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Topic: BTC next stop is 5K$ (Read 438 times)

member
Activity: 162
Merit: 10
July 20, 2018, 08:49:38 AM
#67
Although I'm not very comfortable with the fact that the BTC has fallen to $5,000 again, it's quite possible that things are going that way and hopefully the BTC will hold up at $7,000.
hero member
Activity: 2744
Merit: 541
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July 20, 2018, 07:30:44 AM
#66
It will stop at 4k and reverse. I guess/hope.
Lol four in your dreams stop this dude because today is a great day sitting at $7,460 and still slowly growing all your negative thoughts wasnt happening this days and will never happen till this year ends.

No stopping at below $6,000 and bull are just in the corner waiting for the run.

If you both want to profit?then buy bitcoin now before its too late
member
Activity: 322
Merit: 43
July 20, 2018, 06:00:49 AM
#65
This downtrend is a normal thing in summertime. Price is dropping but nothing big in my opinion, nice drop for people who wish to buy more under 6k dollars. What ever is the reason behind this drop people should use this good opportunity for buying. Price usually starts to rise in August, people should wait for that time before making any trading decisions.
I hoped that 6k is new bottom, but price continued with declining. If next stop is 5k and if that be the new bottom than it would be great, for all of us for such high new bottom and unique opportunity for all of us to buy in that bottom and earn maximal profit at next top.
It is possible but not sure because the market today on 26 June is green and the price increased about $100. It holds $6000 for long time, it means that now it is the time for pump in the price and there will be no more dip in the coming days. So be optimistic about the future and don’t be panic about the current situation. It is for the time being.


Usually the dip happens in December or January, I think it has been the case in the five previous years.
sr. member
Activity: 672
Merit: 250
July 20, 2018, 03:36:15 AM
#64
This downtrend is a normal thing in summertime. Price is dropping but nothing big in my opinion, nice drop for people who wish to buy more under 6k dollars. What ever is the reason behind this drop people should use this good opportunity for buying. Price usually starts to rise in August, people should wait for that time before making any trading decisions.
I hoped that 6k is new bottom, but price continued with declining. If next stop is 5k and if that be the new bottom than it would be great, for all of us for such high new bottom and unique opportunity for all of us to buy in that bottom and earn maximal profit at next top.
It is possible but not sure because the market today on 26 June is green and the price increased about $100. It holds $6000 for long time, it means that now it is the time for pump in the price and there will be no more dip in the coming days. So be optimistic about the future and don’t be panic about the current situation. It is for the time being.
newbie
Activity: 141
Merit: 0
July 04, 2018, 01:17:05 AM
#63
Overall, the mood is rather limp and long-term trend is quite clearly downward. Bitcoin is going through a rather difficult period. The holiday season is a period of increased spending, which could play a relatively important role in cryptocurrencies.
Another reason could be the expiration of the bitcoin futures contracts on CBOE. Follows hacker attacks on stock exchanges and regulations. All of these reasons undermine the credibility of the entire sector, and this reduces the interest of investors.
Value of the Bitcoin reached to 5.8k dollar few days ago, the lowest price recorded this year. But on the next day the price improved a little to 6.1k dollar and this improvement if continues then the price will follow the increase trend. This increase trend will lead us to a high market so wait for the real time and hold your investment till the end. Do not think that the market will not recover; it will be recovering as we have seen its recoveries many times in the past.
full member
Activity: 546
Merit: 100
July 02, 2018, 02:45:52 AM
#62
Bitcoin has a special trait. Whenever people expect a more decrease in price after another, it opposes that prediction and go up. When people are convinced it's going to go straight ahead to the worst bottom, it  get backed up to a fine price or where it was previously. 
legendary
Activity: 2170
Merit: 1427
July 02, 2018, 02:42:11 AM
#61
You failed! bitcoin bounced around 5800 and now trading around 6300usd.
So next stop will be over 8000 usd in this month and will more following days.

