Bitcoin Forum

Just a few hours ago, Bitcoin breached the long awaited $14k checkpoint.

https://i.imgur.com/jyyuTO7.png

Long did the analysts and evangelists preached about this milestone.
$14 000 is finally upon us. Are we ready to handle it? Is Bitcoin primed to unleash its might upon us?

Great we are now breaking into $14K mark so are we going to continue on climbing or are we going to go down soon?
Do you think that it would stay at $14K or would it be just the same as it did on $13K it would climb up faster?

looks like we are not ready yet because look at the value now,Just touched the $14,000 level and drop down again like that?

i think we are not getting any high for now,this seems like when we fist step in $12,000 this year when for how many times that the Value is off and go from that 12k level.

Maybe this is the start of looking for another breaking yet wont happen this next days,Lets expect this to happen the 15k or more breaking before this year ends in December.

I am happy to see the bitcoin price finally breaks $14k, although the price now is down to $13,900. I am sure that the price will be back to $14k because the chance to back to that price is still wide open. I hope that the price will not down too deep. But if that is just for a correction, that will be okay. But if the price is really down deeper, we will have a chance to buy back bitcoin from our profit before. But if we see the chart, the price will increase more than now.

One thing is certain. Watching Bitcoin breaking round number barriers like 12, 13k, 14k, etc... It always pulls back after breaking it.
Traders know this and take advantage by selling for profit. Thats why the price plunges always after the milestone breakpoint.

It's a test and once support follows this hypes for sure we will see more and it serves a good spark for this asset.

A very nice weekends for traders after breaking this point, showing that there are more interest flowing around and if another pumped happened it can start the spark bringing the value to a much higher position.
We can though expect some downfall as how things are experiencing currently, the value is now below $14k again but still close $13,852
can go up again any time.

We breached it as far as price is concerned. Regarding market cap, we breached it over a week ago. Graphs look good but I don't know what short-term impact the US elections can have. Anywat, I'm pretty confident that we are in the path to 20k and over.

Well if I remembered correctly we just reach out $13K not so long ago and now we already touch $14K but it is now around $13,852 as you said so it is still near the $14K mark.
It feels like we area really near on having another ATH but I think it is still too early to talk about it even though the price keeps increasing rapidly.

To assume or not won't make changes.
I was once of those people who are against speculating the market price but leter I realized that if things happen then be it. The market is having quite a good run, there are still my expectations of a sudden downfall but if there will be then I'll just continue holding and if its price continues to rise being able to reach the price point I am looking forward to, then that would be better. Predicting another ATH at this early point will not be a help and so do contradicting that idea. Market itself is inconsistent in the first place so let us all watch what will happen next.

It's definitely creeping upwards, after the Paypal announcement I think a lot of asset managers are starting to take it a lot more seriously and consider it to be a viable currency. Once that happens the sky is the limit when it comes to pricing, it could easily double from the current valuation as different companies seek to get a stash of bitcoin to diversify - the only thing that will hold it back are rising transaction fees driven by lots of retail buyers. I wonder how long it will take until we see the $15k barrier reached.

Too much of green in the market again today, which looks too good to me so we have to be aware of the market condition because we can expect the dump any time soon probably at the end of the year. Any technical analysis for 2020's end by someone? Excited to know where we are expected to reach.

We are not ready to handle the new $14,000 price range milestones because the Bitcoin transaction network confirmation delay with mempool flooding could be the reason for this current surge in price and we cant know if we are ready until the transaction confirmation delay is under control which will give chance for some arbitrage trader, whales etc to dump/manipulate the market.

There a lot more individual and group of financial institution to go into bitcoin coming very soon and boom to reach $50000 looks like not a dream anymore.
It has been 2 years since 2018 the price reached back to $14000 this is insane after we have been through down to $4000 in march, and now we are in strong bullish signal .
This is not a temporary hype. This is a real organic movement.
How confident are you guys riding this moment?

Bitcoin never was off the path to $20k. Question was only when will get there. I believe many are way to optimistic right now. Since it is November again that two times brought us peaks. Bitcoin will struggle to go above 20k same as it struggle to get above $1200. And even to $20k there will be a lot of resistance. One is here at $14k.

^ I am claiming myself that I am also very optimistic when it comes to the price of bitcoin prediction.
That is really great that we are at $14k as of the moment and it is fine to be consistent on that rate for a while but we cannot still guarantee what will happen next. Though we can enjoy this price as of now however we need not be complacent because it may also dump once whales make their move to manipulate it again and can have a huge impact on the price. But of course the same as with the others it only shows that bitcoin is doing well because it consistently increases its price and I think it will not be impossible that soon we will also reach $15k.

