Bitcoin price drop, guys who say? | Bitcointalksearch.org

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Quote from: Nerman on June 22, 2018, 11:57:59 PM

I think we will not reach that. The best support that we have is $6,000 and until now it is holding its ground. People know that it is a good buy when it reaches that level. Now as I post this prices is now climbing and it seems that we will now bounce up, I am not saying that it will go now to the moon but I think we will go back up.

Unless something changes the movement of the market pretty fast and the bulls kick in pretty fast, this is very possible.

Yeah, it is a good buy at this stage, but there is still the possibility of going a bit down and I would not even be surprised if it goes as low as $5000 in this short term before picking up for an uptrend as that region do have some psychological support in a way and tallies with some technical regions on the chart. Let's see the way the market will develop in coming days anyway.

Morgann

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Quote from: DIGNIDAD on June 22, 2018, 06:42:23 PM

Bitcoin price drop, guys who say?

Next support should be expected between 5500-5400

Bitcoins or market prices are all unpredictable so we could not say if the price will drop even more because there is a huge chance that the price of cryptocurrency might pump up again anytime.

Ararbermas

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Quote from: DIGNIDAD on June 22, 2018, 06:42:23 PM

Bitcoin price drop, guys who say?

Next support should be expected between 5500-5400

as of now the price is gaining strength on 6k value since it fluctuate down 5k last few days, and that expected next support value is impossible to touch down again in my view on this circumstance, because market nowadays is showing green which is a potential to increase gradually.

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Quote from: DIGNIDAD on June 22, 2018, 06:42:23 PM

Bitcoin price drop, guys who say?

Next support should be expected between 5500-5400

The price definitely isn't going lower than 6k, it bounced back pretty decently thus it is probably gonna keep on going up from now on. However, I wouldn't expect anything higher than 10k by 2019

BitHodler

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Quote from: snipie on June 27, 2018, 05:23:01 PM

No i do not think that this will happens, $6000 is already low for bitcoin and it is underestimated Undecided

this sad period should come to an end soon as people will start buying more hopefully Grin

$10,000 was low, then $9000, then $8000, then $7000, and now $6000.

This market proves that all levels we visit aren't low but actually on the higher side. $2000 is low, $3000 as well, not current levels. I wouldn't discard another dump potentially testing lower $5000s in the coming weeks.

My insurance is that I have enough fiat that I can use to buy big if we ever happen to tank way below current levels. Patience is all that matters in current market, and if you're lucky you'll be able to buy coins far cheaper soon.

I am ready for whatever happens. If the price tanks I'm good, and if the price pumps I'm good as well. I always make sure I don't limit myself to take advantage of just one direction. Both directions are profitable for me.

snipie

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Quote from: DIGNIDAD on June 22, 2018, 06:42:23 PM

Bitcoin price drop, guys who say?
Next support should be expected between 5500-5400

No i do not think that this will happens, $6000 is already low for bitcoin and it is underestimated Undecided

this sad period should come to an end soon as people will start buying more hopefully Grin

XCANA

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Quote from: DIGNIDAD on June 22, 2018, 06:42:23 PM

Bitcoin price drop, guys who say?

Next support should be expected between 5500-5400

About some month back experts prediction was that Bitcoin market value will depreciate significantly down to $4,000 before any serious positive move towards $10,000 which i am one of the believer of this prediction.

timerland

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There could be a short term rally that may occur this month or in the next. However, I don't see this as the bottom yet. We're still in a market with an extremely bearish sentiment, and the bear market has not gone on for enough time for us to consider it completely over (look at 2013's bear market which took 3 years to fully recover to ATH).

So I do believe that there will be further corrections with the price.

$4500-5000 could be the floor, it could be lower, could be higher. Nobody knows. But that range imo should be close to the bottom of the bear market based on historical data showing that BTC usually loses 75-85% of its peak value during a bear market.

Visbay

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Quote from: hacekd on June 22, 2018, 11:11:40 PM

Quote from: Ziskinberg on June 22, 2018, 08:52:30 PM

Quote from: kofibee12 on June 22, 2018, 06:51:45 PM

Bitcoin is declining to 4000 as predicted by analyst last month. I think it is now showing it true price than the pump that took place last year latter part.

There's a lot of analyst and they have different prediction, $4,000 is already very cheap, I don't know if the total marketcap that time
would be less that 100 billion dollars, and if we drop like that, I think we are heading to go down.
The manipulation is really here for sure, once they are done with filling their bags, we will see again a good rise and I don't believe the entire year will full of dump.

we should still wait there are some things that make the price now falling from last week it does not matter while there is little capital try to add some more btc in your wallet to remove it when the price goes up.

Yeah there are something which is making the price of bitcoin a little down, don’t think too much about it, it is just a temporary fall, soon the price of bitcoin will overcome all crises and we will see bitcoin at the top for high price and a lot of investors to support it, bitcoin is number one currency for all of us, nothing can make it lose the value and potential.

denisaardelean

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Quote from: DIGNIDAD on June 22, 2018, 06:42:23 PM

Bitcoin price drop, guys who say?

Next support should be expected between 5500-5400

Yes, I believe bitcoin will probably reach $ 5400 in the coming days, as you can see that the market is bearish in the long run, so bitcoins will probably continue to fall. After touching the $ 6000 level and now has recovered to $ 6100, I believe that at this point you should not buy bitcoin but wait for the next bitcoin price to make a trading decision.

