Quote from: EfganMiu on July 09, 2018, 03:18:15 PM

I think btc will not slip 6k. although it was at 5k8 earlier. Because, this is the threshold "support" and psychology of investors. btc values continue to go down, all altcoin will bring about a psychological crisis and real belief. I think that this time will be the premise for bitcoin to flourish and flourish in Q4 this year.

It is still too early to think as the possibility of slipping through anything at this stage is easy in a bear trend. So far, breaking out from a wedge downward can mean a huge selling spree and with that, breaking of $6500 will be easier than even breaking $6850 resistance.

We just have to wait to see what the market is going to be bringing in coming days but I would not say anything much should be expected for now. Q4 is actually expected and close to the end to see some serious upward move at all. Because, there could be no big reasons for this down to persist year long except those profit booking slide and the panic followed to that.