BTC rally has paused

[freedomgo]

After some great performance over past week BTCs rally has stopped which means it is struggling to go over $7.8, while most of the analyst revealed the price will reach till 10k if the rally continues like.

The resistance looks like the value may go till 8k or it will drop under 7k, however we have to hold our assets and wait for few more days.
https://www.coindesk.com/bitcoin-rally-pauses-near-7-8k-after-longest-winning-run-in-8-months

days after your post Bitcoin rallied almost 10k$ mate but suddenly stopped at 9,5004 again but at least more higher than days before.

i guess we will see another hype before the second week of May because thats the expected day of Halving and the expectorant are looking at this days forward.

Bitcoin staying at $9k, isn't it something we like to see, why are we always in a hurry, if bitcoin will dump and we will then panic, no... please just relax, let us enjoy the journey of bitcoin and the fact that it recovers, this tells us that anytime it could start a bull run.

[Oasisman]

Bitcoin staying at $9k, isn't it something we like to see, why are we always in a hurry, if bitcoin will dump and we will then panic, no... please just relax, let us enjoy the journey of bitcoin and the fact that it recovers, this tells us that anytime it could start a bull run.

Speculating every single movements of Bitcoin doesn't really matter when we're talking about holding and trading long term after all we will going to hit that specific target, only that nobody knows when.
I guess the very purpose of speculating is to hasten the possibility of hitting that specific target sooner. So, I guess you're right, some people are always in a hurry.
Wherever the Bitcoin price goes, there's always a corresponding speculations about it.

[freedomgo]

Bitcoin staying at $9k, isn't it something we like to see, why are we always in a hurry, if bitcoin will dump and we will then panic, no... please just relax, let us enjoy the journey of bitcoin and the fact that it recovers, this tells us that anytime it could start a bull run.

Speculating every single movements of Bitcoin doesn't really matter when we're talking about holding and trading long term after all we will going to hit that specific target, only that nobody knows when.
I guess the very purpose of speculating is to hasten the possibility of hitting that specific target sooner. So, I guess you're right, some people are always in a hurry.
Wherever the Bitcoin price goes, there's always a corresponding speculations about it.

Even if they are holding for long term, they are still in a hurry, some holders might panic, when the price is rising they tend to forget how to sell but when the price is dumping, that's the time they will think of selling, that's because they panic, reason they will fail.

[Taskford]

Bitcoin staying at $9k, isn't it something we like to see, why are we always in a hurry, if bitcoin will dump and we will then panic, no... please just relax, let us enjoy the journey of bitcoin and the fact that it recovers, this tells us that anytime it could start a bull run.

Speculating every single movements of Bitcoin doesn't really matter when we're talking about holding and trading long term after all we will going to hit that specific target, only that nobody knows when.
I guess the very purpose of speculating is to hasten the possibility of hitting that specific target sooner. So, I guess you're right, some people are always in a hurry.
Wherever the Bitcoin price goes, there's always a corresponding speculations about it.

Even if they are holding for long term, they are still in a hurry, some holders might panic, when the price is rising they tend to forget how to sell but when the price is dumping, that's the time they will think of selling, that's because they panic, reason they will fail.

Because people are expecting to much when suddenly the price rise that's why their hands got tied when they see a good movement coming, and it's normal scenario since we actually experience this things even if we are experience traders.

But what good thing about the happening is we are learning something good with the experiences about this.

[maydna]

~snip~

Not the best time to sell bitcoin pre or post halving until it reaches five digits in my opinion, we are entering bullish cycle, we should hodl in my opinion.

Just imagine you selling after the halving in 2016 and then eventually at the end of 2017 it reaches all-time-high? Someone will regret their decision if they sell even at $10k when we reach before and after halving.

I cannot agree with that because if someone really needs money, and he doesn't have any money, he can sell it with the price now. And now, we see bitcoin price can increase higher, and back to $9200 level so if he bought bitcoin at below than $9k, he will make a good profit. But that only happens if that person cannot manage his money and go all-in of his money.

What you say is true because I think some people don't sell their bitcoin at the end of 2017 when the price reaches all-time-high. After all, they want another high price. They can regret that moment, and now, they are seriously waiting for another moment of bitcoin price to reach a new all-time high. They don't want to miss the chances to sell bitcoin at a new ATH.

[rodskee]

After some great performance over past week BTCs rally has stopped which means it is struggling to go over $7.8, while most of the analyst revealed the price will reach till 10k if the rally continues like.

