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Bitcoin Price Is to Climb over $6,000 Wall – Where’s the Ceiling for BTC Growth?
Bitcoin didn’t accentuate bearish price predictions and continues reaching new heights, breaking the $5,600 target. What’s next? Read Bitcoin price predictions from Twitter to find out how much BTC will grow in the nearest days and weeks.
Good news has sparked hope in the crypto community:
$BTC
— KARVITK (@karvitk) April 24, 2019
Bitcoin just crossed over the 5600 level: pic.twitter.com/txmiiIuH90
Traders are on the bright side
Now, Bitcoin supporters see no reason why it shouldn’t reach the $6,000 level:
#Bitcoin
If we hold this level. I see no reason why we dont go for 6k$BTC $ETH #crypto pic.twitter.com/DPh2lsd0Rt— thechosencoin (@thechosencoin) April 24, 2019
Indeed, when it comes to cryptocurrency, things can change in the blink of an eye, so if BTC suddenly strikes and hits $6,000 in a day, no one will be surprised.
Remember in November when $BTC went from $5600 to $3500 in one week? Never under estimate how quickly things can change. #Crypto #Bitcoin pic.twitter.com/h042XMM9E5
— TopCoiner (@TopCoiner) April 24, 2019
Some traders are even more optimistic:
#bitcoin looking more and more bullish on the daily. $BTC headed for $7K sooner than later... pic.twitter.com/tBuTle1TdP
— Redbeard's Delight (@Crypto_Maester) April 24, 2019
Despite all unknown unknowns that might happen to BTC, traders are very bullish about it:
I'm bullish on #BITCOIN since around the end of march..
— TheNextBigPlan (@TheNextBigPlan) April 24, 2019
Higher targets havent been met yet! Will they?
At huge resistance, I wouldnt be surprised with a big green dildo, fueled by shorts staking in.. but, I wouldnt also be surprised by the opposite, since we are above 50 weekly! pic.twitter.com/R3PUIrwQ41
#BTC looks very good, I see no reason here to be with bears. 5350 - 5500 was a heavy resistance and #BTC just went through it. Can it be a bull trap? It can be but given the volume, I stay with Bulls. See the chart below. #bitcoin pic.twitter.com/V55Ytcbojx
— TAcademy - Trade Different (@KiaCrypto) April 23, 2019
Correction is unavoidable?
Of course, some traders don’t rush events – they believe that Bitcoin is to undergo a recession before hitting major price targets.
#BTC/USD ASIA ?#Bitcoin's last 4-hr candle dip tested prior resistances converted as support with initial asc triangle rejected on April 11.
— CoinDesk Markets (@CoinDeskMarkets) April 24, 2019
Likely to see a retest of $5,490, very bullish if it holds above.
$200+ breakout from recent asc triangle.$BTC pic.twitter.com/N0zb932RX1
#BTC/USD Update I ⏰#bitcoin pulling back from local wick resistance at ~ $5,615 @coinbase
— CoinDesk Markets (@CoinDeskMarkets) April 24, 2019
Bulls want more volume before the 4hr close.
RSI: Overbought (not shown)$BTC pic.twitter.com/js2UapFFZZ
Alex DovbnyaA lot depends on Bitcoin’s ability to break the patterns and overcome the next resistance zones. It seems to be more possible now.
This is very interesting point for #Bitcoin - will 2015 fractals repeat or will we defy those bears and pump over $6,000 ? pic.twitter.com/OlkORNdqlj
— CryptoManiac101 (NOT GIVING AWAY CRYPTO) (@_Crypto_Maniac_) April 24, 2019
When BTC reaches $6,000, it will face the sell wall. Will it get over it?
#bitcoin is currently at $5600. There are tons of buyers at $5300. About a $8.6 million buy wall. If it can dip down to $5,300, it may have enough juice to go past $6K, where there is a $8.6 million sell wall. pic.twitter.com/9Tx7efKDta
— Johnny (@DR6am) April 24, 2019
After having overcome the $5,500 resistance, Bitcoin promises to break new levels and touch $6,000 pretty quickly. There’s no reason to wait for bearish trends – a minor correction is the only thing that threatens BTC.
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
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