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Author Topic: Bull run confirmed ? bitcoin ready to $10.000  (Read 380 times)
magneto
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February 09, 2020, 07:01:26 AM
 #21

I would say be cautiously optimistic.

Don't expect this kind of parabolic rise to continue forever. There will be probably significant resistance at the $12k level where the last bull rally essentially failed months before, and potentially at even lower price levels which will lead to pullbacks at the end of the day.

Just be prepared for these types of events and don't let it catch you off guard. Also don't go full retard and start leveraging the hell out of your positions, because that just means that any short term black swan events will mean that everything you've got will be liquidated.

Be smart about it holding, as well as patient.
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February 09, 2020, 08:47:55 AM
 #22

Finally we are in $10,000... what's next from here fellas?

Bitcoin has been so consistent in the past few days, getting bullish everyday but we should also prepare for a possible set back, you know what I mean, right? the market has been so unpredictable and after we witness a big run last year, we might witness again this year but this year could be very different if it always bounces back strong.

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February 09, 2020, 09:25:19 AM
 #23

The market value of Bitcoin really reached the price of $10,000 at this moment, but to think that it would trigger the bullrun just like before is quite absurd right now because it is still too early to conclude. Maybe, waiting for a little more and enjoying the behavior of the market at this point, would be a better thing to do than to jump into conclusions at this early.
But if this happen like last year when we had bitcoin at over 15k usd if i'm not wrong and again drop to under 10k?
Well, it is not quite impossible, corrections are still expected the the 'veterans' here. But that's something not to be mind if ever the market price recovery become continuous but rather the point of selling your holdings. Ofcourse if you would have big expectations such as waiting to reach a certain price, for example, $15,000, given that there is a chance of drawback to occur, you might fail your expectations if it would be that high, and if the price uprise won't be that constant. So I would say that this is quite a 'mind game' to play for the investors such as when to sell, or until when to hold.
The next question is how long can we stay at $10k. It would have been nice to at least make a run for 12k or more before I can attest to the bull run
To be more specific, no one knows what could happen next. The market behavior is way unpredictable. Some people would say that it would continue rising and breaking market value 'barriers' but the fact is, no one could really be certain with regards to this.
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February 09, 2020, 09:45:03 AM
 #24

$ 10000 has been reached, and the 1 Day TF candle is still not close, it may go to $ 10200, you should monitor the price of Bitcoin from now on if you don't want to lose your money, because strong resistance is at $ 10000 and $ 10200, hopefully it can be strong

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February 09, 2020, 02:19:40 PM
Last edit: February 09, 2020, 03:09:47 PM by beerlover
 #25

AAAAND we are over $10k. Maybe just a tiny bit and that is not really a lot, but at the same time we are making a ton of improvements on bitcoin constantly thanks to this new increases. When price keeps going up constantly, even if its just small and tiny increases, its really awesome because it keeps the wheel going on.

Price standing still or going low is not helping anyone out at all, price going up even just 100 dollars would mean the bull run continues, the price going up 5%+ means the price is literally going up like insane and the bull run continues in a way that we may have another 5%+ anytime. Maybe for a week we will stay between $9.8k-$10.1k or whatever but as long as it stays like this, we will see $11k very soon, investing into bitcoin right now would be a great idea.

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February 09, 2020, 02:56:13 PM
Last edit: September 10, 2023, 02:01:50 PM by dragonvslinux
 #26

I would say be cautiously optimistic.

I wouldn't: https://www.youtube.com/watch?v=M3TzVgGyBFs

Be smart about it holding, as well as patient.



Source: https://twitter.com/Crypto_Bitlord/status/1226517386993393666



Source: https://twitter.com/Crypto_Bitlord/status/1226174944792301569

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February 09, 2020, 03:31:38 PM
 #27

Finally we are in $10,000... what's next from here fellas?

Bitcoin has been so consistent in the past few days, getting bullish everyday but we should also prepare for a possible set back, you know what I mean, right? the market has been so unpredictable and after we witness a big run last year, we might witness again this year but this year could be very different if it always bounces back strong.
of course $ 11,000, it's just that currently the price of bitcoin has just reached $ 10000, and I think that's not very stable. so, after the price of bitcoin touched the price of $ 10300 to $ 10500, I think the price will be quite stable at prices above $ 10k for quite a long time. at this time, we need to see its development again.

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February 09, 2020, 03:50:08 PM
 #28

Finally, the Bitcoin price reached and already overcome the 10K USD zone. To me, it's already bull run! Because alts coins are growing, Most of the reputed altcoins breaking the bear zone, holder's portfolio is full of green and pumping well. So, this is the start of the bull run. We may see a minor dump in Bitcoin very soon, but that will be the first step before the big jump!

