Bitcoin Forum

Sometime today, Bitcoin broke the $13k barrier and then retreated back to $12.8k.

This is Binance screenshot and now that I'm watching it, seems like it broke $13k almost a day ago.

But I'm not seeing any posts about this on the forum so I'll just post it.
Total market cap also went over $400B which is cool.

Will is stay above $13k this time?

https://i.imgur.com/ywMtNat.png

To check latest trends about bitcoin price on this forum, you can go to speculations. Also know that bitcoin is not fallen back to $12000, its price today that has been lowest has never been down to $12800, currently it is at $12945 and possibly could get back to a price above $13000 possibly.

Nobody knows what the price of bitcoin could be, but with what I am analyzing, I see bitcoin price not falling for now, only what I am expecting is its price to even rise the more to and price above $15000. Do not get me wrong, this could still take long.

Thanks for noticing. What I meant was in $12k range

Edited now

I was playing around with CoinMarketCap’s data earlier today, to see how many times (days) a certain threshold had been surpassed, with disregards to the supporting reasons and trends.

I make it as follows:
- Data as of yesterday, in USD, based on whether the High value equaled or surpassed the threshold value.
- Columns represent the threshold to surpass, rows the year, inner cells the number of days on which the threshold was surpassed.

Too early to tell.

It is interesting and great to see the price of bitcoin breaking $13000 after such a long time. Although no one can predict accurately what the price of bitcoin will be in the future, one can only hope it will get better.
I checked the price of bitcoin just now and it's only a little less that $13k. It is presently hovering around $12.9k which shows some stability.
I think it will stable at this price for a while before making either of bullish or bearish move, hopefully a bullish move.
Despite the fact that we are still a long way from reaching the highest price bitcoin has ever reached, I believe it's only a matter of time before we get there and even surpass it.

Bitcoin is on the rise meaning that in this trend it has been able to break the 13k figure in the last few days it is very significant with the increase including ETH which is already at $ 410 is not impossible because there is news about paypal now having launched bitcoin there it can exchange and resell easily but I've never tried it because I just got the news today, so it's probably a factor in the news.
But we will see what market reaction occurs. Perhaps this will remain restrained by a strong analysis of the rising market capitalists?

I feel like hitting myself in the head with a hammer to think I sold my Bitcoin two days ago at $11,300+ or so, only for it to skyrocket today. Yeah, I know a lot of peeps will say I shouldn't regret selling off that soon but truth remains that it wasn't as if I was pressed for cash for anything at the time I offloaded them. Well, my only consolation is all these now is that this bull run will soon awaken altcoins to join the moon move. So, we are likely to witness an increased market cap again. Ignorant investors will again go crazy for penny priced tokens to chase prize up. This is surely an interesting time in the crypto space. Even Litecoin is beginning to show evidence of price surge too.

Holy smokes, I think I've slept right through it! Thank god I plan long term, gonna hodl anyway

Cant' returned time but yeah the consolation is when you make certain investment with alts that you believe to bring great profits, anticipating after this bullish movements is really gives opportunities.

It's not that easy but if you will consider the risk, buying known alts which already have a good community supports and already listed around the top 20 projects might bring something good after missing bitcoin rides.

I certainly did. You can see how late my screenshot was :)

I feel like it will continue going higher. There are too many positive stories right now. Companies are beginning to adopt it as a reserve currency. Some of it's detractors are now some of it's biggest cheerleaders. PayPal and Venmo are integrating it into their service. Schnorr and Taproot, which we've been looking forward too for a few years, has been merged into Bitcoin Core. Due to supply and demand I wouldn't be surprised if we reached a new all time high in the next few months.

I feel like we are getting another ATH again this year probably  $22,000 or $23,000 I really hope it would. People profiting a lot with defi is surely making their move towards this bullish run of bitcoin  ;D However I regret withdrawing my btc in $11.5K range, I got bored though and quite needed it. Anyways there is no wrong timing with investing bitcoin, anytime is a good time entering as long as we hold tightly.

hahaha, not only you can sleep comfortably at this time...
up to $ 15k, $ 16k, and even $ 20k in the next few days, month or year doesn't seem like a dream anymore. lets HODL until you really make a profit.

Oh man that's huge. Last time I saw bitcoin over 13k was 2018 I think. After more than 2years it again crossed 13k if I'm not wrong. There were some good news for bitcoin in last couple of days. I hope it crosses 15k in next week or maybe it will create a new ATH !!

^^
The high was back in June 2019 and it was $13880 from what I remember.
Nice bounce back from the beginning of this year.
https://i.ibb.co/nMf71n5/price13k.jpg (https://imgbb.com/)

I think a few people are saying it happened because of the PayPal integration of cryptocurrencies but I think it's merely a trend based move which was bound to happen maybe the PayPal thing just acted as an ignition for the same. Now we have entered 13k with some good volume increases. But I expect market to stay around this point for a while because if there is an upward move from here it would be pretty short-lived. But if market stays here for a while and then moves north it will be a more powerful move.
Would like to ask the HODL gang how long are you going to HODL btc? I mean are you thinking to HODL it for like next 20-30 years or what? Because anything less than that isn't holding for "long" time.

what we have been seeing in the past 2 or 3 days is one of the best examples of FOMO that i always talk about in the speculation board. a major resistance is broken (the $11k was the one this time) then the market shows small positive signs and immediately a lot of money starts jumping in from all those weak hands that have been waiting for an unreasonable drop to buy greedily!

It was a big jump for the bitcoin market getting all the hype when it reaches 13k$ this week for me we can assume that it is because of the Paypal adding Bitcoin to its platform. It's not surprising to affect the market when we heard the big news about Paypal. If the plan of Paypal continues it is going to be big news for everyone and will affect the market price or maybe a bull run. Market price just reach 13k$ but in the past weeks of months the market is around 10,000$-12,000$ so it was not a big jump for me its still too early to tell if it is a bull run in the end of the year.

