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Author Topic: bitcoin has reached 8000$, then what?  (Read 11586 times)
coinluisa
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June 07, 2019, 10:25:44 PM
 #141

now the bitcoin has reached 8000$ and the altcoin is starting to move up. can this survive or there will be another fall. can this be said that the bear market is over?

Changing the price in the market is normal so don't panic if you see that there's a little drop. I feel that bitcoin and altcoins will be move up,and they can survive of this little dropping. Much better to be calm and observe the market.

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June 08, 2019, 06:52:49 AM
 #142

price recovery is currently unstable. even now the price of bitcoin is below the price of $ 8000 after rising above it. we might need to wait for the price to rise again, and however, this is a good thing. we cannot say that this is the end of the bear market, but we know that this is the beginning of a bull market.

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June 08, 2019, 08:21:07 AM
 #143

Then what ?  Then bitcoin falls again because the pump is usually followed by a dump or a correction ( in other terms )  but we must not worry because this was only a normal event  .

 this event is actually our advantage because this gives investor another room to accumulate more coins  . after some time the value can then again increase and will be expected to reach 9k to 10k usd by the mid of the 3rd up to last quarter of this year  .
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June 08, 2019, 08:55:45 AM
 #144

after some time the value can then again increase and will be expected to reach 9k to 10k usd by the mid of the 3rd up to last quarter of this year  .
I wouldn't give people that kind of expectation on what will be the potential price of bitcoin with a certain period of time. We know it that everything on the market is very unpredictable and there's no way to know on how much it would be. Well then it's still your prediction and you can kind of stick to it but as I've said, I won't give that kind of hope to others. The tip that I can give to them is to believe that the market has gone out of the bear and this is just a slow process of recovery which is better for us.



 

 

 

 

 

 


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June 08, 2019, 01:04:15 PM
 #145

Then what ?  Then bitcoin falls again because the pump is usually followed by a dump or a correction ( in other terms )  but we must not worry because this was only a normal event  .

 this event is actually our advantage because this gives investor another room to accumulate more coins  . after some time the value can then again increase and will be expected to reach 9k to 10k usd by the mid of the 3rd up to last quarter of this year  .
You've got that but somehow people never wanted it to happen as they think that the market will always at high.
As we break $8k this month might possible that it will move another highs in the coming days. We just be hopeful that no more huge drops to open up in the 3rd quarter and we finally be in bull run.

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June 09, 2019, 06:22:44 AM
 #146

What do you mean by that? Aren't you glad the the bear market is over? $8k is a miracle for me because I was only speculating that btc will only  reach $5k and will either get stuck there or go up and down on that value. And now, I am starting to believe those articles about the time traveler that btc will hit $100k next year because of turn of events.
We see that after the longest period of the bear market, this year bitcoin, though periodically, grows in price, but it constantly goes for a correction and this greatly hinders its price growth. It cannot grow too fast yet, its growth will be slow and it will not reach any price records this year. Next year, only its return to the previous price record of $ 20,000 is possible, but it’s obviously that in the coming years it will not be able to reach the price of one hundred thousand dollars.

I have always been in favor of bitcoin moving up with healthy correction. In case bitcoin move straight up (like in 2017), then it will be dumped hard. We already seen bitcoin dumped from 20k to 3K in a period of almost 1 year. I hope this time bitcoin move up slowly. The more stable the bitcoin will be, the more will be the chance that it will not fall down from the current prices.

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June 09, 2019, 08:08:16 AM
 #147

What do you mean by that? Aren't you glad the the bear market is over? $8k is a miracle for me because I was only speculating that btc will only  reach $5k and will either get stuck there or go up and down on that value. And now, I am starting to believe those articles about the time traveler that btc will hit $100k next year because of turn of events.
We see that after the longest period of the bear market, this year bitcoin, though periodically, grows in price, but it constantly goes for a correction and this greatly hinders its price growth. It cannot grow too fast yet, its growth will be slow and it will not reach any price records this year. Next year, only its return to the previous price record of $ 20,000 is possible, but it’s obviously that in the coming years it will not be able to reach the price of one hundred thousand dollars.
It looks like bitcoin has stopped rising and slowing down, currently the price is around $8k. before the movement was very fast and rising to $9k, once the correction occurred marketcaps fell and price movements become slow, of course I still believe price increases in the coming days, but we need to be more patient, stable prices may only occur temporarily, when you see the price signal go up, buy it right away!
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June 09, 2019, 11:06:10 AM
 #148

Why people always said the bear market is over? lol. Calm down people, the bear market is just starting but it's not means it will always go up. The market is just calm down for a second.

