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Topic: Now that we touched $8,000, what's next? - page 7. (Read 1800 times)

legendary
Activity: 1806
Merit: 1521
January 08, 2020, 04:16:43 AM
#73
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:




legendary
Activity: 2758
Merit: 1228
January 08, 2020, 04:00:49 AM
#72
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?

Road to $10k.  I believe that is the next stop.  There are some prediction that Bitcoin may probably reach $10k in the next weeks.  I once thought that it was a bit impossible because the market that day had a strong signal of BTC price going down but I was wrong, all of a sudden Bitcoin price slowly getting support thus, we reach $8k now.

If we break the $9k level mark then might we could see the price come unto that but if certain things will go on sideways well it will be unfortunate since most provably there are many people will get trap since as of now we don't know yet if we are entering on the bullish days or maybe this is just another set up of a bull trap and price might gonna dump in quick blink but let's monitor on how market flows these days.
sr. member
Activity: 1092
Merit: 271
January 08, 2020, 03:16:46 AM
#71
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?

Road to $10k.  I believe that is the next stop.  There are some prediction that Bitcoin may probably reach $10k in the next weeks.  I once thought that it was a bit impossible because the market that day had a strong signal of BTC price going down but I was wrong, all of a sudden Bitcoin price slowly getting support thus, we reach $8k now.
legendary
Activity: 1722
Merit: 2213
January 07, 2020, 06:55:07 PM
#70
These moves seem so unfair to traders & investors alike. If only there was an indicator that simply you to "buy" at the "right" time.
Oh well, maybe next time.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
January 07, 2020, 06:39:08 PM
#69

I agree with others. This run should not be considered as bull run for now.

Why others are excited. If this will trigger the bull run then good. Expecting too much after this small run might again bring disappointment to others if ever their expectations didn't meet. Let see if bitcoin can build support at this level. During the last time, bitcoin price hits $8,000, many think that this level does have a strong resistance but the wall crash here and bitcoin goes down below $7,500.

This is a good sign but please, patience people, patience.

Who would even consider this a bull run though? Yes we did reach 8k levels but it's just a few hundred dollars up which is something that bitcoin's been doing quite regularly. People shouldn't get too excited about this, instead, we should be a little more wary. Nothing's wrong with being critical minded all the time especially when it comes to something that swings as easily as the crypto market.
legendary
Activity: 2940
Merit: 1083
January 07, 2020, 05:47:24 PM
#68

I agree with others. This run should not be considered as bull run for now.

Why others are excited. If this will trigger the bull run then good. Expecting too much after this small run might again bring disappointment to others if ever their expectations didn't meet. Let see if bitcoin can build support at this level. During the last time, bitcoin price hits $8,000, many think that this level does have a strong resistance but the wall crash here and bitcoin goes down below $7,500.

This is a good sign but please, patience people, patience.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
January 07, 2020, 05:41:26 PM
#67
That was a good start and it simply means that the coming days will be possibly more on pumps rather than of dumps.
We step back again to $8k this month, it might be at $9k next month ( and I hope so)...

Have to track this thing and this is only the way to stop those fudders spreading negative thoughts...
full member
Activity: 966
Merit: 153
January 07, 2020, 04:57:39 PM
#66
The price increase does not necessarily mean a bull run. I don't even think the price will go down quickly for sometime. I feel it will stay up for the month or the next.
Ironic, many where lamenting about the price drop last week or so. Now its up, we are scared again.
Let's just learn to enjoy the money and the offer it brings. If the price goes down, we take it as the market behaviour with less panic, if it doesn't, we will keep hoping for the best.
legendary
Activity: 2366
Merit: 1408
January 07, 2020, 02:05:25 PM
#65
Wow, calm down, we are testing this level again since some time ago
I hope this price sustains itself for some time, and them starts to rise slowly and steady, not pump and dumps
legendary
Activity: 3416
Merit: 1225
January 07, 2020, 12:24:21 PM
#64
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?
We go to the next level, people are expecting and hoping for this, it could be a start of the bull run, we can only speculate remember last few months ago we got over the $10000 level and we got back in the $7000 level, the volatility made us not to makes things final, so I would say we have bull rum, for now, let's see in a few weeks, we'll take it one step at a time.
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
January 07, 2020, 12:21:31 PM
#63
Bitcoin is having a small run, we just touched at $8000 as per Binance record, its 24 hours high is $8000.

