BTC is back with a bang.

[mahilchii]

After a massive performance this year BTC crossed 10k mark and went down to 9.5k, right now it's 10297$ guys it seems like BTC is going to bang again.

Guys Just hold your BTC and wait till is year end I personally feel like it will skyrocket again as most of the analyst predict this year will be a brightest year for Bitcoin, hopefully happy days will be back again.

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[wxa7115]

After a massive performance this year BTC crossed 10k mark and went down to 9.5k, right now it's 10297$ guys it seems like BTC is going to bang again.

Guys Just hold your BTC and wait till is year end I personally feel like it will skyrocket again as most of the analyst predict this year will be a brightest year for Bitcoin, hopefully happy days will be back again.

Bitcoin bounced once again from a very important support and it is back above 10k, this is a good sign but now there is a final resistance it should beat, if the price goes above 10500 then most likely this means we could see parabolic growth once again and if that happened then the sky will be the limit, but I really think the bears are not going to allow such easy growth and are preparing everything they have to try to defend that level.

So I expect a little bit of sideways movement for the rest of the week with some attempts of the bulls to break that key level.

[KonstantinosM]

everyone will think in bright side for 20K 25K 30K 100K who know this year how much price going.

but i know one think  price will not turn back to 3k like last year.

There's no reason the price wouldn't just go back to 3k. Don't just jump into the hypetrain.


We don't have enough adoption and usability yet. We may see crashes and starts for another decade and go nowhere until things really blow up. So don't just assume that bitcoin is a magic money making machine for you, nothing is.

[philipma1957]

everyone will think in bright side for 20K 25K 30K 100K who know this year how much price going.

but i know one think  price will not turn back to 3k like last year.

There's no reason the price wouldn't just go back to 3k. Don't just jump into the hypetrain.


We don't have enough adoption and usability yet. We may see crashes and starts for another decade and go nowhere until things really blow up. So don't just assume that bitcoin is a magic money making machine for you, nothing is.

Bitmain
Innosilicon
Canaan

are three reasons for price support above 10,000 usd

also Tsmc chip foundry along with  samsung chip foundry.

Finally Microbit a fourth asic builder.

These companies all want price of coins above 10,000.
Need I mention the 300 megawatt farm recently built in Canada.

Now does this mean you are wrong and price will never drop to 3000 usd?

No it means $3000 price this year is very unlikely as compared to 13,000 price this year.

[LUCKMCFLY]

~snip~

We must try to understand the market, it is difficult to give a prediction now, but we can start that we are approaching the Bitcoin halving, also world events such as the coronavirus is taken into account as a fundamental, it is for this reason that bitcoin can be taken as a refuge of value similar to gold.

The price can vary, studying it from several points of view we must wait, there may be a correction and it continues to grow, but the market is volatile and unpredictable.

[btc_angela]

After a massive performance this year BTC crossed 10k mark and went down to 9.5k, right now it's 10297$ guys it seems like BTC is going to bang again.

Dit it really went down to $9500? Last time I checked it did go to as low as $9800, but never seen it dip to $9500.

Guys Just hold your BTC and wait till is year end I personally feel like it will skyrocket again as most of the analyst predict this year will be a brightest year for Bitcoin, hopefully happy days will be back again.

Of course, wise investors have accumulated so much in 2018-2019 and I doubt that they will immediately push the sell button just because we hit 5 digits again. We are all waiting for another all time high.

[batang_bitcoin]

So it rose back to nearly $10,300. I have been holding and don't know how long I will and when I'll sell but as long as the market's performing well, I will hold not just for this year but for the next more years. With those analysts, yeah they are scattered again and telling the same predictions again. They want people to believe them again because it's a good opportunity for them to make their names known by giving predictions that will come with the market.

[rdluffy]

I'm happy to see BTC worthing more than 10k USD again, and I'm optmistic about this year, obviously (everyone is expecting great value due to the halving)
But I have to admit I'm tempted to sell some portion believing in a huge fall soon or later, I think this is more probably to happen than a rise without any dump

[Kemarit]

After a massive performance this year BTC crossed 10k mark and went down to 9.5k, right now it's 10297$ guys it seems like BTC is going to bang again.

