Again to the bottom?

[Bounty_Hunter]

Today, bitcoin could not resist $9300 and now fell below $8800. We fall back to 6K?

[billyj111]

Today, bitcoin could not resist $9300 and now fell below $8800. We fall back to 6K?

I do not know or to 6000 but most likely all will fall about 7000. But I really do not want it because I did not have time to sell on level of 11600

[dulari1]

yes it may go to 6-7k range again , and it is not a thing which create panic , bcoz after this dip btc will pump more .

also some recent news of trustee , binance hack , sec rules etc caused that dip .

[Roukawa]

Today, bitcoin could not resist $9300 and now fell below $8800. We fall back to 6K?

I hope not! For sure, my investment will also fall and I am currently lose a  big amount of money. I know I have mistakes because I buy bitcoin during its downturn but I always hold my bitcoin. But if the surge continuously goes, for sure I will buy some bitcoins again and hold it as it will rise up.

[The Sceptical Chymist]

I'm waiting for everything to fall--altcoins, bitcoin, stocks, and every other speculative asset that's been ballooned up over the past 6-10 years by low interest rates. 

You mark my words, when the Fed starts raising interest rates and it starts getting harder to borrow money and it costs more to trade things on margin, those things will plummet.  And as far as bitcoin goes, we just rose too fast, too soon.  This was to be expected, and I think we'll get a little more pain before bitcoin is done dropping. 

Don't know how low it'll eventually drop to, but being near $9000 really isn't that bad.  Think back to just 2016 when I think we were still below $1000.  You have to keep some perspective on the price and the market in general.

[Sinecoin]

Im not sure it can keep going down to be honest.  Obviously it could just crash and cause more people to panic sell but i feel like we've been in a bear market for the longest time so were bound to see a rise in the near future.  With that being said im a very patient investor and i've held during some of the worst crashed so im not too worried if it goes down ever more.  In the long run i expect it to go.

[setifien19]

Yes ,the possibility to go lower is much higher especially at the current situation because a couple of effective circumstances & events which have condensed in a short period of time led to the massive pull back

[maeusi]

Think back to just 2016 when I think we were still below $1000.  You have to keep some perspective on the price and the market in general.

We needn't think back to the year 2016. Last year, in March 2017, Bitcoin was under 1000$. So, unfortunately it raised too fast and now we have a little correction until April. But 1500$ or 2000$ would be a reasonable price. Also other coins went up too fast like LTC. It was last year at 4$.

[seandiumx20]

Today, bitcoin could not resist $9300 and now fell below $8800. We fall back to 6K?

I think so? maybe we should wait more time for bitcoin to reach 10000$ soon. The chance of getting lower is big but also the chance of getting higher is big. It's very normal for us to have this kind of situation since bitcoin value is very unpredictable but profitable. We must trust btc and support all platforms and projects that is related to cryptocurrency.

[doppler effect]

If the price of bitcoin continues to fall, then by the end of this year it can cost about 5000-6000 dollars. But I believe that if this happens, it's still a very good time to buy bitcoin now.

[lobo13hf]

Today, bitcoin could not resist $9300 and now fell below $8800. We fall back to 6K?

It looks like we will not decrease below 8k i see the strong support for that especially there is no fundamental thing to support this bearish trend. But this looks pretty odd to see the price of bitcoin gets down a little bit. or i guess this caused by the FUD from paypal CEO said the crypto still an experimental. You can try to see that on the latest news. More FUD to the cryptocurrency that doesn't look good to reduce the bullish trend.

[Febo]

Today, bitcoin could not resist $9300 and now fell below $8800. We fall back to 6K?

You posted on wrong part of the forum. This should fit in Bitcoin Speculations.  Bitcoin Forum > Economy > Economics > Speculation  https://bitcointalk.org/index.php?board=57.0


Price of Bitcoin can go to 6k and lower this month.Easily.

[FarmingCoins]

It was a bit expected, still being corrected although no major changes should happen I believe

[Bonanzabits]

I think the bottom is 1000-3000 usd. But it's very hardly and ambicion target, because  many peoples want to buy bitcoin on the bottom. And many people will stop over 6000 usd. Who will win? I'm not really sure who.

[Warren Buffert]

I think the bottom is 1000-3000 usd. But it's very hardly and ambicion target, because  many peoples want to buy bitcoin on the bottom. And many people will stop over 6000 usd. Who will win? I'm not really sure who.

Bottom 1000 is something we won't see happening. In fact I don't even think we will see 5k.

[Bonanzabits]

I think the bottom is 1000-3000 usd. But it's very hardly and ambicion target, because  many peoples want to buy bitcoin on the bottom. And many people will stop over 6000 usd. Who will win? I'm not really sure who.

Bottom 1000 is something we won't see happening. In fact I don't even think we will see 5k.

Why do you think so? What do you think about the sales of large batches of bitcoins the other day, related to MTGOX?

[karungbitcoin]

In my opinion Bitcoin just consolidation in the area between $8000 -$11,000 in a month ot 2 month and then after that ready to going up to $30,000 -$40,000. So many bad news in this periode so hard for Bitcoin to going up, but wait patient in a few month could be give nice profit.

[malibubaby]

Today, bitcoin could not resist $9300 and now fell below $8800. We fall back to 6K?

When I see the market, there is possiblity to go in the bottom of 6k-7k dollars. Then after some more months, I think the price will go 20k dollars for the correction.

[chokomenia]

Well I cannot say let's watch and see what will happen. in a bearish market like this predicting marketing is hard because their is alot of FUD already and people are afraid so new might come at any time that could cause the market to deep more. so we are watching for the market.

[East2011]

Its the second time this year that cryptos fall down. But its not the time to panic. Just like the past month i think the market will recover again. This happening shows that the market is hard to predict. And noone knows what will happen next.