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

[Zin-Zang]

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?

Odds are ~$4000 for 2½ years or so.

[LesterD]

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 resistance on $6k usd is already been broke. and bitcoin is now below $6k, I think it will last for more weeks, because it will be tough for it now since the resistance is continuously breaking.

[Wickedwitch28]

It is hard to see bitcoin's price is falling. No one can predict the bitcoin or the cryptocurrency market because it is volatile. It already reached it's lowest price since january 2018 but i still believe in bitcoin that it will bounce back again. Never lose hope. Many investors now are willing to invest.

[KarinaMix]

not always our expectations are met, the market is very volatile, I think not all investors are ready to enter the market, so it is believed that while this situation will be for some time.

[lenini]

I think that the cheapness of bitcoins is due to the lack of demand from investors. This has already happened with bitcoin and in the long run the market has a chance to recover by itself.

[babos8383]

until the cue ball is determined and will not be regulated, the price will float as the waves. we are waiting for positive news

[saras008]

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?

It's a pretty brutal semester, if we just look at it from this year's price range. But do not forget, last year we experienced fantastic things, and I think the market should be balanced because the community also does not grow too big. But I think if everyone is on the positive side, then the upsurge will happen soon, because the news that comes will not be decisive unless we have confirmed.

[PutuPartoHarjo]

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?

There is not much to say at the moment, because in reality the situation is completely unpredictable. But of course coins like Bitcoin, can jump as fast as when corrected. And right now, I would prefer to be at an angle that supports the rise, because I suppose, if the price is close to $ 5000, then a lot of communities will go to Bitcoin.

[gawuk]

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?

Looks like you mean the point of support. Indeed many positive and negative predictions, especially on crypto like Bitcoin. Due to the fact that when Bitcoin fluctuates quickly, almost all Altcoin follow. So I am more supportive if Bitcoin will return in the range of $ 10k, because if crypto grows back, then Bitcoin will get the first time support.

[GsxR150]

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?

In my opinion, the likelihood is as great as going down 5k or rising to 10k. So for the current price range, buying Bitcoin will most likely be a good business for the year, at least if you hold it until the end of the year.

[siap86]

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?

A lot of speculation and prediction, from 2k to 20k for this year. I think the news from the outside is quite influential on Bitcoin, and crypto in general.
But this is already the middle of the year, and Bitcoin prices have been corrected about 70% of the highest price.
So I think the odds of returning at $ 10000 are greater than the price drop below $ 5000.

[bournekin]

Currently, the prices or Bitcoin and all altcoins are likely dropping down quickly and easily. All red compositions on the market. However today, some coins are rising for green. It is a good move. Hopefully, at the end of this month, the price will be back again to be green. Many people are starting to be panic. Just be calm and patient for your success.

[ABMARK]

The market of crypto currency is very dynamic as well as unpredictable. What we see today will not be the same within a few minutes even. The market is in fact very price sensitive. Predicating or forecasting the price is not possible. This is like a gamble and all we can do is hope it’ll recover.

[worldtraveller505]

It is not a good news for bitcoin. But price fluctuation is a common character of this market. Investors are known about this and they are also smart because they still invest on bitcoin. Because they know bitcoins price will raise in near future.

[IgniHash]

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 saw several charts in the telegram group said that BTC price probably below $5K.
So, I hope you guys setting a stop loss for now.

[Open4lies]

Don't worry about Bitcoin price falling cause as I can see there will be a big dump very soon cause crypto market just received more than 250m USDT so I think the whales are going to collect good cryptocurrencies to prepare for a big pump. Try to hold all your BTC and other cryptocurrencies as long as possible

[Schwifty27]

yeah it dropped by 500$ in last days but i think it will rise up more than it drops.

[ordeath]

Many guys were predicting, that Bitcoin will go so deep, so it is not amazing, but anyway it is sad to face the price so drasticaly plunge down.

[yhoga45]

I do not think it is worldcup, i think the speculation surrounding coinbase lately, the fraud activity on some exchanges announced. The murder attempt on mccafee and more other negative news which has baulked the trend and forced people to dump naively

Every price will pump up soon and we just have to hodl and biy the dip if we can afford it.
Thats all i guess.

The difficulty is when we can buy at the dip, sometimes I bought when I thought it was deep, but then the price falls again and make me just holding it

Maybe it could affect the use case of Crypto for betting, hotel payments, booze, etc. I think the use case of crypto will grow during the world cup but, I doubt it could affect the price drastically

Yeah I thought that a lot of peoples will use crypto for betting, but maybe you're right.

[BlakeMye]

The market is very unpredictable this year. It will be likely caused by a few endeavors of expansive scale financial specialists to control .Through the fates advertise, institutional speculators and huge scale retail brokers controlled the market to money out short shrinks by obtaining and offering huge measures of Bitcoin in a corresponded way. But the market will turn soon positively.