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Author Topic: Will Bitcoin go below 6K?  (Read 16005 times)
futile-resistance
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July 04, 2018, 06:55:24 AM
 #201

As it seems to me at this time a large number of market participants with money buy coins! so we will not fall below
Actually it fell below $6000 few days ago and recovered again. I hope it will not fall again and we might witness price appreciations rather. The little rise is also enough to activate the long term and short term investors to step in again and invest.

Due to even a small rise, the demand for the Bitcoin rise and the inflow of money into the technology improves your standard. No mater how much the prices falls, we will have a good market soon.
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July 04, 2018, 07:12:30 AM
 #202

The faster bitcoin price reaches its bottom, the quicker it will recover after that. But I doubt this period will end soon because whales are good at playing with people's emotion. They need to kill all the hope before pulling the price down so hard.

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July 04, 2018, 07:34:25 AM
 #203

As we all know bitcoin is facing such a big problem, we can say that it affects all the cryptocurrency value .
When you based on the graph last year after the half year or during the month of july the price of bitcoin hit his lower price,I think there are possibility that price of bitcoin will go down below 6k or worse is in 2k.

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July 04, 2018, 07:35:30 AM
 #204

Yes,  bitcoin price is unpredictable it will go down anytime or may rise again.  The recovery of bitcoin now is in a very slow motion, i hope that btc will recover and rise again in a very fast movement.
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July 04, 2018, 07:53:43 AM
 #205

there is a high probability that bitcoin goes below$ 5000 and moreover there is every chance that bitcoin will create a panic in the market and the price will drop below$4000. Of course such a forecast is unlikely but keep in mind this option is.
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July 04, 2018, 08:32:35 AM
 #206

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

I hope that it has already reached the bottom but I can admit that the situation on the market will return BTC for its further fall. nevertheless, I will not sell this cryptocurrency and wait for its gaining.
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July 04, 2018, 09:01:21 AM
 #207

This is one of cryptocurrencies risk we have, market volatility caused to panic and will eat many retail investors. We need to fix the risk, or develop the technology, many investors out there think twice to invest in cryptocurrency by looking to such situations. It might be a very good business for big whale, but will lost most of crypto enthusiast and also reducing market cap. I really believe to cryptocurrency as the future currency.

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canque31
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July 07, 2018, 01:45:12 PM
 #208

It is really possible that Bitcoin price will go lower than 6k. As we can observe the market right now, it experience a rough road. Tight competition in the market is the one reason why Bitcoin is struggling to breakthrough. Bitcoin's price is low for the past weeks and if this will continue the market price will become lower. But I trusted Bitcoin that it will surpass the challenges it is facing right now. It has surpassed the same challenge years ago and still continue to shine among coins in the market. Let's be optimistic and continue to support Bitcoin and the market.
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July 07, 2018, 02:26:16 PM
 #209

it seems to me if the rate of bitkoin falls below 6000, it will not be for long and will quickly recover. I believe that now bitkoin is at its lowest price for the current period, and I confidently expect strong growth by the end of the year. I believe that bitkoin will return the price of 20,000 dollars by the end of the year.
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July 07, 2018, 02:44:31 PM
 #210

Bitcoin to the Moon!
Expert3
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July 07, 2018, 02:49:50 PM
 #211

Guess what? It did break below 5.9k mark for the past week and now trying to break 6.8k mark with the bulls who are tired. Market is done for correction but you being positive, who knows where we could be in the next months to come.
jamesashmore1964 (OP)
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July 07, 2018, 02:51:55 PM
 #212

Guess what? It did break below 5.9k mark for the past week and now trying to break 6.8k mark with the bulls who are tired. Market is done for correction but you being positive, who knows where we could be in the next months to come.

The Bulls have a big green candle coming. I can feel it!
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July 07, 2018, 03:21:55 PM
 #213

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

Well it broke 6 k twice now over the last month and yes there has been a bounce back now, but the bear trend line is still in play i think, and retest of 6k seems increasingly likely over the next few weeks or so. As to what the bottom will be who can say, best to hold i think and be cautious.

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July 07, 2018, 03:28:44 PM
 #214

What will happen in the future we will not know the exact but future we expect that the price of bitcoin will be faster than current prices.
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July 08, 2018, 05:43:14 AM
 #215

It did, in fact, go below 6k so that's out of the question anymore. I do feel it could hold 6k for the short term but is heading down toward 4.5 or 5k mid term. Where it goes from there is anyone's guess but I think it's important to have a long term view about things you believe have potential.
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July 08, 2018, 06:11:32 AM
 #216

Bitcoin goes already twice below $6000 I think we saw the pattern double bottom on bitcoin which can be a sign of the market change and next bull run
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July 08, 2018, 07:39:43 AM
 #217

Now they have risen back to near $ 7000. And they are continuing to grow, as I think they will rise to $ 10,000 in the next two weeks.
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July 08, 2018, 08:03:12 AM
 #218

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

I dont want bitcoin to go down to 6k . But the fact that market are red and still the cryptoworld are on the verge of falling because of problem and accusation around the world unambiguous that bitcoin can go down to 5k or worse than that.

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July 08, 2018, 08:27:23 AM
 #219

No, this market is being supported at the moment with Big Green Candles!
Breaking 7K is now in play!
I don't think it is too optimistic, as it seems. BTC is sure to fall below 6000. At present, we mainly need to observe whether the support of 6500 is strong.If it falls below 6500 quickly, then it is likely to go to 5800.
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July 08, 2018, 09:40:40 AM
 #220

I think 6k was the bottom which everyone was talking. I don't think BTC will break $6k level, it's been on the up move for the last week or so and trying to break $6.9k resistance, I'm hoping it will be broken tomorrow as it's monday and people generally buy/sell on the sentiments of previous week. Even if it breaks $6k level, I'm ready with my fiat Smiley
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