Bitcoin Just Broke $10k

[Whaleagent]

https://whaleagent.club/bitcoin-bull-break-above-10000/



The bulls have done it!! We broke 10k, we broke the daily resistance, we broke the EMA resistances, it's a good day for the bulls!

[sunsilk]

It had to go $9900 for awhile but I slept for awhile and now the price booms again. It's no longer a surprise but it always amazes everyone and gives the excitement that we want when it breaks the barrier.

I wonder on how long it shall stay on $10400.

[exstasie]

The bulls have done it!! We broke 10k, we broke the daily resistance, we broke the EMA resistances, it's a good day for the bulls!

Looking good. Bears are definitely sweating now, but let's see how things pan out over the next day or so. Per this chart, we are hitting some higher time frame resistances in this area. Looking at the 15-min to 4-hour time frames, there should be a pullback soon. That should allow us to assess strength of this rally and judge whether it's just a short squeeze or not.

[creeps]

We are working differently this ghost month I guess, and maybe a good month for all of us. Bitcoin should hold on this level, we can’t be confident about the $10k level because it can still drop. Next target should be broke again by bitcoin to confirm the new uptrend, and hopefully bitcoin won’t stop from this level.

[pinacolada]

Bitcoin has been steadily going up for 4 days. Since this trend is very well established, I think it will continue going up in the same manner. If it continues going like this it could break $12,000 tomorrow.

[1Referee]

I wonder on how long it shall stay on $10400.

It depends on how we will be dealing with the multitude of resistance levels we're going to face from here. The easiest way is down, but very short term speaking, this move is bullish, but I just can't see the price make it past the first lower high of ~$13,200. Best case scenario is a second lower high of ~$12,000 which will provide a good shorting opportinity.

Volumes globally are quite low, where even the CME futures are just doing like 2000 contracts worth 10,000BTC per day. This isn't something you want to see when you hope for the price to make higher highs.

[Questat]

Bitcoin has been steadily going up for 4 days. Since this trend is very well established, I think it will continue going up in the same manner. If it continues going like this it could break $12,000 tomorrow.

That's all we want to see, it's has breach $10K again and let's hope it will not again fall but instead it will break resistance again.
It's been a while since it pump over $12K but I know that quite long correction is enough to make bitcoin stronger again in breaking high resistance.
We have a good start this August just like last month, but let's see if we can end this month with a new high this year, hopefully we can.

[samcrypto]

Bitcoin has been steadily going up for 4 days. Since this trend is very well established, I think it will continue going up in the same manner. If it continues going like this it could break $12,000 tomorrow.

Hoping for this one too and I also hope to see the market of altcoins to grow as well. If bitcoin goes to $11k level, i know it can easily go back to $13k and go for the price of $15k. We need to be prepared for the peak price, buy more just like what I’m doing. Its cheap and you will not regret on buying, its bitcoin.

[ryzaadit]

Did everyone still hope to $8800 or maybe $5000? Keep Hoping ~LOL

With the past downtrend, That's was really good to make all indicator on a normal again before start to the new trend so we just not make a fomo. Honestly, I already suitable for with the price right now. The problem for me, altcoin price keeping rekt because of these movements my BTC only have 20%, 20-30% Fiat & 50% at Altcoin. Hope we can break the next resistance.

[sunsilk]

I wonder on how long it shall stay on $10400.

It depends on how we will be dealing with the multitude of resistance levels we're going to face from here. The easiest way is down, but very short term speaking, this move is bullish, but I just can't see the price make it past the first lower high of ~$13,200. Best case scenario is a second lower high of ~$12,000 which will provide a good shorting opportinity.

Volumes globally are quite low, where even the CME futures are just doing like 2000 contracts worth 10,000BTC per day. This isn't something you want to see when you hope for the price to make higher highs.

As I'm expecting, it pulled for a while ago and I thought that will be continuous. The movement that I'm starting to check every few minutes seems to be fast and I'm just used to check it from time to time because of its movement character to be rapid.

I guess I'll remain optimistic with anything it can result for the next few days.

[arpon11]

https://whaleagent.club/bitcoin-bull-break-above-10000/



The bulls have done it!! We broke 10k, we broke the daily resistance, we broke the EMA resistances, it's a good day for the bulls!

