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Author Topic: How far Bitcoin price will drop?  (Read 313 times)
jkv_crypto (OP)
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January 17, 2018, 04:26:19 AM
 #1

We're seeing Bitcoin is in a dip. I'm planning to buy Bitcoins during this period and tell me your suggestions how far the price will drop and how long it will fall? Huh

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January 17, 2018, 04:39:56 AM
 #2

Previously, it was predicted that the cost of bitcoin could fall to $ 10,000. Somehow it was not very believed, however, the price of bitcoin has recently continued to fall and today, according to CoinMarketCap, it is 11,192 dollars. This is a record low price for the last time. In addition, someone deliberately plays to lower the bitcoin rate, including already repeatedly expressed the idea that the bitcoin development team ignores the possibility of correcting the shortcomings of bitcoin in order for its price to fall. Assuming that this is all done deliberately, then soon we expect a sharp rise in the cost of bitcoin. Just now there is an opportunity to buy it

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January 17, 2018, 04:46:25 AM
 #3

i doubt it can go anywhere below $10000 or at least go below that and stay there more than 6 hours. but with bitcoin these days you can not say! there is no reason for the drop but you can see they still manipulate it and panic sellers start unloading their hands on the market.

and with very high fees the faith in bitcoin is pretty low these days. if fees were to come down today, price would have been $30,000 in less than a week.

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January 17, 2018, 04:49:59 AM
 #4

If you want invest to bitcoin, now the time to do it. dont wait when he falls more, you can late when price make candle

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January 17, 2018, 04:56:40 AM
 #5

We're seeing Bitcoin is in a dip. I'm planning to buy Bitcoins during this period and tell me your suggestions how far the price will drop and how long it will fall? Huh

in my opinion, bitcoin will bounce at 10,000 to 11,000 price level. then after that price will go high again

or

If the bitcoin price goes below 10,000 then it will surely reach 8,000 mark. that price is very alluring for new investors.

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January 17, 2018, 05:01:47 AM
 #6

As long as I can see, bitcoin continuously drop down and I don't think what the factors affect its price. Probably, it will continuously goes down until the mid-year of 2018. The price of it will increase in the month of October like what happened in the year 2017. Time to buy bitcoins and just hold it.

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January 17, 2018, 05:03:59 AM
 #7

Previously, it was predicted that the cost of bitcoin could fall to $ 10,000. Somehow it was not very believed, however, the price of bitcoin has recently continued to fall and today, according to CoinMarketCap, it is 11,192 dollars. This is a record low price for the last time. In addition, someone deliberately plays to lower the bitcoin rate, including already repeatedly expressed the idea that the bitcoin development team ignores the possibility of correcting the shortcomings of bitcoin in order for its price to fall. Assuming that this is all done deliberately, then soon we expect a sharp rise in the cost of bitcoin. Just now there is an opportunity to buy it

Bitcoin price did hit the $10K support line a moment ago, but it's rapidly bounced up. Dunno, how long it's going to consolidate above the $10K level (it has the chance to retest the $10K in today or tomorrow...)

I've put some pending buy orders around $8K, $9K & $10K, then wait patiently for the mooning  Grin

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January 17, 2018, 05:04:49 AM
 #8

will bitcoin price fall to $1000 something ? And seems now it is impossible to sell bitcoin as high traffic congestion!

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January 17, 2018, 05:05:35 AM
 #9

We're seeing Bitcoin is in a dip. I'm planning to buy Bitcoins during this period and tell me your suggestions how far the price will drop and how long it will fall? Huh

Yes now is the time to buy bitcoin because of its value going down. I think value will increase in BER months like september,october etc. just hold your bitcoin and wait until the value of bitcoin will increase again.


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January 17, 2018, 05:14:30 AM
Last edit: January 17, 2018, 08:32:28 AM by alisafidel58
 #10

We're seeing Bitcoin is in a dip.

Its practically a correction due to the Korean exchanges being remove at CoinMarketCap because of its "extreme divergence" in prices.
And from the latest news South korean government is shutting down exchanges from their country.

