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Author Topic: Bitcoin can drop again 7K zone.  (Read 479 times)
Coolcryptovator
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May 11, 2018, 02:18:22 PM
 #1

Bitcoin can drop 7K zone for short time. As we see it's already drop 8500$ . So I expect it will drop below 8k, that means 7K zone. But it will no longer. I hope agin Bitcoin will grow up to 9K zone by next week. What you think about it ?

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May 11, 2018, 02:21:01 PM
 #2

Bitcoin can drop 7K zone for short time. As we see it's already drop 8500$ . So I expect it will drop below 8k, that means 7K zone. But it will no longer. I hope agin Bitcoin will grow up to 9K zone by next week. What you think about it ?
I also feel optimistic if bitcoin next week will rise in ahrga $ 9k may be again, but for now it is reasonable if bitcoin prices have decreased and but we should be calm and relaxed face a temporary price reduction.

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May 11, 2018, 02:26:59 PM
 #3

I think that the current drop in btc price is because of Mt. Gox Wallet case.
Bitcoin will recover again, as always and eventually cross 10 k psychological barrier.
After that, everything is possible.
I don't think that btc will drop back to 7k again.
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May 11, 2018, 02:27:33 PM
 #4

Back to 7000 zone again is not something that can happen so easily until a negative  news from government that will make traders panic sell. Bitcoin is heading to the $10,000 mark very soon and the drop in price is an indicator. Is a just a fake out.

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May 11, 2018, 02:28:10 PM
 #5

maybe the price of the token will fall, but we will still go up after may 14. you'll see. soon everyone will be able to earn good money!
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May 11, 2018, 02:35:22 PM
 #6

Possibility can happen as we can't assess how the market will be in the next couple of days, I'm still positive that supports will remains on hold with this 9k$ barrier, if this downfall bounce back right away, then we are going to see the next jumped, maybe before this month ends, we will be able to reached 12-13k$ marks, just remain positive and enjoy the ride.

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May 11, 2018, 02:38:23 PM
 #7

I don't think it's possible at the moment.
Because bitcoin has gained a lot of consensus, there is not much room for decline.

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May 11, 2018, 02:51:29 PM
 #8

Bitcoin can drop 7K zone for short time. As we see it's already drop 8500$ . So I expect it will drop below 8k, that means 7K zone. But it will no longer. I hope agin Bitcoin will grow up to 9K zone by next week. What you think about it ?

What thoughts, facts, news, technical or fundamental analysis is driving you to this conclusion that Bitcoin will drop below $8,000?

To say it doesn't give any of us confidence that your thoughts are accurate. Can you give us some background on what you're seeing that's telling you what will happen?

We're more likely to keep marching forward because the recent weeks over weeks trend as been positive.

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May 11, 2018, 02:59:32 PM
 #9

i think it still normal when see it, the market movment are going down a bit just caused by the whale who selling it when the price are in 6k in the past ago i think
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May 11, 2018, 02:59:44 PM
 #10

While it certainly can as anything is possible in this space, it's highly unlikely that it drops to that price, especially now.
With CONSENSUS 2018 happening next week and somewhere close to 4k + attendees, I expect a bigger price point if anything.
We can only hope, though.

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May 11, 2018, 03:03:33 PM
 #11

It's absurd what the administrator of MT Gox is doing. He's selling the bitcoins. He must be earning some bribe from some exchange to do the negotiation. There's no sense in him wanting to sell the bitcoins. He should return the bitcoins (or part of them) to the customers who were harmed.
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May 11, 2018, 03:08:29 PM
 #12

there is no can predict with certainty, because sometimes bitcoin is influenced by other negative factors from behind without we known.

today I do not know what factors make the bitcoin drop again. I often experience wrong predictions.
so we better continue to support bitcoin and make a good contribution.

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May 11, 2018, 03:14:04 PM
 #13

Bitcoin can drop 7K zone for short time. As we see it's already drop 8500$ . So I expect it will drop below 8k, that means 7K zone. But it will no longer. I hope agin Bitcoin will grow up to 9K zone by next week. What you think about it ?

Next week is too long bitcoin will go back to 9300$ tomorrow. By next week bitcoin will be over 10,000 $.. The price drop today is just temporary and it was just a show made by the whales so that people will panic and sell their coins so they can buy it. Let us just trust bitcoin since even if it falls in value it will go back up again.

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May 11, 2018, 03:17:02 PM
 #14

I do not think it's possible at this time, because bitcoin has achieved a lot of consensus, not much room for decay. I hope it will thrive in the end of 2018 and the price will reach $ 25000.
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May 11, 2018, 03:22:55 PM
 #15

Maybe one of the reasons is that some have dumped again their bitcoin when it reached another higher price because they are now afraid to hold they bitcoin any longer thinking that other people would do the same thing.

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May 11, 2018, 03:24:56 PM
 #16

Bitcoin can drop 7K zone for short time. As we see it's already drop 8500$ . So I expect it will drop below 8k, that means 7K zone. But it will no longer. I hope agin Bitcoin will grow up to 9K zone by next week. What you think about it ?
There is a lot of news that happen and some of this news is bad news thinking that it is one of the reason why the price of bitcoin was dropdown I read that there is a news on South Korea that the Largest Crypto Exchange Upbit Investigated By Police, Markets React, i read this topic on cointelegraph.

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May 11, 2018, 03:26:08 PM
 #17

This is possible but no one can predict price of bitcoin but for sure it will bounce back because it has gain so much CONSENSUS so it won't drop too low.


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May 11, 2018, 03:28:14 PM
 #18

Bitcoin and all the Alts have taken a dive recently, one new hit overnight would be the HitBTC exchange in South Korea being raided by the authorities, seems they reportedly have been selling coins that they do not own, in fact they share the order book and reels with the Bittrex exchange, so I am not sure how that works. Maybe something is adrift, my first thoughts are of a false alarm as there have been recent raids on fellow South Korean exchanges, so HitBTC would have been expecting a call. We will see.
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May 11, 2018, 03:31:05 PM
 #19

Everything is possible in crypto world no one can predict price bitcoin i hope bitcoin price is again high
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May 11, 2018, 03:37:24 PM
 #20

I'm not afraid when bitcoin declines to $ 7,000 because bitcoins for investing are very good and profitable for the long term.
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