Bitcoin over $10,000 for the past 66 days - page 2.

Untomabur

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Quote from: DeathAngel on October 18, 2020, 07:47:18 AM

We’ve got a really solid floor now, we’ve seen a global pandemic & here we are still over $10,000. Expect six figured $ valued bitcoin next year. It’s going to be very exciting.

because the Pandemic I think Bitcoin is becoming popular, we know the work is now at home,
and people have full access to the internet, and Bitcoin is one of the best investment options,
$ 10000 for Bitcoin is a key level of the next bullish cycle, hope it can hold in this price

DeathAngel

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We’ve got a really solid floor now, we’ve seen a global pandemic & here we are still over $10,000. Expect six figured $ valued bitcoin next year. It’s going to be very exciting.

KTChampions

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Quote from: Saisher on October 18, 2020, 04:01:42 AM

Quote from: G.Belaci on October 01, 2020, 06:20:34 AM

Bitcoin has been above $10,000 since July 27 and attracts more young investors and crypto enthusiast. Will BTC ever drop under $10,000 ever again?

Anything and everything can happen in a highly volatile market just last March Bitcoin is trading at $5000 mark now after 7 months the price has double we really can't tell if the price will go down to blow the $10000 mark, because like what OP has said no one has predicted the coming of the pandemic, tomorrow it could be like $30000 it's hard to tell but always keep the faith.

The volatility in bitcoin is of course great, but I don't know what needs to happen for the price to quickly make x3. Probably something like the recognition of bitcoin as a currency by central banks, but as you understand it will not happen. I would rather believe in another rapid collapse than in rapid growth)

3meek

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God, save BTC!

I don't think that 10K has a strong meaning... It can go down to 8K, or rise to 12K... In a few years it may cost much more than we now imagine! Grin

Saisher

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Quote from: G.Belaci on October 01, 2020, 06:20:34 AM

Bitcoin has been above $10,000 since July 27 and attracts more young investors and crypto enthusiast. Will BTC ever drop under $10,000 ever again?

Anything and everything can happen in a highly volatile market just last March Bitcoin is trading at $5000 mark now after 7 months the price has double we really can't tell if the price will go down to blow the $10000 mark, because like what OP has said no one has predicted the coming of the pandemic, tomorrow it could be like $30000 it's hard to tell but always keep the faith.

worldofcoins

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I don't figure the cost will go up now since it's stable. There will be another accident in the future, and the market will tumble down again, and afterward, it goes up.
I am not generally secure with this, but rather it occurs in the past.
Whenever a bad event shows up, it upset the market, which impacts on bitcoin's cost.
However, after the bad event, cost improve enough than previously.
So I consider showing up on the bad event will be acceptable because you need to see an increase in cost.

piebeyb

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Quote from: gabbie2010 on October 02, 2020, 02:51:23 AM

Quote from: piebeyb on October 02, 2020, 12:43:21 AM

Quote from: G.Belaci on October 01, 2020, 06:20:34 AM

Bitcoin has been above $10,000 since July 27 and attracts more young investors and crypto enthusiast. Will BTC ever drop under $10,000 ever again?

Read the article if you also find it interesting: https://www.worldcoinindex.com/news/bitcoin-makes-new-record-completes-63-days-consistently-over-10k-the-longest-period-ever

I just analyzed that the price will stay the same right above $ 10k, but haven't shown anything to start yet, we know the bitcoin halving has happened, this is where we wait for the surprise about it in a year after, I think it's hard to play under $ 10k again

If the price didn't go below $10K after the news of Trump and Ivanka catching Covid-19 then it going to stay above the price mark, there was a temporary dump when the news filtered out however its seem the price had started picking up, some spot, forex pair also experienced a fall in the price that shows the strength of fundamentals news with regards to price movement and volatility.

