Topic: Back to $6000 in 3... 2... 1... (Read 589 times)
Good news to us because the price increasw again at $7500 compared to the price last day ago which is $7000 and when the bitcoin touch down that price they have big possibility to down at $6000 but because of the investor bitcoin increasing again and everyone will buy more and keep it so the price will pump again and you will gain more profit.
Exactly noobs doing the opposite in terms of buying and selling btc. Price hardly to rise to what people expected to hit this year. This market full of swing prices but the most thing to do is let's react towards on the benefits that we can have.
This is how the market reacts most of the time, even in the past the price always test the resistance level and support level quite often and the market will continue like that for a long time before a major rally and that is what is going to happen here, i would ride the market and if the trend reverses i would sell off and get back later and that is going on for some time now.
We have seen many times bitcoin price raising to 11,000 dollars and falling back to 6,000 dollars making it as the bottom price for bitcoin over the last few months.So it would not be a surprise and just a day to day scene.It would once again be a great opportunity for investors to buy cheaper bitcoins.
Lol this is too funny, I was led to believe we were going to see $11000 in the coming days.
I am so happy to have sold some yesterday, my spidey sense was tingling. Now, lets see if I can buy them back at a bargain price. Why do I make so much more money in a tanking market? Probably because I dont buy when its going up.
Anywayz, buy low, sell high, alwayz works for me. Noobs lose money because they do the exact opposite. Lolz!
I do not know if we are going to see such a low price maybe we are going to see 8000 or even 7000 but I do not think we're going to see 6000 again, however you are right when you say that there are many newbie traders that make a big mistake of buying when the price is very high and then selling when its low and they do that because they do not have any experience in trading and then they panic when they see the volatility of the market.I am so happy to have sold some yesterday, my spidey sense was tingling. Now, lets see if I can buy them back at a bargain price. Why do I make so much more money in a tanking market? Probably because I dont buy when its going up.
Anywayz, buy low, sell high, alwayz works for me. Noobs lose money because they do the exact opposite. Lolz!
I do not believe that it will happen. probably, the bottom is 6.5 thousand but I am not expecting that Bitcoin will have another Great Fall. I hope for the better.
What is kinda interesting here is fact that Op is not alone, there are many people who are panicking about price of bitcoin all the time.
These scaremongers are spreading the news about bitcoin crash (for example by posting about imminent BTC crash/extreme correction).
Bitcom market sentiment is largely dependent on mob psychology and if BTC investors will see that others are sceptical - there is a high chance that rumour/random post might become a FUD.
After all, there is a saying 'constant dripping wears the stone'.
These scaremongers are spreading the news about bitcoin crash (for example by posting about imminent BTC crash/extreme correction).
Bitcom market sentiment is largely dependent on mob psychology and if BTC investors will see that others are sceptical - there is a high chance that rumour/random post might become a FUD.
After all, there is a saying 'constant dripping wears the stone'.
There are some chances for bitcoin to reach that value but those chances are really small , is a little probally for that to happen . Lately bitcoin has grew up a lot , he grew 1000$ this week . Maybe he will drop again to 8700$ but we cannot predict anything. If bitcoin will really drop to 6000$ , he will not do that very soon . Maybe he will drop to that value but its gonna take some time.
That is the secret of this market and those that obey this simple principle to makes money from this market. I have been trying to understand that to make money through buying low and sell high one must understand that bitcoin market fluctuate and it can a bit move down against your opposition before You can see upward move and that is were people sell out of panic.
it can also go back to 6000$ or less. Everything is possible with Bitcoin,
these two statements are very misleading. because "can" in this context means there is a 0.000001% chance of that happening.
we all know that bitcoin is still pretty volatile and market is so small still. so an unexpected incident like a big exchange (like coinbase for example) getting hacked can cause havoc. but what are the chances of that unexpected incident happening?
we only have trends and what currently is going on with the market and we need to speculate based on that, not what might be. and what we have is a rising trend with a strong buy support.
Lol this is too funny, I was led to believe we were going to see $11000 in the coming days.
I am so happy to have sold some yesterday, my spidey sense was tingling. Now, lets see if I can buy them back at a bargain price. Why do I make so much more money in a tanking market? Probably because I dont buy when its going up.
Anywayz, buy low, sell high, alwayz works for me. Noobs lose money because they do the exact opposite. Lolz!
I do not know if we are going to see such a low price maybe we are going to see 8000 or even 7000 but I do not think we're going to see 6000 again, however you are right when you say that there are many newbie traders that make a big mistake of buying when the price is very high and then selling when its low and they do that because they do not have any experience in trading and then they panic when they see the volatility of the market.I am so happy to have sold some yesterday, my spidey sense was tingling. Now, lets see if I can buy them back at a bargain price. Why do I make so much more money in a tanking market? Probably because I dont buy when its going up.
Anywayz, buy low, sell high, alwayz works for me. Noobs lose money because they do the exact opposite. Lolz!
