Bitcoin reached 8000 - and what next? - page 3.

smyslov

sr. member

Activity: 2030

Merit: 269

Quote from: Mr Zet on May 16, 2019, 07:15:55 AM

So, we've finally reached $8.000. What will be next? I read an article on BlockChain24.co where they've analyze Bitcoin's chart. And I agree that price should drop a little bit, but I believe overall it will be still growing. What do you think?

And it does happen the price drops a little bit like what happens the other day, but still going stronger heading to the $8000 level, it will eventually finish at $8000 level for the month of June, it's a slow climb but I like it this way, we can easily analyze the price as it comes.

Vaculin

hero member

Activity: 2940

Merit: 613

Winding down.

Quote from: Hypnosis00 on May 20, 2019, 06:20:51 PM

Quote from: Sebas.tian on May 20, 2019, 06:12:57 PM

The consolidation period is a very long one so I think the distribution period will be short and explosive--like how we are experiencing now a parabolic curve. There will be some correction after some time but if we reach 10k within this month, it is a large indicator of a bull run.

We can't make it within this month mate, not really that sure but the market isn't that fast to move any higher amounts rather it make a stay $8k-$9k.
Having $10k is quite big but it can possible be reach within this year.
Giving a positive insights to the market, we can possibly be seeing more pumps this year but not to be a straight pumps, we also struggling drops along the way.

Of course we can't avoid some dropdown of prices along the way but i still think the market will stay positive this year until it reaches $15k-$20k at the end end of this year. So holding our coins for a long term can be of great advantage especially that the current price is still growing even more.

Hypnosis00

sr. member

Activity: 2436

Merit: 343

Quote from: Sebas.tian on May 20, 2019, 06:12:57 PM

The consolidation period is a very long one so I think the distribution period will be short and explosive--like how we are experiencing now a parabolic curve. There will be some correction after some time but if we reach 10k within this month, it is a large indicator of a bull run.

We can't make it within this month mate, not really that sure but the market isn't that fast to move any higher amounts rather it make a stay $8k-$9k.
Having $10k is quite big but it can possible be reach within this year.
Giving a positive insights to the market, we can possibly be seeing more pumps this year but not to be a straight pumps, we also struggling drops along the way.

Cherylstar86

sr. member

Activity: 1484

Merit: 253

Quote from: minersday on May 20, 2019, 06:04:19 PM

The crypto ecosystem is full of surprises. In as much that Bitcoin's price reached $8k, there are huge possibilities that the price will either move up or drop. The crypto space is made up of unpredictable possibilities in relation to the rate at which the market price of Bitcoin and other cryptocurrency changes. Currently, the price of Bitcoin has dropped to $7,935.74 according to [coinmarket](https://coinmarketcap.com) and it might either increase or dropped.

Indeed, we really can't say what's the final resort of all changes that may occur in the next days to come. Price will continue to drop while many sellers will see to it that their asset needs to gain profit. If there are people whose selling their bitcoins, the right opportunity for other new buyers will come. So in result to that, we seem to witness an outstanding market increase btc price. The situation kepts happening again and again, it's all a matter of cause and effect.

Sebas.tian

full member

Activity: 2184

Merit: 184

Hire Bitcointalk Camp. Manager @ r7promotions.com

The consolidation period is a very long one so I think the distribution period will be short and explosive--like how we are experiencing now a parabolic curve. There will be some correction after some time but if we reach 10k within this month, it is a large indicator of a bull run.

minersday

hero member

Activity: 1484

Merit: 535

The crypto ecosystem is full of surprises. In as much that Bitcoin's price reached $8k, there are huge possibilities that the price will either move up or drop. The crypto space is made up of unpredictable possibilities in relation to the rate at which the market price of Bitcoin and other cryptocurrency changes. Currently, the price of Bitcoin has dropped to $7,935.74 according to [coinmarket](https://coinmarketcap.com) and it might either increase or dropped.

Vishnu.Reang

sr. member

Activity: 1988

Merit: 453

The profit booking phase has just started and it is going to last a while. I can't predict the exact duration, but anything ranging from a couple of days to a couple of months is possible. Even I booked my profit today, by converting BTC0.05 from my wallet to fiat (luckily for me, I converted my BTC while the exchange rates were above 8K).

Still have around BTC1.00 remaining in my wallet, and I am not planning to sell them anytime soon.

bitzizzix

sr. member

Activity: 2366

Merit: 448

Enjoy 500% bonus + 70 FS

We have to thank Bitcoin because this year has reached around $ 8,000 because it has become much better than the previous year where the price of Bitcoin was very low.
and I think bitcoin will slowly continue to increase this year, we must believe and remain optimistic that bitcoin will always give the best at the right time.

nicko122

jr. member

Activity: 462

Merit: 1

Quote from: Mr Zet on May 16, 2019, 07:15:55 AM

So, we've finally reached $8.000. What will be next? I read an article on BlockChain24.co where they've analyze Bitcoin's chart. And I agree that price should drop a little bit, but I believe overall it will be still growing. What do you think?