Yes, we haven't seen $14k for a while, so this is good news for everyone.

I'm sorry but it didn't stay in the $14k range, that's too much psychological barrier for traders, maybe some of them have a exit plan of selling at that price, hence it goes down to $13,700-$13,800. But we are still good though, just needed more time to stabilize and then maintain $14k and then looking at $15k in December.

I have shift stance now, early I thought that US elections will have a negative impact on the price of bitcoin short term. But now I think that any assets specially bitcoin doesn't care who wins on the election itself. We are pretty much in the bull run already, so it doesn't rely on politics or US elections. It will goes as normal, we have seen worst economic uncertainties and so bitcoin price will rise no matter who is the next US sitting President, will Biden or Trump makes any difference? No.

And isn't it a big coincidence that bitcoin rose to $14K during the anniversary of the release of the Whitepaper? Hmm, think again.

Btc just pull back down to $13,800 as of now, It wouldn't usually stay at the highest point after breaking new resistance level, but If Btc could gradually climb back to that level, there will be a huge chance that Btc would be staying at that range base on the price movement.
Nevertheless, It's good to see Btc continuing to make an upward movements.

https://i.imgur.com/Z03DI3X.png

For me, it's just a pullback. As you can see in the 1-hour time frame, it is really showing how Bitcoin is rising from time to time, started last October 28 - 29, when the $13,000 is a huge support for the short term on Bitcoin, multiple times we tried to close below $13,000 but look, it's just a wick and Bitcoin is bouncing back after a short period of time.
For me, once we again break and close abov $14,000, an easy $14,500 - $15,000 for Bitcoin.

Looks like it just hit it and pulls back it didn't stay for long at $14K.
Maybe there are plenty of people waiting for it to take their profit but it is still a great news maybe let's give it some time and it would be it's new resistance level.

I didn't noticed that it actually broken $14k barrier for a quick time. I've missed witnessing it but we're having a safe haven to $13,800. Although this isn't the support and we have lower than that but this shows that any higher price can be met soon.

Just always be open with the possibility of correction and vice versa.

We have to wait until it retest and stays on $14k for a longer time just like what it did on $11k and $12k. The slower the better.

I'm looking for it to push up to $15k and possibly over, before a pullback and a week or so of alt-season before they drop too. Bitcoin corrects to $11,000s in Nov/Dec before more firmly establishing itself in $13k/$14k territory in Jan/Feb.


$20k breached by July.

Of course, it is nice that Bitcoin touches the long-awaited $ 14000 point, but it could not hold out there for long, I think it is too early to talk about new Bitcoin peaks because we need some time to see if Bitcoin will stabilize at this point or not.
I'm sure it won't be long until we see new peaks larger than the ones we saw in the 2017-2018 peaks. This is what everyone has been talking about since the last bitcoin halving several months ago.

That is one of the biggest downsides of bitcoin, too many queues on mempool makes transaction confirmed longer even could take days or pay a higher fee to get it confirmed faster. Currently, the fastest transaction fee is 350 satoshis/byte to get confirmed in less than 20 minutes and you can pay fees of 172 sat/byte to get confirmed within 1 hour.
Nevertheless, bitcoin price manages to reach $14K although it jus a blink of an eye moment, now bitcoin easily maintains the support level at $13,600. Wait for 24 hours, whether bitcoin can hold its position or take a brief dip to $13,200 resistance level.

It seems, bitcoin price can't still increase after the price down from $14k to $13,800, and the price now still goes down touch $13,600. I only think that the price makes a correction again after touch $14k, and in the next week, the price will start to rise again. But if you look at the chart, the bitcoin price needs more time to break $14k, which can happen this month. There are many predictions on where bitcoin prices will go, but we need to prepare to buy or sell it later based on the current situations, including to be sideways for a while at a price now before the price starts the rallies.

There was supposed to be a massive wall at 14k, so the pullback was expected -- what I wasn't expecting though was that Bitcoin actually held quite well near 14k, instead of retracing to 13.5 or thereabouts.

Probably will need a couple more pushes at least but I guess a lot of people are happy to see this level after so long.

Trump poll results on Monday is going to head us somewhere strong too.

it is $14,028 correctly according to CoinMarketCapitalization

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

Is this the start of the New Market Hyping?are we looking for the much awaited Bullrun?

if Does then i'm lucky as keeping all my assets intact and selling nothing for the past Pandemic season.

Though the value is still sitting at 13,700$ now yet good to see that we made another breakthrough .

Looks like bystanders took the chance to sell their BTC when it hits $14k today.  You can see it on the pullback right after BTC hits $14k.  Though I can say that BTC would hover around $13.7k for some time and will eventually break $14k again then push through $14.5k.  If only FOMO triggers once again, we can see BTC crossing $15k  before this end of November.

As the market seems to move above $13500, people are very keen to make the sell order at $14000. Based on the market change more sell orders could've got executed by $14000. Probably the market will once again re-bounce in a short taking the price over $14000. As of now the market seems to fluctuate within specific price point without much of downward deviation which confirm the stable growth above $14000 soon.

That was a good breached at $14k becasue the market need to bounce back for more correction at this junction as we have seen Bitcoin behaves recently. The outbreak of this historical even could be a yardstick for a cater-porting to $15k if resistance is found in this $14k. Hope to see the movement of Bitcoin after this breakout before the end of November, 2020. 

This November will be a big test, yes it just briefly touch $14k but there are a lot of sell orders executed at $14k so obviously, it good sold hence the price goes down a bit. But the price seems to be on the up and down after that, so come Monday, we will see if we bull will attempt to get into $14k and then sustain it a bit become the support and mid November or maybe after the election, we will have a clearer picture as what the price movement will be.

If everything favours and the sentiments continue to be bullish this November so I wouldn't be surprised if $15k or $15500 or even $16k will be the price at the end of this pandemic dominant 2020.

I'm not confident about this  :) In general, due to the epidemic and the ensuing crisis, it is very difficult to understand the current economic situation. I have the impression that small and medium-sized economic entities suffer and do not have free funds, while large ones, on the contrary, are bathed in money. And most likely it is they who can easily decide which direction the price of most assets, including bitcoin, will go.

Not yet. Reaching to $14k is nearly possible but can't think that we gonna hold that long, dumps can be also at its near right after. If we can see the chart now, the price moves slowly, apparently there is no big change from yesterday. If the trend will keep that improvement, taken for granted that wasn't be reaching high before we end up this year.

I'm not thinking as well that investors will do the rally this time unlike what they did last 2017.

$14k happened so quick I missed it.  ;D
$15k is just so damn hard to reach right now.

I am expecting a $13k to be the bottom when people can now use Paypal as a means of buying Bitcoin.
We all know in this forum most members would not transact by that means but now it is accessible to the real buyers without the middleman or Paypal as the middleman.
$1k up is not that bad. I won't be expecting more to avoid hurting my feelings.  :D

The downfall of the price back to $13.7k is understandable, it is a correction that should constantly happen unless we are not ready to break over yet, it is not going to be something that is constant and we are not going to see a big bear run on bitcoin if you ask me. Just because bitcoin price fails to go over a certain price doesn't mean it is falling, it just means that it is not increasing and believe me "not increasing" and "going down" are two very different things.

Of course we are going to see above $14k eventually one day, maybe today maybe tomorrow maybe a week later or maybe later but we are going to see $14k+ without a doubt. However be ready that we could also see under $10k one day as well, maybe it won't happen today or maybe it won't happen anytime soon but under $10k will always be a glooming factor over our heads as well.

I think the highs are not as important in Bitcoin as lows. It can grow very quickly, even in just minutes, but what is important is what comes after that. Can it maintain the new level, or is it just a short-lived fluctuation? Recently Bitcoin fell to $13k after reaching $13.7k but then recovered back, and I think it's much more important than reaching $14k. If new price levels keep being defended, it means that upwards momentum is strong, and new highs will be reached, with or without sharp spikes.

I'll 2nd that, lows and a trend rising form the base to any proper move.


A different look to this latest move is just a simple rise above the 2 day average (https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Fw6jbG9A.png&t=618&c=iQVCG7vpiT_O1A).   More important is the weekly average below which we kept when selling off from the initial rise.  I dont think this move overall has been properly challenged so far to call it strong or weak with proper targets.   This next week has a large news event which suggests we do get the shock test to markets generally and also BTC.

