Kemarit
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Activity: 3080
Merit: 1352
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February 15, 2018, 10:11:14 PM |
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Bitcoin looks above $10K, may resistance await ?
Yes, the bitcoin has met resistance when back to $10000, but I think it will not hinder the bitcoin of 10000 so far a long time, it will top $10000 soon, quickly back to $12000, let's hope for the recovery of the bitcoin Its already recovered from the bottom already. What we are seeing is that it could trigger another bull run in the coming days. As I have said in the previous thread, $10,000 is critical if this can be broken and sustainable we may see bitcoin never looking back at the 4 digits ($xxxx) for a long time. Let's continue to observed how the price will go from here. I'm seeing some resistance but not that heavy though. Bitcoin is now above at $10k and I think it will reach $12k for this week as a speculation this will take slowly like it did today. After it reach $12k it might fall down again in a bit but still bitcoin will recover again as we see in the past few week. Always look for a brighter side that bitcoin will rise again this year.
If $10,000 could be broken and sustainable, then $12,000 will be the next target. But its too early to say that we can touch it this weekend. I would rather see bitcoin making a steady gains, compare to a sudden price surge which will result to a sudden plunges next. Though this is really a good sign that we are out of the woods now. |
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creeps
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February 15, 2018, 11:50:07 PM |
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Already reach the 10k level again and if bitcoin continues from pumping we will see bitcoin at level of 12k this month. The market is back on its track I think cause as I can see, bitcoin is pumping and altcoins are dumping, a normal sign months ago. |
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Fuhre
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February 16, 2018, 05:58:38 AM |
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yes, we have passed the storm on the weekend yesterday. now we have reached $ 10,000 and will focus on $ 12,000. I think we just need to slowly take that number, why? yes, because it's a way that we will not fall again into the same hole and if there is a high spike in this month, chances are things yesterday happened, will happen again. Easy come, easy go! I do not want it to happen again  |
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timerland
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February 16, 2018, 07:00:52 AM |
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Bitcoin looks above $10K, may resistance await ?
What do you mean by "may resistance await"? I think that we're on a roll right now, and I would not be that surprised if there was a correction coming to take bitcoin down to around $9000 once again before re-entering the 5 figures for good this time. We're barely hanging on to the support at $10k and clearly it's not going to be there yet. Resistance right now is around $10.5k to $10.7k, if we break that, then we can pretty much confirm the uptrend for this month plus the next month. Though overall this recovery is going pretty nicely. Nothing to complain about here. |
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Theb
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February 16, 2018, 07:16:48 AM |
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Bitcoin looks above $10K, may resistance await ?
What do you mean by "may resistance await"? I think that we're on a roll right now, and I would not be that surprised if there was a correction coming to take bitcoin down to around $9000 once again before re-entering the 5 figures for good this time. We're barely hanging on to the support at $10k and clearly it's not going to be there yet. Resistance right now is around $10.5k to $10.7k, if we break that, then we can pretty much confirm the uptrend for this month plus the next month. Though overall this recovery is going pretty nicely. Nothing to complain about here. Agreed sadly the volume isn't there and it is obviously being heavily manipulated by the whales. And as of right now it is around 9,800$ per Bitcoin which it had reached as high as 10,270$ which clearly says that it would not recover this fast. For me I would like to see Bitcoin to establish a gradually increasing price as if it would go back to 12,000$ in just one day is a clear bull trap for me. |
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cipher-x_09
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February 16, 2018, 08:05:26 AM |
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It's already backed by 10,000 US dollar price and hopefully, it can sustain that way, let us just be positive and hope that it will be a dejavu just like what happened last year where February is the start where bitcoin is slowly recovering its price. Let's keep on supporting the progress of bitcoin's price.
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magneto
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February 16, 2018, 08:33:35 AM |
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Bitcoin looks above $10K, may resistance await ?
The main resistance at $9500 didn't really consistitute any resistance whatsoever. Bitcoin has already broken the $10k mark as well, on Chinese New Year day. So it's good news all round for bitcoin. Went back to under $10k again, though, just an hour ago and seems to be some resistance there. So no, it's not all clear at this point and there are going to be challenges and ceilings to break before we see $11-12k. But the overall trend is bullish and it's wise to hold your coins by all indicators at the moment. Coine's adviser based on RSI is recommending to hold as well, right now. This pump can definitely be associated with the chinese new year as well. No question about it. |
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Rrtt
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Activity: 378
Merit: 10
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February 16, 2018, 11:24:35 AM |
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Bitcoin looks above $10K, may resistance await ?
Bitocoin is playing around at $9K-$10K this week and this is good considering the recent bloodbath. We just hope that no more negative news from the media on the coming months so no more FUD. |
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wuvdoll
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Activity: 1442
Merit: 1025
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February 17, 2018, 11:54:38 AM |
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$10k level achieved, and it seems that there are no resistance coming in from the other side of the market righr now though it's still early to call if this will hold or not. Price is still dangling in the lower end of the $10k mark to the upper regions of $9000. Charts don't seem to indicate any potential drawbacks so I think this will be a good ride for the coming days.
