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Author Topic: BTC next stop is 5K$  (Read 440 times)
1Referee
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July 02, 2018, 07:42:11 AM
 #61

You failed! bitcoin bounced around 5800 and now trading around 6300usd.
So next stop will be over 8000 usd in this month and will more following days.

Technically OP hasn't failed at all. Just because Bitcoin confidently went up over $6000 for now doesn't mean we won't be going back lower.

The thing is that without a bullish trigger the price won't be going up high enough to reverse the trend, and as long as we don't see a change in the trend, we can still go far lower than current levels. It might be a time consuming process, but it's not easy say anything of value in a market that's solely controlled by whales and bots right now. The retail influence consistently has become less of a thing with how depressed they are. They can only wait and hope for the price to go back up.

If you are so sure of $8000 then long Bitcoin with 5-10x leverage.
The Cryptologist
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July 02, 2018, 07:45:52 AM
 #62

Bitcoin has a special trait. Whenever people expect a more decrease in price after another, it opposes that prediction and go up. When people are convinced it's going to go straight ahead to the worst bottom, it  get backed up to a fine price or where it was previously. 
kenziefried
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July 04, 2018, 06:17:05 AM
 #63

Overall, the mood is rather limp and long-term trend is quite clearly downward. Bitcoin is going through a rather difficult period. The holiday season is a period of increased spending, which could play a relatively important role in cryptocurrencies.
Another reason could be the expiration of the bitcoin futures contracts on CBOE. Follows hacker attacks on stock exchanges and regulations. All of these reasons undermine the credibility of the entire sector, and this reduces the interest of investors.
Value of the Bitcoin reached to 5.8k dollar few days ago, the lowest price recorded this year. But on the next day the price improved a little to 6.1k dollar and this improvement if continues then the price will follow the increase trend. This increase trend will lead us to a high market so wait for the real time and hold your investment till the end. Do not think that the market will not recover; it will be recovering as we have seen its recoveries many times in the past.
Mastsetad
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July 20, 2018, 08:36:15 AM
 #64

This downtrend is a normal thing in summertime. Price is dropping but nothing big in my opinion, nice drop for people who wish to buy more under 6k dollars. What ever is the reason behind this drop people should use this good opportunity for buying. Price usually starts to rise in August, people should wait for that time before making any trading decisions.
I hoped that 6k is new bottom, but price continued with declining. If next stop is 5k and if that be the new bottom than it would be great, for all of us for such high new bottom and unique opportunity for all of us to buy in that bottom and earn maximal profit at next top.
It is possible but not sure because the market today on 26 June is green and the price increased about $100. It holds $6000 for long time, it means that now it is the time for pump in the price and there will be no more dip in the coming days. So be optimistic about the future and don’t be panic about the current situation. It is for the time being.
reactorjuno
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July 20, 2018, 11:00:49 AM
 #65

This downtrend is a normal thing in summertime. Price is dropping but nothing big in my opinion, nice drop for people who wish to buy more under 6k dollars. What ever is the reason behind this drop people should use this good opportunity for buying. Price usually starts to rise in August, people should wait for that time before making any trading decisions.
I hoped that 6k is new bottom, but price continued with declining. If next stop is 5k and if that be the new bottom than it would be great, for all of us for such high new bottom and unique opportunity for all of us to buy in that bottom and earn maximal profit at next top.
It is possible but not sure because the market today on 26 June is green and the price increased about $100. It holds $6000 for long time, it means that now it is the time for pump in the price and there will be no more dip in the coming days. So be optimistic about the future and don’t be panic about the current situation. It is for the time being.


Usually the dip happens in December or January, I think it has been the case in the five previous years.
carlisle1
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July 20, 2018, 12:30:44 PM
 #66

It will stop at 4k and reverse. I guess/hope.
Lol four in your dreams stop this dude because today is a great day sitting at $7,460 and still slowly growing all your negative thoughts wasnt happening this days and will never happen till this year ends.

No stopping at below $6,000 and bull are just in the corner waiting for the run.

If you both want to profit?then buy bitcoin now before its too late
cold cool
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July 20, 2018, 01:49:38 PM
 #67

Although I'm not very comfortable with the fact that the BTC has fallen to $5,000 again, it's quite possible that things are going that way and hopefully the BTC will hold up at $7,000.
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