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Topic: Bitcoin is $10,000 - page 2. (Read 782 times)

legendary
Activity: 2058
Merit: 1015
July 27, 2020, 05:45:12 PM
#66
We finally passed the $10k mark again. The struggle is real. That was fast and it makes me worry it might collapse fast as well. It could happen at some point since traders has a selling point. I thought we're gonna stay evem longer at 4-digit. Atleast our hope for a new ATH isn't gone yet or has been boosted up again.
legendary
Activity: 2604
Merit: 3056
Welt Am Draht
July 27, 2020, 05:35:17 PM
#65
I don't think we are going anywhere other than then same 10k range we have been in for a while.

What same 10k range? It's been 10.5 that's been pulling our willies for a long, long time. That's been shat all over. That's the level that needed taking out. There was no 10-12k range.
sr. member
Activity: 533
Merit: 251
July 27, 2020, 05:33:15 PM
#64
I don't think we are going anywhere other than then same 10k range we have been in for a while. But this particular minor rise will make other players get into the game and setup the groundwork for the 20k range given that the halving is affecting the market as well. But given the traders involved, we will not go anywhere other than hang around this 10-12k. Any growth will be over the next 4 years leading into the next halving.

No going to the moon anytime soon as far as I can tell.
hero member
Activity: 2856
Merit: 667
July 27, 2020, 05:18:22 PM
#63
And this is it, we are already at $11k, it looks like the bull run is really here as the FOMO is slowly forming from small to big FOMO.
We didn't expect this, what we expect is that a bull run during the halving or the post halving bull run which could happen next year, but here we are, it came early than expected and this tells how unpredictable really the market is.. Hey OP, it's 2 days and we are at $11,000 now, maybe 1 week from your post, we will be seeing a $15k price.  Grin... pardon me, this is how people think when they get into FOMO.
legendary
Activity: 2604
Merit: 3056
Welt Am Draht
July 27, 2020, 05:12:40 PM
#62
has not yet broken $10500 and after that there is $ 13000 which is another major obstacle

10.5 either happens very soon and we're off to the races or it falls back down again and we get months more of not very much. The longer it takes the more decisive the eventual move will be and the more bored we'll get in the meantime.

If it doesn't occur in the next 48 or so hours I'm going to start on the 2 billion piece jigsaw that arrived on a few trucks today.

Ah well. Looks like that jigsaw is getting sent to landfill. That's if there's anywhere big enough.

