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Topic: Some Gurus still think Bitcoin can go 5500 level! (Read 505 times)

legendary
Activity: 1862
Merit: 1015
Yes it will happening in the next upcoming week because the graph says it continue to downtrend
Personally I still believe on bitcoin so that's why I keep hold most of my bits and only sell some for emergency purpose only.

I think this year may become the worst time for most cryptocurrency !
newbie
Activity: 63
Merit: 0
Some ta's say 4500, some say 2000. We really dont know. If you still got some fiat right now. Would you want the bottom be at 4500 or 2000. I know that you will pick 2000 but is that the real bottom gonna be.
full member
Activity: 462
Merit: 112
Actuallly 5500 dollars or what is too small, for me the bitcoins is invulnerable and can reach the highehst market value
which is possible because bitcoin is the best and will always on the top in cryptocurrency.
hero member
Activity: 1246
Merit: 529
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Can be possible reach that price,  that area is near from current price. There are a lot of good news coming and I still positive the market will recover soon and bounce back to bullish again.  Patient wait for that is only thing we can do now to recover loss.

Well it seems that bitcoin is having trouble as of the moment to move up in significant value despite any positive news. And when it dips, you'll feel it. Market manipulation. It's hardly about supply and demand right now
member
Activity: 476
Merit: 10
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Can be possible reach that price,  that area is near from current price. There are a lot of good news coming and I still positive the market will recover soon and bounce back to bullish again.  Patient wait for that is only thing we can do now to recover loss.
member
Activity: 392
Merit: 10
Have we seen the bottom or it is coming?
I believe the bitcoin price could completely fall back to the $ 4000 level if the $ 6000 level breaks down, you can see that the market is fluctuating continuously and is in the bearish trend in the long term, so to be able to Commercial success on this point is very difficult. You should trade short-term by day and always have a specific trading plan to handle any situation that may occur when the bitcoin price drops sharply.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
Have we seen the bottom or it is coming?


No problem on 5that's price dropping at 5500 level of upto 3000k usd level one thing I assure to all bitcoin will rebound again their value the narket just wait do not panic and don't stressing yourself. there are so many prediction about when bitcoin go to in my own opinion bitcoin as volatile currency is normal moves falling down of goes uprise.  stay calm and relax wait for the right when its come all loses bring back for us.
jr. member
Activity: 71
Merit: 2
Have we seen the bottom or it is coming?

I guess those gurus were more than right in April - Lol. The point is that the same gurus now speak about BTC possibly tanking until 3000$. Wel'll discover soon how good gurus they are.
newbie
Activity: 28
Merit: 0
The bitcoin is already at a minimum price, there is nowhere else to go lower. Technical analysis indicates a possible market reversal.
sr. member
Activity: 889
Merit: 253
I do not think bitcoin can come down to that. I think it will stop at 6k5 and rise again
In my opinion, it is the time for Bitcoin to rise and not to fall. The monetary value has been going up and down these days but ultimately it will end up high. The experts in various expert opinion programs have been advising to hold and not to sell your Bitcoin in such a situation. Not only this but there have been good predictions by some good crypto experts about the Bitcoin that it might end up more than $30000 towards the end of the year. Let’s hope so.
legendary
Activity: 2576
Merit: 1043
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Have we seen the bottom or it is coming?
Gurus or Investors or whatever people saying that bitcoin will reach X price, they are just speculating just like we do in bitcoin. They are just pure speculating the price of bitcoin.

Maybe these "GURUS" you are saying are some of the manipulators who are manipulating bitcoin at this moment. Anyway, base on my speculation I don't think that it will go below the 6k$ mark because if this happens, it will be a disaster for bitcoin and the whole crypto market.
hero member
Activity: 1008
Merit: 501
Have we seen the bottom or it is coming?

I hope that we have already seen the bottom. That is why I am not buying Bitcoins now (I bought them before). I am waiting for the time of BTC gaining.
You should know that even though the market is in poor condition these months but every month we get a new bottom line. you dont need to fear for this price drop. we are stable at the price of $7300-$7400. I think the bottom line is already in this position. actually this is the right time to buy
member
Activity: 363
Merit: 10
I do not think bitcoin can come down to that. I think it will stop at 6k5 and rise again
sr. member
Activity: 1274
Merit: 252
analyzing the price of a cryptocurrency especially on bitcoin, this is really very difficult, yes indeed I see in bitcoin market decline and possibly reach 6000, but this is just my analysis, we know that bitcoin volatile, so maybe even get 10000 level.
sr. member
Activity: 574
Merit: 250
Don't think it will be as low as 5.5k as some gurus are waiting/hoping for that but it will be close. It's so funny how the TA trend changed from bearish to bullish in a matter of few days.
hero member
Activity: 994
Merit: 504
Have we seen the bottom or it is coming?

Those "GURUS" does know if that price will hit in that way, no one knows. We are the ones who controls the price of Bitcoins and some of those guys who are manipulating it.
hero member
Activity: 1020
Merit: 501
Then they are not real Gurus. Bitcoin is doing well specially in this month and leading market as usual. Everyone is aware of the fact that BTC have really good signals now a days and will continue to increase in coming months as well.


Yes, i guess the increase rate or stability to the current exchange rate is not bad when compare to fiat currencies.

Those who knows what they are doing can still benefit from descrease & increase.

Pls,note that 5,500 - 7,500 btc rate is the most stable range before the boom in december.


Thanks
legendary
Activity: 1358
Merit: 1000
Have we seen the bottom or it is coming?

I hope that we have already seen the bottom. That is why I am not buying Bitcoins now (I bought them before). I am waiting for the time of BTC gaining.
hero member
Activity: 742
Merit: 500
These self proclaimed "gurus" dont know what theyr taking about and just spreading FUD in order to suit their own agenda.  If i were you i would completely ignore what these "gurus" have to say and i would base my price predictions on the technological aspects of bitcoin and crypto.  Furthermore, it is still very possible that bitcoin could hit $5500 but i honestly doubt it will.
full member
Activity: 518
Merit: 103
I see that this post had started last month and that was before bitcoin made a break out, however there is still some chances that bitcoin might go down around that value, since there has been a statement released by mt. Gox before that they will sell all the bitcoins they have to the owners, there will be a drop on the price of bitcoin, since there will be a surplus in the market, they might be saying it because of it, I for one am waiting for their release, since the price will be cheaper, then after a few months, a correction will be made and the value will rise. But as of now, we are seeing that bitcoin is recovering considering the fact that one of the factors that bitcoin went down was when mt. Gox release around 8000 bitcoins, if I'm not mistaken, and the value of bitcoin soon drop.
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