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Bitcoin Price Correction. Are we set for a new high?
 

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Here are major bitcoin price corrections over the last few years:

I feel like after the recent price correction (and drama), we are set for a new Bitcoin high... possibly $6,000 USD in the next 2 months! (which is +50% compared to its value of $4k right now).

What's your view? Realistic?

Re: Bitcoin Price Correction. Are we set for a new high?
 

in my view soon it will hit $5k

Re: Bitcoin Price Correction. Are we set for a new high?
 

buy buy buy!!

Re: Bitcoin Price Correction. Are we set for a new high?
 

It's certainly possible, now is the time to buy!

I'm just gutted I was away when it bottomed out so couldn't buy at its lowest point.

Re: Bitcoin Price Correction. Are we set for a new high?
 

I missed out when it dropped to $3k. That dip was very short lived (therefore quick returns for those who did take advantage).

The secret to BTC investing is make sure your funds are READY to invest at any given time. No time for depositing funds!

Opportunities can disappear with a blink of an eye.

Re: Bitcoin Price Correction. Are we set for a new high?
 

Watch out for some more volatility before the end of October and the hard fork on November 1st - especially with several parties dropping out of the New York Agreement.

Re: Bitcoin Price Correction. Are we set for a new high?
 

After the Boss Calls Bitcoin a ‘Fraud’ — JP Morgan Buys the Dip
https://news.bitcoin.com/after-the-b...-buys-the-dip/

Typical bankers behaviour.

Re: Bitcoin Price Correction. Are we set for a new high?
 

I think $6k by the end of october is respectable, but the hard fork may cause it to dip again.. Maybe now is a good time to buy then maybe back out again before the hard fork hits. I cannot imagine the hard fork having anything but a negative effect on the price.

Re: Bitcoin Price Correction. Are we set for a new high?
 

hardfork? What's it doing now?

Re: Bitcoin Price Correction. Are we set for a new high?
 

You could well be right there. Lot of negative press at the moment, but I think Bitcoin will see past that (long term).

Bitcoin had one recent fork (forming Bitcoin cash).

It might have another fork, resulting in 3 different forms of Bitcoin.

I do however think the original Bitcoin will always stay strong, simply because it's been around for a while, has built its reputation, and more importantly it's proven to work.


EDIT: I think the biggest concern with BTC investments are the fact that Governments dont like them, and they retaliate very harshly (as you can see from what happened in China recently).
I wouldn't put my live savings in there. But a healthy amount of money, sure.

Re: Bitcoin Price Correction. Are we set for a new high?
 

Suppose to happen in November.

Re: Bitcoin Price Correction. Are we set for a new high?
 

Looks like my prediction for $6k BTC is on track. :cheer:

I'd say it'll happen within the next few weeks.

Re: Bitcoin Price Correction. Are we set for a new high?
 

Hmm...

HMMMM..

Maybe..

Re: Bitcoin Price Correction. Are we set for a new high?
 

ooooh... There's me thinking it would take weeks and it nearly reached $6k today.

I think its going to make it. I'll cash out at $6k. This could be a good return. :)

Re: Bitcoin Price Correction. Are we set for a new high?
 

I think it will keep going up until after the fork, anywhere from a few days to a week. That's what happened last time. A lot of people are pulling their money out of the alts in exchange for BTC. A lot of people will also be moving their coins off the exchange to cold storage to ensure they get the new coin if the exchange didn't already confirm they are set up to support the update. The way they gave away free money, it discourages everyone from dumping BTC before the fork.

But this is only a guess.

Re: Bitcoin Price Correction. Are we set for a new high?
 

That's interesting. You might well be right.

Re: Bitcoin Price Correction. Are we set for a new high?
 

Bitcoin 6k to the end of 2017. Than i think it will be stable some time and start to grow in february 2018.

Re: Bitcoin Price Correction. Are we set for a new high?
 

Big Day Today....

https://image.ibb.co/igSSkb/1.jpg

https://image.ibb.co/gw3NJw/2.jpg

https://image.ibb.co/czomBG/3.jpg

Re: Bitcoin Price Correction. Are we set for a new high?
 

I see a correction coming soon. You are better off investing in pummeled ALTS.
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Re: Bitcoin Price Correction. Are we set for a new high?
 

90% of the Alt-Coins are down, maybe more. This is what the beginning of this year looked like... Dec Jan, Eth was down. Everything was in a downward trend but BTC. Then over the summer Alt-Coins took off. I think the same thing will happen once things level off with bitcoin after the Hard Fork. Plus I read they did the first real-estate deal on the Eth blockchain in the Ukraine. Once company's come out with usable software built on blockchain tech for something other than tokens. sh1t will get crazy...

Re: Bitcoin Price Correction. Are we set for a new high?
 

I Got 2 Cards Dual Mining Eth and SIA. I need to get some 8 pin to duel 8 pin adapters before I can go any further... These Zotac's are dual 8 pin. I think I might have got a card that's DOA too. If it is that will really suck...

https://image.ibb.co/crosLb/4.jpg

Re: Bitcoin Price Correction. Are we set for a new high?
 

I don't even have a clue what's going on there lol