What's next for bitcoin

[ladaturekova]

I think that Btc will be the king of the cryptomarket in the future as well, and the main reason is disability of other cryptocurrencies to overtake this one.

[Cnut237]

Hey guys bitcoin just hit $8000 do you think it will still go down to  $600 or it will continue to rise?.
Please what's your take on this?

Well, a lot of us were expecting a rise, but it went down towards $6k.
What next? This is difficult to determine. I for one thought that the whole crypto cap wouldn't drop much below $250b, but it went straight past and dropped just below $200b.
Personally I still think that over the next few months we should see some solid gains... but really, who knows?
The only thing I feel confident about predicting is that crypto as a whole will have a huge future in the years to come.

[dashi555]

I think the first priority of Bitcoin is to upgrade the technology, increase the volume and speed of the transaction, and don't always worry about too many problems. If the technology does not have much breakthrough, its competitiveness will be lower and the value will be difficult to grow.

[gurumander]

It seems to me that for bitcoin there is a possibility of a price drop to 5000$. Therefore, now it is very difficult to be sure that the price of bitcoin is already at the bottom.

[jamieasf]

Hey guys bitcoin just hit $8000 do you think it will still go down to  $600 or it will continue to rise?.
Please what's your take on this?

$600? or $6000? if it is $600 that will be impossible to happen since the price of bitcoin is still stable.  In my prediction, price of bitcoin will be $7000+ at the end of this year

[alvin345]

Btc is very strong cryptocurrency and I am sure that it is the part of its development here, it will raise so much in the nearest future and I believe in it.

[TomiJerry]

I think that now we in the point of price consolidation. Bitcoin will be traded in the market frame - 4000$ - 7000$, till the moment when something important is happen. After that we will see rocket launch of the Bitcoins price. I don't know where is the moon, but I think that Bitcoin will reach 100 000 $ in few next years.

[zininaks]

It is difficult to predict the future of bitcoin, however crypto-enthusiast Meltem Demirors believes that there is no reason to worry. On Monday, in an interview with CNBC, the expert said that "New technologies that change the paradigm require sufficient time to comprehend," Bcfocus quotes.

[seumk]

Hello, friends, the recent market has shown a downward trend, and individuals have not observed the market. For me, whether it is the same as 8,000 dollars or 6,000 dollars, its trend has not changed, it is likely to continue to fall, I do not intend to sell for my investment, so continue to wait.

[jeruk nipis]

If you think I am, this will still be down bitcoin price. Because it is a 4 year cycle, bitcoin so new can ride high later this year 2021. like yesterday happens in know 2017. We just look at what will happen later.

[Alex Foman]

I believe that Bitcoin to date is a nascent money that is moving from the collection stage of monetization to becoming a repository of value. As an untrusted currency product, it is possible that at some stage in the future bitcoin will become a universal unit, similar to gold during the classical gold standard of the XIX century.

[btctestcolets]

Hey guys bitcoin just hit $8000 do you think it will still go down to  $600 or it will continue to rise?.
Please what's your take on this?

$600? or $6000? if it is $600 that will be impossible to happen since the price of bitcoin is still stable.  In my prediction, price of bitcoin will be $7000+ at the end of this year

Well, its unpredictable to happend, we that price in a market i don't think it can be $7000 by the end of this year since every year's past bitcoin always make a big surprises. So don't be judgemental cause the price will always move to its valuable.

[gurumander]

I have a feeling that such a fall could last until the end of the year. Therefore, if the price for bitcoin at the end of the year is about 5-7 thousand dollars, I would not be surprised.

[StevenPop]

We might just have to wait and see how things go. It might go further down, or go a little up, and then drop again, no one knows. I just feel that this trend will be in for a little more time, maybe until the end of this year, or more. Bitcoin is a good cryptocurrency, and I know that it will overcome all of its challenges in due time. We just have to be patient for that.

[Coin-1]

We might just have to wait and see how things go. It might go further down, or go a little up, and then drop again, no one knows. I just feel that this trend will be in for a little more time, maybe until the end of this year, or more. Bitcoin is a good cryptocurrency, and I know that it will overcome all of its challenges in due time. We just have to be patient for that.

Patience is important, it's right. Obviously, now the crypto community and the large investors are waiting for the decision of the US SEC which concerned to the Bitcoin ETF proposal. I guess we will see the large trading movement on the crypto exchange markets this September. The future direction depends on whether ETF will be adopted or not. The large piece of the funds were already transferred from altcoins into Bitcoin. Probably some investors expected the ETF approved in this August.

Note that some members start to make the FUD threads on this forum and sow a panic among the crypto currency holders. This is a sign. Probably they want to buy Bitcoin right now for a current price.

[whk0]

Btc is not on the top now it's obvious and I consider that Eos is on the top now in the case of increasong speed, so the next after Eos is Waves for me.

[d2s4]

I predict for Btc restoring soon and there will be very big jump of its price which will be very high in the end on this cycle in cryptomarket's development.

[futurefuturecoins]

Bitcoin will always remain king at the top of cryptography. The bitcoin rate along with the total capitalization will grow.

[kabzon_btw]

Hey guys bitcoin just hit $8000 do you think it will still go down to  $600 or it will continue to rise?.
Please what's your take on this?

i think that there will be some altcoins that will be better that bitcoin but it is a long way to wait for them but i will

[KayceeMae]

If it cannot become a more attractive alternative to cash/credit cards then it will be. Technologies with potential do die for not reaching that potential soon enough. Stop acting like its invincible, people.