Quote from: maydna on July 16, 2018, 09:05:27 AM

Quote from: ibrahimovic89 on July 14, 2018, 08:37:10 AM

Quote from: mika11 on June 15, 2018, 05:28:25 PM

The market is currently in a deep downtrend, in my opinion, btc may be down to 5k5 then turn up strong! What do you think?

I do not agree with your opinion. although bitcoin is falling deeper. but it can not down to $ 5500. I think it's only $ 6000 then it will rise to over $ 7000

everything can be possible in the cryptocurrency especially what will happen in the market. we still don't know what will happen later but to go down below than $5000, I think it will be difficult since if the price is really down in that price, the miner will take action and perhaps they will dump the bitcoin to the lowest price. I cannot imagine what will happen if the price is down for more than $5000 and I think many people will make instant selling the bitcoin because they don't want to get a huge loss.

lot of people may ever have to panic if the price drops drastically and this is the best time for some of the big investors to have take a lot of bitcoin and when the times comes the chances of its price may hike a lot of people also may ever have to regret why they let panic take their emotion.