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Author Topic: Bitcoin is heading back to $6k  (Read 2220 times)
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May 21, 2019, 04:35:48 AM
 #321

Due to the latest movements of BItcoin, I really do not know how to operate it, I think it would be good not to operate until we can clearly see which direction the market can take, many times we should choose this option, because it is a piece of advice that gave one of the greatest speculators of all time, is Jesse Livermore, who always said that many times the market does not give options to enter, and to enter guessing or doing gambling the possibilities of having a failure become great.

Currently the market has shown a correction, apparently a massive sale of bitcoins and without stopping to speak on the part of many Exchanges the amount of liquidations that there was in LONG, it is impressive to see it, but everything is possible here due to the high volatility of the market , if we see it in this way it is possible that the correction remains there and a lateralization is formed which offer below the price, not enough to continue falling, but a phase of lateralization or possible recovery would fall well to the market in order to have more confidence, especially for investors to enter with more security, because if investors see that it can continue to fall many will panic and sell much more, causing the price to collapse, but if another turn is made towards another small rally, we would be testing good levels of supply, it would be excellent to be able to reach the $ 8ky and go over them in a little so that a liquidity zone is formed so that and the price is not going down so low, since that price range is usually very psychological for people and operators in general.

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May 21, 2019, 04:58:04 PM
 #322

Bitcoin's price may be down to $ 6000 once the negative news is published, but I don't think we're going to see a huge drop in the long run as in 2018. Bitcoin now seems to be continuing to rise intermittently for several years.
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May 21, 2019, 05:19:57 PM
 #323

Bitcoin's price may be down to $ 6000 once the negative news is published, but I don't think we're going to see a huge drop in the long run as in 2018. Bitcoin now seems to be continuing to rise intermittently for several years.
Indeed, it doesn't seem to be going down again to $6k and will continue with the stability that will be maintained for the next 1-2 years, I see the crypto market this time has an attractive appeal that will make prices soar in the following years and say prices bitcoin in the future has the lowest value maybe above $10k.

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May 21, 2019, 05:50:18 PM
 #324

From 6000 it has now ran towards 10000. We all investors believe that it is 8500 now. But it is expected that all of us have 15000 crosses this year.
Same as you I am expecting the same thing from my investment that it will become more than 15k with this year but no one can actually tell about market, but as much as I know recent price of bitcoin is almost 8k and it is increasing to reach 10k in 2019, 6k has become an old price bitcoin actually rising above this now.

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May 22, 2019, 09:55:43 AM
 #325

Well, it reach more than of what we have expected as it now fast moving to hit the $8,000 mark. Hopefully this is it the rise up that we have waiting for a very very long time that that bullish is now starting towards a healthy market environment.
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May 22, 2019, 10:01:58 AM
 #326

Well, it reach more than of what we have expected as it now fast moving to hit the $8,000 mark. Hopefully this is it the rise up that we have waiting for a very very long time that that bullish is now starting towards a healthy environment.
Market is gaining resistance, with the 2017 bull market almost similar kind of price increase took place. When predictions were about the price reaching $6000 the market pumping took it high to reach ath. As of now the price is to reach $8000, crossing this we can expect some quick increase in the market of almost every cryptocurrency.

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May 22, 2019, 02:17:39 PM
 #327

Bitcoin will not return at $ 6000 anymore. I can assure you. Our crypto market is being trusted and invested by many investors from many countries.
The inflation rate is getting higher and that is similar to the more people want to buy more BTC. Its price will soon reach $ 10,000 in Q4.

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May 22, 2019, 03:07:49 PM
 #328

The price of Bitcoin is now around $ 8000 and only dropped a little then rose again and did not reach $ 6000 and this month the movement of bitcoin is still in good condition.
and in my opinion bitcoin will continue to grow step by step towards the highest prices, we must be patient maybe now is undergoing correction.

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May 22, 2019, 04:54:43 PM
 #329

Bitcoin will not return at $ 6000 anymore. I can assure you. Our crypto market is being trusted and invested by many investors from many countries.
The inflation rate is getting higher and that is similar to the more people want to buy more BTC. Its price will soon reach $ 10,000 in Q4.

That is something that no one can assure, In cryptocurrency anything can happen and see how it jump from 3.5k to 8.4k in just 2 weeks so a reversal could happen anytime when the leased we expected. The best thing we could do is to keep watching the market movement and to set our stop loss in our most comfortable price.


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May 22, 2019, 06:16:35 PM
 #330

Bitcoin will not return at $ 6000 anymore. I can assure you. Our crypto market is being trusted and invested by many investors from many countries.
The inflation rate is getting higher and that is similar to the more people want to buy more BTC. Its price will soon reach $ 10,000 in Q4.

That is something that no one can assure, In cryptocurrency anything can happen and see how it jump from 3.5k to 8.4k in just 2 weeks so a reversal could happen anytime when the leased we expected. The best thing we could do is to keep watching the market movement and to set our stop loss in our most comfortable price.

Can Bitcoin fall again to 3.5k $? What do you think about that? What is the probability of this? If the price starts to fall, then people will start buying Bitcoin right away and will not allow the price to fall. As after the price increase to 8k $, the belief appeared that the bullran would soon begin.
Paashaas
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May 22, 2019, 06:26:15 PM
 #331

Atleast this new bull run has started very explosive.

