Bitcoin is Climbing Up.

[loopes]

Right now Bitcoin is climbing up so fast, In the CMC Bitcoins' price is $7,875.26. Its a great news, Do you think it will be the same as what happened on 2017 ? What are your thoughts about it ?

Yes, the patern will be the same. But it seems that the price will reach higher point. Maybe around $30.000 or more. This is the time to apply good strategy. Don't be greedy, when the price seems will crash then you should sell it. When the is a bull run then its mean that bearish market will come after that. This is because most of bitcoin users are traders so the patern will be the same if there is no significant number of bitcoin usage in ecommerce market place.

[LUCKMCFLY]

Yes, it is going up, but a normal movement of market correction arose hours ago, which, for some, may turn into panic, and for others it may be the perfect opportunity to buy much cheaper than before, and taking into account that now we are in a fae of accumulation, in 2017 a movement emerged that was highlighted since 2014, which, passed through a stage similar to the one we are currently experiencing, that is why I dare not say that we are in a stage similar to that of 2017 because in 2017 it finished accumulating 80% of the total bitcoins, due to this the bullish trend movement occurred, and the current conditions are different, similar but very different, so I think that We are not yet in 2017, I think there is still a long way to go, many bitcoins to accumulate and many movements to come, we are just in the accumulation phase, here anything can happen, we are in the hands of the stage where it is with the highest possible volatility.

Now taking into account the important bitcoin media that have been generated lately, the accumulation stage may accelerate a little more but it is not a guarantee that we are in bullish trend fae, because the millionaire portfolio is for 62% of accumulated bitcoins .

[Vaskiy]

The growth is tremendous and it happened to make a big change in the entire market. Some users have literally shocked on seeing the growth taking place with time. There is nothing to get shocked, and further overcoming the drop in price there is some good in the price of bitcoin and altcoins. This has made the entire market get out of the bloodbath.

[Naughty Princess]

The growth is tremendous and it happened to make a big change in the entire market. Some users have literally shocked on seeing the growth taking place with time. There is nothing to get shocked, and further overcoming the drop in price there is some good in the price of bitcoin and altcoins. This has made the entire market get out of the bloodbath.

There is no reason to be shock unless those who wait for the price to rise without investment because they keep losing their chance. The market makes them eager to enter and take risk because it keeps rising day by day and less drops is being seen. Hurry up or just wait for the price to drop again.

[calandra78]

Right now Bitcoin is climbing up so fast, In the CMC Bitcoins' price is $7,875.26. Its a great news, Do you think it will be the same as what happened on 2017 ? What are your thoughts about it ?

I thing this situation are different with 2017 year, on that time bitcoin price after halving day at 2016 and made new price $20k.
For this year situation are before halving day 2020 and the next step i guess climbing more over $20k. I thing will be cilmb more at halving time.

[bhabygrim]

Bitcoin has experience a huge drop and it happens so fast but now it looks like it is starting to climb up again.
The market has experience a correction and I think we could now move on and let the Bitcoin price continue to climb .

[BlackFor3st]

There is a big possibility that what happen last 2017 will happen again as it is only part of how the market flows. We cannot really predict what is coming but with the current situation of the market, nothing is impossible.

We can even say that there is a little possibilities that this coming bull run will surpasses the 2017 top price and will set a new record again. I cannot wait for this scenario to occur.

[okala]

There is a big possibility that what happen last 2017 will happen again as it is only part of how the market flows. We cannot really predict what is coming but with the current situation of the market, nothing is impossible.

We can even say that there is a little possibilities that this coming bull run will surpasses the 2017 top price and will set a new record again. I cannot wait for this scenario to occur.

Well the current market condition is a pointers to a great market ahead for bitcoin, and what we hard in 2017 is nothing to be compared to what await us in this coming bull run. Even as the bitcoin price is seating below $7,500 which I believe it a recovery phase before the big break.

[Initscri]

Bitcoin has experience a huge drop and it happens so fast but now it looks like it is starting to climb up again.
The market has experience a correction and I think we could now move on and let the Bitcoin price continue to climb .

It's bound to have many corrections. I mean look, we're going through one right now.

It can't climb super fast super quick without corrections, that would be honestly unhealthy for the market regardless.

[Steadfast20]

Right now Bitcoin is climbing up so fast, In the CMC Bitcoins' price is $7,875.26. Its a great news, Do you think it will be the same as what happened on 2017 ? What are your thoughts about it ?

Now the price has go down from around 8300 yesterday to around 7300-7400 right now. A correction has just began and I believe that this will take weeks before a major movement will occur, either going down or going up. Many are believing that the bull run has started including me. Lets just wait for the price of Bitcoin to rise.

