Do you think the bitcoin will reduce to what value?

[JohnBitCo]

Yes, bitcoin reduces time to time but it doesn't mean it go really deep because it always it managed to comeback. We had seen that drastic price of $5,000.00 and that's the below price it could get but still managed to pushed come back up to $6,000.00 in next few days. So, basically that's volatility at its work and no need to panic at all. Let's just keep supporting and hold for greater goods as early adopters.

The support levels here are important to look at. The currency big support level is at 6000$ at is difficult to break unless or until we see a very big negative news in the market. Other than that 6000$ is the bottom and bitcoin will go higher from this price. The only question is when it will move up ?

[1715125177]

1715125177

[1715125177]

1715125177

[tytanhamon04]

As they say demand creates supply ! Bitcoins every day becomes less and eventually they can only be bought ! I believe in technology and progress in the global economy and think that bitcoin will play a role !  The price will rise most importantly patience !

[South Park]

Yes, bitcoin reduces time to time but it doesn't mean it go really deep because it always it managed to comeback. We had seen that drastic price of $5,000.00 and that's the below price it could get but still managed to pushed come back up to $6,000.00 in next few days. So, basically that's volatility at its work and no need to panic at all. Let's just keep supporting and hold for greater goods as early adopters.

The support levels here are important to look at. The currency big support level is at 6000$ at is difficult to break unless or until we see a very big negative news in the market. Other than that 6000$ is the bottom and bitcoin will go higher from this price. The only question is when it will move up ?

That support level has been broken and there is not telling where the price of bitcoin is going to land, for months it was impossible to break that price and now out of nowhere and to be honest I do not know the reason the price has gone down significantly during the last 24 hours, it is not as low as it was a few hours ago but it'll probably take a few days or weeks for the price recover.

[minersday]

As they say demand creates supply ! Bitcoins every day becomes less and eventually they can only be bought ! I believe in technology and progress in the global economy and think that bitcoin will play a role !  The price will rise most importantly patience !

Yes, but when?

A lot of people are getting tired and that is the main reason of why the price has been going down by a lot during the last few months, but i am not tired of it yet.

Bitcoin still has a lot of progress ahead, and that is more than good for us.