Post
Topic
Board Speculation
Re: Will bitcoin stay above 6k $
by
Kemarit
on 05/07/2018, 11:10:32 UTC
Keep wondering  if bitcoin will stay above above 6k,whats your opinion?
probably yes because it's been how many days  and until now the growth rate is still keep holding on this stage and it's showed already a little bit progress which perhaps a sign it will increase more soon instead of decreasing .

Yeah, this thread was opened when bitcoin price fluctuating between $5800-$6000 so I wouldn't be surprised about the earlier replies saying that it might not stay because of the selling pressure. However, since the start of the week, bitcoin seems to be rallying and even touches $6700 on some exchanges so I guess the sentiments has made a U-turn and we might see the price attempting to go $7000 if the consolidation is strong. So I will say that resistance $6000 or below is strong and hope that this sort of rally will be a good indication and motivation for more investors to come in at this point and set the bar at $7000 and then let's see how it goes.