Topic: BTC breaks 9k, are we on bull run? - page 2. (Read 1130 times)
at the moment, the maximum point that can be reached at the price of bitcoin is $ 9k. in fact, it's so close to the $ 8k range. however, there is currently no sign of the pump happening. although a little while ago the price of bitcoin rose so fast, but this seemed to be the maximum point. if there is a price increase that happens again, maybe it will happen a few weeks later, and I think it's just a recovery of the price to $ 10k, and it happens sustainably.
hi guys,
What are your thoughts guys? Will we see the 12-15k$ in early next month?
The price made almost hitting 10k$ just recently but did not even stay to $9k for a days because look at it now,cannot return back to 9k and this makes negative perceptions again from the incoming investors.What are your thoughts guys? Will we see the 12-15k$ in early next month?
Like what some of my friends says that they are being afraid of the volatility though i am encouraging them to at least review the volatile market that can give them instant profit if they are looking for soul thing but if they are wanting the technology?then this is the market for them.
if you take a different period of time, it will change significantly and in certain cases will show opposite trends.
Yes there is always variation in trends along multiple time frames like waves on a beach each has a seperate momentum and scale to its influence. The highs in BTC price we run into now relate to the lows of Summer of 2019 so for June to September this area was an area to buy and it would register alot of volume in that process. So now 9000 to 9500 could appear as resistance, harder to progress through.
Even if correct on that, its impossible to know how the market will react to the resistance but its a measure of strength how easily we surmount this wall.
My highest bet for the price of bitcoin after this halving is around $10K and nothing more. howeve, y'all should know that post halving is always a big dump and you need to prepare for that as well. Once we hit the peak of this halving expect the FOMO to die down which will bring about a big dump in market.
The question is, we would able to see another FOMO thing? Its unlikely to happen but who knows because this market is unpredictable and anything can happen unexpectedly.
When it comes to predicting prices when we are on halving event then i dont expect that much and i do treat it just like a typical day.Yes, sentiments or news is different but i dont expect that much because
i do go for long term aspect.
Breaking 9k price or moving some percentages on a day is just like a normal day here on crypto and it wont mean anything just like talking about bull run.
My highest bet for the price of bitcoin after this halving is around $10K and nothing more. howeve, y'all should know that post halving is always a big dump and you need to prepare for that as well. Once we hit the peak of this halving expect the FOMO to die down which will bring about a big dump in market.
This week will be the week where we keep going up, we are already at $9024... But with all the news coverage we will easily hit $12k in the next 2 weeks, easy.
Doesn't matter if Bitcoin hits $12k easily or not, as long as you're holding enough on your portfolio to receive massive profit when the block halving priced in.
Though bullish speculations may help increase the value of Bitcoin, but It does stressed out some of the investors who constantly checking on the price trend.
As long as you set a specific target and believed and tightened your risk tolerance to hit that specific figure, then all this speculations doesn't matter in the end.
Imo, the price movements these days doesn't signifies a bull.
Strange thing is I drew it below trend since the harsh sell March low and the recent high hit that as a ceiling but still its strong for now and hard to dispute in prospect as continuing upwards. I'll just throw out my rough view:
We got the rough weekly average below and we're in a positive phase and even 2 day average shows us quite strong in this movement. Its passed 200 day average and 50 previously and we have both measures now moving upwards daily. So certainly we got good appearance of strong trend to upside and reasonable to believe it will continue. Its quite normal we reset within that framework but I cant see exactly where that might occur, for now 8500 is a target below to watch.
We got the rough weekly average below and we're in a positive phase and even 2 day average shows us quite strong in this movement. Its passed 200 day average and 50 previously and we have both measures now moving upwards daily. So certainly we got good appearance of strong trend to upside and reasonable to believe it will continue. Its quite normal we reset within that framework but I cant see exactly where that might occur, for now 8500 is a target below to watch.
An interesting schedule, but if you take a different period of time, it will change significantly and in certain cases will show opposite trends. The problem with TA is that at any time you can draw two graphics (at different scales) that will show opposite signals. Therefore, I think that if TA can be used, it is only as an auxiliary tool for analysis, but not as the main one.
What are your thoughts guys? Will we see the 12-15k$ in early next month?
My initial prediction of Bitcoin's price this year is around 10-12k$.We saw already a pre-pump of Bitcoin days ago and it went to up to 9.4k$ until it made a drop up to 8.7k$ and now it is at 9.1k$. Well, I can speculate that we are in a bull run this year but don't expect that what happened last year will also happen this year. I mean it can happen but think also of the other side of it. The market cap of Bitcoin in 2012 and 2016 are relatively low thus, it is easier to pump the coin. Now the total market cap is at around $100+ Billion already.
12-15k$ next month is possible but the chances of it is at around 10-20% for me. I'd expect for a drop after the halving since the "Sell the news" thing is still possible but in the long run, I'd like to see an increase in price and maintain a 5-digit price
. 
This week will be the week where we keep going up, we are already at $9024... But with all the news coverage we will easily hit $12k in the next 2 weeks, easy.
Doesn't matter if Bitcoin hits $12k easily or not, as long as you're holding enough on your portfolio to receive massive profit when the block halving priced in.
Though bullish speculations may help increase the value of Bitcoin, but It does stressed out some of the investors who constantly checking on the price trend.
As long as you set a specific target and believed and tightened your risk tolerance to hit that specific figure, then all this speculations doesn't matter in the end.
Imo, the price movements these days doesn't signifies a bull.
This week will be the week where we keep going up, we are already at $9024... But with all the news coverage we will easily hit $12k in the next 2 weeks, easy.
