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Author Topic: falling at a price of $ 6k  (Read 471 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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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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April 08, 2018, 01:02:33 PM
 #21

Bitcoin cannot constantly increase in price. We understood that. Now we have to make sure that bitcoin also can not constantly fall in price. I'm sure the whales are already celebrating. They bought a lot of cheap coins and now want to sell them expensive. The price will now start its rapid growth.
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April 08, 2018, 01:41:13 PM
 #22

But anyway., a prediction, it doesn't just depend on predicting price through price fluctuations graph, it's still a lot of things out there that will affect it unexpectedly. In my opinion personally, I think it will be at $7k upwards within the next week.

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April 08, 2018, 02:12:03 PM
 #23

Bitcoin price will keep on fluctuating. It's okay if the price falls to 6k because it'll rise up very soon in the near future. Besides, potray this in your mind as an opportunity for the investors to invest because when the price get increased, they'll be able to sell it on a good amount and make profit.
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April 08, 2018, 02:50:23 PM
 #24

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
How come anyone will be able to predict the price looking at the graph, it is just speculation on how the market could be and there is nothing certain, the price is trading on a range for some time and i hope we wont see a total crash in the price, anything above the price of five thousand dollars in a good valuation for me, lets see how the price would be by the end of this year.
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April 08, 2018, 02:57:43 PM
 #25

Bitcoin cannot constantly increase in price. We understood that. Now we have to make sure that bitcoin also can not constantly fall in price. I'm sure the whales are already celebrating. They bought a lot of cheap coins and now want to sell them expensive. The price will now start its rapid growth.

I agree. So far, I think this is the longest period by which the price of bitcoin didn't go down below. If in case bitcoin is already on it's recovery stage and that the price will continue to increase, then the whales and everyone who had bought during the dip will now see the profit that they have made. However, even though the price of bitcoin is good now, there's still no assurance that it will continue to do so.
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April 08, 2018, 03:51:31 PM
 #26

Bitcoin cannot constantly increase in price. We understood that. Now we have to make sure that bitcoin also can not constantly fall in price. I'm sure the whales are already celebrating. They bought a lot of cheap coins and now want to sell them expensive. The price will now start its rapid growth.

I agree. So far, I think this is the longest period by which the price of bitcoin didn't go down below. If in case bitcoin is already on it's recovery stage and that the price will continue to increase, then the whales and everyone who had bought during the dip will now see the profit that they have made. However, even though the price of bitcoin is good now, there's still no assurance that it will continue to do so.
I think the price of bitcoin right now is the same what happens a few years ago so it's normal to see the price fall during a vacation time if what happened last year is different will happen this year.

The reason behind of continues increase last year it's because of block halving, after block halving we already saw that the price increased until people found news that the price of bitcoin is increasing day by day that's why people keep investing until the price hits $20k value last year. This year it's a different movement of the price because some country is regulating bitcoin or banning bitcoin due to its risk because there are many investment schemes advertise online and they wanted to prevent people to invest in fake projects to be safe of all investors.

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April 08, 2018, 03:55:53 PM
 #27

I follow a bitcoin price prediction forum that says that within the next week the bitcoin price will fall on the $ 6k price range
Prediction of the forum you say? I think we have our own speculation of prices and also some individuals here on the forum predicted that price range not as an entire forum some say the price of bitcoin will further fall to 4K USD and some guessed it will fall down to 500 dollars the rest you will read is their hypothesis of the exaggerated price prediction, the only thing it matters is that bitcoin has it is own green days, it is still fighting back to 7K plus can't conclude the exact amount on the exact time.
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April 08, 2018, 03:57:25 PM
 #28

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
Not 6k if you see the 1 day candlestick chart of bitcoin. As per my theory which too is referenced by theory of some other people price target for next week is 5900. Last time too I predicted btc to reach 6k when it was hovering around 9k and it did reach 6k. But I saw the short term chart today which makes me feel that there will be a certain rice of bitcoin to 8k before it goes down as there is a double bottom formation going on in the 1 day chart. If it is formed then first we might see 8k and then a great dip.
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April 08, 2018, 04:22:56 PM
 #29

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?

