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Topic: Good news! Bitcoin Price Breaks $10K Barrier - page 3. (Read 1058 times)

member
Activity: 135
Merit: 12
Call me Mr. Hans
Not into price prediction a lot but I GUESS it will go past 11086 in the next 3 hours. Next wave if you look at the 30 min chart. Like you said even if not... this is already bullish. hope i don't jinx it Smiley)
hero member
Activity: 1624
Merit: 645
Bitcoin is currently trading above the 12 and 26 daily EMA's which have crossed bullish on the daily chart. It is also approaching another daily resistance at $11086, if we break that it's gg. Even without breaking it, the bulls have definitely proven they are still in it, the weekly chart is still super bullish and the shorts are still at all time lows on Bitfinex.
member
Activity: 135
Merit: 12
Call me Mr. Hans
Charts are bullish... we already had some gains and history tells us we should expect more.
Sentiment is past hope reaching optimism.
Halving is 10 months away.
Lot of infrastructure around investing in bitcoin already developed during the bear market.
Federal Reserve Interest Rates low so more money as the last bull will flow intro bitcoin.
Stocks at all time high with more and more political heat going on trading (trading affects stocks). That money will search a new home. Bitcoin has it's own way not following the stocks so that would be attractive.

All this is aligning together to a point in the near future. Already started. This does not mean price goes straight up. 30-40% corrections where on the menu last time and will be this time also.

The top? who knows... i would love to hear some ideas what people think maybe a poll would be good. 

I have a suspicion that Monero will go up when people will cash out on bitcoin. maybe good for a trade instead of shorting bitcoin from top, (if you can time it) better go in monero that (i think) will have a steady grow as SOME people cash out from bitcoin into something private. That way you stay away from shorts and go a little longer with monero.

What do you guys think?
sr. member
Activity: 980
Merit: 261
Bitcoin is very bullish we can expect btc to cross previous all time high prices  like 20 thousand dollars and even analyst believe btc may touch 50 thousand dollars by next year

Maybe the correct term is bitcoin is volatile and not bullish because most of the time the price or value goes ups and down and we cant see any similar run like what happened last 2017 bull run if the bull run happens again that is the first time after 2017.
hero member
Activity: 2632
Merit: 546
Well it's a good news for now that the price of bitcoin breaks the barrier, it give us hope for a greater result that it will continue to rise for the next few days. But I don't wanna expect a lot since this is just a start.

Yeah, don't get too excited by this sudden uptrend. But in the last 3 weeks or so you will hear people saying that bitcoin can go as well as $7500  Grin. I guess in the end, we shouldn't underestimate the price movement. I mean yes TA can help us, however, when we can't really predict where the price would go so it's better to keep calm and not expect a lot so that we won't be disappointed at the end.
copper member
Activity: 1120
Merit: 2
You are right However, I think Bitcoin. This year, 20000 will not cross. Because Bitcoin is not increasing its target.Most of the investor wants now Bitcoin price will high very soon.
sr. member
Activity: 1176
Merit: 301
At least it is being stable in 5 digit or close in 5 digit zone.
Let's just wish that it wouldn't get down below $5K again like before.
So for now let's just enjoy it there are some who still thinks that it could get way higher than $15K before this year ends.
full member
Activity: 1638
Merit: 122
I believe that bitcoin is on the right green path.  Having overcome the period of corruption, he goes upward.  I think that by the fall it should be about $ 15,000.
What do you mean by "corruption"? Bitcoin was never corrupted. Its price dropped because people sold. Simple as that. Why do you people keeping using such emphasis on topics without any reason?

i guess what he mean when he says corupted is when the price goes down  but corruption do have a different meaning and shouldnt be used on this kind of  discussion  .  they are lots of them that uses inapropriate words including that user above  , i guess they are only doing it to keep thier sentence different and not repettitive from what they have post before   .

now lets get back on track  , btc breaks 10k usd again is indeed a great news because this gives us another hope for a new ath   . hopefuly the price can continue to grow this time
full member
Activity: 459
Merit: 104
In the next 60 days the bitcoin price will continue to hoover at approx this value 10 000 USD/1 bitcoin.

Then, probably in September the bitcoin price will start to increase (from 9000 USD/1 bitcoin) up to (very probable) 14 000 USD/1 bitcoin.

We do not know what will happen next, but it is very probable that at the end of 2023, 1 bitcoin will have a value of
500 000 USD.

legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
I believe that bitcoin is on the right green path.  Having overcome the period of corruption, he goes upward.  I think that by the fall it should be about $ 15,000.
What do you mean by "corruption"? Bitcoin was never corrupted. Its price dropped because people sold. Simple as that. Why do you people keeping using such emphasis on topics without any reason?