Honestly, I really thought that $10k resistance was going to be a huge thug of war but there was nothing really to it. That shows some level of trend with what we are having presently. Sure, it is still too early to fully say we are done yet until we are done and until the chart says so, but I want to be very optimistic with the market now and see how the year starts with new highs. There are a lot of huge resistance awaiting bitcoin, but I am very optimistic that this market is back and even back stronger and we will get to see us breaking them very soon. Patience is all that is required as we obviously cannot get to see this happen just in one night, so let's keep hopes up that we break them, shatter them and start the trend back up. We stepped past the $10k already, let's hit the next one. |
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South Park
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February 17, 2018, 07:29:31 PM |
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yes, we have passed the storm on the weekend yesterday. now we have reached $ 10,000 and will focus on $ 12,000. I think we just need to slowly take that number, why? yes, because it's a way that we will not fall again into the same hole and if there is a high spike in this month, chances are things yesterday happened, will happen again. Easy come, easy go! I do not want it to happen again We are close to 11k so bitcoin is showing really good signs of recovery, but at the same time we need to be cautious, this is still a good opportunity to buy but once bitcoin goes above 13k that should be the moment to stop buying and hold since I did not think we are going to reach anything close the the ATH of December and we are probably going to move around 13k for some time. |
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Jating
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February 18, 2018, 04:58:32 AM |
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yes, we have passed the storm on the weekend yesterday. now we have reached $ 10,000 and will focus on $ 12,000. I think we just need to slowly take that number, why? yes, because it's a way that we will not fall again into the same hole and if there is a high spike in this month, chances are things yesterday happened, will happen again. Easy come, easy go! I do not want it to happen again We are close to 11k so bitcoin is showing really good signs of recovery, but at the same time we need to be cautious, this is still a good opportunity to buy but once bitcoin goes above 13k that should be the moment to stop buying and hold since I did not think we are going to reach anything close the the ATH of December and we are probably going to move around 13k for some time. $11K was broken a few hours ago, but the price go down to $10,900 but I'm that its just a minor resistance and at some point it will past $11K again and will test the next psychological barrier which is $12K. We don't need to worry at all, maybe those who bought bitcoin at $6K at now taking profits which is understandable. The question of the OP have been answered already. We may have some resistance at $10K but it was broken down easily after the Chinese New Year. ATH will come, just a matter of time. I'll just wait and not hurry and we all should hold on our bitcoin. |
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nightfury
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February 18, 2018, 01:09:32 PM |
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It's really good to see the cryptomarket most especially if you are a HODLer during the crypto disaster and you are even tempted to click on each crypto's graph to see how far it goes since its dip. Bitcoin just reached 11,000$ mark lately but now, it went down again leaving the cryptomarket bleed again. But for sure, it's an indication that it will pump for another new high this year.
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Kersh768
Sr. Member
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Activity: 658
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Freshdice.com
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February 18, 2018, 01:50:00 PM |
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Bitcoin looks above $10K, may resistance await ?
Bitcoin already broke and crossed the 10k mark. Also, it is still continuously rising at this moment which is something to be excited for. This is an obvious opportunity to invest in Bitcoin. As its market value continues to rise, profit will be earned as well. Still, fluctuations are exoected but we should mind the increase more than to worry about the dumps |
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marsmyname
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February 22, 2018, 11:03:55 AM |
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Bitcoin already reached 10k dollars again and now the price is 10,075 dollars and I think that's good start. For sure you will earn a lot of profit once the price become $20,000 again for sure you will get more profit. This is it guyz the price will continue to increase again. More bitcoin that you have more money to come with you. So better to hold your bitcoin you need to be patient.
It is really a very good start. That was a huge one and we got it out of the way like a piece of paper. I pity those who panicked and ended up selling out at dip, I hope they get to see why everyone keeps telling them to hold anytime soon. I want to also believe like some people have said that the market is back strong, and hopefully we will get to start seeing more volume than what we already have as that would be an interesting sign to look out for as well. |
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streazight
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February 23, 2018, 06:00:13 AM |
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I think this is because of chinese new year? So i think after the chinese new year we will see slow recover of the price soon..
But we will experience a bit drop because there are holders who bought at $6k level which they made profit with the current price..
And i think there are many bitcoin miners are willing to sell partial of their mine coins just to get benefits of the price increase today and don't lose opportunity of the price increase today..
Hmm. Chinese new year was just a day to end before we broke the resistance. I may be wrong, but I do not think this has nothing to do with the new year. With the way a lot of people have been talking about the new year, I was expecting us to have broken past $12k by now.  However, like I said, I may be wrong, those are my opinions, but with or without the Chinese, the market has already been showing a lot of strength some few days back. |
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krishnaverma
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February 23, 2018, 06:07:15 AM |
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Bitcoin looks above $10K, may resistance await ?
Now it has already crossed that level and the next target is $15000 which should be achieved by march end. Bitcoin is showing about 10% growth every week and it is pretty decent. I ma investing more at current levels. |
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shezu007
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February 23, 2018, 06:25:52 AM |
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Bitcoin will varying between 9k$-10k$ mostly and we are waiting that price will pump soon and cross 12k$ soon. But not sure when this will happen.
According to my experience price will not pump as soon as people are thinking it will take some duration. So we need patience and also need to apply our technique and doing trading in present situation also that will improve our experience more.
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thuchien
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February 26, 2018, 03:19:12 AM |
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rizkyhiw
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February 26, 2018, 04:33:21 AM |
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It will keep coming closer and approaching $ 19000, maybe now prices will continue to rise and fall. I believe later bitcoin will skyrocket again, just need to wait a while for everything to be achieved. |
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