It's Surpising: Bitcoin Price Touches New Height

[Jating]

Hello...Friend's

I'm totally surprised yesterday when the Bitcoin price touches $10k and Suddenly its down approx $9k. So what do you think about it? Is it a Bubble or Not?

Don't be surprised dude, Bitcoin again touches all-time-high if I'm not mistaken. I saw the price earlier at around $11,7xxx so another 7% growth as of today. This price movement is really tremendous and quick that's why most of us thinks its a bubble that is waiting to be burst. But so far the sentiment of most investors are very bullish, so this wild swings will still persist. Just don't panic if you see the price going down though, its normal and we can quickly recovered from it.

It is just a normal correction after a huge surge, and actually bitcoin price is already surging again to achieve new ATH price soon.
$20k per bitcoin before new year seems possible..

Anything is possible now since we broke 5 figure at the end of November. Realistically, $20K this year is hard to get in my opinion. Maybe a decent $14K or $15K would be a good prediction. We may see corrections in the process, so their will be another pullback and reset so for me, $20K is far-off this year.

[Silberman]

Hello...Friend's

I'm totally surprised yesterday when the Bitcoin price touches $10k and Suddenly its down approx $9k. So what do you think about it? Is it a Bubble or Not?

Since you are new in the forum, maybe you are new to bitcoin as well, but this is normal for bitcoin, if this was the stock market and the Dow Jones lost 7% in a single day people will be talking about a coming recession and about what the government should do to change this situation, but when it comes to bitcoin losing 10% in a day is nothing, just get used to it.

[Zentor]

Look at Bitcoin price as a percentage. His volatility doesn`t changed a lot from a time since he was worth 1000$, everything is okay.

[dmamigo]

It is just a normal correction after a huge surge, and actually bitcoin price is already surging again to achieve new ATH price soon.
$20k per bitcoin before new year seems possible..

Probably it was a correction and also a panic sell simultaneously. The price is kind of stable, it will roam around $10.5K to $12K for atleast the first 2 weeks of December. But nothing is impossible regarding Bitcoin, but $20k before New Year is way too high expectation and a kind of unrealistic one.

[tweetbit]

Hello...Friend's

I'm totally surprised yesterday when the Bitcoin price touches $10k and Suddenly its down approx $9k. So what do you think about it? Is it a Bubble or Not?

Surprised? Oh I thought it is just a normal thing. Bubble? then it goes 11600$ per bitcoin now. How can this even be considered as one if the price go up again. It’s been said and discussed that bitcoin is not in a bubble and I’m sure it was never be the case. Hope you know now that bitcoin fluctuations range is high and it will increase and decrease big but stay on top.

[bitcoinrays]

I had my goal for $15000 to cash out a massive amount of my holdings, Not any more At least not after seeing the price increasing by $4000 in less than 2 weeks. I have new goals now, The price needs to reach high as $45000 for me to cash out 30% of my bitcoins

Soon price will be touching 15k and you will be going to achieve your goal and after getting profit must place the profit away and again invest into bitcoin that will be more helpful for you in future I am doing the same thing, and I am holding my coin since price was at 7k and aiming to achieve 100% of profit and I am sure that my patience will pay off me soon and will see that price will not stop at 15k it will rise more,

[Fedor07]

It's not surprising at all , this was predictible . When Bitcoin grow up from 5000 to 8000 $ in just a month . After that  I new that Bitcoin will gonna touches new height , a bigger high . And a think that will  reach a totally new and surprising amount in the new year 2018 . So no , it's not surprising at all, at the end o the November Bitcoin achieve 11000 per Bitcoin.

[cindygirl]

Hello...Friend's

I'm totally surprised yesterday when the Bitcoin price touches $10k and Suddenly its down approx $9k. So what do you think about it? Is it a Bubble or Not?

Bitcoin going from 10k to 9k isn't a sign of a bubble, it's just part of bitcoins high level of volatility, such 10% swings in one day happen probably in 50% of days or something similar to that amount.

[okala]

Hello...Friend's

I'm totally surprised yesterday when the Bitcoin price touches $10k and Suddenly its down approx $9k. So what do you think about it? Is it a Bubble or Not?

This is not a bubble and this happens most times because of the high rate of demand for bitcoin over other currencies. You will need to develop your knowledge on how order book work across all the exchangers platforms sites and you will easily understand why bitcoin keep increasing. The demand is very high and because it is very high, the price will definitely increased.