Topic: $5,800: Bitcoin Price Hits New Record High (Read 417 times)
The price today ranges from $5600-$5800. Not that big of a difference but it seems to be balanced to me. We might reach $6000 in no time! Finally, some of my hodling is paying off.
https://www.coindesk.com/5856-bitcoin-price-hits-new-record-high/
But it's backed off a bit to $5,582.
But it's backed off a bit to $5,582.
It's just a simple price fluctuation and now it was up at $5,600. We are still not into correction and if that happens for sure there will be a big slash to it's current price. Just like what we have seen when the price was trying to get into $5,000 but it was went back at $3,000. Let's give a week to bitcoin and if it is able to break to $6,000 then for sure there's a big chance that there are still a lot of people that are buying bitcoin.
https://www.coindesk.com/5856-bitcoin-price-hits-new-record-high/
But it's backed off a bit to $5,582.
But it's backed off a bit to $5,582.
If it had crossed $5000 And $6000 In a single day, it truly would have been crazy. Hope this brings back some sanity into the market. I was actually happier when we were slowly grinding our way up.
But it's backed off a bit to $5,582.
it is called a correction. and it is a necessary part of any rise. so far bitcoin rise has always had a dozen corrections in each rally. price goes up 10% then there is a 1-2% correction, then it goes up more, then correction for example.
this here is a ~4% correction.
It's not a correction in a whole phase yet but just a small swing.
A correction commonly refers to where the price will landed after a price decrease. If it's all about $5,800 to $5,500 then it can't be considered as correction yet because it's still under the hype and trend. Let's wait for further progress especially after the fork.
We are very close to the forecast that many of us have said in this forum. This new high is most desired even as bitcoin is getting a lot of attack from prominents personality. $5850 has become a new high and a break of that level is going to push bitcoin above $6000.
It would get backed off the price is still unstable and the reason is clear. The only problem for price increase it is more vulnerable to crash. It won't happen because many stupid people want free money but as soon as hard fork is over i can guarantee you bitcoin will crash. I love bitcoin reaching new height but not because of people's greed
To what price it will fail? If you do to the fork bitcoin price will be 7-8K $ then collapses to 5-6K dollars it's not called "crash". This is called the growth rates. People very quickly get used to good and therefore the correction is perceived as falling prices. Be realistic and don't get greedy. I have a feeling that we are going to see $6000 very soon and once the Bitcoin Gold fork has happened, it is going to cool
down for a while. So if you going to buy, you should do so before the fork. It is not every day, that you would be getting free
coins, just for owning some bitcoins.
{ I still have some Bitcoin Cash and intent on keeping them, until the price hits the
ceiling }
Yes, I think so. The people are in it to get the free coin. In the meantime, profits! down for a while. So if you going to buy, you should do so before the fork. It is not every day, that you would be getting free
coins, just for owning some bitcoins.
{ I still have some Bitcoin Cash and intent on keeping them, until the price hits the ceiling }
Cheers to the increase of price of bitcoin! I think this increase is only the start of the big spike up in price that could happen after the fork. If the demand of bitcoin even increases more after the fork we could see the price increasing further and hopefully break the $7000 mark or even $10000.
$ 7000 - $ 10,000? it may happen, but we must remember that bitcoin prices fluctuate. what I am worried about is that there will be a significant decrease in the price of bitcoin after the second fork. Because I think the current bitcoin price rise is very surprising (this is just my opinion) I hope the bitcoin price keeps increasing until it reaches the value you are predicting.
It would get backed off the price is still unstable and the reason is clear. The only problem for price increase it is more vulnerable to crash. It won't happen because many stupid people want free money but as soon as hard fork is over i can guarantee you bitcoin will crash. I love bitcoin reaching new height but not because of people's greed
I agree, it's better when it's slow. But i also believe after breaking record 5000$, more people had recognised bitcoin but didn't get in because of bear trend and china FUD.Now we're seeing these people coming in to hype train
Am I the only one who still waits for the bear trend? 
It would get backed off the price is still unstable and the reason is clear. The only problem for price increase it is more vulnerable to crash. It won't happen because many stupid people want free money but as soon as hard fork is over i can guarantee you bitcoin will crash. I love bitcoin reaching new height but not because of people's greed
Each time BTC is reaching new ATH, I'm going to regret even more selling my 0.04 BTC at around $4800.
Thankfully still got a bit.
Thankfully still got a bit.
This is good news for our bitcoins holders. Due to the rise of bitcoins. And of course we will be here. But what is the reason for the bitcoins price increase? Because it's free Altcoins BTG (Bitcoin Gold) that we are free to receive in short, free money. So this is our take advantage.
I have a feeling that we are going to see $6000 very soon and once the Bitcoin Gold fork has happened, it is going to cool
down for a while. So if you going to buy, you should do so before the fork. It is not every day, that you would be getting free
coins, just for owning some bitcoins. { I still have some Bitcoin Cash and intent on keeping them, until the price hits the
ceiling }
down for a while. So if you going to buy, you should do so before the fork. It is not every day, that you would be getting free
coins, just for owning some bitcoins.
{ I still have some Bitcoin Cash and intent on keeping them, until the price hits the ceiling }
Cheers to the increase of price of bitcoin! I think this increase is only the start of the big spike up in price that could happen after the fork. If the demand of bitcoin even increases more after the fork we could see the price increasing further and hopefully break the $7000 mark or even $10000.
But it's backed off a bit to $5,582.
it is called a correction. and it is a necessary part of any rise. so far bitcoin rise has always had a dozen corrections in each rally. price goes up 10% then there is a 1-2% correction, then it goes up more, then correction for example.
this here is a ~4% correction.
https://www.coindesk.com/5856-bitcoin-price-hits-new-record-high/
But it's backed off a bit to $5,582.
But it's backed off a bit to $5,582.
Jump to: