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Author Topic: Bitcoin Holds Above $6k  (Read 1086 times)
Baofeng
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August 16, 2018, 09:26:50 AM
 #121

i'm additionally no longer too amazed, it is just someone's recreation. in my view, the fee of bitcoin has been manipulated for a long time and will retain within the destiny, we need different cash to make up for the alternative figure coin standards.


Remarkably, bitcoin still holds above $6K and its good to see the price hovering around $6400-$6500. I don't have any good explanation except another bull trap or dead cat bounce. We see a lot of threads bitching around saying bitcoin is going to $5K-$4K and yet we are still here holding and surprisingly we are going towards $6500 again.

 
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August 16, 2018, 11:08:03 AM
 #122

According to the idea, bitcoin should now linger at this point and soon give growth but the bears are very densely sat on the market and Yes this moment is not predictable what will happen.
We are talking about not getting panic, actually this is right time to implement all such counters against this panic sealing. People have hold their money since last December and till now they were hopeful from bitcoin to earn satisfactory profits. But despite all such downfalls in these eight moments, they never give up. But this bear run might be not much interesting for them to hold anymore.
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August 17, 2018, 12:51:18 AM
 #123

At present, BTC costs have dropped continuously, and now the fee is above 6k $, but in step with this trend, the BTC price will maintain to fall may also fall under $ 6000. i'm frightened of this marketplace now
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August 17, 2018, 05:52:38 AM
 #124

According to the idea, bitcoin should now linger at this point and soon give growth but the bears are very densely sat on the market and Yes this moment is not predictable what will happen.
I agree with what you are saying. At present it is difficult to predict the market trend. So I think we should watch the volatility of the market and then invest in is not late.
Exactly there is an unpredictable air in the crypto world right now and it is tough to predict Bitcoin now. Bitcoin was expected to rise and we have been seeing fluctuation and down trend in the price lately. Fall below the $6000 is a worrying situation.

But irrespective of the falls and instability in the market, investment in Bitcoin is going to pay off in the future because a fall in the market value of an asset does not mean the market failure of that asset. These are the market phases and the market ultimately reaches its equilibrium.
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August 17, 2018, 01:29:22 PM
 #125

we have a very strong support at ~$6,000 for a few months now
I hope this stays true to the end of year and builds confidence on bitcoin future value
if you haven't hold enough, this is the opportunity to buy some more for somewhat good price

Yes, sure, this is the chance to get more BTC. The price is low. However, I'd better wait for the days when Bitcoin falls critically - this is the best period to buy this cryptocurrency. I guess it might be even less than 6K.
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August 17, 2018, 09:55:19 PM
 #126

Is news about alleged manipulation of the Bitcoin price also manipulation?

Read Bokka Crypto Technical Analysis BTC/USD 14.06.18: https://bokka.com/cryptocurrency-news-bitcoin-holds-above-6k
I think you should not hold on at this point, you can only profit from keeping the bitcoin as the market is growing but now the market is in a bear market in the long run so the bitcoin price will go down. continue to decline sharply at any time. So at this point you should only short-term investment and trading day to be able to profit with the least risk.
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August 17, 2018, 11:19:19 PM
 #127

Is news about alleged manipulation of the Bitcoin price also manipulation?

Read Bokka Crypto Technical Analysis BTC/USD 14.06.18: https://bokka.com/cryptocurrency-news-bitcoin-holds-above-6k
I think you should not hold on at this point, you can only profit from keeping the bitcoin as the market is growing but now the market is in a bear market in the long run so the bitcoin price will go down. continue to decline sharply at any time. So at this point you should only short-term investment and trading day to be able to profit with the least risk.
day trading have risk too, and it is bigger than hold in a med or long term investment. because our money can stuck in altcoin that get down too because of this bitcoin price. maybe it is better to wait for market to be in good condition

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August 17, 2018, 11:32:25 PM
 #128

At present, BTC costs have dropped continuously, and now the fee is above 6k $, but in step with this trend, the BTC price will maintain to fall may also fall under $ 6000. i'm frightened of this marketplace now

You don't need to frightened my friend, you may give your trust into it and keep holding  your coins while market isn't good.  But if you couldn't stand it,  it is pretty sure you won't go far in here and ended with losing.
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August 17, 2018, 11:57:10 PM
 #129

Is news about alleged manipulation of the Bitcoin price also manipulation?

Read Bokka Crypto Technical Analysis BTC/USD 14.06.18: https://bokka.com/cryptocurrency-news-bitcoin-holds-above-6k
I do not think you should hold on to this point, you can see that hold is only profitable for you when the market is rising while the current market is in a bear market in the long term. So at this point you should not hold but rather invest in term and day trading so that you can minimize the risk because the bitcoin price can continue to drop at any time.

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August 18, 2018, 03:04:07 AM
 #130

Is news about alleged manipulation of the Bitcoin price also manipulation?

Read Bokka Crypto Technical Analysis BTC/USD 14.06.18: https://bokka.com/cryptocurrency-news-bitcoin-holds-above-6k
I do not think you should hold on to this point, you can see that hold is only profitable for you when the market is rising while the current market is in a bear market in the long term. So at this point you should not hold but rather invest in term and day trading so that you can minimize the risk because the bitcoin price can continue to drop at any time.

