Bitcoin down

[ufaiz50]

Bitcoin is back down to $ 7500 and altcoin is also following Bitcoin, is this to buy BTC when it is going down badly or waiting for the price of $ 7,000,

Buy at the lowest price in your opinion, now the price of bitcoin is back at $ 8.5k. Lucky those who bought at prices dropped yesterday, this will really be a good growth. Yesterday the correction occurred in up to -10%. I Started to feel that the altcoin value really depends on the change in the value of bitcoin, I think the ups and downs are very similar between bitcoin and altcoin.

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[JCviggen]

I think for now bitcoin is at a stable value. not much changed although several times decreased in a short time there will be a recovery in prices. changes that occur also in the same price range, this is a saturating phase but for traders who can take advantage of the current situation of the bitcoin market must have been getting a lot of profits.

it will be very good for traders now if Bitcoin goes into some kind of stable state for several days or weeks. if we will stay in the range from 8200-8400 for a couple of weeks, then it will be possible to make very good money on altcoins

[xiboothrezi]

Surprisingly its up $8,000+ again in just few hours. Crazy market but hopefully this is the break out that we have been waiting for or manipulators are just playing tricks on us. Hopefully you guys took advantage as well.

What a surprise, this is the exciting thing about cryptocurrency, often unexpected. Fundamentally, this may be the increase this time after previously reaching a low level of around $ 7,500 influenced by a statement from China's President Xi.

As an influential country, China is the largest holder of bitcoin in the world, of course, this will have a huge effect. Let's see, to what extent this will work.

[Serco]

Surprisingly its up $8,000+ again in just few hours. Crazy market but hopefully this is the break out that we have been waiting for or manipulators are just playing tricks on us. Hopefully you guys took advantage as well.

What a surprise, this is the exciting thing about cryptocurrency, often unexpected. Fundamentally, this may be the increase this time after previously reaching a low level of around $ 7,500 influenced by a statement from China's President Xi.

As an influential country, China is the largest holder of bitcoin in the world, of course, this will have a huge effect. Let's see, to what extent this will work.

if  mr president already release his positive statement for blockchain and cryptocurrency ofcourse all investor will be very confidence to buy bitcoin.moreover he come from super power country in economic where are much giant invstors come.and we see bitcoin move $1000 in less ahour after news released.

[forexandcryptoauditor]

From my point of view, Bitcoin may reach towards 6000 until May 2020.
After Bitcoin halving rewards event, it may touch 15000 until end of December 2020.

[Pelunize12]

bitcoin is pump so crazy now, start from 7400$ to 8600$ it means over than 10%
i think this pump is caused by china's president Xi, China’s President Xi Urges Accelerated Blockchain Technology Adoption

The price tests resistance at 8600$ now, but i think it would fail, we will retrace before breaking 8600$ resistance

[torrantz]

bitcoin is pump so crazy now, start from 7400$ to 8600$ it means over than 10%
i think this pump is caused by china's president Xi, China’s President Xi Urges Accelerated Blockchain Technology Adoption

The price tests resistance at 8600$ now, but i think it would fail, we will retrace before breaking 8600$ resistance

It caused by BAKKT and it's not about the acceptance that comes from china
https://twitter.com/BakktBot
blockchain is not always about bitcoin and blockchain is much more to the adoption of the protocol chain. BAKKT increases a lot on its daily trade volume and that's why the market is getting FOMO especially for bitcoin that affected the whole of the cryptocurrency. There was a lot of news that has already confirmed this news.

[zenhu]

Don't over thinking about bitcoin price, up or down its no problem. More bitcoin cheaper, there is we have chance to buy. If you believe in bitcoin just hold it.

[Pelunize12]

Bitcoin is back down to $ 7500 and altcoin is also following Bitcoin, is this to buy BTC when it is going down badly or waiting for the price of $ 7,000,

be patient mate, bitcoin is downtrend now with no big retrace, it looks like that bitcoin would be low and lower
it is wise if you buy after a 'sign' that tells bitcoin would be up, but it hasnt happened right now, look this chart, there is no any 'sign'

The market is green again but bitcoin is still not showing up for its rise, and I think this green will not be long and will be red again after a few days, so right now bitcoin is still downtrending in the next few weeks.

so why did you say the market is green if not showing up for its rise?
c'mon mate, lets subjective. make opinions with good reason

yesterday i was pessimistic with bitcoin price, but now i change my view after reading this news China’s President Xi Urges Accelerated Blockchain Technology Adoption
that's big news and i hope the news would impact more in bitcoin price

[Maslate]

Don't over thinking about bitcoin price, up or down its no problem. More bitcoin cheaper, there is we have chance to buy. If you believe in bitcoin just hold it.

Bitcoin is really in a low price right now so we should always grab this chance and hold it until it reaches another peak price. But i also believe that anytime its price will pump again without even notice so make sure that we have hold bitcoins so that we can also make profits from them when bullish market happens.

[erickastella]

now bitcoin is bolting to the moon, but it is possible to go back down again because of bad news, altcoin is also in existence now, i hear the news that night singing there will be good news from bitcoin, we'll see

[Jating]

Again, this kind of thread is good to look back at.

