Now that we touched $8,000, what's next?

[Fatunad]

I think this is the beginning of the bull run that we are all waiting for. It may look like a slow rise of btc but this is gonna keep on increasing over the time until the end of halving or next year. There is a huge possibility that btc will hit another all time high again this year.

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[d3nz]

The price could go much higher and maybe by the month of March the price could be at $15,000 it will be just depend on the whales and investor if they will not take the bait of FUDs since it is spreading like a fire once they created a fake nees on crypto community.

And we all know that a lot known person already predicted the price of bitcoin this year 2020 so we might expect an increase of market flow and hopefully it happens.

[NeuroticFish]

It has a good chance to defend the 8000... for now. But there's less than 3 weeks until the Chinese New Year, so I don't expect the euphoria last too long.

Are you sure Chinese New Year will have an effect? I think it will be the same as Christmas. there is no significant effect. but if this time continues to break above 10k it does not mean the influence of the Chinese new year, maybe the effect before halving will have a FOMO.

I am not sure of what the future holds, obviously.
But from what I remember from other years the periods before Chinese New Year and US tax day are not great for Bitcoin price, so .. those are my expectations.

[HardFacts]

The next Bitcoin price may very well be 6000.00 USD

It is amazing how people continue to believe these crazy predictions of Bitcoin price DOUBLING in a month or two.   How many times will people here fall for the same so obviously wrong predictions ?

Fool me once, shame on you.   Fool me twice, same on me 🙈🙈🙈🙈


There are some smart people here that I respect, even though they may disagree with me on where bitcoin price is going.  But I have zero respect for the utterly stupid cult like believers that use nothing but the emotion of GREED to embrace anything that agrees with what they WANT to believe, and ignore reality.  There are the type of fools that no one should ever listen to or take advice from.

Hard Facts

[Bonenx14]

The price could go much higher and maybe by the month of March the price could be at $15,000 it will be just depend on the whales and investor if they will not take the bait of FUDs since it is spreading like a fire once they created a fake nees on crypto community.

And we all know that a lot known person already predicted the price of bitcoin this year 2020 so we might expect an increase of market flow and hopefully it happens.

the potential for bitcoin price movements this year is quite a lot of good speculation, because most research talks that bitcoin can return to a bullish trend again after passing halving. plus the price of bitcoin has now gone up even though in a small percentage, I hope this year will benefit many people.

[Dabs]

What's next is to go up. Going back down a few hundreds wouldn't make much of a difference but probably give an opportunity for others to buy more of the dip. How much more up or down is anyone's guess.

[Edraket31]

The price could go much higher and maybe by the month of March the price could be at $15,000 it will be just depend on the whales and investor if they will not take the bait of FUDs since it is spreading like a fire once they created a fake nees on crypto community.

And we all know that a lot known person already predicted the price of bitcoin this year 2020 so we might expect an increase of market flow and hopefully it happens.

the potential for bitcoin price movements this year is quite a lot of good speculation, because most research talks that bitcoin can return to a bullish trend again after passing halving. plus the price of bitcoin has now gone up even though in a small percentage, I hope this year will benefit many people.

If we will notice usually every first month of every year the demand for Bitcoin is increasing rapidly, there's a lot of buyer during January as people are starting to accumulate again, but let's still keep closer what will be happen next in the coming days if it will continue to rise and stabilize or the whale are just playing the market again.

[Cnut237]

I think we can only really get some serious perspective by looking at long-term price charts on a log scale.

Linear is no good, it just reduces old price movements to an inconsequential smear. For Bitcoin on a linear scale, anything before early 2017 seems irrelevant... but it's really not. We need to see these earlier movements to get a fuller appreciation of how bitcoin price behaves.

On a log scale ('all time' on CMC, from 2013 to now), the cycle of bulls and bears resolves into a general upwards movement. I don't know about anyone else, but to me the historical pattern seems quite clear, and shows that $8k is not a huge deal. The upwards movement of recent days is of course encouraging, but in a wider context it means little. If in the short-term we drop to $5-6k or rise to $10k, it's not a big deal, the trend remains upwards.

[Youghoor]

Bitcoin is having a small run, we just touched at $8000 as per Binance record, its 24 hours high is $8000.

https://www.binance.com/en/trade/BTC_USDT

What do you guys think that will happen next? is this the bull run we are long waiting?

The usual things/routine, people making predictions of the next bull run and creating threads like this. This is not the first time the market value of price hit $8k and its not gonna be the last time there will be an increase in its value. You as an investor or a daily trader just need to know and understand the patterns at which the market value of bitcoin changes.

