Bitcoin can drop again 7K zone. | Bitcointalksearch.org

bminer.ca

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Quote from: richardsNY on June 10, 2018, 02:21:58 PM

Quote from: bminer.ca on June 10, 2018, 01:54:29 PM

We're back in the 6k zone again. Starting to depress but hodl nevertheless...

It all depends on your position in the market. I managed to buy at ~$6800 just now and look forward to scoop up some more coins. It's going to be interesting today or tomorrow when it comes to the low of ~$6450 a few months ago. It only requires one dump to break that level and potentially trigger a test of the $6000 level. It will be extremely bullish if yet again proves that there is nothing that can break that level. Either way, this shows that you should always have fiat aside that you can use to buy the dips. Every lower buy means a lower overall buying price for your coins, which is what we all want, right?

I'm a miner, just a miner, providing software for miners. Therefore you could say that I am making just a little bit less money since my real cost is the power cost, not btc acquisition cost...

rainezerr401

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Quote from: The Cryptovator on May 11, 2018, 09:18:22 AM

Bitcoin can drop 7K zone for short time. As we see it's already drop 8500$ . So I expect it will drop below 8k, that means 7K zone. But it will no longer. I hope agin Bitcoin will grow up to 9K zone by next week. What you think about it ?

The market is depending on the supply and demand of any coin it was listed on it so everything is possible as long as people will invest or trade their coins depending on the season.

richardsNY

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Quote from: bminer.ca on June 10, 2018, 01:54:29 PM

We're back in the 6k zone again. Starting to depress but hodl nevertheless...

It all depends on your position in the market. I managed to buy at ~$6800 just now and look forward to scoop up some more coins. It's going to be interesting today or tomorrow when it comes to the low of ~$6450 a few months ago. It only requires one dump to break that level and potentially trigger a test of the $6000 level. It will be extremely bullish if yet again proves that there is nothing that can break that level. Either way, this shows that you should always have fiat aside that you can use to buy the dips. Every lower buy means a lower overall buying price for your coins, which is what we all want, right?

LuciferEveningStar

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Quote from: The Cryptovator on May 11, 2018, 09:18:22 AM

Bitcoin can drop 7K zone for short time. As we see it's already drop 8500$ . So I expect it will drop below 8k, that means 7K zone. But it will no longer. I hope agin Bitcoin will grow up to 9K zone by next week. What you think about it ?

It was fine if the price of cryptocurrencies in the market drops because it only means that you will be having the chance to invest a huge amount but it was normal for those big holder to feel pressure since there is no assurance on when they will be getting their profit.

bminer.ca

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Quote from: domtom82 on June 09, 2018, 04:35:56 AM

I don't think it will drop below $7k anymore. Too much buyers above the long term support line. It is still a good chance to enter right now. I am pretty sure we will see ~ $8.500 by end of June/July.

We're back in the 6k zone again. Starting to depress but hodl nevertheless...

domtom82

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I don't think it will drop below $7k anymore. Too much buyers above the long term support line. It is still a good chance to enter right now. I am pretty sure we will see ~ $8.500 by end of June/July.

Morgann

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Quote from: The Cryptovator on May 11, 2018, 09:18:22 AM

Bitcoin can drop 7K zone for short time. As we see it's already drop 8500$ . So I expect it will drop below 8k, that means 7K zone. But it will no longer. I hope agin Bitcoin will grow up to 9K zone by next week. What you think about it ?

The price is already at $7k dollar but it was just fine since you can still invest today while the price is very low and earn a huge amount of profit when it reach $20k dollar or above before the year ends.

BlueStackz

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Quote from: Welhell on May 25, 2018, 05:53:29 AM

Certainly it can be happen. For now support is 6600 USD. I think we can see it in the future days. But if we mesure it with past, at the end of year price will be huge.

It has happened already and we are pretty much in the $7k zone with the market still making some attempt to go lower. No one knows how the whole market is going to end up turning out for now, but I guess we just have to see.

We have a little bit of support actually not around $6600 but around $6800 to $6900, following the trend line supporting us from the $5800 connected to the previous low around $6k and then hopefully getting to see a bounce from there again on that line now.

redsun114

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Quote from: Uno17 on May 25, 2018, 04:46:51 AM

We are actually on the 7k zone now, the market shakes again but i know this stage could be overcome also in the coming days. I always believe that bitcoin will ever survive in whatever negative fluctuations it passes thru, i trust before the year ends btc can recover and will go up again as evryone in the market expecting. We just have to stay optimistic on the issue.

Hopefully we do not end up getting close to the $6k zone. Although the market still looks like the bear still want to have some more hands in the market, but the truth is that no one can know anything for now looking at the behavior of the market for some days now.

I am optimistic in the long term though for the bulls, but in the short term, I am just watching to see how things will eventually turn up. Hopefully and just like you have said, we should at least see some green light before the end of the year, but that is a little bleak for now.

legendbtc

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Quote from: darkangelosme on June 01, 2018, 09:46:29 PM

Quote from: The Cryptovator on May 11, 2018, 09:18:22 AM

Bitcoin can drop 7K zone for short time. As we see it's already drop 8500$ . So I expect it will drop below 8k, that means 7K zone. But it will no longer. I hope agin Bitcoin will grow up to 9K zone by next week. What you think about it ?

