BTC PUSHES PAST $ 10K

[el kaka22]

no it can't.
the same way going down to $9400 was not an indication of a big drop, rise to $10400 is not an indication of a rise. both of these are side way movement of the market which will probably be the case until the end of this month.

when it breaks $12k or $8k you can call it recovery or big drop respectively.

Yeah, it is just some normal correction that any market can have after being over bought in the short term. A lot of people always panic on little things and I wonder why anyway.

The market in the long run will always be good and that is all that matters. Hence, trying to be weary of every situation that is happening presently will only end up setting in emotions which may end up to silly mistakes. Nothing is an indication of anything, but normally from the chart, bitcoin is looking strong and it seems the market is trying to get back up, but you cannot expect the usual testing of supports and resistance not to always come to play.

It is the market, they are always bound to happen once in a while, but if that depicts whether the market is still going down or not ? Then the answer is no until we are sure we have left the downtrend totally.

[Kemarit]

over the past two days, BTC  prices has dipped as low as $9k. the BTC prices has since bounced back to a touching high of $ 10.4k, cold this be an indication that BTC is on the recovery track?

We have surpassed $11,000 already so I think it has bounce back. But as far as recovering, I don't think so. It's gonna be a long road ahead of us and the last 2 months has been pretty rough. I'm not saying that its a bad sign, but it could a indication that somewhat this could be the pattern unless some positive news that will come around to reach all-time-high and enjoy the same frenzy we see during the December madness. So it's gonna be a battle between the bulls and bears, and we all know which side we are. So let's give this market enough time and see how it pans out in the second quarter of the year.

[bozo333]

over the past two days, BTC  prices has dipped as low as $9k. the BTC prices has since bounced back to a touching high of $ 10.4k, cold this be an indication that BTC is on the recovery track?

I think it is indicate the big dump is waiting for soon. So it will little pump in the market I am just lying everyone curiously waiting the future possibilities because crypto market is suddenly drop and suddenly raise so no one predict the exact possibilities. But everything should be recover in June or July it is my prediction if you trust my words keep calm.

[TravelMug]

over the past two days, BTC  prices has dipped as low as $9k. the BTC prices has since bounced back to a touching high of $ 10.4k, cold this be an indication that BTC is on the recovery track?

I think it is indicate the big dump is waiting for soon. So it will little pump in the market I am just lying everyone curiously waiting the future possibilities because crypto market is suddenly drop and suddenly raise so no one predict the exact possibilities. But everything should be recover in June or July it is my prediction if you trust my words keep calm.

I think this is another bull trap. I have a feeling that this is not sustainable. Actually we haven't seen bitcoin sustained is price run. The last stop are $11700 then it quickly drop. Now that we touch $11K again, it keeps on fluctuating from $11K then go down $10800. I hope though that it will not go down below $10K and that the resistance is strong along that price.

Let's see how it goes in the next couple of hours, otherwise it will be a good buying opportunity again. I will buy if the price goes below $10K or $9K, good buying points.

[cluit]

I think the bitcoin price is still very unstable, at present is still in a bear market, because governments are going to further regulation, and has a worldwide the G20 meeting in March, then I think there could still have a big fall at that time.

Well, we cannot assume anything much now. Irrespective of the G20 meeting, the market will still be strong, and then it could even result to being positive news for the community which would stir up some development and growth for bitcoin entirely.

However, I do not see regulation as a problem as a lot of people are already beginning to take that as something that should even bring a lot of development in the community as it would create awareness.

[Bitcotalk]

over the past two days, BTC  prices has dipped as low as $9k. the BTC prices has since bounced back to a touching high of $ 10.4k, cold this be an indication that BTC is on the recovery track?

I guest that it is only a part of its ordinary fluctuation. It can't consider as it's boundary of recovery. Maybe if it's push to much higher rage of 30-40% of it's current value, therefore it may consider as true recovery. But for the min-time, it is good that it's already rising up. We can't predict what would happen for the following days, but I hope that it could reach it's most higher value.   

Well it's safe to say that we've already recovered in a way. Looking at how the price plunged at the start of this year, we've gone quite a long way up. I think only those that got in during he hype last december are the ones that still haven't recovered. But with enough patience, eventually we'll get back to that ath probably this year

In a normal plain scenario, I do not see anyone to have suffered the dip as long as they have not sold their bitcoin at loss. The market will definitely recover and from the look of things, it looks like it is on the verge of recovering. There is no doubt that this would eventually happen fully, but we just have to wait for it, and what we are having now are just the usual and normal fluctuations any market can have, so I do not see any need to be worried.

[haroldtee]

over the past two days, BTC  prices has dipped as low as $9k. the BTC prices has since bounced back to a touching high of $ 10.4k, cold this be an indication that BTC is on the recovery track?

I think it is indicate the big dump is waiting for soon. So it will little pump in the market I am just lying everyone curiously waiting the future possibilities because crypto market is suddenly drop and suddenly raise so no one predict the exact possibilities. But everything should be recover in June or July it is my prediction if you trust my words keep calm.

