I do not think this news is important, the price of $ 9000 is temporarily priced and not a point of stability($6000, $8000, $10000, $12,000).
The price is now traded within an ascending channel with a type of resistance, The 100 SMA is above the longer-term 200 SMA which means that the trend of resistance to rise more.
The bottom of this channel is $ 8200 and correction levels at $ 8700 which means that the expected rally will reach the $ 9300 barrier.
-In general, the price stability after last year's crazy gains is evidence of increased confidence and willingness to bet on these currencies
Topic: BTC Approaches 9k! - page 4. (Read 828 times)
The market condition is good as long as no more bad press is released. if it breaks $10,000 that would be a very important milestone for it to continue to improve.
perhaps but just keep holding don't mind if there's a negative news emerge again 'cause it can't destroy bitcoin journey to ATH..just keep believing it will exceed again 'cause that's the most important to achieve our target which is HODLING rather than panicking when there's a normal issues.
As of today the price of bitcoin is at $8,935.03 on coinmarketcap and is approaching $9000 value, Even if we are feeling the resistance in getting there I really think we can make a pump up to $9000, I really don't want to rush things because it might be bad for the value of BTC to reach that certain value for now and the objective is to keep the pace in a slow and sure manner.
It has been multiple times that Bitcoin has rejected going above 9,000$ and in my honest opinion BTC needs a pull back right now rather than attempt breaking the 9,200$ resistance level. With how BTC is rising and if it continues to do so, it might make BTC go into a bad position as it is going up while the volume is going down which signifies that BTC even though has broken the downtrend channel is still vulnerable on going back in it. So any correction above 8,200$-8,500$ is what we need to see, or even lower than that.
Right now it is working on the resistance point around $9000 and has been the past few days. If sometime this week it breaks through that that'll be a good sign. Could hit $10k in early May. It'll be a bumpy slow road back to $20k, but it'll get there eventually later this year. Going through this $9k resistance is the next step, after that hopefully by end of May it'll break through that winter double top around 11700 and maybe we'll see $12k to start June. Here's hoping!
The day is still young over here while it could be younger in some other places. The price currently is above $8900 which means that chances are high that the $9k barrier might be broken today and my agreement is not just some wishful thinking but because alts also have been witnessing some huge appreciation in recent times. However, touching $9k dollar today is not what matters but maintaining the fort today and tomorrow because every benchmark witnessed in this new era of recovery is not strong enough to bank on in my opinion in that, the market is fragile at this point and anything could make every recovery come crumbling that will necessitate another long period of wait.
The price is slowly pumping now and $9k is easy to achieve right now.
The bull market will be seen again and many investors will come again, I just hope that they will not exit the market easily.
Just a little push to break that $9k mark, and this will climb up to $10k for next week maybe. The bitcoin market is getting stronger everyday as a good that that we are now back in business. Let's hope that we can make a good rally to push the price higher.
bitcoin almost hit 9k its on $8,970 - 8940 $ level i think it will hit 9500 $ this coming 2 days its growing slowly
The price is slowly pumping now and $9k is easy to achieve right now.
The bull market will be seen again and many investors will come again, I just hope that they will not exit the market easily.
Technically, yes, there were some trades above $9k, but the price rapidly fell back and failed to stay above $9k. I do not consider it 'breaking'.
It will indeed be a difficult job to increase further, short term speaking. We have gone up quite a bit already, and now face serious resistance that basically requires the most out of the current market to break through. If we manage to maintain the $9000 level like we are maintaining the $8000 level right now, no doubt that we will eventually will break through $10,000 as well.
I however don't yet see any reason for much optimism. If we fall back because the market isn't ready yet for another push, which is very realistic, then we will likely fall back down a notch or two. The market already did more than what I expected, and that within a very small time frame, so let's see how much fuel there is left for now. I personally consider fair levels to be somewhere between $7500-$8000 levels. Aside from the sentiment, what has actually changed? Don't see much at all. The only thing that might be noteworthy, is that the frequent 1000BTC dumps haven't been seen for a while now. It's either that whales have completed their accumulation frenzy, or that they are preparing for another round once we don't break through the $9000 level comfortably and stay there.
