Bitcoin Forum

Bitcoin (https://cryptocoincharts.info/coins/show/btc) markets went through a bumpy road, only to reach back above $4000 (https://i.imgur.com/cKuRLFc.png) today. BTC/USD markets (https://cryptocoincharts.info/pair/btc/usd) are continuing to showcase bullish tendencies after the cryptocurerncy broke through this resistance level.

Chart source:
https://cryptocoincharts.info/pair/btc/usd/bitfinex/10-days

From the graph, we see there is a band for bitcoin price and this band is in between $4000 and $3500. There are strong support and resistance point in there for another trend.

I wouldn't be surprised if this is the start of btc going back to the 5k level, granted there is resistance to break through but I have a feeling some good news will be coming soon.

We are facing a little correction after breaking the resistance, My thought that this caused by some rumour about the possibility of another free cash or airdrop from the bitcoin itself.
The price around 4064 and it looks there is a little bear in the future.

This is no correction, just market noise. We are now on our way to test a new all time high. All the doubters got blown the fuck out once again. Not surprised to see BTC proving the haters wrong time after time, thsi is no different.

Keep holding and we will break through $5000 soon enough. Then as China confirms they are coming back with a license to trade, we will moon to anywhere from $7000 to $10000+

Bitcoin is strugglin to rise up again, but since there's a record of reaching beyond the 5000$ barrier, it's only a matter of time before breaching that resistance. My guess is that by december, we will see bitcoin dancing over the 5000$ top.

Everything is possible, but I highly doubt that with the November hard fork in mind. The only thing that will make us smash through that level again before the actual hard fork takes place, is when miners distance themselves from this hard fork, but that's likely not going to happen entirely considering that we have a few malicious miners to deal with. After the dump below the $3000 level earlier this month, we managed to recover all the way till $4122, but +$4100 didn't manage to hold, and in the same way I think current levels won't be maintained for long. And what is 'good news' that you feel might be popping up soon? Aside from more miners pulling back from that hard fork, there isn't any news I see have much importance.

We already Breach the $4000 mark value again and in the October month we are heading for a new Roof again, if we don't see any resistance again because of the impending Fork on November I don't really wanna see that happening again the down fall of another good value,

Honestly I do not hope the price of Bitcoin can continue bullish trend in next month, what the hell while altcoin can not recover only because the price Bitcoin increase or decrease :-\? I want the cryptocurrency market can changes new trend and stop bullish trend of Bitcoin soon.

i believe this price will go up more and then 1 or 2 days later we will see if the price is still stable or not,if the price is stable it will easily go to $4500.

Damn, I really like the sound of that! I'm about the same opinion and I hope we are both right.
Maybe we'll see a small correction again, maybe even fall down to $3600 but I believe it will be right back at over $4000 value and continue to grow towards new all time high.

Waiting Amazon to accept payments and lets fly to 5000$

Reaching $4500 is promising, because till date after every price drop it has recovered the price within certain time period. Only the time period to retain might vary, but the price pumping happens without doubt. Now the same has taken place making the price to go above $4000 and now looks close to $4100.

No more bad news, so no reason for further falls.

Eventually, if the news about China banning bitcoin are true, then the price will rach 10% less than the ATH and will recover from ATH as new people join the bitcoin world.

bitcoin rised a lot this year but also made some nice and decent corrections as well. It looks really strong at this point and I expect an easy run to 7k or 10k by the end of this year and early next year.

I am so happy to see that, i woke up about 3 hours ago, and when i saw that bitcoin crossed the $4k support i was so happy, seriously. I am more quiet right now because it looks like the correction is done, and that probably it would not go back again, so that makes me a little bit more quiet.
I dont know, i hope that there are not going to be any fud this week, i would not like to see bitcoin going down again.

Well i can recall to people in financial markets call the black september due downfalls that happen in this month, as we could see as well with bitcoin this year.
I would kick for a middle resistance at 4,500 because of round numbers, and 5k for being the all time high...
As long today it closes over the last top, breaking the double top pattern
 i'm ok with it :P

I did not believe that bitcoin will recover so fast, knew that it will one day, but not so fast. I thought it will pass at least 2 months before it start recovering. This proves that people support bitcoin a lot, and it proves that bitcoin can survive almost anything. I hope that price will continue to rise, it would be good to see again price of 4500+ dollars.

