Bitcoin Forum

Do you think that the market will go down again after these small bounces? I expect that the market will go down after the bounces, because the 1D chart is still not looking really good right now. Let me know what you guys think.

Yes there is some probability of one last dip but most of the analysts agree that next wave of bull market is just around the corner so if it dips i think it will be the best chance to buy more and accumulate before market take off.

My bitcoin prediction will decrease after touching the price of $ 6800 - $ 7000.
So if you want to profit sell your bitcoin before reaching the price that I include this.

I don't think think that the market will go down again after these small bounces.The price of bitcoin is attain some reasonable price.Today the price had crossed 6700$.The people who had brought below this price can sell now for the profit .

It is entirely possible but given how long we have held at this 6k level, I feel pretty confident it won't break. If the day comes and it does break, I would be extremely worried as I don't know what the next low point will be after that. It could be anywhere from 1-4k and that is a bit scary.

I think that the market will continue to go down until September. A very large number of people in this strongly interested. So be careful when trading.

Yes, don't remove that possibility that if ever the market goes up and have some small bounces, it's impossible for it to go down.
Bitcoin goes up, small dips come but after that there will be a bigger increase.

Don't just look at the 1 day chart of it. Considering all the charts and possibly the week charts can give you better analysis on where it is leading.

I think like that exactly now, after few bounces it will go down because I don't expect a bull run in this summer so I don't have long position right now, that's my prediction there are many possibilities as well.

noone knows !! its possible to bounce from here to 8k or go down around 5k but its long time for bear market and its more possible to go up from that point. if we lose our hope that could be mean that btc price go up. after 11k than we can talk about bull before its hard to say something.

Its possible to go down again their price because its volatile currency's decline of price ia part of it as decentralized currency, i know your worries after an hour little bit pumping of bitcoin all of the sudden goes dump again just take it easy calm and relax the problem will fix in the right time.

I think it's already at the bottom, if only bitcoin could fall further down again, then the possibility of going up again would be even harder, as new investors are unlikely to invest bitcoin anymore, because the price they hate (LOL)  :D

I couldn't agree more on that because as what I see,bitcoin pushes high while other people don't mind and that affects and bouncing effect of bitcoin's price. Some are just greedy. I can't predict the situation but of course it's really up to the system of bitcoin whether it goes down again for it is vulnerable. I'll just wait for the coming success for sure that time,will bitcoin's chance to clear up issues that happened last December.

Most likely, not. The shorts and sellers are already getting exhausted. Pretty soon we should see a strong upward correction, because it's all part and parcel of the cryptocurrency cycle. One day we will be up high in the air, and other days we will be dry down low.

Just be patient, big money is coming in. Take the opportunity instead, the time to buy is now.

Yes that is how it works. On the slope, you will mostly see another downfall after getting a small bounce so we can expect moro red but if the changes or the bounce is consistent then there will be a good news since it will be a way up.

i think it will hit 8k and go down back again

We cant still predict what will happen to bitcoin now, maybe it will recover from those blood days or maybe it will go down again.. but from my opinion it will hit again $7000 to $8000 and after that it will go down again. because its to early to reach its new peak price. as we know it will hit again its new peak price in every end of the year. But for now maybe its the best time to invest.

I hope when you are predicting about the bitcoin goes down and there will be another jump back to the moon again for bitcoin. I can't trust your prediction or any expert that says a lot about that. It will break $7k again next month or at the end of this month. Bithumb news doesn't give a lot of impact to the crypto.

You know what mate,if only we knew about this thing i would sell my wife to invest in bitcoin so i can make lots of money,but the sad thing is we really dont since were only speculating about what would be the prices for tomorrow,future will only gives us the right value in his proper time.

But youre right about the chart mate,we cant see positive movements and just the same on what ihappening this months

i may go down to 5k dollars, but i see this very unlikely to happen

No way to know for sure if bitcoin will revisit the strong support zone of low $6000s or not. I think the chances are low and it is more likely to go to $7-8K first.