Quote from: salterious on May 30, 2018, 06:37:11 PM

Quote from: BitcoinNewbie15 on May 30, 2018, 03:40:44 PM

Quote from: Febo on May 29, 2018, 11:08:46 PM

Quote from: aoluain on May 28, 2018, 09:00:00 PM

2016 bitcoin never dropped below $300
2017 bitcoin never dropped below $900
2018 bitcoin hasnt dropped below $6000
2019 Bitcoin hasnt dropped below $12000

2018 and 2019 can be both under $6000. 2020 cant anymore. But I agree, ATH is really so momentum event that no one really catch it.

I agree with this sentiment, and I actually think this is the likely outcome. Surely BTC will drop below $6k. It has tested that range twice, and I am certain it will happen again. Early 2020 is when the block halving happens, so it is very possible we will see a new ATH at the end of 2020.

Why does it surely have to drop below 6k? If anything I would be bullish when it nears 6k as that to me seems like a great support line. Combine that with the fact the hashrate has been ever increasing since December and you have a lot of bullish signs. I am not convinced of this drop that will happen to 1k and will only believe it when I see it due to the heavy support present at 6k.

Nothing is ever sure. But there is quite high possibility that Bitcoin goes unred $6000 this or next year. Not sure what you meant with 1k. There is really tiny chance we would see bitcoin at $1000 ever again.