Bitcoin Drops Below $6,500

[rodskee]

Bitcoin might be testing new lows by going below $6,500 level, however, analysts like Tony Vays and Ran Neu-Ner believe it will even hit $4,975 and $5,900 respectively before any upward momentum could be expected. Bitcoin Bull, Tim Draper is still bullish and planning to buy even more bitcoins with no plans to sell them any time now.

BTC highly bearish, Tony Vays’ target $4,975 but…

The world’s largest cryptocurrency by market capitalization, Bitcoin has fallen to its lowest since February. Today, Bitcoin dropped down to an extreme low of $6,433. However, it has again gained a slight upward shift and gone above $6,500 level at $6,510.

Continue reading: https://coingape.com/bitcoin-price-drops-below-6500-experts-remains-bullish/

Not possible, but the prediction is always a prediction had many expert analyst bitcoin value assuming the price will be bounce back again but currently hard to predict bitcoin when the right time to increase their price and get back at all time high price.

Yes of course if that's price lower upto 4,900$ that's an big opportunity those people have plan to buy bitcoin and keep it until the price come back in the coinmarketcap.

[1713876097]

1713876097

[1713876097]

1713876097

[1713876097]

1713876097

[1713876097]

1713876097

[1713876097]

1713876097

[dimastegar]

Currently Bitcoin is experiencing a considerable bearish. So, anyone who is experiencing this is expected to be patient, as there is still a chance to increase the price of Bitcoin. See you at Bullish.

[dmwardjr]

$4,665 is still very much in play.

$5,365 should be achievable without breaking a sweat.  I know many see that as impossible but that's my opinion.

[Abrefalll]

Bitcoin has dropped much today as well as many other altcoins. One thing i have noticed over the months including today is that anytime bitcoin drops, most of the other altcoins drop as well. This should tell us that bitcoin continues to reign in crypto and there is no need in spreading false news about bitcoin with the aim of taking over. I surely believe that bitcoin will rise again stronger and better.

[dmwardjr]

I believe it will rise again as well.  First, it will continue down before it will rise higher and stronger.

[paragon07]

bitcoin drops since the year started and im still hoping that after falling the price it will rise up and recover. if the price bounce back and reach the last high price, maybe all investor/users that release their coin to early by panic they will back and hold again on bitcoin.

[fenzbob]

maybe bitcoin is currently testing to determine a certain price and level

[vnvizow]

Its ok Bitcoin always goes back up.  Crypto is the future and it is here to stay!

[NavI_027]

Its ok Bitcoin always goes back up.  Crypto is the future and it is here to stay!

I really do believe in btc but I can't control myself not to worry a little bit due to this dip (I think that's normal) because as we can see the situation is getting worse as time goes by. This bearish days are very stressful for me, I get frustrated everytime I see the graph and my savings dropping down . Nevertheless, I still want to hold my coins not only because it is the best option for now but also because I believe that it will survive.

[fitty]

Bitcoin might be testing new lows by going below $6,500 level, however, analysts like Tony Vays and Ran Neu-Ner believe it will even hit $4,975 and $5,900 respectively before any upward momentum could be expected. Bitcoin Bull, Tim Draper is still bullish and planning to buy even more bitcoins with no plans to sell them any time now.

BTC highly bearish, Tony Vays’ target $4,975 but…

The world’s largest cryptocurrency by market capitalization, Bitcoin has fallen to its lowest since February. Today, Bitcoin dropped down to an extreme low of $6,433. However, it has again gained a slight upward shift and gone above $6,500 level at $6,510.

Continue reading: https://coingape.com/bitcoin-price-drops-below-6500-experts-remains-bullish/

I'm not believing on their predictions until i saw it in my eyes and done in my own technical analysis. It is a possible outcome but see how tim draper those two have different ideas. It means something that there is no accurate prediction which will occur. Selling and buying on this point is optional on one person's opportunity seen on this price.

[rarkenin]

We have seen such dips on historical charts but  people always refuse to take responsibilty of their portfolio. In case of bitcoin price go to below than 5k usd level everything will change eventually and flash crash will cause more panic selling. Let's hope for best in future and please never invest money than you cant afford to lose.

