Will Bitcoin go below 6K?

[waaat?]

I think BTC price will not up $7k because too many shorts near this price. But $6k can be only of we will see any negative news or other strong FUD. Now I don't see any reasons for such dump

[Pattart]

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.

If the price drops below $6k of course it will make a big wave of panic. I hope it does not happen, and just like some time ago.
the bottom line only reached $6k and no lower than that. I hope the price can be recovered because many people already want it to happen

[jamesashmore1964]

Bitcoin ranges from 6500 to 6900 dollars at the moment. I think it's a springboard to reaching 10,000 soon.

You were wrong!

[AltcoinsBattle]

And I want a wave of panic. This will clear BTC and alts from possible resistance in future growth. Otherwise, the market will continue to slow slow fall.

[Rano]

It really looks like we might at least touch the 5.9k. Probably this week. It just has touched 6070$ and for sure whales want tp trigger those stop losses at 5980-5999$. Not sure though how far lower we might go. Hopefully not so low, since it is very depressing already to see only red numbers. I'm long term bullish but short term a bit more bearish.

[koloNikolo]

Some technical analyzing shows that we have support on 6k.
But we can not predict the level of panic if the price will touch 6k or even below... My opinion is to be ready for 4,5k (that's gonna be the worst scenario)

[jamesashmore1964]

It really looks like we might at least touch the 5.9k. Probably this week. It just has touched 6070$ and for sure whales want tp trigger those stop losses at 5980-5999$. Not sure though how far lower we might go. Hopefully not so low, since it is very depressing already to see only red numbers. I'm long term bullish but short term a bit more bearish.

I am with you: I agree!

[cavaBcoin]

anything will happen to Bitcoin if it's time, it can be above or below 6k. of course we all nobody knows exactly when it will happen, because that's just a prediction. of course we all expect the same want the best on Bitcoin.

I think Whales know exactly the price of Bitcoin because they are controlling the crypto market in general and Bitcoin in particular.
The crypto market now is too hard to predict because many the large financial institution joined and manipulated the market. Especially, the recent time Soros Quantum Fund also invest in the crypto market and i think Soros who experienced in the financial field will easy control this market.
Now is too hard to earn profit in the crypto market.

[Andrijana5616]

I think  it does not make much sense to discuss this, because everything is speculation and prediction, but while we are on this topic, I GUESS -in near future ,no ,there's more speculations that bitcoin will grow up even more in the end of 2018,of course that's what people hoping for.

[fulmetal08larz]

I believe that most smart money are purchasing BTC over the counter which does not affect the market trade. They could be buying in chunks and with a discount like buying goods at a wholesale price level. $6k is the major support for BTC currently as it was the approximate price to mine a single coin. This day could be the last shakeout in the market as good news are being headlined now including Gox releasing a statement that they will stop selling their holdings.

[Doell]

If look at the present value then I also think the value will fall below 6000 ,but not necessarily if we are still trying to monitor the decline with the funds collected so as to make a request when 6000

[zikabra]

That is quite surprise, yesterday I was saying it is good that bitcoin has finally start to raising again and this was like cold shower.
What happened here why it went down again? I can speculate few things but it doesn't make sense. Every day more and more stores are accepting bitcoin it doesn't make sense to go down.

[Traffy]

Pretty sure we will see BTC sub 6k, to clear the stops from our february low. Quite sure we will see a decent bounce around 5700-5800. I'm not worried  

[jamesashmore1964]

anything will happen to Bitcoin if it's time, it can be above or below 6k. of course we all nobody knows exactly when it will happen, because that's just a prediction. of course we all expect the same want the best on Bitcoin.

I think Whales know exactly the price of Bitcoin because they are controlling the crypto market in general and Bitcoin in particular.
The crypto market now is too hard to predict because many the large financial institution joined and manipulated the market. Especially, the recent time Soros Quantum Fund also invest in the crypto market and i think Soros who experienced in the financial field will easy control this market.
Now is too hard to earn profit in the crypto market.

Maybe Soros is behind this: A Possibility! He is a master of this game!

[Anzylon]

It is possible since there is a fud going on about a generated hash #00000000000000000021e800c1e8df51b22c1588e5a624bea17e9faa34b2dc4a in blockchain block which causes a lot of confusion.

[Last follen star]

We can fall to the previous level of 5800, but I do not think that a strong fall is possible below 5000, the price should not fall below the price of profitability of mining.

[buytheeffinD]

To me it feels like we are shaking out the last of the weak hands before we rocket up. I could be entirely wrong as I don't dabble with TA, but I have a hard time believing the predictions of 1k Bitcoin. It wouldn't be the end of the world, but if that did happen then from December the outlook would certainly be much bleaker.

[despondency]

We can fall to the previous level of 5800, but I do not think that a strong fall is possible below 5000, the price should not fall below the price of profitability of mining.

Ser, did I understand you correctly that at a price of $ 5000, mining would not be profitable? For ETH, is the price equal to $ 300? So the bottom is already close?

[flying_bit]

yup, I can see $5000 will happen anytime this year but this can be good to shake up weak hand, lose interest for scammer and make pnd group leave cryptoworld..that's kinda ideal bright side if we have that dip ..lol

[Claudyah]

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

it will not be possible that it is from the start bitcoin present until now the price is very down but it will not be possible so far that many media mention that indeed the price reduction is driven by several factors but do not worry because the end of the year prices will improve.