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Author Topic: Bitcoin unable to breach the $8000 milestone  (Read 11268 times)
rdluffy
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June 13, 2019, 01:43:40 PM
 #101

I really thought that 8k would be easy to reach and only when hits 10k we would have some difficulty to maintain, but 8k is here to stay  Grin

But I keep my plan, I just bought some Litecoin planning to have some gain in BTC

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buwaytress
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June 13, 2019, 03:53:04 PM
 #102

See guys? OP especially. We're back where we were (and a little higher) just shy of 30 days from your post.

Not quite sure where the alts are moving now though, they're definitely not all at the same spot from a month ago. As usual, Bitcoin dictates where the rest of crypto goes.

Going to be interesting to see the next few months when more bad news comes for economies everywhere.

Of course, this isn't anywhere a guarantee that we'll move on. For all we know this is just the start of a multi-year "narrow" range between 3k and 10k haha!

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leowonderful
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June 13, 2019, 04:26:39 PM
 #103

Litecoin's been performing very well recently not only against USD but also on the LTC/BTC pair. From what I can see on Bitcoinwisdom.io, the pair peaked at 0.01776 on Binance yesterday with the movement largely starting on the 5th of June from 0.013BTC. Seems like BTC is somewhat slowly following LTC up, though LTC's since declined a bit from the peak at Binance. Looking good for Bitcoin so far as we're right up against $8200 and buying pressure should take us right over and beyond soon. Still bullish for the short term and long term as well.
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June 13, 2019, 04:46:34 PM
 #104

Litecoin's been performing very well recently not only against USD but also on the LTC/BTC pair. From what I can see on Bitcoinwisdom.io, the pair peaked at 0.01776 on Binance yesterday with the movement largely starting on the 5th of June from 0.013BTC. Seems like BTC is somewhat slowly following LTC up, though LTC's since declined a bit from the peak at Binance. Looking good for Bitcoin so far as we're right up against $8200 and buying pressure should take us right over and beyond soon. Still bullish for the short term and long term as well.

Litecoin has been leading this rally, as counter-intuitive as it seems. This is the halving pump; rewards are set to decrease in early August. It looks like we'll keep pumping into the halving event, then probably dump, based on history. I imagine Bitcoin will keep getting dragged higher. I think $10K-11K and $12K-13K are the interesting zones to watch for reversal.

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