It's impossible to answer these questions with certainty. If we could we'd all become millionaires in the near future.
To be honest with you the highest price that it can achieve this year is 5 times higher than it is now. Historically BTC pumps have usually ended with about 4 times the starting price In 2013 3 times, in 2017 4 times so it would be logical to think that we won't achieve more in 1 year.
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April 08, 2018, 05:39:33 PM
 #30



You can make profit margins in every kind market scenarios. Don't always wait for bull markets. Do shorting while bear and longing while bull. Play smartly in crypto market. There is immense profit potential. All you need to understand is trend and technical analysis. Invest some time in reading and researching. This falling price is also a good opportunity to encash some profit. This is the usual market cycle. Price is expected to recover in following quarters.
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April 08, 2018, 05:50:28 PM
 #31

The current market situation is an avenue investors to put in their money and expect good return on investment in nearest future as so many people made huge profit from their investment in 2017.

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April 08, 2018, 06:26:14 PM
 #32

Bitcoin price will keep on fluctuating. It's okay if the price falls to 6k because it'll rise up very soon in the near future. Besides, potray this in your mind as an opportunity for the investors to invest because when the price get increased, they'll be able to sell it on a good amount and make profit.

It will remain as volatile as it is now until the crypto space matures. Then we will see a stabilization. All the great assets had the same path in their beginnings
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April 08, 2018, 07:04:56 PM
Last edit: April 09, 2018, 06:33:26 PM by tylerderden
 #33

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
It does seems to be possible and if this could happen then bitcoin will be at approximately one third of it's all time high price and this seems depressing that bitcoin price is falling after such high price at the end of 2017 and now the price isn't able to recover the dump started on 2018,and now day by day these kind of news are coming up. Also there are many people who fall in the trap of this kind of news and sell their coins thinking that price will fall and are proven wrong if the price starts rising again and they suffer a loss there.
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April 09, 2018, 08:18:19 AM
 #34

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

Based on the development of recent days, I think that there is probably more of a chance that we will go on a small rally first before price probably continues to tank further. Eventually I think the $6.6k support will not hold up, and bitcoin will fall under that. But not this week.

This pump is one a reaction to the $6.6k support level holding up nicely without collapse, and also can be attributed to Tom Lee saying that bitcoin's bear market will take a break on tax day in the US.

But either way, I don't think that this small rally will go anywhere beyond perhaps $8.5k in terms of pricing. Most likely the price will be brought down further since we are not fully out of the bear market right now.

Smiley
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April 09, 2018, 09:14:38 AM
 #35

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
It does seems to be possible and if this could happen then bitcoin will be at approximately one third of it's all time high price and this seems depressing that bitcoin price is falling.
Yes, every investor should know that there is a season for every market even in real life businesses, there are just some moments when things will be quite slow, you will be running into loss and then boom, you start seeing some trends kicking in as profit keeps shooting the losses out of the way and that is how everyone should see this moment. Investing in cryptocurrency requires patience and whoever that cannot have such patience is not really ready.

Let us see how the way forward is going to play out from here till September. With dumps from MtGox palaver is a lot to take in at once. There is nothing that is not glaring for experts to agree actually since the master dumper itself who does not care a single bit what happens to the market has decided to play the strong bear momentum. I wonder why he had to wait all these while before selling though when he could have just sold during the bull run.
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April 09, 2018, 09:22:32 AM
 #36

It will remain as volatile as it is now until the crypto space matures. Then we will see a stabilization. All the great assets had the same path in their beginnings

Crypto space maturing means exchanges have to be subject to stock market security measures, and this seems to be a matter of time, and I very much welcome that change. If I look back at my time here, which has been a +5 year journey, then it's safe to say that till now, exchanges are exactly the same as they were back in the days. I expected some changes for the better, but nothing so far.