I agree that in the end the price will continue to grow. I think it is inevitable. The potential of Bitcoin is unknown to anyone, but 8k is definitely not its limit. 2019 as expected already looks more successful and favorable year for cryptocurrency.

xysheeh03

jr. member

Activity: 238

Merit: 1

For me, two things to be considered for bitcoin price. First, it has the possibility of continuing its pumping price and rise above $8000 as a sign that good market is approaching bullish now. Second, bitcoin also possibly decreases its price below $8000 since fluctuation of price makes increasing and decreasing activity.

soulripper

full member

Activity: 381

Merit: 101

Quote from: waynechong1995 on May 20, 2019, 03:37:16 AM

Traders would reposition their holdings majorly, to prepare or a bull yet still speculative to not get caught on a daily signal.Price swings should be very big nowadays, it take only hours to hit 7-8k once the pressure is there, 10k should be a benchmark to test the market, but it wouldn't take long to see it's effort to bounce back or go flying up

But make sure this was not only a bubble.. The market might be strong for bitcoin but it still can be drop in overnight. $10k for this year might be a good benchmark but always remind urself about how easy it can be drop also.

waynechong1995

full member

Activity: 644

Merit: 117

swing!

Traders would reposition their holdings majorly, to prepare or a bull yet still speculative to not get caught on a daily signal.Price swings should be very big nowadays, it take only hours to hit 7-8k once the pressure is there, 10k should be a benchmark to test the market, but it wouldn't take long to see it's effort to bounce back or go flying up

okala

full member

Activity: 980

Merit: 114

Quote from: blockchainwriters on May 20, 2019, 02:46:20 AM

after 8000 dollars the next target for bitcoin is 12000 dollars next target would be probably an all-time high 20 thousand dollars. This present bullish trend may turn btc prices to new all time high

It very hard to predict where bitcoin price will land next since we are in a volatile market where price can not be predicted, but the fact still remains that the market is very promising and we are hopeful that bitcoin will be making a major market record breaking this year by reaching it all time high breaking the 2017 record.

blockchainwriters

member

Activity: 280

Merit: 15

after 8000 dollars the next target for bitcoin is 12000 dollars next target would be probably an all-time high 20 thousand dollars. This present bullish trend may turn btc prices to new all time high

killat

member

Activity: 742

Merit: 21

Be the reason someone smiles today

Btc reached 8000$ last week, than decreased to 7k, not it's back to 8k.

It seems that 8k is a very important resistance. If this will hold for at least one week, then we have good chances to see Btc up to 10k in the near future.

MMysterious

sr. member

Activity: 972

Merit: 255

Bear season or just the beginning

Quote from: stadus on May 19, 2019, 10:17:28 PM

Quote from: khimer_rangers on May 19, 2019, 09:36:44 PM

no one knows exactly what will happen next it could be a small correction and go back up and bitcoin can go up to 10k or even go down to 5k and 8k cannot be used as a benchmark, but I'm sure in the next few months bitcoin will be even higher.

We all don't know but our prediction matters as it's where we take action to buy and sell.
At this time, I believe crypto space is getting pump because the market has turn into bullish sentiment and I cannot predict the price but open for a new ATH.

Who wouldn't right? A new ATH will surely give us another opportunity to sell and take profit.

I am still hoping that this bull run reaches 9k to 14.5k before another big correction. I cannot say much what happens later this year as it depends on how long or short this bull run is. But we might see a better one than last year.

stadus

legendary

Activity: 3080

Merit: 1292

Hhampuz for Campaign management

Quote from: khimer_rangers on May 19, 2019, 09:36:44 PM

no one knows exactly what will happen next it could be a small correction and go back up and bitcoin can go up to 10k or even go down to 5k and 8k cannot be used as a benchmark, but I'm sure in the next few months bitcoin will be even higher.

We all don't know but our prediction matters as it's where we take action to buy and sell.
At this time, I believe crypto space is getting pump because the market has turn into bullish sentiment and I cannot predict the price but open for a new ATH.

Who wouldn't right? A new ATH will surely give us another opportunity to sell and take profit.

Twinscoin2017

sr. member

Activity: 1009

Merit: 328

If these rising of price is a bull run, maybe the next price is 10k$ i believe that if the bull run occur the price of the bitcoin will surely rise up high. So i think it will maybe rich up to 10k$ pr above.

khimer_rangers

full member

Activity: 565

Merit: 100

BountyMarketCap

no one knows exactly what will happen next it could be a small correction and go back up and bitcoin can go up to 10k or even go down to 5k and 8k cannot be used as a benchmark, but I'm sure in the next few months bitcoin will be even higher.

Erickan

member

Activity: 266

Merit: 18

Many people think that bitcoin will decrease when it reaches $ 8k, I also believe that when looking at technical analysis. As long as bitcoin holds a support price of $ 6k5, it will be very positive. Our main trend is still bullish, so don't be afraid to see bitcoin adjust to $ 6k5. I predict bitcoin will probably recover to the highest of the year 2018 of $ 9k, anyway we are happy when the market for crypto started to rebound again in 2019.

Topic: Bitcoin reached 8000 - and what next? - page 3. (Read 1124 times)