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Author Topic: Now that we touched $8,000, what's next?  (Read 1796 times)
sedactoo+04
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January 24, 2020, 06:06:21 PM
 #161

A deeper retracement is really likely. Maybe a bounce back from 7400 or to the 6300 levels, the most important part is if we will bounce back or not? More bear season? or direct fall to 5k?
Imo a bounce back from 7400 and holding there for a while is likely...
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January 25, 2020, 01:11:02 AM
 #162

at the moment the price of bitcoin is stable at the level of $ 8k henceforth I hope bitcoin can reach $ 9k in February. although the increase is a little but if it continues then this March the price of bitcoin can reach $ 10k. I am optimistic if bitcoin can reach a value of $ 10k in March, then the next bitcoin will continue to increase. and my target is to be able to reach $ 15k by the end of this year. but no one knows for sure the price of bitcoin in the future we can only follow and continue to monitor price movements.

 
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January 25, 2020, 03:06:02 AM
 #163

A deeper retracement is really likely. Maybe a bounce back from 7400 or to the 6300 levels, the most important part is if we will bounce back or not? More bear season? or direct fall to 5k?
Imo a bounce back from 7400 and holding there for a while is likely...
Still a big questioned where this market will be heading, there's also chances that a big pumped can take place after this dive, it's in need for everyone to assess and not to fall with this fluctuations. Anticipate according to your own understanding and make a right call to make sure that your investment will be more safer than to panic and   turned everything into a waste of your money.

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January 25, 2020, 03:51:05 AM
 #164

Well touching $8000 is just the beginning, currently the price is hovering $8300 and there could be a chance that it can go down once again. We can't say that $8000-$9000 is stable, we all know how the price fluctuates everyday, one day we will see the price getting above $9000 and now we sinks with minus $1000. So again, be prepared with some corrections along the way, we're not get in the bullish trend as others might suggest. A lot of things can happen along the road, maybe we can go back to $6000 for all we know.

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January 25, 2020, 04:21:31 AM
 #165

Well touching $8000 is just the beginning, currently the price is hovering $8300 and there could be a chance that it can go down once again. We can't say that $8000-$9000 is stable, we all know how the price fluctuates everyday, one day we will see the price getting above $9000 and now we sinks with minus $1000. So again, be prepared with some corrections along the way, we're not get in the bullish trend as others might suggest. A lot of things can happen along the road, maybe we can go back to $6000 for all we know.

I see some predictions also say it will survive at 8000-8200, if the support is not strong it will plunge below 8700. To return to 6000 I think not, because even some time ago the support was strong enough to hold at 6500 and not even touch 6000 maybe bullish occurs when it will approach halving, but I also don't know whether there will be a significant movement before halving?
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January 25, 2020, 12:06:50 PM
 #166

Why is $9000 so difficult to reach?  Grin
Should it really be February before it happens?
Then maybe $10,000 at March and so on.

So $12,000 in May. But I don't think people will be satisfied by it.
$20,000 is the most seen number in this forum. They are really waiting for the ATH return. I hope it will, then another dump for the buyers at that price last December 2017. They might be scratching to get their ROI by now.
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January 25, 2020, 03:04:25 PM
 #167

Why is $9000 so difficult to reach?  Grin
Should it really be February before it happens?
Then maybe $10,000 at March and so on.

I really think that this time when we push above $10k, we won't see 5 digits for good anymore. This time will be different...  Grin
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January 27, 2020, 09:23:59 AM
 #168

It's gonna be interesting what will happen in the next 24 hours. Will the price be sustainable at that level, or people will look at it as an opportunity to make money again and make a sell-off. We are not yet in any bull run and there could be manipulation from behind again with this kind of gain in a day. So let's see how it goes, not expecting that the price will defend its position though, in my opinion.

It seems that the price of bitcoin will continue to be sustainable given the price of bitcoin which continues to be stable and tends to increase within 24 hours, then what we will correct from this movement is whether to continue to wait or sell because it has benefited a little percent?
The target maybe in February this bitcoin will be able to reach $ 9,000 again seen in the graph is quite good in its movements.

R


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January 27, 2020, 09:42:10 AM
 #169

So as we maintain above 8550 then I dont want to consider downwards especially as price is often with positive momentum so long as it stays ahead of a weekly average which is true now.   This is a positive week open for BTC.
  When the test comes in price, see if it can keep this measure or we might speculate on 8000 once again but last attempt did not reach there.


