Bitcoin at 4500$-5000$ August-September 2018 !!!

[martinkay550]

$4500 is too low. Mining costs over $6000. There is a huge support between 5800 and 6000 dollars.

[nicster551]

Hello dears!
Think I am crazy when I say that the cue ball will be 4500-5000$ for August-September! Can be! Do not argue! But my opinion is the place to be and here's why.

1) Institutions do not want to buy a cue ball for a high price.
2) according to the latest CBOE reports , mega whales are sitting in shorts.
3) Ruling the world just don't want the majority of people got rich and why do so people lost faith in the cue and sold on the cheap.
And the last...
4) analysis of the cue ball for 2014. He fell exactly 10 times! Therefore, from the previous highs ($20,000) ,the cue ball should fall to$ 2000 (but this is the Scam). Therefore 4500-5000$ I think it is real!

Your thoughts are interesting. What do you think about this ?

I know that there is a possibility that this would happen, but according to the charts the major support for me of Bitcoin as in only at the levels of $5000 and I think it wouldn't go down to any level lower than that. But who knows? Maybe that would really happen we just have to wait and see it for ourselves.

[Ourplealis]

Hello dears!
Think I am crazy when I say that the cue ball will be 4500-5000$ for August-September! Can be! Do not argue! But my opinion is the place to be and here's why.

1) Institutions do not want to buy a cue ball for a high price.
2) according to the latest CBOE reports , mega whales are sitting in shorts.
3) Ruling the world just don't want the majority of people got rich and why do so people lost faith in the cue and sold on the cheap.
And the last...
4) analysis of the cue ball for 2014. He fell exactly 10 times! Therefore, from the previous highs ($20,000) ,the cue ball should fall to$ 2000 (but this is the Scam). Therefore 4500-5000$ I think it is real!

Your thoughts are interesting. What do you think about this ?

You can say that $20000 was due to a lot of pump and manipulation in the market but that does not mean that true price of bitcoin is 4000$. Bitcoin has never fallen substantially below 6K and i think it will not fall below this figure.

[richminded]

Hello dears!
Think I am crazy when I say that the cue ball will be 4500-5000$ for August-September! Can be! Do not argue! But my opinion is the place to be and here's why.

1) Institutions do not want to buy a cue ball for a high price.
2) according to the latest CBOE reports , mega whales are sitting in shorts.
3) Ruling the world just don't want the majority of people got rich and why do so people lost faith in the cue and sold on the cheap.
And the last...
4) analysis of the cue ball for 2014. He fell exactly 10 times! Therefore, from the previous highs ($20,000) ,the cue ball should fall to$ 2000 (but this is the Scam). Therefore 4500-5000$ I think it is real!

Your thoughts are interesting. What do you think about this ?

I know that there is a possibility that this would happen, but according to the charts the major support for me of Bitcoin as in only at the levels of $5000 and I think it wouldn't go down to any level lower than that. But who knows? Maybe that would really happen we just have to wait and see it for ourselves.

Chart says it all and I also believe bitcoin will not lower than $5500 but because of volatility I’m still not sure about this. Big whales are really playing short and manipulating the price movement so maybe the OP is right but for me it doesn’t matter because I’m playing long and whales will pump bitcoin again in the right time.

[Daniel9140]

I believe that this is just your opinion, i do not see bitcoin getting to 2000 dollars in my own opinion. No one can accurately predict the price of bitcoin as their are many manipulation in the market. Investing in bitcoin now is a great way of earning massively in the future if you hold for long. Let's see what happens in september

[eaglewhite80]

~snip~

if that come true, i will lost 80% money, it seem no more people believe in this market, so sad.

Have you considered if that is true you may actually be gaining more money in the long run when market recovers? Sure, a lot of traders believe we have not seen the bottom yet and the market still has the chance of going as low as $3k but who cares as this should be a chance for anyone who believe in this space and looking forward to more in the future, to accumulate. Opportunities like this only come once in a while, and you really do not want to miss out.

[megasynk]

I don't believe Bitcoin will end this low but if it does I will be happy to buy more of it.

[drumamat]

I think that the market and the bitcoin price will be at the current price (about 6,000$) before the end of September, and then there will be a rapid growth

[berrygood]

No, $6000 is so strong that it can't be broken by the bear. It is where btc is accumulated and tested many times but failed.

[torry28]

No, $6000 is so strong that it can't be broken by the bear. It is where btc is accumulated and tested many times but failed.

The fact is bitcoin even dropped to $5800 many days ago, but it bounce back to $6000 above.
Any of speculation shouldn't take too seriously, it's all only speculation and even yourself can predict the price by yourself

[darkangel11]

1) Institutions do not want to buy a cue ball for a high price.

We made it to 20k without institutions. What makes you think that we can't sit at 6-8k without them?

2) according to the latest CBOE reports , mega whales are sitting in shorts.

You can't keep shorting forever. Liquidation is just around the corner.

3) Ruling the world just don't want the majority of people got rich and why do so people lost faith in the cue and sold on the cheap.
And the last...

