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Topic: Bitcoin breached $14k today (Read 795 times)

legendary
Activity: 2562
Merit: 1978
Leading Crypto Sports Betting & Casino Platform
November 05, 2020, 05:30:48 PM
#71
Do I understand correctly that election mess is leading to a bitcoin rally? It turns out that if the courts begin (as it was already in 2000) and the announcement of the results is delayed, then bitcoin will have time to grow much stronger? On the other hand, if everything is settled quickly, will it lead to a quick correction?
member
Activity: 339
Merit: 15
November 05, 2020, 06:57:15 AM
#70
Bitcoin started pumping again and is swiftly on the way to $15k.

I just woke up, turned on the market index and Bitcoin was raging

hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
November 04, 2020, 03:58:03 AM
#69
Just a few hours ago, Bitcoin breached the long awaited $14k checkpoint.



Long did the analysts and evangelists preached about this milestone.
$14 000 is finally upon us. Are we ready to handle it? Is Bitcoin primed to unleash its might upon us?
Sad that i am not aware that moment because if does?i surely sold all my Bitcoin for now because i will be expecting a downfall first before another Bull comes as what the trend always do,correction will follow in every Pump.

Though maybe it is destined that i need not to see that because it might happen the other way around that price will never fell down until the Pump happens this or next year.
Sometimes our instincts help us through or let us fall what ever happen we must be ready at all cost.
But glad that Until now the price stays at $13,500 and up bringing more positive trust for all waiting .
member
Activity: 339
Merit: 15
November 04, 2020, 02:41:00 AM
#68
Bitcoin's price resistance has been seen in the last few weeks, hopefully, soon we'll be past $ 15k (before the end of 2020)..

snip..
But different from Coinmarketcap in which $13,894 is the Highest price in 24 hours

https://coinmarketcap.com/currencies/bitcoin/
Binance and Coinmarketcap have different price reports even though they are still in the same group of companies (Binance Holdings Limited) CMC mostly display charts based on reports from various other major exchanges..

Yes, that is true. I used Binance for reference since they are the top exchange according to trading volume.
CMC takes prices from various exchanges and displays the average.
full member
Activity: 1414
Merit: 228
Omicron is another FUD
November 04, 2020, 01:05:43 AM
#67
Bitcoin's price resistance has been seen in the last few weeks, hopefully, soon we'll be past $ 15k (before the end of 2020)..

snip..
But different from Coinmarketcap in which $13,894 is the Highest price in 24 hours

https://coinmarketcap.com/currencies/bitcoin/
Binance and Coinmarketcap have different price reports even though they are still in the same group of companies (Binance Holdings Limited) CMC mostly display charts based on reports from various other major exchanges..
sr. member
Activity: 2842
Merit: 326
Vave.com - Crypto Casino
November 04, 2020, 12:44:46 AM
#66
Great we are now breaking into $14K mark so are we going to continue on climbing or are we going to go down soon?
Do you think that it would stay at $14K or would it be just the same as it did on $13K it would climb up faster?

It's a test and once support follows this hypes for sure we will see more and it serves a good spark for this asset.

A very nice weekends for traders after breaking this point, showing that there are more interest flowing around and if another pumped happened it can start the spark bringing the value to a much higher position.
We can though expect some downfall as how things are experiencing currently, the value is now below $14k again but still close $13,852
can go up again any time.

Well if I remembered correctly we just reach out $13K not so long ago and now we already touch $14K but it is now around $13,852 as you said so it is still near the $14K mark.
It feels like we area really near on having another ATH but I think it is still too early to talk about it even though the price keeps increasing rapidly.
All the major resistances $12K and  $13K were easily broken thanks to the high volatility in the price of Bitcoin this might partly be connected to US election in fact majority of forex, indices and stock markets experience similar volatility yesterday. Furthermore price did not experience any pull back when it approached the $13K resistances unlike the previous ones before hitting $14K, I believed the price is experiencing a minor pull back it wouldn't take long before the break of $14 will come into reality..
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
November 03, 2020, 11:18:32 PM
#65
The bitcoin price is back to increase after it is down, and that is a good sign for us to place your bitcoin to sell at the price you want. I think the price will be back to $14k again this week, and I hope that the price can still increase and break $15k or more this month so that we can make a profit again from bitcoin. Although the bitcoin price will be volatile, it will be good for us to use that to buy low and sell high. I am sure that we will see that opportunity will come to us to buy low and sell high. We need to watch the price movements, and maybe we can set the alarm that will help us identify the time to buy and sell bitcoin.
full member
Activity: 2590
Merit: 228
November 03, 2020, 09:52:20 PM
#64
Just a few hours ago, Bitcoin breached the long awaited $14k checkpoint.



