Will Bitcoin go below 6K?

[Argoo]

After a six-montn fall of bitcoin and other crypto-currencies at a price point, it is unlikely that bitcoin will fall in its value even below $ 6,000. In my opinion this is no longer realistic. The lowest peak of bitcoin prices we have already passed. Now we all expect only the rise of the crypto-currency market, even if it happens even a little later - in a few weeks or months.

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[winterland]

Though the bitcoin price is now 7K USD Plus. But still, there has to chance to go down to 6K USD. I think From Now to August Bitcoin will be pumping. And, at the end of the August Bitcoin price will be down again. We can see several bearish markets in this year and at the end of the year, bitcoin can be growing to make the bull market.

We are in a point in which bitcoin can take any direction so it is almost impossible to know what it is going to happen, the price is going down once again and I think that it is possible we return to the previous levels in a few days, this has the risk of creating a bad effect since many people that are hopeful the market will recover soon will probably sell when this does not happens and they finally lose their patience.

[1234raj]

This month Bitcoin's price is slightly higher at $7339.38.I think this year the price of Bitcoin is not less than $6000.The growth of Bitcoin will continue to increase.

[oxoxoxox]

No, those who dream of BTC falling below 6000 are poor. This is a financial game that won't satisfy you. If it really falls below 6000, the entire cryptocurrency market is very dangerous.

[patz22]

Though the bitcoin price is now 7K USD Plus. But still, there has to chance to go down to 6K USD. I think From Now to August Bitcoin will be pumping. And, at the end of the August Bitcoin price will be down again. We can see several bearish markets in this year and at the end of the year, bitcoin can be growing to make the bull market.

We are in a point in which bitcoin can take any direction so it is almost impossible to know what it is going to happen, the price is going down once again and I think that it is possible we return to the previous levels in a few days, this has the risk of creating a bad effect since many people that are hopeful the market will recover soon will probably sell when this does not happens and they finally lose their patience.

BTC is holding on to $7k+ mark for couple of days now however still it is hard to invest in btc because same thing happened last month wherein I thought it would be the start of bull market but it went back to $6k. I am of those who still hold and hoping for recovery this coming Ber months.

[Billy550]

There still is a chance we go lower, it is nearly impossible to decide

[suhano]

This thread is a good example that TA does not work in this market...instead of going to 6k or even 3k we see btc moving up to 8k and the reason in my view is the markets optimism regarding the upcoming ETF decision by the SEC.

[opv321]

I personally feel that entire crypto market will be in broad range for atleast next 1 - 2 year and then it will take upward move towards $50000. This range could be somewhere between $5000 - $14000.

[Coinrush20]

With the current speculation for Bitcoin, This is far from happening. All charts shows that Bitcoin will continue to increase its value towards the remaining months of 2018. We should be able to see a more details increase in value in the month of August. And as what we know once the flame ignites there is no stopping it.

[lositech]

Bitcon has pass the 8k level at the moment and we are looking at bitcoin and hoping it will pass 10k level which will mean a bull run for us, but until then let's keep our arms closed and watch as things unfold, One thing i know is that surely, bull run will come one day, if not this year then next year,

[mace15]

Bitcon has pass the 8k level at the moment and we are looking at bitcoin and hoping it will pass 10k level which will mean a bull run for us, but until then let's keep our arms closed and watch as things unfold, One thing i know is that surely, bull run will come one day, if not this year then next year,

Yes it passed $8k already so it seems price is really starting to increase. For now I am not thinking price of btc will go lower $6k. However, I hope for the best in bitcoin that it will climb the value this coming months.

[Sephire]

The price action of bitcoin is indicating it going to $10K rather than $6K. The news of CBOE ETF approval or disapproval will cause some major volatility in the bitcoin price next month.

[Kingsingle]

Today BTC has increased to over $ 8000 and is still increasing, if anyone holding the BTC is extremely favorable. And ETH is currently on the decline, probably going down because Bancor is rumored to have been hacked to take away a lot of eth.

[Majharul Saiif]

No, this market is being supported at the moment with Big Green Candles!
Breaking 7K is now in play!

It can be,but now there is no way.Because,we noticed last few days Bitcoin is stable in $8k. It's a good things for us. By the way, I think Btc price will increase more. I can't think anything without pumping.

[Herostorm]

This is a good time for BTC, and now they are having a difficult time in the past month. This is a trend towards healing.

[coin_1122]

I don't think so but if it goes below 6400$ definitely the price of bitcoin will reach more than 9500$ this time. Wait patiently how far people are reacting to the bitcoin price. Because we have seen many ups and downs in the market and this makes us wait until the price of bitcoin starts increasing.

[wyplashdea]

6,9K at this moment. I was pretty sure that it will go up to 10K but instead of that it went down to 7K, im not sure of what is happening now with BTC, not at all.

[aragom]

I don't think so but if it goes below 6400$ definitely the price of bitcoin will reach more than 9500$ this time. Wait patiently how far people are reacting to the bitcoin price. Because we have seen many ups and downs in the market and this makes us wait until the price of bitcoin starts increasing.

possible.

it can go down to 5000 dollars. and i think after this fall. btc will go up 10000 dollars and stay in there.

[Amyotocta]

I doubt it because there will be almost no profit for bitcoin miners if the price goes this low. Miners won't definately sell with a loss.

[Rollkal]

It is possible, but if the BTC falls below $ 6,000 then the purchase will increase and then the BTC price will increase again, in fact, the BTC price falls below $ 7000, then that is the time investors buy it. a lot of.