Topic: BTC 'exhausted' at $6k - 'bottoming process' could sink crypto to $4k (Read 550 times)
July 02, 2018, 12:50:40 PM
Don't spread such fud. This will bring the price even more down. The price will not go that low I hope and soon it will bounce back to a good value. We just need to wait.
June 27, 2018, 11:11:57 AM
where do these people get this stuff from? 
"fighting back", "exhausted", "bottoming process",... it is as if the article is trying too hard to use words to scare people into thinking price is about to fall down hard
the funny thing is it is not even showing smallest signs of drop. if anything it is showing signs of rise. ever since this "hack" happened the price has gone up about $400!
"fighting back", "exhausted", "bottoming process",... it is as if the article is trying too hard to use words to scare people into thinking price is about to fall down hard
the funny thing is it is not even showing smallest signs of drop. if anything it is showing signs of rise. ever since this "hack" happened the price has gone up about $400!
Yeah it's nonsense. Just because it's stable at 6k now it mean's "exhausted" lol. It doesn't need to be constantly growing, it's just finding a bottom, $6k is looking good for a bottom, miners may not let it go below that after all, just look at the big green dildo candle we just had, there are BIG buys happening whenever we get $59xx again and we get propelled back up. If all these people in the sidelines don't hurry the fuck up then someone else will, and this can start a FOMO cycle, and don't let nobody tell you if it can or not reach ATH, nobody can know how high FOMO cycles in Bitcoin can get.
June 27, 2018, 10:13:18 AM
This news may share some investors out there. Many believes that the price will not get this low. Let’s see if the price really drops like this in future .
Well i've seen a lot saying the price will go around 3k so saying the bottom could be 4k is a little bit conservative. Too bad for the people who can't hold for a longer time. Be ready to see a more bloody market.
just because random people are saying random numbers as their "prediction" it doesn't mean it is a real "prediction". if i tell you 100 times every day with 100 different accounts that price is going to $100k will you believe it? then why are you believing the low price bullshit?
June 27, 2018, 09:50:03 AM
$4,000 seems abit low for me
$5,000 is kinda strong support level imo
Cost of producing a Bitcoin is way more than that if we drop to that extend
$5,000 is kinda strong support level imo
Cost of producing a Bitcoin is way more than that if we drop to that extend
June 27, 2018, 09:38:58 AM
where do these people get this stuff from?
"fighting back", "exhausted", "bottoming process",... it is as if the article is trying too hard to use words to scare people into thinking price is about to fall down hard
the funny thing is it is not even showing smallest signs of drop. if anything it is showing signs of rise. ever since this "hack" happened the price has gone up about $400!
"fighting back", "exhausted", "bottoming process",... it is as if the article is trying too hard to use words to scare people into thinking price is about to fall down hard
the funny thing is it is not even showing smallest signs of drop. if anything it is showing signs of rise. ever since this "hack" happened the price has gone up about $400!
It's mainstream media, it makes the read more dramatic hence more clicks I suppose. The article's got a point though, sub-$4k is pretty much reasonable at our current trend.
June 27, 2018, 08:40:12 AM
This news may share some investors out there. Many believes that the price will not get this low. Let’s see if the price really drops like this in future .
Well i've seen a lot saying the price will go around 3k so saying the bottom could be 4k is a little bit conservative. Too bad for the people who can't hold for a longer time. Be ready to see a more bloody market.
June 24, 2018, 03:19:41 PM
whoa, that's a nice fat green candle off the bottom! something like an 8% move on this one 4-h candle.
i'm not convinced yet that a true reversal has happened; this could just be a short squeeze. but it's certainly time to watch the charts closely and see if bulls are really winning the battle for $6k.
at least we saw sentiment get really bad, with most people expecting $3k-$5k or worse. that's a good sign that it was a real bottom.
i'm not convinced yet that a true reversal has happened; this could just be a short squeeze. but it's certainly time to watch the charts closely and see if bulls are really winning the battle for $6k.
at least we saw sentiment get really bad, with most people expecting $3k-$5k or worse. that's a good sign that it was a real bottom.
June 24, 2018, 02:57:43 PM
This news may share some investors out there. Many believes that the price will not get this low. Let’s see if the price really drops like this in future .
June 24, 2018, 11:45:11 AM
The cryptocurrencies market is OK just that bitcoin get too pump last year that it has to makes this great corrections before next move. I believe that new investors are coming into the market and bitcoin is getting into the hands of wises investors now like never before and that is a sign that bitcoin is going to recover with speed.
June 24, 2018, 06:22:11 AM
Bitcoin price LIVE: BTC 'exhausted' at $6k - 'bottoming process' could sink crypto to $4k
BITCOIN is fighting back after news of yet another hack on an exchange in South Korea sent crypto prices tumbling this week. However, one expert has warned that bitcoin's “bottoming process” has began and prices could soon sink down to '$4,500'.
