Will Bitcoin go below 6K?

[Lostan]

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

[TheAndy500]

Unfortunately it is going down and down, for me it is high time for it to show us that it has strength to just come back from this hole, cause with every day it will be only harder to do so.

[WuGong]

The recent downtrend is likely to make Bitcoin reach the price of 6K$! I believe that many players’ funds are trapped in the market! This may be a whale's harvesting operation. I don't think the current market can have a whale takeover. They may be waiting for a new low and then take over the market!

[kotajikikox]

no, in my opinion bitcoin will never hit under 6k USD
thats a strong buy zone in 6k USD area, and i believe if bitcoin will bounce when hit 6k USD

Hope so mate but there are some speculation bitcoin price will going under 3000$ before bounce and gain their price, so far difficult to gives opinion what will happen for bitcoin goes into before go back to stay high price in the coin market only one thing i know if the price will dumped uoto 3000$ its an opportunity to buy.

[sgenuine]

I do not exclude anything, of course there is some optimism about this, but the real situation is just shouting to us to stop, let the market rest and not steadily go down. Yes, and an investor would be nice to see a small light in this dark world, let's see how the third quarter for the entire crypto-currency system will end.

I am also trying to be an optimist and I believe that Bitcoin will not fall so low but recover. However, everything can happen - the market prices are unpredictable.

[phm]

I wait on the $5,6-5,7k level. And I think that BTC price have all chances to go to this level. I don't see any fundamental in the world for growth or trend change. Dirty market with manipulations and nothing more

[jdgranfiel]

Well its nearing to happen already. At this date June 27, 2018 Bitcoin price is $6,122.78. Sad for those who invested earlier, its making a great loss for them while for them who haven't done yet it is a good time to watch for a more dip.

[bird17]

Most likely, the price will drop to $ 5,500. If the volume of BTC trades does not increase in the near future or there is no positive news, the BTC will fall to a lower level

[selivers]

Well its nearing to happen already. At this date June 27, 2018 Bitcoin price is $6,122.78. Sad for those who invested earlier, its making a great loss for them while for them who haven't done yet it is a good time to watch for a more dip.

Yes it is nearing towards 5k but it‘s unlikely it will go lower than 5k simply for that reason that it already costs around 5k depending where you mine and what equipment is being used. A large majority of bitcoin holders are miners and they will never sell for half the price of the mining costs.

[khoatg11]

I think the bitcoin region can be about 5890; 5396; 5168; 4446
I believe this will be the deepest bitcoin market price and this is a good time to buy it

[blitz18]

it is theoretically possible that Bitcoin will fall below 6000. It's interesting, how soon will it return to its peak value?

This is very possible price may go down but if how it will rise again we do not know yet. When price falls it will rise hoping it will happen soon.

[Muzika]

it is theoretically possible that Bitcoin will fall below 6000. It's interesting, how soon will it return to its peak value?

we are always giving an opionion we cant say that the bitcoin price will be better soon because of the current price movement even we will based on the last eyar all time high it is not still a valid reason for us to believe it will happen again there are lots of things to consider.

[BetadiNe]

interesting things to discuss, if true bitcoin is translucent below $ 6k it seems to be difficult again to ride again, and there will be a lot of people who start nervous, I hope it does not happen because it will hurt for everyone.

[mahoni2100]

The current trend is going to get worse in this direction but if some steps are not taken to change it, I hope that the market will improve shortly this year the prices are very low.

[martijohn]

Very likely. it is 6126 and in red.

[waaat?]

My opinion is yes. I wait BTC on the $5.6-5.8k levels. I don't think that it can be less. All markets are so close to panic for the most of young holders. And I see some articles that we must sell all and go out.

[techbill]

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!

So why don't you tell us more about your research. Why does your research tell you that the market will continue going down. You could be part of the whales.

[btc-facebook]

It's difficult to say but at the moment, bitcoin on stable value.

But if bitcoin received another bad news, their value will decrease more drastically than before and so do the altcoin!

Just remember to keep hold it when panic sell is happening!

[richjohn]

Bitcoin can touch a low of $5750 which it already has touched once but is unlikely to go below that. So, feel free to invest right now at all time low and just hodl from here till December for incredible ROI. This is the right time of investment in cryptos specially the large cap ones. Expand and diversify your investment portfolio.

[wyplashdea]

Its quite hard trying to guess the movements of BTC; i think it will be a path plenty of up/downs but in the end it should be bearish, it makes sense