Bitcoin is heading back to $6k - page 3.

Caladonian

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Quote from: CTRLX on May 18, 2019, 11:26:12 PM

Quote from: Ipwich on May 17, 2019, 06:03:08 PM

Quote from: CTRLX on May 17, 2019, 05:43:51 PM

Bitcoin performed better than expected last days, very fast, it was a perfect week for those who would assess the rise. Now that Bitcon in a correction, I think it's too early to decide the new direction. I hope it will rise again.

It's a big correction that happens in a short period of time, I think I like that because the price now did not dump anymore.
More actions that we witnessed this year was uptrend, so there is a good chance it will rise again, let's still be patient like what we did in the past.

I agree with you, patience is basic rule for the investment. Indeed Bitcoin is back again rising. I believe that the healthy rise of the Bitcoin price will add to much power the all cryptocurrency.

Yes mate, this temporary downside is now again being overpower by the rising bull, the market is moving forward and almost touching $8k levels, the barrier didn't went below $7k and that's really a good support their, the bull might be much stronger now seeing that it didn't fell too hard but instead it's bringing new momentum, it can move higher than $8k now and move to $10k target.

Yaunfitda

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And just like that, the price is heading to $8k now. Grin

It only goes to show that we are indeed in the bull run zone. Although $6k is still possible when their is a negative news that will affect the mindset of many investors.

But for now, the rally is continuing after a healthy pullback around $7k. So we are still all good at this point and hope that there will be no negative news that will have a negative impact.

CTRLX

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Quote from: Ipwich on May 17, 2019, 06:03:08 PM

Quote from: CTRLX on May 17, 2019, 05:43:51 PM

Bitcoin performed better than expected last days, very fast, it was a perfect week for those who would assess the rise. Now that Bitcon in a correction, I think it's too early to decide the new direction. I hope it will rise again.

It's a big correction that happens in a short period of time, I think I like that because the price now did not dump anymore.
More actions that we witnessed this year was uptrend, so there is a good chance it will rise again, let's still be patient like what we did in the past.

I agree with you, patience is basic rule for the investment. Indeed Bitcoin is back again rising. I believe that the healthy rise of the Bitcoin price will add to much power the all cryptocurrency.

Tungsten-1

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Quote from: dameh2100 on May 18, 2019, 08:14:31 AM

Quote from: joinfree on May 18, 2019, 02:21:37 AM

Right now we are way above $6k. About a some few days ago we touched the heights of $8k and now we have declined again into the regions of $7k. My next prediction is $10k hahaha...Let's watch folks, hold some bitcoins before it's too late guys.

in my opinion, so we get All time high again, we need strong support and by retracement or correction, the market will grow and be healthy enough and it will continue to increase, but it must be increasing gradually to have strength in upcoming bullish trend

Indeed the time has come to demonstrate how decided we are about our interest in bitcoin, I can see the price is getting higher with time yet the time has come to have persistence and get some more coins at this pleasant and reasonable price of nearly 7k $, I have see price of bitcoin above even 20k however it is about our assurance the more we hold the more price gets high and addition more benefit I am anticipating more than 10k till end of 2019.

Blamsud

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Quote from: usorin on May 18, 2019, 01:03:29 PM

Bitcoin almost touched 8 000 usd. This is an interesting price evolution and considering that is steady at 7.500usd i believe the bull run did not start.

It may not start yet but will soon to do, this price increase this week is obviously a shout out to us that bitcoin still can make it to do a bull run, it just need more news and adoption.

bonker

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Quote from: cybersofts on April 23, 2019, 07:46:22 AM

Wow, the bitcoin is very bullish today.
It appears the bitcoin price is heading back to $6k.
The bitcoin market cap added about $6 billion in 2 days as i speak.
The entire cryptocurrency market adds about $12 billion within the last 48 hours.