[bitzizzix]

There is a big possibility that what happen last 2017 will happen again as it is only part of how the market flows. We cannot really predict what is coming but with the current situation of the market, nothing is impossible.

We can even say that there is a little possibilities that this coming bull run will surpasses the 2017 top price and will set a new record again. I cannot wait for this scenario to occur.

I also think that the bitcoin charts and movements this year have similarities with 2017, and I think bitcoin will gradually continue to rise to reach the highest price at the end of this year.
Hopefully this year's bull run will happen and that is what we expect after a year ago faced the worst market and this year must be better than the previous year.

[Sithara007]

Right now Bitcoin is climbing up so fast, In the CMC Bitcoins' price is $7,875.26. Its a great news, Do you think it will be the same as what happened on 2017 ? What are your thoughts about it ?

Now the price has go down from around 8300 yesterday to around 7300-7400 right now. A correction has just began and I believe that this will take weeks before a major movement will occur, either going down or going up. Many are believing that the bull run has started including me. Lets just wait for the price of Bitcoin to rise.

The profit booking phase is ongoing right now and after that we require a few weeks for stabilization. Hopefully Bitcoin will move towards the 5 digit mark after that (probably by next month). The momentum can get disrupted in case we get negative news of any kind. Cryptopia closed down a few days back, and surprisingly it didn't had any impact on the prices. But the same can't be said about some of the bigger exchanges.

[shesheboy]

... Hopefully Bitcoin will move towards the 5 digit mark after that (probably by next month).

Sure it is possible to happen but we cant say by next month or whatever specific dates that we can think of . We must not forgot that cryptocurrencies such as bitcoin are still unpredictable due to thier volatile nature  .

The momentum can get disrupted in case we get negative news of any kind.

Momentum can always get disrupted with or without negative news because news isnt the only factor that makes the price change  .

Cryptopia closed down a few days back, and surprisingly it didn't had any impact on the prices. But the same can't be said about some of the bigger exchanges.

I thought cryptopia has been hacked and close a long time ago ?  There were too many negative reviews about this exchange but this doesnt make any impact to the market because cryptopia dont have much users  not unlike to other bigger exchanges out there .

[tegarp90]

It will.
Because on arounf Q2 2020 bitcoin will have next halving (what is halving you can google it) it will make the price climb to the moon and make a new high

[Lumi3004]

Right now Bitcoin is climbing up so fast, In the CMC Bitcoins' price is $7,875.26. Its a great news, Do you think it will be the same as what happened on 2017 ? What are your thoughts about it ?

For now bitcoin is still in the position of $ 6,687, I'm sure bitcoin will experience a rise in the level of $ 15,000 in the coming months, but that's still an estimate.
I hope for this one digital currency (bitcoin) to become a public concern and remain to boost the people's economy.

[Viscore]

It will.
Because on arounf Q2 2020 bitcoin will have next halving (what is halving you can google it) it will make the price climb to the moon and make a new high

It's a good reason but that is just one of the reasons.

The market now has change to bullish because the correction is over, we've been in correction for 1 year long and it's time to recover now.
Sure the price in 2018 was undervalued because most assets were oversold, whales are done in accumulating so it's for them to pump the market.

[samputin]

Bitcoin's rapid increase in value is noticeable. And who doesn't want that? I think everyone who has bitcoin is celebrating. But, as we all know, bitcoin is volatile—prone to fluctuations. So we must also be mindful whenever the price is about to go down. Because what goes up goes down at some point. It may follow the trend it has way back 2017 and let us hope for the best, that its price will continue to rise. However, let's also get ready for the worst so that the downfall (when it occurs) won't affect us that huge.

[jonas5222000]

Quick update,currently the price of bitcoin is $7316.86 so in the past few days the price of bitcoin is more higher compare for now,i think it going to bounce again just like what happen before so for now i still hold my btc because i trusted it.

[Rengga Jati]

Don't be too fascinated by the increase in Bitcoin because we don't know when this coin will turn and drop back. As we know, Bitcoin is very volatile. Current increases are basically part of market progress. Since yesterday, BTC has tended to decline compared to a few days ago where the price of coins soared. With this, we know the market is in the recovery phase, so be vigilant and careful about the increase in Bitcoin prices.

[DomainTorrent]

Yes, bitcoin is climbing up. It will continue to do so gradually. Right now, I'm holding on to my BTCs. Time and again what happens in the past comes back today and will return again in the future. As the saying goes on... history repeats itself.