Bitcoin Forum

Bitcoin Price Surges From $6,190 to $6,450 in Seconds, What’s Next For BTC?
In seconds, the Bitcoin price has surged from $6,190 to $6,450, by more than 4 percent, after the dominant cryptocurrency remained in the low $6,100 region for more than 24 hours.

The sudden increase in the price of Bitcoin on September 9 was not expected by the majority of analysts and investors in the cryptocurrency market, primarily due to the sheer magnitude of its drop on September 5



Erik Voorhees Comment is Spot on
In previous market recaps, CCN consistently cited the statement of ShapeShift CEO Erik Voorhees, simply because it accurately summarizes the movement of the cryptocurrency market.

On August 25, on CNBC Crypto Trader, Voorhees said:

“I don’t expect it (bear market) to end soon, although I do think that the rate of collapse has slowed considerably. Generally in these bubbles, after you go through several months of a downtrend you hang out in a range for a while… But I think we are done with a majority of the collapse.”
https://www.ccn.com/bitcoin-price-surges-from-6190-to-6450-in-seconds-whats-next-for-btc/

What's next for bitcoin?I would say nothing important.Why do you bother positng thereads here about a 4% bitcoin price increase.Bitcoin price goes up and down +/- 5% almost every day.The opinion of Eric Voorhees is pretty much similar to every crypto expert's opinion.The big price drops are over.

Price can be fluctuating at any time and no one can predict the price correctly. I believe at the end of this year bitcoin price will reach $12000.

You should visit the speculation section so, they create a thread each time the Bitcoin price increases by $10.
Others than the panic sellers and newbies, who care when a 5% change occurs? You go to the toilets and the 5% is gone like it never happened. But we've seen much worse than 5% a hundred times

LMAO. What makes you think that bitcoin will go $12K at the end of the year?


Exactly, do we really need to reports every increase or when the market farted? Lol. What we see is just normal fluctuates nothing else. And the same Eric Voorhees who's enforcing KYC to used his exchange platform? You gonna be kidding me. hahaha!!!

Maybe BTC is heading for the upward trend in terms of price. Even a 4% surge is a very tiny one, but every number and percentage matters in this market at this stage.

That's an interesting news. Bitcoin is the most potential coin in the cryptocurrency market and I think it has a great future ahead. Within just a second, the price of Bitcoin rises from $ 6190 to $ 6450. I think price of Bitcoin is getting more stable day by day.

Wow ! That's a great news. The price of Bitcoin has increased from $6190 to $6450 within just one second yesterday. This maybe because of the reason that the price of Bitcoin is being more stable nowadays. I hope the bulls will start trending soon.

BTC will go up and down. There is nothing to get excited about a 4% increase. But yes, this would mean that the coin is going to increase further more in the future.

It is a good sign that the price of BTC is going up. If we remain a bit more patient, we might be seeing the bull run soon at the end of this year. But we need to play our end of the role too, that is by investing in the coins to keep its demand up and steady. Even though 4% is a very short increase, but every little numbers count now.

Even though a 4% increase is very low, but this will be able to give hope to the people that the market is heading towards a positive move.

I think it is now time to for the bull to wake up and run. After so many downtrends, the only way is to go up. I pity those weak hands who sold their coins because of the bloodbathe. Bitcoin and altcoins will soon start to go upward. Let's hope that it will exceed the ATH last year.

Again it's now back to 6,300$, are you happy now? Bitcoin prices are showing fluctuations for quite some time now. Before rising up to 7,500$ recently, it regularly fluctuated between 6,100- 6,400$ level. So, the fluctuation is quite similar now and there's no point in posting whenever a very insignificant amount of price goes up and down.

This place has become a joke now. In fact,the whole crypto community is. Whatever name crypto had built for itself in 2017,idiots are trying their best to smear it. The stupidity of people goes beyond explanation.

Whatever is next for bitcoin,I can give you hint: its going to affect the price, even if it is not related at all to bitcoin. You know the answer,come on.

LOL the news articles are starting to look the same as they repeat the same thing over and over with a different title each time price goes up or down. when it goes 5% up they call it "surge" and then quote some random dude talking about it, then it comes down 5% and they call it "crash" and then quote some other random dude. neither of these dudes might even have said anything in first place :D

what's next? the same thing as always, more stable price where people confuse the fluctuations with surge and crash, possibly some FUD to push it down then eventually rise as it can't stay down forever.

