Bitcoin can drop again 7K zone.

[domtom82]

I don't think it will drop below $7k anymore. Too much buyers above the long term support line. It is still a good chance to enter right now. I am pretty sure we will see ~ $8.500 by end of June/July.

[bminer.ca]

I don't think it will drop below $7k anymore. Too much buyers above the long term support line. It is still a good chance to enter right now. I am pretty sure we will see ~ $8.500 by end of June/July.

We're back in the 6k zone again. Starting to depress but hodl nevertheless...

[LuciferEveningStar]

Bitcoin can drop 7K zone for short time. As we see it's already drop 8500$ . So I expect it will drop below 8k, that means 7K zone. But it will no longer. I hope agin Bitcoin will grow up to 9K zone by next week. What you think about it ?

It was fine if the price of cryptocurrencies in the market drops because it only means that you will be having the chance to invest a huge amount but it was normal for those big holder to feel pressure since there is no assurance on when they will be getting their profit.

[richardsNY]

We're back in the 6k zone again. Starting to depress but hodl nevertheless...

It all depends on your position in the market. I managed to buy at ~$6800 just now and look forward to scoop up some more coins. It's going to be interesting today or tomorrow when it comes to the low of ~$6450 a few months ago. It only requires one dump to break that level and potentially trigger a test of the $6000 level. It will be extremely bullish if yet again proves that there is nothing that can break that level. Either way, this shows that you should always have fiat aside that you can use to buy the dips. Every lower buy means a lower overall buying price for your coins, which is what we all want, right?

[rainezerr401]

Bitcoin can drop 7K zone for short time. As we see it's already drop 8500$ . So I expect it will drop below 8k, that means 7K zone. But it will no longer. I hope agin Bitcoin will grow up to 9K zone by next week. What you think about it ?

The market is depending on the supply and demand of any coin it was listed on it so everything is possible as long as people will invest or trade their coins depending on the season.

[bminer.ca]

We're back in the 6k zone again. Starting to depress but hodl nevertheless...

It all depends on your position in the market. I managed to buy at ~$6800 just now and look forward to scoop up some more coins. It's going to be interesting today or tomorrow when it comes to the low of ~$6450 a few months ago. It only requires one dump to break that level and potentially trigger a test of the $6000 level. It will be extremely bullish if yet again proves that there is nothing that can break that level. Either way, this shows that you should always have fiat aside that you can use to buy the dips. Every lower buy means a lower overall buying price for your coins, which is what we all want, right?

I'm a miner, just a miner, providing software for miners. Therefore you could say that I am making just a little bit less money since my real cost is the power cost, not btc acquisition cost...