bitcoin could be 6000$ soon give us your opinion - page 7.

alexsandria

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Quote from: WHellscryp on December 09, 2019, 12:35:08 PM

hello we all see a few movement Indicate that btc will go down to 6k is this possible what would be your opinions

Though you are seeing a downfall movement that doesn't mean it would literally go at 6,000 mark. Yes, it gradually approaching but I don't think it would go beyond 7,000, and majority of people here either. Besides, is there analysis there? Would you like to elaborate some? So that people here can discuss it more further. But I still believe it won't crashed at 7,000. Market would stand firm at that mark.

Raflesia

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Is there a clearer technical analysis about bitcoin going down to $ 6000? I think the support area will not reach like that and we will see that bitcoin will endure at the level of $ 6800 and it is still difficult because of $ 7300 less ascending if viewed from the graphic movement, the core will be ahead of the new year and before the holidays there will be a decrease but the increase we will fully see what will happen.

panganib999

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Quote from: WHellscryp on December 09, 2019, 12:35:08 PM

hello we all see a few movement Indicate that btc will go down to 6k is this possible what would be your opinions

What are these movements you are saying? Cause I for one don't see anything actually that obvious. In fact, I believe this should be the accumulation period before a run through after the holidays end. BTC has been in a constant sideways movement after the bounce back from 6.5k, having a 300$ movement being the largest movement seen after a few weeks, which is from 7.3k - 7.5k and vice versa. This could mean a stable movement for traders to take advantage of to be able to accumulate before the bulls push through.

Wexnident

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Were there any indications of a pull to the 6k? BTC has every possibility to go through whatever value it wants, but the possibility is close to null I believe, atm anyway. No clear indications atm and BTC actually bounced back to 7.5k recently but went down to 7.3k few days ago (Or was it yesterday). Besides, the holidays are coming up and most would probably give opinion that instead of 6k, BTC would bounceback to 8k at least. But in the end, these are analysis without any charts involved or stuff like that, just my general take on what could happen.

hugeblack

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short answer: We can touch the $ 6000 barrier, but there is no strong support to continue that level.

We can bounce back to the level of $ 6000, but there is no indication that it will continue at a lower level, nor do I think that we will maintain that level for long periods.
The price kept the momentum at $ 7400, as there is no history barrier to decline and continue at $ 6000, and there is no indication to return to levels of $ 4000 or $ 3,000, so it is unlikely that the decline will be possible even though it is possible.

audaciousbeing

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Quote from: WHellscryp on December 09, 2019, 12:35:08 PM

hello we all see a few movement Indicate that btc will go down to 6k is this possible what would be your opinions

Since we are all expressing our opinions without giving reasons other that looking at the charts or being pessimist, then I can say that $6000 is the starting point but to be factual, I don't see that happening even though the market has been stagnant for a while now hovering in the $7.5kish bucket, going down to $6k would be catastrophic that no one should even wish for at the time. The holiday is coming where we are likely to see some dropping in the price of btc as people would want to offload in other to have a fulfilling celebration, but $6k would be too extreme.

alisonwonder

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Quote from: Furious 7 on December 10, 2019, 04:59:50 AM

I think the target will not be reached to $ 6000. This indicator is still too far now to still survive around $ 7000- $ 7400.
Where do you speculate that bitcoin will drop to $ 6000? I estimate it will continue to $ 10,000 at the beginning of the year although there are no charts to prove it, but I'm sure about that.

agree, support at 6500-6800 is pretty strong, 1 month ago when it went down it didn't even touch 6000, but it was stuck at 6500. I'm not sure for 10,000, but I just expect it will go above $8000 before Christmas.

Furious 7

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I think the target will not be reached to $ 6000. This indicator is still too far now to still survive around $ 7000- $ 7400.
Where do you speculate that bitcoin will drop to $ 6000? I estimate it will continue to $ 10,000 at the beginning of the year although there are no charts to prove it, but I'm sure about that.

BrewMaster

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yes it could but it could also go to $10,000 soon and just as easily.

my opinion is that it won't do either of these and will stay here for a much longer time and continues going sideways inside the range starting from $7k and ending at $8k. then maybe we see some final desperate attempt to push it lower before the price does a big breakout and the big FOMO starts shooting the price to above $16k within one week.

piebeyb

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Quote from: WHellscryp on December 09, 2019, 12:35:08 PM

hello we all see a few movement Indicate that btc will go down to 6k is this possible what would be your opinions

not long ago we touched $ 6500 and the price increased again above $ 7000 and it continues to survive until now, so if under $ 6000 you will see big support at $ 5500 there is strong buying support, I am not sure bitcoin will ever again touch below $ 6000 as many expected by many people since 2015 said that bitcoin will touch under $ 200 again but in fact the price of bitcoin continues to increase every time until halving 2016 and ATH in 2017, so actually this year is my last chance to see bitcoin prices below $ 10k, hopefully my words correct

BitcoinHunt3r

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Quote from: WHellscryp on December 09, 2019, 12:35:08 PM

hello we all see a few movement Indicate that btc will go down to 6k is this possible what would be your opinions

If that is really happen, so i wouldn't do anything except hold my bitcoin. Honestly, in real job my salary not enough again if must buy again, so what can i do only keep hold and earning from bounty or maybe signature campaign. But my plan with my earning is to hold until halving come and then make other decision after it. No matter price now or in the near future i will keep to be with my target.