This is expected to happen considering that many are doing their transactions now through online and some countries are already adopting blockchain technology. Bitcoin was able to hit the price of $14k but it didn’t stay on this level and failed to totally break the resistance, what’s good in the market right now is that, we are still trying to go up and the momentum is still here. I’m too close to my prediction before the year end at the price of $15K and I hope to see that price again.

for now, it didnt stay on the 14k level but sooner or later 14k will just be a history for bitcoin. with increasing adoption and more crypto users on board, the price will slowly climb up. we will not stay on this price range forever, either we go up or we go down. but the possibility of going up is favoured this time. the integration of PayPal and other merchants in their payment system will drive adoption.

there are even top companies publicly claiming that they have bitcoin as their reserve assets. and we dont know the actual numbers here just relying from their statements

https://news.bitcoin.com/here-are-the-top-public-companies-that-have-adopted-bitcoin-as-a-reserve-asset/

There are already predictions that the market price will be continuously increasing until the end of this year. But the bottomline is lack of assurance. Research sometimes is not enough especially in this industry wherein patterns are not even valid due to the nature of inconcistencies regarding market behavior of not only Bitcoin but also other cryptocurrencies. Much better is to focus on holding and avoid letting go of your investments for now even if the price is already tempting or even if there are doubts that the market could again go crazy. Hold-still.

Basically it seems like a very easy trade to short the top of June 2019 at $13.8K and most likely what will happen is we will head higher. Make go all the way to $15K before dropping or it might not drop at all.

There are very many people who are calling this the top and it shows on the futures markets. Basically tons of people went short on the initial break of $13.8K and there was a sell off but the selling was overcome by very strong buying. And yet we are still trending higher and higher so I don't think this is the local top.

Maybe if we get a double top again and it fails to break $14K one more time then maybe the bears will have a chance but right now there is just way too much steam to stop this rally.

I'm a little bit in this post but as you can see today it didn't breach in $14k but for what I've seen and on my own hopes I can see that the Bitcoin's price
will reach $14k and might stay at that point until the end of the year 2020 but still there's a lot of things that may happen in the next few week.

ya.ya.yo!

It will break $14k again. I am sure about that.
I think this time, bitcoin will be staying at a price now and wait for another right time to start the rallies. Maybe we are difficult to know that moment, but that time will come and we will see the price start to increase step by step.
It seems that bitcoin needs to take a break for a while because the price does not increase or decrease too deep. But be careful because bitcoin can give a surprise to us.
But the sideways mode might come to us for a few days later if the support is not coming at the market.
Hopefully, that will be only my speculation, but the bitcoin can have more power to lift the price to the high price. We will see what will happen to bitcoin this week.

I dont take round numbers as a reason for resistance really, obviously the price varies in every country and currency and the point is we are not bound to dollar exclusively.   However the price is retracting some or at least testing this resolve to continue upwards and people will sell BTC in cycles normally.   We've tested the weekly average 4 times recently which could suggest we will eventually resolve further downwards if momentum should continue to threaten a stall speed and lose altitude.   Its not a serious sell just cant say I think it has to go up right now, I think test of support is more probable before we go up.
 
https://talkimg.com/images/2023/06/12/Ac9nz.png

Just today as I guessed end last week we do test the attitude to sell, it'll be decided as dollar and news items unfold this week.  So its a busy schedule for a few days I think, doubts are normal.

May not drop at all is not something we can guarantee, it is a big big big possibility that it will drop. The deal is, maybe it will reach to $20k before it starts to drop, maybe it will be $20k tomorrow or a month or 4 months later and meanwhile never drop, however I am almost guarantee that it will be under $13k one day, maybe tomorrow maybe a year from now but it will probably reach there.

I do not see bitcoin staying under $15k forever, I know that it will go over $15k for sure and have no doubt in my mind, at the same time I think bitcoin will also go under $13k as well, I have no doubt in my mind for that neither. This is the bitcoin world we are in, if you want to buy you could buy and still make a profit and if you want to sell you could sell and buy cheaper, both will happen, we just don't know when.

Yes, the US election is already here, so we will see if this will have a positive or negative effect in the next coming days. But bitcoin is growing, it touches $14k, but some selling off happen, but we have been fluctuating in the range of $13,200-$13,800, so currently the bulls and bears are fighting it out.

So let's see, but I'm optimistic that whoever wins the US election it will have a good effect in the long run, and if we ever see some dips after, it could be just short term effect because of some anxiety. But for sure, bitcoin investors will stay in the market and there could be fresh blood to pump the market so it's going to be another waiting game.

