Bitcoin Just Broke $10k - page 2. | Bitcointalksearch.org

figmentofmyass

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Quote from: ryzaadit on August 01, 2019, 06:54:30 PM

Did everyone still hope to $8800 or maybe $5000? Keep Hoping ~LOL

be careful getting too confident. bitcoin tends to go further than everyone expects, in both directions. $5000 would be pretty crazy but down through the 20wma ($7900 rn) is "normal" for bitcoin.

the long term chart is most reminiscent of either 2012 or 2016. in either case, we're probably looking at another month or two of correction. maybe the bottom is in, maybe not. early bears got cucked on the last round, but you may find that early bulls get punished next time around. patience is a virtue in this market.

WinslowIII

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Quote from: Thirdspace on August 02, 2019, 06:45:35 PM

Quote from: ryzaadit on August 01, 2019, 06:54:30 PM

Did everyone still hope to $8800 or maybe $5000? Keep Hoping ~LOL

the possibility is always there, bitcoin could suddenly crash down to $5k
noone can guarantee 100%, we can only predict because currently the market shows bullish trends
and there is nothing special about breaking $10k, we've seen this a few times already
if bitcoin breaks $15k then it's a news, it would be the new peak price for this year Wink

Just think, the price went from $2s with 50 block rewards to $400s with 25 block rewards to $10k 12.5 block rewards. I wonder what prices 6.25 block rewards will be? And then 3.125?
Like Mcafee said, it's all in the maths. The train to own a whole bitcoin is moving...slowly...away......

Thirdspace

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Quote from: ryzaadit on August 01, 2019, 06:54:30 PM

Did everyone still hope to $8800 or maybe $5000? Keep Hoping ~LOL

the possibility is always there, bitcoin could suddenly crash down to $5k
noone can guarantee 100%, we can only predict because currently the market shows bullish trends
and there is nothing special about breaking $10k, we've seen this a few times already
if bitcoin breaks $15k then it's a news, it would be the new peak price for this year Wink

logfiles

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Wow, a green Friday.. Looks like we might be in for a good weekend and week.
Bolligerbands looking good on a 1-hour chart and RSI also not showing an over bought scenario yet after yesterday's pull back. Should be good to make some small profits while riding the small waves.
The 6 days or so have been so painful for day traders with barely any serious movements after the large drop.

WinslowIII

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Wake me up when 1 btc = $1,000,000. Then I will think about spending some bitcoin on something cool, but never selling for fiat. Wink

exstasie

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Quote from: BitHodler on August 02, 2019, 04:41:47 PM

The thing with Ethereum is that it needs to go back up without ICOs being the main price driver. Currently it's trying to gain ground as dapp platform as it was intended to be initially until ICOs took over and dominated everything.

I managed to grab some Ethereum sub $100 and have no problem holding them for a couple of years if needed. I still think that Ethereum is the number two coin based on use and demand, and that by far.

The transition to POS (first via hybrid POW) should significantly change the accumulation/distribution dynamic, just like it did with DASH. It'll create strong incentives to buy and hold and disincentives to sell. It's also still the most robust decentralized blockchain to launch tokens on top of. It definitely has staying power. And altcoin season will come eventually, it's just hard to say when.....and a lot of people will lose a lot of money waiting for it.

dark08

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Before bitcoin broke the $10k most people think it will go down to $8500 level which is change direction and broke the $10k level this is only a proved that no one can predict the direction of bitcoin price, but right now I'm selling my bitcoin and converted to USDTwaiting to price drop.

BitHodler

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Quote from: Slow death on August 02, 2019, 12:36:43 PM

ETH reached $1200 and today is $ 217, that's very scary

It's even scarier when you think about how it dumped below $90 when everything was tanking. On the other hand, what other people consider scary is a fantastic entry point for those looking to get in at a better price.

The thing with Ethereum is that it needs to go back up without ICOs being the main price driver. Currently it's trying to gain ground as dapp platform as it was intended to be initially until ICOs took over and dominated everything.

I managed to grab some Ethereum sub $100 and have no problem holding them for a couple of years if needed. I still think that Ethereum is the number two coin based on use and demand, and that by far.

Slow death

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Quote from: ryzaadit on August 01, 2019, 06:54:30 PM

Did everyone still hope to $8800 or maybe $5000? Keep Hoping ~LOL

the current price may be $10400 but you need to see that there is no good news for the short term people are probably buying because of halving and so it may be possible to drop the price to $ 7000 and after a few weeks go back increase in price

Quote from: ryzaadit on August 01, 2019, 06:54:30 PM

The problem for me, altcoin price keeping rekt because of these movements my BTC only have 20%, 20-30% Fiat & 50% at Altcoin.

altcoins have not been shown to be strong projects so that they achieve their independence, if altcoins are strong projects in the real world then they will have a good future.

ETH reached $1200 and today is $ 217, that's very scary

Lanatsa

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Quote from: Oceat on August 02, 2019, 11:05:30 AM

Yeah, finally after a long week of staying at $9k it did grow to $10k now and i think this month would be the time for breaking a new resistance might be $14k or $15k. It might fluctuate slowly from $10k to $15k slowly before this month ends and i hope it would stay at $12k to $13k next month as the price correction starts.

