BTC almost break 10k

[XinXan]

Now it's fighting at 9k and if it holds we will see another go at 10k. The key support level is at 8.8k if we lose that we are in full bear mode. We are approaching a 4 hour below 30 RSI so we could see some bounce soon but it definitely looks rough for the bulls now.

If 8,800$ breaks it doesn't mean that we are in "full bear mode" remember the next support are near that level which is 8,700$ and 8,500$ breaking down 8,800$ would only mean a support in these levels. But we still need to remember that we barely even broke the down trend channel when we quickly go down from 9,700$ so technically we are still bearish with Bitcoin. Also remember that RSI is extremely oversold which means that a lot of people have sold their position, a buy back would be nearing sooner rather than later as what you think.

You have to remember that overall, weekly charts we are in a downtrend for almost 6 months so it does pretty much mean we are in full bear mode because we are still in a bear market overall. We needed to break 12k to exit the bear market and we didn't and it's not looking very likely on this go, now we could see a higher low weekly and enter an equilibrium pattern.

[superving]

The deeper the bitcoin price the highest it will reach when bull market arrives. We just need a liitle more time and patience for the coming of the bulls. Stay calm and dont look the chart every minute.

[joshy23]

The deeper the bitcoin price the highest it will reach when bull market arrives. We just need a liitle more time and patience for the coming of the bulls. Stay calm and dont look the chart every minute.

This should be the attitude, each time we see some rise we should assume that its just a new beginning, everything still possible if bitcoin won't break $12k by this month then we are still way far from seeing the bull, but being positive about the trend I will take this moment as a opportunity to keep buying those cheap btc from the market and hold it till the end of the year, bitcoin will move forward and the value will reach another height, don't be too excited just calm down and enjoy the sway.

[lumeire]

The deeper the bitcoin price the highest it will reach when bull market arrives. We just need a liitle more time and patience for the coming of the bulls. Stay calm and dont look the chart every minute.

I'd be really happy if it'll level out at 10k and that would be the new baseline. That would be the perfect spot for it to gain momentum for the next bull run.

[justdimin]

BTC almost break 10k now what will be next ?

Bitcoin price will be at 30k$ for this year better to wait if you want to get a good profit, bitcoin can go up slowly and reach 30k$ before the end of this year. I am patiently waiting and i believed on that.

That is actually what I expect as well, but anything can happen and there could still be a possibility to see this resistance crossed. However, the movement afterwards, even though it is a psychological level is what no one really knows and so far I would rather just chill to see how things end up turning out.

We still have some good support on the way down, so I expect one more bounce to the upside, and breaking out from the $10k upward would cause a quick rally towards $12k which I am sure would be hard to get past.

[babygun]

We were close to the 10k mark, but we didn't break it. When we can break this mark consistently than I think price will continue to go up and up  .

[beerlover]

BTC almost break 10k now what will be next ?

What is next is that we are going to be retesting it any time soon after this small correction only if we do not break the most important support that has been holding us. The thing however, I believe we still have a further target around $11800 which would really give us a clue as to where next we are going from here, and that is all I am eagerly waiting for knowing it would be hard to break out from to the upward. At least, we still got to a major resistance and that is good enough for now.

[1Referee]

I'd be really happy if it'll level out at 10k and that would be the new baseline. That would be the perfect spot for it to gain momentum for the next bull run.

I think at least for this year, we aren't done with seeing sub $10,000 levels. Current bottom's average is $6500 which means that something needs to happen to fill up a $3500 gap, and that isn't very likely if nothing actually bullish drives the price further up. This market has taught us that reaching certain levels isn't a problem at all, the main struggle is maintaining them.

The less you expect from the price, the lower the eventual disappointment, that's the only thing that counts in current market. People are used to how the price has been going up last year, and based on that have higher expectations for this year, which is somewhat understandable, but not very convincing.

I'm wondering if Coinbase's coin backed fund will be the bullish impulse this market needs, but we don't know when it will actually launch. They say 2018 but that can literally mean tomorrow or somewhere in December, and then they could even delay the process if the legal procedure itself experiences delays and requires extra details from regulators. It's incredibly difficult to get something done with all the legal nonsense you have to go through.

