Topic: Bitcoin broke $13k today - page 3. (Read 1073 times)
That's quite an achievement since the last bull run but there is going to be a correction and the best we can hope is it get a resistance on 12K so that it would build up for the next one. The bitcoin's price is surely going to hit a new ATH but I think it would be on this or subsequent year as the economy is on the bad side and as soon as the pandemic is over, a lot of capital would be needed to bring back the market as previous.
I won't be surprised if Bitcoin ends up somewhere around $30,000-$50,000 per coin by the end of this year. Acceptance by PayPal is the biggest news for Bitcoin adoption during the past one decade or so. If you check the posts from 2016-17, you can see that a lot of people wanted Bitcoin to be accepted by Amazon, PayPal.etc. We lost hope after sometime. But now, suddenly out of nowhere we have such a great news regarding adoption.
That was a good indication for Bitcoin the $13K barrier was already breached and I think $14K is the next easy target hopefully, According to the latest trend, I think Paypal's decision to accept crypto-currency in their platform was also contributed to the Bitcoin price trend today and I hope the price will go up more in the following days and even more exciting to see the Bitcoin price return to its previous all-time high. how I wish?
Folks, we are in Day 85th of recent above $10k $BTC.
The average one is 27.7 days.
Currently 1,765M Bitcoin or about 8.4% of its circulating supply is held on centralized exchanges (CEX)
In November 2017 it took only 30 days for BTC to go from $ 5,000 to $ 20,000
The average one is 27.7 days.
Currently 1,765M Bitcoin or about 8.4% of its circulating supply is held on centralized exchanges (CEX)
In November 2017 it took only 30 days for BTC to go from $ 5,000 to $ 20,000
That was the hype, and hypes are extraordinary events where laws of reality don't apply
Thanks for the info, good to know
Bitcoin is showing its resistance at 13K. This is wonderful news for us. I agree that before the new PayPal announcements, Bitcoin was showing that it would break all barriers. This is a stimulus for the USA, which are the first to benefit from the new PayPal services. Guys, we are delighted with Bitcoin, good time to celebrate.
This is a good news to everybody. We are heading towards a good market for bitcoin and hopefully it will be a bull run for bitcoin. Of course we always wanted this to happen and that may it be possible to happen. Paypal had also accepting bitcoin in their platform for buy and sell. If there are other platform that can do like paypal then I am.sure that bitcoin will going to go more than that. It just need the whales to hold up their bitcoins, promote buy and sell and then we can see a goof bitcoin market.
I don't want to argue about "is paypal responsible for the present growth of bitcoin or not".don't forget bitcoin alone already raise upto $12k.its a gala day that finally bitcoin able to ovetake $13k milestone, although that was for few time & going below immediately.but breaking $13k resistance indicates its potentiality & something bigger for next move
Nothing has change base on my observation. PayPal, FOMO, and many others, I had never seen how it affects the trend this time. I certainly ignore them all because Bitcoin had the capability for this, it happens before and for sure, it happens again and again.Seeing the momentum now, I feel we are already in the bullish market. I look forward to seeing it coming in, reaching for $14k isn't possible as the resistance level is strong.
I don't want to argue about "is paypal responsible for the present growth of bitcoin or not".don't forget bitcoin alone already raise upto $12k.its a gala day that finally bitcoin able to ovetake $13k milestone, although that was for few time & going below immediately.but breaking $13k resistance indicates its potentiality & something bigger for next move
But the news recently contributed to the sudden increase wherein the market value almost got up to $13k. It might be due to the influence of what happened. No one expected that PayPal, a huge network, will be adapting this technology. There are now high hopes for what has been announced, that it would further result to mass adaptation of cryptos. I don't know the reason why the market price, again, fell in a sudden but knowing that its market price is still above $10k, I think, I think we should then be patient for now and wait for further changes.
I don't want to argue about "is paypal responsible for the present growth of bitcoin or not".don't forget bitcoin alone already raise upto $12k.its a gala day that finally bitcoin able to ovetake $13k milestone, although that was for few time & going below immediately.but breaking $13k resistance indicates its potentiality & something bigger for next move
13k is like a hard reach for Bitcoin, and I would expect that it will still fall down by a bit to 12.9 although that's just my guess, because it seemingly like stretched really hard to reach 13k at exact though it is a good price to sell a few of my coins but meh gonna keep holding my coins cause this time's are still quite tight for my coins to get out of my wallet right now.
^ That is a good perception, if you did not have any important matter to buy, just hold your bitcoin. As of now while posting this, we are on the price of $13,124 in the market and it seems $15k for the end of this month is not impossible. There are too many factors to consider and the reason for bitcoin grows. The main factor probably is the announcement of Paypal that adopting bitcoin. But if you are monitoring the market and hoping to gain a small profit during this FOMO, you probably better to watch the market because there is a chance that bitcoin will pull back and have a small correction.
Folks, we are in Day 85th of recent above $10k $BTC.
The average one is 27.7 days.