Nerman

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I think we will not reach that. The best support that we have is $6,000 and until now it is holding its ground. People know that it is a good buy when it reaches that level. Now as I post this prices is now climbing and it seems that we will now bounce up, I am not saying that it will go now to the moon but I think we will go back up.

apityeh71

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Technical analysis really dont work in crypto trading, i bought in the bottom but now the price continue drop more because bad news. I think no body know which price is support level of Bitcoin. Bad news is really hard to predict when that happen.

The Sceptical Chymist

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Quote from: kofibee12 on June 22, 2018, 06:51:45 PM

Bitcoin is declining to 4000 as predicted by analyst last month.

That's a bunch of bullshit. Show me an analyst who predicted at the beginning of this year that we'd be at $6100 on 6/23/18 and then I'll listen. Otherwise, as far as I'm concerned, all analysts do is take a one-week trend and extrapolate as far ahead as they can possibly go. There's no thinking involved and it doesn't help anyone.

As for OP here, learn English or post in your local board. Your grammar makes no sense and what he wrote here is a shitpost.

shashikamal

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It shows a downtrend means there is a uptrend. We cannot predict the time but seems soon. will be around $5000. Though BTC declines it has many good news. Hedge funds are floating. Popularity increases. Facts are there but yet to be strong enough & crypto currency should be adopted widely as i feel. Moves shows that by the end of this year we can expect a very good gain as marker recovers. Be patients as downtrend starts, there must be an uptrend. Cryptography is phenomenal innovation so we should have the analytical measures to take these moves as positives & believe on BTC.

TA predictions are always not shows the moves of BTC but sometimes does. Find some fundamental facts of cryptography & crypto currency. You will not be confused by any market movements & can trade well.

Pamadar

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Quote from: Ziskinberg on June 22, 2018, 08:52:30 PM

Quote from: kofibee12 on June 22, 2018, 06:51:45 PM

Bitcoin is declining to 4000 as predicted by analyst last month. I think it is now showing it true price than the pump that took place last year latter part.

There's a lot of analyst and they have different prediction, $4,000 is already very cheap, I don't know if the total marketcap that time
would be less that 100 billion dollars, and if we drop like that, I think we are heading to go down.
The manipulation is really here for sure, once they are done with filling their bags, we will see again a good rise and I don't believe the entire year will full of dump.

We can't deny that fact, those big whales are now playing and they are enjoying what they are seeing with how the people around crypto are doing right now, panic selling are coming left in right from all the exchange, together with news about hacking and banning we are really been beaten by our emotions, hope things will be bright again and this whales will now begin to play high, pumping can be easy for them now as they hold more coins and can bring those few lefts inside their bags as well.

hacekd

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Quote from: Ziskinberg on June 22, 2018, 08:52:30 PM

Quote from: kofibee12 on June 22, 2018, 06:51:45 PM

Bitcoin is declining to 4000 as predicted by analyst last month. I think it is now showing it true price than the pump that took place last year latter part.

There's a lot of analyst and they have different prediction, $4,000 is already very cheap, I don't know if the total marketcap that time
would be less that 100 billion dollars, and if we drop like that, I think we are heading to go down.
The manipulation is really here for sure, once they are done with filling their bags, we will see again a good rise and I don't believe the entire year will full of dump.

we should still wait there are some things that make the price now falling from last week it does not matter while there is little capital try to add some more btc in your wallet to remove it when the price goes up.

mostcrack

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the decline still has the potential to come back down, where many people panic about the recent decline, the pump for the current price will not be strong, because there are so many sales and wait until the price is considered cheaper, so if want to invest more actively want to wait meanwhile, the bearish market is still going on now with a gradual decline, with a fairly expensive price people will not take the risk to buy it.

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Quote from: luckycoinn on June 22, 2018, 09:16:36 PM

I agree with you. Everyone has their own analytic and prediction. And you know what will happened when the price is too low for this entire year. Bitcoin has been drop so far. I'm really sure, big pump is gonna happen soon

Even the market continues to drop, I will still buy because in the future the value will be much higher and of course it will still dump. We all have different analysis about this market and we should not depend it in any negative news, people are panicking because they are not confident about their decision, I feel sorry for them because their mind can easily corrupt by the greedy one.

crzy

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Quote from: rangnatht on June 22, 2018, 08:26:05 PM

Don't know what's going with bitcoin, it's keep going down but I am preety sure that price is recover soon. The main reason of price is keep down because some negative news in the market. In India the largest Bitcoin crypto exchange zibpay giving the bulk email to all their customers that if RBI will not change their announcements so we could stop deposit and withdrawal transactions. After this news people selling their Bitcoin at low price.. So this is just a example. So I think once good news coming Bitcoin automatically cover their price. This time Bitcoin have a great discount. Let's see what Happen in the next few days. It's really interesting to watch...

At no specific time, bitcoin will recover and those who sold at loss will invest again. Negative news hurts the market, because people are panicking for the news that is not true. Another discounted price for us but if you still doubt with bitcoin better not to invest because you might be one of those who will sold their bitcoin even at a loss, such a wrong move.

luckycoinn

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Quote from: Ziskinberg on June 22, 2018, 08:52:30 PM

Quote from: kofibee12 on June 22, 2018, 06:51:45 PM

Bitcoin is declining to 4000 as predicted by analyst last month. I think it is now showing it true price than the pump that took place last year latter part.

There's a lot of analyst and they have different prediction, $4,000 is already very cheap, I don't know if the total marketcap that time
would be less that 100 billion dollars, and if we drop like that, I think we are heading to go down.
The manipulation is really here for sure, once they are done with filling their bags, we will see again a good rise and I don't believe the entire year will full of dump.

I agree with you. Everyone has their own analytic and prediction. And you know what will happened when the price is too low for this entire year. Bitcoin has been drop so far. I'm really sure, big pump is gonna happen soon

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