Bitcoin is heading back to $6k - page 4.

Ipwich

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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.

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.

CTRLX

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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.

Duzter

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Quote from: Vishnu.Reang on May 17, 2019, 10:29:24 AM

Quote from: BennyK on May 15, 2019, 08:00:14 PM

Bitcoin has indeed surpassed the anticipated mark price predicted by OP and now at $8.3K. This has thrilled many investors and the progressive movement is more likely to trigger the bull run. From the pace with which Bitcoin is moving, it is more likely to hit $15K by the end of the Q3 of this year.

Don't get too excited about the prices. The correction has started and BTC has lost almost 15% of its value. It's trading in the $7,000 - 7,300 range now. And we still need to deal with a lot of negative news, such as the closing down of Cryptopia and the issues with Tether / Bitfinex. If either one of them blows out of proportion, then we are done. Angry

When market has taken its move forward it'll move without any dependence. What we have come up is just a panic wave, we too should not make this an big thing. Before the market pumping the Bitfinex tether issue as well as the Binance hack took place. Even after that bitcoin grew big crossing $8250, and what we experience at this moment seems to be a long term correction for a steady growth in the falling days.

Vishnu.Reang

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Quote from: BennyK on May 15, 2019, 08:00:14 PM

Bitcoin has indeed surpassed the anticipated mark price predicted by OP and now at $8.3K. This has thrilled many investors and the progressive movement is more likely to trigger the bull run. From the pace with which Bitcoin is moving, it is more likely to hit $15K by the end of the Q3 of this year.

Don't get too excited about the prices. The correction has started and BTC has lost almost 15% of its value. It's trading in the $7,000 - 7,300 range now. And we still need to deal with a lot of negative news, such as the closing down of Cryptopia and the issues with Tether / Bitfinex. If either one of them blows out of proportion, then we are done. Angry

bhabygrim

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

Quote from: Xampeuu on May 15, 2019, 10:10:04 PM

Quote from: TheCoinGrabber on May 15, 2019, 09:54:24 PM

A month forward and it's now stable at 8k. Whether this time it would be bullish enough to exceed the 2017 ath, we can't tell yet.

As someone who missed selling during the last ath though, I sure hope it will get higher than 20k.

for this year, the bullish trend is already a good achievement. because during 2018, we were presented with severe conditions. it will be better if the price breaks through $ 20k, so the price has damaged the highest resistance

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.

TheCoinGrabber

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Quote from: Xampeuu on May 15, 2019, 10:10:04 PM

Quote from: TheCoinGrabber on May 15, 2019, 09:54:24 PM

A month forward and it's now stable at 8k. Whether this time it would be bullish enough to exceed the 2017 ath, we can't tell yet.

As someone who missed selling during the last ath though, I sure hope it will get higher than 20k.

for this year, the bullish trend is already a good achievement. because during 2018, we were presented with severe conditions. it will be better if the price breaks through $ 20k, so the price has damaged the highest resistance

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.

Caladonian

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Quote from: Xampeuu on May 15, 2019, 10:10:04 PM

Quote from: TheCoinGrabber on May 15, 2019, 09:54:24 PM

A month forward and it's now stable at 8k. Whether this time it would be bullish enough to exceed the 2017 ath, we can't tell yet.

As someone who missed selling during the last ath though, I sure hope it will get higher than 20k.

for this year, the bullish trend is already a good achievement. because during 2018, we were presented with severe conditions. it will be better if the price breaks through $ 20k, so the price has damaged the highest resistance

Though its too ambitious to expect that to happen this year, but why not aimed for much higher if you are seeing good trends that can accomplished
the market, after hitting/breaking $8k, there's lots of expectations that it will jumped much higher.

Things around crypto industry always makes lots of surprises better being prepared and always in the positive side.

bitzizzix

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Currently the price of bitcoin has reached $ 8,000+ and the movement that I think is very good since the beginning of the month until the middle of this month.
and in my opinion bitcoin will continue to rise to reach the highest price, and my assessment of market movements or bitcoin persih in 2017 which gives the highest price nearing the end of the year, and hopefully my estimates are correct and I don't predict how much will increase.

Xampeuu

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Quote from: TheCoinGrabber on May 15, 2019, 09:54:24 PM

A month forward and it's now stable at 8k. Whether this time it would be bullish enough to exceed the 2017 ath, we can't tell yet.

As someone who missed selling during the last ath though, I sure hope it will get higher than 20k.

for this year, the bullish trend is already a good achievement. because during 2018, we were presented with severe conditions. it will be better if the price breaks through $ 20k, so the price has damaged the highest resistance

TheCoinGrabber

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A month forward and it's now stable at 8k. Whether this time it would be bullish enough to exceed the 2017 ath, we can't tell yet.

