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Could Bitcoin price drop anytime soon

  • Thread starter Thread starter conaljom
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Setfragil said:
After suffering a massive bearish run for sometime, there are predictions that the price of bitcoins will likely go up in the coming month of August.
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Cryptocurrency as a whole cannot be predicted and as a result of this ,it is almost impossible for us to give an accurate prediction of how the crypto system will be now.
 
Bitcoin is around 45k USD now but that doesn't mean it won't dump in price. Crypto tokens no matter how small or big has this volatile nature and can tumble or skyrocket in price anytime.
 
The price of bitcoin will dropped at some point and then rise and this is because of the nature of demands and supply in the market and this rising and falling is good.
 
I don't really know if the price of bitcoin can drop or not because no one can predict the future of bitcoin, but now people are enjoying money now on bitcoin.
 
I don't think Bitcoin is ever going back to $18k again because it rose to an all time high of $60k and even the bear run that has been going on for months could only bring it low back to $28k.
 
For now, the price of bitcoin is moving up gradually after suffering a dearish run for months. I do not think that we should expects a drop in the price of bitcoin anytime soon.
 
The Bitcoin and other cryptocurrencies are just recovering from a massive dip that has taken close to two months. It has been recovering for the past few days now and I don't think the price is going to drop very well even in the coming months.
 
Nobody can say where the pendulum of price will swing to in cryptocurrency,as have often been said that cryptocurrency is very volatile.
 
Grandeur said:
I don't think Bitcoin is ever going back to $18k again because it rose to an all time high of $60k and even the bear run that has been going on for months could only bring it low back to $28k.
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Today the price of Bitcoin in the market is way above $40K and it is nearing the next level of $50K. Although we cannot say what direction it will take tomorrow but I don't think that the price in the market will go down again to rock bottom. It is just hovering between $40K and $50k for now.
 
Alexandoy said:
Today the price of Bitcoin in the market is way above $40K and it is nearing the next level of $50K. Although we cannot say what direction it will take tomorrow but I don't think that the price in the market will go down again to rock bottom. It is just hovering between $40K and $50k for now.
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What price would you say is rock bottom, I don't think Bitcoin can ever go back to it's previously ended bull run, bitcoins last bull run before that of this year was at $18k and it didn't get there at the bear run.
 
Bitcoin price can fall at any time, this is a change in supply and demand, it will be better if the Bitcoin price is corrected, most importantly a decrease of no more than 50% is still considered reasonable. Even investors predict Bitcoin price will be bullish.
 
I'm just seeing this post after 9 months of posting it. However, we've all seen the consistency in price of Bitcoin. Even after the recent bear market, the price of Bitcoin is now around $47k which is very good for the coin.
 
Suba said:
Bitcoin price can fall at any time, this is a change in supply and demand, it will be better if the Bitcoin price is corrected, most importantly a decrease of no more than 50% is still considered reasonable. Even investors predict Bitcoin price will be bullish.
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I agree with you when it comes to correction factors and i think that a good and healthy correction factor can actually be great when it comes to potentially stabilizing the market and reducing its volatility as well.
 
All Cryptocurrencies are subject to fluctuations and BTC is part of that movement. So always expect the price to always move up and down.
 
Defaith said:
People are just getting cool money on bitcoin has the rate is getting higher... How which I have invest in bitcoin I would have be part of people that are now enjoying the money... When it comes down I will try and invest may be later when it rise I will benefit the rate
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Bitcoin is an on-the-rise I don't really know whether it will drop anytime soon but according to people's prediction they are saying that it will soon get to 50 thousand dollars for a Bitcoin.
 
The price of bitcoin is volatile, it will drop and later rise after a period of time. Currently, the price of bitcoin is stable but it doesn't mean that it won't drop anytime soon.
 
Setfragil said:
The price of bitcoin is volatile, it will drop and later rise after a period of time. Currently, the price of bitcoin is stable but it doesn't mean that it won't drop anytime soon.
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In cryptocurrency trading all these things and really necessary and they must expect them all, the price can drop anytime from now.it is normal in cryptocurrency.
 
The likely reason that could make bitcoin to fall again is if the cryptocurrency amended bill proposed by the Government of United States is passed and not favourable.
 
If the Bitcoin price can drop anytime soon? The answer is a big yes of course. The cryptocurrency market is not predictable for too long. Bit it follows a trend that is for sure though
 
Sotherefore said:
In cryptocurrency trading all these things and really necessary and they must expect them all, the price can drop anytime from now.it is normal in cryptocurrency.
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The volatility nature if bitcoins is the reason why people invest in it because you can make a huge profits from it within a short period of time that you invested in it.
 
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