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Topic: Can Bitcoin stay above 6500? - page 2. (Read 568 times)

sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
June 18, 2018, 05:40:27 PM
#69
Looking upon today's market situation I believe that the price will stay above $6500. Moreover we don't know how long this will continue, because the growth happening with bitcoin is out of human prediction. The continued support got from the users is the driving force to make the price stay above the $6500 limit.
If theres a demand there would be always a recovery and these price ranges when bitcoin is playing on. No one can predict the future and we wont really know on how long it would tank. As an investor the thing you should do is to focus to buy on a dip price, lets say we do see bitcoin hitting $6252 on June 13 20:00 UTC if we do able to buy out on that time then the current price as of now is on $6717 then shorting out will make you already $460+ on a matter of 6 days which isnt bad.
hero member
Activity: 672
Merit: 500
June 18, 2018, 05:02:30 PM
#68
I wonder if I should sell now or hope for the bulls. Looks like it's way too late to sell...
It is not good to sell right now because the price will stay more high than what you are expecting. The price is already started to increase and will continue for a longer period to increase in value. If you can hold your coins for longer period then you will be lucky to have your bitcoins in the future.
newbie
Activity: 236
Merit: 0
June 18, 2018, 04:53:45 PM
#67
Now is over Smiley. But about at future, noone know it.
hero member
Activity: 2310
Merit: 532
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June 18, 2018, 03:59:05 PM
#66
Looking upon today's market situation I believe that the price will stay above $6500. Moreover we don't know how long this will continue, because the growth happening with bitcoin is out of human prediction. The continued support got from the users is the driving force to make the price stay above the $6500 limit.
legendary
Activity: 1442
Merit: 1016
June 18, 2018, 01:17:20 PM
#65
Bitcoin is completely decentralised platform so no one is predict the Bitcoin value so it will raise or fall whatever happen in Crypto market. All the peoples are continuously investing in Bitcoin automatically this will going to moon. This price variation is stable in next month so Bitcoin will reach more than 10k USD in next month.

I agree with you that predicting a future price of Bitcoin in the short term is almost impossible.
But this doesn't have anything to do with Bitcoin's decentralization.
The decentralization ensures that your txns can not be censored and that you are able to participate in the network from wherever and whenever you want.
But this has no (short term) impact on the price. This is done by traders, speculators and investors who buy and sell  on various exchanges around the globe.
full member
Activity: 378
Merit: 101
June 18, 2018, 11:42:24 AM
#64
Then later on the price of the market become bullish they will say good thing I did not sell and waited for this moment, Just hold your bitcoin selling is pointless right now as the majority has losses to deal with too thus not profitable to sell into fiat right now, endure the pain of losing some values and you will see later the value of holding, not guaranteed that it will increase suddenly but the possibilities are there to consider.
jr. member
Activity: 182
Merit: 1
June 18, 2018, 11:22:33 AM
#63
may be able to wait until bitcoin prices rise after touching the price of $ 7000 to $ 7500. and hopefully the market gets strong fundamental support. and maybe after that it might be possible.
sr. member
Activity: 1092
Merit: 257
LuckyB.it is Back!
June 18, 2018, 10:56:48 AM
#62
Bitcoin is completely decentralised platform so no one is predict the Bitcoin value so it will raise or fall whatever happen in Crypto market. All the peoples are continuously investing in Bitcoin automatically this will going to moon. This price variation is stable in next month so Bitcoin will reach more than 10k USD in next month.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
June 18, 2018, 09:45:50 AM
#61
Hope for the bulls to come. We can't assume on when will be the expected bull to come.

But there's only few words that I'll leave here which I have read somewhere on the web and whoever created it, credits to him.

 "In bitcoin we trust"

We trust for it's come back and healthy market soon.

We trust for it's domination.

We trust even the market falls.

We trust bitcoin in almost everything.

If you are trading, don't hope for anything, wait for the right signals before buying. Right now, nothing indicates a reversal so there is no reason to buy right now unless you like extra risk, which is fine but you have to know how to play it correctly. Volume declining means that eventually a big move will happen.
I disagree, you say that there's no reason to buy right now? Taking a look of the past charts is enough to say that this is the best time to buy and it's under $6,500 again. Every time you're going to buy there's a risk, whether the market is up or not. We're struggling for months now and that big move for its surprising comeback is what we've been waiting for.

Well, it'll come when it it comes. In this kind of market I guess you'll just have to make a stand lol. Whether you believe in btc or you're out of here. We're probably going to dip below 6.5k and even lower so if you don't trust in btc and believe in it's long term project, then it's time to exit :p
hero member
Activity: 3038
Merit: 628
Vave.com - Crypto Casino
June 18, 2018, 03:01:24 AM
#60
Hope for the bulls to come. We can't assume on when will be the expected bull to come.

But there's only few words that I'll leave here which I have read somewhere on the web and whoever created it, credits to him.

 "In bitcoin we trust"

We trust for it's come back and healthy market soon.

We trust for it's domination.

We trust even the market falls.

We trust bitcoin in almost everything.

