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Author Topic: BTC almost break 10k  (Read 563 times)
richardsNY
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May 09, 2018, 09:40:28 PM
 #61

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.

The thing with people expecting it to happen is that they themselves don't contribute to any of this growth. If traders and market movers thought the market was due for an increase, the bump through $10,000 would have happened already, but it didn't, and that purely based on the lack of upwards incentive says enough, at least for now. This market can change in an instant, which means that what isn't likely to happen today, can be reached tomorrow without any problems. And yes, we will definitely break that $10,000 point, but it might and likely will take longer than people currently think. At least sub $10,000 levels allow people to keep accumulating as many coins as possible, so it's not all bad that the price hasn't broken through $10,000 yet. Smiley
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May 10, 2018, 07:45:32 AM
 #62

BTC almost break 10k now what will be next ?

Yes it almost did. $9,900+ was really something. I was so excited that i actually nailed myself in front of my notebook. But then it's nature took it's course. Volatility is in fact a major problem in the cryptocurrency markets that we have absolutely no capability to stop or redirect. Sooner or later bitcoins price will eventually cross that barrier line.


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May 10, 2018, 08:43:31 AM
 #63

BTC almost break 10k now what will be next ?

Yes it almost did. $9,900+ was really something. I was so excited that i actually nailed myself in front of my notebook. But then it's nature took it's course. Volatility is in fact a major problem in the cryptocurrency markets that we have absolutely no capability to stop or redirect. Sooner or later bitcoins price will eventually cross that barrier line.



Actually volatility is also good advantage for all users as this is more attracted to invest to buy at lower rate. Many of us are excited for the btc price to cross to $10k. And were lucky we still hold our btc and any months time price may high more than $10k.
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May 10, 2018, 01:10:46 PM
 #64

BTC almost break 10k now what will be next ?
If this happening will continue then for sure bitcoin can rise more than what we are expecting. Bitcoin could raise its price higher than it seems. There is no impossible thing for bitcoin.


Yes I see that bitcoin's price now is nearly to reach $10,000 but we should bare in mind also that it may not continually goes up. Anything can happen specially with bitcoin. With cryptocurrency like bitcoin it is unpredictable and volatile in nature. We just have to understand and just find ways how to deal with it.
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May 10, 2018, 01:44:07 PM
 #65

BTC almost break 10k now what will be next ?

There will be a huge selling wall above 10k, or should it rather be called a ceiling? As I explained before, the multitude of people bought into what seemed a correction (or even a bottom) at 12k when the price had first gone to that mark from its December highs. Back then it looked like a good entry point. As always, the majority was proven wrong again. Now all these folks will be happy to sell at their break-even price which is somewhere around 12k. Obviously, there are people who bought at the bottom in February, and to them, this price will be a good selling point as well.

In other words, unless there is a really strong surge in demand, the 12k mark will be hard to conquer. But if the market sentiment remains bullish in the coming months, we will get over it eventually (even if it takes a few rise-and-fall cycles).
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May 11, 2018, 03:49:40 AM
 #66

BTC almost break 10k now what will be next ?
It seems you got your answer already, bitcoin was close to breaking the barrier of 10000 but at the end the bears won the battle and now the price is going down, it seems that many people thought that bitcoin will be unable to surpass the price and they sold before that happened this in turn created a greater supply of bitcoin and this had the effect of decreasing the price.
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May 11, 2018, 04:11:43 AM
 #67

BTC almost break 10k now what will be next ?
It seems you got your answer already, bitcoin was close to breaking the barrier of 10000 but at the end the bears won the battle and now the price is going down, it seems that many people thought that bitcoin will be unable to surpass the price and they sold before that happened this in turn created a greater supply of bitcoin and this had the effect of decreasing the price.

Well that one scenario also possible, because $10000 is big mental barrier for most trader. Who wouldn't want to get a quick profit by selling at that price? specially who are shorting bitcoin in the last 3 months. And right now the downtrend still continues as I see that the price goes below $9000 again, a indication that there might be clearly manipulating from behind and don't want the price to go above $10000 or another bad news going on our way. For now, I think that we are on another uphill battle and will continue to struggle to be able to get to 5 digit mark. The good news is that this is another good buying point for all of us if the price continues to go down in the next couple of hours.

