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

[Shinpako09]

Let's see if there will be a strong support at $8k like the one we have at $7k. We can't say it this time because it's not tested yet. The real reason why we had an increase is still unknown, it could be the war or the upcoming halving and it's already causing FOMO. If ever we touched $10k before halving no matter what the reason is. It's a good sign. For now, let's wait and see if $8k floor is sustainable in the following weeks. It's possible the price will move up again by next month if ever the price sustain the $8k this month.

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[crossabdd]

optimistic that bitcoin will reach $ 10k at the end of this month. a small decrease is only a correction to make a higher increase. in my opinion bitcoin has made a new pattern, and left the bearish market. be prepared to welcome new hikes.

[Questat]

optimistic that bitcoin will reach $ 10k at the end of this month. a small decrease is only a correction to make a higher increase. in my opinion bitcoin has made a new pattern, and left the bearish market. be prepared to welcome new hikes.

If that would really happen then we should rejoice, but IMO, it will not reach that high because bitcoin after a pump in the past few days, it's now back to below $8,000 and the price could continue to fall down again, it's very unpredictable but it seems like we've seen this before already.

[alisonwonder]

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.

Not great for bitcoin prices? and its your expectations? means you expect bitcoin price to fall? it's been almost 4 months bitcoin price is under 10k, is that enough time to bearish? but in the early months of 2020 bitcoin price is showing a positive move, is now the time to bullish?

[aioc]

optimistic that bitcoin will reach $ 10k at the end of this month. a small decrease is only a correction to make a higher increase. in my opinion bitcoin has made a new pattern, and left the bearish market. be prepared to welcome new hikes.

I'm also optimistic and at the same realistic, that we will reach $10000 or even more, but I can still accept the fact that the price can still fall down, and we will have to wait a few more weeks or months before we can have high hopes that we are indeed in the bull run, have already waited two years so why a few months more.

[AbuBhakar]

optimistic that bitcoin will reach $ 10k at the end of this month. a small decrease is only a correction to make a higher increase. in my opinion bitcoin has made a new pattern, and left the bearish market. be prepared to welcome new hikes.

It have chance to reach this amount, as the tension of war is circulating some investors putting their money in bitcoin and it may resolve to increase in price of bitcoin. It may not that too fast to consider bull as only few resort to store their assets in bitcoin, some were in gold.

[luckyflop]

optimistic that bitcoin will reach $ 10k at the end of this month. a small decrease is only a correction to make a higher increase. in my opinion bitcoin has made a new pattern, and left the bearish market. be prepared to welcome new hikes.

Your thinking is exactly the same as mine, after we see a strong growth of bitcoin from $ 6400 to $ 8500, it's time for the market to adjust to create a higher price. We have been in the bull market since the beginning of 2019 so the price of bitcoin will always increase, I also believe that this month bitcoin will reach $ 10,000.

[oktana]

the evaluation will remain below 8000, the closing weekend is always the determinant of where the price will go.

I think if Trump can again increase the value of the USD after this quite tense week, then the BTC will still be affected, at least there are still gaps that make speculators follow developments that are not only based on charts.

[Triffin]

optimistic that bitcoin will reach $ 10k at the end of this month. a small decrease is only a correction to make a higher increase. in my opinion bitcoin has made a new pattern, and left the bearish market. be prepared to welcome new hikes.

It have chance to reach this amount, as the tension of war is circulating some investors putting their money in bitcoin and it may resolve to increase in price of bitcoin. It may not that too fast to consider bull as only few resort to store their assets in bitcoin, some were in gold.

This is not good choice to invest your money in gold because gold is not gold investment and its much better to invest your money in bitcoin its safe investment. There are no chances for war yet but the reason for high bitcoin investment is increasing price of bitcoin as price right now is $8k and after some time it will be more than double so keep waiting.

[whyrqa]

the evaluation will remain below 8000, the closing weekend is always the determinant of where the price will go.

I think if Trump can again increase the value of the USD after this quite tense week, then the BTC will still be affected, at least there are still gaps that make speculators follow developments that are not only based on charts.

If we talk about the ability of the government to print certain amounts of money, then of course in this regard, cryptocurrency is of great importance to society, but until that time, while cryptocurrency is used legally in everyday life, a lot of time will pass.  And today we are witnessing a very vivid resistance of states to the recognition of cryptocurrencies regarding its value.  One way or another, all this negatively affects the cryptocurrency market, which is still in a fever from the actions of speculators.

[Questat]

I'm glad to see $8000 per bitcoin again and maybe that's the indication of running the horse, but it's not really clear if that's it. All we need to do right now is to keep and buy a bitcoin and sell it to our friend so that they can also invest and help raise the bitcoin price. 

There's no need to do that, we are just not investing in that sense, we can tell them to buy in an exchange and hold like what we do.

That's the right thing to do.

