Bitcoin price. Will go up? or Will go down below $8600? over the night

[aosis]

Hey guys. It's been almost two days that Bitcoin price stays still.


I am on the tipping point of whether or not to buy Bitcoin now around $8650..


What do you guys think?



Btw, has anyone experienced BISPEX exchange known as its insurance funding?

[Raflesia]

Buy bitcoin now before the price rises again now bitcoin is back green maybe in the next few days bitcoin will soon reach $ 9,000 again and before you are too late.
With yesterday's decline becoming an opportunity for us to buy and sell it in the next few days I am sure about that even though not in my analysis this will still increase again.

[acroman08]

if you feel that the price will still rise then buy now but if you are not, then monitor the price and wait for a few days. we can't advise you on what price you should buy because
we too are just speculating and just trusting our instinct when deciding whether we should buy now or not. also, I think the thread should be in Speculation I suggest you move it there.

[Hamphser]

If you think this is the cheapest price then buy but if you think it's still high enough then wait. Whatever you do it is still in you as the last decision to be made. Just don't rely too much on the people about of your investment because you will never gonna learn if you don't commit any mistakes.

[Argoo]

In any case, the current price of bitcoin is not the highest and during this year it will rise more than once. Therefore, if you buy Bitcoin now, then in any case, in the future you will make a profit. But when it is better to buy it, here hardly anyone will give the right advice. The price of bitcoin may now temporarily fall, or may rise.

[Wexnident]

Well, that's the point. BTC has stood at $8.6k for a few days now, and obviously, has failed it's rally last time when it tried to push past through the $9k barrier. So far, it hasn't made any big moves after dropping off to $8.6k which makes predicting its possible movements afterwards hard. I'm more into the bullish side since I expect am above $10k or so by mid February, but that's solely my belief tbh.

[magneto]

The $8500 support has been tested 3 times and held up each time it was tested. So I don't think that it's wise to expect much more downside compared to the potential upside when it comes to BTC potentially breaching $9k and $10k once again after the weak hands were flushed out of the market.

Do your own due diligence, but I do think that dollar cost averaging right now would be a wise move to make.

That way, you ensure that you don't run the risk of entering your positions at too high a price but at the same time, not missing out on any bullish price action.

[Clairvoyance]

What do you guys think?

There is a significant amount of support at $8300 to $8600 range. The current drip from $9200 back to $8600 is just a mere correction, with the bullish pace of Bitcoin's price by the start of the year I'd say we'll reach $10000 soon even before Q2 of this 2020.

[djgtr]

I think the market will recover as soon as possible, and after a series of discussion together with my friend who's a trader; the relative strength index show higher potential that we will be achieving another spikes sooner. For now I am looking forward to see more advanced movements which triggers more buying demand in each promising coins.

[wildan88]

Buy bitcoin now before the price rises again now bitcoin is back green maybe in the next few days bitcoin will soon reach $ 9,000 again and before you are too late.
With yesterday's decline becoming an opportunity for us to buy and sell it in the next few days I am sure about that even though not in my analysis this will still increase again.

don't make people FUD, for fear the price will go down. in my opinion the price won't go faster this month, I see some predictions saying the price might go down.
but it all depends on each prediction respectively. but let's look at the next few days, whether the price will stabilize above 8500 or will go down through support. if it is stable it can certainly back above 9k.

[maydna]

Hey guys. It's been almost two days that Bitcoin price stays still.
I am on the tipping point of whether or not to buy Bitcoin now around $8650..
What do you guys think?

I don't think that bitcoin will go up or down in over the night, but that could be possible as we know that bitcoin can go to any price without notice. We can only prepare for anything that can happen to the bitcoin price so we can be ready for the current situations, and we can decide what we need to do next. We need to be careful right now because bitcoin still up and down, and we know that bitcoin price yesterday goes down below than $9000, and the bitcoin price still at $8600 range price.

