Bitcoin price today returned to $ 7,800

[Eugenar]

And just like that the price of bitcoin goes to above $8200 and its on a 4% increase in the last days or so. There's a lot of support $8k and that did was perhaps a signal that it is the best time to buy again that's why the price suddenly shoot up. Looks like we are bearish in a short term, and I do hope that we can climb back to 5 digits before the end of the year.

What just happened is just a showcase of volatility, there's nothing to be feared of since with such great news awaits such market trend, I think 1 year as bitcoin being low is enough to say that we are now facing the upward trend or the bull run.  News about China, bakkt is enough to describe what would be the market price very soon. Who knows if US is also planning to convert they currency to digital? Let us now be ready and accumulate enough.

[aysg76]

bitcoin is now back at $8K++. I think this is just a rally and not bitcoin will return to the downward trend. the current situation is quite good and there is nothing to worry about. even many people want a small decrease before the bull.

Yes there is no to be worry about the value because everything have plan for sure because bitcoin bull will continue happen again.
This month more than $8000 will see for the bitcoin value and Im really sure once bitcoin start to rise again it will continue and bill run really appear and everyone will believe that bull run happen again give bitcoin more weeks  I think.

I even bought Bitcoin at the current price of $ 8,200. I don’t see the low prices for Bitcoin anymore, for $ 6,000 there will definitely not be a price. I also predict a rise in the price of Bitcoin this year to $ 12,000.

I agree with the next couple of months we might see it rise up ,
And I don't really think that it might go down below $6,000 again.
There would be a halving next year and I expect that it would create a FOMO and it would rise the price again.

We might experience a rally coming, pumping the prices again in the upward direction before the beginning of 2020. But I don't think the price would decline any further from here and for now, 7500$ could be a barrier that would prohibit any additional decrease in the price...

[ene1980]

China still is making the big moves. About downtrend no one really predicted but you could see coming a slow down in volume and volatility lead to dump after descending triangle.

What relevance does China have in the market now, there was a time when every news coming out from China could have an implication on the market valuation and i have seen many drop in price simply because of FUD news coming out from China and now we get rid of that for a long time, now a days the market does not respond to these FUD news most of the time.
The market is looking for a direction and we might see some fall before the rally.

[ardentvolcanoes]

China still is making the big moves. About downtrend no one really predicted but you could see coming a slow down in volume and volatility lead to dump after descending triangle.

What relevance does China have in the market now, there was a time when every news coming out from China could have an implication on the market valuation and i have seen many drop in price simply because of FUD news coming out from China and now we get rid of that for a long time, now a days the market does not respond to these FUD news most of the time.
The market is looking for a direction and we might see some fall before the rally.

I also remember those days where the FUD from china affects the emotions of crypto investors and traders, but that's been long forgotten as adoptions
is now the basis of movements, not every specific news that spread around creates anything but since investors are wise now doing research and make
a proper assumptions save their investment. The price cycle continue and only those who are willing to work with this type of volatility will survive and
succeed.

[CarnagexD]

The price today has marked its low near $7900. There are more price predictions stating that this will go low to $6000. For all users who are into plans of buying bitcoin can now begin to buy for the upcoming years profiting. By now there is some growth in the world market in comparison to the past months. This trend should have some positive impact upon the cryptocurrency network, but for some reason this time the market has crashed a little.

As of now the price of bitcoin is now 8397.03$ and I think the downtrend might not happen if the price keeps on rising. Even bitcoin is not down to 7800$ it still good to buy especially if there will be a coming bull run. I hope the price of bitcoin will not down again below 7800$ and even there is some prediction about the price of bitcoin that might down to 6000$ I hope it would not happen. Buying bitcoin is also one of my plans because of the uprising price in the next couple of years.

[bitbunnny]

The price today has marked its low near $7900. There are more price predictions stating that this will go low to $6000. For all users who are into plans of buying bitcoin can now begin to buy for the upcoming years profiting. By now there is some growth in the world market in comparison to the past months. This trend should have some positive impact upon the cryptocurrency network, but for some reason this time the market has crashed a little.

As of now the price of bitcoin is now 8397.03$ and I think the downtrend might not happen if the price keeps on rising. Even bitcoin is not down to 7800$ it still good to buy especially if there will be a coming bull run. I hope the price of bitcoin will not down again below 7800$ and even there is some prediction about the price of bitcoin that might down to 6000$ I hope it would not happen. Buying bitcoin is also one of my plans because of the uprising price in the next couple of years.

