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Topic: Bitcoin breached $14k today - page 3. (Read 786 times)

hero member
Activity: 2842
Merit: 772
November 01, 2020, 08:01:48 AM
#31
As the market seems to move above $13500, people are very keen to make the sell order at $14000. Based on the market change more sell orders could've got executed by $14000. Probably the market will once again re-bounce in a short taking the price over $14000. As of now the market seems to fluctuate within specific price point without much of downward deviation which confirm the stable growth above $14000 soon.

This November will be a big test, yes it just briefly touch $14k but there are a lot of sell orders executed at $14k so obviously, it good sold hence the price goes down a bit. But the price seems to be on the up and down after that, so come Monday, we will see if we bull will attempt to get into $14k and then sustain it a bit become the support and mid November or maybe after the election, we will have a clearer picture as what the price movement will be.

If everything favours and the sentiments continue to be bullish this November so I wouldn't be surprised if $15k or $15500 or even $16k will be the price at the end of this pandemic dominant 2020.
full member
Activity: 1470
Merit: 148
November 01, 2020, 07:01:25 AM
#30
That was a good breached at $14k becasue the market need to bounce back for more correction at this junction as we have seen Bitcoin behaves recently. The outbreak of this historical even could be a yardstick for a cater-porting to $15k if resistance is found in this $14k. Hope to see the movement of Bitcoin after this breakout before the end of November, 2020. 
sr. member
Activity: 1666
Merit: 276
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November 01, 2020, 06:21:27 AM
#29
As the market seems to move above $13500, people are very keen to make the sell order at $14000. Based on the market change more sell orders could've got executed by $14000. Probably the market will once again re-bounce in a short taking the price over $14000. As of now the market seems to fluctuate within specific price point without much of downward deviation which confirm the stable growth above $14000 soon.
legendary
Activity: 3010
Merit: 1280
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November 01, 2020, 05:59:46 AM
#28
Looks like bystanders took the chance to sell their BTC when it hits $14k today.  You can see it on the pullback right after BTC hits $14k.  Though I can say that BTC would hover around $13.7k for some time and will eventually break $14k again then push through $14.5k.  If only FOMO triggers once again, we can see BTC crossing $15k  before this end of November.
full member
Activity: 2520
Merit: 214
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November 01, 2020, 04:16:44 AM
#27
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?
it is $14,028 correctly according to CoinMarketCapitalization

https://coinmarketcap.com/currencies/bitcoin/

Is this the start of the New Market Hyping?are we looking for the much awaited Bullrun?

if Does then i'm lucky as keeping all my assets intact and selling nothing for the past Pandemic season.

Though the value is still sitting at 13,700$ now yet good to see that we made another breakthrough .
legendary
Activity: 2968
Merit: 3684
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November 01, 2020, 03:41:01 AM
#26
There was supposed to be a massive wall at 14k, so the pullback was expected -- what I wasn't expecting though was that Bitcoin actually held quite well near 14k, instead of retracing to 13.5 or thereabouts.

Probably will need a couple more pushes at least but I guess a lot of people are happy to see this level after so long.

Trump poll results on Monday is going to head us somewhere strong too.
hero member
Activity: 2912
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October 31, 2020, 11:41:19 PM
#25
It seems, bitcoin price can't still increase after the price down from $14k to $13,800, and the price now still goes down touch $13,600. I only think that the price makes a correction again after touch $14k, and in the next week, the price will start to rise again. But if you look at the chart, the bitcoin price needs more time to break $14k, which can happen this month. There are many predictions on where bitcoin prices will go, but we need to prepare to buy or sell it later based on the current situations, including to be sideways for a while at a price now before the price starts the rallies.
hero member
Activity: 1036
Merit: 514
October 31, 2020, 11:13:03 PM
#24
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?
We are not ready to handle the new $14,000 price range milestones because the Bitcoin transaction network confirmation delay with mempool flooding could be the reason for this current surge in price and we cant know if we are ready until the transaction confirmation delay is under control which will give chance for some arbitrage trader, whales etc to dump/manipulate the market.

