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Topic: bitcoin has reached 8000$, then what? - page 5. (Read 11592 times)

legendary
Activity: 2982
Merit: 1028
I was surprised by a price crash. Actually I was expecting the prices to move up, after the favorable decision obtained by Bitfinex from the New York Supreme Court. Anyway, I guess that the profit booking phase was long due. Those who purchased the coins at 3K and 4K are selling their coins and booking the profits. Now we can expect the prices to remain at 6.5K - 7K levels for the rest of the month, before moving up probably by the first week of next month (June).
That's really a surprising fall as most of expectations are for uptrend to continue, but you most be right for holders who bought from the bottom it's a good timing to sell and then buy it back whenever the value again went to a good fall do the cycle and take the advantage.
legendary
Activity: 3220
Merit: 1344
Leading Crypto Sports Betting & Casino Platform
I was surprised by a price crash. Actually I was expecting the prices to move up, after the favorable decision obtained by Bitfinex from the New York Supreme Court. Anyway, I guess that the profit booking phase was long due. Those who purchased the coins at 3K and 4K are selling their coins and booking the profits. Now we can expect the prices to remain at 6.5K - 7K levels for the rest of the month, before moving up probably by the first week of next month (June).
member
Activity: 448
Merit: 10
It is the best year so far for bitcoin in after it decreases its price in 2018. Bitcoin now have reached $8000 and i think it can surely reach about $10,000 within a month since it rises in a quick pace now in the market.
legendary
Activity: 2366
Merit: 2054
Would such an event of Wechat banning Cryptos affect Bitcoin..??
https://cointelegraph.com/news/paying-the-price-wechat-merchants-banned-from-crypto-payments
They make a little FUD for everyone, we have to be calm down and passing those news away. I don't thing so they late to buy past and make this one for dumping price on market, but still not affective to bitcoin when people still believed.
full member
Activity: 952
Merit: 104
I get positive for this is end of bear market and finally 8,000$ price of bitcoin is strong enough to get reach the next bull run.

Considering the changes in the market price of Bitcoin for the pass two days now, Bitcoin's market value will be hitting $9k very soon and it will remain between $8900 and $9000 for a long time before making another increase. But for that increase, I'm not too sure it will happen any time soon.
With a continuous growth in the crypto market,i think there are more chances that its price will keep rising even more and might reach above $10k in the long run.Hopefully we can see some potential altcoins too start to increase so we can also make good profits by holding our altcoins in the long term.

Yeah that is very possible because bitcoin price moves last few days at 8,000& to 8,400 to be exact if I am not wrong.
hero member
Activity: 3052
Merit: 606
Considering the changes in the market price of Bitcoin for the pass two days now, Bitcoin's market value will be hitting $9k very soon and it will remain between $8900 and $9000 for a long time before making another increase. But for that increase, I'm not too sure it will happen any time soon.
With a continuous growth in the crypto market,i think there are more chances that its price will keep rising even more and might reach above $10k in the long run.Hopefully we can see some potential altcoins too start to increase so we can also make good profits by holding our altcoins in the long term.
legendary
Activity: 1834
Merit: 1036
now the bitcoin has reached 8000$ and the altcoin is starting to move up. can this survive or there will be another fall. can this be said that the bear market is over?

I was surprised that the market did not crash when the news broke out about Binance was hacked and a few thousand dollars was lost because of that because usually, the market reacts when something like this happens. Back then, price of Bitcoin will drop 10% - 20% or even more.  Maybe the community now is thinking the other way, its not their coin that was lost so why panic and sell.
full member
Activity: 342
Merit: 110
Considering the changes in the market price of Bitcoin for the pass two days now, Bitcoin's market value will be hitting $9k very soon and it will remain between $8900 and $9000 for a long time before making another increase. But for that increase, I'm not too sure it will happen any time soon.
full member
Activity: 546
Merit: 100
There will be bitcoin halving expected in may next year, that's why people are buying it because they know the price will multiplies.
And many crypto experts said bitcoin will no more below 6k
full member
Activity: 868
Merit: 100
Proof-of-Stake Blockchain Network
For me theres a chance for bitcoin will pump up again for this year hopefully it will increase because people expecting that all altcoins will grow up again so there are few people willing to invest and hold.
newbie
Activity: 12
Merit: 0
It could maintain an upward movement, shouldn't make any huge dive downwards anytime soon  Huh
sr. member
Activity: 1974
Merit: 453
I am more worried about the declining Bitcoin dominance. So far this week, it has gone down from 60% to 56%. I am afraid that it may be a repetition of 2017, when many of the worthless altcoins went up by 100x and 200x. These alts are like parasites, leaching off volumes and users from Bitcoin. Anyway.. too early to say that this has become a trend.
full member
Activity: 1064
Merit: 101
HELENA
Would such an event of Wechat banning Cryptos affect Bitcoin..??

