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Author Topic: Is Bitcoin Price will go up or down?  (Read 572 times)
BitcoinHunterXHunter (OP)
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January 11, 2018, 12:40:36 AM
 #1

Hello every one , today bitcoin price is already @ 14724$. Where should it go from here? where i will go , it goes down or up?
If it will go up, how high it will go? and if it will go deep how low it is?
Can any one tell me where the support and resistance level?
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January 11, 2018, 12:45:08 AM
 #2

Hello every one , today bitcoin price is already @ 14724$. Where should it go from here? where i will go , it goes down or up?
If it will go up, how high it will go? and if it will go deep how low it is?
Can any one tell me where the support and resistance level?

Nobody knows where, when or how bitcoin could value. Sometimes it almost differ from the price site you have been using. But bas on my observation, butcoin would not stay and  rise as it is. This would take a lot of patience since there could be a tendency that it will flow down again but later on rise.

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TimtheYoutuber
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January 11, 2018, 12:47:02 AM
 #3

No one can tell the future, so you will need to take the time and evaluate the project yourself and then you will be able to tell if it is worth it to buy.

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January 11, 2018, 12:47:56 AM
 #4

Both can happen .. no prediction possible but if it down too much not to worry one day it come back to the right price
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January 11, 2018, 12:54:21 AM
 #5

Come on, if you're in this forum in long run you know it's gonna go up. Of course in short term it will have some downs + correction?
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January 11, 2018, 12:58:28 AM
 #6

The price will always go up and down, I don't think there exist any currency that is being traded that do not goes up and down though some may have smaller movement whereas Bitcoin is volatile and have much bigger candle. I personally think that if you wish to trade, buy some bitcoin and some altcoin as an alternate investment.

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nightmanisrightman
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January 11, 2018, 01:22:35 AM
 #7

In general I think it will go up because I am bullish long term but for the next couple of weeks and months I think it will consolidate and range from 13-17k. The breakout will happen once the alts are done dancing around, which I have no timeline as to when that will happen.

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Meysa_richa
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January 11, 2018, 01:42:11 AM
 #8

The final bitcoin price I think is stable and will continue the journey to 50000 $ and you can throw your coin at ETH, which I think is better.
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January 11, 2018, 01:53:53 AM
 #9

On its current price $14,000+ I am wishing that it will still go up. Very far from what I expected. After the rapid increase in the last quarter of 2017 now it's moving up and down from $13,000 - $15,000. I'm still waiting for it to cross the $20,000 price during this first quarter of 2018. All I can say is that it will sure go up after this drop after it reach $20,000. This year it will be running from $20,000 to $50,000. This is just a prediction which is not sure to happen. But this is what I wish to happen. Good luck to all who love BTCitcoin and who hate it.

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January 11, 2018, 02:53:15 AM
 #10

for me it depends on bitcoin demands if there's a lot of people invest then bitcoin value increase so it depends on the investors but i suggest you to monitor the bitcoin value graph every now and then because investing in bitcoin is a risky.

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January 11, 2018, 05:40:52 AM
 #11

for now i don't expect either going significantly up or down.
i am expecting the same fluctuation with small ups and downs for at least 1 more week before anything else starts to happen. today is another test of the bottom resistance (the 4th time testing it) and each time the whole cycle is becoming shorter and shorter. if the next recovery from this (in about 3 days) goes beyond $17k then you can expect a rise otherwise another bottom test will be on the way.

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Adamant06
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January 11, 2018, 02:12:21 PM
 #12

for now i don't expect either going significantly up or down.
i am expecting the same fluctuation with small ups and downs for at least 1 more week before anything else starts to happen. today is another test of the bottom resistance (the 4th time testing it) and each time the whole cycle is becoming shorter and shorter. if the next recovery from this (in about 3 days) goes beyond $17k then you can expect a rise otherwise another bottom test will be on the way.
Its not much of a big deal for me,either its up or down as long as the price is profitable enough.Taking a risk is such a factor in order for us to discover new knowledge,making firm on our decisions and most important we don't have to regrets in the end because of the price going up or down so that we can sell bitcoin.Though looking for a high or aiming to sell it on its highest price is not bad at all.Just make use of it for your own good.
Gotomoon
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January 11, 2018, 02:44:03 PM
 #13