That is one of the biggest downsides of bitcoin, too many queues on mempool makes transaction confirmed longer even could take days or pay a higher fee to get it confirmed faster. Currently, the fastest transaction fee is 350 satoshis/byte to get confirmed in less than 20 minutes and you can pay fees of 172 sat/byte to get confirmed within 1 hour.
Nevertheless, bitcoin price manages to reach $14K although it jus a blink of an eye moment, now bitcoin easily maintains the support level at $13,600. Wait for 24 hours, whether bitcoin can hold its position or take a brief dip to $13,200 resistance level.
legendary
Activity: 1848
Merit: 1982
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October 31, 2020, 09:24:03 PM
#23
Of course, it is nice that Bitcoin touches the long-awaited $ 14000 point, but it could not hold out there for long, I think it is too early to talk about new Bitcoin peaks because we need some time to see if Bitcoin will stabilize at this point or not.
I'm sure it won't be long until we see new peaks larger than the ones we saw in the 2017-2018 peaks. This is what everyone has been talking about since the last bitcoin halving several months ago.
hero member
Activity: 2240
Merit: 848
October 31, 2020, 08:12:18 PM
#22
I'm looking for it to push up to $15k and possibly over, before a pullback and a week or so of alt-season before they drop too. Bitcoin corrects to $11,000s in Nov/Dec before more firmly establishing itself in $13k/$14k territory in Jan/Feb.


$20k breached by July.
hero member
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October 31, 2020, 06:12:47 PM
#21
I didn't noticed that it actually broken $14k barrier for a quick time. I've missed witnessing it but we're having a safe haven to $13,800. Although this isn't the support and we have lower than that but this shows that any higher price can be met soon.

Great we are now breaking into $14K mark so are we going to continue on climbing or are we going to go down soon?
Just always be open with the possibility of correction and vice versa.

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?
We have to wait until it retest and stays on $14k for a longer time just like what it did on $11k and $12k. The slower the better.
full member
Activity: 1036
Merit: 109
October 31, 2020, 05:00:03 PM
#20
Looks like it just hit it and pulls back it didn't stay for long at $14K.
Maybe there are plenty of people waiting for it to take their profit but it is still a great news maybe let's give it some time and it would be it's new resistance level.
legendary
Activity: 2506
Merit: 1394
October 31, 2020, 04:53:18 PM
#19
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?
Btc just pull back down to $13,800 as of now, It wouldn't usually stay at the highest point after breaking new resistance level, but If Btc could gradually climb back to that level, there will be a huge chance that Btc would be staying at that range base on the price movement.
Nevertheless, It's good to see Btc continuing to make an upward movements.



For me, it's just a pullback. As you can see in the 1-hour time frame, it is really showing how Bitcoin is rising from time to time, started last October 28 - 29, when the $13,000 is a huge support for the short term on Bitcoin, multiple times we tried to close below $13,000 but look, it's just a wick and Bitcoin is bouncing back after a short period of time.
For me, once we again break and close abov $14,000, an easy $14,500 - $15,000 for Bitcoin.
hero member
Activity: 2716
Merit: 552
October 31, 2020, 04:44:39 PM
#18
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?

Btc just pull back down to $13,800 as of now, It wouldn't usually stay at the highest point after breaking new resistance level, but If Btc could gradually climb back to that level, there will be a huge chance that Btc would be staying at that range base on the price movement.
Nevertheless, It's good to see Btc continuing to make an upward movements.
legendary
Activity: 2576
Merit: 1655
October 31, 2020, 04:43:12 PM
#17
We breached it as far as price is concerned. Regarding market cap, we breached it over a week ago. Graphs look good but I don't know what short-term impact the US elections can have. Anywat, I'm pretty confident that we are in the path to 20k and over.

