Bitcoin making it! It broke the 11,000 ceiling heading for 12k! - page 3.

Eugenar

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Quote from: Tictocgroup on March 03, 2018, 11:48:22 AM

Who else is really happy we might hit 15k soon XD!

I think the recent pump is due to the startups all over the news saying they're adopting btc.

I'm really liking this. The market is healthier now. Can't argue with a price pump lol.

I saw some good news from the banks too. Like Bank of America and a uk bank saying they're planning on getting into crypto

Indeed. Bitcoin is now again gaining momentum of recovery. It already reacheed the 12k mark at this moment. Hopefully the increase will now be continuous in order for its market price to fully recover from the crash this year. Hold now and invest because profit is on its way. There are expectations that its market value this year will be more expensive than last year and we should be excited for that because that means profit.

batang_bitcoin

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I'm happy too that bitcoin is starting to recover from the past. Its now at $11,400 so the last time it was about to recover before it went back to $10,000 it hit, $11,800. We are on weekends and I expected that many are cashing out but the price reacted oppositely with my expectation.

pixie85

hero member

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Let's see if it manages to break 11,700. This looks like a major support. If it goes the next stop will be right below 13,000.
I think we'll be bouncing back from these support for weeks before any breakthrough happens. It's not a great time for holders but if you're a trader you should make a lot of money this month.

Bagaji

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We all expect Bitcoin value to reach that height any moment from now and positive news and comments will help us actualize our dreams in crypto currency. And once Bitcoin value crosses $12k then it will be a strong sign that recovery has really started trading crypto currency.

patt0

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I agree with you, bitcoin is showing signs of a healthy recovery right now, and there is no reason to believe it will return to a bearish trend. Tis has been a very positive week, with over 18% gains, and no signs of profit taking wicks on a weekly basis. Of course that we still must see a break of the 12k level to be more confidant on the recovery, because bitcoin has been rejected on it's last attempt to break it, pulling back to $9300. If we get rejected again, I hope we don't pull any lower than 10k and this will still be a very bullish sign for BTC.

jakelyson

legendary

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It is too early to celebrate, this is the same level last week before it plummet to 10K again. Resistance is strong in this level. Let us wait til it break the resistance before we start speculating for the next ceiling.

cynical

full member

Activity: 490

Merit: 136

Its nice to see the rise of bitcoin,
it might gain some momentum and go on a bit of a run and then it might have a correction.
Historicaly bitcoin is slow to move in the first quarter of the year,
I have seen that posted here a few times.

jmlona

member

Activity: 279

Merit: 16

It's too early yet to say that the bear trend is completely over. There is a large resistance upwards of 11.5k. Even if this resistance is broken down and the price reaches 15k there will likely be another dip back down to 11/12k.

If it's too early to say we will recover to even 15k it's much too early to start calling ATHs anytime soon, even this year.

bitbunnny

legendary

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Seems like this is the good timing. Fees are low, Bitcoin price is rising.
But don't get too much excited because of that we all know how quick and easily situation can change. We would all like to see the price heading towards 15000$ or more but I think market isn't fuly ready for that yet and for a while the price might stay around 10000$ to 11000$.

arpon11

sr. member

Activity: 882

Merit: 282

Quote from: Tictocgroup on March 03, 2018, 11:48:22 AM

Who else is really happy we might hit 15k soon XD!

I think the recent pump is due to the startups all over the news saying they're adopting btc.

I'm really liking this. The market is healthier now. Can't argue with a price pump lol.

I saw some good news from the banks too. Like Bank of America and a uk bank saying they're planning on getting into crypto

I am just happy see this happening. I think we are close to were we started this year. Bitcoin will soon break this year high and heading to break last year high in December. $11,650 trading area has been broken this afternoon and I think after $12,250 we can said the bearish and ranging trends are over and we have resume a very serious uptrend or bullish market. May the god of cryptocoins be with us all.

peter0425

sr. member

Activity: 2618

Merit: 439

Quote from: bob123 on March 03, 2018, 01:23:57 PM

Quote from: buytheeffinD on March 03, 2018, 12:51:36 PM

We are nearing some critical resistance zones and if we are able to climb another $500, I believe 15k is right around the corner then for us.