The $13K  price mark was broken yesterday before the price retraced to $12K7, the good news now is that the [ice is above $13K now, definitly there is an underlying factor responsible for the sudden upsurge in the last few days, whether we like it or not the adoption of crypto by paypal might be one the factor responsible for it, paypal is a global accepted payment gateway with millions of users and now it has allowed their users to buy and sell bitcoin this link says it all https://www.bbc.com/news/technology-54630283.
This latest news means more adoption of bitcoin by paypal users invariably pushing up the price of bitcoin.

This is true, even though implementation of cryptocurrency services on PayPal would not be available until next year, it is being priced in by investors now as they expect it would be good for adoption considering the reach PayPal has.
In my opinion, the bull run has been brewing for a couple of months with increased adoption and utility of Bitcoin, it just needed a catalyst to stimulate the market sentiment and move the price, which PayPal partly did.

Few days ago I said I will get really excited when Bitcoin breaks above $12k, holds that position and builds a new support within that range, safe to say; I am getting a bit excited. Also, the price is only catching up with the growth of the network and I believe there's still a huge gap between them, maybe we touch $14-15k in the coming weeks and if possible a new ATH in a couple of months.

The price jump is probably caused by PayPal announcing its interest in cryptocurrencies by making its payment processor available for use at cryptocurrency sales. The jump was almost instantaneous, with the 3H chart displaying nothing but positive reception from traders. Of course, the price immediately returned back to high $12k levels but as of this moment, it has returned to $13k and has since picked up a rather slow pace in price movement, possibly due to some traders already cashing out earlier today and some are still asleep on the other side of the globe.

While the events of today somewhat paint a picture that a bull run is incoming, I honestly don't think that PayPal's good news is enough to carry the momentum forward and sustain it until something favorable for bitcoin comes along the way. It's a good day regardles.

There's no other reason that we can presume on whats the actual thing or reason for this price jump which we cant think off anything but only with that good news came from that
Paypal accepting out crypto.Now we are on 13k mark and holding somewhat as of this moment.I wont be surprised if the price will somewhat give out some pullback or would just
move a little bit stable into this level.Im not really expecting that much that this will be enough driving force to lead into bull run and same as you said where this is much better rather than have nothing
at all.Its good to see for a little bit long time into this price.

There are lots of news of adoption besides Paypal allowing its users to buy BTC. There are articles from cointelegraph related to national digital currency and Libra pushing on. But its still unsure about its effect to this huge spike in BTC price.

But I think they are releasing news which sounds planned and timely when there are news about Covid19 vaccines about to come and so on.  If price dips again down to $11k, then its  just a hiccup.

Truly this is very important good news. After so many days, everyone should like to see the price of Bitcoin at 13000. While no one can accurately predict what the price of Bitcoin will be in the future, everyone can expect that the price of Bitcoin will be even better. I think it will continue to grow. Bitcoin is expressing itself in many positive ways at the moment. Various companies have started accepting Bitcoin as a reserve currency.Hopefully in the next few months, we will see something better

I was surprised when I saw the pump. I just want to know if there is any fundamental behind the pump.

Sorry, I know how it feels, it happens , we will never know when we have it best, this is the way we will expect it to keep going up until it still comes down. Each time you sell your coin  you should get our mind set to let it go. Any day could be the better than the other, it is even better you sold it yourself and not lose it to hackers. We are getting there .it is a sign we are approaching the  bull.

This is good news to the users that bitcoin crossed $13k, and there are so many reasons for this pump in the market. Indeed, no one could tell at what price it will heading this time. Also, the present market is good to the eyes of the holders and I think in the coming months there more surprises will happen in bitcoin that make the price increase.

Yeah it seems we are heading to something great and that would be the best thing to happen during my stay here in the forum discussing about the ATH. I never had actually seen or observe how bitcoin grow and will gone bullish. This is something that another history will be written. In that case then we can go learn from it and see how we will going to play along in earning bitcoin in the future. I think investing is the best way to earn.

I believe Bitcoin finally reaching the price of $ 13,000 is a good achievement. Because this will make Bitcoin demand continue to increase,
although no one can guarantee the price of Bitcoin will stay above $ 13,000 this time. But if based on my analysis results Bitcoin will still
continue to rise, and by the end of this year it could touch the price of $ 15,000. Hopefully my prediction is correct, so that I can get a big
profit from Bitcoin.

No one knows, mate. But you can predict it in some ways. However, remind that it is only a prediction.
For me, it is too early if we want to claim the price to stay above $13K. It just passed $13K, needs time to know how the price will go. Moreover, if you checked coinmarketcap now, the price of Bitcoin has dropped below $13K. I don't think that the price of Bitcoin will easily increase more than $1,200 in a day and survive at that highest price. The price should drop a bit and try to survive at a certain rate, let's hope it won't drop again nearly the price in the previous day.

Check the price historical data of Bitcoin on Oct 21 to the current date: https://coinmarketcap.com/currencies/bitcoin/historical-data/

A good achievement since imagine what is the current state of the world but still we see it more pumping and we add the PayPal news came so for sure there will be more coming into this and maybe in next year the bull that many speculators are waiting will truly came since we are on positive sides right now.

This is simply FOMO, how the hell did we slice all the resistance an goes above $13,000 in matter of days. Maybe it was really the Paypal news, or just some whales waiting for something to happen and then they ride causing the price to swell.

But in any case, since this is a new HH, definitely, a good news, and hopefully the price won't go down to 4 digits again. Maybe $14,000-$16,000 could be reach at the end of the year if this bull run gain momentum up to the end of the year.

