Topic: Bitcoin broke $13k today - page 4. (Read 1073 times)

The continuous growing process of bitcoin price has stopped after reaching that point. Bitcoin have reached this mark after the news of PayPal, we all know about it. Now the price staying around 13k usd. Next movement of crypto market will make the real impact in bitcoin price. We may see a small fall back soon. It's just my thought.

yes bitcoin has been rising slowly, we will see that in the next few weeks or months the price is definitely higher. I think bitcoin can hit $ 15k in the next few months, I see some investors coming to the exchange to invest in cryptocurrency, this will support the price of bitcoin to be more expensive, besides that some companies and other payments have accepted bitcoin as a means of payment, this is is a great future for bitcoin.

No!, Bitcoin market with volatility won't allow it stay above this price of yours, as a matter of fact the market has went down bellow your prediction. Currently the market might have retrenchment from it current price of $12.8k before another positive move like what we see in the past. Something is likely to make the current market downward which could make Bitcoin loss closely $500 before the real stuff in the month of November, 2020.

The market couldnt maintain the $13K price range for long which is a sign that anything is possible despite the uptrend that the market is experiencing through Paypal shifting to cryptocurrency announcement which has also led to commotion within crypto community cause people different opinions about the paypal statement.
With that been said, $13K seems to be the current resistance level of the market but what happens from now till Midweek will prove if the uptrend is for real or just a little sparkles.

Yes we are now at the level of around 13k$ for few days but i don't think it will get a huge down as market are going through uptrend .Its true altcoins has seen dump momentum but its not huge on downtrend so it is a good movement of market .Hopefully we will see a new ATH level on btc in upcoming years .

Nice Graph and yes still need to wait and don't panic sell i think in this point we should buy more bitcoin and sell it at 13.5 K or we can sell it on 15 K  and no money no party

But fell down again just a day after this Breaking the new High at $13,184

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

actually there are other posts it's just happen that you made it first in posting this,but normally people tend to post whenever
 the price go high or down so maybe community doesn't care anymore in small movement because everyone is looking
for another High or another Dump.

Well one more thing is contributing to this year rise, some top public companies have adopted bitcoin as a reserve asset! Here you are a few links about it:

-October is a time for surprises. On Oct. 8, right on cue, mobile payments giant Square, which boasts a market cap of $86.6 billion, announced that it had invested $50 million in Bitcoin (BTC). Five days later, asset manager Stone Ridge Holdings, which manages over $10 billion in assets, disclosed that it had purchased more than 10,000 BTC, worth around $114 million, as part of its treasury reserve strategy. Source: https://cointelegraph.com/news/the-next-big-treasure-corporations-buy-up-bitcoin-as-a-treasury-reserve

-When Microstrategy Inc. bought $425 million bitcoin in the last two months, the decision became an important stamp of institutional approval of the top crypto’s credentials as a mature, safe-haven asset. The American technology firm had just made bitcoin its primary reserve asset to hedge against fiat inflation. Now, it appears major global companies are following Microstrategy’s bitcoin strategy. Source: https://news.bitcoin.com/here-are-the-top-public-companies-that-have-adopted-bitcoin-as-a-reserve-asset/

You could see news about this in the past months! Almost every month we have some nice surprise from the big guys, and it's the beginning of the next wave, that can be greater than the one in 2017! Basically we talk about it here for years, bitcoin made amazing progress in the last 10 years, and that was all from people, enthusiasts, small and micro business... next wave will be started by big companies and corporations! And this is exactly what we see happening around!

Bitcoins price is never fixed.
The one that affects it's price are we the Traders.
If we buy more Bitcoins then the supply will become less, this will help to increase the price.
So in the last few days as many of us made high Trades on BTCs that's why the price got up high.
But let's keep our hope and pray that bitcoins stay above 13k USD, so that we can get more profit.

Yes but those people who were considering selling at high 11's are now going to begrudgingly hold onto the BTC. Just look back in the thread and see the post about somebody kicking themselves for selling at 11.7. This is a coin that was sub 3 earlier this year.

It could be election jitters or maybe it's real small time buyers scooping up after sitting on the sidelines for 2 months. Either way it looks like there is more activity this month. October always fun Surprised no DJ crash yet (maybe covid sitting in its place).

If I didn't misread from some analysis that the price of bitcoin would be very easy to go now, it's just that it might still give people the opportunity to take it at a cheap price today, as someone said the train is not really fast at the moment, but it will be surprising. in the near future

The graph looks good, and hoping for more pumps. To all those who have bitcoins, hodl more guys! We should and always hope for the best for crypto currencies.

it is a good sign that the market is recovering from the past losses. However, altcoins are still dumped. They can`t manage to go up even the bitcoin is increasing. As of now, bitcoin is positioning at the 12800 to 12900 usd area. We don`t know what happens next but I think it gonna move down first before we take of again. Hopefully, the next few years we will see a new ATH again in bitcoin. It seems like its price is overpasses by faming and yield coins in binance such YFI.

There is always a setback especially if the bitcoin price will likely to skyrocket in just a short period of time, this is what I notice to the market and I am not so sure if this was because of the traders.

Breaking the 13k$ price is already a good start to trigger the bull season if we can maintain this hype, let's just hope that there will be no big setbacks that will drag down the bitcoin price to below 12k$ again.

btc looks good  right now & almost touched 13k$ marked.i feel happy as a crypto lover for bitcoin movement. i hope its going continue. i see now btc 2% down in 24 hours,but i dont wants to more down. good luck all

I doubt it'll stay above 13k; at least not for long. However, if it stays over 13k for long then its chances of going below 13k will become small(my thoughts tho). BTW, Those who claim they can predict bitcoin, seem they're nowhere to be found. Lol. The market has been going in opposite directions from what we've been hearing.

It was a nice moved from Bitcoin becasue it was long awaited for. Although, this was a FOMO from PayPal announcement about their involvement with Bitcoin. We all know that PayPal made their proclamation that effect from 2021 they will integrate the buy and sell of Bitcoin into their system, this caused the FOMO few days ago, which those who have been waiting for Bitcoin dips before buy went into the market with the FOMO. Hope we see another all time high before the end of the year 2020.

The recent Paypal announcement might be the possible key factor behind the spike of BTC to $13k. However, as of this time of writing, it pulled back to $12,700+. I'm calling $13,200 as it's current resistance level. The growth of Bitcoin's price was kinda parabolic, but I'm impressed about the bulls making sure that it won't go down too much (but again there would be no guarantees on how long the price can stay on its current level).

After dropping to little from nearing13k earlier this morning, the digital currency is been trading between 12.5k to 13k, at this point of time investing in crypto coins or tokens are highly speculative and the market is unregulated.

A lot of analyst and so called experts say BTC will go over 15k but we need to be very careful until the market turnsgreen. So don't take risk by buying in hurry...

Long story short , we see that bitcoin price is moving above 13k $ levels , according to technical analytic basics , if the price can hold on for another few days , maybe a week above that level with the same volume , i can say that the road is clear to 14k $ then later we can see 20000$ again ..