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Author Topic: Can Bitcoin stay above 6500?  (Read 539 times)
Hannahanto
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June 16, 2018, 04:06:40 PM
 #41

Today the price of bitcoin is very low, so dont sell your bitcoin now. This is not the right time to sell, just hold the bitcoin and wait for some more time. Because the market will recover soon. But the growth is not high immediately  but it will take some time. But sure by the end of the year the price will have massive growth it will cross more than 6500. It is definitely happen, wait with patience.
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Jating
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June 16, 2018, 07:53:09 PM
 #42

I wonder if I should sell now or hope for the bulls. Looks like it's way too late to sell...

Selling at dip doesn't make you money unless you bought it very low. Bitcoin did stay above $6500 after falling at $6K but it doesn't mean we are out of the woods yet. Most of the "speculators" is pointing that it can still go below $6K, so it doesn't look good at the moment. It looks like the bears are still very strong so the bulls can't do anything but to waited it out and look from the outside.

There's no news that will temporarily halted this bears which is kind of scary for all of us. But hey, we have been is this kind of situation, maybe tomorrow or the next day we will bounce back or it may go down again below $6K. So I advise everyone to make a back up plan now and follow it if something worst came into the market.
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June 16, 2018, 08:15:17 PM
Last edit: June 17, 2018, 05:59:56 AM by GoldenLad
 #43

Sure, why not it can. Even though many traders have lossed faith and many have sold off because they couldn't wait I still believe that bitcoin will pass this price within the appropriate time. We should all learn the previous time, about few months ago when bitcoin was lower than $7k and was in $6k for long. Many people feared and sold off but then the proce moved to $9k and they all rush to buy again. This is not how it suppose to be.
Zlatna Kopa4ka
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June 16, 2018, 08:17:38 PM
 #44

Hate to write this but I highly doubt that Bitcoin will stay above 6500 dollars. I know that selling my Bitcoins is a bad idea, though. Why would you sell at a dip, it probably won't even make you money, or at least return them. If I have the guts I would without doubt a hundred per cent buy some Bitcoins right now. I personally see it like this, Bitcoin will fall even under 6000 dollars, but for a short period, maybe like a week or even two weeks and then sky rocket. But that is just my personal opinion, I've read a couple of posts which share the same opinion as mine. It all depends on us at the end of the day, we are the ones which can make a change.
anisoptera
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June 16, 2018, 09:02:35 PM
 #45

it's obvious that it can, but i really doubt that it will happen because there is a lot of good pressure on the market at the moment and everything is still looking good

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June 17, 2018, 07:52:24 AM
 #46

Of course yes bitcoin price right now is about $6,700 and it's still continuing to recover. It's not time to sell bitcoin it's still very low you will regret to sell it right away. Don't be doubt what bitcoin showing right now it's normal.
bitcoinisbest
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June 17, 2018, 08:12:24 AM
 #47

Of course yes bitcoin price right now is about $6,700 and it's still continuing to recover. It's not time to sell bitcoin it's still very low you will regret to sell it right away. Don't be doubt what bitcoin showing right now it's normal.

It should ideally be above that range only and keep buying as in no time we could easily find btc rising upwards and recovering all the dips that has taken place in past months. May be one good news and we see btc rising by 1k or  2k just in a day and we are all set then for the 10k mark.
Ararbermas
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June 17, 2018, 03:22:17 PM
 #48

I wonder if I should sell now or hope for the bulls. Looks like it's way too late to sell...
for me probably there's no chance bitcoin can hold that value ($6500 ) .but it will not go further either what i mean it will not go under 6k , which is I'm still believing that this value still the bottom on this bloodbath. 'cause it's been a weeks now since the price swing back to this stage and there's no changes which is it always up and down on this price,  so probably it will start to bull run again soon, if i were you just put more patience on it if you want to recover your loses on it 'cause selling is a big mistake to be honest especially if you have huge loses.
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June 17, 2018, 03:55:39 PM
 #49

Of course yes bitcoin price right now is about $6,700 and it's still continuing to recover. It's not time to sell bitcoin it's still very low you will regret to sell it right away. Don't be doubt what bitcoin showing right now it's normal.
Bitcoin is getting a very strong support at that stage therefore we are hopeful that bitcoin price will stay above 6500 USD and will hopefully very soon even start increasing its price, it is expected that bitcoin price will cross 10000$ tell the end of June, therefore i think that we should not miss the golden opportunity and should try to invest money in bitcoin right now.
AnonBitCoiner
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June 17, 2018, 04:12:18 PM
 #50

I wonder if I should sell now or hope for the bulls. Looks like it's way too late to sell...

Now the price of bitcoin start to raise again.It's the good news for the people hold their money in bitcoin now.So don't sell your bitcoin.
Instead you can hold till the raise in price.If you have money,buy some bitcoin at the low price.Then sell at high price.



