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Author Topic: Will Bitcoin go below 6K?  (Read 16006 times)
diskodasa
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June 29, 2018, 11:58:18 AM
 #181

5900$ now.  Grin I just hope bitcoin can be back around 5000$ and stable on that price so I can trade without fear

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LDenis555
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June 29, 2018, 12:18:01 PM
 #182

By this point, he has already dropped below 6,000 and as many believe this is not the limit. Bitcoin continues to fall, but still most investors believe that this is not for long
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June 29, 2018, 01:04:11 PM
 #183

There are 2 types of whales!
Those that ride the market and sell a few a coins occasionally and whales that are working with others to manipulate this market. Those that manipulate are smart and work with entities that provide no paper trail. They can make money in a bear or a bull market!
My opinion is the market will go down based on my research!
My opinion might change if a white knight whale comes into play and pushes the market over 7777USD!
There is one (maybe cartel) trying but all attempts are being squashed by the bear camp! The bears could be overpowered...wait and see.
If you are a retail investor you are a sitting duck if you have chosen the wrong direction.
Your loss is their gain!

It is no longer news that bitcoin went below 6k sometime last week. In fact there are predictions that it may go down further to 2k although I don't see that happening. On a general note the bear market has remained for a long time now, but the coin and altcoins will definitely recover ground and rebound back. The naysayers had better be part of the bandwagon.
Sir Legend
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June 29, 2018, 01:10:44 PM
 #184

Now the price is below $ 6000, this is certainly sad because users continue to panic and sell bitcoin cheaply and lose money, but I'm sure that the market soon improved and the end of the year could pass past last year's highs.
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June 29, 2018, 01:14:32 PM
 #185

Now the price is below $ 6000, this is certainly sad because users continue to panic and sell bitcoin cheaply and lose money, but I'm sure that the market soon improved and the end of the year could pass past last year's highs.
I just hope the price can go back to $ 20,000 because this is a price that many people wait. I believe this is possible because Bitcoin and all other altcoins have fallen sharply due to the sell-off psychology of investors and they fear a bad end to this market. The best advice is not to trust anyone and just believe in yourself
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June 29, 2018, 01:18:04 PM
 #186

We have to ask this question again unfortunately " Will bitcoin go below 4k?" this is the right question which describes our situation at the moment.
For the answer "we need a crystal ball"

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jamesashmore1964 (OP)
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June 29, 2018, 01:23:43 PM
 #187

There are 2 types of whales!
Those that ride the market and sell a few a coins occasionally and whales that are working with others to manipulate this market. Those that manipulate are smart and work with entities that provide no paper trail. They can make money in a bear or a bull market!
My opinion is the market will go down based on my research!
My opinion might change if a white knight whale comes into play and pushes the market over 7777USD!
There is one (maybe cartel) trying but all attempts are being squashed by the bear camp! The bears could be overpowered...wait and see.
If you are a retail investor you are a sitting duck if you have chosen the wrong direction.
Your loss is their gain!


As of now, we are on a bearish trend and below $6k too. I believe that the next support level would be around $5,300. In the news that I have just read, one bullish trader claims that the market may go down again in the next couple of weeks. However, I would not count on that yet as there is a strong support level in the $5,800 zone. It's too unpredictable right now to guess if we go up or down, but this could be interesting. Cheers!

Without MAJOR  positive news about crypto the probability is Lower BUT the low RSI could trigger a move up!
No one on planet earth knows the nature of this beast!
Question123
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June 29, 2018, 01:32:55 PM
 #188

At this moment the price of the bitcoin down below 6000 dollars but it's not mean it will continuw to down. Because the barrier price for the bitcoin is 5k dollars and I believe it will increase more the price again. Next month hope so the price will increase and new month foe the bitcoin.
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June 29, 2018, 01:41:34 PM
 #189

Yes for one day this bitcoin down from the highest price of $ 6,122 down to $ 5,843 decreased by -4.22% in one day. And if you want to buy bitcoin buy at $ 5,500 and sell for $ 6,400.
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June 29, 2018, 04:42:11 PM
 #190

I think that bitcoin definitely will drop below 6000 and reach 5100-5200, and already the bitcoin's rise and the entire market of cryptocurrencies will begin from these levels. There are some reasons that point that way and, first of all, a strong decrease in trading volumes, which leads to a drop in prices.
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June 29, 2018, 05:16:17 PM
 #191

