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Topic: Bitcoin broke $13k today - page 5. (Read 1074 times)

sr. member
Activity: 826
Merit: 250
Bitgesell (BGL) Decentralized Cryptocurrency!
October 23, 2020, 12:06:15 PM
#55
Sometime today, Bitcoin broke the $13k barrier and then retreated back to $12.8k.

This is Binance screenshot and now that I'm watching it, seems like it broke $13k almost a day ago.

But I'm not seeing any posts about this on the forum so I'll just post it.
Total market cap also went over $400B which is cool.

Will is stay above $13k this time?


Bitcoin price depends on crypro news  and most of the bitcoin dump only for negetive feedback.Bitcoin price always out of control so we cannot   know whats happen next..I hope and believe  that bitcoin wil be back to place and broken all previous  record.
sr. member
Activity: 1638
Merit: 300
October 23, 2020, 09:55:14 AM
#54
Don't actually know what will happen but in my opinion, it won't go higher than $13K this year. Its been sometime before we faced this price and I think it would still need some time before we broke the resistance of $14K. For now, I will just keep on holding and keep on being aware of the changes since we never know where will the trend goes.
sr. member
Activity: 1638
Merit: 255
October 23, 2020, 09:31:09 AM
#53
Lately, I am happy to observe crypto price movements in the market especially bitcoin and there is no reason to say no to observing altcoins such as ethereum or LTC, for example, where they are also starting to wake up.
But I’m not a good expert. But when bitcoin can break through the price of $12000 it can even get to $13000 it becomes recent news to talk about.
And not a few of us regretted it when they sold it a few days ago for $11,000. Well, bitcoin can’t be guessed because reach the price of $13,000 quickly.
It will definitely come back again, it could even be more than that value. All we need is time. When
someone holds their investment in bitcoin to this day, I’m sure surely they will wait for bitcoin at ATH price.
sr. member
Activity: 2156
Merit: 323
October 23, 2020, 08:59:39 AM
#52
I think it will go above $ 15k in the near future, I saw bitcoin price correcting and stabilizing for so long yesterday that many new investors came with big bucks to buy it back, so let's wait for new surprises from bitcoin apart from news coming from paypal and others

Wishing that 15k could be seen in this year itself and close above 15k by year end would be the big thing for the bitcoin. It had some ups and down and found it hard to broker that 12k and took some months to finally break and cross 13k levels as well. Hoping that not much profit booking happens else we would also have panic sellers participate in that and will fall further.
Even over 15k is attainable for bitcoin, paypal news make this things happen while we're fighting to break 13k. Just takes a couple of more organizations to purchase up a few billion worth of Bitcoin and we'll be another level. Panic sellers are already is on the field as we're keeping 13k just for few moments.
member
Activity: 339
Merit: 15
October 23, 2020, 07:48:51 AM
#51
I remember the start of this year (2020). Things were pretty optimistic, Bitcoin price had a steady growth then the Covid-19 hit. Prices plunged to almost All-Time-Low.

Rebounded pretty quickly and everyone blamed Covid for it. Partly true.

Then they announced a new pandemic wave in the summer. This time everyone expected for price to drop, but it did not.

Now we have the newest pandemic wave and Bitcoin does not seem to be affected. YET.
To be honest, Stock market was not affected by new waves as well, just the first one


If Bitcoin can pull through this wave unaffected, we are in for a pretty sweet 2021.

jr. member
Activity: 439
Merit: 3
October 23, 2020, 07:44:25 AM
#50
As the price of Bitcoin continues to rise, it seems that the price will continue to rise for some time.  In this case, we should hold Bitcoin and help to increase the price. Hopefully Bitcoin will hit $15k-$16k very soon.
hero member
Activity: 2184
Merit: 531
October 23, 2020, 07:07:37 AM
#49
I think it will go above $ 15k in the near future, I saw bitcoin price correcting and stabilizing for so long yesterday that many new investors came with big bucks to buy it back, so let's wait for new surprises from bitcoin apart from news coming from paypal and others

15000 is not much of a resistance. There's really no resistance between 14000 and 17000 and even 17 is a weak resistance barely touched in 2017 dead cat bounce.

If we're able to break 15 thousand a shot at 20 is coming for sure.

