Bitcoin just broke $6000! (2019)

[thecodebear]

Back over $6000 for the first time since November!

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[hatshepsut93]

It's really great to see that we've finally broke the 6k resistance only a bit more than a month after being in $4k territory, even if the price will drop to low $5k again, we still have a very decent foundation for the new bull run. I would even say that this seem to be unfolding faster than during the previous recovery of 2015-2016, and maybe this year will even close at $14-16k or higher. If this will happen, the new ATH will also be pretty big, considering the halvening in the next year.

[thecodebear]

It's really great to see that we've finally broke the 6k resistance only a bit more than a month after being in $4k territory, even if the price will drop to low $5k again, we still have a very decent foundation for the new bull run. I would even say that this seem to be unfolding faster than during the previous recovery of 2015-2016, and maybe this year will even close at $14-16k or higher. If this will happen, the new ATH will also be pretty big, considering the halvening in the next year.

Yeah hitting $6k is great. Bear market ended in late 2018, the bottom ended and the bull run started April 1st, and now by hitting $6k again bitcoin is showing just one more sign of the strength of the now almost 6 week old bull market. And yes absolutely this bear market and bottom were both shorter than the previous ones in 2014 and 2015. But I think that makes sense, Bitcoin is so much more visible in the media and there is such a higher level of active interest from people and big money waiting to see when it will turn around that it makes sense it recovered and started this bull run quicker than the last market cycle. It'll be interesting to see how quickly this bull run heats up. I still expect it to be slow like the last one, but ya never know, hitting $6k already, who knows, maybe we'll see well above $10k this year and see the market take less time to reach the old peak and then really start making huge gains than it took in 2016 and 2017.

[bbc.reporter]

Tom Lee must be very happy that his clients will stop bothering him about the price hehehe. He has been very quiet about bitcoin, however. His latest comments were about the latest US stock market dump and how it is a buy for him. Typical Tom Lee. The world might end to tomorrow and it will always be a good day to buy.

[mk4]

Bitcoin just cut through the $6000 resistance like it wasn't there in the first place. And with the recent Binance news that I expect to at least slow things down a bit? Breaking $6000 was just way too easy in my opinion. Not sure about this mateys, I'm hugely skeptical if this would continue with an upward movement.

[gabbie2010]

Finally the strong resistance at $5900 has been broken thus the price of bitcoin hits $6K in 2019, based on price action there is tendency that the price might retrace to the former resistance turn support.
Obviously this is a good news bitcoin had struggled for long price-wise thus prompting some deregotry remarks that bitcoin won't survive here is bitcoin proving many analysts wrong.

[Yaunfitda]

Back over $6000 for the first time since November!

It's good to see the price hitting $6k again. Now the ball game has chance, money is pouring on the market again and it will just be a matter of time wherein we will see the price hitting 5 digits.

But we shouldn't celebrate as of yet, we all know that anything can happens, so let's just hope for the best that we can sustain this run to at least $7k-$8k around mid-year.

[pooya87]

Yeah hitting $6k is great. Bear market ended in late 2018, the bottom ended and the bull run started April 1st,

finally! i've been saying that for a long time but at the time when we were at the bottom and below the bottom nobody wanted to accept it and instead wanted to wait for $1000!!!

Bitcoin just cut through the $6000 resistance like it wasn't there in the first place. And with the recent Binance news that I expect to at least slow things down a bit? Breaking $6000 was just way too easy in my opinion. Not sure about this mateys, I'm hugely skeptical if this would continue with an upward movement.

Binance is an altcoin exchange not a bitcoin exchange so it shouldn't have affected anything. not to mention that the momentum is there so you can't really expect something like that to put a dent in it.

$6000 was easy because we were in a bubble!

[Ozero]

Back over $6000 for the first time since November!

Every day in the morning I watch a bitcoin course and finally its price, according to CoinMarketCap, is $ 6068. His third attempt to quickly overcome the $ 6,000 barrier was a success. If after that he also moves forward, then we can assume that the bull market of cryptocurrency has begun. Let's see how Bitcoin will behave further, it becomes interesting.

[Caladonian]

Back over $6000 for the first time since November!

A very nice indications that whatever happened bounce will really come forward, it's small reverse but breaking this barrier will open a new door to try hitting much higher, we are not sure what will be the next target but it's good to see that the speculations for this month to hit and exceed to $6k was already been successful, now it's good to observed and timely check what will be the next momentum and how to get some advantage anticipating the
next possible goals.

[peter0425]

Right, just amazing to see bitcoin hitting $6k again. The binance hacked was a non-factor, on the contrary it looks like it push the price a bit. I'm sure everyone is very happy today and definitely the price could go $7k in the next coming weeks. We are in the bullish zone and when the price take off, it's really hard to stop.

