Topic: Bitcoin popped $10 000 - page 3. (Read 1021 times)
Few days after the halving people are looking on the market, everyone is hoping that we finally reach the $10k level and from there never look back, but it will still take several months before we feel the effect of the halving, the market will still go down and up and correct itself but it will eventually rally for another all-time high.
10k is just a round number, it slides off the tongue and its easy reference but its the areas around it which are important and for different reasons. So yea 10050 to 10500 is important because it relates to Feb pricing and prior historical levels but the big thing I'm watching for is a higher high, we've had two in a row and its a match to a positive trend. If we can get a 3rd new high after the March bottom then I have to forget being negative on BTC especially, its doing well to continue to ring the bell regularly like that.
Its not the flip to five figures that matters exactly just the significance within a pattern imo, a chart always makes this clearer but I cant post one just this minute.
Its not the flip to five figures that matters exactly just the significance within a pattern imo, a chart always makes this clearer but I cant post one just this minute.
10k is a strong level with huge resistance.
I think that if we are going to reach it again the price is going to be dropped again as there would be a lot of people who would like to hold even if the halving event is already over.
I think that if we are going to reach it again the price is going to be dropped again as there would be a lot of people who would like to hold even if the halving event is already over.
Although we have completed the halving, it seems that we're still in the momentum so we may reclaim $10k soon, before the end of this month.
It's at 9.3K as we speak, up we go!
$9500-$9600 as I type this reply.
So I'm still optimistic that we are going to hit $10k very soon. I think whatever you call it, bubble or something, bitcoin price is cyclical, we hit some ceiling before going down again. It's just the nature of it, the good thing is that we still have a lot of leg room to see the price going into another bubble, it might take years again before we can finally see that all-time-high again.
I was happy seeing this gain on 7 of May 2020 only to wake up this morning to see another heavy lose of above 12% within 24 hours. It seems some one or one of the big whales plays smartness on others.
12% increase and 15% decrease is very interesting, as experts say in 2017, Bitcoin is a bubble that may still be valid, $ 10,000 and drops back to $ 8600
We should stop using the bubble thing when we discuss Bitcoin we are past that issue five years ago, if it's a bubble it should burst at the current condition in this pandemic, let's just focus on the supply and demand and adoption of the project and where Bitcoin is heading.
I was happy seeing this gain on 7 of May 2020 only to wake up this morning to see another heavy lose of above 12% within 24 hours. It seems some one or one of the big whales plays smartness on others.
12% increase and 15% decrease is very interesting, as experts say in 2017, Bitcoin is a bubble that may still be valid, $ 10,000 and drops back to $ 8600
As of now, I wouldn't call bitcoin a bubble, we're still in the 4 digit, I'm sure you have seen the what happened in 2017 started that year ~$1k then reach all time high in December @$19k that is a bubble.
Although we have completed the halving, it seems that we're still in the momentum so we may reclaim $10k soon, before the end of this month.
Corrections happen in basically all financial world, it is not new and it is not for the first time in bitcoin neither. Just check before pandemic and what happened. I can literally give you the dates as well. On February 13th the price of bitcoin was around 10.3k and that was the yearly high as well, on march 7 the price was 9.1k instead, now that is not the big fall because of the pandemic that happened a week later when it dropped under 5k which was basically half of what it was in a week.
Bitcoin literally had similar correction before the pandemic, which was literally only 2 months ago, we are doing the same thing once again. Unless something like another pandemic is waiting for us in another week I think we are going to be better very soon.
Bitcoin literally had similar correction before the pandemic, which was literally only 2 months ago, we are doing the same thing once again. Unless something like another pandemic is waiting for us in another week I think we are going to be better very soon.
I was happy seeing this gain on 7 of May 2020 only to wake up this morning to see another heavy lose of above 12% within 24 hours. It seems some one or one of the big whales plays smartness on others.
12% increase and 15% decrease is very interesting, as experts say in 2017, Bitcoin is a bubble that may still be valid, $ 10,000 and drops back to $ 8600
I was happy seeing this gain on 7 of May 2020 only to wake up this morning to see another heavy lose of above 12% within 24 hours. It seems some one or one of the big whales plays smartness on others.
Bitcoin price is $8,745 right now. It is expected and big whales move in the same direction, they bought bitcoin to drove the price up and whenever it is high enough they will sell and collect precious gains then the cycle will start again after a while. Actually normal traders and noobie enthousiaste are those who lose their money not big whales.
I was happy seeing this gain on 7 of May 2020 only to wake up this morning to see another heavy lose of above 12% within 24 hours. It seems some one or one of the big whales plays smartness on others.
