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

[DreamStage]

I do believe it will still grow even further based on such information: https://bitcointalk.org/index.php?topic=5215615.msg53545336#msg53545336

According with previous history we all seen how much price will grow due to miners hard attempts of mining next blocks since there will become even lesser.

It is going to be increased even further due to US <-> Iran recent news as well.

So probabily reaching a new high value since 2019's $13.000 mark.

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[BeManga]

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?

its just good to see that bitcoin price is rising slowly.
but it's reasonable for the price to rise because of the incoming halving.

[Slow death]

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

Two months ago the price was $9300, and looking at the current price of $7900 doesn't seem like a big deal compared to $ 9300 which was the price two months ago.

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

If break the price of $8000 it will probably reach $8500, then we'll see if can stay above $8000 and if it will reach $9000 in the coming weeks. Anyway in the crypto world when the word "halving" is at stake the price starts to go up a lot. So maybe people are buying a lot to anticipate halving

[robelneo]

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?

We go to the next level, people are expecting and hoping for this, it could be a start of the bull run, we can only speculate remember last few months ago we got over the $10000 level and we got back in the $7000 level, the volatility made us not to makes things final, so I would say we have bull rum, for now, let's see in a few weeks, we'll take it one step at a time.

[rdluffy]

Wow, calm down, we are testing this level again since some time ago
I hope this price sustains itself for some time, and them starts to rise slowly and steady, not pump and dumps

[vintages]

The price increase does not necessarily mean a bull run. I don't even think the price will go down quickly for sometime. I feel it will stay up for the month or the next.
Ironic, many where lamenting about the price drop last week or so. Now its up, we are scared again.
Let's just learn to enjoy the money and the offer it brings. If the price goes down, we take it as the market behaviour with less panic, if it doesn't, we will keep hoping for the best.

[Distinctin]

That was a good start and it simply means that the coming days will be possibly more on pumps rather than of dumps.
We step back again to $8k this month, it might be at $9k next month ( and I hope so)...

Have to track this thing and this is only the way to stop those fudders spreading negative thoughts...

[goinmerry]

I agree with others. This run should not be considered as bull run for now.

Why others are excited. If this will trigger the bull run then good. Expecting too much after this small run might again bring disappointment to others if ever their expectations didn't meet. Let see if bitcoin can build support at this level. During the last time, bitcoin price hits $8,000, many think that this level does have a strong resistance but the wall crash here and bitcoin goes down below $7,500.

This is a good sign but please, patience people, patience.

[gabmen]

I agree with others. This run should not be considered as bull run for now.

Why others are excited. If this will trigger the bull run then good. Expecting too much after this small run might again bring disappointment to others if ever their expectations didn't meet. Let see if bitcoin can build support at this level. During the last time, bitcoin price hits $8,000, many think that this level does have a strong resistance but the wall crash here and bitcoin goes down below $7,500.

This is a good sign but please, patience people, patience.

Who would even consider this a bull run though? Yes we did reach 8k levels but it's just a few hundred dollars up which is something that bitcoin's been doing quite regularly. People shouldn't get too excited about this, instead, we should be a little more wary. Nothing's wrong with being critical minded all the time especially when it comes to something that swings as easily as the crypto market.

[dragonvslinux]

These moves seem so unfair to traders & investors alike. If only there was an indicator that simply you to "buy" at the "right" time.
Oh well, maybe next time.

[bitcoindusts]

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?

Road to $10k.  I believe that is the next stop.  There are some prediction that Bitcoin may probably reach $10k in the next weeks.  I once thought that it was a bit impossible because the market that day had a strong signal of BTC price going down but I was wrong, all of a sudden Bitcoin price slowly getting support thus, we reach $8k now.

[ultrloa]

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?

Road to $10k.  I believe that is the next stop.  There are some prediction that Bitcoin may probably reach $10k in the next weeks.  I once thought that it was a bit impossible because the market that day had a strong signal of BTC price going down but I was wrong, all of a sudden Bitcoin price slowly getting support thus, we reach $8k now.

