will bitcoin price continue to go down?

[Murica_Coin]

I personally believe the price of bitcoin can drop anywhere to 4-5K in the upcoming weeks. I wouldn't be too scared this is just a good time to buy because the price will be skyrocketing over the next few years where it will be impossible to purchase a single bitcoin.

[Kprawn]

Like any fraudulent scheme it will eventually go down and the whole so called cryptocurrency market will go down to almost zero and only 10-20 cryptos will survive like Apple and Amazon did!

So those who will hold the right coins will win, others won't!

It's not if, it's when!

Blockchain in itself will be used in many spheres in the future, it's a given!

WTF are you talking about? Bitcoin is not a scam, it is one of the greatest technological investments of our time. The first one was

the Internet and now it is the "Internet of Money", also called Bitcoin. I hate it when people talk through their a$$... {sorry if I

sound rude, but it is getting on my tits} Bitcoin can be used in scams, but the technology is 100% legit. 

[Qartersa]

Well, I really cannot tell if it will continue its decreasing streak. So far since the beginning in January, there has not been any peculiar downfall to the point that it nosedived again in comparison to what has happened in the last three weeks in December 2017. In fact, it remained mainstream in about $10,000 for almost  two weeks now. I am seeing an attempt to increase, though, as you can see in its movements. Nonetheless, I see its decline every so often it attempts to recover maybe because of what has been happening at present like those of negative write ups saying that China and Korea governments will effectively ban Bitcoins, the heist in Japan involving a huge sum of money, and etc. Hence, almost all who newly invested in Bitcoin in the last quarter of last year secured their profits immediately by converting them to fiat currency. The end result is the value that we have in January 2018.

Thereby, as for me, it is best for you to continue holding your investments in Bitcoin if you will not be needing immediate cash anyway. In this sense, you are only losing paper money, and not the actual value of it.

[BettingTips]

For now I think Bitcoin dowtrend will keep continuing for few more weeks. This dump always happen at these days every year since 2015 until now, maybe the main reason is China new year is coming so they're trying to earn as much as money to prepare for their biggest holiday in the year )

[yansen]

think bitcoin has made the next ground floor. because the price has stabilized at $ 10k- $ 11.5k. so if you want to sell, please just hold it. I'm sure in 2018 definitely bitcoin will return to the moon.

[Cryptoproff]

Don't worry it will increase the price of bitcoin but might be it takes a month or two. Just wait and hold.

[Gunawan82]

I'm just seeing there will be gains this week, and worries will fall below $ 10k hopefully will not happen, and will return to the right track by the end of this month.

[tanoe]

Already stable, right? in $11,000. I do not think it'll falling down to $10,500. so, hold is the best right now, maybe until early March. but this depends on your financial condition, are you afraid of losing your assets more than this, you should withdraw it.

[Godric-Gryffindor]

I have already lost 1/4 of my investment in bitcoin. what can you suggest? should I continue n holding bitcoin or should I just sell it to cut my losses? I eagerly need your help on these one, specially to those people who has experience in trading.

I think you are a kind of trader who have a bad bias and buy while the price is high, be sure not to do this, because it can ruin your funds and probably wait long until the price went moon.

I promote bitcoin investment and how Technical and Candlestick Indicators can greatly help you decide to buy and or sell to cut further losses, the thing is, without these technical indicators we are alone with our decision too much and probably seek crowd base decision that can either help you or worst. Candlestick analysis together with support and resistant test the extremity of bullish and bearish trend. If you are having problem laying out these indicators, you can look some tutorials via YouTube and trading related sites.

[EtherSportz]

At this point you're probably better off holding. When you talk about swings of that degree of proportionality, there becomes a consensus price - basically a point at which people say "ok, it can't go much lower than this, time to hold/reinvest." For the common investor, the combination of a a downward swing of -50% and the "roundness" of the number like $10,000, created a pretty reasonable floor, at which point things seem to have stabilized. Now if this was a company with that kind of swing, I'd say get out while you still can, but this is a currency/asset -it plays by a different ruleset. My personal theory is the get rich quick FOMO investors will lick their wounds and will buy in one more time once bitcoin looks like it can sustain even marginal growth for more than a month, so I think we're ultimately due for one more gold rush moment (followed by another collapse) before we finally hit bitcoins more "long term value". Just keep in mind that when you follow an all-time high event, its very had to predict what comes next, we're in uncharted waters.  