We cant predict next about bitcoins, even experts about tradings and investors but some says that there's a comeback in bitcoins price in the market, but it is just a prediction of some bitcoin enthusiast.

Having said that, by means of having a limit if -/+5% your speculation would goes on and on about increasing bitcoin price? But how if inflation rate gets involved in the situation what is the Plan B?

We experienced share markets previously. Though BTC doesn't work perfectly in that way but this price surge looks like BTC is gaining it's value as days are passing. On the other hand, countries are being interested in this sector. So, in the near future, BTC might be the best deal yo be dealt.

The next thing is stable prices and more adoption! I feel O.P. is a stock trader for he considers 5% as a surge in price. Bitcoin is volatile it can increase and decrease 5% at a single commercial break.

This is a very natural process of bitcoin. It usually varies from 5-6% each day. I don't think this is a matter of concern now. If it goes down above 20% then it will become riskier for all of us. But this is something that usually happens so we don't need to be worried about.

This is an exceptionally common procedure of bitcoin. It normally shifts from 5-6% every day. I don't think this involves concern now. In the event that it goes down over 30% then it will end up more hazardous for every one of us. Be that as it may, this is something that generally happens so we don't should be stressed over.

It is a very normal scenario. Nothing to be cherished about. It is all cryptocurrencies nature that the price will go to top from bottom in few seconds. So, everything is normal for bitcoin now I suppose.

Its still early to say that we will see any breakout from here. 3-4% upward movement is nothing. This kind of upward and downward movements have been happening in bitcoin since the beginning of the year.

I think we have to see the bear market for a long time. But it may offer more investors to join in the industry. Then there is a possibility that the bear market will end from my opinion.

The whole market is getting confusing but i think we should keep some patience. I am hoping that the 8000 USD barrier will break by this year and the bull run will come in the beginning of 2019.

The price is floating under 6500 USD now. We can't predict that when the bearish market will end. Because it were looking like an end for many time but it weren’t. So i think we will have to wait more.

These are small milestones for bitcoins. Bitcoins could show us a immense price ahead if the investors keeps on supporting them. Bitcoins always have some dump before a pump and this situation is been into consideration for now. We already saw a bearish market where all the investors sold their coins in panic. Investors are again getting back and filling their pockets now so we can expect a better future ahead.

This is a great spread to makes more money, congrats to those that bought the low and sell the bounce

It is great that BTC is growing so fast. But we can't be sure that constant rise will happen because right now cryptos are so unstable and volatile. I hope that it is the beginning of new era

Can you show me the point in the charts where it happened in seconds?

Anyway, just open up the charts a little and look back for 7 days and for one month.

What's happening now is good, but as of yet insignificant. We're still in short term dip territory, so buying with intent to sell within the month for a bit of profit is not a bad idea.

Maybe after a long time such a big price hike. But not seeing anything special here. Eager to see the closing price this year. Now it's harder to predict BTC more than ever before.

This is very much uncertain. There is nothing to be surprised. Price of bitcoin is always up and down. So there is nothing to think about it. Just wait and see what is going to be happened.

This is great. The market is going to stable and the price of bitcoin is rising. So very soon we will see a huge price hike of bitcoin. Maybe by the end of the year we will see a blast in the price of bitcoin.

It only means that bitcoin break a trend of going bullish for a while. Don't get excited again, we have seen this many times in the past, bitcoin making a break out run, then bots/day trading, dumping as soon as their are clear profits to be made. Another bull trap or bull run? We will soon find it out. Alts is also gaining momentum, which means the whole crypto has somewhat recovered and ease some pressure especially on coins like ETH. Anyways, just keep on monitoring the price, maybe we can go back to $7000 before the end of the month. But just prepare for anything worst than can happen.

Alright, at least we're now having great visionary here and with respect to potential profit which we could see in the next few days to go; the challenges actually cushioned us in order to be much more observant and strong enough. We should be able to gain confidence along with the positive vibes, that we have acquired from the greatest dip history of the bearish market trend. For now think of hodling your asset and don't ever lose grip from it.