Guys Just hold your BTC and wait till is year end I personally feel like it will skyrocket again as most of the analyst predict this year will be a brightest year for Bitcoin, hopefully happy days will be back again.

Well we're glad to see Bitcoin going back to five digits once again. I have a bit of talk to one of my friends who panics when he see the price going as low as $9800 and thought that we are in a bearish trend or at least the price will continue to go down and will be having a hard time going back to $10,000.

And Bitcoin proves lot of doubters again, it's so resilient and the price movement is very unpredictable. Regarding holding our stash, definitely, we're all gonna do it because we still have the most important event in May and chances are we're going to see the price move up even higher.

[The Sceptical Chymist]

BTC crossed 10k mark and went down to 9.5k, right now it's 10297$

Yeah, it's bouncing all over the place and I'm actually surprised that bitcoin rebounded so quickly after dropping back below $10k the first time.  I'm definitely not into TA, but that tells me that there's some solid bullish sentiment in the market right now and my guess is that we're probably headed higher in the short term. 

How high?  I've no idea and won't even venture a guess.  Nor would I be particularly surprised if bitcoin drops below $10k again, because volatility is usually a part of movements like the ones we're seeing. 

Dit it really went down to $9500?

Close to it at least.  I guess it depends on how you're checking bitcoin's price.  I generally look at preev, but some people might look at what it's trading at on specific exchanges. 

[DeathAngel]

Hopefully we can consolidate here for a while before we aim to start moving up again close to the halving. Slow & steady is preferable because it limits the chances for a big crash which is usually what happens when pumps are unsustainable.

We all know bitcoin doesn’t behave rationally though so expect the unexpected.

[dragonvslinux]

Never went anywhere.

[fortunecrypto]

After a massive performance this year BTC crossed 10k mark and went down to 9.5k, right now it's 10297$ guys it seems like BTC is going to bang again.

Guys Just hold your BTC and wait till is year end I personally feel like it will skyrocket again as most of the analyst predict this year will be a brightest year for Bitcoin, hopefully happy days will be back again.

We expect that to happen nothing so extraordinary in the market so many prediction about Bitcoin's price when it is about to reach the halving right now and there's a big possibility that it will even reach $15 k level before the actual halving so it's an exciting news indeed for the community, I hope nobody connect it to the Corona Virus issues

[palle11]

We all know bitcoin doesn’t behave rationally though so expect the unexpected.

The unexpected is what I look forward to with the crossing of $10,000 with 24hours after staying down at $9700 is a big plus gaining close to $500 is wonderful. We might be in for a good surprise in the future even before halving.

[alani123]

After a massive performance this year BTC crossed 10k mark and went down to 9.5k, right now it's 10297$ guys it seems like BTC is going to bang again.

Guys Just hold your BTC and wait till is year end I personally feel like it will skyrocket again as most of the analyst predict this year will be a brightest year for Bitcoin, hopefully happy days will be back again.

Hold your horses. To me, bug walls and overall support seems pretty thin. This run could die out pretty easily with some more resistance. At least selling pressure doesn't seem to push the price too much down.

[STT]

Forming a channel but I still think its worth a sell when it reaches prices towards the top end of there.   The rise today reflected both weekly average and drawing near to this rough channel idea:



I've drawn it roughly previously but I dont think it can be seen short term just yet, its more of a weekly formation so quite rough on the edges.   So between 10.5k and 11k we might see a top if its correct and in line, this relates to some resistance from summer low pricing.

Yellow line is 200 day average which is flat but no longer descending as it was, turn around potential I guess.

[jossiel]

We might be in for a good surprise in the future even before halving.

How much more if after the halving? these things that are happening now, I'm not expecting it but it's happening and I'm happy to see these jump-offs but I'm more optimistic about what will happen after the halving.

Within less 24 hours, we're near to $10,300 as per CMC but in some exchanges it's already $10,300.

[criza]

Bitcoin did literally made a comback with a bang this week! Couples days earlier, I became a bit worried about the sudden decrease in the price of Bitcoin but, I know that it would only be temporary because there is still one reason why Bitcoin value wouldn't dump too much; it is the upcoming halving. I wish I had more money to invest in it before the halving, anyways its still far and I would stock the most Bitcoin that I could.

