Yeah, maybe bitcoin can go down to $6000 if bitcoin keeps declining for a few days. Actually the $7000 is still quite alright compared to bitcoin price of approximately $6000. But I'm not sure the bitcoin will fall again. Of course I hope Bitcoin will rise, hopefully at the beginningof this year there will be a miracle that can make Bitcoin rise to $10,000 Bitcoin very hard to predict, its volatility is very high.
Topic: bitcoin could be 6000$ soon give us your opinion (Read 1567 times)
So long as at the end of the month there isn't positive news, it is likely that the price will go down to $6k. The market trend is at a high risk that all buyers are scared of buying at this moment, so that every customer is now planning for the worst and getting ready to buy at a very low price. Each consumer here is loving the moment's dip and waiting. For know I would be careful about btc.
While I have a very strong belief that the current growth that we are experimenting cannot really be sustained I do not really think that we are going to see a price of 6000 dollars at the end of this month, if you are lucky you could see a price of 8000 at that time, however you should not short the market at this time because if you do it you're going to face a huge risk if the whales decide to move the price in a positive direction while you believe the market will go down. So long as at the end of the month there isn't positive news, it is likely that the price will go down to $6k. The market trend is at a high risk that all buyers are scared of buying at this moment, so that every customer is now planning for the worst and getting ready to buy at a very low price. Each consumer here is loving the moment's dip and waiting. For know I would be careful about btc.
If you are waiting for the price of Bitcoin to drop down to about $6000 before this month end then you will wait in vain. What do you actually meant by positive news that will make price of Bitcoin remain or increase beyond its current level and that if such a thing didn't happen the price will move down to your said amount before month end. Am of the believe that positive news or not Bitcoin market value of will not drop down to $6000 before end of this month. .. snip ..
As I am writing this bitcoin is close to reach 8k for the first time since Nov 21, this is a good signal what I do not know is why this is happening now, did something happened that completely changed the attitude of most of the participants of the market or this is just another instance in which the price seems to go up only to crash in a spectacular way and it allows the whales to get even bigger? It will be interesting to know the answer to that question and we are going to find out about it soon.We will soon find out what is the real reason for the sudden spike in 24 hours. Perhaps some whale is trying to set up for a bull trap, or maybe speculators thinks that this is the right time to invest more as we're getting closer to the block halvening event.
This is a break out run, as the title of this thread, there are so called experts who think that the price will go to $6k, but the opposite happen, we are getting closer to $8k. But just be cautious though, as this might be a bull trap, just saying.
I assume the traders are back from their vacations and don't know what to do with their shitton of money that they made in the traditional stock market. Many expect the stock market to go rather sideways, so what better bet is there than a fresh Bitcoin year with a halving around the corner ?
.. snip ..
As I am writing this bitcoin is close to reach 8k for the first time since Nov 21, this is a good signal what I do not know is why this is happening now, did something happened that completely changed the attitude of most of the participants of the market or this is just another instance in which the price seems to go up only to crash in a spectacular way and it allows the whales to get even bigger? It will be interesting to know the answer to that question and we are going to find out about it soon.We will soon find out what is the real reason for the sudden spike in 24 hours. Perhaps some whale is trying to set up for a bull trap, or maybe speculators thinks that this is the right time to invest more as we're getting closer to the block halvening event.
This is a break out run, as the title of this thread, there are so called experts who think that the price will go to $6k, but the opposite happen, we are getting closer to $8k. But just be cautious though, as this might be a bull trap, just saying.
I assume the traders are back from their vacations and don't know what to do with their shitton of money that they made in the traditional stock market. Many expect the stock market to go rather sideways, so what better bet is there than a fresh Bitcoin year with a halving around the corner ?
.. snip ..
As I am writing this bitcoin is close to reach 8k for the first time since Nov 21, this is a good signal what I do not know is why this is happening now, did something happened that completely changed the attitude of most of the participants of the market or this is just another instance in which the price seems to go up only to crash in a spectacular way and it allows the whales to get even bigger? It will be interesting to know the answer to that question and we are going to find out about it soon.We will soon find out what is the real reason for the sudden spike in 24 hours. Perhaps some whale is trying to set up for a bull trap, or maybe speculators thinks that this is the right time to invest more as we're getting closer to the block halvening event.
This is a break out run, as the title of this thread, there are so called experts who think that the price will go to $6k, but the opposite happen, we are getting closer to $8k. But just be cautious though, as this might be a bull trap, just saying.