Technically OP hasn't failed at all. Just because Bitcoin confidently went up over $6000 for now doesn't mean we won't be going back lower.

The thing is that without a bullish trigger the price won't be going up high enough to reverse the trend, and as long as we don't see a change in the trend, we can still go far lower than current levels. It might be a time consuming process, but it's not easy say anything of value in a market that's solely controlled by whales and bots right now. The retail influence consistently has become less of a thing with how depressed they are. They can only wait and hope for the price to go back up.

If you are so sure of $8000 then long Bitcoin with 5-10x leverage.
ask
legendary
Activity: 1386
Merit: 1004
July 02, 2018, 02:21:40 AM
#60
You failed! bitcoin bounced around 5800 and now trading around 6300usd.
So next stop will be over 8000 usd in this month and will more following days.
legendary
Activity: 2968
Merit: 3684
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July 02, 2018, 02:10:17 AM
#59
The price has really touched the 5k earlier this week. Current growth is really bad and this is the right time to buy more coins. So invest as much as one can and gather more coins. I just went through coinmarketcap.com. Every coin including top listed coins are really cheap and worth buying. The profit is for sure down the line in December 2018.

Not sure which chart you were looking at, but it broke the $6k support sure, but wasn't really near $5k at all. Even then, it bumped quickly back up above $6k where it's been for two/three days now. Again, not saying it won't touch that 5k - I personally am ready for lows that will test and break $4k, but realistically even $5.5k would be the real struggle for the bears over the next couple of months.

Can't argue that most coins look like good value buys right now, when compared to ATHs, assuming that they will again reach them when Bitcoin rallies. But I'm really not sure alts, save the few with use, can really pull the same weight again and again.
full member
Activity: 1344
Merit: 102
July 02, 2018, 01:53:35 AM
#58
Maybe people have lost their interest in bitcoin that's why bitcoin go down, but I'm glad that it's stop at $5k this is the sign that some investors believe that bitcoin will increase this year so I hope no more dump again and believe the potential of bitcoin.
sr. member
Activity: 1638
Merit: 278
July 02, 2018, 12:57:50 AM
#57
This downtrend is a normal thing in summertime. Price is dropping but nothing big in my opinion, nice drop for people who wish to buy more under 6k dollars. What ever is the reason behind this drop people should use this good opportunity for buying. Price usually starts to rise in August, people should wait for that time before making any trading decisions.
I hoped that 6k is new bottom, but price continued with declining. If next stop is 5k and if that be the new bottom than it would be great, for all of us for such high new bottom and unique opportunity for all of us to buy in that bottom and earn maximal profit at next top.
No. I'm sure $ 6,000 is the bottom. Even the summer period will not break it. But it doesn't make it any easier. The fall of bitcoin in 3 times it is indeed for many a disaster. For me, the price of bitcoin does not matter but I'm afraid that the popularity of cryptocurrencies may decrease and it will take a very long time before bitcoin will return to popularity. Sorry for the lost time.
I think $5k is too low price for bitcoin. If we look at the market today it is upwards and we saw a little increase in the price today. It is right that in the summer the price doesn’t increase as it is expected but I think in the near future it will raise more and will cross $7000 soon. This first half of this year is not good for the price so far but the second half will be good.
member
Activity: 546
Merit: 17
June 28, 2018, 12:14:07 PM
#56
the price emphasis now makes the mentality of investors who have recently jumped into the world of cryptocurrency somewhat a bit disturbed. but, I do not think they will bother the situation and sell bitcoins at current prices. the price will continue to fall but slowly and will not touch the $ 5,000 mark
full member
Activity: 271
Merit: 100
June 28, 2018, 12:02:08 PM
#55
I guess also bitcoin next stop is $5k but that is the last that it will goes down nothing more will happen. The next period will be the time that bitcoin value gets rising.
legendary
Activity: 2730
Merit: 1288
June 28, 2018, 09:47:14 AM
#54
This downtrend is a normal thing in summertime. Price is dropping but nothing big in my opinion, nice drop for people who wish to buy more under 6k dollars. What ever is the reason behind this drop people should use this good opportunity for buying. Price usually starts to rise in August, people should wait for that time before making any trading decisions.
I hoped that 6k is new bottom, but price continued with declining. If next stop is 5k and if that be the new bottom than it would be great, for all of us for such high new bottom and unique opportunity for all of us to buy in that bottom and earn maximal profit at next top.
No. I'm sure $ 6,000 is the bottom. Even the summer period will not break it. But it doesn't make it any easier. The fall of bitcoin in 3 times it is indeed for many a disaster. For me, the price of bitcoin does not matter but I'm afraid that the popularity of cryptocurrencies may decrease and it will take a very long time before bitcoin will return to popularity. Sorry for the lost time.

