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Ikay
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June 22, 2018, 10:30:42 PM |
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The volatility of bitcoin are cannot be predicted perhaps it can be manipulated by many investors because the one can change the value of bitcoin is we investors so we will be considered this a challenge to continue to promote positive about bitcoin to grow it more.
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G2z_Riya
Member
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Activity: 217
Merit: 14
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June 22, 2018, 10:30:53 PM |
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I don't know what is gonna happen, previously it fell low around $6100 and it gained stability to reach $6200 and once again it began to fall low reaching around $6000. Each and every move is happening in a precise manner gradually, hoping for a recovery and the rest is in God's hand.
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Reid
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June 22, 2018, 10:36:47 PM |
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How much more fall is possible in price of bitcoins?
It just did again. Looks like we are going to see more panic sellers from now on and below 5k USD. Yes it might go there but you are all giving away bitcoin to the whales if you do so. Again. It is still at a large price if you are looking at a yearly method. I dont really think it is a good idea to sell. There might be a pump anytime if investors will be deciding to come in. |
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samycoin
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June 22, 2018, 10:42:49 PM |
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How much more fall is possible in price of bitcoins?
No one can say how much more fall will bitcoin but as of now I don't know if will down to 5k or not. We wait and see what will be the latest price. And I wish people will not do a panic selling because bitcoin is down. |
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mkhadazz
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June 22, 2018, 10:46:39 PM |
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I do not think anyone knows when bitcoin will decline again and nobody can predict how many times the bitcoin will fall in price, all you can do is to take advantage of all the situations in place for profit.
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poplolnman
Legendary
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Activity: 1442
Merit: 1008
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June 22, 2018, 10:54:50 PM |
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anything is possible of course. but in my opinion limit of downtrend is around 6k usd. even if it drops below it, it can not stay there for so long. because mining costs are pretty high. electricity is expensive and hardware costs for bitcoin minings is also really very expensive.
The $6k support are so weak currently, I'm a little bit pessimistic the market could hold on that soon. $5k might be a real safe line , the downtrend could continue till the end of next month... Even make surprise drop back to $1k ? If there's another swing hanging for long time , hopefully it won't happen . |
I'm in 400,000 euros debt , dont help me , i rather die
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BlackBeauty
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Activity: 308
Merit: 10
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June 22, 2018, 11:05:36 PM |
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anything is possible of course. but in my opinion limit of downtrend is around 6k usd. even if it drops below it, it can not stay there for so long. because mining costs are pretty high. electricity is expensive and hardware costs for bitcoin minings is also really very expensive.
The $6k support are so weak currently, I'm a little bit pessimistic the market could hold on that soon. $5k might be a real safe line , the downtrend could continue till the end of next month... Even make surprise drop back to $1k ? If there's another swing hanging for long time , hopefully it won't happen . yes i will suppose that its price will never drop from 6k because many people think that it will more high and that is why they want to more investment in this currency and if they hold their currency for long time it will more beneficial for them ad also for bitcoin currency because holding of money is very important to increase its price. |
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Shenrox
Member
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Activity: 140
Merit: 10
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June 22, 2018, 11:24:02 PM |
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Not so much , but i think that it can easily drop to at least $5,000, but it all depends on the entire market works, and a lot of things are happening now
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Sled
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June 22, 2018, 11:24:32 PM |
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I think that the fall in the market for cryptocurrencies will be more and more and the price of bitcoin could be possibly go to $4,000 level and if the fall will not stop there then that will be the sign for the cryptocurrencies that we will have a long time bearish market but i am hoping that this is just temporary and soon enough before this year ends we will have a price rally.
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marsmyname
Member
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Activity: 332
Merit: 12
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June 23, 2018, 05:48:47 AM |
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I do not think that prices will fall much now, this is right time to invest. After it reaches $10 k mark, it will double in next 2-3 months only.
