Quote from: BeGoods on January 19, 2018, 12:52:26 AM

Quote from: aardvark15 on January 18, 2018, 06:41:59 PM

Quote from: iRewa on January 17, 2018, 09:00:17 PM

BTC is now recovering, it is already at 11k $.
Do you guys think it will fall back to 9k or less within a few days?

I was going to buy some but i missed the 9k point, and now it just keeps rising.
11k seems still cheap tho, wondering if I should buy or not.

Its definitely possible that we will see another drop. The price could fluctuate for weeks before we see a solid recovery. The crash in 2014 took a couple of years to recover. Just be prepared for any scenario because no one knows what will happen this year for Bitcoin or any of these cryptocurrencies in general.

for now it seems panic selling has stopped. bitcoin market situation is still normal and prices are stable. of course when bitcoin prices can go down due to fluctuations. especially now many users are still sensitive with the news ban bitcoin in various countries in asia. of course it slightly affects bitcoin prices. but maybe within a few days later bitcoin prices will be higher because I see bitcoin has started to recover the price now

I do not think that there is any panic selling in the market, the investors now aware of the nature of bitcoin, even if the price is decreasing they are not letting their bitcoin to sell, It was just a market correction, hope the price will now start rising again. Hope this time the price of bitcoin will cross 25000$ very soon and that is the reason that most of the investors are holding their bitcoins.