[Thirdspace]

and... we're back to low ~$9000 again, we need some really good news to break $10k+
if only Warren Buffet would change his stance on bitcoin
though looking at price movements, it is in the right direction and increasing slowly but surely
it is just a matter of time on 'when' we will break $10k and stabilize at that level

[XinXan]

and... we're back to low ~$9000 again, we need some really good news to break $10k+
if only Warren Buffet would change his stance on bitcoin
though looking at price movements, it is in the right direction and increasing slowly but surely
it is just a matter of time on 'when' we will break $10k and stabilize at that level

I think it's just following a tightening pattern on the weekly: https://gyazo.com/96373f2c8c207581b79b4ba5e7284dc1 The higher we maintain the next higher low the more chances for a weekly bull break which pretty much will determine the trend for the rest of the year unless big news happen but so far we have had a lot of good news for long term like Nasdaq considering adding cryptos.

[Ultegra134]

BTC almost break 10k now what will be next ?

It almost surpassed $10.000 but crashed back down again, which was quite expected. We could possibly expect a larger growth after May/June, since the price is on a correction right now.
Bitcoin is facing a steady growth currently, thus the price is highly unlikely to suddenly spike like it happened back in December, patience is the key here.

[PalindromemordnilaP]

Every time bitcoin has to rise, there's always these resistance that's seems hard to break. Bitcoin now has fallen back to the bottom of 9,000$ mark and we'll just see how it will bounce back again and hopefully bitcoin will have an all time high before this month ends.

[batang_bitcoin]

BTC almost break 10k now what will be next ?

We know what happened next before it breaks out $10,000.

Every time bitcoin has to rise, there's always these resistance that's seems hard to break.

But after these tries there will be a significant increase that we can depend on. We have to wait until it breaks again to $10,000 it doesn't matter on how long we have to wait as long as we know that one day it will.

[Ayiranorea]

It went almost close to the $10000 mark, and slowly while gaining resistance to break the $10000 the value decline has taken place. Now this has gone so wild reaching around the $9000 mark. I expect the price to reach $10000 within the ongoing week and the $15000 tag by the starting of the second quarter.

[Clairvoyance]

BTC almost break 10k now what will be next ?

"Almost" break the $10k. The market has been in such a trap in a quite some time. I expect it to pass through $10k pricing to gain momentum and swing to $15k but in reality it doesn't. Still, I do hope within June - December pricing will be in the green and ultimately gain another massive volume.

[maxamus]

It went almost close to the $10000 mark, and slowly while gaining resistance to break the $10000 the value decline has taken place. Now this has gone so wild reaching around the $9000 mark. I expect the price to reach $10000 within the ongoing week and the $15000 tag by the starting of the second quarter.

Yes I think the value between $8000 to $10000 will become like a standard value of bitcoin and it will soon reach the mark of $10000 in couple of weeks.

[Happiest]

Don't be in a rush, it has not yet break $10k but still trying to maintain it $9k plus without going back . When it does reach that stage, we will cross to the next journey. Besides,  you never can tell if the price of bitcoin won't dip again, so don't be overconfident. I'm not saying that it does not have what it takes to beat more than $10k plus; sure it does but it needs more time.

[STT]

The next point or the real point is the 200 day moving average.   We had some decline since the 10k area, so now the speculation is to the extent of that short term pullback.

I plotted in a downward channel and I think its broken out of that and upwards which should mean more bullish movement going forward however a break can hesitate and require confirmation so I'm not entirely sure but generally I think its more positive not a time to sell now exactly

[Limar0]

I'm really was expecting that it hit the $10k mark last week but unfortunately it was'nt.That's typical here in crypto,today it may down a little bit and the next day it rises up.But one thing for sure, it will break that $10k barrier and moves beyond in the right time.

[virtualkeybuyer]

I'm really was expecting that it hit the $10k mark last week but unfortunately it was'nt.That's typical here in crypto,today it may down a little bit and the next day it rises up.But one thing for sure, it will break that $10k barrier and moves beyond in the right time.

Yes that is sure that the price of bitcoin will break that barrier because no matter how much the price of bitcoin drop its direction always take its start toward upward direction and it is now in that direction. The more we go in the future the more the price of bitcoin increases because the users of bitcoin increases and it increase the price of bitcoin.