I have shift stance now, early I thought that US elections will have a negative impact on the price of bitcoin short term. But now I think that any assets specially bitcoin doesn't care who wins on the election itself. We are pretty much in the bull run already, so it doesn't rely on politics or US elections. It will goes as normal, we have seen worst economic uncertainties and so bitcoin price will rise no matter who is the next US sitting President, will Biden or Trump makes any difference? No.

And isn't it a big coincidence that bitcoin rose to $14K during the anniversary of the release of the Whitepaper? Hmm, think again.
hero member
Activity: 2870
Merit: 594
October 31, 2020, 04:17:40 PM
#16
Great we are now breaking into $14K mark so are we going to continue on climbing or are we going to go down soon?
Yes, we haven't seen $14k for a while, so this is good news for everyone.

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?
I'm sorry but it didn't stay in the $14k range, that's too much psychological barrier for traders, maybe some of them have a exit plan of selling at that price, hence it goes down to $13,700-$13,800. But we are still good though, just needed more time to stabilize and then maintain $14k and then looking at $15k in December.
hero member
Activity: 2590
Merit: 644
October 31, 2020, 03:41:59 PM
#15
We breached it as far as price is concerned. Regarding market cap, we breached it over a week ago. Graphs look good but I don't know what short-term impact the US elections can have. Anywat, I'm pretty confident that we are in the path to 20k and over.

Bitcoin never was of the path to $20k. Question was only when will get there. I believe many are way to optimistic right now. Since it is November again that two times brought us peaks. Bitcoin will struggle to go above 20k same as it struggle to get above $1200. And even to $20k there will be a lot of resistance. One is here at $14k.
^ I am claiming myself that I am also very optimistic when it comes to the price of bitcoin prediction.
That is really great that we are at $14k as of the moment and it is fine to be consistent on that rate for a while but we cannot still guarantee what will happen next. Though we can enjoy this price as of now however we need not be complacent because it may also dump once whales make their move to manipulate it again and can have a huge impact on the price. But of course the same as with the others it only shows that bitcoin is doing well because it consistently increases its price and I think it will not be impossible that soon we will also reach $15k.
legendary
Activity: 2730
Merit: 1288
October 31, 2020, 01:24:01 PM
#14
We breached it as far as price is concerned. Regarding market cap, we breached it over a week ago. Graphs look good but I don't know what short-term impact the US elections can have. Anywat, I'm pretty confident that we are in the path to 20k and over.

Bitcoin never was off the path to $20k. Question was only when will get there. I believe many are way to optimistic right now. Since it is November again that two times brought us peaks. Bitcoin will struggle to go above 20k same as it struggle to get above $1200. And even to $20k there will be a lot of resistance. One is here at $14k.
legendary
Activity: 1596
Merit: 1034
October 31, 2020, 01:11:34 PM
#13
It's definitely creeping upwards, after the Paypal announcement I think a lot of asset managers are starting to take it a lot more seriously and consider it to be a viable currency. Once that happens the sky is the limit when it comes to pricing, it could easily double from the current valuation as different companies seek to get a stash of bitcoin to diversify - the only thing that will hold it back are rising transaction fees driven by lots of retail buyers. I wonder how long it will take until we see the $15k barrier reached.
There a lot more individual and group of financial institution to go into bitcoin coming very soon and boom to reach $50000 looks like not a dream anymore.
It has been 2 years since 2018 the price reached back to $14000 this is insane after we have been through down to $4000 in march, and now we are in strong bullish signal .
This is not a temporary hype. This is a real organic movement.
How confident are you guys riding this moment?
hero member
Activity: 1834
Merit: 566
October 31, 2020, 12:01:22 PM
#12
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?
We are not ready to handle the new $14,000 price range milestones because the Bitcoin transaction network confirmation delay with mempool flooding could be the reason for this current surge in price and we cant know if we are ready until the transaction confirmation delay is under control which will give chance for some arbitrage trader, whales etc to dump/manipulate the market.
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