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Author Topic: Welcome Back to $6k Bitcoin!  (Read 582 times)
CryptoGirl7 (OP)
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May 09, 2019, 10:48:59 AM
 #1

Bitcoin (BTC) has continued its uptrend. It broke above the overhead resistance of $5,900 on May 7 but could not close above it. However, we are not seeing any profit booking or aggressive shorting at this critical resistance. Both the moving averages are trending up and the RSI is in the overbought zone. This increases the probability of a rally to $6,480.54. Traders can trail their stops on the remaining long positions to $5,500. If the price sustains above $6,000, the stops can further be tightened to $5,800.

Read more here: https://bitcoin2day.net/welcome-back-to-6k-bitcoin/
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May 09, 2019, 11:10:31 AM
 #2

I saw somewhere in this forum a thread created where people were asked to predict if btc will ever get to $6000 this month and I was of the opinion that it looks very feasible technically. Infact we may be seeing a $6500 this month those we may be having a support around $5900 before that. Btc remains the king and I have a firm belive btc will never go back to this year's low anymore.

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May 09, 2019, 11:17:05 AM
 #3

I am feeling happy even though i sold some of my holding yesterday after binance hack . But market showing positive sign even after such a massive hack news still market responding positively means its heading to next big milestone for sure.
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May 09, 2019, 11:17:10 AM
 #4

A year later, in these days we will be experienced new halving on Bitcoin network. So BTC block price will be dropped from 12.5BTC to 6.25BTC. In Bitcoin history, pre-halving times always shows a great price rise. I think we can easily reach up to 10K soon. (This is not an investment recommendation, it just my opinion)
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May 09, 2019, 11:19:47 AM
 #5

Yeah been a long that I see Bitcoin at this level. I hope we can stay in support level or even go more. Alts look bleeding at the moment in Bitcoin pair market
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May 09, 2019, 11:21:47 AM
 #6

if bitcoin can break at over 8k$ on this month, im pretty sure bitcoin will at 15k$ again on Q3 this year, so invest and buy more btc now.

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May 09, 2019, 11:44:29 AM
 #7

the scenario is almost the same as what happened in 2017. where bitcoin began to show an increase in the middle of the year, then reached the peak at the end of the year. will this be the same? no, it can be lower, or it can be higher, we just wait.

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May 09, 2019, 11:48:25 AM
 #8

Bitcoin (BTC) has continued its uptrend. It broke above the overhead resistance of $5,900 on May 7 but could not close above it. However, we are not seeing any profit booking or aggressive shorting at this critical resistance. Both the moving averages are trending up and the RSI is in the overbought zone. This increases the probability of a rally to $6,480.54. Traders can trail their stops on the remaining long positions to $5,500. If the price sustains above $6,000, the stops can further be tightened to $5,800.

Read more here: https://bitcoin2day.net/welcome-back-to-6k-bitcoin/

No matter what the current trend for Bitcoin is happening now, we should be thankful that it does not drop below $2k. Let's just enjoy what we are experiencing in this current market.

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May 09, 2019, 11:49:11 AM
 #9

Even with the binance hack, growing continuing. Everybody expected a dump.

We may see ath this year. Markets are looking great.

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May 09, 2019, 11:50:49 AM
 #10

Let's hope the further growth will be as stable as for now. I'm glad that price is going up but I don't want to see another crypto bubble inflated with speculations
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May 09, 2019, 11:53:58 AM
 #11

the scenario is almost the same as what happened in 2017. where bitcoin began to show an increase in the middle of the year, then reached the peak at the end of the year. will this be the same? no, it can be lower, or it can be higher, we just wait.

Scenarios rarely ever repeat themselves precisely because of people's expectations.

Assume that everyone thinks 2017 will repeat itself. Then the price will crash a few months earlier because everyone will predict to sell in december/january, so everyone will sell in november, for example.

My 2 cents: I think that Tether has been exposed and the exponential valuation we saw in 2017 won't happen again. Growth will now be more linear but still upwards.