It is too fast to tell that Bitcoin will stay at $13k+ or stay above $13k++ this time. The current bull ran is almost done for PayPal acceptance news. We are now expecting some good news which can pump it more than it will cross the $13k limit and we can see a pump soon. After getting approval from PayPal, other platforms will be inspired to see it's growth soon. Waiting to see this whenever the crypto currency will be accepted without any hassle. So, now expecting some good news to see Bitcoin at the $15k-$16k range.

Many speculators say that it will have a pullback after reaching the $13,200 this will be the whales taking profits zone. Who know maybe we come down again and retest the $12,400 or just continues to pump, i still wouldn't sell when everything points to the upside especially when huge adoption coming such as the paypal news.

It only stayed there for a bit and after that it went down below $13,000 again. Its considered a strong resistance too that is why some traders took profit at that price causing it to drop again.
Its too early to say for that at least for now.

That is also what happened too when Bitcoin is trying to surpass the $12,000 price. It went up then immediately go below it, took some days to weeks before it went up to $12,000 again and it might happen again this time. Although I can't say when obviously but there will be a time that staying above $13,000 will happen. Not this time though.

Possibilities are always two-sided. Despite of the goodnews, we cannot still guarantee continuous increase in its price up until next year, yet. This adaptation is not yet happening, and according to the articles spreading online, it will start next year. The outcome or how will things go, will be determined after the occurence whether more companies or networks will be starting to do the same thing. But for now, let us enjoy the green marks, just don't be too carried away.
In the first place, the market price will not continuously increase due to the nature of inconsistencies. The market value is volatile in its nature. Going back with the previous ATH, the price increase did not occur within few months. As far as I remember, it is almost a year before such thing happeneded. Early 2017 there are already news regarding the anticipated boost of its price. So maybe it is too early to conclude. The best thing is to hold.

It broke 13k but we already below 13k again. Too unstable

I just can't believe that with the little push of PayPal, we can enter the bullrun right away, these are just short term increases and remember, US election will just going to happen, this could impact the stocks and even crypto too.

Until the end of 2020, I think it's better to wait further as I also see there's a massive minting of stable coins which could be the reason for this current price increase.

whether $13k itself is going to be kept or not is not as important as what it represented. the breaking of this resistance proved that there is a very strong momentum in the market that is shaping up the beginning of the bull market.
as we can see now, there was a correction and price came back below $13k level but the momentum is still strong.

this also proved (once again) that there is no correlations between bitcoin market and any other market as they are still dumping while bitcoin keeps rising up.

The price is already dropping so I think it won't stay that much and will probably settle around $12,000 which is still nice. But who knows, we might reach $14,000 this year. I think Paypal really did gave a significant impact on the price of Bitcoin because it gave more option for people to buy cryptocurrency. Not only that, there's just so many articles being written right now that is hyping Bitcoin. Even billionaires are making statements about Bitcoin in a positive way. Just google search Bitcoin news and you'll see a bunch of FOMO articles around.

The 13000 hit was a great sight for the bull market. Definitely looks like the PayPal news has lifted the entire markets sentiment. It wouldn't be that bad if we consolidated around 12k to 12.2 k for next fortnite before we got the next leg up.

From the trend of the chart, I think the high was being adjusted, it tended to callback.
Do you think there will be a big plunge tomorrow?
From the view of the market Bitcoin deriveratives, many exchanges like BitOffer, Binance, Huobi, started to launch the Bitcoin funds to cater to the market. it is because they guess Bitcoin will not keep peace in uptrend this time and many people will lose way in the bitcoin change and they catched the market pain points also.
So I think the rest of this year, the funds investment with relatively fixed interest and even capital and interest guaranteed, will be popular.
What do you think? ;D

if the possibility of a fall it could happen again because it is true that the end of the year is still 2 months away, we know bitcoin has been moving up and down quickly several times.
I actually believe that the price that will be obtained from bitcoin at the end of the year is $ 15K, and this is not the highest time because if we see the halving several times then next year is a time when a sharp increase will occur.

BTC reached this mark naturally this time around when compared to the crazy rise back in 2017 which is why not many crypto enthusiasts like myself are surprised by this due to which there hasn't been much talk about it.

This natural progression is beneficial to the cryptocurrency ecosystem on the whole. It just proves that the pandemic has helped crypto like BTC, ETH etc gain more popularity. It will probably retreat back to $12K and slowly crawl back to $13K soon.

Are we going to see it move towards $14K? the price is still near $13K so there is a huge chance that it could go up and stay above $13K.
Do you think this has something to do with Paypal accepting Bitcoin?

I think it will go above $ 15k in the near future, I saw bitcoin price correcting and stabilizing for so long yesterday that many new investors came with big bucks to buy it back, so let's wait for new surprises from bitcoin apart from news coming from paypal and others

I'm sure no one can say for sure whether the price of Bitcoin will be above $13k.  Because the price of Bitcoin is never fixed.
 However, it can be said with certainty that the price of Bitcoin will be above  $10k.  Because the price of Bitcoin has been above $10k for the last few months.  But no one can say for sure that this price will be stable.  If you take a good look at DdmrDdmr's post and read his chart well, you will understand everything clearly.

Bitcoin price increasing this week shows us how strong the bitcoin and the price will rise more than now.
I am sure the price will not just stop at that price, but it will break every barrier, and the price will make a new ATH.
Although we don't know when the new ATH will happen, we could still follow bitcoin's journey, and we can profit from every increase in the price.
I think we will see another good news in the future that can lift the price to the high price, so people out there will see that bitcoin is not a scam, and bitcoin can help people to make money.
But it seems, the price doesn't directly increase and break $13k again because the price now held not to grow. Maybe the price waits for another good time to rise.
So while bitcoin price needs more time, we can take a break for a while and enjoy our profit.

15000 is not much of a resistance. There's really no resistance between 14000 and 17000 and even 17 is a weak resistance barely touched in 2017 dead cat bounce.

If we're able to break 15 thousand a shot at 20 is coming for sure.

On the other hand if we form a double top at 14 thousand it's going to be Jul 2019 all over again.

