Ninjastic
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Board Speculation
Re: Bitcoin Drops Below $6,500
by
marsmyname
on 09/07/2018, 06:51:14 UTC
Quote from: henmark on July 02, 2018, 05:58:12 AM
Quote from: BigBos on June 26, 2018, 09:26:49 AM
Quote from: puremage111 on June 26, 2018, 06:07:02 AM
It rebound back to $6,200 after it drop to around $5,800 so i assume we have a great support around this level
But market is still testing tho on what could possibly happen

By looking at the fundamental like news and regulations, aside from big tech companies skeptical comments, everything else is kinda fine
honestly, this is a price reduction that really makes many people panic. Well, for now, I think the price is back to stable. however, the price is still really below the $ 6500 price tag. I hope that the bitcoin price increase will happen soon in July.
Small corrections will be there in the price because nobody wants fixed price for bitcoin otherwise it will lose its value around the globe. It is good for new investors because they have the chance to buy some bitcoin on low price and make money in the future. $6000 is very reasonable price for new investors if they can hold their coins for some time.
Yeah, I agree and will like to add my opinion here as we know that the current price has increased after downfalls so we must think that it is the result of increase in demand rate. The price has increased from 5.8k dollar to 6.5k dollar which is the good increase in these difficult situations. We are expecting better from the Bitcoin and soon as its demand rate is increasing the price will be surprising us as well.