That si every single cycle. It cant find bottom if is still hyped as it was at end of last year. Peopel has to belive that Bitcoin wil go to zero. That is onyl way Bitcoin wil ever foudn bottom. So far that si not realy a case. So I belive it will pass quite soem time for taht to happen.
legendary
Activity: 3528
Merit: 7005
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June 27, 2018, 03:21:40 PM
#53
It will stop at 4k and reverse. I guess/hope.
Lol. 

I don't look at charts for crypto, but I do check bitcoin's price at least once a day.  I don't have a clue whether it's going to dip as far down as $4000, but I'm hoping not.  I had been thinking that the bull market that slingshotted it up to $20k wasn't done, but now I'm not so sure.  Then again, I'm not silly enough to think we've reached crypto-Doomsday yet, because after all we're still at $6100.  That's not bad.
legendary
Activity: 1232
Merit: 1091
June 27, 2018, 02:24:45 PM
#52
Current growth is really bad and this is the right time to by more coins. So invest as much as we can.

The growth isn't bad, you just need to look at the market in a different way. Last year people were willing to hold their coins and even accumulate more, which significantly helped the market move forward. Right now all that is gone. The market has to find a point at which it can bottom out and from there we will be able to look upwards again. It will happen, but it may take longer than people expect, especially so with how people's expectations are high and unrealistic. The good thing about this market is that you can buy the bottom if you spread out your buys wisely. I personally stick to 5-10% buys per time. I will only go higher if I think we reached a price that I consider actually low.
hero member
Activity: 994
Merit: 502
June 27, 2018, 01:31:53 PM
#51
No one is clear about the next stopping, this could go downwards or upwards. Everything related to the price move is completely dependent on the market circulation as well as the capital contribution. Hope, the next stopping should be above the $6500 mark which makes the community happy as each and everyone were in need of a price pumping.
full member
Activity: 686
Merit: 146
June 27, 2018, 12:45:59 PM
#50
Many have thought that $6K would be the bottom yet it already broke the $6K support just a few days again when bitcoin went all the way down to $5.8K. This trend has surprised many since most have expected for the price to be already rising after it is done with correction. Now that the price has gone downhill, it may be expected that the price would jump up this coming July/August but not all throughout till the end of the year. There may still be some bottoms before the end of 2018 but who know’s whether it will go as low as $5K?
full member
Activity: 826
Merit: 111
June 27, 2018, 12:11:38 PM
#49
The price has really touched the 5k earlier this week. Current growth is really bad and this is the right time to buy more coins. So invest as much as one can and gather more coins. I just went through coinmarketcap.com. Every coin including top listed coins are really cheap and worth buying. The profit is for sure down the line in December 2018.
member
Activity: 546
Merit: 12
June 27, 2018, 11:50:58 AM
#48
What you guys think will btc continues it's downward movement towards 5000$ and or it will move up. From start of May it is going down gradually from 9900$ to 5800$. Why it is going so low?? Whether it is the trick of investors or people have lost their interest from BTC??
I don't believe people have lost interest in Bitcoin and in crypto as a whole. It may be just because the disappointment of the market from last year to this year was sad. Anyways the future looks great for the price of the market to get better. We shall bounce back to better prices.
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