As I expected, when Bitcoin just ticked on the $14,000 price somebody will post a thread regarding what happened. :D

Lets take note that the $14,000 is the strong resistance of Bitcoin and for sure traders will take profit at that time and possible that there are some shorts or longs that got liquidated. You saw on the chart that it didn't took to long to stay on that price and as of this moment, its price is at $13,400.

Also, I believe that $15k will be easily achieved to the end this year. Of course, a lot can happen in the next two months or so, but in my opinion a drop below $13k is unlikely.
Let's also not forget that two months in the crypto world is a very long period, so it will not be a surprise for me if we see new ATH this year ;)

The answer will be unknown, but I hope that bitcoin can reach its peak as soon as possible ;D
Bitcoin still has at least 2 months to lift the price to break $15k, but we also have a chance to see another correction at the end of this year, so we need to prepare and ready for anything that can happen with bitcoin. But I hope this end of the year, bitcoin price can break $15k, and if that happens, we can make a nice profit while the new ATH of bitcoin will come soon.
We can not imagine how high the new ATH will happen. But if the bitcoin price can break $19k and touch more than $30k, we can recover our losses.

The price itself proved it.

The price reached $14K and now it slipped back to $13.4K right now. That just means that we can't actually stay in there meaning we still can't take it. I don't know when will it happen again but I guess we will be sticking for some weeks to $13K before we can actually go higher than  $14K.

i would be mostly worried about US economy rather than US election since election is jut a short term drama that will pass after a very short time while not to mention that it has no effects on bitcoin. while US economy has a much bigger effect, as they keep printing more money the value of dollar will decline. in fact it may have stayed up artificially due to election drama and tank dramatically afterwards. there are lots of experts that are already predicting a recession for this reason and also the COVID pandemic and its effects on the economy.
all of that will contribute to increasing bitcoin's value. not just the simple devaluation of US dollar but also all the money that comes to be invested in bitcoin due to recession.

After all, the price is not rising steadily. The change in Bitcoin's rate is very dynamic. The $14k level is a very difficult barrier, but we can see that the trend is strongly upward. I don't think we'll stay in the $13k - $14k range for more than two weeks. I think Bitcoin will be attacking the $15k level at the end of November. Of course, it might get longer, but I think it will accelerate any day and I strongly believe that we will see panic buy and new ATH in December.

It was only a matter of time tbh. The peak almost every week increases bit by bit after all, and the corrections that happened didn't really bring the price down below the support levels, which really helped in retaining the price of Bitcoin at good levels.

Just the usual growth. Heck, I'd rather have this than a sudden increase due to hype or whatever influence, at the very least, this kind of growth guarantees a healthy market for Bitcoin, one that could last for a very long time. Compared to the bubble back then to 2017, this is a much more preferable state.

I think a small drop will occur after hitting $15000. Without an adjustment, bitcoin cant go higher. IMO, we are going to create ATH every month and that is good news. People who short bitcoin right now only trade bitcoin in a short period of time while many bitcoins have been accumulated for several months since 2019.

Double top cant stops the momentum. The trend is your friend. Dont forget that. Bullish can be seen over many speculations and indicators

Why it can't go higher? We still have good things to look for and I believe even if the market is slowly dumping for sure many traders are looking for good position to enter the market. Although we cannot deny that many people will short Bitcoin due to the current movement but still the hype is strong which can also make people decide to hold.

It did actually breached the $14k mark on October 31 to be specific. Btc has tallied the highest range during that day. Though it has been followed by an immediate pull back (which kinda normal), but anytime this month Btc will gradually crawl back to $14k and might be staying at that region till the year ends. Or If there's another positive news in crypto space, Btc might go beyond $15,000.

Hopefully, 2021 will be a very bullish year just like everyone is speculating.

When bitcoin breached higher price absolutely have moment for bitcoin back down and correct with my ideas after bitcoin last day success break above $14k now w got bitcoin back down although with little correction, be quit when getting bitcoin have reach higher price better waiting when bitcoin correction going down to buy. Now hold your money and waiting until election day from United State announcement who the winner between Joe Bidden and Donald Trump, if try to buy now have risk what happen in United  State always give impact for bitcoin, example when Donald Trump announce get positive covid 19 bitcoin have back to lower price and we lost much money in bitcoin or altcoin after going down.

Just because it didn't break over and became stable over 14k doesn't change the fact that it did reached over 14k for a while, that is the fact and even though it wasn't there for a long period and only like half an hour, it did reached over it anyway.

