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Topic: Will Bitcoin recover again above $ 8000? (Read 13283 times)

legendary
Activity: 2590
Merit: 1882
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I think it is not a momentary bomb, because at the moment there have been many massive purchases, it seems that there are new investors entering the market.

If we take into account that we are in an accumulation phase we have that the market is not bullish or bearish, that is, the market has an accumulation phase since 2018, something similar to the one it had in 2014 to 2017.

In this type of phase it is very likely that the price will rise to levels of $ 10K or $ 11k, which indicates that volatility may now be very high, and there may be slight or strong drops, but when you see the order book of some Exchanges You can see a large volume of purchases so it is somewhat difficult to have a correction.
full member
Activity: 546
Merit: 100
Yes, today I see the price of Bitcoin returning to $ 8000, and this is an easy thing for Bitcoin, because at the moment prices are showing a positive trend, so to reach that price is very easy, and hopefully the price will immediately increase back to $ 10000.
legendary
Activity: 2282
Merit: 1023
I wasn’t worried at all at seeing the prices struggling to break again $8k levels. Because, I know it will pick up again, but I only made a little mistake during this period, I am a profit taker, so I took my profit when the price went to about $8250 since I already knew there would be a correction, after taking profit, there was a little price correction to $7100 which I bought immediately.

Little did I know that wasn’t going to be the last price correction, now it has plummet dipper and this is which is when I would have bought. Anyway, I know the price will continue to bounce back till we further break more barriers. This dip is another chance for those that wants to buy because from now, we will continue to rise non stopping again.
If you think that the price of bitcoin could not break certain resistance and plan to book profit since the value increased by a big margin in the past few weeks and broke several resistance but the problem that could come up is that you might not get a chance to get back again and i had the same instance in the past rally, if you are lucky enough you could get back below the selling price during these market situation. I will not take much risk in the market and never sell anything until i see a massive sell off.
full member
Activity: 460
Merit: 100
Yes for sure! and its happening this day and I guess this not enough to make us convince i believe there is still more pump to come, since there are still many quater remains on these year. We hope and we pray this bitcoin correcrion will have mich more corr3ction that might come into $20,000 or above just like what happen way back year 2017.
member
Activity: 210
Merit: 13
Bitcoin price is currently $8,092.

Next question!
full member
Activity: 1344
Merit: 102
Will now bitcoin is increasing we can see again $8000 and I think there is possibility that bitcoin reach $9000 this month.
hero member
Activity: 1778
Merit: 746

I see there are not much movement (for me, it is ok if people have different opinion) that is why until now i believe bitcoin price can be more than now. Because it happens in a lot time when bitcoin take long time in dips, it keep increased again after that.
now we can see that. a few days ago the price of bitcoin again fell below the price of $ 800o, and now the price of bitcoin is starting to recover. I am absolutely convinced that the price of bitcoin can be more than $ 8,000. even though it's not stable, it's really potential, and very similar to 2017.
legendary
Activity: 1512
Merit: 1041
If yesterday, Bitcoin had a price of $ 7400, today, according to CoinMarketCap, its price is already $ 7900. Thus, he actually restores his previous price index, which he had before the departure for correction. At the same time, this indicates that his last price drop was indeed a correction, which means that Bitcoin will continue to grow in price. Therefore, in the next few days, Bitcoin should rise to the level of 9000 dollars.
We may still have some people that will be doubting if the last correction we saw would be the last for now and not make any move to invest now and expecting further decline, but I am really sorry for them, now that the market has picked up again which was quite so early, I am of the belief that we will be setting foot on $9000 soon.