Yeah now price of bitcoin is rising. So the bullish run is going to be start. This is really great for the holder of bitcoin. We will definitely have a very good market very soon. So let’s enjoy.

It's power of Bitcoin and cryptocurrency.It was a expected one for me.The long term holders will get good profit now.As we know the price of bitcoin is fluctuating often,many experience traders will hold their Bitcoin for the right time.This is the time to sell,if the holders is satisfied with this price.They can sell now to get some profit.

The price of bitcoin has suddenly been increased 4 percent. I think the increase in the price is a great sign of the future of bitcoin. So, I think the investors can invest without any hesitation.

In this year, there were many ups and downs in the price of crypto coins as well as bitcoin also. But now it’s started increasing. I believe that it will reach 20k dollar at the end of this year.

I knew it 😊. Bitcoin is the emblem of our future currency. I think people should invest more in bitcoin when it is low. Then they will make a profit form bitcoin in future. I am sure that the price of the bitcoin will increase more.

A practical open door for new financial specialists to come into the market would be in the adjustment and bottoming out process, amid which BTC indicates high steadiness in the low $5,000 to $6,000 area.

The sudden increment in the cost of Bitcoin on September 9 was not expected by the dominant part of examiners and financial specialists in the digital currency showcase, essentially because of the sheer size of its drop on September 5.

No idea, but this might be a good sign for bitcoin bull run. But anything can happen in crypto market. Fluctuation are common with crypto currencies. Hope this trend continues this month hitting the price by $8000 minimum. There is a less possibility for a rocket spike as like last year. But we can expect the price to be around $15k to $16K by end of this year and not like last year. Last year's growth was at moon for a different reason which can not be expected that to happen this year.

Financial specialists in the cryptographic money showcase, particularly those that have designated a noteworthy segment of their possessions into the market, need to consider the way that digital forms of money as an advantage class is still at its earliest stages.

Maybe this rise was unexpected for people and wasn't nice for others but today there was a massive rise for ethereum too, it was 20% rise which is a huge despite the fact that ethereum's price was nearly 160$, low on another hand. To my mind btc's price will play between 6000-7000 usd this month, I highly believe it won't fall below 6000 usd.

If we all stay in front of the computer and look at the prices all the time and then post on the website so everyone knows that the price is increasing  $300 in 24 hours, it only shows that we are really desperate where every increase of price every hour becomes something divine. This should not be like this, we need to leave aside that all the time monitoring the prices to post on the news site. This does not get us anywhere just shows that we are desperate.


I agree


There are lots of people who are happy about this.

I don’t understand why people are getting surprised due to this amount rise. This is Bitcoin. And its price can easily be risen or fallen. So we should take it and enjoy it’s rising of price

I think the next thing for Bitcoin is that it will have blast at the end of this year. After undergoing a long time bearish market I think the time has come to see the rise of the price of Bitcoin

This is quite normal for Bitcoin to fluctuate its price at this level. We have already seen price the price go up to $7k+ and move down to $6k+ in previous ten days. I think BTC is stuck at this price range for sometimes.

Major price increase for Bitcoin may not come quite soon. This type of price movement seems quite natural for Bitcoin. I think this price around $6K will sustain until the decision of BTC ETF by the SEC of US government.

What's next for BTC? Honestly, how big deal it was? Does it really makes sense? Or something we should be celebrated?

Yes might be a good price movement scenario for those who are expecting deeply to that bull run for long time but we must look at the situation wherein it's really making sense to think that a bull run is now happening. Let the price movement moves freely without building a speculation or too much hype just because of that happening. If the price goes up more after that crazy surge and take it to much more level within "a long period of time" then we have now reasons to believed that uptrend is now currently happening.

Bitcoin is a promising cryptocurrency with great potential. It is not a big deal for BTC to make price move like this. This may take a while for bull to come but many people are optimistic about Bitcoin.

"On the other hand they explained that BTC has not fully recovered from the $6,000 support level which it tested three times in the past six months. A proper recovery from the $6,000 region would lead to the initiation of a mid-term rally.

But, the gap between $6,000 and the monthly peak has decreased every time a correction has occurred since February, suggesting that Bitcoin is gradually bottoming out in the $6,000 region."