As the price of Bitcoin continues to rise, it seems that the price will continue to rise for some time.  In this case, we should hold Bitcoin and help to increase the price. Hopefully Bitcoin will hit $15k-$16k very soon.

I remember the start of this year (2020). Things were pretty optimistic, Bitcoin price had a steady growth then the Covid-19 hit. Prices plunged to almost All-Time-Low.

Rebounded pretty quickly and everyone blamed Covid for it. Partly true.

Then they announced a new pandemic wave in the summer. This time everyone expected for price to drop, but it did not.

Now we have the newest pandemic wave and Bitcoin does not seem to be affected. YET.
To be honest, Stock market was not affected by new waves as well, just the first one
https://i.imgur.com/T8oqB8N.png

If Bitcoin can pull through this wave unaffected, we are in for a pretty sweet 2021.

Even over 15k is attainable for bitcoin, paypal news make this things happen while we're fighting to break 13k. Just takes a couple of more organizations to purchase up a few billion worth of Bitcoin and we'll be another level. Panic sellers are already is on the field as we're keeping 13k just for few moments.

Lately, I am happy to observe crypto price movements in the market especially bitcoin and there is no reason to say no to observing altcoins such as ethereum or LTC, for example, where they are also starting to wake up.
But I’m not a good expert. But when bitcoin can break through the price of $12000 it can even get to $13000 it becomes recent news to talk about.
And not a few of us regretted it when they sold it a few days ago for $11,000. Well, bitcoin can’t be guessed because reach the price of $13,000 quickly.
It will definitely come back again, it could even be more than that value. All we need is time. When
someone holds their investment in bitcoin to this day, I’m sure surely they will wait for bitcoin at ATH price.

Don't actually know what will happen but in my opinion, it won't go higher than $13K this year. Its been sometime before we faced this price and I think it would still need some time before we broke the resistance of $14K. For now, I will just keep on holding and keep on being aware of the changes since we never know where will the trend goes.

Bitcoin price depends on crypro news  and most of the bitcoin dump only for negetive feedback.Bitcoin price always out of control so we cannot   know whats happen next..I hope and believe  that bitcoin wil be back to place and broken all previous  record.

Long story short , we see that bitcoin price is moving above 13k $ levels , according to technical analytic basics , if the price can hold on for another few days , maybe a week above that level with the same volume , i can say that the road is clear to 14k $ then later we can see 20000$ again ..

After dropping to little from nearing13k earlier this morning, the digital currency is been trading between 12.5k to 13k, at this point of time investing in crypto coins or tokens are highly speculative and the market is unregulated.

A lot of analyst and so called experts say BTC will go over 15k but we need to be very careful until the market turnsgreen. So don't take risk by buying in hurry...

The recent Paypal announcement might be the possible key factor behind the spike of BTC to $13k. However, as of this time of writing, it pulled back to $12,700+. I'm calling $13,200 as it's current resistance level. The growth of Bitcoin's price was kinda parabolic, but I'm impressed about the bulls making sure that it won't go down too much (but again there would be no guarantees on how long the price can stay on its current level).

It was a nice moved from Bitcoin becasue it was long awaited for. Although, this was a FOMO from PayPal announcement about their involvement with Bitcoin. We all know that PayPal made their proclamation that effect from 2021 they will integrate the buy and sell of Bitcoin into their system, this caused the FOMO few days ago, which those who have been waiting for Bitcoin dips before buy went into the market with the FOMO. Hope we see another all time high before the end of the year 2020.

I doubt it'll stay above 13k; at least not for long. However, if it stays over 13k for long then its chances of going below 13k will become small(my thoughts tho). BTW, Those who claim they can predict bitcoin, seem they're nowhere to be found. Lol. The market has been going in opposite directions from what we've been hearing.

btc looks good  right now & almost touched 13k$ marked.i feel happy as a crypto lover for bitcoin movement. i hope its going continue. i see now btc 2% down in 24 hours,but i dont wants to more down. good luck all

There is always a setback especially if the bitcoin price will likely to skyrocket in just a short period of time, this is what I notice to the market and I am not so sure if this was because of the traders.

Breaking the 13k$ price is already a good start to trigger the bull season if we can maintain this hype, let's just hope that there will be no big setbacks that will drag down the bitcoin price to below 12k$ again.

it is a good sign that the market is recovering from the past losses. However, altcoins are still dumped. They can`t manage to go up even the bitcoin is increasing. As of now, bitcoin is positioning at the 12800 to 12900 usd area. We don`t know what happens next but I think it gonna move down first before we take of again. Hopefully, the next few years we will see a new ATH again in bitcoin. It seems like its price is overpasses by faming and yield coins in binance such YFI.

The graph looks good, and hoping for more pumps. To all those who have bitcoins, hodl more guys! We should and always hope for the best for crypto currencies.

If I didn't misread from some analysis that the price of bitcoin would be very easy to go now, it's just that it might still give people the opportunity to take it at a cheap price today, as someone said the train is not really fast at the moment, but it will be surprising. in the near future

Yes but those people who were considering selling at high 11's are now going to begrudgingly hold onto the BTC. Just look back in the thread and see the post about somebody kicking themselves for selling at 11.7. This is a coin that was sub 3 earlier this year.

It could be election jitters or maybe it's real small time buyers scooping up after sitting on the sidelines for 2 months. Either way it looks like there is more activity this month. October always fun :P Surprised no DJ crash yet (maybe covid sitting in its place).

Bitcoins price is never fixed.
The one that affects it's price are we the Traders.
If we buy more Bitcoins then the supply will become less, this will help to increase the price.
So in the last few days as many of us made high Trades on BTCs that's why the price got up high.
But let's keep our hope and pray that bitcoins stay above 13k USD, so that we can get more profit.