There is possibility that the price of the bitcoin of the bitcoin can drop down into $6000 per each if the bearish trend will continue to dominate the cryptocurrency market. I have cut loss strategy that I keep applying and it is below the support level where I can minimize the losses that I can experience. If the price breakdowns in its current support level, I will automatically let go my positions.
As I am writing this bitcoin is close to reach 8k for the first time since Nov 21, this is a good signal what I do not know is why this is happening now, did something happened that completely changed the attitude of most of the participants of the market or this is just another instance in which the price seems to go up only to crash in a spectacular way and it allows the whales to get even bigger? It will be interesting to know the answer to that question and we are going to find out about it soon. 
There is possibility that the price of the bitcoin of the bitcoin can drop down into $6000 per each if the bearish trend will continue to dominate the cryptocurrency market. I have cut loss strategy that I keep applying and it is below the support level where I can minimize the losses that I can experience. If the price breakdowns in its current support level, I will automatically let go my positions.
tomorrow is the last day of 2019, and I am pretty sure that the price of bitcoin doesn't touch the price of $ 6k anymore. however, the price of bitcoin actually stayed above $ 7k even though it was close to $ 6k. to be honest I am also very hesitant to see the price of bitcoin can survive, it's just that now, I'm pretty sure, from January, the price of bitcoin is likely to recover.
No reason why btc will go to 6k levels as new year bring new hopes and rises. Thus, people will also think about making new investment rules for investing in new year and crypto is now on top of the charts for people to invest. Btc is the major coin where people give first preference as least to have slight pie whatever possible for them.
So long as at the end of the month there isn't positive news, it is likely that the price will go down to $6k. The market trend is at a high risk that all buyers are scared of buying at this moment, so that every customer is now planning for the worst and getting ready to buy at a very low price. Each consumer here is loving the moment's dip and waiting. For know I would be careful about btc.
In fact, the entire cryptocurrency market is full of huge risks for cryptocurrency users and with accuracy, no one will be able to predict the real course of events on the cryptocurrency market. What news do you expect that may affect the rise in bitcoin prices? Apparently, everything is already clear that if cryptocurrency users do not strengthen public confidence in cryptocurrency and in the real value of bitcoin, then you will not have to expect an increase in cryptocurrency prices. In addition, for falling Bitcoin prices, there must also be some prerequisites, which are currently lacking. Yeah, maybe bitcoin can go down to $6000 if bitcoin keeps declining for a few days. Actually the $7000 is still quite alright compared to bitcoin price of approximately $6000. But I'm not sure the bitcoin will fall again. Of course I hope Bitcoin will rise, hopefully at the beginningof this year there will be a miracle that can make Bitcoin rise to $10,000 Bitcoin very hard to predict, its volatility is very high.
I can’t see price decline that makes it to 6k. Since volatility is existing we cannot judge early the market. No one can actually gives accurate prediction to what may happen in bitcoin. Many of us usually have a hopes in bitcoin that price will surge again.
Bitcoin is testing back the support of $6700. Bulls couldn't maintain the momentum and could take price above $7500. This region is really very critical for Bitcoin and this will decide whether the bulls or bears gonna take over. If price couldn't sustain over the support. Price will easily go to sub $5000. So is not suggest anyone to get into a trade right now. Rather should go all tether for a while until the market take some definitive direction.
Bitcoin again below the strong support of 7k$ and looks like it heading towards another bearish trend. The support volume is good but with no proper news there is no way to understand the situation and with that the alts will get hit again.
Yea 2018 just dragged on but it was the morning after the 2017 party so it figured it had the sellers there to fuel the fire and price continued down on that weakness. It would seem that went on too long and the price dropped until it was stretched and incorrect, hence we got a large bounce back in 2019 beyond almost anyones expectations so soon.
For 2020 I do think its more of a trilogy story, of course people want everything to happen and centre around halvening but I believe it will be more of an ignition point for further price development. So 2020 is a beginning and we develop to a greater extent in 2021 and 2022 is reasonable to me. Over that time the price would get higher, I dont want it to burn out like a firework in a few months moving too far too soon.
For 2020 I do think its more of a trilogy story, of course people want everything to happen and centre around halvening but I believe it will be more of an ignition point for further price development. So 2020 is a beginning and we develop to a greater extent in 2021 and 2022 is reasonable to me. Over that time the price would get higher, I dont want it to burn out like a firework in a few months moving too far too soon.
Seems reasonable to expect 6000 but the bigger point would be for what duration, 5 minutes, hours, days or months. Makes a big difference or would 6000 be the new top. If its a low price and we know the direction after is positive then we dont mind surely, I always have to consider the question as two parts.
