Bitcoin hits lowest in 2018

[Mr.Spreadthehamster]

It has being a serious market downtime this year. But I believe all of that was very temporary so we can be expecting a substantial growth as well from here on.

Its true. According to technical analysis BTC reached the second bottom and from this point, cin should go up.
Moreover, now we see more and more good news, so hope to see July and August green

[ukloon]

It has being a serious market downtime this year. But I believe all of that was very temporary so we can be expecting a substantial growth as well from here on.

Its true. According to technical analysis BTC reached the second bottom and from this point, cin should go up.
Moreover, now we see more and more good news, so hope to see July and August green

The second bottom is a critical factor in financial charts as it usually signals the start of a real bull run, no more of these dead cat bounces! Facebook entering crypto might be the news that kick starts this new price pump

[robotrobert]

It is hard to tell which way things will go from here,price is barely 6k despite the rumors that prices could surge because Tether just create new tokens 25th June.2018. Historically, such normally result in bitcoin price appreciation.

Bitcoin is currently clinging in price range of 6000-6200$ and I don’t think that it will crash anymore as it has strong support at 6000$ mark. Once bitcoin breaks the resistance that is at 6800$ mark, it will fly and next stop will be in between 8000-9000$ where it will face another resistance. I didn’t really understand how creation of new tether tokens is related to the surge in the price of bitcoin that might take place.

[Lala Sravan]

Yes I agree on this statement, Bitcoin will least value in 2018 due for some negatives new all over the world. Bitcoin was down for many times in this year.

[tifani05]

Well, it seems that we now have the same view, that $ 6000 will be the lower limit of Bitcoin fluctuations, and maybe that's not just for this year alone.

[Om George Kesurupan]

yes, now the price of Bitcoin is down and reach the lowest value, I think this is a good opportunity to buy Bitcoin cheaply and keep it in the next few months until the market recovers.

[bitgolden]

I'm interested in the question: is it already the bottom or only its first step? Crypto currency is now a risky asset? Here, even against the background of the probability of a trade war, investors begin to withdraw their funds from digital coins. I hope that everything will change, but rumors on cryptology are not encouraging.

It’s not a new thing. Even centralized investments are subject to market list and here we are talking about investments that are done on a decentralized platform.

Crypto has always been a risky asset, so people always say that invest only that much money in crypto that you can afford to lose because they understand the risk and the volatility of the market. Pump and dump are part of crypto world. We are experiencing bearish trend currently, bullish trend is yet to come.

[dzelenyanskiy]

Lately, I've received a lot of interesting positive information from various analytical sources, which gives me a firm conviction that our favorite crypto currency, and in particular bitcoin, will live and develop further, and their value will grow steadily. We stand on the verge of a big turn in the direction of rapid growth, it remains only to wait a little and not succumb to provocations!

[Kethek]

it can be said that 2018 is a bad year for bitcoin, because 2018 crypto market is severely hit and hit the lowest price but I see the market will soon recover

[kiansantan]

I feel, bitcoin prices are now at the lowest point in history. Actually this is a golden opportunity for the traders crypto.you can buy bitcoin in large numbers. Then you just wait for the price increase and get a big profit.

[george_hured]

This year brought very large losses in the deposit by about 4 times. My deposit has decreased over this period by about 6 times, because most of the deposit is altcoins. If you had a BTC, then you do not feel that much.

[argus312]

It seems to me that so far there is nothing terrible in this, in my opinion this was expected, and in this case the main thing is not to panic!

[Matdog]

it can be said that 2018 is a bad year for bitcoin, because 2018 crypto market is severely hit and hit the lowest price but I see the market will soon recover

True from the beginning of 2018 it seems crypto market has gone down and it resulted in bitcoin and altcoin prices come down as well,
and even now the situation is back so after some time ago things improved,
we hope that in the near future the situation will improve

[Nevsky]

Bitcoin hits lowest in 2018; falls below $6,000: Here’s what you should know
Bitcoin crashed to a low of $5,787 on Sunday afternoon, mildly recovering to $6,131 on Monday morning.

