Market Crash Update: Is Bitcoin going to fall below $6000?

in #bitcoin6 years ago

On February 7th, 2018, Bitcoin was at its lowest point at $6119, the fluctuation just cracked this year’s lowest point leaving Bitcoin at the margin of $5974.

In the past 12 hours, Bitcoin has dropped over $590, Bitcoin has been falling rapidly in the past few hours, it is currently experiencing the pressure of the bearish market more than it ever did this year.

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On June 10th another Flash Crash occurred just 2 weeks ago in the bearish market. Bitcoin dropped to $7300 from $7700 under 2 hours. While almost all cryptocurrencies faced the same game troll, as they dropped by -6%

Bitcoin (BTC) at the press time is traded at the price of $6070, with a market cap of $103 billion. The coin has seen a fall of 0.66% in the past one hour, daily cap runs red with 7.87%. Bitcoin has lost over $10 billion in the past one day, resulting in a loss of over $30 billion in the international market.

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Ankit:
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I think bitcoin will go below $6000 and will test $5500 level. Japan has declared that it is going to stop new crypto registrations temporarily. This has impacted bitcoin price. Lets hope it wont go below $5500.

I think it won't go below $5500

Fingers crossed!!!

I think market going down in next some days ,5500 $ I think

Yea maybe. Its crypto Market. Can't predict anything.

btc is manipulating by whales only

Absolutely correct.

We really can't predict that where the price is heading next. But i know only one thing that each & every dip i am gonna buy more. What's your plan bro.

Even am buying, just deposited some amount in Zebpay then will buy some litecoin and transfer it to Binance.

BTC already hits $5895. Next support level is $5770. Let's hope it won't break this Support Level.

Fingers Crossed, I hope it won't break