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Author Topic: It's over $9000!  (Read 1352 times)
Taskford
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January 29, 2020, 11:20:02 AM
Merited by Kupid002 (2)
 #101

I think this meme really fits the value of Bitcoin at this moment.



It seems bitcoin's price stays a while in the range of 8500-8900$, but now it surpasses 9000$.
As of now, they're starting another run to claim 9200$ bitcoin price.


On my personal mindset, I may analyze it that we're more closer to $10k these days because it's now at $9.3k as of the moment. The price was bouncing progressively and Hopefully this coming week we will see a green market spikes for good. Somebody think it's impossible but just be positive, and I know we will get over all of this in the long run.

If the current standing will retain or maybe it will be stable in next following days then $10000 price is achievable and I think we can see even more since the hype starting to build up when we touches at $9000. And hope the February will be a Bitcoin friendly month so we can see more from it.

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January 29, 2020, 01:08:18 PM
 #102

And the better news is that $9,200 was a very easy thing to break down. Bitcoin moved past that resistance as if it is nothing really. I am seeing a $10,000 one of these days. I can feel the horns already.
with the increase so far we will certainly see $10k sooner, if I look at this chart it is a bullish signal. is this also an effect when halving gets closer and it will go to $15k?
Let's probably leave the $15,000 possibility aside for a while because that is quite a long target. $10,000 before halving is pretty much moderate and more probable. Or even $12,000. But I hope Bitcoin surprises us, just like what it has been doing ever since, and give us that $15,000 before May.
I am waiting when bitcoin on $15,000 will make altcoin keep following of bitcoin price or not, I am glad if bitcoin can back to higher price because still holding many kinds of altcoin assets and give me big chance when bitcoin have raising to higher price keep profitable get altcoin on the top price.
just need to wait for bitcoin price to stable after an increase, I'm sure altcoins will follow it. but of course when bitcoin is uptrend altcoins will not follow simultaneously.
I hope bitcoin doesn't rise too fast to $15k, because it will be difficult for an altcoin to follow it. I also hold some altcoins in my bag.

I also have a good amount of altcoins in my bag. I know that a very strong Bitcoin rally will really push them down but I would say let Bitcoin be Bitcoin and dominate the market. If possible, break even that $15,000. I know that when correction comes, the altcoins will have their turn of bullish trend.

 
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January 29, 2020, 01:29:11 PM
 #103

I think this meme really fits the value of Bitcoin at this moment.



It seems bitcoin's price stays a while in the range of 8500-8900$, but now it surpasses 9000$.
As of now, they're starting another run to claim 9200$ bitcoin price.


On my personal mindset, I may analyze it that we're more closer to $10k these days because it's now at $9.3k as of the moment. The price was bouncing progressively and Hopefully this coming week we will see a green market spikes for good. Somebody think it's impossible but just be positive, and I know we will get over all of this in the long run.

If the current standing will retain or maybe it will be stable in next following days then $10000 price is achievable and I think we can see even more since the hype starting to build up when we touches at $9000. And hope the February will be a Bitcoin friendly month so we can see more from it.

yes I also agree with you @taskford if bitcoin continues to increase then in February this bitcoin will reach $ 10k and maybe before bitcoin halving bitcoin has reached $ 13k. hopefully bitcoin moves according to our predictions. but we also need to be ready if bitcoin suddenly declines. everything is possible in the crypto market.

 
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January 29, 2020, 01:46:32 PM
 #104

And now its below 9000$. Bitcoin is facing very strong resistance at 9000$. If its able to break that resistance then i am sure we will see some nice bullish rally this year before coin halving.

If we form a double top here it's going to be another bearish correction for Bitcoin.
It stayed above for a few hours and fall back because people were looking left on the chart and awaiting another big dump. That dump wasn't natural and this pullback from 9k is just showing that traders are scared of manipulation, that's it. Bitcoin is as strong as ever.

Now at 9300$. Investors are no doubt more mature and sensible because of rapid pullbacks they have seen in the past. Price going above 9000$ means bitcoin this time is successful in breaking the resistance. Bull run is much awaited and is this the bull run we waiting for?

It looks like yes, the bullrun is happening, but there isn't so big pump. I see the movement of the market back to green, and I'm already happy because this is a real recovery.
Bitcoin has returned what was expected and now we are waiting for the results if bitcoin has really gone upward, then the analysis of experts is correct too.

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January 29, 2020, 02:22:27 PM
 #105

Currently alighted on $9300. I don't know if this would be stable, there's still a chance for it to push further if there's enough of these bulls propping up the price. If it don't hit 10k soon it might drop again though as people just cash out thinking the bull run is over.
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January 29, 2020, 02:31:49 PM
 #106

The price predictions were taking realtime move. Before the end of January we've reached the $9000 price barrier. Further can expect the growth to continue without much of downward deviations. Probably by the beginning days of February we can cross $10000, upon which the possible days to invest or buy at lower price for these days were almost over. Coming weeks were the time to profit out of the investment.

