Topic: Now that we touched $8,000, what's next? - page 6. (Read 1800 times)
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
I'm glad to see $8000 per bitcoin again and maybe that's the indication of running the horse, but it's not really clear if that's it. All we need to do right now is to keep and buy a bitcoin and sell it to our friend so that they can also invest and help raise the bitcoin price. I really hope and want to hit the value of $10,000 for bitcoin this week, and I think we can do that if most of the trader are keeping their bitcoin. The price of this coin right now depends on us if we want bull run we need to cooperate, but unfortunately most of the trader is not doing that because other people want bitcoin down or dumping.
I'm glad to see $8000 per bitcoin again and maybe that's the indication of running the horse, but it's not really clear if that's it. All we need to do right now is to keep and buy a bitcoin and sell it to our friend so that they can also invest and help raise the bitcoin price.
There's no need to do that, we are just not investing in that sense, we can tell them to buy in an exchange and hold like what we do.
That's the right thing to do.
I really hope and want to hit the value of $10,000 for bitcoin this week,
It's possible but not likely to happen, so just stay conservative with it so you won't get disappointed.
At first I thought the pump will continue but here we are now, back to a familiar situation, bitcoin is down and we don't know if it will bounce back soon.
the evaluation will remain below 8000, the closing weekend is always the determinant of where the price will go.
I think if Trump can again increase the value of the USD after this quite tense week, then the BTC will still be affected, at least there are still gaps that make speculators follow developments that are not only based on charts.
If we talk about the ability of the government to print certain amounts of money, then of course in this regard, cryptocurrency is of great importance to society, but until that time, while cryptocurrency is used legally in everyday life, a lot of time will pass. And today we are witnessing a very vivid resistance of states to the recognition of cryptocurrencies regarding its value. One way or another, all this negatively affects the cryptocurrency market, which is still in a fever from the actions of speculators. I think if Trump can again increase the value of the USD after this quite tense week, then the BTC will still be affected, at least there are still gaps that make speculators follow developments that are not only based on charts.
optimistic that bitcoin will reach $ 10k at the end of this month. a small decrease is only a correction to make a higher increase. in my opinion bitcoin has made a new pattern, and left the bearish market. be prepared to welcome new hikes.
It have chance to reach this amount, as the tension of war is circulating some investors putting their money in bitcoin and it may resolve to increase in price of bitcoin. It may not that too fast to consider bull as only few resort to store their assets in bitcoin, some were in gold.
the evaluation will remain below 8000, the closing weekend is always the determinant of where the price will go.
I think if Trump can again increase the value of the USD after this quite tense week, then the BTC will still be affected, at least there are still gaps that make speculators follow developments that are not only based on charts.
I think if Trump can again increase the value of the USD after this quite tense week, then the BTC will still be affected, at least there are still gaps that make speculators follow developments that are not only based on charts.
optimistic that bitcoin will reach $ 10k at the end of this month. a small decrease is only a correction to make a higher increase. in my opinion bitcoin has made a new pattern, and left the bearish market. be prepared to welcome new hikes.
Your thinking is exactly the same as mine, after we see a strong growth of bitcoin from $ 6400 to $ 8500, it's time for the market to adjust to create a higher price. We have been in the bull market since the beginning of 2019 so the price of bitcoin will always increase, I also believe that this month bitcoin will reach $ 10,000. 
optimistic that bitcoin will reach $ 10k at the end of this month. a small decrease is only a correction to make a higher increase. in my opinion bitcoin has made a new pattern, and left the bearish market. be prepared to welcome new hikes.
It have chance to reach this amount, as the tension of war is circulating some investors putting their money in bitcoin and it may resolve to increase in price of bitcoin. It may not that too fast to consider bull as only few resort to store their assets in bitcoin, some were in gold. 
optimistic that bitcoin will reach $ 10k at the end of this month. a small decrease is only a correction to make a higher increase. in my opinion bitcoin has made a new pattern, and left the bearish market. be prepared to welcome new hikes.
I'm also optimistic and at the same realistic, that we will reach $10000 or even more, but I can still accept the fact that the price can still fall down, and we will have to wait a few more weeks or months before we can have high hopes that we are indeed in the bull run, have already waited two years so why a few months more.
It has a good chance to defend the 8000... for now. But there's less than 3 weeks until the Chinese New Year, so I don't expect the euphoria last too long.
Are you sure Chinese New Year will have an effect? I think it will be the same as Christmas. there is no significant effect. but if this time continues to break above 10k it does not mean the influence of the Chinese new year, maybe the effect before halving will have a FOMO.I am not sure of what the future holds, obviously.
