Bitcoin is heading back to $6k

[pinoycash]

A lot of obstacles are lying ahead of the $6K level. Everyday we are getting discouraging news about crypto. Today there was a news that the Indian lawmakers are proposing to completely ban any kind of crypto-currency trading. India may be a small market, but there will be some impact on the prices. Also we already know about the proposed mining ban in China. What we need at this point of time is some good news from the big markets to resume the bull rally and to diffuse the reservations regarding Bitcoin.

The news about tether and bitfinex scandal causes major downturn on the price of bitcoin, it suddenly reverse the good price rally of bitcoin to $6k USD,.

Ban News is nothing new and usually this kind of PR stunt wont affect the price anymore.

[Ayiranorea]

A lot of obstacles are lying ahead of the $6K level. Everyday we are getting discouraging news about crypto. Today there was a news that the Indian lawmakers are proposing to completely ban any kind of crypto-currency trading. India may be a small market, but there will be some impact on the prices. Also we already know about the proposed mining ban in China. What we need at this point of time is some good news from the big markets to resume the bull rally and to diffuse the reservations regarding Bitcoin.

The price is predicted to reach $6000 by now, and to the users expectancy we don't get the market moving. Even now it has got more obstacles that need to be crossed to reach the $6000 mark. From my view there is more chance of a steady growth with minor fluctuations after crossing $6k. First reaching $6k is getting delayed and this time more news has found relative to bitcoin and those weren't completely negative but those are a kind of news which is upon users perspective of how he looks into it.

[Vaculin]

Just as bitcoin is able to maintain current prices because many people have been expecting an increase for a long time and now Bitcoin has managed to answer that this year will be an increase for bitcoin!

I bet it has all the chances to reach 7 and even 8 thousand! Bitcoin seems to start going up steadily (last few months), and I am sure, this speed of the run will be increasing. Thus, it will be good to buy BTC.

Hopefully if bitcoin price will continue to create a steady growth increase, then it might reach $10k at the end of this year. There may be fluctuations or dropdown of prices along the way but i think the market price will not go back anymore to its bottom price of $3k.

[freedomgo]

Just as bitcoin is able to maintain current prices because many people have been expecting an increase for a long time and now Bitcoin has managed to answer that this year will be an increase for bitcoin!

I bet it has all the chances to reach 7 and even 8 thousand! Bitcoin seems to start going up steadily (last few months), and I am sure, this speed of the run will be increasing. Thus, it will be good to buy BTC.

Hopefully if bitcoin price will continue to create a steady growth increase, then it might reach $10k at the end of this year. There may be fluctuations or dropdown of prices along the way but i think the market price will not go back anymore to its bottom price of $3k.

We don't want to see a low price again, I already think more optimistic now and I don't see any change bitcoin will again dump.
The signs are here, people are more bullish and the trading volume have significantly increase, with the current volume I can say there are here again and the market is not boring anymore.

Let's always hope for the best, because the growth of crypto is also our success.

[xabre]

I hope bitcoin could back again to higher price and raised about $6k but today we got bitcoin back to lower price, maybe need time for bitcoin how to raised to higher price and more than up above $6k for the future.

[andriarto]

Just as bitcoin is able to maintain current prices because many people have been expecting an increase for a long time and now Bitcoin has managed to answer that this year will be an increase for bitcoin!

I bet it has all the chances to reach 7 and even 8 thousand! Bitcoin seems to start going up steadily (last few months), and I am sure, this speed of the run will be increasing. Thus, it will be good to buy BTC.

Hopefully if bitcoin price will continue to create a steady growth increase, then it might reach $10k at the end of this year. There may be fluctuations or dropdown of prices along the way but i think the market price will not go back anymore to its bottom price of $3k.

We don't want to see a low price again, I already think more optimistic now and I don't see any change bitcoin will again dump.
The signs are here, people are more bullish and the trading volume have significantly increase, with the current volume I can say there are here again and the market is not boring anymore.

Let's always hope for the best, because the growth of crypto is also our success.

even though there is a deep correction at the moment, but I am still optimistic that the bullish trend will occur and continue. therefore we don't panic for now, because the correction is only temporary, and soon we can see a higher increase

[CTRLX]

To be honest in last days i was very positive about the Bitcoin price because it seemed like it’s climbing a higher point. But somehow there is some rumours to speculate the market now, we’ll see how it might effect the prices. I hope everything goes well.

[Janation]

To be honest in last days i was very positive about the Bitcoin price because it seemed like it’s climbing a higher point. But somehow there is some rumours to speculate the market now, we’ll see how it might effect the prices. I hope everything goes well.

Well, there comes our patience and skills.

If that will be true then we should be ready to what might happen, we should brace ourselves and make a countermeasure for that so we can avoid having big losses. The price of Bitcoin is getting better and better, it might have minor changes every minute but for me, it is still great. I will keep on holding and keep on waiting.