[trumpman]

Hey guys. It's been almost two days that Bitcoin price stays still.

I am on the tipping point of whether or not to buy Bitcoin now around $8650..

What do you guys think

In my opinion, for whatever it matters, in a year from now the price of BTC will be way above 10k. So from my perspective it doesn't really matter if it goes up or down a couple dozens or even hundreds $.

Whether it will go up or down  tonight... No idea. My crystal ball is out of order atm. Just buy some. If it goes lower buy some more. In other words, just cost average and don't invest more than you're willing to lose.

[ultrloa]

Hey guys. It's been almost two days that Bitcoin price stays still.

I am on the tipping point of whether or not to buy Bitcoin now around $8650..

What do you guys think

In my opinion, for whatever it matters, in a year from now the price of BTC will be way above 10k. So from my perspective it doesn't really matter if it goes up or down a couple dozens or even hundreds $.

Whether it will go up or down  tonight... No idea. My crystal ball is out of order atm. Just buy some. If it goes lower buy some more. In other words, just cost average and don't invest more than you're willing to lose.

Actually I mind those things since I'm doing a day trade and yet every position is important to earn some good percentage but if the hype will start maybe I will join on the holders club and will not care for the price to go up and down.

But if people really doubting to buy right now maybe the best thing they can do is to read up some helpful articles and see the market flow so that they can get an idea on when is the correct time to place their orders.

[piebeyb]

if the price drops it won't be under $ 7,700, so it might be safer if you buy it below $ 8,000 if the price keeps going down but if the price keeps holding at $ 8600, it seems like this is the right time where you can buy it, but just don't have to hurry buy it if you want to get quick profits, just wait for the moment in the next 2 to 5 days 

[Capt00]

This price isn't bad at all since we are expecting a new all time high so even if you buy bitcoin now at $8000 price you will surely get a good amount of profit once the bull run comes. It is always good to buy bitcoin at its lowest price and I think $7000-$8000 is a lowest price so far so don't miss the opportunity before the price will go up again.

[Oilacris]

Hey guys. It's been almost two days that Bitcoin price stays still.
I am on the tipping point of whether or not to buy Bitcoin now around $8650..
What do you guys think?

If you can embrace the risk then why not? We do have all the control if we would buy into these levels or not.

We do saw that the price had tanked and stayed on 8500 price but we cant be sure if there would be a pullback or would
head up on 5 digit price.Its totally unpredictable if i were to say and this had been always the question of many.

[moviebuff777]

The price of Bitcoin could still drop but I think this is just temporary. This is a small correction before we see the bull run continue in advance of the halving that is coming in May.

[panganib999]

Yes. It's only been TWO days. I see no reason for you to panic that much and choose an immediate position. Well, if you're fine with taking risks, go do so. The recent rally of BTC to $9k failed which led to it dropping down to $8.6k, and it moving sideways isn't really anything surprising. Just compare it to how last years Q4 movement came about, constant sideways movement. After numerous tries to breakthrough the barriers, it continuously did as such. Only when a few weeks after the new year did BTC managed to push through to $8k, managing to continue to push to $9k, which again, as I said, failed.

[btc_angela]

We should all be glad to see that the price is somewhat trading sideways. It also shows that there are a lot of support @$8600 and the bulls are still in control of the market.

As far as when we're going to make a break out run, no one can really tell, everything is still base on the sentiments, supply and demand and FOMO.

[gweedo]

Hey guys. It's been almost two days that Bitcoin price stays still.


I am on the tipping point of whether or not to buy Bitcoin now around $8650..


What do you guys think?

Don't worry too much about the price of bitcoin at this stage. The price is accumulating and will definitely go up this week, after the bitcoin price went above $ 9000, there was a price adjustment, but fortunately the price did not collapse too deeply. $ 9100 will be the next price that bitcoin will go up this week and buy lots of bitcoins before it's too late this year.