[$crypto$]

---
Guys Just hold your BTC and wait till is year end I personally feel like it will skyrocket again as most of the analyst predict this year will be a brightest year for Bitcoin, hopefully happy days will be back again.

Yeah if you are strong holding bitcoin for a long time until the end of the year then you will get a big profit because indeed this is an exciting year to face halving and continue with a pretty good rise in bitcoin.
But we need to analyze the movements to keep going in the direction of the BTC going and we don't panic what happens after that is still strong to continue to hold the BTC.

[TitanGEL]

---
Guys Just hold your BTC and wait till is year end I personally feel like it will skyrocket again as most of the analyst predict this year will be a brightest year for Bitcoin, hopefully happy days will be back again.

Yeah if you are strong holding bitcoin for a long time until the end of the year then you will get a big profit because indeed this is an exciting year to face halving and continue with a pretty good rise in bitcoin.
But we need to analyze the movements to keep going in the direction of the BTC going and we don't panic what happens after that is still strong to continue to hold the BTC.

How are you sure that if we hold bitcoin we will earn profit until the end of the year? Maybe it is just a short term uptrend where it can snaps anytime. We shouls think short term and not long term. Right now there is a pullback that happen but the support of bitcoin is so strong where there is no breakdown that happen. We should not speculate too much and we should focus on price actions.

[hugeblack]

Learn to swim contrary to expectations, especially if it is positive because it is a trap that causes the rich to double their wealth before any collapse.
Everyone expects a lot of positivity after hevling, so it is first to put in reserve the possibility of a collapse in the price, so do not adopt a lot of hopes just because one indicator will change.

[TravelMug]

Learn to swim contrary to expectations, especially if it is positive because it is a trap that causes the rich to double their wealth before any collapse.

I agree that some of us here are really contrarian, I have posts that truly goes against what's the norm. But those contrarian, admit it or not, have their own intention from behind.

Everyone expects a lot of positivity after hevling, so it is first to put in reserve the possibility of a collapse in the price, so do not adopt a lot of hopes just because one indicator will change.

The expectations are based on the previous halving we have. And so far we have seen that it is a catalyst to push the market price higher in the next coming years. And I think this is what crypto enthusiast are clinging. That one day we might see another all time high.

[LogitechMouse]

After a massive performance this year BTC crossed 10k mark and went down to 9.5k, right now it's 10297$ guys it seems like BTC is going to bang again.

Guys Just hold your BTC and wait till is year end I personally feel like it will skyrocket again as most of the analyst predict this year will be a brightest year for Bitcoin, hopefully happy days will be back again.

I knew it already.

That correction that Bitcoin made yesterday was a healthy correction and it went as I predicted . The correction made yesterday was another chance for the investor to accumulate more Bitcoin. There is no chance at this moment that it will go back to 5-6k since the sentiments is saying that Bitcoin will rise as the halving approaches.

I'd hope that what you are saying will come true but as always, don't expect too much to Bitcoin because anything can happen in a short amount of time .

[fabiorem]

CFG Index is marking 61 at "greed". Up we go.

[buwaytress]

Learn to swim contrary to expectations, especially if it is positive because it is a trap that causes the rich to double their wealth before any collapse.
Everyone expects a lot of positivity after hevling, so it is first to put in reserve the possibility of a collapse in the price, so do not adopt a lot of hopes just because one indicator will change.

It sounds almost silly to say but I tend to agree. Bitcoin markets have a real tendency to swim against the current, and in aggressive fashion. I'll remember when the Bcash split was supposed to be the end of Bitcoin (and then we all know what happened next). At the height of fomo, everyone was calling ridiculous sums, and then we kept seeing double and triple bottoms and definite bullish signs, but for the next 2 years those same people putting the flags out for the party had to eat it all back up.

It's why I keep wishing the whole mass of headlines are massively bearish. The fact it's mainly positive now upsets me.

[Ridwan Fauzi]

A bit correction to $9500 will confirm as its another support, and I believe that $11000 is next intention in a few days ahead.