So as usual, we who believe bitcoin to have already started a bull journey that will run throughout the year till next year should continue holding our coins, and we will see a very substantial increase on our investment which can still not be compared to the increase next year after we peak.
jr. member
Activity: 280
Merit: 1
Always the same questions like people never learn anything
Bitcoin price moves in cycle, price is volatile and it's fluctuating. Sometimes that means it goes up and sometimes it goes down. The fact that now the price is in correction doesn't mean it will not recover again. Have some patience and learn how the market is functioning, things might get a little more clear to you.
You are right, prices always fluctuate from the past to the present. When bitcoin rises above the price of $ 8000 and currently declines at $ 7500. I am always aware that this is indeed a natural thing in general. We must really understand the market conditions so that we don't make mistakes in making trading and investment strategies. I hope the conditions will continue to improve and await a brighter crypto future. Thank you.
hero member
Activity: 1932
Merit: 504
Today Bitcoin is almost touching $ 6000, even though it is currently down slightly at around $ 5900. Under current market conditions, what do you think? Is this a momentary pump or is this a real change in condition? I think this is a change in conditions towards the start of the bull.
Actually bitcoin hits 8k price two times this last few days and I feel that it will continue to rise and it will surpass the $8k price in the next few weeks. Bull run is started so we don't need to be worried even the price drop a little bit I feel that all price in the market will be continues to rise.
Few days back the price hit the $8000, further the price has been very strong around $7800-$7900 and now it has been experiencing some downtrend with the price of bitcoin reaching close to $7700. Though we all say bull run started, we haven't experienced the real growth that takes place with a bull market. Hoping for such a growth over the falling month or by the ongoing month end.
I see there are not much movement (for me, it is ok if people have different opinion) that is why until now i believe bitcoin price can be more than now. Because it happens in a lot time when bitcoin take long time in dips, it keep increased again after that.
legendary
Activity: 2646
Merit: 1106
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Today Bitcoin is almost touching $ 6000, even though it is currently down slightly at around $ 5900. Under current market conditions, what do you think? Is this a momentary pump or is this a real change in condition? I think this is a change in conditions towards the start of the bull.
Actually bitcoin hits 8k price two times this last few days and I feel that it will continue to rise and it will surpass the $8k price in the next few weeks. Bull run is started so we don't need to be worried even the price drop a little bit I feel that all price in the market will be continues to rise.
Few days back the price hit the $8000, further the price has been very strong around $7800-$7900 and now it has been experiencing some downtrend with the price of bitcoin reaching close to $7700. Though we all say bull run started, we haven't experienced the real growth that takes place with a bull market. Hoping for such a growth over the falling month or by the ongoing month end.
member
Activity: 304
Merit: 10
0x1b2d294ab6ca449e34F946B86540cd342cF49100
Today Bitcoin is almost touching $ 6000, even though it is currently down slightly at around $ 5900. Under current market conditions, what do you think? Is this a momentary pump or is this a real change in condition? I think this is a change in conditions towards the start of the bull.
Actually bitcoin hits 8k price two times this last few days and I feel that it will continue to rise and it will surpass the $8k price in the next few weeks. Bull run is started so we don't need to be worried even the price drop a little bit I feel that all price in the market will be continues to rise.
member
Activity: 210
Merit: 13
Over the past few days Bitcoin has been in a slight downtrend. Over the past few hours Bitcoin has went down almost $300. It is at $7676 right now.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
I wasn’t worried at all at seeing the prices struggling to break again $8k levels. Because, I know it will pick up again, but I only made a little mistake during this period, I am a profit taker, so I took my profit when the price went to about $8250 since I already knew there would be a correction, after taking profit, there was a little price correction to $7100 which I bought immediately.

Little did I know that wasn’t going to be the last price correction, now it has plummet dipper and this is which is when I would have bought. Anyway, I know the price will continue to bounce back till we further break more barriers. This dip is another chance for those that wants to buy because from now, we will continue to rise non stopping again.
Do not think too much about it, it is quite difficult to predict the top and the bottom and to take action when that happens, as long as you got profits out of it then you are doing a good job, my strategy does not depend on predicting the markets perfectly and yet I have tested it and it works, so as long as you have a well defined strategy which earns money that tells you what to do and you follow it then there is no point in regretting losing a few dollars here and there.
full member
Activity: 447
Merit: 108
You can now see for yourself that your speculation about $8000 has finally come to fulfilment and I must state here that the increase is the value if Bitcoin to around $8000 or thereabouts is not a pump but as a result of the forces of demand and Supply.
legendary
Activity: 2338
Merit: 1124
I wasn’t worried at all at seeing the prices struggling to break again $8k levels. Because, I know it will pick up again, but I only made a little mistake during this period, I am a profit taker, so I took my profit when the price went to about $8250 since I already knew there would be a correction, after taking profit, there was a little price correction to $7100 which I bought immediately.