[DPoS2]

Crypto can go higher but it might spread out to whatever becomes the next useful crypto..  bitcoin will always be around but at some point money may get into crypto around it more and bypass it.  if eth will figure out how to scale correctly, then that may close the gap and you would see bitcoin maybe 7000 and eth 3000 on next uptrend

also the miner glut is getting ridiculous...  not even worth getting a miner for free now unless you can do hocus pocus on your bottom line to still make gains

[traderethereum]

this time, bitcoin price reach $6494 and it still getting down and I think it still down for a while. but I don't think that it will reach below than $4xxx because this will makes the market crash and many people will sell their bitcoin with fast. but it is better for us to still make a prediction based on what we learn so we can find a clue or information about the market conditions and we can make a decision about what we need to do later.

[Mezze]

this time, bitcoin price reach $6494 and it still getting down and I think it still down for a while. but I don't think that it will reach below than $4xxx because this will makes the market crash and many people will sell their bitcoin with fast. but it is better for us to still make a prediction based on what we learn so we can find a clue or information about the market conditions and we can make a decision about what we need to do later.

It's not going under $5k. Now is the time for BTC to recover and we'll see by the end of the month. New wave is coming.

[kojoannan]

Bitcoin dropping to 6500 and below is going to reduce the hope that holder of it has in it of rising back to 20000 price it traded last december. It seems altcoins and ICOs are good investment now since bitcoins is failing to meet the expectations of investors.

[mrcash02]

Interest for Bitcoin is falling at this moment. Trading volume is dropping, the search for Bitcoin on Google is dropping compared to last December. The question is why exactly it's happening. And if it continues this way, BTC has good chances to continue losing value, even near $5000's house. I believe the price will rise again if a new "hype" arise and more people come investing like it happened last year. Something interesting should happen to bring investors back... Otherwise, it's not a problem at all, but price will keep low and stabilizing.

[Dr.Osh]

Bitcoin dropping to 6500 and below is going to reduce the hope that holder of it has in it of rising back to 20000 price it traded last december. It seems altcoins and ICOs are good investment now since bitcoins is failing to meet the expectations of investors.

well, this is a very difficult thing. but, I also predicted that something like this would happen. we know that after long bitcoin stability, there will be a pump, or a large dump that happens. so, now we can only wait for the price to go back up.

[gabmen]

Bitcoin dropping to 6500 and below is going to reduce the hope that holder of it has in it of rising back to 20000 price it traded last december. It seems altcoins and ICOs are good investment now since bitcoins is failing to meet the expectations of investors.

well, this is a very difficult thing. but, I also predicted that something like this would happen. we know that after long bitcoin stability, there will be a pump, or a large dump that happens. so, now we can only wait for the price to go back up.

I see it the same way, though for other people, it would depend if they could wait for the long term or not. It could take probably weeks or even months before that upward surge happens and a lot can happen between now and then. It could even go way below it's current value, who knows.

[Mezze]

Bitcoin dropping to 6500 and below is going to reduce the hope that holder of it has in it of rising back to 20000 price it traded last december. It seems altcoins and ICOs are good investment now since bitcoins is failing to meet the expectations of investors.

well, this is a very difficult thing. but, I also predicted that something like this would happen. we know that after long bitcoin stability, there will be a pump, or a large dump that happens. so, now we can only wait for the price to go back up.

I see it the same way, though for other people, it would depend if they could wait for the long term or not. It could take probably weeks or even months before that upward surge happens and a lot can happen between now and then. It could even go way below it's current value, who knows.

The point is that even if it goes as low as 4-5k it will eventually come back to 10k and above. Crypto market can't crash with all of this fiat pouring in.

[lelylely]

Bitcoin might be testing new lows by going below $6,500 level, however, analysts like Tony Vays and Ran Neu-Ner believe it will even hit $4,975 and $5,900 respectively before any upward momentum could be expected. Bitcoin Bull, Tim Draper is still bullish and planning to buy even more bitcoins with no plans to sell them any time now.

BTC highly bearish, Tony Vays’ target $4,975 but…

The world’s largest cryptocurrency by market capitalization, Bitcoin has fallen to its lowest since February. Today, Bitcoin dropped down to an extreme low of $6,433. However, it has again gained a slight upward shift and gone above $6,500 level at $6,510.

Continue reading: https://coingape.com/bitcoin-price-drops-below-6500-experts-remains-bullish/

I think the reason for the decline in bitcoin is because many of them panic and sell the bitcoin they have, and I think the bitcoin will go down further. And I think bitcoin will take a long time to increase again, we must have full patience for this situation.