https://cointelegraph.com/news/paying-the-price-wechat-merchants-banned-from-crypto-payments
no, I don't think it will affect crypto.

i feel excited but at the same time i feel conscious about whats going to happen next to the cryptomarket
but if you notice when its bear market when BTC price moves upward altcoins tends to dump
but now most altcoins seems to go with the flow,is it a sign that it is bull market ?

yes maybe you are right, this is very different from yesterday's downtrend. not only one or two coins have increased, almost all altcoins in the market are green.
now the bitcoin has reached 8000$ and the altcoin is starting to move up. can this survive or there will be another fall. can this be said that the bear market is over?
~~~snip~~
My opinion is that Bitcoin will make the last spurt up to $ 9,500 - $ 10,000, and then there will be a big correction up to $ 6,000. Who has the desire to take profits, it is better to do it now and not be greedy, because the fall will be as rapid as the growth)))

a price correction up to 6K? I think this is too much. now the bitcoin is stagnant at the price of 7900-8000 and if there is a correction it will not be lower than 7000.
I don't think it's excessive, 6000$ is the normal limit, especially bitcoin goes up too fast. based on my experience, if there is an unnatural increase like this. then there will be a big correction.
full member
Activity: 612
Merit: 102
i feel excited but at the same time i feel conscious about whats going to happen next to the cryptomarket
but if you notice when its bear market when BTC price moves upward altcoins tends to dump
but now most altcoins seems to go with the flow,is it a sign that it is bull market ?
jr. member
Activity: 164
Merit: 2
This was all planned, and I don't see this stopping here at all. I see the number 10k breaking pass very very soon!
member
Activity: 882
Merit: 11
Volare.network
now the bitcoin has reached 8000$ and the altcoin is starting to move up. can this survive or there will be another fall. can this be said that the bear market is over?

My opinion is that Bitcoin will make the last spurt up to $ 9,500 - $ 10,000, and then there will be a big correction up to $ 6,000. Who has the desire to take profits, it is better to do it now and not be greedy, because the fall will be as rapid as the growth)))

a price correction up to 6K? I think this is too much. now the bitcoin is stagnant at the price of 7900-8000 and if there is a correction it will not be lower than 7000.
hero member
Activity: 2478
Merit: 644
Eloncoin.org - Mars, here we come!
for a while the price of the bitcoin is rising up again from a lower price it comes again with 8000$ don't panic sell your bitcoin keep calm and take the chance the bitcoin will rise again

Exactly, we should wait for a month, it is not a time to sell our bitcoin, and also it is not a panic situation. Actually we all feel excited to see the bitcoin price after a long time, so we should more wait and see what is the last price of bitcoin in this year.
sr. member
Activity: 952
Merit: 323
now the bitcoin has reached 8000$ and the altcoin is starting to move up. can this survive or there will be another fall. can this be said that the bear market is over?

Yes of course. For people who buy bitcoin at $3.000 it is good time to get 100% profit. Those bitcoin holder maybe use the profit that they got to invest in ICO or altcoin. It is normal, but I think bitcoin price will still go up until $9.000-$10.000 aproximately then it price will fall again to $7.000 then the price will rise again. That is just my oppinion but likely it will happen. For now earn more bitcoin and eth is the best strategy.
full member
Activity: 280
Merit: 102
We will expect another dip because in bitcoin history, after a huge movement there is a retracement around 30-40%, we need that retracement to have healthier market but lets see hows the market maker plays it.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
If you ask about then what? Then I think all we want is to see bitcoin reach higher price more than $10000 or even reach more than that price. But the truth is we don't know when it will happen because of the moves of bitcoin still unpredicted, so we need always to check the trend and the order history, so we know what we need to do later.
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