• Please note to have a link in an article you must first request permission from the administrator and pay a fee. You can read more information here.

Could Bitcoin price drop anytime soon

  • Thread starter Thread starter conaljom
  • Start date Start date
Sure bitcoin price will surely drop but I don't really know the time that it will drop what is not going too be far from now. It is always good to take the advantage of drop in price or bitcoin so that the next time the price of bitcoin will increase we quickly sell the ones purchase at lower price and make your profit on it. Bitcoin is a very lucrative business if you can study the pattern of rise And fall in in bitcoin price and you take advantage of it. I am presently watching when the price of bitcoin will drop so that I can quickly acquire some and keep it till it's rise again so that I will make profit from it.
 
Cryptocurrency is like forex that is use to go up and down anytime. Bitcoin is part of cryptocurrency that can fluctuate by going up and down. As the price hign now, it is good to sell not for someone to butt bec9 anything
 
Well crypto currency is a game of rise and fall, that is business for you, you can make a big profit or make massive loss so either way it turns around you have to endure.
But following the trend and pattern From the recent month it likely to fall a little bit
 
bitcoin dropping in price happens at any time when there are lot of withdraws of huge amount, but they don't necessarly mean a crash or massive drop in value, it's currently on its 40.000$ and can increase more
 
As for me the way have been following up the Bitcoin since last two months and the way it has been falling am expecting Bitcoin to fall again because of the investors so that they can invest more and more before raising up again
 
From the aspect someone who want to invest just make sure you invest now as soon as possible, it is favourable now, but looking at it from the aspect of an investor, I believed that it increases rapidly because recently the price has been falling and rising but the rate has been favourable lately, with the situation on the ground it most advisable for you to seek the opportunity now.
 
conaljom said:
It's now a reality that Bitcoin price has skyrocketed over $18,000. The big question is could we see BTC halving anytime soon?
Click to expand...
To be frank with you, bitcoin price can drop anytime with out notice. Although the price is now at $40k this doesn't mean it can no longer drop in value. So it's a matter of time.
 
Well concerning this your questionx my opinion is that bitcoin is currently approaching a resistance lever aroun $41,960, therefore if it fails to break that resistance at this key level which is the recent high, it might go down for the short while and continue ranging for a while before shooting up again
 
In my opinion, this is very hard to predict due to the fact that cryptocurrency prices are not stable. It fluctuates by the seconds. Though some experts predict it to rise so much in just a short time to come. Personally, I would want to see it rise because of my investments, afterall, the main aim of any business is to make profit. That is my take.
 
I can say that without a doubt I am sure that the price will eventually drop. But no one can say exactly when it will drop and take advantage of it. And also no one can be sure as to the exact time it will drop and also the exact amount.
 
There is likely to be profit taking along the way, causing temporary dips," said Guy Hirsch, managing director for the U.S. at the trading platform eToro. "But given the extraordinary amounts of adoption by institutions, it would be a surprise if bitcoin dropped below $20,000 any time soon. So it is not certain yet but it is likely to drop.
[automerge]1612638580[/automerge]
There is likely to be profit taking along the way, causing temporary dips," said Guy Hirsch, managing director for the U.S. at the trading platform eToro. "But given the extraordinary amounts of adoption by institutions, it would be a surprise if bitcoin dropped below $20,000 any time soon. So it is not certain yet but it is likely to drop.
 
The chance of bitcoin dropping is based on probability. And also one should be cautious of the market to avoid accrued loss due to negligence. Though from the current deduction theres a possibility that the market will drop.
 
Yes any crypto currencies can drop because all crypto currencies price are unpredictable and cannot control. But theres a fifty-fifty chance that bitcoin price will go down or go up. So if you are investing in crypto it's a big gamble.
 
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
Click to expand...
Bitcoin is now in fast raising in every day by day, and not think maybe the crypto realdy to come back again. And also it's now cost to buy if you don't have a good enough money you will able to buy Bitcoin. As you are regret not buy it before that is how is doing me here.
 
Am waiting for the time BTC Price will drop before I can buy it and am hoping that it will soon drop to my target. I can't buy it with the present Price, it is too high for me.
 
Markets fluctuate, but the return of the bitcoin has been significantly positive throughout the year. Of course. Like all speculative investments, anyone who invests in bitcoin or other cryptocurrencies can potentially gain or lose money. So it is advisable not to invest more than you waste.
 
I do not think we need to.make much emphasis on the cryptocurrency world. We all know how this things work. Cryptocurrencies are not stabke they move according to the global economy situations. So yes they can
 
Markets differ, but Bitcoin's year-over-year returns were considerably positive. Naturally, I suppose the price would drop abruptly. Anyone investing in bitcoin or other cryptocurrencies will theoretically earn or lose money, just like all risky investments. Therefore, you should not spend more than you can lose.
 
The price of Bitcoin may likely drop anytime soon because of it's volatility. Crypto currency market generally is not a stable market. There is possibility of increasing or decreasing at anytime. It is very difficult to predict the stability of the coin at the moment.
 
People are just getting cool money on bitcoin has the rate is getting higher... How which I have invest in bitcoin. The price of bitcoin is not that predictable.... it can rise or fall anytime... But I don't think the price will fall anytime soon even if it does it wouldn't fall in such a way that would be significant.
 
You must log in or register to reply here.
Back
Top