A little pull back at the moment, with just a few days to the bitcoin halving, we should see some bullish momentum. Since not much rally before the halving, I am pretty optimistic we will see much more after the halving,the amount of dumping by miners will obviously fall and encourage some price action
not a small full back because yesterday the price made another fall of more than 11% from 10,000usd to 8,700usd and this is bad indication while we are few days before halving.almost everyone thinks that the price of bitcoin will rise even higher. however, now it seems that many people are quite disappointed with the achievement of prices after $ 10k. however, at this time the worst possibility is that we start halving with prices under $ 10k. there is still 1 day 18 hours since I wrote this before halving. I hope the price will pump again soon.
There is a problem why thinks that below 10k is disappointment ?though this is halving time yet the price is enough to be contented as i know there will me a little by little growth until we reach another Hype. almost everyone thinks that the price of bitcoin will rise even higher. however, now it seems that many people are quite disappointed with the achievement of prices after $ 10k. however, at this time the worst possibility is that we start halving with prices under $ 10k. there is still 1 day 18 hours since I wrote this before halving. I hope the price will pump again soon.
Disappointments come when you put too high expectations. Yes, it did hit $10k, but it is too much for some traders that's why they sell-off to take some profits at the side. And what is wrong when post-halving price is ~$10k though? It doesn't change the narrative that bitcoin is still a good leverage or investment? So we have to wait and see what will happen post-halving, we might see a decline, but we shouldn't be affected, let bitcoin ecosystem takes its course.
almost everyone thinks that the price of bitcoin will rise even higher. however, now it seems that many people are quite disappointed with the achievement of prices after $ 10k. however, at this time the worst possibility is that we start halving with prices under $ 10k. there is still 1 day 18 hours since I wrote this before halving. I hope the price will pump again soon.
A little pull back at the moment, with just a few days to the bitcoin halving, we should see some bullish momentum. Since not much rally before the halving, I am pretty optimistic we will see much more after the halving,the amount of dumping by miners will obviously fall and encourage some price action
For the last few days it seemed that Bitcoin is heading towards 10000$ rather fast. However, now it pulled back a bit.
I wouldn't make drama out of it, it's kind of expected and it the upcoming period price will probably continue to fluctuate. 10000$ resistance barier obviously isn't so easy to break. Still, it's possible but it takes time.
If bitcoin is pulled back hard, it will drop back to $9k but if it is boosted and breaks $10k, I believe it will head towards $13k range before dumping again. I don't feel shocked if bitcoin will be boosted to $13k range in next one or two weeks. A reminder for traders, it is not a time for margin tradings with high leverages. Don't be too greedy and lose all your profits that you have earned temporarily on table with the ride of bitcoin. Taking care and save your profits should be a first priority at the moment. I wouldn't make drama out of it, it's kind of expected and it the upcoming period price will probably continue to fluctuate. 10000$ resistance barier obviously isn't so easy to break. Still, it's possible but it takes time.
For the last few days it seemed that Bitcoin is heading towards 10000$ rather fast. However, now it pulled back a bit.
I wouldn't make drama out of it, it's kind of expected and it the upcoming period price will probably continue to fluctuate. 10000$ resistance barier obviously isn't so easy to break. Still, it's possible but it takes time.
I wouldn't make drama out of it, it's kind of expected and it the upcoming period price will probably continue to fluctuate. 10000$ resistance barier obviously isn't so easy to break. Still, it's possible but it takes time.
Hold on tight for a while because bitcoin is going down for a while. It's your chance to prepare your money to buy bitcoin but don't be rush because we don't know how deep bitcoin price will go down. Analyze first before you buy, be patient will help you to get the time to enter the market. But we hope that it is just only another little correction before the halving.
Bitcoin seems to be rejecting $10k at this time.
Everytime it breaks $10k, pulls straight back below.
Everytime it breaks $10k, pulls straight back below.
All of us who are involved in cryptocurrency expect and believe that very soon the price of Bitcoin will be more than 10 thousand dollars. In the long run, it could be as close to 20,000 as in 2018. However, most investors are reluctant to sell in the hope of making a profit as soon as the price rises a little, in the name of price collapse. I think we should all take note of this.
-snip- But what more interesting is how it is going to hold after the halving. Can it sustained it run a few days after or will there be a massive dump because everyone wanted to take profit at a side? The price increase doesn't seems to be organic, yes there is FOMO and sell the block halving news. So the anticipated part is how it will do post-halving.
The dump will definitely happen and it has been set by Whales as the owner of a bigger capital.Whales has an important role in manipulating the market. After Halving is finished, you must remain vigilant and don't buy at high prices. Selling and taking profits before Halving has a good decision. FOMO is now successfully making Bitcoin back towards the price of $ 10,000 but side effects will definitely occur. Just waiting for the time, where will Bitcoin go.
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