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Author Topic: falling at a price of $ 6k  (Read 529 times)
Janademir4 (OP)
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April 06, 2018, 03:14:30 PM
 #1

I follow a bitcoin price prediction forum that says that within the next week the bitcoin price will fall on the $ 6k price range
this is based on the graph of bitcoin price fluctuations
What is your opinion

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April 07, 2018, 08:10:43 PM
 #2

I follow a bitcoin price prediction forum that says that within the next week the bitcoin price will fall on the $ 6k price range
this is based on the graph of bitcoin price fluctuations
What is your opinion

If you look at a historical graph of BTC/USD, BTC went down to $6.2k on February 5th and then bounced backed up. I don't see it going below $6k, but I think it might go there and find support.

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April 07, 2018, 08:25:32 PM
 #3

I follow a bitcoin price prediction forum that says that within the next week the bitcoin price will fall on the $ 6k price range
this is based on the graph of bitcoin price fluctuations
What is your opinion

i also think that bitcoins price and value will drop in the end, the reason is obviously the many altcoins that also compete for attention and acceptance.

why accept a coin that is all about electricity waste instead of a coin that secures living conditions, protects the encironment, develops aquacultures.

you will have then many central cryptocurrencies, the heads that controll them will be somehow supervised and corrected or they happily report regularily themselves about their projects they are developing with that cryptocurrency.

regards

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April 07, 2018, 08:53:42 PM
 #4

Based on the readings on the fluctuations in the market these past few months, I can see that bitcoin's price has been going up and down. However, it has a relative stable price of $6500 or more during the dip. It doesn't fall to as low as $6000  which is good. If ever it will fall that low, I think it will be able to easily recover.

However, as of now, bitcoin and the other altcoins are recovering. It's a good sign. Increasing the price value of bitcoin will help its price stabilize at a higher value during the dip. Hope this continues.
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April 07, 2018, 08:56:30 PM
 #5

It actually dropped to $6,000 but whats good is by checking the price right now, its back to $7,000. And what I think is that Soros did helped the pump by just giving a statement that he's preparing to trade cryptocurrencies and its on the right time since the market came from a recent correction.

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April 07, 2018, 08:58:39 PM
 #6

I follow a bitcoin price prediction forum that says that within the next week the bitcoin price will fall on the $ 6k price range
this is based on the graph of bitcoin price fluctuations
What is your opinion

There are predictions varying from 2000$ to 7700$ or 10000$ only for the next week.
In truth, people don't have a crystal ball, so whatever they speculate, with shiny graphs or not, means nothing.
The market looks good now, but in an hour a whale can decide to buy or sell and change the dynamics of the price greatly. Or not. Anything can happen, really.

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April 07, 2018, 09:53:34 PM
 #7

That assumption is base on speculations and not base on any good analysis, bitcoin is a  highly volatile commodity and at that it can either rise to any amount or even fall to any amount and $6k is not an exception. But to say bitcoin will fall below $6k in the next few days or weeks to come I don't believe that speculation.
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April 07, 2018, 11:15:25 PM
 #8

If bitcoin will fall below 6k then that's an opportunity to buy dip! i'm very bullish on bitcoin at this moment coz i know in upcoming weeks it will reverse uptrends and everything you see on coinmarketcap will follow also. Just be patience on this bear season.
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April 07, 2018, 11:30:55 PM
 #9

In my opinion next week there will be a takeoff, not a price drop, so will see))
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April 07, 2018, 11:35:27 PM
 #10

I follow a bitcoin price prediction forum that says that within the next week the bitcoin price will fall on the $ 6k price range
this is based on the graph of bitcoin price fluctuations
What is your opinion

Each trader has its own graph and each trader draws his own lines. Go to tradingview and see for yourself. Every trader draws different lines and some predict a breakout upwards while others the continuation of the downfall.
My opinion is that we can't be sure about the price. There's no way to predict if bad or good news come next week or what a whale like that Mt.Gox trustee does.
I think we'll see 10000 USD this year.
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April 07, 2018, 11:42:41 PM
 #11

It actually dropped to $6,000 but whats good is by checking the price right now, its back to $7,000. And what I think is that Soros did helped the pump by just giving a statement that he's preparing to trade cryptocurrencies and its on the right time since the market came from a recent correction.

