btc_angela
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May 10, 2020, 11:54:27 AM |
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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.
Disappointments come when you put too high expectations. Yes, it did hit $10k, but it is too much for some traders that's why they sell-off to take some profits at the side. And what is wrong when post-halving price is ~$10k though? It doesn't change the narrative that bitcoin is still a good leverage or investment? So we have to wait and see what will happen post-halving, we might see a decline, but we shouldn't be affected, let bitcoin ecosystem takes its course.
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carlisle1
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May 10, 2020, 12:45:52 PM |
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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
not a small full back because yesterday the price made another fall of more than 11% from 10,000usd to 8,700usd and this is bad indication while we are few days before halving. 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.
There is a problem why thinks that below 10k is disappointment ?though this is halving time yet the price is enough to be contented as i know there will me a little by little growth until we reach another Hype.
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okala
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May 10, 2020, 01:07:11 PM |
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I was happy seeing this gain on 7 of May 2020 only to wake up this morning to see another heavy lose of above 12% within 24 hours. It seems some one or one of the big whales plays smartness on others.
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snipie
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May 10, 2020, 02:28:12 PM |
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I was happy seeing this gain on 7 of May 2020 only to wake up this morning to see another heavy lose of above 12% within 24 hours. It seems some one or one of the big whales plays smartness on others.
Bitcoin price is $8,745 right now. It is expected and big whales move in the same direction, they bought bitcoin to drove the price up and whenever it is high enough they will sell and collect precious gains then the cycle will start again after a while. Actually normal traders and noobie enthousiaste are those who lose their money not big whales.
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monineklutak
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May 10, 2020, 03:30:09 PM |
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I was happy seeing this gain on 7 of May 2020 only to wake up this morning to see another heavy lose of above 12% within 24 hours. It seems some one or one of the big whales plays smartness on others.
12% increase and 15% decrease is very interesting, as experts say in 2017, Bitcoin is a bubble that may still be valid, $ 10,000 and drops back to $ 8600
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FanEagle
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May 10, 2020, 09:42:42 PM |
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Corrections happen in basically all financial world, it is not new and it is not for the first time in bitcoin neither. Just check before pandemic and what happened. I can literally give you the dates as well. On February 13th the price of bitcoin was around 10.3k and that was the yearly high as well, on march 7 the price was 9.1k instead, now that is not the big fall because of the pandemic that happened a week later when it dropped under 5k which was basically half of what it was in a week.
Bitcoin literally had similar correction before the pandemic, which was literally only 2 months ago, we are doing the same thing once again. Unless something like another pandemic is waiting for us in another week I think we are going to be better very soon.
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Baofeng
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May 13, 2020, 10:23:32 PM |
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I was happy seeing this gain on 7 of May 2020 only to wake up this morning to see another heavy lose of above 12% within 24 hours. It seems some one or one of the big whales plays smartness on others.
12% increase and 15% decrease is very interesting, as experts say in 2017, Bitcoin is a bubble that may still be valid, $ 10,000 and drops back to $ 8600 As of now, I wouldn't call bitcoin a bubble, we're still in the 4 digit, I'm sure you have seen the what happened in 2017 started that year ~$1k then reach all time high in December @$19k that is a bubble. Although we have completed the halving, it seems that we're still in the momentum so we may reclaim $10k soon, before the end of this month.
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smyslov
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May 14, 2020, 01:20:38 AM |
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I was happy seeing this gain on 7 of May 2020 only to wake up this morning to see another heavy lose of above 12% within 24 hours. It seems some one or one of the big whales plays smartness on others.
12% increase and 15% decrease is very interesting, as experts say in 2017, Bitcoin is a bubble that may still be valid, $ 10,000 and drops back to $ 8600 We should stop using the bubble thing when we discuss Bitcoin we are past that issue five years ago, if it's a bubble it should burst at the current condition in this pandemic, let's just focus on the supply and demand and adoption of the project and where Bitcoin is heading.
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Baofeng
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May 14, 2020, 02:15:18 PM |
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Although we have completed the halving, it seems that we're still in the momentum so we may reclaim $10k soon, before the end of this month.
It's at 9.3K as we speak, up we go! $9500-$9600 as I type this reply. So I'm still optimistic that we are going to hit $10k very soon. I think whatever you call it, bubble or something, bitcoin price is cyclical, we hit some ceiling before going down again. It's just the nature of it, the good thing is that we still have a lot of leg room to see the price going into another bubble, it might take years again before we can finally see that all-time-high again.
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Naida_BR
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May 14, 2020, 03:49:08 PM |
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10k is a strong level with huge resistance. I think that if we are going to reach it again the price is going to be dropped again as there would be a lot of people who would like to hold even if the halving event is already over.
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STT
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May 14, 2020, 04:04:47 PM |
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10k is just a round number, it slides off the tongue and its easy reference but its the areas around it which are important and for different reasons. So yea 10050 to 10500 is important because it relates to Feb pricing and prior historical levels but the big thing I'm watching for is a higher high, we've had two in a row and its a match to a positive trend. If we can get a 3rd new high after the March bottom then I have to forget being negative on BTC especially, its doing well to continue to ring the bell regularly like that. Its not the flip to five figures that matters exactly just the significance within a pattern imo, a chart always makes this clearer but I cant post one just this minute.