The price is above 8000$ again but that doesn't mean that it can't get down to 7800$ or lower. I think we entered in high fluctuations phase that might last for a while. I don't expect sharp price fall or rise but the range between 7000$ and 9000$ is possible and expected.

[watergold]

The price today has marked its low near $7900. There are more price predictions stating that this will go low to $6000. For all users who are into plans of buying bitcoin can now begin to buy for the upcoming years profiting. By now there is some growth in the world market in comparison to the past months. This trend should have some positive impact upon the cryptocurrency network, but for some reason this time the market has crashed a little.

As of now the price of bitcoin is now 8397.03$ and I think the downtrend might not happen if the price keeps on rising. Even bitcoin is not down to 7800$ it still good to buy especially if there will be a coming bull run. I hope the price of bitcoin will not down again below 7800$ and even there is some prediction about the price of bitcoin that might down to 6000$ I hope it would not happen. Buying bitcoin is also one of my plans because of the uprising price in the next couple of years.

The price is above 8000$ again but that doesn't mean that it can't get down to 7800$ or lower. I think we entered in high fluctuations phase that might last for a while. I don't expect sharp price fall or rise but the range between 7000$ and 9000$ is possible and expected.

I don't think Bitcoin will drop below $ 8000, because this is the lowest point at $ 8500 so it could possibly go up more than $ 9200 more, whatever happens next month I hope you already hold BTC because Bitcoin is likely to rise rapidly.

[minersday]

Bitcoin price slipped to $ 7,800
Many experts have foresaw Bitcoin's downturn as all eyes are on Golden Week * in China. However, when the Chinese return to the cryptocurrency market this week, will they decide to buy at the current bottom? Or will they continue to stand out of the game to watch the support break down?

(* Golden Week is a policy applied in China since 1999 for two important holidays: Chinese New Year and National Day (October 1). Before 2007, Chinese people also had a "Golden Week". "Tuesday is International Labor Day May 1.)
If you are interested in cryptocurrency exchanges, you can refer to: https://vakaxa.com/vi/dich-vu-lam-xay-dung-va-phat-trien-san-giao-dich-tien-dien-tu-uy-tin/

bitcoin-today-today-about-7800-usd [1]
Overview of Bitcoin price and cryptocurrency market today (October 7).
With Bitcoin's daily price chart, the usual price range is $ 7,600 to $ 9,500. When Bitcoin is put into the sideway, the buying and selling forces will fall into equilibrium. At the same time, the market is about to have big fluctuations. Therefore, Bitcoin is best to keep a stable support level of $ 7,120 to gain momentum in the near future. If not, the market could witness a new plunge.
You can read can track Bitcoin price today right below:

Bitcoin (BTC)

$ 7,923.84 (-2.57%)
Rank

first
MCap

$ 142.45 B
Volume

$ 13.39 B

The drop or rise of the market value of Bitcoin is not really anything new to people in the crypto ecosystem. You just have to take advantage whenever the market value drops. In January this year (2019),  Bitcoin was worth around $3400, people who took advantage of this drop and bought some bitcoins make twice and triple in June. Just take advantage of this drop.

[Best Dreams]

The price today has marked its low near $7900. There are more price predictions stating that this will go low to $6000. For all users who are into plans of buying bitcoin can now begin to buy for the upcoming years profiting. By now there is some growth in the world market in comparison to the past months. This trend should have some positive impact upon the cryptocurrency network, but for some reason this time the market has crashed a little.

As of now the price of bitcoin is now 8397.03$ and I think the downtrend might not happen if the price keeps on rising. Even bitcoin is not down to 7800$ it still good to buy especially if there will be a coming bull run. I hope the price of bitcoin will not down again below 7800$ and even there is some prediction about the price of bitcoin that might down to 6000$ I hope it would not happen. Buying bitcoin is also one of my plans because of the uprising price in the next couple of years.

Well at different times price become different so if you have any idea about the current price you will know that it can increase more than this it’s about the potential of the coin. $6k is the low price I don’t expect that low. Holding will increase this price but I truly believe that bitcoin has guts to be more $20k this will happen very soon till the end of 2020.

