My opinion about the price movement of BTC

[jossiel]

$7000 is just near around the current price so don't let your guard off if you are daily trading and always consider too much rise will also cause its own fallback. Many are already looking to the positive side that it wouldn't be long and this pump will eventually reach $10,000 soon.

The signs on the chart show that the btc will rise sharply, but I think that the rise in prices will be greatly affected by tensions between Iran and the US.

Most likely this is the reason that everyone can see about the surges.

[panganib999]

I'm more to the side of believing that the movement would continue going upward till 8.5k, and only then could the market encounter a possible resistance. Of course, this feeble assumption is made towards the fact that the increase in price is a cause (may be partly) of the continuous tensions between Iran and US, with just recently Iran sending more than a dozen missiles to the US troops ( or something of the sort). Probably a cause for the Irans to trade their fiat to BTC quickly enough.

$7000 is just near around the current price so don't let your guard off if you are daily trading and always consider too much rise will also cause its own fallback. Many are already looking to the positive side that it wouldn't be long and this pump will eventually reach $10,000 soon..

$10,000 is honestly a way too high assumption, especially since the last pump of such huge push reduced BTC to staying at 7k for 3 months, which is honestly not a good thing imo. I just hope it doesn't happen and a gradual push would occur instead.

[piebeyb]

interesting opinion that we also do not force the market to follow what we analyze through the charts, those who determine the market and we only do charts analysis that actually children can do that drawing chart patterns, my opinion since yesterday is that prices will indeed keep stable and often I say whales are playing above $ 7,000 sometimes under $ 7000 and it's time they don't play that game anymore, we are already in early 2020 where many people will come with their money in the market, it looks like prices will still get prices high in the next few weeks

it seems to me that the price movement that we saw today is just some kind of show that was created for that people all together believed in the growth of the market. I think that we will not be able to rise above 8200. This level will be very strong and as soon as we touch it we will immediately begin to move down. and when we begin to move down, perhaps we will reach 6 thousand.

are you late buying under $ 7000, so you expect a price of $ 6000, oh yes unfortunately the price is already above $ 8200 

[JCviggen]

interesting opinion that we also do not force the market to follow what we analyze through the charts, those who determine the market and we only do charts analysis that actually children can do that drawing chart patterns, my opinion since yesterday is that prices will indeed keep stable and often I say whales are playing above $ 7,000 sometimes under $ 7000 and it's time they don't play that game anymore, we are already in early 2020 where many people will come with their money in the market, it looks like prices will still get prices high in the next few weeks

it seems to me that the price movement that we saw today is just some kind of show that was created for that people all together believed in the growth of the market. I think that we will not be able to rise above 8200. This level will be very strong and as soon as we touch it we will immediately begin to move down. and when we begin to move down, perhaps we will reach 6 thousand.

are you late buying under $ 7000, so you expect a price of $ 6000, oh yes unfortunately the price is already above $ 8200 

I am always ready to buy bitcoin above $ 8600, but I do not believe that now we can rise above 8500 and stay strong over this level. I still expect to be able to buy bitcoin below 7 thousand

[jossiel]

$7000 is just near around the current price so don't let your guard off if you are daily trading and always consider too much rise will also cause its own fallback. Many are already looking to the positive side that it wouldn't be long and this pump will eventually reach $10,000 soon..

$10,000 is honestly a way too high assumption, especially since the last pump of such huge push reduced BTC to staying at 7k for 3 months, which is honestly not a good thing imo. I just hope it doesn't happen and a gradual push would occur instead.

It's not actually a too high assumption, we've just hit it few months ago if you will recall 2019 and even way higher than that. As you remember that year, you'll see how it's plausible all of the time because it seems that no one stopped it cross that line until the correction comes.

As we're talking about the falling back, bitcoin just did declined again back to $7,800 while hitting the high of $8,500.

[dunfida]

$7000 is just near around the current price so don't let your guard off if you are daily trading and always consider too much rise will also cause its own fallback. Many are already looking to the positive side that it wouldn't be long and this pump will eventually reach $10,000 soon..

$10,000 is honestly a way too high assumption, especially since the last pump of such huge push reduced BTC to staying at 7k for 3 months, which is honestly not a good thing imo. I just hope it doesn't happen and a gradual push would occur instead.

