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Author Topic: bitcoin has reached 8000$, then what?  (Read 11586 times)
tytanhamon04
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May 15, 2019, 06:00:36 PM
 #41

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?

As I always thought that the market goes in cycles and repeats the schedule, You wonder what will happen next ? I will say my opinion and it is that no one knows exactly what will happen next. I can assume what would happen next 9000$ - 10000$ - 11000$ ...! But maybe coming again on the bottom )
Time will tell what will happen next ! Patience will show which of us will survive in this unpredictable cryptocurrency market my friend )

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jakelyson
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May 15, 2019, 06:06:26 PM
 #42

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?
I think the bear market is over for a month and a half already. However, as much as I enjoy to see the price getting higher, I am more concerned with what's happening than happy. I was pretty sure Bitcoin would get stuck between 6 and 7 thousand something for a while. Instead, it only took a couple of days to reach $8k. This looks way too much like the 2017 case. The fees already jumped, people are trading a lot, the price is moving up too fast. I think that if it doesn't slow down, we might see another long bearish market soon.

I do not think so. The jump will be too much if it crosses above 10K which is still very far. As we can see, the price still has trouble sustaining above 8K. It keeps on sliding back when it reaches this level.
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May 15, 2019, 06:16:34 PM
 #43

I hope that this is a sign for a long-term uptrend. Of course a slight decline will often be seen and that can be an opportunity for short-term traders. I think the price of 10k usd could be achieved in the next few weeks if nothing gets in the way

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May 15, 2019, 06:19:19 PM
 #44

Many are saying the bear market is certainly over and even cnbc announced it yesterday on their crypto news forecast.
Wall street journal has an article put out earlier today about the bulls taking over for good.
So these are good signs for the progress of bitcoin and it reaching the all time high of a year and half ago very soon. Wink

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May 15, 2019, 06:23:40 PM
 #45

Most of us if not all are still positive that after reaching $8k another level will be reached, small declined will be expected as those who's aiming for short term benefits will also begin to sell out and cash out their profits, but because of uptrend possibilities more investors will buy in and make this bull to be much wider.
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May 15, 2019, 07:48:20 PM
 #46

Haven't you had of McAfee's prediction? That's what next, just because btc has hit the $8000 level don't means it has reached it's final bus stop, as long as there is demand for btc then the journey has no final destination as it is, if this is sign of bull, then btc is just getting started base on the predictions of knowledge of the btc elites, lets look towards a better and richer 2019.

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May 15, 2019, 08:22:32 PM
 #47

Personally, I feel like BTC will be worth around $20,000 by the end of the year because that's wht it got to last time (or almost at least)
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May 15, 2019, 09:46:43 PM
 #48

Sure, the bear market is not absolutely over as we may see a little bit of market correction before we rise up again. This year is good for crypto investments so i have decided to invest into ethereum and ripple and hold till the end of the year before selling it.

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May 15, 2019, 11:44:36 PM
 #49

If you have followed the market especially in the past years then you can say that the happenings are keep on repeating.
This kind of scenario will surely continue until the bitcoin price will hit it's peak and once it hit it's peak.

Then bitcoin will surely start to fall down but we don't know yet if what is the exact price of bitcoin as it's peak. As for me, only big whales knows about it because I am pretty sure that it is their goal. Set a certain amount as peak then sell and they will do this process again and again.

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May 15, 2019, 11:51:34 PM
 #50

I am following bitcoin price ill check it every time for sign of another all time high history this year the latest price update of bitcoin base from cmc 8168.14usd hoping by next month bitcoin price ranging 9k to 10k. Good luck especially to all bitcoin holders.

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May 16, 2019, 12:39:29 AM
 #51

The way I see it, it's going to move up again in a day or two. There are some circulating news about ebay accepting bitcoin and also about bakkt. Maybe we'll see another $1K increase by the end of the week.

I agree with this and according with Microsoft and Amazon: They are building more shops that will actively be using Bitcoin as one of their cryptocurrency payment systems.
Just as they announced the price got a huge bump and we are seeing some reflections on how people and new investors react to such awesome news.
Now that ebay has come to a newer place and has a big community, i am sure more and more investors will start on Bitcoin thus make the price bull run again.

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May 16, 2019, 12:43:16 AM
 #52

Bitcoin have reach $8000 and some other investor's have think that bull market is definitely near. But i think in the $8000 it can continue to increase and also has the ability to go down.
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May 16, 2019, 01:26:13 AM
 #53

The significant increase in the price of bitcoin is a good thing, this is our chance to be able to make such a big profit. this was also followed by a significant increase in ethereum prices so the market was very green. I feel happy and comfortable because the value of my investment has increased. things that have rarely happened in the past 2 years. now everyone wants to invest in digital currency.
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May 16, 2019, 01:55:28 AM
 #54

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.
Market circulates everytime, there is always ups and down but no matter how the market goes, do not get panic and see if you are getting worth for your investment. Market is unpredictable, the increase in price makes people eager to have more and work for bitcoin

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May 16, 2019, 02:31:46 AM
 #55

The way I see it, it's going to move up again in a day or two. There are some circulating news about ebay accepting bitcoin and also about bakkt. Maybe we'll see another $1K increase by the end of the week.

I agree with this and according with Microsoft and Amazon: They are building more shops that will actively be using Bitcoin as one of their cryptocurrency payment systems.
Just as they announced the price got a huge bump and we are seeing some reflections on how people and new investors react to such awesome news.
Now that ebay has come to a newer place and has a big community, i am sure more and more investors will start on Bitcoin thus make the price bull run again.
I think that the good news spreading out has a positive effect on bitcoin's price increasing trend recently. If many shops that will be rising up and promote bitcoin as their new way of transactions on basic services they had, that will be a bigger impact to digital currency economy drive. Price will be stabilized at higher value and bitcoin will not be moving all alone but also for the alt to have sustainable and profitable value in the future. We will not only see $8k to remain to that level, because greater potential of making that price twice or more when bull run strikes.
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May 16, 2019, 05:48:45 AM
 #56

Looks like we have settled around $8000 for now. Both market are now being pump, ETH crosses $200 already so obviously more people are entering the market. So reaching $8000 is already a achievement in itself, who wouldn't have thought that April-May month will be very positive after a long bearish trend? As to what's next, we will have to wait and see, it looks like it settled down this week, speculators are taking profits, so let's wait if you can push the price to $8200-$8400 short term.

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May 16, 2019, 05:50:24 AM
 #57

I hope bitcoin will stable at range $7000 - $8000 before pumped bull run to another resistance, maybe at $10000 zone.
We have All Time High Volume ( about $100Billion ) in a day, but we all know almost exchange have fake volume.
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May 16, 2019, 06:03:35 AM
 #58

Nobody knows. There were people saying BTC will never ever reach $5k again. There were people saying it will go down to $100.

Now the price is rising. How much and how long? Nobody knows. Maybe it could go up to 10k until Wednesday. Maybe it will decrease back to 5k in a few hours.

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May 16, 2019, 06:08:42 AM
 #59

In my own opinion I don't think anyone can foresee the future and relate the next price move of bitcoin or altcoin.
But things are green again I have a feeling we are already I'm the bullish market and hopefully bitcoin can surpass $10k
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May 16, 2019, 06:26:57 AM
 #60

for a while the price of the bitcoin is rising up again from a lower price it comes again with 8000$ don't panic sell your bitcoin keep calm and take the chance the bitcoin will rise again
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