Re: Bitcoin unable to breach the $8000 milestone

We have been at around $8000 for two days already with minimal fluctuations. We have flatlined at that number.
The price of $8000 seems to be a huge barrier for Bitcoin.
What is going on? Should we expect Bitcoin to go above 8K and land on the Moon, or is there going to be a very serious and devastating dip down to $4000?
Discuss.

I don't think there is a high wall at the price of $8k, even yesterday the price had exceeded $8,000. but it fell again due to market play. I have no doubt believing that in the near term prices will definitely break $8000, I'm very confident about the current price movements. of course there will be a decrease several times, but it fall won't be too deep, maybe just a few percent, price wont down to $4000 again.

The price is making a good rally again and could touch $8k soon. I agree that we can go and breach $8k soon. We will re-test it and see if we can sustain because the last attempt was a failure that's why the price currently goes down that fast. So hopeful when we breach it again, the price will still move north and test $8.2-$8.4.

Right now the price is at exactly $8,032.91 USD it is too early to say that we can reach a higher growth from this or another dip, But I guess there will be some resistance from $8200 mark and $8400 mark but I guess it is good for now, aside from the many hacks that had to happen the price is still strong and continues to prove us the trend of the bull market is really happening.

I believed the resistance at $8K++ is very strong to break hence responsible for the pullback I don't think the price will retrace to $4K as speculated by OP the influx of more investors will thus push the price invaraibly break that strong resistance for how long? is a question that is not answerable now of course price will rally again despite all the recent bad news of hacked exchanges.