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January 27, 2020, 04:41:31 PM
 #170

So as we maintain above 8550 then I dont want to consider downwards especially as price is often with positive momentum so long as it stays ahead of a weekly average which is true now.   This is a positive week open for BTC.
  When the test comes in price, see if it can keep this measure or we might speculate on 8000 once again but last attempt did not reach there.


Next target seeing bitcoin touch above $10,000 and look possible because bitcoin not going down with Chinese new year and not start going to higher price, when bitcoin really done with $10,000 looks easy touch higher price more than $20,000 and keep profitable again for touch with higher price.

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January 27, 2020, 09:27:59 PM
 #171

As Bitcoin price again increasing in this week, this time we can expect Bitcoin will hit 10K USD, it can happen within the first week of February! As Chinese Lunar year celebration is stopped for many reasons mainly Corona, so, crypto is not gonna see a dump!

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January 27, 2020, 11:22:04 PM
 #172

As Bitcoin price again increasing in this week, this time we can expect Bitcoin will hit 10K USD, it can happen within the first week of February! As Chinese Lunar year celebration is stopped for many reasons mainly Corona, so, crypto is not gonna see a dump!

We stepped at $9K again (24 hours high), it's a good sign that the market is on again for another rise.


https://www.binance.com/en/trade/BTC_USDT

I am expecting more rise will follow after this, and yes, $10K is never hard to achieve again so probably at the minimum, btc will reach that price before the halving schedule, what we need is another FOMO so this price will pump again, yeah, it's the pump that is needed to finally make it to the bullish market. 

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January 28, 2020, 12:41:49 AM
 #173

I really think that this time when we push above $10k, we won't see 5 digits for good anymore. This time will be different...  Grin
When $10k reach, It might be a start of a increasing price. I'm actually still buying some BTC knowing once 10k reach it may not go back again especially that halving will happen soon. Halving motivate me to invest more this time than to be in rush in buying when BTC suddenly arise beforehand.

That is actually quite a good point. The halving event in itself creates some very strong hands, who would probably sell early without such a defining event on the horizon. The first halving Bitcoin halving was rather unspectacular for the time being and came just after a bear market. Now when reaching the third halving, we have the history and effects of the two previous halvings, thus maybe creating stronger and stronger holders with every iteration.

But based on the fact that more knowledge is available, people should frontrun the next bull run and sell early to limit its explosion based on the knowledge of the prolonged bear markets and all these chances to buy lower again. Maybe the market will flaten out a little with less stronger bull and bear runs from now on.
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January 28, 2020, 02:17:21 AM
 #174

Bitcoin is having a small run, we just touched at $8000 as per Binance record, its 24 hours high is $8000.

https://www.binance.com/en/trade/BTC_USDT

What do you guys think that will happen next? is this the bull run we are long waiting?
why not edit the title mate?to "Now that we touched $9,000,what's next"? because for two times we have already touched 9k$ mate because today we are lucky to Hit that high again.
there is a thread i read that asking if Bitcoin may Hit 9k$ in the end of January and now it seems we are staying on that level.
As Bitcoin price again increasing in this week, this time we can expect Bitcoin will hit 10K USD, it can happen within the first week of February! As Chinese Lunar year celebration is stopped for many reasons mainly Corona, so, crypto is not gonna see a dump!
any reason why Corona Virus will keep Bitcoin in this Pump?what would be the effect for the price stop dumping?just having curiosity mate.

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January 28, 2020, 04:39:45 AM
 #175

Bitcoin is having a small run, we just touched at $8000 as per Binance record, its 24 hours high is $8000.

https://www.binance.com/en/trade/BTC_USDT

What do you guys think that will happen next? is this the bull run we are long waiting?
why not edit the title mate?to "Now that we touched $9,000,what's next"? because for two times we have already touched 9k$ mate because today we are lucky to Hit that high again.
there is a thread i read that asking if Bitcoin may Hit 9k$ in the end of January and now it seems we are staying on that level.
As Bitcoin price again increasing in this week, this time we can expect Bitcoin will hit 10K USD, it can happen within the first week of February! As Chinese Lunar year celebration is stopped for many reasons mainly Corona, so, crypto is not gonna see a dump!
any reason why Corona Virus will keep Bitcoin in this Pump?what would be the effect for the price stop dumping?just having curiosity mate.
Corona virus giving positive effect today raise to higher price more than 7% and look touch above $9,000 where last days bitcoin under $8.700 and now keep continue going to higher price, when bitcoin have touch above $9,000 I think look impossible bitcoin back to lower price and continue to start on higher price.