That's right. I suspect it could turn out to be similar to two earlier failed attempts to break $12.5k in February and March. There will be another attempt at $9k, let's see how it goes...
Not so fast. So far all today's attempts to break $9k have failed. $10k may still be far away.
Where have you been? Go back and read my post #37. We already broke 9k mark.
Technically, yes, there were some trades above $9k, but the price rapidly fell back and failed to stay above $9k. I do not consider it 'breaking'.
I never seen the price reach $9000 though because I don't check the market price very often. But if it did for a brief moment and then it fell back a bit, means only one thing, the mental barrier is so strong and we might need a couple more days to overcome and finally surpassing it. This is just normal so I wouldn't be worry at all, unless we hit $9000 and then the price started to plummet again. There are still a lot of buyers around and it seems because they know they can't get the opportunity to purchased at cheap price if $9000 is broken and then marches toward 5 digits again. Let's see how it goes but I would say I'm confident that $9000 could be broken and at least goes to $9200 levels.
If Bitcoin price can breakout over 9200 it will head to 20.000 very fat. I placed my orders to buy more bitcoin around 9500$ and looks like its happening in this week.
Maybe we need some good news. I hope there will be no banning news in this week.
Maybe we need some good news. I hope there will be no banning news in this week.
bitcoin almost hit 9k its on $8,970 - 8940 $ level i think it will hit 9500 $ this coming 2 days its growing slowly
The price is slowly pumping now and $9k is easy to achieve right now.
The bull market will be seen again and many investors will come again, I just hope that they will not exit the market easily.
Bitcoin may be over 10K in a short time, and the market investors seem to have reached a consensus that bitcoin has been revised in the past few months in the hope that it can stabilize at the end of the month at 10K, and in the next month bitcoin and altcoin will have a chance to hit 20K, because the 2018FIFA world cup is coming......
Sooner or later it will probably hit the $10,000 before this month will end because this was predicted by the most of famous expert that by the 2nd quarter we will expect a bullish run of Bitcoin value and also if this will happen i believed that the big whales are now working to pump the value so all we need is to ride with them buy buying Bitcoin as much as we can then hold them and expect an another price pump by next month.
Bitcoin may be over 10K in a short time, and the market investors seem to have reached a consensus that bitcoin has been revised in the past few months in the hope that it can stabilize at the end of the month at 10K, and in the next month bitcoin and altcoin will have a chance to hit 20K, because the 2018FIFA world cup is coming......
I fail to see the correlation between the World Cup in a couple of months time and the rise of bitcoin. Could you shed some light on this, or you are just making any random comment? In fact I would want to believe that the opposite would happen, if we are to take any lessons from the recent Chinese spring festival and the 2018 winter Olympics which happened in South Korea in February this year, at the height of bans in those regions, and the theory is that the respective governments needed the populations to be liquid and stimulate the economy by spending rather than keep their investments in bitcoins or other cryptos. This could be applied in Russia soon, if they want to do the same. So I would not confidently say that a major sporting event like the world cup will have a positive effect on on crypto.
actually, i waited for this since 3 days ago, and always pay attention to preev, but, until recently bitcoin has not been able to break the price of $ 9000. well, hopefully tomorrow, or this week the price has been above the price of $ 9000.
Technically, yes, there were some trades above $9k, but the price rapidly fell back and failed to stay above $9k. I do not consider it 'breaking'.
It will indeed be a difficult job to increase further, short term speaking. We have gone up quite a bit already, and now face serious resistance that basically requires the most out of the current market to break through. If we manage to maintain the $9000 level like we are maintaining the $8000 level right now, no doubt that we will eventually will break through $10,000 as well.
