Bitcoin Forum

As  bitcoin is now $6700 then I am tempted to believe that by the end of coming friday bitcoin will be $6200. A lot of analyst are predicting that bitcoin will end the month of June with a price of 5000 USD. What do you think.

As usual, those analysts are probably wrong. Unless you have a crystal ball that can tell the future, nobody really can tell where bitcoin will go. All we can do is SPECULATE. But then again, does this Friday's price matter? Bitcoin doesn't end on friday. Bitcoin is the future and is going to change the world. Where it's heading, the price today is nothing. All you have to do is hold and wait for the future to come.

Buy the dip!

This variation in price does not mean that Bitcoin is dying or people are losing interest, the market is very volatile and subject to manipulation. If price falls it is a good time to buy and accumulate more.

No, bitcoin wont easily dip down to 5000 USD by the end of June, It was just, its volatile and also its a strategy manipulation for some big whale out there that tends to buy BTC in a lower price. Thats how crypto works. Its a Cycle bro, a Hoop going upside down and downside up.

Its honestly looking pretty ratchet lately.

This is the chance for late comers to enter at this discounted price. Yes, I think it will go to $5000 and that is pretty good to buy the dip.

I got a crystal ball actually I bought it from bitmain for 5btc it was a 1 day sale! And it says the price will be approximately 7234.67 exactly (at some point in time between now and dec. 2020) just so you know.

What stands out in this current trend of bitcoin is the dramatic decline in middle-term. However, the down trend of bitcoin and crrptocurrencies are significantly different from those of them in several key respects.  If btc sit at $6.2k, it means that the middle-term support areas will be broken and I don't really know what will happen next. I am now in the middle of nowhere, neutral and keep my eyes on overall trend

I believe this will be a range of one hundred dollars between 6.5k. Not a good price for those who are still greedy or inclined to buy bitcoin at a fairly low price. By the way about 5k, this in principle does not look fantastic for the summer peak.

I think you are speculating too much. I don't think there is any reason for bitcoin to end soon or in the next few years unless they do ban bitcoin. Bitcoin being at $6,200 is not a bad speculation since right now it is at $6,700 and the market is currently playing with us.

We have to accept the fact that bitcoin is now manipulated by the whales, well the price may go down to $5k but I think it will just happen in one day because the price will bounce easily. I'm ready to buy more if bitcoin hits the price of $5k, actually I have my cash ready just in case the market crash further. Don't be afraid to invest when the market is down because its a great time to buy.

his is an opportunity for late arrivals to enter at a discount. Yes, I think it will reach $5,500, which is a pretty good buy down.

not so sure about that, it think it will not end with that price, probably at $7000 - $7200

From down, so bitcoin will keep on drowning until Friday? Are you only thinking about the falling and there's no balance in the market that after a fall, there's no rise?

There are also analysts who are saying that bitcoin can grow more than $20,000 at the end of the year. I've been looking at the long term and futuristic predictions not with the entire's month.

I am tempted to believe that you are wrong and won't go that low. However, both of us have same "solid proof" behind our predictions so both of us have the same chance to get it right.

This condition will always change at any time. Bitcoin prices are not predictable and they are impossible. Bitcoin prices can not be determined because there are so many aspects that will affect the price of Bitcoin. What is happening now is the number of countries that start to make a rule, there are some countries that make the ban on Bitcoin then it will have a major impact on public confidence. Well that's what always changes the price of bitcoin, and I'm not sure that the price of Bitcoin will continue to decline, there must be a price increase and show a positive thing. We just have to wait until the time comes, Bitcoin is a revolution and everyone believes in the power of Bitcoin.

The FUD trend has already ended because this is a reaction due to the latest case with US exchange site. I can't agree with the majority of analyst and i just try to expect another bump again. $6500 should be considered as the bottom to the bitcoin and if you are seeing the chart and that has explained a lot.

$6,000 has been a strong support line but if that gets broken it may go down a bit lower

Great buying opportunity if so!

The current scenario of Bitcoin is really unexpectedly so it will move dump and pump both the condition is possible so we should think positive it will move forward and if you expect negative this will move down. All are expecting hype so as soon as possible it will going to pump. I think end of the month it will reach 9k usd is possible.

Since I'm a rookie in this cryptoworld but I've learned something, it is a rare event when predictions around crypto are true. This market is hard to predict you'll never know what's gonna happen. I'm participating in a group of traders and if you really knew what opinions were hovering over there during February-March events you'd go nuts :) the opinions were so different from BTC will go to $3000 and we need to wait to buy to opinions - just hold. And it is a group of experienced traders! So different opinions!
So maybe you are right :)

I know one thing for sure...some of you are true. It could go down or it can go up.

As for me it really doesnt matter, because im long term holder.

