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Author Topic: Bitcoin lower than $6000? Is it possible?  (Read 1438 times)
TIN1114
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February 06, 2018, 01:10:05 PM
 #141

I think anything is possible, let's just not give in to panic buying or selling. Let's see this as an opportunity to grow
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February 06, 2018, 01:19:30 PM
 #142

This may happen, currently the bitcoin is going down very fast. Bitcoin is priced at nearly $ 19,000 and in just over two months Bitcoin has dropped to $ 6,992 and it is likely to be down and possibly below $ 6,000. But I think it will recover early in May.

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February 06, 2018, 01:22:48 PM
 #143

Anything is possible and the market forces to a large extent determine if the prices plummet or rocket.

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February 06, 2018, 01:26:49 PM
 #144

A few months ago, if some people are telling you that bitcoin prices will drop back to $6000 USD level, I wonder how many people actually believe that as bitcoin price seems to be stabilizing itself at the price range of $10000 USD, but with the huge recent price drop, I still find it quite unbelievable but yet it is true.

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February 06, 2018, 01:29:05 PM
 #145

Is it possible that Bitcoin falls lower than $6000!
Which is the level of 31 Oct 2017!
Panic sell will affects the price of bitcoin thats why there are seller that sells it in low price that why bitcoin go down so fast.
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February 06, 2018, 01:30:42 PM
 #146

I have heard that until March the price will continue to drop but I don't take for grant anything I hear. I don't know if is true or not. I am going to hold anyway
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February 06, 2018, 01:30:48 PM
 #147

Is it possible that Bitcoin falls lower than $6000!
Which is the level of 31 Oct 2017!

Nothing is impossible, really. With how much activity bitcoins have in just 1 day, it is possible for bitcoins to drop significantly  lower than $5000. So expect you'll probably get more red days on the coin market. A lot more people will sell. And a lot more whales will buy.

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February 06, 2018, 01:33:28 PM
 #148

Actually i'm hoping for a lower price now to buy some more. Today's congress hearing is postponed to 14th of february and there, the chairman of Commodity Futures Trading Commission will make a plead that is more like an embracing of cryptocurrencies rather than bashing it. Plus Chinese new year is 16th february. This is when it usually starts going up.
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February 06, 2018, 01:33:34 PM
Last edit: February 06, 2018, 02:26:13 PM by Thadeous
 #149

About 5 hours ago Bitcoin was $6050 and that was close.
The interesting thing I noticed on depth chart is that sell volume significantly decreased since yesterday,
and the road to $8000 looks fairly smooth now.
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February 06, 2018, 01:35:45 PM
 #150

it possible. bitcoin will down 5000$ at tomorow. some bad news with bitcoin today Sad
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February 06, 2018, 01:36:03 PM
Last edit: March 16, 2018, 12:50:46 AM by J-N
 #151

Is it possible that Bitcoin falls lower than $6000!
Which is the level of 31 Oct 2017!
According to CoinMarketCap, the price of Bitcoin today is already fell down to $6048, so even the price $4000-$5000 is seen as an absolutely real.

It seems that the history is repeating itself. As it was in the autumn of 2017 when the chinese government intended to ban the crypto-exchange markets. Now people are afraid of the banning or the temporary closing the crypto-exchange markets in the South Korea which is about 25% of the global crypto-exchange market.
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February 06, 2018, 02:36:36 PM
 #152

I sure hope it goes below 5K so I can buy soooo much more

if it falls below  $5000 the panic will be bigger and nothing guarantees that the price will recover. We can not be very optimistic.

It seems that the history is repeating itself. As it was in the autumn of 2017 when the chinese government intended to ban the crypto exchange markets.

when China banned the exchange the price of bitcoin fell but did not fall much like this time, the price of bitcoin was $18,000 and fell to $6000, that was a big fall


Plus Chinese new year is 16th february. This is when it usually starts going up.

it was like last year

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February 06, 2018, 02:42:50 PM
 #153

I believe it will hit $5,000 and stay there for a little bit.

My prediction is that by the end of 2018 it will go back up till about $30,000
Yeah! Now it's the time to buy TONS of BTC!  Cool Shocked Grin

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February 06, 2018, 02:59:58 PM
 #154

I think it will happen and even likely will reach $ 4000, the current bitcoin price drop makes everyone panic.
Earlier this year the bitcoin decline was so sharp, but i kept holding and waiting for bitcoin values ​​to rise again.
I still believe that bitcoin will soon rise and will start the price increase in the middle of this year.
hopefully.

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February 06, 2018, 03:23:23 PM
Last edit: October 06, 2021, 06:28:55 AM by wijaywi
 #155

If you a trader you must know the Trend ..now will bouched back to K7-8K..and aeveral day will continued the trend ..lower than 6K!

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February 06, 2018, 03:37:14 PM
 #156

Is it possible that Bitcoin falls lower than $6000!
Which is the level of 31 Oct 2017!

For BTC everything is possible and nothing will surprise me.
It is very difficult to predict what the next direction will be, but that's good because we can now buy more BTC's at a lower price and then see a big leap.  Smiley

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February 06, 2018, 03:38:57 PM
 #157

Is it possible that Bitcoin falls lower than $6000!
Which is the level of 31 Oct 2017!

For BTC everything is possible and nothing will surprise me.
It is very difficult to predict what the next direction will be, but that's good because we can now buy more BTC's at a lower price and then see a big leap.  Smiley

Man i'm going to buy more if total market cap goes below 300 billion again. Hope we'll be rich this summer.
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February 06, 2018, 03:50:33 PM
 #158

Yes, based on my prediction, bitcoin will be reach price arround $6000 even reaching $5000 the price drop very far from usually, try to think from $20.000 down to $6000 bitcoin price is very crumbling, and I want to buy bitciun if the price under $6000
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February 06, 2018, 03:52:24 PM
 #159

He came down as fast as he climbed, nothing amazing
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February 06, 2018, 03:54:11 PM
 #160

I hope the bitcoin will turrun until the price of $ 4000
because if that happens, I'll buy as much as I can, divert all my assets to buy bitcoin.
and I will hold it, no matter about negative news
because I'm sure in a few months time, bitcoin will return to its normal price
and it will give me many advantages
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