Liquidity is as poor as always, and exchanges can get dumped down like 50% without intervals, and exchanges are as poorly managed as always. I know people think it's great to have this because this is part of the free market that we are in, but this is exactly what keeps institutional investors away. I am sure that OTC trading volumes exceed the volumes that exchanges are pumping through, but yet the shitty exchanges decide the price for us. It would be good to have one single global orderbook, just like stock markets, where current exchanges will be nothing more than broker firms. Perhaps, we'll be there eventually.
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April 09, 2018, 11:36:59 AM
 #37

C'mon guys! it's just a prediction and we all know that, has been a lot of predictions of people who missed in the last weekend. in my opinion about my analysis, the price will continue to keep up and down normally and not massively. I think it's just bullshit, even tom lee says that after past 17 april price will increase. but, it is still in the prediction stage only.
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April 09, 2018, 12:53:18 PM
 #38

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.
from the start I was not sure of that prediction but I had been following the group's predictions for a long time. so I am in a hurry and therefore I am asking the opinions of the masters in this forum

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April 09, 2018, 07:46:28 PM
 #39

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.
from the start I was not sure of that prediction but I had been following the group's predictions for a long time. so I am in a hurry and therefore I am asking the opinions of the masters in this forum
the fact that in this forum quite a lot of people who Express your opinion, or expresses its a dream that they would like to see in fact. but all very different from the reality and almost all of these words do not have any value, with no cost.

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April 10, 2018, 02:21:10 AM
 #40

Now Bitcoin price is falling, but in this week the price will more be stable at the moment. I hope in the future will rise and come back again like last year (the high price). Many speculation effects to Bitcoin price falling. Most of the people panic and sell their bitcoin. For me I still believe Bitcoin will rise, because in my experiences Bitcoin still give me more profit more than gold.
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April 10, 2018, 04:41:40 AM
 #41

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
In my own technical analysis it has an 70%-80% chance to fall down below 6k usd so in order to have a long cycle it much attain its waves furthermore fall down and start from that price to slowly have a new accumulations. I expect more probably 4-6k of accumulation period and we are heading for a good growth and to condider also some good news or bad news.


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April 10, 2018, 12:36:44 PM
 #42

But anyway., a prediction, it doesn't just depend on predicting price through price fluctuations graph, it's still a lot of things out there that will affect it unexpectedly. In my opinion personally, I think it will be at $7k upwards within the next week.
The market is done with correction almost and this is the time for coins to increase in values as much as they can. As far as bitcoin is concerned, it is since holding the largest market and since it is the biggest giant of the market, the progress shown by it would be little slow but the end results would be amazing. Bitcoin is the most successful and trusted virtual currency of this crypto land. Support it to peak.
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April 10, 2018, 02:35:58 PM
 #43

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....
What I mean his statement boosted up the market for awhile. He didn't do anything but he did some helped to pump it for awhile but now it's back to $6,700.
That's what everyone is expecting that he's going to invest more than billions of dollars as the news are mentioning. But you have the point on and I'm getting it.




 

 

 

 

 

 


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April 10, 2018, 03:07:34 PM
 #44

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
Increase and decrease always involved on cryptocurrency.So it's not a new news for bitcoin.We know crypto market is always fluctuations.If this prediction will right then I think this is a good chance for bitcoin investor.If bitcoin price falling $6k then i will invest more money on bitcoin.
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April 10, 2018, 03:08:23 PM
 #45

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
The market is really way unpredicatble at this moment. Anything could possibly happen whether it is in favor for bitcoin not. Some are saying that after a couple of weeks,the market will start to rise,while on the other hand,some are saying that dumps will continue for the rest of the year. But the best thing to do still is to hold,wait and see it for ourselves.