Yes bitcoin will not going down so hard now once it reached $10k a big possibility to recover. Possible for that price may reach higher than today so good to buy during this time. 10K should be soon around the corner. Only some boost is required to btc or some best news somewhere from the world could help the btc to move upwards and we know that btc can rise very quickly like the way it falls. Also now it is showing some sign of recovery from now onward. We can not say anything in this regard to predict the value of Bitcoin as we know that the market is unstable and we need to make decisions according to preset conditions. We should keep in mind that it is a long term investment and gives us both the opportunities to get benefits, the low market is also a benefit for buyers and then high market is benefited for sellers. |
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ArnoldChippy
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June 23, 2018, 08:09:58 PM |
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3-month tech indicators tell there will be an upward trend, but not sharp. About 8-8.5 by october
No one can surely say about bitcoin, everyone is just prediction the price of bitcoin according to his own analysis, and most of the analyst are still confident about bitcoin price that it can increase too much in next few months, some are even thinking that the bitcoin price can very soon reach to 30000$, therefore i think that we cannot say anything in advance. |
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NevejElad
Newbie
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Activity: 126
Merit: 0
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June 23, 2018, 09:09:25 PM |
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3-month tech indicators tell there will be an upward trend, but not sharp. About 8-8.5 by october
No one can surely say about bitcoin, everyone is just prediction the price of bitcoin according to his own analysis, and most of the analyst are still confident about bitcoin price that it can increase too much in next few months, some are even thinking that the bitcoin price can very soon reach to 30000$, therefore i think that we cannot say anything in advance. That is right ,we can not surely say that ,there are many or there are no more downfall of price value happenning in the coin market, because it will depend on the factors that really affect this volatility of price value of coin ,all we wanna do is just observe the market, if you think its good yo buy then buy ,if it is needed to see then continue. |
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redsap
Member
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Activity: 336
Merit: 10
Harmony for One and All
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June 23, 2018, 09:42:47 PM |
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well i think, bitcoin price just going fall to below in the 6k price because if drops below in it, there is must be something hidden this fall like any bad news happen, if this fall just going like this, just normal i guess still
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jho0810
Jr. Member
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Activity: 213
Merit: 1
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June 23, 2018, 10:02:41 PM |
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How much more fall is possible in price of bitcoins?
We can't say about this situation because it's hard to say bitcoin will go down more but all people is hoping that we survive this down price so we can start to gain our profits. |
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shulio
Legendary
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Activity: 1540
Merit: 1016
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June 23, 2018, 10:05:52 PM |
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We may see 3000 dollars but it will be a quick dump and pump. We will buy bitcoin at 4000 dollars at the end of the year.
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South Park
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June 23, 2018, 11:29:21 PM |
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How much more fall is possible in price of bitcoins?
Right now the price is not going to fall that much more, but I will be ready in case this happens, there are many rumors than in the next months there are going to be many bitcoins up for sell and if this is true then the price of bitcoin will probably go down since the supply will be higher and I do not see the demand growing that much in just a few months. |
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Punit kumar
Newbie
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Activity: 63
Merit: 0
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June 23, 2018, 11:45:52 PM |
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You can never be sure about how much Bitcoin will fall more. It can go up very fast like last time when it jumped from 6800$ to 7900$ in just 20 minutes or it can keep going down like it is doing now.
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barabarian1
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June 24, 2018, 03:54:43 AM |
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maybe the bitcoin price could be $ 0. if the coin market conditions do not improve, investors are experiencing no confidence in the coin market consequently there is a large selling action and there is a negative issue or price manipulation so that the decline in bitcoin prices continue to sharply. if such conditions continue to occur then it is possible the bitcoin price becomes $ 0.
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olalaMaty
Newbie
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Activity: 126
Merit: 0
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June 24, 2018, 06:41:07 AM |
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Can reduce as much as many of you when you want or are investing in bitcoin market you want to know the level of growth as well as their price in the future to have the best investment plan.
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Lorna111
Member
Offline
Activity: 280
Merit: 11
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June 24, 2018, 06:54:42 AM |
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I think Bitcoin will go up and will always be the most expensive cryptocurrency mainly since it's the original and is the most recognized cryptocurrency to the general public. Majority of us probably all started getting into cryptocurrency originally because of Bitcoin so if cryptocurrencies ever do take off and companies do start accepting them in their stores the original cryptocurrency will definitely be the first one to be accepted which would cause it's price to increase.
How much more drops? Bitcoin is being beaten in all front, Issue on Scammer, Hacking,Banned, and Regulation by the government financial institution. Not to mention the Bad news all over the social media, print and even on the Broadcast media, the most recent that affects the drops on Bitcoin price the reported news on the possible Hacking incident in South Korea ( Bithumb) does result to wide spread panic of Bitcoin investors. Still this is market Volatility, market will correct itself after the market drops..Patient is the Key now, Hold on for your Bitcoin it will goes up again. |
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