Bitcoin Forum

it look like that  13k price range  there is some  accumalation   action.

like every sell order getting eated. ::)
so all the profit takers sellings have immmediately buyer
simple words we have big accumalation in 13k price

i think no comments need what will be happend soon !! ;D

Sorry to burst your bubble, but this definitely doesn't automatically mean we're going to "moon" or reach all time highs just because of the recent price action. There's still technically a non-zero chance that bitcoin does a nosedive(though I'm definitely not saying it will). Just gotta be realistic. :P

There's a great volume with Bitcoin in the past day yet we can't still beat the price of $13k so I think there is still a huge wall on that price level, but if we are able to break that wall Bitcoin can go up further but there's still no sign of MOON as of the moment. Watch the market closely, you can become a seller or buyer depends on your target price, so if you see opportunity grab it right away because Bitcoin moves faster than what you think.

Bitcoin's price is rising compared to before if the demand doubles the front will likely be more attractive no other currency can break bitcoin the price of other currencies increases depending on bitcoin but it is not clear how much the real value can rise. In the near future everyone around the world will use cryptocurrencies so even though the price of bitcoin is higher there is nothing to be surprised about because all the resources of the world have to be bought with that limited bitcoin so the price of each one will be skyrocketing.

Actually Im bit scared of the price action btc is doing. I just hoping its not just a hype due to paypal announcement only. I can see the volume picking up, and unlimited printing on usdt has been observed happening.

The retest of 12k is not so long ago so better stay alerted cause it should have been stable for long time first before we can finally see some settling here. Altcoin price is not moving but only those few ones so Im still in doubt with this one.

Bitcoin price already touches $13k, but unfortunately, the price goes down after that. But bitcoin will have a chance to break it again because it now almost touches that price again. That will still rise to the next highest price, and the price will not just stop at $13k. Perhaps, people out there open their minds to accept bitcoin is one way to make money, so they start to buy bitcoin before the price goes up higher.

This time, we can feel happy to sell bitcoin at $12,900 after buying bitcoin at $10k-$11k. But we can wait for another downtrend to buy more bitcoin later. If the price back to $13k again, perhaps, the price will still go increase in the next week, so we might see a new surprise from bitcoin.

I could say the same when the price was stagnant at 10k USD for months. The volume of buying was equating the volume of selling. Does not mean anything special. You dont have access to order logs for every exchange.

Buying spree for some reason or other.
No. There were buy order and sell orders at all price ranges. We have bots running on every exchange by many traders which automate such orders and thus the assumption is not correct.

What we can say is that it is a bull trend currently. While there is always a chance of so called "moon" - you need to decide when to take your profit and sell. Because if you dont, you will lose a chance to recycle the money back into the game.

Recycling the money is important factor which reduces the anxiety of having to hold for long.

The price action is looking healthy indeed. The fact that we have strong buying pressure at this level shows the bullish momentum. It remains to be seen if the bulls are strong enough to push the price and trigger some stop losses to further fuel this move or we need to retrace to consolidate and then break towards the next level.

Until we don't break the ATH, we still quite a lot of resistance to crush so let's stack those sats.

I think $ 20k will be easy to touch before the end of this year, I already have some in my bag and that is increasing the amount of my portfolio profit, so seeing bitcoin price is quite good after yesterday's halving, so I will be waiting for other surprises besides paypal in next year 2021

The accumulation has been ongoing for quite some time now, the buyers you're noticing are probably fomo buyers. Brace yourself though as there's a possibility of a major correction incoming, the US election is just days around the corner and some uncertainty in individuals will definitely have its effect on the market. Don't get all your hopes up as the price is correctly experiencing some upward movement.

This isn't a natural price movement instead a reaction from the news of paypal joining the cryptocurrencies industry by offering a service to allow their customer buy and sell bitcoin and others cryptocurrencies. Don't assume we won't see bitcoin under $10k again, while that's what we all want, the market doesn't care as any slightly bearish news can see the price decline massively.

That is very much possible before end of this year or it could be more than 20k$ I guess.
But of course we still need to hold our BTC then take the opportunity to buy those top altcoins in the
market were there price so far was really cheap then hold once you buy em.