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April 10, 2018, 04:02:06 PM
 #46

You can't predict Bitcoin price from analysing a chart.
Don't trust those forums they may misslead and make you take a wrong decision.
Alts speculation can be easier because of the low marketcap and low demand so figuring out resistance levels is easier.

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April 10, 2018, 09:11:50 PM
 #47

You can't predict Bitcoin price from analysing a chart.
Don't trust those forums they may misslead and make you take a wrong decision.
Alts speculation can be easier because of the low marketcap and low demand so figuring out resistance levels is easier.
I'm already beginning to get used to the fact that the price for Bitcoin will fluctuate from 6,000 dollars to 7,000 dollars. It seems that until the end of 2018, we will not see any rise in prices and a rise in the market.
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April 10, 2018, 09:26:25 PM
 #48

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
What is this forum that you are mentioning? Kindly tell us.

You can't predict Bitcoin price from analysing a chart.
You can predict without even those charts but base on what you can see and on your own perspective. This is why the prediction market has been dominated by FUDs who wants to tell a lie and wants to give a lot of investors panic during the dip.

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April 10, 2018, 10:19:53 PM
 #49

Some people will speculate the price of bitcoin. Holders gonna hold and we can't predict the future if the price goes down then time to buy the dip! but price of 6kusd is a good price. Believe me or not this price is a good buy!
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April 10, 2018, 11:43:38 PM
 #50

It seems that until the end of 2018, we will not see any rise in prices and a rise in the market.
Don't judge a book by its cover. If this market is consolidating above the $6000 mark, the market will gain more and more confidence by the week that goes by, which is what we want right now.

It should result in a slow increase that hopefully, will allow the market to settle near the $10,000 mark before the end of the year. Everything that we manage to stack on top of the $10,000 mark is an early Christmas present.

Don't forget that while people are worrying about the market, there is serious accumulation going on in the background. By the time most people here realize that, they would wish they bought more today.

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April 11, 2018, 02:33:52 AM
 #51

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

BTC's uptrend was limited as it tried to break the $7k resistance definitively. It could due to the RBI's new regulations, but depends on how the markets hold up at the $6.5k support level. Currently we're seeing a small rebound of about 1% gain from yesterday, which is nice to see.

If this current increase in price does not continue and the price stagnates, there is definitely a potential of the price going down further during the week.

I don't think that we're out of this bear market yet, which means that most likely we're going to see lower levels sooner or later. $6k will happen at some point in my opinion, as markets try to adjust and consolidate at lower prices during the year. Just not sure if that's going to happen this week.
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April 11, 2018, 11:15:35 AM
 #52

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.
Bitcoin went lower than $6.2k on most exchanges if you check very well at the time you mentioned before we ended up seeing a bounce. In fact, it was around $5980 on the average for most exchanges. After all, I expect to see some form of double bottom if we get to see an occasion like this, which I believe may cause a rally but if the volume on the bounce is pretty low, I do not know what may be happening from there onward, but I want to assume we will get to see a nice bounce on volume if we eventually do.

It is bitcoin and anything can happen. However, if it does, it would just be a chance to buy more, and if it does not, it is still good. The $6k spot may have some pretty good bounce though, and from there we may get to know where we are heading next as it looks like the market is undecided of the next move now.
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April 11, 2018, 11:36:27 AM
 #53

High likelihood it will drop more or stay relatively even considering how the market is struggling to get above the moving average on just about every graph short or long term. I'm going to be selling some coins to try and buy back in after a day or two with the way things are looking right now. But there's been a lot of negative days so it wouldn't be surprising to also have the market try to recover a little bit of that. I'd say april could turn out to be a nice run up as well.
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April 11, 2018, 12:20:35 PM
 #54

High likelihood it will drop more or stay relatively even considering how the market is struggling to get above the moving average on just about every graph short or long term. I'm going to be selling some coins to try and buy back in after a day or two with the way things are looking right now. But there's been a lot of negative days so it wouldn't be surprising to also have the market try to recover a little bit of that. I'd say april could turn out to be a nice run up as well.