While i don't think 15k is right 'around the corner' i agree with the general direction.
If the lightning network holds its promise and drives user adoption forwards, we might see another heavy bullrun, comparable to 2017, again.
Even if it still takes a few years until an implementation of hashed timelock contracts will be usable without any concerns, the adoption of BTC will come.
And so does the increase in demand.

Yes, I also agree that as we approach $12K again, its gonna very critical. Previously we have almost touch it, however, its not sustainable and the price went into another dip. I hope this time around it will be different. We are now within range again, around like $500. We need new investors to come in so that the price could be pump towards $15K.

That's why I'm no hurry for the Lightning Network implementation, it will eventually rolled out and will really push the price of bitcoin to another level. But right now I'm still satisfied with the price around the range of $12K-$15K.

bob123

legendary

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Quote from: buytheeffinD on March 03, 2018, 12:51:36 PM

We are nearing some critical resistance zones and if we are able to climb another $500, I believe 15k is right around the corner then for us.

While i don't think 15k is right 'around the corner' i agree with the general direction.
If the lightning network holds its promise and drives user adoption forwards, we might see another heavy bullrun, comparable to 2017, again.
Even if it still takes a few years until an implementation of hashed timelock contracts will be usable without any concerns, the adoption of BTC will come.
And so does the increase in demand.

buytheeffinD

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We are nearing some critical resistance zones and if we are able to climb another $500, I believe 15k is right around the corner then for us.

Quote from: Mometaskers on March 03, 2018, 11:53:54 AM

I'd be rejoicing more should it hit, say 25k. It's around 15k anyway last year before it hiked to around 20k. Sooner or later it'll get back to its ath anyway, people were just too nervous.

Of course bigger price is better but in due time we want it. The reason people got nervous is because it rose too quick and then when some started to sell, that caused a mass sell off of those who got involved. The weak money is now gone and it is smart moneys turn, as long as we continue to make higher highs and higher lows I am A okay with any trajectory.

pitiflin

hero member

Activity: 980

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A lot of exchanges have reduced the fees down, like binance and bitfinex. They are further implementing segwit address. So there's that. Furthermore there's something big coming up which is quite obvious for the price rise. There is somewhat a little more demand for bitcoin in the markets since the past 2 months.

Ranly123

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Quote from: Tictocgroup on March 03, 2018, 11:48:22 AM

Who else is really happy we might hit 15k soon XD!

I think the recent pump is due to the startups all over the news saying they're adopting btc.

I'm really liking this. The market is healthier now. Can't argue with a price pump lol.

I saw some good news from the banks too. Like Bank of America and a uk bank saying they're planning on getting into crypto

Let us hope for the best, as we see in the chart the climbing of bitcoin that would probably reach $50k by the end of this year. So much for the fuds and now the good news are coming which includes the adoptation of some banks on bitcoin. Regulations everywhere is also a good news indeed unlike some news which articulate the banning of cryptocurrency in some nations which leads to panic selling on investors.

Mometaskers

hero member

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I'd be rejoicing more should it hit, say 25k. It's around 15k anyway last year before it hiked to around 20k. Sooner or later it'll get back to its ath anyway, people were just too nervous.

yamete kudasai

member

Activity: 226

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Quote from: Tictocgroup on March 03, 2018, 11:48:22 AM

Who else is really happy we might hit 15k soon XD!

I think the recent pump is due to the startups all over the news saying they're adopting btc.

I'm really liking this. The market is healthier now. Can't argue with a price pump lol.

I saw some good news from the banks too. Like Bank of America and a uk bank saying they're planning on getting into crypto

That's indeed great to know. If the increase this time will be continuous, chances are high that it will be able to fully recover from the rough start it had early this year and has a chance to finally cross the 20000 USD mark this time. With that, continue investing now because surely, huge profit will be earned as its price increases.

Tictocgroup

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Who else is really happy we might hit 15k soon XD!

I think the recent pump is due to the startups all over the news saying they're adopting btc.

I'm really liking this. The market is healthier now. Can't argue with a price pump lol.

I saw some good news from the banks too. Like Bank of America and a uk bank saying they're planning on getting into crypto

Topic: Bitcoin making it! It broke the 11,000 ceiling heading for 12k! - page 3. (Read 337 times)