Post
Topic
Board Speculation (Altcoins)
Re: Will Bitcoin go below 6K?
by
Appuned
on 16/08/2018, 23:50:19 UTC
Sure, bitcoin may go below 6000, since the mood in crypto society is not the best now, many investors are pessimistic because the SEC is in no hurry to launch ETF.


This's true and $ 5.000 is the lowest value for bitcoin if the decline occurs prolonged. But we don't need to be pessimistic, because by itself the price of bitcoin's sure to continue to increase even for a moment and slowly.

I think so. The mining cost of average miners is around $6000 now. The price might not drop too much.