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Author Topic: Will Bitcoin recover again above $ 8000?  (Read 13226 times)
warrior.coins22 (OP)
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May 07, 2019, 09:23:29 PM
 #1

Today Bitcoin is almost touching $ 6000, even though it is currently down slightly at around $ 5900. Under current market conditions, what do you think? Is this a momentary pump or is this a real change in condition? I think this is a change in conditions towards the start of the bull.
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May 07, 2019, 09:28:34 PM
 #2

Today Bitcoin is almost touching $ 6000, even though it is currently down slightly at around $ 5900. Under current market conditions, what do you think? Is this a momentary pump or is this a real change in condition? I think this is a change in conditions towards the start of the bull.

Bitcoin will reach over 8000$ this year if not happen a bull run, is not just a pump, is someone who buy and hold for long and i think a bull run will start next year before halving.
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May 07, 2019, 09:54:52 PM
 #3

Sure, bitcoin would definitely increase way beyond $8k in the near future and when the bitcoin halving finallly takes place we would surely go way above $10k. This is the cheapest price you can afford to buy bitcoin people don't miss this opportunity to hold some bitcons.

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warrior.coins22 (OP)
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May 07, 2019, 09:55:28 PM
 #4

Today Bitcoin is almost touching $ 6000, even though it is currently down slightly at around $ 5900. Under current market conditions, what do you think? Is this a momentary pump or is this a real change in condition? I think this is a change in conditions towards the start of the bull.

Bitcoin will reach over 8000$ this year if not happen a bull run, is not just a pump, is someone who buy and hold for long and i think a bull run will start next year before halving.
I predict the price of bitcoin will rise above $ 8000 in the middle of Quarter -3. Because for now there are no bulls coming in the near future. Although the crypto market conditions have improved slightly. But I was quite happy with the conditions lately, not only improved but also like a change in atmosphere. I look more energetic. Cool
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May 07, 2019, 09:56:16 PM
 #5

Prices have increased up to $6,000 from a $4,000-$5,000 slump. Hopefully it stays at that current range so we can expect it to reach $8,000 at the end of the quarter. This may be an opportunity to purchase more coins and to sell them for short-term income for an easy buck!

Today Bitcoin is almost touching $ 6000, even though it is currently down slightly at around $ 5900. Under current market conditions, what do you think? Is this a momentary pump or is this a real change in condition? I think this is a change in conditions towards the start of the bull.

Bitcoin will reach over 8000$ this year if not happen a bull run, is not just a pump, is someone who buy and hold for long and i think a bull run will start next year before halving.

It will most likely depend on this quarter if bitcoin would be able to reach over $8,000 but it is highly possible. If it's all green by the end of may, then we can expect the bull run to most likely continue which would be an opportunity to most people who are HODL.

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tippytoes
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May 07, 2019, 10:00:59 PM
 #6

$8k-value is very achievable for bitcoin. As the adoption is growing stronger everyday, no doubt we will reach that value in no time. More payment centers across the globe are accepting bitcoin, very economical as compared to other remittance institutions like WU. More merchants are integrating bitcoin as a form of payment method. So yes, bitcoin has good chance of reaching the $8k- value and more than that.
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May 07, 2019, 10:01:10 PM
 #7

With the current situation possible that the price will touch again to $8k but not this month or next month maybe it might possible to happen around December or next year.

The movement price of bitcoin is looks like the same as what happen on last 2016 so if we follow the old graph this year the $8k price can be reach around December as what I see.

Do not expect too much because the price of bitcoin is unstable anytime the price movement can be change.

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May 07, 2019, 10:03:26 PM
 #8

Today Bitcoin is almost touching $ 6000, even though it is currently down slightly at around $ 5900. Under current market conditions, what do you think? Is this a momentary pump or is this a real change in condition? I think this is a change in conditions towards the start of the bull.

Forget $8,000, it's always possible even coming from a hard dump.

Just focus for now on today's happening.

Expecting too much soon will just lead to failed expectations. Again, it's always possible.

Overall, since the discussion will purely shared speculations, predictions and guesses, the thread is more appropriate here:  Speculation

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May 07, 2019, 10:08:51 PM
 #9

It isn't too impossiblenfor bitcoin to run that price because it even reached the higher value before. Bitcoin is always surprising. There are lots of predictions yet it will always remain unpredictable. The current price is actually a good state of the market, things are getting even better.

