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Author Topic: BTCUSD 6000 is new low, breached today  (Read 492 times)
sic57005
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October 20, 2017, 05:18:10 PM
 #21

You made 3 mistakes in spelling ATH, lol. Now make 3 mistakes in reinvestments and guess what will happen next.
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October 20, 2017, 05:21:34 PM
 #22

This is so crazy. The last two months shall be remembered forever, we went from flash sale $2900 to new ATH $6000 in a month. So sad that I sold it earlier, now I have to rebuy it with some (potential) losses. Guess I'll just hold it tight now, the mega bull is getting crazier.

I'm kinda kicking myself since from $200, i patiently waited for $2900 thinking that it would be the top. Boy I never got any more wrong than today. Imagine if I held from $200 up to $6000, I'd be having my early retirement at the age of 20s and would never have to work a single day of my life ever again. As for the unimaginable increase, my senses tell me that somehow this isn't going to hold for so long, but I'd like to be wrong at that.

$6000 is the new ATH. This rise is also memorable because Bitcoin is reaching $100 Billion market cap. Now Bitcoin is also bigger than Goldman Sachs (market cap - $99B vs $95B)



And Goldman Sachs is trying hard to send warnings that bitcoin isn't the new gold.  Roll Eyes

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October 20, 2017, 05:26:02 PM
 #23

price most likely sideway and slowly drift lower but will likely surge pass 6500 next week

Next week is the 25th. And I'm sure that the price will be very close to this date. After all, a split soon and everyone will buy bitcoin. I'm also waiting for this date

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October 20, 2017, 05:30:48 PM
 #24

In my opinion, the title of the topic is not quite correct. It would be more correct to say that bitcoin overcame the $ 6000 mark. And this happened for the first time! That is, in fact, it should not be about collapse, but about the record.
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October 20, 2017, 05:38:27 PM
 #25

This is great! I just wished I witness it live with my own eyes it is phenomenal. I might be overreacting right now but seriously, I thought 6k is reachable by at least end of this month or before the year end. And now we've reached it. Btc just keeps on surprising us. But then there is the coming fork that surely contributed to this new ath. I wonder where will btc be by the end of this year.


The move is phenomenal, first its look like finding 5800 but after a while the buyer coming in again and touches 6000 after topping at 6040 market calm again, I watch it live, though I am looking for good entry at lower price, the surge is such exciting to experience
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October 20, 2017, 05:45:45 PM
 #26

In my opinion, the title of the topic is not quite correct. It would be more correct to say that bitcoin overcame the $ 6000 mark. And this happened for the first time! That is, in fact, it should not be about collapse, but about the record.

It passes the 6000$ at most of the exchanges, including bitfinex which is one of the biggest in the western side.
But it is still hard to say that 6000$ is the new low , because the price is surging between 5950-6050, once we pass it and we create a support line at about 6100$, we would be able to say that six thousands is the new low.

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October 20, 2017, 05:47:37 PM
 #27

In my opinion, the title of the topic is not quite correct. It would be more correct to say that bitcoin overcame the $ 6000 mark. And this happened for the first time! That is, in fact, it should not be about collapse, but about the record.


Since 5092 become recent low and its happen just 2 days ago, I think 6000 will become new low in 2-3 days time, hence the title  Smiley
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October 20, 2017, 06:24:58 PM
 #28

The growth of bitcoin greatly influences the course of other forks and altcoins. I now do not like it at all (

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October 20, 2017, 06:38:14 PM
 #29

Thats the nature of bitcoin and alts. Something goes up while some others have to go down. Best time comes when most of what we hold are going up. That will be a good time to secure some profits

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October 20, 2017, 06:39:06 PM
 #30

You meant to say that BTC reached a new height!
It will probably go downwards a bit after the coming fork, for correcting purposes, and then it will keep getting new heights till the other fork happening in November! Unless the 25th fork  have a bad effect on BTC, i don't see it going below after the correction!
It's a very confident buy move, I would not be surprised if it is $6500 tomorrow . because you believe the price will be higher in the future .
I really hope altcoins recover after the bitcoin gold fork.

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Daisuke
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October 20, 2017, 10:41:26 PM
 #31

price most likely sideway and slowly drift lower but will likely surge pass 6500 next week

Next week is the 25th. And I'm sure that the price will be very close to this date. After all, a split soon and everyone will buy bitcoin. I'm also waiting for this date

I think there would be a major correction on the price of bitcoin after the fork. lot's of traders and investors hold their bitcoins for the free fork(bitcoin gold) and I think after that they will buy altcoins as we know that they are dump. After fork it will be the alts party.

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October 20, 2017, 11:00:26 PM
 #32

The floor is still $5000. For it to be $6000 it will need consolidation, which may happen after few weeks.
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October 20, 2017, 11:17:06 PM
 #33

[....]

In my opinion, the title of the topic is not quite correct. It would be more correct to say that bitcoin overcame the $ 6000 mark. And this happened for the first time! That is, in fact, it should not be about collapse, but about the record.


Since 5092 become recent low and its happen just 2 days ago, I think 6000 will become new low in 2-3 days time, hence the title  Smiley

I thought you posted some graphic image with price forecasts, like those tradeview forecasts, but when I clicked on the image I was disappointed. in order to do what, on your title, ummm I do not agree, the price may still fall a lot and it will take a long time to go back up to  $6000, think that the reason for this big increase is related to BTG and segwit2x and if you have not these two events, what will happen? who will buy many bitcoins like these days?

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