Is Bitcoin about to crash?

there are weekly gaps on the chart all the way down to 3000. expect them to be filled

Current bitcoin price holds at $6600 and as per the bitcoin price prediction, it may touch $10000 by end of the year.

It has been consolidating above $6,000 for a while now, a new move to the upside makes sense.

Declining volatility may support move up.

its not going to crash, its going to explode

While I agree that there may be a new rally I doubt it will break out above $10,000 until the end of this year.

Bit-coin, Etherum, Ripple, Lite-coin, Dash, Zcash, etc. are the most well accepted currencies which have won the trust of the traders. But a trader must be careful while choosing his trading platform as crypto traders are also facing difficulties due to scam brokers just like forex traders. I don't know actually whether BTC is actually going to crush or not but it is true that the craze for BTC has been diminished to a great extent.

On other hand, cryptocurrencies in general are becoming more and more accepted in the mainstream financial circles. So rather than a crash - or a big sudden rally - there may be a steady if slow move to the upside.

I am not a typical doomsayer, but I think we will see fresh lows this year.

What interested me most from the very first day I began this thread and then following Bitcoin's demise all the way from the dizzy, euphoric highs of $20,000 for a single coin down to its complete collapse to just above $3000 ( but still way above where it was a few years ago ) was how the crypto fans were so adamant in their belief that they refused to acknowledge what was happening even as the price plummeted from day to day. " It's coming back "..." that's it, but buy buy ".... " 50k here we come " etc etc, even claiming on this thread that TA doesn't work for Bitcoin, so impossible to predict what it's going to do, when in fact, BTC and any other crypto is just like any other market you may care to trade, you need a fat wallet for sure, but it can be traded just like any other market out there.

Many people made a fat load of money trading BTC because they were in the right place at the right time and as long as you held, you became rich, but I'll reckon just as many or more lost a great deal either by greed - by holding on too long whilst it was falling in the hope of a turnaround, or just buying into it blindly near the top amidst all the hype on the mainstream media during the autumn of 2017. Nothing keeps going one way without a fall back to its 200 exponential or simple moving average, nothing, it was always always going to come down, and those who have studied and traded the markets as long as I have, would have seen the signs when those really big candles were being put in close to what became the eventual top.

Who cares where BTC goes now, it's cooked, but, can still be traded just like anything else, but to all those who still believe it is headed back up to new highs, well, good luck with your wishful thinking is all I can say.

Sooner than later,
I just don't see people ramping up at these levels.

I had the same feeling as you even now. To be honest, I don't think bitcoin will ever rise to that level again. But it is going to remain that cryptocurrency we can trade and make profit from at any time.

Hi!
I see BTCUSD is 7780 right now. So there will be no crash yet.
I dont know about 50k as mentioned here, not sure, but growing.
BTW, one of my friends sincerely believes in 100k.

Now bitcoin is at 9700 and so far it is confidently holding under 10,000. I see that after the news about Fibra, cryptocurrency does not feel confident. Nevertheless, the US government will try to regulate the blockchain and electronic currencies, because this is the way to security. But regulation will break the cryptocurrency market, since the only thing left of them is the blockchain technology.

As I said earlier, the future is in the blockchain, not in Bitcoin.

You don't think they can live in harmony? I'm sure there is utility in both.

Harmony is the alignment and combination of mutually opposing objects that complement each other, creating an ideal equilibrium system.
If we consider blockchain as a development and the future technology, so how we should consider the "unreal money"?

What is it that makes the cryptocurrency money "unreal" though?

Money is "something generally accepted as a medium of exchange, a measure of value, or a means of payment". So is "unreal money" something that appears to be accepted as a medium of exchange or form of payment but actually is not?

If that is the case then I would expect to receive nothing when I attempt to purchase goods or services with bitcoin but in reality, I have experienced quite the opposite. Maybe an example of "unreal money" right now is the Venezuelan bolívar. If so money is only real until it stops being real; reality is not a permanent state for any medium of exchange.

It is above 11,500 now and I think there are still a lot of room up there after the market stabilize some where around 10k.

How high do you think it goes? Are you saying that you expect a retracement back to $10k?

This crash talk has been going on for years... And everytime it gets the CRASH PR... it attracts even more people later on
So this saying "there is no such thing as bad publicity" seems to be working for BTC

As for how far it can go? Well, it's all about the peoples perception, but of course 100k would be on the table, still
https://bircoin.top/

I would not be so radical to bet on the 1mio... but hey...
http://www.willjohnmcafeeeathisdickontv.com/