Who knows whether this is the start of something big, but it may well be the end of our big nothing and it's been long enough for me.
hero member
Activity: 2870
Merit: 594
July 27, 2020, 04:38:14 PM
#61
Although bitcoin has increased but for altcoin there is still a lot of red that means that the bullrun has not completely happened so what is said @nelson4lov if this pump becomes a dump there could be bloodshed against altcoin because it cannot guarantee this increase like it is back again.
To be sure with the increase in bitcoin now that has reached $10.770 can be further increased and altcoin will follow suit.
Looks like you are new to the cryptocurrency market, there is nothing surprising to see that the alt coin market is going down as the market always goes down when the bitcoin market rallies and it is not that surprising as the investors will sell of their alts to get into the bitcoin market if there is a rally and hopefully if it is the rally we are waiting for the alts is going down because of that.
I do agree, not new in the market and I have seen this kind of movements/shifts and it's obvious that investors are moving to btc from alts, specially when they see that there is already a big movement coming. Ethereum is doing good, but it seems it has face a big stumbling block right now, face a resistance wall, investors then move to btc to push to $10,800 now with almost 10% increase in the last 24 hours.
hero member
Activity: 2786
Merit: 657
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July 27, 2020, 04:37:56 PM
#60
I hope no one is holding altcoins at this point in time because it's been a bloodbath since yesterday.
Although I am not a fan of altcoins but whether I didn't understand you very well or you are partially wrong.
Most altcoins price jumped in the previous days and even when bitcoin was rising slowly, their prices increased from 5-10%. Now if someone has a decent amount of the said altcoins, selling it to a stable USD coin then wait a price drop then converting it to BTC or ETH or even cash out in FIAT for example will make them in a pure profit situation!
Although bitcoin has increased but for altcoin there is still a lot of red that means that the bullrun has not completely happened so what is said @nelson4lov if this pump becomes a dump there could be bloodshed against altcoin because it cannot guarantee this increase like it is back again.
To be sure with the increase in bitcoin now that has reached $10.770 can be further increased and altcoin will follow suit.
If you notice the market every well you see that some altcoins actually follow the momentum which bitcoin market posed which i believe it a sign that sooner or later some altcoin will lose there spot in the top 100 because they are not gaining investors support. Speaking of bull run it hasn't started but when it does some altcoin on the 100 will join the crowd.
@OP, what will happen next is dump in price but no one knows when it will really happen.
legendary
Activity: 2282
Merit: 1023
July 27, 2020, 04:20:46 PM
#59
Although bitcoin has increased but for altcoin there is still a lot of red that means that the bullrun has not completely happened so what is said @nelson4lov if this pump becomes a dump there could be bloodshed against altcoin because it cannot guarantee this increase like it is back again.
To be sure with the increase in bitcoin now that has reached $10.770 can be further increased and altcoin will follow suit.
Looks like you are new to the cryptocurrency market, there is nothing surprising to see that the alt coin market is going down as the market always goes down when the bitcoin market rallies and it is not that surprising as the investors will sell of their alts to get into the bitcoin market if there is a rally and hopefully if it is the rally we are waiting for the alts is going down because of that.
legendary
Activity: 2394
Merit: 1049
Smart is not enough, there must be skills
July 27, 2020, 02:39:04 PM
#58
I hope no one is holding altcoins at this point in time because it's been a bloodbath since yesterday.
Although I am not a fan of altcoins but whether I didn't understand you very well or you are partially wrong.
Most altcoins price jumped in the previous days and even when bitcoin was rising slowly, their prices increased from 5-10%. Now if someone has a decent amount of the said altcoins, selling it to a stable USD coin then wait a price drop then converting it to BTC or ETH or even cash out in FIAT for example will make them in a pure profit situation!
Although bitcoin has increased but for altcoin there is still a lot of red that means that the bullrun has not completely happened so what is said @nelson4lov if this pump becomes a dump there could be bloodshed against altcoin because it cannot guarantee this increase like it is back again.
To be sure with the increase in bitcoin now that has reached $10.770 can be further increased and altcoin will follow suit.
legendary
Activity: 3178
Merit: 1140
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July 27, 2020, 02:13:04 PM
#57
I hope no one is holding altcoins at this point in time because it's been a bloodbath since yesterday.
Although I am not a fan of altcoins but whether I didn't understand you very well or you are partially wrong.
Most altcoins price jumped in the previous days and even when bitcoin was rising slowly, their prices increased from 5-10%. Now if someone has a decent amount of the said altcoins, selling it to a stable USD coin then wait a price drop then converting it to BTC or ETH or even cash out in FIAT for example will make them in a pure profit situation!
hero member
Activity: 2212
Merit: 805
🌀 Cosmic Casino
July 27, 2020, 01:14:21 PM
#56
Bitcoin has been long overdue for a pump. Since the halving event back in May, It has continually tested support before breaking out yesterday. At this rate, We'll see $12K either later today or tomorrow. It's almost safe to say that we're at the start of yet another bull run. With ETH 2.0 incoming and Bitcoin's halving already completed, the only way is up from here on out.


I hope no one is holding altcoins at this point in time because it's been a bloodbath since yesterday.
sr. member
Activity: 1936
Merit: 290
July 27, 2020, 11:55:18 AM
#55
I checked CMC and it's $9,961.74, but still that is almost $10k already. Obviously, the next barrier will be $10,300 first and then we will see how it goes. I'm not sure what brought this mini-bullrun in the last 24 hours and I do hope that this is not just manipulation but sustainable in the long run. So I'm not sure if this is the start of a bull run post halving.
Its already remark hit $10,300 up so be cool and thinking what next goes!. Long run later again $10k up it really good move, basically many holders are now peace loving who purchased bitcoin earlier this year. I collected some bitcoin with the price was cheap even this time i made some of profits. I also had a capital crisis because of the covid-19, but i was able to cut it with rise in the bitcoin price.
sr. member
Activity: 2660
Merit: 339
July 27, 2020, 11:39:34 AM
#54
I feel like this $10k symbolizes more than just its own price, I feel like $10k is not $10k when you look at it. Right now, we are talking about a pump and an increase after months of not moving at all.

This means that during all of that time maybe people were accumulating, they want the price to go up because for the past 2 months that means people could have bought tens of millions of dollars worth of bitcoin and that could result with them making tens of millions of profit as well if the price goes up a lot. That is why this increase means that maybe people are optimistic about the price of bitcoin and they think that this should be the direction where it goes.

