Post
Topic
Board Economics
Re: Bitcoin is heading back to $6k
by
sana54210
on 25/04/2019, 13:31:25 UTC
the current market is undergoing a trial of recovering 6000 $ and re test and re-test this can be proven that bitcoin dominates 54% which indicates that transactions with bitcoin are starting to increase and people are doing alt / btc pairs where people are all average holding bitcoin rather than altcoin hope the market can be like the previous year where the price is very good and stable so people are also increasingly interested in playing Crypto later
The price for Bitcoin is currently below $5500 again and that's lower than what it was yesterday. That's how it used to be, moves a bit up, and before the next day it goes back a bit and then starts to go up to another high. The market cap  for Bitcoin is $97.11 billion which is a dominance of 54.7%, that's really getting big like every month. Just few days and the month will be over and we will be in May, it seems like the price might reach $6000 before the month end.

Even before now I have been seeing a lot of predictions earlier this month that Bitcoin was bottoming and would head back up to $6000. I think that’s what happening this time, so before the end of this month or next month the price is likely to reach that rate of $6000. It has been following a very similar pattern to its old patterns, so that’s likely to mean that a Bull run is coming. Anyone who hasn’t invested in the market till now is really wasting their time and losing this opportunity. Just what I think.