[mersal]

But I don't know why it was studying in the same situation for a long term and suddenly the drops are happening right now and again it's going into the 5000 to 6000 dollars I think it definitely need to be changed then only the profit will keep continuing to come for everyone.

[passwordnow]

I've seen the drop earlier and that's so fast in terms of dumping sessions. Are we having the new support and bitcoin is maintaining its position with $5k-level?

Of course that is completely possible, what you are going to do then? are you going to start panicking?

Nope. I'm not going to panic, I don't have new plans so far and I'll stay with my typical plan of holding on and trading with few of my coins on my portfolio.

As long as the pattern that I am seeing from the past 2 months will continue then I can somehow guarantee you that before the month of april ends we are going to close the price to $5k. Nope the pump and dump are actually very stable having a probability of less than 5% per day trade till it suddenly goes up a little bit higher and sometimes will also go dump little deeper than the probability.

Thanks for that encouragement. I just like to see it stay on this level while waiting for higher opportunity but if it didn't go according to what we are thinking. I'm ready to buy with the lowest price that I can get more bitcoin.

[legenduim]

Just as bitcoin is able to maintain current prices because many people have been expecting an increase for a long time and now Bitcoin has managed to answer that this year will be an increase for bitcoin!

I bet it has all the chances to reach 7 and even 8 thousand! Bitcoin seems to start going up steadily (last few months), and I am sure, this speed of the run will be increasing. Thus, it will be good to buy BTC.

Hopefully if bitcoin price will continue to create a steady growth increase, then it might reach $10k at the end of this year. There may be fluctuations or dropdown of prices along the way but i think the market price will not go back anymore to its bottom price of $3k.

Still, we remember about the bloodbath times and check Bitcoin rates often to be convinced in its growth. Suppose, BTC will be gaining not decreasing in its price. It can reach 7-8 thousand this year.

[sarmrakib]

The crypto market are on the bearish momentum .BTC price is around 5260$ .Its look like btc on strong support level .The market could go sideways else a big bull run .It has recovered enough in last month and still continuing its momentum, I hope the price will touch 6K$ level soon .

[whirlcoin]

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


  

it is very easy target for the kind to achieve but it will not enough to manager waiting from a long period of time I expect a long development in this get then only there is some reasonable uses will happen for my waiting since from a long period of time.

[moynul2050]

the price of 6k is not a difficult thing to achieve, even in reality today is not a good condition for other crypto currencies, but bitcoin is able to improve prices in these difficult circumstances, so if market conditions improve then I'm sure bitcoin will be much better now

[microbb8]

I think that we will soon see the price for Bitcoin at $ 6k. The mood of the market has changed in a good way capitalization is growing. The market is gaining momentum and I hope will no longer fall.

[BlueStackz]

I just like to see it stay on this level while waiting for higher opportunity but if it didn't go according to what we are thinking. I'm ready to buy with the lowest price that I can get more bitcoin.

This is the best method I do apply to gain more profit in this market, we all desire the market to always stay on top, but since we have no power to control the market and we don’t know exactly what will prompt people into making investment that will cause a pump, we have to always still look for other opportunities in the market while we await the coin to increase in price.

Opportunities  like trading or keeping extra cash to use also in taking advantage  of the dumped price to buy and then sell when the price dump, bitcoin has dumped in price for some days now, this should be an opportunity to buy, so that when it increase in price, we can sell to make profit.

[Rooster101]

There is no doubt that bitcoin is finally back on track as its price stayed above $5000 and there is a posibility that it would go up to $6000 in the coming weeks. But, there is always a price correction in every acceleration so i think bitcoin may still go down below $5000 before it resumes its uptrend. Being a volatile currency, bitcoin is always susceptible to any developments in the crypto market and always react whatever the news related to cryptocurrencies and the market.

[BITCOIN4X]

-Skip

Maybe you have a reason why you don't hesitate to say that Bitcoin can reach $6000 in the next few weeks. But is your belief very relevant to analysis? Price history every day, week, month and year shows how much potential to make a profit on the exchange. Bitcoin price fluctuations will continue to exist and this will always be influenced by interest, good news, and others.

[hawkins]

I was so hopeful that this month could reach $ 6k, but seeing a date that changed a little more, I don't think that would happen this month. May will bring new hope, I think, we need to think of a good strategy to make the month fun. I think the price of bitcoin can reach $ 6k for the month.

[Caladonian]

There is no doubt that bitcoin is finally back on track as its price stayed above $5000 and there is a posibility that it would go up to $6000 in the coming weeks. But, there is always a price correction in every acceleration so i think bitcoin may still go down below $5000 before it resumes its uptrend. Being a volatile currency, bitcoin is always susceptible to any developments in the crypto market and always react whatever the news related to cryptocurrencies and the market.

Is not bitcoin who reacts but the investors and traders who's playing inside this market, they've been move by the news which spreading, now that the trends is moving back to positive, there's good potential that if this month we did not achieved the target, it can be in the following and maybe much stronger and higher than what we are expecting, just need to continue being positive and things still achievable in the long run.