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Author Topic: Will BTC again Fall down at 7k?!  (Read 745 times)
BQ
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May 17, 2018, 12:40:29 PM
 #21

The market is struggling to keep up it seems like. We were really close to 10k, fell down to around 8.5k, and now hovering with a lower high every day..
I think we might be in for a (temporary) bad time  Angry

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May 17, 2018, 12:41:39 PM
 #22

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?!


New big bad news is microsoft is start to ban crypto ads from bing this month, and it means the one of the richest man in this world (bill gates) not supporting cryptocurrency, this is why price is dropping.
But 7k is too low, i think it will rebound somewhere in 8k ish.
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May 17, 2018, 12:42:20 PM
 #23

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 have to be at least AI (artificial intelligence) experts to tell such a probability. Extremely complicated statistical analyses are needed to understand that.
We may hear news or opinions from different sources and people. If they are not evidence-based, we can't be sure of anything concerning the prices.
That will be just a prediction with 50/50 chances...

P.S. If I knew it for sure, I would never share it publicly!  Wink
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May 17, 2018, 12:45:14 PM
 #24

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?!


Though bitcoin fell from 9900$ to 8200$ but it does not mean that it will go down below 8k$. There is a support on 8k$ and it will take another huge dump for it to go down. If we look at the charts there is a little volume of trade and this means that there is no abnormal movement in the bitcoin market. Soon we will be going up again so let us just hold on tight.
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May 17, 2018, 12:46:22 PM
 #25

No one can tell us if the price will go back to $7,000 again, just keep updated to the news in order for you to know what can possibly to the price on the next coming days.

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May 17, 2018, 12:50:38 PM
 #26

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?!

Back to your basic reading on how the trading works. you have been around in the forum in a while and still your questioning that "will Bitcoin fall down agian 7k?"

Analysis of the market is the best way to determine on how the market moves. But for 7k, I think it will go for 7.2k because of the support line last November 2017.

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May 17, 2018, 12:53:03 PM
 #27

I think we will never go again under 7.000$, atleast the graph saying this.. but the bad things like bad news/manipulation/mt.Gox could always happen.
1day support line is around 7.800-8.000$, wich is also a great support and it is also the bottom of a short term uptrend channel.. but yeah, is almost useless to predict things in this manipulated market.. so let's see and hope for the best Cheesy

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May 17, 2018, 12:54:38 PM
 #28

Bitcoin will go increase to 9-10k by this month end and  never fall down to 7k . Expecting more news on bitcoin which will increase the bitcoin price in few days.
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May 17, 2018, 12:55:09 PM
 #29

no, bitcoin will not fall back to 7K, support from some parts of the world has made bitcoin survive between 8K and 9K.

the correction will end, so, in my opinion bitcoin just takes a little time to go rise and high again.

I am waiting for whales and big investors to take advantage of falling bitcoin prices, so I'm sure that bitcoin will be 25K this year.

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May 17, 2018, 12:55:46 PM
 #30

bitcoin is incorrect but true touches the $ 10000 price, if true the market will throw it away we will go under $ 5000, at least get more buy support below it, hopefully you will see another 2 years from now


Why not? it could be real, of course.
But, maybe, it is time for buying

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May 17, 2018, 01:00:48 PM
 #31

I don't think BTC will fall down that much. I'd say it won't go under 8 K and in one or two weeks, the price will be around 10 K again like it was 2 weeks ago. The Microsoft news is bad, but i think, the recent dip is only temporary.
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May 17, 2018, 01:06:36 PM
 #32

No one can tell us if the price will go back to $7,000 again, just keep updated to the news in order for you to know what can possibly to the price on the next coming days.

That was true, being much active and updated not only in news but in actual movements in the market will be the best things that we can kept so we can be much aware to the fluctuations of bitcoin.  Whether it's dumping or pumping it's non sense if we are not be continuously updated into it. However, at all times we just be the same because we cannot predict it's exactly value that can be until we will see it in the present time.
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May 17, 2018, 01:06:48 PM
 #33

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?!

It really depends on how the demands for bitcoin in the market would go up, and how the supply could manage to sustain that desired amount needed. Consider also other factors that affect the fluctuation, it also contributes to the price movement of bitcoin even how minimal the effect may be. After all, even it goes down to 7k usd, it is still good news for buyers. Lets just wait and see.

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bitcad4u
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May 17, 2018, 01:10:50 PM
 #34

The reason you like this fluctuation is very common.You like to buy a bitcoin at low price.I think bitcoin will not move to 7000$ again.The pump and dump is occur very rare,for example once in a month.This price fluctuation is common ,you have to hold the bitcoin to get some profit from it.
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May 17, 2018, 01:19:02 PM
 #35

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 don't have the power of seeing the future so I can' answer this type of questions. Cheesy

But I believe that it won't fall down again to $7K because already the prices were reached the level of $6K and after that recovered so quickly to $9K above but again it falls down to $9K for the fast few days so it is like a correction after the bump so it won't reach to the previous range again soon the price will start to recover.In case if the price goes back to $7K then buy more coins because it maybe the last time we can see that price in the bitcoin history.
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May 17, 2018, 01:23:15 PM
 #36

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?!


Not sure if it is going to kiss the prices of 7K USD but there is one thing sure that people currently are in panic mode. Hopefully this will surge sooner to avoid the dramatic effect further. When there is such down trend going on I get panic about the panic sellers as to how much extend they might just go and disturb the market further.  Roll Eyes

However with current patterns it feels that it wont be that down, and will recover back by tomorrow or within week for sure. We are already witnessing that since over a month now.
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May 17, 2018, 01:27:59 PM
 #37

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?!


Not sure if it is going to kiss the prices of 7K USD but there is one thing sure that people currently are in panic mode. Hopefully this will surge sooner to avoid the dramatic effect further. When there is such down trend going on I get panic about the panic sellers as to how much extend they might just go and disturb the market further.  Roll Eyes

However with current patterns it feels that it wont be that down, and will recover back by tomorrow or within week for sure. We are already witnessing that since over a month now.
Being immune with any downfall and learn how to play with the sway, this market really have a lots of fluctuations and more people believes that this is just a temporary movements, having those speculations that bitcoin can fall back to 7k$ seems to create FUDS and those weak holders will begin to panic and sell out their holdings giving opportunity to whales to grab more and begin to pumped back again to earn much more.
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May 17, 2018, 01:29:30 PM
 #38

Dont worry . BTC price will go to 20K $ again by the end of this year
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May 17, 2018, 01:29:51 PM
 #39

I think that it is unlikely that the price of bitcoin will fall again to 7 thousand dollars. Currently, there are purchases of bitcoin by institutional investors and they will soon try to raise the price of this coin.

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May 17, 2018, 01:30:23 PM
 #40

It is unlikely that this will happen in the near future, as bitcoin is going through a whole good times. Small deviations from the price growth are a temporary phenomenon that could be expected. In short, this is called a correction.
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