Bitcoin crashed to a low of ,787 on Sunday afternoon.
Post-October last year, Bitcoin rallied in a way that shocked the world. From the modest $4,000 price, Bitcoin surged past $19,000 in just two months. But soon, the fall began and now the most popular cryptocurrency has fallen to below $6,000, lowest in 2018. Bitcoin crashed to a low of $5,787 on Sunday afternoon, mildly recovering to $6,131 on Monday morning. There could be many reasons for the fall in Bitcoin — tax selloffs, higher regulations or ban in many countries, multiple hackings et all.

All that apart, the Federal Reserve of San Fransico last month said that the Bitcoin crash could be attributed to Bitcoin Futures. “The rapid run-up and subsequent fall in the price after the introduction of futures does not appear to be a coincidence,” the report ‘How Futures Trading Changed Bitcoin Prices’ said.
Founded by an unknown person or a group of persons Satoshi Nakamoto in 2009, Bitcoin remained within $4000 until mid-2017, when it increased exponentially for about 10 months. “This explosive growth ended on December 17, 2017, when bitcoin reached its peak price of $19,511. Notably, these dynamics aren’t driven by overall market fluctuations,” the report said.
However, crypto traders have not abandoned the idea yet. “This is not the funeral for bitcoin whatsoever,” Brian Kelly, founder and CEO of BKCM LLC, an investment firm focused on digital currencies told CNBC. He added that as compared to last year’s price of $2, 500, Bitcoin is still at a higher level.

Bitcoin is a type of cryptocurrency, a digital currency which uses encryption techniques to regulate the generation of units of currency and verify the transfer of funds. It is like the money, with no physical presence but a series of codes. Bitcoin is traded on exchanges using the blockchain technology. The blockchain is a digital and public ledger through which transactions made in digital currencies are recorded chronologically and publicly.

Personally, I do not see anything terrible in the fall of Bitcoin. We grew throughout the year 2017. How much now you can go correction? I think that the correction is not over yet and Bitcoin will fall in price by another 2-3k dollars. I see this from the news and the retention of capital from institutional investors. I think that until the issue is solved with the institutionalists, it is not worth waiting for the big growth from Bitcoin and altcoins.

[sourish]

A lot of people have invested dreams on this one, and nothing has fazed its popularity, btc still being fav coin of most people, alongwith king of crypto.

[eka rock69]

No need to worry if Bitcoint and other coint decline, because it is something reasonable, and we certainly hope that the conditions do not last long and the market is in a stable condition again

[chanc3r]

It is hard to tell which way things will go from here,price is barely 6k despite the rumors that prices could surge because Tether just create new tokens 25th June.2018. Historically, such normally result in bitcoin price appreciation.

Bitcoin is currently clinging in price range of 6000-6200$ and I don’t think that it will crash anymore as it has strong support at 6000$ mark. Once bitcoin breaks the resistance that is at 6800$ mark, it will fly and next stop will be in between 8000-9000$ where it will face another resistance. I didn’t really understand how creation of new tether tokens is related to the surge in the price of bitcoin that might take place.

Because when tether was distributing the new created token to the market and it can be used to pump the bitcoin. Remember it's just like the bank that can generate fiat money anytime. Tether can be used to buy anything in the exchange site and that gives a huge impact to the bitcoin.

[sorrros]

It has being a serious market downtime this year. But I believe all of that was very temporary so we can be expecting a substantial growth as well from here on.

Its true. According to technical analysis BTC reached the second bottom and from this point, cin should go up.
Moreover, now we see more and more good news, so hope to see July and August green

I think there is tripple bottom at least and this should be end of bearish trend for sure. But many traders say that this is not the end . Maybe 4000USD could be.

[Anatolich]

It has being a serious market downtime this year. But I believe all of that was very temporary so we can be expecting a substantial growth as well from here on.

Its true. According to technical analysis BTC reached the second bottom and from this point, cin should go up.
Moreover, now we see more and more good news, so hope to see July and August green

I think there is tripple bottom at least and this should be end of bearish trend for sure. But many traders say that this is not the end . Maybe 4000USD could be.

According to market analysis, there can now be two scenarios related to futures. Either we go to 5600 again in these chapels, or at 7100 + -, such a low price can not be.

[karramov]

Personally I'm waiting for even lower. Really want to drop it in order to take off . and while it will not lead anywhere