Can Bitcoin stay above 6500?

[gabmen]

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.

Well, it'll come when it it comes. In this kind of market I guess you'll just have to make a stand lol. Whether you believe in btc or you're out of here. We're probably going to dip below 6.5k and even lower so if you don't trust in btc and believe in it's long term project, then it's time to exit :p

[liuqi]

Bitcoin is completely decentralised platform so no one is predict the Bitcoin value so it will raise or fall whatever happen in Crypto market. All the peoples are continuously investing in Bitcoin automatically this will going to moon. This price variation is stable in next month so Bitcoin will reach more than 10k USD in next month.

[Binugon]

may be able to wait until bitcoin prices rise after touching the price of $ 7000 to $ 7500. and hopefully the market gets strong fundamental support. and maybe after that it might be possible.

[krauzzer02]

Then later on the price of the market become bullish they will say good thing I did not sell and waited for this moment, Just hold your bitcoin selling is pointless right now as the majority has losses to deal with too thus not profitable to sell into fiat right now, endure the pain of losing some values and you will see later the value of holding, not guaranteed that it will increase suddenly but the possibilities are there to consider.

[Denker]

Bitcoin is completely decentralised platform so no one is predict the Bitcoin value so it will raise or fall whatever happen in Crypto market. All the peoples are continuously investing in Bitcoin automatically this will going to moon. This price variation is stable in next month so Bitcoin will reach more than 10k USD in next month.

I agree with you that predicting a future price of Bitcoin in the short term is almost impossible.
But this doesn't have anything to do with Bitcoin's decentralization.
The decentralization ensures that your txns can not be censored and that you are able to participate in the network from wherever and whenever you want.
But this has no (short term) impact on the price. This is done by traders, speculators and investors who buy and sell  on various exchanges around the globe.

[KennyR]

Looking upon today's market situation I believe that the price will stay above $6500. Moreover we don't know how long this will continue, because the growth happening with bitcoin is out of human prediction. The continued support got from the users is the driving force to make the price stay above the $6500 limit.

[JohnJarvis99]

Now is over . But about at future, noone know it.

[Superzpay]

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

It is not good to sell right now because the price will stay more high than what you are expecting. The price is already started to increase and will continue for a longer period to increase in value. If you can hold your coins for longer period then you will be lucky to have your bitcoins in the future.

[Hamphser]

Looking upon today's market situation I believe that the price will stay above $6500. Moreover we don't know how long this will continue, because the growth happening with bitcoin is out of human prediction. The continued support got from the users is the driving force to make the price stay above the $6500 limit.

If theres a demand there would be always a recovery and these price ranges when bitcoin is playing on. No one can predict the future and we wont really know on how long it would tank. As an investor the thing you should do is to focus to buy on a dip price, lets say we do see bitcoin hitting $6252 on June 13 20:00 UTC if we do able to buy out on that time then the current price as of now is on $6717 then shorting out will make you already $460+ on a matter of 6 days which isnt bad.

[luckybtccasino.com]

Do not sell at  this point ,if you bought a few months ago, what is the point of selling just  right now? it would be a very dumb decision to be honest

[osasshem]

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

If you think it way too late to sell, then hold and wait for the bull rise. This year is too unpredictable, the price of bitcoin is dropping without a hold or point of stability. So, for me, holding is the best thing at this point and wait forward to the future.

[cryptojac17]

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

If you think it way too late to sell, then hold and wait for the bull rise. This year is too unpredictable, the price of bitcoin is dropping without a hold or point of stability. So, for me, holding is the best thing at this point and wait forward to the future.

As of now your patience will be tested because nothing that you should do or unless you allow to to be loosed, because this year is very unpredictable, be smart in your undertaking because if dump you these times you'll be a losser.

[oli123]

As an investor in cryptos, you should stick to a predefined investment plan or strategy. A well-chosen plan can decide on success or failure in trading. It is hard to predict the price of bitcoin at this time. In the long run, however, the situation may be quite different.
As the bitcoin dropped, it could reach ALL-TIME-HIGH again. I would definitely not sell.

[alex M]

Bitcoin is completely decentralised platform so no one is predict the Bitcoin value so it will raise or fall whatever happen in Crypto market. All the peoples are continuously investing in Bitcoin automatically this will going to moon. This price variation is stable in next month so Bitcoin will reach more than 10k USD in next month.

Absolutely right. We cannot predict when the price will go bullish or will go down. Perhaps it can stay above $6.5K this month. But one thing we are sure for now in cryptomarket, bitcoin can still recover despite the fact of how many times it dipped. So just HODL and be calm, the market price of bitcoin will rise again soon.

[Paniudto]

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

It's hard to say what the future will be but i think you should hold your bitcoins right now because if you would sell it, it will only add to the supply in the market thus bringing the price down further.

[Thirdspace]

It slightly rises up today, lets hope it continues climbing up to $8,000 level
if it drops close to $6,000 I would suggest to buy more or just hodl what you have
you can cash out when it reaches $7,000-$7,500 to realize (secure) some profits
then you can buy back again when there is another dip back to $6,000

[Capt00]

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

Isn't wise to sell them off our coins in the current situation we have, bull runs will coming soon as we entered in the 3rd quarter. Mostly it happens in the previous years, only we have to do is to patiently waiting and never mind on red colors, it will turn into green in the coming days.

[Gameroid]

Then later on the price of the market become bullish they will say good thing I did not sell and waited for this moment, Just hold your bitcoin selling is pointless right now as the majority has losses to deal with too thus not profitable to sell into fiat right now, endure the pain of losing some values and you will see later the value of holding, not guaranteed that it will increase suddenly but the possibilities are there to consider.

I think that it already has break the 6500$ level and currency bitcoin price is trading in 6457$, but still i would like to say that people still want to invest money and bitcoin and still they are showing good interest there, therefore i think that bitcoin price will very soon recover it price and will hopefully very soon trading above 8000$.

[maarx]

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

Just hold back as of now. Better spend as much as you can now to gather more cheapest coins. The coins are cheaper now you know. Bitcoin price will start growing from this month as everyone expects. Last year's growth trend has been amazing and made everyone stunned in December. Thus everyone hopes and expects this year's growth to be mesmerizing everyone.

[ThePunisher49X]

The way it spiked in one minute then three minutes later for the same amount to have us where we are right now it is looking like it won't recede to below 6500 any time soon.