What happens to bitcoin? up or down?

[batang_bitcoin]

I can't take to see the charts today. I need to spend time well in some other things other than checking our bets price.

We are all waiting for it to come bitcoin is getting higher but sudden down

This is the best time to invest so those that keep on asking if this is the best time to invest then you can start buying right now.

[henmark]

The price has been of less fluctuation recently, but the good thing is that it is going up and not down. And the price is already approaching $10,000, I hope it that it does and also believe it will even go above that and reach like $15000 this month of May. Earlier this year I saw some predictions that there will be a bullish market this month of May, but I’m not yet sure of it cause most predictions are not always correct. But it’s best to do what you have to do best and put yourself in a better position for what is about to come.

[HiringYou]

Hopefully it will rise as we can see that from last days the price is increasing so hoping for the same scenario in coming days also.Being virtual in nature nobody can surely say anything about bitcoin price.Fluctuations are very common in its prices.So predicting sometime surely is not possible.In coming days we can hope that price will either remain stable to it will rise.We can hope that bitcoin will reach 10k height in coming months.All investors are awared about this nature of bitcoin.We should prepare ourself even if their is fall in the prices.But hoping this situation will not rise.

[beerlover]

The value of bitcoin has seen significant gains over the last week, following a period of relative stability hovering above $9,000. If it continues its good form, it could break above $10,000 in the coming days. . my opinion is bullish market is coming.

I think it already touched $10K by yesterday even,in preev.com I saw that price was $9963 yesterday.But today there is there is some correction in the price and it reached $9500 but it is just a healthy correction which cannot be consider as bullish.So don't worry keep holding your bitcoin because $20k is coming by end of this year.

It almost did and very close and then the pullback came which was obvious anyway with the divergence on the indicators. Hopefully it is just going to be a little retracement and then we go test the $10k spot again which I believe if we do not get to break, could result to a lower break out than this one and really, none of us would really want to see that happen anyway.

Right now, all we have is the trend, and we are just watching to see where we go next from here.

[Eleven86]

No one can predict the price of bitcoin whether it is going to increase or decrease. Compare to previous months the price price would increase gradually ay present. But there is a little fluctuations in the price, this is normal in the cryptoworld. The price is not stable always, but the price will increase in upcoming days. Because many investors are ready to invest in bitcoin this will change the market and moves the market in increase mode. Like last year december this year also the price will touch the moon.

[The_Dark_Knight]

The value of bitcoin has seen significant gains over the last week, following a period of relative stability hovering above $9,000. If it continues its good form, it could break above $10,000 in the coming days. . my opinion is bullish market is coming.

The market has recovered that is correct but I do not know if we are going to see a bullish market coming, I really think that when the price crashed the price got extremely low that was the opportunity to buy bitcoins for a cheap price, so what we saw was a correction, it was not the sign of a bullish market it was just a market reacting to an undervalued bitcoin and taking advantage of it.

[richminded]

No one can predict the price of bitcoin whether it is going to increase or decrease. Compare to previous months the price price would increase gradually ay present. But there is a little fluctuations in the price, this is normal in the cryptoworld. The price is not stable always, but the price will increase in upcoming days. Because many investors are ready to invest in bitcoin this will change the market and moves the market in increase mode. Like last year december this year also the price will touch the moon.

We can predict the price of bitcoin but don't expect that prediction to happen. The price movements of cryptocurrency this year is really unpredictable, but I see this in the long run in one direction, to go up.

my opinion is bullish market is coming.

Let's be hopeful to this. Expect bull will come after this adjustment that we have seen again.

I am hoping for more good news so bitcoin can finally climb high, I do hope that bitcoin will able to survive all the challenges that will come.

[justspare]

Surely,BTC coin hits 12.5k$ .But it will drop to 8.5k$

Where did you get the idea that the idea that the price will go up to $10,000 and fall done to $8500? Your comment makes no single sense to me cause you have nothing to prove for it. Lots of experts has predicted that the price of Bitcoin will even get close to $15000 and keep on going up, why will your own be different. Do you just say whatever that hits your mind just to make a comment?

[magneto]

The value of bitcoin has seen significant gains over the last week, following a period of relative stability hovering above $9,000. If it continues its good form, it could break above $10,000 in the coming days. . my opinion is bullish market is coming.

Bullish market is indeed coming, but I just don't think that it's necessarily coming right at this moment. A lot of people have expectations that this is the start of the next bull market which I simply think is untrue.

Prices have essentially corrected down to the $9300 level again, so we've hung around the $9k's without any upward momentum for over a week now.

There is still a possibility that $10k can be broken, but even if it does, I don't see the momentum being enough right now to change the market sentiment to fully bullish. We'll most likely see further dips in the near future, and consolidation. It'll probably take until near the end of the year for the actual recovery leading to the next bull market to occur, although there may be short term rallies here and there.

[darewaller]

The value of bitcoin has seen significant gains over the last week, following a period of relative stability hovering above $9,000. If it continues its good form, it could break above $10,000 in the coming days. . my opinion is bullish market is coming.

Bullish market or not, no one can know before it happens and that would have only started giving us some light if we are able to break the $10k resistance. Nevertheless, let us be hopeful that we will get to see this happen and at the same time have it at the back of our minds that anything on the other side of things can still happen as well which is something no one can really tell which direction it would ever be.

