Bitcoin price increase trend?

[daoquanghuan]

Looking at the good news in the market I think the bitcoin price next time will have growth, but there are two different opinions:
One is that the bitcoin price will drop to $ 5,000 before rebounding
The second is bitcoin will keep the current price over $ 7400 and continue to go up next.
Do you think bitcoin will have a strong correction phase down to $ 5000 or not?

[Zeddyn]

I thought that bitcoin would not be a correction at the $ 5,000 price but I am very confident that bitcoin is now well traveled up.

[lelilulu]

Looking at the good news in the market I think the bitcoin price next time will have growth, but there are two different opinions:
One is that the bitcoin price will drop to $ 5,000 before rebounding
The second is bitcoin will keep the current price over $ 7400 and continue to go up next.
Do you think bitcoin will have a strong correction phase down to $ 5000 or not?

Yes of course, it's very possible. If bitcoin can be dropped to $ 5000 so I will believe that the price will be pump until $ 50000 too.

[BrewMaster]

One is that the bitcoin price will drop to $ 5,000 before rebounding

there is no reason for bitcoin to drop that low and anyone who is advocating this "opinion" is doing so because they have been left behind and now want a chance to get back in.

the fact is even if there was a big bad news price may not go below $6k. of course we can never predict with 100% accuracy but as i said there is no reason for it to go below that as it was tested many times already and the support there is pretty strong.

[josephdd1]

Bitcoin is set for the next trend. Even in the lat couple of hours it tarted rising now over $7500 and this is really great news. I think the upward trend will continue and we'll see the market on the rise again.

[munify]

Looking at the good news in the market I think the bitcoin price next time will have growth, but there are two different opinions:
One is that the bitcoin price will drop to $ 5,000 before rebounding
The second is bitcoin will keep the current price over $ 7400 and continue to go up next.
Do you think bitcoin will have a strong correction phase down to $ 5000 or not?

I think bitcoin will increase in value, and for a $ 5000 price correction will not happen this year. Although the market is currently shaky, but bitcoin mesih into special coins and certainly more can increase.

[Vanes_brz]

Some analysts say that bitcoin has reached its bottom and now the trend will only be positive.. it would be certainly nice, but who knows how it happened)

[virendarnagpal]

If you ask anyone to give his perfect and 100% correct opinion; then it is impossible.  Even if someone assures you about 100% price up or down movement; never trust him.

But the current circumstances are indicating upward movement.  And the price falling to the levels of 5k seems very difficult if not impossible I think entering at this moment in the market will be a good decision.

[Malam90]

In my opinion, Bitcoin will not make correction its price anymore. The price level $7400 shows its growth over the past few months and moving slowly.

[rumexx]

Bitcoin will not go down to $5k again. Bitcoin was able to stay around 6K for more than 3 weeks without going down more before finally it cross over back to $7k. I believe the bearish market is fanning out to usher in the bullish rally we are all expecting. The time has come when bitcoin will moon again.

[Bigbay]

I believe this is just the beginning. Bitcoin have now crossed to the 7500 margin.

Keep in mind this bull-run won’t likely be hassle-free; there will be opportunities to make some small purchases, here and there, in the hopes price will continue to raise past the USD 20k level. Be smart

[Xmm]

I'm sure that in the autumn Bitcoin will surprise us with new price records! Now the race has begun. And positive news, he will even more heat up his growth! Therefore, we buy and wait. Good luck to all!

[ghermghuda]

I also do believe we'll hover above the $7k price that it is now, but I have a small issue with why you think we're going to hit back at $5000 and then the rebound will start. Haven't we got there already, I thought it was suopoasd to even be $6k but we moved slightly into $5k. Well, to me I think we're already in the rebound. ATH on my mind now.

[rudox]

I think bitcoin has paid its dues with bearish market since the beginning of the year. The good news was that it could not break the support at $6k all these while. Now that bitcoin has cross back to $7k and tried $8k but pulled back. The next move should be to the moons towards the remaining end of the year.

[pekobites]

I really think we are going to see 10K around August

[Peashooter]

I really think we are going to see 10K around August

I never loose hope that bitcoin is goes up like that value 10K if that happen in around month of August I think all investor's and trader's are become happy cause there investment will grow in high profitable income.

[mostkey]

Indeed, this is what most people expect to continue to see further uptrend, strong support will not diminish more value, may just rise slowly and not let news disrupt market movements to rise, in the near future there is a big difference in waiting for the amount of new money coming in for trying to pump prices above $ 7500, the risk is inevitable for people who want to play the market movement.

[talkbitcoin]

i think you can clearly see now that all those drop to $5000, $3000, etc have been silly guesses made by FUD spreaders and none of them had any merit to it.
let this be a lesson to you so that in the future you don't listen to idiotic guesses that you read on the internet.

[Snake9999]

I don't think Bitcoin will fall to $5,000. Because such prices will first cause miners to lose money, many investors have recently joined the market. I believe that you have read the news about the ETF!

[cryptodalton]

I don’t think bitcoin will drop now. As far as I understand by analyzing the graph it seems like bitcoin will hit milestones this year. It may pump upto 50k USD. Some experts are also saying about this bull run.