Bitcoin Forum

Keep wondering  if bitcoin will stay above above 6k,whats your opinion?

Who will buy 8000 Bitcoins for $56,000,000 when it is high risk ??

There are people who bought 8000 Bitcoins for $3,200,000 when Bitcoin was $400

Well, maybe the market is trying to become stable. No one knows. The fluctuations and swings around $6k has been going on for about a week and a dip comes immediately the price rises above $6,200. Maybe we're getting some stability.

i'm also confused what bitcoin future at this year because of so many speculation came from different people analysis, anyway i still on side of bitcoin even  goes in the dip or up their price i stay support bitcoin and wait until firnish the fork correction.

Follow me bitcoin will soon come back.

A few months ago there were many people who thought bitcoin would stay at $ 10,000 and then $ 8000. This market is not stable and sustainable. Always place a small amount of your assets on a transaction. Do not all in. Nothing is certain.

I agree with you.
Many new users are in ''panic mode'' and selling quickly.
Also, we have many bad news and rumors about bitcoin now.
I don't think that btc market will stabilize this year so btc price can drop more.

Btc will stay still on 6k more other days or weeks and a revulution will be saw when many more investors go on together to revolute the graph to make profits whales will be soon present as u know it is summer and need to relax

unfortunately, we cannot be completely sure in both - positive and negative development of situation with btc. Far from optimistic information comes from different sources. I have read that the capitalization of crypto market in general has decreased to $241.7 billions. btc has lost 3,91% of its price (capitalization is $101.11 billion), Ethereum has lost 6,21%, Ripple 5,68%.. And if i am not mistaking, these changes have happened in June :(
But still, the amount of money is huge, I cannot believe crypto is going to its finish line. By the way so many people Have earned big money, I am sure they won't miss these opportunities. By people, I mean "the whales". I believe, they have a plan. Let's wait and see))

We also expecting the above 6k USD in future but Crypto platform is totally unpredictable in this situation. So better we should buy more Bitcoin it will similarly going to peak. Many good reviews are comes in Crypto platform may be next week some big hype is possible in market.

Nope, there is another dip coming within few weeks or days I think as per experts prediction. The next price dip will be like $5000 to $5500. After that Bitcoin will start its bull run and no one can stop it. I assume Bitcoin should be steady at this price like $6000 and then rise but in this volatile market anything can happen at any time.

We may be seeing miner cost of production theory at work. A LOT of people are convinced $6k is a key point in which miners are not going to let the price go lower, so this is starting become a very solid bottom, people are eventually going to PANIC BUY and that will result in the realization and acceptance of the fact that we are not going any lower, triggering FOMOs.

There is a MASSIVE amount of fiat waiting to enter Bitcoin after all the FUD we've had since the crash, they are just trying to fool you (once again) that "it will keep going lower". They want that ideal entry point but they may not risk it and enter the market at current price. It's dangerous selling now hoping for that $3k entry point to double your money, it's doable? yes, but good luck, personally im not risking it.

Bitcoin's current down deep might get to $5k, cause there has been no sign of price improvement since the deep started. And this is a very good time for new investors to come in, truelly, there is panic all round the crypto market, but its the best time.

There is no guaranteed answer for that as of the moment. Even if Bitcoin is on a downtrend it is still in consolidation stage as there is no clear signs of a reversal or a breakdown as of the moment. This is what they call a stage where you need to monitor the prices more rather than to buy and sell as it is risky to do so. But clearly if you are planning ti buy BTC the best way is through a breakout even though you didn't buy BTC at its cheapest buying it at a breakout is a sure and guaranteed way to profit as long as you have your exit plan.

at the moment, the cryptocurrency market remains relatively stable around the $ 250 billion region, the price continues to struggle to start any movement on either the top or the bottom. the volume of bitcoin at the moment remains low at $ 3.2 billion, the market is unlikely to be able to keep current prices in the short term. the market requires very strong volumes, spikes on the upper side for both small and large cryptocurrencies require strong momentum as well. Let's see what happens in this short time before the beginning of July.

I want the bitcoin to stay over 10k USD all the time atleast it is staying this place. God sake bitcoin should grow from this place to above more value mate. If you want to invest on the bitcoin you can invest on the bitcoin now.
You will be able to get the more value for 1 bitcoin around 2000 USD or more from it value now.

Well since we are speculating at this point I suppose BTC will stay at the 6k for few more days and then another downtrend can happen - I don’t think we reached the bottom yet

It's possible but unlikely looking at this point.