   * BTC Dominance = 53.02% - Up(0.4%)
   * Total Market Cap = $187.02B - Up (3.9%)
   * Total Volume = $ 57.43B - Up (16.4%)

What do you think about market behavior today? Do you think the bitcoin is going to back $6k or not? thanks

right now it can do more than that because I think the Bull Run makes everything more powerful especially Bitcoin is waiting for your Bull run to be started and now it is getting better value than the previous time I think this time that although it is more valuable than the previous years.

usorin

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Bitcoin almost touched 8 000 usd. This is an interesting price evolution and considering that is steady at 7.500usd i believe the bull run did not start.

pinoycash

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Quote from: bitzizzix on May 18, 2019, 10:02:53 AM

The decline in bitcoin to reach $ 6,000 was only a correction and only a matter of hours returned well to $ 7,000 and actually it was an opportunity to buy it when bitcoin dropped.
I believe that bitcoin will continue to rise slowly but surely and must think smart about the movement of bitcoin so far.

Some news blog already posted the reason why BTC suddenly fell to $6,200 but immediately returned or bounce back to $7,000++ price level and it was a big relief to majority of holders but bad news for those traders that been affected due to 1 trade mistake.

Overall this not a correction just a small bump in the road and BTC can continue to rally back to 8K USD and eventually to 10K level before the month ends.

bitzizzix

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The decline in bitcoin to reach $ 6,000 was only a correction and only a matter of hours returned well to $ 7,000 and actually it was an opportunity to buy it when bitcoin dropped.
I believe that bitcoin will continue to rise slowly but surely and must think smart about the movement of bitcoin so far.

ufaiz50

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Although now many say bullish and indeed the market is always increasing, but be careful of corrections and don't panic when there are corrections especially buying because of FOMO, yesterday when prices went up and corrections occurred I saw many sell transactions in the market especially large markets, I hope that not because of panic, again don't panic too easily due to correction. Managing investment management is very important and finding out information is very necessary in order to better understand the market.

FlightyPouch

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Quote from: dameh2100 on May 18, 2019, 08:14:31 AM

Quote from: joinfree on May 18, 2019, 02:21:37 AM

Right now we are way above $6k. About a some few days ago we touched the heights of $8k and now we have declined again into the regions of $7k. My next prediction is $10k hahaha...Let's watch folks, hold some bitcoins before it's too late guys.

in my opinion, so we get All time high again, we need strong support and by retracement or correction, the market will grow and be healthy enough and it will continue to increase, but it must be increasing gradually to have strength in upcoming bullish trend

Well, correction is really inevitable when it comes to these sudden price increases. I don't think we should be surprised by the sudden price decrease as it will be the start of another pump. When the price pumps, people should take the opportunity to invest again since we all know that when the price dumps, the next movement will be a pump.

elisabetheva

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Quote from: Janation on May 18, 2019, 05:54:37 AM

Quote from: Aqcizromencez on May 17, 2019, 09:45:40 PM

a few days ago bitcoin broke through $ 8000 I was a little surprised by the rapid rise, maybe this year is an upward trend after a long sleep in 2018, and every bitcoin going up will be followed by a decline so we must be smart to take advantage of the opportunities that exist.

Bitcoin is a volatile cryptocurrency, we should really take advantage of the opportunities we have.

I am also surprised by the sudden price pump. Don't expect that this early this year, I thought I will be seeing that in the closer end of the year, but I think it will be increasing in the last months of the year the same as the past years. I will trust the movement of the price now and that will be based on these past movements.

This is the time for us to see the phenomenon of the increase in bitcoin, now it is true that it is indeed believed because of the positive movement. I may not agree that bitcoin will not move up further, but I believe and strongly believe that if bitcoin penetrates $ 9K, we can be sure there will be an increase this year. this positive increase will continue to be possible until the end of this year.

yusupjatigumilar

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Now bitcoin has reached $ 8000 dollars and is likely to experience a correction to then arrive at $ 12000, and after that we see what will happen next, whether it will be a bull run or vice versa, there will be many factors that affect it including news of the price predictions , the news will be a suggestion to traders to buy more bitcoin before the price of the prediction is touched, so the high buy volume will automatically make the price higher too.