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January 28, 2020, 06:13:22 AM
 #176

Bitcoin is having a small run, we just touched at $8000 as per Binance record, its 24 hours high is $8000.

https://www.binance.com/en/trade/BTC_USDT

What do you guys think that will happen next? is this the bull run we are long waiting?
why not edit the title mate?to "Now that we touched $9,000,what's next"? because for two times we have already touched 9k$ mate because today we are lucky to Hit that high again.
there is a thread i read that asking if Bitcoin may Hit 9k$ in the end of January and now it seems we are staying on that level.
As Bitcoin price again increasing in this week, this time we can expect Bitcoin will hit 10K USD, it can happen within the first week of February! As Chinese Lunar year celebration is stopped for many reasons mainly Corona, so, crypto is not gonna see a dump!
any reason why Corona Virus will keep Bitcoin in this Pump?what would be the effect for the price stop dumping?just having curiosity mate.
Corona virus giving positive effect today raise to higher price more than 7% and look touch above $9,000 where last days bitcoin under $8.700 and now keep continue going to higher price, when bitcoin have touch above $9,000 I think look impossible bitcoin back to lower price and continue to start on higher price.

Means there is nothing at all with the effects of the Corona virus that they might not think about going to the bitcoin market during such a situation because all the Chinese government has handled it all.
The crypto market remains positive at this time as the rise will continue to $ 10k this February as the halving effect draws closer to demand.

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January 28, 2020, 06:21:21 AM
 #177

As Bitcoin price again increasing in this week, this time we can expect Bitcoin will hit 10K USD, it can happen within the first week of February! As Chinese Lunar year celebration is stopped for many reasons mainly Corona, so, crypto is not gonna see a dump!

We’re already on $9k mark and may reached another resistance too. It may not only because of the corona or the Chinese New year. Halving is also approaching that many users want to grab the momentum to buy and get some profit before or after halving.
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January 28, 2020, 09:10:46 AM
 #178

Bitcoin is having a small run, we just touched at $8000 as per Binance record, its 24 hours high is $8000.

https://www.binance.com/en/trade/BTC_USDT

What do you guys think that will happen next? is this the bull run we are long waiting?

I am not yet sure if this can mean that the big bull run we are waiting for is already knocking at the door. I am attributing this to the conflict between the USA and Iran (though some might argue this) but when this factor will be losing the steam there is still that possibility that it can even go as low as $6,000. Let's hope that this can be holding on and together with the influence of the halving Bitcoin can go beyond the $10,000 mark.
But it seems that breaking such market value barrier is too soon. The market value of Bitcoin have reached a price of more than $9000 recently but it is now falling. The increase have been caused by the tension between iran and US, and the moment it cooled, the price suddenly starts to fall. The bottomline is, the market value is naturallu volatile, so we just cannot make an assumption that its price will continuously increase just because there is a mild uprise.
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January 28, 2020, 09:55:49 AM
 #179

We’re already on $9k mark and may reached another resistance too. It may not only because of the corona or the Chinese New year. Halving is also approaching that many users want to grab the momentum to buy and get some profit before or after halving.
I don't think that the reason for this pump is the Novel Corona Virus news. But, there really could be a connection however, I'm not thinking that there's something with that. For the Chinese New Year, it's already done and I don't think there's still relation to it.

Because for the past years, the effect of CNY is always a dumping. But with the scenario now, we're seeing a pump instead.

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January 28, 2020, 10:17:25 AM
 #180

Bitcoin is having a small run, we just touched at $8000 as per Binance record, its 24 hours high is $8000.

https://www.binance.com/en/trade/BTC_USDT

What do you guys think that will happen next? is this the bull run we are long waiting?


now the price $9000 i think its easily to see bitcoin at level $10k  
the indicator giving use alert by green bull, prepare your self and save bitcoin
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