There is still no upward momentum right now and I think that a major bullish breakout at the moment is quite unlikely. It is much more likely that we'll correct down below $6k for the time being and attempt to find a floor at those levels.

There could potentially be some short term bull run, but at the end of the day, market sentiment is still extremely bearish right now. The $6.7k support from the last major dump is already broken, and I believe that it's only a matter of time before BTC goes $6k or under again (in fact, we already dipped below that momentarily).

well somebody keeps buying the $6k (and under) level, and on decent volume too. everyday, i'm surprised we're still hanging up here---i expected the descent to continue ever since that brutal breakdown one week ago. i'm really surprised at the lack of panic in the market when we went sub-$6k.

all i can say is bitcoin loves to troll us traders. this thing can go either way right now. risk off! :-X

we are going through very black days. is as if had played a curse on bitcoin and the only curse I see are some governments that are imposing severe regulations against bitcoin and against exchange, buying bitcoin has become very difficult in most countries of the world. I doubt that the price stay above $6000, the price will fall because there is no demand. will probably recover as regulation becomes smoother and attract institutional investors and many people may buy bitcoin very easily using your credit or debit cards

I think mentioning the time limit in your question is omitted, but it's important. If we talk about short period of time, i think the development of the situation will be flat, but we are going to see the fall of the price once again.

Most people are expecting bitcoin prices to rise at the end of the year. But I do not think bitcoin can increase this year. There are many experts saying that bitcoin will recover in 2020

Today's bitcoin price is $ 6100. I think the price will stabilize until mid-July. If there is good news for the bitcoin then maybe the price will rise to $ 9000. That's my guess.

Agree with your comments because, in the beginning of 2018, many well-known analysts say the bitcoin price will reach $ 50,000 in 2018. But now the price is $ 6000. I do not think we can tell exactly the price of the market will rise or fall this year

No one can give any guarantee about price right now as its moving around near 6000$ for some time and I am sure its going to stay here for next few weeks because right now no good news coming and most of ICO's are under cancellation or taking time which is also giving bad impression to crypto world but hopefully in end of July or start of August could be better

In my opinion, it is likely that the bitcoin will go down to under 6k, it will continue there for a long time before going up again. but it can go down more. It's hard to guess!

For now it won't at least even giving off that $6000 it was still coming back soon after. My prediction is it will even go lower than $5000 if this continues to go on. Keep wondering until your satisfied with the answers, the answer might be the same but we all have one in common to not doubt what Bitcoim can do.

it has already went down on the last few hours, so i think that everything is falling even more.
I think that we are gonna touch $5,500 during this week.

I don't think so for this month because as you saw the price goes down really bad so many new investors are do panic selling because of that so I grab the opportunity to invest at low price and hold to have more profit someday.

Everything is possible. The price rise can suddenly start neglecting what is happening now to the market. This has happened before. It might happen tomorrow. It might happen four years later.

Currently the price is playing around $5800 so I think bitcoin can't stay above $6k level for now. 3rd quarter is coming yet, the price are still dumping, we have a different situation now compare to the past years, maybe its my right time to enter the market now. :)

I hope that, i have only 0.01 BTC from them have 11k. And now try to earn some more.

None know what is gonna take place further, each and every user has made their minds with expectation of reaching above $10000, but market is not moving as expected. Now the price has gone down to $6000 and nearing $5900 and there is no negative news around. Unable to analyze the truth behind the fall.

going down to $3k soon! nobody going to pay $20k for a bitcoin, its overvalued!

looks like the master troll has chosen direction. epic spike heading into the daily candle close!

https://i.imgur.com/HgiIgLl.jpg

that's now two strong attempts to sell off that have been sternly rejected by bulls. good evidence that sellers are starting to lose control. i'm starting to believe this might just hold the $6k level and start bucking shorts!

Price predictions do not work in this market. The price can reach $ 1,000 or $ 50,000 either. Best strategy is to be prepared for every situation. There must always be a second plan.

The price of bitcoins has already decreasing to $5.8k dollars yesterday but still it managed to grow up immediately to $6k, it only means that whales are just waiting for the price dump even more before investing a huge amount.

I say yes, but the problem with holding $6K right now its that is hasn't had that much support, imho. And we all know that once is broken it will fall like dominos because other follows and panic. And looking at the current price, it looks like it didn't hold that much in the last couple of days. I think we might be heading for $5500. But look at the bright side because bitcoin is getting quite cheap now a days and its a perfect time to stash as long as you can.

