Bitcoin Price Moving Towards $9500 Mark - page 5.

migws

jr. member

Activity: 65

Merit: 1

Quote from: Harrydose on November 08, 2019, 08:53:38 AM

Bitcoin is likely to climb above $9500 USD as per many predictions. Although from November 7th Bitcoin continued to fall below trying to keep the support levels at $9200 USD, considered to be the realistic approach by the predictors.

Source: https://www.thecoinrepublic.com/bitcoin-bulls-strugling-to-surge-above-9500-mark/

It is generally surprising to see such a bitcoin price in late autumn. As usual, the price drops very much this period but this year the coin holds on. I think everyone will be happy to see increasing to $9500

ChrisPop

legendary

Activity: 2310

Merit: 1035

Not your Keys, Not your Bitcoins

BTC took the plunge down, but in my opinion this is just another bear trap. Just zoom out guys.. On the higher timeframes you can clearly see that we're still in a massive consolidation that I see as a re-accumulation period. I've just heard from one of my friends that the price of break-even for most miners is around 9000 USD. Like it or not, I agree with McAfee about the cheap prices that BTC is trading atm. Most people don't see it as they're not used to think with such big numbers but it is just math and the law of supply & demand Wink

Harrydose

newbie

Activity: 145

Merit: 0

Bitcoin is likely to climb above $9500 USD as per many predictions. Although from November 7th Bitcoin continued to fall below trying to keep the support levels at $9200 USD, considered to be the realistic approach by the predictors.

Source: https://www.thecoinrepublic.com/bitcoin-bulls-strugling-to-surge-above-9500-mark/

Topic: Bitcoin Price Moving Towards $9500 Mark - page 5. (Read 786 times)