Bitcoin Forum

With mixed sort of news coming, bitcoin fell sharply last 24 hour breaking all the so called resistance point of 6500 and 6300 to reach around $6K.
Where next? Below $5K or rise back to $10K?

not all predictions and willingness can be achieved, sometimes not in accordance with our expectations. the market is very sensitive, everyone is worried and maybe investors are hesitant to enter the market today. the downtrend or bear market continues and I'm sure the market will not stabilize in the near future.

It will be probably caused by some efforts of large-scale investors to manipulate .Through the futures market, institutional investors and large-scale retail traders manipulated the market to cash out short contracts by purchasing and selling massive amounts of Bitcoin in a correlated manner. Market is hard to predict, everyone is expecting a strong recovery from the market.

It is difficult to give any forecasts about the course.I hope he will recover.Let's not panic. let's wait a little.

It is really hard to predict this market. Anything can happen in the next instance. But I really hope that the price will not go below $6k and will start recovering soon.

$17B gone on the total crypto market cap.

Gladly it stayed on $6,000 and I wasn't able to see $5,900 but some price tracker put that mark for bitcoin's price. We have to be positive that the next price will be back to $10,000 as soon as possible.

the upward trend will not start. It started to look like a dick and the market started to fall. If so, most investors seem to quit investing in crypto money money and go away

Is world cup this year can affect Bitcoin or cryptocurrency price? I know Bitcoin price is still unstable which I thought that a few days ago was the cheapest price but my speculation was wrong.

Sad to see this drastic drop in the market cap. I think Bitcoin might fall even further and will begin recovering by the end of July and will start an insane rally sometime in August. This is simply my gut feeling and I don't base these predictions on any sort of analysis whatsoever. We all are aware of the risks involved with this cryptocurrency market due to its extreme volatility. In such bear market conditions, I suggest going out and taking a breather since watching the charts and trying to predict what will happen next won't help much in this market.

Now the market for correction and therefore you can not worry about the fact that the price of BTC falls but hope that after a while everything will adjust and go up

It's a hard one to predict these days. I thought leading into the end of June, the start of July we would see a bull run, but it's not looking that way. Lucky i'm here for the long haul or I might be stressing out by now. To be honest I see lots of positive news most days how blockchain is being used around the world, so it's only a matter of time before the price heads north again.

I do not think it is worldcup, i think the speculation surrounding coinbase lately, the fraud activity on some exchanges announced. The murder attempt on mccafee and more other negative news which has baulked the trend and forced people to dump naively

Every price will pump up soon and we just have to hodl and biy the dip if we can afford it.
Thats all i guess.

I don't think World Cup has anything to do with it. Yes, it steals a fair share of attention from crypto, but in terms of money flow it doens't affect crypto.

the current situation is bad, maybe the price of Bitcoin will fall to $ 5.8K and I hope there is strong support at that price

Maybe it could affect the use case of Crypto for betting, hotel payments, booze, etc. I think the use case of crypto will grow during the world cup but, I doubt it could affect the price drastically

That's not good news.
In my opinion, the price of bitcoin will fluctuate in the range of 6K to 7K in the future, because there will be a lot of people who choose to sell tokens through repeated fluctuations in the range.

No one can estimate bitcoin prices with certainty, everyone can only assume with the current market conditions are down, I think this is a good opportunity to buy bitcoin, because I believe Bitcoin will increase in the future.

Hi, I think the bitcoin will continue deeply drop to 5500$. The market cap remains only ~billion 255$ now! We need to wait at the end of this year to recover the market!

Famouse prediction is this year low will be 6k and high 60k.
It was below 6k for a while, then bounce back to 6,1k. I hope this is the last low and bullish in the upcoming weeks.

Technical analysis don't work. At least for cryptocurrency, it don't. Though most of the price changes are speculations. Some are emotionally inspired while some are driven by large investors.

Guys, it's okay, let's not panic, now the time is coming when technology develops and evolves and regulators of different countries try to find an adequate way to regulate this market (states that are negatively disposed of in bitcoin's very little).
We can not say how long this will last, but the crypto-currencies are not going anywhere in our lives, they came here seriously and for a long time!

As long as the bitcoin will not break another resistance below $6k and i think that there will be another chance for bitcoin to increase again. It looks like the bitcoin will be so easy to break the resistance but remember this depends on the bitcoin trend itself. If you are seeing the whales has been creating FOMO and the pump will have started.

