Bitcoin Forum

now Bitcoin price is all time high, I saw the news from China Central Television said there is a huge bubble in bitcoin. do you think so ?


https://www.aicoin.com/chart/59D56005



BTC:
At present level, day traders should stop chasing high even though it means you may miss a chance to make a fortune. Believe it or not, a correction is on the way in the next few days as we can see on the daily chart with an increase in volumes, as for the target, price at 5-Day MA may be the temporary destination for the upcoming adjustment.


BCH:
The fact that BCH price can remain above the key level $1,520 is enough to indicate the strength of BCH as BTC remains extremely strong. Main funds in BCH are probably waiting for a chance, it’s very likely for BCH to move upward once BTC price moves sideways or begins a choppy move. Lots of investors quitted the game after price broke below $1,520 and surged above it later yesterday. Therefore, just wait for your chance.


ETC:
On daily chart, ETC price is expected to continue its uptrend as main funds hold lots of chips right now and find it difficult to sell their positions out considering the control strength in previous sessions. The reason why I suggested to reduce our positions by 50% yesterday was because the volumes are too large and price might be pulled back to 5-Day MA, therefore, it’s better to book part of our profits. As for adding to our positions, we don’t need to rush for it.


LTC:
When BTC price reached $5,000, LTC price was $82, but, after BTC sets a new all-time price with $10,000, LTC impresses us with an increase by $10 in price, which fully indicates how slow LTC is in increasing its value. However, LTC still sets a new all-time high and wins over most of the altcoins though the range is narrow. Don’t you think the surge is the result of a control in price, especially when no major bullish news emerges?  


ETH:
From a psychological point of view, people will feel it hard to accept the fact that price is still moving sideways after 7 or 8 days. After being moving sideways for 5 days, are you ready for a longer sideway move of ETH price? Here’s my analysis: the present consolidation remains normal as long as price holds above $450. The purpose for

Another good news for alt traders is that btc has started to dip so we may now see some signs of life from most alts that didn't really do well during bitcoin's bullrun. Time to buy now and prepare for 20k

A lot really is been having their alternative coins turned to bitcoin, a lot of altcoins are dropping maybe because of these or just the correction happening. The price is also reaching it's normal ones and I guess after this almost $3000 drop, it will be pumping more than $3000.

I can see now, that Bitcoin's price is not finding any volume support. This situation can caused by two reasons: small number of traders on the market or nobody wants to close the order.
From this moment it can be a strong impulse on both sides. And the side with the bigger volume will lead the price.
So, I would just wait till I see a strong trend.

Broke it's way to $10 000, reached $11 000 and goes down back to $8000, it may be tragic but it is a protagonist ending cliche. It is now getting back to it's usual price and I think it will be more pump than the last time.

Bitcoin price reaches to $10,000 yes this is right but bitcoin price is not stable and can goes down that’s why we need to be prepared not only to celebrate, this happens many time and give a lot of lost to the people who thinks that bitcoin increases and will never goes down.

I wouldn't be surprised if it increases more than 20k dollars though. Bitcoin will continue to rise in my opinion specially now that it has remarkable value.

It's about to cross the 11k mark, a new day arrives , always good to invest in btc.

I do believe that bitcoin is pretty much always in some form of a bubble form. However, I don't believe that it's a bad thing. The bubble aspect of it is what allows it to rise so quickly. Even though it means a quick fall as well, I think there are some benefits in how bitcoin is structured and used that allow for it to be fine as a bubble.

yea now no one will surprise because most of pundits already saying its a unique method and can touch new highs without any doubt I can hope this is going to touch 15000$ in January because now demand is growing and its best way right now many new big whales already looking for more investments

You mentioned that you saw the news from China Central Television that Bitcoin is a huge bubble. This is already the answer to your question in my opinion. If mainstream tv and mainstream media tells people that its a bubble, then likely its not the case. Im not scared when everyone is crying that we are in a bubble, Im scared when everyone has consensus. Thats most likely a bubble before popping then. But thats just my opinion.

Goodnews.. Bitcoin reached 11k,it is more than expected...
The prediction is only 10k before the yetar ends

Yes it is good news that bitcoin reached the all time high price 10,000 USD in the prediction but it bubbled in 11,000 USD. Meaning that bitcoin now is simultaneously increasing it price and there are a lot of expectation and prediction that bitcoin will rise it value to 12,000 USD before December ends' and it is a good new to all bitcoin subscriber.

I think so and why not? the fact that a lot of people are seeing the pump and dump in the crypto just like a bubble that will be burst anytime as the hype will be over. But some people are still believing about the crypto is not bubble. But is there an actual price for the crypto right now? At leas only the tether has the actual price.

During bitcoin bullish run, most altcoin has dump and dump. I am happy if bitcoin has small correction before continue.
Now altcoin has chance to solve its low price by growing.

I personnaly doubted bitcoins potential couple of years ago, If I just even risk a thousand dollars a year ago, I should be enjoying this $10000 profit by now.

This bubble keeps being the topic of discussion but until I see a major correction ie a crash and panic selling down to like 1k bitcoin I am not even the slightest concerned. The reason is because you know if it loses something like 50% of the value quick it will rebound because people will be willing to snap up lower prices. Obviously the reason why it crashed is important too and determines the move back up to ATH but the reasoning is solid I believe yet.

I wished it could just stop, the sudden surge of bitcoin had already bring lots of unnatural growth for other alts and seriously most of them even bitcoin are not having the mass adoption among communities and was being used most in exchanges, the buying pressure increases more fresh new money coming in. Alts are sort of 'recovering' but most project's price doesn't reflect their true value. Although it favor old investors but it's not good when the big players are ready to unload their stocks and basically making thing riskier. Anyway it's just my personal opinions.

This sudden uproar of the price have been highly beneficial for people who were holding bitcoins since a long time... Its really amazing to see them grow in front of your eyes... Also now... Since..it have reached that level it..was.. Expected to surpass now we can even set our limits higher... And yes a huge bubble seems to be operating .. right now but bubbles are not a bad thing.. its giving an opportunity to people who really wanted to be in the boat but couldn't do due to certain reasons... Now..they can easily buy bitcoins and... Store them for the future.. Because that high price bitcoins attained was not feasible to everyone.

although I do not feel the immediate impact of this higher bitcoin price I am also happy. I've heard rumors that if the btc price soared the altcoin price will go down, I just hope it's not true. Because until now my ability is limited to altcoin. Hopefully one day I can get bitcoin.

It was amazing to see bitcoin by $11000 again after a huge dip in market price but looks like price is again decreasing.
Since the price was about $8000 yesterday, it can go to that level one more time and then new surge is possible soon.
Amid bitcoin's recent run, most altcoins have dumped except ether, ethereum is constantly growing to touch a new record

This is good news. And definitely coming closer to bitcoins At 20,000 $ price next year. So, as long as we can buy bitcoin. It has been bought since it will cost up to 50,000 $ Up to $ 100,000 In the next few years. Especially now the bitcoins are rising due to its sudden increase this year. So sure many people will have the interest to get into the bitcoins too.

I don't believe bubble it's bad thing.
Bitcoins price has broken over $10,000, it could be good news while other altcoins will following to this trends.
Even some people worried about this bubble, but bitcoins has supporting by a lot of holders, so i nothing to worried at all.

There will be new milestones in Bitcoin as far as institutional investors are willing to play this game but Bitcoin was anyway going to touch $10K milestone with our without them. However, their involvement boosted the price and created a surge in comparatively less amount of time. I do see a soft target of $15K within a couple of months but I extremely think that correction is on the way and it will reduce the price by at least 20% to 30%.

My interest is mostly in the BTC or BCH so I would like to discuss that one more profoundly here. With BTC moving towards its correction which I think it had one already the prices were dropped to 9.5K or around roughly but that wasn’t very drastic change and literally people took the chance to buy more at that prices. So first thing its not bubble at all. The second point I want to state regarding its choppy movement. Bitcoin will never do such kind of movement at anytime because the market is in strong hold currently and is locked with good amount of investment. So this firmness in the market has led to bitcoin’s prices to stay up all the time.


Furthermore if you talk about the BCH then yeah we can predict that there are many users who are willing to stay in it even though the BTC prices has gone wild. They are the reason why it is keeping above 1K otherwise it doesn’t even have the value worth 1K itself. It will hardly pump to higher rates because as we can see the BTC dominance is more than this.

That's good to here, and i know that this increasing price will continue, though i know that bitcoin will still face a few problem that will make it price to decrease. But lets hope and pray that this good news will continue, because it will make us rich faster.