Bitcoin price has surges from $6,450,by more than 4%,after the dominant cryptocurrency. According to low $6,100 region for more than 24 hours.

this place is all about ups and downs, and price rate changes every moment here so if it get high on all on sudden then we should not feel very surprised about it, this is very normal but we have to stay careful cause things can be switched any moments

really! that's a very wonderful news I am glad to hear this progress but I would request the investors to not to get over confident cause situation can be fall any moment so keep the market updates and take your decision based on that

I am really glad to hear about this progress and I hope with the passes of time this will progress more but I will request everyone to stay conscious, cause over confident can spoil your progress,and cause you serious issue

it is good for bitcoin people but it should stable for bull run. market now going up and down but we can not say it is bull run. we should wait for good time which are make more profit.

it is good sign for bitcoin because bit price little bit increase.it should stable for bull run. it will increase price more than $12k and it will stable for bull run. we should wait for good time which are make more profit.

it is good news for bitcoin people. i think in nest its price will increase and make bull run. though market are going up and down but we should wait for good time which are make stable market.

Bitcoin price fluctuation is the norm for any asset. Let it be a dollar/Euro pair or dawn Jones and a dollar. There is such a thing as a corridor within which the asset moves, so you should not worry and think that all this is a collapse. Bitcoin is moving inside the range of prices 6000-7000

The bitcoin price will grow up more. End of the year it will reach more than 8500 dollar. The project of bitcoin is really impressive it will catch more customer and hopefully it grab more area.

bitcoin price actually moving. actually for me pump and dump reallynot matter. i hodl the btc until it reach my target. and i beleive it will reach on my target.

in bitcoin market there is a effect of etf i think. if etf will approved then we will see the change of btc price. and i believe at the end of year the price will go 10k.

I think yes, Bitcoin prices have soared in a very short time suddenly. Although it is only 4 %. But in particular, I think the price of Bitcoin always increase or decreases in such a way that it is considered as a normal situation.

Prices of Bitcoin and any other cryptocurrency are changing as the market's characteristic. Just increase 4 percent and that increase does not necessarily mean big things. Because I think it is a normal picture of this market system.

The price surge to 5% is nothing new in Bitcoin. Imagine how many people have observed such price movement and may have reacted positively and bought more Bitcoins in hopes that the sudden uptrend will continue and will result to instant profits specially now that Asias ghost month is over, there will be more investments coming from that side of the world.

I agree because everyday the price of bitcoin is changing even we are on bearish market or not. So I think even we on down trend what the say of every crypto expert is not important because it's depending to what people will choose.

It is impossible to guess exactly what is next to Bitcoin. Because Bitcoin has only increased by 4% and it continues to increase and decrease constantly. It is difficult to guess that how much it will increase even more.

I think it's good to celebrate first yet  it's too early to expect a bit of progression from the market but this pump is not that bad for most of us traders. That price sudden changes is just normal and will going to get back normal prices in a few days.

It could be a incredible news for the speculator. Cost is rising slowly.as an speculator my trust is cost will be increment more inside few days.

if bitcoin can rise quickly, bitcoin can also go down very quickly, yesterday the price of bitcoin dropped by around $ 300 in just seconds. the price drops like a falling stone.

It may be a awesome news for the financial specialist. Cost is rising slowly.as an financial specialist my trust is cost will be increment more inside few days.

It's too much fluctuated that's why tough to predict something about it's market price. But that's very good for bitcoin. It's can be down again but there a great chance to rise in high market value.

This is not that unexpected especially to this price point.   I consider every point of resistance or ceiling as also having magnetic properties so BTC price being attracted to this level after seemingly doing nothing is quite normal and fits within a repeat of previous action.

Many times before for alot of August and previously we have traded between 6100 and 6500, its a ping pong effect or squash court where we bounce off the walls while the market is sorting between buyers and sellers.    Its more exciting when we leave this range, a rapid movement within it is a calculable risk to many speculators I think

This is the last quarter of this year and we know bitcoin has a trend to go high in the end of the year. Hope it's the sympton that it's going to continue it's trend this year.

It is not very surprising about the upward price of bitcoin. There are always ups and downs happens in bitcoin. So it is normal I am not thinking about what happened next I am just concentrate the price of bitcoin and my investment.

Last quarter starts October 1st :-)

That's a quick run and that's proof bitcoin is tottaly unpredictable and it's can be improve from it's down market. People can trust on bitcoin now. It can be reach on a high value in the last of this year.

