Topic: Do you think the price of Bitcoin can exceed 10 thousand dollars at the present - page 3. (Read 1024 times)
July 21, 2020, 09:50:36 AM
Guys, be ready for an upcoming move in the next 3 days max. It could be anything but I believe that most probably we'll be witnessing a $1-1.5k movement and it'll be so quick that either side the way it goes, the opposites will lose a lot of money just as many were getting rekt due to these trades. It's just that I came to know about something sort of an insider thing, let's see if it proves to be true. I believe we'll be see a bullish breakout, but whichever way it goes, it'll just rekt a lot of traders.
July 21, 2020, 09:38:03 AM
So what happen to that event?
Looks like failure is what brings to all since bitcoin did not even reached 10k since Halving?
or if does yet have not stayed for even a day?
sometimes expectation can kill us,so better not to expect much just let it happen.
Lets see in 4th quarter if what market will gives us.
Most crypto investors believe is that after halving the next trend is bullish market but they ignore the fact that the block reward reduced the more the market price momentum change which the first and the second bitcoin halving market trend was a prove. Aside that, there ard also some circumstances that will influence the market which one is the pandemic issue and my advise is that no one should expect bullish when it Q4 because this year market have already priced in. Looks like failure is what brings to all since bitcoin did not even reached 10k since Halving?
or if does yet have not stayed for even a day?
sometimes expectation can kill us,so better not to expect much just let it happen.
Lets see in 4th quarter if what market will gives us.
July 21, 2020, 08:28:19 AM
Its the halving event op and the price hasn't really increased that much(Just a $2000 bump) because many people including me are expecting BTC to reach $15K thanks to this event despite the current COVID situation.
We are just a couple of days away from this landmark event. Just imagine how high BTC could rally on that particular day. This is why many investors are basically buying and HODLING at the moment.
So what happen to that event?We are just a couple of days away from this landmark event. Just imagine how high BTC could rally on that particular day. This is why many investors are basically buying and HODLING at the moment.
Looks like failure is what brings to all since bitcoin did not even reached 10k since Halving?
or if does yet have not stayed for even a day?
sometimes expectation can kill us,so better not to expect much just let it happen.
Lets see in 4th quarter if what market will gives us.
July 21, 2020, 06:55:08 AM
Yes it can but there is a 50-50 chance, trading is a game of possibilities and we should have prior knowledge when it comes to price structure and price action. The current trend is sideways so basically the price is only making high and lows. The current crisis have effect to the price and it is the reason why price is doing sideways. There is a resistance at $10,000 but if the price managed to break it, then it can be a sign that the sideways is officially ended.
As of now we should watch the price especially for those trend followers who are buying when the price is in uptrend. Right now, swing traders have advantages to the current movement of the bitcoin because it is making swing low and swing high inside its support and resistance levels.
As of now we should watch the price especially for those trend followers who are buying when the price is in uptrend. Right now, swing traders have advantages to the current movement of the bitcoin because it is making swing low and swing high inside its support and resistance levels.
July 21, 2020, 03:41:43 AM
Whats happening with the bitcoin price pumping isn't known to anyone. It just goes on and on, based on the demand to the supply along with the good news circulating around accordance with the cryptocurrencies. As it is speculative even a negative news makes a big change in the market. This way the price of bitcoin can fall low as well as can reach the peak in no time. Reaching $10000 might happen soon, as the price seems to move within the $9100-$9500 limit sometimes it might take little more time.
As the price is already stabilized on the 9k I believe that exponentially is going to grow more.
If you see the price from the time that bitcoin was invented it is going every year.
New support levels are created and the price is more difficult to drop.
Price from few months are around 9500$ level mark or near this range only. Sometimes it rises or falls but overall it is above 9k range only. We have not seen it surpassing and getting stable for few hours also above 10k. So 10k is the level which it needs to break and get stable so that it can find the upwards momentum. Just seeing some 150$ spike in price and now moved up to a 9300$ mark.
July 21, 2020, 03:39:38 AM
We are still in this pandemic mode, nobody is investing but it is good that we there are strong support at $9k. I think some days ago the price went into $9400-$9500 but it wasn't enough. No momentum was build around it thats why the price didn't go to $10k.
I'm ok that Bitcoin maintain their stability even in this troubled times there's still a big support for Bitcoin not to crash, there's nothing to worry but we want more out of the situation, we want price to move up even slowly, I stopped watching the market because it's showing the same data for few months now, it seems nothing excite me looking in the market, but still patiently waiting, it will come in the right time.
July 21, 2020, 02:08:59 AM
But lets really hope for something best in the next year on bitcoins run if it will pump or not.
There are rumors and news slightly confirm, that in Autumn we will face new covid-10 wave. Cold weather, rains, people sneezing and coughing more. Expect the virus to spread with new strength and people have weaker immune system. To me, it looks like we need more time than 1 year to record and for price to start growth - I dont expect much changes in price next year either.
