Topic: Bitcoin Drops Below $6,500 - page 3. (Read 981 times)
The price that went low to $6500 has got recovered, hope this is a massive comeback focusing towards growth. In specific it is all about the situation prevailing over the entire market. Right now a small pumping will create a positive thought among the people and the same will attract more investors which is a must for growth.
I'm pretty sure that the last $5k mark crash id going to be the last of it. It bounces back easily and a few more months, we could see bitcoin going unstoppable on the last quarter. I'll be honest that I panicked a little and I'm sure some of you did too.
I never had a doubt that BTC will come back to 20k again. Watching those curves every day and I still think the same way, BTC will not go down under 6k. Maybe it'll go up to 7-8k and then drop a little but in the end it'll reach 10-15-20k. We'll see soon enough.
I'm pretty sure that the last $5k mark crash id going to be the last of it. It bounces back easily and a few more months, we could see bitcoin going unstoppable on the last quarter. I'll be honest that I panicked a little and I'm sure some of you did too.
glad to see bitcoin price stay at $6135 in this day and everything looks green in the market.
I drew in support in this area, it matches previous highs and is now the low before we get to 6,500 which is a bigger point of resistance over time.
It rebound back to $6,200 after it drop to around $5,800 so i assume we have a great support around this level
But market is still testing tho on what could possibly happen
By looking at the fundamental like news and regulations, aside from big tech companies skeptical comments, everything else is kinda fine
honestly, this is a price reduction that really makes many people panic. Well, for now, I think the price is back to stable. however, the price is still really below the $ 6500 price tag. I hope that the bitcoin price increase will happen soon in July.But market is still testing tho on what could possibly happen
By looking at the fundamental like news and regulations, aside from big tech companies skeptical comments, everything else is kinda fine
Bitcoin has seen a very low price for this year and I think it will come down to $5500 within this month end. There are several factors for the downfall of Bitcoin like the most famous exchanges got hacked and the Japanese regulation on their countries exchanges which lead to closure of their exchange due to KYC norms not followed strictly.
There is nothing I can say about hack, that isn't already said. But as far as KYC is concerned, I guess things like that was inevitable. If we want for bitcoin to become worlds currency, that things like money laundering must be stopped. If certain people use bitcoin for criminal act and goes unpunished, common people will see bitcoin as an criminal thing... which is bad. So KYC regulation is trying to prevent that. No one can say for how long with this continue to go on, but I am almost 100 percent sure that this will not be the downfall of Bitcoin.
glad to see bitcoin price stay at $6135 in this day and everything looks green in the market. I wish that it will stay like this for a long time so the altcoin has a chance to increase higher. but there are still possibilities for bitcoin to go up or down in anytime so we still need to be careful because we don't know where bitcoin price wants to go. perhaps, if there are a good news comes, it will push the price to increase by more than $6500 and still increase to break any level of the price.
Bitcoin might be testing new lows by going below $6,500 level, however, analysts like Tony Vays and Ran Neu-Ner believe it will even hit $4,975 and $5,900 respectively before any upward momentum could be expected. Bitcoin Bull, Tim Draper is still bullish and planning to buy even more bitcoins with no plans to sell them any time now.
BTC highly bearish, Tony Vays’ target $4,975 but…
The world’s largest cryptocurrency by market capitalization, Bitcoin has fallen to its lowest since February. Today, Bitcoin dropped down to an extreme low of $6,433. However, it has again gained a slight upward shift and gone above $6,500 level at $6,510.
Continue reading: https://coingape.com/bitcoin-price-drops-below-6500-experts-remains-bullish/
BTC highly bearish, Tony Vays’ target $4,975 but…
The world’s largest cryptocurrency by market capitalization, Bitcoin has fallen to its lowest since February. Today, Bitcoin dropped down to an extreme low of $6,433. However, it has again gained a slight upward shift and gone above $6,500 level at $6,510.
Continue reading: https://coingape.com/bitcoin-price-drops-below-6500-experts-remains-bullish/
Bitcoins price can drop even more in the next few months but still it will be always managing to increase even more in the future because the market is volatile and people are going to invest a huge amount in order to earn more profit when the market pumps up again.