It normally happens since the huge drop in price last december and the start of this year happened, it will recover a bit and will drop again and same thing is happening all over again. But I'm not worried because as a trader, I can still make money from this kind of market condition. Below 5k or back to 10k usd? Honestly no one can give you an answer to that since cryptocurrency market is pure speculation and there are still no studies that can prove that price can be predicted by an analysis. We have seen Bitcoin price go up to almost 10k usd, and we can still expect that it can still recover, so why not just buy the dip?  ;)

It's hard to predict bitcoin price right now because market still unstable, maybe bitcoin price will drop below $5K or also have chance rise to $10K, I don't think FIFA 2018 will affected cryptocurrencies market price, I only knew that Bitcoin price will affected altcoin price, Bitcoin is still young and the price is always changing, so things sometimes happen that nobody can predict, remember never invest more than you can afford to lose

I have no fear of further price drops. This quality in bitcoin annoys me but I'm already used to it. Sometimes I even make money on volatility. But trading on the stock exchange is not my main income. I have long since returned all the money invested in bitcoin so I can afford to keep calm in any conditions.

It was pretty messed up right now, bloody markets this month as the large dumps take from $7600 to $6700 then followed by this one which is fluctuating around $6000 to $5900, I thought it will stabilize to $7000 as some people are saying it will take a huge upwards this June but the opposite was bound to happen, well it is not the end of June but we should not fully expect from unpredictable market to turn the exact things.

I see more descending again than going up, seeing the trend at the end of this week cryptocurrency market is filled with negative news and make bitcoin prices weaken. Yes maybe the bitcoin price will be going down to the 5k price in the next few hours, this will make the user panic and sell bitcoin. If the negative news coming to cryptocurrency is a hacked exchange this will make the price increase will take a long time, to make investors believe back to cryptocurrency.

It actually pinned it a little below $6k but some little wick with nothing so interesting as there was no volume on bounce and apparently, this market is set to go lower except a miracle happens.
A downward channel has formed tracing from 5th of May when we had the test towards $10k, and with that, I presume the next test should be around $5500 and possibly a bit downward before another possible bear flag formation or a bounce. Time will tell though which one plays out but in summary, with the sell volume, this is going to be a long one to the downside.

Rise back to $10k? Not yet bro! At least, nothing depicts that yet as the bears sure shows they are strictly in control and maybe the bulls are just somewhere waiting for the best moment to strike back but does not look like any time yet. In that case, I see us going lower than $6,000 but how low is what we will get to see with time.

First mindset should be investment so don't look at now but the future, the market will still be stable but is all about time

yes it is currently the price of coins are down and down. not just bitcoin, ethereum is in decline. and perhaps many investors are not willing to enter the market for now. yes as we know this is a risk that must be accepted if investing in the world of crypto. I am sure the market will not be stable in the near future.

Everyone has been dismayed to see this drop but if you are also aware that this can be the time to stock more bitcoin on your stash, you don't have to think about it. This fall has been long since the beginning of this year and you want more of it, please stop that's too much already. We have more hopes for the next months to come and I've read some TA's but I don't trust them that says the same thing that by the end of July up to the next months we should expect some recovery.

This is a test for investors! The weak hands continue to be thrown out of the market! You just have to wait! Growth will be! Question when ?!Do not panic!

This drop clearly suggest that bears are still dominant in the market and their are no significant signs of reversal or bulls yet which everyone is eagerly waiting for looks loke market will clear all panic sellers and weak hands before starting its next upward wave.

I don't think the price will go below 6k and gradually the price is going to be increased.

Of course it is difficult to predict what will happen next with the price of bitcoin and other crypto. Of course hope will be different, some expect to rise or fall, but hope sometimes does not come with us, and certainly must be prepared and not panic with the worst possible. I hope the market price will quickly recover.

The price of bitcoin has been decreasing continuously over time. I started worrying it was half lower than when I bought them. But I kept persistently waiting for the price to rise. Since I do not buy bitcoin anymore, I will switch to investing to buy ETH to try my luck.

The only reason that makes ethereum declining its price is bitcoin, you see, the price movement is exactly the same as bitcoin meaning that people still think that Ethereum is not totally independent to bitcoin and I'm pretty sure that panic seller started to cash out to btc when they see the price of btc going down.
I don't know when this bearish market will be ended but I just hope that when it ends the price is just not too low that it took so much time to just recover.

Yes, it is true that the BTC price has fallen again. But I hope that it will not go below $5000 USD. Moreover I also believe that the price will rise up now and it will be stable within the end of this year.

I think that the market will turn in early July. A lot of positive news is ahead and this fall is planned. Closing of semi-annual futures, opening of the exchange from NASDAQ. I think that the turn will be sharp, and everyone will be afraid to buy.

many also in bitcointalk discussion forums that complain about this problem. yes of course this is a risk that we must face when starting to invest in krypto market. the positive is that we can start buying more coins at a low price in order to get the maximum profit when the price back up. with a lot of coins will also make the price back stable even though it must wait long enough.