I think that's normal for bitcoin to drops its price right now, we are only at the second quarter of the year dude, there are much for us to wait on bitcoin by the end of this year, mark my words Cool

.

If it drops below it will start increasing more because without decreasing the original value it is impossible to reach the higher value in the market. So we have to wait for some more time in order to increase the bitcoin price.

darkangelosme

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Quote from: The Cryptovator on May 11, 2018, 09:18:22 AM

Bitcoin can drop 7K zone for short time. As we see it's already drop 8500$ . So I expect it will drop below 8k, that means 7K zone. But it will no longer. I hope agin Bitcoin will grow up to 9K zone by next week. What you think about it ?

I think that's normal for bitcoin to drops its price right now, we are only at the second quarter of the year dude, there are much for us to wait on bitcoin by the end of this year, mark my words Cool

.

btc78

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Quote from: The Cryptovator on May 11, 2018, 09:18:22 AM

Bitcoin can drop 7K zone for short time. As we see it's already drop 8500$ . So I expect it will drop below 8k, that means 7K zone. But it will no longer. I hope agin Bitcoin will grow up to 9K zone by next week. What you think about it ?

it drops $7,000 have you seen that?

And until now its $7,500 and your $9k prayer is too far from reality,we cant even getbhigh than $7,500 for almost a week now,hope there will be a savior to bring out the heat and starts running the engine of the prices

bminer.ca

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Quote from: Clark05 on June 01, 2018, 02:22:48 AM

Price of the bitcoin last few days ago are near at $7000 and Im very happy right now because the price increasing again and the price is $7500 and This month is bitcoin continue increasing because they have a lot of investor again to bitcoin comeback . 15k dollars is possible price for this month.

If it reach 15k THIS MONTH, I'll definitively get a beer deliver to your door, wherever you are in the world!
I do not believe that will happen unfortunately... There is no fundamental reason to double the price of BTC so brutaly....

Clark05

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Price of the bitcoin last few days ago are near at $7000 and Im very happy right now because the price increasing again and the price is $7500 and This month is bitcoin continue increasing because they have a lot of investor again to bitcoin comeback . 15k dollars is possible price for this month.

truongdhnh

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Quote from: ?? on ??

Quote from: truongdhnh on May 31, 2018, 05:05:26 AM

Quote from: bminer.ca on May 28, 2018, 08:12:57 PM

Looks like we will explore 6k again Sad

Many people like the price increase and also many people prefer the price decrease. Back to 6k is not necessarily a bad thing, they will become richer after this period. You can sell now and buy more when it comes back to 6k Grin

, of course you dare to venture out.

And anyhow about the situation will surely still be take utilized by many people on the efforts they will do in investing, trading, etc.., obviously I see here bitcoin is already proven still in the crowds of many people, it will still continue to be touched and of course up and down is the naturally that should be utilized as possible. In the long run, it's definitely profitable, there is no reason to afraid in the holding.

This is an accurate statement, good investors will take advantage of every cycle of bitcoin up and down. We do not have experience so just hold, because the trend is always going up.

Abu Shadow

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Quote from: The Cryptovator on May 11, 2018, 09:18:22 AM

Bitcoin can drop 7K zone for short time. As we see it's already drop 8500$ . So I expect it will drop below 8k, that means 7K zone. But it will no longer. I hope agin Bitcoin will grow up to 9K zone by next week. What you think about it ?

No one can predict the price of bitcoin, it this will go bottom then it's a good time to buy but now the price is slowly getting better. Hoping for a good rally soon to push the price. Be patient and don't get panic.

superving

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Quote from: bminer.ca on May 28, 2018, 08:12:57 PM

Looks like we will explore 6k again Sad

Not really cause it wont happen, bitcoin will be stable at 7000$ and that would be the bottom this year. And for the new ath well we need another year to reach it.

truongdhnh

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Quote from: bminer.ca on May 28, 2018, 08:12:57 PM

Looks like we will explore 6k again Sad

Many people like the price increase and also many people prefer the price decrease. Back to 6k is not necessarily a bad thing, they will become richer after this period. You can sell now and buy more when it comes back to 6k Grin

, of course you dare to venture out.

Kiweikoo

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Quote from: ArIMy11 on May 25, 2018, 07:16:07 AM

Quote from: The Cryptovator on May 11, 2018, 09:18:22 AM

Bitcoin can drop 7K zone for short time. As we see it's already drop 8500$ . So I expect it will drop below 8k, that means 7K zone. But it will no longer. I hope agin Bitcoin will grow up to 9K zone by next week. What you think about it ?

Bitcoin price going down again so sad. I just hope now that bitcoin will not goes down in the range of 6k dollar. I have read a thread few days ago, it said that some coins will rise on the month of june. Well, i really hope so. One of those coin is bitcoin and ethereum. I haven't check the current bitcoin price and the market to see if bitcoin is already green or still red.

Bitcoin yesterday dropped at 7k dollar back and today it is 7.2k dollar with a little increase in price. This increase will may continue in the upcoming days so as to gain the highest possible speed, this increase in demand will speed up the market rate of Bitcoin. All we need is to invest in this low market now to collect large quantity of Bitcoins and to get benefit of it in the end as well.

bminer.ca

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Looks like we will explore 6k again Sad

Topic: Bitcoin can drop again 7K zone. (Read 876 times)