Price movement is between 7000 and 8000 dollars and we are not seeing any massive correction to the price.
If it keeps in this range we have a higher probability to the 8000 and up scenario.
I am waiting for the price to go down though as I need to buy more bitcoins and this is not an ideal time to do so.
Topic: Are We Going Back to $7,000? - page 5. (Read 10384 times)
The current market move to upward and downward so we will not say it will reach 7k USD in upcoming days. The current status is little jump anytime so I expect it will reach 8k to 9k USD in this month. Still many peoples are believe the Bitcoin potential so surely it will never go back the last month status.
Market now is going up and down easy to say it is unpredictable right now, but I hope $7000 will not touch down to that price.
We need to think to our mind on how to become the bitcoim to stable to the $8000 we are far from the price last 2018 so we can also go far again to rise bitcoin to $8000. What I've noticed once bitcoin reached more than $8000 they decreased fast under $8000 again.
We need to think to our mind on how to become the bitcoim to stable to the $8000 we are far from the price last 2018 so we can also go far again to rise bitcoin to $8000. What I've noticed once bitcoin reached more than $8000 they decreased fast under $8000 again.
Crazy market is up and down, it's having a hard fight but i think it will go over $8000 this week, maybe it go over $9000 this week, as we have seen in the past weeks, this bump looks like will have a nice top. So, just keep holding.
7200 is downside target from the 8000 level I think due to old volume at those prices. Main thing I watch short term is on the 4hr bars the 8 day average. When it crosses below that its challenged and can easily reset or loop back to previous support which would be around the 7200 area initially
So its staying above right now but its a reasonable point of failure I think
So its staying above right now but its a reasonable point of failure I think
After a strong showing of energy getting back into the $8,000 range, bitcoin right now is getting its pack backward and is standing at $7,745.49 based on the CoinMarketCap figures. The market is now on red as almost all altcoins got no choice but to follow the lead of bitcoin. Of course, we are all hoping that this is just a temporary little dip and that tomorrow the bullish stand will be the prominent trait in the market.
Do you think this little dip can be the best opportunity to add more bitcoin into one's portfolio? Or should we wait some more time as there is that possibility that bitcoin can get back or retrace into the $7,000 level? What is your guess?
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