Many people there especially some expert who says that the increasing bitcoin price right now are very measured. Increasing more than 3% in one day and face a bit correction.

I guess that is pointed out bitcoin price will up again and I could say that this year will reach another all time high. Mass adoption has came slowly and other thing such as halving event is another factor that bitcoin has been reaching more than $10.000 for this year.

[Dr.Osh]

to be honest, I'm not really surprised to see this, because I believe that the price of bitcoin can be higher than it is today. I predict that the price will be above the $ 12k price before halving, and higher after that. I think it's still early, so I'm waiting for a bigger price.

[Google+]

to be honest, I'm not really surprised to see this, because I believe that the price of bitcoin can be higher than it is today. I predict that the price will be above the $ 12k price before halving, and higher after that. I think it's still early, so I'm waiting for a bigger price.

well, you might not be surprised to see the price of bitcoins that experience price increases like this, but for new traders who are still familiar with bitcoin and only buy bitcoin when their cheap prices enter the right position and can get a lot of profit so they are very happy now, it's better indeed save bitcoin until halving occurs so that the profit gained can be more.

[Slow death]

Forming a channel but I still think its worth a sell when it reaches prices towards the top end of there.   The rise today reflected both weekly average and drawing near to this rough channel idea:



I've drawn it roughly previously but I dont think it can be seen short term just yet, its more of a weekly formation so quite rough on the edges.   So between 10.5k and 11k we might see a top if its correct and in line, this relates to some resistance from summer low pricing.

Yellow line is 200 day average which is flat but no longer descending as it was, turn around potential I guess.

translating for people like me to understand: what does it mean what did you say?


Bitcoin Price Just Surged 4% in Minutes Really Because of Bitfinex Maintenance

Yes, they sought some argument to justify the huge price increase for bitcoin. Whenever the price increases someone looks for the reason for the price increase. Interestingly before that increase they were saying that the price would drop to $ 8800. Now that the price has risen a lot they are already happy and talking about the Bull run

[rodskee]

After a massive performance this year BTC crossed 10k mark and went down to 9.5k, right now it's 10297$ guys it seems like BTC is going to bang again.

actually it reached almost $10,400 mate and thats the highest we have so far(but of course looking for much higher if possible)

Guys Just hold your BTC and wait till is year end I personally feel like it will skyrocket again as most of the analyst predict this year will be a brightest year for Bitcoin, hopefully happy days will be back again.

i have been Holding my Bitcoin ,and still accumulating if having a chance because we are looking for skyrocket more than we have in 2017.

to be honest, I'm not really surprised to see this, because I believe that the price of bitcoin can be higher than it is today. I predict that the price will be above the $ 12k price before halving, and higher after that. I think it's still early, so I'm waiting for a bigger price.

nice prediction,is that what you Mirror Ball says?lol i have seen this same prediction around the forum as many speculation has the same.

[el kaka22]

Even the rich can't control the market too much when its making big movements.

Just to explain it better, when the price moves 100 dollars up or down, then whales can come in and make a huge changes, that means there isn't really too much change in the price and not much difference between buyers and sellers, however if the price goes from 7k price to over 10k price in one or two months (not even 2 months) then that kind of means that there is a huge buyers market right now and whales can't just go against that, they could sell as much as they can afford and still can't drop the price too much, they could potentially slow it down or even maybe stop it for a while but as long as people continue to buy they can't really make a huge difference. Hopefully, they still won't after all of this.

[milewilda]

to be honest, I'm not really surprised to see this, because I believe that the price of bitcoin can be higher than it is today. I predict that the price will be above the $ 12k price before halving, and higher after that. I think it's still early, so I'm waiting for a bigger price.

well, you might not be surprised to see the price of bitcoins that experience price increases like this, but for new traders who are still familiar with bitcoin and only buy bitcoin when their cheap prices enter the right position and can get a lot of profit so they are very happy now, it's better indeed save bitcoin until halving occurs so that the profit gained can be more.

