Bitcoin Price Jumps Above $4,800 for the First Time

[leonair]

Bitcoin's price briefly passed above the $4,800 mark for the first time today.

According to data from CoinDesk's Bitcoin Price Index (BPI), the price of the cryptocurrency hit a high of $4,802.74, before falling back to levels seen over the past few hours of trading.

Courtesy: CoinDesk

Guys what would be opinion upcoming months and what is expected price in upcoming year. Normally price use to bump when we nearing new from Dec 20 to Jan 1.

This is a very good news about bitcoin itself as it is show casing the power of it above any other crypto currencies, I believe that it will surpass the $5,000 mark before September ends. And maybe it will surpass or reach $7,000 mark before the year 2017 ends. It is not too late to invest in bitcoin though after all this events.

[kwukduck]

I don't want to sound like Kwuckduck, but it's rising too much, too fast. $4800 looks great, $5000 and $8000 prognosis is wonderful.
But sooner or later a correction has to come. And it will hurt. I don't know if this is going to happen before the SegWit2x schedule or later (next year?)... with some luck it will be as short as the pre-SegWit turmoil.

You don't "sound like KwukDuck".
You sound like one of very few people here with some sanity and realism left in his brain.

[AngelSky]

Bitcoin's price briefly passed above the $4,800 mark for the first time today.

According to data from CoinDesk's Bitcoin Price Index (BPI), the price of the cryptocurrency hit a high of $4,802.74, before falling back to levels seen over the past few hours of trading.

Courtesy: CoinDesk

Guys what would be opinion upcoming months and what is expected price in upcoming year. Normally price use to bump when we nearing new from Dec 20 to Jan 1.

This is a very good news about bitcoin itself as it is show casing the power of it above any other crypto currencies, I believe that it will surpass the $5,000 mark before September ends. And maybe it will surpass or reach $7,000 mark before the year 2017 ends. It is not too late to invest in bitcoin though after all this events.

You are correct .Not many People accepted this.The price of bitcoin reaches 4800$+.This shows the growth of bitcoin in a couple of days and weeks. At August 1 ,some may thought the bitcoin will disappear. But the bitcoin over come all the things and shine after that also.Here is the proof for that.

[Coffee135]

I like the behavior of bitcoin this year. Every year bitcoin is growing exponentially. A little more and I really start to believe that it is possible to become a millionaire. We'll see what happens, but the price is $ 5000 I also like.

[logicgate]

We are on the right path. C'mon bitcoin. Let prove to us that you can become better, greater and more expensive. More investors have spent more and more money on bitcoin. Not only bitcoin, the whole crypto market has also increased, too. Cryptocurrency is now the trend of this decade

Unbelievable! Two days ago it was 4575 dollars and now it is 4715 dollars
Dude sometimes when I check the new price, I get stoned. For few moments I don't believe my eyes. Though I expect the rise already but still every time watching it converting into reality is shocking. Bitcoins rock!! Feeling out f the world!!!

[Saidmod]

Bitcoin's price briefly passed above the $4,800 mark for the first time today.

According to data from CoinDesk's Bitcoin Price Index (BPI), the price of the cryptocurrency hit a high of $4,802.74, before falling back to levels seen over the past few hours of trading.

Courtesy: CoinDesk

Guys what would be opinion upcoming months and what is expected price in upcoming year. Normally price use to bump when we nearing new from Dec 20 to Jan 1.

This as i expected in early september i think this is a good sign that this september it may reach $5000 finally and by december i am looking forward to $6000-$7000 price range before the year change.

[Taxidermista]

$4930

[xypos]

Bitcoin's price briefly passed above the $4,800 mark for the first time today.

According to data from CoinDesk's Bitcoin Price Index (BPI), the price of the cryptocurrency hit a high of $4,802.74, before falling back to levels seen over the past few hours of trading.

Courtesy: CoinDesk

Guys what would be opinion upcoming months and what is expected price in upcoming year. Normally price use to bump when we nearing new from Dec 20 to Jan 1.

Currently the price is at $4900+, and seems to have no signs of stopping.

I would think that the price will at least $5k this month. Whether it is able to stay up there or not, i'm not sure. Depends on how segwit2x turns out, if it turns out well then we could well establish $5k as a floor for now.

Basically a $150 profit per coin at least in less than 24h once again, shows how crazy this currently is. I would be cautious entering.

[Clark05]

For sure bitcoin world as of now is very happy because the price is not 4800 dollars its already 4900 dollars and counting and I think last 1 hour ago the price reached 5k dollars. Correct me If im wrong but I see that. But maybe today the price will totally see that or meybe tomorrow . 5K is real lets celebrate and for sure itwill increase more because its bear months.

