Bitcoin can drop again 7K zone.

[Yamifoud]

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 ?

It is quite possible to happen but we can't exactly predict when. As we know that crypto markets today are in high volatility, fluctuation of price happen always and there will be only two possible results either up or down.

[Ayiranorea]

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 ?

It is quite possible to happen but we can't exactly predict when. As we know that crypto markets today are in high volatility, fluctuation of price happen always and there will be only two possible results either up or down.

The market is highly volatile and it is completely speculative on development. So, each and every statement related to the cryptocurrency market gets impacted upon the growth. In this way we don't know when price drops and when the price pumping takes place. Everything happening around looks like a dream.

[LukeCage]

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 think this week the price will grow up to 9K. But at the end of the month can drop to 7K. This is my projection. In the long term, we will probably see a bullish trend.

[virasisog]

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 again Bitcoin will grow up to 9K zone by next week. What you think about it ?

I think this will possible but now that we are in consensus there is a good thing there that is actually seen in some past historical charts that after that consensus the price of bitcoin soars up. This is a good sign of big news that can push the price still i am waiting for that to happen and hoping that it will no go beyond $7k.

[woolf12]

It it won't happen in next two weeks, I think the negative trend will be briken and we can finally wait for green and growing second part of the year. I'm done with declinig rates and bad news

[carlisle1]

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 think youre fooling us,you speculate about bitcoin will drop at $7,000 but in the end your hoping to grow $9,000 ,if you want growth then think positive,dont ever let negativity cross your mind because negative attracts negativity..

Im sure bitcoin will reach $10,000 by weekends lol.

[shadowdio]

I think no, bitcoin will never drop at $7k because the market is starting to recover so it's good to buy more bitcoin now and hold until december maybe we can see the highest peak of bitcoin.

[faaty]

yes, bitcoin may drop at least 7k zone but this is the lowest level for this correction. I am waiting another upward move here or at 7k

I do not see a move down to 6k as previous ones. There was a strong support at that point

[gabmen]

I think no, bitcoin will never drop at $7k because the market is starting to recover so it's good to buy more bitcoin now and hold until december maybe we can see the highest peak of bitcoin.

Lol. Never say never :p same with bitcoin reaching another all time high this year, the posibility of dipping a lot lower is also there. I won't worry about that though since for every drop there seems to always be recovery so if drops to 7k, just learn to ride with the waves

[BlueStackz]

Bitcoin can really dropped to even 5000$ if it becomes less profitable there wouldn't be any option than traders keep selling it. Since other coins give good returns than bitcoins,it highly probable that it will be sold to buy other coins.

This is only possible of demand of Bitcoin decreases as a result of which the market price falls. The market demand decreases due to negativity and the news that are common these days are negligible to count. The price may rise up and with more strength the price can jump and the low market will shift to high market. The price is stable around 9k dollar and this can reach in future. The possibilities of dropping the price again at 7k are very less.

[Barbut]

Bitcoin can really dropped to even 5000$ if it becomes less profitable there wouldn't be any option than traders keep selling it. Since other coins give good returns than bitcoins,it highly probable that it will be sold to buy other coins.

This is only possible of demand of Bitcoin decreases as a result of which the market price falls. The market demand decreases due to negativity and the news that are common these days are negligible to count. The price may rise up and with more strength the price can jump and the low market will shift to high market. The price is stable around 9k dollar and this can reach in future. The possibilities of dropping the price again at 7k are very less.

This is possible, like its possible bitcoin to be 15,000$ in next few days. Everything is possible with bitcoin price, that is the reason behind fluctuations. I agree with part in the end of your comment, chances can be higher or lower, and that`s it. Thats why I claim from beginning that trading is like gambling, you always have to deal with chances, higher chances, lower odds are safer investments with low profit, opposite is less chances, higher risk higher profit.
I think bitcoin will not drop again on 7,000$, but when it comes to price of bitcoin I`m never sure in what will happen next.

[balu06]

I think no, bitcoin will never drop at $7k because the market is starting to recover so it's good to buy more bitcoin now and hold until december maybe we can see the highest peak of bitcoin.

[qwizzie]

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 think your premonition came true today. Where it goes from here is anyone's guess....

[BitHodler]

I think your premonition came true today. Where it goes from here is anyone's guess....

It wasn't rocket science anyway, so it doesn't hold much value. After having failed to breach the $10,000 mark it was clear that there were only two possible options that could follow.

First option is that it will reload and attempt another breach some days later, where the second option is the disappointment of traders not booking the gains they were desperately hoping to book.

In both cases there is disappointment that the market has to go through, and exactly that disappointment forms a perfect tool for whales to push the market down in order to shake off weak hands.

As long as the bottom holds there is nothing to worry about. Whales won't break their own field.

[mace15]

I think no, bitcoin will never drop at $7k because the market is starting to recover so it's good to buy more bitcoin now and hold until december maybe we can see the highest peak of bitcoin.

Actually good to buy more and I am positive price next week can recover from this current rate. I don't think bitcoin will drop below $7k zone. So i am still positive were entering into recovering moment in any time.

[Altero]

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 ?

Its getting there already today, but it could be possible of not taking so long at this range and it rise again in few days. And if you have money inside your pocket, you better to have some btc today cause it really gives you profit in few days coming.

[deppil]

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 ?

It is quite possible to happen but we can't exactly predict when. As we know that crypto markets today are in high volatility, fluctuation of price happen always and there will be only two possible results either up or down.

For a few days the bear trend continues to happen is not impossible the price will touch $7k and in some markets it seems the price is under $8k right now. and if that's true happen I'll buy some in that price range. I'm sure once the price drops to the bottom line. then the price will soon rise and recover. so prepare yourself

[karanggatak]

Now bitcoin has penetrated the $7k zone I think it will take time for bitcoin to break into the $9k price as last month bitcoin in the $6k range, what we need now is good news that makes bitcoin back bullish again, too much bad news lately that makes falling bitcoin prices, I am quite depressed to see the current market because it felt tricked by the news in circulation.

[CrazeCoinz]

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 ?

Its getting there already today, but it could be possible of not taking so long at this range and it rise again in few days. And if you have money inside your pocket, you better to have some btc today cause it really gives you profit in few days coming.

The price failed to break the wall of $10k and it's going fall down a sign that we have strong resistance at that level. I'm hoping that this can't go lower than $7k and quickly recover to gain a good rally. Yeah this is again the best time to buy more bitcoin as the price is falling down.

[gabmen]

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 ?

Its getting there already today, but it could be possible of not taking so long at this range and it rise again in few days. And if you have money inside your pocket, you better to have some btc today cause it really gives you profit in few days coming.

The price failed to break the wall of $10k and it's going fall down a sign that we have strong resistance at that level. I'm hoping that this can't go lower than $7k and quickly recover to gain a good rally. Yeah this is again the best time to buy more bitcoin as the price is falling down.

7k is a pretty low support level already considering where we've been to but as they all say anything's possible. Last time i checked, we're back at 8k though it's really unstable there and we definitely can go lower again in the next few hours. But we've we've all been here before guys you all know what's coming after all these drops :p