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May 07, 2019, 10:16:57 PM
 #10

From my personal point of view and my understanding of technical analysis. I have the opposite idea a bit. At the moment I think 6k is a big resistance. And it can turn head anytime when above 6k
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May 07, 2019, 10:20:01 PM
 #11

Community woke up from FUD and the situation looks positive to me. Just within this forum wherever you go you'll see everyone is discussing positively about Bitcoin price, alt market etc, and it's bullish.

$8k is not a hard mark I guess, just some more month or by the end of this year it will cross $8k mark imo.

At the moment I think 6k is a big resistance. And it can turn head anytime when above 6k
Could be, but it will surely push again.
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May 07, 2019, 10:43:29 PM
 #12

If the prices would increase at least $100 a week, I'm sure that it could recover even beyond $8000. There's nothing wrong if we'll expect a better price. Let's see if it could go beyond $6k first but I think it would rise continuously especially now that more investors are rushing to accumulate more bitcoin.
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May 07, 2019, 10:51:54 PM
 #13

I don't see a reason we should no recover over 8k at the end of the year. it should not be a hard mark since we have been there already.

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May 07, 2019, 11:05:56 PM
 #14

From overall feedback we are getting from the media and everything that has happened for the past weeks we can see how much $8.000 could be happening.
Notice how much pump has been given to Bitcoin and related that with new investors mentioning their involvements with Bitcoin and other Cryptocurrencies.
We are currently at $5.900 and it looks like a non stop increase which is good for everyone.

Nothing to see here
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May 07, 2019, 11:08:20 PM
 #15

Today Bitcoin is almost touching $ 6000, even though it is currently down slightly at around $ 5900. Under current market conditions, what do you think? Is this a momentary pump or is this a real change in condition? I think this is a change in conditions towards the start of the bull.

It might reach it, or it might stay for months at 6000, or even back down a bit. But in the long run, perhaps by the time of the halving, i think so.

If a bull run comes, that will correct sooner or later. I hope it doesn't, things work better when slow and stable. But no one can control the market, thats the whole point. It is healthy that it can fluctuate as much as it wants, and not artificially hold back by institutions or governments.

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May 07, 2019, 11:09:36 PM
 #16

You in a hurry?
I prefer it this way. Why want it to jump 2k USD? Are you a trader or one of those who bought at 20k mark and just trying to get at least half the ROI?

Having a large bull run in just a year can also make it be dumped in just days. It wont stay there. Sellers are like crocodiles out there just waiting for their food to come. You wont see it for that long.
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May 07, 2019, 11:18:46 PM
 #17

Today Bitcoin is almost touching $ 6000, even though it is currently down slightly at around $ 5900. Under current market conditions, what do you think? Is this a momentary pump or is this a real change in condition? I think this is a change in conditions towards the start of the bull.

It is highly possible for Bitcoin to hit $8k before 2019 comes to an end. Considering the rate at which the price of Bitcoin is increasing, there is no doubt that we are currently in the bull run season. This year's bull run can be described as a slow but sure bull run. The market looks promising for Bitcoin to recover to $8k and above...
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May 07, 2019, 11:21:17 PM
 #18

Yes if this pump continue then we would surely see it at $8k or even higher than it.
To be honest I really like how the price of Bitcoin is growing.
It is slow but it is making sure that it would stay that way.

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May 07, 2019, 11:27:12 PM
 #19

Today Bitcoin is almost touching $ 6000, even though it is currently down slightly at around $ 5900. Under current market conditions, what do you think? Is this a momentary pump or is this a real change in condition? I think this is a change in conditions towards the start of the bull.
We just hit the $6k level today and the next level would be $7k. One step at a time and i believe we can still go far since $8k is not a high price anymore because we are getting closer to that. Expect a more trend like this, the pump is not done yet. We have more months to go, i’m still hoping for the price of $10k up on December 2019.
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May 07, 2019, 11:45:01 PM
 #20

Today Bitcoin is almost touching $ 6000, even though it is currently down slightly at around $ 5900. Under current market conditions, what do you think? Is this a momentary pump or is this a real change in condition? I think this is a change in conditions towards the start of the bull.
Everything can happen. for me that 8,000USD is nominal which is very likely to be achieved. Bitcoin prices have reached 16,000USD, so it's not difficult that price changes occur when the price is 6,000USD. we will reach a much higher level and for anyone who invests in bitcoin then they are lucky people because they can gain a number of benefits.
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