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Topic: Can bitcoin break the $8000 margin before month end? - page 4. (Read 464 times)

full member
Activity: 420
Merit: 100
I do believe on that because many are getting back to invest on bitcoin because of a positive outlook of some investors instead they spread fud they spread the ability of bitcoin to become more success in near future and gain a lot of profit from it.
full member
Activity: 1064
Merit: 112
In my opinion its impossible before this month end, because the market performance as now is like a beat of heart which is constantly up and down time on time . So maybe it's impossible for now unless if the performance change after days or two  because it's so difficult to predict where to go.  
legendary
Activity: 2688
Merit: 13334
BTC + Crossfit, living life.
According to Boris Schlossberg, the managing director of FX Strategy at BK Asset Management, the fact that bitcoin had broken above the US$7,000 level was a possible indication that there was still more upside potential.

I agree with him because seeing the stability of bitcoin for the past few days after it broke the margin of 7k. I have a strong belief it can break the 8k margin.

All i see is bitcoin bears fastening their seatbelts for a ride to the moon soon. Cool

I think that with the pending etf decision in august we still can have upside, and even go beyond 8000 zone. A lot of the people will want to hedge their bets and bet on approval, out of the fear of missing out if it is eventually approved.

but would etf already approve ...?
sr. member
Activity: 714
Merit: 257
According to Boris Schlossberg, the managing director of FX Strategy at BK Asset Management, the fact that bitcoin had broken above the US$7,000 level was a possible indication that there was still more upside potential.

I agree with him because seeing the stability of bitcoin for the past few days after it broke the margin of 7k. I have a strong belief it can break the 8k margin.

All i see is bitcoin bears fastening their seatbelts for a ride to the moon soon. Cool

I think that with the pending etf decision in august we still can have upside, and even go beyond 8000 zone. A lot of the people will want to hedge their bets and bet on approval, out of the fear of missing out if it is eventually approved.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
According to Boris Schlossberg, the managing director of FX Strategy at BK Asset Management, the fact that bitcoin had broken above the US$7,000 level was a possible indication that there was still more upside potential.

the upside potential never technically went away, bitcoin always had that upside potential and will have it until mass adoption occurs and finishes.

but expecting a big rise just because a small one occurred does not sound logical to me. as many are expecting these days we may be on a slow rising trend instead of the wild big jumps as last year.
jr. member
Activity: 159
Merit: 2
According to Boris Schlossberg, the managing director of FX Strategy at BK Asset Management, the fact that bitcoin had broken above the US$7,000 level was a possible indication that there was still more upside potential.

I agree with him because seeing the stability of bitcoin for the past few days after it broke the margin of 7k. I have a strong belief it can break the 8k margin.

All i see is bitcoin bears fastening their seatbelts for a ride to the moon soon. Cool
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