Bitcoin Price has surpassed $12k!!! | Bitcointalksearch.org

wxa7115

hero member

Activity: 2814

Merit: 734

Bitcoin is GOD

Quote from: jostorres on October 30, 2020, 11:22:20 AM

There are emotional levels where people actually do not understand why it goes above or below those levels because indicators or anything else doesn't show it, only people's minds show it.

For example, $13.8k is like that, ever since we reached ATH at $20k and dropped under it, we haven't moved above $14k as far as I know, 2019 was $13.8k as well and maybe in some rare places it did moved beyond $14k but the average was around $13.6k or so at peak times and only went slightly above for a small time as well.

It means there is a great chance that bitcoin can't go beyond that level not because anything technical or business related, it is not going above that because it hasn't been above that for a long long time and people are not sure if it could even do that anymore so they end up selling before it reaches there.

This is something many never consider when they trade, many only look at the technical aspects but they never realize that behind each one of those charts there is the will of millions of people, personally I did not notice the 14k level was that important but I am going to check the charts and see it by myself, but if true then that level is going to be critical for all of those that are expecting a new ATH.

Right now we are close at it again with a price of 13750 and so far there has been only one serious attempt at surpassing that price which was immediately rejected.

jostorres

hero member

Activity: 2562

Merit: 586

There are emotional levels where people actually do not understand why it goes above or below those levels because indicators or anything else doesn't show it, only people's minds show it.

For example, $13.8k is like that, ever since we reached ATH at $20k and dropped under it, we haven't moved above $14k as far as I know, 2019 was $13.8k as well and maybe in some rare places it did moved beyond $14k but the average was around $13.6k or so at peak times and only went slightly above for a small time as well.

It means there is a great chance that bitcoin can't go beyond that level not because anything technical or business related, it is not going above that because it hasn't been above that for a long long time and people are not sure if it could even do that anymore so they end up selling before it reaches there.

STT

legendary

Activity: 4102

Merit: 1454

If it wasnt Friday I'd expect something maybe to happen but I think next week perhaps we move. Reason I was thinking maybe we move a large amount today is that we've been in a series of contracting range days which I assume does end in a large move one way or the other.

12k seems a fair test to me or about 11500 but before then we have some support in this upper range and it must take this before moving downwards. Theres nothing longer term to really push down or meet this move with a wall only the plain resistance of higher prices and possible selling in natural rotation of speculative trading. We can break upwards also and lately its been positive enough to continue doing that but I want to see if it can hold support at various levels.

darewaller

hero member

Activity: 2926

Merit: 640

The fact is, even years ago when bitcoin reaches to a point, it leaves a mark there and that mark could be legit technical stuff like resistance points or walls or anything like that staying from back in the day or it could also be a psychological one, where we would basically need to break over in order to actually feel like we are safe position.

$10K was psychological for example, we moved up and under that level for over a year, we did that multiple times since the famous 2017 December, it was something we did so frequently that I made a decent income from buying under $10k and selling over it. However this is neither technical nor psychological, this is more about ammunition, if we could keep this going with more buying power, we will see an easy $15k soon, all depends on the amount buyers have.

Febo

legendary

Activity: 2730

Merit: 1288

$13800 that happened yesterday is important that was ATH of 2019. So now we went higher then that. It is normal there was a resistance and we bounced back. We will have to attack it again. Maybe many times to go above. But I am happy we set new ATH of 2019 and 2020. Would be bad to see in charts in years to come if 2019 ATH would be higher then 2020.

wxa7115

hero member

Activity: 2814

Merit: 734

Bitcoin is GOD

Quote from: bitbunnny on October 25, 2020, 11:54:55 AM

At the moment Bitcoin price is slightly over 13k but I'm still not convinced that this is going to be the period of some bigger growth. We"ve seen many times so far that Bitcoin had troubles to keep the level that was omce reached. So far it looks that we can be optimistic but with some amount of caution.