On the other hand if we form a double top at 14 thousand it's going to be Jul 2019 all over again.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
October 23, 2020, 05:38:27 AM
#48
Will is stay above $13k this time?

The price is already dropping so I think it won't stay that much and will probably settle around $12,000 which is still nice. But who knows, we might reach $14,000 this year. I think Paypal really did gave a significant impact on the price of Bitcoin because it gave more option for people to buy cryptocurrency. Not only that, there's just so many articles being written right now that is hyping Bitcoin. Even billionaires are making statements about Bitcoin in a positive way. Just google search Bitcoin news and you'll see a bunch of FOMO articles around.

The 13000 hit was a great sight for the bull market. Definitely looks like the PayPal news has lifted the entire markets sentiment. It wouldn't be that bad if we consolidated around 12k to 12.2 k for next fortnite before we got the next leg up.
Bitcoin price increasing this week shows us how strong the bitcoin and the price will rise more than now.
I am sure the price will not just stop at that price, but it will break every barrier, and the price will make a new ATH.
Although we don't know when the new ATH will happen, we could still follow bitcoin's journey, and we can profit from every increase in the price.
I think we will see another good news in the future that can lift the price to the high price, so people out there will see that bitcoin is not a scam, and bitcoin can help people to make money.
But it seems, the price doesn't directly increase and break $13k again because the price now held not to grow. Maybe the price waits for another good time to rise.
So while bitcoin price needs more time, we can take a break for a while and enjoy our profit.
member
Activity: 966
Merit: 11
FRX: Ferocious Alpha
October 23, 2020, 04:17:16 AM
#47
I'm sure no one can say for sure whether the price of Bitcoin will be above $13k.  Because the price of Bitcoin is never fixed.
 However, it can be said with certainty that the price of Bitcoin will be above  $10k.  Because the price of Bitcoin has been above $10k for the last few months.  But no one can say for sure that this price will be stable.  If you take a good look at DdmrDdmr's post and read his chart well, you will understand everything clearly.
sr. member
Activity: 1918
Merit: 268
20BET - Premium Casino & Sportsbook
October 23, 2020, 03:35:00 AM
#46
I think it will go above $ 15k in the near future, I saw bitcoin price correcting and stabilizing for so long yesterday that many new investors came with big bucks to buy it back, so let's wait for new surprises from bitcoin apart from news coming from paypal and others
sr. member
Activity: 1372
Merit: 261
October 23, 2020, 03:15:26 AM
#45
Are we going to see it move towards $14K? the price is still near $13K so there is a huge chance that it could go up and stay above $13K.
Do you think this has something to do with Paypal accepting Bitcoin?
hero member
Activity: 3178
Merit: 977
www.Crypto.Games: Multiple coins, multiple games
October 23, 2020, 03:03:24 AM
#44
BTC reached this mark naturally this time around when compared to the crazy rise back in 2017 which is why not many crypto enthusiasts like myself are surprised by this due to which there hasn't been much talk about it.

This natural progression is beneficial to the cryptocurrency ecosystem on the whole. It just proves that the pandemic has helped crypto like BTC, ETH etc gain more popularity. It will probably retreat back to $12K and slowly crawl back to $13K soon.
full member
Activity: 1708
Merit: 105
October 23, 2020, 03:01:45 AM
#43
Will is stay above $13k this time?

The price is already dropping so I think it won't stay that much and will probably settle around $12,000 which is still nice. But who knows, we might reach $14,000 this year. I think Paypal really did gave a significant impact on the price of Bitcoin because it gave more option for people to buy cryptocurrency. Not only that, there's just so many articles being written right now that is hyping Bitcoin. Even billionaires are making statements about Bitcoin in a positive way. Just google search Bitcoin news and you'll see a bunch of FOMO articles around.

