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.

[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.

[$crypto$]

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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]

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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.