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Author Topic: Bitcoin reached 8000 - and what next?  (Read 1069 times)
BeManga
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May 17, 2019, 10:26:49 AM
 #41

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?
I agree it might drop a little, but still rise in the next few weeks or months it just hard to predict when it will happen





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May 17, 2019, 01:05:26 PM
 #42

Wait for the dip first then another run. The greater the pull back the greater the rally. I think it will touch the 6k range then rally again up to 12k.

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May 17, 2019, 01:07:19 PM
 #43

Crash is the next thing that happens 😂 .
But we mihht gain from this crash who knows maybe after this the bull would once again lift the market up.
So don't lose hope and keep on trading .

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May 17, 2019, 01:59:38 PM
 #44

Maybe it would drop a bit because some investors before $8000 wanting a secured profit. If we are going to refer at the last bull run there's a point which is exactly like this where in it would drop before a large bull pump but we are hoping that it would happen soon and let's invest as much as we can today.

We can't really predict the market so it's a 50/50 chance for us.
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May 17, 2019, 02:12:23 PM
 #45

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?

Damn that little bit, made a huge crash, was hoping to convert my bitcoin to fiat money, but now have to wait for a few more days and hope it will climb again, what bad timing for a dump like this, just when you think you are ready to make a profit and cashout.

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May 17, 2019, 03:02:28 PM
 #46

It will goes down. It sad to say but I think it is a bull trap. Maybe, we need some good news in order for the price to move up or to be stable at 8k marked. I hope that bitcoin will not decline since it is the basis of a bull run market. Hopefully, this is just a correction.

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May 17, 2019, 03:38:40 PM
 #47

It will goes down. It sad to say but I think it is a bull trap. Maybe, we need some good news in order for the price to move up or to be stable at 8k marked. I hope that bitcoin will not decline since it is the basis of a bull run market. Hopefully, this is just a correction.

Easy to say when it just corrected. It's like walking in the rain and telling everyone you knew that it was going to be pouring.
Let's go with the facts. We are in a reversed market. We were in bear for 16 months and now we're back in bull and bull won't switch like that back into bear. There are months of bull market before us! There will be corrections, it can even go flat for a month or two, but one thing is certain. In bull market there are no lower lows, so worst case scenario we'll go back to 6k and launch again from there, although I expect 10k by the end of the year and nothing below 5k for years.

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May 18, 2019, 12:50:48 PM
 #48

It will goes down. It sad to say but I think it is a bull trap. Maybe, we need some good news in order for the price to move up or to be stable at 8k marked. I hope that bitcoin will not decline since it is the basis of a bull run market. Hopefully, this is just a correction.

Easy to say when it just corrected. It's like walking in the rain and telling everyone you knew that it was going to be pouring.
Let's go with the facts. We are in a reversed market. We were in bear for 16 months and now we're back in bull and bull won't switch like that back into bear. There are months of bull market before us! There will be corrections, it can even go flat for a month or two, but one thing is certain. In bull market there are no lower lows, so worst case scenario we'll go back to 6k and launch again from there, although I expect 10k by the end of the year and nothing below 5k for years.
There is no such thing an an absolute. We cannot assure any price in bitcoin since it is the most volatile coin in the market. Imagine, the recent upward trend seems suspicious because it was like as what happen last year when bitcoin hitted 8k marked then declined to 3k dollars until now. Maybe, this is a bull market but we should not be happy because bear season is always waiting for crypto. I am not pessimist regarding to the price. In fact, I am happy that I joined the ride. Just emphasizing my other views about bull market. Happy trading!

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May 18, 2019, 01:11:19 PM
 #49

The next is it will go down for re-accumulation. After the re-accumulation is finished, probably that would be the next bull run we will get out of bitcoin. And probably this is a sign that the bear market is saying goodbye to us.

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May 18, 2019, 04:17:12 PM
 #50

I think it will be a good opportunity for holders to get profits from bitcoin, bitcoin will move to higher prices and will soon reach 10k and will be even higher.