In a long bear market like this, nobody knows where the real bottom is. That's why we need to look left to realize our previous market structure and make some educated guesses on what its next move gonna be.
Btw, its already a good news that we only had two long bear markets in Bitcoin, compared to stocks. What's happening now is very healthy. Look at the bigger picture and you'll see we're in great shape.
And, always remember: "The trend is your friend" - Investment 101
Btw, its already a good news that we only had two long bear markets in Bitcoin, compared to stocks. What's happening now is very healthy. Look at the bigger picture and you'll see we're in great shape.
And, always remember: "The trend is your friend" - Investment 101
Bitcoin might be testing new lows by going below $6,500 level, however, analysts like Tony Vays and Ran Neu-Ner believe it will even hit $4,975 and $5,900 respectively before any upward momentum could be expected. Bitcoin Bull, Tim Draper is still bullish and planning to buy even more bitcoins with no plans to sell them any time now.
BTC highly bearish, Tony Vays’ target $4,975 but…
The world’s largest cryptocurrency by market capitalization, Bitcoin has fallen to its lowest since February. Today, Bitcoin dropped down to an extreme low of $6,433. However, it has again gained a slight upward shift and gone above $6,500 level at $6,510.
Continue reading: https://coingape.com/bitcoin-price-drops-below-6500-experts-remains-bullish/
Well, it is not a new things to have happen yo Bitcoin in its existence as Bitcoin has already taste below $6,000 in recent time before it later return to above $6,000 in the couple of weeks back. But we all hope that sooner or later Bitcoin value will reach another mile stone only if there are positive news. BTC highly bearish, Tony Vays’ target $4,975 but…
The world’s largest cryptocurrency by market capitalization, Bitcoin has fallen to its lowest since February. Today, Bitcoin dropped down to an extreme low of $6,433. However, it has again gained a slight upward shift and gone above $6,500 level at $6,510.
Continue reading: https://coingape.com/bitcoin-price-drops-below-6500-experts-remains-bullish/
It rebound back to $6,200 after it drop to around $5,800 so i assume we have a great support around this level
But market is still testing tho on what could possibly happen
By looking at the fundamental like news and regulations, aside from big tech companies skeptical comments, everything else is kinda fine
honestly, this is a price reduction that really makes many people panic. Well, for now, I think the price is back to stable. however, the price is still really below the $ 6500 price tag. I hope that the bitcoin price increase will happen soon in July.But market is still testing tho on what could possibly happen
By looking at the fundamental like news and regulations, aside from big tech companies skeptical comments, everything else is kinda fine
I agree, bitcoin had already dropped below 6K$ and it seems there's a sudden price correction after couple of hours. And I see it slowly recovering for now from the price 5.8K$ to 6.2K$. Im hoping it will continue to rise soon and leaving the bearmarket behind.
The price even dropped further to $5,800. Those who are bailing out of BTC are not helping but instead making it worse. 2018 is on its half way mark, last year BTC price starts to improve by this period until October where the price starts to pump by leaps and bounds. I am expecting a further drop by August till September when Chinese Ghost month starts to kick in.
Last April Bitcoin was around 1K and now it doesnt seem to want to go below $6100 in a bear market so that is a 500% increase which may bring us to around 30k by this time next year.
Bitcoin's price hitting $30k till the end of this year... that is just a wild guess, there's no real prof for something like that. I don't say that its impossible. But in best case scenario, chances for that are almost as equal to impossible.
We would all like to see something like that, but lets be honest here. With everything that is going on lately with bitcoin's market and with crime fighting, do you really think that people will just run toward bitcoin and buy it in enormous amounts? Nah, things needs to settle down a bit first. Maybe next year tho, who knows.
Bitcoin's price hitting $30k till the end of this year... that is just a wild guess, there's no real prof for something like that.
I don't say that its impossible. But in best case scenario, chances for that are almost as equal to impossible.
We would all like to see something like that, but lets be honest here. With everything that is going on lately with bitcoin's market and with crime fighting, do you really think that people will just run toward bitcoin and buy it in enormous amounts? Nah, things needs to settle down a bit first. Maybe next year tho, who knows.
I don't say that its impossible. But in best case scenario, chances for that are almost as equal to impossible.