Details:
https://cryptomonster.net/news/bitcoin-price-live-btc-exhausted-at-6k-bottoming-process-could-sink-crypto-to-4k-express.co.uk/index.html
BITCOIN is fighting back after news of yet another hack on an exchange in South Korea sent crypto prices tumbling this week. However, one expert has warned that bitcoin's “bottoming process” has began and prices could soon sink down to '$4,500'.
Details:
https://cryptomonster.net/news/bitcoin-price-live-btc-exhausted-at-6k-bottoming-process-could-sink-crypto-to-4k-express.co.uk/index.html
I don't really understand it so i read the news to make it clear to me.
The words that you used make its complicated. Well i go with the topic, Bitcoin is having a lower lows and moving down. Expect a fluctuations for a moment a days or weeks it will not go down straight up to $4k because it was exhausted.
Major fluctuations and sideways can be observe after this 5,800 is holding the support. Wait and see if we are more getting to that lows for this July from my Technical analysis.
June 24, 2018, 05:50:05 AM
What a worse news mate thanks for sharing. By the ways i don't believe and trust on any negative news about the circumstances of the market especially on this kind of predictions since fuds emerged here in crypto , but as of now I'm not feeling well because the bottom price is already broke, and right now I'm really scared on this fluctuation which i have doubts now it will constantly sink ,
June 24, 2018, 05:44:27 AM
To all who thought that Bitcoin would not drop below $6000 : today is your reality wake up call.
Finding a bottom at $6000 or even $3000 below that level isn't that much of a big deal imo.
We dropped already about 70% and the overwhelming majority of new people who entered the space last year is already out again.
Now it is all about buying and having patience.
I buy now. I will buy at 5k, 4k and 3k.
Selling now makes no sense at all. If you can not handle the actual pain, you absolutely don't deserve the next x15 gains.
Simple is that.
Not my first bear market and probably not my last one.
June 24, 2018, 05:28:20 AM
From my perspective i think it is not the near of $6k it may be near of $7k. Now wait and see what will happen in the next some days.
June 23, 2018, 09:26:18 PM
everyone who is vested in BTC is hoping for the price to recover.
well, let hope..
well, let hope..
June 23, 2018, 09:24:40 PM
Bitcoin price LIVE: BTC 'exhausted' at $6k - 'bottoming process' could sink crypto to $4k
BITCOIN is fighting back after news of yet another hack on an exchange in South Korea sent crypto prices tumbling this week. However, one expert has warned that bitcoin's “bottoming process” has began and prices could soon sink down to '$4,500'.
Details:
https://cryptomonster.net/news/bitcoin-price-live-btc-exhausted-at-6k-bottoming-process-could-sink-crypto-to-4k-express.co.uk/index.html
It is really hard to believe that bitcoin fall big this year more than 2/3 of its high ($19k+ to $6k+ right now). But it will not go down further more and i guess it will not gown for $4k. Maybe after hitting $5k this quarter then it will start to go upward. BITCOIN is fighting back after news of yet another hack on an exchange in South Korea sent crypto prices tumbling this week. However, one expert has warned that bitcoin's “bottoming process” has began and prices could soon sink down to '$4,500'.
Details:
https://cryptomonster.net/news/bitcoin-price-live-btc-exhausted-at-6k-bottoming-process-could-sink-crypto-to-4k-express.co.uk/index.html
June 23, 2018, 06:54:20 PM
Everything is possible right now dude, that FUD news has a big chance that will happen if the crowd will take that, but as what I've said to my other post, everytime that bitcoin will drop its price DON'T TAKE IT AS AN CRYPTO DISASTER, LOOK AT IT AS AN OPPORTUNITY TO ACCUMULATE OR TO BUY MORE.
my opinion only
.
my opinion only
. June 23, 2018, 06:30:16 PM
Basically BTC is the one of the best crypto currency in the market also this crypto currency may lead the future world also this have good future value yes I appreciate that because of this reasons the price of btc get low but it doesn’t mean that it will hit 4k but it will increase soon.
June 23, 2018, 09:25:04 AM
I don’t agree with you mainly because of this perspective we all know btc is the best crypto currency also father of all crypto currency based on this you should not think like this yeah there are some problems but it’s not mean that it will be 4k $ as far I know it will be double after few days later.
June 22, 2018, 05:55:39 PM
despite what certain people wish, the chances of price going lower than $6k is extremely small at this point. we have already tested breaking that resistance multiple times and once in the past during the peak of the panic sells we even saw $5900 but it did not last more than an hour.
Repeatedly testing a level usually means it will break. It means those defending the level are weak. This is true in both directions. (One notable exception is the $200 area in 2015)
What would you consider an "extremely small" chance? I'd say there's a higher than 50% chance by now. Ignoring everything else, we're in an established downtrend and there's no sign it's ending. Why bet against that?
That said, I'm talking about the bigger picture. $6,000 is the "last stand" for bulls; they should form a local bottom here. I'm just not confident it will hold.
June 22, 2018, 05:54:18 PM
To all who thought that Bitcoin would not drop below $6000 : today is your reality wake up call.
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