Bitcoin down

[Peashooter]

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,

I think it is already a good time to buy bitcoin because it is so much down right now and the price of bitcoin is dumping around $7,400 there is also a chance that it may dump until $7,000 but I think it would be more great if we will buy right now because many predictions says that if the bitcoin reach it's down trend which is $7,500 then it would pump up very fast. But it's only some speculations and we really don't know what would be happen.

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[adzino]

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,

Why wait? You never know what is going to happen to the price. It might rise within few hours. You will be regretting then. Just invest a little and as the price keeps on dropping try investing more into bitcoin. This way, you won't miss any opportunity. Waiting for the price to fall even more before investing is kinda like gambling right now. There is a chance it will fall, again there is a chance it won't. It's more like if you don't invest now, you either return empty handed or will some nice high amount of profit.

[toast]

after a few weeks of recent days struggling at $ 8K, it finally fell to $ 7K. buy now because the next few days will bounce back,
realize this opportunity will not last long. don't wait, people just wait to aim under $ 7K but that won't happen.

as investors, of course we must be clever in taking advantage of every opportunity we will get in investing with crypto and bitcoin currencies in particular and in general investing in buying at low prices and selling them at high and high prices so that we will get benefits in investing and of course with confidence and patience is the capital needed

[White Christmas]

You really don't need to wait until it becomes $7,000 because at its price right now it is already affordable to buy and we must really get and buy bitcoin right now because we don't know when it will fluctuate and goes up again. This I would probably says that we need to panic buy bitcoin so that when the price goes higher again we can gain extra profits.

[CarnagexD]

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,

Maybe it is a really good opportunity to buy bitcoin if the price falls down below 7,000$ and if you look on the coinmarketcap the only down in top rank cryptocurrencies is bitcoin so basically, sometimes some altcoin does not follow on the falling down price of bitcoin. I know there are many investors who totally wait on the big dump of bitcoin but, do you think at the end of this month the price of bitcoin will fall down below 7,000$?

[DabsPoorVersion]

Waiting for the lowest dump is the best thing to do right now. Bitcoin price is lower than anticipated and it is now expected to drop more. If this will happen then this is a good opportunity for every investor, buying it at its current price is already a win-win, we should grab it as we are still in the bearish market.

[awik p]

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,

Maybe it is a really good opportunity to buy bitcoin if the price falls down below 7,000$ and if you look on the coinmarketcap the only down in top rank cryptocurrencies is bitcoin so basically, sometimes some altcoin does not follow on the falling down price of bitcoin. I know there are many investors who totally wait on the big dump of bitcoin but, do you think at the end of this month the price of bitcoin will fall down below 7,000$?

I think the maximum decrease of up to $ 6800, but I can not predict until the end of this month, considering there are only a few days left. here our patience is tested again to keep holding it. while to buy, I think it takes courage and confidence, for those who dare to take risks, I think they will get the benefits later

[NewRanger]

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,

Maybe it is a really good opportunity to buy bitcoin if the price falls down below 7,000$ and if you look on the coinmarketcap the only down in top rank cryptocurrencies is bitcoin so basically, sometimes some altcoin does not follow on the falling down price of bitcoin. I know there are many investors who totally wait on the big dump of bitcoin but, do you think at the end of this month the price of bitcoin will fall down below 7,000$?

I think the maximum decrease of up to $ 6800, but I can not predict until the end of this month, considering there are only a few days left. here our patience is tested again to keep holding it. while to buy, I think it takes courage and confidence, for those who dare to take risks, I think they will get the benefits later

that's good number for us if could happen. Personally i am preparing and waiting bitcoin price drop deeply agan.in this price i am sure i will get less risk and maximum profit later if we courage to hold for long term.many investors now waiting best price coming again like few months again.if 5700 coming , bright future will brighter than before.

[consideritdone]

btc went up a lot and too fast, expect a quick correction too https://www.coingecko.com/en/coins/bitcoin

[bitzizzix]

What we have to realize is that the price of bitcoin always goes up and down quickly like a roller coaster and that's where our patience is tested not to panic and must continue to hold it firmly.
the current bitcoin price of around $ 7,400 is actually a bitcoin decline is the right time to buy it in large quantities and then hold it back, and hope that in the next few months bitcoin will rise again.

[Bitkoyns]

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,

Maybe it is a really good opportunity to buy bitcoin if the price falls down below 7,000$ and if you look on the coinmarketcap the only down in top rank cryptocurrencies is bitcoin so basically, sometimes some altcoin does not follow on the falling down price of bitcoin. I know there are many investors who totally wait on the big dump of bitcoin but, do you think at the end of this month the price of bitcoin will fall down below 7,000$?

I think the maximum decrease of up to $ 6800, but I can not predict until the end of this month, considering there are only a few days left. here our patience is tested again to keep holding it. while to buy, I think it takes courage and confidence, for those who dare to take risks, I think they will get the benefits later

With the right mindset plus good amount of money anyone can profit on this price movement, today's price is kinda low compared to what is the average on the last few months and it might bounce back before the end of the year. If only I have extra money to spend, I would surely buy bitcoin now and I will be surely in profit even it takes me a year to wait so see the price $10,000 or more again

[GGmith]

I've acted fast by buying btc at the price of 7.5k, why? because I think this is a good opportunity. I have been waiting for this from the previous month when the price of BTC was at 8k. so I personally did not waste this opportunity to buy it, I am very confident that the btc will soon be significant back to the price of 8k and can even increase more than that price.