Who would be the one wont really be happy as of this moment? We do always hope for this kind of event and for those who bought cheap for sure would really
gaining profits as of this moment and for those who are just still new then they would really get amazed on how btc price do perform on a short period of time.

$12k is a realistic goal before halving and its a better presumption rather than to those who do predict and saying hundred of thousands when it comes to price.
For now i can say that lucky for those who bought cheap on previous weeks or months on btc price.

[Barbut]

Bitcoin always comes back with a bang, didn't you learn that by now in all the years until now? I think even birds know that Bitcoin always bounces back, it will take time for Bitcoin to make new all times high, but that will happen eventually.

to be honest, I'm not really surprised to see this, because I believe that the price of bitcoin can be higher than it is today. I predict that the price will be above the $ 12k price before halving, and higher after that. I think it's still early, so I'm waiting for a bigger price.

well, you might not be surprised to see the price of bitcoins that experience price increases like this, but for new traders who are still familiar with bitcoin and only buy bitcoin when their cheap prices enter the right position and can get a lot of profit so they are very happy now, it's better indeed save bitcoin until halving occurs so that the profit gained can be more.

Me neither, this is a usual Bitcoin price movement. I believe in a much higher price of Bitcoin, this is just an intro in what Bitcoin can do!

[fudster]

IF it will take a year before the bears will start to wander around in the market, I hope to learn when the exact day they will try to dump what they have. I will certainly check the BTC/USDT everyday in the weekly and monthly chart to determine when they'd be back.  While this bullrun will give us good profit, I will keeo my guard to watch it.

How much will the ATH be before it submerge again?

[bitbunnny]

Just don't be too excited too early. It's nice to see price growth but to my opinion it's to early to make premature conclusions.
At this phase it's still to early to say if we will have a period of steady price rise or is this just a temporary rise. Don't forget that corrections might happen any time. I think for a while we will still have price fluctuations and price will go back and forth.

[adzino]

After a massive performance this year BTC crossed 10k mark and went down to 9.5k, right now it's 10297$ guys it seems like BTC is going to bang again.

Guys Just hold your BTC and wait till is year end I personally feel like it will skyrocket again as most of the analyst predict this year will be a brightest year for Bitcoin, hopefully happy days will be back again.

Just because you are feeling like it will skyrocket, does not mean that you will try to convince others to hold it. The market does not depends on how people "feel". Those prediction gurus did predict something based on numbers, charts and previous price, but this does not mean that the prediction will be accurate. Chances are that the prediction might even be totally wrong. We might see price fall back to $3,000. But then again, we might also see the price go above $20,000. What I am trying to really say over here is that invest at your own risk and try to understand about all the possible outcomes.

[jhonjhon]

So it rose back to nearly $10,300. I have been holding and don't know how long I will and when I'll sell but as long as the market's performing well, I will hold not just for this year but for the next more years. With those analysts, yeah they are scattered again and telling the same predictions again. They want people to believe them again because it's a good opportunity for them to make their names known by giving predictions that will come with the market.

Holding can be very tiresome at some point most especially if the price is not increasing for a long period of time but holding bitcoin can also be very rewarding during bull run. Personally, I’ve been holding my bitcoins for God knows how long and I didn’t regret holding because it rewarded me so much. Along the way, I also scalp some of my earning and spend it on other investments too. BTC is showing a good sign now and I hope it will continue.

[Reid]

After a massive performance this year BTC crossed 10k mark and went down to 9.5k, right now it's 10297$ guys it seems like BTC is going to bang again.

Guys Just hold your BTC and wait till is year end I personally feel like it will skyrocket again as most of the analyst predict this year will be a brightest year for Bitcoin, hopefully happy days will be back again.

Back to 5 digits again.
Yey! Just like watching a movie. Now, prepare your popcorn because the panic guys will be coming back.
Once the news arrive to them I am sure they are on their way to open their wallet and sell it.

Back to another fall!! Yey! More for me to buy at a cheaper price! 
This will just keep on going on. It is not a manipulation but more of who doesn't really trust the technology bitcoin could give.
Just profits.

