Post
Topic
Board Speculation
Re: Bitcoin Could Hit The $6,000 Benchmark Soon
by
coinplus
on 08/05/2019, 08:37:45 UTC
We are not that far away from 6 thousand dollars so this is not really a news worthy thing. Of course we will hit 6 thousand dollars soon, the market clearly shows that the bulls are back and we have been trying to test over 6 thousand dollars for a week now (even two weeks if you consider last weeks rally too) and we have been making the support line higher and higher which means after we test to break the 6 thousand dollars we do not go back down too much, we go back down a bit which makes it easier to test 6 thousand once again and we repeat that constantly.

Eventually we will be right at 6 thousand dollars testing to break it and it will break since there is no way it can stand for too long. What happens afterwards will be the important part, if it goes back down then that is an issue but if not then we are looking really good for even higher prices.