Long did the analysts and evangelists preached about this milestone.
$14 000 is finally upon us. Are we ready to handle it? Is Bitcoin primed to unleash its might upon us?
But it is much better if the price at least stays day or 2 in that position but its not,instead just few minutes after the Breaching,the value Fell from that to almost below 13,000$

But this is a good indication that we can breach out That level so we are waiting to break the 15,000 and then 16 and so on until we met $20,000 again and climb more as the next Bullrun is much awaited to happen next year.
Aaaaand we're back to $14 000, as seen on Binance


But different from Coinmarketcap in which $13,894 is the Highest price in 24 hours

https://coinmarketcap.com/currencies/bitcoin/
member
Activity: 339
Merit: 15
November 03, 2020, 07:09:27 PM
#63
Aaaaand we're back to $14 000, as seen on Binance

hero member
Activity: 3024
Merit: 629
November 03, 2020, 05:13:12 PM
#62
It was a moment but soon the price pulled back under 14000$. It's not the first time that Bitcoin is struggling to keep certain value and keep going up. To my opinion it's hard to tell what happens next and I think that both scenarios are possible, for price to cross 14000$ and to fall, even to 11000$ or lower.
Its just shows that bitcoin's movement is not easy to predict.
We already touch the $14k value but now return to over $13k again.
I'd like to think that its because of some investors taking profit.
Thats why the price is not moving up consistently.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
November 03, 2020, 04:25:23 PM
#61
It was a moment but soon the price pulled back under 14000$. It's not the first time that Bitcoin is struggling to keep certain value and keep going up. To my opinion it's hard to tell what happens next and I think that both scenarios are possible, for price to cross 14000$ and to fall, even to 11000$ or lower.
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
November 03, 2020, 02:35:43 PM
#60
It is a movement that is being prepared, perhaps, we can see it today or tomorrow with the incidents of the elections in the USA, whoever wins may help give a good pump to the price of Bitcoin, depending on how it looks, the volume is very good to buy. The whales have already tried that level of Offer, it was not so bad for them, I think everything is ready to enter the $ 14K.
hero member
Activity: 2730
Merit: 632
November 03, 2020, 01:49:11 PM
#59
Just because it didn't break over and became stable over 14k doesn't change the fact that it did reached over 14k for a while, that is the fact and even though it wasn't there for a long period and only like half an hour, it did reached over it anyway.

What we need to realize is the fact that reaching 14k is not just a price but also a symbolism, ever since the 2017 peak times of 20k, we dropped lower and lower, whenever we tried to go over high prices we never broke over 14k ever again, this was the first time in 3 years that we managed to go over 14k after we went under it, which is a symbol that bitcoin is no longer in the bear/stable period and it is on the bull period and any price is possible. If 14k was possible and we went over, that means 15k could be possible and no reason not to be, same for 16k and all the way to 20k.
Reaching 10k is already half-way to its ath which on that level alone then we can say that Bitcoin isnt already into its bear state.We are slowly climbing up to the top.
We do have the same words and inputs everytime we do reach out even 1k thresold. We have said this when price hits up 12 and 13k where we do hope that it do breaks
and now we are now above 13k then its normal for us to hope for 14k and so forth with 15k onwards. Lets not be on a hurry because we would eventually go there
and best thing to be done now is to accumulate as much as you can but if you are an active trader or investor then this wont really be an issue for you.
hero member
Activity: 2688
Merit: 588
November 03, 2020, 12:58:04 PM
#58
Just because it didn't break over and became stable over 14k doesn't change the fact that it did reached over 14k for a while, that is the fact and even though it wasn't there for a long period and only like half an hour, it did reached over it anyway.

What we need to realize is the fact that reaching 14k is not just a price but also a symbolism, ever since the 2017 peak times of 20k, we dropped lower and lower, whenever we tried to go over high prices we never broke over 14k ever again, this was the first time in 3 years that we managed to go over 14k after we went under it, which is a symbol that bitcoin is no longer in the bear/stable period and it is on the bull period and any price is possible. If 14k was possible and we went over, that means 15k could be possible and no reason not to be, same for 16k and all the way to 20k.
sr. member
Activity: 1344
Merit: 270
November 03, 2020, 06:54:53 AM
#57
When bitcoin breached higher price absolutely have moment for bitcoin back down and correct with my ideas after bitcoin last day success break above $14k now w got bitcoin back down although with little correction, be quit when getting bitcoin have reach higher price better waiting when bitcoin correction going down to buy. Now hold your money and waiting until election day from United State announcement who the winner between Joe Bidden and Donald Trump, if try to buy now have risk what happen in United  State always give impact for bitcoin, example when Donald Trump announce get positive covid 19 bitcoin have back to lower price and we lost much money in bitcoin or altcoin after going down.
hero member
Activity: 2814
Merit: 553
November 03, 2020, 06:26:00 AM
#56
I'm a little bit in this post but as you can see today it didn't breach in $14k but for what I've seen and on my own hopes I can see that the Bitcoin's price
will reach $14k and might stay at that point until the end of the year 2020 but still there's a lot of things that may happen in the next few week.

ya.ya.yo!