The resistance looks like the value may go till 8k or it will drop under 7k, however we have to hold our assets and wait for few more days.
https://www.coindesk.com/bitcoin-rally-pauses-near-7-8k-after-longest-winning-run-in-8-months

Today we are again in above $9,000 actually 9,200 to be specific going good to reach that
 10,000 target at least before the Halving happens next week(if will come
earlier because expecting to be on may 11 2020.but anyway i am not into 100% expecting
because i known that Pandemic is here to hinder the bull and make the
market suffer for another month or year.

[jhonjhon]

After some great performance over past week BTCs rally has stopped which means it is struggling to go over $7.8, while most of the analyst revealed the price will reach till 10k if the rally continues like.

The resistance looks like the value may go till 8k or it will drop under 7k, however we have to hold our assets and wait for few more days.
https://www.coindesk.com/bitcoin-rally-pauses-near-7-8k-after-longest-winning-run-in-8-months

Today we are again in above $9,000 actually 9,200 to be specific going good to reach that
 10,000 target at least before the Halving happens next week(if will come
earlier because expecting to be on may 11 2020.but anyway i am not into 100% expecting
because i known that Pandemic is here to hinder the bull and make the
market suffer for another month or year.

$10k is ain't possible as the market tried to push itself. I know Bullrun is quite far from happening this time but it was so glad to see that the market maintains its market flow above $8k. The market keeps swinging and that really we can't tell what next. It's full of the thrill and that is the point why I not longing into that volatility and easily get affected.

[penetrak]

As you can see now, in the last two days bitcoin is going up, as always before splitting. Although the price stopped slightly a few days ago, in my opinion it will still go up above 11k. The rally will continue.

[onrise]

As you can see now, in the last two days bitcoin is going up, as always before splitting. Although the price stopped slightly a few days ago, in my opinion it will still go up above 11k. The rally will continue.

From last 2 days we have seen it rising really well and now reached 10k levels and momentum may continue and it is better if it rises slowly and steadily rather than a sudden rise and then a sudden fall which could be like a crash and more people will get into panic mode and starts to sell leading to more fall happening to it.

[Spaffin]

As you can see now, in the last two days bitcoin is going up, as always before splitting. Although the price stopped slightly a few days ago, in my opinion it will still go up above 11k. The rally will continue.

From last 2 days we have seen it rising really well and now reached 10k levels and momentum may continue and it is better if it rises slowly and steadily rather than a sudden rise and then a sudden fall which could be like a crash and more people will get into panic mode and starts to sell leading to more fall happening to it.

A 16% increase in the price of Bitcoin over the past week is quite a good indicator and we have almost touched $ 10,000 and I am sure that this trend will continue And Bitcoin will exceed $ 10,000 Perhaps even during these days.

[okala]

After some great performance over past week BTCs rally has stopped which means it is struggling to go over $7.8, while most of the analyst revealed the price will reach till 10k if the rally continues like.

The resistance looks like the value may go till 8k or it will drop under 7k, however we have to hold our assets and wait for few more days.
https://www.coindesk.com/bitcoin-rally-pauses-near-7-8k-after-longest-winning-run-in-8-months

Market always behave this way. We should not expect consistent up and likewise consistent down. Traders always takes profit time to time and that always creates stagnant on market directions.

[carlisle1]

After some great performance over past week BTCs rally has stopped which means it is struggling to go over $7.8, while most of the analyst revealed the price will reach till 10k if the rally continues like.

Well nothing is permanent in this market specially prices so yeah btc rally stops for a while but after a week starts again hen stops so what i mean here?that volatility is there and proves how healthy this market is right?with the fluctuations and growth we can determine that we are in legit market and investments.

The resistance looks like the value may go till 8k or it will drop under 7k, however we have to hold our assets and wait for few more days.
https://www.coindesk.com/bitcoin-rally-pauses-near-7-8k-after-longest-winning-run-in-8-months

Maybe you are wrong?because it stays at 9k and slightly drops at 8k but just for a while and now rallying to 5 digits again in which all of us wanted to remain as the season of growth is coming days from now.

[tokeweed]

This thread's title:  0

BTC rally:  1

But seriously...  Wtf is going on?  Is this finally it..?

I don't know what you mean by "it", but I mean I think this was fairly expected. It was pushing at resistance in the 7000s the past few days and it was either going to get rejected and head back to 7000 or break through it and do what Bitcoin normally does when it breaks though a resistance zone, shoot up, to well over 8000. It did that.

Now the question is where does it go from here? Keep pumping over 9k or even over 10k? Or correct back down to hit that previous resistance zone in the high 7000s. My guess would be, even if it pushes significantly higher today or in the next couple of days, it'll at least touch back under 8000. But overall outlook is bullish, I think May will see 9000s and 10,000s.

Lol.  It's 'expected' til it's not.  That's why I was asking if this is finally it..  Which looks like it is.  I hope.  

Now the question is:  How high?