[2018-04-24] Bitcoin Price Finally Hits $9,000

Slow death

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Quote from: InvoKing on April 24, 2018, 08:34:18 PM

Now that's what I am talking about

Code:

Now we are waiting for Bitcoin's next all-time high

Will it happens soon? I estimate that in the next 24 hours, we will probably see the 5 digits again. The only thing I am concerned about is stability, the price should sustain in +$10k.

We just need to have patience and wait, I say that because we are adopting and this adoption will raise the price, what we saw last year in my opinion was that many people sold their altcoins to buy bitcoin because of the Future that people were convinced that the price of bitcoin would be more than $ 20,000, just see that the price of altcoins fall every day while bitcoin went up unbelievably... was suspicious, but as I said this is my opinion and I can not prove anything, but whatever else people bought bitcoin and that will make the price increase

InvoKing

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Quote from: 1Referee on April 25, 2018, 05:43:15 AM

I personally consider the $20,000 peak to be nonexistent because of how empty that increase was. In other words, we shouldn't want last year's performance to replicate.

Well, personally the ATH was good and bad for cryptocurrencies in general and Bitcoin particularly. We are having now more people discovering and joining Bitcoin comparing to previous years. In the other hand, some companies postponed the use of bitcoin due to the hype..

Quote from: 1Referee on April 25, 2018, 05:43:15 AM

In that regard, I hope we'll be seeing the market increase gradually, where the main push hopefully comes from LN or other actually bullish developments later on.

Same, it would be better and more stable.

Quote from: 1Referee on April 25, 2018, 05:43:15 AM

People shouldn't let the media and all other nonsense trolls make them believe that Bitcoin is doing bad because it's far away from that stupid $20,000 level. Instead, focus on that what actually indicates growth, the bottoms.

Media has 2 faces so better to keep a look on it from times to times.
I like the way you analyse situations 1Referee

1Referee

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Quote from: peter0425 on April 24, 2018, 11:13:10 PM

But it is still a long way to go to try and test another all-time-high. It will be tough replicating last years performance, but who know's what the future will bring to all of us.

The problem that people don't seem to understand with last year's all time high, is the fact that it was the result of an insane hype momentum that had everything on its side, where right now, we are going up in a much different way. I personally consider the $20,000 peak to be nonexistent because of how empty that increase was. In other words, we shouldn't want last year's performance to replicate.

Exchanges might have taken some steps to upgrade and improve their capacity and trading engines, but it's by far not enough to go through a similar hype momentum. The only thing another bull run will do is point out that Bitcoin and the entire ecosystem isn't ready for that level of usage, yet. In that regard, I hope we'll be seeing the market increase gradually, where the main push hopefully comes from LN or other actually bullish developments later on.

People shouldn't let the media and all other nonsense trolls make them believe that Bitcoin is doing bad because it's far away from that stupid $20,000 level. Instead, focus on that what actually indicates growth, the bottoms.

Harlot

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Quote from: peter0425 on April 24, 2018, 11:13:10 PM

Quote from: InvoKing on April 24, 2018, 08:34:18 PM

Now that's what I am talking about

Code:

Now we are waiting for Bitcoin's next all-time high

Will it happens soon? I estimate that in the next 24 hours, we will probably see the 5 digits again. The only thing I am concerned about is stability, the price should sustain in +$10k.

Can we say that we are out of the woods if we get to $10K?

I don't know if we are going to get to $10K mark at the end of the day. Maybe we can encounter some resistance around $9700. But the market is really on the positive move so if will just be a matter of time before another mental barrier can be overwhelm by the bulls thus inching closer to the most sought $10K again.

Feels good to see bitcoin price touching it again after such a long time of waiting. But it is still a long way to go to try and test another all-time-high. It will be tough replicating last years performance, but who know's what the future will bring to all of us.

Oh it hit more than 9,700$ and now its going into a minor correction but can potentially be a big one when it does not start climbing back up soon. This could be seen as people have started liquidating their long positions and they might think that this is also a good time to short BTC again. I am not optimistic as what other traders are seeing so far, many have seen that by going up 9,450$ we have broken the down trend channel but as of right now we are back at it again.

peter0425

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Quote from: InvoKing on April 24, 2018, 08:34:18 PM

Now that's what I am talking about

Code:

Now we are waiting for Bitcoin's next all-time high

Will it happens soon? I estimate that in the next 24 hours, we will probably see the 5 digits again. The only thing I am concerned about is stability, the price should sustain in +$10k.

Can we say that we are out of the woods if we get to $10K?

I don't know if we are going to get to $10K mark at the end of the day. Maybe we can encounter some resistance around $9700. But the market is really on the positive move so if will just be a matter of time before another mental barrier can be overwhelm by the bulls thus inching closer to the most sought $10K again.

Feels good to see bitcoin price touching it again after such a long time of waiting. But it is still a long way to go to try and test another all-time-high. It will be tough replicating last years performance, but who know's what the future will bring to all of us.

InvoKing

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Now that's what I am talking about

Code:

Now we are waiting for Bitcoin's next all-time high

Will it happens soon? I estimate that in the next 24 hours, we will probably see the 5 digits again. The only thing I am concerned about is stability, the price should sustain in +$10k.

Vladdirescu87

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On Monday, 23 April, Bitcoin finally breached $9,000 and that is boldfacing advocates of the largest cryptocurrency.

This month, Bitcoin has mustered about 30%, putting it on pace for its best April ever since 2013 and that is softening the blow from the more than 50% first-quarter loss that followed 2017's 1,400 percent profit.

John Spallanzani, a portfolio manager at Miller Value Partners in Baltimore said "the Cryptocurrency space is still in its infancy, the weak will be exposed and the strong will prosper."

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/bitcoin-price-finally-hits/

Topic: [2018-04-24] Bitcoin Price Finally Hits $9,000 (Read 104 times)