China has been cracking down its citizen who uses bitcoin and also planning to block domestic access to bitcoin and other crypto currency.

Due to the recent crackdown of this two countries the volume of trade in the market has fall down significantly and the result was a drop bitcoins price and also alt coin took a blow too from the recent event.

I'm planning to buy Bitcoins during this period and tell me your suggestions how far the price will drop and how long it will fall? Huh

It might fall down to $8k-$9k later this month, there has been a lot of bad things that is happening in the crypto world right now and there will be more to come.

Take in consideration about what is happening around the world that concerns bitcoin before buying so you can decide if that price will give you profit or loss.
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January 17, 2018, 05:17:57 AM
 #11

We're seeing Bitcoin is in a dip. I'm planning to buy Bitcoins during this period and tell me your suggestions how far the price will drop and how long it will fall? Huh
just buy bitcoin now because the price drop is only that dip so dont wait to increase it how far bitcoin can increase at 20k USD so don't change your mind to buy now!

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January 17, 2018, 05:20:13 AM
 #12

Bitcoin prices continue to rise, and this is also the problem that people are most interested in the Crypto market. Talk about last month Bitcoin at $ 3,000 is considered the highest in history. However, after only three days of highs, the price was down to $ 2,264 without any prior knowledge, down 24% in value. The decline makes new entrants into the market feel nervous
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January 17, 2018, 05:20:29 AM
 #13

We're seeing Bitcoin is in a dip. I'm planning to buy Bitcoins during this period and tell me your suggestions how far the price will drop and how long it will fall? Huh
just buy bitcoin now because the price drop is only that dip so dont wait to increase it how far bitcoin can increase at 20k USD so don't change your mind to buy now!
Just watch it a bit more, i speculated it to dip more but it will doesn't matter especially if you'll hold it for long term since you'll get more of it when the value rise, set amount then buy.

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January 17, 2018, 05:23:11 AM
 #14

This is a dip.  However, it is up to you whether or not to buy.  The direction btc will go is an unknown.  Don't invest more than you can afford to lose. It could hit $100,000,000 or it could fall to $0.01, no one actually knows.  Good luck with whatever you decide to do.
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January 17, 2018, 05:23:27 AM
 #15

We're seeing Bitcoin is in a dip. I'm planning to buy Bitcoins during this period and tell me your suggestions how far the price will drop and how long it will fall? Huh

we are close to seeing the price reach below $10k and many people hope that the price won't go down too deep because this price makes many people sad. many people shock with this and they selling their bitcoin because they don't want to see the price dropped too far and they rather wait at the bottom. I think we need to see what will happen today and if until the midnight the price stays at that price, then I think the price will bounce up and try to increase again.



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January 17, 2018, 05:25:29 AM
 #16

technical support is at 10k and 8k

but honestly....who knows. fears of asian governments banning the coins has people spooked.

it is however setting up for a big rally IF the decision is tame. if it's just regulated and taxed i would be floored if we don't see a rally
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January 17, 2018, 05:29:16 AM
 #17



we can only see and monitor every event. I'm not sure about the current situation. I think the same, to buy bitcoin, but I'm still waiting for the right time.

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January 17, 2018, 05:32:12 AM
 #18

Most people are saying it would have a support at $10,000 (this is only based on assumption). Just as no one could tell the height bitcoin will attain in value, so also, nobody can tell how far it will drop in price. But if i am to pick a range, i would say between $5,000 - $10,000.

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January 17, 2018, 05:33:28 AM
 #19

Price has dropped by over 50% within a week period without any big bad news. Ban of crypto trading in South Korea can't be considered as catastrophic event.

Price will recover soon so if you have Fiat than buy Bitcoin right now you can easily double your money.

 
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January 17, 2018, 05:35:21 AM
 #20



I was surprised when I got out of bed and saw the current bitcoin rate. quite worried, I still want to know what exactly happened. is this true of the south korea issue? I hope this will be like the case of china, rise and rise again.
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