What do you think?

[TanakabZX]

Today bitcoin loses its 7k glory, how are you guys holding up? What do you think will be the next stop? Do you think this drop in value is another strength to better bull run?

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[CodyAlfaridzi]

Today bitcoin loses its 7k glory, how are you guys holding up? What do you think will be the next stop? Do you think this drop in value is another strength to better bull run?

Still holding strong all of my Bitcoin. I'm not sure what will be the next stop but I don't mind if Bitcoin goes even lower. For people like me that plan to hold BTC for a long time, times like this are excellent opportunity to acquire more Bitcoin.

I'm not sure about bull run either but looking from past data about halving, I have expectation that this halving would fuel another bull run in 2021 or 2022.

[asriloni]

Today bitcoin loses its 7k glory, how are you guys holding up? What do you think will be the next stop? Do you think this drop in value is another strength to better bull run?

Bitcoin have lost 7k rate a few months ago and this is not something need to worry. as long as the market can keep its position and only a small dump that will recover again soon. The drop doesn't mean a pre-phase of a bullrun. Bitcoin is loosing 7k rate caused by the fundamental of bitcoin itself doesn't looks good at all. bitcoin is always getting failed to break the resistance on $7500 as the result it will be going down again.
But this is an interesting prediction for bitcoin today
https://cointelegraph.com/news/is-bitcoin-now-bullish-or-bearish-at-7k-heres-the-scorecard

[Furious 7]

It's only a little under 7k and this decline can happen in a few days maybe because of the holiday season and Christmas so many who sell it can also be a factor like that, I'm still waiting for the bullrun to advance this decline only while after that there is a good pump and start growing again.
Of course people are somewhat panicked about this decline but I took the opportunity to hold more btc and wait after the new year.
Halving is what I'm waiting for for a good price.

[joseyphil82]

Bitcoin price will definitely shoot up sooner because its always more buying opportunity if price goes down, someone like me is hoping for further price fall so that i can buy

[Rodeo02]

Today bitcoin loses its 7k glory, how are you guys holding up? What do you think will be the next stop? Do you think this drop in value is another strength to better bull run?

I believe BTC may increase its value by the last week  of this december it is for preparing for next halving that will happen next year.
I am not really sure how much increase will it be by next year but  hopefully it  will close to ATH of 2017.

[jessyj48]

I am not expecting too much from bitcoin halving, what everyone expects will not happen right after the halving but i am expecting Q4 of 2020 before good price surge

[samuraijin]

Today bitcoin loses its 7k glory, how are you guys holding up? What do you think will be the next stop? Do you think this drop in value is another strength to better bull run?

look at December 2018 bitcoin prices until January 2019, low prices on bitcoin and bring in bulls in february 2019 to may and june, so I wait for the other lowest prices until early next year, so I don't think of anything except buying a little bitcoin when cheap will help bring in bulls immediately

[infarterr]

Today bitcoin loses its 7k glory, how are you guys holding up? What do you think will be the next stop? Do you think this drop in value is another strength to better bull run?

The decline in the value of bitcoin that occurs today is not another force to run a bull, but rather a reduced interest, so that until now bitcoin has continued to decline in terms of prices in all markets.

[xZork]

Currently the price of bitcoin has dropped below 7k and it is likely to be even lower. Perhaps bitcoin will fall below $ 6k5 even bitcoin will drop to $ 6k without positive news.
I think that it will be difficult for bitcoin to reach a price increase in the last days of 2019 and that bitcoin will only recover by the beginning of 2020.

[bonyaserg]

Personally, I believe that the situation on the cryptocurrency market is very unstable and all the prerequisites indicate a cryptocurrency falling to the lowest level. And the fall will occur at a very slow pace. And only after all the falls will there be a reversal and again the cryptocurrency will rapidly grow up.

[Zeke_23]

Today bitcoin loses its 7k glory, how are you guys holding up? What do you think will be the next stop? Do you think this drop in value is another strength to better bull run?

If the buy support can't hold, then maybe its price will drop below $6.5k.
This may be another starting point for bitcoin for another bull run but we can't tell by now since bitcoin finds it hard to increase its value.

[watergold]

I am still monitoring the movement of bitcoin below my target this time to buy bitcoin is $ 6500 I think this will happen soon so this decline will continue.
Bearish will continue until bullrun comes at the beginning of this year is the power of bitcoin before rising to high levels so this could also be an opportunity for those who want to hold even more.

[cytpoway121]

Today bitcoin loses its 7k glory, how are you guys holding up? What do you think will be the next stop? Do you think this drop in value is another strength to better bull run?

Actually the next stop is perhaps 5500 if the dip continues

But there is no reason to worry nor panic; in my own opinion; bitcoin will always increase in price
But depends on if you can wait for it

[nicolas1979]

I'm not holding anymore prefer sell all to avoid bigger lost but will buy back at $ 6k. This is end of the year and I think many people will switch their crypto asset into currency and will give pressure into buy to get more deeper. Thia year really bad for crypto but stay optimist to wait buy back moment. After using MACD I only need time to wait and maybe will happen at middle of 2020.

[Bitbtc8]

Those who want to leave will be forced to leave in the end because i think bitcoin will lose more value soon but what they don't know is there will always be those who are ready to buy the dips and the price will surely recover again

[Stanlo]

I'm not holding anymore prefer sell all to avoid bigger lost but will buy back at $ 6k. This is end of the year and I think many people will switch their crypto asset into currency and will give pressure into buy to get more deeper. Thia year really bad for crypto but stay optimist to wait buy back moment. After using MACD I only need time to wait and maybe will happen at middle of 2020.

The biggest opportunity this year was bitcoin at 3,500k in early January of 2019, those who bought cheap sold at 10k are in profit already, this year is not that bad if you ask me

[michellee]

Glad to see bitcoin price can increase on this day, and it seems the price will go up to $7000 soon. And the price now is struggling to grow back and break every high price, and I am sure that it will happen again. I hope that we already bought bitcoin at a low price a few hours ago, so right now, we can expect to sell bitcoin at a higher price, but we can still hold it and waiting for another higher rate.

[LouVandetta]

I think this topic should be in bitcoin discussion board.

Well, I'm holding just fine since I'm not hodling bitcoin at the moment. But I'm not surprised to see the price already below $7000 mark. Since I was expecting this price sooner or later. If this continue I don't know for sure how far this will go. Whether this declines will make a better bull run or not, we nee to be prepared for any outcome. Since we don't know what the future holds.

[Dickiy]

at the moment bitcoin is still in a stable point where the market is in a pretty long correction so it confuses bitcoin buyers and sellers, I'm sure in the near future bitcoin will breakshit with a larger volume, my suggestion is to use a lower net to anticipate the reflection of candles the needle happened