I however don't yet see any reason for much optimism. If we fall back because the market isn't ready yet for another push, which is very realistic, then we will likely fall back down a notch or two. The market already did more than what I expected, and that within a very small time frame, so let's see how much fuel there is left for now. I personally consider fair levels to be somewhere between $7500-$8000 levels. Aside from the sentiment, what has actually changed? Don't see much at all. The only thing that might be noteworthy, is that the frequent 1000BTC dumps haven't been seen for a while now. It's either that whales have completed their accumulation frenzy, or that they are preparing for another round once we don't break through the $9000 level comfortably and stay there.
Not so fast. So far all today's attempts to break $9k have failed. $10k may still be far away.
Where have you been? Go back and read my post #37. We already broke 9k mark.
Technically, yes, there were some trades above $9k, but the price rapidly fell back and failed to stay above $9k. I do not consider it 'breaking'.
Well, it will take some time before we see the price touching more than ten thousand dollars, maybe it will take some weeks or even months to start seeing that on our portfolios. But with $9000 i am more than happy to be honest.
It is were into nearest point of bitcoin to hit that price. $10k maybe in the coming weeks so I am positive it will hit anytime. Yes who knows bitcoin price is really amazing it is a good profit.
Not so fast. So far all today's attempts to break $9k have failed. $10k may still be far away.
$9K is just around the corner, it maybe reach tomorrow, the slow progress is enough than a very fast increase that will just result a huge dump, $10k might be next month, who knows.
Not so fast. So far all today's attempts to break $9k have failed. $10k may still be far away.
$9K is just around the corner, it maybe reach tomorrow, the slow progress is enough than a very fast increase that will just result a huge dump, $10k might be next month, who knows.
Bitcoin has surged up to nearly 9000 usd. Many are rooting for a run to 10k at this point. The whole market is up because of Bitcoin's success. There still has not been any correction as many expected. Only time will tell just which way Bitcoin will be going in the upcoming week. At the rate it is going at now, the market may very well see bullish trends soon.
Yeah many are. "The whole market is up due to bitcoin's success". Lol. Pretty sure its not because of bitcoin's success. Its because of those pump/dump suckers. Bullish trends? So soon? Nah,possibilities are infinite but the occurrence is less.
Just like Bitcoin to overturn my predictions - whether I'm optimist or pessimist. Grumbling that it happened a week after I had to sell quite a bit, and will probably dip again when I get paid more coins in about 10 days.
I'm with you here on this one. 10k's always been the psychological mark but we already hovered above and below that, and coming out of this long slump, to break past 8k and 9k, would bring momentum all the way past 10. It'll depend on how long it can stay above 9k though. Right now at 8900 and looking a bit less steady than what it looked like when it smoothed past 8k.
The 9k area is a tough nut to crack imo. If we should break it next significant resistance would be not 10k, but 11300-11500 imo.
Right now we are in a rising wedge (12hr chart), almost at the end of it. Bitcoin tends to break these chart pattern upwards although it is a bearish pattern. If we drop I think we will try to find support at ~8400 again. Will be interesting to watch how it is going to play out the next couple of days!
Right now we are in a rising wedge (12hr chart), almost at the end of it. Bitcoin tends to break these chart pattern upwards although it is a bearish pattern. If we drop I think we will try to find support at ~8400 again. Will be interesting to watch how it is going to play out the next couple of days!
I'm with you here on this one. 10k's always been the psychological mark but we already hovered above and below that, and coming out of this long slump, to break past 8k and 9k, would bring momentum all the way past 10. It'll depend on how long it can stay above 9k though. Right now at 8900 and looking a bit less steady than what it looked like when it smoothed past 8k.
Not so fast. So far all today's attempts to break $9k have failed. $10k may still be far away.
Where have you been? Go back and read my post #37. We already broke 9k mark.
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