Bitcoin is heading back to $6k

[Supercrypt]

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

I don’t know if I am to sympathize with you or not, how could you listen to people’s opinion without a strong conviction, you could have as well just carried your analysis and study to confirm if his prediction is right or not, now that we are already heading to $6000, you better still buy it now, and keep.

If you wanted to trade, you would have just split the money into 2, half for longer term investment and the remaining half for trading, but anyway, you still go the chance, because from $6000, we might really be heading towards $10,000 soon, so I don’t expect any price reversal again for now till further notice.

[Cherylstar86]

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.

Hopefully, we are really in the bullish market right now. I mean, many have been waiting for it for the longest time, just like a drop of rain in a long standing drought. It's a breath of fresh air seeing that the market is still alive and kicking with some good and positive change ahead rather than the constant dips and falls. Also, it sure is a good sight to see because, most of the time, when Bitcoin climbs in value, it goes the same for most altcoins that most people follow through. Which means, the market will be filled with transactions and movement again. I am just hoping it continues.

  The current market has shown a starting line of progression, breaking the barrier for a long months is a refreshing thought on which can enlighten to visionize a bountiful outcome of bitcoin's value will hit the massive peak. And hopefully it will continue to arise and persistently stable.  But we have to considerate the market volatility will change the possible value of some coins and it can affect to our deliberation and expectation.

[Vaculin]

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

I don’t know if I am to sympathize with you or not, how could you listen to people’s opinion without a strong conviction, you could have as well just carried your analysis and study to confirm if his prediction is right or not, now that we are already heading to $6000, you better still buy it now, and keep.

If you wanted to trade, you would have just split the money into 2, half for longer term investment and the remaining half for trading, but anyway, you still go the chance, because from $6000, we might really be heading towards $10,000 soon, so I don’t expect any price reversal again for now till further notice.

How could you listen to someone's opinions if you have seen the market making it to a bullish trend? So sorry for that but i think there's no chances for regretting because there are still great opportunities ahead. Just keep holding some of your coins and do not let other people control your mind. We can gain huge profits as  the price reaches another peak.

[yanetriwidia]

the current market is undergoing a trial of recovering 6000 $ and re test and re-test this can be proven that bitcoin dominates 54% which indicates that transactions with bitcoin are starting to increase and people are doing alt / btc pairs where people are all average holding bitcoin rather than altcoin hope the market can be like the previous year where the price is very good and stable so people are also increasingly interested in playing Crypto later

[ryzaadit]

Seem like my decision holding my cryptopofolio more than 5-7 month since bitcoin reach $3500 got a good result, Finally my estimation asset got double up. I hope bitcoin can breaks the resistance level at $6400 and heading back again at $7000

[erikalui]

I waited for almost a year for this price so I am selling my coins that I bought/earned at that rate. But currently it looks like it's again dropping due to price correction and now the price is back to $5.5k and alt coins including ethereum are all negative.

It shows: $5,549.30 USD (-0.30%)

[andika2018]

Seem like my decision holding my cryptopofolio more than 5-7 month since bitcoin reach $3500 got a good result, Finally my estimation asset got double up. I hope bitcoin can breaks the resistance level at $6400 and heading back again at $7000

Hope this continue and bitcoin price keep rising. 2019 will be a good year for crypto and i am still holding my coin and token too. I am believe crypto is future investment and i am still keep accumulating because many altcoin looks still cheap

[talkbitcoin]

I waited for almost a year for this price so I am selling my coins that I bought/earned at that rate. But currently it looks like it's again dropping due to price correction and now the price is back to $5.5k and alt coins including ethereum are all negative.

It shows: $5,549.30 USD (-0.30%)

bitcoin is currently fluctuating so it can not be considered either a rise or a fall. these fluctuations are of course on the rising part so we end up with a little bit higher price as time progresses. as a result you shouldn't really take these rises and falls seriously until we break some major lines. for now i am looking at $5900 as an important target to reach.

[FFrankie]

How can you say its heading back to 6k? Its an asset with an infinite demand and a limited supply which one could argue is really a decreasing supply since people lose their wallets/access to their coins. It is heading to the moon, slowly but surly. 

[maydna]

Seem like my decision holding my cryptopofolio more than 5-7 month since bitcoin reach $3500 got a good result, Finally my estimation asset got double up. I hope bitcoin can breaks the resistance level at $6400 and heading back again at $7000

Hope this continue and bitcoin price keep rising. 2019 will be a good year for crypto and i am still holding my coin and token too. I am believe crypto is future investment and i am still keep accumulating because many altcoin looks still cheap

It will continue to increase, don't worry about that. We have seen the crypto in the lower price, and since this year, all coins were already to gets up and adjust the price to the higher price. And that happened too with bitcoin price, and now we break $5000 again.

I think if everything were running well, we would see bitcoin reach $6k soon and perhaps, and it will reach on this month. The price still up and down and I think there is massive buy and sell order at the market but the dump of bitcoin price will always there.

And now, the price is at $5400 after it gets dump deeper than a few hours before but the line still moving to go up so perhaps, the dump is for the correction of the price. I hope that we will see another pump that will happen later.

[erikalui]

bitcoin is currently fluctuating so it can not be considered either a rise or a fall. these fluctuations are of course on the rising part so we end up with a little bit higher price as time progresses. as a result you shouldn't really take these rises and falls seriously until we break some major lines. for now i am looking at $5900 as an important target to reach.