The popular argument about the rulers of the world wanting to destroy BTC. Who are they? The Bilderbergs? The Illuminati? Please...

4) analysis of the cue ball for 2014. He fell exactly 10 times! Therefore, from the previous highs ($20,000) ,the cue ball should fall to$ 2000 (but this is the Scam). Therefore 4500-5000$ I think it is real!

Comparing 2014 and 2018 is pointless. I wrote about it here:
https://bitcointalk.org/index.php?topic=4898195.msg44204493#msg44204493

[gayan777]

bitcoin and eth crazy down I never hope this time to down btc I think not up trend btc last December all crypto investors are rekt

[Muzika]

No, $6000 is so strong that it can't be broken by the bear. It is where btc is accumulated and tested many times but failed.

The fact is bitcoin even dropped to $5800 many days ago, but it bounce back to $6000 above.
Any of speculation shouldn't take too seriously, it's all only speculation and even yourself can predict the price by yourself

thats the point any speculation is also made by our fellow bitcoiners so we were just giving our thoughts regarding the price of bitcoin without basis they were just giving insight on what they see on the past price so that is true we should not take it seriously.

[CoinsOrDie]

No, $6000 is so strong that it can't be broken by the bear. It is where btc is accumulated and tested many times but failed.

Accurately 5700$ is the most important support for bitcoin. This place has not been broken, In the next few days may Bitcoin will go down to test this price again. If it still can not be broken then maybe the market will start uptrend up as in 2017. But if 5700$ is broken then we will have to see Bitcoin at 5000$ or will be lower.

[Jiucaige]

I am not a professional analyst. I have no way to give anyone an accurate answer, but I know one thing. If Bitcoin falls below $5000, the mining industry will stop!

[stomachgrowls]

No, $6000 is so strong that it can't be broken by the bear. It is where btc is accumulated and tested many times but failed.

Accurately 5700$ is the most important support for bitcoin. This place has not been broken, In the next few days may Bitcoin will go down to test this price again. If it still can not be broken then maybe the market will start uptrend up as in 2017. But if 5700$ is broken then we will have to see Bitcoin at 5000$ or will be lower.

If that strong support would be broken of $5700 basing on technical analysis then we might probably see those low levels but as of now we are seeing bitcoins price tends to rise up on $6400 as of this moment of writing.
It might test $6800 again if the gradual increase would still continue but no one knows if it would head up or just a typical rise up on this weekdays and suddenly dumped down again on weekends or on next week.
I have observed that price do play into those ranges which is really a good time for short traders but somehow its a risky thing.

[gabmen]

I personally think that this could be a problem in August and September. Great observation of the past and look at the future ahead this time. This might be a true scenario of bitcoin. No doubt about it.

OP might be wrong. The market goes both ways. It's either going down or going up. So you also saying it's a true scenario absurd. Btw, I'm seeing September as a really promising month for the entire crypto community. There's so much to be optimistic about. One, Crypto has been doing fine in the last quarters of the year.

Whoah doing fine for the last 3 quarters? If you haven't noticed , 2018 has been dominated by beard with probably the exception of april. Though i also think.that something positive will happen before this year ends, the possibility of going below 6k is still there.

[Ryker1]

No, $6000 is so strong that it can't be broken by the bear. It is where btc is accumulated and tested many times but failed.

Accurately 5700$ is the most important support for bitcoin. This place has not been broken, In the next few days may Bitcoin will go down to test this price again. If it still can not be broken then maybe the market will start uptrend up as in 2017. But if 5700$ is broken then we will have to see Bitcoin at 5000$ or will be lower.

Indeed, it's still not broken even though Bitcoin reached $5,000, I can say that $4,500 - $5,000 is possible, but I believe that Bitcoin will remain on $6,000, and I also believe that if that $5,700 is not broken, Bitcoin will start to uptrend like in 2017, but if it's not, I'll expect that it will be lower than $5,000.

[Baofeng]

It could really go to $4500-$5K but its possible that once we test that low, Investors will suddenly flock the market again and we will see good bounce after that bottom price. Right now, the $6K support is strong and we might see a good $7K run as well. We also should look at the bright side of that low price... good buying points for everyone. 

[harizen]

It could really go to $4500-$5K but its possible that once we test that low, Investors will suddenly flock the market again and we will see good bounce after that bottom price. Right now, the $6K support is strong and we might see a good $7K run as well. We also should look at the bright side of that low price... good buying points for everyone. 

As far as the recent bottom prices are concerned that established after a recent numbers of pumps big or small, we noticed that around $6,000+ is really the level where the price shown us some significant support and a good resistance.

What does this mean? Meaning even at the hard bearish market, we can assume that the attempt (not a direct attempt) to bring down the price to at least around $5,000 have failed several times. With these, some people who wants to make an entry, considered around $6,000 as the bottom therefore we noticed some buying action resulting for a slight rise to what is the current price today.

What's next? We all don't know so better gear up and always be ready for whatever upcoming trend we will faced.