If you are trading, don't hope for anything, wait for the right signals before buying. Right now, nothing indicates a reversal so there is no reason to buy right now unless you like extra risk, which is fine but you have to know how to play it correctly. Volume declining means that eventually a big move will happen.
I disagree, you say that there's no reason to buy right now? Taking a look of the past charts is enough to say that this is the best time to buy and it's under $6,500 again. Every time you're going to buy there's a risk, whether the market is up or not. We're struggling for months now and that big move for its surprising comeback is what we've been waiting for.
member
Activity: 530
Merit: 10
June 17, 2018, 08:06:15 PM
#59
you should hold it because you will see bitcoin go to the moon at the end of the year, you will regret if you sell at this time.
hero member
Activity: 1064
Merit: 505
June 17, 2018, 05:40:31 PM
#58
Hope for the bulls to come. We can't assume on when will be the expected bull to come.

But there's only few words that I'll leave here which I have read somewhere on the web and whoever created it, credits to him.

 "In bitcoin we trust"

We trust for it's come back and healthy market soon.

We trust for it's domination.

We trust even the market falls.

We trust bitcoin in almost everything.

If you are trading, don't hope for anything, wait for the right signals before buying. Right now, nothing indicates a reversal so there is no reason to buy right now unless you like extra risk, which is fine but you have to know how to play it correctly. Volume declining means that eventually a big move will happen.
hero member
Activity: 3038
Merit: 628
Vave.com - Crypto Casino
June 17, 2018, 04:09:00 PM
#57
Hope for the bulls to come. We can't assume on when will be the expected bull to come.

But there's only few words that I'll leave here which I have read somewhere on the web and whoever created it, credits to him.

 "In bitcoin we trust"

We trust for it's come back and healthy market soon.

We trust for it's domination.

We trust even the market falls.

We trust bitcoin in almost everything.
legendary
Activity: 1232
Merit: 1091
June 17, 2018, 03:49:14 PM
#56
There seem to be  so much resistance at about 6500 USD.if the price is not falling below that,just one direction it is going to go,and that is hopefully Up.

It's way too early to say that. I am quite sure that we might see another $6000 test in the coming days, but now in a more serious manner -- whales haven't put much effort into actually testing it yet. The move on Bitfinex was quite interesting because the dump that was meant to drag the market down, was countered with a quick but powerful enough dose of buy support. It could have been the same whale just trying to cause confusion or just to play around, but either way, we might be up for more. Bitfinex is the place where all the exciting action seems to be happening....
newbie
Activity: 224
Merit: 0
June 17, 2018, 03:17:48 PM
#55
There seem to be  so much resistance at about 6500 USD.if the price is not falling below that,just one direction it is going to go,and that is hopefully Up.
hero member
Activity: 1064
Merit: 505
June 17, 2018, 03:15:34 PM
#54
Watching the declining volume and price it seems to me that a big move is approaching, definitely bears have the advantage right now, if it happens we are certainly going below 6k. We could bounce from that really hard like the last few times or continue the downtrend.
full member
Activity: 392
Merit: 106
June 17, 2018, 02:19:31 PM
#53
I wonder if I should sell now or hope for the bulls. Looks like it's way too late to sell...

I wonder too if you’re desperately needed money for even consider on selling at this price. And I think you’re not late in changing your strategy at this point. There’s a place for stupidity, but investment is not one of them. It is not greediness to ask or wait for more as it wasn’t wrong at first place. I know it’s hard to take the stand and hold the coins for so long, but we’re not talking about altcoin. It is bitcoin, you would regret it.
legendary
Activity: 2730
Merit: 1288
June 17, 2018, 12:40:48 PM
#52
I wonder if I should sell now or hope for the bulls. Looks like it's way too late to sell...


Exactly. You had many chances to sell at double of the current price and even short time chance to sell at triple of the current price.  What was the reason that you did not sold is only know to you.  If you needed to rid of your Bitcoins you should. 

Now. If you can hold a bit longer, I am 100% positive there will be price of Bitcoin over $6500.  When? No one knows that. But time will come.  It is hard to suggest you what to do when we dont know when you need to sell your Bitcoins.
jr. member
Activity: 178
Merit: 5
June 17, 2018, 12:21:43 PM
#51
I wonder if I should sell now or hope for the bulls. Looks like it's way too late to sell...
when investing must have the same profit objectives. the value of bitcoin is now very low, it is very unlikely to sell our current investment because it will only get big losses. what can and is good for us to do now is remain confident that its value will be high and remain patient. I'm sure your patience will not be in vain because it will get results in the next few months.
sr. member
Activity: 1456
Merit: 326
Eloncoin.org - Mars, here we come!
June 17, 2018, 12:12:18 PM
#50
I wonder if I should sell now or hope for the bulls. Looks like it's way too late to sell...

Now the price of bitcoin start to raise again.It's the good news for the people hold their money in bitcoin now.So don't sell your bitcoin.
Instead you can hold till the raise in price.If you have money,buy some bitcoin at the low price.Then sell at high price.
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