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Lets just go on the wider picture with larger time frame, BTC often tries to shake off the weak holds who want profit not involvement. Every market sheds its skin every now and again and in order to grow its going to gain something from losing holders not prepared to go lower. So its fair to expect 5000 not even 6000 because we had that at 2019 year start with the long term average. I think the 'perfect' run up to a greater price would be lose speculators in this way by submerging to some depth in the chart not just going down a bit. Usually BTC exceeds expectations, thats my take.
Very good analysis, I am not as well versed when it comes to technical analysis but I made similar conclusions some time ago I just hope that the bear market we are experiencing is not as bad as the one we saw in 2018, that year was brutal not only in the magnitude of the bear market but also in its duration, the halving could prove helpful to get out of the bear market sooner than what it could be otherwise possible but if it has no effect we may face another long bear market. snip
Lets just go on the wider picture with larger time frame, BTC often tries to shake off the weak holds who want profit not involvement. Every market sheds its skin every now and again and in order to grow its going to gain something from losing holders not prepared to go lower. So its fair to expect 5000 not even 6000 because we had that at 2019 year start with the long term average. I think the 'perfect' run up to a greater price would be lose speculators in this way by submerging to some depth in the chart not just going down a bit. Usually BTC exceeds expectations, thats my take.
hello we all see a few movement Indicate that btc will go down to 6k is this possible what would be your opinions
as you see now until now do you see prices below $ 6000, the price of bitcoin still looks good until now it's just that many people are not patient buying it cheap and selling it expensive, are you still trading at the end of this year?Now it's too late the price of bitcoin has returned to $ 7300 now, if you buy bitcoin now it will likely rise again and it seems like the market is currently friendly so it is quite stable at prices above $ 7000 are you sure about that price?
Take advantage of situations like this positive thinking will again grow above $ 8,000.
The sideway channel ist pretty strong and yet every move up or down was rejected in a very short timeframe. So guess the low volatility seems to open the possibility for a strong move in the near future (maybe beginning of 2020?).
tomorrow is the last day of 2019, and I am pretty sure that the price of bitcoin doesn't touch the price of $ 6k anymore. however, the price of bitcoin actually stayed above $ 7k even though it was close to $ 6k. to be honest I am also very hesitant to see the price of bitcoin can survive, it's just that now, I'm pretty sure, from January, the price of bitcoin is likely to recover.
Until now, the price of Bitcoin is still well supported at prices above 7000$, but we cannot be sure of anything because the market may collapse anytime. I have seen the price of bitcoin drop to 1000$ in just a few hours and it was really bad. In 2020 I also believe that the price of bitcoin will be pumped and that it will probably start from February or Marchpredictions are not always accurate but positive thinking about bitcoin will trigger us to hold it even if there is a slight increase or decrease will continue to hold it before the price of bitcoin is satisfying, and only patience will give good results and everything will be beautiful in time.
tomorrow is the last day of 2019, and I am pretty sure that the price of bitcoin doesn't touch the price of $ 6k anymore. however, the price of bitcoin actually stayed above $ 7k even though it was close to $ 6k. to be honest I am also very hesitant to see the price of bitcoin can survive, it's just that now, I'm pretty sure, from January, the price of bitcoin is likely to recover.
Until now, the price of Bitcoin is still well supported at prices above 7000$, but we cannot be sure of anything because the market may collapse anytime. I have seen the price of bitcoin drop to 1000$ in just a few hours and it was really bad. In 2020 I also believe that the price of bitcoin will be pumped and that it will probably start from February or Marchlegendary
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tomorrow is the last day of 2019, and I am pretty sure that the price of bitcoin doesn't touch the price of $ 6k anymore. however, the price of bitcoin actually stayed above $ 7k even though it was close to $ 6k. to be honest I am also very hesitant to see the price of bitcoin can survive, it's just that now, I'm pretty sure, from January, the price of bitcoin is likely to recover.
I wouldn't say that Bitcoin should be 6000$ but it might be, that is possibility. I think that some further corrections are possible, however 6000$ could be the lowest level before the end of the year, I don't expect some bigger dump.
At first I thought that we might go up to 8000$ by the end of the year but now I'm not so sure anymore.
many people say like that, the turn of the year is less than 2 days away and currently the price of bitcoin is still stable in the range of $ 7k. that means the price of bitcoin needs $ 1k to reach $ 8k, it is very unlikely that the current price of bitcoin will increase $ 1k in a short time. if this can happen maybe most people will think this is a bull.At first I thought that we might go up to 8000$ by the end of the year but now I'm not so sure anymore.
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