You can see that currently the price is touching above $ 11k again, it doesn't show a big impact to the downside price for bitcoin, because usually after the bitcoin halving the price will continue to be like that and will go to the next rally in some time.

gurjasmeetsingh

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It is not time to predict about bitcoin. But l have surety bitcoin price will be grow up & to attract the people to invest in bitcoin. I think so.

imstillthebest

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Quote

Bitcoin has been above $10,000 since July 27 and attracts more young investors and crypto enthusiast.

why it attracts more young investors more than the old investors . young people tend to go outside and spend things that they like the most but older people have a serious view on thier life .

i did not notice that its been 63 days now where btc stays on the same range . isnt that amazing ? our wish of btc to become a more stable currency are now going to reality but your asking if btc will ever drop again , yes of course it will and the drop should not be question but the real question if where will that happen ? well thats a mystery now because btc are now changing its style .

Xxmodded

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Keep going on for bitcoin reach higher price above 12k$ and become good way because have trend for bitcoin at the end year for break out to higher price, last October bitcoin always make good thing how to bring positive news to give chance for many investor hold their assets and keep investing for reaching much profit, depend how external condition to make bitcoin keep going strong with higher price and keep profitable when have many investor together keep holding for last year moment to see bitcoin on the top price. Bitcoin could be good management investment for this year during have bad economic world condition like now during covid 19 still not stoppable more than one year without get vaccine.

uray

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Quote from: DarkDays on October 13, 2020, 09:46:18 AM

The volatility of the market can not take into account how other external economic factors might influence the market value of crypto, and thus can never be expected that dumping or jumping in whatever proportion will no happen.

For sometime the outside economic factors are having a major influence on the cryptocurrency market and it is spoken here in the forum as well that the changes in the stock market is directly influencing the bitcoin and cryptocurrency market.

Quote from: DarkDays on October 13, 2020, 09:46:18 AM

I think if people assume that BTC can not go below 10k and start investing only to find out that it can, it would be a petty and not to mention a huge risk.

The price can go in either direction as we have seen a fall in price last time which was around 70% when the bitcoin market corrected and right now if we have a 12% correction we would go below $10k.

I was not fully aware of the fact that the price was above $10k for the past 60 plus days even though i know it was above for quite some time, what it shows is that whenever the market is correcting there are huge investments coming in to hold the market.

konfuzius5278

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Quote from: DrG on October 04, 2020, 02:58:26 AM

Are you guys forgetting BTC sitting in the doldrums between $160 and $450 for essentially 2.5 years? People already now know the halvenings increased prices the last 2 times so I can assume the next halvening will not do anything to the price. More government support or bans (yes both of them) will drive price upwards. Seems many countries are happy to back it once they know they can securely collection taxation from trading.

I think not the halvening cause anything. It was the ICO Hype last time. So having a relation between two numbers dont need to mean there is a correlation.
Think of one thing we say in german:
There are less Storks here..... we have less babies---- so the storks bring the babies...

imteaz

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It mostly due to so many people buying bitcoin around the world. The more people buy, price will keep rocketing, however Whale is not moving their money yet, If they try to dump, then bitcoin might dump about 10% to 15%, but I am sure, it will come back over 10k, very soon. In near future, bitcoin might stable around $12k to $15k. It will be good for people who holding bitcoin for long time.

budi691

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the number of new adoptions makes the price of Bitcoin continue and tends to continue to increase, many new investors are interested in investing in Bitcoin, I believe bitcoin will increase far beyond what many people think

DarkDays

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Quote from: G.Belaci on October 01, 2020, 06:20:34 AM

Bitcoin has been above $10,000 since July 27 and attracts more young investors and crypto enthusiast. Will BTC ever drop under $10,000 ever again?

Read the article if you also find it interesting: https://www.worldcoinindex.com/news/bitcoin-makes-new-record-completes-63-days-consistently-over-10k-the-longest-period-ever

I think it is never a time where we can all agree that BTC won't drop under a certain value. The volatility of the market can not take into account how other external economic factors might influence the market value of crypto, and thus can never be expected that dumping or jumping in whatever proportion will no happen. I think if people assume that BTC can not go below 10k and start investing only to find out that it can, it would be a petty and not to mention a huge risk.