I understand what you mean, this is a difficult level for bitcoin to keep and we know this is from the historical data we get from exchanges but at the same time we know that eventually bitcoin will have to establish itself at this level that is why people are questioning themselves if this is finally the time, and like always we do not know the answer that kind of question.

However bitcoin is slowly establishing itself above the 10k level and once the majority of its time is spent there then the possibilities we break out from the 13k resistance level become higher as well.

Inkdatar

hero member

Activity: 1582

Merit: 523

Quote from: Kopetunto on October 28, 2020, 09:44:58 AM

I am happy to see the price of bitcoin can break $ 12000 and now it is above $ 13000,
I have a lot of hope that Bitcoin can stay above $ 13000 in the future, and make room for altcoins,
because I see almost all altcoins are in decline.

Bitcoin price surpassed $13k and a lot of holders enjoying this momentum in the market. We still have the months before this year ends and I think the price could touch above $14k. I also observe some altcoins are declining but since the price is volatile we can see it bounce in its time.

Kopetunto

member

Activity: 630

Merit: 10

I am happy to see the price of bitcoin can break $ 12000 and now it is above $ 13000,
I have a lot of hope that Bitcoin can stay above $ 13000 in the future, and make room for altcoins,
because I see almost all altcoins are in decline.

Oasisman

hero member

Activity: 2716

Merit: 552

Quote from: bitbunnny on October 25, 2020, 11:54:55 AM

At the moment Bitcoin price is slightly over 13k but I'm still not convinced that this is going to be the period of some bigger growth. We"ve seen many times so far that Bitcoin had troubles to keep the level that was omce reached. So far it looks that we can be optimistic but with some amount of caution.

Bitcoin was actually holding in a specific range since $8,000. Though it usually doesn't keep the highest range, but that's kinda normal as short traders are always taking advantage of the mini pumps, so there will be short pull backs to be expected everytime Btc tends to make a run.
Unexpectedly, Btc rose above $10k and breaking many resistance amidst the pandemic, nobody knows this could be a bullrun like the 2017.
The cryptocurrency global market is slowly rising. I don't know what kind of news or price range would you guys prefer to be convinced that Btc is capable of making a huge run anytime.

Janation

hero member

Activity: 1722

Merit: 528

Quote from: carter34 on October 25, 2020, 05:39:33 PM

Quote from: bitbunnny on October 25, 2020, 11:54:55 AM

At the moment Bitcoin price is slightly over 13k but I'm still not convinced that this is going to be the period of some bigger growth. We"ve seen many times so far that Bitcoin had troubles to keep the level that was omce reached. So far it looks that we can be optimistic but with some amount of caution.

Yes it is a time of high caution for the trap is open for unlucky investment but the issue for this is nobody can tell what can happen in the market from now because it is not easy to get a prediction right. Cryptocurrency is not easy to know about the times for real bull.

We never know what will happen.

The price last time I checked was just sitting at $13K, now it is at $13.8K and it might go even higher than this in the upcoming weeks or months. Still, we should wait as the price might go break resistance at $14K. Still surprised it went over $13.5K, I thought it would just be at the mouth of $13K for weeks.

SquallLeonhart

legendary

Activity: 2464

Merit: 1102

It has surpassed 13k!! (But right trading just below $13k) People are happy about whenever bitcoin goes up, and there is nothing wrong with that, you could be happy about bitcoin as much as you want because you have the right to be happy about small increases in bitcoin world, however we have to realize that these are expected stuff, bitcoin should be going up during this period anyway, there is no way that bitcoin could stay at the same low levels or under $10k for a long time, this doesn't mean that bitcoin will never be under $10k ever again it could be under $10k again but this is not what we are worried about, we should be worried about bitcoin not going up fast enough instead of not going down.

$13K was a number I always expected, it is finally here, I said I would sell mine at $13k but I realized I know it could go a lot more than this and even if I have to wait years before that happens I will still hold mine.

