BTC Struggling to Reach Over 9K

[Elysian_ELY]

https://www.coindesk.com/bitcoin-struggles-above-9k-as-bull-breakout-stalls/

It seems as though the bull market everyone is hoping for and expecting is on pause at the moment. BTC has hit a point where every time it touches 9k, many sell orders go through and push it back down just below this mark. There will be a time when buys will overtake these momentary road blocks. Until then its just a waiting game.

Good Luck Traders,
The Elysian Team

[1714201249]

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[1714201249]

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[9jaflick]

https://www.coindesk.com/bitcoin-struggles-above-9k-as-bull-breakout-stalls/

It seems as though the bull market everyone is hoping for and expecting is on pause at the moment. BTC has hit a point where every time it touches 9k, many sell orders go through and push it back down just below this mark. There will be a time when buys will overtake these momentary road blocks. Until then its just a waiting game.

Good Luck Traders,
The Elysian Team

Funny market... BTC price is  just dancing between 8.8k+ to 8.9k it doesn't want to go over 9k, but it definitely will.

[chidrawarster]

BTC will definitely just pass the 9k mark easily as the volatality supports my statement.If we are looking from short term point of view i wouldn't advise trading at this time as the buyers and sellers volume is equal and the price is struggling pretty hard to make some new highs.Just be patient and wait for the market to make some new highs and reap some short term profits or even long term profits as well.

[charlotte04]

https://www.coindesk.com/bitcoin-struggles-above-9k-as-bull-breakout-stalls/

It seems as though the bull market everyone is hoping for and expecting is on pause at the moment. BTC has hit a point where every time it touches 9k, many sell orders go through and push it back down just below this mark. There will be a time when buys will overtake these momentary road blocks. Until then its just a waiting game.

Good Luck Traders,
The Elysian Team

Just maybe those whales are waiting for those hopeless people to ride the rocket and we could all go to the moon with them. I'm buying now.

[uwouw0]

https://www.coindesk.com/bitcoin-struggles-above-9k-as-bull-breakout-stalls/

It seems as though the bull market everyone is hoping for and expecting is on pause at the moment. BTC has hit a point where every time it touches 9k, many sell orders go through and push it back down just below this mark. There will be a time when buys will overtake these momentary road blocks. Until then its just a waiting game.

Good Luck Traders,
The Elysian Team

Funny market... BTC price is  just dancing between 8.8k+ to 8.9k it doesn't want to above over 9k, but it definitely will.

believe me,Btc will reach 9k + end of this month and my prediction value Btc at the end of 2018 is 15k - 20k   . But,  nobody know how market work

[player514]

https://www.coindesk.com/bitcoin-struggles-above-9k-as-bull-breakout-stalls/

It seems as though the bull market everyone is hoping for and expecting is on pause at the moment. BTC has hit a point where every time it touches 9k, many sell orders go through and push it back down just below this mark. There will be a time when buys will overtake these momentary road blocks. Until then its just a waiting game.

Good Luck Traders,
The Elysian Team

I can't really say anything about the upcoming prices but this reminds me of how we were stuck at 7-8k for a while. We really didn't get out until this past week, and when we did get out, there was some pretty positive reactions from the general community. If something like that were to happen again, it's likely that Bitcoin would have the momentum to keep going higher. However, there's also the case that a good amount of people pull out their investments because they don't think BTC will go further, so in that case we may be in a limbo again.

[First77]

0.1 Bitcoin = $850. Who can buy ??

[Haunebu]

https://www.coindesk.com/bitcoin-struggles-above-9k-as-bull-breakout-stalls/

It seems as though the bull market everyone is hoping for and expecting is on pause at the moment. BTC has hit a point where every time it touches 9k, many sell orders go through and push it back down just below this mark. There will be a time when buys will overtake these momentary road blocks. Until then its just a waiting game.

Good Luck Traders,
The Elysian Team

I can't really say anything about the upcoming prices but this reminds me of how we were stuck at 7-8k for a while. We really didn't get out until this past week, and when we did get out, there was some pretty positive reactions from the general community. If something like that were to happen again, it's likely that Bitcoin would have the momentum to keep going higher. However, there's also the case that a good amount of people pull out their investments because they don't think BTC will go further, so in that case we may be in a limbo again.

I partially agree with you here. It is true that positive reactions from the community could help Bitcoin and majority of the market rally like crazy, but I do not think that investors will pull out their investments especially when so much good news is helping the market grow at the moment. Few investors might pull out their investments as you said, but majority will most likely HODL their coins for the long term period. At the rate at which the market is growing, it won't be long before Bitcoin reaches a new all time high by surpassing its previous high. Hoping that this green market continues for a long period.