[exstasie]

Right, just amazing to see bitcoin hitting $6k again. The binance hacked was a non-factor, on the contrary it looks like it push the price a bit.

I wouldn't go that far. The market obviously sold off a bit on the news.

But the swift recovery and new highs after news of a sizeable hack suggests there's still some bullish momentum left. Combined with the fact that shorts have been steadily rising on Bitfinex along with price for the past month, it feels like there's still another short squeeze coming.

Bigger picture, I still think we're forming a mid-term range rather starting a bull run, but a year from now it won't make a difference either way.

[Baofeng]

Finally the strong resistance at $5900 has been broken thus the price of bitcoin hits $6K in 2019, based on price action there is tendency that the price might retrace to the former resistance turn support.
Obviously this is a good news bitcoin had struggled for long price-wise thus prompting some deregotry remarks that bitcoin won't survive here is bitcoin proving many analysts wrong.

That $5900 resistance was like very hard to break in the last 2 days and then BOOM, $6k was broken so easily. And the thing is, we have like negative news around (Binance hack, Tether + Bitfinex fiasco), but the market wasn't even moved by this kind of news. Indication that investors are really in and there might be fresh blood that is willing to put cash in the ecosystem.

[CryptoBry]

Back over $6000 for the first time since November!

Finally, the time has come for Bitcoin to break through the $6,000 level and from there the sight is towards the $6,500 level and once we get there I think it can be easier to go up, up and away. Is this already the big signal that the bull run is coming back? Well, a lot of coin hodlers, lovers and enthusiasts are getting to be excited though cautious of what can be the next in the ongoing Bitcoin saga. I am sure that there are also who are wishing that Bitcoin can dip a little so they can get in with the bandwagon before it goes up into the "moon".

[davis196]

Finally the strong resistance at $5900 has been broken thus the price of bitcoin hits $6K in 2019, based on price action there is tendency that the price might retrace to the former resistance turn support.
Obviously this is a good news bitcoin had struggled for long price-wise thus prompting some deregotry remarks that bitcoin won't survive here is bitcoin proving many analysts wrong.

That $5900 resistance was like very hard to break in the last 2 days and then BOOM, $6k was broken so easily. And the thing is, we have like negative news around (Binance hack, Tether + Bitfinex fiasco), but the market wasn't even moved by this kind of news. Indication that investors are really in and there might be fresh blood that is willing to put cash in the ecosystem.

Tether has nothing to do with BTC.The Binance hack can't have powerful influence over the market because there the year is 2019,not 2013 and we have hundreds of big and medium sized crypto exchange platforms and the trading volume doesn't rely on one big platform.
The 6K USD bitcoin price can be considered good news,but I believe that a summer price crash is still possible.

[rhomelmabini]

If the recent hack on Binance and other FUDs doesn't mean for the price of BTC right now I guess we are on the track on the end of the bear market. Those infidels that capitulate and said that bitcoin is now dead perhaps crying in agony that they sell it on dip. Good to know those people that buy the dip on 2018.

[Duzter]

The ath of the year has been achieved, and expect the growth to cross several round barriers of $7000 and more at the earliest. Today the long expected $6000 is achieved which keeps the people happy. At the same time altcoins weren't showing good rise in the value. This makes portfolio get decline in value with the one that holds majority of altcoins compared to bitcoin.

[leea-1334]

Meanwhile, other altcoins are still struggling to get back their previous 2019 highs. It seems now every time Bitcoin goes for a new high, altcoins also climb but struggle to make an impact,,, it is as if now Bitcoin does not care about the rest of the market and is just doing its own thing.

I wonder if this will see ETH break $200, and Litecoin break $100?

[El duderino_]

Back over $6000 for the first time since November!

I remember we where getting BORED AF when we where @the 6K-ish range for that period of time, now it feels like a needed achievement and a pleasant place to stay for a while, building brick by brick and go to 5-digit, new ATH, and then explore the beyond.

However we have had a long period around the low level prices, but the upswing was again fast as well.

This is BTC and it will write its own narrative, as long we can deal with that and just ride the waves then we will be all fine for the long haul

[Vishnu.Reang]

Back over $6000 for the first time since November!

I wasn't much surprised either. And this time, there was hardly any major resistance before 6K. I am analyzing the bull run from $3,200 per coin to the current levels. The only instance when there was a major resistance was between $4,500 and $5,000. Apart from that, it was a very smooth bull run. If the trend continues, then I guess the next resistance level will come up at somewhere around $9,500. Till then, it will be a slow, but smooth rise. But it will be difficult to predict how much time it is going to take, in order to achieve 10K.