Bitcoin Market Correction $10,000

Doozle22

Doozle22

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Date: 11/13/17 Price: $5,849
Date: 11/29/17 Price: $10,000

In 16 days Bitcoin's price has nearly doubled!

Think about that.

This is something you see happening in alt coins all the time, but this is rare for Bitcoin. I belive their will be a large Bitcoin correction to atleast $8,200. I also predict it going lower than that too hitting the 6 and 7 thousands.

What I am going to do:
I have sold over 60% of my Bitcoin and have created buy orders in the lower 9,000 8,000 and 7,000.

I'm not here to spread fear but I am trying to help see what could potentially happen based off looking at Bitcoin's graph. Bitcoin will definitely go pass $10,000 in the future so if your a longterm holder don't even worry about this. This just could be a potential opportunity to earn a little more Bitcoin though. This is all my opinion and I figured I'd share it with the blackhatworld community.
 
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Yeah, so how'd you do at the casino last night? Blackjack table treat you well.?
 
Skyebug77 said:
Yeah, so how'd you do at the casino last night? Blackjack table treat you well.?
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Just trying to share some information man.
Bitcoin's price nearly doubling in the last 16 days is a fact bitcoin holders should be aware of.
 
So many bitcoin related threads lately :) @Skyebug77 is right though ( in my opinion) it's gambling 100% , based on no real value it can go either way any time ... i guess the increase that it saw lately is the snowball effect from everyone seeing that it's growing and wanting in... a little to late if you ask me, but who knows :D
 
Bitcoin just hit $10.000

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Of course there will be a correction. If you have been in the crypto game for a while, you know that hype built on hype is good for smart short term investors, good for the long term potential and observations, but bad for the people who buy in at the high and are in the game short term.

If you plan to buy, wait for the correction. After that, thats when the real fun begins. This current increase is just the beginning as the coin's true value will come to the light.
 
Doozle22 said:
Just trying to share some information man.
Bitcoin's price nearly doubling in the last 16 days is a fact bitcoin holders should be aware of.
Click to expand...
Do you really think bitcoin owners are not aware that the worth of their bitcoins has doubled over the past 16 days? I know I have been...
 
I invested $100 at 4150, did some day trading on bittrex im a little over $300 now. wish i would have got in earlier.
 
Dagreyon said:
Do you really think bitcoin owners are not aware that the worth of their bitcoins has doubled over the past 16 days? I know I have been...
Click to expand...

Even the friends of friends of BTC owners should all be aware that bitcoin has doubled over the past two weeks or so. So much #HODLing!
 
today the news of bitcoin breaking 10k, are everywhere, will be for few days bringing in fresh meat, easy to sell to them, may skiroket to 15k, but I dont think will go much more than 10k500
11K
before falling for the mush selling

8200 and hopefully 6500, would be great price for a correction
 
May be if biconnet try to sell all there holding it may increase.
 
Right now is very dangerous time for you btc and eth hodlers (i got out a little under 10k) alot of new money floating in due to media attention which explains the price rise. But this is not good money imo. This is money by people who want to make alot of money because 'I heard about bitcoin on tv and it just will make me sooo much money' themed speeches. If btc (and it will) will just go slightly down in the coming days, these same people will panic sell and we are going to see a huge correction. I believe it is at least going to 8.5k.
 
I think Bitcoin will hit 11k or more in upcoming hours.

You said you believe there will be a big corection, why do you think that? I am saying there wont be any correction, just curious.
 
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