hello, just curious about your thoughts on the current market sentiment, do you think we're going back up to 8k levels?
It seems to me that this year the market will not reach this level. I hope that the situation will get better for the better. 
Topic: Is market going back up to 8k? (Read 2262 times)
I think that we surely can do that... just a little bit more time is needed for that. Current period is absolutely bad for crypto for various reasons, 2017s growth is a reason as well...
The highest price that reach by bitcoin so far is in the of $7000 last week then declined again after several hours. Ther is still more than two months left in this year and many are still hoping for the bitcoin to go up before the holiday season start. $8k is still attainable if the top coin go into the bullrun mode but factors that needed to push it is still nowhere to be found.
of course 8k is not impossible, what else do I think we should go from the bear market and now it's almost the end of the year and I believe there will be surprises later in the year on this matter.
This is a very important time as only a few big news will come out and the market will enter a new phase and I believe it will happen this year as Q4 2018 is always a good time to invest. And earning a good profit is just a matter of time if you have confidence in the Cryptocurrency market
of course 8k is not impossible, what else do I think we should go from the bear market and now it's almost the end of the year and I believe there will be surprises later in the year on this matter.
Can't you see the manipulation thats currently happening? It seems like whales are trying to fill their bags until the bull runs before end of this year. For me not just 8k it could go back st least $10-11k it may happen but if not for sure it is another bloodbath.
Not yet. I hope that this will be the case next year. In the meantime, this year is only to observe the course and hope for the best.
hello, just curious about your thoughts on the current market sentiment, do you think we're going back up to 8k levels?
we never know, the price will reach how much, but with the current decline we also do not be pessimistic and doubt the market, we must be sure that the market will increase again, do not even despair
hopefully before the end of the year it will happen that at least half of the price last year. everyone still relies on that scenario for crypto. And as I am a trader it is difficult to hold holdings.
It is impossible to say exactly what exactly to this figure. Yes, the market is growing. And, most likely, will reach this figure, and, perhaps, will grow further. Therefore, we cannot say that this figure is the market.
I am still very confident that the market is still able to go back and now it is proven that the movement of bitcoin prices has also increased, it is not so big but this is very good for the progress of the increase
It will recover and though its quite slow as we see there's an improvement. We've been encouraged by the bull people such as Tom Lee and CZ (binance owner) that the bull might come anytime. And it's not only $8,000 but more than that, expect few but it can be the best for this year. If it won't recover that much as long as its higher than $6,000 its good.
i do believe that the market could recover before this year ends and i am positive that it can reach higher than 8k.
That can possibly happen and is not impossible but I think that for that, the demand for Bitcoin would have to be high. I am a bit more optimistic about the rise in the value and feels like it would cross $10000 easily. So $8ooo is not such a big deal for Bitcoin. In addition, if few more countries like Venezuela and Philippines accepted and recognized cryptocurrency, it will add a considerable amount of value to the price of Bitcoin and other coins as well. All we need are good and positive indicators.
Since you have no time limit, I think this will definitely return to eight thousand. It will be OK at the end of this year, and it will be OK next year. It will be eligible in the following year, and it will be fine in the future.
I am still very confident that the market is still able to go back and now it is proven that the movement of bitcoin prices has also increased, it is not so big but this is very good for the progress of the increase
I keep seeing that we can't go over the 6.8k USD resistance level. We tried to hit it a few times but the shorters and bears are constantly bringing us down back to 6k/ 6.4k USD support levels and it looks like we can't rise above this and have a breakout North anytime soon. I don't think the shorters want Bitcoin to go up or the market to recover. They just want to carry on shorting and squeezing our 55 profit every two/three days as they play on Bitmex and Bitfinex with leverage, so they don't care anymore about big market swings or a bull run,. they make their money every few days shorting the market and not letting it grow.
There are no sign or prediction if bitcoin will comeback to 8k value, atleast not this month. I believe it will happen when the start of 4th quarter of this year. I really think bull run will happen.
Based on the technical analysis combined with the latest positive cryptocurrency news, we can assume that we will soon see a return to the level of 9000 dollars.
no one can ascertain with certainty the exact price or value because it's already the nature of crypto currency and I think in the current conditions it takes extra extra confidence and patience
The precious metals experts are wrong %99 of the time, I'm starting to think the 'crypto' experts will follow suit.
Bitcoin is entering the most uncertain territory of 2018 as price reaches the tail end of the 8 month plus descending triangle. A bull market can't start unless 7400 is convincingly broken. Big spot positions may not be entered unless 7000 is convincingly broken.
I am sure that the market will soon recover and in October it will reach $ 10k, buying when cheap prices like now are good and profitable in the future.
We are not sure what time the market will recover at that price, so in my opinion if you have invested in this market then keep going, do not worry too much about selling them. Soon you will lose moneyJump to: