Bitcoin is heading back to $6k

[cybersofts]

Wow, the bitcoin is very bullish today.
It appears the bitcoin price is heading back to $6k.
The bitcoin market cap added about $6 billion in 2 days as i speak.
The entire cryptocurrency market adds about $12 billion within the last 48 hours.

    * BTC Dominance = 53.02% - Up(0.4%)
    * Total Market Cap = $187.02B - Up (3.9%)
    * Total Volume = $ 57.43B - Up (16.4%)

What do you think about market behavior today? Do you think the bitcoin is going to back $6k or not? thanks


  

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[Lawrenzoo]

I am really not happy seeing this report, i made the greatest mistakes of my life last night, someone i believed in so much that bitcoin will not climb above $5400 before retracing its step back to $4500 and then speeding up to BULL, i was mislead by him and i sold my coin, only for me to wake up this morning and found out that bitcoin had broken the $5500 resistance

[okala]

The market is indeed bullish today just around 7 am this morning we have $5500 bitcoin price and now $6611 that is indeed massive positive movement within a short period. Am very optimistic that we are going to arrive at $6000 before this weekend as the market keep progressing in a positive dimension.

[Indamuck]

I am really not happy seeing this report, i made the greatest mistakes of my life last night, someone i believed in so much that bitcoin will not climb above $5400 before retracing its step back to $4500 and then speeding up to BULL, i was mislead by him and i sold my coin, only for me to wake up this morning and found out that bitcoin had broken the $5500 resistance

This is why you hodl and don't attempt to day trade.  Its likely that the price will never dip down to what you sold your coins for.  You may end up having FOMO and buy for a much higher price.  If you are serious about making money I wouldn't wait much longer, a lot of institutional investors are dipping their toes in crypto now.

[ralle14]

We won't see Bitcoin go back to $6k today it's unlikely that the price would continue to increase by almost 10% before the day ends. If you said within the next few days or week I would've said yes.

I am really not happy seeing this report, i made the greatest mistakes of my life last night, someone i believed in so much that bitcoin will not climb above $5400 before retracing its step back to $4500 and then speeding up to BULL, i was mislead by him and i sold my coin, only for me to wake up this morning and found out that bitcoin had broken the $5500 resistance

If you profited (or avoding losses) by selling your Bitcoins yesterday then it's not the worst decision. If i'm in your position I might've done the same too.

[7jaka7]

   * Total Volume = $ 57.43B - Up (16.4%)

There's so much fake volume that this is almost irrelevant.

What do you think about market behavior today? Do you think the bitcoin is going to back $6k today or not? thanks

It's good.
Could be yes, maybe not today but in the next few days it is totally possible. But what is even more possible is a correction after that. This growth can't continue at this pace.

I am really not happy seeing this report, i made the greatest mistakes of my life last night, someone i believed in so much that bitcoin will not climb above $5400 before retracing its step back to $4500 and then speeding up to BULL, i was mislead by him and i sold my coin, only for me to wake up this morning and found out that bitcoin had broken the $5500 resistance

If you have to listen to others for this kind of things never go all-in with one trade. Money management is important.

[Ranly123]

Wow, the bitcoin is very bullish today.
It appears the bitcoin price is heading back to $6k.
The bitcoin market cap added about $6 billion in 2 days as i speak.
The entire cryptocurrency market adds about $12 billion within the last 48 hours.

    * BTC Dominance = 53.02% - Up(0.4%)
    * Total Market Cap = $187.02B - Up (3.9%)
    * Total Volume = $ 57.43B - Up (16.4%)

What do you think about market behavior today? Do you think the bitcoin is going to back $6k today or not? thanks


  

Seeing these current uprise of Bitcoin makes me get excited on my holdings. It's always good to have patience especially when you know that there is a right time where the price will go up again. Anyways, I don't see Bitcoin reach $6k this instant but maybe in the coming days it will.

[jjjfff]

Rumours that hedge funds and other equity funds will start buying BTC.

[Fredomago]

We won't see Bitcoin go back to $6k today it's unlikely that the price would continue to increase by almost 10% before the day ends. If you said within the next few days or week I would've said yes.

I can agree to that, giving few days the market can make more strong moves and bring the value up to that high, there's additional new big players might be or old investors are now moving back and start to invest larger amount of money to bring the bull back.