The bitcoin price is stable at $8,000 right now and if there is a fall, no need to panic. It will go up again for sure.
I think because of the price is adjust a little dropped. Its a usual on the price of btc is changing, so will say that its a bear market is already ended. Now the price remain about $8k buts its already good. So people need to wait for the result and more trust, because on the next day again suddenly higher prices will expecting.
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June 09, 2019, 03:56:57 PM
 #149

I think for now we are waiting for the price of $ 8000, and when the price reaches that, it will be a good thing. after that, we need to support this price development so that it can be stable, or become higher. of course that would be good news to see prices like that again.
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June 09, 2019, 04:03:05 PM
 #150

I think for now we are waiting for the price of $ 8000, and when the price reaches that, it will be a good thing. after that, we need to support this price development so that it can be stable, or become higher. of course that would be good news to see prices like that again.

Bitcoin price was around 8000$ but now it is dropped a bit , maybe due to weekend. Bitcoin is mostly shaky on weekends. I am anticipating bitcoin to reach 9000$ by the end of June 2019.

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June 09, 2019, 04:32:28 PM
 #151

I think for now we are waiting for the price of $ 8000, and when the price reaches that, it will be a good thing. after that, we need to support this price development so that it can be stable, or become higher. of course that would be good news to see prices like that again.

Bitcoin price was around 8000$ but now it is dropped a bit , maybe due to weekend. Bitcoin is mostly shaky on weekends. I am anticipating bitcoin to reach 9000$ by the end of June 2019.
Weekends can be a cash-out day for winning traders and gamblers, time for them to enjoy their profits and spend some relaxing for their friends and families, small downside will not affect the market that much be calm and if you have some spare money you can observed and do some shopping
while value still cheap chances for the bounce to happened next week can be anticipated.
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June 09, 2019, 05:10:53 PM
 #152

I think for now we are waiting for the price of $ 8000, and when the price reaches that, it will be a good thing. after that, we need to support this price development so that it can be stable, or become higher. of course that would be good news to see prices like that again.

Bitcoin price was around 8000$ but now it is dropped a bit , maybe due to weekend. Bitcoin is mostly shaky on weekends. I am anticipating bitcoin to reach 9000$ by the end of June 2019.
Weekends can be a cash-out day for winning traders and gamblers, time for them to enjoy their profits and spend some relaxing for their friends and families, small downside will not affect the market that much be calm and if you have some spare money you can observed and do some shopping
while value still cheap chances for the bounce to happened next week can be anticipated.

There are many speculatiions that weekends influence  in negative way on Bitcoin price but there is mo actual proof for that. I would say this weekend was the opposite, Price has moved up a bit but it seems that 8000$ boundary it's still hard to break again. Even in the upcoming week I don't expect that.

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June 09, 2019, 10:09:22 PM
 #153

I think for now we are waiting for the price of $ 8000, and when the price reaches that, it will be a good thing. after that, we need to support this price development so that it can be stable, or become higher. of course that would be good news to see prices like that again.


  I don't doubt that bitcoin can reach $8k, but I think it will happen in the mean time as the current market has carrying high volatilization that affect its price on bouncing $7k. But hopefully it will appear so soon, so we can have profits in return of waiting bull trend for too long. And its development will continue to progress bountifully in a massive way.
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June 09, 2019, 11:08:03 PM
 #154

Price is in a box currently, its down in Sunday trading from shorts opening up for the week I think but I dont know it will go down immediately for Monday



Blue line is 2 day average and yellow the 8 day, its quite negative action for the moment and looked this way Friday similarly.   However I dont know it will pass the previous low of 7500 without first trying to challenge 8000 again

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exstasie
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June 10, 2019, 03:01:33 AM
 #155

Something occurred to me today. Litecoin's halving is supposed to happen in early August. If we were entering a multi-month correction to the $5,000s-$6,000s then that means the "halving pump" would already be over.

