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Author Topic: falling at a price of $ 6k  (Read 237 times)
Lieldoryn
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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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denny27
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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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Swenna
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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
 #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.

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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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