There are always bad news and price is down every month. It will probably better than that. I believe the future but I have earned more than I act hastily

Still on it's downtrend movements, so we are much closer to hit 5k$ instead of reaching 10k$, but who knows what can be the movement next week, those negative news really affects the value because of those panic sellers are also selling their coins and make more impacts.

Now i can not predict where BTC and other altcoin will go in short times,  my purpose just make investment by minimum 1 years, i believe in next 1 year the price will explode. I think bearish trend is not all the times,  will be any times for crypto also to going up and  bullish trend.

Might it be caused by the world cup?

Nobody can predict the bitcoin price as this is too volatile in nature and I would just hope that this downfall will end and somehow push the price higher to have a good market condition. Although recovery will need enough time we just need to be patient to wait for the best price.

I guess the next target is 4k8, but it might not be the bottom we wish. There is still a long way until bitcoin price can reverse.

The next resistance is 5000-4500USD. That doesnt mean that we can´t go through  ;D. The market needs to be cleaned from the money of weak hands.

Bitcoin's price is hard to predict, because most investors are now more keen to invest in other cryptocurrencies, which will allow them to reduce their investment in Bitcoin and cause bitcoin to continue to fall!

Unfortunately, that was a bad thing to see in the past few days. ~ 40 billion market capitals were blown in one day. and there is no sign of ending. Bitcoin has slipped past 6k in the past few hours. This is the lowest price after 3 consecutive fluctuations this year. Hope is a tragedy of the market.

It is difficult to predict. many of the factors that determine whether the course can go up or down. Perhaps many people predict will begin to rise. but of course, the possibility to go down will still be there. hope only the best for the profit that could be obtained. of course, everyone is already restless as the decline continues until today.

I wouldn't be surprised to see Bitcoin fall below the $5k mark and get closer to the $4k mark, but this entire market can shift in a matter of minutes and Bitcoin could get back to the $7k again. This is how extremely volatile this cryptocurrency market truly is. I remember Bitcoin jumping by $1000 in a matter of minutes in recent times where there was no conclusive reason to explain why that happened. Don't worry about the value dipping too much.

I hope this will work, to be honest I saw some people are very panicked a few hours ago because of this, let's see the bright side, many people are buying some coins with a large enough amount

It really hurts seeing price consistently low since the beginning of the year, but again you will only loss if you convert all your cryptos to fiat this time. It doesn't make sense that despite of bullish news markets are so negative maybe whales are just setting traps.

Today is still a red fire day with Bitcoin and altcoin! Most digital coins are discounted! Bitcoin risk of $ 3,000 in the near future can happen!

I know Bitcoin price is still unstable which I thought that a few days ago was the cheapest price but my speculation was wrong. BTC will return $ 3k - $ 4k, so be sure the altcoin will continue to dump in the next few months. There will be panic, psychological fear from investors. And this is the best time for you to buy crypto. The dump will be a very powerful bump. By the end of 2018 BTC could reach $ 20k.

Bitcoin has reached the lowest point of the year today. The $5800 may not be able to support tomorrow. The next support price is $4800. If the current decline, it will soon drop to $4800.

We could really never know. We all know that the market for cryptocurrency is volatile.
However all we could do, is wish it will stick to $6k. and doesnt hit below $5k.
But in the end of the game, the real affected are not only the bitcoin.
But almost all the cryptos. Lets just wait and pray it would pass this critical situation.

I think we will test 5300-5400$ range and if it breaks, 4000$ range. Also, the RSI is going up and the price is going down, strangely

Bitcoin is asset, that has some value changes of 10% ! You have to accept that if you invest in Bitcoin, it is has a very volatil and not Pretty stable value (at the Moment ) !

Market is down. I'm scared about it, hope it returns again it's right position...

Odds are ~$4000 for 2½ years or so.

the resistance on $6k usd is already been broke. and bitcoin is now below $6k, I think it will last for more weeks, because it will be tough for it now since the resistance is continuously breaking.

It is hard to see bitcoin's price is falling. No one can predict the bitcoin or the cryptocurrency market because it is volatile. It already reached it's lowest price since january 2018 but i still believe in bitcoin that it will bounce back again. Never lose hope. Many investors now are willing to invest.

not always our expectations are met, the market is very volatile, I think not all investors are ready to enter the market, so it is believed that while this situation will be for some time.