for me it depends on bitcoin demands if there's a lot of people invest then bitcoin value increase so it depends on the investors but i suggest you to monitor the bitcoin value graph every now and then because investing in bitcoin is a risky.
Yes it depends because the market now is very fluctuating. Maybe it will go up and down so we should be very in monitor the price. I agree investing in bitcoin and other cryptocurrency are very risks so invest on what you can afford.
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January 11, 2018, 02:57:06 PM
 #14

neither or both!
for now we can expect the same price more or less for some time and only enough fluctuations for day-traders to make some profit from the swings. i feel like there may be some uncertainty among general investors and that makes them want to wait and see which way the market is going to go before investing so we are going to have sideways for some time...

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francedeni
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January 11, 2018, 03:11:21 PM
 #15

I think it will stay at this price but Im hoping bitcoin price will go increase. Bitcoin up and down so I think it is temporary the price stay at this point. I still hope we can see on bitcoin to rise nextweek.
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January 11, 2018, 03:12:20 PM
 #16

for now i don't expect either going significantly up or down.
i am expecting the same fluctuation with small ups and downs for at least 1 more week before anything else starts to happen. today is another test of the bottom resistance (the 4th time testing it) and each time the whole cycle is becoming shorter and shorter. if the next recovery from this (in about 3 days) goes beyond $17k then you can expect a rise otherwise another bottom test will be on the way.

That's a different way of looking into the price. I've also noticed that the price has been experiencing frequent ups and downs recently, not usually a significant marker or boundary. Ever since it went down and gone for a correction, this has been the trend - which is actually healthy since the price has spiked up too fast and too high just last year. I've been expecting for the price to go up and rise anytime soon but that might be the case for now. Bitcoin has been resilient so far and has withstood the bottom tests.
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January 11, 2018, 04:06:49 PM
 #17

Hello every one , today bitcoin price is already @ 14724$. Where should it go from here? where i will go , it goes down or up?
If it will go up, how high it will go? and if it will go deep how low it is?
Can any one tell me where the support and resistance level?
You are asking a questions that no one here can give an exact answer, because no one can tell when will Bitcoin price goes down or when it will it increase and how high its price can reach or how low the price will drop. I think that the support level is $13000 where people consider buying Bitcoin in this price range and the resistance level is $15k or $16k. My guess is Bitcoin will struggle to go up higher than $17000 as there are news that south korea are planning to ban cryptocurrency trading which will take a big hit on cryptocurrency market (not only Bitcoin) and will results of all cryptocurrency price goes down and the news about china shutting down crypto mining, and of course maybe I'm wrong.
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January 11, 2018, 04:15:48 PM
 #18

You're asking a lot of questions and it's difficult questions to answer with accuracy.

Hello every one , today bitcoin price is already @ 14724$. Where should it go from here? where i will go , it goes down or up?

the price goes up whenever we have big news, as in these days or weeks we do not have big news so the price is not going up much, but in the long term the price will rise

If it will go up, how high it will go? and if it will go deep how low it is?

Have you ever heard someone make an accurate estimate of the price? if someone had the exact answer to your question this person would have to be someone with superpowers able to see the future.

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January 11, 2018, 04:31:43 PM
 #19

There is lots of delima in Bitcoin market right now so people are fearful and even though Bitcoin price is very low there is not much buying pressure and instead of that it is experiencing flash crashes and pumps.

When slowly weak hands will sell their Bitcoin market might get bullish again.
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January 11, 2018, 05:00:16 PM
 #20

There is lots of delima in Bitcoin market right now so people are fearful and even though Bitcoin price is very low there is not much buying pressure and instead of that it is experiencing flash crashes and pumps.
There are no dilemas at all beside what's playing in people's heads. This market hasn't been doing anything other than jumping up and down for the last few weeks, and people directly think something bad is happening.

It's just the market not knowing what direction to move into without anything hinting at a bullish event or happening. As long as that is the case, the market will keep jumping up and down thousands of dollars.

It's just the demand versus the supply game we see going on in the market. People should just stop expecting instant profits just because the price has been increasing rapidly. It's clear that the market has taken a break.

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