[Pearls Before Swine]

*Note* I do realize this thread is a few days old.  That's why I want to point out that they are basically unnecessary, because right now on preev bitcoin is going for $8341.  While that might seem a staggering move within 3 days, it is normal for bitcoin, and it wasn't a big deal at all that it had fallen to below $8000.  Right now this is one of the stagnation periods that bitcoin goes through every now and then, and we all just have to wait and see which way the real movement is going to be, when the market starts to show some clear momentum.

I would also add that since I am a firm believer that the market is going to rally eventually and that bitcoin will probably at least approach its all time high next year, any time you are able to buy it at prices like these is a golden opportunity.  Sentiment is not poor at all.  Rather, the market is just taking a breather after exploding out of the $3500ish range.

[coinfinger]

I think this really shows that the Chinese are very strong cryptocurrency users, I heard of this their holiday too because I do import from china and I think their holiday went for almost 1 week. Let us see what will really happen again now that they are back from holiday and I think that many people can now see that the population of Chinese people in the bitcoin community can really not be over looked and we really need this country’s support for bitcoin to really continue to make it.

I have been wondering what effect of holiday could be on bitcoin price, and now, I can see that we should not really be relying on some of these great holidays that has celebrations in them, which means Christmas could be actually worst for the crypto market as people may be removing funds for celebration.

[AliMan]

I think this really shows that the Chinese are very strong cryptocurrency users, I heard of this their holiday too because I do import from china and I think their holiday went for almost 1 week. Let us see what will really happen again now that they are back from holiday and I think that many people can now see that the population of Chinese people in the bitcoin community can really not be over looked and we really need this country’s support for bitcoin to really continue to make it.

I have been wondering what effect of holiday could be on bitcoin price, and now, I can see that we should not really be relying on some of these great holidays that has celebrations in them, which means Christmas could be actually worst for the crypto market as people may be removing funds for celebration.

If these people had no other options but to use their money for personal expenses, we barely see bitcoin price go down for several hours and thereafter recovers back. Same with fiat consumption, when there's worldwide celebrations many bank would be out of cash because of tha reasons, but you won't notice the value will fall so fast due to regulation. Unlike with crypto, price will decline badly if crypto user of that county like china dumped a huge amount of their asset will cause a decrease on btc value.

[barota]

everyone should not try to find exact bottom . prices bitcoin can jump to 11000 usd per btc at any moment . the recent pump can give lot of hope for holders ;halving coming and you should never sell . prices can reach 15000 usd per btc before halving

[d3nz]

everyone should not try to find exact bottom . prices bitcoin can jump to 11000 usd per btc at any moment . the recent pump can give lot of hope for holders ;halving coming and you should never sell . prices can reach 15000 usd per btc before halving

The value of bitcoin will probably not dump to 8000 below and i think that it will bounce back before the end of this month and it could hit between the value of $10,000 - $12,000.

And when halving is near then it might reach more than the ATH then altcoins will surely follow up and it could take a lot of profit if we buy in cheap like today.

[Wysi]

everyone should not try to find exact bottom . prices bitcoin can jump to 11000 usd per btc at any moment . the recent pump can give lot of hope for holders ;halving coming and you should never sell . prices can reach 15000 usd per btc before halving

Yes that's  nice to hear but sometimes it becomes difficult to manage emotions especially when you don't want to risk the existing value when you have planned for a short term investment, it become too tough to hold on that's why I have segregated my investment into different grades like short term funds,  long term funds and day trading. Yes we need to dedicate a set amount of BTC to sell in post halving.

[dimonstration]

everyone should not try to find exact bottom . prices bitcoin can jump to 11000 usd per btc at any moment . the recent pump can give lot of hope for holders ;halving coming and you should never sell . prices can reach 15000 usd per btc before halving

Yes that's  nice to hear but sometimes it becomes difficult to manage emotions especially when you don't want to risk the existing value when you have planned for a short term investment, it become too tough to hold on that's why I have segregated my investment into different grades like short term funds,  long term funds and day trading. Yes we need to dedicate a set amount of BTC to sell in post halving.

Diversifying and having strategic plan is all we can do to assess what we ever needed as we still need to gain profit while waiting for the market to be at bull and to do that day trading can give us earning depending on the alts we will choose. It's hard sometime to sell when you thought that coin can be for long term but been too low for updates or some hypes,