This article is quite interesting, it's true that since the end of July until now Bitcoin has always been above the price of $ 10,000.
This proves that Bitcoin's performance in two months is very stable, this is what makes some new investors start to be interested
in investing in Bitcoin. Especially if Bitcoin at the end of this year is able to return to a price of $ 12,000. I'm sure more and more
investors will decide to buy Bitcoin. Based on my analysis, the Bitcoin price will no longer fall below $ 10,000. Because Bitcoin price
support at $ 10,200 is very strong.
Topic: Bitcoin over $10,000 for the past 66 days - page 5. (Read 1212 times)
The current price of Bitcoin is well in relation to the price we observed at the beginning of the pandemic. Although it has had a setback I am optimistic that we are in a bullish race. The best expression about Bitcoin is that its price is unpredictable. Bitcoiners have a long experience of its behavior which makes them strong and consistent with their support.
Bitcoin is a digital assets, which many industries and individual need for trading and purchase of goods and services, therefore bitcoin movement has been maintain the price range of 10,000 for mare than 2 months now. Hopefully with a little time bitcoin price break out from the current price.
This is unpredictable. But you can assume for your own reference, like, if the time comes that the price drop below $10,000 for sure people will sell their coins, while big investors still remain holding theirs, beginners surely panic of the little drop off, but it is normal to feel that way, which is cause of a little by little decreasing of its value. But bitcoin is strong enough to crash down.
I am glad to see the price is stable but we can't say anything since its volatile.
Its been 3 months and the price is still above $10k which can be considered as a good sign of growing bitcoins.
It's giving confidence to a new investor but it doesn't mean they put all their money into it.
Volatile means anything can happen anytime. We all can hope that the price will increase more in the future.
I hope Bitcoin won't go down for a long period. But I found an article with this prediction.
Quote
Seeing today's moment the algorithm says that the price of Bitcoin (BTC) tomorrow will be around $9,704.9850.
https://www.cryptoground.com/bitcoin-price-prediction I think BTC will be traded around 10k area and go up from here. There will not be 3k price anymore.
Sure. Just like how a lot of people have been saying in 2018 that "bitcoin will not go back down $5000". But what did we get? A Drop back down to $3000 levels. It helps a lot to not be absurdly bullish in this industry.
This is unpredictable. But you can assume for your own reference, like, if the time comes that the price drop below $10,000 for sure people will sell their coins, while big investors still remain holding theirs, beginners surely panic of the little drop off, but it is normal to feel that way, which is cause of a little by little decreasing of its value. But bitcoin is strong enough to crash down.
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.
a source: https://www.cftc.gov/PressRoom/PressReleases/8270-20
Maybe bitcoin will drop below $10k again, but that will not happen for a long time because, after that, the price will be back to up to $10k. But there is a possibility that bitcoin price will reach below $10k, especially if many people sell their bitcoin because of panic. We hope that moment will happen, and even if that happens, bitcoin still strong to lift the price again. But if we see the price now, the dump comes again at the market, making the price down for more. These situations do not just happen to bitcoin, but many altcoins have the same thing, so that we might see another bear trend this weekend.
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
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
The price of Bitcoins tbh is very much unpredictable.
If the Price increases, then it's only due to the demand of the Coin.
If the demand will be less, then gradually the price too decrease.
But deep in our heart, we all are waiting for the moment when BTC will again hit 20k USD like the 2018 December thing.
Let's Hope for the best.
I'm not really about the $10k price though, I believed that we still need another crash and then bounce back, and from then on it will be another bullish run for the market. So I still have that idea inside my head, so making me a bit cautious at the current price movement. If I'm wrong then good, at least I'm not that kind of person who think that we are going to be on the bullish side every time we hit a good price and it this case, $10k for the past 66 days.
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 againRead 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
OP should move this topic to Speculation. Cause anything related to bitcoin price belongs to that subforum.
Your topic is pretty reletaed to this one Bitcoin Sets Record 63 Straight Days Closing Above $10,000
If bitcoin price stay above 10k usd range for more days, it's better to discuss there rather than creating new topic after every few days.
Let's have a look at the price chart during this time. Bitcoin was going to drop under 10k at the first week of September. Actually it dropped below 10k for a while but the closing price of the day was above it. So we can ignore the fact. And I think bitcoin price will drop under 10k usd in future for sure, maybe sooner or later.
Your topic is pretty reletaed to this one Bitcoin Sets Record 63 Straight Days Closing Above $10,000
If bitcoin price stay above 10k usd range for more days, it's better to discuss there rather than creating new topic after every few days.
Let's have a look at the price chart during this time. Bitcoin was going to drop under 10k at the first week of September. Actually it dropped below 10k for a while but the closing price of the day was above it. So we can ignore the fact. And I think bitcoin price will drop under 10k usd in future for sure, maybe sooner or later.
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 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
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
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
1.Bitcoin will drop under 10,000 USD again for sure.We just don't know when it will happen.
2.Where are the "young investors and crypto enthusiasts"?I don't see them.Maybe there are a few new investors here and there,but that doesn't lead to a "snowball" effect,driving the cryptocurrency adoption even further.There's no impact over the Bitcoin price as well.
The assumptions about an army of new investors and crypto enthusiasts joining the crypto world are just wishful thinking without any facts.
I think BTC will be traded around 10k area and go up from here. There will not be 3k price anymore.
Sure. Just like how a lot of people have been saying in 2018 that "bitcoin will not go back down $5000". But what did we get? A Drop back down to $3000 levels. It helps a lot to not be absurdly bullish in this industry.
2018 was the year after the big ass bubble so it was the bursting year and just like when nobody can predict where the highest price of a bubble is going to be (ie. predicting $20k) nobody can ever predict when the lowest price of a reverse-bubble is going to be (ie. predicting $3k) and both of them are unrealistic and unnatural prices and just like a bubble they both burst with the difference that reverse bubbles could take longer to burst.
i'd argue that those talking about bottom (like the $5k you mentioned) were talking about value not price even if they didn't know it.
The fact Bitcoin have managed to stay above 10k for two months is very interesting.
Probably it is a signal that its volatility is decreasing a bit, even though, I would not be surprised if dropped again. It is still a volatile asset but hopefully it will become less and less volatile as its acceptation grows.
BTC
Probably it is a signal that its volatility is decreasing a bit, even though, I would not be surprised if dropped again. It is still a volatile asset but hopefully it will become less and less volatile as its acceptation grows.
BTC
I think BTC will be traded around 10k area and go up from here. There will not be 3k price anymore.
Sure. Just like how a lot of people have been saying in 2018 that "bitcoin will not go back down $5000". But what did we get? A Drop back down to $3000 levels. It helps a lot to not be absurdly bullish in this industry.
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
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
Will Bitcoin drop under $10k again? Yes, of course, because the bitcoin price fluctuates. If you follow the bitcoin journey, you will see that bitcoin prices have volatility, and the price will always up and down. You can see bitcoin price can increase today, but tomorrow, bitcoin price can decrease, and that will be like that. But I guess many people like those situations because they can try to buy bitcoin when the price is down, and they can sell it when the price is up. That can be their way of making a profit from bitcoin.
We can hope that bitcoin prices can still increase more than just the price now, which will happen in the future. Even if we don't know when it will happen, we don't have to worry because bitcoin prices will increase at the right time.
I think BTC will be traded around 10k area and go up from here. There will not be 3k price anymore.
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