[key4co.in]

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,

It's all your personal decision dear whether to buy at dip or not, knowing that it can dip more and more or experience an uptrend. We all understand the risk involved in crypto, know your risk limit and never cross it to be safe. You can accumulate in parts, do not buy with all funds at once if I'm to tell you my opinion.

[sapnu]

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,

It's all your personal decision dear whether to buy at dip or not, knowing that it can dip more and more or experience an uptrend. We all understand the risk involved in crypto, know your risk limit and never cross it to be safe. You can accumulate in parts, do not buy with all funds at once if I'm to tell you my opinion.

We can all see that the market falls down. But we should not lose hope because we could help it to recover again if we continue to promote to gain more investors that will buy bitcoin and invest in some business depending on the project they want to invest in. We should have courage and patience at the same time because dump is normal in this kind of business, we all know that cryptocurrency's value is volatile, meaning the price is changing in every transaction happening all around the world. And patience is important because we who have some holding have to HOLD it until the market's wealth comes back, we just need to wait for that to happen and keep on what we are doing to earn.

[TrevorS]

• A high-volume range breakdown seen on the daily chart suggests scope for test of a long-term moving average at $7,200. A violation there would expose another major average support at $7,000.
• A corrective bounce above resistance at $7,534 could be seen before a deeper drop, as the intraday charts are reporting oversold conditions.
• A lagging indicator suggests BTC may bottom out in the range of $7,000 to $7,200.
• A UTC close above the Oct. 21 high of $8,352 is needed to confirm a bullish reversal.

Long-term bitcoin price support at $7,200 may be put to test for the first time in six months, likely after a minor price bounce.
The crypto market leader fell by $500 to $7,500 during the U.S. trading hours on Wednesday, confirming a downside break of the recent trading range of $7,800 to $8,400.
Prices went on to hit a five-month low of $7,293 before printing a UTC close at $7,470 – down 6.92 percent on the day, according to Bitstamp data. That’s the biggest single-day drop since Sept. 24, when prices had     declined by 11.83%.
The range breakdown indicates the sell-off from highs above $10,000 seen on Sept. 23 has resumed and prices could test support at $7,200 – the 100-period moving average on the three-day chart. That MA line was last put to test at the end of April.

https://www.coindesk.com/bitcoin-eyes-first-test-of-7-2k-price-support-since-april

[iv4n]

• A high-volume range breakdown seen on the daily chart suggests scope for test of a long-term moving average at $7,200. A violation there would expose another major average support at $7,000.
• A corrective bounce above resistance at $7,534 could be seen before a deeper drop, as the intraday charts are reporting oversold conditions.
• A lagging indicator suggests BTC may bottom out in the range of $7,000 to $7,200.
• A UTC close above the Oct. 21 high of $8,352 is needed to confirm a bullish reversal.

Long-term bitcoin price support at $7,200 may be put to test for the first time in six months, likely after a minor price bounce.
The crypto market leader fell by $500 to $7,500 during the U.S. trading hours on Wednesday, confirming a downside break of the recent trading range of $7,800 to $8,400.
Prices went on to hit a five-month low of $7,293 before printing a UTC close at $7,470 – down 6.92 percent on the day, according to Bitstamp data. That’s the biggest single-day drop since Sept. 24, when prices had     declined by 11.83%.
The range breakdown indicates the sell-off from highs above $10,000 seen on Sept. 23 has resumed and prices could test support at $7,200 – the 100-period moving average on the three-day chart. That MA line was last put to test at the end of April.

https://www.coindesk.com/bitcoin-eyes-first-test-of-7-2k-price-support-since-april

You deserved merit for this awesome analysis. You spend some time in researching, its always a good thing, you spend some time writing this post, all in all its nice what you did here.
But I will be careful, in my time here I learned that price can change directions suddenly, without some reasonable explanation. Nothing is 100% sure in crypto, so people should take this as advice, not as something that will happen for sure.
I think we will be luck to see 10k again before the new years eve. Anyway price is doing just fine, this is good intro for upcoming halving. Some serious price rise we will see only after next spring, right before the halving. Like always people wait last minutes to buy, and we will see higher demand around that time, which will lead the price up.

[Inkdatar]

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,

You should wait for 7000 USD but I can't guarantee you. But I was sure that Bitcoin could down and here it is now. And now I think this down will run until 6500 USD. You can research on Bitcoin, but you will find same answer.

Bitcoin price may further fall to 7k and it is our own decisions if we can take the risks from buying or wait for a little more decline its value. Actually, this is not new in the market condition that bitcoin may suffer from the plunge of price and may increase again.

[tabas]

I bought some BTC last night. I don't think it matters how far btc goes down, that's for sure it will always go up.

There is no doubt that whenever it goes down, there will be a time for it's going up. In charts, there's a saying like this "everything that goes down, goes up".

That is as far as I know. If it really takes a long time for BTC to go up, then of course it's okay because I bought BTC for the long term, not for a while and too much speculation. Better I continue my life in the real world to find another income. This is just a personal opinion and I believe during 2014.

It's a wise thing to find another income source while the bitcoin you've bought is for holding long term, then you should continue doing 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'

[Baofeng]

^^ I think it's about time that bitcoin needs some correction because it has been in the overbought zone. Specially after the 5 month big candles we have around @13800, so that's a big retracement already. But it doesn't mean that we are not bullish, personally I wanted to see the price to go down so that those weak hands are shaken again and start the cycle of recovery in the next coming months and reach 5 digits before the end of the year and look forward for the next block halving in 2020.