I think that the cheapness of bitcoins is due to the lack of demand from investors. This has already happened with bitcoin and in the long run the market has a chance to recover by itself.

until the cue ball is determined and will not be regulated, the price will float as the waves. we are waiting for positive news

It's a pretty brutal semester, if we just look at it from this year's price range. But do not forget, last year we experienced fantastic things, and I think the market should be balanced because the community also does not grow too big. But I think if everyone is on the positive side, then the upsurge will happen soon, because the news that comes will not be decisive unless we have confirmed.

There is not much to say at the moment, because in reality the situation is completely unpredictable. But of course coins like Bitcoin, can jump as fast as when corrected. And right now, I would prefer to be at an angle that supports the rise, because I suppose, if the price is close to $ 5000, then a lot of communities will go to Bitcoin.

Looks like you mean the point of support. Indeed many positive and negative predictions, especially on crypto like Bitcoin. Due to the fact that when Bitcoin fluctuates quickly, almost all Altcoin follow. So I am more supportive if Bitcoin will return in the range of $ 10k, because if crypto grows back, then Bitcoin will get the first time support.

In my opinion, the likelihood is as great as going down 5k or rising to 10k. So for the current price range, buying Bitcoin will most likely be a good business for the year, at least if you hold it until the end of the year.

A lot of speculation and prediction, from 2k to 20k for this year. I think the news from the outside is quite influential on Bitcoin, and crypto in general.
But this is already the middle of the year, and Bitcoin prices have been corrected about 70% of the highest price.
So I think the odds of returning at $ 10000 are greater than the price drop below $ 5000.

Currently, the prices or Bitcoin and all altcoins are likely dropping down quickly and easily. All red compositions on the market. However today, some coins are rising for green. It is a good move. Hopefully, at the end of this month, the price will be back again to be green. Many people are starting to be panic. Just be calm and patient for your success.

The market of crypto currency is very dynamic as well as unpredictable. What we see today will not be the same within a few minutes even. The market is in fact very price sensitive. Predicating or forecasting the price is not possible. This is like a gamble and all we can do is hope it’ll recover.

It is not a good news for bitcoin. But price fluctuation is a common character of this market. Investors are known about this and they are also smart because they still invest on bitcoin. Because they know bitcoins price will raise in near future.

I saw several charts in the telegram group said that BTC price probably below $5K.
So, I hope you guys setting a stop loss for now.

Don't worry about Bitcoin price falling cause as I can see there will be a big dump very soon cause crypto market just received more than 250m USDT so I think the whales are going to collect good cryptocurrencies to prepare for a big pump. Try to hold all your BTC and other cryptocurrencies as long as possible :)

yeah it dropped by 500$ in last days but i think it will rise up more than it drops.

Many guys were predicting, that Bitcoin will go so deep, so it is not amazing, but anyway it is sad to face the price so drasticaly plunge down.

The difficulty is when we can buy at the dip, sometimes I bought when I thought it was deep, but then the price falls again and make me just holding it


Yeah I thought that a lot of peoples will use crypto for betting, but maybe you're right.

The market is very unpredictable this year. It will be likely caused by a few endeavors of expansive scale financial specialists to control .Through the fates advertise, institutional speculators and huge scale retail brokers controlled the market to money out short shrinks by obtaining and offering huge measures of Bitcoin in a corresponded way. But the market will turn soon positively.

It seems to me that too sharp a drop in prices is due to the fact that now there is real possibility that Google will indeed prohibit advertising of cryptocurrencies..

Why you guys only complain about Bitcoin price decreasing? You guys should know that there is nothing can increase all the time. Beside at the moment why don't you create one more thread to talk about Bitcoin price has increased more than $600 in less than 24 hours? Maybe you don't mean but you're spreading FUD and make all other guys panic :)

Now i can not predict where BTC and other altcoin will go in short times,  my purpose just make investment by minimum 1 years, i believe in next 1 year the price will explode. I think bearish trend is not all the times,  will be any times for crypto also to going up and  bullish trend.

Over the past few days, there have been a few positive news on the crypto currency, which I think will push the price of bitcoin upward. So for now, do not sell anything.

I think not all predictions or estimates are always correct or acceptable because the crypto market is very fluctuating, especially with the issue of making the price up and down very quickly, for example today the bitcoin and alt prices go up then 2 more days straight down, I guess it will continue occurred until near the end of the year.

It is not necessary to think that everything is too bad and leave the crypt, because now the main thing is to survive this dump and everything will be better

I do not understand this either, every little fall in the prices, you come here and see people complaining about the price like they are expecting the price of bitcoin to just keep growing and stay up forever. That is not the case, there will always be times when the prices fall and no matter how low it falls, no one should panic. It will recover.

The Bitcoin will not be able to pump in the near future and I think that the rate will continue to fall because the information background is very unpleasant.

