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Author Topic: Bitcoin reached 8000 - and what next?  (Read 1069 times)
CoinCodex
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May 16, 2019, 02:12:58 PM
 #21

After breaking the $8k resistance level, Bitcoin is losing ground. Will the price pullback, or is this just a short correction?

https://coincodex.com/article/3622/bitcoin-price-analysis-btc-losing-ground-in-short-term-pullback/
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May 16, 2019, 02:14:14 PM
 #22

Prices have dropped a little and will then rise to a value of 10K, well this month BTC has gone through a very positive increase so it can be ascertained and I hope that next year BTC will definitely be above 30K.

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May 16, 2019, 03:07:24 PM
 #23

May be $10k then $15k or $20k. I would not surprise if it cross $30k too.
Or may be $3k again?

It does not matter what the price is if you are a long hodler.

HODL!
Yes the current price wouldn't matter if you don't have any plan on selling it,
But for most of us the price matters because we couldn't just hold it since we also need money to spend ,
Not all of us could afford to hold it because we have bills to pay mouth to feed.

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klaaas
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May 16, 2019, 05:06:07 PM
 #24

This can spike higher since people are tend to hold longer and fear less about the price bumps.  If the positive vibe keeps growing we are heading to exciting times.

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Adriano2010
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May 16, 2019, 05:49:41 PM
 #25

Now either will go much more up or will stay at this level, and have some drops, but if the people will start to sell then there can follow some drops, i think we can have much higher price but this will take some time.
bustedsynx
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May 16, 2019, 05:52:41 PM
 #26

Bitcoin will probably stay in range for a brief time and then start attacking the $10,000 price resistance. Now, that's a strong resistance block. I'm sure the bulls will get rejected and crash back to $7,000 levels  or a bit lower.


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May 16, 2019, 05:54:39 PM
 #27

Yes, the growth of course was very fast. I thought that we would reach $ 8,000 somewhere by the beginning of autumn, but I could not even imagine that this would happen in May. Crypto-market never ceases to amaze. The main thing is that growth should be more harmonious and after such rapid growth the events of 2017-2018 will not happen again and the market will not collapse to the bottom again. I would very much like the market to be more stable and predictable. Then the big investors will get big money on the market.

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Vaculin
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May 16, 2019, 11:55:05 PM
 #28

Bitcoin will probably stay in range for a brief time and then start attacking the $10,000 price resistance. Now, that's a strong resistance block. I'm sure the bulls will get rejected and crash back to $7,000 levels  or a bit lower.
I still think the positive way around. Bitcoin might pause for a while but it will still make a good price increase after that. $10k is already a high price but if the market stays in a positive state, then bitcoin price will still rise up until it reaches $15k to $20k at the end of this year. So let's keep on holding to it.
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May 17, 2019, 02:10:31 AM
 #29

Bull run is the highest possibility that the bitcoin market will going to take place. But still we should.not expect for the bull run because there are things like surprises could happen. Just take example on the year 2017 where bull run does happen over a short period of time like months in that the same year.

Another surprise that happen was on last year 2018 where most of the users had expected for a bull run but it did not happen instead it is the opposite of bull run which is the bear market for bitcoin.
Genemind
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May 17, 2019, 02:12:33 AM
 #30

Maybe it could reach higher. Who knows? We might be on the bull run season.
Let's expect the best value since Bitcoin has a very strong capability to do that. We have experience a long trail of bear market last year so things maybe better this year.
khimer_rangers
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May 17, 2019, 03:47:36 AM
 #31

good growth before half-year, bitcoin reaches $ 8000, maybe it can be higher or it can go back to $ 5000 no one knows but we hope that the value will be higher but I think touching $ 10,000 will be difficult in the near future but at least 2019 may be better than in 2018.

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May 17, 2019, 04:02:56 AM
 #32

If you are already in profit then take it because it will consolidate and go down maybe $6.5k - $7k before it will go up again slowly. I think there are strong fundamentals backing up bitcoin for now and that will drive bitcoin price to get higher in the upcoming months and years.

