Quote from: BamBog on August 07, 2018, 06:05:10 AM

Quote from: wuvdoll on August 07, 2018, 04:27:35 AM

~snip~
So far, we have seen the behavior of the market as it tends to move downward most of the time, and the fact that we are still in a full bear trend. The possibility of moving below $6000 is not seeming and I would not be surprised if we get to see a new ATH before the end of this year. However, time and trend is all that we have to know how the market would end up fairing as time goes by.

I would say so. i don't think price will be down more below $6,000. Maybe this bear trend was impact about last ETF rejection news, but I don't see this will make the market fall even further in this. Is this a correction? Maybe. Because in last month, i've seen prices hit the lowest point at $6,200, and then it was bounce back only needs 2 weeks to become $8k. So, It could be this is a discount opportunity to buy more Bitcoin at a low price.

Hope that your expectation about bitcoin price will comes true and we will not see the bitcoin price trading below 6000$. Hope that traders will give good support to bitcoin at that level and they will not let the bitcoin price to dump anymore.