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Topic: Now that we touched $8,000, what's next? - page 5. (Read 1800 times)

sr. member
Activity: 1456
Merit: 359
January 11, 2020, 03:57:48 AM
It seems that the price of bitcoin is holding between $7800-$8000 per each, as long as the bitcoin will not go down in $7800, there will be a big possibility that a pump will happen because the chart telling us that there are now high demand and the buyers are willing to purchase in that area. I hope that the buyers will overwhelmed the sellers in order for us to see a increase again in the price of the bitcoin.
hero member
Activity: 2870
Merit: 594
January 11, 2020, 01:03:25 AM
Bitcoin is having a small run, we just touched at $8000 as per Binance record, its 24 hours high is $8000.

https://www.binance.com/en/trade/BTC_USDT

What do you guys think that will happen next? is this the bull run we are long waiting?

Some are saying we are getting ready to test the $9,200 resistance. Positive predictions and analysis are overflowing now. We might be conquering $10,000 in the next month or two. Bitcoin is now very bullish. There was a correction after that but it was very quick and now we are once again back at more than $8,000.

I do hope that we are going to get to $9200 after touching $8k again. I thought that the price would go on a down ward spiral after losing that $8k support after a few days ago, but it seems the market remain still and was about to defend that level.

So let's see if we are going to $8500 range now and then $9k in the next week or so.
sr. member
Activity: 2380
Merit: 366
January 10, 2020, 10:08:39 PM
Bitcoin is having a small run, we just touched at $8000 as per Binance record, its 24 hours high is $8000.

https://www.binance.com/en/trade/BTC_USDT

What do you guys think that will happen next? is this the bull run we are long waiting?

Some are saying we are getting ready to test the $9,200 resistance. Positive predictions and analysis are overflowing now. We might be conquering $10,000 in the next month or two. Bitcoin is now very bullish. There was a correction after that but it was very quick and now we are once again back at more than $8,000.
sr. member
Activity: 2842
Merit: 326
Vave.com - Crypto Casino
January 10, 2020, 09:32:55 PM
i dont want any sharp increase for bitcoin. it is better to stay around this resistance point for a while till some people start filling their bags around here and altcoins can take some breath as well.
A gradual and steady increase in the price of bitcoin is my preference this would give room for buying while taking profits after a rally and buying at dip again rather than sudden and sharp increase ie spike.
Meanwhile the price had corrected to the support at $7800 to $7900 heading up above $8K thus reaching $10K soon.
hero member
Activity: 2828
Merit: 518
January 10, 2020, 06:42:36 PM
We have a good entry since the opening of this year, unlikely we saw last year. It is looking great to see how the market moves like this and continues to move high surpassing $8k. It possibly we are turning back high again headed for another $10k, I hope to will works.

This is to think that halving has a positive impact on the market and it makes sense now how people will think great also. For we are struggling for 2 years in bearish season, might say that this year will gonna be change and with the help of halving.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
January 10, 2020, 06:39:58 PM
Resistance is still happening that I don't think we need to expect a rapid increase overnight, and what will happen next I am sure prices will still be in the same range for a few days and then a slight increase may occur before finally surpassing 9k to 10k due to correction will definitely happen again before the halving event.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
January 10, 2020, 05:39:43 PM
i dont want any sharp increase for bitcoin. it is better to stay around this resistance point for a while till some people start filling their bags around here and altcoins can take some breath as well.
The market won't go sharp for a while until it crosses the $10000 price barrier. Whether people expect or not, there is growth with altcoins. Here we can't expect the same to take place with each and every altcoin. Probably those expected for big rise over the past year will progress high along with bitcoin. Only when the price begins to increase investors will fill their bags with good volume of bitcoin and altcoins.
legendary
Activity: 1722
Merit: 2213
January 10, 2020, 05:33:55 PM
Get rejected by the futures MAs due to the high volume, back down to the support trendline of the bear channel around mid $5Ks.




Or just hold $6.5K support and consolidate further...



Who knows at this current point.
sr. member
Activity: 910
Merit: 255
January 10, 2020, 04:30:21 PM
i dont want any sharp increase for bitcoin. it is better to stay around this resistance point for a while till some people start filling their bags around here and altcoins can take some breath as well.
sr. member
Activity: 896
Merit: 268
★777Coin.com★ Fun BTC Casino!
January 10, 2020, 12:43:53 PM
Bitcoin is having a small run, we just touched at $8000 as per Binance record, its 24 hours high is $8000.

https://www.binance.com/en/trade/BTC_USDT

What do you guys think that will happen next? is this the bull run we are long waiting?

Isn't it too early? Well, we cannot yet declared when bullrun would happened but isn't it yet too early for it to start? I mean we ain't yet reaching halving stage, and we don't have any major news out there besides the battle between Iran and America. Well, this might be an indirect effect of such controversy or what else might be, may be a manipulation of Whales.
hero member
Activity: 2926
Merit: 640
January 10, 2020, 12:20:17 PM
Seeing the price not being above 8 thousand scares me. It did reached at a peak of $8.4k and that was a good time but looking at it now its just under $8k nowadays and that means price tried to go up but failed. Was that a failed attempt of a bull run? Was that just a new years bonus checks going into bitcoin, was that just a whale buying bunch of bitcoin for preparation of halving? We don't know the real cause of bitcoins increase other than there were more bitcoins bought than sold at those prices so it had to go up, that is all we know.