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January 29, 2020, 03:09:17 PM
 #107

It's good to witness that bitcoin value is now surpassing $9k level and same thing with many people, I also hoping that it will going to continue and
target another new barrier. Let's not look backwards to avoid another corrections, let the upwards movement continue and bring more positive growth
to our investment.

I bought my first bit of bitcoin today just before the rise in value. I kinda want it to go down a bit (sorry guys) so I can accumulate more.
Welcome to the crypto currency community dude, if the market trend is a kind of going down and you just noticed that I will tell you it is a normal situation in crypto currency market. The market value of Bitcoin and other altcoins usually fluctuate in relation to the forces of demand and supply and some other fundamental issue that do affect the their market value. I will advise you to just be patient with the market.
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January 29, 2020, 05:17:27 PM
 #108

The market value of Bitcoin and other altcoins usually fluctuate in relation to the forces of demand and supply and some other fundamental issue that do affect the their market value. I will advise you to just be patient with the market.
The problem to identify the market condition in the long term is because the market moves only on the supply and demand at a particular time and it is hard to identify when that will happen and it does not have any fundamental reason either, with halving in sight everyone expect the market to go higher because of the less amount of coins available as reward and thereby the circulation reduces other than that there is no fundamental ticker to identify the price movement.
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January 30, 2020, 01:25:19 AM
 #109

~
To be honest, I'm expecting a pullback again after reaching the 9000 mark and that price is considered the psychological resistance already.
(.....)

Last week, when we touched the first time of this year the $9,000, it immediately dumped around 10% within span of hours. And for me, that was pullback only and look at now, we are again on the above $9,000.
Pullbacks are really expected after a rally, but for me, pullback now is not more than the previous one (10%). I'm looking for a pullback around $9,000 level only, and this $9,000 level will create strong support for the Bitcoin in the coming few weeks. Looking forward for more volume especially for weekly closing candles.

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January 30, 2020, 01:49:41 AM
 #110

Currently alighted on $9300. I don't know if this would be stable, there's still a chance for it to push further if there's enough of these bulls propping up the price. If it don't hit 10k soon it might drop again though as people just cash out thinking the bull run is over.

Most people that will cash out very soon are those that don't have strong faith on bitcoin. If you are an old timer and you are experiencing this price increase after couple of years and you have no immediate need to cash out, more than likely you will hold your bitcoin as long as you can. I believe we will be experiencing price increase in the next coming months because of the increase in adoption.
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January 30, 2020, 03:01:51 AM
 #111

Usually meme like that surfaces when we hit or break psychological price barriers, like $9k.

Most of the time it's hilarious seeing people getting excited, but the thing to remember is that we should look if the price are going to be sustainable so that meme can hold, Lol. What if the price suddenly goes back to $8200-$8500?  Smiley

But yes, we're glad that it's back to $9k but let's see how it will pan out in the next 24 hours or at least if it will hold this week.
That is by far the most important thing, the volatility of bitcoin has been going up during the last days but now it seems we have hit the top of the current growth and if this is the case then the price will go down, and if the price cannot remain above 9000 then most likely we are going to see a little bit of FUD going on and if people buy that FUD we may go back to 8000 even if that does not seem to be very likely at the moment.
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January 30, 2020, 05:26:15 AM
 #112


Most people that will cash out very soon are those that don't have strong faith on bitcoin.

Or those who earned from trading. As if traders who knows what they are dealing with will just wait for profits until bitcoin rises. There are what you called short and long in trading. Some of them knows when is the short time or selling their btc for profits. Correction are always there and good to watch thr charts than keep waiting for it to go up. Waves can changes overtime so better to cash out when its time for some pull back. It's not about having faith on bitcoin but gaining while its approaching on bullish situation.



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Rainbot
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January 30, 2020, 05:40:51 AM
 #113


Most people that will cash out very soon are those that don't have strong faith on bitcoin.

Or those who earned from trading. As if traders who knows what they are dealing with will just wait for profits until bitcoin rises. There are what you called short and long in trading. Some of them knows when is the short time or selling their btc for profits. Correction are always there and good to watch thr charts than keep waiting for it to go up. Waves can changes overtime so better to cash out when its time for some pull back. It's not about having faith on bitcoin but gaining while its approaching on bullish situation.
and that is literally a Short term investments when you are just waiting for a small growth to sell your holdings.
because Long term holders doesn't necessarily care about the price now because what they looking forward is the true Bullish market and not this kind of ups and downs.

even Daytrading can't gain from this unless they will use altcoin like Fork Bitcoins since they are growing high and low overnight.

