Post
Topic
Board Speculation
Re: When will the price of Bitcoin break below the $6,000 support level?
by
maulana rifai
on 27/09/2018, 01:30:06 UTC
If you look at the chart of the Bitcoin price, it has formed a clear descending triangle with support at about $6000. Resistance is keeping the peak of each bullish run lower than the previous one for the past few months.  If I can find a good chart to post, I'll add it in later.

I believe that this is a bearish signal that the price could likely break below $6000 soon. 

Do you agree and if so, when do you think it will drop below that key support level?
maybe it will happen in early 2019, studying price movements in the table every year prices tend to stabilize nearing the end of the year, and start falling in March, April, as happened this year. now I also retain the coins that I have.