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Author Topic: Bitcoin popped $10 000  (Read 951 times)
LogitechMouse
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May 08, 2020, 09:22:04 AM
 #41

In coinmarketcap, the highest that it reached is $9,996.74 USD.

One thing more is that yes in some exchanges it reached 10,000 but it didn't last for long because it acted as a psychological support for some investors and probably they sold some of their holdings. Either way, I'm happy that it reached that price and as the halving comes near I'm pretty sure that 5 digit price is reachable but a dump after the halving is imminent so just be ready if you are a short time trader of Bitcoin.

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May 08, 2020, 09:31:36 AM
 #42

Halving effect make bitcoin popped to $10,000 and will be two days later for halving can break bitcoin out $15,000 or keep lower price. Last higher price of bitcoin in 2017 and touch above $15,000 but will happen again for bitcoin break on higher price in this halving time?

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May 08, 2020, 09:35:01 AM
 #43

I think Bitcoin is starting to grow well, and many are waiting for a sharp price volatility to buy again!!But I do not know if the forecast is correct Grin
Most crypto investors are very much waiting for the effect of halving,And it remains an important event in influencing the price of bitcoin Kiss
It already starts to grow well a long time ago if you see the charts and it's value growth ever since it was traded on exchanges and listed in CMC. Bitcoin is always volatile because and it will never be stable just like what you think. It's correct that halving has and effect when it comes to the movement of value on Bitcoin and it is proven on charts.
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May 08, 2020, 09:42:23 AM
 #44

Halvinv this must be expected from most of bitcoin traders, I really hope that this up trend will continue up until halving is done.

How many days left for halving ?

i got 44 bitcoins in my account, i invested them when bitcoin was 3000$

i`m waiting for 12k$ price

my target to make 1M$ , but i think its not possible so i will cashout my all bitcoins when it will hit 12k$
Halving should happen in about 3 days from now.
As per coinmarketcap counter says ( https://coinmarketcap.com/halving/bitcoin/)

You got a chunky profit already waiting to be cashed out congrats on your succesful investment.

Thank you soo much and am very happy that i make this money.

ok will wait for halving, i hope they will hit 15k$ Cheesy

which website is good for convert my BTC to USD instantly? i want to stop my funds in USD when it will reach to 12k$
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May 08, 2020, 10:30:13 AM
 #45

Thank you soo much and am very happy that i make this money.

ok will wait for halving, i hope they will hit 15k$ Cheesy

which website is good for convert my BTC to USD instantly? i want to stop my funds in USD when it will reach to 12k$

It will hit $15k, no need to worry. But you need to have patience because we don't know when the price can be at $15k. While the price does not yet reach $11k, we can buy more bitcoin at this time, especially this day, bitcoin price is back to the lower price. But there is no guarantee for bitcoin price to stay at a price now or it will go down for more. We need to analyze by ourselves, so we know when to buy more bitcoin, and we can buy bitcoin at a low price.

Although the trend now is going up, the price itself does not move fast this day, so it could be another correction that will happen later. That is why we need to always check at the market to know what is happen with the market before we buy.
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May 08, 2020, 11:10:48 AM
 #46

       Bitcoin shows once again that it is a miracle on the crypto market and has given another slap to those people who do not trust Bitcoin. Bitcoin was expected to decline with the onset of the COVID19 pandemic19. The whales sold then, took advantage of the pandemic situation and knew they would invest again, just before halving. However, I regret that I did not invest in BTC when the price was somewhere around 4k dollars because I would have made a very good profit now. I hope to have the opportunity in the future to take advantage of certain situations.
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May 08, 2020, 11:45:16 AM
 #47

Expecting that the bull run will be earlier than we're expecting by next year. We are comparing the season of 2016-2017 to 2020-2021 which both years halving happened.
If bitcoin will start hitting $15,000 there will be serious pull backs like what we've seen last year when it's able to reach $13,000. But if it will break $15,000 then it's a serious case by that time and we're all talking about moon, lambos and bulls.

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May 08, 2020, 11:57:06 AM
 #48

It's good to see Bitcoin going up and touching 10k$ barrier. May it cross its ATH of 19k$. I suggest to be a bit wiser this time and don't go for panic buying at this price. I know FOMO is driving most of us to buy due to halving speculations. But let the price settle somewhere, otherwise we may be struck at a high price.

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May 08, 2020, 12:12:07 PM
 #49

The $10k run was rejected, we barely touch it and then went back to $9800-$9900 levels, which means that we are not ready for this price. But I will be very cautious once we hit that number again. We shouldn't talk about reaching X price for now. Remember that 2012 and 2016 halving was followed by an average of 10%-40% decline. So don't get too excited by the five digits, it might followed by a decline, just saying.

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May 08, 2020, 12:16:04 PM
 #50

I was asleep when the bitcoin reaches 10k dollars peak.

Expecting that the bull run will be earlier than we're expecting by next year. We are comparing the season of 2016-2017 to 2020-2021 which both years halving happened.
If bitcoin will start hitting $15,000 there will be serious pull backs like what we've seen last year when it's able to reach $13,000. But if it will break $15,000 then it's a serious case by that time and we're all talking about moon, lambos and bulls.
Yeah agree, we must always check the market if the bitcoin will go through $15,000 if not then maybe better hold before it reaches down to $10,000 peak again.

