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Author Topic: bitcoin has reached 8000$, then what?  (Read 11586 times)
jak3
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May 17, 2019, 04:39:17 PM
 #101

I do not think Bitcoin is going to go any more bear after this as we already know Bitcoin as a lot of wounds to heal before facing the next crisis. Let's hope Bitcoin does go up again. Maybe I am wrong and maybe e there a lot to explore in the market which is not informed to us but I do not see anything which is going to Trigger more rise.
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May 17, 2019, 05:14:33 PM
 #102

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?

maybe the increase in bitcoin is not just at $ 8000 but may still be in a position of significant increase. so I think this might reach $ 10000 or more. we are just waiting for the right moment and quickly achieving the cycle of increasing the price

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May 17, 2019, 05:18:45 PM
 #103

Bitcoin does have criteria that are unpredictable and can change rapidly when going down or up. but this time after a long period of unmoving period a few months ago. after bitcoin has broken through to $ 4K, until now it continues to move up, even though the movement is always followed by a decline as well.
this year is the year where bitcoin will move well and will even match like 2017.
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May 17, 2019, 05:49:53 PM
 #104

Bitcoin does have criteria that are unpredictable and can change rapidly when going down or up. but this time after a long period of unmoving period a few months ago. after bitcoin has broken through to $ 4K, until now it continues to move up, even though the movement is always followed by a decline as well.
this year is the year where bitcoin will move well and will even match like 2017.
I think, it's not that easy. bitcoin will never be like in 2017 again. even though it will rise later, there will be a decline afterwards. btc will not be able to survive above forever. if you don't believe, you can see now. when everyone thinks it will continue to rise, suddenly the price drops.

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May 17, 2019, 05:51:13 PM
 #105

And it dropped down by 10%, I mean that's pretty normal that people will sell few or even all of their assets because they were worrying that it could be just a bubble or something or they just want to playing safe. Let's just hope it will back to $8k someday.

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arpon11
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May 17, 2019, 06:06:29 PM
 #106

And it dropped down by 10%, I mean that's pretty normal that people will sell few or even all of their assets because they were worrying that it could be just a bubble or something or they just want to playing safe. Let's just hope it will back to $8k someday.
I see many posts on both here and facebook on how bitcoin is going down but some of us that has been in this market for long really understand what is happening. There is no sound reason why bitcoin is falling currently and that means traders are currently taking the advantage of the current gained to take profits.  The wise and skillful traders are trying to find the bottom now and buying for the next stage of bull run.  I am happy that some of us here are learning fast about the up and down of the cryptocurrencies assets pricing.
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May 17, 2019, 06:17:12 PM
 #107

Yes, Btc has reached $ 8000 and then it started to pull back again. Ups and downs are very normal in crypto industry. Apparently this was not the bullrun that we were waiting.
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May 17, 2019, 06:49:33 PM
 #108

I do not think Bitcoin is going to go any more bear after this as we already know Bitcoin as a lot of wounds to heal before facing the next crisis. Let's hope Bitcoin does go up again. Maybe I am wrong and maybe e there a lot to explore in the market which is not informed to us but I do not see anything which is going to Trigger more rise.

When it comes to cryptocurrency, we all know that nothing can be said surely and previously, but we still never give up on making prediction even how the market's movement. Generally, the increase of bitcoin in this year,2019, has shown us a better mood than it did in 2018. The sign of bulling market is predicted to be more dominant than the bear one. However, due to its highly volatile, we cannot know exactly what it will be. Today bitcoin has immediately decrease had made many people get surprise as i see. Anyways, i think it's just a normal thing in market, it will soon have recovery.
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May 17, 2019, 07:31:20 PM
 #109

Now bitcoin has fallen in price to $ 7,000 and this can be considered quite normal for him. It can not grow for a long time in price without adjusting its course in price. Therefore, his behavior is quite normal. It would be the opposite, it would be bad if bitcoin grew in price for a long time without correction, it would indicate the possibility of its price fall and a long period of stagnation. After such a correction, it is most likely that he will continue his price increase.
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May 17, 2019, 08:13:19 PM
 #110

Then we watch. It didn't stayed at 8k for long so either it'll hover around the 7k mark or it could plunge if people panic enough. We can't really tell.
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May 17, 2019, 10:26:14 PM
 #111

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?