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January 30, 2020, 06:13:55 AM
 #114


Most people that will cash out very soon are those that don't have strong faith on bitcoin.

Or those who earned from trading. As if traders who knows what they are dealing with will just wait for profits until bitcoin rises. There are what you called short and long in trading. Some of them knows when is the short time or selling their btc for profits. Correction are always there and good to watch thr charts than keep waiting for it to go up. Waves can changes overtime so better to cash out when its time for some pull back. It's not about having faith on bitcoin but gaining while its approaching on bullish situation.
And most of the time this so called shorters are the one who benefits from the volatility of the market. There are different people around and
we don't have any clue to what particular trading styles they've got. Your decision making will bring you the right path, either to wait for high
value or work with scalps and keep chasing benefits from time to time.
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January 30, 2020, 06:52:19 AM
 #115


Last week, when we touched the first time of this year the $9,000, it immediately dumped around 10% within span of hours. And for me, that was pullback only and look at now, we are again on the above $9,000.
Pullbacks are really expected after a rally, but for me, pullback now is not more than the previous one (10%). I'm looking for a pullback around $9,000 level only, and this $9,000 level will create strong support for the Bitcoin in the coming few weeks. Looking forward for more volume especially for weekly closing candles.


I guess strong support at $9,000 level in now established, now we're looking forward to break the $10,000 level in coming days or weeks. No more major price pull back might happen in coming days as everyone is now very bullish after Bitcoin showed a positive run yesterday that might look like a first phase of the bull run. Just like what your presentation suggested, showing signs of good upward trend.

R


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January 30, 2020, 07:24:31 AM
 #116

Here we go again to the moo... ohh nah just to 10k+. step by step, moon is not healthy at all.
We have to take it slow and enjoy every moment and I agree that the moon is not healthy since the price can't stay on that level for a long period of time and for sure people will trap on that level. If bitcoin was able to hit $10k this quarter then the next goal for the second quarter is $15000. More to go for all the hodlers, let's not celebrate this too early.
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January 30, 2020, 08:09:13 AM
 #117

Here we go again to the moo... ohh nah just to 10k+. step by step, moon is not healthy at all.

For once, someone who wants this to happen. I don't like moon at all, because I've seen it, and I made some money from it sure, but the only ones who make money in moon are the big bag holders, not the small ones. I prefer to keep holding and adding. and then when the price slowly rises, it is sustainable.

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January 30, 2020, 11:12:14 AM
 #118

I think $10,000 is the dream for a longer period of time, so i think a lot of people will sell at that point. I believe it will stay around $9,300-$9,500 for awhile. It took 3 days for the price to go from $8,300 to $9,300 and it will take at least one week to go around $10,000. When it finally hits it many people will start selling, so probably it will go down a little, $10,000 is a mental barrier for many people. Thereby, I personally think, it's going to hover around $9,300-$9,500 for next weeks or even months. Then, in May it will see gains again. But, I don't think it has a chance of breaking ATH this year.
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January 30, 2020, 11:47:41 AM
 #119

I think $10,000 is the dream for a longer period of time, so i think a lot of people will sell at that point. I believe it will stay around $9,300-$9,500 for awhile. It took 3 days for the price to go from $8,300 to $9,300 and it will take at least one week to go around $10,000. When it finally hits it many people will start selling, so probably it will go down a little, $10,000 is a mental barrier for many people. Thereby, I personally think, it's going to hover around $9,300-$9,500 for next weeks or even months. Then, in May it will see gains again. But, I don't think it has a chance of breaking ATH this year.


It will be a pullback at 10.000-10.500 for sure, but what I wonder is how big will it be.

I will receive a payment in the next days and I want to invest it in btc, but can't decide between buying at 9350 or waiting for the 10k pullback.

Ironically the payment is already a week late and I wound't doubt entering at 8-8.5k. I new that if there was going to be a delay, that days would go up. I have such a bad luck.
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January 30, 2020, 03:36:22 PM
 #120

$9000 was actually a target which was reached and hence we might look forward for another target. What I think is bitcoins might move on between $8800 to $9000 for some time before it could climb upon to the next target. Bitcoins are showing us a great growth rate and if this continues for a while than we might even see bitcoins crossing $10000.

The time indeed is not far. 2020 year is bringing us new moments of joy and prosperity which would even prove beneficial for the price of bitcoins. $9200 target is actually a reachable one and bitcoins might surely try to touch them by the end of this week. Resistance levels are been uplifted which means the chances of bitcoins have a dump again are pretty less.
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