Will BTC again Fall down at 7k?!

[peter0425]

Anything is possible in this market. Who would have thought that bitcoin can go to almost $20K? And everyone is saying that bitcoin will not go below 5 digit? But it did so we can't be for certain that it will not fall down to $7K. But its a good buying point again if this happen and recovery will be very quick. At this point, the price is hovering just above $8K levels and it seems stable. However, one negative news will put pressure on the price again and might result in another panic sell. But I will remain very bullish and do hope that we can slowly gain in the next couple of days and will be happy to get to $9K mark.

[nicksnn]

I see two ways: 1. Bear market will continue and price will drop. 2. Bulls are coming and ready for a next run, but firstly they will try to "kill" longs.
So, the price will drop in both situations. Maybe not today or tomorrow, but it will happen

[Bushrat Jahan]

BTC price is always pumping and dumping although this is the main magic of crypto market I like these fluctuations. But in this current market, BTC is starting to dump again. So I have a question Is this time BTC will fall down again 7k?!

This thread should have been placed in speculations section. Anyway, I feel it could possibly go as low as 7,000usd. Keep in mind that August (ghost month) is coming. The Chinese do not want to deal with any kind of business during such.

Okay, sir next time I will place this types of post in speculations section. If it will have happened again then I will buy BTC again.
Thank You, Sir.

[jemerson1420]

its that what i think.

[papasmurph]

I think it is unlikely that such a decline will occur. Perhaps the price will range around $ 8,000, but will not fall below $ 7K.
 

[Bushrat Jahan]

Anything is possible in this market. Who would have thought that bitcoin can go to almost $20K? And everyone is saying that bitcoin will not go below 5 digit? But it did so we can't be for certain that it will not fall down to $7K. But its a good buying point again if this happen and recovery will be very quick. At this point, the price is hovering just above $8K levels and it seems stable. However, one negative news will put pressure on the price again and might result in another panic sell. But I will remain very bullish and do hope that we can slowly gain in the next couple of days and will be happy to get to $9K mark.

Thank you, sir, for your great opinion. I can't expect bellow 5 digit value of BTC. I think BTC correction period is over so it is time to move on forwarding the BTC value and it will reach 10k very soon.

[Ferry22]

No, bitcoin will not fall that far, $ 7k for now is a very low price. I'm sure, Bitcoin will soon be back up.

[Rubick99]

Sure, bitcoin have potential to down until $7k area. Look at the chart of btc daily time frame, that will be reach $7.8k. I think it's just correction, keep holding.

[CryptoMauren]

BTC price is always pumping and dumping although this is the main magic of crypto market I like this fluctuations. But in this current market BTC is starting to dump again. So I have a question Is this time BTC will fall down again 7k?!

I think we should follow the news about the btc since the beginning, many of the influences that lead to price btc up and down, like negative news circulating and others, could have been re-priced touched in 7 k, everything can happen in the crypto. I think enjoy price now is happening. short trade for me .

[Bustart]

I think it is unlikely that such a decline will occur. Perhaps the price will range around $ 8,000, but will not fall below $ 7K.
 

We can't really be sure about it since the market trend rises and falls, it seems the current price fluctuates a little, the previous week it was 9k and it now drops to 8k. The prediction of its dropping point to 7k is possible, if mainstream influence come into play again, circulation of false news, another banning issues or more. But I think even if it may happen, we can take advantage of it, we can have the chance to buy at low price and quick upswing in price can be an appropriate time to sell and gain huge returns.

[MinerFTW]

This may not happen because there is at least some positive news from today that can boost the market. Bitcoin, Ethereum, Ripple, and other basic crypto currencies are expected to receive support from the launch of two index funds - IronChain MiX10 and IronChain MiX10 Institutional, which resemble contractual funds. 

[Pinkris128]

BTC price is always pumping and dumping although this is the main magic of crypto market I like this fluctuations. But in this current market BTC is starting to dump again. So I have a question Is this time BTC will fall down again 7k?!

Thats was too low, I think its not that going to happen unless the dump was continuing. actually bitcoin price now was not that unstable like before. It was normal to dump and pump because it was one of the characteristic of bitcoin, being volatile. But we must always be ready for all the possibilties that may happen. So be sure that you wont feel any regret when it fall.

[Xenoph0bia]

BTC price is always pumping and dumping although this is the main magic of crypto market I like this fluctuations. But in this current market BTC is starting to dump again. So I have a question Is this time BTC will fall down again 7k?!

Thats was too low, I think its not that going to happen unless the dump was continuing. actually bitcoin price now was not that unstable like before. It was normal to dump and pump because it was one of the characteristic of bitcoin, being volatile. But we must always be ready for all the possibilties that may happen. So be sure that you wont feel any regret when it fall.

Anything can happen in the market.Bitcoin's price is a bit down now a days and is recovering but not at a faster rate like it did earlier.We do not know when will the price of bitcoin rise or fall as it is very volatile.Last year it almost touched $20000.This year also it is expected that bitcoin will do well.People have faith in bitcoin and that is why people hold back their bitcoins for future price.But we should be ready for the future consequences as anything can happen.

[SyrulRamadhan]

I think it can happen, from my analysis of bitcoin support now at 8000$ and if it falls below it will probably to support tnya at 7,700$ and probably going to 7,000$

[noorammak]

7k is possible but it's not finished yet. The market has changed in recent days but the move is getting better. Do not worry too much at this time as it is time to make more or less money.

[lutfor]

It's very much possible I think. We are all know bitcoin is unpredictable. We can't say that bitcoin price never reached 50k marks or more, because it's also very much possible for bitcoin. But if bitcoin price again down at 7k marks no need to worry at all because It will up again within shorter period of time.

[Idrisu]

You can see for yourself that the price has been trapped between $8000 and $8500 for pass three days and any moment that a powerfull news hit the market be it positive or negative will decide the direction of the price.  If it is negative? Then expect bitcoin to fall below $7,000 but if positive? Then it will be above $10,000. Therefore we should pray for positive news at this moment.

[Harley29]

It's not that hard to imagine and might even come true. But it has been like that since the advent of economics. Prices will rise and fall depending on public interests. Luckily, bitcoin is resilient and a great way for trading for most people in-the-know

You are right rise and fall use to happen in crypt currency as if today price of bitcoin is high and it is at increasing mode then tomorrow it can fell down as well but we will have to remain aware of what situation bitcoin is passing through, right now price of bitcoin is getting better and I am sure it will be high more than this with few months so I think this is time for bitcoin to rise high instead of fall again.

[Kaniel-ouots]

cryptocurrency isnt stable and isnt good right now everytime its goes up it goes down more and more maybe it will back to zero as someguys said like vitalik(eth founder)

[cakravothy]

still posible bitcoin price down again until reach 7k dollar
but ussualy midle year until end year bitcoin price can incraese high