xtinepink Posted July 10, 2018 #1 Posted July 10, 2018 Crypto experienced another downfall as btc went to $6400, in 24 hours the crypto market has dropped by $20 billion. I just felt that btc will experience to a 5k drop again. This will also be like a domino effect with other coins and tokens. Anyone have thoughts about this? Especially for those who do trading activities? Seems like it’s been down and things aren’t going up lately. What are your thoughts? Will it go 5k anytime soon?
cryptoguru Posted July 10, 2018 #2 Posted July 10, 2018 Perhaps, but it will be absolutely short dump as hardly sharks will allow to make purchase on bottoms by many person interested.
wilbur Posted July 11, 2018 #3 Posted July 11, 2018 It might go down til 5kUSD, it went up at a short span of time So it can happen too, vice versa
xtinepink Posted July 11, 2018 Author #4 Posted July 11, 2018 2 hours ago, ICOrealityshow said: There is a chance that it may go, but you can’t really guarantee these things. I mean right now, there are MANY news and developments that says otherwise. Like the Aftermath of the Crackdown by Chinese authorities https://www.asiacryptotoday.com/aftermath-of-the-crackdown-chinese-currency-bitcoin-trading-falls-below-1-of-global-totals/, as such stuff has really impacted the whole Crypto industry, so a lot of things require to be put right to have a chance of getting things on track. Thanks for sharing. I guess it’s just need to hodl some of the coins then
Kate Posted July 11, 2018 #6 Posted July 11, 2018 If it drops to 6200 from 6800 then for sure it will drop to 5k no doubt
dodem Posted July 11, 2018 #7 Posted July 11, 2018 bitcoin support level well defined at $6000 https://www.coingecko.com/en/coins/bitcoin a $5000 down market is quite bad, and it takes more bad news that it is already bad now
Featured Comment
Archived
This topic is now archived and is closed to further replies.