[Anfisman]

Bitcoin's price briefly passed above the $4,800 mark for the first time today.

According to data from CoinDesk's Bitcoin Price Index (BPI), the price of the cryptocurrency hit a high of $4,802.74, before falling back to levels seen over the past few hours of trading.

Courtesy: CoinDesk

Guys what would be opinion upcoming months and what is expected price in upcoming year. Normally price use to bump when we nearing new from Dec 20 to Jan 1.

I have a good prediction for bitcoin in september until the end of this year. Currently in Coindesk bitcoin prices almost reach $ 4900 and I am sure in the next few days bitcoin prices will be up to $ 5000. This is based on my observations over the last few days, I see bitcoin fluctuating but the increase price bigger than a decrease price. So, if you want to get a big profit, I think keep hold our bitcoin is a wise choice.

[Yuuto]

Bitcoin's price briefly passed above the $4,800 mark for the first time today.

According to data from CoinDesk's Bitcoin Price Index (BPI), the price of the cryptocurrency hit a high of $4,802.74, before falling back to levels seen over the past few hours of trading.

Courtesy: CoinDesk

Guys what would be opinion upcoming months and what is expected price in upcoming year. Normally price use to bump when we nearing new from Dec 20 to Jan 1.

There seems to be resistance at the $5k level.

When it got close this morning, it adjusted down $100 straightaway. Seems like some bears are determined to keep the price of bitcoin below $5k even though there are a ton of bulls out there trying to get into btc.

I would say that in the upcoming months, things are going to be even crazier. We should see $5k be broken this month, and perhaps $6k next month. After that though, it is highly likely that a dump will drive btc down to $4-5k and hopefully stabilize there.

[timerland]

Bitcoin's price briefly passed above the $4,800 mark for the first time today.

According to data from CoinDesk's Bitcoin Price Index (BPI), the price of the cryptocurrency hit a high of $4,802.74, before falling back to levels seen over the past few hours of trading.

Courtesy: CoinDesk

Guys what would be opinion upcoming months and what is expected price in upcoming year. Normally price use to bump when we nearing new from Dec 20 to Jan 1.

Well that was very short lived. Currently, bitcoin is down to $4700 once again, which was a significant decline from the ATH of over $5000 on certain exchanges(never broke $5000 on coinmarketcap, though).

It's actually gotten lower than what we started with yesterday, that's how big of a dump it was.

Anyways, i think that currently price is over pumped. Anything over pumped will have to come down and i think that most likely it will come down by the end of the year. I think that $3k-$3.5k is the most likely scenario. Maybe it'll keep going up, i don't know. But i wouldn't take the risk myself of buying into the market right now.

[Pasnik]

For sure bitcoin world as of now is very happy because the price is not 4800 dollars its already 4900 dollars and counting and I think last 1 hour ago the price reached 5k dollars. Correct me If im wrong but I see that. But maybe today the price will totally see that or meybe tomorrow . 5K is real lets celebrate and for sure itwill increase more because its bear months.

This is it, I think it will reach more than $5k and all would be happy for the price is increasing. This seems the good news for bitcoin holders. Yes lets celebrate price would be skyrocket.

[Kyraishi]

Bitcoin's price briefly passed above the $4,800 mark for the first time today.

According to data from CoinDesk's Bitcoin Price Index (BPI), the price of the cryptocurrency hit a high of $4,802.74, before falling back to levels seen over the past few hours of trading.

Courtesy: CoinDesk

Guys what would be opinion upcoming months and what is expected price in upcoming year. Normally price use to bump when we nearing new from Dec 20 to Jan 1.

Keyword: Briefly.

Price has actually gone over $5000 on certain exchanges which is pretty crazy if you ask me.

But soon after that we saw the price go down to as little as $4690 which i think caught everyone off guard. This just proves that how dangerous a market in mania mode can be, it can be dumped without any warnings.

I think that there will be more corrections coming in soon, most likely driving price down to $4000 or less.

[panju1]

$4930

We seemed to have retraced pretty strongly after that. $5000 seems to have sparked off a big round of profit booking. This is actually good news, in my opinion. We could be poised for the next step after $5K.

[Dyn@styN3rd]

This is a very good news about bitcoin itself as it is show casing the power of it above any other crypto currencies, I believe that it will surpass the $5,000 mark before September ends. And maybe it will surpass or reach $7,000 mark before the year 2017 ends. It is not too late to invest in bitcoin though after all this events.

It's $4587 now on Coindesk but I am very positive with your prediction that it'll reach $7k before the year ends. It might go down a bit and could probably fall below $4k mark but knowing Bitcoin it could sky rocket again in just a blink.