Yes it is the fact. bitcoin price can drop very easily in one night in that rate. But, the price is also able to rise or increase quickly in one night. It means that the price of bitcoin is very volatile. We cannot predict 90% true for today's price. Just follow the market and let it drop or rise over.

I don't think this is about complaining only on bitcoin price. But when you think of it, bitcoin is almost the coin that represents the whole  crypto market. If it goes down, there's no way everything else goes up.

With the current situation of the BTC I think it will reach the $10k level. If BTC breaks current resistant level then the chances are higher for my prediction.

Bitcoin's cost is difficult to anticipate, in light of the fact that most financial specialists are presently more quick to put resources into different digital forms of money, which will enable them to diminish their interest in Bitcoin and cause bitcoin to keep on falling!

I wouldn't be astounded to see Bitcoin fall beneath the $5k stamp and draw nearer to the $4k check, yet this whole market can move in a matter of minutes and Bitcoin could return to the $7k once more. This is the means by which greatly unstable this digital money advertise genuinely is. I recollect Bitcoin hopping by $1000 in a matter of minutes as of late where there was no decisive motivation to clarify why that happened. Try not to stress over the esteem plunging excessively.

it is very difficult to predict the increase in prices over bitcoin, but it all depends on the number of people who buy, because from yesterday I saw very many who sell bitcoin so the price has decreased, for the next I also do not know whether to go up or down.

Fluctuations have become commonplace, but if the decline happens very deeply there must be the right steps to deal with it. Although it is currently difficult to predict the crypto market, I think bitcoin will not drop below $ 5000.

What i sort out is thatthe only reason for bitcoin price decrease is altcoin trading signal groups.
I have subscribed to a few trading signal groups who always encourage their members to withdraw from bitcoin and trade against it for altcoins

numerous additionally in bitcointalk exchange discussions that grumble about this issue. truly obviously this is a hazard that we should confront when beginning to put resources into krypto advertise. the positive is that we can begin purchasing more coins at a low cost so as to get the most extreme benefit when the cost back up. with a great deal of coins will likewise make the cost back stable despite the fact that it must hold up sufficiently long.

My opinion, Bitcoin will remain on range 6k-7k until good news about ETF is coming. It can deliver Bitcoin to about 8.3K and when it is approved, Bitcoin can easily back to 10K USD. I believe, Bitcoin could reach 10K USD by end of this year.

I think that Bitcoin's drawdown and most altcoins are temporary and now the main thing is not to panic. December - $9k

Can we stop worrying about the price of bitcoin for a minute? Yeah, I get that it might be a difficult thing to do, but we all need to chill with worrying about price of btc. Let's try to be more patient, because the market trend will continue to be like this at least for a little more time. Let's focus on making something out of this market.

I've deleted the APP that checks the price of encrypted currencies on my smartphone today, and it's very hard for individual investors to make short-term profits in the encrypted market in a long bear market, so I chose to wait.

I think that Bitkoyn - it's temporary, like most Altcoins. To date, Bitcoin has grown by 3.56%, and 6,667 dollars, about which I think below, will no longer go.

It will likely be most likely brought on by a few initiatives associated with large-scale traders to control. With the futures marketplace, institutional traders, as well as large-scale list investors, altered the marketplace in order to money away brief agreements through buying as well as promoting substantial levels of Bitcoin inside a related method. The marketplace is actually difficult in order to forecast, most people are anticipating a powerful recuperation in the marketplace.

It's going to be almost certainly a result of a number of attempts involving large-scale people to manipulate. Over the futures market place, institutional people along with large-scale full price merchants manipulated the market industry for you to income out and about small legal agreements by simply getting along with offering huge degrees of Bitcoin in a very correlated fashion. Marketplace can be challenging for you to anticipate, so many people are ready for a substantial healing through the marketplace.

That is usually what happens but so far the price of bitcoin has managed to stay in the same price range and now the price of the coins is back up to where it was coming from, I do not think that there is anything that is better than what bitcoin is doing now. It is very good to see this. We just have to wait out the market and bitcoin will get back to better prices

It'll be possibly due to several endeavours regarding large-scale buyers to govern. From the futures industry, institutional buyers and also large-scale store dealers inflated industry to be able to funds out there quick deals simply by acquiring and also marketing enormous numbers of Bitcoin in the linked way. The industry will be tough to be able to foresee, many people are planning on a solid restoration from your industry.

That is the sad truth about cryptocurrency especially coins that has a bigger value and highest demand. Because the price of the cryptocurrency is not like the physical currency or fiat that its price will not go down easily. Cryptocurrency price are volatile.