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Author Topic: Going under 10k ??  (Read 411 times)
Acido213 (OP)
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March 06, 2018, 07:35:25 PM
 #1

Is BTC Going under 10k??

Or that's the support to bounce?
TravelMug
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March 06, 2018, 07:42:48 PM
 #2

Is BTC Going under 10k??

Or that's the support to bounce?

I think the support on $10K is currently holding so I guess we are not going under. However, we all know how volatile this market is so I can't say for certain how long that $10K is going to hold.

about a month ago, we can seen this situation as well. I personally thought that we will not go below $10K at that time because we hit $11.7. Unfortunately it did so I thinking that we might see the same situation again. But I hoping its not going that route again because its another up hill battle to recovery.

R


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March 06, 2018, 07:48:37 PM
 #3

Actually we should not expect the bitcoin to resume an upward trend similar to that observed in 2017 given the understandable reluctance of new investors to put their capital in an asset that has proven to be volatile enough to scare even the most risky investors. In fact, if we take into account that a few days ago the bitcoin came to be below the $6,000 line, the current price around $11,000 seems quite positive given the terrible expectations of many.

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March 06, 2018, 08:06:25 PM
 #4

Yesterday I watch the last update it was 11k then I supposed that it will get high. We don't able to be afraid for it may risk for everyone so  stick with the plan for yourself. I see it last year but it surpasses the last fluctuations wihich is 15k how cine that far so people might enjoy the big changer for this time.

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March 06, 2018, 08:22:17 PM
 #5

A strong volume at the level $10k so I think we will not go lower than that price again. Bitcoin are slowly recovering, I believe we are now in a consolidation level on which inverstors are trying you secure some profit and then buy more later on.

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March 06, 2018, 08:22:39 PM
 #6

Bitcoin has iron support at 8000 dollars today. If you take the practice of the past years, bitcoin must enter a rapid growth until the end of March. But this year it is being tried to control on a national scale and for this reason bitcoin can grow very slowly this year!
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March 06, 2018, 09:15:37 PM
 #7

TBH im not too worried about this what is potentially a minor
fall back. We need to bear in mind this latest news from China
and consider whether it is in fact reported correctly.
It will be short term no mater what.

R


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March 06, 2018, 11:11:04 PM
 #8

It's just the same as we've seen in the last weeks. Bitcoin grows to 11.5k-12k struggles to break down the resistance and then drops down to around 10k. It got closer to breaking down the resistance this time. It will be back soon and next time I think it will break the resistance. The support seems stronger.

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March 07, 2018, 12:04:24 AM
 #9

Is BTC Going under 10k??

Or that's the support to bounce?

Nothing to worry dude! There are no significant movements for BTC. The price is within the trading range I’m expecting 11,700 USD support and 9,600 resistance line. This will go for at least 1 week. Volume of trade is also normal there is no significant activity aside from the news I read about the “comprehensive strategy for crypto being lobbied by Trump Administration” – source https://www.coindesk.com/trump-justice-department-rosenstein-crypto-strategy/

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March 07, 2018, 12:34:27 AM
 #10

Same thing as always, although i wish we would finally break 12000.
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March 07, 2018, 12:39:57 AM
 #11

The price of bitcoin was dropped a lot just yesterday and I think it is because of the news about spreading scam sms related to bitcoin.

And also the news about regulating bitcoin in China this might be the reason of the drop yesterday, but I think it will stay at $10k.

However, expect that the price would increase again back to $11k I saw the market just now that the price is increasing again and the movement is bouncing back.

After the regulation of bitcoin in China, possible that the price will slowly increase more this coming months.

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March 07, 2018, 03:20:23 AM
 #12

At present the market looks to the direction of support 10800. Chances to go out below became less.
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March 07, 2018, 03:30:51 AM
 #13

Is BTC Going under 10k??

Or that's the support to bounce?
Maybe but it's price will go up again. The price of Good coin like bitcoin will not go down to the end because many people are actually interested in this coin. Other coins like ETH or XCPO also bounce after those price are fall. Let's be honest, if someone will give you $10,000 in cryptocurrency then you will choose to receive it in form of bitcoin, ETH or XCPO? I am sure that you will choose bitcoin.
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March 07, 2018, 03:38:59 AM
 #14

Is BTC Going under 10k??

Or that's the support to bounce?

it looks like bitcoin prices have started bouncing again and the price is only up at about $ 10,500 only and if you look at the graphics in this image quickly the price again bounces again
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March 07, 2018, 03:54:38 AM
 #15

I think the market is recovering if bitcoin can break through the resistance level of $ 10,800 and hold higher, it will reach $ 12,000 in a short period of time.

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March 07, 2018, 03:59:20 AM
 #16

Is BTC Going under 10k??

Or that's the support to bounce?

I hope not because if bitcoin go under 10K it will falling until 7K - 8K ( my prediction ) and will make me loss. For 10K I can say is stable and we can start buy back in this area. The market is slow because to many news speculation and mostly not giving serious impact. Just replace little money at 10K and see the next move of price action, follow the direction and you'll get profit.

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March 07, 2018, 04:06:29 AM
 #17

Worth to mention is the $10 support is a strong psychological level. I'm sure Bitcoin will hold on the support level, and stabilize just above the $10k marks. But yeah, its highly speculative assets, any possible outcome could happen anytime soon.
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March 07, 2018, 04:16:30 AM
 #18

9-10k support bitcoin let’s see what will happen in few days. It seems to be sideway again stoll hard to break thecresistance 12k he need more colume and power to break hope for new good news and some good projects. Just follow your plan of trades and focus on your stop loss and buy back or  if you do cost averaging then set it in low price . Hope next month there some good movements to our crypto markets.

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March 07, 2018, 04:47:39 AM
 #19

9-10k support bitcoin let’s see what will happen in few days. It seems to be sideway again stoll hard to break thecresistance 12k he need more colume and power to break hope for new good news and some good projects. Just follow your plan of trades and focus on your stop loss and buy back or  if you do cost averaging then set it in low price . Hope next month there some good movements to our crypto markets.
Better to keep an eye inside the exchange, I think if the value falls to below 10k$ then we will expect more downside so better to make sure to have additional plans to make sure that you are still in good position, but if the trends start to  rise and more positive news showed up and push the value to
break 12k$ then we are going to expect more positive movements and more new investors to join in.
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March 07, 2018, 05:06:13 AM
 #20

9-10k support bitcoin let’s see what will happen in few days. It seems to be sideway again stoll hard to break thecresistance 12k he need more colume and power to break hope for new good news and some good projects. Just follow your plan of trades and focus on your stop loss and buy back or  if you do cost averaging then set it in low price . Hope next month there some good movements to our crypto markets.

To break the $12K barrier, we need new sets of investors. How can we get if there are constant FUD going around. We have been seeing a steady growth in the last 2 weeks pushing the price above $11K but the sentiments suddenly chance to a bearish one. And now we are fighting just to stay a float at $10K.

But its barely a week in March. I still not giving hope that we can get to $12K at the end of the month. Just patience and make some contingency plans on your end if something worst happen though.

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