Just today alone bitcoin is going mad crazy and I wouldn't be surprised if we touch based $10k if their is enough momentum. We would have though that after plummeting to $7400 last Friday, bitcoin will rebound and will go on a dramatic rise to $10k today.

So let this be a lesson for everyone here: No one can predict the market movement, if the price is down, chances are it's going on the other direction. Bitcoin has proven it's resiliency, and what's funny is that there are so many so called experts that predict that price will still go down hard, in the line of $6k, but just look what happened next.

[SvonioneFromMangoCoinz]

Bitcoin is back down to $ 7500 and altcoin is also following Bitcoin, is this to buy BTC when it is going down badly or waiting for the price of $ 7,000,

We should not hesitate anymore. This is a great opportunity to buy a lot of bitcoin and store it until the halving event next year. Many hypotheses that bitcoin will fall to $ 4k8 or $ 6k4, and the sharks have proved them wrong.
When the market is growing strongly like the end of 2017, we should respond accordingly. We can have a profit of about 30%. This is just my advice and hope it helps you.

[NewRanger]

now bitcoin is bolting to the moon, but it is possible to go back down again because of bad news, altcoin is also in existence now, i hear the news that night singing there will be good news from bitcoin, we'll see

i am not sure bitcoin will drop sharply again.market sentiment now very good , investors and traders very confidence to buy bitcoin after mr president statement.it there is drop it just little correction when some trader take profit for their last buying.maybe in this october bitcoin could hit 16.000 as predicted by many experts.

[watergold]

Again, this kind of thread is good to look back at.

Just today alone bitcoin is going mad crazy and I wouldn't be surprised if we touch based $10k if their is enough momentum. We would have though that after plummeting to $7400 last Friday, bitcoin will rebound and will go on a dramatic rise to $10k today.

So let this be a lesson for everyone here: No one can predict the market movement, if the price is down, chances are it's going on the other direction. Bitcoin has proven it's resiliency, and what's funny is that there are so many so called experts that predict that price will still go down hard, in the line of $6k, but just look what happened next.

Many expert predictions missed because the price of bitcoin is uncertain, and I am very happy that many people are fortunate now that the market has really recovered today,

Now any prediction cannot be made a benchmark because it is not necessarily a fact that it is better to analyze it the way you have it and do not bow down to the expert's prediction.

[Eugenar]

now bitcoin is bolting to the moon, but it is possible to go back down again because of bad news, altcoin is also in existence now, i hear the news that night singing there will be good news from bitcoin, we'll see

i am not sure bitcoin will drop sharply again.market sentiment now very good , investors and traders very confidence to buy bitcoin after mr president statement.it there is drop it just little correction when some trader take profit for their last buying.maybe in this october bitcoin could hit 16.000 as predicted by many experts.

The investors are now finding the best way to enter the market basically bitcoin, since allot of news concerning focusing on adoption is present in the market. In this case, this December will be a good month to experience the increase in bitcoin and altcoins market price. But all these date didn't literally stating what will happen. The possibilities are huge since we already experience the bear market in the past year.

[plast555]

That's already old news. Decreases in the price of bitcoin are commonplace. So it's wrong to panic. Immediately after that fall, it began to recover quickly.

Besides that, I expect Bitcoin's price to be above $15k by 2020. Therefore, the realization of such decreases in the short term should not worry investors.

The trend always say that, when bitcoin is down big time, in time it will also rise big time, in fact its just a matter of time therefore timing is very important here. I am not bothered anymore even if bitcoin is down because I believe it will not go away, I am fully convince that the crypto market is very volatile that it could make the weak hands panic while it will not affect the strong hands or the smart ones.


I like to also request that this thread will be move at the right board which I think the speculation board.

Yeah, man, that's what we've both been waiting for. Just after these conversations Bitcoin experienced a serious and wonderful jump of 15%.

I hope this rise of Bitcoin continues because this situation is quite promising for us.

[Neo.op]

We saw a nice increase but BTC will go down again, it is really hard to go up and up everytime, it will need a correction. Altcoins are bleeding today, but they will recover soon for sure. What I estimate is, Bitcoin will go back to 7800-7900 and stay there for a while as alts go up a little. BTC needs to slow down and go sideways for a while.

[joseyphil82]

Its crazy that John McAfee doubled up his prediction, i saw the news this morning, a million dollar per bitcoin is still impossible even after bitcoin halving the highest i expect is 40k not a million or two, either way this present market movement drives up few crypto hype and i think its a good time to start buying

[Serco]

Its crazy that John McAfee doubled up his prediction, i saw the news this morning, a million dollar per bitcoin is still impossible even after bitcoin halving the highest i expect is 40k not a million or two, either way this present market movement drives up few crypto hype and i think its a good time to start buying

its not logic if bitcoin price predicted at a million dollar. I am doubt there is investor will paid one million for one bitcoin .it will best any investment portofolio in the world, even gold.and let market will decided john mc afee prediction will come true or not.in my opinion $80k more accepted in our mind and market.