Well one more thing is contributing to this year rise, some top public companies have adopted bitcoin as a reserve asset! Here you are a few links about it:

-October is a time for surprises. On Oct. 8, right on cue, mobile payments giant Square, which boasts a market cap of $86.6 billion, announced that it had invested $50 million in Bitcoin (BTC). Five days later, asset manager Stone Ridge Holdings, which manages over $10 billion in assets, disclosed that it had purchased more than 10,000 BTC, worth around $114 million, as part of its treasury reserve strategy. Source: https://cointelegraph.com/news/the-next-big-treasure-corporations-buy-up-bitcoin-as-a-treasury-reserve (https://cointelegraph.com/news/the-next-big-treasure-corporations-buy-up-bitcoin-as-a-treasury-reserve)

-When Microstrategy Inc. bought $425 million bitcoin in the last two months, the decision became an important stamp of institutional approval of the top crypto’s credentials as a mature, safe-haven asset. The American technology firm had just made bitcoin its primary reserve asset to hedge against fiat inflation. Now, it appears major global companies are following Microstrategy’s bitcoin strategy. Source: https://news.bitcoin.com/here-are-the-top-public-companies-that-have-adopted-bitcoin-as-a-reserve-asset/ (https://news.bitcoin.com/here-are-the-top-public-companies-that-have-adopted-bitcoin-as-a-reserve-asset/)

You could see news about this in the past months! Almost every month we have some nice surprise from the big guys, and it's the beginning of the next wave, that can be greater than the one in 2017! Basically we talk about it here for years, bitcoin made amazing progress in the last 10 years, and that was all from people, enthusiasts, small and micro business... next wave will be started by big companies and corporations! And this is exactly what we see happening around!

But fell down again just a day after this Breaking the new High at $13,184

https://coinmarketcap.com/currencies/bitcoin/

actually there are other posts it's just happen that you made it first in posting this,but normally people tend to post whenever
 the price go high or down so maybe community doesn't care anymore in small movement because everyone is looking
for another High or another Dump.

Nice Graph and yes still need to wait and don't panic sell i think in this point we should buy more bitcoin and sell it at 13.5 K or we can sell it on 15 K  ;D and no money no party

Yes we are now at the level of around 13k$ for few days but i don't think it will get a huge down as market are going through uptrend .Its true altcoins has seen dump momentum but its not huge on downtrend so it is a good movement of market .Hopefully we will see a new ATH level on btc in upcoming years .

The market couldnt maintain the $13K price range for long which is a sign that anything is possible despite the uptrend that the market is experiencing through Paypal shifting to cryptocurrency announcement which has also led to commotion within crypto community cause people different opinions about the paypal statement.
With that been said, $13K seems to be the current resistance level of the market but what happens from now till Midweek will prove if the uptrend is for real or just a little sparkles.

No!, Bitcoin market with volatility won't allow it stay above this price of yours, as a matter of fact the market has went down bellow your prediction. Currently the market might have retrenchment from it current price of $12.8k before another positive move like what we see in the past. Something is likely to make the current market downward which could make Bitcoin loss closely $500 before the real stuff in the month of November, 2020.

yes bitcoin has been rising slowly, we will see that in the next few weeks or months the price is definitely higher. I think bitcoin can hit $ 15k in the next few months, I see some investors coming to the exchange to invest in cryptocurrency, this will support the price of bitcoin to be more expensive, besides that some companies and other payments have accepted bitcoin as a means of payment, this is is a great future for bitcoin.

The continuous growing process of bitcoin price has stopped after reaching that point. Bitcoin have reached this mark after the news of PayPal, we all know about it. Now the price staying around 13k usd. Next movement of crypto market will make the real impact in bitcoin price. We may see a small fall back soon. It's just my thought.

This is a good start for Bitcoin to pierce again to the $13K USD and right now the price is at $12,991.07 USD if this continues could we possibly able to see another record of $19,783.06 USD all-time high that has been marked in the history of Bitcoin on 17 December 2017? or this is just a false bull run? and may still go down due to the fact that we are still on a Pandemic? well, I wish we can see another All-time high that may penetrate this time to $20,000 USD.

The pressure from fomo is getting more and more heavy :)

This is not the first time we are reaching $13k and going back. Hope we will start next week with $13k and continue growing. What worries me is the growth of covid-19 cases. Hope this wont be a reason to go down.

I was quite surprised by the increase in Bitcoin price above $ 13,000. Because the increase was so fast,
many say the increase in the price of Bitcoin is due to news related to Paypal accepting cryptocurrency.
Although it may be true that news related to Paypal is the trigger for the increase in Bitcoin, but indeed
since the pandemic occurred, the crypto market has entered a bullish trend. So sooner or later the Bitcoin
price will definitely pump.

Bitcoin is so different from other cryptocurrencies in terms of pumping.
I nearly release my coins to market last month if not I listen to my research that make me understand that this is the season of bitcoin to top every cryptocurrencies in the market.
It was not a surprise to me that bitcoin is pumping and other is reducing because we are in bitcoin season. I think bitcoin will still bull more than this since they just newly legalized PayPal account to their users in the forum.

From this table, it is clear that BTC has stayed above 9k for the most part of 2020. That is a pointer that the FAMO of BTC halfing is real.

BTC will still retest 12500  level (my analysis from D1), before it will continue it upward trend. The trend is still bullish though but we must know that market doesn't move in a particular direction. We must not also forget the 3 market directional move ( Retracement, Consolidation and Continuation), as well as market Circle.

It´s really awesome to see the bitcoin currency growing. It must grown even more since more online and local shops are accepting it as a payment method.

13k is like a hard reach for Bitcoin, and I would expect that it will still fall down by a bit to 12.9 although that's just my guess, because it seemingly like stretched really hard to reach 13k at exact though it is a good price to sell a few of my coins but meh gonna keep holding my coins cause this time's are still quite tight for my coins to get out of my wallet right now.

