Can Bitcoin hold $6,075.04.

[jamesashmore1964]

If $6,075.04 is not breached it will be a good opportunity to buy in on BTC and ALTs
This could be the magic number!

[coco23]

If $6,075.04 is not breached it will be a good opportunity to buy in on BTC and ALTs
This could be the magic number!

Good luck, but only invest what you can afford to lose
Just some perspective: We are still >100% up compared to 12 months ago.

Imho we'll need some big selling panic first before prices will stabilize

[xenomorphe1]

The order book of Bitcoin at Bittrex looks pretty bad for USD. Only 29 BTC at $6000 and 55 BTC at $4650. Someone having lots of BTC could make it worth $0?

Edit: at Bittrex, people also trade with USDT. And there is also TrueUSD.

[preshpr1nce]

The order book of Bitcoin at Bittrex looks pretty bad for USDT. Only 29 BTC at $6000 and 55 BTC at $4650. Someone having lots of BTC could make it worth $0?

Edit: at Bittrex, people also trade with USDT. But volume is very low. 43 BTC for USDT.

Means nothing really, those orders would stack up as it gets closer to the target, I see coins do this all the time, low orders, price dips, orders fill up.

[renes]

The order book of Bitcoin at Bittrex looks pretty bad for USD. Only 29 BTC at $6000 and 55 BTC at $4650. Someone having lots of BTC could make it worth $0?

Edit: at Bittrex, people also trade with USDT. But volume is very low. 43 BTC for USDT. And there is also TrueUSD.

The volume is very low and when bitcoin will fall more, the buy orders at $6000 will probably rise, you should look at also other exchanges.

[jakolinko]

In my opinion, I think we will break 6000$, volume is too low to make any bullish changes... and 13 & 8 EMA's are way too big resistances right now. Maybe there will be a small pump just to cool off the rsi levels and then break again

[xenomorphe1]

Forget about my comment. At Bittrex people trade more with USDT.

[preshpr1nce]

Forget about my comment. At Bittrex people trade more with USDT.

Binance is currently #1 for BTC/USDT, it's what I follow
To give an idea, I just watched a 107 BTC buy order go through in the 6430s

[WalkerIVIV]

If $6,075.04 is not breached it will be a good opportunity to buy in on BTC and ALTs
This could be the magic number!

Or it could become another last support to the $6k rate. Right now it looks like we will be facing another jump down again asap. Remember this just try to divided our amounts.
But ethereum has been getting another decrease again. And i will try to expect the same soon.

[w33man]

If $6,075.04 is not breached it will be a good opportunity to buy in on BTC and ALTs
This could be the magic number!

It actually depends, if more and more people panic the price will surely crumble. The market cap has been decreasing this week, it has to change to help bitcoin price to recover somehow. Anything can happen, since the market acts in an unpredictable way.

[georgereyes]

Probably hit 5k tbh. Looking pretty bearish.

[Sony.UK]

Probably hit 5k tbh. Looking pretty bearish.

I think 5k is not possible in current dip may be next time we will expect this dip. Bitcoin is a transparent platform so everyone know the potential of this coin and big whales are investing this bearish market so this will raise again in future. Almost everyone understand this situation because it is best time to buy Bitcoin.

[jackflag]

If $6,075.04 is not breached it will be a good opportunity to buy in on BTC and ALTs
This could be the magic number!

I think that bitcoin will drop to a level  $3k -very strong support on the monthly chart. it's summer now, which means that the assets will be sold from the stock exchanges and the market will falll down more.

[berrygood]

Probably hit 5k tbh. Looking pretty bearish.

I think 5k is not possible in current dip may be next time we will expect this dip. Bitcoin is a transparent platform so everyone know the potential of this coin and big whales are investing this bearish market so this will raise again in future. Almost everyone understand this situation because it is best time to buy Bitcoin.

If there will be next time, I would rather choose $5K dip at this fall since with every new crash lots of new people give up and sell their coins.

[green547]

If $6,075.04 is not breached it will be a good opportunity to buy in on BTC and ALTs
This could be the magic number!

I think that bitcoin will drop to a level  $3k -very strong support on the monthly chart. it's summer now, which means that the assets will be sold from the stock exchanges and the market will falll down more.

I think bitcoin will fall to 10 dollars , it looks like people lost interest since Warren Buffet called it a scam.

[KJMZNine]

6,000 USD is the magic point where some whales will buy in again because they are speculating that we will see a double bottom and bounce again. The most new people already dumped their coins and we are ready for some new bounces. Everyone is in panic and this is always a good sign for me I made my best buys while the whole market was in panic!

[celtic99]

Absolutely no chance it goes under 6k.  There is too much money invested in bitcoin mines and other infrastructure like atms, websites, etc.

[oxonhu]

The order book of Bitcoin at Bittrex looks pretty bad for USD. Only 29 BTC at $6000 and 55 BTC at $4650. Someone having lots of BTC could make it worth $0?

Edit: at Bittrex, people also trade with USDT. And there is also TrueUSD.

this means nothing for now. you should check another exchanges too. here you can see all books ; http://data.bitcoinity.org/markets/books/USD

if btc suddenly rise to 7k- 8k than new orders will take place.

Someone having lots of BTC could make it worth $0? yes and no. first whats lots of btc ? 1k?5k?100k? if someone sell around 10k btc than price will go down and other will sell too so price will drop so quick. there are many stop loss orders too. that means 0 is not possible for now but if someone sell around 100k btc than yes this will kill all market .

[tdeannova]

I think bitcoin will fall to 10 dollars , it looks like people lost interest since Warren Buffet called it a scam.

10 dollars? just because of a warren buffet statement you are sure bitcoin will fall to 10 dollars? come on, if bitcoin is worth 10 dollars, then what about the other coins? not worth = dead.

[Reza1893]

I think that bitcoin will drop to a level  $3k -very strong support on the monthly chart. it's summer now, which means that the assets will be sold from the stock exchanges and the market will falll down more.

I think bitcoin will fall to 10 dollars , it looks like people lost interest since Warren Buffet called it a scam.

Haha ... are you kidding me? You believe his words? why are you so ridiculous eating all of Warren Buffet's talk? If you believe Bitcoin will scam I think you are no longer here now. Bitcoin scam = all coins are also a scam.

more logical words @jackflag than Warren Buffet’s. lol