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Topic: Will Bitcoin go below 6K? - page 7. (Read 16088 times)

sr. member
Activity: 798
Merit: 263
August 25, 2018, 12:13:39 AM
Bitcoin has couple of brief dips below $6K in the last few months and has bounced strongly up every time. No way to be sure it won't dip below $6K another time.
full member
Activity: 283
Merit: 100
August 25, 2018, 12:07:28 AM
Bitcoin is strong and the most stable cryptocurrency, i don't  think the price for 1 BTC will fall below $ 5,700. On the other hand, everything is possible in the market.
newbie
Activity: 168
Merit: 0
August 23, 2018, 10:23:22 PM
This's true and $ 5.000 is the lowest value for bitcoin if the decline occurs prolonged. But we don't need to be pessimistic, because by itself the price of bitcoin's sure to continue to increase even for a moment and slowly.
In taking the situation optimistically, we can do something such as buying bitcoin in order to earn profit in the near future. But it's actually okay for doing nothing, just wait for the price to increase.
hero member
Activity: 2716
Merit: 552
August 23, 2018, 09:05:17 PM
Tomorrow ETF will be a trigger of the BTC price. If SEC will reject nyso wtf request, then will will wait a good BTC rally to 5400-5200. That's sounds crazy but we need some one more dip for a big bull run at the end of September.
Surprisingly nothing happened, I thought that the price of bitcoin will go near the ranges that you gave if the decision was negative and yet nothing happened, I find that odd, maybe the market already expected those results and that is why it did not had any effect? Or maybe the whales already knew and they were fine with the decision? But whatever the case the price still seems to be fine and I am glad that is the case.

I think so to. I even expect Bitcoin price would go below $5k , but surprisingly nothing happened after the Bitcoin ETF's rejection. Maybe that little correction after the delay of approval for Bitcoin ETF's proposal made an impact and right after the rejection everyone anticipates it and nothing happens. Or, were just too focused about these ETF commotions that we even put the future of Bitcoin with the final decision of the SEC.
newbie
Activity: 154
Merit: 0
August 23, 2018, 06:04:08 PM
Bitcoin went down below $6000 to around $5700+  there is still possiblilies of bitcoin going down further due to people panicking in selling and lots of manipulation going on in the market,  but I'm sure it will bounce up for good
I think the panic selling has reduced significantly and seller are now controlling the market. we saw the price remaining above 6400$ even after the news of btc etf rejection
full member
Activity: 490
Merit: 100
August 23, 2018, 05:57:29 PM
Currently Bitcoin is fluctuating around $ 6500, this is a very low price of Bitcoin. However, I do not think Bitcoin will be lower than $ 6000. I'm guessing that Bitcoin will recover at the end of this year and increase to $ 20000. Now is a good time to invest in Bitcoin. I believe that Bitcoin will bring a lot of profit for us in the future.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
August 23, 2018, 05:21:20 PM
Tomorrow ETF will be a trigger of the BTC price. If SEC will reject nyso wtf request, then will will wait a good BTC rally to 5400-5200. That's sounds crazy but we need some one more dip for a big bull run at the end of September.
Surprisingly nothing happened, I thought that the price of bitcoin will go near the ranges that you gave if the decision was negative and yet nothing happened, I find that odd, maybe the market already expected those results and that is why it did not had any effect? Or maybe the whales already knew and they were fine with the decision? But whatever the case the price still seems to be fine and I am glad that is the case.
hero member
Activity: 3024
Merit: 745
🌀 Cosmic Casino
August 22, 2018, 04:44:01 PM
Tomorrow ETF will be a trigger of the BTC price. If SEC will reject nyso wtf request, then will will wait a good BTC rally to 5400-5200. That's sounds crazy but we need some one more dip for a big bull run at the end of September.
One more dip? we've been through many dips and I think that's enough for the "big" bull run that everyone is expecting. It's too much to say but we definitely hit a lot of corrections already. I'm not complaining though I'm sure that there are people out there that are tired of these words.
full member
Activity: 826
Merit: 102
August 22, 2018, 04:31:14 PM
Bitcoin went down below $6000 to around $5700+  there is still possiblilies of bitcoin going down further due to people panicking in selling and lots of manipulation going on in the market,  but I'm sure it will bounce up for good
newbie
Activity: 154
Merit: 0
August 22, 2018, 04:04:49 PM
Tomorrow ETF will be a trigger of the BTC price. If SEC will reject nyso wtf request, then will will wait a good BTC rally to 5400-5200. That's sounds crazy but we need some one more dip for a big bull run at the end of September.
I wont be surprised if we see such lows, I hope not anyway, fundamental news on ETF is always a make-or-break announcement.I am not very optimistic about the btc ETF approval tomorow
jr. member
Activity: 168
Merit: 1
August 22, 2018, 04:02:14 PM
I read an article today about the possibilities of breaking $6000 down side if the ETF approval on tomorrow get rejected. I don't know what will happen with that. The OP is correct. Recently the BTC is at its support level.
95% of other cryptocurrencies fall in price, and the price tag for Bitcoin holds its position, let's hope that bitcoin has good support.
newbie
Activity: 154
Merit: 0
August 22, 2018, 03:58:32 PM
For now, technical analysis can easily be flowed and the market can be really irrational, the market sways with every news that comes from SEC/ETF announcements
hero member
Activity: 1203
Merit: 508
Manager of looking busy #citizencosmos
August 22, 2018, 03:56:16 PM
Tomorrow ETF will be a trigger of the BTC price. If SEC will reject nyso wtf request, then will will wait a good BTC rally to 5400-5200. That's sounds crazy but we need some one more dip for a big bull run at the end of September.
full member
Activity: 462
Merit: 100
August 22, 2018, 03:39:32 PM
btc will rise very soon I think that even if it drops below 6k it will be a nice rise again this is my anticipation. I hope that there will be good days and gains for everyone but those beautiful days we will see