[BrewMaster]

Wow, the bitcoin is very bullish today.
It appears the bitcoin price is heading back to $6k.

although i already have a topic about the fast rise (aka FOMO) and i believed it will be like that but this doesn't seem to be a fast one to me. it seems mostly like the 2015 rise with a slow and steady rise without any back tracks.
so $6k will happen but it will take a longer time like a week instead of in a couple of hours.

The entire cryptocurrency market adds about $12 billion within the last 48 hours.

that is only because bitcoin price went up and although all the altcoins got dumped today, they still are being reported on coinmarketcap against USD which doesn't make sense for 80% of them. as a result that unimaginable supply multiplied by the small rise creates a fake total market cap.

    * BTC Dominance = 53.02% - Up(0.4%)

that means absolutely nothing

[Bitinity]

The market is indeed bullish today just around 7 am this morning we have $5500 bitcoin price and now $6611 that is indeed massive positive movement within a short period. Am very optimistic that we are going to arrive at $6000 before this weekend as the market keep progressing in a positive dimension.

It must be a typo as it is not even reached 6k today.
Indeed there is positive movement today but it does not guarantee it will reach 6k very soon. If the trend continues so we can hope to see 6k soon, but I'll see for the next few hours. At least I'm still holding some since I bought it at $4,500 sometime ago but I would not buy it again now.

[dark08]

Bitcoin dominance again what a good run today just see something new uptrend for bitcoin but OP the price not reach the $6k level its $5600 but this is a good sign for all bitcoin holder.
Is this the start of bull run or this is a bull trap? what do you think guys because based on bitcoin chart the indicators already in the top meaning we already in a bearish anytime but bitcoin make another move.

[bittraffic]

I'm all positive its going to reach $6k before May. It continues do so since the time it break $5k, I didn't even expect how quickly it got to $5.5k. It may be dumped again but will soon bounce again. I think the rise of BTC is because traders are now dumping altcoins for BTC, the demand goes up and so does the price. A lot are expecting BTC pump but its still not confirm bullrun because altcoins are being left behind here.

[tomahawk9]

Wow, the bitcoin is very bullish today.

Not just today, market sentiment has been bullish for the past several weeks, right after the pump from 4.1k to 4.6k in the btc price.

About the current uptrend, it looks like two large buys triggered the spike in the price. First one was yesterday when there was a small spike in the price from 5.2k to almost 5.4k, and the another one around 10 hours ago when the price shoot up from 5380 to almost 5600. It seems like after consolidating for a bit around the 5.2k mark, we're now going to test 5.6k and see if there's enough resistance on that level. Still don't think we're going to 6k anytime soon.

[DmitFomin]

Bitcoin looks good over the past few weeks and now it continues to grow. It is possible that its price will exceed $6000 and consolidate above this mark. Then it will be another confirmation that the bull market is returning.

[bitcoin31]

It depends $6000 is very now because we are in the price of $5,572 and we only need more than $400 before it reach again that value. But this now we have another goal already achieve because after stable price we increase again and we expect more rising value this moment.

[Bunsomjelican]

I am really not happy seeing this report, i made the greatest mistakes of my life last night, someone i believed in so much that bitcoin will not climb above $5400 before retracing its step back to $4500 and then speeding up to BULL, i was mislead by him and i sold my coin, only for me to wake up this morning and found out that bitcoin had broken the $5500 resistance

On this happened, it is shows only that market was really unpredictable, We never know what will happen tomorrow. However for me, It was pity for me due to that I never buy Bitcoin since last week because I don't have fund enough to buy it, which is actually annoyed me. But still god I guess to buy more now for it due to for sure it will kick again into 10k$ sooner or later, just hold

[Adriano2010]

Well i think the price will go to 6000$ but can take some time and i think will not reach today, but if the price will go to 10000$ then we can start thinking the bull run will start.

[ecnalubma]

The crypto markets looks promising and in great shape however we still need to be very careful and analyze everything. I hope the declines won't dig deeper if the momentum continuous then probably we are in the bull season.

[markstivn98]

I'm really happy with this hike, it's a flowering day for bitcoin. I think by the end of this month it will be up to $ 6,000
 which makes me more optimistic to keep my business and not sell it at this time.