Two months ago the price was $9300, and looking at the current price of $7900 doesn't seem like a big deal compared to $ 9300 which was the price two months ago.

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

If break the price of $8000 it will probably reach $8500, then we'll see if can stay above $8000 and if it will reach $9000 in the coming weeks. Anyway in the crypto world when the word "halving" is at stake the price starts to go up a lot. So maybe people are buying a lot to anticipate halving
sr. member
Activity: 962
Merit: 269
CryptoDirectories.com
January 07, 2020, 11:52:03 AM
#62
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?
its just good to see that bitcoin price is rising slowly.
but it's reasonable for the price to rise because of the incoming halving.
sr. member
Activity: 625
Merit: 258
January 07, 2020, 11:40:27 AM
#61
I do believe it will still grow even further based on such information: https://bitcointalksearch.org/topic/m.53545336

According with previous history we all seen how much price will grow due to miners hard attempts of mining next blocks since there will become even lesser.

It is going to be increased even further due to US <-> Iran recent news as well.

So probabily reaching a new high value since 2019's $13.000 mark.
hero member
Activity: 1273
Merit: 507
January 07, 2020, 11:37:21 AM
#60
After bitcoin touch $8000 next time you will see bitcoin raise above $10k before January, before late bitcoin raise above $10k you must invest with bitcoin and keep holding just one month later to get double profit with your bitcoin investment. Many good event for bitcoin in two months later and have chance to get profit with bitcoin by raising up to higher price.
I think bitcoin bull run will not start now,  Because many whales are preparing for massive fuds that forcing people to sell thier bitcoin so that whales will have opportunity to buy cheap bitcoin price.  Maybe bitcoin bull run will start in 3rd Quarter of this year and i think price of bitcoin will not reach $ 20,000 again.  Because many investors will secure thier profit when they see price increase again.
member
Activity: 273
Merit: 18
January 07, 2020, 11:30:14 AM
#59
Since the last high of $13700 was only 6 months ago I think this is a short term blip before we go back on the long term decline to the next bottom of between 1 and 2 thou.

Don't be left holding the tulips boys.
sr. member
Activity: 1344
Merit: 270
January 07, 2020, 11:21:17 AM
#58
After bitcoin touch $8000 next time you will see bitcoin raise above $10k before January, before late bitcoin raise above $10k you must invest with bitcoin and keep holding just one month later to get double profit with your bitcoin investment. Many good event for bitcoin in two months later and have chance to get profit with bitcoin by raising up to higher price.
legendary
Activity: 1120
Merit: 1000
January 07, 2020, 11:19:40 AM
#57
So what's next? Buying as much as you can before the price goes up, I personally hold bitcoin for a long term, so I'm not gonna sell them before or after the halving, just wanna see how the market responds after this third halving. I believe it will follow the trend of the previous halving. People mentioned above that it might hit $ 10.000 USD again, yeah seems like we're gonna see the $ 10k this year.
sr. member
Activity: 1624
Merit: 267
January 07, 2020, 11:02:05 AM
#56
Im happy to see again $8000 per bitcoin and maybe this is the sign of the bull run but it's no really sure if this is really it. All we must to do right now hold and buy a bitcoin and promote this to our friend so they invest too that help to booze the price of the bitcoin.  This week I really hope and want to rwach bitcoin the value of $10,000 and I think we can do that if most of the trader hold their bitcoin.  The price of this coin right now is depends to us if we want bull run we need to cooperate but sadly not most of the trader do that because other people want bitcoin to down or to dump.
full member
Activity: 1736
Merit: 116
January 07, 2020, 10:45:30 AM
#55
Finally bitcoin can return to the price of $ 8000, after several failed attempts. But it is still too early to conclude that this is
bull run. It could be this is only market manipulation by whales, we really need to be vigilant. We still have to monitor, we
continue to be sure that what is happening today on bitcoin is really bull run. Hopefully if true bull run, meaning I'm more
confident after halving later the price will rise.
full member
Activity: 413
Merit: 105
January 07, 2020, 10:31:01 AM
#54
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?
I think this is a good sign that bitcoin is slowly recovering from the dump last year relaying in the bitcoin news we could easily see a lot of legalization of bitcoin in a lot of countries all over the world.
Surely this is an effect the market price in influencing a big community or a country so I think bitcoin could recover and make the bitcoin market price increase as the community also becomes bigger.
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