Glad to see BtC recover above $11k, all time highs on the horizon?

[Alone055]

Seeing the nature of Bitcoin (being extremely volatile), we will see such bloodbaths and scary moments every now and then in future. We cannot always expect the price of Bitcoin to keep going up, but there will be times when we will have to see it going downward too. All we can do or we should do is not to panic and stress out. Mostly I see when the price of Bitcoin drops even just 3 to 5%, they start to panic and decide to immediately sell their Bitcoins. The FUDs have so affected them that every time they see the price dropping, they think it is the time when it goes straight to zero, although that moment is never to come.

[matuson]

I do not see prospects to restore bitcoin. The price increase in bitcoin was triggered by high trust of users to what will be implemented segwit2x. This did not happen. It seems to me that this is the main problem of falling prices. I do not understand why developers are silent. It is their direct responsibility to ensure that bitcoin is competitive. We all become hostages of their inaction.

[dogandogru]

It is really a relief to see crypto market recovering and bitcoin above $11k mark again. But it is not easy to make a new high for Bitcoin as a lot of investors are shifting to altcoins nowadays because of its high transaction fees which decrease bitcoin dominance to 33% only. It will be the new user base which will get back the glory of bitcoin back by adding increasing the market cap of Bitcoin rapidly.

[Mometaskers]

Bitcoin's price has a tendency to peak @ the end of the year, near christmas and the holidays. It is possible we won't see more all time highs until 3rd or 4th quarter 2018. That year end peak we saw in 2017 may be seasonal and driven by increased demand and volume produced by christmas shopping, black friday and similar consumer trends. Many of the best shopping deals and free shipping incentives occur at years end.

The btc price decline at the beginning of the year we're seeing now could be normal. Many are done with their christmas and black friday shopping. They could revert back to HODL mode until next christmas. This represents a decline in crypto network volume (demand) which might be correlated with the billions lost in crypto market cap.

Well, I know a lot of people who cashed out their bitcoins last December to buy stuff so there must have been a lot of shopping done it bitcoins for those converting to fiat to not make enough impact on the price.

I do hope so, that this simply is a trend. I didn't sell when it was around $20,000, I would have been able to buy more now that the price has dropped.

[wildflower18]

Yes I am glad to see this btc recover at this current rate. I thought btc will not hit above $11k or it will continues to drops its price. But gladly the market is good and I hope this is the start to go up high. We couldnt tell the Ath this moment but hope btc aill continue to high.

[aznboy84]

Thankfully we recovered from the $9k blood bath, how long until you the think BTC reaches a new all-time high above $20k?

$13,100 at the moment, i think that the price will keep going up by a lot during the next few days. Since it broke the $13k support, it can easily go towards $15000 without any issues. Just prepare yourself for the next pump.

[onrise]

Thankfully we recovered from the $9k blood bath, how long until you the think BTC reaches a new all-time high above $20k?

$13,100 at the moment, i think that the price will keep going up by a lot during the next few days. Since it broke the $13k support, it can easily go towards $15000 without any issues. Just prepare yourself for the next pump.

If we have this momentum by Jan end we will see btc price back to 15k levels. Though it needs to find support first above 13 k to rise again. Its little unstable at the moment but if we have next couple of days stable prices or rise a bit then we should find the btc prices to rise back again and which will get back the smile on all the investors as people even bought at 15k levels would atleast cover up the cost.

[janah]

Thankfully we recovered from the $9k blood bath, how long until you the think BTC reaches a new all-time high above $20k?

Its good to aee that bitcoin is recovering because too many people want to cash put there money already because they are worried that bitcoin will go down and down and lost some value. Its good to see that bitcoin is rising again because too many will be attracted again and the demand of bitcoin will ho higher and the price are same.

[mrbnson]

Thankfully we recovered from the $9k blood bath, how long until you the think BTC reaches a new all-time high above $20k?

Probably at least a few months, bitcoin needs to find its feet again and staying in the 15k region for a couple months wouldn't be such a bad thing. New investors are probably quite scared to enter right now.

