I don't think it could drop more and hit $4k maybe around $5k and I think the reason behind of the price decrease it's because of bithumb issue, but there is a good news about MT.Gox issue and I think no more dumping will happen so expect that the price could recover fast after the price drop below $6k.
Just remember what happened year by year the price is increasing every mid-year and 4 quarter of the year so expect for a bit drop then the price will recover to hit back the $7k above.
This is the time to see more good news these coming months that can push the price back higher than what we expected.
Topic: BTC 'exhausted' at $6k - 'bottoming process' could sink crypto to $4k - page 2. (Read 550 times)
June 22, 2018, 05:43:08 PM
June 22, 2018, 05:17:29 PM
I don't think the price will go below 6k. The same thing happened a month ago that the price went too low.Then again, it started increasing. The price will keep on fluctuating. There's no need to worry about that.
June 22, 2018, 03:05:33 PM
As we know the whole system of the cryptocurrency world is decentralized so the price of bitcoin is always changing. It's not a very big deal if the price of bitcoin falls, rather it will rise up somehow very soon.
June 22, 2018, 02:23:41 PM
I don't agree that crypto may sink to 4k. The price won't go below 6k and these has happened before and the price increased further. So, don't panic. The price will be increased very soon.
June 22, 2018, 10:46:29 AM
From where you get such fake news. The price is still above $6.5k and it will not go much deeper hopefully. Soon it will start to increase and we will be able to see good days again.
June 22, 2018, 03:02:07 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'.
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'.
this article is talking about bitcoin as if bitcoin was a zombie that needs some ritual to resuscitate and to return to breathe. This is because there are so many news channels that are focusing on the price of bitcoin that even I see many people getting paranoid and very anxious to reverse this bearish trend. unfortunately I doubt the year will end with the price is more than $ 10,000. This is because I do not see so many great news capable of creating a lot of demand... we have had so many bad news and the price has fallen every month that has already become something normal
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!
they are pushing hard for the price to fall, because they believe that when the price falls a lot that comes next is a big increase
June 22, 2018, 01:07:27 AM
If the bitcoin price drops for the 4k price I think that's good for me, and I'll wait for the price to buy some bitcoins I want to have.
June 21, 2018, 11:13:10 PM
I don't think bitcoin will reach 4K, and I'm still at the bottom of it.
Since most people are starting to feel desperate, it's a positive sign.
Since most people are starting to feel desperate, it's a positive sign.
June 21, 2018, 10:42:16 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.
additionally with the recent $30 million exchange hack and the fact that price did not move at all proves that market is not ready for a drop anymore. i presume there is a serious accumulation going on which is buying bitcoin these days.
additionally with the recent $30 million exchange hack and the fact that price did not move at all proves that market is not ready for a drop anymore. i presume there is a serious accumulation going on which is buying bitcoin these days.
June 21, 2018, 01:13:11 PM
Bitcoin is really a wait and win game, those who cant wait long enough will fail. We will see real numbers in two to four years. I expect 50k by 2022, per bitcoin
June 21, 2018, 12:34:31 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
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
If it falls like it did after Nov 2013 boom, then ~$4500 is the right call, actually a few 100 lower, then ~4 years before the next boom.
June 21, 2018, 11:02:06 AM
I have heard this several times from last February . But it hasn't gone there. Even it hit nearly $10K last month. So I don't think that it will sink that low. It has a loyal demand in the market. And the demand will hold its value. But if the mining cost drop by four to five times, price can only then decrease, I think.
June 21, 2018, 11:00:14 AM
the "bottom" has been tested dozens of times since october.. and $6k seems to be the flatline..
theres been loads of social drama, theres been hacks, theres been fiat finance guru insults theres been many things. but the price has not gone below $6k
by now anyone willing to sell below $6k would have done so already. and those those weak hand selling near $6k have passed thier coins on and the new holders are not gonna sell for less.. aswell as the cost of mining with the hashrate rises since october holding up a healthy underlying value wont sell for les either, otherwise they too would have done so at the many many oppertunities since october.
$6k is appearing to be the bottomline of value.
ignore the $20k peak that only 1% of the community actively were involved in and only lasted a few minutes. dont stand at $20k as if its 'value'/standard/normal/stable to then look down wondering how deep things are.
instead stand at the bottomline value of this year $6k and look up.
theres been loads of social drama, theres been hacks, theres been fiat finance guru insults theres been many things. but the price has not gone below $6k
by now anyone willing to sell below $6k would have done so already. and those those weak hand selling near $6k have passed thier coins on and the new holders are not gonna sell for less.. aswell as the cost of mining with the hashrate rises since october holding up a healthy underlying value wont sell for les either, otherwise they too would have done so at the many many oppertunities since october.
$6k is appearing to be the bottomline of value.
ignore the $20k peak that only 1% of the community actively were involved in and only lasted a few minutes. dont stand at $20k as if its 'value'/standard/normal/stable to then look down wondering how deep things are.
instead stand at the bottomline value of this year $6k and look up.
June 21, 2018, 10:52:44 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!
Sometimes I wonder how someone would invest his time on something that is not true and still wonder how someone would then spend his own time searching all over the internet for news then bring to the forum the question I usually ask when that happens, to what end. I believe its either to cause panic or to no value sake but unfortunately, aside from the newbies who moved by news like this, its simply just like one the news to most people in the forum and they are not moved by it.
June 21, 2018, 10:50:39 AM
I do not think bitcoin "bottoming out" will arrive at 4K. Now bitcoin prices are close to mining costs. I think the market will slowly increase after correction.
June 21, 2018, 10:25:56 AM
Personally i think Bitcoin would not even go at that mark. there are chances but very low. we've reached the dip for the market expected bounce back in September-December range back to 20k Usd mark. Hopefully.
June 21, 2018, 10:24:02 AM
BITCOIN is fighting back after news of yet another hack on an exchange in South Korea sent crypto prices tumbling this week.
Wait, how exactly is Bitcoin fighting back a tumble after the recent Bithumb hack? The price barely moved lmao.
i think it is a copy paste issue.
the website is obviously one of those shitty sites that some newbie created to make money from, so it is just copying random things from the internet, changing some words and posting it as news.
and this thing about "struggling and falling" started 2 days ago as the hack news came out. someone was trying to spread FUD in hopes that price falls but failed. but now the shitty clickbait sites are just copying it around
June 21, 2018, 09:12:18 AM
That's big and deep words being used on bitcoin lol. It's been almost a day since the hack was done and so far, there are no major movements toward the negative side of the spectrum, so how would that be a struggle and how would BTC be exhausted at a price range it's been sitting at for nearly 2 weeks? Such reports were also made in February where BTC could face tremendous losses and sink down to $2.5k yet nothing happened, and $5900+ was the bottom of the pit and a rebound to $9.7k happened afterwards. Honestly though, fear-mongering and FUDding won't do too much damage right now as most people are now smart enough to not be swept away by emotions and negative news.
June 21, 2018, 09:03:45 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
The price is at $6732. The hacks are only an issue if you think coins are going to be dumped on the market. However it appears most of the coins stolen are alts not bitcoin.
June 21, 2018, 08:54:27 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
Many experts say Bitcoin's production costs 6K, so I think he will not fall below this amount for a long time. 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
Jump to: