Bitcoin Price Surges From $6,190 to $6,450 in Seconds, What’s Next For BTC?

[HappyWhiteHuman]

Bitcoin Price Surges From $6,190 to $6,450 in Seconds, What’s Next For BTC?
In seconds, the Bitcoin price has surged from $6,190 to $6,450, by more than 4 percent, after the dominant cryptocurrency remained in the low $6,100 region for more than 24 hours.

The sudden increase in the price of Bitcoin on September 9 was not expected by the majority of analysts and investors in the cryptocurrency market, primarily due to the sheer magnitude of its drop on September 5



Erik Voorhees Comment is Spot on
In previous market recaps, CCN consistently cited the statement of ShapeShift CEO Erik Voorhees, simply because it accurately summarizes the movement of the cryptocurrency market.

On August 25, on CNBC Crypto Trader, Voorhees said:

“I don’t expect it (bear market) to end soon, although I do think that the rate of collapse has slowed considerably. Generally in these bubbles, after you go through several months of a downtrend you hang out in a range for a while… But I think we are done with a majority of the collapse.”
https://www.ccn.com/bitcoin-price-surges-from-6190-to-6450-in-seconds-whats-next-for-btc/

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[davis196]

What's next for bitcoin?I would say nothing important.Why do you bother positng thereads here about a 4% bitcoin price increase.Bitcoin price goes up and down +/- 5% almost every day.The opinion of Eric Voorhees is pretty much similar to every crypto expert's opinion.The big price drops are over.

[SparklesCoin]

Price can be fluctuating at any time and no one can predict the price correctly. I believe at the end of this year bitcoin price will reach $12000.

[LeGaulois]

What's next for bitcoin?I would say nothing important.Why do you bother positng thereads here about a 4% bitcoin price increase.Bitcoin price goes up and down +/- 5% almost every day.The opinion of Eric Voorhees is pretty much similar to every crypto expert's opinion.The big price drops are over.

You should visit the speculation section so, they create a thread each time the Bitcoin price increases by $10.
Others than the panic sellers and newbies, who care when a 5% change occurs? You go to the toilets and the 5% is gone like it never happened. But we've seen much worse than 5% a hundred times

[TravelMug]

Price can be fluctuating at any time and no one can predict the price correctly. I believe at the end of this year bitcoin price will reach $12000.

LMAO. What makes you think that bitcoin will go $12K at the end of the year?

What's next for bitcoin?I would say nothing important.Why do you bother positng thereads here about a 4% bitcoin price increase.Bitcoin price goes up and down +/- 5% almost every day.The opinion of Eric Voorhees is pretty much similar to every crypto expert's opinion.The big price drops are over.

Exactly, do we really need to reports every increase or when the market farted? Lol. What we see is just normal fluctuates nothing else. And the same Eric Voorhees who's enforcing KYC to used his exchange platform? You gonna be kidding me. hahaha!!!

[Eurobot]

Maybe BTC is heading for the upward trend in terms of price. Even a 4% surge is a very tiny one, but every number and percentage matters in this market at this stage.

[LinkinPrak852]

That's an interesting news. Bitcoin is the most potential coin in the cryptocurrency market and I think it has a great future ahead. Within just a second, the price of Bitcoin rises from $ 6190 to $ 6450. I think price of Bitcoin is getting more stable day by day.

[btcmaster999]

Wow ! That's a great news. The price of Bitcoin has increased from $6190 to $6450 within just one second yesterday. This maybe because of the reason that the price of Bitcoin is being more stable nowadays. I hope the bulls will start trending soon.

[SparklesCoin]

BTC will go up and down. There is nothing to get excited about a 4% increase. But yes, this would mean that the coin is going to increase further more in the future.

[AutisticKid007]

It is a good sign that the price of BTC is going up. If we remain a bit more patient, we might be seeing the bull run soon at the end of this year. But we need to play our end of the role too, that is by investing in the coins to keep its demand up and steady. Even though 4% is a very short increase, but every little numbers count now.

[MoneyCryptor520]

Even though a 4% increase is very low, but this will be able to give hope to the people that the market is heading towards a positive move.

[erickkyut]

I think it is now time to for the bull to wake up and run. After so many downtrends, the only way is to go up. I pity those weak hands who sold their coins because of the bloodbathe. Bitcoin and altcoins will soon start to go upward. Let's hope that it will exceed the ATH last year.

[Eurobot]

Again it's now back to 6,300$, are you happy now? Bitcoin prices are showing fluctuations for quite some time now. Before rising up to 7,500$ recently, it regularly fluctuated between 6,100- 6,400$ level. So, the fluctuation is quite similar now and there's no point in posting whenever a very insignificant amount of price goes up and down.

[pitiflin]

What's next for bitcoin?I would say nothing important.Why do you bother positng thereads here about a 4% bitcoin price increase.Bitcoin price goes up and down +/- 5% almost every day.The opinion of Eric Voorhees is pretty much similar to every crypto expert's opinion.The big price drops are over.

You should visit the speculation section so, they create a thread each time the Bitcoin price increases by $10.
Others than the panic sellers and newbies, who care when a 5% change occurs? You go to the toilets and the 5% is gone like it never happened. But we've seen much worse than 5% a hundred times

This place has become a joke now. In fact,the whole crypto community is. Whatever name crypto had built for itself in 2017,idiots are trying their best to smear it. The stupidity of people goes beyond explanation.

Whatever is next for bitcoin,I can give you hint: its going to affect the price, even if it is not related at all to bitcoin. You know the answer,come on.

[pooya87]

LOL the news articles are starting to look the same as they repeat the same thing over and over with a different title each time price goes up or down. when it goes 5% up they call it "surge" and then quote some random dude talking about it, then it comes down 5% and they call it "crash" and then quote some other random dude. neither of these dudes might even have said anything in first place

what's next? the same thing as always, more stable price where people confuse the fluctuations with surge and crash, possibly some FUD to push it down then eventually rise as it can't stay down forever.

[karagun125]

We cant predict next about bitcoins, even experts about tradings and investors but some says that there's a comeback in bitcoins price in the market, but it is just a prediction of some bitcoin enthusiast.

[robbietobby]

What's next for bitcoin?I would say nothing important.Why do you bother positng thereads here about a 4% bitcoin price increase.Bitcoin price goes up and down +/- 5% almost every day.The opinion of Eric Voorhees is pretty much similar to every crypto expert's opinion.The big price drops are over.

You should visit the speculation section so, they create a thread each time the Bitcoin price increases by $10.
Others than the panic sellers and newbies, who care when a 5% change occurs? You go to the toilets and the 5% is gone like it never happened. But we've seen much worse than 5% a hundred times

Having said that, by means of having a limit if -/+5% your speculation would goes on and on about increasing bitcoin price? But how if inflation rate gets involved in the situation what is the Plan B?

[BlackFly]

We experienced share markets previously. Though BTC doesn't work perfectly in that way but this price surge looks like BTC is gaining it's value as days are passing. On the other hand, countries are being interested in this sector. So, in the near future, BTC might be the best deal yo be dealt.

[ranman09]

The next thing is stable prices and more adoption! I feel O.P. is a stock trader for he considers 5% as a surge in price. Bitcoin is volatile it can increase and decrease 5% at a single commercial break.

[HiddenPrincess]

This is a very natural process of bitcoin. It usually varies from 5-6% each day. I don't think this is a matter of concern now. If it goes down above 20% then it will become riskier for all of us. But this is something that usually happens so we don't need to be worried about.