What we need to realize is the fact that reaching 14k is not just a price but also a symbolism, ever since the 2017 peak times of 20k, we dropped lower and lower, whenever we tried to go over high prices we never broke over 14k ever again, this was the first time in 3 years that we managed to go over 14k after we went under it, which is a symbol that bitcoin is no longer in the bear/stable period and it is on the bull period and any price is possible. If 14k was possible and we went over, that means 15k could be possible and no reason not to be, same for 16k and all the way to 20k.

Reaching 10k is already half-way to its ath which on that level alone then we can say that Bitcoin isnt already into its bear state.We are slowly climbing up to the top.
We do have the same words and inputs everytime we do reach out even 1k thresold. We have said this when price hits up 12 and 13k where we do hope that it do breaks
and now we are now above 13k then its normal for us to hope for 14k and so forth with 15k onwards. Lets not be on a hurry because we would eventually go there
and best thing to be done now is to accumulate as much as you can but if you are an active trader or investor then this wont really be an issue for you.

It is a movement that is being prepared, perhaps, we can see it today or tomorrow with the incidents of the elections in the USA, whoever wins may help give a good pump to the price of Bitcoin, depending on how it looks, the volume is very good to buy. The whales have already tried that level of Offer, it was not so bad for them, I think everything is ready to enter the $ 14K.

It was a moment but soon the price pulled back under 14000$. It's not the first time that Bitcoin is struggling to keep certain value and keep going up. To my opinion it's hard to tell what happens next and I think that both scenarios are possible, for price to cross 14000$ and to fall, even to 11000$ or lower.

Its just shows that bitcoin's movement is not easy to predict.
We already touch the $14k value but now return to over $13k again.
I'd like to think that its because of some investors taking profit.
Thats why the price is not moving up consistently.

Aaaaand we're back to $14 000, as seen on Binance

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

But it is much better if the price at least stays day or 2 in that position but its not,instead just few minutes after the Breaching,the value Fell from that to almost below 13,000$

But this is a good indication that we can breach out That level so we are waiting to break the 15,000 and then 16 and so on until we met $20,000 again and climb more as the next Bullrun is much awaited to happen next year.
But different from Coinmarketcap in which $13,894 is the Highest price in 24 hours

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

The bitcoin price is back to increase after it is down, and that is a good sign for us to place your bitcoin to sell at the price you want. I think the price will be back to $14k again this week, and I hope that the price can still increase and break $15k or more this month so that we can make a profit again from bitcoin. Although the bitcoin price will be volatile, it will be good for us to use that to buy low and sell high. I am sure that we will see that opportunity will come to us to buy low and sell high. We need to watch the price movements, and maybe we can set the alarm that will help us identify the time to buy and sell bitcoin.

All the major resistances $12K and  $13K were easily broken thanks to the high volatility in the price of Bitcoin this might partly be connected to US election in fact majority of forex, indices and stock markets experience similar volatility yesterday. Furthermore price did not experience any pull back when it approached the $13K resistances unlike the previous ones before hitting $14K, I believed the price is experiencing a minor pull back it wouldn't take long before the break of $14 will come into reality..

Bitcoin's price resistance has been seen in the last few weeks, hopefully, soon we'll be past $ 15k (before the end of 2020)..

Binance and Coinmarketcap have different price reports even though they are still in the same group of companies (Binance Holdings Limited) CMC mostly display charts based on reports from various other major exchanges..

Yes, that is true. I used Binance for reference since they are the top exchange according to trading volume.
CMC takes prices from various exchanges and displays the average.

Sad that i am not aware that moment because if does?i surely sold all my Bitcoin for now because i will be expecting a downfall first before another Bull comes as what the trend always do,correction will follow in every Pump.

Though maybe it is destined that i need not to see that because it might happen the other way around that price will never fell down until the Pump happens this or next year.
Sometimes our instincts help us through or let us fall what ever happen we must be ready at all cost.
But glad that Until now the price stays at $13,500 and up bringing more positive trust for all waiting .

Bitcoin started pumping again and is swiftly on the way to $15k.

I just woke up, turned on the market index and Bitcoin was raging

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

Do I understand correctly that election mess is leading to a bitcoin rally? It turns out that if the courts begin (as it was already in 2000) and the announcement of the results is delayed, then bitcoin will have time to grow much stronger? On the other hand, if everything is settled quickly, will it lead to a quick correction?