For trading its not really good time now so just just buy and go long. Its a good price and if btc goes back to ath in end of year it doesn matter if you bought at 6200 or 6000.

Better have little smaller profit than not profit at all.

i am starting to think that it may not be the last of bitcoin price drops because of all the altcoin dumps that has been happening. a lot of newbies came in and a lot of money invested in altcoins which is now exiting the market. this means the value of bitcoin will be brought down as altcoins get dumped and money exits them but does it through bitcoin!

It is a good opportunity to buy BTC now.  :'(

I think this could definately be possible but i don't see bitcoin any lower than 6k. Let's hope it will bounce at 6,2k and then accumulation phase for next big bullrun :)

Yes, I've read this too, I think the price could go even under $6000. For cryptocurrencies will be hard time now, but we will see, maybe it will surprise us.

Everything is expectation and prediction because we don't how people will react to the current situation of the market but there are many people who are panic about the situation. Each one has his own predictions about the Bitcoin price and value keeps reducing in the market.

I want to buy if the price will break the buy support at $6k. This is the best opportunity to enter the market at lower price.

Predicting the price in the end of June is not possible because you can't know what will happen in the end of June, this fall caused by sec news and those analysts' predictions usually are wrong.

Pretty sure we're gonna see it go below 6200$ by midweek. Yesterday, 14 billion $ were turned into smoke in a matter of minutes. The overall feeling is overwhelmingly bearish. We will see 3000$ by EOY. Bar some major developments that will actually bring use to crypto other than speculation.

unpredictable an exchange wiil hacked too, and we can see bitcoin on 2000$

for example noone didnt know that drop. no analyze or predict can be true on this market, everything depends to news.

Speculation are only normal and everybody can speculate their own price but what happens in crypto , cannot be predicted because otherwise might be the result. Even if the price of bitcoin fall to that amount by Friday, I still believe it will rise again as soon as the market recovers because that will not be the end of bitcoin, it still has a ling way to go.

i think this is a buying opportunity for the late last year
i just read tweet jhon mecafe he said the end of July bitcoin will be back 10,000 usd

nobody knows the future, just like bitcoin prices, we can only predict it, no one is absolutely sure, so I do not think it's necessary to panic, we'd better buy it now at a low price and hold it for a long time.

As I know, mining 1 btc cost ~ $6k5, so if it fall to $5k, bubble will be broken. No one will use btc in future. Chance to get cheaper graphic card  :D j/k.
Around $6k2 is possible but not $5k

If it will that  will be a  good chance to buy some bitcoin!
But as we all know, noone ever can predict bitcoin's price. As it can change in a minute after important news. So hold if you have. You will b rewarded in the future

6200 US dollar sounds about fair. Bitcoin is expected to touch the five thousand mark in June, From what i read we are expecting it to dip in the mid 5k but it is also possible to reach the 5k the bed rock. a lot of investors will protect their profit and would take back a little and rebuy.

many say that at a price of 6,000, mining will become unprofitable. But what prevents those who retire to fall below 6000. After all, then simply payback period will increase. But in fact the belief in the growth of bitcoin in the future remains

We can't even predict the price of BTC in the following hours and you want to make predictions about end of the week/month/year. It's impossible as the factor that affect the market are way beyond our control and knowledge. The crypto world is full of big players and big games and most of us are just bystanders, hoping for the best outcome. Don't stress yourself too much and just focus on being careful and sensible with our investments. Yes, it's always better to be well informed and prepared, but this more or less applies for the long term investments. It's almost impossible or you need a LOT of luck to be successful in the short term trading.

I thought that it will be hard for bitcoin to go down less than 7k but now i see that it is even possible to just go lower than 6k... I really hope that market will recover in coming weeks now...

All the investors are very furious. But not patience can not win. Anyone who makes panic deals will always hurt.

Nice way trying to make people stop buying bitcoin. You should just go away and go and promote your shitcoin. Bitcoin will never die. It is not even a person to die. People are still believing in bitcoin and  supporting it. There is no way a guy like you or these so-called experts will change people's point of view about bitcoin and make them invest in another cryptocurrency. So yes, bitcoin pricr has dropped, and that does not mean it will die.

When Bitcoin is going down, most analysts start forecasting lower targets and vice-versa when it is going up. No sure way to know where it will end on Friday or any other future day and worrying about daily moves is not useful.

Maybe your speculation will be true , crypto currency is so unpredictable it might shock us time to time. The value of bitcoin now is increasing a bit it is now in $6,844.40 maybe in a few hours it will drop again let us just wait and see until friday mate.

yes of course the bearish bitcoin condition like this should be taken because this is an opportunity to buy more, thus you've invested yourselves for a long time, cryptocurrency is still very young, and too early to end