dameh2100

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Quote from: joinfree on May 18, 2019, 02:21:37 AM

Right now we are way above $6k. About a some few days ago we touched the heights of $8k and now we have declined again into the regions of $7k. My next prediction is $10k hahaha...Let's watch folks, hold some bitcoins before it's too late guys.

in my opinion, so we get All time high again, we need strong support and by retracement or correction, the market will grow and be healthy enough and it will continue to increase, but it must be increasing gradually to have strength in upcoming bullish trend

TheCoinGrabber

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Quote from: bhabygrim on May 17, 2019, 10:04:24 AM

Quote from: TheCoinGrabber on May 17, 2019, 09:50:26 AM

Welp, crashed back to $7k. Guess it's inevitable to have bumps on the way up. Still trying to be realistic, maybe we can reach back to ath 2nd quarter of 2020 if it don't happen December like in 2017. Whether we can exceed that depends on whether it would be dumped hard at $20k.

Funny cause this thread was created due to the price increase back when it was just below $6K,
And that the price have reach $8K and dropping low I would see this thread,
I hope the title of this thread wouldn't happen and it would just stay at $7K and go up again.

Well I guess we'll just buy when it drops back to 6k again haha. This thread at least showed that it can get better. I mean, we've been through 4k and everyone thought that was the end of it.

Janation

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Quote from: Aqcizromencez on May 17, 2019, 09:45:40 PM

a few days ago bitcoin broke through $ 8000 I was a little surprised by the rapid rise, maybe this year is an upward trend after a long sleep in 2018, and every bitcoin going up will be followed by a decline so we must be smart to take advantage of the opportunities that exist.

Bitcoin is a volatile cryptocurrency, we should really take advantage of the opportunities we have.

I am also surprised by the sudden price pump. Don't expect that this early this year, I thought I will be seeing that in the closer end of the year, but I think it will be increasing in the last months of the year the same as the past years. I will trust the movement of the price now and that will be based on these past movements.

joinfree

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Right now we are way above $6k. About a some few days ago we touched the heights of $8k and now we have declined again into the regions of $7k. My next prediction is $10k hahaha...Let's watch folks, hold some bitcoins before it's too late guys.

bitcon

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Quote from: freedomgo on May 15, 2019, 06:21:21 AM

Quote from: waynechong1995 on May 15, 2019, 05:59:17 AM

Seems some big buys triggered the trend and eversince it doesn't stop anymore with buyers pushing resistances levels, imagine how much shorts are liquidate by these abnormal uptrend. Nevertheless great news for fresh buyer to catch up the ride, still from previous lessons, I would rather take profits rather to sell the top, there isn't any good justification or triggers for such high, if you are talking value undervaluation it's simply too subjective for me, anyway becareful

This is not abnormal because we are in the bull market now, the way it move last bull run, it's happening now, so they should know what to do.
Those who are still doubtful of the market movement and believe a big dump will happen, might be disappointed waiting its dump as it seems the rise will continue.

No, we are not. The market prices waves are too vigorous now, and it is not even clear if bulls or bears rule the situation. However, if Bitcoin falls again to reach 6 thousand, many new investors will lose.

lepbagong

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Quote from: CTRLX on May 17, 2019, 05:43:51 PM

Bitcoin performed better than expected last days, very fast, it was a perfect week for those who would assess the rise. Now that Bitcon in a correction, I think it's too early to decide the new direction. I hope it will rise again.

Many were surprised by the rapid movement of bitcoin. just like you, I also believe that bitcoin is in a period of correction and leads to a direction of revival that has been long awaited. bitcoin will definitely continue to move up because this is the most appropriate moment of bitcoin itself.

Aqcizromencez

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a few days ago bitcoin broke through $ 8000 I was a little surprised by the rapid rise, maybe this year is an upward trend after a long sleep in 2018, and every bitcoin going up will be followed by a decline so we must be smart to take advantage of the opportunities that exist.

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