As someone who missed selling during the last ath though, I sure hope it will get higher than 20k.

jambul_kribo

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Quote from: toast on May 15, 2019, 05:50:38 PM

Quote from: ?? on ??

Quote from: CandyIzDelicious on May 13, 2019, 04:33:02 PM

Quote from: bittraffic on April 23, 2019, 09:11:36 AM

I'm all positive its going to reach $6k before May. It continues do so since the time it break $5k, I didn't even expect how quickly it got to $5.5k. It may be dumped again but will soon bounce again. I think the rise of BTC is because traders are now dumping altcoins for BTC, the demand goes up and so does the price. A lot are expecting BTC pump but its still not confirm bullrun because altcoins are being left behind here.

I agree with you, there may be many people who move their altcoins to bitcoin so that the price of bitcoin has increased, but I think bitcoin will drop again in the near future, and then bitcoin will rise again in June or July.

Wow. predictions that really attract people's attention to buy Bitcoin back when prices go down but I see prices will be difficult to go back down like last month. this will continue to rise until the end of the year.

Bitcoin will always be bought by people because this is an investment that is fortunately the biggest if the price is high. it's hard to believe if bitcoin will return $ 6000 again, because we can see that the coin marketcap is very good at bitcoin growth and this week's week is still green

we could not say like this.anything could happen in market even that best scenario or worst scenario.market not depend on us but it played by whales and large speculators that have huge resources to dump or pump bitcoin price.personally i want bitcoin price back to around $6k in order to attract more demand again from new investors.

BennyK

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Bitcoin has indeed surpassed the anticipated mark price predicted by OP and now at $8.3K. This has thrilled many investors and the progressive movement is more likely to trigger the bull run. From the pace with which Bitcoin is moving, it is more likely to hit $15K by the end of the Q3 of this year.

toast

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Quote from: ?? on ??

Quote from: CandyIzDelicious on May 13, 2019, 04:33:02 PM

Quote from: bittraffic on April 23, 2019, 09:11:36 AM

I'm all positive its going to reach $6k before May. It continues do so since the time it break $5k, I didn't even expect how quickly it got to $5.5k. It may be dumped again but will soon bounce again. I think the rise of BTC is because traders are now dumping altcoins for BTC, the demand goes up and so does the price. A lot are expecting BTC pump but its still not confirm bullrun because altcoins are being left behind here.

I agree with you, there may be many people who move their altcoins to bitcoin so that the price of bitcoin has increased, but I think bitcoin will drop again in the near future, and then bitcoin will rise again in June or July.

Wow. predictions that really attract people's attention to buy Bitcoin back when prices go down but I see prices will be difficult to go back down like last month. this will continue to rise until the end of the year.

Bitcoin will always be bought by people because this is an investment that is fortunately the biggest if the price is high. it's hard to believe if bitcoin will return $ 6000 again, because we can see that the coin marketcap is very good at bitcoin growth and this week's week is still green

pinoycash

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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.

He probably saying Bitcoin is clearly overbought at this stage and this growth is fueled by FOMO.

This is not yet a bull run since the market are still testing a new support levels at this time. Taking profits now is a wise move, but its just me and i already sold at $7800 and all feels good to be back in this price level.

Adriano2010

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Maybe not to 6000$ now buy is somehow some fluctuation and can go again down with this fluctuation and no one can predict how much will drop but most people hope to grow more.

Jating

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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

What do you mean by abnormal uptrend? Haven't you seen bitcoin goes up this high in the past?

This is a speculative assets, most greedy people, I mean investors will likely push the price again to get more profits out of this market. So it you don't know how to invest or trade and mitigate the risk then obviously you need to learn more.

freedomgo

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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.

waynechong1995

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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

Ronaldcoin2017

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Bitcoin is really unstable from the start, so i believe that the bitcoin has the capacity to rise or to fall, i see that the bitcoin is always rising after the huge dip because bitcoin will not really going to fall forever. Maybe we need to be more patience this time because bitcoin will really on the status of the bull run so anytime it may rise above 6000$ to 10000$.

Valhalaa

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In my opinion, this is bitocin, in fact, in my opinion, bitcoin only reaches 7000 USD, then it will return to correction in 6000 USD, but the magic is that this continues to make me profit up to 30% in bitcoin and 50% ++ in altcoin in my 7 days can make all my asset capital x3 out of the total assets I have and now I'm enjoying the money and now I am also looking at the price of bitcoin which tends to be stable while ready when there is a deep loss then I put more assets on alt coin than this stable bitcoin

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