Re: Do you think the price will DROP MORE?

Hi,

Do you think the price will DROP MORE?
Today every big news website talking about the CHINA BAN.

- wall street journal and many others

What do tou think?

I think bitcoin price wouldnt drop more because the news is over and some maybe are trying to reload their stash now. Bitcoin is sitting tightly at 3900$+ and I think the price it has now is quite good and indicates that there will be another bullish run soon. It might also indicate that another bearish crash will happen but for now it is most unlikely to happen because the FUD is now over but still I wouldn't exclude it's possibility, we can't now if there will be another bad news.

I am seeing bitcoin will continue to rise and I dont think it wouldnt drop more. Though fluctuations in the market is hard to speculate. But Im always checking its value if downtrend will happen.

i also do not think that bitcoin price will drop any more but will now start increasing, as bitcoin has a good potential and i think that the correction period and the bad news about bitcoin are now over in market therefore hopefully bitcoin price will start increasing now. i think that we expect that after 30 September the price of bitcoin will boost and very soon will cross $5000 level.