Bitcoin Forum

Chances are high, what do you think about this folks?

I don't think that it would fall below 5K as it has not gone below 5k in last 10 months and for last five months, it has maintained a price between 5.5K and 9.5K.
In my opinion bitcoin is in a stable phase and is preparing to have another bull run.

Joke of the day. It will never be happen in future. According to me, Bitcoin maintain its level and never go down below 5k. by and by it will increase to 10k or more but never go down to 5k.

As more and more mining machines are released with efficiency upgrades the price should continue to fall. As the cost to mine decreases.  Ideal system wouldn’t be profitable only break even when your worrying about costs of transactions.  

Honestly with the way things are going I’d like to see it dip down below levels that which the huge farms aren’t profitable. I’m seeing this is going to come into play in the near future.  Avalon has built mining heaters and tv. So you get something out of the waste I guess lol. Just adds to what your already burning but that’s not the point.  Point is they expect it to drop below the levels of which it will be profitable for most to mine at large scale.  This leading the vision of creating tv and heater so that at least you get something out of your door stopper.  I’d be very careful.  Maybe look to other investing ventures.  This one to me is looking washed up as far as you getting rich.  Maybe little late. But anyway your left to make your own decisions.  What do I know.

BR

yes chances are high to fall to this level. And all analysts predict a fall. But how will I not know, maybe there will not be a big fall or will be.

As for now it will gonna go dump in this month.
But it will started again in this year of september so think positive always and hold of your bitcoin as of now.

I don't think so. $6,000 might the lowest before it makes a great climb entering the bull market period. Following the same pattern last year.

Great time for long term investment. Time to buy your bitcoins now.

6000-6100 very strong support line is at bitcoin, it will be extremely difficult to break this line

I think the price will just float within the 6k mark. It's really saddening that the price decreased again in just weeks. Let's just hope it won't drop down that low and just be patient and see what can happen.

I think that the fall to 5k $ is also likely, as well as the growth to 10-12k $ now. In favor of the decline is the fact that the market has not yet had time to test this level from above. And in case of negative on ETF, it is quite possible to implement the scenario of the fall. At the same time, many people wishing to buy a cryptocurrency, therefore, it is possible to grow up to 10k or even 15k. Above is already unlikely, since fundamental growth factors are not enough. Cryptocurrency is still a speculative instrument.

It remains to be seen what will happen to to BTC and the crypto market in the long run, nothing can be predicted especially when it comes to the direction the market will go, but there re hopes that the coin will not fall further than it has already. BTC iis a strong and valuable coin that has gone through a lot already, it will get over this

The last 8 months of bitcoin is not sweet, but below 5k will not fall for the simple reason that whales will not allow, and I believe in it unlimitedly)) and let's look at the graphs of the past and pray)

It chance to get bitcoin it will be rise  my advise buy bitcoin

i think it couldhappen this month, but maybe never less than 5k$, maybe around 5.100$ the lowest point will hit this year.

Oh, it has fallen a lot today. I don’t know when it’s going to the bottom. It’s estimated that many people’s confidence has begun to waver. I don't know when I can get out of this market. I look forward to getting out of this market as soon as possible.

I do not know to be honest as the markets are so hard to predict right now but one thing is certain, bitcoin did not hit the bottom so bottom incoming? What are your opinions guys?

I've denied and rejected that is was possible until this morning. I think we will slowly slide to 5k before we recover. Many alts will probably perish in the process which could be a good thing in the long run.

I left the forum because of high stress from threads like this. Best thing I did! I no longer worry about the price crashing. Just sit through it, grass is greener on the other side.

I think if there is anything reasonable I have learnt these past months with the trends in the crypto-currencies market it is that anything is possible. The market can go up and it can come down depending on the intervening market factors.five thousand price point is a possibility

Earlier I thought we were on upfront trend after green color in July, but the current situation makes me think we should be ready for everything, even for $5000.

i really doubt Bitcoin can fall down to 5 0000$. I think 6 000$ is the lowest limit. However sometimes crypto market doestn correspond any logic and can bting any surprises..