Vishnu.Reang

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Quote from: 7788bitcoin on October 12, 2020, 05:02:40 PM

I really do not think that the price of bitcoin is linked to the US elections. The stock market might have a change considering the policies they are planning to implement and i am not expecting the same change in the price of bitcoin even though i am hearing about the cryptocurrency regulatory framework for a very long time.

The US presidential elections of 2012 and 2016 had zero impact on the exchange rates of Bitcoin. I don't think that the situation has changed in a big way. If Biden is elected, the stock markets may go down for sometime, but that should not have an impact on the Bitcoin prices. Both the candidates are rather indifferent to the idea of cryptocurrency. They don't hate Bitcoin, and at the same time, they don't have any reason to love Bitcoin.

Slow death

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Quote from: G.Belaci on October 01, 2020, 06:20:34 AM

Will BTC ever drop under $10,000 ever again?

if it reached $10,000 it can also fall below $10,000. This should not be a question to ask, remember that bitcoin has already reached $19,000 and then dropped to $3000, so why couldn't it fall below $ 10,000? interestingly the day after you made this post the bitcoin price dropped to $ 9800. one cannot think that the price is very stable then it is impossible to fall below $10,000.

Quote from: 7788bitcoin on October 12, 2020, 05:02:40 PM

Quote from: Ayiranorea on October 09, 2020, 01:51:44 PM

This is something common pattern of growth with bitcoin, and I this growth will go until the days close to the US election. By then we can expect some
deflection, so it is time to make some profit from bitcoin volatility.

I really do not think that the price of bitcoin is linked to the US elections. The stock market might have a change considering the policies they are planning to implement and i am not expecting the same change in the price of bitcoin even though i am hearing about the cryptocurrency regulatory framework for a very long time.

I also don't see any relationship with these elections

and there we go again:

$17K Bitcoin price a real possibility if bulls flip $12K to support

Google+

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Quote from: 7788bitcoin on October 12, 2020, 05:02:40 PM

Quote from: Ayiranorea on October 09, 2020, 01:51:44 PM

This is something common pattern of growth with bitcoin, and I this growth will go until the days close to the US election. By then we can expect some
deflection, so it is time to make some profit from bitcoin volatility.

I really do not think that the price of bitcoin is linked to the US elections. The stock market might have a change considering the policies they are planning to implement and i am not expecting the same change in the price of bitcoin even though i am hearing about the cryptocurrency regulatory framework for a very long time.

It should be that if the case of the US Presidential election is withdrawn, there will be no significant influence on the price of bitcoin, it's just that maybe a group of whales who have a lot of money and maybe the people who control the world economy are trying to move the bitcoin market trying to make the price fall so that it seems to have a bad influence against the world.

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Quote from: 7788bitcoin on October 12, 2020, 05:02:40 PM

Quote from: Ayiranorea on October 09, 2020, 01:51:44 PM

This is something common pattern of growth with bitcoin, and I this growth will go until the days close to the US election. By then we can expect some
deflection, so it is time to make some profit from bitcoin volatility.

I really do not think that the price of bitcoin is linked to the US elections. The stock market might have a change considering the policies they are planning to implement and i am not expecting the same change in the price of bitcoin even though i am hearing about the cryptocurrency regulatory framework for a very long time.

There are many contributing factors why bitcoin is increasing in the market. The US election may have a lil bit part of it but identifying it as a major push to what's happening in the market is I think too much. But whatever the reasons are, of course crypto users are happy when bitcoin is continuously going up. Even with the pandemic crisis, here we are, bitcoin is soaring.

7788bitcoin

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Quote from: Ayiranorea on October 09, 2020, 01:51:44 PM

This is something common pattern of growth with bitcoin, and I this growth will go until the days close to the US election. By then we can expect some
deflection, so it is time to make some profit from bitcoin volatility.

I really do not think that the price of bitcoin is linked to the US elections. The stock market might have a change considering the policies they are planning to implement and i am not expecting the same change in the price of bitcoin even though i am hearing about the cryptocurrency regulatory framework for a very long time.

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