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Author Topic: Will Bitcoin recover again above $ 8000?  (Read 13229 times)
Irvinn
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May 17, 2019, 04:11:11 AM
 #121

bitcoin even could rise more than 10k dollars, there were some positive sentiments that made the price of Bitcoin rally.
You only need to be prepared for everything that might happen.
I have been prepared all of this time and I'm just waiting for bitcoin to start getting into that level again. There is more positive movement this time than last year and it encourages everyone that we are on the bull run. More money is getting in on the market now and it is likely that came from the instituions despite of Binance hack last time.
actually bitcoin has entered at a price above $ 8000, it's just that I see that this is still unstable. several times the price of bitcoin touched a price of $ 8300, and then dropped back. I think in the near future, the price of bitcoin will stabilize above that price. now all we have to do is hold back.
Bitcoin has now fallen in price, but it seems that this is its temporary correction. For several days, it held in price above $ 8,000, but today, according to CoinMarketCap, it has dropped to $ 7,134. This is normal for him even during the period of his growth, so after some time we should expect his further growth. Therefore, this year he will definitely overcome the mark of 10,000 dollars, perhaps this will happen even in the near future. True, what will happen next is still quite difficult to say.
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May 17, 2019, 08:22:04 AM
 #122

bitcoin even could rise more than 10k dollars, there were some positive sentiments that made the price of Bitcoin rally.
You only need to be prepared for everything that might happen.
I have been prepared all of this time and I'm just waiting for bitcoin to start getting into that level again. There is more positive movement this time than last year and it encourages everyone that we are on the bull run. More money is getting in on the market now and it is likely that came from the instituions despite of Binance hack last time.
actually bitcoin has entered at a price above $ 8000, it's just that I see that this is still unstable. several times the price of bitcoin touched a price of $ 8300, and then dropped back. I think in the near future, the price of bitcoin will stabilize above that price. now all we have to do is hold back.
Bitcoin has now fallen in price, but it seems that this is its temporary correction. For several days, it held in price above $ 8,000, but today, according to CoinMarketCap, it has dropped to $ 7,134. This is normal for him even during the period of his growth, so after some time we should expect his further growth. Therefore, this year he will definitely overcome the mark of 10,000 dollars, perhaps this will happen even in the near future. True, what will happen next is still quite difficult to say.
I think this correction is needed for bitcoin to gain more momentum, what we have seen from the drop of $8400 to $7200 is, more investors are rushing to catch cheaper price levels. I think I am also of the opinion that next likely value bitcoin might touch from this momentum will be $10,000.

It really takes strong hearts to really deal in this market that is so much full of unpredictable things, some people are still believing strongly that the market will still get a big corrections to $5800 before the big bull run which they could even prove technically, but the point of correction is what is yet to be known, which I am suspecting it to be from $10,000. What do we think?

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May 17, 2019, 02:03:36 PM
 #123

This day is the day for correction but I am sure we can recover again above $8,000 and even we will see bitcoin price increase more than $10,000.
Don't be too afraid or panic to see this day because we know that the correction will always happen after the price start a rally, and if the situations are back like yesterday, then we will see another higher price soon.
We need to wait for a while until the next week, and I am sure that many of us still waiting to see the price can break the next barrier.

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May 17, 2019, 02:41:11 PM
 #124

~snip~

I think this correction is needed for bitcoin to gain more momentum, what we have seen from the drop of $8400 to $7200 is, more investors are rushing to catch cheaper price levels. I think I am also of the opinion that next likely value bitcoin might touch from this momentum will be $10,000.

It really takes strong hearts to really deal in this market that is so much full of unpredictable things, some people are still believing strongly that the market will still get a big corrections to $5800 before the big bull run which they could even prove technically, but the point of correction is what is yet to be known, which I am suspecting it to be from $10,000. What do we think?

