Bitcoin Drops Below $6,500

[kenziefried]

I'm pretty sure that the last $5k mark crash id going to be the last of it. It bounces back easily and a few more months, we could see bitcoin going unstoppable on the last quarter. I'll be honest that I panicked a little and I'm sure some of you did too.

Why should anyone actually want to panic and it is not like it is something their panic can solve anything. It is a market, it is certain that we could even fall a bit lower eventually, but the thing is to know what to do in such scenarios or to buy more and wait for the long term. One thing I am sure of is that this market is really in a giveaway state with the value we are seeing now and anyone who wants to go long for the future, here is a very good opportunity for them.

The future prediction is very hard because of the volatility. It can rise, it can fall, but I think there is nothing to worry about it. This bear situation will end soon and the green days will continue for long time. Those who do not suffer this worst situation of the market should not invest in cryptocurrency, because if needs patience and courage, it is necessary.

[BlueStackz]

The price is less than $6,100 at the moment and i think that it will keep going  down on the next few days, we just need to wait a little bit more. But, we can not speculate much about what is going to happen because the market is more than unpredictable

It hasn't gotten below 6.1k and making small steps to go back up. If things go well no other news of exchanhe hacks or bans come up, we may well be on a slow, steady climb.

Fair enough and if you look at the current market value. It is $6670 and we have a volatile price in the crypto market so there are possibilities that the price might also fall below that $6500 value but the fall will be recovered instantly.

This month has been good so far and the crypto market will move on towards the boom because we are having some stability in the market and stability implies rise in the values of assets. Besides, if Facebook goes for the investment it is planning, it will bring another boom and this time, Bitcoin will even cross the $30000.

[checkmatesir]

It rebound back to $6,200 after it drop to around $5,800 so i assume we have a great support around this level
But market is still testing tho on what could possibly happen

By looking at the fundamental like news and regulations, aside from big tech companies skeptical comments, everything else is kinda fine

The price is stuck between $6000 and $6500. Today the price is $6200 and yesterday it was $6100, it means that the price is increasing. We should be optimistic about the growth in the price and don’t be panic because we want bitcoin to be the mainstream in the future and will take over the market. We will have to wait for little more and be patient.

[redsun114]

The price is less than $6,100 at the moment and i think that it will keep going  down on the next few days, we just need to wait a little bit more. But, we can not speculate much about what is going to happen because the market is more than unpredictable

It hasn't gotten below 6.1k and making small steps to go back up. If things go well no other news of exchanhe hacks or bans come up, we may well be on a slow, steady climb.

The thread is older though the price has completed round trips again and again many times but we are not upgrading to the value higher than even 10k dollar which is not possible if we have this action to sell immediately after finding any increase.

Immediate increase in value and immediate selling decreases the value further so we should not contribute like this in lowering the price again and again.

[traderethereum]

after we can increase more than $74xx, now the price is down again and reach $7339. I don't know if the next hours, the price can get down for more but I think it could be possible since we are at the weekend. usually, the price is getting down at the weekend but it will increase back in the next week so I think we should not worry about this and it's better to stay calm for a while.

[fabrizoc]

and now, bitcoin is not in the $6,500 again and it increases $200 from the last time. I hope that the conditions will be like this and although there is any correction for the price, the price is not getting down below $6,500. I am sure that bitcoin price can increase higher in the next months and we will see the price makes another highest price again.

Today the price is almost $6500 and yesterday it was $6700. It means that corrections still there and nobody can say exactly what will happen next. We can guess the price from the investment cap. If it increase the price will also increase in the future but if not then the price will be like that of today. Be optimistic about the future growth in the price.

Today the price has made us very happy and now we may see a better market future and may be in the upcoming few days the price cross the 10k dollar figure because today the price has shown its potential. The price has increased from 6.3k dollar to 6.5k dollar and right after that we can see right now that the price has reached to 7.3k dollar so this is a big achievement in just one day.