Quote from: traderethereum on Today at 02:44:10 PM

Quote from: Farma on Today at 03:20:11 AM

Quote from: Oceat on June 28, 2020, 06:41:41 PM

It seems that the price is quite stable in $9k range even if it just touched the $8k level. I think it would continue to be like this for a week then start to touch back the $8k level but of course, there's a factor that would change the outcome such as panic selling or price manipulation. July is coming and I'm sure there is another trend that's going to happen to Bitcoin that time, let's just wait and see.

I have a strong thought that next July, the price of bitcoin will reach $ 10k again. however, at the moment the price of bitcoin is indeed so close to the price of $ 8k, but the price of bitcoin is really struggling to maintain the current price of $ 9k. sooner or later, the price of bitcoin will definitely increase, I believe it.

Hopefully, that can happen in July since we will see the next month soon.
I am sure that if the price can back to $10k, we will back to make a good profit than before, and I think many people will cash out some of their bitcoin after wait for some time.
But until those days, we need to be patient because the price is back to $9k level, so maybe the price will adjust one more time before it will increase higher.
For the long term, I believe bitcoin's price will increase so high, and it will pass more than $10k.

Once again I will say it that there's another factor that would change the outcome so if you ever planning to sell next week be sure it is the right price. Don't let your hopes high if you don't see a sign that it will going to hit $10k next month because that's far from reality yet. We can't tell yet if the price would sore above $10k next month but I do hope it will then expect a price correction after that would tend to drop the price.