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

I think what happening is FOMO right now!
Especially if you will compare the volume when we are around $11,00 and break above $12,000 to we now where we broke $13,000 and we are playing ranging on it.
The volume really shows for me that the break above $12,000 up to $13,000 is extraordinary, and really a strong one. Not bull trap for me this time.

I hope we can have another big news like this I cannot think of another big news maybe the authorities will let Facebook create their own token, it's one of the thing that we all want to happen but did not happen, at least we have Paypal that contributed to it's price increase.

Its indeed a visualization of how market were doing well up to this point. Bitcoin having a value of $12000+ were definitely attractable to the investors knowing that even when we are facing a current pandemic though it didn't seem a hindrance for a bullish market. Today was a good time to invest with such a good coin, even trading yields a good point to take on. And no doubt that bitcoin were still dominating the crypto market.

In fact, I don't think of it as hype from the paypal announcement, but it is good news for bitcoin, whose prices are starting to rise, we will break the high wall if there is already a lot of use in exchanging bitcoins on paypal, that's a sure thing with stability that will still happen forward.

Altcoins now are not sure which direction to go bitcoin always comes by surprise if there is better news then I will consider it a positive thing still I am not so sure about altcoins even though the pump is already happening there is bitcoin we will not see altcoins like we used to.

At every price level, we have takers/buyers.

There's always the FOMO that's being made for those levels. In $9k, people thought that it's expensive but some have been waiting for that price to buy. And with $13k, the same thing is happening.

It's an unending cycle.

We need to be careful just as we can reason away what we are seeing in the market using your explanation it is also very easy to paint this in a negative light and say that the price of bitcoin has been now rejected several times from the 13k level indicating there is a very strong resistance at that point, if the bulls can beat it then there is a chance of a strong rally, is this going to be enough to at least touch the previous ATH? No one really knows but there is potential there.

However what happens if we are rejected from the 13k level? We could go back to the 10k support level and maybe go even below that as people lose faith in the current movement.

There are a lot of possible factors that we may consider after the price of Bitcoin surged to the highest price this year.  We always have been experienced a short pullback of the price after surging in the market, but at least we're just still on the healthy stage of Bitcoin price.

The reasons for Bitcoin price increase probably are these,

• Paypal announcement of buy and sell cryptocurrency
• Investors diverting Bitcoiin investment since the stock market has been down due to near US election.
• Keep spreading of Defi projects

Whatever the reason it is, we have a spectacular price increase and we do hope that is the start of the bull run.

It's not time to get too excited over the recent movement in bitcoin price. Let us not not forget that the US election is just a couple of days away and we expect the market to take swings throughout the duration of the elections. Also, on shorter time frames, it does look like buyers are getting tired and would give in to some selling pressure and due for corrections as well.

It's common to think that for every positive action we see for bitcoin, there will be an opposite reaction that we might see after that. In my own observation, bitcoin's opposite reaction whenever it's up, the effect isn't that much if it starts to correct. And the printing of Tether, it's unstoppable unless there will be a law suit that makes them stop from doing so. The approach to $13k is giving a thought what could happen next when it starts to go down, will the effect going to be that much and can make bitcoin back to $8k-$9k or we'll be stable to $11,000-$12,000.

For quite a while, yes, but after close inspection on what happened almost immediately later that day, you’ll also see coins getting sold here and there, prompting the price to go back @ around $12600 and above. Usually accumulation occurs waaaay longer before the price increases, and it’s even greater in numbers compared to what you have seen recently. Perhaps what happened on that day is someone bought a huge sum and thought that it will breached past $13k, only to be proven wrong just an hour or two later and afterwards, selling some of the coins they just bought.

I am very happy that Bitcoin finally hit the price of $ 13,000. After the last few months it has stabilized at a price of $ 10,000- $ 11,000.
Even though after that the price went down again, I am still optimistic that the Bitcoin price will go up again. We really have to continue to
monitor the movement of Bitcoin, Moreover, there will soon be an election for an American president, usually it will slightly affect the price of
Bitcoin. Stay alert when deciding to invest in Bitcoin, because the Bitcoin price moves very fast. If it could go up to the price of $ 13,000 quickly,
there is a chance it could go down fast too.

i hate to use word hope for me crypto is full business and really nothing to do with hope here !!