If you look at the order book at the bottom of your chart, there is quite a substantial sell wall at $4200.

I wonder if we will see trading within a range of $4000 - $4200 till the end of the month.

I  believe that this wall wil be eaten pretty quickly.  The acceptance of google for bitcoin payment is one of the hype today.  Plus the upcoming fork do signal bullish trend.  There might be a small downfall but the Aug. fork shows that bitcoin will skyrocket after a fork.  There are great news for bitcoin in the upcoming months.  Just you wait after the update :)

Glad to see that bitcoin has break the $4100 barrier. This is a welcoming news because it seems too hard to break $4000 for the last couple of days. And there are a lot of news that once we break the $4100 we will soon touch $5000 or more again. Let observe and see how things will evolved. The China hangover is still in the air, but I do think that it can still affect the price specially we are going to see that we will see the first closure of their exchanges. But for me the effect will be minimal and will just be temporary. Hoping to see the price touching $5000 and even going higher after that.

The way you saw it is the way I also did and quite a number of guys but I must admit I felt a bit of inner joy to see bitcoin surpass the $4000 mark but something also tells me not to be overjoyed because this is a point we have reached before and nothing new coupled with several speculations around September 30th that might even cause a further bloodbath but let's all hope for the best.

Irrespective of that, I am still optimistic that the crash that could happen when major news like this happen had already happened just like the August 1 scenario.

Its already 4200 dollars and Im very ahppey because they reach again 4000 dollars plus . And I hope it will increase again more so we can make a lot of profit in the future. I think we see the price of bitcoin next month at 5k dollars so be ready . I THINK THIS IS THE RIGHT TIME TO BUY BITCOIN BECAUSE FOR SURE IT WILL CONTINUE TO INCREASE AND IF THAT HAPPEN YOU WILL EARN MORE PROFIT.

As expected. Bitcoin has been under $4000 for too long when it should have been comfortably over $4000. As soon as the FUD from China stopped, people are buying into bitcoin once again pushing the price up.

And i doubt this will be the end of the pump.

By end of october we could very much break the $5k level, seeing how strong this bull trend seems to be rgiht now.

I hopefully think bitcoin will stay above 4k it has been a rough week where the price up and down at high speed and now after passed through 4k there is a chances that 4k is going to be the new bottom, but it is still early to speculate this

After I saw the bitcoin is already growing again over $4200 makes me surprised and excited to welcome bitcoin towards numbers $5000 at the end of the month. I think this is the end of the rise of the bitcoin who a few days ago experiencing weakness so I make not excited anymore but now I hope uplifting bitcoin will continuously ascending up to heading to the Moon

Maybe not by the end of this month. I'd say give it some time into October to reach an all time high. This gives it time for a bit more stabilization. Also, Bitcoin has been going up for the most part, but it reaches some parts where it stalls. Giving the extra time to see when it reaches an ATH is more realistic.

In my opinion 4000$ level will be new bottom for current recovery wave.Uptrend still continues no matter China or other government decide to ban blockhain transactions or exchanges.

This should only be the start of the pump.

I really would not be surprised, at all, if the price went up even further in the next couple of weeks. There is a renewed optimism that could easily take us to levels of more than $5-6k by the end of the year.

However in the next few days i think that the price should not act too much but only hang around the current level.

Once we get a steady price of $5000 for the next month, then bitcoin may even reach $7000-$8000 before the end of the year. Though I am expecting a decrease in the price because of the upcoming fork, this may also come in pair with a huge jump in price.

I guess, this is expected? It is so obvious that what happened last week regarding Bitcoin is just FUD and a shakeout move to alienate the noob traders with their weak hands. Whale traders knew that most of the new money that was funneled to BTC came from the noobs/new traders who are just dragged in by their greed to earn "easy" money. And when the dump begins, the first one to sell their beloved BTCs are, you could guess who are those people.  ;D

We just had a healthy correction and made a preparation for the next bull run. Hodl on tight and be calm. Don't sell your Bitcoin at these prices. $5k is very near again. The only question left is will we break it or not?