Bitcoin lower than $6000? Is it possible?

[Kidmat]

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

There are many hopes for this that bitcoin will be lower than $6k. If in case it will reach below $6k for sure many of us will buy bitcoin as much as we can. Possibilities is their, let's see for the mean time if price will dropped lower $6k.

[onnz423]

Everyone I have spoken to eagerly waiting for it to drop below $6,000 or even $5,000 so that they can buy in an triple their profits after a few months when bitcoin bounces back to its previous high. Make no mistake, this current dip is not permanent, the price will start increasing again soon and everyone will be mad about how they missed out on the opportunity to buy at just $7,000.

[Brito]

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

Yes it is possible and not so scary.
We've seen such dips and before, and there are not so critical.
But it's a great time to buy cheap coins.

[phd2d]

BTC is bouncing hard from low of $6000. Current bounce and volume look very healthy and will make another leg up around $7200 and it may face some minor correction around red circle area ($8300).

We can confirm the reversal of trend once this bounce break above $9200 level.

BTC need to test $9000~$9100 level before the confirmation of reversal.

This is private opinion not recommend to investment.

[Harlot]

There is a possibility as the last known support for it was the 5800$ level which had happened November of last year. But don't think that it will head straight right there because as of now RSI is extremely oversold to add to is also the volume is decreasing. As a result we might see a little rally into this down trend before it goes down and re-test the 6000$ level again. For people who are thinking of changing between BTC to Fiat Currency this might be your chance as there are no signs of reversals yet.

[deathguardian20]

It already reached less than 6000$ this day, though it recovered a little by now. Let's hope that it will be the end of the dip.

[Godric-Gryffindor]

Is it possible that Bitcoin falls lower than $6000?

It is possible for Bitcoin to go below 5,000 level and it is natural for any trading instruments to go bearish sometimes. I still wait for the right moment and surely update my Facebook group and traders here at bitcointalk, to show it and grab commentary for further decisions to buy.

[Yurkov]

Until recently, it was hard to imagine. The support was for 10k $, then for 8k $. Now there are predictions that the price may fall to $ 4,500. I hope it will not happen.

[BCTBF]

I also assume if bitcoin can fall lower than 6000 USD, but now I see the price again increased and already exceeds 7500 USD. I wish the best and hopefully increase again in the near future.

[btcone111]

Of course it is possible. Why not?

[Pasnik]

Until recently, it was hard to imagine. The support was for 10k $, then for 8k $. Now there are predictions that the price may fall to $ 4,500. I hope it will not happen.

I hope it will not go down low to $4500 that's really unexpected amount. Anyway, we are in unstable market still I am hoping btc can recover fast. For now btc price in recover I hope it will continue.

[Thadeous]

$7800 and trend looks fairly stable. If it will continue like this we can see Bitcoin on $8300 tomorrow.

[DMiracle1]

Well it already did. Yesterday, 06 February, bitcoin plunged at $5,957.37, however it recovered just seconds after. A stream of negative news concerning regulatory crackdowns in some of the world's largest markets – China and South Korea – pushed BTC below the $10,000 mark in mid-January. That said, the drop witnessed in the last five days could be associated with the decision of major banks to bar customers from buying bitcoin with credit cards. China's decision to block access to foreign cryptocurrency platforms has only worsened the sentiment.

[batang_bitcoin]

I hope the bitcoin will turrun until the price of $ 4000

Probably it won't, you might be happy and hoping for bitcoin to be seen at $4,000 but it looks like it starting to give some hopes to all that are waiting for its increase and bounce back.

because if that happens, I'll buy as much as I can, divert all my assets to buy bitcoin.

Don't be too greedy too that you have to wait it go $4,000 before buying. $6,000 is a good support to buy at dip so you haven't bought by that time?

because I'm sure in a few months time, bitcoin will return to its normal price

What normal price is in your mind? $20,000 just like majority here?

[Yatsan]

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

Unfortunately that is possible to happen. But good thing is that, the market value of Bitcoin at this moment is starting to increase together with other cryptocurrencies. So the best thing for this situation is to hold and invest as it will go along with the increase on the market price and profit will then be to the users

[Thadeous]

Well it already did. Yesterday, 06 February, bitcoin plunged at $5,957.37, however it recovered just seconds after. A stream of negative news concerning regulatory crackdowns in some of the world's largest markets – China and South Korea – pushed BTC below the $10,000 mark in mid-January. That said, the drop witnessed in the last five days could be associated with the decision of major banks to bar customers from buying bitcoin with credit cards. China's decision to block access to foreign cryptocurrency platforms has only worsened the sentiment.

Well I usually follow Coin Market Cap (CMC) and it reported lowest at $6048.
In my opinion most of recent negative news are FUDs and fakes.
And now this background slowly turns to the positive side.

[CryptoProphet]

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

Is it joke?
Price $7 266,02   now.

I think price will be 25K usd soon.. wait few months
No reason to falling in this year

[MMS2017]

Every thing is possible in the crypto why because every thing is depend upon the demand and supply some time we have seen that with in a couple of minutes the bitcoin price goes high beyond the normal movements so we can say that it is not possible for me to predict now the actual position of bitcoin but we have to make some of the strategies of the price fall.
Ethereum is good to have for now we have to sold our Ethereum investment and to buy bitcoin because the prices are relatively less due to which we can afford the buying.

[wildan88]

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

There are many hopes for this that bitcoin will be lower than $6k. If in case it will reach below $6k for sure many of us will buy bitcoin as much as we can. Possibilities is their, let's see for the mean time if price will dropped lower $6k.

yeah a lot of people hopes the price could come down cheaper, but who knew that a price of $6k is the lowest bitcoin price? and they are waiting for $5k. It is possible that bitcoin price will never fell lower again, because the support are strong enough. I've bought it when $6k and hope soon to recover over $10k and never down under $5k

[PartyPete]

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

I think not support will be around 6000-6500 usd mark. As of today, all of the token seems to be going up and green candles are showing up. $7400 is not bad after a slump down to $6000, by the end the month I expect it to see nearing 10k again.