Bitcoin and the cryptocurrency are proving that it's an irreversible trend. People are taking a more positive view of bitcoin, as evidenced by the recent price appreciation of bitcoin.
If bitcoin can keep its momentum like that, I think it will rise to $ 15,000 by the end of the year.

Folks, we are in Day 85th of recent above $10k $BTC.
The average one is 27.7 days.

Currently 1,765M Bitcoin or about 8.4% of its circulating supply is held on centralized exchanges (CEX)

In November 2017 it took only 30 days for BTC to go from $ 5,000 to $ 20,000

^ That is a good perception, if you did not have any important matter to buy, just hold your bitcoin. As of now while posting this, we are on the price of $13,124 in the market and it seems $15k for the end of this month is not impossible.
There are too many factors to consider and the reason for bitcoin grows. The main factor probably is the announcement of Paypal that adopting bitcoin. But if you are monitoring the market and hoping to gain a small profit during this FOMO, you probably better to watch the market because there is a chance that bitcoin will pull back and have a small correction.

I don't want to argue about "is paypal responsible for the present growth of bitcoin or not".don't forget bitcoin alone already raise upto $12k.its a gala day that finally bitcoin able to ovetake $13k milestone, although that was for few time & going below immediately.but breaking $13k resistance indicates its potentiality & something bigger for next move

But the news recently contributed to the sudden increase wherein the market value almost got up to $13k. It might be due to the influence of what happened. No one expected that PayPal, a huge network, will be adapting this technology. There are now high hopes for what has been announced, that it would further result to mass adaptation of cryptos. I don't know the reason why the market price, again, fell in a sudden but knowing that its market price is still above $10k, I think, I think we should then be patient for now and wait for further changes.

Nothing has change base on my observation. PayPal, FOMO, and many others, I had never seen how it affects the trend this time. I certainly ignore them all because Bitcoin had the capability for this, it happens before and for sure, it happens again and again.
Seeing the momentum now, I feel we are already in the bullish market. I look forward to seeing it coming in, reaching for $14k isn't possible as the resistance level is strong.

This is a good news to everybody. We are heading towards a good market for bitcoin and hopefully it will be a bull run for bitcoin. Of course we always wanted this to happen and that may it be possible to happen. Paypal had also accepting bitcoin in their platform for buy and sell. If there are other platform that can do like paypal then I am.sure that bitcoin will going to go more than that. It just need the whales to hold up their bitcoins, promote buy and sell and then we can see a goof bitcoin market.

Bitcoin is showing its resistance at 13K. This is wonderful news for us. I agree that before the new PayPal announcements, Bitcoin was showing that it would break all barriers. This is a stimulus for the USA, which are the first to benefit from the new PayPal services. Guys, we are delighted with Bitcoin, good time to celebrate.

That was the hype, and hypes are extraordinary events where laws of reality don't apply :)

Thanks for the info, good to know

That was a good indication for Bitcoin the $13K barrier was already breached and I think $14K is the next easy target hopefully, According to the latest trend, I think Paypal's decision to accept crypto-currency in their platform was also contributed to the Bitcoin price trend today and I hope the price will go up more in the following days and even more exciting to see the Bitcoin price return to its previous all-time high. how I wish?:D  

I won't be surprised if Bitcoin ends up somewhere around $30,000-$50,000 per coin by the end of this year. Acceptance by PayPal is the biggest news for Bitcoin adoption during the past one decade or so. If you check the posts from 2016-17, you can see that a lot of people wanted Bitcoin to be accepted by Amazon, PayPal.etc. We lost hope after sometime. But now, suddenly out of nowhere we have such a great news regarding adoption.

That's quite an achievement since the last bull run but there is going to be a correction and the best we can hope is it get a resistance on 12K so that it would build up for the next one. The bitcoin's price is surely going to hit a new ATH  but I think it would be on this or subsequent year as the economy is on the bad side and as soon as the pandemic is over, a lot of capital would be needed to bring back the market as previous.

Good enlightenment so far, bitcoin is getting brighter and many hope that bitcoin will compete with ATH prices, at the end of the year there is a possibility that the price of bitcoin will go up again in the experience of 2017, hopefully in 2020 it will repeat its reputation as in 2017.

15k by the end of the year for sure. We have so much great news for this.

Can't deny paypal, the main reason behind the recent pump of bitcoin and revived the user's hope that is about to lost on bitvoin.its true that the price was unable to stay long upto $13k, but the fact is, finally bitcoin pump the biggest high in this year.don't know what is waiting at end of this year.but already bitcoin start improving and i think, bitcoin will go back to the highest peak of mountain $20k even more.

Seems that what happened the last halving also repeating itself now, we are in another pump and it's really exciting to see that the move is still positive.

People who lose hope before are now coming back for sure, those who experienced losing their investment are again start to comeback and reinvest their

money, just need to keep this trend alive to get more before the end of this year.

Getting that Paypal is a huge deal in bitcoin, a lot of Paypal users could potentially be investors in cryptocurrency when it is available for buying and selling.

I think around 15,000$ at the end of the year is not bad but for sure we could expect a big pump at the market price of bitcoin. Reaching the ATH in my opinion is possible since Millions of users from Paypal could be an investor in bitcoin. I guess investing this early could be a good move since most of the people are expecting a bull run this year but kinda hard for most people who are still in the pandemic.

When it comes to volatility I think it would take weeks or months to reach up to 15k$, I mean it's not easy but we sometimes see a big pump in just a small-time but I think this time is different.

How quickly BTC can move upwards is more of a function of how desperate people are to sell coins when given an opportunity to cash out some profit. If, on every exchange, only 1 person has BTC listed for sale and only decided to sell it at $20k, then as buyer begrudgingly buy small amounts at $20k price across all exchanges the price will be adjust to $20k. But that's not the case as there are massive sell walls. The current US election, the covid plandemic, government bans on crypto and other factors are influencing people's sell wall. Good news on the world stage usually help bring down that sell wall. A weaker monsoon season for example would help Asia/Africa.