[Xenoph0bia]

At this point you're probably better off holding. When you talk about swings of that degree of proportionality, there becomes a consensus price - basically a point at which people say "ok, it can't go much lower than this, time to hold/reinvest." For the common investor, the combination of a a downward swing of -50% and the "roundness" of the number like $10,000, created a pretty reasonable floor, at which point things seem to have stabilized. Now if this was a company with that kind of swing, I'd say get out while you still can, but this is a currency/asset -it plays by a different ruleset. My personal theory is the get rich quick FOMO investors will lick their wounds and will buy in one more time once bitcoin looks like it can sustain even marginal growth for more than a month, so I think we're ultimately due for one more gold rush moment (followed by another collapse) before we finally hit bitcoins more "long term value". Just keep in mind that when you follow an all-time high event, its very had to predict what comes next, we're in uncharted waters.   

No this will not happen.Bitcoin's price is very volatile so we cannot say when will the price of bitcoin rise or fall.Though its price falls but bitcoin recovers at a very fast rate.People are enrolling themselves in bitcoin by seeing the profit rates and time.More and more people invest in bitcoin so as to earn money.The price of bitcoin depends on the forces of demand and supply.More the demand,the price will rise and vice versa.Since it is decentralised,its prices cannot be controlled.

[ralle14]

Nothing is certain for bitcoin but it's possible that the price could go down we already saw it went down below $10,000. Now with the price going up and down between $10,000 - $11,000 I don't think the price would continue to go down. If i'm in OP's position i'll hold the bitcoin I have in my wallet. Other option is to convert my bitcoin to hold altcoins that are less volatile.

I personally believe the price of bitcoin can drop anywhere to 4-5K in the upcoming weeks. I wouldn't be too scared this is just a good time to buy because the price will be skyrocketing over the next few years where it will be impossible to purchase a single bitcoin.

Bitcoin dropping to $4,000 -$5,000 in a few weeks sounds chaotic because altcoins would also suffer losses if that happens. Imo the lowest price bitcoin could drop is at least $8,000.

[dvbcrypto]

Bad news is constantly being issued but btc prices are not falling sharply but sideways at ~ 12k, I believe that just having a good news in a positive direction will make the btc price increase sharply.

[logicgate]

If you are not in need to use the money, I will suggest you to hold. There will always be up and down in trading. If you see the past prices, bitcoin price always pump higher after each correction.

If we look at the past record of the market value of bitcoin, then this argument will be proved as wrong as there are number of occasions when the market value of bitcoin recovered to a very significant level after getting low. I am very much confident that it will recover in the coming days too and it will help its investors in making some good amount of money. You just need to keep your nerves under your control until things goes in your favor.

[Rinsend]

the exact same thing happened to me.
1/4 the investment lost on the investment that has been made.
but I am still holding back my investment until now.
because i'm sure the btc price will come back,
indeed very boring waiting for the price to rise.
but this is one of the things I have to do to avoid losing

[Ais08]

I have already lost 1/4 of my investment in bitcoin. what can you suggest? should I continue n holding bitcoin or should I just sell it to cut my losses? I eagerly need your help on these one, specially to those people who has experience in trading.

If I think if this week we can see bitcoin prices touched in the price of 13,000 dollars, then we can still see the next highest price in June, if on this week we see bitcoin price touched at 10,000 dollars then chances are, we will see what we do not want ..

[imapessimist]

In your place I would sell half so get some money.  So if it goes down you can buy some cheaper.  And if it goes up you still have some Bitcoin holding.  I wouldn't hold everything for ever waiting and waiting. 

[Rana590]

Don't sell your Bitcoin right now. Price is low now but it will be increasing very soon. Hope early March or end of February, price will hit on good position. Wait for pumping again for earning from it.

[braZZers123]

No one will tell you exactly, you should have your priorities for this money. If you withdraw money now , you can greatly regret in the future. do not withdraw it - just wait a little.

[Beroximos]

I wouldn't sell BTC at this time because BTC will grow n the following years a then you can regret your decision to sell everything now.
Stagnating gives reasons at this time but it will not take a too long in my opinion.