Will Bitcoin recover again above $ 8000?

[arpon11]

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.

When bitcoin pushed from $3400 to around $4250 in March it was a clear signs that the bull market has taking over and since then many funds are flowing into the cryptocurrencies market daily.  I think this is not a trap and bitcoin is growing towards $8000 or $10,000 and for me it is a good time to keep holding.  Cryptocurrencies market is becoming more popular among investors thare days and of a truth in 2 years to come we may be heading towards $50,000 .

[X-ray]

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 bear market is probably over and Bitcoin will soon reach $ 6,000 price. This is probably natural and there is no pump here. Because the price is very stable in the past few months. Bitcoin price may be $ 10,000 but I think it is $ 8,000 and may take place in August.

It's not natural if you know what was happening with the crypto this time. tether and bitfinex gets pushed by the US prosecutors to be transparent about its problem and cooperation and that created a lot of worry to the tther holders and they are converting their USDt to the bitcoin to make it safe. that created more buy order for bitcoin and i guess that will be an interesting thing to be watched.
$6500 should be the next pit stop for bitcoin before it grows even more in the future.

[samycoin]

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 it's difficult to say it now that bitcoin will reach $8000 because some exchange have difficulties about USDT and tether decision let's see what will be happen in a next few days and weeks about the price.

[Cherylstar86]

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 it's difficult to say it now that bitcoin will reach $8000 because some exchange have difficulties about USDT and tether decision let's see what will be happen in a next few days and weeks about the price.

  We are speculating an accurate vision based on how the market value pump in a rapid way, the current value of bitcoin has heading up $6k but it is hard for us to visionize the possible outcome as the market has carrying high volatilization. And with our positive determination, we can engage positive consequences and maybe its value will exceed beyond the desirable peak.

[Ozero]

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.

Today, Bitcoin has finally surpassed the $ 6,000 price mark, and, according to CoinMarketCap, now its price is $ 6,068. Psychological barrier in 6000 dollars passed. It remains for him to go through the price of 6500 dollars and we can assume that the further growth of the cryptocurrency market will be provided. Bitcoin is unlikely to surprise us with its price this year, but by the end of the year we can hope for its price of 10,000 - 12,000 dollars.

[Gaff]

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 it's difficult to say it now that bitcoin will reach $8000 because some exchange have difficulties about USDT and tether decision let's see what will be happen in a next few days and weeks about the price.

  We are speculating an accurate vision based on how the market value pump in a rapid way, the current value of bitcoin has heading up $6k but it is hard for us to visionize the possible outcome as the market has carrying high volatilization. And with our positive determination, we can engage positive consequences and maybe its value will exceed beyond the desirable peak.

I can see your point here mate, this will have good journeys to follow when people gain 100% confidence over the recent situations. That price isn't impossible to be meet soon, and since we're moving forward some of the bad news also in parallel with the current progress. Thankfully the strong and knowledgeable traders who happened to buy bitcoin these days, we're affected some sorts of trash stories. That's an indication of a huge potential on bitcoin to achieve that higher price in the future.

[michellee]

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.

Today, Bitcoin has finally surpassed the $ 6,000 price mark, and, according to CoinMarketCap, now its price is $ 6,068. Psychological barrier in 6000 dollars passed. It remains for him to go through the price of 6500 dollars and we can assume that the further growth of the cryptocurrency market will be provided. Bitcoin is unlikely to surprise us with its price this year, but by the end of the year we can hope for its price of 10,000 - 12,000 dollars.

well, this is the moment that I have been waiting for since the beginning of 2019. finally the price of bitcoin is back past the price of $ 6k. I hope this will continue, and I hope this increase will continue. for the price of $ 8000, I really believe that price will be achieved this year.

I believe it too. Bitcoin can recover above $8k although it was not easy to get a jump to that price. Only with the patient, we will see that price, and we can sell bitcoin at that price. Right now, better we enjoy the price and sell some bitcoin to take a profit first before we take another profit. But still, be careful because the price is on the unpredictable price and it could get down in anytime.

[stfN2128]

I believe in bitcoin, so yes i'm confident it will recover again above 8000$. i'm sure it will make a new all time high maybe not this year, maybe not in 2020 but at least in 2021 we should see a higher high. but yeah, no one knows what will happen. if we see more countries with hyperinflation like venezuela, a new run on bitcoin could start faster than expected. lets see.

