Topic: Bitcoin Price Reaches $8,100, a New Record High - page 3. (Read 651 times)

Technically bitcoin doesn't look so awesome in short term. It's overbought.

Divergence between new highs and RSI oscillator indicates that bulls are not that confident in further growth.
Small volumes of trades on new highs also means that big players are not participating in that.

Only one bad news is enough to break the balance.

i think from now on we will see every day a new high record and this is amazing for BTC!
We will always see some down after a new high because people want to make profit out of it by selling but right after the small down price going up is now the normal trend for BTC, keep calm and hodl your BTC because this roller costaster will not stop here.

I witnessed it went only at $8,000 and wasn't able to see it went at $8,100 though it's downing right now. Profit takers are verily active with monitoring the price of bitcoin it's now back at $7,980. But with these new record highs and all time highs there's only one thing that comes to my mind. Exaggerated speculations way back years ago is now happening, so this means that exagg speculations right now will happen for the next years to come.

Wow! I did not really expect it to happen before this month end since Bitcoin is lately tied with its value at 7800$. This is something to look forward in the future and the pribability of bitcoin to have a price un the market of 10000$ before this year end is becoming bigger. If the increase on its value will continue, it will surely be a good thing for its users and investors.

yes , It's upto highest value of the bitcoin.
I think it will break all the records next year might be touch to 15000$.

2017 was the record year for bitcoin. Bitcoin's price escalation following the failure of the SegWit2x fork has pushed the currency out of its $ 5,600 (on Sunday, November 12) to a new milestone hitting $ 8,050 within a week. Analysts expect the price of bitcoin to rise even further by the end of 2017 with the entry of institutional investors and retail traders through Coinbase, CBOE, Gemini and CME.

To further boost the market, which is eagerly awaiting the debut of Bitcoin on the CME stock exchange, the world's largest futures exchange, which is expected to happen by December 15, and also one of the largest exchanges in the world, Coinbase, introduced Coinbase Custody, another Bitcoin trading platform for institutional traders and retailers. At Custody Coinbase, large investors can invest a minimum amount of $ 10 million in bitcoin.

Now bitcoin prices have a large number of investment and a large number of miners support, in the short term, should continue to go up

Bitcoin Price Reaches $8,100, a New Record High


Bitcoin price has struck a new all-time high of $8,100 during Sunday’s trading, continuing its rally from the previous Sunday’s lows.

The world’s first cryptocurrency has hit a new record high of $8,100 (Bitfinex) as its resurgence from last week’s decline to $5,500, continues.
Sunday began with bitcoin trading at just under $7,800 and stuck under the ceiling for most of the day. At 17:15 (UTC), prices jumped above $7,900 in a 15-minute trading period. The swell turned to a spike which ended with bitcoin striking $8,100 at 18:15, a gain of over $300 in an hour.

At press time, bitcoin is trading to the dollar at $8,065.

Data from CoinMarketCap shows bitcoin now gaining 31.7% in a 7-day span. The previous Sunday’s decline was caused by a major sell-off by investors who shifted to offshoot cryptocurrency Bitcoin Cash, a trend that has since been reversed.
Overall, the total value of all mined bitcoin sees the market cap of bitcoin, the world’s most prominent cryptocurrency, and reach above $134 billion.

Data from CoinMarketCap shows bitcoin now gaining 31.7% in a 7-day span. The previous Sunday’s decline was caused by a major sell-off by investors who shifted to offshoot cryptocurrency Bitcoin Cash, a trend that has since been reversed.
Overall, the total value of all mined bitcoin sees the market cap of bitcoin, the world’s most prominent cryptocurrency, reach above $134 billion.