There is many possibilities for bitcoin price movement, you may right that now bitcoin price is sideaway and it might be an accumulation zone. Because in some cases when bitcoin price up drastically then we will see a dump that will happen and I didn't see it right now.

Seem like there are many investor who believe that bitcoin can touch it all time high. But who know, that is just an analystic only, we can't rely on it. Hopefully, we will get another good new in the future so we are trully in bull run market.

we can talk this and that btc will go up and down and sooo...

but what i did pointed here was that  13k price range was accumulation !!
everybody knows after accumatilation price goes usually up.
and accumaltion orders was eated like no tomrorow i was on it i was monitoring and i saw that.
if those guys who accumalated btc 13k price range will let to btc fall under 12k they must be grazy.

thats my point here!

Too early for that Moon but I understand the excitement that we have right now because of being dumped for the past months and now we see the big pump of Bitcoin. People are still stress with the pandemic and I’m sure everyone here hopes to see bitcoin go up again, now its happening. There’s still a chance though that the price will go down again as many will sell early to take profit, its the market demand now to dictate the next price trend.

Big accumulation? Just hyped due to paypal.

Who knows maybe whales may take the advantage of current market condition and dump their coins.

Now it's October 24, 2020, we have a few months left until 2021. I don't think that time will be enough for bitcoin to reach the $ 20,000 price tag.
I guess bitcoin will be trading around $ 11000 ~ $ 13000 from here until the end of the year.

Good thing bitcoin price cross $13k and this is good news to the users seeing this price movement in the market. But, you know there's still uncertainty if we are really in the bull market. Let’s see this coming months if price of bitcoin will hit a new all time high.

How is this good news when all we will get at the end of the day is an outrageous increase in the amount of transaction fees? There's really nothing to cheer about for an all time high!

This recent price hike is mainly because of PayPal announcement of buying and selling of btc over its platform.The btc is trading all time high in 2020 above $12500 after being bearish in the market for almost 7 months.The price was high $20k in past year but it rose 5% by $1000 this Wednesday after this news.The reports suggest investors want to invest in decentralised,non sovereign and secure currencies like Bitcoin by shifting from traditional market approach and this will boost the prices of Bitcoin with great surge so just be patient and avoid any negativity or any kind of FUD's spread in the market by whales to profit themseleves.

Finally, bitcoin's price is back to $13k again. I think it's a positive moment from bitcoin, which we expect because the price can touch $13k this month.
By touching $13k, we already hit a new all-time high after we wait for almost 3 years, and if the price gets more supports, I think the price will increase more.
But I guess we are still far away from the real bull run because the price is not starting the rallies to the highest price, but we only see $13k.
There is no guarantee if the price will be staying at the current price now, and the price can go down to the low price again.
You need to prepare yourself if the price is down to buy more bitcoin at a low price.
Hopefully, in the next 3 months later, the bitcoin price will have the opportunity to make another new ATH.

The current value of Bitcoin has become a topic of interest to its users. Because the price of bitcoin has reached 12k and has been declining again, now everyone is hoping that the current rise in the price of bitcoin will exceed the previous high. Everyone is now hoping that this bitcoin price hike will have a positive effect on the cryptocurrency. So now it is a matter of interest to everyone whether Bitcoin will cross its next height or go down again.

At the end of the day bitcoin is a volatile product and what will happen to it will always be up for debate, it will never be something that is guaranteed and that is why I highly suspect that it would be "no comments needed" type of situation.

Also accumulation is not what you think I believe, accumulation is when the price stays around the same level and grows steadily, right now we are not even at 15k so we can't have accumulation, plus before a big increase happens due to accumulation finally becoming a bull run, there could also be an unexpected big dump in order to make even more money by the short futures holders, they know we are expecting a big increase so they could turn that into their own benefit. It is not something everyone could predict beforehand so we should be careful just in case.

im a trader and of the things what i do is montitoring the markets and doing analysis !!

im not talkign about paypal news!!
i said i was monitoring and i seen the accumalation !!

in fact there was accumalation of btc

I do agree with you, we should accumulate bitcoin, however, the best time has already pass, the period that we should accumulate is when the price is below 5 digits or even at $10k, it stood like that for months and maybe there are speculators or investors who invested a lot. But at $13k, I don't know how can an average trader can accumulate when the price is too high. Unless you can time that market or wait till we see another downward spiral to 4 digits which I doubt will happen specially entering December.

i dont know but i saw it someone was accumalating btc every sell orders been bought.
i was checking the wallets and blocchain addesses so i find it it was big accumalation on 13k price range.

thats all i know !

It's possible that there are average joe doing what we call "stacking sats", just small buy won't harm and it's not a marathon. If someone has a goal to reach at least 1 BTC then go for it, you can do it by accumulating overtime. So probably it will continue even if the price goes even higher in the future. It's a long journey for most traders but if you would look at how it can change your life forever then it's going to be worth.

13k price range was big  buy orders.
aerage joe was one who sold
the sell orders got eated fast i was checking all this

Now the Bitcoin price has gone back up to $ 13,100. This is a good sign, even though when Bitcoin corrected to a price of $ 12,800
I should have bought Bitcoin. Because I thought Bitcoin would dump to a price of $ 11,000. It turned out that my guess was wrong,
it looks like Bitcoin will continue to rise until the end of the year. I have to be brave enough to take risks by buying Bitcoin gradually
every time Bitcoin goes up. If my analysis is correct, I can make a big profit.

I think wrong mind when many people looks interested with bitcoin during price is going up but why not buy or invest with bitcoin during have lower price, will give much profit for every investor wanna buy bitcoin at lower price and take profit after get higher price. I don't know why many people always invest after bitcoin raise to higher price and never take chance when bitcoin down, better waiting when bitcoin have bad impact with bad news or some thing else to get much profit when buying bitcoin with lower price.

It is normal to have that mind because they think that bitcoin prices will still increase.
If they can search for more info about bitcoin, they will know that bitcoin's price will not always go up, and the price will be up and down many times.
The investor will search for much info before investing in any investment, including in bitcoin. They don't want to make a mistake in the middle of their journey.
Many people try to buy bitcoin when they see the rallies because they read on many websites that bitcoin will soar to the highest price.
That is why they race to buy bitcoin before the price rise to a higher price.
If they still do that, they will not make a profit because when the price is down, they will be panic and sell it before the price jump to the lower price.

Compare the price now in the pass month are getting increase so bitcoin i think slowly increasing. So keep holding bitcoin because we know that we have a good future in bitcoin.
Much better to be wise now because bitcoin can blow up anytime so we need to hold bitcoin.

PayPal adoption of Bitcoin and the aftermath of the news was responsible for the upsurge, now the dust has began to settle, the price had been on retracement or pull back, I hope it settle at the  $13K support else the downward movement might reach $11K5.
Some profits ought to have been taken at $13+ instead of buying at that zone which is suppose to be high.

I think it was huge pump not slow one it has passed 13k$ as it was 11972$ .I noticed the price action close and the real game played by the paypal news .It has boost up the price and easily crossed the 13k$ level .However i think the momentum will keep continue and touch the 15k$ at the end of this year .

This is not the first time, we are seeing bitcoin market is trading around $13$ region. But, it seems bitcoin market is slowly heading toward a new ATH which may happen by end of this year or completely in 2021 but definitely a new ATH is due after the recent halving. So by considering the long term trend of bitcoin markets, we can assume what ever things will happen right now may just pass away or will push prices toward bullish. This is as per what historically bitcoin market did just after every halving.

People may book profits around $13k and may re-enter lower than $13k but being a long term holder, I guess I do not need to bother them. I am just eyeing big target like $20k to take some profits. I believe when more people do target like me, I guess we may jump more quickly toward ATH rather than bothering these middle things.

The actualization of Bitcoin price to hit this $20k before the year out won't be easy becasue of the current happenings around the world of cryptocurrency but with the recent PayPal announcement concerning their involvement in integrating the buy and sell of Bitcoin will be a big plus for the market in come 2021. I would say, next year will be the most wanted year for holders like what happen 2017.

When it comes to Sell walls that had been eaten then it would be a never ending story as long this market rolls out then theres no way for someone to tell on what would happen
in next minute.This had been always the case. 13k accumulation phase? You cant tell but somehow we do have our own sentiments and feels that this might be the time
to make out some move on stashing some coins.For those who do take risk and the price had rise up after will surely make out some money but for those who doubt
then they already missed it once again.

not only that it is also a big chance to all investors desire. Actually, if we have a big capital to sustain, this is the right time to buy Bitcoin also at a lower price while waiting for the correct timing. but first thought before entering because we can't guess when it becomes stable.because we all know that the volatility is our major problem like the unpredictable subject.

You cannot expect bitcoin market to be staying stable for a while because it may remain volatile for at least next one hundred of years as that is expected time for all 21 million bitcoins to be mined out. By considering these, this must be the right time to enter and to be holding for long-term perspective. For this, you do not need to be capital but you must need long-term plans so that you will not be having any other commitment for those funds which you will be investing into bitcoin.

There are different kinds of people trading and holding bitcoins here: Some people are looking for short-term targets like $14k or $15k and some others are targeting all time high like you $20k. But, there are people like myself who are looking for millions of value in long run or at least $100k in midterm.

So, there should be some people who will be bothering about each and every phase of bitcoin price levels. It is just part of every market.

Technically speaking bitcoin is just trying to break the resistance at $13000 which is why the orders are getting executed so fast.
Bitcoin did go to $13300 but couldn't hold it further. If bitcoin stays at $13000 then chances are either it will drop down to $12500 - $12000 and stay there for a while or bitcoin will create a new support at $13000. The experts said that the probability for bitcoin to go in a cooling period and  shake off the weak hands is high.

It doesn't matter how big the target is chosen, the most important thing is that you must remain consistent with the initial choices and strategies that have been made. The more people holding bitcoin and targeting high prices, will certainly affect that bitcoin price too. The Short Term, Mid Term and Longterm methods will both be profitable and never make a cut loss when you lose or the price decreases because doing so is the end of the strategy.

Indeed, it is an act of accumulation but at least there is a trigger that makes it happen and this is a certain circulation that will occur in the market. Even so, the price is still fluctuating as the trigger that occurs will not make the bulls run any further but anyway, I don't think there is anything wrong about that as this is like a common action of rising and falling prices.

Speaking of falling the price, I think we are almost there since bitcoin has been back to the $12k price range.

That is right, investing in bitcoin is quite a risk but if you really want to know how to open it, the door is opened just for you.
Paypal and other circumstances that bitcoin slowly pumped up and now the nearby US presidential election,

Like always there is no way to be sure especially since exchanges for the most part hide the orders of their bigger clients given them a huge advantage over the rest of the traders and investors in the market, but it seems to me that this movement could be real, each passing day we are above 13k is another small victory which means this movement could be the one that gets us close to the previous ATH and maybe even surpassing it in the process.

And yet despite all of these great news we still need to be careful, after all we have been here before not long ago and the price went down so whoever is thinking about investing in this market needs to do so only with the money they can afford to lose otherwise in the case they lose their money such losses could be too much for them to handle and could lead them to financial ruin.

And Bitcoin went up again, just another retrace and makes the market crazy again, it's really hard to predict what the value will be after some days but it's good to see that it went back to $13k level again.

With this bullish approach it seems to break it up and try to gain another level, with that more and more traders and investors will play it and keep the momentum positively.

We might  see more as the last quarter run may attract more investors to put more money around
the market.

The good thing is the average volume of the bitcoin where it keep increasing in these past days, the surge of the bitcoin became hot topic in many social media platform where it now creating hype that can be considered as good thing. My current bias is to see the price of the bitcoin will stay above $12,000, if that level holds then for me it is a bullish sign where in it will create another higher high and managed to go near at its current ATH. A lot of traders are now making profit for sure especially those scalpers who are using high leverage. Maybe next week or in the month of November we can see another price increase to the price of the bitcoin.

The $13k resistance has been broken several times already, and it move to $13,600. And if the price remains there, there is a chance that $14k is possible November, and then we might end up at $15k++ in December. Period of accumulation is still there, not the same when the price is $10k. But if you see that the price can go on another bull run next year to $20k-$40k, then still at this current price, still cheap and investors are willing to accumulate.