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May 09, 2019, 11:58:41 AM
 #12

Its been a long time since we touch this level and its really good to see bitcoin again on $6k level. I hope it can stay up to the end of May and continue the uptrend in June, the price are good right now don't take profit yet because the price can still go up.

the scenario is almost the same as what happened in 2017. where bitcoin began to show an increase in the middle of the year, then reached the peak at the end of the year. will this be the same? no, it can be lower, or it can be higher, we just wait.
Yeah, there's still a possible to drop, but let's wait for the bull to appear and never allow this market to drop lower again.
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May 09, 2019, 12:04:02 PM
 #13

Even with the binance hack, growing continuing. Everybody expected a dump.

We may see ath this year. Markets are looking great.
I also expected that bitcoin will dump after binance hacked, but seems bitcoin not affected it's increase and reached $6000 price instead.
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May 09, 2019, 12:06:16 PM
 #14

Well, I'm a bit happy because the price of Bitcoin reached the $6k price but I'm still bearish on it until it reaches the $6800. Smiley

Maybe some here are thinking that the bull market has jut begun. I'm still waiting for the price of Bitcoin to do a massive correction and that is the time that I will accumulate more Bitcoin.

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May 09, 2019, 12:13:35 PM
 #15

I saw somewhere in this forum a thread created where people were asked to predict if btc will ever get to $6000 this month and I was of the opinion that it looks very feasible technically. Infact we may be seeing a $6500 this month those we may be having a support around $5900 before that. Btc remains the king and I have a firm belive btc will never go back to this year's low anymore.

I'm hoping that it will continue to move up and the bull run will continue, we just read about the recent Binance hacked, but fortunately it did not make an impact on the price on the market, price had a good chance to reach $7000 this month and I'm thinking of the possibility it will hit $15,000, is it possible, even if there are still hacking incidents.
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May 09, 2019, 12:20:58 PM
 #16

I am feeling happy even though i sold some of my holding yesterday after binance hack . But market showing positive sign even after such a massive hack news still market responding positively means its heading to next big milestone for sure.

I definitely didn't see this coming actually, I thought bitcoin will going to bay at 5500 dollar till the second quarter of the year, not expecting that it can surpass the 6000 dollar hit right now, but what I have experienced is that, I loss too much since I am not aware about this and I already sold some of my BTC. I hope I can buy back again because of this.

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May 09, 2019, 12:25:11 PM
 #17

I think the price of bitcoin has increased too much and many say that bitcoin in bullrun this year will tell me that the price of bitcoin will increase because it happens every year so for investors to take advantage of buy Altcoins with the potential to increase bitcoin is more likely to increase the altcoin price you will buy but make sure you have the potential and longterm you will buy so you do not lose your investment.
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May 09, 2019, 12:28:07 PM
 #18

it's just another day in the crypto world Smiley the price that we are waiting for so long to see.. i hope the price rally will continue just slowly but surely  Grin Grin
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May 09, 2019, 12:53:13 PM
 #19

Even with the binance hack, growing continuing. Everybody expected a dump.

We may see ath this year. Markets are looking great.
I also expected that bitcoin will dump after binance hacked, but seems bitcoin not affected it's increase and reached $6000 price instead.
Market sentiment has changed, bad of fud hardly affect price these days seem amateurs who are easily get emotional with negative news are gone.
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May 09, 2019, 12:55:01 PM
 #20

That will be a good sign for every people to prepare for the next things that might happen. Even if the next things is, we see the bitcoin price is down, but we will see bitcoin price increase higher than now. And for people who still held bitcoin from $4000 level, I think they can try to sell some parts of bitcoin they have to take their money back while they can wait for another downtrend of bitcoin price so they can buy another part to hold again.

But that is not guaranteed to see the bitcoin price can increase higher after this because the chance for bitcoin price to down still wide open and perhaps, the increasing of the price is for testing the new area before the price can increase higher. We still have much time to see the price will increase by more than $6500, so we need to use this time to take the profit before it's too late.
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May 09, 2019, 01:46:29 PM
 #21

I am not surprise that bitcoin is already hit on $6000 and I believe that it is in the road going $6900-$7000 before this month end. I think this is the effect of the bitcoin's power that now embracing in the many part of the globe and even the one of the biggest company will already support bitcoin like samsung company. And it is a big impact for the bitcoin price to increase.