Dropping below 9300 price is the best spot if you are shorting and on the current price which is the best time to short it up.Waiting for another pull back on sub 10k

price then rinse and repeat. We did broke the 10300 resitance. Next stop is on 12k price if we do able to have a break out then we can expect for it to shoot up but well
all of these things are speculations. Cool

Oceat

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Yeah, finally after a long week of staying at $9k it did grow to $10k now and i think this month would be the time for breaking a new resistance might be $14k or $15k. It might fluctuate slowly from $10k to $15k slowly before this month ends and i hope it would stay at $12k to $13k next month as the price correction starts.

klaaas

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Keeping it there or beyond is the target for now. I wonder when some bears show up to test the market. If they keep still this can push on higher on the charts. Lets see how the upcoming days play out.

Botnake

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Quote from: ?? on ??

If demand will eventually increase, more than $10k is possible to to happen one of this days. We should monitor closely the trend of the market, but be careful not to dump your few holdings aside from your main asset. Stay within control and don't be over excited with the current spikes, it might crash with minimal value.

Demand can't be seen directly, there is a demand but at this moment, it's more on the speculation from investors that drive the increase of the price.
We can only say there's a steady increase of demand if bitcoin moves steadily uptrend, for now, it's not yet happening.

arpon11

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Quote from: Whaleagent on August 01, 2019, 04:11:37 PM

https://whaleagent.club/bitcoin-bull-break-above-10000/

The bulls have done it!! We broke 10k, we broke the daily resistance, we broke the EMA resistances, it's a good day for the bulls!

After the significant interest rate cutting, this is really expected. It could have been a big surprise if Bitcoin did not break the resistance at $10,000 because many good news were hitting the market through this week.and we are having the impact of that news on the market currently. The $10,278 resistance has been broken also and that has turned to the next support as the 50 moving average is moving close to that area. The next level that we would see a strong fight with the bear again should be around $10,800 and $11220 and if those level are broken before the end of the weekend then expect bitcoin to create a new high of the year 2019.

sunsilk

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Quote from: 1Referee on August 01, 2019, 06:06:26 PM

Quote from: sunsilk on August 01, 2019, 04:15:08 PM

I wonder on how long it shall stay on $10400.

It depends on how we will be dealing with the multitude of resistance levels we're going to face from here. The easiest way is down, but very short term speaking, this move is bullish, but I just can't see the price make it past the first lower high of ~$13,200. Best case scenario is a second lower high of ~$12,000 which will provide a good shorting opportinity.

Volumes globally are quite low, where even the CME futures are just doing like 2000 contracts worth 10,000BTC per day. This isn't something you want to see when you hope for the price to make higher highs.

As I'm expecting, it pulled for a while ago and I thought that will be continuous. The movement that I'm starting to check every few minutes seems to be fast and I'm just used to check it from time to time because of its movement character to be rapid.

I guess I'll remain optimistic with anything it can result for the next few days.

ryzaadit

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Did everyone still hope to $8800 or maybe $5000? Keep Hoping ~LOL

With the past downtrend, That's was really good to make all indicator on a normal again before start to the new trend so we just not make a fomo. Honestly, I already suitable for with the price right now. The problem for me, altcoin price keeping rekt because of these movements my BTC only have 20%, 20-30% Fiat & 50% at Altcoin. Hope we can break the next resistance.

samcrypto

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Quote from: pinacolada on August 01, 2019, 05:51:27 PM

Bitcoin has been steadily going up for 4 days. Since this trend is very well established, I think it will continue going up in the same manner. If it continues going like this it could break $12,000 tomorrow.

Hoping for this one too and I also hope to see the market of altcoins to grow as well. If bitcoin goes to $11k level, i know it can easily go back to $13k and go for the price of $15k. We need to be prepared for the peak price, buy more just like what I’m doing. Its cheap and you will not regret on buying, its bitcoin.

Questat

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Quote from: pinacolada on August 01, 2019, 05:51:27 PM

Bitcoin has been steadily going up for 4 days. Since this trend is very well established, I think it will continue going up in the same manner. If it continues going like this it could break $12,000 tomorrow.

That's all we want to see, it's has breach $10K again and let's hope it will not again fall but instead it will break resistance again.
It's been a while since it pump over $12K but I know that quite long correction is enough to make bitcoin stronger again in breaking high resistance.
We have a good start this August just like last month, but let's see if we can end this month with a new high this year, hopefully we can.

1Referee

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Quote from: sunsilk on August 01, 2019, 04:15:08 PM

I wonder on how long it shall stay on $10400.

It depends on how we will be dealing with the multitude of resistance levels we're going to face from here. The easiest way is down, but very short term speaking, this move is bullish, but I just can't see the price make it past the first lower high of ~$13,200. Best case scenario is a second lower high of ~$12,000 which will provide a good shorting opportinity.

Volumes globally are quite low, where even the CME futures are just doing like 2000 contracts worth 10,000BTC per day. This isn't something you want to see when you hope for the price to make higher highs.

pinacolada

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Bitcoin has been steadily going up for 4 days. Since this trend is very well established, I think it will continue going up in the same manner. If it continues going like this it could break $12,000 tomorrow.

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