Bitcoin over $10,000 for the past 66 days - page 4.

Yatsan

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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?

It is indeed that it has been too long since Bitcoin have reached its $10,000 price mark which is really good for it do attracts new comers that wanted to get engage into it as well as potential investors finding alternatives since the stock market have been affected by the current can crisis and situation our world is facing as of the moment.

With regards to if Bitcoin will ever drop again under $10,000, yes the possibility is always right there for its price is volatile and we cannot deny that fact for Bitcoin possesses such characteristic as well as the other existing crypto. But we must just hope for the best things to happen although we must be ready and open for the possibility that it might just happen in no time.

cheezcarls

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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 just hope that Bitcoin would stay above $10,000. It's now a critical level for BTC to start a bull run by maintaining the price above $10k. I know that the market cannot be predicted easily, and anything could happen like we were wrong about Bitcoin maintaining the $10,000 level.

For me, there's a possibility that it would go below $10k briefly, but may go back up again. It depends on the recent and upcoming circumstances that is happening around the Bitcoin and crypto world these days.

glowing10

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Quote from: Becky666 on October 04, 2020, 07:45:48 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.

Well, nobody can tell at the moment because the Bitcoin market hasn't been growing positive due to series of issues in the community. Currently we have been around $10.8k and below but the issue here is, the market might go down because Bitcoin is finding it very much difficult to cross the $10.8k. So, logically the price of Bitcoin can't be said because its not a stablecoin and at that, it's a volatile coin, bitcoin can either go up or down anytime without our consent.

There has being some drop in the price and back to 10600$ now. It is not finding the resistance above it seems and may be first target will be crossing the 11k mark and then 12k would be the next big huddle. Expecting this year end to close above 12k atleast and if that happens will be a good boost for all of us.

Becky666

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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.

Well, nobody can tell at the moment because the Bitcoin market hasn't been growing positive due to series of issues in the community. Currently we have been around $10.8k and below but the issue here is, the market might go down because Bitcoin is finding it very much difficult to cross the $10.8k. So, logically the price of Bitcoin can't be said because its not a stablecoin and at that, it's a volatile coin, bitcoin can either go up or down anytime without our consent.

Golftech

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Quote from: UmerIdrees on October 04, 2020, 05:00:24 AM

Quote from: DrG on October 04, 2020, 04:34:00 AM

I'm going to forget I sold at $5 after recovery from $2 Cry

This might be biggest mistake of your life. I understand at that vey money you would have been very happy that you have not only recovered the loss but also sold the bitcoins at a profit of 3$. But now you will regret that if only you could have saved the bitcoin until 2017, you would have sold it for 19000$+.

Who really knows what would be the future of bitcoin?6-7 years after before it really bloomed and make a $20,000 value.

All of us had sold Bitcoin at very low and when the value hit that highest?

we all felt bitterness and regret the very moment we sold our precious bitcoin but this needs to happen.
because now we value the coin as what we have to do years before.

Leviathan.007

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Just like any other bitcoin investor I hope for the price to break this resistance area and go up. But according to the TA is made a few days ago I think bitcoin currently needs to fill the price gap on 9700 usd and then we can see the higher prices. However, since the price is kinda stable right now I can't expect to fill the gap at this time. However, according to the ATR rules, after these spin movements it's completely possible to see a sharp movement on the price.

yazher

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Indeed this is a new record since last year we had the stronghold on $8,000+ which is hard to decline. Now the good thing about the price of BTC in the market is the $10,000 mark which has the longest streak since the beginning of this year. This is a good indication of the best is yet to come if the price won't decrease in this last quarter of this year. Maybe the next time it drops its price will be the last time and it might continue to increase to the point of we are recording a new ATH. so keep holding guys, we will not see the $8,000 mark again if we hold firm to our purpose of not selling it at the low price.

UmerIdrees

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Quote from: DrG on October 04, 2020, 04:34:00 AM

I'm going to forget I sold at $5 after recovery from $2 Cry

This might be biggest mistake of your life. I understand at that vey money you would have been very happy that you have not only recovered the loss but also sold the bitcoins at a profit of 3$. But now you will regret that if only you could have saved the bitcoin until 2017, you would have sold it for 19000$+.

DrG

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Quote from: iv4n on October 04, 2020, 04:22:33 AM

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 didn't forget that, I was here in that time! People talked about how $1k is impossible, how $500 if far away! Look where we are now, for two months over $10k, I would say it's a new bottom, from here bitcoin can just go higher. And halving will affect the price, not right away (halving never had effects on the price in the first months after halving). Believe me, we still wait to see the effects of the last halving on the price, and with this new bottom next year have chances to be really crazy for the entire crypto market and all of us!
Nice read, short and positive article for all bitcoin lovers!

