Bitcoin & Its Momentum

[SlimShadyMmp]

The momentum will be welcomed well because bitcoin has moved to the price of $ 9,000 + this will be a good correction because bitcoin is growing in the market so to redeem the price of $ 10,000 will soon be passed in the near future.

Halving is still on the way and I feel like that will be the major driving force for BTC to surpass 10k Maybe with that we will see the resurgence of the market,more ico,ieo or just better project coming up Last year wasnt that all great and many even withdraw for crypto Hoping that the momentum expands and maintain a better market

[leea-1334]

The momentum will be welcomed well because bitcoin has moved to the price of $ 9,000 + this will be a good correction because bitcoin is growing in the market so to redeem the price of $ 10,000 will soon be passed in the near future.

Halving is still on the way and I feel like that will be the major driving force for BTC to surpass 10k Maybe with that we will see the resurgence of the market,more ico,ieo or just better project coming up Last year wasnt that all great and many even withdraw for crypto Hoping that the momentum expands and maintain a better market

To me it seems weird to call a rally a correction, since there has been no crash recently unless you think this is a very long term correction, for which I would actually disagree. Not that I do not like the price, who does not like it? But if you are truly practical, to see altcoins priced over $100 now when no one is still really using them I would say is not a correct price.

[julius caesar]

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 will for surely gonna go up sooner or later because everyone will be hype up to the halving event. It will make the investors to invest into bitcoin much more because they know that sooner or later it will become profitable. They are investing in bitcoin because after halving, there is a possibility that the value of it will be higher than they expect.

[disconnectme]

I do love what is going on in the space currently, the euphoria that people were shouting 10X forgetting where we were coming from need a reality check. I do believe the price is upward direction but we need to be realist, the coronavirus also is not helping because people are not able to move out and make money that should fuel the next bull run

[mrquackquack]

Well it's a sight to see to say the least and on the other side of things the Dow Jones is having a nightmarish like week as well. Good thing it is the end of the work week.

[tabas]

Well it's a sight to see to say the least and on the other side of things the Dow Jones is having a nightmarish like week as well. Good thing it is the end of the work week.

Dow Jones crashed that much and having hard time to find stability. While bitcoin, despite of the correction, it's being stabilized now and anytime can go back to $9k-$10k lines.
It should also be considered that when you have posted this thread, the month of January started from $7k.

[xvids]

I think bitcoin is already preparing for it's price increase again.
The dump has ended and it seem's like it is being stable at $8.6K so for me it is just waiting to break free and move up again.

[dioanna]

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.

This is just in my thoughts as per my observation, the momentum achieved is mere hype nowadays compare to the bitcoin price momentum last 2017, I guess the players are now more careful and more anxious about losing.

[KTChampions]

The momentum will be welcomed well because bitcoin has moved to the price of $ 9,000 + this will be a good correction because bitcoin is growing in the market so to redeem the price of $ 10,000 will soon be passed in the near future.

Halving is still on the way and I feel like that will be the major driving force for BTC to surpass 10k Maybe with that we will see the resurgence of the market,more ico,ieo or just better project coming up Last year wasnt that all great and many even withdraw for crypto Hoping that the momentum expands and maintain a better market

To begin with, halving should remove inefficient miners from the market. A lot of obsolete equipment must be turned off. Such events can affect the price of bitcoin only negatively and I assume that it will at least temporarily sag. It will be a fall like around October-November 2018.

[passwordnow]

I think bitcoin is already preparing for it's price increase again.
The dump has ended and it seem's like it is being stable at $8.6K so for me it is just waiting to break free and move up again.

Can't be sure with that. Bitcoin is always like that and there are unexpected corrections that usually happen. The momentum that we can speak of with it right now is that the beginning of this year, price was lesser than it is today. Most of the people doesn't see it because they have a sticked mind to $10,000 because it went there and doesn't realized that we're still up and needless to say that it's ready to make its movement upwards.

[chennappa121]

I think bitcoin is already preparing for it's price increase again.
The dump has ended and it seem's like it is being stable at $8.6K so for me it is just waiting to break free and move up again.

Yes the Bitcoin price has stable at $8.6k from past 3 days I think the Bitcoin price is still under the support level it can go up in any time once bitcoin price break up supporting level price and I hope it can happen very soon.

[cassavachips]

After last month bitcoin reached $10k and corrected it back to $8500 which made altcoin a big dump, now bitcoin is back up and altcoin is slowly following. It looks like this will continue to happen quite quickly before the halving bitcoin occurs.

[Mame89]

After last month bitcoin reached $10k and corrected it back to $8500 which made altcoin a big dump, now bitcoin is back up and altcoin is slowly following. It looks like this will continue to happen quite quickly before the halving bitcoin occurs.

Hi friend .. Look again at the current market conditions, it seems like BTC is still holding below $ 8k and I think it still needs correction with a rather long time to be able to crawl back up to $ 10k.

