Topic: Bitcoin & Its Momentum - page 5. (Read 1398 times)
if we look at the "week" time frame, bitcoin has broken the trend line, only waiting for the confirmation of the last 1 candle, and we will see whether bitcoin will continue its bullish trend to the price of 10k usd, or down to the 8k usd area.
I think we've seen what you're asking now. There's a price correction now but it's a minor one, I don't think we'll see a major one for this year prior to halving. Everyone is getting full of hopes because of that major event and the positive vibes that it brings to the market is getting stronger. Once we break $10k barrier, that doesn't mean that it's the end and I think everybody feels it as a safe zone as long as the price maintains to stay to that price.
This guy is he really sitting on 1.1 million bitcoins?
It's the Craig Wright stuff that is behind this latest surge. It started with BSV, then spread to other alts, then to bitcoin.
Thats not correct because the surge trend started from bitcoin while people started buy the BSV after Craig admitted to court terms and even in the history of crypto market every decision was to be determine by bitcoin market.Now that CW has revealed (surprise!) that he hasn't got the keys after all, BSV has fallen. Everything else has fallen a bit alongside, the question is how much of the latest rise they can hold onto.
I would guess they will hold at least some of it, as confidence was rising anyway prior to the CW interlude... so not all bad
CW is just a liar and hodlonaut knew all this which is the reason why he want an end to all his lies but concern the next uptrend which the market will hold onto, no one know. I would guess they will hold at least some of it, as confidence was rising anyway prior to the CW interlude... so not all bad
It's the Craig Wright stuff that is behind this latest surge. It started with BSV, then spread to other alts, then to bitcoin.
Now that CW has revealed (surprise!) that he hasn't got the keys after all, BSV has fallen. Everything else has fallen a bit alongside, the question is how much of the latest rise they can hold onto.
I would guess they will hold at least some of it, as confidence was rising anyway prior to the CW interlude... so not all bad
Now that CW has revealed (surprise!) that he hasn't got the keys after all, BSV has fallen. Everything else has fallen a bit alongside, the question is how much of the latest rise they can hold onto.
I would guess they will hold at least some of it, as confidence was rising anyway prior to the CW interlude... so not all bad
It seems that the momentum of bitcoin is going to rise again towards $ 10000 not to close the possibility. especially soon there will be a routine halving bitcoin, usually the possibility of going up will be greater than what I see
It will take a little more time to exceed $9000. Due to Chinese New Year, the price may go down a little bit, but I believe there will be an increase afterwards. Because we started very well this year and demand will increase with the impact of halving. And through this effect, after the holiday is over, positive thoughts will increase and we reach $10000.
The reality is we are going "too slow". I know many of you won't agree with that but I have been in crypto world long enough to know that when the price goes up, it goes up very very fast and right now it is not going up that fast, it is just going up steadily and that is different. Whenever price goes up steadily, that means there isn't a huge hype around it, there is no FOMO going around, as soon as there is even a single bear run the price will go back to what it was, it just depends on one person to sell all they have.
I don't like markets where one whale could change everything, I want the type of markets where even the whales can't stop and we are not in that right now. It is of course good that we are finally over $9k, we haven't been above $9k for months now, but stay careful about impending drop as well at all times.
I don't like markets where one whale could change everything, I want the type of markets where even the whales can't stop and we are not in that right now. It is of course good that we are finally over $9k, we haven't been above $9k for months now, but stay careful about impending drop as well at all times.
With the positive news for the market this year, I hope the price can continue to rise and surpass $ 10000. But first we need to wait for BTC to be able to stabilize trading above $ 9000, the bitcoin price has continuously dropped when rising to $ 9000 in the past and it puzzled a lot of investors. In the next few days prices may continue to correct but I think it will not be able to fall too deep. The bull market is still there and we need to wait patiently for it
Looks like there's a correction coming in?
yes maybe at this time there is a little correction to look healthier in the market, the important thing is not too panic when the correction occurs and do not be too greedy when pumping.
now the momentum is felt depends on how we respond to choices.
