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Author Topic: Will Bitcoin go below 6K?  (Read 16006 times)
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August 06, 2018, 01:11:19 PM
 #321

Be prepared for every scenario. What matters is how you will react to those price actions. Will you keep on buying or will sell with a loss.
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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August 06, 2018, 01:11:51 PM
 #322

most holdlers will not sell that low
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August 06, 2018, 01:14:04 PM
 #323

Some analysts are saying bitcoin must drop to 4500-5000 dollar before bull run, I dont know it is right or wrong but they are good analysts so I believe them little, I hope we dont drop much.

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August 06, 2018, 01:35:51 PM
 #324

Many trends from analysts recently are causing panic for investors in the downtrend. But I think bitcoin will not slide 6k. Previously, bitcoin was down 5k8 and quickly returned. and growth to ~ 8k5. It is a psychological threshold and also a moment of active gain.
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August 06, 2018, 01:38:57 PM
 #325

Though anything is possible in crypto because it is volatile and also unpredictable but I doubt if bitcoin will fall below 6k before the market recover from the bear. Presently, bitcoin price is above this amount and I am sure it will keep rising till the bull run will start.
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August 06, 2018, 01:44:56 PM
 #326

always living what is going to fall in price will rise above 10k sure this is the past it has always been the bull season will come

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August 06, 2018, 03:52:06 PM
 #327

I think at the moment it looks like bitcoin won't fall to $ 6k, bitcoin is currently leading its best trend, so I don't think it's possible to reach $ 6k for now. I hope bitcoin can continue to rise and continue to show positive performance.
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August 07, 2018, 07:58:37 PM
 #328

I don't think so but if it goes below 6400$ definitely the price of bitcoin will reach more than 9500$ this time. Wait patiently how far people are reacting to the bitcoin price. Because we have seen many ups and downs in the market and this makes us wait until the price of bitcoin starts increasing.

possible.

it can go down to 5000 dollars. and i think after this fall. btc will go up 10000 dollars and stay in there.

Of course it is possible, just let someone hack binance or any other big exchange. But I also think it is rather unlikely. In fall we probably are finally back rallying to new highs after the approval of ETFs. This is not a given either but I think there is a much higher chance. And once fresh money is coming into the market...boom.
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August 07, 2018, 08:03:53 PM
 #329

I don't think it will go bellow 6K now. I hope that Bitcoin will increase. It is a hard time for altcoins.
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August 07, 2018, 08:13:46 PM
 #330

The market is not so stable lately, but I don't think it will go below 6k.
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August 07, 2018, 08:16:37 PM
 #331

This is way to confusing now, it was approaching $8000 recently and now it's gone below 7k. This uncertainty is the reason why institutional investors are being put off from investing, you need to follow the market every second to make high gains

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August 07, 2018, 08:33:57 PM
 #332

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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August 08, 2018, 01:46:40 PM
 #333

I don't think so but if it goes below 6400$ definitely the price of bitcoin will reach more than 9500$ this time. Wait patiently how far people are reacting to the bitcoin price. Because we have seen many ups and downs in the market and this makes us wait until the price of bitcoin starts increasing.

I hope, it will not happen. 6500 thousand is a psychological mark for now. If Bitcoin falls under it (sufficiently) it will go down again. I suppose that BTC will be gaining.
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August 08, 2018, 01:53:05 PM
 #334

Well, Bitcoin could be easily the only one coin which will stay at the same price, I think that in the long term it's the most trustful platform, but it could really decrease to 6000 $, but if under, only a little bit.

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August 08, 2018, 02:01:27 PM
 #335

There's a high chance for Bitcoin to hit that level, sadly with how the market performs nowadays things may even get worse, but lets not focus on the negativity but rather look at the bright side on this situation, its a perfect chance to top up our portfolio. Think of it as a huge token sale were all the value are at the all time low this year.

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August 08, 2018, 03:32:40 PM
 #336

Sure, bitcoin may go below 6000, since the mood in crypto society is not the best now, many investors are pessimistic because the SEC is in no hurry to launch ETF.
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August 08, 2018, 05:16:03 PM
 #337

From the looks of the charts, it seems that Bitcoin can go below 6000 US dollars any moment now. After a week Bitcoin had tried to hold its resistance at 7000 but last night it crashes to 6500, now we are down to 6,278.30. Bitcoin is down by 852 dollar overnight. And the market continues to decrease.

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August 16, 2018, 11:12:41 PM
 #338

As we saw, Bitcoin bounced back from the 6000 zone and once again it confirms to me that there is a link between the mining costs and the bottom of the price. This zone is therefore a very strong entry zone moving forward, at least for me.

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August 16, 2018, 11:43:25 PM
 #339

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

The price of bitcoin is still following a bad way on the markets. I think it can make the altcoins prices better in the future, but for now, I think it can go under 6k or a price which is more lower than $5500.
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August 16, 2018, 11:46:41 PM
 #340

Sure, bitcoin may go below 6000, since the mood in crypto society is not the best now, many investors are pessimistic because the SEC is in no hurry to launch ETF.


This's true and $ 5.000 is the lowest value for bitcoin if the decline occurs prolonged. But we don't need to be pessimistic, because by itself the price of bitcoin's sure to continue to increase even for a moment and slowly.

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