Drop of over $500 on the price of a bitcoin last 24 hours

[md-12]

There are always bad news and price is down every month. It will probably better than that. I believe the future but I have earned more than I act hastily

[Golftech]

Still on it's downtrend movements, so we are much closer to hit 5k$ instead of reaching 10k$, but who knows what can be the movement next week, those negative news really affects the value because of those panic sellers are also selling their coins and make more impacts.

[apityeh71]

Now i can not predict where BTC and other altcoin will go in short times,  my purpose just make investment by minimum 1 years, i believe in next 1 year the price will explode. I think bearish trend is not all the times,  will be any times for crypto also to going up and  bullish trend.

[kajiado]

Might it be caused by the world cup?

[mayokaren]

With mixed sort of news coming, bitcoin fell sharply last 24 hour breaking all the so called resistance point of 6500 and 6300 to reach around $6K.
Where next? Below $5K or rise back to $10K?

Nobody can predict the bitcoin price as this is too volatile in nature and I would just hope that this downfall will end and somehow push the price higher to have a good market condition. Although recovery will need enough time we just need to be patient to wait for the best price.

[tng811]

With mixed sort of news coming, bitcoin fell sharply last 24 hour breaking all the so called resistance point of 6500 and 6300 to reach around $6K.
Where next? Below $5K or rise back to $10K?

I guess the next target is 4k8, but it might not be the bottom we wish. There is still a long way until bitcoin price can reverse.

[premiumproductss]

With mixed sort of news coming, bitcoin fell sharply last 24 hour breaking all the so called resistance point of 6500 and 6300 to reach around $6K.
Where next? Below $5K or rise back to $10K?

The next resistance is 5000-4500USD. That doesnt mean that we can´t go through  . The market needs to be cleaned from the money of weak hands.

[chenhaonan]

Bitcoin's price is hard to predict, because most investors are now more keen to invest in other cryptocurrencies, which will allow them to reduce their investment in Bitcoin and cause bitcoin to continue to fall!

[HolderLoo]

Unfortunately, that was a bad thing to see in the past few days. ~ 40 billion market capitals were blown in one day. and there is no sign of ending. Bitcoin has slipped past 6k in the past few hours. This is the lowest price after 3 consecutive fluctuations this year. Hope is a tragedy of the market.

[indobitcoin.tk]

It is difficult to predict. many of the factors that determine whether the course can go up or down. Perhaps many people predict will begin to rise. but of course, the possibility to go down will still be there. hope only the best for the profit that could be obtained. of course, everyone is already restless as the decline continues until today.

[Haunebu]

I wouldn't be surprised to see Bitcoin fall below the $5k mark and get closer to the $4k mark, but this entire market can shift in a matter of minutes and Bitcoin could get back to the $7k again. This is how extremely volatile this cryptocurrency market truly is. I remember Bitcoin jumping by $1000 in a matter of minutes in recent times where there was no conclusive reason to explain why that happened. Don't worry about the value dipping too much.

[kpierce77]

With mixed sort of news coming, bitcoin fell sharply last 24 hour breaking all the so called resistance point of 6500 and 6300 to reach around $6K.
Where next? Below $5K or rise back to $10K?

I hope this will work, to be honest I saw some people are very panicked a few hours ago because of this, let's see the bright side, many people are buying some coins with a large enough amount

[ecnalubma]

It really hurts seeing price consistently low since the beginning of the year, but again you will only loss if you convert all your cryptos to fiat this time. It doesn't make sense that despite of bullish news markets are so negative maybe whales are just setting traps.

[mmo4me.2016]

There are always bad news and price is down every month. It will probably better than that. I believe the future but I have earned more than I act hastily

Today is still a red fire day with Bitcoin and altcoin! Most digital coins are discounted! Bitcoin risk of $ 3,000 in the near future can happen!

[Cris John Pham]

I know Bitcoin price is still unstable which I thought that a few days ago was the cheapest price but my speculation was wrong. BTC will return $ 3k - $ 4k, so be sure the altcoin will continue to dump in the next few months. There will be panic, psychological fear from investors. And this is the best time for you to buy crypto. The dump will be a very powerful bump. By the end of 2018 BTC could reach $ 20k.

[R9s]

Bitcoin has reached the lowest point of the year today. The $5800 may not be able to support tomorrow. The next support price is $4800. If the current decline, it will soon drop to $4800.

[JaoBadjap]

With mixed sort of news coming, bitcoin fell sharply last 24 hour breaking all the so called resistance point of 6500 and 6300 to reach around $6K.
Where next? Below $5K or rise back to $10K?

We could really never know. We all know that the market for cryptocurrency is volatile.
However all we could do, is wish it will stick to $6k. and doesnt hit below $5k.
But in the end of the game, the real affected are not only the bitcoin.
But almost all the cryptos. Lets just wait and pray it would pass this critical situation.

[NN52NN]

I think we will test 5300-5400$ range and if it breaks, 4000$ range. Also, the RSI is going up and the price is going down, strangely

[cryptoherr]

Bitcoin is asset, that has some value changes of 10% ! You have to accept that if you invest in Bitcoin, it is has a very volatil and not Pretty stable value (at the Moment ) !

[Ri Polok]

Market is down. I'm scared about it, hope it returns again it's right position...