But from what I remember from other years the periods before Chinese New Year and US tax day are not great for Bitcoin price, so .. those are my expectations.
optimistic that bitcoin will reach $ 10k at the end of this month. a small decrease is only a correction to make a higher increase. in my opinion bitcoin has made a new pattern, and left the bearish market. be prepared to welcome new hikes.
If that would really happen then we should rejoice, but IMO, it will not reach that high because bitcoin after a pump in the past few days, it's now back to below $8,000 and the price could continue to fall down again, it's very unpredictable but it seems like we've seen this before already. 
optimistic that bitcoin will reach $ 10k at the end of this month. a small decrease is only a correction to make a higher increase. in my opinion bitcoin has made a new pattern, and left the bearish market. be prepared to welcome new hikes.
Let's see if there will be a strong support at $8k like the one we have at $7k. We can't say it this time because it's not tested yet. The real reason why we had an increase is still unknown, it could be the war or the upcoming halving and it's already causing FOMO. If ever we touched $10k before halving no matter what the reason is. It's a good sign. For now, let's wait and see if $8k floor is sustainable in the following weeks. It's possible the price will move up again by next month if ever the price sustain the $8k this month.
No doubt 10k is the next mark we want to touch in the marketplace and normal users and traders please buy the bitcoins now itself.
Because of the value goes down in the market we are not assure to find the same lowest again and when it will return to low again.
Because of the value goes down in the market we are not assure to find the same lowest again and when it will return to low again.
We've been fighting to retain support levels for a few months now; it has been relentless downwards pressure. Certainly the upwards movement is welcome, and it's good that there has been little resistance so far. However I do still think it's far too soon to call a bull. I'd be happy at the moment if we can hold 8000 and turn it into solid support.
The big thing to watch is the descending channel. If you eventually break out of it with force we're back to the bull. Now it is still a little bit of scalp trading here and there and taking small profits, while the pile of gold is just around the corner.
We've been fighting to retain support levels for a few months now; it has been relentless downwards pressure. Certainly the upwards movement is welcome, and it's good that there has been little resistance so far. However I do still think it's far too soon to call a bull. I'd be happy at the moment if we can hold 8000 and turn it into solid support.
I'm looking for resistance in the $8,500-$8,700 area. I'm expecting at least a pause there on the way to $10K, but more likely a significant pullback. Here are some bar patterns and squiggles showing how the price action might look:
I can see this happening, I feel as there's as much a chance of $10K as $5K now which is promising. Weekly still hasn't proved it's bullish (mid-week, ie no confirmation), even if the Daily is looking very bullish right now by nearly all metrics. The bullish Daily conditions will need to overturn the still-bearish Weekly conditions to prove itself in my opinion. While the Monthly has flipped green breaking the 1-9 month correct (after 4 months), there are still too many weeks left to go to consider this as anything but neutral at best (mid-month, no confirmation)
From another perspective, I see current price level as horizontal resistance prior to forming a horizontal channel. Most people are still thinking either $5K or $10K, fewer are considering a continuation of longer-term accumulation by re-testing the 6's again for confirmation of current valuations:
That said, if we close above the 21 Week MA currently priced at $8,518, as well as the bearish channel, and price follows through next week, I'd continue feeling unconditionally bullish, like I was at $7,245:
i think prices bitcoin can rise above 9000 usd at latest eaisly . this is the time to buy again for who want invest in bitcoin before halving and for those who sold bitcoin in the bear market like current price before
I'm looking for resistance in the $8,500-$8,700 area. I'm expecting at least a pause there on the way to $10K, but more likely a significant pullback. Here are some bar patterns and squiggles showing how the price action might look:
yes, the 7800$ was broken , now we are sitting at 8400$ is and the market can go either way still
but the growth is more plausible and for that the resistance at 8.500$ is the next target
but I'm expecting a correction and the level of 8100-8000 by the weekend , lets see what happens in reality
the bad world news somehow did influence the price it seems and the trading volumes gone up as well as the price
could also be the early halving expectations starting to fuel the trading , hope it is the later - this should be a signal for growth
The probability of hitting $10,000 is very high and probable once the incentive for bitcoin halving has been granted. Bitcoin miners from China keep pushing through since 6.75 BTC is already a huge reward and more investors are trying to keep phase with Bitcoin now.
There is no doubt that $ 10k will be reached this year, it is only a matter of time. Miners from China do what they always do, they make a profit and only that matters, and they can push price up only if they stop selling coins, which is not a realistic option because they also have bills that need to be paid regularly. They still get 12.5 BTC per block, and after halving reward will be 6.25 BTC, not 6.75.
Serious investors don't get into something when the price goes up, they know when it's time to invest. After months in which the price has drop several times below $ 7k (close to $ 6k), now we have smart investors who think that this is a good time. In fact, the moment to invest is not a bad one - but there were definitely a lot of better opportunities.
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