Bitcoin is going down

[dbshck]

I think bitcoin dip going until 5300$ range Which is strong support. But Sometime it will dip beyond the previous high But It will happen because of FUDS or bad news.
What is your opinion guys, Where it will stop

Yeah somewhere in that range. I'm quite convinced $3K will never happen again. I'm expecting a small bull run after we hit $5000ish bottom. But even if that breaks $4500 should be a very strong support

I guess it's already stopped yesterday at $5800ish.

Today it shows a great support at $6200

$6200 is a resistance. We've failed to break that and now we're down to $6000 again, which is the support. I doubt it'll hold the next time we touch $6000 again.

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[Koro-Sensei]

I think bitcoin dip going until 5300$ range Which is strong support. But Sometime it will dip beyond the previous high But It will happen because of FUDS or bad news.
What is your opinion guys, Where it will stop

From the point someone invested a big amount of money and the price went up drastically in a short amount of time then the lurking speculators will move their butts and get a piece of it. FUDS will not stop but it will be dominated of the full blown price when BITCOIN kicks to the sun.

[yanto@1977]

I think bitcoin dip going until 5300$ range Which is strong support. But Sometime it will dip beyond the previous high But It will happen because of FUDS or bad news.
What is your opinion guys, Where it will stop

I already leave market since last month because I don't see any chance to make profit, for now I save my asset into currency and wait the best moment to buy back again. Depend my analysis this situation will happen in long term period ( end of the years ), if this happen I'll take challenge find another way to make money. I'll not stop you to execute your strategy but I only can say " Think Again " 

[Hirikama29]

Many predictions for bitcoin today, you have the information related to bitcoin, if the bitcoin is down there is a good time so that we can buy it at the most attractive price.

[ichai]

Yes, the market today is falling deeply, there are many altcoin have fallen to the bottom, do not understand why the market always go down so, but I believe they will grow again in the future. That's for sure.

[monster2]

I think bitcoin dip going until 5300$ range Which is strong support. But Sometime it will dip beyond the previous high But It will happen because of FUDS or bad news.
What is your opinion guys, Where it will stop

Bitcoin falls when many investors dump their bitcoin and sell it at its low cost.
But I think a lot of bitcoins issue so bitcoin is also worth the price so its price drops.
But with a limit on its downturn next year, its price will increase.

[jasonjm]

I think bitcoin dip going until 5300$ range Which is strong support. But Sometime it will dip beyond the previous high But It will happen because of FUDS or bad news.
What is your opinion guys, Where it will stop

There are strong predictions that bitcoin will dip to around $5400 as Bitcoin is now under price correction phase similar to 2014. Definitely it will increase in coming months so better buy the dip to gain profit.
The main derivative behind this drop are negative news which affected bitcoin very badly. A news from US justice department about price manipulation has an impact on overall crypto market and specifically bitcoin.

[Lock00Live]

Almost all altcoins have fallen, not just BTC, the market is falling today, because so many people are withdrawing from the market, they will probably invest again in the next few months.

[iram3130]

IMO, Next 3-4 months will be a bearish market and hard time for all the altcoin holders. Unless we see some implementation in the real world, it will be tough to get back the price.

[itscomplicated]

Noted, but do you have a proof?

[Putunembah]

I think bitcoin dip going until 5300$ range Which is strong support. But Sometime it will dip beyond the previous high But It will happen because of FUDS or bad news.
What is your opinion guys, Where it will stop

I also can not help thinking that bitcoin will lower its price to as low as it currently is, and whether bitcoin will lower its price even further, I am very confused by what's happening now, I think by buying bitcoin at a price a few weeks ago it's already is at a cheap price, but it turns out bitcoin can still go down again until that is currently happening.

[Ramtapsbtc]

I believe with Bitcoin and the technology behind it so i still positive the price of BTC will be reversal and going up to $20k again.  At the moment the price on consolidate in the area $ 6000 and after that ready to all the times high.

Yes bitcoin is going down ,the fluctuation of the market is normal, in cryptocurrency we have cyclical market but what we can do now  is keep holding our trust into cryptocurrency as well as the blockchain technology.

[duc4487]

now market is fall down and fall down,it is very difficult to know when BTC stop,5300-5500 is line support or 3000 is line support,now i really afraid about market,i can't beleive if BTC go down 3000 usd how will i do,i will cutloss and go out crypto market or continues hold my coin

[Missterio]

In summer, always a bad situation in the crypto-currencies, I would recommend waiting for autumn and winter to see good growth.

[Hamstead]

I think bitcoin dip going until 5300$ range Which is strong support. But Sometime it will dip beyond the previous high But It will happen because of FUDS or bad news.
What is your opinion guys, Where it will stop

We take that consideration and it is quite possible if this dips will continue for more days but as seeing the current price today, it looks like it won't go that much any more. Bitcoin have a little bit increase recently bringing back into $6100 again, hoping it will make some steps to go forward with the support of the community.

[Altcoins enthusiast]

This is very serious as many people are selling now.  I think pulling back to $5300 is still possible and we are to accept this reality as the bearish that we thought are getting weak are now getting stronger.  I think bitcoin is  going to reverse after it get below $5500 trading Area.

[Lazada]

Current market conditions are very difficult to predict. Whereas for a few days ago the price of bitcoin was seen to increase.
yes the current condition is still not stable and for anyone who wants to take the decision to invest then they should be really ready in doing the analysis.
improper analysis will only make you lose. Think of yourself as having to choose to buy or sell the Bitcoin we have.

[adaseb]

Its very difficult to tell where its going to go next week.

Basically we are very oversold and we need some kind of bounce, very quick. We got the tether printer which usually is bullish for price and so is the news that Facebook will once again allow crypto ads.

Problem is that it failed to close and stay above the previous days candles. This is generally regarded as being very bearish because when it fails to close above those candles, usually the bears return and bring it down. Like it happened earlier in the month.

[St4yInTh3D4rk]

I think bitcoin dip going until 5300$ range Which is strong support. But Sometime it will dip beyond the previous high But It will happen because of FUDS or bad news.
What is your opinion guys, Where it will stop

Everyone keep predicting new values when there is a price fall but still bitcoin is maintaining at $6000 so I don't think it will fall below that value for now.FUDs are the reason for the price falls but we need to keep holding the bitcoin to help it to recover.We need to keep spread the positive news as much as we can now.

[Nonie]

I think the strongest bitcoin support is at $5,500 but now the price has gone up to $6,000 after a few days ago the price $5,800 hope the support at $6,000 will be strong and bitcoin will go up $6,300 $6,500 and $7,000 and more