Bitcoin & Its Momentum

[radjie]

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.

bitcoin will break history back in its price movements after half of the bitcoin has taken place. However, before that happens, of course there will be another decline because many people who associate the arrival of the Chinese New Year can have an impact on market price movements, even though it is only speculation from many people, but we will see in the next few days if it is true it will happen then every the year events will continue to repeat itself

[minhtra]

dont you think the BTC chart is strange? https://www.coingecko.com/en/coins/bitcoin

[lionheart78]

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.

As of now I think Bitcoin Bitcoin had experienced a major correction during the bear season so a major correction won't happen anytime soon. Bitcoin will slowly recover its price towards the Bitcoin halving.  Probably it will even break $10k before that event.

[Ken_terrance]

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.

No one can really tell you what is yet to come, every answers is still predictions, the possibility of hitting 10k is not impossible for bitcoin and I expect more than that before halving takes place in may, if you know how to read charts very well you can make profits during the high and low

[Reatim]

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.

Well Bitcoin did not even stay longer in $9,000 level so with this we are looking for much longer momentum to at least hit $10,000 before halving ,what do you think?

dont you think the BTC chart is strange? https://www.coingecko.com/en/coins/bitcoin

Nothing strange about the chart of bitcoin because like other currency there are commonly ups and down and but one think remain for Bitcoin that other currency cant have and that is staying in Rank 1 while other currency have been shaken from their positions from the past.

[msarro]

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

Market maturity is a good thing which crypto market is getting day by day. Gold, equity market are mature only because they are very old. Give bitcoin some time, it will mature and its price will also get stable. I am just getting the feeling bitcoin price may remain stable around 7000$.

[Jiyens3]

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.

i am doubt with bitcoin can reach $10,000 in near time, look difficult to reach $10,000. in the last few days bitcoin still stable price and there is no sign about bitcoin will increase high price again, for me i still waiting about good sign to buy bitcoin again. so in my opinion bitcoin reach in near time, but it will be for longer time

[sazonk]

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.

No one can really tell you what is yet to come, every answers is still predictions, the possibility of hitting 10k is not impossible for bitcoin and I expect more than that before halving takes place in may, if you know how to read charts very well you can make profits during the high and low

You are right, as long as the issue of the world economy and political issues are good and there is no sentiment towards cryptocurreny, I think BTC will exceed 10K $. Can be seen from the BTC travel table in the past 1-2 months, and BTC touched 9K $ about 3-4 days ago, this is a good start to 2020 for BTC generally for altcoins. And also if seen from several exchangers, all altcoins have experienced an increase in volume and price in the recent times. It's clear the era of the bullish market is coming soon, many scam coins are piled up to many times the original price. But yes again prediction is just a prediction is not a certainty.

[ajeef]

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

Altcoin will be affected too when bitcoin price pump after halving i;m sure about that because people won't just stick with bitcoin when they already got much profits, they must be pump another altscoin (good alts only ofcourse) so they altseason should be coming later on

[Dhoe]

And now we can see the correction of the Bitcoin price is happening so that makes the price of Bitcoin fall again to $8500. But I think this is only a short correction and in the next moment I am sure Bitcoin will increase dramatically to 10k.

[djgtr]

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.
[/quote]

As of the latest updates breaking on, that doesn't commence at easier stage of momentum because bitcoin price seems to be pulled back down. Though it reached at $9k but it doesn't stayed on that point and yet it crashed right away. Price corrections still making more fluctuations and right now it was trying to recover to reach the previous spikes.

[leea-1334]

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

I would say it is already positive even without the halving coming. Bitcoin even at the rate of current rewards is still getting harder and harder to mine every day with difficulty just increasing to no end. Imagine when 50% of that reward is gone, miners need to keep making money so they will sell only at a profit,,, which will drive price up!

[Kemarit]

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.

It's not a rampage, although the whole market is somewhat green, we are still far from all time highs, most altcoin at most are still in the -90% from previous high. Only Bitcoin is somewhat recovering, but we still need to touch 5 digit again. $10,000 is very much doable, we just need more blood to pump the price and FOMO to set in again. I'm speculating that as we approach block halving, we might touch 5 digits again, so let's see how it will pan out in the future.

[Wysi]

There might be a small correction ahead then we might see a minor dump before May 2020. Again nothing goes as per predictions so the only option which is left to us is to keep a track of bitcoin market price and set multiple notification through various applications which provides an alarm notification when price reaches out set target and then we can act accordingly. No one can predict Bitcoin's price.

[Republikcoin.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.

a few days ago, I thought that the potential for bitcoin could reach that price, but given the current situation, I think it's quite difficult to see the price of bitcoin reaching the level of $ 10,000 this month. Apparently, the potential for rising bitcoin has stopped at the end of this month, if there is a second potential, then it will begin in the coming February, just like earlier this month.

[dodgrad]

I thought that after the last correction we will have further increases until breaking the $10k level. Unfortunately, but today's further drops do not look positive and it looks like the price will continue to go down. Let's just hope that the falls will not last long and we will see a rebound during the week, or less.

[Lagduf]

And now we can see the correction of the Bitcoin price is happening so that makes the price of Bitcoin fall again to $8500. But I think this is only a short correction and in the next moment I am sure Bitcoin will increase dramatically to 10k.

That looks like a short correction as the price support of bitcoin is really strong. We have some good analysis like this one
https://cointelegraph.com/news/bitcoin-price-slides-to-85k-as-200ma-resistance-keeps-bulls-in-check
We have seen bitcoin can be pumped anytime and this is just the early game of halving and there will be more pump to come just like litecoin. I will never doubt to believe if bitcoin will have the same pump as litecoin when it was faced its halving time last year. Just try to put 10k as the next pit stop and that's more than enough.

[Script3d]

if halving is successful, will miners stop mining bitcoin ?, see the results will be very small, if I were a miner, I would end my home mining, what do you think? is it still appropriate to mine?

if there are no miners there will be no people confirming your block and basically bitcoin will just die since nobody will confirm a single block. If i was a miner i would still continue mining because i invested my hardware for it and everytime a halving happens the price of bitcoin surges up and altcoins will also follow, it would be still worth it because of the price increase.

[criket]

I think the moment happens all the time. when we pay attention and focus on the actual bitcoin chart we can benefit every day. bitcoin charts move very dynamically and are not in the same trend. we can use it.

[Lanatsa]

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.

10k resistance wont really be that easy to break.Yeah, weve seen that we do climb price too fast but doesnt mean that it will sustain furthermore.
Now the price is somehow stabilizing in 8k which is a good thing but it doesnt give any signs if it would dump or rise on upcoming days or months.Who knows?
Correction is inevitable and can happen anytime thats why you should brace yourself on the potential risk that might happen.