Well, I am afraid that this will happen but for sure most paypal users know how bitcoin will works. If I were one of the paypal users and I want to buy bitcoin. I will not use paypal, you can't hold your bitcoin as you have ownership. Paypal will the only one who controls your bitcoin.
We now have stability in the $13k range on the market and did not even continue rising. Perhaps, most of the investors have been quickly cutting their profit once they know that bitcoin was pumped too much with a day. However, a presidential election was near to come, I hope this will not give a negative impact on bitcoin.

Surely users like us would not gonna put our bitcoin in Paypal that is just like a custodial wallet that you don't have control, especially if you have a big amount of funds.

Most of us would prefer a wallet that has a private key but still getting Paypal would give bitcoin potential investors.

Thinking about the Presidential Election, that could potentially affect the market but I'm not sure if the cryptocurrency market is gonna be affected. Last time we see a movement from the value of USD.

Everyone is deserving to have this price of bitcoin because everyone did their best to have a bigger price. If no one trusts bitcoin, its price won't become like that and we cannot do a thing to move it. It will only move if there is a bitcoin buyer. I hope that the price stays above 13k so that all of us can earn a lot of money for a long duration of time. If bitcoin continues like this, no one can stop the mass adoption all of us are waiting. I also hope that bitcoin won't get a big problem so it continues like this.

No, they will not. Potential investors of bitcoin will not happen on paypal.
Paypal won't let you move your bitcoin even if you have the same paypal users. But let say thanks to Paypal, people are talking about this, and obviously, paypal this could be ignited and trigger their knowledge to buy bitcoin, but not on the Paypal account.

In my opinion, PayPal will take the right step towards the mass adoption of Bitcoin (and 3 more altcoins) in early 2021. I'm almost sure a lot of customers will buy a Bitcoin pegged asset backed by the company as an investment, because many people are aware of the next mining reward halving which is likely to positively impact on the BTC price in 2023-2024.

I also heard that PayPal plans to partner with Paxful which has strong security system. Buying a PayPal asset which is related to Bitcoin will immediately initiates a buy deal in the cryptocurrency market.

I'm glad to see that Bitcoin has crossed a $13K threshold again due to recent good news.

Well, for me, this is a movement to watch, but I think this jump in price was probably caused by PayPal announcing an interest in cryptocurrencies.
I am happy to know that some institutions and companies are joining cryptocurrencies, this only helps to aggregate and massively disclose cryptocurrencies

PayPal is the first mainstream payment processor to include Bitcoin in its platform. It is like a glass ceiling being broken, after a frustrating wait of many years. Since now PayPal has done it, we can expect others such as Visa, Master, Moneygram, Western Union, Amex.etc to follow suit. Also, I would like to have Bitcoin as a payment option in online retailer sites, such as Amazon, Ebay.etc.

Thanks for correction, i think I expressed it wrong.
In fact, PayPal adhering to cryptocurrencies is a "game changer". I would really like that to happen, imagine, Master Card, Visa and other companies that you mentioned accepting cryptocurrency!? !! Bitcoin price would go to the moon

One company I would like to share that bought (a lot) bitcoin, was MicroStrategy.
With these types of corporate attitudes, we can see that cryptocurrencies are gaining ground today.

The news regarding to PayPal already triggered those people who are not yet well aware of this industry, people who are only using PayPal will gain knowledge about crypto.

The fact that they already seen it added to PayPal will bring their attentions and start seeking for their own opportunities, in this time of pandemic where people are trying to find additional opportunities. Bitcoin will be an answer for them.

Maybe we really are going to see an awesome bull run in the near feature with all the news that have been coming out lie PayPal and aware and other companies buying loads of bitcoins.i hope it exceeds the 2017 bull run.

I hope by the end of this Christmas we will be above 15,000 USD. The coming year 2021 seems to be good for bitcoin and cryptosystem. Now the Paypal has also made announcements regarding its acceptance of bitcoin.

I feel great of what I saw on the chart now but now the value is more than $12,000 but is still good value. It is the result of patient of the crypto user and this is it and we can back again the bull market before the ends of the year happens.

Next week I think the value is around 13k to 14k dollars until it reach back again the value of 20k dollars per bitcoin and once it happen again hoping that every one will take care about that price and don't dump again the value because increasing and waiting is not easy .

Yes paypal has a huge impact to the value of bitcoin now that they are openning the door for their users to buy and sell bitcoin using their paypal account. And the fact that many investors of bitcoin are using paypal. Bitcoin is really improving and there are many improvements ahead that's why the value of bitcoin keep on moving forward and we're looking forward for the another ATH of bitcoin this year.

Some crypto media sites posted the update when the price was at $13,000 the first time. I think everyone is aware that the price will be going up, that's what it has been doing. Earlier this year we got to this point before the pandemic dragged everything from the top to the floor.

So, I looked forward to it getting to this level and it has been doing just that; the price has been slowly going up, if you can remember we reached $12k before the drop to the floor. The price will soon be stabilizing on this $13k just as it did with $12k before slowly moving to $13k, I have seen that with the way it's going. Last 24 hrs was above $13,100 and now it's $12,950.

Long time bitcoin  was in the range of 10-11.but now it's performing very well and broke 13k which is absolutely brilliant.Just waiting for the time the price will be above 15k.Probably 2021 will be explosive for bitcoiners.

It was great to see that bitcoin is now making another increase from $10k to $13k in a short period of time. It seems that bitcoin will sky rocket again anytime soon. So, time hold more bitcoin in our pocket but still we need to take the risk.

Already predicted it, and I'm hoping that it reaches the 15k$ mark or make another new ATH.

Reaching $13k today is a good sign that bitcoin will dominate the market.

Is this a bull run for the year 2020?

Bitcoin has been dominating for a long time, and it could very well hit 15k in 2020. Now the price has dropped below 13k again, but this is normal. Bitcoin has repeatedly broken through the 12k barrier, and most likely will be so with subsequent levels up to 15k.
The second half of the year can be considered a bull run for bitcoin, but not for altcoins, which further fall in price. Perhaps this is the result of an overflow of funds from altcoins to bitcoin.

We still don't know if bitcoin will go 15k again and we are hoping for that thing. I already invested all my money to bitcoin and waiting until the highest value came. If 15k is the highest value that will come this year, it will be a big help for me because i can start trading on 2021 with a big starter funds. Bitcoin is doing pretty well on the past few months so I decided to predict that bitcoin will surely reach 15k for this year but if it doesn't come, I'll still continue my bitcoin daily life.

Nothing is assured when it comes to price because all of us are just speculators on here where we cant tell if the price would head up to 15k for this year or would be stuck on this 13k level.

We had indeed reached 13k but we are not really that moving but this is better than have nothing at all.When you do invest on bitcoin then dont expect that it will really be a profitable one
unless if you do go for long term then you can really expect.

For now the price is playing on 13k then goes below it for a certain time then it do reach again on 13k level.Price are playing on this level which as a daily active trader then
these movements are really ideal.

Yeah it's really clear that expectations of people who transacts with  bitcoin is for it to rise above initial price since 2020 price,because people has predicting and also agitating for a price of bitcoin to accelerate above initial as I said before and it does not get to such point, looking at it no one want its price to depreciate below $12000, everyone mindset is bitcoin price to rise which will benefit bitcoin users from my views.

Bitcoin started pumping again. I was just watching prices LIVE on Binance and there was a huge order at $13 600. About $2.6M worth of Bitcoin.

It got sold out in a blink of an eye. I was not even able to take a proper screenshot.
This is all I got

https://i.imgur.com/uKl79Nh.png

Im predicting that the new ath will happen next year. Bitcoin is just warming up and soon to take off, i think  bitcoin will be around $19k  by the end of the year. 

Bitcoin has improved a lot lately and looks like it will continue to increase gradually, but that is just a prediction that is not necessarily correct because bitcoin is volatile or volatile and can turn things around suddenly.
and I am not sure that bitcoin will reach $ 19k by the end of the year and but if it reaches $ 15k maybe because the price is close to the current price and nearing the end of the year is only about two months away, and there is a possibility that in 2021 bitcoin price will continue to increase slowly until it reaches the price is high and I heard it could be as high as $ 20k according to prediction experts.

What will be our next target though? Like I know we are talking about 13k today but what do you put your eye on right now? I get that it would be quite important that people would be focusing on the happy part of the situation but we have to focus on the future of our profits as well, just because you made a buck today doesn't mean you will continue to make more money in the later stages neither, you could totally get nothing at all as well.

As long as we have a clear path and we know what to do, I am sure we will definitely find a way to put a new realistic increase but we are at a strange place where we do not have a short term profit idea. Sure we want to go to 100k, or even closer we want to go to 20k as well and break the ATH price but what is the next small step? 13.8k? 14.2k? maybe 15k? We have no clue.

I am not making any prediction over here but If the same trend continues then Bitcoin will reach $19k mark by the end of the year because looking at the chart it's all going good with minimal chances of dump. I just wish we don't see a repeat of 2017 wherein ATH was followed by massive bloodbath where every crypto coin was trending red.

The time is here I think and 2021 will be a great year for digital currencies. The bear market is over and the bull run has already begun. Lets's enjoy the ride

Right after the moment the price of BTC just broke $13750 and there is a big possibility that bitcoin will cross $15k very soon. It’s time for BTC to reach a new ATH! I don't see much resistance until people starting put their sell order bitcoin continue follow upper side.

The current price of the bitcoin is in overbought area where it is considered as healthy movement because it is in uptrend. The overbought area will only become as bad sign or weakness if a certain cryptocurrency is in sideways or in non trending movement. There is possible small consolidation in the current price area and I think there will be a good opportunity again for those who are not yet have bitcoins. The next resistance is at $13,800 where it is considered as major resistance where if the price managed to break it, there is possible rally again that may happen.

it does and for a week now Bitcoin price is getting higher and higher though just now that that value decreased by more than 100$ in a short period of time.
as Ethereum fell down to 300$ level again from the strong run to almost $500 recently.
i think this is some kind of correction and when the pump starts that is the bull we are waiting for.
at some point i am strongly believe that before the end of this 2020 good things will come and recovery will take over as the Effect of pandemic is slowly fading nowadays.

Are you sure? We know the bear market has been dominating the crypto currency market for almost 3 years,
and now the bitcoin price and cryptocurrency marketcap are slowly rising, but is this the end of the bears?.
to be honest I'm not 100% sure about that yet, because altcoins are still at the bottom.

not totally for 3 years because in the beginning of 2018 the residue of btc bull run were still there and then it faded and return some parts of the bull somehere between the 2018 period .  this cant be the end of bear yet but this can be the start of the bull run , we can see that in the movements of btc which is now increasingly non stop .  if history repeat itself we can experience the 2017-2018 era again but this time its the 2020 to 2021 bull season . we still have time  to be able for altcoins to catch up  but btc is having a good time for now .

If you are going to look at the top 10 coins including bitcoin, you can say that it still in the bear market because it's like 40% behind it's all time high, however, we are not in the bearish season like 2018-2019 because the price is slowly recovering, altcoin is different story though.

So for bitcoin, the bull run has started, this is like 2016 wherein people are accumulating and filling their bags with cheap and discounted bitcoin. The real bull run will happen sometime 2021 and it can go further in 2022, it will be different as it might be a bigger bubble than 2017.

$14k breached few hours ago.
https://i.imgur.com/jyyuTO7.png