It's not actually a too high assumption, we've just hit it few months ago if you will recall 2019 and even way higher than that. As you remember that year, you'll see how it's plausible all of the time because it seems that no one stopped it cross that line until the correction comes.

As we're talking about the falling back, bitcoin just did declined again back to $7,800 while hitting the high of $8,500.

We like it or not we would definitely face up those corrections along the way.For op's target which had been already reached over but for global ones of 8700 we do almost hit that line but the price didnt tend to go up even more.It better to see this way yet were moving too fast on a short span of time and here we go again on tanking with 7k levels but at least this is a bit more higher with few hundreds compared on previous months which isnt really that bad.

[jossiel]

It's not actually a too high assumption, we've just hit it few months ago if you will recall 2019 and even way higher than that. As you remember that year, you'll see how it's plausible all of the time because it seems that no one stopped it cross that line until the correction comes.

As we're talking about the falling back, bitcoin just did declined again back to $7,800 while hitting the high of $8,500.

We like it or not we would definitely face up those corrections along the way.For op's target which had been already reached over but for global ones of 8700 we do almost hit that line but the price didnt tend to go up even more.It better to see this way yet were moving too fast on a short span of time and here we go again on tanking with 7k levels but at least this is a bit more higher with few hundreds compared on previous months which isnt really that bad.

Just as we talk about the correction then it's really a quick recovery for bitcoin.

I think it's recovery became quicker this time and I'm starting to become excited of what awaits to us within the next several months that we'll be facing. The before and after halving scenario is much getting hype this time. I thought that after seeing $7,700 we'll see it below $7,000 again but no, it has recovered so fast.

[outatime1]

I think the price movement is due to 2 reasons.

1) The price has been hanging around $7000-$7500 for a while and investors see it support or a bottom.

2) We are getting close to the halving and this could start another bull run.

[danherbias07]

Again with the sudden increase.
So can we now call this as "organic"? 
Profits are coming in for all the traders. I hope you are all getting it right.
That is one hell of a rollercoaster ride.
$500 change up and down in just a week. Wow! That is some crazy movement. This is just bitcoin market for me. It cannot be understood well.

[matchi2011]

I think the price movement is due to 2 reasons.

1) The price has been hanging around $7000-$7500 for a while and investors see it support or a bottom.

2) We are getting close to the halving and this could start another bull run.

Halving influence things around this market, with this event, investors are aiming for good market movements and if fate allow them it will be a good
timing to buy in and wait for the next pump. Many opinions that might affect the current situations but more on halving time.
BTC is creating a good sign from the beginning of this year.

[gabbie2010]

I think the price movement is due to 2 reasons.

1) The price has been hanging around $7000-$7500 for a while and investors see it support or a bottom.

2) We are getting close to the halving and this could start another bull run.

The support at $7700 to $7900 prove to be strong enough the price could go down ie price was rejected at that zone after a correction an indication of a bullish trend ready to unfold probably heading to $10K.

[Darooghe]

It seems bitcoin is in a repeat mode, and it looks like the ATH from December 2017. If bitcoin is going to repeat itself, then would be back to $7,200-$7,300 where we started, and then a big dump like it happen back in 2018 that $5,000 people are talking about might come true. Therefore a 2018 repetition is very obvious, However, as a bearish outcome, there are other options too. For example, it's still somewhat possible we bounce from this drop maybe at $7,500 support, then take off to $12,000, and run out of fuel there after completely destroying the shorts and creating an amazing hype and FOMO around the bull-run and the halving.

[bitcoindusts]

I think the price movement is due to 2 reasons.

1) The price has been hanging around $7000-$7500 for a while and investors see it support or a bottom.

2) We are getting close to the halving and this could start another bull run.

The support at $7700 to $7900 prove to be strong enough the price could go down ie price was rejected at that zone after a correction an indication of a bullish trend ready to unfold probably heading to $10K.

I think Bitcoin will hold to $8k until it breaks $9k going to $10k as analyst predicted.  It seems the market is preparing for another rally to 5 digit then retrace before rallying again towards Bitcoin halving.  Though I am still not convinced that it will break its ATH this year.

