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Author Topic: where is the bitcoin price going?  (Read 492 times)
vominhtri1611
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April 04, 2018, 03:29:35 PM
 #1

The price of bitcoin has rallied at the beginning of April after suffering significant losses in March, as positive news in the cryptocurrency space has encouraged investors.

The volatile cryptocurrency’s value has shifted wildly ever since mid-December - when it hit a record high of more than $19,850 (£14,214) - with frequent heavy drops and speedy recoveries. Its price plummet back to earth in January and February, as governments and central banks around the world raised the spectre of future regulation.

Bitcoin’s value plummeted again shortly before Christmas, dropping by almost $2,000 (£1,449) in just an hour at one point, and almost slipping below the $11,000 mark (£7,970).

It then bounced back, before tumbling again in mid-January, recovering again, and plummeting at the start of February before levelling out for the rest of the month.

March saw bitcoin's price drop below $10,000, reaching a low of $6,500 before rebounding above $7,000.

And now, where is the bitcoin price going next?
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First77
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April 04, 2018, 03:47:07 PM
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$600 will decide the fate of Bitcoin. If Bitcoin survives, it will be just a low level speculative asset and it's price range will be $600 to $1000
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April 04, 2018, 03:50:04 PM
 #3

The price of bitcoin has rallied at the beginning of April after suffering significant losses in March, as positive news in the cryptocurrency space has encouraged investors.

The volatile cryptocurrency’s value has shifted wildly ever since mid-December - when it hit a record high of more than $19,850 (£14,214) - with frequent heavy drops and speedy recoveries. Its price plummet back to earth in January and February, as governments and central banks around the world raised the spectre of future regulation.

Bitcoin’s value plummeted again shortly before Christmas, dropping by almost $2,000 (£1,449) in just an hour at one point, and almost slipping below the $11,000 mark (£7,970).

It then bounced back, before tumbling again in mid-January, recovering again, and plummeting at the start of February before levelling out for the rest of the month.

March saw bitcoin's price drop below $10,000, reaching a low of $6,500 before rebounding above $7,000.

And now, where is the bitcoin price going next?

Nobody knows, it all depends on supply and demand. If more people will be buying than selling. We, at least people who hold some crypto even if not bitocin, would like bitcoin to go up because if it does we can except a lot of benefits. But if it doesn't well crap man we fked it up I guess. We just need media channels to promote the hell out of crypto, because when they do that price surge happens and it builds up fast. We need more adoption to break the 20k, I hope price move up, because of my own sake.
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April 04, 2018, 03:51:34 PM
 #4

There are two speculations about the movement on the value of bitcoin this april. Bearish group predicts that bitcoin will go down to 5k$ while some with their exaggerated prediction that bitcoin will fall down to 2800$ to 1000$. On the other side bullish group have predicted that bitcoin will recover and go back to 8k4 towards 10k4 this month. There are many speculations and the best way to answer it is to observe the market and trust your intuition.

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April 04, 2018, 03:56:15 PM
 #5

No one knows and no one can predict how long the Bitcoin price will go down, and I think this will still continue when some issues. Bitcoin advertising prohibition and ban from some countries that cause it.
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April 04, 2018, 03:59:20 PM
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Its dumping very really bad. May b fate if bitcoin is good right now. Noone can tell is going on & what will happen.
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April 04, 2018, 04:08:00 PM
 #7

If you are currently watching Bitcoin prices, then you will be amazed by the rising and falling prices of Bitcoin (fluctuations). which determines the rise or fall of the bitcoin price depends on the price of the request (the person who buys) and the price of the offer (the person selling). In practical language are supply and demand.

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April 04, 2018, 04:11:56 PM
 #8

we all know by the amount of prohibition ico project to make the price of Bitcoin back down so that everyone doubts as to where Bitcoin will go, whether it will continue to fall or will return, and all of this is just a prediction of some people.
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April 04, 2018, 04:15:39 PM
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get ready early mei up to $ 15000

optimis  Grin Grin Grin
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April 04, 2018, 04:20:54 PM
 #10

Bitcoin reached a support level of 6800 and hit 7500 yesterday, new high.
Now that people have learned ICOs are selling ALT coins, they are slowly learning that regulations on ICOs and ICO advertising bans are not Bitcoin bans.
In fact some people still believe that China or India has banned bitcoin.
As more people learn that isn't true, BTC goes up.
As more people learn about BTC for the first time, BTC goes up.
As more people lie about a new ALT coin that will replace bitcoin, but you have to buy bitcoin to get the new fad ALT coin, BTC goes up.
As more people learn that ICOs are mostly scams, BTC goes UP and the ALT coins lose popularity.