Holding your coins is the best way to avoid losing your investment because most of the traders in the market are just panic selling their coins when prices are low.
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August 18, 2018, 03:33:56 AM
 #131

Up to 7k$ soon, can be at this month
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August 18, 2018, 03:52:06 AM
 #132

Is news about alleged manipulation of the Bitcoin price also manipulation?

Read Bokka Crypto Technical Analysis BTC/USD 14.06.18: https://bokka.com/cryptocurrency-news-bitcoin-holds-above-6k
Bitcoin is constantly being manipulated on the Crypto market but its value is increasing. Its daily volume is very high compared to the current economic situation. I guess that after 2019, the price of BTC will increase to $ 13k.
So now is the opportunity for us to buy and hold in the long run.

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August 18, 2018, 04:36:54 AM
 #133

Is news about alleged manipulation of the Bitcoin price also manipulation?

Read Bokka Crypto Technical Analysis BTC/USD 14.06.18: https://bokka.com/cryptocurrency-news-bitcoin-holds-above-6k
I think, manipulation is existing now in the Bitcoin. There are many big players or big business person behind this dump of Bitcoin. They are starting to accumulate, they are controlling the market that's why big dump happened, and also because of ETF issue, the Bitcoin price falls down to below $6,000.

Manipulation do  exists in bitcoin market but these whales are intelligent enough. They are not letting bitcoin fall under $6,000 and thus keeping the interest of miners and people alive. Although they tend to increase decrease the price and people are caught in bull trap, but overall the currency is staying above 6000$ which a sign that it can boost and pump any time to 10K or more. Also few good events like ETF still to come this year than will give a boost to this digital currency.

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August 18, 2018, 04:50:18 AM
 #134

we have a very strong support at ~$6,000 for a few months now
I hope this stays true to the end of year and builds confidence on bitcoin future value
if you haven't hold enough, this is the opportunity to buy some more for somewhat good price

Yes, sure, this is the chance to get more BTC. The price is low. However, I'd better wait for the days when Bitcoin falls critically - this is the best period to buy this cryptocurrency. I guess it might be even less than 6K.

I think $6000 is a solid support line for now and we hope it will not be broken because it will dump further below $5000 if support is gone. Less than $6000 range is a good buy in my opinion, and you can get profit once it recovers several weeks from now.
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August 18, 2018, 06:07:46 AM
 #135

4000$ incoming.... and I hope it will be never happen. that will be nightmare for us and miner. hope everything will be ok






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August 18, 2018, 07:07:14 AM
 #136

The value of bitcoin and other crypto currencies are constantly being manipulated to suit their strategies of the whales and major players.
The financial sector as a whole is tailored to profit the big players.
The market now seems to be holding above $6k (which seems to be the current support)
It might possibly drop further, should the decision on bitcoin ETF before a negative one.

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August 18, 2018, 12:28:33 PM
 #137

Is news about alleged manipulation of the Bitcoin price also manipulation?

Read Bokka Crypto Technical Analysis BTC/USD 14.06.18: https://bokka.com/cryptocurrency-news-bitcoin-holds-above-6k
This time around I just believe that you should make decisions based on what your mind tells you is the right thing to do. Sometimes I don’t really need to look at what the media has to say before I take actions. We all know that bitcoin can be manipulated but hardly can we tell when it’s being done cause these people cover up a lot to the extent you won’t notice.

As for now, if you have invested at six thousand dollars I think you should just hold and do not withdraw, cause that will be lowest price will reach and after that, before we reach December there will be a sudden  rush. You can believe me or maybe not, I’m just saying this based on what I feel is going to happen.

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August 18, 2018, 01:06:04 PM
 #138

we have a very strong support at ~$6,000 for a few months now
I hope this stays true to the end of year and builds confidence on bitcoin future value
if you haven't hold enough, this is the opportunity to buy some more for somewhat good price

Yes, sure, this is the chance to get more BTC. The price is low. However, I'd better wait for the days when Bitcoin falls critically - this is the best period to buy this cryptocurrency. I guess it might be even less than 6K.

I think $6000 is a solid support line for now and we hope it will not be broken because it will dump further below $5000 if support is gone. Less than $6000 range is a good buy in my opinion, and you can get profit once it recovers several weeks from now.

Well we've broken that support line probably twice or thrice this year but the price is always quick to recover so yeah i think it will stay there or if it goes below 6k, there will again be a quick recovery.

 
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Joemzz31
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August 18, 2018, 05:03:25 PM
 #139

If you hold your bitcoin above six thousands US dollar then it means you make a right decision to earn a good amount of income or profit when the right time comes that it is in the high state of amount.
feelingfroggy
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August 18, 2018, 06:19:58 PM
 #140

Bitcoin is looking very stable at this moment and 6k budges but always maintains.  I'm buying cautiously at this point but wont be surprised if we do have one last big dip so the bankers can fill their accounts. 

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