Yesterday the orice goes below 6k dollars but now or today they already up above 6k dollars again. I think this is good for the bitcoin even they have a lot of challenge they have big chances the price to increase and no one can stop it because we are here to buy and hold our bitcoin.

It depends, it might stay stagnant or keep pushing downwards.  We shouldn't just predict something instead we must also follow the trend. There are people who lose already half of the value of their coins but they don't stop to hold it and believing that they will recover it and will soon get their profits.

My opinion is that bitcoin is going to stay above $6000: because it has fight for the past few days to remain above $6,000. Though in this market anything can happen and bitcoin can fall below 6k but base on technical analysis I think bitcoin is going to remain above $6,000.

For now I dont think it will stay above $6k but some speculated it will go down to around $3k. And maybe once it hits that amount it might skyrocket then after or hoepfully recovers before the year ends.

I agree with you something ideas but i think it never under $5k because nowaday it is developing again. Maybe it can go up $18k and even if more.

The current price of Bitcoin is 6k dollar which is still a very low value and we need a better market because it took a very long time to recover even a little and even if the value would cross10k dollar then this would be a fine price. as we know that low price market is better market for buyers so the demand rate will increase and we will be having a better value soon.

It may stay above 6k dollar and may not the actually we do not know what will happen next and can expect for better situations. The price this time is 6.3k dollar which comes after a little improvement in the market from yesterday and even this little improvement has great importance at this stage. If it maintains its improvement then situations will get alright in future.

In my opinion, the prices of Bitcoin have started recovering and might not fall again I hope. This was the lowest value the Bitcoin could fall and will not fall below it any more because it recovered twice from the value below $6000. But the role of Whales in the market that causes the price manipulation can also disturb the market equilibrium. No matter what happens, the market is dynamic and will recover soon.

The chart pattern has improved and sooner or later the bitcoin will go up again. Evidently now the cryptocurrency market has increased and almost everything is green. I guess this is a bullish sign that will happen in the few days ahead.

In my view surely it will stay above because it almost green now and as we see it gradually increasing. Which is for sure in my opinion on this mid of July or before this month ends there will be a good performance again of the market .

probably yes because it's been how many days  and until now the growth rate is still keep holding on this stage and it's showed already a little bit progress which perhaps a sign it will increase more soon instead of decreasing .

Yeah, this thread was opened when bitcoin price fluctuating between $5800-$6000 so I wouldn't be surprised about the earlier replies saying that it might not stay because of the selling pressure. However, since the start of the week, bitcoin seems to be rallying and even touches $6700 on some exchanges so I guess the sentiments has made a U-turn and we might see the price attempting to go $7000 if the consolidation is strong. So I will say that resistance $6000 or below is strong and hope that this sort of rally will be a good indication and motivation for more investors to come in at this point and set the bar at $7000 and then let's see how it goes.

It's staying for awhile at $6,000 and it will go above it maybe a week or two.
Yes, it has been impressive since the past weeks. That gave me a good nap after many weeks of watching the market and now I'm waking up that has nothing to worry about.

Well a lot of experts and analysts as well are predicting another big drop to around 4k this year before the expected bull run. For the mean time, the greens in the market are giving hope to a lot of people holding their btcs and alts.

I wish it should be withstanding this $6k as stop line for this year but I saw the price went down to $5.8k. The resistance broke from $6k was not permanent and the price of Bitcoin rise immediately to almost $500 within an hour or two I think. This is the nature of the crypto market and anything or any price can be met within a short time.

In my own opinion, bitcoins will start to move up to $10k dollars starting this month because most of the people are reacting positively about the market and they believe that bitcoin price will continuously increase up to december.

We could even go lower than 6k with the recent trend I dont think it has reach the bottom yet nor it has reach the moon too so there so much room for possibilities so lets hold on tight for the ride!

Bitcoins minimum price was the 5900 usd and henceforth I believe bitcoins price will continue to stay above 6000 USD if at least it won't go above 7000 to 8000.

That's not even the lowest, some said that it can go as low as $3,000 before it jumps up to $20,000 or more. After celebrating with the greener days and now the market has been red again which everyone makes our eyes don't want to look.
It was $5,800 for the lowest. I don't believe it won't reach $7,000 or $8,000 soon.