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May 18, 2019, 04:22:34 PM
 #51

So, we've finally reached $8.000. What will be next?

Back to $7000.  Tongue
Wait for the dip first then another run. The greater the pull back the greater the rally. I think it will touch the 6k range then rally again up to 12k.
This is what usually has happened in the past and then it rallys back to where it was when the dip first started. Unless there is some bad news in the forecast then it will fail to do so. Embarrassed
It is possible for it to double from 6k to 12k but it would take some more acceptance from the corporate entities for make this rally past the ath to be remotely possible.

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May 18, 2019, 05:23:08 PM
 #52

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!

It's at $7,000 now but I would just hold on since we are nowhere close to the ATH. The price will go up eventually. It will also go down at some point so just be sure to buy in at a good price point. I wouldn't get too impatient with Bitcoin since it is so volatile. Just buy it up at the dips.
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May 18, 2019, 05:36:45 PM
 #53

There has been a decrease in Bitcoin price and it has gone back to the level of 7200 dollars. But it started to rise again and it shows us that there can be seen a new record earlier than we imagine. I think Bitcoin's next step is 10k.

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May 18, 2019, 05:57:10 PM
 #54

As for me, I'm just waiting for it to reach $20k by the end of the year as it did last bull run. It isn't bad to aim for the best value but it might disappoint us in the end. I would stick on what it has reached already. The movement of Bitcoin is giving everyone a hope to gain a good profit.

Possbile? I saw the news but missed the bus. Decided to join now if its still not too late.
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May 18, 2019, 06:08:28 PM
 #55

There has been a decrease in Bitcoin price and it has gone back to the level of 7200 dollars. But it started to rise again and it shows us that there can be seen a new record earlier than we imagine. I think Bitcoin's next step is 10k.
Well the bitcoin market is always volatile and at that we can not just predict what will happen next but we are positive that we will still have a major increase in the price of bitcoin any time from now because the market is very promising now.
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May 18, 2019, 06:12:23 PM
 #56

Crash is the next thing that happens 😂 .
But we mihht gain from this crash who knows maybe after this the bull would once again lift the market up.
So don't lose hope and keep on trading .
this has happened to Bitcoin many times, when the price rose high then it crashed, the peak was a year ago where Bitcoin that was worth $ 20k in a few months later fell to only $ 4k. and the Bull that is currently happening I don't know what Bitcoin will arrive at what price, now we must use it very well because Bull is very rare and occurs briefly.



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May 18, 2019, 06:45:21 PM
 #57

I believe $20k by December 2019 and more than $50k by 2020.

I believe in long term investment.

Steve

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May 18, 2019, 06:51:49 PM
 #58

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.

Bitcoin reached 8000$ very fast and therefore a big correction was expected. It moved backed to 6300# in few exchanges and instantly bounced back to 7000$. Will it sustain the 7000$ price ? This will be clear in one or two days.



I believe $20k by December 2019 and more than $50k by 2020.

I believe in long term investment.

Steve

Anything is possible and bitcoin can reach even 50K in much earlier as we are anticipating.

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May 18, 2019, 07:40:16 PM
 #59

Currently the price of bitcoin is declining at $ 7300, but I think it's only a moment and there will be a pump back. I am optimistic that with the growth of the cryptocurrency market that continues to improve, bitcoin will reach around $ 10,000. At least I will continue to wait until the beginning of Q4. If we look at this month, bitcoin has experienced rapid and extraordinary growth.

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May 18, 2019, 08:39:16 PM
 #60

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?
This is what we are seeing. The price of bitcoin fell to about $ 7,000, but soon we again expect its further growth. Now there is the usual correction of his course, which is evidence of its readiness to continue its price growth. Despite the optimism that many have about the growth of the cryptocurrency market, I do not think that this year we will again expect about our own growth, as it was in 2017. I think that by the end of the year Bitcoin will reach prices at the level of 12 000 - 14 000 dollars.
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