Will Bitcoin go below 6K?

[Katabit]

As shown by the investigations of many analysts, with all major drops in bitcoin prices last year, its main holders became richer.

[SPINPIX]

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!

i think that it will be hard to go under the support of 6000 dollars, there is a whole industry behind btc that can't afford to go under a certain price, think about all the miners that bought the mining hardware, they can't stop mining because they have paid very much their hardware but they can't even sell in loss, btc has a cost of production and all the miners are here for gain some money, they wont sell in loss. even the btc of mtgox will not be sold under a certain level, they have to refound all the ex clients of mtgox so they have to try to get the best price and don't dump it.

[kojoannan]

Yes I suspect bitcoin is rehearsing to dip back to the price of 5000 USD and is going to be a major blow to the holders of bitcoin who refuse to let it go since it started fallen from 19000 usd

[gbale]

it is a market law in which the market capitalists rule over a price monopoly.
I am not surprised anymore with it. it's just that I'm always looking for information about coins that will go up in the market.

[xboxtwo]

yes it's possible that bitcoin will get below 6k. But not below 5k.

[Sephire]

Bitcoin is not too much above $6K. Even though $6K is a strong support level, there remains a small chance of a quick dip below it to create some panic.

[hawkins]

Bitcoin is not too much above $6K. Even though $6K is a strong support level, there remains a small chance of a quick dip below it to create some panic.

I do not know, we're all wary of it happening. it's just that some investors will probably take advantage of that moment if it really does happen. but, for now, we can only hope that bitcoin prices do not go down to that line. well, maybe there will be a lot of news that preach negative things if it happens.

[DZU1410]

There is an opinion that the level of bitcoin can reach the mark of 5k. In principle, bulls try to overcome the bears, until it does not turn out badly, because the market practically has the same growth as the fall. The main thing will wait until the whales start pouring in their investments to raise the level of capitalization.

[BattleZeo]

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!

I don’t think BTC will go down lower 6000. Recently BTC had fallen to 6k1, now it’s climbing slowly. And basically we cannot take the price of sat or Sunday seriously. Because price on those two days is always lower than the rest days.

[aragom]

As shown by the investigations of many analysts, with all major drops in bitcoin prices last year, its main holders became richer.

you are so optimistic.

it is going to drop below 5k in august according to my graphs. and it wont rise until end of september. this summer doesnt seem so good.

[Vit83]

I see very strong resistance only on 2800 usd) This will teach most of us a big lesson about HODL and Lambos)

[SHawk]

Looking at the price of bitcoin today, it is already below 6k and nobody knows how much it will still lower before the market will recover. I think patience is needed to avoid big loss.

[georgereyes]

It is very possible this upward momentum is terrible. I wouldnt be surprised if we hit 5k.

[kira17]

As shown by the investigations of many analysts, with all major drops in bitcoin prices last year, its main holders became richer.

you are so optimistic.

it is going to drop below 5k in august according to my graphs. and it wont rise until end of september. this summer doesnt seem so good.

What graphs? Can you show it, would be interesting to see?
However, my opinion is like yours, I think bitcoin can probably to drop down under 6k, maybe till 5. But not for a long time. Than, if we will see growing volumes, we also will see grow of price.

[Bitcoin1216]

If we look at the bitcoin price movements in this year then we'll find a unique fact because the price has never belled $ 6000, and this seems like a good sign to buy if the price ranges from $ 6000- $ 7000.

[Fedrey]

There is an opinion that the level of bitcoin can reach the mark of 5k. In principle, bulls try to overcome the bears, until it does not turn out badly, because the market practically has the same growth as the fall. The main thing will wait until the whales start pouring in their investments to raise the level of capitalization.

Will they have an interest in investing in Bitcoin? Many predict future losses of bitcoin in the future and therefore can not see an obvious increase in the price of Bitcoin. In any case, today there is a good opportunity to buy crypto-currencies at a cheap price, but only in those moments it is better to invest, which will bring a good profit after a while.

[Hzero]

i don't think so that bitcoin will fall to below $6000. perhaps yes this time a price bitcoin is fall but i trust that bitcoin can't fall below $6000.

[googie4]

I don't think it will. I think that if it starts going that low too many people will buy the dip. I don't know about alts though.

[jamesashmore1964]

Take heed!
If you suffer from FOMO ( 2 Bitcoin pumps) and over the counter dudes want a quick profit you might be on the wrong side of your trade!

[baricuri]

No, I think it's only close to $ 6000 and they will rise again, because if the BCT falls below $ 6,000 this is a reasonable price that attracts a lot of investors to buy and the demand increases. BTC turned up again.