We are going to see those $1k a day pumps more frequently.
jambul_kribo
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May 22, 2019, 07:11:55 PM
 #332

The price of Bitcoin is now around $ 8000 and only dropped a little then rose again and did not reach $ 6000 and this month the movement of bitcoin is still in good condition.
and in my opinion bitcoin will continue to grow step by step towards the highest prices, we must be patient maybe now is undergoing correction.
correction bullish momentum only take few hours.buying order still dominate in market now after we see bitcoin price reach $8xxx.maybe waiting till it drop and reach around $6k will not happen again in future.technically its confirmed and we have to see fundamental confirmation.

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bravehearth0319
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May 22, 2019, 09:01:07 PM
 #333

Actually the price of Bitcoin now was 7849$ https://coinmarketcap.com/currencies/bitcoin/ it is already surpassed of what you are thinking about mate. While bitcoin is bouncing most altcoins are dumped its price though few of them are pumping their already a couple of weeks ago. So, I am expecting that before end of this month I think bitcoin possible reach 8000$ up to 9000$ just an opinion.
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May 22, 2019, 09:53:43 PM
 #334

The price you mentioned is surpassed of 7k and it will continuous to grow. Hopefully the price in the market will be continue because I'd the price  drop again people will be panic and  sold what they. Always observe the market before decide anything that may cause regrets.
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May 22, 2019, 10:50:13 PM
 #335

The price you mentioned is surpassed of 7k and it will continuous to grow.
the price did passed 7k but we wont know if how high the price can reach . As of now btc price is falling again .

Quote
Hopefully the price in the market will be continue because I'd the price  drop again people will be panic and  sold what they.
Not all will sold and not all will panic because not all are weak handed,  only noobs that have a lack of patience and knowledge are the ones that may do it  . strong handed one's will still prefer to hodl to matter what happens with the price of bitcoin .

Quote
Always observe the market before decide anything that may cause regrets.
Thats right . We must pause for a while and think if our decision is good because once we do mistake we cannot reveserse it anymore  .
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May 23, 2019, 04:53:02 AM
 #336

The price you mentioned is surpassed of 7k and it will continuous to grow. Hopefully the price in the market will be continue because I'd the price  drop again people will be panic and  sold what they. Always observe the market before decide anything that may cause regrets.

Your correct because OP created the thread before $6,000 was achieved, but it could also be relevant now since bitcoin failed to maintain it's stable price at 8,000 usd, and today, there was a little dump which we can see the market is full of red, yes.. altcoins are also in red.

Now, I am just hoping we can hold longer and stronger at $7000 so we would not be settling back at $6,000 again.
The last time when it was below $6,000, going at the price is a positive movement, this time it's going to be negative.

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May 23, 2019, 06:22:05 AM
 #337

The price you mentioned is surpassed of 7k and it will continuous to grow. Hopefully the price in the market will be continue because I'd the price  drop again people will be panic and  sold what they. Always observe the market before decide anything that may cause regrets.

Your correct because OP created the thread before $6,000 was achieved, but it could also be relevant now since bitcoin failed to maintain it's stable price at 8,000 usd, and today, there was a little dump which we can see the market is full of red, yes.. altcoins are also in red.

Now, I am just hoping we can hold longer and stronger at $7000 so we would not be settling back at $6,000 again.
The last time when it was below $6,000, going at the price is a positive movement, this time it's going to be negative.
Decision making means a lot in cryptospace, take action in that way you won't be missed out. Looks like it becomes tough for bitcoin to maintain its stable price at $8,000 can it rise again? Let's see! Everything what is good for Bitcoin, good for altcoins. We're here hoping this time Bitcoin may survive and positive movement sustain long.

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May 23, 2019, 06:51:52 AM
 #338

In the past several days, bitcoin have alreadyvreached the $8000 level, stayed a bit before it declined below the $8000. If this correction continues, it may go back to $6000 instead. But many believes that bitcoin may go to some healthy correction before heading to $9000 in the next quarter or earlier. This is a complete reversal of what happened last year and I hope that this kind of growth will continue till the year ends.
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May 23, 2019, 05:54:48 PM
 #339

In the past several days, bitcoin have alreadyvreached the $8000 level, stayed a bit before it declined below the $8000. If this correction continues, it may go back to $6000 instead. But many believes that bitcoin may go to some healthy correction before heading to $9000 in the next quarter or earlier. This is a complete reversal of what happened last year and I hope that this kind of growth will continue till the year ends.
I also have observed that price of bitcoin has crossed almost 8k this year and it will be higher more than this I am sure it will not take much time to become more than 10k, it is volatility of crypto currency that gives us multi opportunities to overcome the fallen price, I like when price falls because I can buy it at low price.
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May 23, 2019, 10:32:34 PM
 #340

Its now $7,800 and it's been going back and fort at $7,100 since May 12 and I see a growing interest again in Bitcoin as some stock market investors in or country started asking again where to buy Bitcoin and who can sell regardless of many is available. However, this is like what happened last 2017 when stock market investors achieved their goal they dumped their Bitcoins and price started to drop.
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