[johnwest]

Holding above 8000$ is harder than what we think. Especially when the Chinese New Year is near and it will be a dip again. My best bet would be staying above 7800$ which was a resistance previously. We may see a good support accumulating at 7600$ mark and need to stay above that in order to get slingshot in future.

[Pinkris128]

In my owm opinion, maybe bitcoin will just stay to $8000+ for a month just like what happened when it's priced reach to $7000. Maybe it will take a little longer for bitcoin to reach it's price to $10,000 again because there are still no any signs for bitcoin to make a sudden improvement. We just need to believe in bitcoin.

[russel123456]

I must sure that it will hit at 20K this year. You should hold it..🙋🙋

[finaleshot2016]

This is another opportunity for us to buy bitcoin now because halving is near.

The probability of hitting $10,000 is very high and probable once the incentive for bitcoin halving has been granted. Bitcoin miners from China keep pushing through since 6.75 BTC is already a huge reward and more investors are trying to keep phase with Bitcoin now.

This is our chance to get a profit on bitcoin, let's invest now.

Bitcoin is having a small run, we just touched at $8000 as per Binance record, its 24 hours high is $8000.

https://www.binance.com/en/trade/BTC_USDT

What do you guys think that will happen next? is this the bull run we are long waiting?

The usual things/routine, people making predictions of the next bull run and creating threads like this. This is not the first time the market value of price hit $8k and its not gonna be the last time there will be an increase in its value. You as an investor or a daily trader just need to know and understand the patterns at which the market value of bitcoin changes.

The OP might be true, they aren't creating predictions, most of the people knew that the rise of BTC price will place in 2020. I think it's not 8k$ only but bigger on that, let's hope for a better price for bitcoin this year.

[bitcoinsocial09]

Bitcoin is having a small run, we just touched at $8000 as per Binance record, its 24 hours high is $8000.

https://www.binance.com/en/trade/BTC_USDT

What do you guys think that will happen next? is this the bull run we are long waiting?

I think this is a good sign that bitcoin is slowly recovering from the dump last year relaying in the bitcoin news we could easily see a lot of legalization of bitcoin in a lot of countries all over the world.
Surely this is an effect the market price in influencing a big community or a country so I think bitcoin could recover and make the bitcoin market price increase as the community also becomes bigger.

[BuNga_cute]

Finally bitcoin can return to the price of $ 8000, after several failed attempts. But it is still too early to conclude that this is
bull run. It could be this is only market manipulation by whales, we really need to be vigilant. We still have to monitor, we
continue to be sure that what is happening today on bitcoin is really bull run. Hopefully if true bull run, meaning I'm more
confident after halving later the price will rise.

[Question123]

Im happy to see again $8000 per bitcoin and maybe this is the sign of the bull run but it's no really sure if this is really it. All we must to do right now hold and buy a bitcoin and promote this to our friend so they invest too that help to booze the price of the bitcoin.  This week I really hope and want to rwach bitcoin the value of $10,000 and I think we can do that if most of the trader hold their bitcoin.  The price of this coin right now is depends to us if we want bull run we need to cooperate but sadly not most of the trader do that because other people want bitcoin to down or to dump.

[btccashacc]

So what's next? Buying as much as you can before the price goes up, I personally hold bitcoin for a long term, so I'm not gonna sell them before or after the halving, just wanna see how the market responds after this third halving. I believe it will follow the trend of the previous halving. People mentioned above that it might hit $ 10.000 USD again, yeah seems like we're gonna see the $ 10k this year.

[asus09]

After bitcoin touch $8000 next time you will see bitcoin raise above $10k before January, before late bitcoin raise above $10k you must invest with bitcoin and keep holding just one month later to get double profit with your bitcoin investment. Many good event for bitcoin in two months later and have chance to get profit with bitcoin by raising up to higher price.

[coinycoiny]

Since the last high of $13700 was only 6 months ago I think this is a short term blip before we go back on the long term decline to the next bottom of between 1 and 2 thou.

Don't be left holding the tulips boys.

[Palider]

After bitcoin touch $8000 next time you will see bitcoin raise above $10k before January, before late bitcoin raise above $10k you must invest with bitcoin and keep holding just one month later to get double profit with your bitcoin investment. Many good event for bitcoin in two months later and have chance to get profit with bitcoin by raising up to higher price.

I think bitcoin bull run will not start now,  Because many whales are preparing for massive fuds that forcing people to sell thier bitcoin so that whales will have opportunity to buy cheap bitcoin price.  Maybe bitcoin bull run will start in 3rd Quarter of this year and i think price of bitcoin will not reach $ 20,000 again.  Because many investors will secure thier profit when they see price increase again.