Ris88
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April 04, 2018, 04:21:29 PM
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There are two speculations about the movement on the value of bitcoin this april. Bearish group predicts that bitcoin will go down to 5k$ while some with their exaggerated prediction that bitcoin will fall down to 2800$ to 1000$. On the other side bullish group have predicted that bitcoin will recover and go back to 8k4 towards 10k4 this month. There are many speculations and the best way to answer it is to observe the market and trust your intuition.

Your words almost match what I expect to the price of 5k, but I do not think if bitcoin prices will touch that badly, if you look at the graphic shown on this site. https://bitcoinwisdom.com/markets/bitfinex/btcusd

You will see it even if you setting it to 1D or 3D you will see it and can predict from your own analysis ..
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April 04, 2018, 04:34:16 PM
 #12

This is just a prediction of some people, so there is a lot of speculation and the best way to answer it is to observe the market and trust your intuition.

we all know by the number of ico projects to make Bitcoin prices increase in early April after suffering significant losses in March, as positive news in the cryptocurrency space has prompted investors.
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April 04, 2018, 04:39:00 PM
 #13

it would not turn that bad, i'm sure it will be back on its trail by the end of May by now its recovering slowly.

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April 04, 2018, 04:41:41 PM
 #14

Just check the charts and you will see where it is going. Historically, Q1 has always been bad, and Q2 is bull market time. I don't see why this year should go against the trend that happened year after year. Just more people in Crypto now and the newbies are panicking

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April 04, 2018, 05:06:06 PM
 #15

There's no obscene activity with the price of BTC we see it at around 1k dollar way back 1st quarter of 2017 so the matter of fact btc would not go downfall because btc already at its rise stage.

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April 04, 2018, 05:08:48 PM
 #16

I believe the price will come up as time goes by.
monalia
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April 04, 2018, 05:17:52 PM
 #17

$600 will decide the fate of Bitcoin. If Bitcoin survives, it will be just a low level speculative asset and it's price range will be $600 to $1000

Bitcoin price will never drop in your expectation because this is the most promising platform so this will reach 25k USD in this year. But some peoples are negative thoughts in Bitcoin so you should not understand the potential of Bitcoin. If you trust the Bitcoin your future career is supporting to crypto platform.

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April 04, 2018, 05:24:17 PM
 #18

according to statistics that were observed for last 4 years it is seen that the price of bitcoin recovers usually in April and May which I hope and believe it will happen this time soon.

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First77
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April 04, 2018, 11:39:35 PM
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Bitcoin price will never drop in your expectation because this is the most promising platform so this will reach 25k USD in this year. But some peoples are negative thoughts in Bitcoin so you should not understand the potential of Bitcoin. If you trust the Bitcoin your future career is supporting to crypto platform.

In 2 months, there are 170,000,000 less visitors at "Coinbase"
Ultegra134
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April 05, 2018, 12:10:35 AM
 #20

The price of bitcoin has rallied at the beginning of April after suffering significant losses in March, as positive news in the cryptocurrency space has encouraged investors.

The volatile cryptocurrency’s value has shifted wildly ever since mid-December - when it hit a record high of more than $19,850 (£14,214) - with frequent heavy drops and speedy recoveries. Its price plummet back to earth in January and February, as governments and central banks around the world raised the spectre of future regulation.

Bitcoin’s value plummeted again shortly before Christmas, dropping by almost $2,000 (£1,449) in just an hour at one point, and almost slipping below the $11,000 mark (£7,970).

It then bounced back, before tumbling again in mid-January, recovering again, and plummeting at the start of February before levelling out for the rest of the month.

March saw bitcoin's price drop below $10,000, reaching a low of $6,500 before rebounding above $7,000.

And now, where is the bitcoin price going next?
Yesterday, it managed to exit the bloodbath for the day and reach $7.450~, only for it to crash back to where it was the next day, it's currently at $6.800. I think that it's probably going to settle at $6.500-$7.500 for the next few weeks, or even months and then a serious effort of recovery will be made. The market is highly volatile right now, I am quite a pessimistic regarding anything positive due to happen in the near future.


 
 
 
 
 
 
 
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