Will Bitcoin recover again above $ 8000?

[sunsilk]

It has touched to $6000 for some exchanges. This move shows that we're going to the positive side of the market which is likely to be the bull run but we're not yet there.

This is just some indication that we're starting to see that the bears are getting weaker. With the plus of some good news like Fidelity, this brings encouraging to most and rushing to buy in as quick as they can.

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[Vaculin]

It has touched to $6000 for some exchanges. This move shows that we're going to the positive side of the market which is likely to be the bull run but we're not yet there.

This is just some indication that we're starting to see that the bears are getting weaker. With the plus of some good news like Fidelity, this brings encouraging to most and rushing to buy in as quick as they can.

I really believe that this present market price is very positive and will definitely lead into more price peak and even a bull run this year. Having $8k is not that hard to reach because seeing the market price continues to increase and soar high, we will eventually reach even $10k in the next months.

[GospelCrypto2]

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.

Am very optimistic about bitcoin at the moment.. I actually got in at 4900 and it's done 5900 dollars in less than a month. I think we might see 10000 dollars rate per bitcoin before the year ends if good news keep coming in and the bitcoin market valuation continue to move in the same trajectory it has been moving since February 2019.

[ene1980]

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.

The market is showing some good support from institutional investors and hopefully so is the reasons we are seeing the market recovering from the bear market we had for over a year, we might not see $8000 in a short period of time but we will see the market recover to those situation in the future, next year halving takes place and if you look at historical data we all know that the rally starts after halving and that is what we are expecting this time too.

[Alpha0One1]

Bitcoin will eventually break it's ATH. Due to the prolonged bear market, I think it will exceed ATH in 2-4 years time.
Would be a good time to accumulate if you are in btc and can hodl in 2-4 years time.

[Yaunfitda]

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.

Yes we are in the bull run but it doesn't mean that we will break $6k, $8k like a slice of bread. There will be some corrections on the way. I don't want to call this a pump though, most likely investors are confident enough to pour money in the market.

You call a coin pump if suddenly there's a massive spike, which obviously defined most of the altcoins now. Bitcoin though is different and not be called as a pump coin.

[btc_angela]

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.

Well when people started to see the price increasing, it give them some sort of inspiration to buy and then hold for a long time. Although $8K is doable, we would like to see the price breach $6K first because it's look like there are resistance getting to this price. We could end up in the 5 digits once again this 2019 if everything really align and investors trust in the market are back.

[calandra78]

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.

As all member here said here, no body know what price will come tomorrow. Trader and investor know how to learning price using candle and buy or sell at right time. Good and bad news are followed bitcoin price, let's you hold only and keep you balance into wallet and far away from exchange are good choise.

[LUCKMCFLY]

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.

I think that as a consequence, bitcoin can reach values ​​of $ 8k, in fact it is very likely that it can happen, since we are still in the accumulation phase, and at this stage its cap may be up to $ 9k that can be taken as an acceptable range of accumulation, therefore, the levels of volatility of the market are very large so that they can guarantee these values, since we are going for a value of $ 6k, it is still necessary to scale much more.

For now it would be great if the market were lateralized, to form zones of resistance against any bear that wants to enter the market and have enough liquidity to support it.

If we follow the market, these last movements have been slight, but with great respect in the general structure of the market, this is good, because the only way that the market is recovered is that way, not once, but in a way measured so that the operators manage to put their positions in the market.

[partysaurus]

think it will go higher then 8k even, i think in december this year we will start to see a real bullrun once again , it might go even faster.

[TravelMug]

think it will go higher then 8k even, i think in december this year we will start to see a real bullrun once again , it might go even faster.

If history repeats itself, we may see the actual bull run happens in the last year of this year leading up to the block halving and eventual ATH in 2021.

But as far as $8k? Hard to say, perhaps in the next 2 months or so. Investors are back, confidence are really high as this point but if we are talking about massive increased like 2017, we will have to wait for the market to do its thing.

[serjent05]

The market sentiment is quite bullish, now that it passed $6k but gone back below it.  there are some adoption in line such as BAKKT in the later part of the year.  This may trigger a hype and possible FOMO if things is played right.  Aside from that some news that NASDAQ is quietly testing Bitcoin product .  This might support the claim of Bitcoin recovering to $8000, so it is possible that we can see Bitcoin passing $8k this year.

[killat]

Not in the near future as per last news confirming that Binance got hacked by 40 million $ in Btc.

However, Bitcoin exchanges get hacked each year, and it's always a insider hand they can never find out Then they spilt the profits and be happy and invesfprs cry. If you're dumb enough to leave your money in a exchange you can't complain.

Don't know why people are criticising Bitcoin even people who have fiat loose funds.

[ancafe]

think it will go higher then 8k even, i think in december this year we will start to see a real bullrun once again , it might go even faster.

for now, I'm really waiting for the price of bitcoin above $ 6k, but I think it's very difficult to wait. well, I'm really sure the price of bitcoin will be above $ 8,000 for this year. but, I'm really curious, whether bitcoin can reach $ 6k this month or not.

[ufaiz50]

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.

I'm not so sure, breaking news is about lost 7k bitcoin in one of the big exchangers, namely binance, as we know binance is an exchanger with a large community, I think this will have an impact on the market quickly, with this incident there could be an increase? I see a correction today and hope there is no bad impact with the current value, at least not having a dump.

[CryptoBry]

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.

There is a strong trend that can carry on for weeks and can be the one to push Bitcoin beyond the $6,000 level. Will it be able to surmount the $8,000 level soon? Well, only time can tell. However, based on the overall sentiment of the market right now, that can be possible we just don't have the time frame for that...but am wishing it can be at least in the last quarter of this year. This is assuming that there will be no negative developments on the horizon that can affect its upward movement.

[Muzika]

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.

As we can see now the price comes to 5700$ again, and with that if the price raise again to 5900 to 6000$ we cant consider it as start of bull but it is just a slight momentary pump, we can wait for a couple of months since every month the price is raising even a couple of hundreds of dollars so it will slowly help to reach every thousands in the price.

[EdenHazard]

Will give a slight effect to the movement price of bitcoin since we get a news that binance has been hacked by a hacker and 7000 bitcoin has been stolen. I don't expect too much if this information appear because it's most likely its price will continue to fall, but it's just my prediction maybe many people here will have another though about it. Only a nuisance when market situation will change, I saw on January 2019 bitcoin price showed an increasing price and till yesterday we can see it and most possibilities the market situation will change, we will face bullish market but with this information came I don't know what will happen afterward.

[maxreish]

Why not? $8,000 is near to reach. But there are still many corrections that will gonna happen before achieving that price. There are so much predictions that $6,000 will be the price of bitcoin in a few months so i must say that the market recovery is soon and will get back to $8,000. After all, we've been through a lot of bear trends. It's time now to experienced the big bull.

[sutetrez]

Haha, my friend and I even argued whether Bitcoin could get to 6000 before the summer, and it seems I am starting to lose. Such a great leap forward. Trending is still a very exciting business, don't you think?