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Hell-raiser
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May 11, 2018, 07:27:56 AM
 #68

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.

I'm curious where you got this idea from. Do the weekly charts actually show that we are still in a downtrend? Can't believe it. We rose from 6.5k to almost 10k within two months and you come here to say that the charts are pointing down? If anything, we were somewhat bullish for the past two months, and at most, you can say that we are in a sideways market, where, according to theory, the price moves "within a range without forming any distinct trends". Though the very idea of a sideways market with Bitcoin doesn't seem very plausible to me. In simple terms, it is either up or down in any appreciable time frame. Two months are more than enough to feel it, especially if your own skin is in the game.
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May 11, 2018, 07:41:48 AM
 #69

It is good news that bitcoin almost break 10,000$ but for sure the price will go down like today the price again go down in $8k to $9k. I am hoping that bitcoin will be stable value in the $10k this month and next month will be increase. Smiley
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May 12, 2018, 10:12:48 AM
 #70

BTC almost break 10k now what will be next ?

Yes it almost did. $9,900+ was really something. I was so excited that i actually nailed myself in front of my notebook. But then it's nature took it's course. Volatility is in fact a major problem in the cryptocurrency markets that we have absolutely no capability to stop or redirect. Sooner or later bitcoins price will eventually cross that barrier line.



You need to stay calm and patient seriously because it is inevitable here in the crypto market for coin to maintain same position for months even if it is the leader of the crypto coins i.e. bitcoin. Volatility is not that bad and it is good for the newcomers because it allows them to enter the market at cheap rates which would not be possible for them otherwise. So enjoy all things.
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May 13, 2018, 12:39:23 PM
 #71

BTC almost break 10k now what will be next ?
If this happening will continue then for sure bitcoin can rise more than what we are expecting. Bitcoin could raise its price higher than it seems. There is no impossible thing for bitcoin.
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May 13, 2018, 02:02:11 PM
 #72

Yeah last week bitcoin almost reach again the $10k value of it hoping for more increasing by the end of the month so much humor about the value of the bitcoin in the end of the year. We should buy more bitcoin it will be rage soon for sure.
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May 13, 2018, 04:36:39 PM
 #73

I had expected the bitcoin price will reach 10,000$ with in that day after the reach of 9900$.But due the huge selling of bitcoin holders,the price again fluctuate to 8500$.Now the price is again start to raise again.If this continues,the price of bitcoin will reach 10,000$ soon.After this,the target will be towards 12k$.

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May 15, 2018, 06:28:34 AM
 #74

BTC almost break 10k now what will be next ?

Yes it almost did. $9,900+ was really something. I was so excited that i actually nailed myself in front of my notebook. But then it's nature took it's course. Volatility is in fact a major problem in the cryptocurrency markets that we have absolutely no capability to stop or redirect. Sooner or later bitcoins price will eventually cross that barrier line.



You need to stay calm and patient seriously because it is inevitable here in the crypto market for coin to maintain same position for months even if it is the leader of the crypto coins i.e. bitcoin. Volatility is not that bad and it is good for the newcomers because it allows them to enter the market at cheap rates which would not be possible for them otherwise. So enjoy all things.
It is always observed that the start of year is somehow problematic for bitcoin but later on, by the mid and end of the year, things turn in the favor of bitcoiners. Thought at the moment, prices are increasing at the speed of turtle but as the end of the year will approach, it will increase with the speed of tiger. Old bitcoiners are so calm because they are well aware of this fact and so should be new ones.

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May 15, 2018, 09:18:21 AM
 #75

BTC almost break 10k now what will be next ?

Yes it almost did. $9,900+ was really something. I was so excited that i actually nailed myself in front of my notebook. But then it's nature took it's course. Volatility is in fact a major problem in the cryptocurrency markets that we have absolutely no capability to stop or redirect. Sooner or later bitcoins price will eventually cross that barrier line.