I actually think the contrary, the most likely scenario in the event of a correction in this case would be for bitcoin to get close to the $6k level where the most support it at, and test that level.
It could even fall below that price, if the support doesn't hold up. We've seen how much people can panic dump in a bearish situation in the dumps that ensued in Jan-April, and if bitcoin isn't able to move past the $10k obstacle, it's a no brainer that people are going to panic even further.
I'm not saying that it won't happen, but I think it's much more possible that you and others think. If the momentum was in the bulls favour, we would have broken $10k ages ago, which we haven't done.
no. just no. a month ago Bitcoin was scrapping the bottom of the market not going anywhere with market sentiment still negative. Now market sentiment is positive and the price has increased $3000, even including taking a week for a correction. So your "ages ago" comment makes no sense whatsoever. Bitcoin is just now gearing up to take on $10k, not ages ago. If it doesn't break $10k now it'll probably just consolidate here for a bit before breaking through. No reason whatsoever for it to fall way down, let alone get anywhere near 6000s and test the bottom of the crash again. No body in the market is thinking about $6000 so nobody is gonna sell all the way down there or even within a couple thousand dollars of there. Bitcoin looks strong with steady growth now. It'll pass $10k soon, pass $11k maybe even this month. The big test is breaking through the high-11ks level that it got stuck at twice earlier in the year.
Don't rush, bitcoin has been unpredictable since then. We can speculate if we want to and think that it will even go $15,000 for the coming days. Forget about the noobs that are doing the wrong way of buying those FUDs and do sell at the lowest point because they do panic and buying when the market is on good hands. The intention of OP as written with the title he thinks that the price will go down to $6,000? Okay we've been stuck at $9,000 and at this moment this makes me have that feeling that the price will go $10,000 next week.
BTC is now at 9k and will make it 10k soon. So if you or OP keep to think it will fall back to 6k and then you will buy then good luck as it may take some months now to go back to that price or probably it will not even go so soon. So just keep looking as a audience if you do not want to invest and make money.
That is true, it can go towards 10000$ but it can also go back to 6000$ or less. Everything is possible with Bitcoin, experience has tought us so but not everything is possible in every moment. It's important how the market is reacting and what are the current factors that influence Bitcoin price, are they positive or negative.
At the moment I don't expect some biger downfall but also not to cross 10000$ so soon.
Don't rush, bitcoin has been unpredictable since then. We can speculate if we want to and think that it will even go $15,000 for the coming days. Forget about the noobs that are doing the wrong way of buying those FUDs and do sell at the lowest point because they do panic and buying when the market is on good hands. The intention of OP as written with the title he thinks that the price will go down to $6,000? Okay we've been stuck at $9,000 and at this moment this makes me have that feeling that the price will go $10,000 next week.
BTC is now at 9k and will make it 10k soon. So if you or OP keep to think it will fall back to 6k and then you will buy then good luck as it may take some months now to go back to that price or probably it will not even go so soon. So just keep looking as a audience if you do not want to invest and make money.
Lol this is too funny, I was led to believe we were going to see $11000 in the coming days.
I am so happy to have sold some yesterday, my spidey sense was tingling. Now, lets see if I can buy them back at a bargain price. Why do I make so much more money in a tanking market? Probably because I dont buy when its going up.
Anywayz, buy low, sell high, alwayz works for me. Noobs lose money because they do the exact opposite. Lolz!
I do not know if we are going to see such a low price maybe we are going to see 8000 or even 7000 but I do not think we're going to see 6000 again, however you are right when you say that there are many newbie traders that make a big mistake of buying when the price is very high and then selling when its low and they do that because they do not have any experience in trading and then they panic when they see the volatility of the market.I am so happy to have sold some yesterday, my spidey sense was tingling. Now, lets see if I can buy them back at a bargain price. Why do I make so much more money in a tanking market? Probably because I dont buy when its going up.
Anywayz, buy low, sell high, alwayz works for me. Noobs lose money because they do the exact opposite. Lolz!
I actually think the contrary, the most likely scenario in the event of a correction in this case would be for bitcoin to get close to the $6k level where the most support it at, and test that level.
It could even fall below that price, if the support doesn't hold up. We've seen how much people can panic dump in a bearish situation in the dumps that ensued in Jan-April, and if bitcoin isn't able to move past the $10k obstacle, it's a no brainer that people are going to panic even further.
I'm not saying that it won't happen, but I think it's much more possible that you and others think. If the momentum was in the bulls favour, we would have broken $10k ages ago, which we haven't done.
Lol this is too funny, I was led to believe we were going to see $11000 in the coming days.
I am so happy to have sold some yesterday, my spidey sense was tingling. Now, lets see if I can buy them back at a bargain price. Why do I make so much more money in a tanking market? Probably because I dont buy when its going up.
Anywayz, buy low, sell high, alwayz works for me. Noobs lose money because they do the exact opposite. Lolz!
