Post
Topic
Board Speculation (Altcoins)
Re: Will Bitcoin go below 6K?
by
hekimogluburaketem
on 27/06/2018, 21:39:44 UTC
I believe that most smart money are purchasing BTC over the counter which does not affect the market trade. They could be buying in chunks and with a discount like buying goods at a wholesale price level. $6k is the major support for BTC currently as it was the approximate price to mine a single coin. This day could be the last shakeout in the market as good news are being headlined now including Gox releasing a statement that they will stop selling their holdings.