[incomefromcoins]

As per bitcoin technical analysis bitcoin may touch 11000 dollars in next 3 months if btc cross 6500 dollars in this week market is bullish

[Wolf Rainer]

$8000 at the end of June.

[el kaka22]

8 thousand dollars doesn't seem like a big deal right now. I mean I know its psychologically a big number but considering we have managed to go from 3 thousands to nearly 6 thousand dollars it means the price would definitely get to 8 thousand dollars with this type of run one more time. Will that another run happen? We don't know but it looks like possible.

All I am saying that it doesn't "have to" happen but if it happens it would be less of a shock to use than the time we broke 4200 levels and move above 5 thousand dollars, that was the real shock because everyone was focusing on that 4200 level since we couldn't break it for months, now that we broke that I think people would believe even 20 thousand dollars to come one day which is why 8 thousand dollars wouldn't be a surprise if it happens.

[AjithBtc]

The price recovery is assured, but when this gonna happen is truly unknown to the users. The market has took a big growth forward reaching above $6300 is truly the best in this year. Predictions before the price increase have been getting to the reality. In this way $8000 is easy reachable and could happen anytime soon.

[Supercrypt]

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.

Today, Bitcoin has finally surpassed the $ 6,000 price mark, and, according to CoinMarketCap, now its price is $ 6,068. Psychological barrier in 6000 dollars passed. It remains for him to go through the price of 6500 dollars and we can assume that the further growth of the cryptocurrency market will be provided. Bitcoin is unlikely to surprise us with its price this year, but by the end of the year we can hope for its price of 10,000 - 12,000 dollars.

It is an exciting moment, but we should not get too over excited yet, sustenance is what really matters here, are we strong enough to sustain this value, although I dint expect it to stabilize on this value without having a retest of $5800, but it will take less than a week for it to finally sustaining above $6000 if there is any issue of retest.

With this steady and impressive movement of bitcoin, we don’t which value it will yet get to by the end of the year, but I would also like to believe it will get above and break the barrier of $12k before the new year 2020, those who continues to hold may really get part of their reward this year.

[hotpassion]

Bitcoin is bullish now.

[warrior.coins22]

$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.

Precisely. Bitcoin has been adopted by many people as well as companies today. We can see the price of bitcoin is currently around $ 7000. From here we can see that there has been very rapid growth in recent times. So I am very optimistic to reach $ 8,000, it does not require very long time. Time will soon be answered from the end of this downturn.

[traderethereum]

Bitcoin will recover again, and it will touch more than $8000, and it's only a matter of time.
We will see that moment again like before, but we need to be patient and still trade if we want to add more profit from bitcoin or usdt.
But you can stay calm without doing anything and only watching the price in the market moves from the low price to the high price.
I am curious with what happens in the next weeks, and I only hope that the price could break $7000 this day or tomorrow so the next week, we are going to see a new highest price.

[Shinpako09]

No need to question it. As you can see btc is continuing in growing. Soon, we will reach that $8k and good thing is there's a very high chance for it to happen this year, this 2nd quarter or maybe 3rd. No need to doubt about it. Even the hacking incident recently didn't make the price to fall back so expect that $8k sooner.

[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.

The way I see things, I do not think it's a pump or a momentary change, maybe the price of bitcoin is looking for new price levels, that is, it was for a long time at prices like $ 3k, $ 4k, in those values ​​many operations were generated, so much that they eliminated the offer completely, so they are looking for new levels where many want to sell Bitcoin, and $ 6k can be a good range to start with the offers, normally the market usually gives a long accumulation time .

The stage of Accumulation is usually somewhat extensive, because there is a range of prices where it must be fulfilled that the offer no longer exists, and is exclusive to buy cheap, of course, most want to buy as cheap as possible, but a good stage of accumulation indicates that your next bullish trend phase may be better than the first that Bitcoin had in 2017, everything is in the hands of the Strong Hands, because until you have the majority of accumulated Bitcoins will not rise because the price will not be ready to get new ATH.

[Pab]

I believe if btc will now cross  7450K then it can goes to 10k even
But i also think that from 10k can drop to around 6200$
6200$ is hard support to me now

[lepbagong]

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 it's difficult to say it now that bitcoin will reach $8000 because some exchange have difficulties about USDT and tether decision let's see what will be happen in a next few days and weeks about the price.

I actually strongly believe that there will be a significant change for bitcoin, we know that at the moment it has already broken through $ 7K, this means that there is a good movement to be able to continue to move up. this is a momentum for bitcoin to start moving up and it could be the beginning of events like 2017.