This is the risk that you take in bitcoin world, right now price is over $13k and this is when there are tons of people getting involved as well. You can't have a big price increase if people decline to buy bitcoin, it is impossible to buy bitcoin when the price is high, if you stop buying that means price wouldn't be high to begin with, which means there are millions bought around these prices to make it higher.

However the same logic also declines the quote "buy low sell high", if we sell high it would never be high, it would be a bigger low instead of high, which means we need to buy low but also keep buying higher and higher as well in order to make the price go up. So, it is perfect for selling right now if you bought few weeks or even a month or two ago, you would make close to 30% profit, but if you do not sell you could either lose money or you could profit even more.

Yes it did broke $13k already but it was unable to hold it previously and kept falling below $13k.
Things have changed now as bitcoin is above $13k for so many days already. The new support has been created and the resistance at $14k is now being tested by bitcoin.
True that the accumulation levels are high as there is so much of positive news regarding bitcoin in the market.
Chances are there that bitcoin is heading for $20k and might create a new ATH in a few months.
But I think that it would be very tough for bitcoin to break the $20k resistance level as there are many people waiting for bitcoin to reach that price so that they can dump their holdings from the 2017 crash. Anyway, it will be interesting to see how bitcoin performs over the next few months.

It's still not over the news will have a long term effect people are still going to buy because they are not buying now but they are going to when they have the means, I don't think it will stop the effect on the price, because it has been established that PayPal one of the biggest online company is now part of Cryptocurrency and PayPal will have a lot of plans when they start this feature.

It is too early to talk about 20K... Bitcoin could not break the resistance on 14K... And now we see the price correction...
If the price can rise above 14K, then we can think about reaching the past ATH... ;)

Yes, if the correction comes, that will be a good time for us to buy at a low price. But make sure you can place your order at a low price and wait for more. The price will rise above $14k, and I am sure that the price will break every high price at the right time. Meanwhile, we need to enjoy the moment to buy and sell. But to reach the new ATH will require more time, and I am not sure if that can happens at the end of this year. But if that happens, I am sure that we will make a big profit again.

We are moving towards $20k like the good old days, I knew this day would come one day but I never knew when that would happen, I am very happy that it is finally here. I can't guarantee $20k obviously, I can't even guarantee staying above $13.5k for too long, maybe tomorrow we will be going down to $10k who knows?

But, I remember 2017 just like yesterday, it was just a month after month of regular craziness and around November it started to finally crack and it went up to a level where it was like $3-5k range and everyone was excited and thought that we reached a new high that would be there for a while, yet we broke over that by 5x and reached to $20k and nobody was believing what they were seeing. So at the end of the day I say this increases could be signaling to something much bigger.

Hardest part is that neither of those two can happen where it might increase or we can that this is already the start of bull run but  basing of on the movement then it isnt really comparable into that
2017 bull run that we had in the past but somehow these kind of increments does really signify something that will happen.

Due to unpredictability in this market then its normal for people to have doubts thats why i do believe that buying power is just lurking around the corner.We arent still witnessing the full
buying scenario and everyone are still on observation mode.

Its really good to look at for the price to cling up this high yet we had dumped on 3k wayback and its been a while on staying up on levels specially in 9k and 11k range.
Now we are hovering and might able to break that 14k resistance barrier and might go to 15k onwards but i dont really believe that we will reach up
20k for this year, maybe on next years to come but it wont really be that fast.

I think this is not the end of rising the price. Bitcoin will be growing fast and hopefully within some days, bitcoin will hit a big amount. $13k isn't a small amount but we can expect more from bitcoin. We are waiting for previous highest price.

The price of Bitcoin today is already $13,153, but decreased by 3.86% in the last 24 hours, but it probably won’t go down too far, I think it will rise to the next highest price. Hopefully, it doesn’t drop to $12000. If that happens who’s already sold at $12,900 as you said, he’ll definitely come back to buy bitcoin at $12000.

