Bitcoin Reaches Toward $7000

[Elysian_ELY]

https://www.ccn.com/bitcoin-price-moves-closer-to-7000-as-cryptocurrency-market-records-slight-gain/

For the time being, significant news on bitcoin and cryptocurrencies in general has been rather quiet lately. Lingering somewhat out of the spotlight, bitcoin has been given a chance to finally begin its growth again. As long as it remains untouched by major news and generally negative reports, it should be opposition free in its recovery. However given the current state cryptocurrencies are in, it is extremely hard to say that this is the end. For now it is one foot in front of the other for cryptos. As always, good luck in this hectic market.

Best regards,
The Elysian Team

[mammothine]

Forming a nice base, sure.

[JackyLon]

As we have seen the market fluctuate continuously, the bitcoin value is down, currently at a bitcoin price below $ 7000, this is an opportunity we can invest in. I believe it will soon recover and thrive and I hope by the end of 2018 it will reach $ 25,000.

[BillyBobZorton]

Been saying we would spend a nice enough time in the 6k to 7k are to consolidate a bottom. Once people realized the perfect buy entry was February and we are not going back to sub 6k, the FOMO will kick in again. Every day we wake up above 6k is another day of strong consolidation, making the chances of FOMO mania higher.

I predict we are at 5 figures easily during the summer, ATH being very realistic. The people that claim it will take 3 years for BTC to reach a new ATH are the actual deluded ones.

[orarider]

bitcoin has lowered to $ 7000. The bitcoin market is no longer exciting. This is a good time to buy bitcoin. I believe in the next bitcoin will increase strongly again. Bitcoin will reach a new high of $ 20000. so people should buy bitcoin and i am also buying it.

[tora]

At the moment bitcoin is slightly below $7000 on coinmarketcap showing an increase of 1.25%. There is fluctuation at the $7000 level but there is no direction either way.

[detector]

Bitcoin is on stable value , it means that bitcoin the true value , not manipulative anymore.
I still can say that bitcoin still valuable asset , I keep believe that bitcoin will keep growing because time will tell and will make bitcoin more advance than before

[reliable]

At the moment bitcoin is slightly below $7000 on coinmarketcap showing an increase of 1.25%. There is fluctuation at the $7000 level but there is no direction either way.

7k approx is very low as btc would be expected to be in 5 digit mark. Will may be the month where btc could cross 10k mark and again bring cheer at the face of all the people who believe in the btc and the reason of smile for making new people millionaire?

[Aragorn_125]

I'm an optimist in real life. That's real. But with such falls I think about bitcoin's abilities to grow again. Bitcoin is like a dying animal trying to grab life!

[coinminerdotcom]

BTC is stabilizing. Which is a relief for day traders. This could be the lowest we see for the upcoming summer. FOMO will be setting in, and prepping for the summer holding.

[roshanface123]

As a trader its not at all an exiting news but as per a bitcoiner that planning to buy more bitcoins then it's the perfect and right time to buy more bitcoins. And also  I hope without making any lag  bitcoin will make amaze everyone through their return back in to that proud position.

[gabbie2010]

Maybe another consolidations will set in between $7K to $8K and gradually the price of btc will be bounce back but I don't expect so much volatility in the price as it used to be there is a bit of stability in the price recently however for the price to raise up so many strong resistance ahead needs to be broken.

[nsasuiteb]

I think as long as it stays above $6000, it is good and I feel not bad because if it drops to below $6000, then that will be so bad. My only hope is that.

[dear53]

Been saying we would spend a nice enough time in the 6k to 7k are to consolidate a bottom. Once people realized the perfect buy entry was February and we are not going back to sub 6k, the FOMO will kick in again. Every day we wake up above 6k is another day of strong consolidation, making the chances of FOMO mania higher.

I predict we are at 5 figures easily during the summer, ATH being very realistic. The people that claim it will take 3 years for BTC to reach a new ATH are the actual deluded ones.

Thank you sir...
Your post is very useful for me sir...


Your ever

[drm]

I'm an optimist in real life. That's real. But with such falls I think about bitcoin's abilities to grow again. Bitcoin is like a dying animal trying to grab life!

A dying animal isn't the correct term imo.
Anyone who has been here for a while knows it's far off from that.

[Mometaskers]

Been saying we would spend a nice enough time in the 6k to 7k are to consolidate a bottom. Once people realized the perfect buy entry was February and we are not going back to sub 6k, the FOMO will kick in again. Every day we wake up above 6k is another day of strong consolidation, making the chances of FOMO mania higher.

I predict we are at 5 figures easily during the summer, ATH being very realistic. The people that claim it will take 3 years for BTC to reach a new ATH are the actual deluded ones.

Guess that's human nature. Since this slump has lasted for at least a month, when the gains quicken people start to think it's "safe" again to buy, that it wouldn't tank. Then as you said, the feeding frenzy starts. Then it only become a matter of deciding when to dump and if you'd be able to buy back for cheap later.

[HopeHK]

https://www.ccn.com/bitcoin-price-moves-closer-to-7000-as-cryptocurrency-market-records-slight-gain/
As long as it remains untouched by major news and generally negative reports, it should be opposition free in its recovery.

Exactly!

[Liternyy]

Bitcoin does not stop there and continues to overcome all the new historical highs. Now the main crypto currency, according to the portal of Coinmarketcap, reached the mark of 7000 dollars. At the time of publication bitcoin is trading at a level of 7027.94 dollars.
"It is bought by even those who do not need it at all, and do not even imagine what it is. It is important to buy it to be in a trend ... The technical picture is contradictory, but positive news creates favorable conditions for investors "

[bitcoinking11]

The price of bitcoin has been fluctuating in between $6k and $7k. Many people had predicted that it would come down to 3k, but that hasn't happened, which is a very good thing. In my opinion, it would maintain its current price in coming months.

[tonylewisverdu]

yes ofcourse it will reach 7000 again, also it may reach another all time high after this healthy correction