Bitcoin will not reach 5k levels again.  The support is too strong near the 6k level. In my opinion $6000 is the lowest it can possibly go in this bear market.  We are reaching a point where miners have razor thin profit margins and they will not sell at a loss.

In my views, I don't think it will go down below $6k level as this has been predicted before but it just maintained at the $6.2K level within the year. I believe that btc has been recovering fast in the last few days and most likely this will further improve its market price value since the expected huge bull market has not been experienced yet and I think it is near. Let's just wait in the coming weeks to come.

Like all the other's opinion Bitcoin has not fallen to that level before and hoping that it's not going to go down to that level, there are a lot of good news about Bitcoin lately but surprisingly the price is not going up it's the other way around, let's see how it goes before we head to the last quarter of this year.

Analysts predict a fall below 5. But I think bitcoin is already relatively stable and should not fall below 5. But that's just my opinion. And I think that by the end of the year it should grow dramatically.

That is just way too much.
We have all seen how it fluctuated from 6k then back to 8k for just a couple of days.
Now here we go again.
It is just going back and forth just like before.
I am looking at another increase next week although there is no basis, it is just how it moves.

Well, though the price is still not stable as it still fluctuates but I do not think bitcoin will fall to this price before the market will recover fully from the bear market.

I think Bitcoin never fall down under 5k. Don't panic bro.It's  slow down and touch $6300-6500.Now wait and see what happened. Bitcoin has ability to recover market only few days.

That's a bad thing! Bitcoin is reduced to only 5k, the investment in bitcoin will be less. The bitcoin I am holding do not know when new sales and words or holes are not known. I hope the bitcoin will quickly rise again.

As far as technical analysis. Bitcoin will go down to 4,800$. The panic of investors after hearing the SEC continues to delay the ETF. It seems they are looking forward to this event and causing the market to become chaotic

It is possible, but last time BTC falled to 6 k, eth was like 700$ and no it is just 370, this really bother me, because my income is in ETH. In general nothing serious happened, ETF just postponed decision, so what? crypto have been developing and rising even without ETF adoption

Bitcoin gets pump to the 8k rate caused by ETF rumour and then this time those people and traders are selling for the news. I just waiting for another rumour to be appeared and then it could be the best time for bitcoin to get another pump again. This is the same with the last year chart when winklevoss ETF gets rejected.

ETF rumours are just for speculations. it was rejected last year and will be reject again in this year but whales use this new and they make panic on market. and i guess that movements not only caused by whales. i think exhanges support that movement with their budget or support with codes on the price chart.

that is bitcoin prices are not fixed so you don't need to be confused when people say bitcoin will go down to 5,000 $, there is an increase and there is a decrease. maybe a lot of bad news lately has made bitcoin prices go down, but it has become a normal thing

We are witnessing an aggressive fall of our flagship ! Possible drops I think but the reversal is very close.

here is the current price of bitcoin $6,502.21 so there is every tendency that It may fail down to 5k but some news will never happen.

Well I am hoping that this will happen since the aroma of dip becoming more wild. If that will happen I can buy cheaper to very coin that I have on my list. This is the time that I am waiting for to fill in my bag and I believe this is what the others want to while the others are struggling of holding.

I think that is likely to happen, and we must be prepared to see the reality that bitcoin will be under $ 6,000. it could be this month

I've been seeing people mention that the bull market is very near or that BTC is going to reach ATHs this year etc and yet here we are, slowly dipping once again. At this point, all I know is that we know absolutely nothing about this market. It's very unpredictable and anything is possible at this current stage. Will it fall below 5k? I hope not but if it does, then I'll continue accumulating all the tokens that I firmly believe are good long term investments.

"Without the possibility of risk, there's no reward".

Here's to hoping for a brighter future.

I think that there is such a possibility. If this does not happen in the near future, then probably never will happen. Because when Bitcoin's growth starts, the BTC will reach completely other price levels.