Currently 1,765M Bitcoin or about 8.4% of its circulating supply is held on centralized exchanges (CEX)
In November 2017 it took only 30 days for BTC to go from $ 5,000 to $ 20,000
The average one is 27.7 days.
Currently 1,765M Bitcoin or about 8.4% of its circulating supply is held on centralized exchanges (CEX)
In November 2017 it took only 30 days for BTC to go from $ 5,000 to $ 20,000
It´s really awesome to see the bitcoin currency growing. It must grown even more since more online and local shops are accepting it as a payment method.
Bitcoin and the cryptocurrency are proving that it's an irreversible trend. People are taking a more positive view of bitcoin, as evidenced by the recent price appreciation of bitcoin.If bitcoin can keep its momentum like that, I think it will rise to $ 15,000 by the end of the year.
13k is like a hard reach for Bitcoin, and I would expect that it will still fall down by a bit to 12.9 although that's just my guess, because it seemingly like stretched really hard to reach 13k at exact though it is a good price to sell a few of my coins but meh gonna keep holding my coins cause this time's are still quite tight for my coins to get out of my wallet right now.
It´s really awesome to see the bitcoin currency growing. It must grown even more since more online and local shops are accepting it as a payment method.
BTC will still retest 12500 level (my analysis from D1), before it will continue it upward trend. The trend is still bullish though but we must know that market doesn't move in a particular direction. We must not also forget the 3 market directional move ( Retracement, Consolidation and Continuation), as well as market Circle.
I was playing around with CoinMarketCap’s data earlier today, to see how many times (days) a certain threshold had been surpassed, with disregards to the supporting reasons and trends.
I make it as follows:
- Columns represent the threshold to surpass, rows the year, inner cells the number of days on which the threshold was surpassed.
Too early to tell.
From this table, it is clear that BTC has stayed above 9k for the most part of 2020. That is a pointer that the FAMO of BTC halfing is real. I make it as follows:
Code:
Year 10k 10,5k 11k 11,5k 12k 12,5k 13k 13,5k 14k 14,5k 15k
2020 100 82 57 39 8 1 1 0 0 0 0
2019 86 54 34 24 12 4 3 1 0 0 0
2018 53 46 43 33 20 18 17 16 15 12 9
2017 34 33 32 30 27 26 26 26 26 24 21
- Data as of yesterday, in USD, based on whether the High value equaled or surpassed the threshold value.2020 100 82 57 39 8 1 1 0 0 0 0
2019 86 54 34 24 12 4 3 1 0 0 0
2018 53 46 43 33 20 18 17 16 15 12 9
2017 34 33 32 30 27 26 26 26 26 24 21
- Columns represent the threshold to surpass, rows the year, inner cells the number of days on which the threshold was surpassed.
Too early to tell.
Bitcoin is so different from other cryptocurrencies in terms of pumping.
I nearly release my coins to market last month if not I listen to my research that make me understand that this is the season of bitcoin to top every cryptocurrencies in the market.
It was not a surprise to me that bitcoin is pumping and other is reducing because we are in bitcoin season. I think bitcoin will still bull more than this since they just newly legalized PayPal account to their users in the forum.
I nearly release my coins to market last month if not I listen to my research that make me understand that this is the season of bitcoin to top every cryptocurrencies in the market.
It was not a surprise to me that bitcoin is pumping and other is reducing because we are in bitcoin season. I think bitcoin will still bull more than this since they just newly legalized PayPal account to their users in the forum.
I was quite surprised by the increase in Bitcoin price above $ 13,000. Because the increase was so fast,
many say the increase in the price of Bitcoin is due to news related to Paypal accepting cryptocurrency.
Although it may be true that news related to Paypal is the trigger for the increase in Bitcoin, but indeed
since the pandemic occurred, the crypto market has entered a bullish trend. So sooner or later the Bitcoin
price will definitely pump.
many say the increase in the price of Bitcoin is due to news related to Paypal accepting cryptocurrency.
Although it may be true that news related to Paypal is the trigger for the increase in Bitcoin, but indeed
since the pandemic occurred, the crypto market has entered a bullish trend. So sooner or later the Bitcoin
price will definitely pump.
The pressure from fomo is getting more and more heavy
This is not the first time we are reaching $13k and going back. Hope we will start next week with $13k and continue growing. What worries me is the growth of covid-19 cases. Hope this wont be a reason to go down.
This is not the first time we are reaching $13k and going back. Hope we will start next week with $13k and continue growing. What worries me is the growth of covid-19 cases. Hope this wont be a reason to go down.
This is a good start for Bitcoin to pierce again to the $13K USD and right now the price is at $12,991.07 USD if this continues could we possibly able to see another record of $19,783.06 USD all-time high that has been marked in the history of Bitcoin on 17 December 2017? or this is just a false bull run? and may still go down due to the fact that we are still on a Pandemic? well, I wish we can see another All-time high that may penetrate this time to $20,000 USD.
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