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Author Topic: Will bitcoin remain above $4000 this time around?  (Read 954 times)
arpon11 (OP)
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May 06, 2019, 06:10:39 PM
 #141

Bitcoin prices have exceeded expectations and now the price has reached 5,000USD. This is a remarkable achievement because throughout 2018 and Q1 in 2019 we are always faced with a sluggish market. This is a positive change and I hope it will last for a longer period of time. Hopefully the market is on a good track and we can get satisfying results throughout 2019.

More than $5k now. We are still not in the mid-year but it looks like bitcoin is on the way to recovery. Investors are coming back into the market, maybe they want to join early or just going FOMO, but it is all good. Yes, a positive change that can eventually bring the market to a bull cycle, so let's see how it is going to be in and let's say optimistic that the run will continue up to the end of this month.
For your information,  the market is already in a bull cycles and that is why we are having consistently upwards movement.  I have been in this market for long and this year 2019 bitcoin actually is standing on the good note.  If you know what is good for you it is important you buy some units now and keep holding,  maybe the gods of bitcoin and others cryptocurrencies will favour us in this year and next year and we would be able to make millions from the market.  It is also very important we know that investing into cryptocurrencies entails risk and you should not go into it without proper understand of how this market work.
mace15
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May 06, 2019, 10:05:11 PM
 #142

The price of the bitcoin almost reach the $6000 last week before correction set in. I believe that bitcoin will eventually reach tge $6k if its stays above $5600. If there are no negative developments that affects the price of the top coin in the coming days, the price will surely stay above $4000. The market situation fof this year is turning positive as many altcoins are also going up.
Yes the market status these days shows a positive price in bitcoin and some altcoins rising up. I believe price will stays above 4k and hopefully we will cross $6k as long this good happening in bitcoin will continue.
Whosdaddy
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May 07, 2019, 09:54:02 AM
 #143

Since December last year that bitcoin fall below $4000 it has make several move of crossing above $4000 and it always get dumped after few days. I think a strong resistance has been created a little above $4000  and that is why we have not see a good recovery after this bear market.  As at this moment bitcoin is trading around $4,052 across most of the popular exchange and my question is will bitcoin get below $4000 again or it is on the part to break the resistance level that has been pushing it backward?
It has gotten above that and this time around we are just looking forward to it reaching the six thousand dollars benchmark. A lot of news has been carrying that there is going to be a bull this year and we don’t know when exactly it is going to be in this year. I have also seen some people to that claims there is not going to be anything as bull run this year because of the halving that is coming next year, so the halving is going to be that next year after the halving . If you ask me, I’d say it is going to be this year because they have been predicting bull run since early 2018🤔
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May 07, 2019, 11:22:41 AM
 #144

The price of the bitcoin almost reach the $6000 last week before correction set in. I believe that bitcoin will eventually reach tge $6k if its stays above $5600. If there are no negative developments that affects the price of the top coin in the coming days, the price will surely stay above $4000. The market situation fof this year is turning positive as many altcoins are also going up.
I don’t think that $6000 value should even be a concern to us again because I am already seeing BTC step foot finally on that value this week since it almost got so close to breaking that barrier, I have seen the way other price movement has been, to me, every time we see a little correction, within 2 to 3 weeks of this correction, it uses force to fully break the next barrier.

It is just as if someone is controlling the market and I really love it price movement now, lot of people won’t be too agitated again and will just be watching the price to keep picking its next target till probably we shift towards the bull run.
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May 07, 2019, 01:21:00 PM
 #145

Currently the price and the market are in green but no one can't predict how long this will last. It could happen that the growth will continue and maybe cross the "magic limit" of 6000$ or the price might pull back. At the moment, even if some corrections happen, I don't expect for price to go under 4000$but it's not excluded that this will happen again in the future.

add1ct3dd
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May 07, 2019, 02:16:22 PM
 #146

We can see that right now market has been stable for the past few weeks at $5000 it slowly rising and i don’t see some point that bitcoin go  down again in $4000 price,  like there’s so many news lately showing that huge company will try to invest a decent amount of money and also facebook was trying to create it’s coin and based it into a payment system, I’m predicting bitcoin value will still stable and increase it value slowly.
arpon11 (OP)
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May 07, 2019, 06:49:06 PM
 #147

We can see that right now market has been stable for the past few weeks at $5000 it slowly rising and i don’t see some point that bitcoin go  down again in $4000 price,  like there’s so many news lately showing that huge company will try to invest a decent amount of money and also facebook was trying to create it’s coin and based it into a payment system, I’m predicting bitcoin value will still stable and increase it value slowly.
Bitcoin is about to actract large funds into it and many big investors are speaking good about it now than before.  I am happy that we can now saying positive things about bitcoin and cryptocurrencies market on like last year when all our words were negative about the market.  I could remember feeling sad one day because I read an article that predicted bitcoin to fall as low as $500 in 2018 but thank God that did not happen and now we are seeing some prediction that bitcoin might grow to $50,000 and I do believe in this!
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