Bitcoin over $10,000 for the past 66 days - page 6.

btc78

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Eloncoin.org - Mars, here we come!

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 is no interesting about Bitcoin staying at $10,000 instead this is something we must be thankful,the 5 digits value has been
denied from us almost the whole 2019( not until september) and this is why i believe that this value is much better than dropping constantly.

and besides we can also see that Bitcoin value is trying to break 11k again though it is getting hard because the Defi projects is restricting this to happen,after pandemic now this Shitcoin hype is what bringing the coins lowering.

mk4

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Bitcoin staying above $10,000 is definitely great and makes it seem a lot more solid, but let's not think that because of this fact that it's going to be impossible for bitcoin to drop below $10,000. This could just give a lot more confidence for people to actually buy and hold bitcoin, but it definitely doesn't mean that people couldn't dump it to oblivion. Let's not forget that emotion is still a huge factor when it comes to pricing bitcoin and the cryptocurrencies in general.

hatshepsut93

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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?

Very likely yes, we are in a bit bearish market now, and we're not that far from 4-digit territory, so we can go there in a matter of minutes, if a sudden crash will come. I don't think that the fact was above X level for Y days really means anything - people though that prices below $4,000 won't be seen ever again when the market was bullish in the beggining of this year, and then the coronavirus crash came.

romero121

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Quote from: TravelMug on October 01, 2020, 07:48:13 PM

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?

No one can predict it BTC will go down to 4 digits. Price manipulation is still there, so we shouldn't be confident that we can stay above $10k, specially if whales decided to flex their muscle and manipulate the price and pull it down again. So everything is still possible.

Another scenario is that this is a bullish indicator, as we are on track of having its best second quarter.

https://cointelegraph.com/news/at-10-600-bitcoin-price-is-on-track-for-its-second-best-quarter-ever

So we might be on the road on breaking our previous all time high and setting a new one in the next coming months, 2021 perhaps.

With comparison to the rest of the market what we've been experiencing with bitcoin is simply the best. It has got good stability, but the manipulation by the Whales will be there forever. Somehow the panic wave should not arise, because out of panic there'll be big crash making opportunity for the whales. As said the even with Market manipulation there is no big drop in the value for a long. This way it is possible to reach a new ath by the start or mid of the year 2020. No surprise even if it happens by end of 2020 Shocked

TravelMug

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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?

No one can predict it BTC will go down to 4 digits. Price manipulation is still there, so we shouldn't be confident that we can stay above $10k, specially if whales decided to flex their muscle and manipulate the price and pull it down again. So everything is still possible.

Another scenario is that this is a bullish indicator, as we are on track of having its best second quarter.

https://cointelegraph.com/news/at-10-600-bitcoin-price-is-on-track-for-its-second-best-quarter-ever

So we might be on the road on breaking our previous all time high and setting a new one in the next coming months, 2021 perhaps.

passwordnow

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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?

It is volatile.
The answer is that it might be. This time we have a price that we can conclude to be bullish for bitcoin. Half from the all time high. While some alts went through their all time high by this year, who knows maybe, if bitcoin will go to another all time high anytime soon.

lanos925

newbie

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Nice reading, thanks. I hope, Bitcoin will continue staying above $10,000 as long as possible.

G.Belaci

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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

Topic: Bitcoin over $10,000 for the past 66 days - page 6. (Read 1212 times)