Will Bitcoin recover again above $ 8000?

[South Park]

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.

Do not think too much about it, it is quite difficult to predict the top and the bottom and to take action when that happens, as long as you got profits out of it then you are doing a good job, my strategy does not depend on predicting the markets perfectly and yet I have tested it and it works, so as long as you have a well defined strategy which earns money that tells you what to do and you follow it then there is no point in regretting losing a few dollars here and there.

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[Pipdips]

Over the past few days Bitcoin has been in a slight downtrend. Over the past few hours Bitcoin has went down almost $300. It is at $7676 right now.

[basty03]

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.

Actually bitcoin hits 8k price two times this last few days and I feel that it will continue to rise and it will surpass the $8k price in the next few weeks. Bull run is started so we don't need to be worried even the price drop a little bit I feel that all price in the market will be continues to rise.

[Vaskiy]

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.

Actually bitcoin hits 8k price two times this last few days and I feel that it will continue to rise and it will surpass the $8k price in the next few weeks. Bull run is started so we don't need to be worried even the price drop a little bit I feel that all price in the market will be continues to rise.

Few days back the price hit the $8000, further the price has been very strong around $7800-$7900 and now it has been experiencing some downtrend with the price of bitcoin reaching close to $7700. Though we all say bull run started, we haven't experienced the real growth that takes place with a bull market. Hoping for such a growth over the falling month or by the ongoing month end.

[perla]

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.

Actually bitcoin hits 8k price two times this last few days and I feel that it will continue to rise and it will surpass the $8k price in the next few weeks. Bull run is started so we don't need to be worried even the price drop a little bit I feel that all price in the market will be continues to rise.

Few days back the price hit the $8000, further the price has been very strong around $7800-$7900 and now it has been experiencing some downtrend with the price of bitcoin reaching close to $7700. Though we all say bull run started, we haven't experienced the real growth that takes place with a bull market. Hoping for such a growth over the falling month or by the ongoing month end.

I see there are not much movement (for me, it is ok if people have different opinion) that is why until now i believe bitcoin price can be more than now. Because it happens in a lot time when bitcoin take long time in dips, it keep increased again after that.

[warrior.coins22]

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.

You are right, prices always fluctuate from the past to the present. When bitcoin rises above the price of $ 8000 and currently declines at $ 7500. I am always aware that this is indeed a natural thing in general. We must really understand the market conditions so that we don't make mistakes in making trading and investment strategies. I hope the conditions will continue to improve and await a brighter crypto future. Thank you.

[raven7886]

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.

We may still have some people that will be doubting if the last correction we saw would be the last for now and not make any move to invest now and expecting further decline, but I am really sorry for them, now that the market has picked up again which was quite so early, I am of the belief that we will be setting foot on $9000 soon.

So as usual, we who believe bitcoin to have already started a bull journey that will run throughout the year till next year should continue holding our coins, and we will see a very substantial increase on our investment which can still not be compared to the increase next year after we peak.

[ancafe]

I see there are not much movement (for me, it is ok if people have different opinion) that is why until now i believe bitcoin price can be more than now. Because it happens in a lot time when bitcoin take long time in dips, it keep increased again after that.

now we can see that. a few days ago the price of bitcoin again fell below the price of $ 800o, and now the price of bitcoin is starting to recover. I am absolutely convinced that the price of bitcoin can be more than $ 8,000. even though it's not stable, it's really potential, and very similar to 2017.

[DonFacundo]

Will now bitcoin is increasing we can see again $8000 and I think there is possibility that bitcoin reach $9000 this month.

[Pipdips]

Bitcoin price is currently $8,092.

Next question!

[normanderecho]

Yes for sure! and its happening this day and I guess this not enough to make us convince i believe there is still more pump to come, since there are still many quater remains on these year. We hope and we pray this bitcoin correcrion will have mich more corr3ction that might come into $20,000 or above just like what happen way back year 2017.

[7788bitcoin]

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.

If you think that the price of bitcoin could not break certain resistance and plan to book profit since the value increased by a big margin in the past few weeks and broke several resistance but the problem that could come up is that you might not get a chance to get back again and i had the same instance in the past rally, if you are lucky enough you could get back below the selling price during these market situation. I will not take much risk in the market and never sell anything until i see a massive sell off.

[mangsitin]

Yes, today I see the price of Bitcoin returning to $ 8000, and this is an easy thing for Bitcoin, because at the moment prices are showing a positive trend, so to reach that price is very easy, and hopefully the price will immediately increase back to $ 10000.

[LUCKMCFLY]

I think it is not a momentary bomb, because at the moment there have been many massive purchases, it seems that there are new investors entering the market.

If we take into account that we are in an accumulation phase we have that the market is not bullish or bearish, that is, the market has an accumulation phase since 2018, something similar to the one it had in 2014 to 2017.

In this type of phase it is very likely that the price will rise to levels of $ 10K or $ 11k, which indicates that volatility may now be very high, and there may be slight or strong drops, but when you see the order book of some Exchanges You can see a large volume of purchases so it is somewhat difficult to have a correction.