Bitcoin lower than $6000? Is it possible? - page 7.

btcrut2017

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Quote from: Thadeous on February 05, 2018, 09:02:55 PM

Is it possible that Bitcoin falls lower than $6000!
Which is the level of 31 Oct 2017!

Yeah i agree, bitcoin can go down lower than $6000 because of the FUD created by government crackdowns and regulations of cryptocurrency exchanges but i think $5K will be the lowest it will go and then it bounce back. Everything will be back to normal again once this turmoil is over.

ninche

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i will not wonder if btc goes below 1000

contraz

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Anything could happen, yet this is an interesting opportunity

Kasgel

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On coinmarketcap almost all currencies - 20% per day. It looks like the tulips are now tulips. Grin

putrisa

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Quote from: Thadeous on February 05, 2018, 09:02:55 PM

Is it possible that Bitcoin falls lower than $6000!
Which is the level of 31 Oct 2017!

this could happen if bitcoin is not of value and not received in a big country like India and others then all will sell their bitcoin and make the price down.

hot_ads

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It is very unlikely that the bitcoin will drop 6000usd, but it is also possible that if the bitcoin falls 6000usd, it is likely to reach 5000usd.

Apes

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Quote from: Thadeous on February 05, 2018, 09:02:55 PM

Is it possible that Bitcoin falls lower than $6000!
Which is the level of 31 Oct 2017!

It's enough for the price of 6K$ and it will not be lower than that..I think in different situations definitely the traders do not want to drop the price under 6K$.. If it falls away will be difficult for them to recover the price and this will not grow btc in the future..

Carlsen

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Quote from: Malaya on February 06, 2018, 02:17:22 AM

Quote from: Afnan_faizah on February 05, 2018, 09:49:57 PM

Quote from: Thadeous on February 05, 2018, 09:02:55 PM

Is it possible that Bitcoin falls lower than $6000!
Which is the level of 31 Oct 2017!

There is very big in digital asset investment. Yes, bitcoin price fall to below $6000 is possible but bitcoin price can rise to more than $50000 is also possible. Even experts can't predict the price of bitcoin precisely. Bitcoin adoption is still growing so bitcoin still has good future. I am sure about this.

Only proves that no one really knows what will be the price of bitcoin. But yeah, after a big dump, expect to have a big pump as well. So take every opportunity to have bitcoin. Anyways, it's not only bitcoin that's experiencing this. Hold on.

One big problem is that are no hard numbers as orientation points in the bitcoin world. Nobody can say how many users we have or how bitcoin is distributed amongst the population.
That is why everything that has to do with price building is a big guess. And that is as well the reason that ups and downs can become a much wilder ride than with stocks for example.
I think as well that 6K might not be the end of the road. At the moment I don't see anything that would stop the down trend.

Caesar-Giulius

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Buy, sell and store real cryptocurrencies

There is a possibility that Bitcoin will go lower than $6000 with all the fuds. Good time to buy Bitcoin cheap now.

Malaya

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Quote from: Afnan_faizah on February 05, 2018, 09:49:57 PM

Quote from: Thadeous on February 05, 2018, 09:02:55 PM

Is it possible that Bitcoin falls lower than $6000!
Which is the level of 31 Oct 2017!

There is very big in digital asset investment. Yes, bitcoin price fall to below $6000 is possible but bitcoin price can rise to more than $50000 is also possible. Even experts can't predict the price of bitcoin precisely. Bitcoin adoption is still growing so bitcoin still has good future. I am sure about this.

Only proves that no one really knows what will be the price of bitcoin. But yeah, after a big dump, expect to have a big pump as well. So take every opportunity to have bitcoin. Anyways, it's not only bitcoin that's experiencing this. Hold on.

mutrang23

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Quote from: Thadeous on February 05, 2018, 09:02:55 PM

Is it possible that Bitcoin falls lower than $6000!
Which is the level of 31 Oct 2017!

$ 6000 is still not the end of it. I think it will continue to go down until the end of February. The market will return in March when China New Year ends. If you are a perennial trader, you will find this is too normal when the first months of the new year the market goes down.

rajasumi3

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I think the last amount it will stick to is 5300$ according to me . The price has gone down due to news and banning and calling them illegal. People have got frightened and are selling out . But let me tell you , top analysts now are betting big on bitcoins and it would reach 40000$ by april or maybe may . Now it would be the best time to buy bitcoins.

Jian_Liux

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Activity: 430

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the possibility is always there, if bitcoin touches the number below $ 6000, then a great chance for us to buy bitcoin as much as possible. because I am sure the mid-2018 bitcoin will rise above $ 20000, it's time to wait and take a good chance to get a big profit in end of 2018

Janation

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Quote from: sadacoin on February 05, 2018, 10:05:58 PM

The price of bitcoin today has dropped to almost $ 6,000, and the trend in the cryptocurrency market is still declining. But I think not too panic, you can continue to hold, do not sell.

well it is like it will be dropping more than $6K. I do not know what is happening but all I know is that it will go up in time. I will still continue to hold and not sell it since I know that it will pump in time, we just need to wait.

Subkarnas

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It is possible that we will see 5k numbers very soon oe even lower. Many traders are pushing it down. All the small inverstors got crushed/swallowed by whales. Most of the players left in the game got into cryptos over a year ago.

FH Hussin

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Quote from: Marrionbitcoin on February 06, 2018, 02:00:29 AM

Quote from: Thadeous on February 05, 2018, 09:02:55 PM

Is it possible that Bitcoin falls lower than $6000!
Which is the level of 31 Oct 2017!

Yes, that is possible but don't worry about it because Bitcoin will rise up soon. Dropping of price only happens in a month so there's a probability that the price will increase in a month as well. So don't lose hope about the price but instead take this a opportunity to invest additional and then hold. There are speculations that Bitcoin will rise up too soon and will double the price as compared from last year so let's all believe and be patient to wait until Bitcoin will rise up again.

Agreed. Its just nearly below 6000 now. But it just the normal process of market price if you follow the chart flow of price by yearly since the last few years back. This is one of the way to make new people to bitcoin to learn more about trending of market pricing yet following the global issues which is giving impact to the trend. Enjoy!

MisterPrada

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Who are going to be the people that put forth the money to make BTC's valuation go back up? This crash has scared all of the people to death who jumped in over the last 6 months. I think it's going to be a very long road to get the value up again, if it ever does. No one is going to trust BTC for quite awhile.

webdevmastery

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Quote from: Thadeous on February 05, 2018, 09:02:55 PM

Is it possible that Bitcoin falls lower than $6000!
Which is the level of 31 Oct 2017!

Yes it is possible, bitcoin does really came from this value before and it is normal if it will go back lower than 6k dollar. I also believe that the reason for its decrease is the chinese new year, maybe there are a lot of chinese people who are selling bitcoins in the market and that what makes the price decrease since 30% of the markets contributor came from china.

chipzeru

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According to the chart movement and current situation, i think it will go lower than $6000. I had expected that there would be a big correction but i'm surprised it keeps dropping below $9k. I'm waiting for $1000 to buyback.

lienfaye

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Bitcoin is volatile so yes that is possible. I think the recent news circulating about the stance of the indian government regarding cryptocurrencies has something to do with the price plus the weak users continuously selling. I can comprehend with their thoughts on whats going on coz its not easy for new investors seeing the value to drop consistently. Just like what traders say HODL if you can endure the roller coaster ride. Those who wait can get big gains if btc bounce back.

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