BTC back to $6000 ?

[aragom]

John McAfee said that bitcoin is not profitable to produce if it costs less than $ 8000. Soon the price should return to 8000 or 10 000. It's bad to see your money disappearing in front of you. You need to wait may be all will grow only need to trust and wait.

dont trust mcafee so much.

there was a table about electric cost and btc mining.
you can mine 1 btc to 4000 dollar on north countries. and 6000 in china.

btc will go around between 7000 and 9000 until end of the year

[1714897279]

1714897279

[1714897279]

1714897279

[blacktux88]

hi guys

i dont think btc will go back like 6000 or more down.
hope that the market will regenerate after july to nov

 

[galinskiydmitriy]

I think that Bitcoin's price is likely to drop below $ 6,000, but then it will recover sharply after reaching $ 5,700.

[baghodler123]

I got a feel like most people are waiting BTC to go under 6k and most people are loosing money on a market. So it probably will go down for a very short time and after that will go to 12k (to rekt both shorts and longs)

[moneyangel]

I do not think the bull period is here as prices of coin are still falling and this might still take sometime before it will rise. the price of bitcoin might have fallen so bad but I do not think it will go down to $6000 but it might fall to $7k. It is better to buy this period as the price is very low than when the price is higher because bitcon will rise very high as soon as the market recovers.

Not now they have risen back, their prices near $ 8,000. I think the market for the Crypto is so, the price of altcoin is always increasing over time, so do not worry too much about this market, they can make us very surprised profits, mainly we can be patient. Hold them not. That is the key to your success in this market.

When we encounter correction or downfall of price, we should not to worry as this is normal in this volatile market. The price is not strong enough to push higher and most investors had sell their coins for other purpose. It's normal with this scenario and I'm hoping that this 3rd quarter we can see a good rally making to the top again. Patient is badly needed in this situation.  

[Fendi23]

hope the price of bitcoin not lower than $7000 because the end of year the price prediction upper $16.000.

[donacal]

I think that the 7-8 resistance does not break it. And so now it is lateralized between 7 and 10 k. The next wave of purchases will explode up to 30k and ether at 5k

[duyduc256]

Almost lost $1000 today in values in last two days.  Just heard the bull has just entered. What's really causing this impact? The price was bit fluctuating between $8500 to $7500 for past ten days but today's impact brought down the value near $7500. Are we towards $6000?

I don't think the bull market has came.

In my opinion, there is always a probability that the price of the bitcoin can drop 6k or lower, but in my opinion, bitcoin has enough potential to reach a value which is more than 20k.

I agree with you . Bitcoin's potential is still huge and Bitcoin may soon again reach $ 20,000 this year as there is a lot of news about this market and it may attract a lot of big investors around the world this year. Personally, I still believe in a good future for Bitcoin because if I do not have faith, I will not participate in Cryptocurrency.

[320hz]

I think that we should be ready for any development of events. Maybe the market will fall so low, but it will be a good time to buy the most basic coins.

[LY CHI CUONG]

i think bitcon will dead in future !

[passwordnow]

Not yet and we can breathe properly right now.

Bitcoin hits $7,500 so we're quite far away to $6,000 but still there's a small boundary from $8,000 and $6,000 so we shouldn't be confident.

[Qfox]

Almost lost $1000 today in values in last two days.  Just heard the bull has just entered. What's really causing this impact? The price was bit fluctuating between $8500 to $7500 for past ten days but today's impact brought down the value near $7500. Are we towards $6000?

I don't think the bull market has came.

In my opinion, there is always a probability that the price of the bitcoin can drop 6k or lower, but in my opinion, bitcoin has enough potential to reach a value which is more than 20k.

I agree with you . Bitcoin's potential is still huge and Bitcoin may soon again reach $ 20,000 this year as there is a lot of news about this market and it may attract a lot of big investors around the world this year. Personally, I still believe in a good future for Bitcoin because if I do not have faith, I will not participate in Cryptocurrency.

My teacher told me，bitcoin will back to $1500-$2000 per each in 2018

[fulmetal08larz]

I don't think BTC price will retrace back to $6k. We have seen a strong support level for $6k way back in Feb 6 which closed at $7.6k. The last few days were finding support at $7k and I think it has been maintained at that level. Now, we are establishing another uptrend if $7.6k resistance is broken until $8.3k before it pulls back again to find another support. We might be able to witness another bullish run by Q4 of 2018. It is truly an exciting year because there have been many corporations that are willing to adapt the technology behind crypto currencies.

[cakmabokgot]

I think we are just in the middle of a bear market. We need to have nice news about the blockchain market to switch back. Maybe some news like `apple is going to accept BTC` or `X country is going to accept X coin for transportation costs` or the old news like `turkey and russia is using X coin for gas payments`. Those were the days guys. If we dont have these kinda news I think BTC will keep hanging around 7-8k s for a couple of months.
Scary. My income sucks. Let me attend some bounties then.

Also maybe Masterluc saying `btc is going to hit 100k in december` Come on Masterluc Do something save us

[Belal]

Not think I should be worried about the current market condition.
I think this decline is not going to take too long because we can trust the potential of btc
 I mean tons of whales and investors won't allow it unless there's a FUD evoked.

[foxsss55]

This drop could be just a correction of the initial rally
Bitcoin is basically just following the same trends it's been following for the past few years

[boranes]

It dropped to 7100 and it will bounce back. It is 7500 at the moment, just watch it and in a few weeks we are again at $10K.
Don't panic, it is very usual movement lately.

My teacher told me，bitcoin will back to $1500-$2000 per each in 2018

Find new teacher.

[kaena555]

Almost lost $1000 today in values in last two days.  Just heard the bull has just entered. What's really causing this impact? The price was bit fluctuating between $8500 to $7500 for past ten days but today's impact brought down the value near $7500. Are we towards $6000?

I don't think we're going any lower than we already are. To 6000 $ bitcoin is unlikely to fall l. And even if it goes down, you can buy it for cheap.

[Kebokantahu]

It dropped to 7100 and it will bounce back. It is 7500 at the moment, just watch it and in a few weeks we are again at $10K.
Don't panic, it is very usual movement lately.

My teacher told me，bitcoin will back to $1500-$2000 per each in 2018

Find new teacher.

yes it's important optimistic just for its growth back, I think in the near future bitcoin will indeed return to the price of $ 10k
it's better to have other capital to buy it back while the price is low, many are advising to invest in long-term bitcoins alone and many seniors are predicting by the end of this year bitcoin prices will soar back to their highest prices as late last year

[eagleman]

This drop could be just a correction of the initial rally

The correction has started since January and bitcoin hasn't recovered yet until now.

Bitcoin is basically just following the same trends it's been following for the past few years

There can be a resemblance from the past charts but it's also affected with the factors that affects the world's economy.