You need to stay calm and patient seriously because it is inevitable here in the crypto market for coin to maintain same position for months even if it is the leader of the crypto coins i.e. bitcoin. Volatility is not that bad and it is good for the newcomers because it allows them to enter the market at cheap rates which would not be possible for them otherwise. So enjoy all things.
It is always observed that the start of year is somehow problematic for bitcoin but later on, by the mid and end of the year, things turn in the favor of bitcoiners. Thought at the moment, prices are increasing at the speed of turtle but as the end of the year will approach, it will increase with the speed of tiger. Old bitcoiners are so calm because they are well aware of this fact and so should be new ones.

Mt. Gox will short another set of bitcoin to pay off its creditors. An estimated 8,000 coins are still up for selling, so this could have a huge weight on price. Looks like price is holding very good around 9000 dollars despite all this things. We need to wait more before bull run, many people expect fast recovery on past all times high, but that fast will not. We should be patient, if you hold doe long time be quite and hold, if you are day trader sell now if you didn't sell when price was close to 9000 dollars few days ago and wait for new dip. For day traders there are a lot of work, price going up and down like crazy and that is good for us, for some higher rise we need to wait at least until the end of summer, after that time we can expect some bull run.

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May 15, 2018, 10:01:44 AM
 #76

BTC almost break 10k now what will be next ?
For couple of times just this march bitcoin declined to hit $10,000  so we must not asked for the next thing when we can even passed the present thing.i believe that we will find what will happens next if we crossed that 10k margin.
Because lots of speculation says $15,000 is too near if the barricades will burn.so patience is need to achieve the goal guys
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May 15, 2018, 10:37:58 AM
 #77

BTC almost break 10k now what will be next ?

Yes it almost did. $9,900+ was really something. I was so excited that i actually nailed myself in front of my notebook. But then it's nature took it's course. Volatility is in fact a major problem in the cryptocurrency markets that we have absolutely no capability to stop or redirect. Sooner or later bitcoins price will eventually cross that barrier line.



You need to stay calm and patient seriously because it is inevitable here in the crypto market for coin to maintain same position for months even if it is the leader of the crypto coins i.e. bitcoin. Volatility is not that bad and it is good for the newcomers because it allows them to enter the market at cheap rates which would not be possible for them otherwise. So enjoy all things.
It is always observed that the start of year is somehow problematic for bitcoin but later on, by the mid and end of the year, things turn in the favor of bitcoiners. Thought at the moment, prices are increasing at the speed of turtle but as the end of the year will approach, it will increase with the speed of tiger. Old bitcoiners are so calm because they are well aware of this fact and so should be new ones.

Mt. Gox will short another set of bitcoin to pay off its creditors. An estimated 8,000 coins are still up for selling, so this could have a huge weight on price. Looks like price is holding very good around 9000 dollars despite all this things. We need to wait more before bull run, many people expect fast recovery on past all times high, but that fast will not. We should be patient, if you hold doe long time be quite and hold, if you are day trader sell now if you didn't sell when price was close to 9000 dollars few days ago and wait for new dip. For day traders there are a lot of work, price going up and down like crazy and that is good for us, for some higher rise we need to wait at least until the end of summer, after that time we can expect some bull run.

They should stop dumping it or else the one we saw is the stability or the dumping since those Mt.Gox dumping games can affect the mindsets of majority of whales and we might not see those bull run thing those thing will not be stop nor be done completely by them. And let's hope for the best for this summer end since as you said we might gonna see a major cameback for the price on each bits.

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May 15, 2018, 11:16:40 AM
 #78

BTC almost break 10k now what will be next ?

Yes it almost did. $9,900+ was really something. I was so excited that i actually nailed myself in front of my notebook. But then it's nature took it's course. Volatility is in fact a major problem in the cryptocurrency markets that we have absolutely no capability to stop or redirect. Sooner or later bitcoins price will eventually cross that barrier line.