I do not want to think about such a bad situation, now the value of bitcoin is not stable when the bad news continuously. If the bitcoin is down to about $ 5000 then it will drop sharply to $ 4000 to complete the cycle before it can grow again.

I do not think so . And hopefully the bitcoin will not get back to $ 5000. After the SEC delayed ETF approval, the bitcoin price has plummeted sharply. But I will stop at 6k $ is a very strong resistance.

well I think its price will only drop around $6000, and it will be the lowest, it wont drop lower than $6000, but lets just wait for it of how long does its price will drop. its better to wait and to be patient.

Most likely that could happen, if you look at the current decline is very fast worrying to the current level of $ 6500, whatever the result is a good achievement that can be purchased with opportunities at very cheap prices, save more before pumping again, I believe in the future which is very good and believes that this year is a very difficult time for cryptocurrency, many predict that next year will be better than before, it will have a positive effect on users around the world.


Yes, if so, you remain on your own beliefs and are not affected by news that spreads the FUD.

I didn't check price for couple of days and I have to admit I am very unpleasantly surprised to see bitcoin again at 6500, i don't think it will go under 6000, it will drop near 6000 and it will go up again. This kind of movement is usual in last couple of months and I don't see why should it go deeper than this.

i don't think bitcoin will be fall below 5k level ,6000 is strong support line and it is hard to break this line,it is good opportunity to buy bitcoin it will be rise soon

hopefully not, because it will greatly affect the value of all altcoins. I think the market will try to survive in every slope that happens, but every possibility can occur. so let's wait

Looking today on the market then I think that really is so real because prices just fall to the bottom!

I very doubt in such price of Bitcoin, because ETF funds decision not so far - it will be on 30 September, and many people consider that the decision will be positive.

In my opinion, in this world nothing is impossible things that can do, and it also applied in crypto's world. If we see in the coincapmarket, the value of bitcoin still decrease everyday and for today the value reach $6,490.99. So, maybe it is possible that in this month the value will be decrease again. But as an investor in the cryptocurrency, i hope the value of bitcoin doesn't decrease again and reach $5K.

we can't easily tell that bitcoin might drop to $5k, but if this happens, bitcoin will surely drop more than that, depends on the situation of the market.

I don't want to break it to you but there's a high probability that it will. It is resisting the 50 MA weekly and a breakdown from 5755 may happen 3-5 weeks from now. That's the one scenario. We can't take out also the probability that this will hold and break another high at 8516.


https://ibb.co/mepJbK

A lot of things can go through this year about bitcoin. Hopefully it will not fall further to $5k since almost of us are waiting for the bitcoin to spike this year. Though hard to speculate actually yet I am positive about bitcoin good movement.

It remains to be seen what will happen to to BTC and the crypto market in the long run, nothing can be predicted especially when it comes to the direction the market will go, but there re hopes that the coin will not fall further than it has already. BTC iis a strong and valuable coin that has gone through a lot already, it will get over this.

I think it's really real, because now everything is falling in price and we do not know if it will stop!

I heard about ETF delay so some investor seems pessimistic.
For bitcoin graph, I can see that it's highly chance for happening because the effect is constantly change and repetitive.
But I still believe on crypto so just keep hold it guys !

Prepare to bullrun in this time bitcoin is stable just need a correction. If btc ready it will going fast. thats my opinion

Yes, It may happen. Anything can happen in this crypto market and no one can predict what will happen. I think market will go up within next month. But it can go down again. I think this year is not the best one for crypto.

I don't think such misfortune will be to Bitcoin's market value for this month. The market value have recently increased but is again falling. Despite of the bad situation at this moment, I don't think that its market value will fall as low as 5k usd this month. But to be sure, hold for now and be patient in order to avoid regret once continuous increase takes place.

The current market is really disappointed to everyone but I am always believe the Bitcoin potential so end of the month we will see the good results.
My suggestion is we must trust our investment because Bitcoin is long term supporting platform so this will never failed in future.