$100 (1%) is also a huge dump considering the recent trend of bitcoin. I have seen that once the price drops, it keeps dropping. It took 4 months to increase by $1000 and even if it reaches $6k, it may be for an hour or two and then again we'll see a huge drop. I won't be able to sell my coins so fast as even exchanges will have huge sell orders due to the dumping. On most exchanges, I can see more sell orders than buy orders which proves that people just want to dump their coins rather than invest in BTC.

[calandra78]

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

I am realy sure bitcoin price going back to OVER $6K, so many newbie buy bitcoin to purchase goods and product online store. look at news amazon implemented bitcoin payment and soon other big online store will follow like amazon and i thing price will become same on 2017

[strunberg]

How can you say its heading back to 6k? Its an asset with an infinite demand and a limited supply which one could argue is really a decreasing supply since people lose their wallets/access to their coins. It is heading to the moon, slowly but surly. 

i think it could be more than just $6k.bitcoin has speciality in its function and supply.moreover now much country already legalized it , so will create huge demand from new investors to cryptocurrency market.

[buwaytress]

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

I don’t know if I am to sympathize with you or not, how could you listen to people’s opinion without a strong conviction, you could have as well just carried your analysis and study to confirm if his prediction is right or not, now that we are already heading to $6000, you better still buy it now, and keep.

If you wanted to trade, you would have just split the money into 2, half for longer term investment and the remaining half for trading, but anyway, you still go the chance, because from $6000, we might really be heading towards $10,000 soon, so I don’t expect any price reversal again for now till further notice.

I absolutely don't sympathise with anyone who doesn't take responsibility for their own actions. Am I going to kill McAfee if BTC doesn't hit 1 million dollars by 2020? And as much as I disregard him, he's surely got a lot more clout than some random friend some guy "believes in so much".

What's all this grieving over missed opportunities of weekly swells and dips anyway? Big picture, guys. If you're not even trying to look at it, then you might as well just stick to gambling on options or just keep taking hourly offers on BTC price at Fairlay or something.

[TheCoinGrabber]

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.

True, it took quite a while for bitcoin to dip to 3k. Since the rise still seem to be gradual compared to 2017, I'm also not expecting any sudden drop soon.

HODL really seem to be the best strategy for now while we wait for how high up the prices will soar.

[kumala_abi]

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.

True, it took quite a while for bitcoin to dip to 3k. Since the rise still seem to be gradual compared to 2017, I'm also not expecting any sudden drop soon.

HODL really seem to be the best strategy for now while we wait for how high up the prices will soar.

hold our asset in bearish trend prevent from losses.we sell our asset our asset value could decrease alot.and ofcourse we didn't want it happen to us,due our goal investing in this market to earning profit.

[ausbit]

Wow, bitcoin is just full of surprises, I didn’t really expect BTC to break the $5500 resistance so soon, although it was very close, but the struggle was not much, it seems we are really getting to close to $6000 as you said, I am sure many people will already be getting set to panic sell now, because they have been doubting the trend it will pick $6000

Now that we have the clear direction of where it is heading to next, we will continue to hold our coin while I advise those who are still looking for the best spot to buy, should do that now, so they don’t get confused when the price continues to skyrocket from the point it breaks its major resistance levels.

[Odonko]

You're damn right @OP, Bitcoin is actually gathering momentum to rise again. Waking up and seeing Bitcoin making such a jump in value actually put smiles on the faces of most crypto enthusiasts. To all those who are still waiting to see another bottom of bitcoin before they invest should think twice because i doubt bitcoin's price would come that low again.

[The Sceptical Chymist]

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

Well, you made a mistake.  Those kind of errors are very easy to make if you're betting on the price of bitcoin--and I'm not sure why your friend made that prediction, but it sounds like he/she believes in TA based on the way you wrote what was told to you.  I think TA is a bunch of hooey nonsense, but in any case all you had to do was look at bitcoin's momentum to realize that it was probably going to break through $5400.  The market is very bullish right now and it might stay that way for a while.

Wow, bitcoin is just full of surprises, I didn’t really expect BTC to break the $5500 resistance so soon

More TA speak, but I agree with what you said.  It seems like just yesterday that bitcoin was stuck in the $3300-$3600 range and had been there for many months.  That's one hell of a gain it's seen, and I'm just hoping it doesn't go up too much too soon, like it did in 2017.  If that happens, we're in for another crash and I for one don't want that.

Altcoins seem to be getting pounded, btw.  I took a big hit on some PIVX I own, but I'm hoping on a market rebound.  We all make trading mistakes.

Edit:

How could you listen to someone's opinions if you have seen the market making it to a bullish trend?

Whoops, I didn't even notice you wrote this--that's exactly what I was thinking and what I wrote myself.  That's why you can't listen to tips and follow other traders' advice.  It's often wrong or they'll try to make a profit off you by giving you intentionally wrong advice.  But anyone actually looking at the bitcoin market ought to have been able to see that the trend is upward, and that it's a strong trend (seemingly).

[Hannahanto]

Really confused with market moment. Other's opinion, news, analyses and growth trend do not support me to guess and trade. I bought few best coins when the market was in red for 3 continues days. This is again the 6th day, the coin remains falling down. To be open, i bought BNB when it was 24 dollars hoping for minimum a dollar growth in 3 days. But now it is $21 plus. A good coin, bullish market situation but the value is falling down.