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February 09, 2020, 03:55:14 PM
 #29

The next question is how long can we stay at $10k. It would have been nice to at least make a run for 12k or more before I can attest to the bull run

Right, we are almost $10k but is it gonna stay long at that mark? It would be nicer if incase it will not stay in $10k but it'll go higher than $10k. Anyways, the price hitting $10,000 mark suggest a bull run because who knows it will still become bearish even in $10k. Lets wait and see.
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February 09, 2020, 08:02:45 PM
 #30

The next question is how long can we stay at $10k. It would have been nice to at least make a run for 12k or more before I can attest to the bull run

Right, we are almost $10k but is it gonna stay long at that mark? It would be nicer if incase it will not stay in $10k but it'll go higher than $10k. Anyways, the price hitting $10,000 mark suggest a bull run because who knows it will still become bearish even in $10k. Lets wait and see.

A bearish trend after the 10k mark will not be good for the market. Alts will dump bad, and right now, I really want Ethereum to moon. But if it scales to like 15k then alts may stabilize even if BTC dumps slightly.
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February 10, 2020, 12:13:19 PM
 #31

The next question is how long can we stay at $10k. It would have been nice to at least make a run for 12k or more before I can attest to the bull run

Right, we are almost $10k but is it gonna stay long at that mark? It would be nicer if incase it will not stay in $10k but it'll go higher than $10k. Anyways, the price hitting $10,000 mark suggest a bull run because who knows it will still become bearish even in $10k. Lets wait and see.

A bearish trend after the 10k mark will not be good for the market. Alts will dump bad, and right now, I really want Ethereum to moon. But if it scales to like 15k then alts may stabilize even if BTC dumps slightly.

What do you think is happening now? it's bearish again and will continue to dump?

after we hit $10,000, the price now is on a descending movement.



Let us hold on as we don't know what price it will stop and when it will stop falling.  Cry

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February 10, 2020, 03:14:49 PM
 #32

The next question is how long can we stay at $10k. It would have been nice to at least make a run for 12k or more before I can attest to the bull run

Right, we are almost $10k but is it gonna stay long at that mark? It would be nicer if incase it will not stay in $10k but it'll go higher than $10k. Anyways, the price hitting $10,000 mark suggest a bull run because who knows it will still become bearish even in $10k. Lets wait and see.

A bearish trend after the 10k mark will not be good for the market. Alts will dump bad, and right now, I really want Ethereum to moon. But if it scales to like 15k then alts may stabilize even if BTC dumps slightly.

What do you think is happening now? it's bearish again and will continue to dump?

after we hit $10,000, the price now is on a descending movement.



Let us hold on as we don't know what price it will stop and when it will stop falling.  Cry
well it's done, investors and traders will try to withdraw profits first after that they will return to the exchange place and will make the price of bitcoin go back up, the price correction is reasonable and often when the price increase is significant enough there will be a time for cryptocurrency prices going back down, you should be able to take advantage of the rise and fall of cryptocurrency prices properly to be able to make a profit.

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February 10, 2020, 04:18:49 PM
 #33

The next question is how long can we stay at $10k. It would have been nice to at least make a run for 12k or more before I can attest to the bull run

Right, we are almost $10k but is it gonna stay long at that mark? It would be nicer if incase it will not stay in $10k but it'll go higher than $10k. Anyways, the price hitting $10,000 mark suggest a bull run because who knows it will still become bearish even in $10k. Lets wait and see.

A bearish trend after the 10k mark will not be good for the market. Alts will dump bad, and right now, I really want Ethereum to moon. But if it scales to like 15k then alts may stabilize even if BTC dumps slightly.

What do you think is happening now? it's bearish again and will continue to dump?

after we hit $10,000, the price now is on a descending movement.



Let us hold on as we don't know what price it will stop and when it will stop falling.  Cry

Next stop $1K  Tongue

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February 10, 2020, 04:38:32 PM
 #34

A bearish trend after the 10k mark will not be good for the market. Alts will dump bad, and right now, I really want Ethereum to moon. But if it scales to like 15k then alts may stabilize even if BTC dumps slightly.

What do you think is happening now? it's bearish again and will continue to dump?

after we hit $10,000, the price now is on a descending movement.



Let us hold on as we don't know what price it will stop and when it will stop falling.  Cry
I am pretty sure the price of bitcoin will return to the price of $ 10k, this usually happens when the price of bitcoin reaches the target, moreover, 10k has not been reached long enough. I think the current bitcoin price range is still so close to the price of $ 10k, so within a few days, I think the price will be stable above $ 10k, and at this time, I think it only takes time until we confirm the existence of a bull market.

