Chart of the Day | Bitcoin Above $4000

[btc_angela]

Glad to see that bitcoin has break the $4100 barrier. This is a welcoming news because it seems too hard to break $4000 for the last couple of days. And there are a lot of news that once we break the $4100 we will soon touch $5000 or more again. Let observe and see how things will evolved. The China hangover is still in the air, but I do think that it can still affect the price specially we are going to see that we will see the first closure of their exchanges. But for me the effect will be minimal and will just be temporary. Hoping to see the price touching $5000 and even going higher after that.

[audaciousbeing]

Bitcoin markets went through a bumpy road, only to reach back above $4000 today. BTC/USD markets are continuing to showcase bullish tendencies after the cryptocurerncy broke through this resistance level.

Chart source:
https://cryptocoincharts.info/pair/btc/usd/bitfinex/10-days

The way you saw it is the way I also did and quite a number of guys but I must admit I felt a bit of inner joy to see bitcoin surpass the $4000 mark but something also tells me not to be overjoyed because this is a point we have reached before and nothing new coupled with several speculations around September 30th that might even cause a further bloodbath but let's all hope for the best.

Irrespective of that, I am still optimistic that the crash that could happen when major news like this happen had already happened just like the August 1 scenario.

[bitcoin31]

Its already 4200 dollars and Im very ahppey because they reach again 4000 dollars plus . And I hope it will increase again more so we can make a lot of profit in the future. I think we see the price of bitcoin next month at 5k dollars so be ready . I THINK THIS IS THE RIGHT TIME TO BUY BITCOIN BECAUSE FOR SURE IT WILL CONTINUE TO INCREASE AND IF THAT HAPPEN YOU WILL EARN MORE PROFIT.

[magneto]

Bitcoin markets went through a bumpy road, only to reach back above $4000 today. BTC/USD markets are continuing to showcase bullish tendencies after the cryptocurerncy broke through this resistance level.

Chart source:
https://cryptocoincharts.info/pair/btc/usd/bitfinex/10-days

As expected. Bitcoin has been under $4000 for too long when it should have been comfortably over $4000. As soon as the FUD from China stopped, people are buying into bitcoin once again pushing the price up.

And i doubt this will be the end of the pump.

By end of october we could very much break the $5k level, seeing how strong this bull trend seems to be rgiht now.

[machinek20]

I hopefully think bitcoin will stay above 4k it has been a rough week where the price up and down at high speed and now after passed through 4k there is a chances that 4k is going to be the new bottom, but it is still early to speculate this

[selline]

After I saw the bitcoin is already growing again over $4200 makes me surprised and excited to welcome bitcoin towards numbers $5000 at the end of the month. I think this is the end of the rise of the bitcoin who a few days ago experiencing weakness so I make not excited anymore but now I hope uplifting bitcoin will continuously ascending up to heading to the Moon

[player514]

After I saw the bitcoin is already growing again over $4200 makes me surprised and excited to welcome bitcoin towards numbers $5000 at the end of the month. I think this is the end of the rise of the bitcoin who a few days ago experiencing weakness so I make not excited anymore but now I hope uplifting bitcoin will continuously ascending up to heading to the Moon

Maybe not by the end of this month. I'd say give it some time into October to reach an all time high. This gives it time for a bit more stabilization. Also, Bitcoin has been going up for the most part, but it reaches some parts where it stalls. Giving the extra time to see when it reaches an ATH is more realistic.

[tiptopgemdotcom]

In my opinion 4000$ level will be new bottom for current recovery wave.Uptrend still continues no matter China or other government decide to ban blockhain transactions or exchanges.

[hello_good_sir]

Bitcoin markets went through a bumpy road, only to reach back above $4000 today. BTC/USD markets are continuing to showcase bullish tendencies after the cryptocurerncy broke through this resistance level.

Chart source:
https://cryptocoincharts.info/pair/btc/usd/bitfinex/10-days

This should only be the start of the pump.

I really would not be surprised, at all, if the price went up even further in the next couple of weeks. There is a renewed optimism that could easily take us to levels of more than $5-6k by the end of the year.

However in the next few days i think that the price should not act too much but only hang around the current level.

[Maveth13]

Once we get a steady price of $5000 for the next month, then bitcoin may even reach $7000-$8000 before the end of the year. Though I am expecting a decrease in the price because of the upcoming fork, this may also come in pair with a huge jump in price.

[JanpriX]

I guess, this is expected? It is so obvious that what happened last week regarding Bitcoin is just FUD and a shakeout move to alienate the noob traders with their weak hands. Whale traders knew that most of the new money that was funneled to BTC came from the noobs/new traders who are just dragged in by their greed to earn "easy" money. And when the dump begins, the first one to sell their beloved BTCs are, you could guess who are those people. 

We just had a healthy correction and made a preparation for the next bull run. Hodl on tight and be calm. Don't sell your Bitcoin at these prices. $5k is very near again. The only question left is will we break it or not?