The good thing is bitcoin price can stay at the $13k level, and although the price is down for more than $300, it still at the $13k, so we have more chances to hope that the bitcoin price will be increased again soon. $13k is a good price to sell some of the bitcoin that we have because many of us bought bitcoin at lower than $13k to make a profit. If you can be more patient, you will have the opportunity to see bitcoin price will rise step by step and break the high price, and who knows that in the next month, bitcoin price will be up to $14k-$15k. The rise of bitcoin price will come soon, and while the price does not yet touch the highest price or make a new ATH, we can buy more amount, so we are ready to sell at the highest price.

Yeah, the price seems like 13k is the new normal for bitcoin because the raise is not because of the hype instead because of the news around bitcoins which include like he mentioned Paypal allowing users to buy bitcoins. Besides there are other news as well if you search and then there is also the fact that the market which was in tatters because of the corona virus is now starting to lift and people who sold their assets are now coming back into the market.

I think the new normal can be 13k and when it moves up we can call it bull and when it goes down we may call it bearish run. All said I still think the price is going to reach massive values in 2021 but still it is only speculation.

Some whales are getting into the event when PayPal accepted Bitcoin finally so there are some price changes happens but will this stay and continue pumping?
I don't think so because now we are experiencing downfall again.
Look at the market and more than Half are in Red paint again compared 2 days ago when we are in greening market.
so Basically 13k is still not a strongest Base price and may fell more in the next days .

I don't understand why these resistances happen and who causes it, because it there is resistance at 14k then surely there must be bigger resistance at 15k and beyond right? Then why often I hear that if this resistance breaks we can get 20k or even more. Just curious how these resistance work if someone can and wants to explain.

I don't want to sound too hopeful but if the trend in past few weeks and even months continue then we might see a really big ending towards the end of the year and then a little correction will happen in the next year followed by a new trend then.

Lot's of crypto brains are saying that the ATH is near and about to be reached. But these guys are same who said in March that Bitcoin will die now when the price dropped historically and everyone was worried. I don't trust the market news at all but because of the positive run even I am optimistic of reach some good prices in December because anyone who follows Bitcoins knows that the price always takes a leap during the Q4 every year and December is usually the best month for Bitcoins so we might see some real good values.

The market is doing well and the Paypal adoption is still in the waiting which will again make a big push in the prices when people are actually able to buy Bitcoins through paypal without any fear. Because a lot of Paypal users could not buy BTC from traders earlier because Paypal being reversible payment option, no one wants to trade with it. I don't use Paypal so I don't know if the feature is active yet or not to buy cryptos.

Bitcoin seems moving quite a lot lately and slowly increasing but this won't be enough reason for Bitcoin to set its new ATH. I'm thinking that it is only because of the acceptance of purchasing cryptocurrencies through Paypal. I don't think that bull run was gonna begin now due to the fact that most of the altcoins are still on the blood market right now.
Anyway, we never know what's gonna happen. I hope that this will continue.

everyone is waiting for the Bitcoin pump price to be higher,
because every 1-2 years after the halving the price will increase drastically,
look at its history, for now it can stay above $ 10k - $ 12k is very good for Bitcoin to get out of its bear zone.

Lots of people taking profit around 13800 is what happened but now they are all rebuying as soon as it went below 13k which didn't even last an hour. Probably we will enter the weekend and see even more losses (or the other way around) but the long term trend is shifting that's for sure.

Absolutely agreed, currently the correction Bitcoin is undergo is what could lead the present market to a bullish momentum becasue the price of Bitcoin is expected to hit above the $14k before talking about all time high again. For some to talk about the last weeks and days to be a bullish run doesn't make it bullish but just experience what we had sometime in 2019 ATH. There is high chances for the current market to get us the needed $20k before the end of 2020 i presume. 

The fact that the price changes by a few percent is nothing extraordinary or spectacular. The historical chart shows that the bear market period is over. The mood on the market is very positive, so there is no doubt that we are approaching a new bull run and achieving a new ATH in the coming months. If there will be some price drops by a few percent, these will be only minor corrections. I think that panic buy will start in maximum  2-3 months.

Currently the price of Bitcoin has been around the $13k and we should be looking further for higher price for Bitcoin. Back to the subject: we all know that the price of Bitcoin is volatile and can't be envisage for future, the effect of the current market shows that the price of Bitcoin will bring into play bubble. I will like to see Bitcoin price at the end of the year at $20k or approximately.