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May 09, 2019, 01:50:27 PM
 #22

It's a great thing to know that bitcoin would like to get pumped to $6k, I wonder if it would get more pumped and having a new ATH next year.
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May 09, 2019, 01:53:31 PM
 #23

nothing strange or speculation worthy is here. it is just bitcoin being on the bull run which started a while ago. what was worth discussing was the start of this bull run when price broke out of $4000 resistance which was a hard thing and is the reason for all these subsequent rises. $6k, $7k,... are expected to be hit one after another with the same speed that we have been seeing so far which is slow but solid.

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May 09, 2019, 01:53:40 PM
 #24

Even with the binance hack, growing continuing. Everybody expected a dump.

We may see ath this year. Markets are looking great.

The amount of hacked Bitcoins - taken out on binance, would not influence the price. What he could expect was the drastic fall of the BNB.

OI
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May 09, 2019, 01:57:10 PM
 #25

It's a great thing to know that bitcoin would like to get pumped to $6k, I wonder if it would get more pumped and having a new ATH next year.
This trend will make BTC towards ATH next year, possibly going smoothly when many companies will accept cryptocurrencies. This year's situation is more positive that the company's approach is broader.

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May 09, 2019, 02:26:30 PM
 #26

It seems that the price of Bitcoin despite the negative news still managed to overcome $6000 and keeps above this price. The main thing now is to keep the price above $6000 and then the price should grow faster, many crypto traders are sure of it.
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May 09, 2019, 03:10:35 PM
 #27

It seems that the price of Bitcoin despite the negative news still managed to overcome $6000 and keeps above this price. The main thing now is to keep the price above $6000 and then the price should grow faster, many crypto traders are sure of it.
This is a good news for us users who believes in bitcoin that price are uptrend. Yes despite of hacking issue on a certain exchange price of bitcoin is growing. However, I am also glad that this year have the possibility of bitcoin to jump the price.
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May 09, 2019, 03:15:21 PM
 #28

Dont be so excited , anything can happen in a blink of an eye. We dont know this might be a bull trap , but i hope and i pray this pump will go till the end of the year.

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May 09, 2019, 03:30:39 PM
 #29

Wow, I just chekced the market and found out that we did hit the 6k mark. Hoping that this kind of rally could make us reach another milestone again. Yet a little bit tricky since the trading view says that bitcoin will go down before rallying again. But you did not included it.
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May 09, 2019, 03:36:29 PM
 #30

Dont be so excited , anything can happen in a blink of an eye. We dont know this might be a bull trap , but i hope and i pray this pump will go till the end of the year.
Agree with this, but let's keep positive about bitcoin.  Grin Because keep our attention on price will make us more aware if dump really happen. It is better i think because even up and down, we already prepared for it.

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May 09, 2019, 03:39:09 PM
 #31

i am mostly surprised that it took this long for $6k to come back around after the whaledumpers pushed the price down with a lot of sells at the time. price should have bounced right back up after 1 months tops without falling that low to $3.1k which was a huge discout that we will never see again. right now we are only back to where we should have been 5 months ago before the FUD about BCash fork started and they caused panic and manipulated the market to artificially and temporarily keep the price down.
in other words if that hadn't happened price would have been at least $9k by now.

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May 09, 2019, 03:58:05 PM
 #32

Dont be so excited , anything can happen in a blink of an eye. We dont know this might be a bull trap , but i hope and i pray this pump will go till the end of the year.
Agree with this, but let's keep positive about bitcoin.  Grin Because keep our attention on price will make us more aware if dump really happen. It is better i think because even up and down, we already prepared for it.
We still no t get in above with a good close on 6000 price above. I am waiting how bitcoin will react on 6k resistance and if we can go higher that $6k will act as support.  it is much needed now to watch the price this is one of the moment we don't wanna miss because if we drop in here or may surge up again in coming next days.


