Post
Topic
Board Bitcoin Discussion
Re: bitcoin has reached 8000$, then what?
by
kryptqnick
on 15/05/2019, 15:57:14 UTC
now the bitcoin has reached 8000$ and the altcoin is starting to move up. can this survive or there will be another fall. can this be said that the bear market is over?
I think the bear market is over for a month and a half already. However, as much as I enjoy to see the price getting higher, I am more concerned with what's happening than happy. I was pretty sure Bitcoin would get stuck between 6 and 7 thousand something for a while. Instead, it only took a couple of days to reach $8k. This looks way too much like the 2017 case. The fees already jumped, people are trading a lot, the price is moving up too fast. I think that if it doesn't slow down, we might see another long bearish market soon.