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Topic: Bitcoin & Its Momentum - page 6. (Read 1398 times)

sr. member
Activity: 812
Merit: 250
January 19, 2020, 07:20:15 AM
#13
correction can still occur to cover the price gap that was jumped over. but the decline is expected to strengthen the foundation of an increase in psychological limits, it is likely we will no longer see bitcoin at $ 7000, it can still be assumed that bitcoin is experiencing a good trend if prices continue to rise and speculators also eventually spontaneously change their sentiments specifically for avoid liquidation.

I don't think so that price won't be lowered on that value, because there's no real bullrun happening. The effect of gradual increase was the actual demand from investors, and not really coming from huge capitalist. If you notice btc price all alone is pumping, and altcoins didn't come up a promising changes which long term holders also expecting.
hero member
Activity: 2338
Merit: 953
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January 19, 2020, 06:45:27 AM
#12
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.

Really, have some currencies all achieved new ATHs? That would only be BSV as far as I know. And they still needed Bitcoin to be on a rampage to do that. If it were true they could do that on their own,,, they would have had 2 and even 3 years to do so but till today nothing. So yes,,, momentum of Bitcoin is still what alts need every single day!
hero member
Activity: 746
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January 19, 2020, 06:18:17 AM
#11
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.
Where exactly do you see new highs? Most of them barely touched the line that should represent top of the 'bottoming out' region. If anything reached ATH it's only because it's a new thing and wasn't present at 2017/2018 boom. A lot of stuff has moved but this isn't close to any high any time soon. If this move persists for lets say half a year, then sure, we will get some nice action in the process, but until then this is just another rally that is not even confirmed to be long term trend reversal.
sr. member
Activity: 1918
Merit: 268
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January 19, 2020, 05:48:34 AM
#10
many experts say many people insist on pushing because they are tired of the bear market before, they are like a raging bull now after all this time they have stayed in their cages so everyone can't hold their anger, that's probably the price of bitcoin and crypto is rising now , I believe in the experts even now I see the fact that the price of $ 10k for 2020 is a very cheap price for bitcoin, waiting for everything to really explode now
legendary
Activity: 2506
Merit: 1394
January 19, 2020, 05:47:51 AM
#9
Not all cryptocurrency are also celebrating now, if you can see some are down in btc value, it means if you just buy Bitcoin instead of that particular altcoin, you will have much greater return.
But overall, the total market cap of cryprocurrency market now is owning which is good for everyone, we still aiming more and new all-time highs.
sr. member
Activity: 1078
Merit: 354
January 19, 2020, 04:17:53 AM
#8
What is interesting to me is that alts seem to be rising more than bitcoin, which suggests increased market confidence, which suggests the possibility of continued rises across the board.
It was the Craig Wright stuff that started the surge, but it could have been anything really, confidence had been growing for a while and the market was ready to latch onto any reason to start a surge.
hero member
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January 19, 2020, 03:11:13 AM
#7
Right now, bitcoin price is at $9000, but soon, we will see the momentum to break thru to the 10k. If it's not happening this month, then I guess that it will happen the next month. We don't know if we will see a major price correction, but it could be possible to happen. But we don't hope that the correction will make the price go down deeper because of the bitcoin price increase by slowly. The next thing that we will see is the price will go up and down many times before it can break another high price, so we need to be ready for anything that will happen later.
legendary
Activity: 2394
Merit: 1049
Smart is not enough, there must be skills
January 19, 2020, 02:13:36 AM
#6
Of course there will be a correction in the rise of bitcoin before $ 10k we see what happens in the future because buyers will sell when bitcoin has reached $ 10k and this will be a slight decrease because of the sale but it won't take long, believe bitcoin will rally easily to price of $ 10k.
This momentum will be right if you position well.
sr. member
Activity: 1022
Merit: 252
January 19, 2020, 01:47:12 AM
#5
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.

I'm sure it will, but i don't think it will become more than 10k in current momentum since it's already rallied since 8k from the start of this year. There will be a correction first before it's going to 10k. People who already bought at 8k must be sold their BTC for profits and wait for lower point to next really. Bitcoin halving news must be triggered it.
legendary
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January 19, 2020, 01:35:22 AM
#4
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.
The next must be bitcoin to touch the other ATH too. It will have about momentum and so many even are about to come in the future. Dude, 10k looks so easy for bitcoin to be achieved in the next days or weeks later. The major correction will not occur again and just a small correction that will be happening in the future. Just take a look at what already happen in the last day and only a small correction for bitcoin.
So much good news is about to come and just prepare your self for the next rocket for bitcoin.

Halving and mimble wimble will bring a lot of hype for bitcoin. CSW has already failed to prove itself as satoshi and bitcoin is the only real bitcoin. There is no crypto can be a threat for bitcoin again.
hero member
Activity: 1624
Merit: 791
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January 19, 2020, 12:56:26 AM
#3
correction can still occur to cover the price gap that was jumped over. but the decline is expected to strengthen the foundation of an increase in psychological limits, it is likely we will no longer see bitcoin at $ 7000, it can still be assumed that bitcoin is experiencing a good trend if prices continue to rise and speculators also eventually spontaneously change their sentiments specifically for avoid liquidation.
sr. member
Activity: 1218
Merit: 251
January 19, 2020, 12:31:25 AM
#2
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.
member
Activity: 1204
Merit: 10
January 18, 2020, 11:54:54 PM
#1
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.
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