In my opinion, bitcoin will not fall below 5K. Bitcoin is running between 5K and 8K for a few months. Now Bitcoin will run fast and break all its previous records.

Despite the negative results of the market recently, I think there will be no such decline (below $ 5,000). In recent months BTC's price ranges between $ 6000 and $ 7500, so I think that the current situation will now be the same.

I think, the price for bitcoin will not decrease below 6000$. Everyone knows that soon will accept bitcoin-ETF and therefore, when the price drops below 6000$, investors will buy in big volumes.

I think it's possible to go down to about 5K, and then there's going to be a rapid rise.
Because confidence is low at the moment, there is a good chance that it will fall further.

I think Bitcoin will not be lower than 5K. Bitcoin has never been lower than 5K in the past five months. I have carefully observed the cryptocurrency market these past few days. I have seen that the cryptocurrency market is slowly recovering. This is very At the beginning, Bitcoin will only slowly rise and will not continue to fall.

It is entirely possible, judging by the trend, everything goes to this. Drop the extra "passengers" and only the most patient will remain. I'm already afraid to go to coinmarketcap

some btc experts said that Bitcoin will reach more than usd20k by end of 2018. Do u think that chances are likely?

This question is worth pondering. I personally have not considered it because I think the minimum 6k is hard to accept. I believe that most people are waiting for the market to pick up, if it falls again. I will choose to buy.

No one can accurately state how much bitcoin can get to. Their is a High possibility that prices can get to 5k because the market sentiment is low and people are really getting tired of investing. Looking at the chart, the strong support is at 4800-4900 thereabout. Let's see how it goes

I think this has a high probability, because the market for cryptocurrencies has already lost people's confidence. The rise of several times has not persisted. Every investor's mood is very anxious. I think the market still needs a long time to recover.

if this happens, most of the subcoins will die and the crypto currency stock market investor will lose. I do not think you will fall this feat. i think bitcoin price will 10k

Well, it already did before. So the chances of going back to 5K this month is really possible. Some are even saying it would go to 2K but that's too low in my opinion.

Other people wanted to see bitcoin to drops to $5k so they can buy some. The situation of the market is really not good so I'd rather hold this time.But hoping it will not cross to $5k.

maybe worse than that, now the price is freefall.
bitcoin lost 99.9% of its volume, I hope this is not the end of bitcoin, if not say goodbye to bitcoin forever.

I sort of feel that too. If it happen, it will happen but I will still not feel worried so much because we are also entering September. The coinmarketcap is falling now below $220 billion and there's no recovery and it only go down. Be prepared guys and embrace the dip.

There is no way that could happen, maybe you think because seeing the market continues to decline but I think the stability of the price will stop at $ 6k and will not be up to $ 5k, now even the market is green I am sure in the current month or the future the price has started bullish

Possibility yes!

We're not far from $5,000 wall so don't be too confident that because we've seen few bucks up, we'll leave $5,000 completely.

But to be optimistic, settling those negative speculations and moving forward to see those positive speculations at the end.

Maybe not this month ,but it will certainly test that 5k level .I really hope that would be the bottom and that we will move from there to bull market trend,their is a lot of speculations that wil deep even more to 3k but i hope that wouldnt be the case because this bear market is very enoying and its lasting too long now

Prices are likely to fall in the near future. But bitcoin will not die so easily. If the bitcoin drops to 4,000$ then it will not be dead. But it will make a lot of investors go bankrupt. I do not want this to happen to the market

I think chances are high to fall down to $5k. Volatility makes the price high and low so their is a chance to drop to $5k. But, since I also have hold btc until this time I am hoping it will not fall down huge of amount.

I don't think bitcoin down to 5k dollars because that is the barrier of the bitcoin price. That once price decrease 6k below they will up again. I hope everyone will participating on that so we can see the price of the bitcoin become very high.