 

 

 

 

 

 


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Ulan01
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June 17, 2018, 04:21:43 PM
 #51

I wonder if I should sell now or hope for the bulls. Looks like it's way too late to sell...
when investing must have the same profit objectives. the value of bitcoin is now very low, it is very unlikely to sell our current investment because it will only get big losses. what can and is good for us to do now is remain confident that its value will be high and remain patient. I'm sure your patience will not be in vain because it will get results in the next few months.
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June 17, 2018, 04:40:48 PM
 #52

I wonder if I should sell now or hope for the bulls. Looks like it's way too late to sell...


Exactly. You had many chances to sell at double of the current price and even short time chance to sell at triple of the current price.  What was the reason that you did not sold is only know to you.  If you needed to rid of your Bitcoins you should. 

Now. If you can hold a bit longer, I am 100% positive there will be price of Bitcoin over $6500.  When? No one knows that. But time will come.  It is hard to suggest you what to do when we dont know when you need to sell your Bitcoins.
RamonBTC
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June 17, 2018, 06:19:31 PM
 #53

I wonder if I should sell now or hope for the bulls. Looks like it's way too late to sell...

I wonder too if you’re desperately needed money for even consider on selling at this price. And I think you’re not late in changing your strategy at this point. There’s a place for stupidity, but investment is not one of them. It is not greediness to ask or wait for more as it wasn’t wrong at first place. I know it’s hard to take the stand and hold the coins for so long, but we’re not talking about altcoin. It is bitcoin, you would regret it.
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June 17, 2018, 07:15:34 PM
 #54

Watching the declining volume and price it seems to me that a big move is approaching, definitely bears have the advantage right now, if it happens we are certainly going below 6k. We could bounce from that really hard like the last few times or continue the downtrend.
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June 17, 2018, 07:17:48 PM
 #55

There seem to be  so much resistance at about 6500 USD.if the price is not falling below that,just one direction it is going to go,and that is hopefully Up.
richardsNY
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June 17, 2018, 07:49:14 PM
 #56

There seem to be  so much resistance at about 6500 USD.if the price is not falling below that,just one direction it is going to go,and that is hopefully Up.

It's way too early to say that. I am quite sure that we might see another $6000 test in the coming days, but now in a more serious manner -- whales haven't put much effort into actually testing it yet. The move on Bitfinex was quite interesting because the dump that was meant to drag the market down, was countered with a quick but powerful enough dose of buy support. It could have been the same whale just trying to cause confusion or just to play around, but either way, we might be up for more. Bitfinex is the place where all the exciting action seems to be happening....
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June 17, 2018, 08:09:00 PM
 #57

Hope for the bulls to come. We can't assume on when will be the expected bull to come.

But there's only few words that I'll leave here which I have read somewhere on the web and whoever created it, credits to him.

 "In bitcoin we trust"

We trust for it's come back and healthy market soon.

We trust for it's domination.

We trust even the market falls.

We trust bitcoin in almost everything.

XinXan
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June 17, 2018, 09:40:31 PM
 #58

Hope for the bulls to come. We can't assume on when will be the expected bull to come.

But there's only few words that I'll leave here which I have read somewhere on the web and whoever created it, credits to him.

 "In bitcoin we trust"

We trust for it's come back and healthy market soon.

We trust for it's domination.

We trust even the market falls.

We trust bitcoin in almost everything.

If you are trading, don't hope for anything, wait for the right signals before buying. Right now, nothing indicates a reversal so there is no reason to buy right now unless you like extra risk, which is fine but you have to know how to play it correctly. Volume declining means that eventually a big move will happen.
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June 18, 2018, 12:06:15 AM
 #59

you should hold it because you will see bitcoin go to the moon at the end of the year, you will regret if you sell at this time.

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June 18, 2018, 07:01:24 AM
 #60

Hope for the bulls to come. We can't assume on when will be the expected bull to come.

But there's only few words that I'll leave here which I have read somewhere on the web and whoever created it, credits to him.

 "In bitcoin we trust"

We trust for it's come back and healthy market soon.

We trust for it's domination.

We trust even the market falls.

We trust bitcoin in almost everything.

If you are trading, don't hope for anything, wait for the right signals before buying. Right now, nothing indicates a reversal so there is no reason to buy right now unless you like extra risk, which is fine but you have to know how to play it correctly. Volume declining means that eventually a big move will happen.
I disagree, you say that there's no reason to buy right now? Taking a look of the past charts is enough to say that this is the best time to buy and it's under $6,500 again. Every time you're going to buy there's a risk, whether the market is up or not. We're struggling for months now and that big move for its surprising comeback is what we've been waiting for.

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