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May 09, 2019, 06:17:21 PM
 #33

We already see the price of Bitcoin over six thousand dollars. Today, CoinMarketCap showed a bitcoin price of $ 6,093, then its price dropped slightly, but still above six thousand dollars. Now it is interesting to see whether it will grow further. From this movement will depend on the direction of the market until the end of the year. In any case, the market of cryptocurrency for the second month shows a good upward trend.
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May 09, 2019, 07:27:42 PM
 #34

I am feeling happy even though i sold some of my holding yesterday after binance hack . But market showing positive sign even after such a massive hack news still market responding positively means its heading to next big milestone for sure.
I believe there are many people who did it, has been becoming a culture when the negative information come then the user of bitcoin will do sell their investment first to find a profit when the price start to up again. But the current situation made me failed to focus, because the reversal price is very fast. Just need several hours to make its price come back to up again, I feel I really find it now only and seems like the price bitcoin will continue to high and I am very curious to go through that.
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May 09, 2019, 10:21:01 PM
 #35

Luckily we made it and thinking for a huge hikes after this $6k break. It's along time I've this price, 1 year of waiting and finally we get it.
This is also to indicate that Bitcoin will have a better future and never it thinks that it will sink but for have a huge chance to recover instead.
And we finally concluded that, even there is huge fall in the market happens but still many people giving trust into Bitcoin and it looks better now.



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May 09, 2019, 10:22:30 PM
 #36

we have waited and predicted this for a while now and it is with Joy we are seen it. even the recent Binance hack didn't affect i foresee   $6500 crossing this month
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May 09, 2019, 11:40:15 PM
 #37

I smell the bull is coming already. Grin
If there is no FUD/FOMO Bitcoin will eventually reach that $6400 within a month or more.
We will just gonna wait for the moment when Bitcoin breaks another resistance and probably it would be $7k.

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May 09, 2019, 11:49:10 PM
 #38

i am mostly surprised that it took this long for $6k to come back around after the whaledumpers pushed the price down with a lot of sells at the time.
I am more surprised about the fact that it went back over $6000 sooner than I expected. The insane demand that came in the moment we broke $5000 was an absolute game changer for the short term window of the market.

price should have bounced right back up after 1 months tops without falling that low to $3.1k which was a huge discout that we will never see again.
Can we really consider $3100 to be a discount? Sure, now it definitely looks like a discount, but we hovered below $4000 for quite some time, which indicates that there wasn't enough demand at that point in time.

I tend to agree that it's very unlikely to see last year's low being retested, but I wouldn't mind being presented the opportunity to buy that level once again. I liked the accumulation below the $4000 mark a lot.

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May 10, 2019, 01:33:21 AM
 #39

Dont be so excited , anything can happen in a blink of an eye. We dont know this might be a bull trap , but i hope and i pray this pump will go till the end of the year.
Yes, don’t be too confident that the market will go high as easy like this, anything can happen in just a seconds. I also pray for that this is not a bull trap, or a manipulation because if this is just a trap then expect the price to fall up to $4k level again. We are happy to see the $6k price but for sure we still aim for a higher price before the end of this 2nd quarter.

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May 10, 2019, 03:31:24 AM
 #40

Even with the binance hack, growing continuing. Everybody expected a dump.

We may see ath this year. Markets are looking great.

Yeah its quite surprising to see this, usually we will see huge dumping and panic aelling, but this time the market looks all right and continue to move upward, this remaining year seem to be good for bitcoin to keep moving and developing, its possible that bitcoin going to stabilise this year with 8k
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May 10, 2019, 03:36:50 AM
 #41

I smell the bull is coming already. Grin
If there is no FUD/FOMO Bitcoin will eventually reach that $6400 within a month or more.
We will just gonna wait for the moment when Bitcoin breaks another resistance and probably it would be $7k.
Yesterday, we were still discussing overcoming $ 6,000 in Bitcoin, but no one could even imagine that the price would reach almost $ 6,300 the very next day. Now, according to CoinMarketCap, the price of bitcoin is 6296 dollars. Bitcoin is growing at a very fast pace, even despite the theft of 7,000 bitcoins from Binance. What is the price of Bitcoin tomorrow?