We would all like to see something like that, but lets be honest here. With everything that is going on lately with bitcoin's market and with crime fighting, do you really think that people will just run toward bitcoin and buy it in enormous amounts? Nah, things needs to settle down a bit first. Maybe next year tho, who knows.
Things change very quickly in crypto so anything is possible. The market is very long in the red so it's not possible for thing to go the other side by the end of the year.
Last April Bitcoin was around 1K and now it doesnt seem to want to go below $6100 in a bear market so that is a 500% increase which may bring us to around 30k by this time next year.
Bitcoin's price hitting $30k till the end of this year... that is just a wild guess, there's no real prof for something like that. I don't say that its impossible. But in best case scenario, chances for that are almost as equal to impossible.
We would all like to see something like that, but lets be honest here. With everything that is going on lately with bitcoin's market and with crime fighting, do you really think that people will just run toward bitcoin and buy it in enormous amounts? Nah, things needs to settle down a bit first. Maybe next year tho, who knows.
Last April Bitcoin was around 1K and now it doesnt seem to want to go below $6100 in a bear market so that is a 500% increase which may bring us to around 30k by this time next year.
Bitcoin has seen a very low price for this year and I think it will come down to $5500 within this month end. There are several factors for the downfall of Bitcoin like the most famous exchanges got hacked and the Japanese regulation on their countries exchanges which lead to closure of their exchange due to KYC norms not followed strictly.
There is nothing I can say about hack, that isn't already said. But as far as KYC is concerned, I guess things like that was inevitable. If we want for bitcoin to become worlds currency, that things like money laundering must be stopped. If certain people use bitcoin for criminal act and goes unpunished, common people will see bitcoin as an criminal thing... which is bad. So KYC regulation is trying to prevent that. No one can say for how long with this continue to go on, but I am almost 100 percent sure that this will not be the downfall of Bitcoin.
Bitcoin might be testing new lows by going below $6,500 level, however, analysts like Tony Vays and Ran Neu-Ner believe it will even hit $4,975 and $5,900 respectively before any upward momentum could be expected. Bitcoin Bull, Tim Draper is still bullish and planning to buy even more bitcoins with no plans to sell them any time now.
BTC highly bearish, Tony Vays’ target $4,975 but…
The world’s largest cryptocurrency by market capitalization, Bitcoin has fallen to its lowest since February. Today, Bitcoin dropped down to an extreme low of $6,433. However, it has again gained a slight upward shift and gone above $6,500 level at $6,510.
Continue reading: https://coingape.com/bitcoin-price-drops-below-6500-experts-remains-bullish/
BTC highly bearish, Tony Vays’ target $4,975 but…
The world’s largest cryptocurrency by market capitalization, Bitcoin has fallen to its lowest since February. Today, Bitcoin dropped down to an extreme low of $6,433. However, it has again gained a slight upward shift and gone above $6,500 level at $6,510.
Continue reading: https://coingape.com/bitcoin-price-drops-below-6500-experts-remains-bullish/
Im not against the speculation but the reason why cryptocurrency is currently decreasing right now is because of negative news or fud that is actually manipulating the minds of different people to sell their coins in the market more than holding.
This is somewhat consistent with what I've read. To expect movement in the $6k but that in the early fall to see a correction downward and Q4 a recovery before EOY.
Whales are counting on people to panic and they've been accumulating a lot of cheap BTC lately. Soon fiat will start pouring back in and market will recover.
It rebound back to $6,200 after it drop to around $5,800 so i assume we have a great support around this level
But market is still testing tho on what could possibly happen
By looking at the fundamental like news and regulations, aside from big tech companies skeptical comments, everything else is kinda fine
honestly, this is a price reduction that really makes many people panic. Well, for now, I think the price is back to stable. however, the price is still really below the $ 6500 price tag. I hope that the bitcoin price increase will happen soon in July.But market is still testing tho on what could possibly happen
By looking at the fundamental like news and regulations, aside from big tech companies skeptical comments, everything else is kinda fine
This is somewhat consistent with what I've read. To expect movement in the $6k but that in the early fall to see a correction downward and Q4 a recovery before EOY.
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