Bitcoin hits a new low since 2016

[ethereumhunter]

Yeah, that's worrying. I do think that it would be better by the end of 2018 but all of my earlier predictions didn't come true so I am not sure what is gonna happen next.

I guess that we are now can see that bitcoin has much time to increase back especially in this month because we see the lower price, the price now starts to increase again. right now, bitcoin price increase since the last week and I think it will like this or will increase more in this week. the price seems will stay in the $6k level price because I see that it is up until $6,6xx and it is down until $6,5xx and it happens like this in today.

[nurulhmani1280wat]

yes, as for now what we should maybe all this is doing is we try and be patient waiting for bitcoin to achieve a high price. we think next month think and we will come again the history of the value of bitcoin currency in the market.

[nurulhmani1280wat]

yes we all will see after the last few days if it continues to decline then some investors will be disappointed, many people do not sell their tokens after reaching almost 10k.

[abderrazak belkhir]

I dont think bitcoin will fall more than this...if this will happen and the bitcoin fall to under 5500$ you will be maybe sure that somthing not good will happen

[liamnorthcoins]

Bitcoin is having a free fall after it's price skyrockted last December 2017. The question now is will it continue to crash?
Only time will tell what will unfold in the next few months.
https://www.coindesk.com/oversold-price-bitcoins-rsi-just-hit-its-lowest-level-since-2016/

The price now is starting to show some positive increase though not that as what we expected but this is a good sign i hope it will continue to rise and until the end of these year.

[Tigerw]

Bitcoin is having a free fall after it's price skyrockted last December 2017. The question now is will it continue to crash?
Only time will tell what will unfold in the next few months.
https://www.coindesk.com/oversold-price-bitcoins-rsi-just-hit-its-lowest-level-since-2016/

The price now is starting to show some positive increase though not that as what we expected but this is a good sign i hope it will continue to rise and until the end of these year.

Of course it's very good if all the forecasts for the near future bitcoin will come true. Although looking at the current circumstances in the crypto currency market, it is very doubtful that the situation will change for the better in the near future.

[francedeni]

I dont think bitcoin will fall more than this...if this will happen and the bitcoin fall to under 5500$ you will be maybe sure that somthing not good will happen

When bitcoin hits low further I still am positive it can recover. Bitcoin fall further to what we expects yet I am positive that price will further show some good moves. However, it is not forever hitting low it will go up.

[Cosbycoin]

Bitcoin has a growing volatility. Bitcoin's biggest and smallest value deviated by more than $ 10,000

This year in this month we were with lowest value which was 5.8k dollar but right after that yesterday we saw a better increase in value as it rose up form 5.8k dollar to 6.5k dollar which changed the negative perceptions into positive.

People who invested in the lowest market are now in profit and they can sell anytime to make profit but if they are productive then they will wait for more increase.

[CrazeCoinz]

Only time will tell what will unfold in the next few months.

Yeah that's true only time will tell where we going on this downfall but as what I've said on other thread I'm still optimistic that this will bounce back and I'm not worried of the fall because if we going to compare the price of last year before the bull run it was far from where we are now. We still have hope that we can make a good rally soon.

[79b79aa8d5047da6d3XX]

The current bitcoin price is 6750$. Compared with 2016, the current bitcoin price is 10 times higher. Why you set the title is the lowest since 2016. Compared to the peak in December 2017, the bitcoin price is now three times lower. But it is still high compared to previous years. So current Bitcoin will not be considered collapsed. That is just a correction before the growth in the next years

[idex100]

We seem to be out of the hole, and not likely to hit such low again,bitcoin is testing a new resistance level of above 6800$, breaking through may signal in the bulls.