if the possibility of a fall it could happen again because it is true that the end of the year is still 2 months away, we know bitcoin has been moving up and down quickly several times.
I actually believe that the price that will be obtained from bitcoin at the end of the year is $ 15K, and this is not the highest time because if we see the halving several times then next year is a time when a sharp increase will occur.
newbie
Activity: 7
Merit: 0
October 23, 2020, 02:57:37 AM
#42
From the trend of the chart, I think the high was being adjusted, it tended to callback.
Do you think there will be a big plunge tomorrow?
From the view of the market Bitcoin deriveratives, many exchanges like BitOffer, Binance, Huobi, started to launch the Bitcoin funds to cater to the market. it is because they guess Bitcoin will not keep peace in uptrend this time and many people will lose way in the bitcoin change and they catched the market pain points also.
So I think the rest of this year, the funds investment with relatively fixed interest and even capital and interest guaranteed, will be popular.
What do you think? Grin
hero member
Activity: 1005
Merit: 502
Sovryn - Brings DeFi to Bitcoin
October 23, 2020, 02:04:48 AM
#41
Will is stay above $13k this time?

The price is already dropping so I think it won't stay that much and will probably settle around $12,000 which is still nice. But who knows, we might reach $14,000 this year. I think Paypal really did gave a significant impact on the price of Bitcoin because it gave more option for people to buy cryptocurrency. Not only that, there's just so many articles being written right now that is hyping Bitcoin. Even billionaires are making statements about Bitcoin in a positive way. Just google search Bitcoin news and you'll see a bunch of FOMO articles around.

The 13000 hit was a great sight for the bull market. Definitely looks like the PayPal news has lifted the entire markets sentiment. It wouldn't be that bad if we consolidated around 12k to 12.2 k for next fortnite before we got the next leg up.
full member
Activity: 1624
Merit: 163
October 23, 2020, 01:35:29 AM
#40
Will is stay above $13k this time?

The price is already dropping so I think it won't stay that much and will probably settle around $12,000 which is still nice. But who knows, we might reach $14,000 this year. I think Paypal really did gave a significant impact on the price of Bitcoin because it gave more option for people to buy cryptocurrency. Not only that, there's just so many articles being written right now that is hyping Bitcoin. Even billionaires are making statements about Bitcoin in a positive way. Just google search Bitcoin news and you'll see a bunch of FOMO articles around.
legendary
Activity: 3472
Merit: 10611
October 23, 2020, 12:04:41 AM
#39
whether $13k itself is going to be kept or not is not as important as what it represented. the breaking of this resistance proved that there is a very strong momentum in the market that is shaping up the beginning of the bull market.
as we can see now, there was a correction and price came back below $13k level but the momentum is still strong.

this also proved (once again) that there is no correlations between bitcoin market and any other market as they are still dumping while bitcoin keeps rising up.
sr. member
Activity: 644
Merit: 364
In Code We Trust
October 23, 2020, 12:01:01 AM
#38
It broke 13k but we already below 13k again. Too unstable

I just can't believe that with the little push of PayPal, we can enter the bullrun right away, these are just short term increases and remember, US election will just going to happen, this could impact the stocks and even crypto too.

Until the end of 2020, I think it's better to wait further as I also see there's a massive minting of stable coins which could be the reason for this current price increase.
member
Activity: 589
Merit: 10
October 22, 2020, 11:53:15 PM
#37
It broke 13k but we already below 13k again. Too unstable
hero member
Activity: 2184
Merit: 891
Leading Crypto Sports Betting and Casino Platform
October 22, 2020, 10:32:24 PM
#36
I think Bull Ran has started, and Paypal has triggered it in 2020. And this bull run will continue for 3 or 4 months. And we might hit all time high $30,000 in 2020 by dec.
Possibilities are always two-sided. Despite of the goodnews, we cannot still guarantee continuous increase in its price up until next year, yet. This adaptation is not yet happening, and according to the articles spreading online, it will start next year. The outcome or how will things go, will be determined after the occurence whether more companies or networks will be starting to do the same thing. But for now, let us enjoy the green marks, just don't be too carried away.
Many speculators say that it will have a pullback after reaching the $13,200 this will be the whales taking profits zone. Who know maybe we come down again and retest the $12,400 or just continues to pump, i still wouldn't sell when everything points to the upside especially when huge adoption coming such as the paypal news.
In the first place, the market price will not continuously increase due to the nature of inconsistencies. The market value is volatile in its nature. Going back with the previous ATH, the price increase did not occur within few months. As far as I remember, it is almost a year before such thing happeneded. Early 2017 there are already news regarding the anticipated boost of its price. So maybe it is too early to conclude. The best thing is to hold.
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