Bitcoin recovering to $10,000 could bring a new buyers..

[mycomike12345]

 Bitcoin climbed back above $10,000 Thursday for the first time in two weeks and some analysts see the psychologically key level as a trigger for new buyers to come into the market.

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[ChickenDuck]

Yes, this is the good signal for new buyers that btc has been stable again. They will enter buy state and make btc price go up in coming weeks.

Bitcoin climbed back above $10,000 Thursday for the first time in two weeks and some analysts see the psychologically key level as a trigger for new buyers to come into the market.

[Fuhre]

this sounds good for new investors in order to take some profits in the future. my suggestion Do not pull all your eggs in one basket, the little coins look great when it comes to the current situation. the progress of this figure is very profitable for all of us, hope I just want that number to rise slowly and not jumping quickly. because, there is likely to be a negative impact.

[omonuyak]

Bitcoin climbed back above $10,000 Thursday for the first time in two weeks and some analysts see the psychologically key level as a trigger for new buyers to come into the market.

Nice to hear this and we do expect another bullish trends that might push Bitcoin above $19,000 we happen in December 2017 the next push and I think Bitcoin might go above  $30,000 before we would see another pull back again. This pattern has been happening several times.

[aso118]

Bitcoin climbed back above $10,000 Thursday for the first time in two weeks and some analysts see the psychologically key level as a trigger for new buyers to come into the market.

What you say might very well be true, but I think $10,000 might be a psychological level for people to sell and book profits as well. This might more than make up for the new buyers coming in. Traditionally, new buyers come in when the price falls below a certain level, not on the way up.

[timerland]

Bitcoin climbed back above $10,000 Thursday for the first time in two weeks and some analysts see the psychologically key level as a trigger for new buyers to come into the market.

Yep, new buyers will think that $10k is cheap psychologically. They've seen how fast a climb bitcoin had when bitcoin hit $10k the first time round, and obviously they'll be inclined to think that this time will be no different.

It honestly is all psychology, because people seem to be reluctant to buy at below $10k, yet now BTC has resurfaced above 5 figures they seem to be keen at investing in bitcoin again. It's always interesting to see people making irrational decisions.

Another reason why you should never get caught up with short term fluctuations. Instead, shift your focus to the longer term.

[wizmo]

Bitcoin climbed back above $10,000 Thursday for the first time in two weeks and some analysts see the psychologically key level as a trigger for new buyers to come into the market.

Bitcoin price is very stable for the past couple of days and we may see a new ATH in the next few months as correction is been done and I think people will always buy bitcoins whatever it's $10000 or $30000.   

[mia khalifa]

Bitcoin climbed back above $10,000 Thursday for the first time in two weeks and some analysts see the psychologically key level as a trigger for new buyers to come into the market.

for new players have a very high risk when buying bitcoin at a price of $ 10k because the price can at any time fall back in the price of about $ 5-6k.
it's better to wait for a cheaper price to buy bitcoin.

[Pattart]

Bitcoin climbed back above $10,000 Thursday for the first time in two weeks and some analysts see the psychologically key level as a trigger for new buyers to come into the market.

Remain cautious as many users will probably sell at that price because I see a lot of people are buying bitcoins at a price of $6k a few days ago and will probably sell at that price. but this is a good signal for bitcoin market that this coin starts back on that track. I predict there will be a decline for the reasons above. then the price will rise again. keep calm and do the calculations before making a choice

[Pursuer]

it seems like the new buyers are still scared though. probably because of all the recent FUDs and the fact that the breakout didn't go as fast as it was expected. I  can see that price didn't hold above $10k for some reason and it is currently back at $9800!
possibly some bear traps but this is a slow rise which is not going to change speed for the time being and because of that fresh money will either come in slowly or not at all.

[mycomike12345]

In the week around Thanksgiving, Coinbase added about 300,000 users, helping send bitcoin from around $8,000 to $10,000.

[BTCLovingDude]

In the week around Thanksgiving, Coinbase added about 300,000 users, helping send bitcoin from around $8,000 to $10,000.

interesting but irrelevant point!
and also you are saying it in a way as if Coinbase added those users out of thin air! there were actual people who started investing in bitcoin because of a lot of reasons including the phenomenal performance of bitcoin, the potential that it has and also the fact that CME then others such as NASDAQ started adding bitcoin related markets.

[alyssa85]

Bitcoin climbed back above $10,000 Thursday for the first time in two weeks and some analysts see the psychologically key level as a trigger for new buyers to come into the market.

It won't bring new buyers.

The new buyers in the second part of last year only came because they saw that bitcoin had risen from $1000 at teh start of the year in what seemed like a one-way bet to riches.

Now they know it's not a one-way bet, the price falls back. We would need sustained rises to tempt the new buyers back.

[fulmetal08larz]

What we have witnessed during the BTC price push to $10k from $6k is the accumulation stage of institutional buyers and big time long term investors. They bought at a lower price level from those panic sellers and newcomers. Now, the bulls are starting an uptrend again which could cause another hype and all time high bringing in new buyers who just heard bitcoin can be profitable. Hopefully, the panic sellers learned their lesson well.

[imapessimist]

I don't think it will bring many new buyers.  New buyers are probably looking for a big profit and there isn't the confidence the price will shoot up. 

[dothebeats]

I don't think it will bring many new buyers.  New buyers are probably looking for a big profit and there isn't the confidence the price will shoot up. 

With the recent crash to sub-$7000, getting back up to $10000 may pose some kind of positive psychological effect to those people who are watching the markets closely. As what an analyst have said, the bullish sentiment felt 'reinvigorated' with the recent climb to $10000. Also, JPMorgan's CEO Jamie Dimon finally accepts BTC in public and have stated that they will launch a bitcoin ETF (which I don't have high hopes for but still a positive thing though) that could potentially be an inviting reason to invest in bitcoin. Many positive events happened lately in the midst of uncertainties with bans and regulations but it seems that positivity prevails in the market as of late. I don't give my hopes up but this is something to watch closely, I reckon.

[raven7886]

We just need a strong buying momentum and volume right now to be able to get the bulls back in shape. Looking at the charts, every smart buyer are still waiting and watching and not even ready to gamble the market yet. Better to wait and buy at a good spot than gambling your position. I am trying to be optimistic that this is the end of the downtrend and we may not go lower, but we all know that we have seen worse already, so anything is possible.

At some points between the 0.382 and 0.618 Fib level, we may end up consolidating, before having some huge run, but for now, let's just hope that the downtrend is over and we have been able to find a bottom. Market is still looking good and we can probably start testing resistances from here. Anything that would bring bitcoin down lower though, won't really be good.

[gentlemand]

The real new buying will come when BTC tops $20,000. You know it. I know it.

This is how the average person thinks. In their unusual minds a price peak means it's time to get serious and pour in. All prices below that were not serious at all.

[Rozita]

Yes. There are always some wise newcomers that are waiting for a right time to invest in bitcoin. Corrections always provide a good opportunity for these people. Now they can buy bitcoin at half the all time high.

[Sanugarid]

Bitcoin climbed back above $10,000 Thursday for the first time in two weeks and some analysts see the psychologically key level as a trigger for new buyers to come into the market.

It is surely something that will capture the interests of more people towards investing to Bitcoin. Since it is now recovering, a mindset that the profit will go along with the increase is expected. The profit is promising on investing to Bitcoin. Low market value at this moment plus the increase that it is now having is really something to look forward in the future. The demand is also increasing as more people are having their interests to Bitcoin and it will positively affect its market price as well.