Every rally requires correction so correction is very obvious. I'm noticing the rallys that happened however I am not expecting it gets anywhere close 6k during the correction. If BTC actually goes down to 6k they will go lower, but I doubt it drops that much, who knows though, anything can happen. Only time will tell though.
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May 17, 2019, 03:21:27 PM
 #125

This day is the day for correction but I am sure we can recover again above $8,000 and even we will see bitcoin price increase more than $10,000.
Don't be too afraid or panic to see this day because we know that the correction will always happen after the price start a rally, and if the situations are back like yesterday, then we will see another higher price soon.
We need to wait for a while until the next week, and I am sure that many of us still waiting to see the price can break the next barrier.
yes, yesterday we saw that the price of bitcoin still has the potential to reach a price of $ 8000, and in fact, yesterday's bitcoin price almost reached $ 8500. even though it was fast, I felt that it made a lot of changes to the confidence of crypto users.
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May 17, 2019, 05:05:17 PM
 #126

This day is the day for correction but I am sure we can recover again above $8,000 and even we will see bitcoin price increase more than $10,000.
Don't be too afraid or panic to see this day because we know that the correction will always happen after the price start a rally, and if the situations are back like yesterday, then we will see another higher price soon.
We need to wait for a while until the next week, and I am sure that many of us still waiting to see the price can break the next barrier.
yes, yesterday we saw that the price of bitcoin still has the potential to reach a price of $ 8000, and in fact, yesterday's bitcoin price almost reached $ 8500. even though it was fast, I felt that it made a lot of changes to the confidence of crypto users.
So we need to be patient at this moment because I am sure that it is not going to be like this forever.
There will be the next days for bitcoin to back to the higher price and reach more than $8000 and even more.
I am sure that the crypto user still believes in bitcoin and they still hold their bitcoin for one reason, they want to sell at the high price.

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May 17, 2019, 10:41:00 PM
 #127

Anything is possible in cryptocurrency trading and investing. Bitcoins is possible to reach 10,000 USD in just few months from now, it can also drop to 200 usd any days from now. There uncertainty surrounding bitcoins trading is the reason why it is classified as the most risky investment but also with a high return.
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May 17, 2019, 11:22:45 PM
 #128

I think it is only a matter of a very short time and then we will go 8k and above again, there is less than one week and one year to next halving, I think that when we cross the one-year data to the next halving, we will see a bullish trend again.



We have already seen a bullish trend, but some does not believe yet it's already a bull run.
That $8000 is not hard to reached as we have already breached that price, we just dump yesterday but it should not change our perception on the future.
There's still a bullish movement in the market, or let's say the bull is more dominant now and it's expected that Bitcoin will start a run again.

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May 17, 2019, 11:59:35 PM
 #129

bitcoin even could rise more than 10k dollars, there were some positive sentiments that made the price of Bitcoin rally.
You only need to be prepared for everything that might happen.
I have been prepared all of this time and I'm just waiting for bitcoin to start getting into that level again. There is more positive movement this time than last year and it encourages everyone that we are on the bull run. More money is getting in on the market now and it is likely that came from the instituions despite of Binance hack last time.
actually bitcoin has entered at a price above $ 8000, it's just that I see that this is still unstable. several times the price of bitcoin touched a price of $ 8300, and then dropped back. I think in the near future, the price of bitcoin will stabilize above that price. now all we have to do is hold back.
Bitcoin has now fallen in price, but it seems that this is its temporary correction. For several days, it held in price above $ 8,000, but today, according to CoinMarketCap, it has dropped to $ 7,134. This is normal for him even during the period of his growth, so after some time we should expect his further growth. Therefore, this year he will definitely overcome the mark of 10,000 dollars, perhaps this will happen even in the near future. True, what will happen next is still quite difficult to say.
I think this correction is needed for bitcoin to gain more momentum, what we have seen from the drop of $8400 to $7200 is, more investors are rushing to catch cheaper price levels. I think I am also of the opinion that next likely value bitcoin might touch from this momentum will be $10,000.