bitcoin must go deeper, because it will return to normalize the situation, no doubt many expect to buy at the lowest price and after being satisfied with profits, the price foundation will rise again with the momentum of massive purchases

if conditions continue like this, prices will remain flat and more likely to decline, not good for expecting organic sentiment, many speculators still dare not set a threshold for rallying.
full member
Activity: 490
Merit: 105
August 22, 2018, 02:43:07 PM
btc will rise very soon I think that even if it drops below 6k it will be a nice rise again this is my anticipation. I hope that there will be good days and gains for everyone but those beautiful days we will see
jr. member
Activity: 164
Merit: 2
THE BEST IN CRYPTO
August 22, 2018, 02:20:46 PM
No, this market is being supported at the moment with Big Green Candles!
Breaking 7K is now in play!

its not impossible mision, but if price will 6 k, many people trying to buy and after this price will grow up.
after summer people try to invest in BTC, and we can see new bull runs <3
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
August 22, 2018, 01:55:05 PM
No, this market is being supported at the moment with Big Green Candles!
Breaking 7K is now in play!
The price has gone down below the 6000 mark sometimes but it always recovers, and those prices do not last more than a few days, if the decision of the SEC is negative it is very likely we are going to see a price below those levels again and this could last a little bit longer but eventually like always the price will recover, if that happens then take advantage of it since that could be the last time we see those prices.
newbie
Activity: 36
Merit: 0
August 22, 2018, 12:57:24 PM
Some of my friends are saying we can go as low as 5k before the bear ends, but if i listened to everything then I wouldn't have a mind of my own. Truth is nobody knows
jr. member
Activity: 168
Merit: 1
August 22, 2018, 11:39:34 AM
I think no till now bitcoin still at 6k and it slowly go up but if that happen many coin will get affected and also crypto market i guess the price of all coins will go down but good news to all investors they can save more both alts and bitcoin.
newbie
Activity: 84
Merit: 0
August 22, 2018, 10:22:51 AM
I read an article today about the possibilities of breaking $6000 down side if the ETF approval on tomorrow get rejected. I don't know what will happen with that. The OP is correct. Recently the BTC is at its support level.
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