[bitgolden]

In 2020 we are still in profit and people are forgetting about that. We have started the year at early 7000's and right now we are at late 7000's as of now. It means bitcoin has actually moved over 10% in profit already in the third month, it has been just 70 or so days since the year started and we are already above 10% in profit and we have even peaked above 20% in profit as well (as high as over 30% in profit) so there is no reason to panic right now and call it a bear run.

We have dropped a lot since our peak in 2020 I agree with that but it has only been 70 days since the year started, the ups and downs are normal and we can still be a bit patient about what's going to happen in the rest 290 days of the year we have left and maybe it could be even better than current situation.

[leea-1334]

After last month bitcoin reached $10k and corrected it back to $8500 which made altcoin a big dump, now bitcoin is back up and altcoin is slowly following. It looks like this will continue to happen quite quickly before the halving bitcoin occurs.

Hi friend .. Look again at the current market conditions, it seems like BTC is still holding below $ 8k and I think it still needs correction with a rather long time to be able to crawl back up to $ 10k.

It does not need a correction,,, this is the correction already happening and as usual during a correction it will pullback too far, which is why we will witness a strong bounce soon, before halving happens. Now imagine what happens if it bounces, corrects back AND halving pricing sets in, we should see very, very strong action before end of 2020.

[stomachgrowls]

After last month bitcoin reached $10k and corrected it back to $8500 which made altcoin a big dump, now bitcoin is back up and altcoin is slowly following. It looks like this will continue to happen quite quickly before the halving bitcoin occurs.

Hi friend .. Look again at the current market conditions, it seems like BTC is still holding below $ 8k and I think it still needs correction with a rather long time to be able to crawl back up to $ 10k.

It does not need a correction,,, this is the correction already happening and as usual during a correction it will pullback too far, which is why we will witness a strong bounce soon, before halving happens. Now imagine what happens if it bounces, corrects back AND halving pricing sets in, we should see very, very strong action before end of 2020.

This is how the market moves and as said where correction is an inevitable thing but we cant really guarantee that every pullback does have corresponding jump in price.

We have seen that we do stay on lower lows on bitcoin market or shall we say on the entire crypto.Thing here is that we do have some hopes yet we are heading to halving.

We do see its price goes back to 7k levels but actually this would be a good spot for buyback.

[Shadowkipper]

Bitcoin is quite volatile, so it can quickly grow and fall, hopefully soon Bitcoin will be able to grow to $9,000 first, and then to 10,000.

[Yamifoud]

Bitcoin is quite volatile, so it can quickly grow and fall, hopefully soon Bitcoin will be able to grow to $9,000 first, and then to 10,000.

I hope it will but if you are trying to look at the current movement of the market today, you will notice how hard to have such growth.
We are already at declining sentiment and I think that it gonna be at worse as people have to start in panic selling which is quite started by now. We can still be positive about the upcoming halving but it can't be guaranteed that we can experience a skyrocket because it seems to be possible especially that we are still facing a huge health issue which affects the economic system badly.

[btc_angela]

Bitcoin is quite volatile, so it can quickly grow and fall, hopefully soon Bitcoin will be able to grow to $9,000 first, and then to 10,000.

I hope it will but if you are trying to look at the current movement of the market today, you will notice how hard to have such growth.
We are already at declining sentiment and I think that it gonna be at worse as people have to start in panic selling which is quite started by now. We can still be positive about the upcoming halving but it can't be guaranteed that we can experience a skyrocket because it seems to be possible especially that we are still facing a huge health issue which affects the economic system badly.

Obviously, short term decline to me because the negative news around.
However, long term, I'm still seeing a positive growth, As compare to last year, with the price on the $6k range, today around $8k, so still it is one of the best investment asset so far. We still have the halving event, the much anticipated because it could be the catalyst for the bull run that we all have been waiting for.

[shoreno]

Bitcoin is quite volatile, so it can quickly grow and fall, hopefully soon Bitcoin will be able to grow to $9,000 first, and then to 10,000.

I hope it will but if you are trying to look at the current movement of the market today, you will notice how hard to have such growth.
We are already at declining sentiment and I think that it gonna be at worse as people have to start in panic selling which is quite started by now. We can still be positive about the upcoming halving but it can't be guaranteed that we can experience a skyrocket because it seems to be possible especially that we are still facing a huge health issue which affects the economic system badly.

Obviously, short term decline to me because the negative news around.
However, long term, I'm still seeing a positive growth, As compare to last year, with the price on the $6k range, today around $8k, so still it is one of the best investment asset so far. We still have the halving event, the much anticipated because it could be the catalyst for the bull run that we all have been waiting for.

oh the halving event .  yup that is the only hope that people see's for now or this year rather despite of the continued crisis that we are expriencing right now  .  bitcoin's momentum is on a single movement  i notice  , because if bitcoin is declining it more likely decliine contiued but the moment it rises itl also continue rises   .  i and others more are still optimistic not only this year but aswell as for the next year and decades to come because like what you said  ,  bitcoin is still the best investment ever made so far   .