It looks like the Bitcoin's price stays at $13k unlike before which it immediately goes down after hitting $13k.
I think there will be something really interesting that will happened let's just hope that it would not go below the $13k line.
This is the same what happened before when it reach its peak.

ya.ya.yo!

It was the same at 10000. If you look at the charts you'll see that in September we got rejected twice from 11000 and fell back to 10400 and went back to 11000 in october to finally break above 11 and get rejected 3 times in one week by 11600 before that PayPal breakout. The trend is learly bullish and rejections only slow us down a bit.

14000 is the top from last year so everybody knew it will act as resistance but I think that it will be broken soon.

im with you . 13k is okay but the more the better ;')  . who doesnt want to earn more ? oh common lets not be shy  .

as long as btc havent returned yet on his 19k usd all time high , the speculators wont also not be contented and will push these  positive speculation more often till the day that btc finally reach that desired amount because you know , big guys are also lurking on this forum and the time will come that they are going to be annoyed to  us and they will make a way to up the price .  crazy thoughts but why not  ?

Paypal allowed rich people to be at more ease with bitcoin, there are tons of people all around the world who have paypal accounts and people who wanted to have a bitcoin but wasn't sure if they were ready or not, paypal pushed them to at least have a tiny bit.

When you have tens of millions of users who buy just a tiny bit, you get bitcoin to increase. Also I think accumulation is not the right word for whats going on right now, accumulation at $13k is not a smart decision, you should have done that long time ago, I believe this is more like a long term investment, accumulation sounds like you already had some and you wanted to accumulate more, these could be first time buyers who got in and want to wait years before they could sell off and get out with a decent profit.

^^ Let's not get too carried away with the price, if you do not like the price at $13.8k and want more, you are going to be even more upset about going down as well and it could potentially happen in a critical correction coming our way.

Basically it could be $15k tomorrow, who knows? But there is a big chance that $13.8k is not something sustainable since its brand new, whatever price bitcoin has for the first time in a while, it is always risky, even if it goes down very quickly it may go up and it could also go down when it is like this.

Just be happy about the $14k and react accordingly and just focus on what the price is today and how awesome it is that we already 2x this year in 2020 if we bought on first day and sold today, what "will" happen could be a discussion for later.

The current movement price of bitcoin is very interesting which it crossed above $13k. Since there are many prediction in this industry people are enjoying the momentum that others are into accumulation some btc. Many things will happen soon and I believe it will gain benefit the users. So let's see what price will hit this year ends since possible price will continue to increase.

Today the resistance around 14K was broken, but the price rolled back again to 13.8K... In 3 days US presidential elections will be held... I think that the Bitcoin price will react after the elections... I think that the price will go down...

Do you really believe that elections will have that much affect on bitcoin itself? I really doubt that it would have a big impact on the price itself, I know that it could have a short term impact if something happens but it is going to happen no matter who wins the elections. I mean why would anything change in bitcoin world just because Trump got reelected? Why would anything change because Biden gets elected?

There is two reasons in my mind why nothing will change for the longer term (aside from maybe like first 2-3 days), one main reason is the fact that bitcoin is global and not just American, Americans think that world goes around them and anything that happens there should impact the world, which is untrue.

Secondly economy will be still the same, transition of power doesn't start months later, even after elections Trump will still be president for a long time so everything will remain same for a period.

I will just be realistic with what is happening right now.

Yes Bitcoin is steadily increasing these past few days but I'm not really ok with it for some reasons. People are already talking Bitcoin and saying that it will moon. That is already one bearish sign already. People are bullish right now but for me. Nahhhhh I will just wait for a confirmation or at least a short correction because something is wrong here.

The more the price goes up the more difficult it becomes to break those resistances, I really think that it is going to take us a lot of time to break the 20k ATH because as we get closer to it people will begin to sell their bitcoin since they will be afraid the price will go down while they are holding their coins, this means that the bears will begin to take control of the market just when we need the bulls to have compete control of it.

So while there is the possibly the current movement touches the previous ATH I have my doubts we are going to surpass it so soon and we will need several attempts in order to do so.