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Author Topic: Will Bitcoin go below 6K?  (Read 16006 times)
jamesashmore1964 (OP)
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July 08, 2018, 10:31:16 AM
 #221

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.

6500 is strong support: Can’t see this level been broken!
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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caseback
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July 08, 2018, 10:59:16 AM
 #222

No one knows what really happened next if it is goes down under 6k usd, but as i know this will be protected by the team who manage it there are some circumstances that may affect the pricing in the market and i hope so that this will not go down in 6k usd.
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July 08, 2018, 11:42:53 AM
 #223

The time that's feared by most of people around has finally come to reality as bitcoin dips to 5,000$ mark and hover it for a couple of days. It's inevitable for situations like that especially that bitcoin is a very volatile crypto. Even if the market is looking healthy for a while, i still anticipate for a worse event to happen when bitcoin goes even lower than 5,000$ mark.

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July 08, 2018, 11:48:42 AM
 #224

I hope it doesnt go again, two weeks ago it dropped to 5750 dollar but now it is better, when we will see bull season we dont know but I hope something happen and good days come soon.

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July 12, 2018, 09:52:16 PM
 #225

Yes I think Bitcoin can go down to around $4k this year, I just drew and tried to conmect the dots and it is seriously going through that path before it increases back again and hopefully a full recovery once it hits rock bottom.
Bitcoin is not going to reach 4000 per coin, if you look at the charts you can see that each time the value of bitcoin goes below 6000 the price recovers after a few days, this is clearly the floor of bitcoin, and many traders are taking advantage of this information to take money from those that think bitcoin can go even lower, if you try to trade thinking bitcoin will reach that price you will lose money.
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July 12, 2018, 10:07:45 PM
 #226

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

Bitcoin price had been playing stable around 6,000-6,400$ in the past week. It can stay that way, or either go up or down. There's no other way to go, it all depends on the up coming events or if ever there will be another major news or FUD coming within the week.
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July 12, 2018, 11:32:28 PM
 #227

I hope it doesnt go again, two weeks ago it dropped to 5750 dollar but now it is better, when we will see bull season we dont know but I hope something happen and good days come soon.
The market is looks very strange in my opinion. If you have seen that abouw how the bitcoin goes down and down after a little increase and then this 6k sub can be considered as the last support to the bitcoin.
The only bad thing that a ot of altcoins were getting impact by the bitcoin.

Hamstead
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July 12, 2018, 11:42:38 PM
 #228

No, this market is being supported at the moment with Big Green Candles!
Breaking 7K is now in play!
Even we never wanting it to happen but it have possibilities and we are nearly of touching it again. As we have observe, bitcoin price is still struggling hard for its recovery from a long time in dips and it never shows any huge pumps. We are in 3rd quarter, hope to see any great things happen this season.
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July 12, 2018, 11:53:32 PM
 #229

its been a while
if next dip is 5k, i might going all in and buy btc, but lets see how market moving
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July 13, 2018, 12:59:47 AM
 #230

Maybe... I've bought some higher than 6k, most of it significantly lower than 6k. Either way, I think that's pennies compared to the possible upside.

I try to think of it as buying lottery tickets (I expect nothing in return, but realize there is a chance it could pay off big). If I look at the possible hurdles, the largest is BTC is going up against all the governments in the world. That's a hard fight to win... but if BTC does win...
wh0cares
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July 13, 2018, 01:00:38 AM
 #231

Most markets have predictable dips, Bitcoin is no exception.

Along with checking charts and staying current, i use the dips at my job (in retail sales) to help predict drops. Summer always dips. I anticipate summer will be one of the lowest points of the year, so it may hit well below 5k. Autumn should see healthy raises, but the who knows what else will go on in the mean time
Taniya1901
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July 13, 2018, 04:07:36 AM
 #232

Already the price of bitcoin fell below $ 6000, reached $ 5800. And now tramples on the verge of 6100-6300. It is possible to care prices below $ 6000.
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July 13, 2018, 04:40:07 AM
 #233

No, this market is being supported at the moment with Big Green Candles!
Breaking 7K is now in play!
According to my guess, it's heading down below $ 6k. Because this week it has gone from 6k8 to 6k2 $. So next week, I expect its price will be $ 5k8.
This is normal because the manipulative force is becoming very powerful and we can not do anything else. Be calm and hold them until the market is pumped.

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July 13, 2018, 07:41:40 AM
 #234

it seems that the base price bitcoin is already priced at $ 6k and it will be very difficult to collapse more badly because the purchase order at $ 6k is very much and they realize bitcoin prices will not get down that badly, the whales have opened a buy order at the price of $ 6k.

Natan7
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July 13, 2018, 07:56:07 AM
 #235

in my opinion Bitcoin can reach a price of $ 5,500 and after that it will start to grow and pull the entire market up! Very much I wait for this moment as well as all

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July 13, 2018, 07:58:50 AM
 #236

It is hard for BTC to fall below this level, as the BTC is down to $ 6,000 this time, buying is likely to increase and thus push up BTC prices.

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qero
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July 13, 2018, 08:11:46 AM
 #237

It is hard for BTC to fall below this level, as the BTC is down to $ 6,000 this time, buying is likely to increase and thus push up BTC prices.
I see possibility to touch 4800-5000 level (ATH of september). We didn't retested this level from that time.
We don't have volumes to bounce up from 6000. So, the way to lower price is open.
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July 13, 2018, 04:59:19 PM
 #238

6K seems to be a stron resistance yet to be overcome. This is sensational, 6K been a string minimun its what we need to believe even more in BTC, time for bearish market. Smiley

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July 13, 2018, 05:08:06 PM
 #239

wait for some good news in august with SEC announcement for bitcoin, if this announcement is positive it will be start of bullish for bitcoin market and follow by altcoin
gudjhonson
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July 13, 2018, 05:35:02 PM
 #240

No, this market is being supported at the moment with Big Green Candles!
Breaking 7K is now in play!
I hope the price of Bitcoin will not go down worse than now. I hope the price of Bitcoin is slowly rising and could reach its high price by the end of last year.

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