[STT]

Learn to swim contrary to expectations,

Good thing to keep in mind, the fastest moves is the sell after a big rise.    Fast lots of points gained if you are a seller with the tide change.   Also its important not to stand in the way of a movement or keep trying to catch the tail can have you spinning in circles.    I think we retract slightly and its near to a channel top so due to do so.



Rough range going forward, blue line is 2 day and yellow rough weekly

[Latviand]

I more likely see it as market price stability at the point of $10,000 without expecting a bullrun as this early. I think we would see a bullish run in the midyear and not at the first quarter of this year, given that the market price is still palying pump and dump at this point.

So it rose back to nearly $10,300. I have been holding and don't know how long I will and when I'll sell but as long as the market's performing well, I will hold not just for this year but for the next more years. With those analysts, yeah they are scattered again and telling the same predictions again. They want people to believe them again because it's a good opportunity for them to make their names known by giving predictions that will come with the market.

Holding can be very tiresome at some point most especially if the price is not increasing for a long period of time but holding bitcoin can also be very rewarding during bull run. Personally, I’ve been holding my bitcoins for God knows how long and I didn’t regret holding because it rewarded me so much. Along the way, I also scalp some of my earning and spend it on other investments too. BTC is showing a good sign now and I hope it will continue.

Investing might be the hardest thing to do at the minute because an investor would more likely hesistate to invest because there is a possibility of an uprise and the price could be lower which is a better opportunity to invest, since profit would be bigger once true bullish run occur in the market. Ofcourse, many people would say waiting would be better but we just cannot disregard the opportunity at this point wherein the price could still kick before the halving.

[Baofeng]

Learn to swim contrary to expectations,

Good thing to keep in mind, the fastest moves is the sell after a big rise.    Fast lots of points gained if you are a seller with the tide change.   Also its important not to stand in the way of a movement or keep trying to catch the tail can have you spinning in circles.    I think we retract slightly and its near to a channel top so due to do so.

We're having a slow retraction, ~1%-~2% in the last 48 hours or so, but still we are above that 5 digit mark so I don't think that people have started to sell at this point. If we goes below 5 digit again in the next coming days then panic are going to set in. Good thing though that investors are betting that the price could still recover and we might see some bounce back so I'm not seeing a retracement below $10k.

[exstasie]

Learn to swim contrary to expectations, especially if it is positive because it is a trap that causes the rich to double their wealth before any collapse.
Everyone expects a lot of positivity after hevling, so it is first to put in reserve the possibility of a collapse in the price, so do not adopt a lot of hopes just because one indicator will change.

I love to be contrarian vs. popular sentiment, so I'm with you in spirit. The problem is that sentiment can go to extreme levels before reversing.

Look at the Fear & Greed Index. It's only at 63, near the lower bound of "Greed." Last June in the $13,000s it reached 95! That's a long ways away.

[El duderino_]

After a massive performance this year BTC crossed 10k mark and went down to 9.5k, right now it's 10297$ guys it seems like BTC is going to bang again.

Guys Just hold your BTC and wait till is year end I personally feel like it will skyrocket again as most of the analyst predict this year will be a brightest year for Bitcoin, hopefully happy days will be back again.

You can hope for this very positive outcome, just don't be to certain about it and just ride along however it goes....

If you're a BTC believer, longer term in the market or maybe newer, it doesn't matter the price is very nice to get into BTC and if it keeps going then you will be alright and if it DIPs then you have the chance to DCA your investment, actually as a believer just keep on steady buying and don't get to distracted by the price.

Its fun to see some TA's and predictions, but always try to understand for yourself why you own and HODL BTC, if the main factor is get rich fast then you'll be having a difficult if not impossible journey.

[el kaka22]

It is good that we are not actually "back with a bang" because we haven't been really gone too far ahead just yet. I understand many people here are from the 2017 times and not further back, which is why they think that price changes like this is rare, however bitcoin has made these type of changes (in percentage) constantly for the past 10 years and it will probably continue to do that forever because it is a decentralized and unregulated market.

This is why we were even higher than 10k price we are in just few months ago, I realize it is almost 1 year since we were around here but we literally reached 10k in the past 6 months so lets not say that we are "back with a bang", we had a drop in price but we have recovered, that is all there is to it right now, nothing more.