Where did you get the idea that the idea that the price will go up to $10,000 and fall done to $8500? Your comment makes no single sense to me cause you have nothing to prove for it. Lots of experts has predicted that the price of Bitcoin will even get close to $15000 and keep on going up, why will your own be different.

People do speculate here based on their previous experience with bitcoin price fluctuations. Even those people who are not familiar with any technical analysis, had come with accurate predictions because of their experience along with fluctuations levels. So, never mind and never ask for proof .

[krauzzer02]

Surely,BTC coin hits 12.5k$ .But it will drop to 8.5k$

How much sure you are that it will drop around $8.5k after it hits 12k? remember that bitcoin is so unpredictable we can speculate and form some theories but the bottom part is that it can go up or down anytime, you should at least say that you are speculating that surge and correction, well the price was fluctuating around 9k we are not seeing it down to 8k in the past weeks a good sign that it will break the resistance of 10k anytime soon.

[exstasie]

Unfortunately, we full-retraced the bullish breakout from May 3rd, after a weak test of the highs on low volume. That's not usually a good sign, but we haven't broken any of my stop levels yet.

Holding sub-$9,300 is an early warning. Holding sub-$9,000 means bears are back in business. Alts look drippy this time around, which adds a bit more fuel to the bear case.

Bulls continue trying to bounce on the 1-hour (and there's also a dragonfly doji on the 4-hour), but we are still stepping down the stairs.

The $9,100 area is the 4/23-5/3 mode (big consolidation zone), so there's some support here. But if we clearly fail this level, there's quite a lot of volume that can force the price downwards:



I continue to hold my core long position, since we haven't reached my SL. But it's hard not to feel a bit bearish.

[Lpim01]

Fluctuation of price and some correction are very often to happen since we knew that we are not controlling the market price. That's why we should never expect that all the time are in favor for us cause the market is moving and all prices will goes up and down. But I feel that bitcoin will soar again as it have started early in 2nd quarter.

[Superzpay]

The value of bitcoin has seen significant gains over the last week, following a period of relative stability hovering above $9,000. If it continues its good form, it could break above $10,000 in the coming days. . my opinion is bullish market is coming.

Your opinion was right. We saw that the price increased much high on that day and now again the price of bitcoin is going to buill up again. It is actually the signs that the price of bitcoin will rise higher as we saw in the last year that the price of bitcoin increased much higher in these months.

[exstasie]

Bulls continue trying to bounce on the 1-hour (and there's also a dragonfly doji on the 4-hour), but we are still stepping down the stairs.

The $9,100 area is the 4/23-5/3 mode (big consolidation zone), so there's some support here. But if we clearly fail this level, there's quite a lot of volume that can force the price downwards:



I continue to hold my core long position, since we haven't reached my SL. But it's hard not to feel a bit bearish.

It's "do or die" time. Bulls need to hold $9,000 and form a spring now, otherwise this is probably going to cliff dive. If this long is going to play out, it's coming down to the wire. Bitcoin loves to hang off the edge of the cliff before breaking upwards. That possibility is still open; SL has not triggered. But it's definitely time to pay attention, and if we fail this level, you should consider cutting leveraged longs and hedging.

[harizen]

The value of bitcoin has seen significant gains over the last week, following a period of relative stability hovering above $9,000. If it continues its good form, it could break above $10,000 in the coming days. . my opinion is bullish market is coming.

Sometimes average bitcoiners always speculate what will happened based only on the current price movement. Nothing wrong in the first place but we need to take note that sometimes it can be spoiled even how detailed and professional the analysis is.

In terms of bitcoin, I really don't take short period as source for future actions e.g bullish trend within 2 to 3 days or something like that. I tend to take points at minimum weekly performance in order to gave me a much more good output in the upcoming weeks. In that duration (the longer the better), we can really sees if the pump or dump is just a normal swings or now a start of another trend.

[Budugbass]

A market that undergoes a more natural change is more visible it will slowly climb leaving a trail full of such drastic decline in the past months. In my opinion, the price will not be far from $9k for now and so on, and it will keep trying going to $10k, it will still experience a lot of climbing I guess due of certain things/news that would affect it.

[zergenyt09]

Surely,BTC coin hits 12.5k$ .But it will drop to 8.5k$

It is just your predictions and not the reality. I think now the price is increasing slowly and naturally. Big fall will never happen again. $4000 is very big difference and it will never drop to $8500 if it reaches to $12500. The price is round about $9000 and little bit fluctuations on daily basis, but it is normal and there is no big jump or fall in the price.

[maxamus]

Surely,BTC coin hits 12.5k$ .But it will drop to 8.5k$

It is just your predictions and not the reality. I think now the price is increasing slowly and naturally. Big fall will never happen again. $4000 is very big difference and it will never drop to $8500 if it reaches to $12500. The price is round about $9000 and little bit fluctuations on daily basis, but it is normal and there is no big jump or fall in the price.

I agree with your statement as bitcoin cannot come down to $8000 after reaching $12500 because now the value of bitcoin is kind of stabilized I mean it's not going through huge pump or dump.

[Omega Weapon]

The value of bitcoin has seen significant gains over the last week, following a period of relative stability hovering above $9,000. If it continues its good form, it could break above $10,000 in the coming days. . my opinion is bullish market is coming.

I don't know if we're going to see that price in the next days but I think there is a high chance that we will see that price in the next weeks, the reason for that is that I think there are many people that are waiting that we reach that price to begin to sell, so there will be a struggle to reach that price between the bulls and the bears in the market but I think that the bulls are going to win this round.