If we break the $9k level mark then might we could see the price come unto that but if certain things will go on sideways well it will be unfortunate since most provably there are many people will get trap since as of now we don't know yet if we are entering on the bullish days or maybe this is just another set up of a bull trap and price might gonna dump in quick blink but let's monitor on how market flows these days.

[exstasie]

I'm looking for resistance in the $8,500-$8,700 area. I'm expecting at least a pause there on the way to $10K, but more likely a significant pullback. Here are some bar patterns and squiggles showing how the price action might look:

[Lucius]

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.

There is no doubt that $ 10k will be reached this year, it is only a matter of time. Miners from China do what they always do, they make a profit and only that matters, and they can push price up only if they stop selling coins, which is not a realistic option because they also have bills that need to be paid regularly. They still get 12.5 BTC per block, and after halving reward will be 6.25 BTC, not 6.75.

Serious investors don't get into something when the price goes up, they know when it's time to invest. After months in which the price has drop several times below $ 7k (close to $ 6k), now we have smart investors who think that this is a good time. In fact, the moment to invest is not a bad one - but there were definitely a lot of better opportunities.

[veleten]

I'm looking for resistance in the $8,500-$8,700 area. I'm expecting at least a pause there on the way to $10K, but more likely a significant pullback. Here are some bar patterns and squiggles showing how the price action might look:

yes, the 7800$ was broken , now we are sitting at 8400$ is and the market can go either way still
but the growth is more plausible and for that the resistance at 8.500$ is the next target
but I'm expecting a correction and the level of 8100-8000 by the weekend , lets see what happens in reality
the bad world news somehow did influence the price it seems and the trading volumes gone up as well as the price
could also be the early halving expectations starting to fuel the trading , hope it is the later - this should be a signal for growth

[barota]

i think prices bitcoin can rise above 9000 usd at latest eaisly . this is the time to buy again for who want invest in bitcoin before halving and for those who sold bitcoin in the bear market like current price before

[dragonvslinux]

I'm looking for resistance in the $8,500-$8,700 area. I'm expecting at least a pause there on the way to $10K, but more likely a significant pullback. Here are some bar patterns and squiggles showing how the price action might look:

I can see this happening, I feel as there's as much a chance of $10K as $5K now which is promising. Weekly still hasn't proved it's bullish (mid-week, ie no confirmation), even if the Daily is looking very bullish right now by nearly all metrics. The bullish Daily conditions will need to overturn the still-bearish Weekly conditions to prove itself in my opinion. While the Monthly has flipped green breaking the 1-9 month correct (after 4 months), there are still too many weeks left to go to consider this as anything but neutral at best (mid-month, no confirmation)

From another perspective, I see current price level as horizontal resistance prior to forming a horizontal channel. Most people are still thinking either $5K or $10K, fewer are considering a continuation of longer-term accumulation by re-testing the 6's again for confirmation of current valuations:

That said, if we close above the 21 Week MA currently priced at $8,518, as well as the bearish channel, and price follows through next week, I'd continue feeling unconditionally bullish, like I was at $7,245:

[styca]

We've been fighting to retain support levels for a few months now; it has been relentless downwards pressure. Certainly the upwards movement is welcome, and it's good that there has been little resistance so far. However I do still think it's far too soon to call a bull. I'd be happy at the moment if we can hold 8000 and turn it into solid support.

[Wexlike]

We've been fighting to retain support levels for a few months now; it has been relentless downwards pressure. Certainly the upwards movement is welcome, and it's good that there has been little resistance so far. However I do still think it's far too soon to call a bull. I'd be happy at the moment if we can hold 8000 and turn it into solid support.

The big thing to watch is the descending channel. If you eventually break out of it with force we're back to the bull. Now it is still a little bit of scalp trading here and there and taking small profits, while the pile of gold is just around the corner.

[TinaK]

No doubt 10k is the next mark we want to touch in the marketplace and normal users and traders please buy the bitcoins now itself.
Because of the value goes down in the market we are not assure to find the same lowest again and when it will return to low again.