I really hope and want to hit the value of $10,000 for bitcoin this week,

It's possible but not likely to happen, so just stay conservative with it so you won't get disappointed.
At first I thought the pump will continue but here we are now, back to a familiar situation, bitcoin is down and we don't know if it will bounce back soon.

[Zemomtum]

The current moves are not dar from the airstrike attack by the USA on the Iran general. People and just trying to keep their capital somewhere since they don't know what will happen next. Immediately trump remark yesterday about the retaliative attack, BTC begin to dump almost immediately as it has no threat as most people expected

[smyslov]

The current moves are not dar from the airstrike attack by the USA on the Iran general. People and just trying to keep their capital somewhere since they don't know what will happen next. Immediately trump remark yesterday about the retaliative attack, BTC begin to dump almost immediately as it has no threat as most people expected

It could have been different if Trump retaliates with those missile attacks but he choose not, so it's going to cool down for now, but people now know and think that Bitcoin is really a good alternative if such a scenario occurs in their own region, so expect a pump if we see similar incidents like this happen?

[matchi2011]

The current moves are not dar from the airstrike attack by the USA on the Iran general. People and just trying to keep their capital somewhere since they don't know what will happen next. Immediately trump remark yesterday about the retaliative attack, BTC begin to dump almost immediately as it has no threat as most people expected

The market is full speculations better to study more and not just to jump into quick conclusions. It's safer for your investment if you'll going to
work much closer into any possibilities and not just to relied with other's speculations and the current market movement as it can be fake and
artificially done by big whales around.

[wildan88]

The current moves are not dar from the airstrike attack by the USA on the Iran general. People and just trying to keep their capital somewhere since they don't know what will happen next. Immediately trump remark yesterday about the retaliative attack, BTC begin to dump almost immediately as it has no threat as most people expected

It could have been different if Trump retaliates with those missile attacks but he choose not, so it's going to cool down for now, but people now know and think that Bitcoin is really a good alternative if such a scenario occurs in their own region, so expect a pump if we see similar incidents like this happen?

so the increase some time ago was just a FUD and indeed it seems that there will be no war as I read today "Trump says he is ready for peace" it means there will be no more turmoil. appears simultaneously after trump says that, bitcoin price down to 7800 which was previously at 8000.

[freedomgo]

so the increase some time ago was just a FUD and indeed it seems that there will be no war as I read today "Trump says he is ready for peace" it means there will be no more turmoil. appears simultaneously after trump says that, bitcoin price down to 7800 which was previously at 8000.

probably, you know that hype could easy happen here so we saw some little FOMO but now it's gone.
So what would people like, to see the war continue so bitcoin price will continue to rise? I think that would not happen.

[piebeyb]

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?

almost touching $ 8500 the highest of the past few days has already shown everyone that bitcoin always has surprises, there are still other surprises coming in the next few weeks and everyone is waiting for it to take over $ 9,000 soon, it looks like we are seeing trading volume going up assuring us that more and more many new people come to bring their money into the market, there is only a slight decline at this time before exceeding the other highest prices, bitcoin halving will soon be, maybe that's what they have in mind where prices can just go back to previous history, see other surprises in the week next

[plvbob0070]

After seeing bitcoin touching 8000$ in the last few days, the current price right now is around 7700$ and, I thought the slowly rising price of bitcoin will be the great preparation for upcoming bull run but it was not. Besides, some people here think that bitcoin will also hit 9000$ and even me I believe on that but what I see right is simple pump and dump on market. And, again let's if the price of bitcoin will stay at the price of 7700$.

[wildan88]

so the increase some time ago was just a FUD and indeed it seems that there will be no war as I read today "Trump says he is ready for peace" it means there will be no more turmoil. appears simultaneously after trump says that, bitcoin price down to 7800 which was previously at 8000.

probably, you know that hype could easy happen here so we saw some little FOMO but now it's gone.
So what would people like, to see the war continue so bitcoin price will continue to rise? I think that would not happen.

maybe some people think like that, but I do not want to take the opportunity this way. bitcoin can increase without a world war.
as I said maybe for now the price will back down to 7500 because the support at 7800 has broken.

[styca]

so the increase some time ago was just a FUD and indeed it seems that there will be no war as I read today "Trump says he is ready for peace" it means there will be no more turmoil. appears simultaneously after trump says that, bitcoin price down to 7800 which was previously at 8000.

probably, you know that hype could easy happen here so we saw some little FOMO but now it's gone.
So what would people like, to see the war continue so bitcoin price will continue to rise? I think that would not happen.

maybe some people think like that, but I do not want to take the opportunity this way. bitcoin can increase without a world war.
as I said maybe for now the price will back down to 7500 because the support at 7800 has broken.

But for me it is encouraging that we are now starting to see Bitcoin price rise in response to world events. It strengthens the case for Bitcoin as a store of value.