After the significant interest rate cutting, this is really expected. It could have been a big surprise if Bitcoin did not break the resistance at $10,000 because many good news were hitting the market through this week.and we are having the impact of that news on the market currently. The $10,278 resistance has been broken also and that has turned to the next support as the 50 moving average is moving close to that area. The next level that we would see a strong fight with the bear again should be around $10,800 and $11220 and if those level are broken before the end of the weekend then expect bitcoin to create a new high of the year 2019.

[Botnake]

If demand will eventually increase, more than $10k is possible to to happen one of this days. We should monitor closely the trend of the market, but be careful not to dump your few holdings aside from your main asset. Stay within control and don't be over excited with the current spikes, it might crash with minimal value.

Demand can't be seen directly, there is a demand but at this moment, it's more on the speculation from investors that drive the increase of the price.
We can only say there's a steady increase of demand if bitcoin moves steadily uptrend, for now, it's not yet happening.

[klaaas]

Keeping it there or beyond is the target for now. I wonder when some bears show up to test the market. If they keep still this can push on higher on the charts. Lets see how the upcoming days play out.

[Oceat]

Yeah, finally after a long week of staying at $9k it did grow to $10k now and i think this month would be the time for breaking a new resistance might be $14k or $15k. It might fluctuate slowly from $10k to $15k slowly before this month ends and i hope it would stay at $12k to $13k next month as the price correction starts.

[Lanatsa]

Yeah, finally after a long week of staying at $9k it did grow to $10k now and i think this month would be the time for breaking a new resistance might be $14k or $15k. It might fluctuate slowly from $10k to $15k slowly before this month ends and i hope it would stay at $12k to $13k next month as the price correction starts.

Dropping below 9300 price is the best spot if you are shorting and on the current price which is the best time to short it up.Waiting for another pull back on sub 10k

price then rinse and repeat. We did broke the 10300 resitance. Next stop is on 12k price if we do able to have a break out then we can expect for it to shoot up but well
all of these things are speculations.

[Slow death]

Did everyone still hope to $8800 or maybe $5000? Keep Hoping ~LOL

the current price may be $10400 but you need to see that there is no good news for the short term people are probably buying because of halving and so it may be possible to drop the price to $ 7000 and after a few weeks go back increase in price

The problem for me, altcoin price keeping rekt because of these movements my BTC only have 20%, 20-30% Fiat & 50% at Altcoin.

altcoins have not been shown to be strong projects so that they achieve their independence, if altcoins are strong projects in the real world then they will have a good future.

ETH reached $1200 and today is $ 217, that's very scary

[BitHodler]

ETH reached $1200 and today is $ 217, that's very scary

It's even scarier when you think about how it dumped below $90 when everything was tanking. On the other hand, what other people consider scary is a fantastic entry point for those looking to get in at a better price.

The thing with Ethereum is that it needs to go back up without ICOs being the main price driver. Currently it's trying to gain ground as dapp platform as it was intended to be initially until ICOs took over and dominated everything.

I managed to grab some Ethereum sub $100 and have no problem holding them for a couple of years if needed. I still think that Ethereum is the number two coin based on use and demand, and that by far.

[dark08]

Before bitcoin broke the $10k most people think it will go down to $8500 level which is change direction and broke the $10k level this is only a proved that no one can predict the direction of bitcoin price, but right now I'm selling my bitcoin and converted to USDTwaiting to price drop.

[exstasie]

The thing with Ethereum is that it needs to go back up without ICOs being the main price driver. Currently it's trying to gain ground as dapp platform as it was intended to be initially until ICOs took over and dominated everything.

I managed to grab some Ethereum sub $100 and have no problem holding them for a couple of years if needed. I still think that Ethereum is the number two coin based on use and demand, and that by far.

The transition to POS (first via hybrid POW) should significantly change the accumulation/distribution dynamic, just like it did with DASH. It'll create strong incentives to buy and hold and disincentives to sell. It's also still the most robust decentralized blockchain to launch tokens on top of. It definitely has staying power. And altcoin season will come eventually, it's just hard to say when.....and a lot of people will lose a lot of money waiting for it.

[WinslowIII]

Wake me up when 1 btc = $1,000,000. Then I will think about spending some bitcoin on something cool, but never selling for fiat.