Bitcoin & Its Momentum

[Doell]

this moment felt by most of altcoin and the opportunity to raise the price of their assets too ,think will still continue by looking at other situations that will make price of bitcoin back to a safe position between 10,000 ,everyone will see this increase and buy soon and we still haven't seen the whale raise the price so for now the price will continue and I think until before halving bitcoin happened

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[ballerin and giroud]

As it stands, Bitcoin along with many other Digital Currencies have been on a Rampage recently. Some achieving all new highs while BTC is sitting on top of 9k+ usd. Only question that comes to mind now is what next? Will it have enough momentum to break thru to the 10k usd mark or will we see a major price correction? As usual any thoughts and comments are more than welcome.

There is no one who will know what the next price of bitcoin that will be touch even the professional trader though will not say that his prediction will come true and should be trusted by many people. You will be useless to ask this question IMO, the right thing is you should be focus to your strategy. I mean when you intend to spend money for your trading material then just focus on it, don't ask the price which hasn't happened yet. Set target profit that you wanted, don't be greedy because it will make you regret at the end.

[inanilujimi]

Looks like there's a correction coming in?

yes maybe at this time there is a little correction to look healthier in the market, the important thing is not too panic when the correction occurs and do not be too greedy when pumping.
now the momentum is felt depends on how we respond to choices.

[deathcode]

Looks like there's a correction coming in?

yes maybe at this time there is a little correction to look healthier in the market, the important thing is not too panic when the correction occurs and do not be too greedy when pumping.
now the momentum is felt depends on how we respond to choices.

indeed when the market is an increase that is too high is not too good. with a slight correction, it looks like the market will become stronger at this time when this situation will provide an opportunity for investors and traders to benefit again. with a decrease that occurs will trigger more investor interest after the increase occurs.

[Divinespark]

With the positive news for the market this year, I hope the price can continue to rise and surpass $ 10000. But first we need to wait for BTC to be able to stabilize trading above $ 9000, the bitcoin price has continuously dropped when rising to $ 9000 in the past and it puzzled a lot of investors. In the next few days prices may continue to correct but I think it will not be able to fall too deep. The bull market is still there and we need to wait patiently for it

[fullhdpixel]

The reality is we are going "too slow". I know many of you won't agree with that but I have been in crypto world long enough to know that when the price goes up, it goes up very very fast and right now it is not going up that fast, it is just going up steadily and that is different. Whenever price goes up steadily, that means there isn't a huge hype around it, there is no FOMO going around, as soon as there is even a single bear run the price will go back to what it was, it just depends on one person to sell all they have.

I don't like markets where one whale could change everything, I want the type of markets where even the whales can't stop and we are not in that right now. It is of course good that we are finally over $9k, we haven't been above $9k for months now, but stay careful about impending drop as well at all times.

[Xardasim]

It will take a little more time to exceed $9000.  Due to Chinese New Year, the price may go down a little bit, but I believe there will be an increase afterwards.  Because we started very well this year and demand will increase with the impact of halving.  And through this effect, after the holiday is over, positive thoughts will increase and we reach $10000.

[rizkyalhabsy]

It seems that the momentum of bitcoin is going to rise again towards $ 10000 not to close the possibility. especially soon there will be a routine halving bitcoin, usually the possibility of going up will be greater than what I see

[styca]

It's the Craig Wright stuff that is behind this latest surge. It started with BSV, then spread to other alts, then to bitcoin.
Now that CW has revealed (surprise!) that he hasn't got the keys after all, BSV has fallen. Everything else has fallen a bit alongside, the question is how much of the latest rise they can hold onto.
I would guess they will hold at least some of it, as confidence was rising anyway prior to the CW interlude... so not all bad

[posi]

It's the Craig Wright stuff that is behind this latest surge. It started with BSV, then spread to other alts, then to bitcoin.

Thats not correct because the surge trend started from bitcoin while people started buy the BSV after Craig admitted to court terms and even in the history of crypto market every decision was to be determine by bitcoin market.

Now that CW has revealed (surprise!) that he hasn't got the keys after all, BSV has fallen. Everything else has fallen a bit alongside, the question is how much of the latest rise they can hold onto.
I would guess they will hold at least some of it, as confidence was rising anyway prior to the CW interlude... so not all bad

CW is just a liar and hodlonaut knew all this which is the reason why he want an end to all his lies but concern the next uptrend which the market will hold onto, no one know.

[mrquackquack]

This guy is he really sitting on 1.1 million bitcoins?

