Bitcoin faces more decreases

[bolajiy123]

Bitcoin Dips Below $11,000: Analysts Forecast 30% Drop to CME Futures Gap. I think bitcoin might suffers more decreases before the end of the year and making the 20,000$ year end price not realistic.

[VanDeinsberg12]

14k should be the top for this year. CME becomes the main news that caused the downtrend for bitcoin. 20k looks unrealistic prediction even with a lot of good news come caused by bitcoin goes to the moon caused by the hype.
CME futures gap give direct impact to the crypto market too and this is so bad.

[kramchers]

Bitcoin Dips Below $11,000: Analysts Forecast 30% Drop to CME Futures Gap. I think bitcoin might suffers more decreases before the end of the year and making the 20,000$ year end price not realistic.

We will never know what will happen unless it happened already.
Cryptocurrency and its market is changing fast we should always watch our holdings.
If Bitcoin will fall more i believe that the ETH price to BTC will go up. but this is normal, i still believe BTC @ 16K above before the year ends.

[charlop24]

We've witnessed bitcoin price reduction severally and this one does not seem to tickle my fantasy because I know its just a market correction and in no distant time there would be a rising value for Bitcoin and other altcoin. The market is still bullish in my opinion and price correction is a norm in this industry.

[carter34]

I think bitcoin might suffers more decreases before the end of the year and making the 20,000$ year end price not realistic.

I have not thought of bitcoin going over its ATH by the end of this year... Not at all. My reason is simply that this year from the beginning to this day has not shown that kind of serious run it did back then , two years ago. So, it would be a magic for that to happen within the next four months to the end of this year.

[Thanasis]

Bitcoin Dips Below $11,000: Analysts Forecast 30% Drop to CME Futures Gap. I think bitcoin might suffers more decreases before the end of the year and making the 20,000$ year end price not realistic.

Price of bitcoin swings on both directions so we cannot blame when it goes downwards,if you are really skillful analyse the market about how much the drop is going to happen and buy at the lowest point.No one can prove how much bitcoin able to reach until this year's end so 20K is just a blind calculation of common mind.

[Upgate]

Your thought are dark and you don't have any reason to substantiate your thought. Bitcoin has got what's required to pitch the twenty thousand dollars despite this rough little period.
Categorically speaking the dip is not one of the largest dips we have seen this year so no specialties should be giving to it.

[enhu]

If its going that way then its going that way. We're all in this together anyway, its not like some other exchanges has extremely different price. There is nothing left to do in crypto but to keep waiting where it goes. If you try trading with the few knowledge you got trying to work out with the indicators, there are only two results, you either win or lose. But I wish btc to be just $1000 if they really can bring it down because at least this will give us fair chance to own at least more than 10BTC

[nxnqauff]

Bitcoin Dips Below $11,000: Analysts Forecast 30% Drop to CME Futures Gap. I think bitcoin might suffers more decreases before the end of the year and making the 20,000$ year end price not realistic.

I am not sure about 30% fall. But it should stop now and start moving up. It's falling for long time now.

[bigcash2011]

I still optimistic about btc to break above as even with this fall btc is still showing a bull flag on longer time frame charts and also descending triangle which usually breaks up, i think next week will be important and it can decide the next big move of btc.

[cytpoway121]

Bitcoin facing a bearish run is not new; and maybe it could go as low towards 10,000$
We have to wait and see how the support levels react; if it breaks or sustain

[Reid]

Why look for a larger increase. We already went up for a high increase in value already.
For some it is already Christmas but I think some are just too greedy and want some more.

I would rather stay with this price for now and until the end of the year. The sudden increase is too questionable and it might cause the bitcoin technology to be banned to other countries which could worsen the value of bitcoin with low usage and investors.

[Jenkins33]

Bitcoin Dips Below $11,000: Analysts Forecast 30% Drop to CME Futures Gap. I think bitcoin might suffers more decreases before the end of the year and making the 20,000$ year end price not realistic.

I’m not so worried about the price of bitcoin because I’m sure of its future growth. I am most concerned about the fate of many altcoins from the top 30. I wonder when will they start to rise in price and whether it will be somehow related to the rise or fall of the price of bitcoin.

[gunhell16]

One of the main factor which i see in the market is the low value of Ethereum.
Some people might want to exchange their BTC for ETHEREUM to max the profit which they can have.
We can take a look on the market, even though the Ethereum decreases the value in USD (with the lower price of BTC)
Its ETH-BTC value are going up, this is one cause of this downfall of BTC. there are many more reasons and i am just pointing one as a trader.

[adzino]

This is how the market actually works. Who said the price always will have to rise? The ups and downs are normal in crypto market. The predictions can never be accurate. So just following those predictions blinding would be a stupid thing to do and you will end up regretting. We can't expect the price to keep on rising. Corrections and price dip are needed to form a healthy market. I like the price as it is now. If you compare it with this years data, you will actually see that the price went up significantly. $20,000 USD maybe impossible, but who knows?

[eidoscore]

bitcoin still prepare and make correction in market before going to the moon, now we are in the middle of year, like data based on previous chart from few year ago, we can see the same condition and you know what happen later, just prepare yourself for bitcoin wave

[furball64]

Bitcoin Dips Below $11,000: Analysts Forecast 30% Drop to CME Futures Gap. I think bitcoin might suffers more decreases before the end of the year and making the 20,000$ year end price not realistic.

Bitcoin currently has no prospects for an early growth of up to $ 20,000. They speculate at its price and do not allow it to grow freely. I hope the price of bitcoin will rise this year thanks to the positive news regarding cryptocurrencies in China.

[hahay]

Yes, the 20k value is no longer possible to be achieved at the end of the year due to repeated major corrections in the third quarter which made the improvement not so good as the previous quarter. So with the big correction right now it looks like we will only be more patient and keep waiting and maybe in the next year there will be a more positive change in the cryptocurrency market.

[chanler]

We are so surprised that experiencing the next bear market of the BItcoin and all altcoins. Today, BTC faces around -7.13% and drops to $10,114.40 only. And moreover, the ETH, it will decrease likely some months ago, under $200 again.
Does it mean that crypto hype is over? Crypto world is really decreasing and then the price of all coins will be decreasing again and again to the bottom?

[glendall]

for this time I can't predict how much BTC goes down and goes up at the end of the year,
Today's decline is beyond my prediction, BTC should be going to 12,000 USD, but it's going down very deeply today,
but in the science of bounce ball, the deeper the fall, the higher the rise, hopefully.