I just looked at the graphs. It's hard to believe what this crypto has been through. I don't believe that it will fall below $5000, but even if it will, there's nothing stopping it from climbing up again.

I am hope that your prediction is correct. But I would not be surprised if price of Bitcoin fall down to 5k this month.
Bitcoin already tested 5.8-6k levels three times this year, and it is pretty high probability for price of Bitcoin to go bellow that levels.

I think no because in the past months bitcoin is trying fall down to $5,000 it seems they don't like to fall down to $5,000, but this month not gonna happen it will increase for sure.

This month is the answer, if the market hasn't recovered then I'm sure and optimistic that the price of bitcoin will immediately drop below $ 5,000, but if this month the price can be above $ 6500 then I'm sure that prices can continue to rise to $ 7500.

I'm keeping my faith that it won't go as low as $5k with this fall. Although I sense that we're going to it. Hope I am wrong because if that thing happen, maybe lower than that is possible now. But if the price can sustain not to go down at $5k, then i'm confident we are really strong above $5k.

it is very possible for bitcoin to hit 5k low, currently the support level still stand at 6k and it's $6150 per bitcoin which is almost down to 5k so it's possible we might see bitcoin down to 5k by end of this week. 

I don't think price BTC will lower $5000, according to what I analyze and find out information BTC can down about $5200 is the lowest value, but all is just predicted, because no one knows before market

in my opinion it won't happen this month, but I don't know whether next month the price of bitcoin will touch the price of 5k. The bear market still continues and there are still many possibilities that can occur.

I hope that this does not happen, but it seems, I see the price of bitcoin on the coinmarketcap site had decreased to reach $ 5k. well, indeed the price of bitcoin is really close to that price, but I hope the worst decline in bitcoin prices will only occur this year.

Honestly, it is very hard to expect what will happen to Bitcoin especially in the near future.  Unfortunately, in this year there were many bad surprises and not even unexpected and the market always crisis. Otherwise,  IMO Bitcoin will fall to less than 5000 usd and maybe 4000 usd, but after that I expect that there  will big a fastly jump on the market, and Bitcoin will increase to 8K usd ( I think that my prediction will happen after 2 months ) .
Furthermore, we believe always in Bitcoin despite that there are many attacks from some enemies and the continuous  manipulation from the whales. Hopefully   that in the future there will be a good surprises in Bitcoin .

Do not forget if we drop below $100bn than futures market will close, right? There are so many predictions, like btc will go to $3500 and McAfee still says it will be $1m by the end of 2020. In the short term, anything can happen, but most people are here for the long term likely, especially if you entered the market in 2017.

no, bitcoin is not likely to go down as low as 5000 $, more more likely thing is that the dominance will increase further, draining altcoins instead of a dip

No. Will not fall to 5000$. I think is better buy this month bitcoin as the price is still low and will grow next month after ETF approved.

Can't remove the chance and it's possible.

But as long a it remain strong at $6,000 until August 20, it's unlikely.

And September is also coming as we've known that the decisions of ETF can be another thrilling action for the market.

Seeing how it drops down below $6k below yesterday and drops like there are no buyers for some time, it is really possible that $5k would be reach sooner or later. But then when we think about the most anticipated news as of the moment which is the Exchange Traded Fund then there may be a possibility for it to shoot up again especially if it is a good news. For now, let's hope for the best because many are getting frustrated of the market and losing their patience.

I would like to ask what's with August 20 why it's unlikely to drop when it has retained its support?

I'm pretty sure that it is going down to that value. The FUDs plus the  SEC delayed decision plus the dwindling of the marketcap is just perfect to push bitcoin a little bit more to the bottom. I really hope that the same miracle would happen just like when bitcoin was $1k last year and then it rushed all the way up just like magic.

in my opinion on cryptocurrency, all possibilities can occur and maybe the price of bitcoin can fall to more than $ 5k, even the worst possibility that bitcoin can return to the price of $ 2k. remember all possibilities can occur in cryptocurrency.