If we could go down to bottom of why bitcoin went up we could actually figure out what makes it go up and try to do it again but since we don't know we can never know what will happen next. We need to learn about past to predict the future.
hero member
Activity: 1426
Merit: 506
January 10, 2020, 06:29:54 AM
Let's see if there will be a strong support at $8k like the one we have at $7k.
Hope you meant the other way around, there was a huge resistance at $8k levels and so is the reason the market went down after reaching those valuations and the market was not able to sustain those valuations for a long period of time and it looks like we need more time to reach those valuation and maintain those valuations.
sr. member
Activity: 1078
Merit: 354
January 10, 2020, 04:58:01 AM

so the increase some time ago was just a FUD and indeed it seems that there will be no war as I read today "Trump says he is ready for peace" it means there will be no more turmoil. appears simultaneously after trump says that, bitcoin price down to 7800 which was previously at 8000.

probably, you know that hype could easy happen here so we saw some little FOMO but now it's gone.
So what would people like, to see the war continue so bitcoin price will continue to rise? I think that would not happen.

maybe some people think like that, but I do not want to take the opportunity this way. bitcoin can increase without a world war.
as I said maybe for now the price will back down to 7500 because the support at 7800 has broken.

But for me it is encouraging that we are now starting to see Bitcoin price rise in response to world events. It strengthens the case for Bitcoin as a store of value.
legendary
Activity: 1862
Merit: 1046
January 10, 2020, 04:37:19 AM
#99

so the increase some time ago was just a FUD and indeed it seems that there will be no war as I read today "Trump says he is ready for peace" it means there will be no more turmoil. appears simultaneously after trump says that, bitcoin price down to 7800 which was previously at 8000.

probably, you know that hype could easy happen here so we saw some little FOMO but now it's gone.
So what would people like, to see the war continue so bitcoin price will continue to rise? I think that would not happen.

maybe some people think like that, but I do not want to take the opportunity this way. bitcoin can increase without a world war.
as I said maybe for now the price will back down to 7500 because the support at 7800 has broken.
copper member
Activity: 658
Merit: 402
January 10, 2020, 03:27:16 AM
#98
After seeing bitcoin touching 8000$ in the last few days, the current price right now is around 7700$ and, I thought the slowly rising price of bitcoin will be the great preparation for upcoming bull run but it was not. Besides, some people here think that bitcoin will also hit 9000$ and even me I believe on that but what I see right is simple pump and dump on market. And, again let's if the price of bitcoin will stay at the price of 7700$.
legendary
Activity: 2464
Merit: 1039
Bitcoin Trader
January 10, 2020, 02:54:46 AM
#97
Bitcoin is having a small run, we just touched at $8000 as per Binance record, its 24 hours high is $8000.

https://www.binance.com/en/trade/BTC_USDT

What do you guys think that will happen next? is this the bull run we are long waiting?
almost touching $ 8500 the highest of the past few days has already shown everyone that bitcoin always has surprises, there are still other surprises coming in the next few weeks and everyone is waiting for it to take over $ 9,000 soon, it looks like we are seeing trading volume going up assuring us that more and more many new people come to bring their money into the market, there is only a slight decline at this time before exceeding the other highest prices, bitcoin halving will soon be, maybe that's what they have in mind where prices can just go back to previous history, see other surprises in the week next
legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
January 10, 2020, 02:14:09 AM
#96

so the increase some time ago was just a FUD and indeed it seems that there will be no war as I read today "Trump says he is ready for peace" it means there will be no more turmoil. appears simultaneously after trump says that, bitcoin price down to 7800 which was previously at 8000.

probably, you know that hype could easy happen here so we saw some little FOMO but now it's gone.
So what would people like, to see the war continue so bitcoin price will continue to rise? I think that would not happen.
legendary
Activity: 1862
Merit: 1046
January 09, 2020, 10:25:25 PM
#95
The current moves are not dar from the airstrike attack by the USA on the Iran general. People and just trying to keep their capital somewhere since they don't know what will happen next. Immediately trump remark yesterday about the retaliative attack, BTC begin to dump almost immediately as it has no threat as most people expected

It could have been different if Trump retaliates with those missile attacks but he choose not, so it's going to cool down for now, but people now know and think that Bitcoin is really a good alternative if such a scenario occurs in their own region, so expect a pump if we see similar incidents like this happen?

so the increase some time ago was just a FUD and indeed it seems that there will be no war as I read today "Trump says he is ready for peace" it means there will be no more turmoil. appears simultaneously after trump says that, bitcoin price down to 7800 which was previously at 8000.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
January 09, 2020, 09:33:01 PM
#94
The current moves are not dar from the airstrike attack by the USA on the Iran general. People and just trying to keep their capital somewhere since they don't know what will happen next. Immediately trump remark yesterday about the retaliative attack, BTC begin to dump almost immediately as it has no threat as most people expected
The market is full speculations better to study more and not just to jump into quick conclusions. It's safer for your investment if you'll going to
work much closer into any possibilities and not just to relied with other's speculations and the current market movement as it can be fake and
artificially done by big whales around.
sr. member
Activity: 2030
Merit: 269
January 09, 2020, 09:31:03 PM
#93
The current moves are not dar from the airstrike attack by the USA on the Iran general. People and just trying to keep their capital somewhere since they don't know what will happen next. Immediately trump remark yesterday about the retaliative attack, BTC begin to dump almost immediately as it has no threat as most people expected

It could have been different if Trump retaliates with those missile attacks but he choose not, so it's going to cool down for now, but people now know and think that Bitcoin is really a good alternative if such a scenario occurs in their own region, so expect a pump if we see similar incidents like this happen?
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