July 20, 2020, 03:57:17 PM
I guess that is like around 10% increase, so yeah why not? I mean that is not like too much for bitcoin to move so that looks like quite reasonable expectation if you ask me. I feel like you would not really expect bitcoin to fail 10% increase wouldn't you? The question is not that could it go up 10% it is not that, the real question is, will it go up or go down? Because if it goes down that means obviously it will not be $10k, but if it goes up, that means it will be $10k.
There is no "going up but not reaching $10k" because that is already under daily spread if its not $10k at that point. So, what do you think, will it go up? Will it go down? If you can answer this question, you can answer the $10k question as well, I feel like that is possible, I feel like it will definitely go up.
There is no "going up but not reaching $10k" because that is already under daily spread if its not $10k at that point. So, what do you think, will it go up? Will it go down? If you can answer this question, you can answer the $10k question as well, I feel like that is possible, I feel like it will definitely go up.
July 20, 2020, 02:39:32 PM
No, BTC doesn't really look that strong atm in order to be breaking $10k currently because nobody's gone insane to bet on anything except on their own lives in order to save the money and live a good life which won't be possible in future due to the fact that this pandemic has left us with almost nothing and has the potential to make a lot of people die due to starvation.
Exactly, nobody is willing to pull any big buy order to really create this sort of FOMO and drama and make some noise in the market.
These reasons are enough for BTC not to reach $10k as of now because nobody's investing, and it's a huge achievement for BTC to even remain close to $10k these days while the whole stock market crisis is yet to recover, but I see BTC to remain stable at this price for many more months to come.
We are still in this pandemic mode, nobody is investing but it is good that we there are strong support at $9k. I think some days ago the price went into $9400-$9500 but it wasn't enough. No momentum was build around it thats why the price didn't go to $10k.
July 20, 2020, 01:17:18 PM
As the price is already stabilized on the 9k I believe that exponentially is going to grow more.
If you see the price from the time that bitcoin was invented it is going every year.
New support levels are created and the price is more difficult to drop.
Technically support levels are varying according to different analysis. But, when we are seeing bitcoin prices are trading stable for months then we can easily assume that there are less chances for the prices to fall drastically out of any unexpected panic like how market reacted to covid19's initial spread out. So, I agree with your perception that there will be enough investors to support bitcoin for not falling down further any more.If you see the price from the time that bitcoin was invented it is going every year.
New support levels are created and the price is more difficult to drop.
Exponential growth is something I did come across more frequently by the times of 2015 and after that people had stopped to provide any such long term speculations for some reasons but started providing here only about short term trend. It may be to get support from active traders rather than focusing on long term holders through their technical analysis.
July 20, 2020, 12:42:48 PM
Whats happening with the bitcoin price pumping isn't known to anyone. It just goes on and on, based on the demand to the supply along with the good news circulating around accordance with the cryptocurrencies. As it is speculative even a negative news makes a big change in the market. This way the price of bitcoin can fall low as well as can reach the peak in no time. Reaching $10000 might happen soon, as the price seems to move within the $9100-$9500 limit sometimes it might take little more time.
As the price is already stabilized on the 9k I believe that exponentially is going to grow more.
If you see the price from the time that bitcoin was invented it is going every year.
New support levels are created and the price is more difficult to drop.
July 20, 2020, 09:23:02 AM
Whats happening with the bitcoin price pumping isn't known to anyone. It just goes on and on, based on the demand to the supply along with the good news circulating around accordance with the cryptocurrencies. As it is speculative even a negative news makes a big change in the market.
The reasons for pumping must be speculative. If you notice all the times of bullish run happened, you can find this simple reason. Yes, whenever there is a halving in bitcoin ecosystem, then bitcoin markets will be getting a strong bull run. So, bitcoin market does not need any big news to support its bull run but its basic economic rules are more than enough for triggering bull run on every four year. Because, bitcoin's supply mechanism itself got the power to induce demand among its adopters.Reaching $10000 might happen soon, as the price seems to move within the $9100-$9500 limit sometimes it might take little more time.
I guess investors are getting ready after pandemic has hit them badly; we must give them some time to get ready so that they will get back into action of bumping bitcoin markets. We must always consider world economic situations for expecting bitcoin market to have bull run. I mean bitcoin market will definitely have bull run to reach a new ATH as well but we must give it time. 
July 20, 2020, 07:07:21 AM
Well, right now I see that the possibility is very large. it looks like halving has made the price of bitcoin really stable at $ 9000. however, there is still a high possibility that the price of bitcoin will reach a higher price than the current price. Well, a few times the price of bitcoin exceeded the price of $ 10k in the previous months, it's just that it hasn't survived.
Bitcoin was stable at the $ 9000 before halving. Seems that halving did not even influenced bitcoins price or it is to early to speak about how halving influenced. Last year, in July bitcoin made some price changes, hope this year it will repeat.
It didn't influenced due to the fact that we are facing a huge crisis which bring a huge recession globally so expect that we will go stable for this price, and luckily we are standing at this price since imagine on where we are if no halving will occur maybe we can see some bad sights by now.
But lets really hope for something best in the next year on bitcoins run if it will pump or not.