It really takes strong hearts to really deal in this market that is so much full of unpredictable things, some people are still believing strongly that the market will still get a big corrections to $5800 before the big bull run which they could even prove technically, but the point of correction is what is yet to be known, which I am suspecting it to be from $10,000. What do we think?

The correction is definitely needed for the market to gain strong demand because if the market was just experiencing surge in price without any dump that mean price manipulation is involved and that may lead to another blood bath before the Bitcoin halving. However, the reason why the Bitcoin market dump sharply was because a whale dumped 3,645 BTC ($27 million) on the crypto exchange Bitstamp.

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May 18, 2019, 12:03:21 AM
 #130

When the thread was created, it was hard for bitcoin to reach $8k, but yes its now. Last two days trend is really promising to reach $9k in another 48 hours. Wish to see the trend growing like 2017. Everyone expects the growth to be more than 2017. Hope to see how it would be.
Going through the chart also I found the price to be similar to that of the price during the days of 2017 same month. Last two days the growth seems to be getting some corrective measures for a continued price rallying. It hasn't grown above $8100, most of the time we can watch the price between $7900-$8050.
It seems that with a bitcoin price that only moves between $ 7K to $ 8k, it takes patience to be able to see bitcoin can penetrate at a higher level. and I also see you like that 2017 events will happen this year.
hoping to see that bitcoin must be able to break through $ 9K first, then the development will be passionately rising.

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May 18, 2019, 01:37:56 AM
 #131

It actually did but it did not last for long. I've read that a whale dump 5k of bitcoin hard on bitfinex and it goes to $6k but it still manage to recover to $7k shortly. This people who wants to stop btc success is really giving us a hard time everytime we are on the middle of a bull run.
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May 18, 2019, 03:56:14 AM
 #132

It actually did but it did not last for long. I've read that a whale dump 5k of bitcoin hard on bitfinex and it goes to $6k but it still manage to recover to $7k shortly. This people who wants to stop btc success is really giving us a hard time everytime we are on the middle of a bull run.
Whales may stop the growth of bitcoins but whales is also the reason on why we see pumps and bull runs because whales are the only one that can buy at a verry large volumes   . They can manipulate the market at all time whenever they like and we cant do anything about it  . Anyway i think bitcoin can still recover again to 8k usd because its currently value is not really that low and we can see that bitcoin is still showing signs of active growth   
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May 18, 2019, 05:33:48 AM
 #133


So we need to be patient at this moment because I am sure that it is not going to be like this forever.
There will be the next days for bitcoin to back to the higher price and reach more than $8000 and even more.
I am sure that the crypto user still believes in bitcoin and they still hold their bitcoin for one reason, they want to sell at the high price.
I still believe in the potential of bitcoin. although some things make the price go down, but I feel that the price is still potentially high to get great value in the future. the current decline is only the effect of a rapid increase, so in the near future, the price will return again above $ 8k.
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May 18, 2019, 05:49:28 AM
 #134

YES Bitcoin should recover to 8000$ and I predict this month.
Hopefully you didnt panic sell cause if you did you'll regret it in the near future.

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May 18, 2019, 09:07:46 AM
 #135

bitcoin even could rise more than 10k dollars, there were some positive sentiments that made the price of Bitcoin rally.
You only need to be prepared for everything that might happen.
I have been prepared all of this time and I'm just waiting for bitcoin to start getting into that level again. There is more positive movement this time than last year and it encourages everyone that we are on the bull run. More money is getting in on the market now and it is likely that came from the instituions despite of Binance hack last time.
actually bitcoin has entered at a price above $ 8000, it's just that I see that this is still unstable. several times the price of bitcoin touched a price of $ 8300, and then dropped back. I think in the near future, the price of bitcoin will stabilize above that price. now all we have to do is hold back.
Bitcoin has now fallen in price, but it seems that this is its temporary correction. For several days, it held in price above $ 8,000, but today, according to CoinMarketCap, it has dropped to $ 7,134. This is normal for him even during the period of his growth, so after some time we should expect his further growth. Therefore, this year he will definitely overcome the mark of 10,000 dollars, perhaps this will happen even in the near future. True, what will happen next is still quite difficult to say.
I think this correction is needed for bitcoin to gain more momentum, what we have seen from the drop of $8400 to $7200 is, more investors are rushing to catch cheaper price levels. I think I am also of the opinion that next likely value bitcoin might touch from this momentum will be $10,000.