But what do we see on the LTC charts? LTCUSD's weekly chart closed green despite all the blood on the BTC chart. So LTC is still looking quite strong. Litecoin retaining this sort of bullish momentum is a good sign for upside continuation on BTC.

whyrqa-1
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June 10, 2019, 07:56:30 PM
 #156

if the mass media gave out much less negative information, then the situation in the cryptocurrency market would improve much faster, as they happen today.  I think that it was not for nothing that news about the sale of about 50,000 Bitcoins Nakamoto was being published in China, which negatively corrected the prices for cryptocurrency.
romero121
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June 10, 2019, 11:58:44 PM
 #157

What will be the next move of bitcoin is still under discussion without anything confirmed. As of now from experts view the price could go upwards and if this didn't take place we can expect the price to drop low reaching close to $5000. If such a downfall is overcome surely big manipulation will happen from the whales to get profiting, by that time can come across more FUD. Even now one such news is ban in India. As people have known better none reacted big and there is no big change in the market.

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KlepZ
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June 11, 2019, 12:35:58 AM
 #158

After the recent bottom of $6,400 on Mar-31–2018 Bitcoin had been steadily rising.
Anyways, with several exciting news 8K was in sight and twitter space was full lambo, moon and rocket pictures. This is generally a time where my sell orders get executed.
Tweeter were very sure over the last three weeks. Bitcoin masters and superstars claimed that, should the bitcoin break above $10,000 again, and this was all but a foregone conclusion in their view, it would be the last time investors would ever see 10K.
Dreamchaser21
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June 11, 2019, 04:48:34 AM
 #159

if the mass media gave out much less negative information, then the situation in the cryptocurrency market would improve much faster, as they happen today.  I think that it was not for nothing that news about the sale of about 50,000 Bitcoins Nakamoto was being published in China, which negatively corrected the prices for cryptocurrency.
This is a big fail so far on the price of bitcoin but hopefully it will not affect the market for the rest of 2019. Its sad that we are not able to go beyond $9k but yes we still have time to achieve that though that news is quiet not reliable, i hope big investors will not move like this and push the market up.
guoyu78
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June 11, 2019, 06:20:19 AM
 #160

What do you mean by that? Aren't you glad the the bear market is over? $8k is a miracle for me because I was only speculating that btc will only  reach $5k and will either get stuck there or go up and down on that value. And now, I am starting to believe those articles about the time traveler that btc will hit $100k next year because of turn of events.
We see that after the longest period of the bear market, this year bitcoin, though periodically, grows in price, but it constantly goes for a correction and this greatly hinders its price growth. It cannot grow too fast yet, its growth will be slow and it will not reach any price records this year. Next year, only its return to the previous price record of $ 20,000 is possible, but it’s obviously that in the coming years it will not be able to reach the price of one hundred thousand dollars.
It looks like bitcoin has stopped rising and slowing down, currently the price is around $8k. before the movement was very fast and rising to $9k, once the correction occurred marketcaps fell and price movements become slow, of course I still believe price increases in the coming days, but we need to be more patient, stable prices may only occur temporarily, when you see the price signal go up, buy it right away!
Yes slow but still increasing, sometimes I see the correction as a defense mechanism that the Bitcoin technology is beginning to use to defend itself against damage again.

If you look at the last bull run, we were really not seeing much corrections, and when the price was spiking continuously, it amazes people and everyone started putting in money out of FOMO until a whale decided to dump a very big amount and because such action were strange to people, they all started panic selling too including me.

But with this new strategy of Bitcoin, people no longer react to FOMO or react to correction that much, they just allow the system to play well, which I believe is a little bit better for Bitcoin system.
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