I heard the news and this is true. Bitcoin has started soaring up in its past pace. from 2014 to 2018 it was rised 5000%. Just Mid of 2018 was a bad weather of Bitcoin. I believe very soon it will get it pace back.

I think bull run has started. according to this news $250 surge in just 2 seconds. It is unbelievable!Most of the exparts predicting that, from the 2019, it will soar up, But started now. If it keeps its bull run, it will hit $9000 i believe.

Not only bitcoin all the legit first line crypto coins have passed out its bad days it is their bright day ahead and for bitcoin its more bright , the price of bit coin reached at 6K from 3K in just one and a half year its is now in a slandered and fixed region 4-5 percent change doesn’t actually any change.

We are talking about the crypto market the most uncertain market in the era. There are drastic changes in the market the market have changed so much in last 2-3 years but now it is more stable but it is steel changing slightly. The up in bitcoin cap is part of it.

You can't say anything for certain now because anything can be possible these days. The suddenly rise in price of bitcoin is incredible and that's what we want, but we still need time to tell if this is a coincidence or a solid rise of bitcoin.

Next is red candle and price is coming back to 6190$
It is always play with Tether and future market
little up and little down
No money for serious growth nobody wants that btc fail below 6000$ so we have that what we have
One day all that market games will end
Already OKEX ceo was arrested for market manipulation

To be honest. If the Bitcoin ETF is approve now, we will only see the effect for just a month before people start to dump their coins because the cryptocurrency market usually experience a lot of shorts during this time and every soon people we also sell some of their for the end of the year holiday. Therefore, it will be next year before we can see much bull run or effect of bitcoin ETF that's if it was approve.

Yeah to see the price chart of bitcoin it seems normal such difference. There is nothing to wonder about the price growth in seconds. You will also see dip more than this in seconds also. So be patient and wait for more rises in the price in the near future. People cannot bear anymore dips in the price. If this situation continues for some more time, people will convert their money to Altcoin or withdraw their investment.

I think this is a good start to raising the price of bitcoin,and maybe in the last quarter it will rise again as fast as last year. And I don't think anyone knows for sure the price of bitcoin in the future

Well there haven't been any approved etfs yet so what are you talking about? A price rise of 300 dollars isn't really something out of the ordinary that should get you excited.

If the growth continue like this for some days it will cross $10000 in this month, but the problem is that when the price moves up a little bit suddenly it collapsed and down again. That’s why $6000 is the constant price for bitcoin from the beginning of this year. When the market cap of bitcoin increases and there is no market manipulation the price will automatically go up.

I want to assume that people love getting excited for so many reasons best known to them, maybe because they are really in dire need to see a bull run or because they just want to keep making themselves hopeful and happy. Well, the latter is not bad anyway as long as they tend to be reasonable with it.

I also do not even see how ETF approval should be something to be looking forward to that much, and better to just concentrate on the market as it would behave however it wants to behave when the time comes.

Well, you have to understand that everything takes process and before we can even start seeing the possibilities of $10k, we may have to pass through some strong resistances and be able to trade above them for a while.

Nothing is guaranteed or certain yet in the market with the way things have been for a while now, so I would not be too optimistic or pessimistic at the same time, and I would rather just stick to whatever the trend decides to bring in the long run.

I think there is nothing important happened here, this is just usually fluctuation in Bitcoin price and nothing more. These price movements happen every day.

You have point because no one in the experts will predict what will be the next price of bitcoin and we know that. Every second the price of bitcoin is changing so bearish or bull be thankful that we know what bitcoin and we can make a profit.

the current bitcoin price seems to only be stable at a price of $ 6k up to the price of $ 6.5k and cannot increase the price more than that, the price of bitcoin is still very cheap so you can buy bitcoin when prices are as cheap as you can.

That's the scenario that's happening last year when bitcoin reached an all time high at 20,000$. But sad to say that what you have witnessed is just a sudden spike that never last long. What the people are waiting to happen is long weeks of bitcoin price hike.

OH SHIT I thought this thread was from today haha. So it seems that the move we saw today happened in September as well, yeah probably nothing else will happen, Bitcoin always fails to see follow through after big moves lately.