 1130 times)
JFDG (OP)
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November 18, 2017, 02:03:40 AM
Last edit: November 18, 2017, 03:24:09 AM by JFDG
 #1

Hi guys, Today bitcoin reached 8K, but now is in road to 7K, its good time to buy?

i'll be waiting by yours answers, thanks
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josealerav
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November 18, 2017, 02:13:03 AM
 #2

I guess not , the price is 7k6$ for now is the normal signal . I think i only can drop at 7k5 is the worst.
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November 18, 2017, 03:06:08 AM
 #3

Nope, i don't think it will going down under 7k . I think there will be a hard fork at the middle of December to replacing the canceled fork at November. So the price will increase not decrease at your opinion.
chris200x9
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November 18, 2017, 03:33:46 AM
 #4

Currently, it is very hard to predict the price of bitcoin because there are some minors giving more preference to BCH and that's why there are so many pending transactions on the bitcoin network. They want to force people to use BCH so temporarily BTC prices may go down but in the long run, BTC prices will recover back and can go even higher than the current price.
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November 18, 2017, 04:32:30 AM
 #5

it has a possibility to see it under $7000 this week,
but i do not recommend to wait for it even though it goes down to that level.
because Bitcoin can fly at anytime,what i mean is you will miss this opportunity to get the train and in the end you're FOMO'ing the train.
it would be better for you to set your strategy just like this for example :
put 30% from your capital in this level($7600),30% around ($7300) or you set your target.
and 40% for below $7000.
remember,Bitcoin can reach $8500++ in no time just like before,
in mere 2 days the price moved from $6000 to around $8000.
make your own strategiest and make your own choice,but it would be better for you to not let your greed take a control.
profit is our goal as trader,not how much is it but instead profit no matter what is it for every our trade.

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November 18, 2017, 04:38:26 AM
 #6

Hi guys, Today bitcoin reached 8K, but now is in road to 7K, its good time to buy?

i'll be waiting by yours answers, thanks
Really depends on the deep pocketed folks pumping BCH again this weekend Roll Eyes
Toden1379
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November 18, 2017, 04:50:55 AM
 #7

It is possible. Since Bitcoin has been a very volatile currency, analysts expect it to fall sometime in the near future before rising once more.

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November 18, 2017, 04:52:55 AM
 #8

Nothing is impossible with Bitcoin even with a big loss. Last week we already saw a scenario that Bitcoin drop from 7k4$ into 5k8$ only in 2 days. So this could be happen if there are news that against Bitcoin.
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November 18, 2017, 05:03:31 AM
 #9

It is a good time to buy because you already know that the price can get pass 8K. Even if the price gets lower than 7.6K, you already know it will still recover and can get back to the current ATH. If you are a going for long term investment it won't be a problem for you.
Kingofbitcoin12345
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November 18, 2017, 05:20:28 AM
 #10

Yes it is possible but maybe will not happen also.. Speculative investments like cryptocurrency and its unstable nature makes me more interested to it than any boring stock market things.. It’s a paradise for opinions and to enjoy this kind of brainstorming ideas is much matter than expecting things that is meant to happen not like bitcoin that it can be the other way to 8000$-9000$ or the downfall below 7000$.. Enjoy..

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November 18, 2017, 05:43:15 AM
 #11

Hi guys, Today bitcoin reached 8K, but now is in road to 7K, its good time to buy?

i'll be waiting by yours answers, thanks

Anything is possible mate and actually the price of bitcoin is still on under $8,000, around $7,688. In my opinion it's not good to buy bitcoin right now because the price is still on the high price, i'm afraid the bitcoin price will fall to $7,500. Remember anything can happen, just don't go all in.
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November 18, 2017, 05:52:46 AM
 #12

Hi guys, Today bitcoin reached 8K, but now is in road to 7K, its good time to buy?

i'll be waiting by yours answers, thanks

I didn't saw bitcoin reached $8,000 for the meantime it's now at $7,700 and if you think that it will go up to $8,000 just buy it and forget until it reaches another ATH.

But buying time has been done as the price went down at $7,500 so if you had bought some by that time it's good that you purchased some of it but if not, you should wait for more decrease.
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November 18, 2017, 06:22:11 AM
 #13

Hi guys, Today bitcoin reached 8K, but now is in road to 7K, its good time to buy?

Wow, I hope so! I'd love to see a more prolonged drop in Bitcoin. It would allow all these newbies to buy in at a lower price.

I don't think there's ever a bad time to buy bitcoin. The price today will always seem expensive until tomorrow, when the price has risen. Don't worry about the price so much, just buy in at smaller, but regular intervals. You'll average out your cost and never regret having missed out on some good growth! And you be doubly happy when the price goes down and you're able to buy twice as much with the same investment.
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November 18, 2017, 06:25:58 AM
 #14

It is possible. Since Bitcoin has been a very volatile currency, analysts expect it to fall sometime in the near future before rising once more.
Yeah, like the last week , there is a big loss in the chart of Bitcoin. It dropped from 7k3$ into 5k9$ only in 3 days. Too much volitality.
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November 18, 2017, 02:31:58 PM
 #15

There is currently no reason to price go under 7000$ this weekend,although something like this could happen at any time.Based on CoinMarketCap BTC is down by 2.2% in last 24 hours but it is still very close to 8000$.There is great opportunity to buy a few days ago when price is go down to 5500$ because of BCH pump and Segwit2x cancellation.The question is whether something like this can be repeated again and give us new chance to buy some cheap BTC.


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November 18, 2017, 02:39:59 PM
 #16

Lots of games being played with money going out of BTC & into BCH & vice versa but I don’t think the price of bitcoin will go below $7000 this weekend, no.

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November 18, 2017, 02:47:31 PM
 #17

I think last week was a lot different as people were panic selling and some fell for the BCH propaganda...
Plus, the mempool was a disaster

This weekend all in all I think BTC is doing well, some people still trying to speculate, but don't think we will see any major drop; last week by now it was already pretty high
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November 18, 2017, 03:12:09 PM
 #18

I think last week was a lot different as people were panic selling and some fell for the BCH propaganda...
Plus, the mempool was a disaster

This weekend all in all I think BTC is doing well, some people still trying to speculate, but don't think we will see any major drop; last week by now it was already pretty high

I believe also bitcoin price has been stable for this week unlike last week where we see a major drop in bitcoin due to FUD's made by bitcoin cash supporters , I don't think it will go down upto 7k usd I was actually expecting that we could see a new ATH
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November 18, 2017, 03:14:15 PM
 #19

I think not. Ver and Wu are smart and they know they cant do the same trick twice.

But I was hoping they would.
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November 18, 2017, 03:16:55 PM
 #20

Hi guys, Today bitcoin reached 8K, but now is in road to 7K, its good time to buy?

i'll be waiting by yours answers, thanks
Really depends on the deep pocketed folks pumping BCH again this weekend Roll Eyes

looks like they have already started the pump of bitcoin cash today!
i even saw some unnaturally huge buy walls placed on different exchanges to prevent the crash and push the price up slowly. they succeeded though and now it is pumping hard.

but it seems like this time price of bitcoin didn't even move because of it!
we'll have to see, but if it continues this way i can see bitcoin breaking $8000 and bitcoin cash reaching 0.3-0.4BTC this time around.

There is a FOMO brewing...
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