Yaunfitda

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Quote from: WHellscryp on December 09, 2019, 12:35:08 PM

hello we all see a few movement Indicate that btc will go down to 6k is this possible what would be your opinions

At least you should have share your analysis to see if the price have a chance to go to $6k based on your TA. But then again we don't need to be rocket scientist here to make a guess here.

So I can say that it's possible to see $6k, but then again I'm no expert so I might be wrong.

Currently, we have been struggling to break into the $8k barrier and we keep on sliding to $7k which has a lot of support. But as I have said, anything its possible, we can see the price go down to $6k if there is negative news.

rez303

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Quote from: WHellscryp on December 09, 2019, 12:35:08 PM

hello we all see a few movement Indicate that btc will go down to 6k is this possible what would be your opinions

In my opinion, bitcoin is in a long-term downward trend, it could head towards 7k1, then 6k5 and worse, $ 5k. but it's all a prediction and we still need to wait and see how the signals look. In the crypto market, anything is possible. so we need to wait for the best and clearest signal to decide whether to buy or sell. Currently, the price of bitcoin is back to $ 7k4 and has not shown a clear uptrend, so it is likely to decrease, this is my analysis on October 12.

acdc

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It is possible that in recent days Bitcoin has had quite negative movements and the price has decreased a bit, but the conclusion that bitcoin will drop to $ 6k is quite hasty and lacking conclusive evidence. The current market is leveling off but the bad news has passed, I think bitcoin can drop to $ 7k after which it will recover.
$ 8k is my prediction for the price of bitcoin at the end of 2019.

xZork

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Quote from: WHellscryp on December 09, 2019, 12:35:08 PM

hello we all see a few movement Indicate that btc will go down to 6k is this possible what would be your opinions

I have not seen any sign that Bitcoin will drop to $ 6k. Why are you talking about that, can you give any indication to prove it?
Bitcoin will probably go down a bit, but it is unlikely to drop to 6k in the near future. I think bitcoin will trade at $ 7 ~ 7k5 from here until the end of 2019.

STT

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The movement in BTC is normal but I would guess sentiment is negative and reflects in a diminishing price. We are making attempts to break trend but so far its falling back, I need to see it above 7440 to be more optimistic. It was far more positive over the weekend but the headroom to improve from there was a descending ceiling and on cue we have bumped our head and moved downwards, so far not seeing strength.

We are below 2 day and 8 day averages and I think we are within negative trends to try and summarize it simply. There is no 6000 shown on my chart here but if I had to guess a break either way it would be to move closer to 6000 imo.

gunhell16

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Quote from: Herry Toms on December 09, 2019, 01:40:25 PM

Okay, I think it is much possible that bitcoin could hit 6000$ but I think it could be another good opportunity for those who missed buying at 3k last time.

We could be facing a new threat of having the price of Bitcoin down to 6,800 at worst this year.
This is just my speculation also, as of now i am seeing a playground in the market for 7,200-7,700 USD per BTC.
This might not be a long time to stay, it will be worst at 6.8K or we will see the price again reaching 10K before ending the year,

batang_bitcoin

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This topic should be on the Speculation, move the thread there first.

Quote from: WHellscryp on December 09, 2019, 12:35:08 PM

hello we all see a few movement Indicate that btc will go down to 6k is this possible what would be your opinions

BTC indicates everything base on the speculators thought. There's an indication that it can way go higher or lower base on the opinion of the reader. Every price is of possibility so you should be aware of that and don't be surprise whatever happens next.

Herry Toms

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Okay, I think it is much possible that bitcoin could hit 6000$ but I think it could be another good opportunity for those who missed buying at 3k last time.

suvo05

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Quote from: WHellscryp on December 09, 2019, 12:35:08 PM

hello we all see a few movement Indicate that btc will go down to 6k is this possible what would be your opinions

I am not seeing any indication that BTC will go down 6k soon. If you have any evidence for your statement that proves that it will go down to 6k then provide me. Then only we can conclude why you are making a statement like that. For me, BTC is too unpredictable but you hold you it will give profit. But whenever I tried to speculate most of the time it surprised me.

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