Quote from: coinsocieties on July 29, 2018, 10:06:00 AM

Quote from: finblockchain1 on April 07, 2018, 06:38:09 AM

Technical data hints that it can go down to 6000 or 5500 level.
What do you think?

I think bitcoin wont fall to 5500$ anymore because at around 6000$ there is a good support and resistance that bitcoin goes stable there so i think the good price to buy more is around 6000$ to 7000$.

Yes, I agree with you. Bitcoin price increases every year and bottom price will not be the same again. So, it is more preferable to buy bitcoin at 6KUSD to 7KUSD level. Surely after a bullmarket happens, there's a price correction and definitely would go down at around 6K$ or 7K$. At that certain price level I think that is the right time to buy more btc.