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Topic: Will Bitcoin go below 6K? - page 5. (Read 16088 times)

hero member
Activity: 1540
Merit: 507
September 01, 2018, 12:28:35 AM
We don't care about prices too much because you can easily make +30-100% every day. You have to know direction of price, not the exact price value - it is enought to make a good money.
But if the bitcoin gets a big crash and i think you should put a lot of attention to the bitcoin because it can give a huge impact to the another altcoin too even that can give you a big impact to the result of your daily trade. So, can you do a daily trade when the market was on the bearish trend?
full member
Activity: 518
Merit: 100
September 01, 2018, 12:24:58 AM
We don't care about prices too much because you can easily make +30-100% every day. You have to know direction of price, not the exact price value - it is enought to make a good money.
full member
Activity: 461
Merit: 100
August 31, 2018, 11:51:04 PM
There are news and hint that if bitcoin goes down to 5k some investors will take advantage of it to enter and invest again. And if this really happen I think this is a good news , more investors will make crytoworld come to live again.
full member
Activity: 714
Merit: 102
August 31, 2018, 10:53:14 PM
although it is true, that bitcoin has been in the 6k price range but the price has now recovered, showing an increase, as we all know, the price is now in the 7k range

sr. member
Activity: 646
Merit: 252
August 31, 2018, 08:31:45 PM
Unique things happen with the price of bitcoin, when the price is below $ 6000, the transaction volume is very large and the price rises again above $ 6000, this shows that investors are still very confident and optimistic with bitcoin so I am sure the price below $ 6000 will not happen again.


Yes right, I often pay attention if bitcoin prices are dumped then big transactions often occur, even a lot of bitcoin transfers in large amounts, this is what makes me also believe that the future of bitcoin is still promising.
member
Activity: 350
Merit: 10
August 31, 2018, 07:24:30 PM
everyone is on speculation mode , fundamental analysis is now more reliable than Technical analysis . even many traders are trading carefully with tight stop loss .

bcoz market is still bearish and there is no sign of bull run , price get up little bit and back to 6k and it creates more dip for alts . only we can hope that btc get stable even at this range and dont fall below $6000 .
jr. member
Activity: 126
Merit: 1
August 31, 2018, 07:19:30 PM
Well Bitcoin is exactly at the scenario you have visualize. Though it is very difficult to determine whether it which way i can go by now. One day it looks like going uo and the next thing you know its down again. It would best to invest now before it goes up.
sr. member
Activity: 1498
Merit: 251
KUWA.ai
August 31, 2018, 06:05:22 PM
I know that many people and experts predict bitcoin will even go down to 4k or 3k. I don't know where these people get their numbers from...we have never even see such prices for the entire year...the lowest was 5k and it came back quickly from there
They are taking all of their fundamentals after seeing the bitcoin chart. But that depends on the trend and it's unpredictable. As you can see about how it has become a usual thing if there will be a party tried to create such a speculation to the bitcoin price, it's possible rate but until bitcoin gets a big bearish trend.
member
Activity: 86
Merit: 11
August 31, 2018, 03:59:54 PM
I know that many people and experts predict bitcoin will even go down to 4k or 3k. I don't know where these people get their numbers from...we have never even see such prices for the entire year...the lowest was 5k and it came back quickly from there
member
Activity: 630
Merit: 14
August 30, 2018, 01:16:51 PM
In the near future, Bitcoin was below 6300$, so it is possible that below 6000$ it will fall, although it seems already noticeable small growth.
a slight increase was observed yesterday, But today the whole market again shows a minus, including Bitcoin and the etherium. It seems that the prices for the crypto currency are made Step forward and two steps back every day.
newbie
Activity: 16
Merit: 0
August 30, 2018, 01:14:28 PM
6k seems a strong resistance zone, whenever we saw Bitcoin reach that level it instantly bounced back, therefore it is a good buy zone in my opinion.
newbie
Activity: 16
Merit: 0
August 30, 2018, 01:07:21 PM
I doubt that's ever going to be possible this year again... I can't say of a major dip in the feature
jr. member
Activity: 110
Merit: 1
August 30, 2018, 01:03:41 PM
In the near future, Bitcoin was below 6300$, so it is possible that below 6000$ it will fall, although it seems already noticeable small growth.
newbie
Activity: 224
Merit: 0
August 30, 2018, 12:05:18 PM
Bitcoin slipped down to 5k8 at the previous time. But I do not think it can be repeated. Because, btc always burst at the end of the year. And now, the trend is slowly changing. In addition, bitcoin has formed a blocking threshold of 6k2. Therefore, I do not think bitcoin will slip through the 6k threshold.
sr. member
Activity: 791
Merit: 273
This is personal
August 30, 2018, 11:55:17 AM
Price for Bitcoin could go down below 6k, and yes, at these levels are strong support historically, but if price tests these levels just one or two times more, it is high possibility that support zone will not hold.
newbie
Activity: 196
Merit: 0
August 30, 2018, 10:34:55 AM
Currently, no one can say anything, because the market is now trend development is very difficult to predict, may only in a short time the tokens will never rise further, BTC and ETH will be king of the cryptographic market
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
August 30, 2018, 10:31:20 AM
Unique things happen with the price of bitcoin, when the price is below $ 6000, the transaction volume is very large and the price rises again above $ 6000, this shows that investors are still very confident and optimistic with bitcoin so I am sure the price below $ 6000 will not happen again.
Yes, I also agree with you that the price of bitcoin may possibly not fall below $6000 again because as we can see that the price is gradually rising back and it will be higher before the end of the year.
It's possible but after the deadline of the ETF announcement. I guess that will be happening if there will be a bad news about that, As far as I know many people are still betting on the bitcoin ETF and it will have ended after 30 December and I hope the market will get a very strong support to keep the price of bitcoin above 6k
sr. member
Activity: 714
Merit: 251
August 30, 2018, 10:17:07 AM
Unique things happen with the price of bitcoin, when the price is below $ 6000, the transaction volume is very large and the price rises again above $ 6000, this shows that investors are still very confident and optimistic with bitcoin so I am sure the price below $ 6000 will not happen again.
Not sure about that. 5800$ support is very strong and hard to break, BTC has faced it twice and the thing is unsuccessful, I think in the next bitcoin will go down 6000$ again before a new uptrend season begins.
member
Activity: 78
Merit: 10
August 30, 2018, 10:14:26 AM
6k seems a strong resistance zone, whenever we saw Bitcoin reach that level it instantly bounced back, therefore it is a good buy zone in my opinion.
full member
Activity: 318
Merit: 100
August 30, 2018, 09:52:24 AM
Unique things happen with the price of bitcoin, when the price is below $ 6000, the transaction volume is very large and the price rises again above $ 6000, this shows that investors are still very confident and optimistic with bitcoin so I am sure the price below $ 6000 will not happen again.
Yes, I also agree with you that the price of bitcoin may possibly not fall below $6000 again because as we can see that the price is gradually rising back and it will be higher before the end of the year.
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