Topic: Bitcoin lower than $6000? Is it possible? - page 2. (Read 1511 times)
Actually i forgot the price of the month, because i was so excited when in December the price rose to 2x. Who is not happy with the price and is definitely forgetting the low prices that occurred in the past months. But the dilemma again occurs in early 2018 until now, we all certainly hope that it will be repeated again as of 2017.
Theoretically it is, being that the nature of bitcoin is highly volatile, but come to think of it, this is just a part of bitcoin's value getting a correction, if we can still remember, way back in december, there were people who are not investors that came in to play, they have bought bitcoin at a higher price, and those who had bought if at lower price will normally just take profit, leaving the weak hands behind, thus a drop in the price of bitcoin, and now we are clearly seeing the correction in the market, and that's the reason why the price is not going up by 50% or going down by 50%.
This happened last week and none of the people were surprised because of this. Bitcoin markets are so volatile and any price is highly possible in the markets. We can't avoid this.
I hope the bitcoin will turrun until the price of $ 4000
because if that happens, I'll buy as much as I can, divert all my assets to buy bitcoin.
and I will hold it, no matter about negative news
because I'm sure in a few months time, bitcoin will return to its normal price
and it will give me many advantages
There are many hopes for this that bitcoin will be lower than $6k. If in case it will reach below $6k for sure many of us will buy bitcoin as much as we can. Possibilities is their, let's see for the mean time if price will dropped lower $6k. because if that happens, I'll buy as much as I can, divert all my assets to buy bitcoin.
and I will hold it, no matter about negative news
because I'm sure in a few months time, bitcoin will return to its normal price
and it will give me many advantages
Obviously, nothing is impossible. Even if we hope for something now, anything can change. The market has experienced some bad periods and obviously everyone is looking to see what happens next as no one can actually predict that right now. Hopefully, the downtrend is over, and if it is not, we just have to wait it out, but for now, no one can say if it will be lower than $6k or if this is the end of correction.
Theoretically it is, being that the nature of bitcoin is highly volatile, but come to think of it, this is just a part of bitcoin's value getting a correction, if we can still remember, way back in december, there were people who are not investors that came in to play, they have bought bitcoin at a higher price, and those who had bought if at lower price will normally just take profit, leaving the weak hands behind, thus a drop in the price of bitcoin, and now we are clearly seeing the correction in the market, and that's the reason why the price is not going up by 50% or going down by 50%.
It's a pyramid scheme - you can't get rich by pooling your resources together and dividing them among you, idiots. Hahaha..........Sheep
My brother said I was an idiot buying at $8. Think about it......
Is it possible that Bitcoin falls lower than $6000!
Which is the level of 31 Oct 2017!
Yes my dear it is possible any price in bitcoins is possible since we don't know how much whales and other crypto related groups wants to happen in price. Many speculation that says it will go more below on it and im only waiting for it. We are a long way before a bull run. Which is the level of 31 Oct 2017!
it is rather good news, for people who monitor the cryptocurrency market during several years. We all have got already used to year ending with awesome growth and in January, the period of holidays will bring us a usual correction. My advice for December 2018 is to convert all in fiat currency and restart at the beginning of winter.
Stocks crashes so bitcoin will crash again?
Wall Street is starting to claim that bitcoin and stocks are correlated:
https://www.cnbc.com/2018/02/07/wells-fargo-strategist-bitcoin-and-the-market-are-correlated.html
I hope he is wrong about the correlation, because stocks are due for a big crash and I don't want bitcoin blamed for it!
https://www.cnbc.com/2018/02/07/wells-fargo-strategist-bitcoin-and-the-market-are-correlated.html
Quote
If the bitcoin bubble bursts, the stock market may go down along with it, said Christopher Harvey, head of equity strategy at Wells Fargo, who sees a correlation between the two.
"On Monday what we saw is all risk products sell off," Harvey said Wednesday on CNBC's "Fast Money."
A hit on the market, he said, can cause investors to panic and begin selling bitcoin as well.
"It sometimes adds fuel to the fire," Harvey said.
"On Monday what we saw is all risk products sell off," Harvey said Wednesday on CNBC's "Fast Money."
A hit on the market, he said, can cause investors to panic and begin selling bitcoin as well.
"It sometimes adds fuel to the fire," Harvey said.
I hope he is wrong about the correlation, because stocks are due for a big crash and I don't want bitcoin blamed for it!
I do not see a real reason why the price should not be capable to drop below 6k. Two days ago we were already very close to that number. I suppose a few bad articles more in the media and we would have crossed that line. Luckily the support at 6K was stable this time. But this does not mean that next time it will be the same.
Is it possible that Bitcoin falls lower than $6000!
Which is the level of 31 Oct 2017!
Which is the level of 31 Oct 2017!
Everything is possible on the market of crypto, but I think this time ( in the nearest several months) Bitcoin will not reach this bottom. The dip is behind already.
Is it possible that Bitcoin falls lower than $6000!
Which is the level of 31 Oct 2017!
Which is the level of 31 Oct 2017!
I know a guy, who uses even Tarot cards to learn the future price of Bitcoin. It does not help much, but he is going to do it again and again. Hopefully BTC will not fall so low, but no one can be sure of it.
There is such a possibility bitcoin is now experiencing very strong fluctuations in the price so I think it's difficult to predict how everything will turn out
I think it is really possible that bitcoin price will go down as low as 6000 USD.
Well nothing to worry about because I believe that it is only a chance for some to buy and buy as much as they afford. It is a discount chance and I, myself is taking the opportunity for this also!
Well nothing to worry about because I believe that it is only a chance for some to buy and buy as much as they afford. It is a discount chance and I, myself is taking the opportunity for this also!
What we can see now on the market is definitely a correction, with BTC on $8100.
And I think this correction will end with another positive trend right to 9000$.
And I think this correction will end with another positive trend right to 9000$.
Even though Bitcoin is now at $8,000++, I think that it can still pierce below $6,000 especially if the rally will not be sustained by buyers.
Those people who haven't bought at $6,000 will wish the same thing as you said. But it's enough and what's done is done and I don't think it will go below $6,000 again.I'm not that confident but when it comes to bitcoin pricing that is something that can't be seen for now. Bitcoin has been moving positively with the charts again together with altcoins.
Whales are buying now and Chinese traders are also buying now to show prosperity with their portfolio's with the upcoming new year.
Even though Bitcoin is now at $8,000++, I think that it can still pierce below $6,000 especially if the rally will not be sustained by buyers.
Nothing is impossible, bitcoin will continue to fall, may also be restored in March, but I know this is a good time to buy.
I think so, nothing is impossible in crypto world, but for sure it will rise again and return to a high price. That's right crypto world is in the red zone and this is the best time to buy bitcoin and other altcoins. 
Is it possible that Bitcoin falls lower than $6000!
Which is the level of 31 Oct 2017!
Which is the level of 31 Oct 2017!
I think not support will be around 6000-6500 usd mark. As of today, all of the token seems to be going up and green candles are showing up. $7400 is not bad after a slump down to $6000, by the end the month I expect it to see nearing 10k again.
+1
Is it possible that Bitcoin falls lower than $6000!
Which is the level of 31 Oct 2017!
Which is the level of 31 Oct 2017!
I think not support will be around 6000-6500 usd mark. As of today, all of the token seems to be going up and green candles are showing up. $7400 is not bad after a slump down to $6000, by the end the month I expect it to see nearing 10k again.
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