Although bottoms for BTC have no basis in the real world unlike real mined materials like copper, I think $3k is the new $450 and $1200 is the new $160. Remember the $160 only hit because of a fat finger on BTCe. The rest of the time it was mostly above $200. The mostly is $3k where it stayed above for 1 year, and then recovered to $650-$750 pattern before the halvening hype.

I'm going to forget I sold at $5 after recovery from $2 Cry

iv4n

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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 didn't forget that, I was here in that time! People talked about how $1k is impossible, how $500 if far away! Look where we are now, for two months over $10k, I would say it's a new bottom, from here bitcoin can just go higher. And halving will affect the price, not right away (halving never had effects on the price in the first months after halving). Believe me, we still wait to see the effects of the last halving on the price, and with this new bottom next year have chances to be really crazy for the entire crypto market and all of us!
Nice read, short and positive article for all bitcoin lovers!

mk4

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Quote from: ?? on ??

But it not growing for the last 4 weeks. We need to fix this

There's nothing to "fix" necessarily. It's just that people haven't realized the importance of a disinflationary and permissionless currency. Though hopefully they will sometime in the future; though unfortunately most will realize it when it's already too late.

With that said, you can definitely help speed up adoption. Create a good bitcoin-related product that will help educate or make the lives of people better.

DrG

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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.

int03h

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The longer it stays above $ 10,000, the stronger will be bitcoin's bullish potential. I'm very optimistic that BTC will grow to a new ATH soon.
This week we had two bad news: Bitmex Exchange was accused of money laundering and US President contracted COVID 19 Virus but Bitcoin did not depreciate much. We can see the current $ 10,000 level very solid.

worldofcoins

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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

There are fewer chances for bitcoin to fall again.
Many markets and banks start accepting it which means more people will invest in it.
I can see a bright future of bitcoin since its stable and not going down. It's volatile but it also give the green signals to all investors.

mk4

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Quote from: bestfriendyb on October 02, 2020, 06:35:15 AM

But maybe time is different. I did not believe btc will go up in 2018 when people saying like that. Now, People talk much about BTC will fill CME gap.

Well, that's the point. No one knows what will happen in the future, and bitcoin being somewhat "stable" and not dropping below a certain pricepoint in 2 months doesn't mean that it couldn't drop down that pricepoint some time in the future. Some people are really misunderstanding and making bad conclusions using this information.

FlightyPouch

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What we know is that the price of bitcoin is not that easy to predict. With the attention it is getting from some time now, I don't think it would fall under $10K now, I don't even think that we might be seeing another 4-digit price this year. The price is still pushing above $10K, earlier we can't go above $12K, right now the price is also sliding down at $11K, but still, I don't think it will be under $10K/

carter34

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The price of $10,000 is not stagnant. Bitcoin is volatile and can move in any direction. Don't be surprise if it goes far beyond $10,000, is just the way sometimes.

Quote from: claire_lovely on October 02, 2020, 07:22:53 PM

I could really see Bitcoin reaching $1,000,000 eventually, usage will only keep growing.

It is not that this is impossible to happen but it depends on the time that you have for it which is lacking in your post because you didn't provide it.

coolcoinz

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When we went above 10k in 2017 I believed that a drop to 10k would already be big and there would be no need to fall lower, so of course it's possible to go lower as Bitcoin depends on the world economies, stocks, fiat currencies, politics... One thing is certain, the lows are getting higher. While last year 3k was the low, this year the price seems to hold 5k pretty good. There was a small spike below but it was the result of low liquidity on exchanges. I feel like at this point if anything goes wrong we'll still bounce back from 5 or 6k. Next year you can expect even higher lows.

michellee

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Quote from: claire_lovely on October 02, 2020, 07:22:53 PM

I could really see Bitcoin reaching $1,000,000 eventually, usage will only keep growing.

That is the highest price for bitcoin to reach in the future. We don't know when bitcoin price can touch that price, especially the bitcoin price is still below $15k. But who knows, our dream to see bitcoin price will be at that price in the future, we will have much money, especially for people who own many bitcoin in their wallet. So before the bitcoin price increases, we should buy more and more bitcoin, but we always need to calculate and manage how much money we should invest in bitcoin. Bitcoin price still stable until now, and it doesn't give much moving at a price. But the time will come for bitcoin price to increase.

claire_lovely

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I could really see Bitcoin reaching $1,000,000 eventually, usage will only keep growing.

Topic: Bitcoin over $10,000 for the past 66 days - page 4. (Read 1212 times)