[LFC_Bitcoin]

Not sure what’s so special about $9,000 but there does seem to be a lot of resistance in that area. I still think we’ll breeze past $9,000 by the end of this week though.

[motoprose]

It is because of that psychological barrier everyone was talking about when it comes closer to the $1000s.
It was at $7000 and at $8000 so of course it would be at $9000 but a lot harder to break down that wall because it is closer to the $10,000 one which is getting closer to the ath.

[lauranaura67]

Yes, it's struggling and it's very healthy for the market overall. Gradual rise is much better for the market and new crypto investors.

[BitcoinNewbie15]

https://www.coindesk.com/bitcoin-struggles-above-9k-as-bull-breakout-stalls/

It seems as though the bull market everyone is hoping for and expecting is on pause at the moment. BTC has hit a point where every time it touches 9k, many sell orders go through and push it back down just below this mark. There will be a time when buys will overtake these momentary road blocks. Until then its just a waiting game.

Good Luck Traders,
The Elysian Team

Funny market... BTC price is  just dancing between 8.8k+ to 8.9k it doesn't want to above over 9k, but it definitely will.

Yeah there is a lot of resistance up to $9.1k, seems like the price wants to go up but is being held down by that resistance. Im certain it will go over $9k eventually, it definitely is close now, but I think we may continue the bear market very soon here. It is too early for another bull run.

[Xenrise]

I am expecting that btc might overtake 9k barrier maybe next week or so. I really do believe in bitcoin and with bitcoin, we could have many money. So, buy more btc. Because for the fact that it will go up in no time.

[coinminerdotcom]

In a couple weeks we will be reading BTC struggling over 10k, 12k, 15k, etc....

This is another settling in our fluctuation on the climb. Eventually it will stabilize then slowly climb again. It's the nature of the beast, she's a skittish beast at that.

[gotminer]

0.1 Bitcoin = $850. Who can buy ??

What do you mean?  Anyone can buy.

[fiulpro]

It went momentarily and people encashed out and I think that was the biggest mistake of their life that for sure affected everyone else around too.
Now we have to wait for a long time to see that hype again .
With countries like Russia and India who are waging war against Bitcoins and.. implementing laws and restrictions I feel that we will have to wait for a very long time .

Idk why it's treated like a drug !

[bozo333]

Bitcoin is struggling continuously in Crypto market it is true but many investors are expecting it will reach 10k USD in this week. The current market is controlling the Traders and miners I think most of the miners are jump to Bitcoin cash so BCH is raise gradually in Crypto market automatically Bitcoin is little fluctuating the same place so this Will change soon we must wait for few days.

[FrueGreads]

If we look at the trading volume, we see that it is declining on the past days, so I guess that the bull run is over for now. Unless we see a huge increase in volume, driven by buyers, we will not be able to passe the $9k level. I think our best scenario for now, is to settle the $8.5K as a new support level. Even if we break that level, there is still hope for the bulls to take control of the market, if they manage to hold the $7.8k level.

Of course that these things are only important for those playing with bitcoin for short term profit, because if we think on the long run, then we can just hold or buy more BTC, because the future looks very promising. The blockchain is here to stay, and bitcoin is still it's best application so far.

[Mi5h0]

Let's face it, technical analysis is pretty much useless in the cypto world... Not even day trading is predictable. In other words, this article can be summarised as: "no idea if it goes up or down".

Hodling is always the best option If you're not willing to play the guessing game!

[Slow death]

0.1 Bitcoin = $850. Who can buy ??

when the price was $ 20,000, how would you think that we reach this price if no one was buying? and obviously many people are buying, this is because bitcoin are limited and there is a lot of demand and as the days, months and years pass more demand we will have and we will have little supply and this will cause the price to increase a lot, have a coffee and watch the markets.

https://www.coindesk.com/bitcoin-struggles-above-9k-as-bull-breakout-stalls/

It seems as though the bull market everyone is hoping for and expecting is on pause at the moment. BTC has hit a point where every time it touches 9k, many sell orders go through and push it back down just below this mark. There will be a time when buys will overtake these momentary road blocks. Until then its just a waiting game.

Good Luck Traders,
The Elysian Team

we are not having big increases in the price because of regulation, just see this:

Central Bank Of Iran Bans Banks From Crypto Dealings

Macau Monetary Authority Issues Warning On Crypto Following Criminal Ties To ICO

these things are happening at the same time in many places, so this year will be different from the other years, the price will not increase and increase as in the past years.