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February 10, 2020, 07:10:32 PM
 #35

This is one of the moments where I would advice people to hold their coins and do not sell them but be careful when they are buying. The reason for that is people who have bitcoins right now probably bought it at so much lower levels and even if it drops a bit that wouldn't hurt their finance all that much, its just profits loss and not loss loss.

However, people who would buy right now could potentially end up in negative when there is a correction or even a reversal of the market movements. Only a new ATH will confirm the return of bulls into action. It may be or may not be bullish market but buying right now will not make you wait for longer to see greens in your profit margin.

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February 10, 2020, 09:10:45 PM
 #36

The next question is how long can we stay at $10k. It would have been nice to at least make a run for 12k or more before I can attest to the bull run

Right, we are almost $10k but is it gonna stay long at that mark? It would be nicer if incase it will not stay in $10k but it'll go higher than $10k. Anyways, the price hitting $10,000 mark suggest a bull run because who knows it will still become bearish even in $10k. Lets wait and see.

A bearish trend after the 10k mark will not be good for the market. Alts will dump bad, and right now, I really want Ethereum to moon. But if it scales to like 15k then alts may stabilize even if BTC dumps slightly.
Bitcoin is currently experiencing a correction now the price is under $ 10k, but on TF 1 day it is still in a bullish trend, so don't worry, it is true that the risk may decline drastically, but there is still hope to survive at current prices

Bitcoin always behave like that, when we touch or break a supposedly mental barrier in front of us, it will be followed by a healthy correction, similar to what we have seen today, so I would say that it is just normal. Even a 30% dump is not surprising. What surprises everyone is that after this price correction, Bitcoin again will have a run. So probably we might see $12,000.

So I'm expecting that after a lull, bullish trend will resume. And for those who panic seeing their portfolio going down a bit, then I advise that you continue to HOLD. We are just months away from the block halving, so it is going to be interesting and don't think of pushing that sell button.

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February 11, 2020, 04:51:57 AM
 #37


---

So I'm expecting that after a lull, bullish trend will resume. And for those who panic seeing their portfolio going down a bit, then I advise that you continue to HOLD. We are just months away from the block halving, so it is going to be interesting and don't think of pushing that sell button.

This is just a correction in my opinion this decline could have been caused by panic sellers because the price has redeemed $ 10200 so I think this will not last long and will certainly rise again after the situation is normal.
Holding it in a few months will be more frantically clicking on the sell button now I think we have to hold out until halving really happens, and the bullish will continue even when conditions are trending.


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February 11, 2020, 02:35:05 PM
 #38

The chart may also go in a reversal direction. We might see a upside down double bottom which might reverse the price until a strong support of maybe $8000 to $8500 which would be the entry points for me if considering on a weekly chart. Than it might start boosting back to $10,000 where I will start selling some by setting trailing configurations.

Next target should be $12000 which would again cause a dump as a dump should always be followed after a pump which would again by my entry zone. This is the way I would trade on a weekly chart basis but this would be for mid or long range trading. I would prefer to trade on hourly charts to make quick profits from short term trades.
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February 11, 2020, 03:33:06 PM
 #39


---

So I'm expecting that after a lull, bullish trend will resume. And for those who panic seeing their portfolio going down a bit, then I advise that you continue to HOLD. We are just months away from the block halving, so it is going to be interesting and don't think of pushing that sell button.

This is just a correction in my opinion this decline could have been caused by panic sellers because the price has redeemed $ 10200 so I think this will not last long and will certainly rise again after the situation is normal.
Holding it in a few months will be more frantically clicking on the sell button now I think we have to hold out until halving really happens, and the bullish will continue even when conditions are trending.
This year, halving process is about to bring us into the bull runs as we the halving from previous years showed us the same. Halving means that the miner fees are been deducted by half which would create more demand for bitcoins and indirectly it would lead for a major pump.

This is what 80% of the community is currently expecting and maybe those remaining 20% people are responsible for a dump after crossing $10,000 as we would never lose the panic sellers. They would always be in the markets and that is what makes the price retest at smaller targets. Halving would take place in the month May 2020 which is few months far and until than we could experience huge volatile markets.

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February 11, 2020, 03:58:40 PM
 #40

I think after what we saw in a few days ago, if bitcoin price is back to $10,000 (which we already touch again this time), the bitcoin price will have the opportunity to break $11,000 because we already saw the price adjusting to lower price. So we might see an increase in the bitcoin price this week, but if there are no right moves from bitcoin price, then the price will not moves until the next week. But if we check on the market, the chart seems to want to increase to the high price so we can hope that this time, we can make another profit again.

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