Is market going back up to 8k?

[miningguru]

Expecting the price of Bitcoin will reach more than 12000$ in this year. There is no guarantee whether it will reach $12000$ due to lot negative feedback about the ETF makes the price declining every time. So always we have to move according to the market situation.

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[EastSound]

In my own point of view, There is a low chance that btc can recover and back again to $8000 late this year and will continue until next year.

[Leenwar]

At this moment $6000 is a strong support for Bitcoin and $6600 is first rasistance.
I beliy once $6600 broken by Bitcoin now then Bitcoin and others alts will come in uptrend and change the situation of the crypto currency market.

[crazylikeafox]

We can’t exactly say if the market will range at that price now, but I do belive that changes will happen before the year ends. I am expecting growth after a few months just like last year. It might not happen immediately but it will surely happen. Lets just wait for the right time and great profits will soon come.

[DonFacundo]

Well as of now the price of bitcoin is $6,340 , I believe the bitcoin will increase up to $8,000 or more than that, especially in the month of December we all know that month would increase bitcoin just like in the last year so keep hold.

[kokliko]

I think the market will remain at $ 8000 before making a breakthrough by the end of this year, it will not grow earlier. Even so, $ 8,000 price tag is also safe for traders. I was trading at $ 8000 down to $ 6000, I'm still waiting.

[Moxivuki]

I don't think it will rise back to 8K at the moment, because many new altcoins are now becoming "pumps", they draw investors' money from bitcoin!

[Golftech]

I think the market will remain at $ 8000 before making a breakthrough by the end of this year, it will not grow earlier. Even so, $ 8,000 price tag is also safe for traders. I was trading at $ 8000 down to $ 6000, I'm still waiting.

Keep waiting and hold your coins as time will passed by and eventually we will see the next rise, market will recover that what we noticed each time corrections occurred, its just a matter of time traders and investors can change the pace of this market after they start to show more interest and
build more confidence with this investment currency.

[begau]

In my own point of view, There is a low chance that btc can recover and back again to $8000 late this year and will continue until next year.

Why do you think the $ 8,000 bitcoin opportunity at the end of the year is low? The market can rise suddenly, you know, it can increase tens of thousands of dollars is not unexpected.

[Aikidoka]

Are you talking about bitcoin? Or crypto in general? Either way, bitcoin is still not going to reach $8k now. But I think we will have a pump in October and I am still not sure about it. The current price is around $6300. However, people need to be patient if they want to have a suitable profit. With that being said, they need to continue to hold their coins because if they do not, they will lose their money and all their efforts will go in vain.

[handini]

We're going to definitely to see those prices again but you need to stop being so impatient the market is going to move in the way it wants and we have no way to control it so the only thing we can do is to wait for the market to start to recover whenever that may be, the only thing that you need to ask yourself is if you believe the market is going to recover? And if that is the case then you have nothing to worry about.

we must be patient, I'm sure bitcoin will return at least 10000 $ this year,
hopefully October will be bullrun for bitcoin and altcoin

in my opinion it could be priced at 8k. we must always be patient and not stubborn. do not be emotional to make decisions that eventually you are disappointed. I hope this year can be more than 8k.

[FrancePG]

hello, just curious about your thoughts on the current market sentiment, do you think we're going back up to 8k levels?

Probably not, it will not come to this, because the market is also trying to get out of this situation, despite all the problems that occur in spite of this, the market soon I think will come out of this situation.

[veroku]

We though rose up to 8k but the trend in the market all the same goes descending. Nobody can know when it stops and will go up.

[Johnyz]

In my own point of view, There is a low chance that btc can recover and back again to $8000 late this year and will continue until next year.

Actually we hit $8k level days after the post of OP. Everything is possible if you keep on believing and this market is good for that bit surprises. We want bitcoin to go back on that level again or beyond after the recent fall. $8k is easy to achieve for bitcoin, it will happen soon.

[livingfree]

We though rose up to 8k but the trend in the market all the same goes descending. Nobody can know when it stops and will go up.

We can't say when it will reach to $8,000.

I've said that we are near to it before when we went through $7,500 but it went down so quick and that made the predictions to fail. $8,000 or not, I'm betting it that we will see that price again. It may not come for today but probably it will when no one expected it to come.

[pungopete468]

This requires a struggle when as the market is currently declining we must be able to be patient to be able to wait for this bitcoin to recover slowly slowly will definitely rise. . if you are still confident then you can buy now

[justspare]

In my own point of view, There is a low chance that btc can recover and back again to $8000 late this year and will continue until next year.

Anything can happen. Surely, we can breakout from the falling wedge upward and do some quick short term uptrend and then followed immediately by the continuation of the correction. It is the market, and anything can certainly happen. On the other way round, we could just end up going lower as the case may be, but whatever it is, only time will tell us where the direction would really tend towards anyway. So, at this point, I would say, we just chill and wait to see how things would pan out.

we must be patient, I'm sure bitcoin will return at least 10000 $ this year,
hopefully October will be bullrun for bitcoin and altcoin

Bull run is a term that is overstated when it comes to the situation of the market, and a short term uptrend should never be considered as a bull run. If you want to classify a market as a bull run, use what happened towards the end of last year as a bull run and I really do not see that happening that much this year anyway. No one certainly knows what the price of the market would be like, but as time goes on, we will know if market trend changes or not.

[EastSound]

Ofcourse btc can come back up to 8000$ but not this month or next month but hopefully before the year ends and another bullish year will run next year!

[_Legendary_]

I am sure that the market will soon return to $ 8k, maybe it will happen in October because I see that this month looks difficult to rise and in October investors usually come and invest in Crypto.

[furkantugra]

this kind of markets never aim to make a profit, so you have to take the risk of loss, or you'll be upset at this market.