At this moment the price of the bitcoin down below 6000 dollars but it's not mean it will continuw to down. Because the barrier price for the bitcoin is 5k dollars and I believe it will increase more the price again. Next month hope so the price will increase and new month foe the bitcoin.
I badly hope so because next month will be my big day. Hoping for a good profit for my birthday gift on that day. I just wish that everything goes well for the coming months so that I can have my business granted as well. Having below 6K is definitely a depressive image of bitcoin. So not just next month but I hope for the remaining months till the very endless part of bitcoin it will grow.

jamesashmore1964 (OP)
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June 30, 2018, 06:49:53 AM
 #192

Even with the pump today many people are still saying 5300 USD
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June 30, 2018, 09:37:21 AM
 #193

All could happen.
I just hope the bitcoin can be stable at $ 6k and stable at that price.
and I can trade again,without having to recall past losses.
jamesashmore1964 (OP)
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June 30, 2018, 09:51:04 AM
 #194

All could happen.
I just hope the bitcoin can be stable at $ 6k and stable at that price.
and I can trade again,without having to recall past losses.


The Bitcoin pumps and dumps are destroying this market cap from growing!
arthotdog
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June 30, 2018, 10:14:35 AM
 #195

It does and not just once but twice happened this later of june,when many so called 'experts'. Says the recovery month of cryptocurrency,

If you are planning to buy you should have done that yesterday because today bitcoin showing a strength on getting higher as it is almost reached $6,500
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July 02, 2018, 06:03:14 AM
 #196

There are 2 types of whales!
Those that ride the market and sell a few a coins occasionally and whales that are working with others to manipulate this market. Those that manipulate are smart and work with entities that provide no paper trail. They can make money in a bear or a bull market!
My opinion is the market will go down based on my research!
My opinion might change if a white knight whale comes into play and pushes the market over 7777USD!
There is one (maybe cartel) trying but all attempts are being squashed by the bear camp! The bears could be overpowered...wait and see.
If you are a retail investor you are a sitting duck if you have chosen the wrong direction.
Your loss is their gain!


My key point for growth is $8500, once the price touches this level, people will gain trust in crypto again and pull the price up
Even the little rise in the price is enough to activate the people to re enter the crypto market. The prices had fallen below the $6000 few days ago and there was a rise again few hours ago which has actually started gaining attention. This type of situation was also observed before the 2017 boom when the prices were too low and the market stayed quite red for long.
JunMel
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July 02, 2018, 06:21:05 AM
 #197

There are 2 types of whales!
Those that ride the market and sell a few a coins occasionally and whales that are working with others to manipulate this market. Those that manipulate are smart and work with entities that provide no paper trail. They can make money in a bear or a bull market!
My opinion is the market will go down based on my research!
My opinion might change if a white knight whale comes into play and pushes the market over 7777USD!
There is one (maybe cartel) trying but all attempts are being squashed by the bear camp! The bears could be overpowered...wait and see.
If you are a retail investor you are a sitting duck if you have chosen the wrong direction.
Your loss is their gain!


If this could happen, maybe i could top up a little bit of my bitcoin portfolio., but i hope it would happen for a short period of time, and return back to original position., because the rest of the altcoins has been affected with the massive downfall of bitcoin prices. Since i am a long term investor, i never care too much about the market prices, what i wanted this time is that i need to top up all the time my investments, so that in the next few years to come, hoping that my coins would gain so much profit.

It could be the way  the market is moving now expect more downfall. But I think it will not go down under 5k. Hopefully it will recover last quarter of this year. In other hand its good to invest now while its down then hold it and wait until bull time.
jamesashmore1964 (OP)
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July 02, 2018, 10:07:01 AM
 #198

Many are calling 3K Bitcoin!
winterland
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July 02, 2018, 03:22:31 PM
 #199

It went below 6k unfortunately, 6k was very strong support but price saw 5750 dollar, I hope something happen soon and market volume increases, otherwise this drops will continue.
The price went lower than 6000 for some time but the price has recovered very quickly and now it has gained 900 dollars since then people should not worry that much, there is still a huge level of support at that price in fact I think it is entirely possible that the ones that are setting the floor are the whales and every time the price goes lower than that the whales will begin to buy bitcoin.
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July 02, 2018, 03:40:12 PM
 #200

Yes I think Bitcoin can go down to around $4k this year, I just drew and tried to conmect the dots and it is seriously going through that path before it increases back again and hopefully a full recovery once it hits rock bottom.
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