I think this is another bull trap. I have a feeling that this is not sustainable. Actually we haven't seen bitcoin sustained is price run. The last stop are $11700 then it quickly drop. Now that we touch $11K again, it keeps on fluctuating from $11K then go down $10800. I hope though that it will not go down below $10K and that the resistance is strong along that price.

Let's see how it goes in the next couple of hours, otherwise it will be a good buying opportunity again. I will buy if the price goes below $10K or $9K, good buying points.

Well, anything is an option right now and you may not be far from the truth. I would not call it a bull trap yet or confirm the statement fully until we switch back and break the upper downtrend line we broke out from recently and dive back into it and with that, I will gladly turn back my bear hats on, but for now, I have a feelings the market is looking for a strong support for accumulation before we go back testing the upper resistances again which I believe by then, it would be easy peasy.

[teilwalL05]

Well, anything is an option right now and you may not be far from the truth. I would not call it a bull trap yet or confirm the statement fully until we switch back and break the upper downtrend line we broke out from recently and dive back into it and with that, I will gladly turn back my bear hats on, but for now, I have a feelings the market is looking for a strong support for accumulation before we go back testing the upper resistances again which I believe by then, it would be easy peasy.

It really is testing the higher resistance and now that bitcoin is back at $10,657.80 USD there is a chance that panic selling will erupt again, But wish it didn't go beyond that because if it went again to the $9000 mark it can be bloody with all in the Crypto market, But if we can return to the $11,000 again it will continue up to $20,000 value.

[poplolnman]

I think we are going to see this price for a while, seems like BTC can't breakthrough the 11k barrier and BTC still looking for the support that it need, Everytime the BTC price try to spike, it being bring down to 9k, so I think BTC doesn't got enough support to stabilize and go up

There's nothing big could happened soon , no wonder people getting tired to wait and decide to sell their Bitcoin for a while. It's frustrating indeed especially for those people who lately join the club , investing money for the first time in crypto and have a huge expectation but the market let them down. This might takes months to recover back to $12k $13k $15k .

[Coffee135]

I think we are going to see this price for a while, seems like BTC can't breakthrough the 11k barrier and BTC still looking for the support that it need, Everytime the BTC price try to spike, it being bring down to 9k, so I think BTC doesn't got enough support to stabilize and go up

There's nothing big could happened soon , no wonder people getting tired to wait and decide to sell their Bitcoin for a while. It's frustrating indeed especially for those people who lately join the club , investing money for the first time in crypto and have a huge expectation but the market let them down. This might takes months to recover back to $12k $13k $15k .

Such fluctuations can scare only random people. Those who came to bitcoin consciously are not afraid of its volatility. On the contrary, in such moments, you can make good money. If you do not have experience trading on the stock exchange is the best strategy is not to panic and keep your coins. The price of bitcoin is sure to recover. Maybe it will take some time but bitcoin is also your investment in the future. Where you hurry?

[Dodoymabs]

I think we are going to see this price for a while, seems like BTC can't breakthrough the 11k barrier and BTC still looking for the support that it need, Everytime the BTC price try to spike, it being bring down to 9k, so I think BTC doesn't got enough support to stabilize and go up

There's nothing big could happened soon , no wonder people getting tired to wait and decide to sell their Bitcoin for a while. It's frustrating indeed especially for those people who lately join the club , investing money for the first time in crypto and have a huge expectation but the market let them down. This might takes months to recover back to $12k $13k $15k .

Such fluctuations can scare only random people. Those who came to bitcoin consciously are not afraid of its volatility. On the contrary, in such moments, you can make good money. If you do not have experience trading on the stock exchange is the best strategy is not to panic and keep your coins. The price of bitcoin is sure to recover. Maybe it will take some time but bitcoin is also your investment in the future. Where you hurry?

That's right, we need to trust this crypto because we  already experience this kind of fluctuations. Also, traders may find this an opportunity to buy coins due to it is value is low. Bitcoin may fall but once it bounced back then we can be sure that we may get some good profits.

[nightfury]

Bitcoin has recovered already from the crash about two weeks when it touched down 5,000$ mark. It went to a 11,000$ spurt and seems pretty good for HODLers and a bit bad for panic sellers at 6,000$ - 7,000$. The only resistance i have seen for now is 12,000$ and hopefully bitcoin will pass through it this month.

[omonuyak]

The question still remain if we can sustain this level for long time. Bitcoin should be higher than this according to my own speculation but the price keep it limit within  $10,000. There is a great potential bitcoin should be above $10,000 and because of this we should be hoping for a bright future.

[blockman]

That's a quick dumped. What's happening? Few minutes ago bitcoin is at $10,500 and now it's down to $9,570 that's crazy and really fast. It's another massive pump to alt as well. I don't know on how long this bearish will end.

Bitcoin has recovered already from the crash about two weeks when it touched down 5,000$ mark.

But it's back again to $9,000 and chances of going back to $5,000 is there.  

Bitcoin should be higher than this according to my own speculation but the price keep it limit within  $10,000.