It really takes strong hearts to really deal in this market that is so much full of unpredictable things, some people are still believing strongly that the market will still get a big corrections to $5800 before the big bull run which they could even prove technically, but the point of correction is what is yet to be known, which I am suspecting it to be from $10,000. What do we think?

The correction is definitely needed for the market to gain strong demand because if the market was just experiencing surge in price without any dump that mean price manipulation is involved and that may lead to another blood bath before the Bitcoin halving. However, the reason why the Bitcoin market dump sharply was because a whale dumped 3,645 BTC ($27 million) on the crypto exchange Bitstamp.

Are you sure this is a whale, or probably those that stole Binance 7000 btc are beginning to sell it off.
bitbunnny
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May 18, 2019, 11:37:17 AM
 #136

Always the same questions like people never learn anything
Bitcoin price moves in cycle, price is volatile and it's fluctuating. Sometimes that means it goes up and sometimes it goes down. The fact that now the price is in correction doesn't mean it will not recover again. Have some patience and learn how the market is functioning, things might get a little more clear to you.

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May 18, 2019, 09:01:09 PM
 #137

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.
I find this to be better than the 2017, we haven't crossed the second quarter of the year. Possibly by the end of the second quarter we can expect the market to reach $10000 and further there might be some form of gradual growth which would take the price forward reaching new ath before the month of halving.
So far, we can say that Bitcoin continues to grow non-stop in price and after the longest period of the bear market, this cannot but please us. And this happens in the present tense. If an hour ago the price of Bitcoin, according to CoinMarketCap, was 7185 dollars, now it is already at the mark of 7200 dollars. Of course, at this rate, he may well overcome the price of $ 8,000 and this can happen as early as next week. However, Bitcoin is unpredictable in price. At what price level it will stop and whether it will go on correction soon, while we cannot predict.
For me going up and down the price of bitcoin is normal if we look at it from the start, yesterday reached a price of more than $ 8,000 and is now back down at the price of $ 7300. I will remain optimistic about the increase in bitcoin prices which will continue to grow well. Buy now and hold it until the beginning of the third quarter. It is likely to reach $ 10k. That's my prediction and hopefully so.
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May 19, 2019, 05:40:53 AM
 #138

If yesterday, Bitcoin had a price of $ 7400, today, according to CoinMarketCap, its price is already $ 7900. Thus, he actually restores his previous price index, which he had before the departure for correction. At the same time, this indicates that his last price drop was indeed a correction, which means that Bitcoin will continue to grow in price. Therefore, in the next few days, Bitcoin should rise to the level of 9000 dollars.
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May 22, 2019, 06:18:33 PM
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 #139

I wasn’t worried at all at seeing the prices struggling to break again $8k levels. Because, I know it will pick up again, but I only made a little mistake during this period, I am a profit taker, so I took my profit when the price went to about $8250 since I already knew there would be a correction, after taking profit, there was a little price correction to $7100 which I bought immediately.

Little did I know that wasn’t going to be the last price correction, now it has plummet dipper and this is which is when I would have bought. Anyway, I know the price will continue to bounce back till we further break more barriers. This dip is another chance for those that wants to buy because from now, we will continue to rise non stopping again.
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May 22, 2019, 07:07:53 PM
 #140

You can now see for yourself that your speculation about $8000 has finally come to fulfilment and I must state here that the increase is the value if Bitcoin to around $8000 or thereabouts is not a pump but as a result of the forces of demand and Supply.
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