Strange thing is I drew it below trend since the harsh sell March low and the recent high hit that as a ceiling but still its strong for now and hard to dispute in prospect as continuing upwards. I'll just throw out my rough view:
We got the rough weekly average below and we're in a positive phase and even 2 day average shows us quite strong in this movement. Its passed 200 day average and 50 previously and we have both measures now moving upwards daily. So certainly we got good appearance of strong trend to upside and reasonable to believe it will continue. Its quite normal we reset within that framework but I cant see exactly where that might occur, for now 8500 is a target below to watch.
We got the rough weekly average below and we're in a positive phase and even 2 day average shows us quite strong in this movement. Its passed 200 day average and 50 previously and we have both measures now moving upwards daily. So certainly we got good appearance of strong trend to upside and reasonable to believe it will continue. Its quite normal we reset within that framework but I cant see exactly where that might occur, for now 8500 is a target below to watch.
even if its only your opinion , this still sounds like a good financial advice because what your saying here is pure truth and close to the outcome of the next crypto movements . earlier i thought your going to say alts will rise becuase btc is rising but nope , instead you said alts will go down because you think people foccus to much on btc . those thoughts are still true aside from what i said earlier . xrp is also a good investment but i like to use my xrp the most when gambling . 9k is also a mini bull run for me 
Only time would tell and I like to believe that bitcoin will remain bullish throughout this year.
Bitcoin pumped to $9k and we know based on its trend that once it's bullish, nothing could stop bitcoin easily if its close to its ATH already.
For now, let's remain hopefully and bullish, the world is in global crisis now but crypto does not care, it's making a profitable movement that we all like to see, of course except those who bet on the short.
Bitcoin pumped to $9k and we know based on its trend that once it's bullish, nothing could stop bitcoin easily if its close to its ATH already.
For now, let's remain hopefully and bullish, the world is in global crisis now but crypto does not care, it's making a profitable movement that we all like to see, of course except those who bet on the short.
Price is starting to drop again, some whales just take profit and going to buy back at 7500$, i believe that btc is still in a bullish year. Just wait for the next pump.
I doubt the decline in bitcoin prices will reach a range of $ 7k. however, the current decline in the price of bitcoin only occurs in the range of $ 8k, and after that, it rises to $ 9k. I just assume that the price of $ 9k is currently unstable. however, halving will arrive soon, and I am not sure that many people are wasting this opportunity to keep holding their cash. These little 1-2k price movements are meaningless, get on with your life and lock your crypto away safley and look at it in 10 years.
By then it will be highly valuable and you will be happy you didnt sell for a %10-%20 profit years ago and never bought back in because you have been waiting for the price to go down. Meanwhile the BTC price is breaking over $500k
By then it will be highly valuable and you will be happy you didnt sell for a %10-%20 profit years ago and never bought back in because you have been waiting for the price to go down. Meanwhile the BTC price is breaking over $500k
I think few people listen to your advice here
No one wants to wait 10 years. And margin trading allows (with some luck) to significantly accelerate the waiting process. If you correctly guess the direction of the price movement, then you can make a profit much earlier than in 10 years. And every movement in 1-2k matters. I think most people here discuss the price of bitcoin in this context.
These little 1-2k price movements are meaningless, get on with your life and lock your crypto away safley and look at it in 10 years.
By then it will be highly valuable and you will be happy you didnt sell for a %10-%20 profit years ago and never bought back in because you have been waiting for the price to go down. Meanwhile the BTC price is breaking over $500k
By then it will be highly valuable and you will be happy you didnt sell for a %10-%20 profit years ago and never bought back in because you have been waiting for the price to go down. Meanwhile the BTC price is breaking over $500k
There are people who see the price going up so much, a lot of people get scared because there are some of us who buy when the price bottoms down, and sell when it reaches new highs. It really works almost all the time, sure there are times when the price double downs, so you see it go from 10k to 6k and you say its bottomed out and you buy from it, then the price bottoms even harder at 4k, however during those times remember that you already bought cheaper than many people so you be patient.
Or it could do the reverse, where the price is at 6k and you buy and it goes up to 9k and you sell because you think it peaked, but goes to 12k, in that moment you just wait as well because eventually it will fall. Basically this works, not the best strategy obviously but it works, takes a long time but it still just works.
Or it could do the reverse, where the price is at 6k and you buy and it goes up to 9k and you sell because you think it peaked, but goes to 12k, in that moment you just wait as well because eventually it will fall. Basically this works, not the best strategy obviously but it works, takes a long time but it still just works.
Price is starting to drop again, some whales just take profit and going to buy back at 7500$, i believe that btc is still in a bullish year. Just wait for the next pump.
absolutely no need to worry about the price of Bitcoin, from now on Bitcoin has entered the bullish stage, the accumulation of prices will occur in the range of $ 7000- $ 9000 will not be less than that 
What are your thoughts guys? Will we see the 12-15k$ in early next month?
Bitcoin's at around $8700 right now, and I think it's way too early to start calling this a bull market. What it is, is a rebound from before the coronavirus outbreak happened. Before all that chaos ensued, I was frequently declaring that 2020 was going to be a stellar year for bitcoin--and then the black swan reared its ugly head and then all of a sudden it didn't look like bitcoin was going to hit $10k this year.As to your question if we'll see $12-15k early next month....no, I don't think so. But I'll qualify that remark by saying that I've been wrong with my predictions more times than I can count--so you never know, and I do hope bitcoin gets to those levels. Maybe not as soon as next month, but perhaps this year would be nice.
Price is starting to drop again, some whales just take profit and going to buy back at 7500$, i believe that btc is still in a bullish year. Just wait for the next pump.
Jump to: