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Topic: Bitcoin Holds Above $6k (Read 1086 times)

member
Activity: 392
Merit: 10
August 24, 2018, 06:52:12 PM
Is news about alleged manipulation of the Bitcoin price also manipulation?

Read Bokka Crypto Technical Analysis BTC/USD 14.06.18: https://bokka.com/cryptocurrency-news-bitcoin-holds-above-6k
I think you should not hold and invest long term at this point, you can see that the market is in the downtrend stage and the price of bitcoin is starting to fall sharply in the future, so to be able to deliver Successful translation at this time is very difficult. The bitcoin price will probably drop sharply and if you invest long term you will die capital.
member
Activity: 294
Merit: 10
August 24, 2018, 06:49:16 PM
Is news about alleged manipulation of the Bitcoin price also manipulation?

Read Bokka Crypto Technical Analysis BTC/USD 14.06.18: https://bokka.com/cryptocurrency-news-bitcoin-holds-above-6k
I think your opinion is good, but according to my analysis, in the upcoming bitcoin adjustment, if the $ 6000 level can not hold, the bitcoin price could drop to $ 5300. So I think you should still divide your capital and buy bitcoin at regular intervals to minimize the risk and possibly the DCA when prices fall. The market is bearish in the long run and so anything can happen.
sr. member
Activity: 1624
Merit: 267
August 24, 2018, 09:53:42 AM
You can hold bitcoin even the price is 6k dollars because that price is perfect now for keeping  .
Like today the value of the bitcoin dump and I hope it will pump again the price.
full member
Activity: 360
Merit: 100
August 24, 2018, 09:42:50 AM
At first you have to understand Bitcoin is now the global hot Cryptocurrency. So in general its demand become high. It is great to see bitcoin is holding above 6000$.I think it will retrace between 6000$-7000$.But chart is not showing good things if we go below 6000$ then we may see another crash. And yeah bitcoin is now heavily manipulated because of leverage trading.

hero member
Activity: 1190
Merit: 500
August 24, 2018, 08:29:13 AM

The price of bitcoin will not fall below $ 5000, and it is very good to see bitcoin survive above $ 6000 because the price of $ 6000 is the market trading price until the end of 2018 and the price of bitcoin will continue to rise to the price of $ 18000 as before.
I think it's a good thing if the bitcoin price stays at $6k, that means the price is at the bottom line right? we only need to wait for
prices to rise, if you dare to take risks, maybe you can increase your assets by buying bitcoin at this price, it can be very profitable..
jr. member
Activity: 294
Merit: 1
August 24, 2018, 07:31:38 AM
It is a great news that bitcoin is holding above 6k USD. With the news of the rejection of ETF, the price still held very well on the exchange. The price of bitcoin has long been manipulated by the whales. With all the FUD news in the  market that causes people to sell off and lose money.
Its a good news that bitcoin is above 6k
member
Activity: 266
Merit: 10
August 24, 2018, 07:20:57 AM
I think that it is much better to hold btc because it can be the best most profitable asset in your life. why not invest in it if it can provide you with the possibility to earn good money and earn a living
jr. member
Activity: 210
Merit: 1
August 24, 2018, 07:14:24 AM

The price of bitcoin will not fall below $ 5000, and it is very good to see bitcoin survive above $ 6000 because the price of $ 6000 is the market trading price until the end of 2018 and the price of bitcoin will continue to rise to the price of $ 18000 as before.
newbie
Activity: 112
Merit: 0
August 24, 2018, 07:14:03 AM
Bitcoin has long been manipulated.
Since 2017 and all these news are created specifically.

This a big challenge that is facing cryptos. As a result of this, some persons are even tempted to assume that Bitcoin is a pyramid scheme. Even though I do not agree with them, their points are well valid in the wake of the present realities.
sr. member
Activity: 560
Merit: 250
August 24, 2018, 07:11:28 AM
yes there is no other option to secure the tone assets you should be able to hold the bitcoin that you have until the price returns, do not let you sell your bitcoin at a very cheap price because it will make you lose.
hero member
Activity: 1274
Merit: 500
August 24, 2018, 06:39:04 AM
The uphold motion of bitcoin raging $6k and above standing stood still for many days. It is quite terrible seeing just that way and never given a chance to climb up high even reaching $10k since January. We know there's a time await us and maybe we could see it before December.
I think Bitcoin has been down for a very long time and we will soon see the price hike in September this year and it will be the biggest gain ever since recently there was a lot of market-related news. This is a good sign that people can invest right now
full member
Activity: 308
Merit: 101
August 24, 2018, 06:12:36 AM
Bitcoin holds above $6k so I think that is great time to invest in it, also probably many big investors think so, it is very unlikely that btc will be sub $6k anymore.
newbie
Activity: 70
Merit: 0
August 24, 2018, 05:48:17 AM
The substance is this: if Bitcoin can move past $6,675, at that point it's protected to state a bullish pattern inversion has arrived. Sounds like a faraway objective in light of the present BTC action, however let us not overlook the coin bounced to $6,649
hero member
Activity: 1260
Merit: 524
August 24, 2018, 04:21:18 AM
The uphold motion of bitcoin raging $6k and above standing stood still for many days. It is quite terrible seeing just that way and never given a chance to climb up high even reaching $10k since January. We know there's a time await us and maybe we could see it before December.

This is happening due to traders are not willing to hold for long and they are just taking profit as soon as they are seeing 10 to 20% of profit . That is why the price of btc is roaming between $6000 to $6900 range. But before December we will surely see the btc price crossing $10k as per my analysis
hero member
Activity: 2828
Merit: 518
August 20, 2018, 08:26:27 AM
The uphold motion of bitcoin raging $6k and above standing stood still for many days. It is quite terrible seeing just that way and never given a chance to climb up high even reaching $10k since January. We know there's a time await us and maybe we could see it before December.
newbie
Activity: 32
Merit: 0
August 20, 2018, 05:45:08 AM
Is news about alleged manipulation of the Bitcoin price also manipulation?

Read Bokka Crypto Technical Analysis BTC/USD 14.06.18: https://bokka.com/cryptocurrency-news-bitcoin-holds-above-6k
I think, manipulation is existing now in the Bitcoin. There are many big players or big business person behind this dump of Bitcoin. They are starting to accumulate, they are controlling the market that's why big dump happened, and also because of ETF issue, the Bitcoin price falls down to below $6,000.
Today everything is different because ETF funds are bound to enter the market and all is just a matter of time. The price of the BTC over the past 24 hours has reached $ 6600 and this is a very good thing in the current period. I believe Bitcoin prices will increase and people should consider investing now because the opportunity to earn a profit is huge.
It is guaranty that in the coming time, bitcoin 100% give us good and above $6000. 6k is very small amount of bitcoin, bitcoin has more valuable from 6k. But now the time of market is down. 
newbie
Activity: 6
Merit: 0
August 20, 2018, 04:41:31 AM
Is news about alleged manipulation of the Bitcoin price also manipulation?

Read Bokka Crypto Technical Analysis BTC/USD 14.06.18: https://bokka.com/cryptocurrency-news-bitcoin-holds-above-6k
I think, manipulation is existing now in the Bitcoin. There are many big players or big business person behind this dump of Bitcoin. They are starting to accumulate, they are controlling the market that's why big dump happened, and also because of ETF issue, the Bitcoin price falls down to below $6,000.
Actually our profit from bitcoin is total depend on manipulation of bitcoin price, even in all coins we earn from manipulation wise. But it is doing only big whales, we are a small part of this game.   
legendary
Activity: 2030
Merit: 1028
August 19, 2018, 09:06:02 AM
As we can see , bitcoin still around $ 6400++ which means people still interest on bitcoin and other cryptocurrency.
For me personally, I hold bitcoin as long term investment so when red market occur, it's won't affect me at all , as long as I can control my emotion since for some people , it's difficult to handle but when people gain the experience, you will see the benefit of it !
newbie
Activity: 126
Merit: 0
August 19, 2018, 08:42:42 AM
Yes, it can not be less than $ 6000. It will be a difficult time for BTC
hero member
Activity: 2814
Merit: 618
Leading Crypto Sports Betting & Casino Platform
August 19, 2018, 06:02:27 AM
we have a very strong support at ~$6,000 for a few months now
I hope this stays true to the end of year and builds confidence on bitcoin future value
if you haven't hold enough, this is the opportunity to buy some more for somewhat good price

Yes, sure, this is the chance to get more BTC. The price is low. However, I'd better wait for the days when Bitcoin falls critically - this is the best period to buy this cryptocurrency. I guess it might be even less than 6K.

I think $6000 is a solid support line for now and we hope it will not be broken because it will dump further below $5000 if support is gone. Less than $6000 range is a good buy in my opinion, and you can get profit once it recovers several weeks from now.

Well we've broken that support line probably twice or thrice this year but the price is always quick to recover so yeah i think it will stay there or if it goes below 6k, there will again be a quick recovery.

Even though alts have crashed to the floor and there is blood bath for the last few months, but bitcoin has retained its support about 6K. It has not gone below this figure and even if it did few times it was quick to recover. The reason maybe people have strong belief in bitcoins and they are willing to accumulate it in cheap prices. 
Although i know a fact that whales are also accumulating the bitcoin at these prices to go for all in for the next big Bull run which is not far away.
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