Hold on to your hats: We’re moving up yet another Bitcoin flagpole

[Bdstar]

https://coinrivet.com/hold-on-to-your-hats-were-moving-up-yet-another-bitcoin-flagpole/

Bitcoin pumped with volume this morning to smash through resistance at $4,000.

After Bitcoin closed yesterday with its fifth daily green candle in a row, price broke out to trade above $4,000 across most major exchanges.

And its down again. It's proving that you really can't predict the bitcoin price. Though I heard bitcoin price may go up on 60K+ but i really don't believe.Now its just 3.4K and those who are believing it can make 10K are fool in my opinion.BTC price highest can reach on 5-6K this year.

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[teejayrichard2]

well this sounds good but then lets not forget no one can predict what will happen to bitcoin price accurately. All people do is speculation. For the fact that bitcoin price went high a little doesnt mean it will stay that way or continue to go high. lets just observe what happens closely and pray for better days for bitcoin

[maulana rifai]

well this sounds good but then lets not forget no one can predict what will happen to bitcoin price accurately. All people do is speculation. For the fact that bitcoin price went high a little doesnt mean it will stay that way or continue to go high. lets just observe what happens closely and pray for better days for bitcoin

I think we must be careful in observing the growth of bitcoin prices and all altcoins because their value can change at any time. in order to get a profit, we have to dare to buy when the price is cheap and sell when the price rises.

[jpnl0006]

Its good we are seeing a good sign of bitcoin price coming up back again but still we just have to sit back and watch it grow its good to celebrate it but lets not get our hopes so high yet lets be patient a little

[Anonylz]

https://coinrivet.com/hold-on-to-your-hats-were-moving-up-yet-another-bitcoin-flagpole/

Bitcoin pumped with volume this morning to smash through resistance at $4,000.

After Bitcoin closed yesterday with its fifth daily green candle in a row, price broke out to trade above $4,000 across most major exchanges.

And its down again. It's proving that you really can't predict the bitcoin price. Though I heard bitcoin price may go up on 60K+ but i really don't believe.Now its just 3.4K and those who are believing it can make 10K are fool in my opinion.BTC price highest can reach on 5-6K this year.

Never say never mate! bitcoin reaching 60k+ may seem like a long shot but you never know with those big whales that call's the shot in this space, it is no longer news that the market is heavily manipulated, so i won't be surprise if bitcoin suddenly goes wide at some point to hit that amount, and right now price is within $3,939.41 on Coingecko so still above $3,4k you pointed above.

[palle11]

It is encouraging to holders anyway. We are at &3,945 mark with nice volume. Closely approaching $4,000. I hope that we are going to continue seeing a good response to price movement by next week. It might start the bull move.

[bdbabiak77]

You fell for the bull-trap - again!

JPM has told you what price he's going to manipulate the market to: $2400. Since he has access to 300 times the capital of all crypto together, I'm pretty sure he's right on his ability to do whatever he wants.

[Jating]

You fell for the bull-trap - again!

JPM has told you what price he's going to manipulate the market to: $2400. Since he has access to 300 times the capital of all crypto together, I'm pretty sure he's right on his ability to do whatever he wants.

What do you mean?

What has JP Morgan has to do with the current spike? Are you talking about them joining crypto and having their own coin?

But, it's not a crypto per se and won't be available to the public as it will be for their own used only. So I don't know how JPMorgan again was inserted in this discussion. And what bull-trap again?

[plvbob0070]

https://coinrivet.com/hold-on-to-your-hats-were-moving-up-yet-another-bitcoin-flagpole/

Bitcoin pumped with volume this morning to smash through resistance at $4,000.

After Bitcoin closed yesterday with its fifth daily green candle in a row, price broke out to trade above $4,000 across most major exchanges.

Its a good thing though but we can't really tell what will happen in the future. Bitcoin being volatile, we can't tell if it will continue to rise or drop. But let's just hope for something good to happen.

[AjithBtc]

The thread opened on December shows the price movement of bitcoin by that time. Same has happened at present with bitcoin. By that time the price wasn't crossing the $4000 margin in a short. It was fluctuating for weeks and even after that the price didn't stood above $4000 for a longer time period as well went low gradually. Right now in this way any form of growth can happen, let's expect positive growth.

[denzkilim]

Oh boy. I wouldn't celebrate just yet. This just might be a dead cat bounce. It's really just too early to say where the prices is going. The sudden bullishness of everyone actually concerns me. Feels the same when we rose from $6000+ to $7000+ in August-September but immediately just dropped back down.

Don't get me wrong but it feels like another bull-trap is building up again in here. There are a lot of people saying that Bitcoin already hits its bottom and they are hyping on social media and other forums related to Bitcoin/Crypto Currency, but just like what you have said it is too early to celebrate at this moment because it could go sideways anytime. But I do hope that we already reached the bottom because the bear market is quite too long for now.

[Herbert2020]

Oh boy. I wouldn't celebrate just yet. This just might be a dead cat bounce. It's really just too early to say where the prices is going. The sudden bullishness of everyone actually concerns me. Feels the same when we rose from $6000+ to $7000+ in August-September but immediately just dropped back down.

Don't get me wrong but it feels like another bull-trap is building up again in here. There are a lot of people saying that Bitcoin already hits its bottom and they are hyping on social media and other forums related to Bitcoin/Crypto Currency, but just like what you have said it is too early to celebrate at this moment because it could go sideways anytime. But I do hope that we already reached the bottom because the bear market is quite too long for now.

actually there is no way you could tell what this is. it may very well be a "bear trap" in a different sense as with a little up and down to get people to start shorting and then shoot up to crush them all.

although what i think is going to happens is that we will start seeing price slowly creep up and then see a sudden drop to flush out some bot orders and then reverse back up and shoot above $4k resistance.