[passwordnow]

I think we've seen what you're asking now. There's a price correction now but it's a minor one, I don't think we'll see a major one for this year prior to halving. Everyone is getting full of hopes because of that major event and the positive vibes that it brings to the market is getting stronger. Once we break $10k barrier, that doesn't mean that it's the end and I think everybody feels it as a safe zone as long as the price maintains to stay to that price.

[marilynmanson21]

if we look at the "week" time frame, bitcoin has broken the trend line, only waiting for the confirmation of the last 1 candle, and we will see whether bitcoin will continue its bullish trend to the price of 10k usd, or down to the 8k usd area.

[crossabdd]

I saw a correction last night. Bitcoin fell at the level of $8,600. but I do not see panic towards traders. they remain calm. I think they know, that the fall in the price of bitcoin overnight, is to make the increase even higher. I'm sure bitcoin will reach $10k at the end of February. while other altcoins will watch and observe the rise of bitcoin, before following for the pump.

[Pelunize12]

As it stands, Bitcoin along with many other Digital Currencies have been on a Rampage recently. Some achieving all new highs while BTC is sitting on top of 9k+ usd. Only question that comes to mind now is what next? Will it have enough momentum to break thru to the 10k usd mark or will we see a major price correction? As usual any thoughts and comments are more than welcome.

correction always happened to make organic growth. We cant avoid that but take to our own sake
As it said, the price was correction to under $ 8500 now. It is just normal thing
If you are long term holder, all you need to see just future price. Everything is gonna be okay in the future
Do NOT become too care with small volality, but just make sure clear stop loss if there is bad thing happened

[uray]

2019 wasn't the best year for Bitcoin but seeing how it's moving now is giving us hope that it will be better this time. It's on its correction period and it's the price has increased a good value so I believe that there's a big possibility that it could rise even more in the coming days or months. Halving is almost approaching so I'm sure that it will also affect Bitcoin in a good way.

I am not sure whether you are really watching the market or not as 2019 was one of the best year for the bitcoin market as the market rallied from the bear market we had and was able to pull out of the $3k range and cross almost $14k and you think that was not a good move by the market  . In layman terms what is you huge push in the market, i would like to hear, this year will be similar like last year and by the end of this year we might see the market pushing for new boundaries, alteast that is my expectation.

[distr@yopmail.com]

As it stands, Bitcoin along with many other Digital Currencies have been on a Rampage recently. Some achieving all new highs while BTC is sitting on top of 9k+ usd. Only question that comes to mind now is what next? Will it have enough momentum to break thru to the 10k usd mark or will we see a major price correction? As usual any thoughts and comments are more than welcome.

correction always happened to make organic growth. We cant avoid that but take to our own sake
As it said, the price was correction to under $ 8500 now. It is just normal thing
If you are long term holder, all you need to see just future price. Everything is gonna be okay in the future
Do NOT become too care with small volality, but just make sure clear stop loss if there is bad thing happened

it is indeed a normal thing, and the market is still in good condition even though the decline is happening and is still considered at a reasonable price. when there is a gradual increase, the market is really in a strong position. and usually, a situation like this will cause a pump soon.

[onyek16M]

As it stands, Bitcoin along with many other Digital Currencies have been on a Rampage recently. Some achieving all new highs while BTC is sitting on top of 9k+ usd. Only question that comes to mind now is what next? Will it have enough momentum to break thru to the 10k usd mark or will we see a major price correction? As usual any thoughts and comments are more than welcome.

preveously i think bitcoin can reach $10,000 end of this month or early of next month.  but two days ago we seen the bitcoin price falling down and thinking this is wrong speculation, after look the history of bitcoin price one years ago bitcoin increase high price in early january  then falling down end of january.

[TheGreatPython]

What can take this momentum continue or even go higher is the fact that hype should not go down, if the hype dies down and people start to think that the increase will stop, the increase will actually stop since its the people who actually buy and increase the price.

So, what we have to do is to keep the momentum going by making great positive posts, instead of saying "bitcoin goes down 700 dollars" we should reword as "bitcoin corrects 700 dollars" which is a more positive approach. Those type of changes will actually change how people look at bitcoin and this hype we have won't die down quickly and the increase won't stop. However, if you keep going like "will bitcoin crash", "is this the end of bitcoin", "3 charts that show why we are doomed" or whatever like that, we will stop going up for sure.

[jacafbiz]

The positive thing about BTC is the up coming halving, till may I am very bullish on the price, what people need to see now is that the market is maturing and more patience is needed to reach ones goal. As for Altcoins, I don't see future with many of them because I feel time as come to see the shitcoins die