Quote from: olumyd on February 16, 2020, 07:08:02 PM

Quote from: sana54210 on February 11, 2020, 06:31:19 PM

$6500 would be a massive dump. By no chance I think bitcoins would go such down to below $7000. The maximum dump I can expect is $8500 and then again bitcoins would start rising. There would be a dump before we could test another resistance. Testing the resistance is not getting much difficult for bitcoins as already we saw bitcoins crossing 10k.

The current charts might be showing a initial dump but it might not be permanent. The price would start growing once bitcoins experience a dump and maybe the graph would continue going in the ascending direction until ATH peak is reached. There are huge expectations from bitcoins this year and let's not ruin them all.

May not be an immediate dump. We're talking 6-7 months from now. And it appears the chart may begin to look something in that direction already. Best case, the dump may stretch out till the end of the year.

relax, if this year the price of bitcoin really touched the price of $ 6000, then this might be the end of bitcoin. at the moment, it can be said is the year for bitcoin. Halving usually makes a good effect on prices, but when bitcoin prices decline when halving, I think this is really bad. but the possibility is small, I quite believe that the price of bitcoin is very high at high.