It's good to see Bitcoin going up and touching 10k$ barrier. May it cross its ATH of 19k$. I suggest to be a bit wiser this time and don't go for panic buying at this price. I know FOMO is driving most of us to buy due to halving speculations. But let the price settle somewhere, otherwise we may be struck at a high price.
Yeah, it'll give a massive loss if you panic buy at $9k peak, the bitcoin doesn't give any sign that it will surpass the ATH.
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May 08, 2020, 12:49:32 PM
 #51

Expecting that the bull run will be earlier than we're expecting by next year. We are comparing the season of 2016-2017 to 2020-2021 which both years halving happened.
If bitcoin will start hitting $15,000 there will be serious pull backs like what we've seen last year when it's able to reach $13,000. But if it will break $15,000 then it's a serious case by that time and we're all talking about moon, lambos and bulls.
Yeah agree, we must always check the market if the bitcoin will go through $15,000 if not then maybe better hold before it reaches down to $10,000 peak again.
Just be ready all the time because it can come quickly and also might be followed by a rapid correction.

It's good to see Bitcoin going up and touching 10k$ barrier. May it cross its ATH of 19k$. I suggest to be a bit wiser this time and don't go for panic buying at this price. I know FOMO is driving most of us to buy due to halving speculations. But let the price settle somewhere, otherwise we may be struck at a high price.
It will be there and only time will tell. Things happened quickly, I remember that a few days ago we're just on $7k then it's followed by $8k then here we go. FOMO for the sake of halving.

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May 08, 2020, 01:05:08 PM
 #52

Bitcoin is officialy back to $10 000 again. Right before the halving it seems. Last time Bitcoin was over $10k was back in February this year as recorded by Coinmarketcap.



But $10k BTC was short lived.

The Coronavirus pandemic sure played it's part in bringing the price back down.


Bitcoin seems to be very resilient and it did not took much time for it to bounce back to $10k.
3 months later, it's back where it was.




Also, check this crazy Sell order on Binance at $10 000 mark of 883 BTC, which translates to nearly $9M. While it did hit $10 000, it did not break it, yet.




Next up is halving which everybody is excited about.
What are your expectations?


Everyone is saying that the Price is going to increase after bitcoins halving and also they are betting on more than double or triple the current price but that is highly not going to happen. You can check previous historic price movements after block reward halving. The Price increments weren't sudden after block reward halving. They were gradual process taking time and even the Price fell shortly after the reward halving.

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taufik123
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May 08, 2020, 04:28:16 PM
 #53

-snip- But what more interesting is how it is going to hold after the halving. Can it sustained it run a few days after or will there be a massive dump because everyone wanted to take profit at a side? The price increase doesn't seems to be organic, yes there is FOMO and sell the block halving news. So the anticipated part is how it will do post-halving.
The dump will definitely happen and it has been set by Whales as the owner of a bigger capital.

Whales has an important role in manipulating the market. After Halving is finished, you must remain vigilant and don't buy at high prices. Selling and taking profits before Halving has a good decision. FOMO is now successfully making Bitcoin back towards the price of $ 10,000 but side effects will definitely occur. Just waiting for the time, where will Bitcoin go.
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May 08, 2020, 05:13:30 PM
 #54

All of us who are involved in cryptocurrency expect and believe that very soon the price of Bitcoin will be more than 10 thousand dollars. In the long run, it could be as close to 20,000 as in 2018. However, most investors are reluctant to sell in the hope of making a profit as soon as the price rises a little, in the name of price collapse. I think we should all take note of this.

Qcrypto (OP)
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May 09, 2020, 05:25:47 AM
 #55

Bitcoin seems to be rejecting $10k at this time.
Everytime it breaks $10k, pulls straight back below.


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May 09, 2020, 07:24:47 AM
 #56

Hold on tight for a while because bitcoin is going down for a while. It's your chance to prepare your money to buy bitcoin but don't be rush because we don't know how deep bitcoin price will go down. Analyze first before you buy, be patient will help you to get the time to enter the market. But we hope that it is just only another little correction before the halving.

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May 09, 2020, 08:01:17 AM
 #57

For the last few days it seemed that Bitcoin is heading towards 10000$ rather fast. However, now it pulled back a bit.
I wouldn't make drama out of it, it's kind of expected and it the upcoming period price will probably continue to fluctuate. 10000$ resistance barier obviously isn't so easy to break. Still, it's possible but it takes time.

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May 09, 2020, 09:14:52 AM
 #58

For the last few days it seemed that Bitcoin is heading towards 10000$ rather fast. However, now it pulled back a bit.
I wouldn't make drama out of it, it's kind of expected and it the upcoming period price will probably continue to fluctuate. 10000$ resistance barier obviously isn't so easy to break. Still, it's possible but it takes time.
If bitcoin is pulled back hard, it will drop back to $9k but if it is boosted and breaks $10k, I believe it will head towards $13k range before dumping again. I don't feel shocked if bitcoin will be boosted to $13k range in next one or two weeks. A reminder for traders, it is not a time for margin tradings with high leverages. Don't be too greedy and lose all your profits that you have earned temporarily on table with the ride of bitcoin. Taking care and save your profits should be a first priority at the moment.

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May 09, 2020, 09:23:14 AM
 #59

A little pull back at the moment, with just a few days to the bitcoin halving, we should see some bullish momentum. Since not much rally before the halving, I am pretty optimistic we will see much more after the halving,the amount of dumping by miners will obviously fall and encourage some price action
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May 10, 2020, 07:11:44 AM
 #60

almost everyone thinks that the price of bitcoin will rise even higher. however, now it seems that many people are quite disappointed with the achievement of prices after $ 10k. however, at this time the worst possibility is that we start halving with prices under $ 10k. there is still 1 day 18 hours since I wrote this before halving. I hope the price will pump again soon.
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