Little did I know that wasn’t going to be the last price correction, now it has plummet dipper and this is which is when I would have bought. Anyway, I know the price will continue to bounce back till we further break more barriers. This dip is another chance for those that wants to buy because from now, we will continue to rise non stopping again.
full member
Activity: 364
Merit: 100
If yesterday, Bitcoin had a price of $ 7400, today, according to CoinMarketCap, its price is already $ 7900. Thus, he actually restores his previous price index, which he had before the departure for correction. At the same time, this indicates that his last price drop was indeed a correction, which means that Bitcoin will continue to grow in price. Therefore, in the next few days, Bitcoin should rise to the level of 9000 dollars.
jr. member
Activity: 280
Merit: 1
Today Bitcoin is almost touching $ 6000, even though it is currently down slightly at around $ 5900. Under current market conditions, what do you think? Is this a momentary pump or is this a real change in condition? I think this is a change in conditions towards the start of the bull.
I think it's difficult to say it now that bitcoin will reach $8000 because some exchange have difficulties about USDT and tether decision let's see what will be happen in a next few days and weeks about the price.
I actually strongly believe that there will be a significant change for bitcoin, we know that at the moment it has already broken through $ 7K, this means that there is a good movement to be able to continue to move up. this is a momentum for bitcoin to start moving up and it could be the beginning of events like 2017.
I find this to be better than the 2017, we haven't crossed the second quarter of the year. Possibly by the end of the second quarter we can expect the market to reach $10000 and further there might be some form of gradual growth which would take the price forward reaching new ath before the month of halving.
So far, we can say that Bitcoin continues to grow non-stop in price and after the longest period of the bear market, this cannot but please us. And this happens in the present tense. If an hour ago the price of Bitcoin, according to CoinMarketCap, was 7185 dollars, now it is already at the mark of 7200 dollars. Of course, at this rate, he may well overcome the price of $ 8,000 and this can happen as early as next week. However, Bitcoin is unpredictable in price. At what price level it will stop and whether it will go on correction soon, while we cannot predict.
For me going up and down the price of bitcoin is normal if we look at it from the start, yesterday reached a price of more than $ 8,000 and is now back down at the price of $ 7300. I will remain optimistic about the increase in bitcoin prices which will continue to grow well. Buy now and hold it until the beginning of the third quarter. It is likely to reach $ 10k. That's my prediction and hopefully so.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
Always the same questions like people never learn anything
Bitcoin price moves in cycle, price is volatile and it's fluctuating. Sometimes that means it goes up and sometimes it goes down. The fact that now the price is in correction doesn't mean it will not recover again. Have some patience and learn how the market is functioning, things might get a little more clear to you.
jr. member
Activity: 378
Merit: 2
bitcoin even could rise more than 10k dollars, there were some positive sentiments that made the price of Bitcoin rally.
You only need to be prepared for everything that might happen.
I have been prepared all of this time and I'm just waiting for bitcoin to start getting into that level again. There is more positive movement this time than last year and it encourages everyone that we are on the bull run. More money is getting in on the market now and it is likely that came from the instituions despite of Binance hack last time.
actually bitcoin has entered at a price above $ 8000, it's just that I see that this is still unstable. several times the price of bitcoin touched a price of $ 8300, and then dropped back. I think in the near future, the price of bitcoin will stabilize above that price. now all we have to do is hold back.
Bitcoin has now fallen in price, but it seems that this is its temporary correction. For several days, it held in price above $ 8,000, but today, according to CoinMarketCap, it has dropped to $ 7,134. This is normal for him even during the period of his growth, so after some time we should expect his further growth. Therefore, this year he will definitely overcome the mark of 10,000 dollars, perhaps this will happen even in the near future. True, what will happen next is still quite difficult to say.
I think this correction is needed for bitcoin to gain more momentum, what we have seen from the drop of $8400 to $7200 is, more investors are rushing to catch cheaper price levels. I think I am also of the opinion that next likely value bitcoin might touch from this momentum will be $10,000.

It really takes strong hearts to really deal in this market that is so much full of unpredictable things, some people are still believing strongly that the market will still get a big corrections to $5800 before the big bull run which they could even prove technically, but the point of correction is what is yet to be known, which I am suspecting it to be from $10,000. What do we think?

The correction is definitely needed for the market to gain strong demand because if the market was just experiencing surge in price without any dump that mean price manipulation is involved and that may lead to another blood bath before the Bitcoin halving. However, the reason why the Bitcoin market dump sharply was because a whale dumped 3,645 BTC ($27 million) on the crypto exchange Bitstamp.

Are you sure this is a whale, or probably those that stole Binance 7000 btc are beginning to sell it off.
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