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

[PoliteHyena]

I think bull run has started. according to this news $250 surge in just 2 seconds. It is unbelievable!Most of the exparts predicting that, from the 2019, it will soar up, But started now. If it keeps its bull run, it will hit $9000 i believe.

[NuttyOracle]

Not only bitcoin all the legit first line crypto coins have passed out its bad days it is their bright day ahead and for bitcoin its more bright , the price of bit coin reached at 6K from 3K in just one and a half year its is now in a slandered and fixed region 4-5 percent change doesn’t actually any change.

[BlackFly]

We are talking about the crypto market the most uncertain market in the era. There are drastic changes in the market the market have changed so much in last 2-3 years but now it is more stable but it is steel changing slightly. The up in bitcoin cap is part of it.

[blockchain09]

You can't say anything for certain now because anything can be possible these days. The suddenly rise in price of bitcoin is incredible and that's what we want, but we still need time to tell if this is a coincidence or a solid rise of bitcoin.

[Pab]

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/

Next is red candle and price is coming back to 6190$
It is always play with Tether and future market
little up and little down
No money for serious growth nobody wants that btc fail below 6000$ so we have that what we have
One day all that market games will end
Already OKEX ceo was arrested for market manipulation

[suzanne5223]

in bitcoin market there is a effect of etf i think. if etf will approved then we will see the change of btc price. and i believe at the end of year the price will go 10k.

To be honest. If the Bitcoin ETF is approve now, we will only see the effect for just a month before people start to dump their coins because the cryptocurrency market usually experience a lot of shorts during this time and every soon people we also sell some of their for the end of the year holiday. Therefore, it will be next year before we can see much bull run or effect of bitcoin ETF that's if it was approve.

[welchmgra]

It is a very normal scenario. Nothing to be cherished about. It is all cryptocurrencies nature that the price will go to top from bottom in few seconds. So, everything is normal for bitcoin now I suppose.

Yeah to see the price chart of bitcoin it seems normal such difference. There is nothing to wonder about the price growth in seconds. You will also see dip more than this in seconds also. So be patient and wait for more rises in the price in the near future. People cannot bear anymore dips in the price. If this situation continues for some more time, people will convert their money to Altcoin or withdraw their investment.

[naanun]

I think this is a good start to raising the price of bitcoin,and maybe in the last quarter it will rise again as fast as last year. And I don't think anyone knows for sure the price of bitcoin in the future

[gabmen]

in bitcoin market there is a effect of etf i think. if etf will approved then we will see the change of btc price. and i believe at the end of year the price will go 10k.

To be honest. If the Bitcoin ETF is approve now, we will only see the effect for just a month before people start to dump their coins because the cryptocurrency market usually experience a lot of shorts during this time and every soon people we also sell some of their for the end of the year holiday. Therefore, it will be next year before we can see much bull run or effect of bitcoin ETF that's if it was approve.

Well there haven't been any approved etfs yet so what are you talking about? A price rise of 300 dollars isn't really something out of the ordinary that should get you excited.

[domarakooth]

This is an exceptionally common procedure of bitcoin. It normally shifts from 5-6% every day. I don't think this involves concern now. In the event that it goes down over 30% then it will end up more hazardous for every one of us. Be that as it may, this is something that generally happens so we don't should be stressed over.

If the growth continue like this for some days it will cross $10000 in this month, but the problem is that when the price moves up a little bit suddenly it collapsed and down again. That’s why $6000 is the constant price for bitcoin from the beginning of this year. When the market cap of bitcoin increases and there is no market manipulation the price will automatically go up.

[rickadone]

in bitcoin market there is a effect of etf i think. if etf will approved then we will see the change of btc price. and i believe at the end of year the price will go 10k.

To be honest. If the Bitcoin ETF is approve now, we will only see the effect for just a month before people start to dump their coins because the cryptocurrency market usually experience a lot of shorts during this time and every soon people we also sell some of their for the end of the year holiday. Therefore, it will be next year before we can see much bull run or effect of bitcoin ETF that's if it was approve.

Well there haven't been any approved etfs yet so what are you talking about? A price rise of 300 dollars isn't really something out of the ordinary that should get you excited.

I want to assume that people love getting excited for so many reasons best known to them, maybe because they are really in dire need to see a bull run or because they just want to keep making themselves hopeful and happy. Well, the latter is not bad anyway as long as they tend to be reasonable with it.

I also do not even see how ETF approval should be something to be looking forward to that much, and better to just concentrate on the market as it would behave however it wants to behave when the time comes.

[Clemcout]

This is an exceptionally common procedure of bitcoin. It normally shifts from 5-6% every day. I don't think this involves concern now. In the event that it goes down over 30% then it will end up more hazardous for every one of us. Be that as it may, this is something that generally happens so we don't should be stressed over.

If the growth continue like this for some days it will cross $10000 in this month, but the problem is that when the price moves up a little bit suddenly it collapsed and down again. That’s why $6000 is the constant price for bitcoin from the beginning of this year. When the market cap of bitcoin increases and there is no market manipulation the price will automatically go up.

Well, you have to understand that everything takes process and before we can even start seeing the possibilities of $10k, we may have to pass through some strong resistances and be able to trade above them for a while.

Nothing is guaranteed or certain yet in the market with the way things have been for a while now, so I would not be too optimistic or pessimistic at the same time, and I would rather just stick to whatever the trend decides to bring in the long run.

[zazarb]

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/

I think there is nothing important happened here, this is just usually fluctuation in Bitcoin price and nothing more. These price movements happen every day.

[kateycoin]

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.

I agree because everyday the price of bitcoin is changing even we are on bearish market or not. So I think even we on down trend what the say of every crypto expert is not important because it's depending to what people will choose.

You have point because no one in the experts will predict what will be the next price of bitcoin and we know that. Every second the price of bitcoin is changing so bearish or bull be thankful that we know what bitcoin and we can make a profit.

[Duogembrot]

the current bitcoin price seems to only be stable at a price of $ 6k up to the price of $ 6.5k and cannot increase the price more than that, the price of bitcoin is still very cheap so you can buy bitcoin when prices are as cheap as you can.

[pocketfullofpoke]

That's the scenario that's happening last year when bitcoin reached an all time high at 20,000$. But sad to say that what you have witnessed is just a sudden spike that never last long. What the people are waiting to happen is long weeks of bitcoin price hike.

[XinXan]

OH SHIT I thought this thread was from today haha. So it seems that the move we saw today happened in September as well, yeah probably nothing else will happen, Bitcoin always fails to see follow through after big moves lately.