What will happen at fall or Q4 is still a mystery. I guess people are hoping to see another December 2017 pump. But let me tell you, it wont happen anytime soon because that pump was backed by the BCH forking-led accumulation of bitcoin and the tether manipulation by Bitfinex. Keep those aside and bitcoin would just be hovering around 10k like usual. This is the organic price of what should be. Dont aim too high, you would come down tumbling.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
Yes! that of course will happen, because Bitcoin is at the center of all attention, furthermore Bitcoin will gradually recover and may reach $ 15k price by the end of the year.

I hope that bitcoin price reaches that price before the end of the year Grin

We still wait for more to see the price reach every higher price, and if the market stays like this, then we could hope bitcoin will reach $15k in a few months later. But yes, it seems too difficult for bitcoin to increase with fast this year because every time the price reaches the highest price, it will be back to the lowest price again and it's happening many times.
legendary
Activity: 2884
Merit: 1117
Leading Crypto Sports Betting & Casino Platform
Wow, popular cryptocurrency bitcoin price breaks $10k barrier after having a fourth bullish day in a row.

Will bitcoin price increase in the upcoming days?
It could be possible for it to continue to break more barriers if the bulls are strong enough to continue pushing it and it may also be quite difficult because of the strong presence of bears we have. I have just stopped speculating the price of bitcoin for now, because there are so many unseen factors that are really controlling the price of bitcoin which makes it quite difficult for us to really know exactly what direction bitcoin will be taking at any point in time.

Right now, the only thing I just keep my mine in is the long term benefit of bitcoin, that is why I am not holding bitcoin as short term trade, but for future investment, I know that in the next three years, bitcoin value will be so far greater than the current value it is holding right now, so better I just hold till I am satisfied of the profit.
hero member
Activity: 2590
Merit: 644
I believe that bitcoin is on the right green path.  Having overcome the period of corruption, he goes upward.  I think that by the fall it should be about $ 15,000.
^ We are on the same path. A sudden uptrend is not being new and we expected that after a correction there is a surge in Bitcoin price.
Bitcoin vulnerability to wild price movement has made it popular among speculators, who are eager for a return to the price way back days of 2017 when Bitcoin surged more than 1k% plus. Extreme volatility is also one reason why the virtual currency has failed to catch on as a global medium of exchange. But nevertheless, no doubt that it will have a further price increase until the price hit just like the price in the year of 2017.
legendary
Activity: 2212
Merit: 1008
i think price will side way until next week.

It is a very good sign. Thus, we can hope that Bitcoin can do impossible again and go to the Moon. Suppose, 20 thousand cannot be expected, but 14-15 thousand is a reality. I am waiting eagerly for these times as I have invested in Bitcoin almost everything that I had. I believe the crypto number one and I think that it will be used globally very soon.
legendary
Activity: 3654
Merit: 1217
There won't be a big price movement, until we get some clarification on the Libracoin situation. Contradicting statements are coming from the FB staff, with some saying that the plans to create Libra might be scrapped. The regulators in the United States are not very happy with their plans, it seems. Another issue is that many of the foreign nations have expressed their reservations in allowing Libra, which will be backed up by assets denominated in the US Dollar.

Anyway for me, it is not going to make much of a difference. If Libra is shelved, then it is going to benefit Bitcoin by removing a major competitor from the market. On the other hand, if they move ahead with their plans, then we will be witnessing billions of new cryptocurrency users by 2020, and at least some of them are going to shift to Bitcoin in the near future.
member
Activity: 1260
Merit: 21
Yes! that of course will happen, because Bitcoin is at the center of all attention, furthermore Bitcoin will gradually recover and may reach $ 15k price by the end of the year.

Yeah because nearly everyone in crypto is high on btc crack! as long as the hype is there, price keep surging upward everyone is happy and btc will keep dominating the entire market, hell! what else can you wish for Grin
i look forward to a crypto space where tokens/coins can actually serve a real life purpose not just dominance in price only.
hero member
Activity: 2520
Merit: 783
Even though we are struggling to reach a new ATH I think it is good for bitcoin to just climb up slowly to avoid what happen last year. Many get into FOMO that time and many were rekt when it did a huge correction. Good thing I've sold at $16k at that time and not bought again.
member
Activity: 630
Merit: 20
Yup Cool Bitcoin has received strong support at $9k to bull back at $10k. Bitcoin has arrived back with its bullish move by breaking the barricades of $10k.

And because of that, bull run started  with $10k price. Indeed a good news for a hodler like me. My indicators saying it may still perform bullish trend so let us just be optimistic and wait for that time. Whether it will continue to pump this month slowly or surprisingly sudden rise since it broke the $9k resistance.
legendary
Activity: 2226
Merit: 1304
Breaking the barrier is one thing, holding and keep rising is another thing.
But don't get me wrong, i'm happy about it and i hope btc keeps rising Wink

It's very important for sure, but I consider we had a solid 9.6k USD last month, and it's goos that BTC hits 10k in the beginning of August
I hope BTC continues to rise, but solid, slowly, not a pump
newbie
Activity: 174
Merit: 0
what you so happy about? volume is very low
no buyers, just 1 big order on sell and it's all gonna crush
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