is that bitcoin price will crash after $ 10K?

Why some people telling that bitcoin price will crash after hitting $10000?.
I don't think it will happen.
How about you guys do you think the price will crash or continue to rise.?

Quote from: akram143 on November 28, 2017, 02:46:27 PM

Why some people telling that bitcoin price will crash after hitting $10000?.
I don't think it will happen.
How about you guys do you think the price will crash or continue to rise.?

No it will not.. It will continue to rise..

"Crash" is too strong an expression. People think the price may go down because $10K is an important and strong resistance point. Besides, a lot of people are likely to have set sell orders at $10K, so whenever we get there, the sale of coins pushes back the price.

Quote from: akram143 on November 28, 2017, 02:46:27 PM

Why some people telling that bitcoin price will crash after hitting $10000?.
I don't think it will happen.
How about you guys do you think the price will crash or continue to rise.?

It should continue to rise, driven by the Wall Street / ETF exposure in December.
Of course, some will try to squeeze as many downtrends as possible.
Just imho this Wall Street story is causing a small (small?) bubble, that will need a correction sooner or later (from 10k to 7-8k, from 15k to 10k, who knows?)

Quote from: akram143 on November 28, 2017, 02:46:27 PM

Why some people telling that bitcoin price will crash after hitting $10000?.

because most of them are butt hurt that they sold bitcoin too soon and now are missing out on the rise. so they wish it crashes so they can see the price they sold at and then buy back.

Quote

I don't think it will happen.
How about you guys do you think the price will crash or continue to rise.?

it may happen!
bitcoin crashing is not a new thing. in fact it is pretty common. it happened about 2 weeks ago when bitcoin lost 30% or $2500

can we predict it like those idiots who call the "crash" these days? absolutely not.
can we predict it in general? sometimes yes but mostly we can only do it pretty close to the drop. right now we can say maybe drops after 10k, or maybe drops after 12k or maybe 13k....

Generally when the price of Bitcoin rises as fast as it has over the past few days, it does correct, and sometimes that correction can be in the form of a drop of several thousand Dollars. I wouldn't call it a crash, though. I think Bitcoin is likely to go up even higher, but it won't be a smooth rise, but with a lot of ups and downs generally trending upwards.

Crash? I dont think so, everytime all people predict one thing happen the opposite scenario. Otherwise maybe a retracking of the price, we will see.

I hope it won't crash because alot are investing on this and people might lose big time. But I guess there's some corrections as they call it when it is fast rising prices and will adjust on lower price. For the people who are investing already, they are hoping that it won't crash, and those people who don't have investment yet on this Bitcoin, they are hoping that it will so that they can buy Bitcoins on lower prices. On both sides, good luck as the coming days will unfold the unpredictable prices of Bitcoin.

I don’t think there will be a crash for no reason. There might be a correction, but BTC price will continue to rise after all.

Quote from: BrewMaster on November 28, 2017, 03:31:47 PM

Quote from: akram143 on November 28, 2017, 02:46:27 PM

Why some people telling that bitcoin price will crash after hitting $10000?.

because most of them are butt hurt that they sold bitcoin too soon and now are missing out on the rise. so they wish it crashes so they can see the price they sold at and then buy back.

Yeah you are right some of the people want to decrease the bitcoin price and to get back their sold bitcoins. Grin

But I don't think price will crash there maybe ups and downs in the bitcoin price but it is normal in bitcoin.So don't sell your bitcoin if the price falls.
I hope the bitcoin price will hit $20000 in 2018.

in my opinion will continue to rise can be up to $ 10k or more, as long as there is no rival. which makes it down if the lack of investment again, and greater investment to BCH or BCG, BTC will be down once.

I guess there will be a downwoards trend due to many investers are going to sell, but like always it'll continue to rise

I believe BTC will reach 10k-10.5k and we will see a lot of sell orders and the price will drop to 8k-8.5k. But go back up to 10k within a week or 2. We have seen many rises in 4k and then drops of 1.5k.

Quote from: Mr.Dick on November 28, 2017, 04:25:38 PM

I guess there will be a downwoards trend due to many investers are going to sell, but like always it'll continue to rise

I'm not sure if I can trust anything said by a dick "Mr.Dick"

I don't think that BTC will crash any time soon. I do believe strongly though after this rally, that the price is going to retrace. I am predicting it might retrace to around 8-9k USD. On the other hand, if derivatives and futures come into play in the first quarter of 2018, then we have another story and maybe another moon landing to 15k-20k or thereabouts. Grin

Bitcoin what are you doing? Grin

Are you going to the Moon? Grin

No one can guess how much will be worth bitcoin in the future. Today it can be 10000$ tomorrow - 15000$ and after a week - 8000$.

Quote from: akram143 on November 28, 2017, 02:46:27 PM

Why some people telling that bitcoin price will crash after hitting $10000?.
I don't think it will happen.
How about you guys do you think the price will crash or continue to rise.?

For the price to start crashing there have to be reasons for that. Just saying that $10k is a lot doesn't sound very convincing. Why $10k is a lot? Why not $100k for example? The price is rising due to rising demand and there are no signs for that to stop.

the demand is so high that is very hard to see a big correction, we will see small corrections, but not so big like before, due the huge amount of capitalization.

That's the first time I see such kind of the idea. Well, if this rule would work the crash would happen already due to Bitcoin crossed 10000$ on some exchangers today. This growth can't be one day case, popularization and legalization by some countries and it will give a green light to the price and soon we will see new records.

I don't think it will crash but I'm sure that BTC price will keep rising...