Bitcoin is heading back to $6k

[FlightyPouch]

Bitcoin is heading towards 12000 dollars once btc cross 6300 dollars the next target is 12000 dollars so soon we may see possible bullish pump in the market

It really is surprising me right now. The time I posted this we are at $6777 and I think this is going so fast and I am fearing that this might be a bubble but don't take this post seriously, I am just surprised by this quick increase. I never looked one day and after that it increased already almost $1K, that is amazing. Lets keepcthis steady and shoot towards the moon.

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[kumala_abi]

I think it will indeed happen and after that happened I could read a few articles that bitcoin will reach the next target which is $ 20000 but sometime the time is certain to achieve that, of course it will experience many corrections that might occur.

after we hit $7k today, maybe we will see correction in market.investors and traders that buying on low maybe take some profits before continue buying again.i am sure this year we will able to hit above $10k.

[peter0425]

I think it will indeed happen and after that happened I could read a few articles that bitcoin will reach the next target which is $ 20000 but sometime the time is certain to achieve that, of course it will experience many corrections that might occur.

after we hit $7k today, maybe we will see correction in market.investors and traders that buying on low maybe take some profits before continue buying again.i am sure this year we will able to hit above $10k.

Never seen the price hits $7k though, there was some correction when it hits $6900 but the price seems to pick up in the $6800 levels so an indication that support is very strong and there are a lot of buyers around this time (or alts investors are selling their stash and invest on bitcoin).

[Nhor1011]

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 realy a great day for every bitcoiners. Hoping that it will continue to rise and increase more. A lot of speculation and predictions if when bitcoin recover from dump but now we can see a continues increase it's value which is good for all investors and traders. I think many are already got profit from this increased.

[Kuchiyose]

I think it will indeed happen and after that happened I could read a few articles that bitcoin will reach the next target which is $ 20000 but sometime the time is certain to achieve that, of course it will experience many corrections that might occur.

Correction will continue to exist in a virtual currency. but I see the increase in Bitcoin prices continues to increase this month and maybe in the following month it will continue to increase. Take the right steps to get what you want.

[Indamuck]

I'm not sure how much longer this run will last, we may get another dip under 5k as whales look to cash in some quick profits.  I would be very careful buying during this pump, you may get destroyed.

[ololajulo]

Everyone should always expect corrections at every huge movement in a short while, I think it is not meant to be discussed every time but for the case of newbies that worry about their investments we can talk about it sometime because we still need a lot of them with their fund. For now until the next bull run, bitcoin investment is a safe cruise, not like Titanic ship . I will encourage you to check the coinmarketcap every other week to help your anxiety.

[yoseph]

I'm not sure how much longer this run will last, we may get another dip under 5k as whales look to cash in some quick profits.  I would be very careful buying during this pump, you may get destroyed.

i think people are being way optimistic about the current run of bitcoins at this moment, People are claiming that its going to reach $400K which may sound very good but it's just too much in my estimation. I really don't know the reason for the current run but i welcome and appreciate it.

[GreenStox]

Everyone should always expect corrections at every huge movement in a short while, I think it is not meant to be discussed every time but for the case of newbies that worry about their investments we can talk about it sometime because we still need a lot of them with their fund. For now until the next bull run, bitcoin investment is a safe cruise, not like Titanic ship . I will encourage you to check the coinmarketcap every other week to help your anxiety.

usually the problem for beginner traders is that they are afraid to take steps, meaning they have monitored price movements and waited until prices fell but when the price fell this new trader was afraid to enter and buy coins because he thought they would fall again, and prices rose , so that this new trader is late to buy coins.

[ololajulo]

Everyone should always expect corrections at every huge movement in a short while, I think it is not meant to be discussed every time but for the case of newbies that worry about their investments we can talk about it sometime because we still need a lot of them with their fund. For now until the next bull run, bitcoin investment is a safe cruise, not like Titanic ship . I will encourage you to check the coinmarketcap every other week to help your anxiety.

usually the problem for beginner traders is that they are afraid to take steps, meaning they have monitored price movements and waited until prices fell but when the price fell this new trader was afraid to enter and buy coins because he thought they would fall again, and prices rose , so that this new trader is late to buy coins.

buying at $6000 now is still a good price but who knows where the correction might find its base before another pull. Newbie now should know they are buying just like other professional though some have accumulated more earlier. It is getting better, just make 2015 bitcoin chart your wallpaper to know the trend

[usorin]

Yes, the price of bitcoin is growing and in the same time all others altcoins grow with it. Bitcoin is similar with rain to the grains.

[Apes]

now BTC price has exceeded $ 7K, the BTC price has jumped very fast, unlike the previous week's which difficulty crossing the $ 6K barrier, from $ 6K to $ 7K it only took a few days, generally to boost $ 1K need at least 2-3 weeks. and i am sure the BTC pump will continue towards $ 8K until the end of next week. everyone are looking forward for it when the BTC returns $20K.