[pitiflin]

Mate can you not understand, crypto had a bearish market for 2 weeks and now that it's recovering and the bullish trend is on its start, stop having such useless predicament on when will bitcoin go back to $20,000. And what is up with that blood bath and all, it just went down to that price range for a span of a few hours and you people start exaggerating about it. People's opinions on this matter isn't going to help much to be honest rather a place for idiots to post random things.

[fromholland]

China sooner or later will ban crypto mining

Almost all mining has already been gone from China, so that won't make a big difference.

[ajmapalo22]

Well I don't really consider this as a recovery rather just a sort of fluctuations because the all time high value of bitcoin is almost $20000 and looking at the chart it almost reach $12000 too far from its previous price. If bitcoin should recover at least it reaches $18000 or should the value continuously increasing but quite glad to see from previous $9000 it has recover now.

[btc_angela]

Well I don't really consider this as a recovery rather just a sort of fluctuations because the all time high value of bitcoin is almost $20000 and looking at the chart it almost reach $12000 too far from its previous price. If bitcoin should recover at least it reaches $18000 or should the value continuously increasing but quite glad to see from previous $9000 it has recover now.

I think we shouldn't be just focus and chase that $20K, it was brought by those irrationals buyers because they think that bitcoin future contracts will really push the price to that levels. We have been too much concentrating achieving that goal of ours. It may come I'm sure of that but the least we can do it just wait and see what the future holds.

Thankfully we recovered from the $9k blood bath, how long until you the think BTC reaches a new all-time high above $20k?

Probably at least a few months, bitcoin needs to find its feet again and staying in the 15k region for a couple months wouldn't be such a bad thing. New investors are probably quite scared to enter right now.

Yeah, $15K should be at least our next target and it would be safe to say then that we have indeed recovered from the scary situation when bitcoin's price plummeted below $10K.

[DanWagner]

I don't think so , a lot of people got scared and almost 100 billions got taken of the market cap the last 30 days. I don't know if it has to with the futures or people realizing there are much better options around then bitcoin.

[Hexah]

This was happen also last year so it was to be expected to bounce back from dips on January. History really tell and hope it would be the same just like year that on the 3rd quarter of 2017 Bitcoin will skyrocket again. FUD's and other criticism will never stop but bitcoin is unstoppable and I think a three times of its value this year or maybe next.

[Omega Weapon]

Thankfully we recovered from the $9k blood bath, how long until you the think BTC reaches a new all-time high above $20k?

We need to stop being this bipolar, if bitcoin goes down that somehow is the end of the world and when bitcoin begins to show signs of recovery then we are near a new all time high, I'm fine with the prices remaining more or less in the current levels for some time, I need to save some money so I can invest in crypto once again and if bitcoin does not stop moving then it is difficult to know exactly at what point to invest.

[davinchi]

Thankfully we recovered from the $9k blood bath, how long until you the think BTC reaches a new all-time high above $20k?

I don`t want to be too optimistic about this.The FUD continues to create panic.China sooner or later will ban crypto mining and the btc futures trading is pushing the price down.I think that the btc price will remain in the 10K-13K USD area and we might see some big increase next year.There might be a few hard forks this year that will help for a short term price increase,but they will be too small compared with the Bitcoin cash hard fork.

Oh, I thought China already banned bitcoin a long time ago. Anyway, I don’t even think we should let China decide what happens, cause they don’t participate much in this anymore. Bitcoin will reach $20k but we can’t tell when, but we need to invest as much as we can, cause that’s what determines what happens.

[AMHURSICKUS]

Bitcoin is now slowly recovering because of the holiday and the news about banning of bitcoin the bitcoin price decrease.
This decrease makes some investors to panic and to sell their bitcoin, they trust for bitcoin is gone because of panic thnking.
But this decrease also attract some investors to invest again because of low value, thats why its price is slowly recovering.
Hold and hold trust bitcoin, and gain more profit.

[PalindromemordnilaP]

It is a good sign that BTC breaks the ceiling of 11K USD after bitcoin and the rest of cryptoworld got into a blood bath. If BTC will reach 13K USD next week, then maybe it is safe to say that an all-time high is not far from grasp.

[Notcalculator]

It's definitely good to see the start of the hike despite regulations in asia. It's as if regulations disable some people from trading and   other people take over. What ever chilling effect the regulations had it wasnt enough for people to lose confidence so im optimistic that we'll see another all time high.