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Topic: BTC next stop is 5K$ - page 3. (Read 429 times)

full member
Activity: 293
Merit: 109
June 24, 2018, 07:40:59 PM
#27
It will be a big disapointment to a lot of the people here, but we will not stop at 5K. The real goal is $2.500. And we can stay there for years.
hero member
Activity: 840
Merit: 500
June 24, 2018, 07:36:47 PM
#26
prices will continue to fall further in the next few weeks, but I think this decline could be a cross your finger in the future, because in my opinion there will be many people who would be interested to buy more if the price drops to $ 4000
We are no expecting any future decrease in bitcoin price, but hopefully it will start increasing again from this stage. I think that at this stage the investors are now getting confident to invest money in bitcoin, because bitcoin price has already trading in a low price and very little chances that its price will decrease any more but hope that once again it will start increasing its price.
sr. member
Activity: 719
Merit: 250
June 24, 2018, 06:22:27 PM
#25
It will happen, and it will probably go a little bit deeper and then it will go up again, just like if it was a rebounce. So just wait and be patient, fill your bags on this dip

We can observe the market now is everything can happen and possible. If in case price goes to that level I think it can survive to increase again. We do not know when is the next stop however, patient and hold can do help.
hero member
Activity: 1526
Merit: 596
June 24, 2018, 06:00:23 PM
#24
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 get how it can possibly be a trick of the investors. Nor is it that people have lost their interest in BTC. Most long term holders are in fact still holding onto their coins despite the bear market that is raging on at the moment.

It's just a natural phase of the cycle within BTC - prices are usually overheated after the halving, as the bull market comes. Then as the growth becomes unsustainably large within the market, the bear market sets in, prices dip and correct, etc. It's a temporary thing, and it definitely doesn't mean that people have lost interest or anything like that.

Now, I think that although prices are going to go down further, and $5000 is a possibility; if you're interested in investing in bitcoin you should probably start accumulation now due to the fact that prices are already near the bottom. I don't see the market as volatile in the coming weeks compared to the previous months either. It's unlikely that markets will move back up permanently without further dips down below $6k, however.
legendary
Activity: 1526
Merit: 1179
June 24, 2018, 05:48:01 PM
#23
The price crash was caused by some whale dumping on some Korean exchange
The western market doesn't care about what's happening in South Korea or Asia in general terms. The USD markets are leading as always. I don't think there will be a time where this will change.

If people remember, South Korean exchanges were trading at a premium of $5000 months ago. If that market had any importance the western market would follow swiftly, but it didn't and we should be happy with that.

Whales right now can play this market without anything forming an obstacle, and we see where that leads to. Let them have their moment of fame. We can't do anything other than just patiently wait for improvement.
newbie
Activity: 75
Merit: 0
June 24, 2018, 05:08:35 PM
#22
The price crash was caused by some whale dumping on some Korean exchange
member
Activity: 111
Merit: 10
June 24, 2018, 04:59:36 PM
#21
It will happen, and it will probably go a little bit deeper and then it will go up again, just like if it was a rebounce. So just wait and be patient, fill your bags on this dip
legendary
Activity: 1204
Merit: 1028
June 24, 2018, 03:32:51 PM
#20
Everyone that is still in fiat is watching the next guy to see if they push the price a little bit lower so they can get in cheaper. It literally looks like this:



Whoever makes the move first will trigger a FOMO because everyone else will get nervous at missing the boat. Next thing you know and we'll be at $30k+
legendary
Activity: 1442
Merit: 1016
June 24, 2018, 01:23:36 PM
#19
What you guys think will btc continues it's downward movement towards 5000$ 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??