[Ipwich]

now BTC price has exceeded $ 7K, the BTC price has jumped very fast, unlike the previous week's which difficulty crossing the $ 6K barrier, from $ 6K to $ 7K it only took a few days, generally to boost $ 1K need at least 2-3 weeks. and i am sure the BTC pump will continue towards $ 8K until the end of next week. everyone are looking forward for it when the BTC returns $20K.

This month so far we have a good boost of price, and I think the longer it continue to rise, the bigger it will pump.
We haven't seen this kind of movement in the past, what are we going to do now, prepare for the set back or just let it fly and enjoy?

[shesheboy]

This month so far we have a good boost of price, and I think the longer it continue to rise, the bigger it will pump.

only this month ? what about last month ? this year is actually a good year for all the cryptos not just bitcoin alone because we can clearly see that they are now recovering from a trauma that they experience last year  .

We haven't seen this kind of movement in the past, what are we going to do now, prepare for the set back or just let it fly and enjoy?

no meyt , we already witnessed this kind of situation before  . last months and last two years ago are the example  . the increase on the price is not really a rare occasion  . best thing to do now is enjoy while it last because we will never know when it will last .

[bitzizzix]

In recent days the increase in bitcoin has been very good and fast and has now reached around $ 7000 + and in my opinion will continue to increase.

but the increase in bitcoin does not carry other coins and Altcoin in balance, and that doesn't matter because in the end other coins and Altcoin will rise following the movement of bitcoin.

[Janation]

Yes, the price of bitcoin is growing and in the same time all others altcoins grow with it. Bitcoin is similar with rain to the grains.

No, how can you say that?

If you are watching the price charts, you can see that it is really bad when you look at an altcoin to BTC. While the BTC is increasing, the equivalent of an altcoin to BTC is falling. That really is bad since I am looking forward to trading some of my altcoins to BTC but I am a bit too late since the price of it in BTC decreases than my expected amount.

[virasog]

Yes, the price of bitcoin is growing and in the same time all others altcoins grow with it. Bitcoin is similar with rain to the grains.

No, how can you say that?

If you are watching the price charts, you can see that it is really bad when you look at an altcoin to BTC. While the BTC is increasing, the equivalent of an altcoin to BTC is falling. That really is bad since I am looking forward to trading some of my altcoins to BTC but I am a bit too late since the price of it in BTC decreases than my expected amount.

If you are holding the altcoins, then you should not sell them at a loss. At the present all the altcoins are at too much loss and selling will mean a big loss in terms of satoshi value. Bitcoin movement is very fast for last few days and it will stable in next few days. At that time the altcoins will pump and that will be a good time to get profits from the alts.

[freedomgo]

Yes, the price of bitcoin is growing and in the same time all others altcoins grow with it. Bitcoin is similar with rain to the grains.

No, how can you say that?

If you are watching the price charts, you can see that it is really bad when you look at an altcoin to BTC. While the BTC is increasing, the equivalent of an altcoin to BTC is falling. That really is bad since I am looking forward to trading some of my altcoins to BTC but I am a bit too late since the price of it in BTC decreases than my expected amount.

If you are holding the altcoins, then you should not sell them at a loss. At the present all the altcoins are at too much loss and selling will mean a big loss in terms of satoshi value. Bitcoin movement is very fast for last few days and it will stable in next few days. At that time the altcoins will pump and that will be a good time to get profits from the alts.

We were able to stay patient for a long period of time that's why we are here and enjoyed bitcoin's good increase.
I think we can also do that with Altcoins, we have to wait, as long as they are good project with legit team that are working, they will have their time to rise.

[Sithara007]

If you check the charts, then the pattern is very clear. There is hardly any resistance for the bull rally. When the current bull run started almost one and a half months back, it was a slow and mild movement. But the demand seems to have picked up now, and we can expect 10K within a few months (or even a few weeks). Once the 10K mark is attained, we can also expect mild levels of profit booking, as those who had purchased the coins at 3K will be looking to book returns.

[fauzan Ichsan]

If you check the charts, then the pattern is very clear. There is hardly any resistance for the bull rally. When the current bull run started almost one and a half months back, it was a slow and mild movement. But the demand seems to have picked up now, and we can expect 10K within a few months (or even a few weeks). Once the 10K mark is attained, we can also expect mild levels of profit booking, as those who had purchased the coins at 3K will be looking to book returns.

I think breaking the $6000 figure is an achievement, and increasing investors' confidence to return to Bitcoin. I think even though they are looking for returns, but if trust is higher, I don't think it will interfere with Bitcoin's journey upwards