You need to stay calm and patient seriously because it is inevitable here in the crypto market for coin to maintain same position for months even if it is the leader of the crypto coins i.e. bitcoin. Volatility is not that bad and it is good for the newcomers because it allows them to enter the market at cheap rates which would not be possible for them otherwise. So enjoy all things.
It is always observed that the start of year is somehow problematic for bitcoin but later on, by the mid and end of the year, things turn in the favor of bitcoiners. Thought at the moment, prices are increasing at the speed of turtle but as the end of the year will approach, it will increase with the speed of tiger. Old bitcoiners are so calm because they are well aware of this fact and so should be new ones.

Mt. Gox will short another set of bitcoin to pay off its creditors. An estimated 8,000 coins are still up for selling, so this could have a huge weight on price. Looks like price is holding very good around 9000 dollars despite all this things. We need to wait more before bull run, many people expect fast recovery on past all times high, but that fast will not. We should be patient, if you hold doe long time be quite and hold, if you are day trader sell now if you didn't sell when price was close to 9000 dollars few days ago and wait for new dip. For day traders there are a lot of work, price going up and down like crazy and that is good for us, for some higher rise we need to wait at least until the end of summer, after that time we can expect some bull run.

They should stop dumping it or else the one we saw is the stability or the dumping since those Mt.Gox dumping games can affect the mindsets of majority of whales and we might not see those bull run thing those thing will not be stop nor be done completely by them. And let's hope for the best for this summer end since as you said we might gonna see a major cameback for the price on each bits.

Obviously, we have been affected since we have learn that indeed the trustee has started to dump the coins since September (if I'm not mistaken). But we haven't noticed it because the price keeps increasing and we reached the peak in December. The problem arises after the bubble has burst.

So he still has a lot of bitcoin at his disposal that can really put a lot of pressure on the market. There are reports saying that he offload through OTC though, so we can only speculate as to what is the real cause of the fall from almost getting to $10K.

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voztata
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May 16, 2018, 05:31:30 AM
 #79

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.

The thing with people expecting it to happen is that they themselves don't contribute to any of this growth. If traders and market movers thought the market was due for an increase, the bump through $10,000 would have happened already, but it didn't, and that purely based on the lack of upwards incentive says enough, at least for now. This market can change in an instant, which means that what isn't likely to happen today, can be reached tomorrow without any problems. And yes, we will definitely break that $10,000 point, but it might and likely will take longer than people currently think. At least sub $10,000 levels allow people to keep accumulating as many coins as possible, so it's not all bad that the price hasn't broken through $10,000 yet. Smiley
Bitcoin has reached at the price equivalent to 10k dollar and it is not difficult for Bitcoin to hit higher than this price but as we know that the market is still very good and the price varies with demand. The increase demand will definitely let the price go higher than the 10k dollar price. There is no such currency in the market which can compete with the Bitcoin and this is still a great achievement as no other currency has it.
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May 16, 2018, 07:11:03 AM
 #80

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.

The thing with people expecting it to happen is that they themselves don't contribute to any of this growth. If traders and market movers thought the market was due for an increase, the bump through $10,000 would have happened already, but it didn't, and that purely based on the lack of upwards incentive says enough, at least for now. This market can change in an instant, which means that what isn't likely to happen today, can be reached tomorrow without any problems. And yes, we will definitely break that $10,000 point, but it might and likely will take longer than people currently think. At least sub $10,000 levels allow people to keep accumulating as many coins as possible, so it's not all bad that the price hasn't broken through $10,000 yet. Smiley
Bitcoin has reached at the price equivalent to 10k dollar and it is not difficult for Bitcoin to hit higher than this price but as we know that the market is still very good and the price varies with demand. The increase demand will definitely let the price go higher than the 10k dollar price. There is no such currency in the market which can compete with the Bitcoin and this is still a great achievement as no other currency has it.

The thing is, people are only saying that but do they really believe im what they say? I'm positive that many who are.saying to buy the dip doesn't buy the dip and panic. Probably some doesn't even own btc. 10k is a small amount to what btc is capable of but we shouldn't expect it to make us rich overnight. That's the mistake a lot of people are consistently making

 
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