Viscore

hero member

Activity: 3178

Merit: 661

Live with peace and enjoy life!

Quote from: carter34 on October 25, 2020, 05:39:33 PM

Quote from: bitbunnny on October 25, 2020, 11:54:55 AM

At the moment Bitcoin price is slightly over 13k but I'm still not convinced that this is going to be the period of some bigger growth. We"ve seen many times so far that Bitcoin had troubles to keep the level that was omce reached. So far it looks that we can be optimistic but with some amount of caution.

Yes it is a time of high caution for the trap is open for unlucky investment but the issue for this is nobody can tell what can happen in the market from now because it is not easy to get a prediction right. Cryptocurrency is not easy to know about the times for real bull.

Feels like nothing with a trap. They are not existed this time,I just boosted you and the people around because if we are thinking that thing could probably a reason why we can go far, people are then selling and it dump the price back low.
Yes, guaranteed not that the market will keep moving high but I wasn't thinking that whales are making this as a trap. In fact, they are not controlling the market in first palce and I don't want to rely the future of Bitcoin to their hands.

carter34

member

Activity: 1302

Merit: 25

Quote from: bitbunnny on October 25, 2020, 11:54:55 AM

At the moment Bitcoin price is slightly over 13k but I'm still not convinced that this is going to be the period of some bigger growth. We"ve seen many times so far that Bitcoin had troubles to keep the level that was omce reached. So far it looks that we can be optimistic but with some amount of caution.

Yes it is a time of high caution for the trap is open for unlucky investment but the issue for this is nobody can tell what can happen in the market from now because it is not easy to get a prediction right. Cryptocurrency is not easy to know about the times for real bull.

bitgolden

legendary

Activity: 2996

Merit: 1132

Leading Crypto Sports Betting & Casino Platform

Quote from: Clark05 on October 22, 2020, 09:48:38 AM

It's a good sign for the bitcoin that finally for the second time around we already saw the $12,000 per Bitcoin.
But don't expect to rise that coin if many people sell it again if we want to continue the rising of the bitcoin moat of the crypto investors will participate in holding and buying not selling all their assets but they really needed they can sell few but not all.

And now it has crossed 13K which means the market is moving ahead strong and fast. I am expecting even 15k by the end of this year and then we might touch a all time high price next year if no new pandemic or anything like that happens.

We sometimes forget how dull the market is and if the price of bitcoins is moving up in such times then imagine what would happen when all the financial problems are solved and people start investing into assets, lot's of people dumped a big part of bitcoins and asset during their bad times and now they would buy it back so the market is going to move ahead at a rapid pace and 2021 might be the year of bitcoins. Mark my words!

bitbunnny

legendary

Activity: 2912

Merit: 1068

WOLF.BET - Provably Fair Crypto Casino

At the moment Bitcoin price is slightly over 13k but I'm still not convinced that this is going to be the period of some bigger growth. We"ve seen many times so far that Bitcoin had troubles to keep the level that was omce reached. So far it looks that we can be optimistic but with some amount of caution.

wxa7115

hero member

Activity: 2814

Merit: 734

Bitcoin is GOD

Quote from: cryptomaniac_xxx on October 21, 2020, 07:24:51 AM

It surpasses $12k like hours again, but yeah it's good to see that levels again. But as I have said in a previous thread, $12.8 should be the next target and then we can talk of bull run. Otherwise, I'm still not comfortable as this might be a big psychological barrier for traders to make a sell-off and pocket their profits, specially who have been during the pandemic @$3k range.

We surpassed the 13k level and while right now we are slightly below that level we are still hovering near that level which is very close to the level that you consider critical, it is going to be interesting what bitcoin does from here, while there is still the possibility of a retracement at the same time I am not so sure we are going to see the 3k level ever again.