I think it can go as low as $5000 and remain unstable for 5-10 years. I don't see it going below $5000 though. Some experts are still positive it will recover and reach $10000 by the end of the year.

I would not be surprised either. Before that though, we may end up seeing some move towards $6700 or thereabout and the only thing that will change that this month is to see it go above $7k somehow, which might change the sentiments in the market. However, for now, the possibilities of the $5k is still intact and if care is not taken and we end up breaking that support, then we may go down as much as $3k. That would be some good time to refuel anyway.

The price of bitcoin can be within the range of $5k but won't be going below that. The fluctuations has been struggling between $5k - $6k, and this will be its lowest deep.

no, bitcoin prices will not fall to $ 5k. You can see for yourself before the price of bitcoin drops below $ 6k the price of bitcoin will be pumped, and the price of bitcoin has now risen slightly.

Let's see. The bottom for this year is around 5.8k which is quite safe from going below that 5k mark. I also don't think we'll go that low since bitcoin is showing resiliency at it's current value. And i don't think it will sit well with many people have a more than 75 percent drop.

this will happen if the market price continues to decline, and if investors and large countries that legalize bitocin try to make tighter regulations so investors withdraw their bitocin assets.

I do not believe that Bitcoins will break it's resistance level of 5500 and slip to 5000$, it's shown strong resistance around 5.8k and I do not see it breaching that any time soon, as we're debating it's already crossed 6.3k mark which shows it's finding momentum and which is good for the current levels, I'm seeing a new resistance level of 6k forming and upside I see it at 7k downside at 5.5k, I do not believe it'll fall below that.

If the price of BTC drops below $5,000, then I really think the market is too weak and the choice of the market is not what we can decide.

To be honest, I do not think it will happen. The price right now is fluctuated between  $6500 and $6000. On the other hand, bitcoin price is unpredictable. I just told you my opinion, nothing is accurate when it comes to bitcoin. But either way, I hope the price continues to grow which it will surely happen. I really want people to be happy and not sad about this current price. Everything comes in a good shape after you get to be patient.

But I think that bitcoin won't touch 5k this month. Bitcoin is currently very volatile, but I think the fall of bitcoin at 5k will not happen, because bitcoin is still a trusted coin.

But i think we will not see at that time when the price of bitcoin will fall down to 5000 usd because bitcoin price is starting to going up and its chances is very very low that it goes to below 5k usd and i think its time to buy bitcoin because this a very good opportunity for all people who want to buy it.

Bitcoins will never touch $5k dollars because there are a lot of people who are still investing on btc like me and it will pump up again after a few months so keep on holding your coins today.

Nobody can know this. Experts deal with longer-term predictions and they oscillate between $100 and a million bucks. I would just wait and see. I don't think it will drop as low, but even if it did it would come back to average price of $8000 in a short time.

There is a possibility.

The 6k support seems to be quite strong at the moment, though, and I think that it's probably going to hold up for a while. I'm fully expecting prices to continue to dip as soon as this support falters, but we don't know when that is going to happen. It could be this month, it could be next year. I actually expected prices to be lower than $5k around 3 months ago, and yet support is still at this level.

Regardless, I believe that with the flow of institutional investors into the market within this bear market, it's unlikely that we'll see prices much lower than $4-5k as the absolute price bottom. So right now, the logical action would be to dollar cost average, and buy coins with spare fiat funds, if possible.

Wait for the all the ETFs to get rejected. People will lose their fucking minds. Bitcoin can even go to 2k$, but not this month.

We need some really good news, this year has been such a bore! Last year was so damn fun, now we are back to 2013. People are losing faith in bitcoin, which is a good thing, the less number of idiots we'll then have to deal with. Please, for the love of god, people, stop being boring as fuck and get some actual shit done.

if that happens, trust in bitcoin will disappear and of course bitcoin will be left behind. if the price of bitcoin is not transferred to the altcoin then it's the same as the end of cryptocurrency.