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May 10, 2019, 06:20:34 AM
 #42

I smell the bull is coming already. Grin
If there is no FUD/FOMO Bitcoin will eventually reach that $6400 within a month or more.
We will just gonna wait for the moment when Bitcoin breaks another resistance and probably it would be $7k.
Yesterday, we were still discussing overcoming $ 6,000 in Bitcoin, but no one could even imagine that the price would reach almost $ 6,300 the very next day. Now, according to CoinMarketCap, the price of bitcoin is 6296 dollars. Bitcoin is growing at a very fast pace, even despite the theft of 7,000 bitcoins from Binance. What is the price of Bitcoin tomorrow?

this pace is not that fast though. we are still seeing a slow growth although this is not the slowest price rise we have seen but it is among them. a "fast pace" is when price rises 50% in one day which we have seen in the past. so for example if price reached $9k today or at least $7.1k, then that would be fast.
with the current trend we can expect $7000 to also be broken before this month ends. my reasoning is that bitcoin was ready to break $7k about 6-7 months ago so this is already behind scheduled rising.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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May 10, 2019, 06:50:51 AM
 #43

It's a celebration guys. And now the weak hands that sold off their remaining bitcoins are surely jealous right now. Why do people just don't see the fact that btc is not going anywhere and not going to die? And it's also funny that the people against us launched their FUD about Bitfinex and paid their hackers to degrade Binance but it did not stop bitcoin at all.
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May 10, 2019, 07:07:57 AM
 #44

Bitcoin (BTC) has continued its uptrend. It broke above the overhead resistance of $5,900 on May 7 but could not close above it. However, we are not seeing any profit booking or aggressive shorting at this critical resistance. Both the moving averages are trending up and the RSI is in the overbought zone. This increases the probability of a rally to $6,480.54. Traders can trail their stops on the remaining long positions to $5,500. If the price sustains above $6,000, the stops can further be tightened to $5,800.

Read more here: https://bitcoin2day.net/welcome-back-to-6k-bitcoin/
Lol we're on the $7,000 run now as we break the $6,100 barricade that hindering our profit for weeks now
This $6,480 rally is just a step away now and looking to hit before the night ends now

we have waited and predicted this for a while now and it is with Joy we are seen it. even the recent Binance hack didn't affect i foresee   $6500 crossing this month
That binance issue brings more strength to bitcoin but stopped the growth of altcoins these days,but i am not worrying because i know for sure that the bull of whole market is just aroubd
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May 10, 2019, 07:28:31 AM
 #45

It's a celebration guys. And now the weak hands that sold off their remaining bitcoins are surely jealous right now. Why do people just don't see the fact that btc is not going anywhere and not going to die? And it's also funny that the people against us launched their FUD about Bitfinex and paid their hackers to degrade Binance but it did not stop bitcoin at all.

it is because the bitcoin market is sometimes filled with people who entered only to make a lot of money in a very short time and when the obviously didn't happen they started panicking and started looking to others to explain to them what was happening. obviously those "others" took advantage and gave them bad explanations and suggestions to benefit themselves.

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May 10, 2019, 02:29:40 PM
 #46

I was really surprised and I have never thought that Bitcoin could reach $6000 this month. Bitcoin is really surprising and it never fails our expectations. I think it's the best time for us to hold tight to our hodlings and wait for the better days that are yet to come in crypto world. If it's really the start of the bull run, then we're on the right track.

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May 10, 2019, 02:50:15 PM
 #47

I was really surprised and I have never thought that Bitcoin could reach $6000 this month. Bitcoin is really surprising and it never fails our expectations. I think it's the best time for us to hold tight to our hodlings and wait for the better days that are yet to come in crypto world. If it's really the start of the bull run, then we're on the right track.
Indeed, it never fail us, although we went into a deep slumber when the price goes to $3k, but now it seems the bulls are already awake and the price is really making a good run. What we need to do is hodl and then buy some if you can afford it as this point.









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May 10, 2019, 03:13:26 PM
 #48

If the growth rate continues, in the near future, you can create a theme "Welcome to Bitcoin for $7,000." In fact, the rise in the price of Bitcoin is now very similar to the one that was in 2017. Despite some negative news, its price continues to grow, which is impressive.
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May 10, 2019, 03:17:44 PM
 #49

Bitcoin (BTC) has continued its uptrend. It broke above the overhead resistance of $5,900 on May 7 but could not close above it.



it is good to see the price of $6000, if the memory does not fail me the months ago reading the post from the guy of the hasflare saying that cloud mining would only return to good results when the price was above  $9500. I do not know if this is true or not, but I would very much like to see the price stay above $9500 just to see what the excuse of cloud mining will be

If the price sustains above $6,000, the stops can further be tightened to $5,800.