I do not know if we are going to see such a low price maybe we are going to see 8000 or even 7000 but I do not think we're going to see 6000 again, however you are right when you say that there are many newbie traders that make a big mistake of buying when the price is very high and then selling when its low and they do that because they do not have any experience in trading and then they panic when they see the volatility of the market. I am so happy to have sold some yesterday, my spidey sense was tingling. Now, lets see if I can buy them back at a bargain price. Why do I make so much more money in a tanking market? Probably because I dont buy when its going up.
Anywayz, buy low, sell high, alwayz works for me. Noobs lose money because they do the exact opposite. Lolz!
Newcomers sometimes tend to depend on the other people choices and P&D groups to make an income out of bitcoin the problem is that they forgot to research first and abide by the basics and that is to buy low, sell high and hold a load of stashes bitcoin and other valuable altcoins in the long run and that is when they got scammed because they joined and asked wrong people or group, they will call cryptocurrency scam as they are calling it as a general when the fact is that its all their fault for trusting someone anonymous in the first place.
Don't rush, bitcoin has been unpredictable since then. We can speculate if we want to and think that it will even go $15,000 for the coming days. Forget about the noobs that are doing the wrong way of buying those FUDs and do sell at the lowest point because they do panic and buying when the market is on good hands. The intention of OP as written with the title he thinks that the price will go down to $6,000? Okay we've been stuck at $9,000 and at this moment this makes me have that feeling that the price will go $10,000 next week.
I don't think were heading backwards the price to $6000. Sometimes the market needs a slow motion to rise up it's value. I can sense were seeing the $11000 in the nearing months but not this week so calm and don't conclude yet.
The price will fall as this is normal but returning to $6k again could be not good for bitcoin. We had already getting confidence and attract new buyers if this will crash then we need enough time to build some momentum to go up. Lol this is too funny, I was led to believe we were going to see $11000 in the coming days.
I am so happy to have sold some yesterday, my spidey sense was tingling. Now, lets see if I can buy them back at a bargain price. Why do I make so much more money in a tanking market? Probably because I dont buy when its going up.
Anywayz, buy low, sell high, alwayz works for me. Noobs lose money because they do the exact opposite. Lolz!
You were not misled but you have no patience to hold your bitcoin for some more time. If you noticed the price is increasing day by day and it grew more than 1000 dollars in the last few days. Now you will be unhappy with your decision to sell your bitcoin for low price but don’t be panic it is the part of business. Patience and courage are important for investment in bitcoin.I am so happy to have sold some yesterday, my spidey sense was tingling. Now, lets see if I can buy them back at a bargain price. Why do I make so much more money in a tanking market? Probably because I dont buy when its going up.
Anywayz, buy low, sell high, alwayz works for me. Noobs lose money because they do the exact opposite. Lolz!
Lol this is too funny, I was led to believe we were going to see $11000 in the coming days.
I am so happy to have sold some yesterday, my spidey sense was tingling. Now, lets see if I can buy them back at a bargain price. Why do I make so much more money in a tanking market? Probably because I dont buy when its going up.
Anywayz, buy low, sell high, alwayz works for me. Noobs lose money because they do the exact opposite. Lolz!
I am so happy to have sold some yesterday, my spidey sense was tingling. Now, lets see if I can buy them back at a bargain price. Why do I make so much more money in a tanking market? Probably because I dont buy when its going up.
Anywayz, buy low, sell high, alwayz works for me. Noobs lose money because they do the exact opposite. Lolz!
There is honestly still some room for BTC to go up in the near term. It could even go upwards of $12k, if the market sentiment is able to stay as bullish as it was during the few huge pumps we saw during this market rally.
However, having said that, there is probably not a ton of room anymore, especially when you consider that the resistance at $9500-10000 is just refusing to give up right now. And the absolute ceiling right now is probably somewhere in the vicinity of $12k.
As you said, always buy low, sell high. A lot of people have bought near the top of this bull run at over $9k, and that's not the smartest thing to do. I do feel like that we're going to go down quite a bit in a correction across the board, before making our way back up.
$11k may still be in sight until further notice. We are presently having a correction, so let's assume this is the normal thing to expect after few days of overbought market, with some divergence on the 1hr chart and the only time we can get to call $6000 is if we probably miss the $7800 support which held us twice on the 13th and 17th of this month and prevented us from going back down. I am however expecting a bounce from $8400 though!
After this corrective phase, and we are able to break back to higher highs and lows, I expect us to go test back the $9700. probably hit past that and go further to $11k or we form a double top around the $9700 - $10k spot which apparently leads us back down. Whichever way, time and trend will tell.
I think that in the near future it will definitely reach to $11k but it will never fall again to as low as $6k. There are already many downfalls in the price and now it is growing more and more. So don’t be panic about the price. Many people have already lost a lot of money and now nobody is in a position to lose any more money. Now it is the time to make some money. After this corrective phase, and we are able to break back to higher highs and lows, I expect us to go test back the $9700. probably hit past that and go further to $11k or we form a double top around the $9700 - $10k spot which apparently leads us back down. Whichever way, time and trend will tell.
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