Post
Topic
Board Speculation
Re: Bitcoin price fall below $5,500.
by
sindikat
on 18/10/2017, 11:13:03 UTC
I have been following bitcoin price since the recent upwards price movement and I think $5875 has become the high and corrections has began. Checking price chart this morning I discovered that the down channel's line has been broken and that signal a dropped in buying momentum and price may get below  $5,000. However, this is another opportunity to buy bitcoin at a very cheap prices as before the end of this year bitcoin might hit $7,000. This corrections is not going to be a long one,  it might just be three to four days and we would resumes another upwards movement again.
Yes bitcoin down but not much i wait the bitcoin fall on 4500$ so that i will buy some i do believe also that bitcoin will rise again. This coming year i know bitcoin become 7000$.
I believe that after all the dump tactics to drive BTC down are over BTC will start going back up I would love to buy some BTC more while its down but I don't have the money. Grin
It seems to me that it is now too late to buy bitcoins. Everyone who wanted to capitalize on the October pump bought bitcoin when the price dropped to $ 3,000. Now is the time to wait. Users have no money. All invested in bitcoin. I expect higher prices in the coming days.