I hope it does not fall below $ 6000

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May 10, 2019, 04:25:02 PM
 #50

I was really surprised and I have never thought that Bitcoin could reach $6000 this month. Bitcoin is really surprising and it never fails our expectations. I think it's the best time for us to hold tight to our hodlings and wait for the better days that are yet to come in crypto world. If it's really the start of the bull run, then we're on the right track.
yes, I was also surprised at the price. I think the potential of bitcoin can really be high this year. I began to feel that crypto could have a good price in the years to come. this year the price of bitcoin will definitely be higher.

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StarofBTC
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May 10, 2019, 08:14:54 PM
 #51

I am feeling happy even though i sold some of my holding yesterday after binance hack . But market showing positive sign even after such a massive hack news still market responding positively means its heading to next big milestone for sure.
Lol, what do you think was going to happen that made you panic sold, you would have just transferred your fund to another wallet if your coin was on bitcoin. There is no way Binance hacking would have affected the market value since it is just 7000 BTC out of the millions of BTC will have circulating.

When I saw that the price of bitcoin had broken the barrier, my first thought too was that people had started changing their BNB to Bitcoin, till I went to coinmarketcap and saw that BNB value was still as strong and firm as it has been, so I believe we just got some new investors who pushed the price of bitcoin to break the $6k barrier.
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May 11, 2019, 10:56:07 AM
 #52

I smell the bull is coming already. Grin
If there is no FUD/FOMO Bitcoin will eventually reach that $6400 within a month or more.
We will just gonna wait for the moment when Bitcoin breaks another resistance and probably it would be $7k.
Yesterday, we were still discussing overcoming $ 6,000 in Bitcoin, but no one could even imagine that the price would reach almost $ 6,300 the very next day. Now, according to CoinMarketCap, the price of bitcoin is 6296 dollars. Bitcoin is growing at a very fast pace, even despite the theft of 7,000 bitcoins from Binance. What is the price of Bitcoin tomorrow?
It is amazing how bitcoin really knocked us all off our feet, the surprise bitcoin has been coming with from the beginning of April has been a tremendous one, which shows that this year will be a very wonderful year in the cryptocurrency market.

Miners will start getting back on their feet now and I am glad bitcoin chose this period to perform, because china would have had their way when they planned banning mining, now that it is obvious that the market has already left the bear market finally, so many miners will be coming back into mining from different part of the world that will make china miners less relevant on the market.
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May 11, 2019, 03:33:56 PM
 #53

I am feeling happy even though i sold some of my holding yesterday after binance hack . But market showing positive sign even after such a massive hack news still market responding positively means its heading to next big milestone for sure.

Well, I wonder how you feel right now.
The bitcoin price still grows and none knows when it is going to stop.
I think that we will see a downtrend in the next days but this year will probably be a positive one for the market cap of the cryptocurrency market IMHO.
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May 11, 2019, 03:49:24 PM
 #54

I am feeling happy even though i sold some of my holding yesterday after binance hack . But market showing positive sign even after such a massive hack news still market responding positively means its heading to next big milestone for sure.

Well, I wonder how you feel right now.
The bitcoin price still grows and none knows when it is going to stop.
I think that we will see a downtrend in the next days but this year will probably be a positive one for the market cap of the cryptocurrency market IMHO.
Don't expect much for you not to fail more when this pump turns traps,if you are active last year then you should know what i mean

Whales can manipulate market and wr all knew that ,maybe what we need is to be aware and vigilant on what the market move sooner

If the growth rate continues, in the near future, you can create a theme "Welcome to Bitcoin for $7,000." In fact, the rise in the price of Bitcoin is now very similar to the one that was in 2017. Despite some negative news, its price continues to grow, which is impressive.
So he need to create that Theme today? Since your wish comes reality this very moment? $7,000 has been here now
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May 11, 2019, 04:51:48 PM
 #55

Let's welcome the price of bitcoin at $7000 at this time $6955 is the exact value of the bitcoin. I saw bitcoin last few days ago bitcoin turned into $6000 which is makes us happy even we have some bitcoins what more those who have a lot of bitcoins.
Im always ready to welcome every bitcoin reach high value I will not want to see for the down price .
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May 11, 2019, 08:40:40 PM
 #56

Well now the price is over 6900$ and is good for who buy at 4000$ and want now to cashout and get the profit, but who want should wait more for bigger price.
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