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May 17, 2019, 04:14:59 AM
 #33

The market can move in any direction. Today it has experienced a big crash in the value compared to the past few days where the price used to move between $8100 and $7800. All the way from some large volume trade it has reached a low bottom and now with good resistance moving back. This time after crossing $8000 we can expect the price rally keep going to break new barriers.

MMS2017
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May 17, 2019, 04:43:27 AM
 #34

With bitcoin price rise the marketers become more active in trading bitcoin and now a days the big achievement is the demand for other crypto. While in many countries bitcoin is banned but still the market is rising and this bull is normal and good for the crypto users. Bitcoin is famous because of its use and trade everywhere.

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leea-1334
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May 17, 2019, 04:45:43 AM
 #35

May be $10k then $15k or $20k. I would not surprise if it cross $30k too.
Or may be $3k again?

It does not matter what the price is if you are a long hodler.

HODL!

Exactly,,, it does not matter 10k or 3k when you are a hodler,,, you have 1 target in mind or 1 date in mind and until that is not yet reached, you will keep accumulating and hodling. Looks like we are sliding again for a while. Get ready for a traceback and pullback. This is not over yet, we may see more 5k price first before 50k! Bitcoin,,, remember?

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May 17, 2019, 06:18:35 AM
 #36

May be $10k then $15k or $20k. I would not surprise if it cross $30k too.
Or may be $3k again?

It does not matter what the price is if you are a long hodler.

HODL!

Exactly,,, it does not matter 10k or 3k when you are a hodler,,, you have 1 target in mind or 1 date in mind and until that is not yet reached, you will keep accumulating and hodling. Looks like we are sliding again for a while. Get ready for a traceback and pullback. This is not over yet, we may see more 5k price first before 50k! Bitcoin,,, remember?
There's a certain need to keep your focus targeting your goals, some back slide is hitting the market back to below $8K and resistance is not holding
so it's now in the hands of believers and supporters to keep the assets on hold or make some move to recreate their portfolios.

Needs to have a good speculations on your own to decide properly while inside the market.
Nadziratel
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May 17, 2019, 06:23:15 AM
 #37

So, we've finally reached $8.000. What will be next? I read an article on BlockChain24.co where they've analyze Bitcoin's chart. And I agree that price should drop a little bit, but I believe overall it will be still growing. What do you think?

And next, correction has done. Bitcoin RSI is already touched top point and it needed to corrections. Now, we are about to 7300$. I think Ethereum may rise this time, then Bitcoin will start again.

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May 17, 2019, 06:28:21 AM
 #38

After breaking the $8k resistance level, Bitcoin is losing ground. Will the price pullback, or is this just a short correction?

https://coincodex.com/article/3622/bitcoin-price-analysis-btc-losing-ground-in-short-term-pullback/

Basically one could say Bitcoin price is pulling back for another rise as it has been fond of doing it. Actually the pullback will not last longer before another reinforcement for s stronger surge, although as at today the price still stay around $7,~~~ which still give a good signal for Bitcoin holders.   

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Iykecollinz
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May 17, 2019, 10:05:09 AM
 #39

It is a good sign that the bull is back again and will make everyone yield to its demand, I really wish it continues, though there are certain periods of dumps and price retracements but generally this is a pointer that we are off the bear season whatever happens from here should be headings to the top but it will never come too fast

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May 17, 2019, 10:14:15 AM
 #40

So, we've finally reached $8.000. What will be next? I read an article on BlockChain24.co where they've analyze Bitcoin's chart. And I agree that price should drop a little bit, but I believe overall it will be still growing. What do you think?
Even though there has been a decline of a few percent, I think the price of Bitcoin is still strong because it currently has a good market position. These weeks have been proof that the position of Bitcoin has gained good trust from the public. Now we all have to maintain this situation, increase the use of Bitcoin transactions so that the Bitcoin position will get better. Bitcoin prices will even exceed 8000USD when we continue to provide positive sentiment.
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