July 20, 2020, 04:52:06 AM
Whats happening with the bitcoin price pumping isn't known to anyone. It just goes on and on, based on the demand to the supply along with the good news circulating around accordance with the cryptocurrencies. As it is speculative even a negative news makes a big change in the market. This way the price of bitcoin can fall low as well as can reach the peak in no time. Reaching $10000 might happen soon, as the price seems to move within the $9100-$9500 limit sometimes it might take little more time.
July 20, 2020, 02:41:15 AM
Well, right now I see that the possibility is very large. it looks like halving has made the price of bitcoin really stable at $ 9000. however, there is still a high possibility that the price of bitcoin will reach a higher price than the current price. Well, a few times the price of bitcoin exceeded the price of $ 10k in the previous months, it's just that it hasn't survived.
Bitcoin was stable at the $ 9000 before halving. Seems that halving did not even influenced bitcoins price or it is to early to speak about how halving influenced. Last year, in July bitcoin made some price changes, hope this year it will repeat.
July 20, 2020, 02:22:14 AM
Well, right now I see that the possibility is very large. it looks like halving has made the price of bitcoin really stable at $ 9000. however, there is still a high possibility that the price of bitcoin will reach a higher price than the current price. Well, a few times the price of bitcoin exceeded the price of $ 10k in the previous months, it's just that it hasn't survived.
July 19, 2020, 06:36:27 PM
In fact, Bitcoin has been in the $ 9,000-$ 9,500 range for quite a long time and cannot overcome this milestone. On the one hand, this indicates a certain stability, but on the other hand, I do not see any prerequisites for Bitcoin to be able to reach the 10,000 mark and even overcome it. At least in the near future this will definitely not happen.
As you have said, if bitcoin price pas $9500-$9700 maybe that is the sign that we can touch $10.000 easily and it doesn't take a long time. Yeah, it been a long time for bitcoin price consilidating and $9000-$9700 is the key level for bitcoin price move. We will see a huge dump when bitcoin price decrease below $9000. But so far, I really interested to see a heat map and some trader who liquidated with a huge amount of money. When bitcoin price will touch $9000 and below then there will be many buyer and for those traders who takes short position will be liquidated and when bitcoin price will try to increase more than $9400 there will be many traders who lose their money for those who takes a long position. Its always been a bumpy ride and there are really times that the market would move sideways on which us people would really have a hard time to determine on the next possible movement.
In talks of 10k price then we arent really that far off but the price had been tanking for how many months now.It might able to hit up the resistance but it do bounce back down and repeat the
same process but for sure we would really be heading for 5 digit price.The question would always be remain unanswered since this market is had been unpredictable since from the start.
For now its better to think on how you do utilize on accumulating yet the price might shoot up on upcoming weeks or even months.
July 19, 2020, 05:59:32 PM
In fact, Bitcoin has been in the $ 9,000-$ 9,500 range for quite a long time and cannot overcome this milestone. On the one hand, this indicates a certain stability, but on the other hand, I do not see any prerequisites for Bitcoin to be able to reach the 10,000 mark and even overcome it. At least in the near future this will definitely not happen.
As you have said, if bitcoin price pas $9500-$9700 maybe that is the sign that we can touch $10.000 easily and it doesn't take a long time. Yeah, it been a long time for bitcoin price consilidating and $9000-$9700 is the key level for bitcoin price move. We will see a huge dump when bitcoin price decrease below $9000. But so far, I really interested to see a heat map and some trader who liquidated with a huge amount of money. When bitcoin price will touch $9000 and below then there will be many buyer and for those traders who takes short position will be liquidated and when bitcoin price will try to increase more than $9400 there will be many traders who lose their money for those who takes a long position. 
July 18, 2020, 12:40:52 PM
There is a lot of news that probably will trigger a BTC price. We are still lucky that the dominance of BTC is not down too much even though we are in between the COVID-19 crisis.
That is the hope in this harder times. Bitcoin markets stayed stronger by recovering from the panic selling pressures. It is making me to assume like bitcoin has already defeated covid19 crisis. But I guess, this has not become possible if there were no halving was scheduled on this year. We are lucky pandemic and halving happened on same year which makes people to keep around bitcoins rather than switching into others.Reaching $10k and more would not have become a problem if there was no pandemic and economic crisis. BTC markets tried twice to test $10k levels but failed to hold but usually after halving, bitcoin markets do face small hiccups as new rewards are something new for miners hence they must need to settle down by getting used to new-reduced supply of BTC rewards long with their industry levels of mining process. But, it is going to be complete 2 months since the halving hence this is going to be the party time toward the current ATH and 2021 will be simply the repeating of 2017/2013 given that pandemic gets over along with vaccine for covid19.
July 18, 2020, 11:43:59 AM
These reasons are enough for BTC not to reach $10k as of now because nobody's investing, and it's a huge achievement for BTC to even remain close to $10k these days while the whole stock market crisis is yet to recover, but I see BTC to remain stable at this price for many more months to come.
We are still in this pandemic mode, nobody is investing but it is good that we there are strong support at $9k. I think some days ago the price went into $9400-$9500 but it wasn't enough. No momentum was build around it thats why the price didn't go to $10k.
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