It seems bitcoin has left that level for good since not even the crash caused because of the pandemic could get it to those levels and if that was not enough to see the 3k level I do not know what kind of sell off will be needed on order to do so.

arwin100

hero member

Activity: 2632

Merit: 787

Jack of all trades 💯

Quote from: Yamifoud on October 25, 2020, 04:58:20 AM

Quote from: btc_angela on October 25, 2020, 04:13:12 AM

We can't ask for more if BTC stick to $13K (but I doubt), sentiments is leaning towards positive and the greed index is very high again. Meaning that people are in the FOMO and doesn't want to miss a thing and wanted to roll with crypto market specially BTC. So coming November, I'm expecting a continue price increase despite the looming US presidential elections, we might end at around $15k this 2020.

The current market momentum getting stronger day by day, keeping such a thing makes a way for an incoming huge hike. US election, PayPal collaboration, and many others, which I'm so positive that we gonna hit back to $14k-$15k range in the coming days. But then, I hope people won't get weaken their hands if they saw declines along the way as common things to happen in the market. And lastly, don't let FOMO drives them badly because this is the reason why many had badly ended their life in crypto investment.

People will not get panic if there's no huge news that can turndown there attention towards the current situation happening on bitcoins today but as expected for sure it will go to the figure you mention but best not to rely to much on positive pumps given since we are still unsure about the figures coming in future so best to do a short trades while waiting for the pump since it could give us a decent profit while waiting for the bull run coming.

Yamifoud

hero member

Activity: 2828

Merit: 518

Quote from: btc_angela on October 25, 2020, 04:13:12 AM

We can't ask for more if BTC stick to $13K (but I doubt), sentiments is leaning towards positive and the greed index is very high again. Meaning that people are in the FOMO and doesn't want to miss a thing and wanted to roll with crypto market specially BTC. So coming November, I'm expecting a continue price increase despite the looming US presidential elections, we might end at around $15k this 2020.

The current market momentum getting stronger day by day, keeping such a thing makes a way for an incoming huge hike. US election, PayPal collaboration, and many others, which I'm so positive that we gonna hit back to $14k-$15k range in the coming days. But then, I hope people won't get weaken their hands if they saw declines along the way as common things to happen in the market. And lastly, don't let FOMO drives them badly because this is the reason why many had badly ended their life in crypto investment.

btc_angela

hero member

Activity: 2660

Merit: 551

We can't ask for more if BTC stick to $13K (but I doubt), sentiments is leaning towards positive and the greed index is very high again. Meaning that people are in the FOMO and doesn't want to miss a thing and wanted to roll with crypto market specially BTC. So coming November, I'm expecting a continue price increase despite the looming US presidential elections, we might end at around $15k this 2020.

Janation

hero member

Activity: 1722

Merit: 528

Quote from: tbterryboy on October 24, 2020, 02:12:10 PM

Quote from: Janation on October 22, 2020, 09:56:20 PM

It is still going strong.

The time that we hit $11K, we can't climb at $12K and we just keep on slipping back to $10K and $11K. Right now, we didn't just break the resistance to $12K but we also went up to $13K and still sitting there proving that it might stick at that price for some time.

I am not going to sound negative but the price might come down a bit before the end of the year and stabilize around 12k for a few months as we enter the new year. I am a bit concerned that since the virus has only decreased and not even vanished yet and there is no tested vaccine either so maybe even the new year will go like this and the price might not hike by too much because it will take a long time to settle down for industries, investors, traders and even the stock market in general.

If at least BTC can hold the 10k value by the end of next year I would be really pleased and if the price goes up then obviously it will be a sweet surprise but at least it should never go below 10-11k now and that is my only expectation from BTC in the new year. Expecting less is sometimes better as you prepare for the worst and get surprised by the best.

We are still sticking at $13K.

I thought it would slide down to mid $12K and be chill in there but still, it is sticking at $13K. You might be right since we are still seeing the price of $13K and still not increasing, the resistance is still there, it is either the price of Bitcoin will stay or stabilize at $11K at the end of the year or I think a price that would slid going back to $10K.

Topic: Bitcoin Price has surpassed $12k!!! (Read 810 times)