[Dart18]

It is still quite normal for me even if it go to $12k.
There might be a lot of reason that is being thrown all over social media and here but that is all not true.
The only truth is the bitcoin price moves like a wave.
It cannot be stopped. It will happen even without wars or any government issues.
The more probable reason if it came from a financial industry.

[samcrypto]

Changes is inevitable, bitcoin always move on a different ways and in 1 day we pump but the next day it can dump hard. My view about the current price is getting better, bitcoin shows a good sign of life for us, we can see that as a good start again. The movement of bitcoin is just a cycle, now its time for the pump.

[bitbunnny]

I think the price movement is due to 2 reasons.

1) The price has been hanging around $7000-$7500 for a while and investors see it support or a bottom.

2) We are getting close to the halving and this could start another bull run.

Halving influence things around this market, with this event, investors are aiming for good market movements and if fate allow them it will be a good
timing to buy in and wait for the next pump. Many opinions that might affect the current situations but more on halving time.
BTC is creating a good sign from the beginning of this year.

I don't think this is because of halving. Halving will probably influence the price but not yet and not in so extensive way that this might have really significant impact and not on long term. That is my opinion.
I think that price will continue to fluctuate and the values will be kept in.current range, somwhere between 7000$ and 8000$.

[JCviggen]

Changes is inevitable, bitcoin always move on a different ways and in 1 day we pump but the next day it can dump hard. My view about the current price is getting better, bitcoin shows a good sign of life for us, we can see that as a good start again. The movement of bitcoin is just a cycle, now its time for the pump.

pump time has not come yet that's for sure. Now we are trying to gain a hold over the level of 8 thousand dollars and I think that we will try to do it for about a month. only after Bitcoin will costs more than 10 thousand dollars, then it will be possible to talk about the time of the pump

[AakZaki]

A series of events are attach to the price of Bitcoin and other Cryptocurrency, proof is what happens in the Iraq situation, we have moved to  the $8000 level and that is the hot topic right now, people consider that Iraqi's and other neighboring countries are buying Bitcoin and other top Cryptos, because of the series of events that might come in the coming months.

I don't think only Iraq and other neighboring countries bought Bitcoin, but all countries have bought it so there has been an increase in the price of Bitcoin.

while news of the conflict between Iran and America might be part of positive news for Bitcoin and some Altcoin.  because I looked at the technical analysis also was in the area to buy.

sometimes I observe positive news on Bitcoin along with technical analysis showing the area to buy.  so it's no wonder that sometimes some people don't realize that it's happening together.  and sometimes just assume that there is an increase in the price of Bitcoin only because certain countries are buying.  even though that's not entirely true.

[The Sceptical Chymist]

But we should always look at the chart more globally. and if we look at global goals, then for me they look like this:
8770-9050
<snip>
there is still a very high chance that the price will return back below 7 thousand dollars.

So basically anything can happen, which we already knew.  Lol.  This is why I can't stand TA.

And I'm not so sure this is the start of anything resembling an upward movement in price with some momentum behind it.  True, bitcoin has seen some nice gains and has held onto them for a few days, but that really doesn't mean much.  You know as well as I do that bitcoin is inherently volatile and people can sometimes mistake that volatility for a pattern or a trend.  But I'm hoping I'm wrong and that you're right about the $8770-9050 marks, and that bitcoin hits those within a month or so.

[Hypnosis00]

Changes is inevitable, bitcoin always move on a different ways and in 1 day we pump but the next day it can dump hard. My view about the current price is getting better, bitcoin shows a good sign of life for us, we can see that as a good start again. The movement of bitcoin is just a cycle, now its time for the pump.

pump time has not come yet that's for sure. Now we are trying to gain a hold over the level of 8 thousand dollars and I think that we will try to do it for about a month. only after Bitcoin will costs more than 10 thousand dollars, then it will be possible to talk about the time of the pump

We already have the usual support from the investors. The market scalation means something great, from $7,500 to $8k...it is good enough to think that we are getting far someday. Halving is soon to arrive and we expect something could change the market trend. Actually, some say in Bullish while the others still think of having the same. Nobody could sure what will happen next...