It even didn't break through $12,000 so no idea on how long we have to endure this long bear market.

[wuvdoll]

over the past two days, BTC  prices has dipped as low as $9k. the BTC prices has since bounced back to a touching high of $ 10.4k, cold this be an indication that BTC is on the recovery track?

I think it is indicate the big dump is waiting for soon. So it will little pump in the market I am just lying everyone curiously waiting the future possibilities because crypto market is suddenly drop and suddenly raise so no one predict the exact possibilities. But everything should be recover in June or July it is my prediction if you trust my words keep calm.

I think this is another bull trap. I have a feeling that this is not sustainable. Actually we haven't seen bitcoin sustained is price run. The last stop are $11700 then it quickly drop. Now that we touch $11K again, it keeps on fluctuating from $11K then go down $10800. I hope though that it will not go down below $10K and that the resistance is strong along that price.

Let's see how it goes in the next couple of hours, otherwise it will be a good buying opportunity again. I will buy if the price goes below $10K or $9K, good buying points.

I would not be surprised if it is but I still want to believe that it is not and what we are experiencing now is bitcoin heading to the accumulation phase. Time will tell anyway as anything we say now is pure speculation and what we hope to expect but when the time comes, a lot of signals will indicate to us where we are exactly. I am still waiting as well to see how everything plays out in coming weeks and months and trying to get more fiat for the time ahead to load up more for the run ahead of us before the end of the year.

[AjithBtc]

Few hours back the price showed signs of pumping, which crossed the $10000 mark. Though that the correction has got over and the forward push has begun. Now the price has been around $9500 with majority of the altcoins being with the red indication. Hope this will change at the earliest with good growth taking the price go reach the new ath.

[creeps]

Bitcoin has recovered already from the crash about two weeks when it touched down 5,000$ mark.

But it's back again to $9,000 and chances of going back to $5,000 is there.  

I don't think so, but yeah there is no safe place here in cryptoworld everything is possible. I still hope that bitcoin will not back on $5k level again though its dump today I think it can bounce immediately. Bitcoin is a strong coin over the past year and this year I believe that it will become more stronger as a lot of good news are happening right now about the legalization of bitcoin.

[blockman]

Bitcoin has recovered already from the crash about two weeks when it touched down 5,000$ mark.

But it's back again to $9,000 and chances of going back to $5,000 is there.  

I don't think so, but yeah there is no safe place here in cryptoworld everything is possible. I still hope that bitcoin will not back on $5k level again though its dump today I think it can bounce immediately. Bitcoin is a strong coin over the past year and this year I believe that it will become more stronger as a lot of good news are happening right now about the legalization of bitcoin.

I'm avoiding to say that it won't happen but chance is chance so there it is. We have to move on and become stronger day by day to endure the pain at this moment while bitcoin is roughly crossing $12,000 and higher prices. What I'm thinking is bitcoin is only waiting for those people who can endure all the dips and when its ready to move up, it will pump any moment and those panic sellers will regret that they didn't endured at all. Price now is $9,300. 

[justspare]

over the past two days, BTC  prices has dipped as low as $9k. the BTC prices has since bounced back to a touching high of $ 10.4k, cold this be an indication that BTC is on the recovery track?

I guest that it is only a part of its ordinary fluctuation. It can't consider as it's boundary of recovery. Maybe if it's push to much higher rage of 30-40% of it's current value, therefore it may consider as true recovery. But for the min-time, it is good that it's already rising up. We can't predict what would happen for the following days, but I hope that it could reach it's most higher value.   

Well it's safe to say that we've already recovered in a way. Looking at how the price plunged at the start of this year, we've gone quite a long way up. I think only those that got in during he hype last december are the ones that still haven't recovered. But with enough patience, eventually we'll get back to that ath probably this year

In a normal plain scenario, I do not see anyone to have suffered the dip as long as they have not sold their bitcoin at loss. The market will definitely recover and from the look of things, it looks like it is on the verge of recovering. There is no doubt that this would eventually happen fully, but we just have to wait for it, and what we are having now are just the usual and normal fluctuations any market can have, so I do not see any need to be worried.

Yeah, there is really no need to be worried no matter what is happening with the market presently. I for one believe that when the time is ripe, the market will get back on its feet and head straight to where it all started dropping from, but there is no need to rush and all we need now is just patience.

Bitcoin so far has not been able to break the 12k resistance and that shows it is not really ready and when it is, it won't be a hard thing to do and moreover, it is one heavy resistance to break anyway.

[katrimans]

I think we are going to see this price for a while, seems like BTC can't breakthrough the 11k barrier and BTC still looking for the support that it need, Everytime the BTC price try to spike, it being bring down to 9k, so I think BTC doesn't got enough support to stabilize and go up

Yeah, so far, I also feel we are still trying to find support and the pull back from the close to $12k region obviously shows that. One thing that I am sure will happen for now is that we will keep testing the waters to see how it stirs and hopefully before the end of the month we will see how that leads, but for now, I am not expecting anything much anytime soon. I am just looking forward to how this month will play out anyway.