Looks like there's a correction coming in?
yes maybe at this time there is a little correction to look healthier in the market, the important thing is not too panic when the correction occurs and do not be too greedy when pumping.
now the momentum is felt depends on how we respond to choices.
As it stands, Bitcoin along with many other Digital Currencies have been on a Rampage recently. Some achieving all new highs while BTC is sitting on top of 9k+ usd. Only question that comes to mind now is what next? Will it have enough momentum to break thru to the 10k usd mark or will we see a major price correction? As usual any thoughts and comments are more than welcome.
There is no one who will know what the next price of bitcoin that will be touch even the professional trader though will not say that his prediction will come true and should be trusted by many people. You will be useless to ask this question IMO, the right thing is you should be focus to your strategy. I mean when you intend to spend money for your trading material then just focus on it, don't ask the price which hasn't happened yet. Set target profit that you wanted, don't be greedy because it will make you regret at the end.
this moment felt by most of altcoin and the opportunity to raise the price of their assets too ,think will still continue by looking at other situations that will make price of bitcoin back to a safe position between 10,000 ,everyone will see this increase and buy soon and we still haven't seen the whale raise the price so for now the price will continue and I think until before halving bitcoin happened
The momentum will be welcomed well because bitcoin has moved to the price of $ 9,000 + this will be a good correction because bitcoin is growing in the market so to redeem the price of $ 10,000 will soon be passed in the near future.
In the pumping of the last few days, it shows a good start for bitcoin because it has been heavily predicted by experts this year that bitcoin will grow.
In the pumping of the last few days, it shows a good start for bitcoin because it has been heavily predicted by experts this year that bitcoin will grow.
2019 wasn't the best year for Bitcoin but seeing how it's moving now is giving us hope that it will be better this time. It's on its correction period and it's the price has increased a good value so I believe that there's a big possibility that it could rise even more in the coming days or months. Halving is almost approaching so I'm sure that it will also affect Bitcoin in a good way.
Looks like there's a correction coming in?
Yes I think it will surpass $10,000 in the near future, but we just have to break through a couple of resistance lines first, If it couldn't break, then I think that Bitcoin will head down drastically. In my opinion anything that goes up purely based on sentiment (i.e. panic buying), like current momentum, will easily drop and much faster once people realize it and thus lose the positive sentiment. but if there will be a massive adoption happening in the future with positive sentiment about halvening, this will change the situation. then I think it will be above $10,000 easily but more importantly, it will be over $100,000 by end o 2019.
10K US $ is easy for bitcoin to reach this price, the price correction will always be accurate. But, but the possibility of BTC touching 10K is less likely to occur this month or early February, because it has a period that is controlled by various factors, Momentum can now be said to be the starting point of BTC after going through a critical phase in December yesterday, and BTC proved its now with 9K $ +. This is good news for everyone, especially the BTC holders themselves, and with the current BTC achievement, it can also pump up other altcoins.
As it stands, Bitcoin along with many other Digital Currencies have been on a Rampage recently. Some achieving all new highs while BTC is sitting on top of 9k+ usd. Only question that comes to mind now is what next? Will it have enough momentum to break thru to the 10k usd mark or will we see a major price correction? As usual any thoughts and comments are more than welcome.
Price correction will happen but I hope its not that big because the momentum going up is already here, let’s keep the price going up and no turning back again. Its good that altcoins pumps along with bitcoin and maybe this is the new trend this year, every cryptocurrency will rise together as one really good for the investors.
Only a few hours later from this thread was made, the price correction has occurred, but do not panic, because the momentum you mean will happen soon. Yes, $10k is not a difficult thing for Bitcoin and we will soon see Bitcoin achieving it.
Price corrections can occur at any time, usually before Bitcoin pumps. I am not sure about the "raging" statement, because I see that there are only a few alts and that is not too significant. Most likely, all atlcoin refers to bitcoin movements. We are waiting the next surprise from the crypto market, because in my opinion $ 10,000 is not a difficult thing for bitcoin.
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