There is one major support around 7000. If BTC clearly breaks this level, we might see Bitcoin in the 5k area again.
But there is also a chance that it bounce which should lead into an uptrend to break 10k.
Next week will give directions. It‘s 50:50 imho.
Topic: BTC back to $6000 ? - page 25. (Read 4007 times)
It is likely that soon we will see a picture where BTC will cost 5k$. For half a year, the market is in a recession.
Going the price to $6k will be a best entry price for those people who wants to join in crypto as they can buy more at cheaper price and gain big profits once the price bounce back at $8k. I will not hesitate to buy more if that happens. 
if this happens ill sell all my belongins and buy it hahaha
Exactly! It looks like it's heading in that direction. I'll be we see 6500 before a turn around.
this week has caused a lot of problems for me. it would be a very bad sign if bitcoin will fell below 6k$.
If you are a long term holder then you are not alone, we share the same pain for this weeks.But you don't have to get upset just because we are seeing the corrections for this moment. There's still room for increase for bitcoin, we have to take the advance way of trading just like what the experts are doing.
And that advancing strategy isn't so hard, buy during these painful weeks. As the real cause of this bloody weeks I guess was due to the hacks.
if this happens ill sell all my belongins and buy it hahaha
Going by some traders I follow, this latest selloff is most likely due to CME Bitcoin Futures expiry this week. Already looks like the selloff is over mostly. Bitcoin will be bullish again once it is back over $10000 maybe sometime next month.
I always hope that Bitcoin will not go so low. The minimum was reached already, and I do not think that we have to worry about its next fall. I am waiting for 10 thousand in the nearest 2 months, and probably, 15-20K close to the winter.
Going by some traders I follow, this latest selloff is most likely due to CME Bitcoin Futures expiry this week. Already looks like the selloff is over mostly. Bitcoin will be bullish again once it is back over $10000 maybe sometime next month.
I always hope that Bitcoin will not go so low. The minimum was reached already, and I do not think that we have to worry about its next fall. I am waiting for 10 thousand in the nearest 2 months, and probably, 15-20K close to the winter.
Almost lost $1000 today in values in last two days. Just heard the bull has just entered. What's really causing this impact? The price was bit fluctuating between $8500 to $7500 for past ten days but today's impact brought down the value near $7500. Are we towards $6000?
I am also losing a lot., while this is normal in the cryptomarket, its better to hold on our portfolio, maybe its time to participate to other good performing coins, like CS or any other altcoins. To tell you guys, im holding for more than 6 months of bitcoin and in fact, im losing a lot, but i dont have any fear at all, because im saving it for future use, maybe in 2020 the cost of bitcoin will hit 20k usd, and it could a bless a to me, and i foresee that bitcoins will do better in the next coming years.
this week has caused a lot of problems for me. it would be a very bad sign if bitcoin will fell below 6k$.
If we see bitcoin at the price of 6000 dollars, it will be a disaster, as the most important walls will be broken.
Don't be afraid mate, the panic sellers might break the walls but our courage will never be broken. If there's a possibility that $7000 price to decrease down until $6000 we must not panic, because the bull run soon will happen but we could not say the accurate predictions of when is the exact day. It'll remain a big surprise for us, and the better ways to do is hold on and be strong.
I think so, and he will rise even higher than you think. Therefore, investing in it now would be a very reasonable solution at the moment. And soon you will realize that it is not in vain.
If we see bitcoin at the price of 6000 dollars, it will be a disaster, as the most important walls will be broken.
Don't be afraid mate, the panic sellers might break the walls but our courage will never be broken. If there's a possibility that $7000 price to decrease down until $6000 we must not panic, because the bull run soon will happen but we could not say the accurate predictions of when is the exact day. It'll remain a big surprise for us, and the better ways to do is hold on and be strong.
I do not think Bitcoin can go down to $ 6,000 levels when we think of the world average average mining costs. Especially at 7k level there is a serious resistance. Miners who have made this business profession can not see neither whalers nor other investors falling under this level because they will suffer if there is an excessive decrease.
can mtgox achieve peace? it shouldn't be that hard. the absence of separatists in the crypto world makes us stronger.
6000 dollar level serious support. in volume, $ 300 billion is the same.
6000 dollar level serious support. in volume, $ 300 billion is the same.
It's always interesting and complicated with BTC action. Some volume might we fake (wash trading) . Now the sentiment is pretty bearish, people are waiting it at 6k or even 3k. Why MM would not pump it before? Most people are loosing money by trading, aren't they?
I think bitcoin will be retest support at $7000 again if in the case it can be reach in will be breakdown until $6000,this worst case but with this price i think this time to buy btc and then sell at high price. But i hope btc can bounce back and the go back to $9000 - $10000
Almost lost $1000 today in values in last two days. Just heard the bull has just entered. What's really causing this impact? The price was bit fluctuating between $8500 to $7500 for past ten days but today's impact brought down the value near $7500. Are we towards $6000?
This is going to happen and I hope that this will be the last drop.We have to find the bottom and then we could go up!
Expect the price to drop on $6k level again but don't be scared. Its a cheap price again buy more and the future is still good with bitcoin. Though its sad to see your portfolio on red again but don't lose your hope bitcoin can survive on this trial and I think you should be ready for more dumps in the coming years this is just the beginning.
Almost lost $1000 today in values in last two days. Just heard the bull has just entered. What's really causing this impact? The price was bit fluctuating between $8500 to $7500 for past ten days but today's impact brought down the value near $7500. Are we towards $6000?
This is going to happen and I hope that this will be the last drop.We have to find the bottom and then we could go up!
I recall reading that mt gox is doing OTC trading so it shouldn't affect the price unless the person they are selling to decide to do a mega dump on the exchanges. Hopefully the buyer is going to hodl for larger gains, these prices are too low compared with the ATH
If we see bitcoin at the price of 6000 dollars, it will be a disaster, as the most important walls will be broken.
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