We already had the answer after what happened two days ago, and it proves again the volatility of the market, even if we are in the middle of the rally, but like in the past, history will always repeat itself and we are now back on track but it's another slow climb again

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May 17, 2019, 10:49:51 PM
 #112

I do not think Bitcoin is going to go any more bear after this as we already know Bitcoin as a lot of wounds to heal before facing the next crisis. Let's hope Bitcoin does go up again. Maybe I am wrong and maybe e there a lot to explore in the market which is not informed to us but I do not see anything which is going to Trigger more rise.
So, with no trigger to increase you think bitcoin will no longer have the ability to increase higher? Bitcoin has been around so far and there has been a lot of growth and development happening in this industry, even though there are no triggers you mean, I'm sure bitcoin has the potential to continue to grow with the many adjustments that will occur for the payment system in this case. Bitcoin has indeed reached $8k and the value can still be higher and the correction that occurs is a common fluctuation.

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May 17, 2019, 10:51:52 PM
 #113

Well, I think that after all these years involved in the crypto market, we should already be used to the continuous pumps and dumps that characterize it, so we should not be too disappointed by this small correction, because bitcoin is not behaving in a way out of its normality, although it is evident that many newbies and naives still believe that the way to the moon should be traveled in a straight line and without frights.

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May 17, 2019, 11:03:28 PM
 #114

Well according to some predictor they said that it will have a little dump then it will continue to move up. And I think it's true because we know how volatile is the market. Hopefully the price in the market will continue to go up and I know there's a lot of people believe that the price in the market will go higher this year.

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May 17, 2019, 11:12:37 PM
Last edit: May 18, 2019, 02:28:23 AM by rdbase
 #115

Then we watch. It didn't stayed at 8k for long so either it'll hover around the 7k mark or it could plunge if people panic enough. We can't really tell.
This is how the market of bitcoin moves by ever which way the winds blows. Unfortunately. Undecided

Well according to some predictor they said that it will have a little dump then it will continue to move up. And I think it's true because we know how volatile is the market. Hopefully the price in the market will continue to go up and I know there's a lot of people believe that the price in the market will go higher this year.
We shouldnt of thought there wouldnt be a correction with the constant increase in price for the past couple of days from $6000 to over $8000 so it is common knowledge it would do this but the question was just when it would and by how much.
Yes it will continue to go up because there is only good news in the forecast with everything from the etf approval coming https://bitcoinist.com/bitcoin-etf-sec-keynote-approve-rumors to fidelity allowing bitcoin to be used on their platform for trading later on this year.

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May 18, 2019, 12:23:10 AM
 #116

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?

The market has improved in terms of prices of most of the valuable coins yet it is not confirmed a bull market. Bitcoin has set the pace straight and now most of the altcoins are moving along with it. There is more probability that this upward movement will trigger the initiation of the bull run. I don't see another fall any time soon.

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May 18, 2019, 02:36:41 AM
 #117

The strength of btc has a lot to contribute to the crypto technology in terms of price to every alts because the dump of the king "btc" is the dump of every other coins and as it move the whole market will change in USD price while the btc value to alts will dump which has a very good indicator for it to be king .

We are getting closer to the bull market as this retrace will make it go beyond the $8000 and before the end of the year we shall all be happy and know bear to be a thing of bye.
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May 18, 2019, 06:59:18 AM
 #118

The LEO token (from Bitfinex) will be listed on Monday and I'll be very curious about its market performance. Bitfinex is currently dealing with a $850 million shortfall in the funds, and my honest opinion is that they are only a few steps away from declaring bankruptcy. But it looks like none of the users here are taking this issue seriously. In case their token get listed successfully, then it will just confirm what I said.

Is there anything wrong with my analysis? Why people continue to trust Bitfinex despite all this BS? Is there a valid reason?

In case Bitfinex closes down, the Bitcoin prices will crash, right?

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May 19, 2019, 02:28:37 AM
 #119

Yes bitcoin price has reached $ 8000 This is almost the year after we can see. But the next price is likely to get $10,000. However, many investors will try to double the profit. Because 2018 has brought them down a lot.
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May 19, 2019, 02:58:47 AM
 #120

Yes bitcoin price has reached $ 8000 This is almost the year after we can see. But the next price is likely to get $10,000. However, many investors will try to double the profit. Because 2018 has brought them down a lot.
I dont think bitcoin will go $10000 to fast. Atleast until in the end of this year. Look like the trend are still strong but yet it still struggle to going up i see.
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