Bitcoin back to 5 digits - Congratulations everyone!

[webtricks]

Still, I wonder if we can expect this growth to continue, or there will be a correction as always? I still do not believe that it is a bull run what we had back in 2017, but only a preparation for big things which should occur after halving. However I think that only the right thought is to always expect unexpected from crypto market

I don't think we will see any major correction. It may get settle at something around $10.2-10.5K before rising again. This growth isn't looking like bubble at all. There are still lots of buyers supporting the market. So I won't be surprised if we see support level around 14-15K by next week or two.
This bull run looks very different from the one of 2017. 2017 run was complimented by equivalent growth in almost of coins. Some shitcoins even rose 5-6 times. But this time Bitcoin is sole leader, it gives more credibility to run and we could hope it won't burst like last time.

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[Twinkledoe]

It is really impressing how we managed to hit 10k in such a little time.
Now I guess that many people who pulled out of the market will try to come back again and they will jump again in high prices and sell in low due to the Fud that is going to happen. It is like going of the same cycle again and again!

Truly, this increase has good impact in the crypto community as a whole. People will jump again on this hoping that the increase will continue. I hope those individuals are not driven by what they heard but this time, they also do they homework and they know what they are doing.

[DustyRah]

If bitcoin crosses 15K, then for sure we will see bitcoin to move near 20K or more. I do not think there will be much resistance after 15K and bitcoin will fly freely after in crosses 15000$. All this is due to the anticipation of Bakkt platform going live soon (https://www.bakkt.com/index) ?

Bakkt does not even list their address on their website and the domain name itself was registered less than a year ago. Its just one of many side shows and nothing more.

https://www.dynu.com/NetworkTools/Whois?Host=bakkt.com

[Fredomago]

It is really impressing how we managed to hit 10k in such a little time.
Now I guess that many people who pulled out of the market will try to come back again and they will jump again in high prices and sell in low due to the Fud that is going to happen. It is like going of the same cycle again and again!

Truly, this increase has good impact in the crypto community as a whole. People will jump again on this hoping that the increase will continue. I hope those individuals are not driven by what they heard but this time, they also do they homework and they know what they are doing.

Before jumping better to learn from the past invest when you already have a strong foundations and not only to rely with current market movements,
hitting 5 digits again will create good impact to new investors as they will notice the trends and give them interest to invest in while the ride is still
slowly moving up.

[Lanatsa]

On this very moment I'm typing, I'm glad to share this that BTC is now par $10k and we've entered the new rally towards $15k and more. I wish all those genuine hodlers the taste of success they were waiting for while hodling BTC and feel extremely sorry for those who sold down under $3500 or more but less than half of $10k under the pressure of lots of FUD and panic waves that went throughout the whole year of 2018 (except its beginning).

I believe we are all set for a huge rally, get your seat belts on guys.

We did even reach $11k price but same as a anticipated we would really see some price pullbacks or correction but seeing
this movement would really signify that we are already on a bull run.We might see $15k price soon or in the end of the year.
Holding for this long isn't really that easy for Hodlers but such patience does really pays off.

[Gabteb]

Hope we will see a long bull run this time and then stabilisation of price which will help for big adoption i think so lets wait and hope for good i dont want see any dump its enough all 2018 was in red its time for green and only.

[hirngespenst]

Welcome to the 5 digits Bitcoin -from your old friend.

I can't believe it touches $10,000 this month since the last price i saw it was at $9300, $9,700, $9,900 and then BAAM!
I never thought it would touch within this month and the price continues to grow even more than i expected.

Same here! I did not expect Bitcoin price can break 10K USD obstacle in this month! My expectation was for August month! Now, I am very happy like others! Because after 14 months of a crypto bear run, the crypto market is gained very well to start the bull run! This growth is unexpectedly great!

[Lucius]

~snip~

At this point it is really impossible to estimate the direction in which things will develop, and even though I have nothing against $14k or more, I doubt we can see such price in next week or two. I'm sure that such a rise in price surprised many, except some perma-bulls who always talk about rising prices, even in time of corrections and bear market.

I agree that this bull run is different because it's happening one year before halving, but so far the situation was just the opposite. Some would say it's an effect of pre-halving, although there are some other factors who are responsible for the current situation. One positive thing is that price is above $10k, and this is maybe signal for media to start posting about bitcoin again in a positive light, which is much better then all this FB libra shitcoin promotion.

[buwaytress]

You know, I didn't think of it or it didn't occur much to me at all but today looking on some recent Twitter trends, there is actually one group happier than anyone else at thia moment and it's those guys who bought just after the 2017 fomo kicked in or those who bought after the post 20k retracement... Around 11k.

Those who held on patiently, for over a year, must be so happy to see things level this weekend.

Conversely, those who gave up just a few months ago must feel like shit.

Congrats, hodlers

[Stedsm]

To everyone, this shows that BTC repeats its old times and the pace is vociferous. I believe that BTC can go heights when it comes to value, the major cause behind this prediction is: SCALABILITY
During 2017-18, the difficulty went to its all time high while BTC was approaching for $20k and it was near already, but this time, the difficulty broke all old records by simply getting to a new ATH every single day during the past few days while BTC was still struggling between $6k - $9k. Finally, it broke the line that was stopping it, by breaking the $12k super important resistance which makes us believe we are in the bull run. But with every parabolic move, there comes a correction and it may be between 20-30% from its fresh high this year. Let's not just sell under panic even if it tumbles down a bit becau we all know that now, BTC is not that old BTC that used to get manipulated easily but a very strong BTC which, even in this bull run, is maki everyone happy with the same least amount of fees we were paying during past days. It's not the same like in 2017-18 when, to get your transaction confirmed, you even needed to pay $100.