Soros's statement didn't do anything. It's just the market bouncing up and down within current range, which isn't anything special. On top of that, it's not that Soros came up with something even slightly interesting for the current market. It might take months and months before he even considers to actually throw a few hundred thousand dollars or a few million into crypto. If people seriously believe he will throw around with billions, they will get heavily disappointed. It might also be that he will buy himself exposure through futures and options, and not buy any crypto directly, which if so, it won't do anything for this market. Being conservative helps in this market, some times....
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April 07, 2018, 11:58:11 PM
 #12

I follow a bitcoin price prediction forum that says that within the next week the bitcoin price will fall on the $ 6k price range
this is based on the graph of bitcoin price fluctuations
What is your opinion

For that to happen, certain support levels need to broken but if you are going to look at the price today. It looks like its holding around the $6900-$7K levels so its still holding. However, if in a bad scenario, when support are broken then the price could go even further. That's how volatile the market is, so let's see how it goes in the next few weeks. Because there are also predictions that bitcoin is going to be pumped this month specially after the tax season is over. So don't be surprise if bitcoin breaks all the barriers and reach to $8-$9K and not falling at $6K.

 
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April 08, 2018, 04:35:43 AM
 #13

On this day I read a news on a ccn.com that's about taxday in United States is over, said Tom Lee. According to him bitcoin price will climb after 17 April 2018. The price fall recently it caused by some investor sell bitcoin to avoid pay tax. If I life in United States I will sell bitcoin as some investor do.

Perhaps it will happen, after 17 April the market will recover, and we will get the big income because I buy bitcoin in the deep price. All we know in the early of 2018 a bad for cryptocurrency world. All coin price decreased almost 50%, like bitcoin fall from $19.000 in the end 2017 and now the price $6900.
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April 08, 2018, 05:57:23 AM
 #14

In my opinion next week there will be a takeoff, not a price drop, so will see))
The market can not endlessly fall, there will be growth: it does not matter, tomorrow or in a year. So, the question remains open - how does the market start to grow in your opinion?
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April 08, 2018, 06:05:48 AM
 #15

I'm actually amazed that we fell to this price point even though we have countless positive news out there. One of which is the LN and other stuff. If you'll gonna take into consideration these positive news, you might be able to discern that the market that we have right now is heavily manipulated by certain institutions wanting to grab our precious "corn" at a much lower price. And unfortunately, they are achieving it little by little.

The prediction that you got from the forum that you're following may become true because the downtrend is inevitably obvious since January of this year. Other are thinking that we'l gonna touch the 5k area in the coming weeks and honestly speaking, I'll not be surprised by it. The people behind the huge manipulation are proving to be quite formidable in what they're doing.
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April 08, 2018, 09:07:51 AM
 #16

In my opinion next week there will be a takeoff, not a price drop, so will see))
take off? what is the highest price that bitcoin might accomplish this year? is this a good time if i want to invest in bitcoin now? will the current price not go down again?

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April 08, 2018, 09:25:17 AM
Last edit: April 15, 2018, 06:21:43 AM by Question123
 #17

Bitcoin as of now is $6900 and for sure maybe it will back again to the price of the $7000 this day or tomorrow better to buy more bitcoin so you can make more money once the price increase more again. Don't lose hope because we will see again the price increasing we need only to believe to bitcoin and start to our self the changes . Promote, buy and hold bitcoin.
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April 08, 2018, 11:02:00 AM
 #18

In my opinion next week there will be a takeoff, not a price drop, so will see))
take off? what is the highest price that bitcoin might accomplish this year? is this a good time if i want to invest in bitcoin now? will the current price not go down again?

Unfortunately, no one can say with certainty what the price will be at the peak this year,but maybe is a little easier to say that lowest price should not go below 6000$.Mostly estimates of some investors are from 20 000$ to 40 000$ by the end of this year,just check on Youtube Tom Lee,Mike Novogratz or Tim Draper.The last one is announced his prognosis for April 10,and since he is successfully predicted the price of BTC in 2014,it will be interesting to hear what it has to say this time.

I think it is good time for investment in BTC these days,but always with caution-and never invest money which you are not ready to lose.

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April 08, 2018, 12:16:57 PM
 #19

I follow a bitcoin price prediction forum that says that within the next week the bitcoin price will fall on the $ 6k price range
this is based on the graph of bitcoin price fluctuations
What is your opinion
who predict the next week possibilities it is impossible to predict the exact possibilities because know all the coins are green in crypto market so we don't predict the next week possibilities still market is fluctuating so we must wait for more then one month then only market is stable we should predict some future possibilities of bitcoin. I hope bitcoin will reach 8k to 9k USD in next week.

 
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TTITA
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April 08, 2018, 12:51:46 PM
 #20

I follow a bitcoin price prediction forum that says that within the next week the bitcoin price will fall on the $ 6k price range
this is based on the graph of bitcoin price fluctuations
What is your opinion
I don't think so. For a few days this data in the market still shows strong in position price of 7k, so it is likely next week will start up to 9k. The main parameter of price increase is certainly news that with Bitcoin, in the past 1 week there is no news that can cause negative effects in the market, so the upward price trend will have a great chance next week.
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