Bitcoin back to $7000 today?

[Ryker1]

i don't think so, but by the end of this month or next month bitcoin will back to 7.000$. And also, what we need is not always what we get so don't keep your hope for those.

I agree, I also think that a sudden increase like that is a bit hard, it's pretty stable to $6,000 right now, and we still don't know if it will go down. We can't assume that it will increase just like that easily, maybe in the end of the month Bitcoin, might hit $7,000 or even higher, but today it's a bit hard.

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[cetald]

On the ETF, you should not count. The ETF will not be accepted soon. The market needs other growth drivers. You need to wait. Perhaps there will be other, completely different reasons for growth.

[killerfrost]

Right. Bitcoin has returned $ 7000. Bitcoin market is gradually stabilizing and going straight. Investors can be assured of bitcoin storage.

[pat4cryptoreal]

When I saw the topic of this post I rush to check the coinmarketcap in order to confirm the magic that will just take place within two hours that I check the coinmarketcap last. Cryptocurrency market is not a systematically program platform that we can easily use the occurrence of last year to predict what will happen this year. Simple because the price appreciated toward the end of last year does not means the same thing will happen this year.

[anilsaini.jaipur]

No it will not reach 7k today itself. It is currently at 6.5k and to reach 7k it need to break 6.8k level with a huge volume and that does not seem the case today. So just wait and you will see a downtrend soon.

[xWolfx]

I want the price of bitcoin to be stable! Not a sudden increase! Anything upward is worth more, but not so sudden!

I believe(and i'm sure inside my mind) that the time will come. But i have no idea how much it will take to reach that point.

Meanwhile it's not that bad since it can be used to get profits out of it until it stabilizes and we can start using it for everyday money without any problem at all.

Will that make fiat money disappear? I don't think so. Just like television didn't make theaters disappear. There is a lot of people in this world and so different their interests and belief that there is space for everything. Especially in the future, world population number grows daily.

[ralph_0608]

I want the price of bitcoin to be stable! Not a sudden increase! Anything upward is worth more, but not so sudden!

I agree. quick move upward may result to a heavy sell out afterwards much better if movent is gradual or little by little as this is a real upward  buying force while sudden increasevin price may cause only pump and dump strategy of some whales to gsin quick profit and lure newbie investor.

[raghovsing34]

I want the price of bitcoin to be stable! Not a sudden increase! Anything upward is worth more, but not so sudden!

Yeah it is true we need stable price of Bitcoin. Cause if Bitcoin sudden pump all altcoin want down.Also if Bitcoin sudden dump all altcoin want dump. So we need stable price of Bitcoin.

[mk4]

I want the price of bitcoin to be stable! Not a sudden increase! Anything upward is worth more, but not so sudden!

Bitcoin can't be stable... As a matter of fact bitcoin is a crypto, so even if we wanted bitcoin to have a fix price we can't do a thing. What we can do is to put tryst in the bitcoin crypto to regain its high price.

Bitcoin can definitely be stable. It's just going to need time. Yes, we can't have a fixed price, but it's possible for us to reach to a point where the price swings are so small that they pretty much don't matter that much anymore. Similar to gold.

[close up]

I want the price of bitcoin to be stable! Not a sudden increase! Anything upward is worth more, but not so sudden!

It is impossible to make it happen like the fiat currency does. Then, just trade the fiat currency on if you want a stable price.

[diger]

Yes, the bottom of $ 5900 for bitcoin is true, but there is a possibility that we will go below $ 5000.But I bought and 10,000 and 8000,7000 .... always buy !)

[Farma]

hopefully that will happen soon. well, I've missed that price for 1 bitcoin. well, for now the price of bitcoin is still below $ 7000, but in the near future I think the price will return above that price, I am happy to monitor the current price, hopefully it will not be disappointed.

[bene_gesserit]

The market sentiment is (still) too negative for a bull run. Look: https://enroyd.com/btc_sentiment/
You remember that study published by Yale? https://cointelegraph.com/news/yale-research-proposes-factors-for-crypto-price-prediction
This is what they found out:
"Apart from the momentum effect, the Yale researchers mention the factor of investor attention, which is a correlation between crypto prices and the number of posts and queries for cryptocurrencies on social media and in search engines."

Hence, as long as the market sentiment doesn't improve, I don't think we'll see a huge bull run.

What do you guys think?

[Varun Kanwar]

No it will not happen today. just wait and you will see a dump soon. Bitcoin has no news to support its levels right now.

[Jating]

I started reinvesting at $6180.  My thoughts are that the $5900 was a double bottom chart and we will be back to $8000 by Sept 21 (ETF deadline) with an expected "sell on the news" pullback then depending on that outcome, either sub $10000 or over $20000 by Jan 1.  ETF acceptance means little except it is a sign of future adoption by the big money.

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-Isa

Let's see how it goes, its been trading sideways in the past couple of days with a small bump a long the way. It could really pave for a new market trend towards a good bounce at $7K or another bottom at $58++. Regarding Bitcoin ETF, we will see the same pattern prior to the supposedly decision (Aug 10), which is a short term bump as well. But we all know that when it gets rejected, expect a massive sell off and another bottom.

No it will not happen today. just wait and you will see a dump soon. Bitcoin has no news to support its levels right now.

The support is strong at $6K, that's why we didn't see another bottom. Right now we are consolidating and it continues then $7K will be breach when whales thinks its a good time to pour and go back into the market again.

[aoluain]

I started reinvesting at $6180.  My thoughts are that the $5900 was a double bottom chart and we will be back to $8000 by Sept 21 (ETF deadline) with an expected "sell on the news" pullback then depending on that outcome, either sub $10000 or over $20000 by Jan 1.  ETF acceptance means little except it is a sign of future adoption by the big money.

What we need is bitcoin powered cellular service.  Every phone is free but has a mining app that is required to run in order to have service, companies that earn USD but take investment and pay dividends via BTC, and a country to adopt BTC as their national currency (hello Palestine)

-Isa

Well we are at $6500 now so your $7000 is close but a bit late now to hit it.
There may be a pump leading up to ETF and $10000 might be possible as
per the OP but i really cannot see any country adopting bitcoin as their
National currency - ever

[Gaaara]

I don't think it would reach $7k in just a few hours, if I were to speculate my speculation would be that it will go $7k by Tuesday with the up and down of the value it would take more than an hour to reach that level and even if its going down too the majority of price change will be up but it will be slower from the other month were bitcoin goes from $5,900 to $6,400.

[seoincorporation]

I want the price of bitcoin to be stable! Not a sudden increase! Anything upward is worth more, but not so sudden!

But that would be boring, i think the best part of bitcoin and alts market is the volatility. Other way, where we will see the +1000% in the past 24h? cryptos give us that chance, but at end big risk mean big profit or big lost, as we say in gambling, is the go big or go home.

Getting back to the topic, btc could reach $7000 at any time, we only need to see some big whales on the market, some $millions will move the markets for sure.

[Eadefemi]

For a target of $7k, I'd say in a matter of days from now...

But still, it's definitely gonna be a slow ride to the moon! Expect more horizontals...

Regards

[Tahamid]

Bitcoin prices will increase gradually, I do not think so much at the price of Bitcoin.
 in the beginning of 2019, Bitcoin will be $10000 +. I think Bitcoin should now be held.