Well at this point some of my alts are pretty moving positively so that at least is one positive thing coming out of this sideways btc movement. But i agree, i won't be surprised if btc continues to drop and probably will be bearish until the ber months Sad

 
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April 11, 2018, 12:25:24 PM
 #55

High likelihood it will drop more or stay relatively even considering how the market is struggling to get above the moving average on just about every graph short or long term. I'm going to be selling some coins to try and buy back in after a day or two with the way things are looking right now. But there's been a lot of negative days so it wouldn't be surprising to also have the market try to recover a little bit of that. I'd say april could turn out to be a nice run up as well.

Well at this point some of my alts are pretty moving positively so that at least is one positive thing coming out of this sideways btc movement. But i agree, i won't be surprised if btc continues to drop and probably will be bearish until the ber months Sad

Ber, you mean September onwards? I am thinking of end of May no longer for bear market reversal. should be plain and boring till then.
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April 11, 2018, 01:58:01 PM
 #56

Not seeing exactly the fall of bitcoin to $ 6k, much of the gradual increase is likely to be slow at the moment, but it is definitely a recovery for the glory by the end of this year which many assume will increase enormously, it's not a thing That would be very worrying, do not be a breakthrough that will be very severe, it is also possible to go lower again on the other side to be a profit for investors to buy more, everything will happen as it should.
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April 11, 2018, 02:29:16 PM
 #57

I follow a bitcoin price prediction forum that says that within the next week the bitcoin price will fall on the $ 6k price range
It's been almost a week and bitcoin is still $6,900+ which is a good sign that bitcoin has moved up for awhile.

this is based on the graph of bitcoin price fluctuations
What is your opinion
My opinion on this one is we shouldn't focus on day to day fluctuation, it's just going to us a lot of stress.

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April 11, 2018, 04:42:20 PM
 #58

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
This speculations is not totally true, from the previous weeks bitcoin's price has been playing around 67000 but this week it has reached to 7100. Some are quite happy about this movement but many are still expecting more. With the recent negative blow against bitcoin we must appreciate this growth because it was not an easy battle eversince last December following to the highest price. Bitcoin was put to the spotlight after that many has tried to destroy it. They funded adverstisement to impose a bad impact to bitcoin and in fact a lot of investors sold out and got weak which really made the market of bitcoin drop. Following to depression of it's price for several months the present price condition is a breath of fresh air for me.
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April 11, 2018, 04:59:34 PM
 #59

I follow a bitcoin price prediction forum that says that within the next week the bitcoin price will fall on the $ 6k price range

Thats outside the current range, the reason we are mostly holding the same price for a while now is there is support nearby.    Also we have a trend longterm just overhead, so the range between those two is quite limited.
The only date I look at really is maybe the end of Tax year 15th april but Im not sure that is massively important.


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BUK2016
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April 11, 2018, 05:13:17 PM
 #60

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
Well, I don't have an idea of the value of bitcoin at the time you made this post though am suspecting that bitcoin value was below $7,000 around 6th of this month which mean that it was not a prediction again. Bitcoin is currently recovering from a downward trend of below $6,500 to the current value of $6,800 and we hope that it will continue to grow in value.
usekevin
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April 11, 2018, 05:15:06 PM
 #61

It's not seem true.Now the price of bitcoin again start to raise.So the speculation should be in positive manner. The price of bitcoin reach 6952$,it is closer to 7000$.I personally think the price of bitcoin will reach 7500$ in a week.Do you want to get some more dollars ,just hold your breath and keep your bitcoin for a while. If the price cross 7500$,you will get the profit for holding.
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April 11, 2018, 05:18:57 PM
 #62

I think that the opposite is coming as Bitcoin had failed to go down once more in the 6,500$ level and it has established a support out there, every time it goes down below 7,000$ it will quickly climb back up above it. But if it will really go down more than 6,500$ I believe that there will still have a small price rally up before it goes down to that level.
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