It is possible that some big guys aim for $5000. Will he/they be successful? I don't know.
I just know that I will not short from here.
And why is the price going down that slow? Well what do you think is the best way to make people go crazy and leave the market? Slow bleeding and destroy each of their new hope with every little bounce getting hammered.
hero member
Activity: 1498
Merit: 507
Not your Keys, not your Bitcoin
June 24, 2018, 01:22:32 PM
#18
What you guys think will btc continues it's downward movement towards 5000$ 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??
This downtrend is continue in next week itself and This will grow fastly in next month so we should hold this dip. But some crypto hunters are buying more Bitcoin in this dump and some investors are still waiting for the huge dump. so we don't think the future expectation because everyone afraid in this situation so end of the year we will expect good  result.
legendary
Activity: 2114
Merit: 1293
There is trouble abrewing
June 24, 2018, 12:30:32 PM
#17
i know that it is a commong saying that you can't predict bitcoin but right now it is more true than ever. there is simply no way of telling when this is going to stop. there is no reason for it to drop, there is no real sales, there is no way of telling the real supports and real sell pressure from the fake ones anymore.  the manipulation is at its peak these days.
legendary
Activity: 1232
Merit: 1091
June 24, 2018, 12:29:44 PM
#16
This is total manipulation what we’re currently witnessing.

It is, but it's okay. We can't do anything other than just letting happen what the market movers want to happen. It won't last endlessly. I can totally see a strong rebound very soon where they will trigger a major fomo eruption. There is literally nothing that's causing the price to go down other than manipulation -- what's happening right now is a classic shake out taking place, so I hope that people just hold through and remain strong. Don't feed whales! Next year we'll look back and laugh about what happened and then yet again point out that the long term is the only thing that matters.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
June 24, 2018, 11:32:52 AM
#15
This is total manipulation what we’re currently witnessing.
sr. member
Activity: 630
Merit: 263
June 24, 2018, 11:26:50 AM
#14
It seems to me that no one knows for sure what is happening with bitcoin prices. It seems to me that this is a manipulation but can only be reliably known by the owners of exchanges. They can see from which accounts the orders are coming and their real volumes. I made the decision to go on vacation and not to participate in the auction until the price is restored.
hero member
Activity: 3080
Merit: 603
June 24, 2018, 11:10:06 AM
#13
What you guys think will btc continues it's downward movement towards 5000$ and or it will move up.
It hit $5,800 so we are here and this is now the danger zone for some but I'm still confident that we will go up soon.

From start of May it is going down gradually from 9900$ to 5800$.
I wish that we will be back at that time where bitcoin has been near to $10,000 but definitely we'll be there soon.

Why it is going so low??
Too many sell.

Whether it is the trick of investors or people have lost their interest from BTC??
No trick is done, it's a domino effect and a manipulation.
sr. member
Activity: 1400
Merit: 347
June 24, 2018, 10:59:53 AM
#12
Why it is going so low??


I prefer the question: why is it going so slow?

Permabears are against cryptocurrencies. They shill for fiat and precious metals, both controlled by the triarchy of enslavement (State, banks and mega-corporations). Thats why they make predictions of three digits for 30 years.

Since the futures market is the personification of the permabear, this may explain why is it going so slow. We should dive to 2k already and be back to 10k in October.

full member
Activity: 812
Merit: 142
June 24, 2018, 10:53:22 AM
#11
It will stop at 4k and reverse. I guess/hope.

We all hope that it start reversing form the current situation itself and move quickly to 8k and then 10k and so on. Its being months where people have not seen much of the success or say the green zone of their portfolio and the time has come to turn the things other way now.
hero member
Activity: 2086
Merit: 994
Cats on Mars
June 24, 2018, 10:43:24 AM
#10
Whether it is the trick of investors or people have lost their interest from BTC??
The general public have lost interest in BTC a long time ago, that's one of the reason I think the market has failed to recover in the short-term, there's simply no buying pressure...and the current bearish sentiment doesn't help either.

"trick of investors", you mean manipulation? like whales tanking the price? who knows, but these massive dumps don't occur at random.
member
Activity: 684
Merit: 19
June 24, 2018, 10:36:35 AM
#9
Hmm really hitted bottom at $5777 and probably will go further..
legendary
Activity: 2730
Merit: 1288
June 24, 2018, 10:16:30 AM
#8
What you guys think will btc continues it's downward movement towards 5000$ 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 would be perfect if we reach bottom as soon as possible. Whatever it will be.  After we reach bottom will be ofcourse a bit of correction as it is always and then up and down and up and down going sideways for long long time until slow growth will start to reach last ATH. And from that moment on just old good hype.

What is sad is that bottom could be reach only mid next year. But I think that is most pessimistic scenario of them all.
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