Obviously they could have think bitcoin doesn't go up so it should go down as well but that didn't happen thankfully.
legendary
Activity: 2604
Merit: 3056
Welt Am Draht
July 27, 2020, 10:26:27 AM
#53
has not yet broken $10500 and after that there is $ 13000 which is another major obstacle

10.5 either happens very soon and we're off to the races or it falls back down again and we get months more of not very much. The longer it takes the more decisive the eventual move will be and the more bored we'll get in the meantime.

If it doesn't occur in the next 48 or so hours I'm going to start on the 2 billion piece jigsaw that arrived on a few trucks today.
sr. member
Activity: 2842
Merit: 326
Vave.com - Crypto Casino
July 27, 2020, 10:19:26 AM
#52
The movement of bitcoin is currently approaching prices around 10,250 and continues to rise little by little, and in my opinion will continue to move well to reach the highest price.
and although there is a decline back but in my opinion the movement of bitcoin will tend to rise slowly and that is my prediction that is not necessarily the truth and I'm still optimistic.

Price is around 10250$ now on the Binance as well and seems that it can try for the next huddle unless if see a large profit booking starts to happen at this levels then we may see that bitcoin price can fall back to below 10k$ and will be the same old story. But the new week has started quite well with this level.

The price had reached $10300+ at present it has broken the strong resistance $10500+ that had been holding the price for a long time bearing in mind that a price retracement or pullback is expected to touch the resistance turned support at $10000 or bellow  if the price action played out according to this technical analysis then its obvious that the price will reach the next resistance at $12000 an indication that the market had been over by the bull ie bullish sentiment of the market.
legendary
Activity: 3234
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
July 27, 2020, 10:17:07 AM
#51
Hey guys, bitcoin has breached the $10,000 price mark, what's next for this?

what comes next Is the following:

If the price manages to break the $ 10500 then people started selling their altcoins to buy bitcoin and this will cause the bitcoin price to rise very temporarily and the altcoins to fall a lot, and if the bitcoin price breaks the $13000 then the same scenario that I described will happen but this time it will be worse in the long run for altcoins.

Is is another failure or are we already in the bull run?

has not yet broken $10500 and after that there is $ 13000 which is another major obstacle
member
Activity: 1120
Merit: 68
July 27, 2020, 09:49:55 AM
#50
People are really expecting for bitcoin to reach $10,000 by next month or the end of the year of 2020, but suprisingly bitcoin already reach its mark that we didn't expect bitcoin will go more than $10,000 this month of July. Also, if bitcoin would continue to increase its price maybe it will reach $20,000 again.
legendary
Activity: 2128
Merit: 1775
July 27, 2020, 08:51:37 AM
#49
Hey guys, bitcoin has breached the $10,000 price mark, what's next for this?
a half period had occurred last May, before entering August 2020, the price of the BTC, had exceeded the level of $ 10,000.
can say this is a sign that the trend towards Bitcoin is on the verge of a bullish area, if you look at some of the predictions and forecasts previously made by bitcoin experts.

I am sure, then crypto has great potential in driving prices higher in the future.
Many factors today can cause the price of bitcoin to rise, one of which is: the transition of some stock assets to bitcoin shares from several investors & traders.
legendary
Activity: 2674
Merit: 1226
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July 27, 2020, 04:39:42 AM
#48
If BTC can cross the $10,800 hurdle, then we can confirm that another bull run is ahead of us. The surge in price that happen recently is a good sign that the bulls are ready to take charge.

Seems like the most obvious technical line but remember we even managed to clear 11800 on a previous one and that still resulted in a big drop, so I would be opting instead to see a longer stay at above 10,000 and below 11,000 for a few more weeks and then repeat that at 12k 13k then 15k. I would change my mind if we surge past 15k after months of consolidation from here onwards.
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
July 27, 2020, 01:12:14 AM
#47
The movement of bitcoin is currently approaching prices around 10,250 and continues to rise little by little, and in my opinion will continue to move well to reach the highest price.
and although there is a decline back but in my opinion the movement of bitcoin will tend to rise slowly and that is my prediction that is not necessarily the truth and I'm still optimistic.
to be honest I still expect a higher price. maybe when the price of bitcoin reaches the price of $ 11000, then the price of bitcoin can last long in that range. however, I don't want to celebrate this sooner, because we know that bitcoin has reached the price of $ 10k several times this year, but it didn't last very long.
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