It did actually breached the $14k mark on October 31 to be specific. Btc has tallied the highest range during that day. Though it has been followed by an immediate pull back (which kinda normal), but anytime this month Btc will gradually crawl back to $14k and might be staying at that region till the year ends. Or If there's another positive news in crypto space, Btc might go beyond $15,000.

Hopefully, 2021 will be a very bullish year just like everyone is speculating.
hero member
Activity: 2520
Merit: 783
November 03, 2020, 06:23:49 AM
#55
Basically it seems like a very easy trade to short the top of June 2019 at $13.8K and most likely what will happen is we will head higher. Make go all the way to $15K before dropping or it might not drop at all.

There are very many people who are calling this the top and it shows on the futures markets. Basically tons of people went short on the initial break of $13.8K and there was a sell off but the selling was overcome by very strong buying. And yet we are still trending higher and higher so I don't think this is the local top.

Maybe if we get a double top again and it fails to break $14K one more time then maybe the bears will have a chance but right now there is just way too much steam to stop this rally.
I think a small drop will occur after hitting $15000. Without an adjustment, bitcoin cant go higher. IMO, we are going to create ATH every month and that is good news. People who short bitcoin right now only trade bitcoin in a short period of time while many bitcoins have been accumulated for several months since 2019.


Why it can't go higher? We still have good things to look for and I believe even if the market is slowly dumping for sure many traders are looking for good position to enter the market. Although we cannot deny that many people will short Bitcoin due to the current movement but still the hype is strong which can also make people decide to hold.
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
November 03, 2020, 06:06:38 AM
#54
Basically it seems like a very easy trade to short the top of June 2019 at $13.8K and most likely what will happen is we will head higher. Make go all the way to $15K before dropping or it might not drop at all.

There are very many people who are calling this the top and it shows on the futures markets. Basically tons of people went short on the initial break of $13.8K and there was a sell off but the selling was overcome by very strong buying. And yet we are still trending higher and higher so I don't think this is the local top.

Maybe if we get a double top again and it fails to break $14K one more time then maybe the bears will have a chance but right now there is just way too much steam to stop this rally.
I think a small drop will occur after hitting $15000. Without an adjustment, bitcoin cant go higher. IMO, we are going to create ATH every month and that is good news. People who short bitcoin right now only trade bitcoin in a short period of time while many bitcoins have been accumulated for several months since 2019.

Double top cant stops the momentum. The trend is your friend. Dont forget that. Bullish can be seen over many speculations and indicators
hero member
Activity: 2758
Merit: 675
I don't request loans~
November 03, 2020, 06:05:44 AM
#53
It was only a matter of time tbh. The peak almost every week increases bit by bit after all, and the corrections that happened didn't really bring the price down below the support levels, which really helped in retaining the price of Bitcoin at good levels.

The price itself proved it.

The price reached $14K and now it slipped back to $13.4K right now. That just means that we can't actually stay in there meaning we still can't take it. I don't know when will it happen again but I guess we will be sticking for some weeks to $13K before we can actually go higher than  $14K.
Just the usual growth. Heck, I'd rather have this than a sudden increase due to hype or whatever influence, at the very least, this kind of growth guarantees a healthy market for Bitcoin, one that could last for a very long time. Compared to the bubble back then to 2017, this is a much more preferable state.

sr. member
Activity: 1463
Merit: 265
Pepemo.vip
November 03, 2020, 05:46:35 AM
#52
The price itself proved it.

The price reached $14K and now it slipped back to $13.4K right now. That just means that we can't actually stay in there meaning we still can't take it. I don't know when will it happen again but I guess we will be sticking for some weeks to $13K before we can actually go higher than  $14K.

After all, the price is not rising steadily. The change in Bitcoin's rate is very dynamic. The $14k level is a very difficult barrier, but we can see that the trend is strongly upward. I don't think we'll stay in the $13k - $14k range for more than two weeks. I think Bitcoin will be attacking the $15k level at the end of November. Of course, it might get longer, but I think it will accelerate any day and I strongly believe that we will see panic buy and new ATH in December.
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