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Topic: Will Bitcoin go below 6K? - page 17. (Read 16089 times)

full member
Activity: 406
Merit: 100
June 29, 2018, 04:50:43 AM
It went below 6k unfortunately, 6k was very strong support but price saw 5750 dollar, I hope something happen soon and market volume increases, otherwise this drops will continue.
full member
Activity: 228
Merit: 100
June 29, 2018, 04:36:57 AM
It is possible to say with certainty what will happen, it is already lower and ahead there is at least a month bearish trend. So be patient and do not panic with even greater losses.
newbie
Activity: 80
Merit: 0
June 29, 2018, 02:36:11 AM
The lowest price is now 5800 US dollars, I think bitcoin will continue to decline, the minimum is 5200 This is my opinion.
full member
Activity: 434
Merit: 100
June 28, 2018, 02:14:07 PM
There are 2 types of whales!
Those that ride the market and sell a few a coins occasionally and whales that are working with others to manipulate this market. Those that manipulate are smart and work with entities that provide no paper trail. They can make money in a bear or a bull market!
My opinion is the market will go down based on my research!
My opinion might change if a white knight whale comes into play and pushes the market over 7777USD!
There is one (maybe cartel) trying but all attempts are being squashed by the bear camp! The bears could be overpowered...wait and see.
If you are a retail investor you are a sitting duck if you have chosen the wrong direction.
Your loss is their gain!

Taking into consideration all factors it seems the price is going to maintain itself for some time but in the next months it is possible that it goes down even further, however while I think that whales are influential in the market their influence is not as big as many people make it out to be, a whale is not going try to push the price up alone since going against the market is a move that will cost them money and will not bring them any gain.
full member
Activity: 420
Merit: 100
June 28, 2018, 11:39:24 AM
It has already gone below $6k and also revives above it. But, by looking at the market situation it is elaborate that the Bitcoin price must go below $5,000 and whole year will remain sluggish and the actual bull will come in next year.
newbie
Activity: 228
Merit: 0
June 28, 2018, 11:20:56 AM
That's a possibility, but I'm not trading with this trend. I think the latest change is just enough for bitcoin to reproduce the balance of value as well as the new popularity. Therefore, the trend that I think bitcoin drops below $ 5k is very unlikely.
newbie
Activity: 154
Merit: 0
June 28, 2018, 11:14:10 AM
I think there is still a big possibility that the price of bitcoin can go under $6000. But I don't think that this period will go on like this for a very long time.
full member
Activity: 484
Merit: 124
June 28, 2018, 10:34:42 AM
Yes, I think the lowest price point for BTC is 5200. You may consider buying Bitcoin at 5200-5400. Because it will start to rise soon.

Yes, it may possible to happen but for now I believe that bitcoin will still stable on $ 6000 for this month.
But if we heard any bad news such as hacking attempt once again, I'm pretty sure that bitcoin downtrend will be more extreme !
newbie
Activity: 34
Merit: 0
June 28, 2018, 10:14:55 AM
С большим интересом выслушал мнение одного эксперта о том, что стоимость майнинга одного биткоина около 5000$
Исходя из этого, он не может стоить меньше. А как хочется надеяться, что ниже 6К не упадет.
Соответственно, ни каких предпосылок для роста альтов нет.И, боюсь, что очень многие из альтов вообще соскамятся.
newbie
Activity: 61
Merit: 0
June 28, 2018, 09:54:09 AM
6077 today, in red, I'm afraid it will
member
Activity: 364
Merit: 10
June 28, 2018, 09:52:09 AM
I think this probably could happen. Because from last few months we are seeing that BTC price is continuously going down. If BTC price goes below $6k then it is not surprising at all. But I am hopeful that nearly or surly BTC price will increase. And I think in the last of this year 2018 BTC price will go up. So let's see what will happen.
member
Activity: 420
Merit: 10
June 28, 2018, 09:42:23 AM
Bitcoin has recently seen new lows every month! I once thought that bitcoin had a strong rebound at 7000$. The result proved that our small investors could not change this downward trend! If there is no large amount of money to take over the market now, then its price is likely to be less than 6K!
member
Activity: 140
Merit: 20
June 28, 2018, 05:16:14 AM
The cost of bitcoin has demonstrated a major diminishing over the most recent 24 hours, and it is going $6k now. I figure it can go lower than 6k, however for me, it would be only a decent purchasing opportunity.
full member
Activity: 434
Merit: 104
Esport Ecosystem
June 28, 2018, 05:10:42 AM
Yes, I think the lowest price point for BTC is 5200. You may consider buying Bitcoin at 5200-5400. Because it will start to rise soon.
I hope that number will not come to BTC price, it is still stable at 6k level and I hope that it will not down to the 5k level. Many people and news says that it will be 5k, so let see how it goes on Q3 this year. If BTC can make it stable arround 6k or more it will be great for Q4 and the next years.
newbie
Activity: 21
Merit: 0
June 28, 2018, 04:31:26 AM
Yes, I think the lowest price point for BTC is 5200. You may consider buying Bitcoin at 5200-5400. Because it will start to rise soon.
jr. member
Activity: 350
Merit: 2
June 28, 2018, 04:22:43 AM
Your loss is their gain!

In every market, this is the truth.

When we have a look at the charts there is a possibility that BTC can go below your predicted level. My expectation is around $5000 for BTC if it goes further down.
newbie
Activity: 76
Merit: 0
June 28, 2018, 04:14:04 AM
There are 2 types of whales!
Those that ride the market and sell a few a coins occasionally and whales that are working with others to manipulate this market. Those that manipulate are smart and work with entities that provide no paper trail. They can make money in a bear or a bull market!
My opinion is the market will go down based on my research!
My opinion might change if a white knight whale comes into play and pushes the market over 7777USD!
There is one (maybe cartel) trying but all attempts are being squashed by the bear camp! The bears could be overpowered...wait and see.
If you are a retail investor you are a sitting duck if you have chosen the wrong direction.
Your loss is their gain!

HODL is not something that we cant use here again,
everyday it falling hard, with little up,
short buy and sell is the best method to face market nowdays
member
Activity: 434
Merit: 10
June 28, 2018, 02:37:22 AM
Maybe it is too early to conclude that the price is the bottom of Bitcoin. I personally think that there are too many Bitcoin short sellers. Last year's bitcoin boom was a good example, when market confidence reached a culmination, and now the situation is reversed.
member
Activity: 310
Merit: 10
June 28, 2018, 02:19:23 AM
i think 6k is the last dip. it cant be down anymore
the market is over bearish, this is time to grow
full member
Activity: 532
Merit: 101
June 28, 2018, 01:59:57 AM
The push should not occur until August. But the opinion that would go below 6k is a big reality for bitcoin. And it is very scary and just changes the mood of all investors.
many panicked yesterday when bitcoin hit $ 5800, but is currently at $ 6100 consolidated area. hopefully it's done push down, so the price can crawl up. and what we are waiting for is the wisdom of the government to immediately legalize btc
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