Topic: Bitcoin Price Breaks $7,000 After 4% Gain, Crypto Market Adds $12 Billion - page 2. (Read 314 times)
August 28, 2018, 10:05:35 AM
have any news to make price go to 7K?
August 28, 2018, 10:02:53 AM
Not really surprise to be honest. This is just a small pump in the price of Bitcoin and for me, we are still in the bear market. No signs of a trend reversal. I agree that 6800$ is the resistance and now it is broken. I don't see any signs that we will be going into a bull market. This is a common news and its not surprising.
For the long term, yes it still in bearish situation. But not for the short term, it is a bullish situation. 
August 28, 2018, 09:57:58 AM
Not really surprise to be honest. This is just a small pump in the price of Bitcoin and for me, we are still in the bear market. No signs of a trend reversal. I agree that 6800$ is the resistance and now it is broken. I don't see any signs that we will be going into a bull market. This is a common news and its not surprising.
August 28, 2018, 09:48:36 AM
Bitcoin Price Breaks $7,000 After 4% Gain, Crypto Market Adds $12 Billion
In the past 24 hours, despite the negative expectations of most investors towards Bitcoin, the crypto market has recovered by $12 billion from $216 billion to $228 billion.
The Bitcoin price has surpassed a key resistance level at $7,000 after breaking out of the $6,800 mark, which as several widely recognized cryptocurrency traders emphasized, was crucial for the short-term recovery of Bitcoin.
If Bitcoin had failed to surpass beyond the $6,800 mark, a minor correction could have been initiated, potentially leading the dominant cryptocurrency back to low $6.000. Instead, with a solid spike in volume and newly gained momentum, BTC has recovered to $7,000 bringing tokens with it.
Tokens are Flying
While Dash, Gas, and IOTA remain as the best performing cryptocurrencies of August 28 with 26 percent, 22 percent, and 19 percent gains, tokens have generally performed extremely well in the past five days.
Throughout August, due the correction of BTC from $8,000 to $5,850, tokens and small market cap cryptocurrencies have performed poorly against both Bitcoin and the US dollar.
https://www.ccn.com/bitcoin-price-breaks-7000-after-4-gain-crypto-market-adds-12-billion/
In the past 24 hours, despite the negative expectations of most investors towards Bitcoin, the crypto market has recovered by $12 billion from $216 billion to $228 billion.
The Bitcoin price has surpassed a key resistance level at $7,000 after breaking out of the $6,800 mark, which as several widely recognized cryptocurrency traders emphasized, was crucial for the short-term recovery of Bitcoin.
If Bitcoin had failed to surpass beyond the $6,800 mark, a minor correction could have been initiated, potentially leading the dominant cryptocurrency back to low $6.000. Instead, with a solid spike in volume and newly gained momentum, BTC has recovered to $7,000 bringing tokens with it.
Tokens are Flying
While Dash, Gas, and IOTA remain as the best performing cryptocurrencies of August 28 with 26 percent, 22 percent, and 19 percent gains, tokens have generally performed extremely well in the past five days.
Throughout August, due the correction of BTC from $8,000 to $5,850, tokens and small market cap cryptocurrencies have performed poorly against both Bitcoin and the US dollar.
https://www.ccn.com/bitcoin-price-breaks-7000-after-4-gain-crypto-market-adds-12-billion/
It is good that I bought at the 6800 levels before it gone up by that. I really gave me some profits and I would continue on trading Bitcoin for now.
August 28, 2018, 09:47:25 AM
So what? What is surprising about this news?
One of these days the rate will decrease to $ 6500- $ 6700. And then again there will be growth.
And this has been going on for a very long time ...
One of these days the rate will decrease to $ 6500- $ 6700. And then again there will be growth.
And this has been going on for a very long time ...
August 28, 2018, 09:44:14 AM
Good news! 
I've been waiting for a return of the bull for some time now...
Hopefully this will be the beginning of a new trend that will go on at least to the end of the year, fingers crossed!
Do you have any news on what was the catalyst for this switch to a bull market?
I've been waiting for a return of the bull for some time now...Hopefully this will be the beginning of a new trend that will go on at least to the end of the year, fingers crossed!
Do you have any news on what was the catalyst for this switch to a bull market?
August 28, 2018, 09:38:05 AM
Just saw that now and am happy about the breaking of $6700 resistance. Should the general market keeps increasing. we may see a more bitcoin bullish movement.
August 28, 2018, 08:34:29 AM
Bitcoin Price Breaks $7,000 After 4% Gain, Crypto Market Adds $12 Billion
In the past 24 hours, despite the negative expectations of most investors towards Bitcoin, the crypto market has recovered by $12 billion from $216 billion to $228 billion.
The Bitcoin price has surpassed a key resistance level at $7,000 after breaking out of the $6,800 mark, which as several widely recognized cryptocurrency traders emphasized, was crucial for the short-term recovery of Bitcoin.
If Bitcoin had failed to surpass beyond the $6,800 mark, a minor correction could have been initiated, potentially leading the dominant cryptocurrency back to low $6.000. Instead, with a solid spike in volume and newly gained momentum, BTC has recovered to $7,000 bringing tokens with it.
Tokens are Flying
While Dash, Gas, and IOTA remain as the best performing cryptocurrencies of August 28 with 26 percent, 22 percent, and 19 percent gains, tokens have generally performed extremely well in the past five days.
Throughout August, due the correction of BTC from $8,000 to $5,850, tokens and small market cap cryptocurrencies have performed poorly against both Bitcoin and the US dollar.
https://www.ccn.com/bitcoin-price-breaks-7000-after-4-gain-crypto-market-adds-12-billion/
In the past 24 hours, despite the negative expectations of most investors towards Bitcoin, the crypto market has recovered by $12 billion from $216 billion to $228 billion.
The Bitcoin price has surpassed a key resistance level at $7,000 after breaking out of the $6,800 mark, which as several widely recognized cryptocurrency traders emphasized, was crucial for the short-term recovery of Bitcoin.
If Bitcoin had failed to surpass beyond the $6,800 mark, a minor correction could have been initiated, potentially leading the dominant cryptocurrency back to low $6.000. Instead, with a solid spike in volume and newly gained momentum, BTC has recovered to $7,000 bringing tokens with it.
Tokens are Flying
While Dash, Gas, and IOTA remain as the best performing cryptocurrencies of August 28 with 26 percent, 22 percent, and 19 percent gains, tokens have generally performed extremely well in the past five days.
Throughout August, due the correction of BTC from $8,000 to $5,850, tokens and small market cap cryptocurrencies have performed poorly against both Bitcoin and the US dollar.
https://www.ccn.com/bitcoin-price-breaks-7000-after-4-gain-crypto-market-adds-12-billion/
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