Will Bitcoin go below 6K?

[BattleZeo]

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

Of course, if compared with 2014-2016, bitcoin should fall below $4000 and only after that, it will start its new round of growth. Now there are no prerequisites for price growth.

[South Park]

Tomorrow ETF will be a trigger of the BTC price. If SEC will reject nyso wtf request, then will will wait a good BTC rally to 5400-5200. That's sounds crazy but we need some one more dip for a big bull run at the end of September.

Surprisingly nothing happened, I thought that the price of bitcoin will go near the ranges that you gave if the decision was negative and yet nothing happened, I find that odd, maybe the market already expected those results and that is why it did not had any effect? Or maybe the whales already knew and they were fine with the decision? But whatever the case the price still seems to be fine and I am glad that is the case.

I think so to. I even expect Bitcoin price would go below $5k , but surprisingly nothing happened after the Bitcoin ETF's rejection. Maybe that little correction after the delay of approval for Bitcoin ETF's proposal made an impact and right after the rejection everyone anticipates it and nothing happens. Or, were just too focused about these ETF commotions that we even put the future of Bitcoin with the final decision of the SEC.

In one hand I am happy since we took a bad news and the market did not move at all, in the other hand I was sure the ETF was going to be denied and then we will see the price going down and that will give us a nice opportunity to get some bitcoin at terrific prices and unfortunately that opportunity never came so I will need to wait for another opportunity to show up in the next months.

[batang_bitcoin]

I think it won't its the time for btc to catch up again.

It actually happened, bitcoin went below $6,000 and if I can recall it, it was $5,800 and $5,500. But it didn't went there for a very long time and to those that are considering it as the bottom for this year and bought bitcoin by that time. It's a very precious time and opportunity for them that they did. While it is getting stable at $6,000 for the meantime, I really think that it will break $7,000 for few days.

[dewynijhof]

I do not think Bitcoin will be lower than $ 6000. Now Bitcoin is starting to show signs of rebounding, with prices hovering around $ 6700. I believe that by the end of this year Bitcoin will recover and reach the $ 20000 price. Now is a good time to invest in Bitcoin. I will use all my savings to invest in Bitcoin.

[Kingsingle]

No such low price, now BTC is growing again, so be patient waiting for good luck will come to us.

[HotHot143]

Right now we've see $6000 levels are very strong support for Bitcoin and most of the altcoins are slowly going up right now we are still waiting for the big news and once that happen BTC will pump and no one can stop it.

[Laxus215]

The trading volume is decreasing drastically if you check on coinmarketcap 24% trading volume has been decreased with 2 weeks. I think there is major fall is coming on the way and Bitcoin will reach around 7000$ before the major crash. In this major crash Bitcoin will go down around <5000$ for long time. Even altcoins too will show the down fall and their price will also drop. The market will recover in 1st quarter of 2019 and there is a huge probability that the BITCOIN ETF will get approved.

[Mytoken]

Bitcoin may be lower than 7K or lower than 6K, but I don't think it can be lower than 5K, because this is the bottom line of mining!

[dzelenyanskiy]

I personally think so.Unfortunately, after a series of monstrous manipulations with the price of bitcoin during this year, people lost interest in crypto-currencies and reduced investment activity.There are no prerequisites for interest and confidence in bitcoin to return before the end of this year, so that its price will not grow and can fall very low, much lower than $ 6000

[omacron12]

We cannot tell with confidence that the market not to fall below and the bitcoin will not leave lower than 6K.
As practice shows bitcoin the moment falls in the most unexpected for us.

Lately, no one can really predict the market, not even the experts. Some persons are saying we will go even further down before we see a bull market. Others are saying 50k before the end of the year. I hope we don't fall below. 6500$ again

[bitcoin31]

Last few weeks ago bitcoin become below 6k dollars but as of now bitcoin is more than 6k dollars and i hope it will increase more and it will not down because it is not good for us. We need unity because it will not do that everyone will be suffer.

[sakokinak]

In connection with the decision not to recognize Bitcoin and Ethereum as securities, experts predict a drop in the value of Bitcoin below 6000$.

As I remember, some exchanges offered Bitcoin for less than 6 thousand when its official course was 6100 USD. Hope, it will not happen anymore - the time when the crypto will start gaining is close.

[Natasha95]

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

Many analysts say that the bitcoin bottom was determined at the level of $ 6,000. Operating with this information, I can say that bitcoin will not fall below. This is his level of strong support.

[nurbay]

I can't know for sure because the value of Bitcoin prices can change quickly.
I think, there is indeed a possibility that the price of Bitcoin will go down because the Cryptocurrency market selection is still ongoing.
If a decline in Bitcoin prices can occur then Cryptocurrency users must be prepared to implement a better strategy.

[gloomyz]

no, the price might not drop below $ 6 because there is great support there and if it breaks that line, making a big panic sales movement that doesn't support anyone even the pope in my opinion bitcoin will never reach below 6k USD There is resistance strong at 6k $ I believe if bitcoin will bounce when it reaches 6k USD
it is a strong buying zone in the USD 6k area, and if resistance will be destroyed we are destroyed. But I am optimistic here I believe that we are in the last place of dump, the 3-month chart also shows that there will be decent growth in the near future

[Sir Legend]

Unique things happen with the price of bitcoin, when the price is below $ 6000, the transaction volume is very large and the price rises again above $ 6000, this shows that investors are still very confident and optimistic with bitcoin so I am sure the price below $ 6000 will not happen again.

[SeNeor]

Unique things happen with the price of bitcoin, when the price is below $ 6000, the transaction volume is very large and the price rises again above $ 6000, this shows that investors are still very confident and optimistic with bitcoin so I am sure the price below $ 6000 will not happen again.

Yes, I also agree with you that the price of bitcoin may possibly not fall below $6000 again because as we can see that the price is gradually rising back and it will be higher before the end of the year.

[spartaka]

6k seems a strong resistance zone, whenever we saw Bitcoin reach that level it instantly bounced back, therefore it is a good buy zone in my opinion.

[profitgenerator212]

Unique things happen with the price of bitcoin, when the price is below $ 6000, the transaction volume is very large and the price rises again above $ 6000, this shows that investors are still very confident and optimistic with bitcoin so I am sure the price below $ 6000 will not happen again.

Not sure about that. 5800$ support is very strong and hard to break, BTC has faced it twice and the thing is unsuccessful, I think in the next bitcoin will go down 6000$ again before a new uptrend season begins.

[asriloni]

Unique things happen with the price of bitcoin, when the price is below $ 6000, the transaction volume is very large and the price rises again above $ 6000, this shows that investors are still very confident and optimistic with bitcoin so I am sure the price below $ 6000 will not happen again.

Yes, I also agree with you that the price of bitcoin may possibly not fall below $6000 again because as we can see that the price is gradually rising back and it will be higher before the end of the year.

It's possible but after the deadline of the ETF announcement. I guess that will be happening if there will be a bad news about that, As far as I know many people are still betting on the bitcoin ETF and it will have ended after 30 December and I hope the market will get a very strong support to keep the price of bitcoin above 6k