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aioc
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May 14, 2020, 05:18:13 PM |
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Few days after the halving people are looking on the market, everyone is hoping that we finally reach the $10k level and from there never look back, but it will still take several months before we feel the effect of the halving, the market will still go down and up and correct itself but it will eventually rally for another all-time high.
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Oasisman
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May 14, 2020, 09:55:35 PM |
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Few days after the halving people are looking on the market, everyone is hoping that we finally reach the $10k level and from there never look back, but it will still take several months before we feel the effect of the halving, the market will still go down and up and correct itself but it will eventually rally for another all-time high.
I'm not sure If Bitcoin is able to hit another ATH for atleast the next 2 years. I will be surprised If bullrun will begin this year and hit new ATH in 2021. Base on the market movements today, It seems that Bitcoin is struggling to hit the 5 digit figure again this time since February. Though we're close to hitting it, but a slight pull back is depriving to break that level. Anyway, there's a rumor about the traders growing interest in altcoin. That will be a good news in crypto space that could pump the market cap anytime soon.
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Ridwan Fauzi
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May 14, 2020, 10:57:39 PM |
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Few days after the halving people are looking on the market, everyone is hoping that we finally reach the $10k level and from there never look back, but it will still take several months before we feel the effect of the halving, the market will still go down and up and correct itself but it will eventually rally for another all-time high.
I'm not sure If Bitcoin is able to hit another ATH for atleast the next 2 years. I will be surprised If bullrun will begin this year and hit new ATH in 2021. Base on the market movements today, It seems that Bitcoin is struggling to hit the 5 digit figure again this time since February. Though we're close to hitting it, but a slight pull back is depriving to break that level. Anyway, there's a rumor about the traders growing interest in altcoin. That will be a good news in crypto space that could pump the market cap anytime soon. Like halving event 2017 ago, when bitcoin price wasn't up as many trader desired the alt season came and make most of altcoin price went up. Interesting to see ETH price at that time, ETH price was increasing a lot until reach $1500 and yeah I got a lot of profit of it. Just hoping that the situation will be happen again for the current halving event. I bought some ETH and still holding them, so as I can sell them when alt season comes. I feel it is reasonable to happen, since we just know that bitcoin hasn't up drastically.
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Oceat
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May 14, 2020, 10:59:39 PM |
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Few days after the halving people are looking on the market, everyone is hoping that we finally reach the $10k level and from there never look back, but it will still take several months before we feel the effect of the halving, the market will still go down and up and correct itself but it will eventually rally for another all-time high.
I'm not sure If Bitcoin is able to hit another ATH for atleast the next 2 years. I will be surprised If bullrun will begin this year and hit new ATH in 2021. Base on the market movements today, It seems that Bitcoin is struggling to hit the 5 digit figure again this time since February. Though we're close to hitting it, but a slight pull back is depriving to break that level. Anyway, there's a rumor about the traders growing interest in altcoin. That will be a good news in crypto space that could pump the market cap anytime soon. I just looked at the price now and it looks like it is going to hit the 5 digit price again but I don't know if it would try to break another price resistance or is it just going to touch that $10k then back to the casual $8k to $9k figure for a week. It seems like someone is trying to drive the price due to the halving—I hope most newbies won't fall for the trap that is mostly going to happen as I suspected. It's not the right time for the bull market now, don't fall for it.
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3996
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MFahad
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May 15, 2020, 01:03:05 AM |
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10k is a strong level with huge resistance. I think that if we are going to reach it again the price is going to be dropped again as there would be a lot of people who would like to hold even if the halving event is already over.
Do you think the current bitcoin rally will able to cross 10,000$ ? Yesterday, it made a high of 9947$ at kraken but was not able to cross 10,000$. As per many experts, as long as bitcoin is below 10,000$, we are in a bearish trend.
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| | ▄▄███████▄▄ ▄███████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ▀▀███████▀▀ | . ElonCoin.org | │ | | .
| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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Kemarit
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May 15, 2020, 01:35:08 AM |
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10k is a strong level with huge resistance. I think that if we are going to reach it again the price is going to be dropped again as there would be a lot of people who would like to hold even if the halving event is already over.
Do you think the current bitcoin rally will able to cross 10,000$ ? Yesterday, it made a high of 9947$ at kraken but was not able to cross 10,000$. As per many experts, as long as bitcoin is below 10,000$, we are in a bearish trend. The price is moving on the 5 digits again, so it's possible that in the next coming days we might hit $10,000. But as we can see in the previous attempts, pre-halving, it is rejected, so it's a big barrier to break. Short term indicators though looks like we are in a bullish trend, but midterm? it is a different story, we might see the price holding around $9500-$9600.
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rodskee
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May 15, 2020, 05:15:02 AM |
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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
But we did not saw any Bullish momentum mate instead at the day of halving there are no changes as if nothing happens in the event.though after few days price slightly move up and not standing at $9,500 and this stable price might last long before we finally cross 10,000 and really starts bulllrun because the Virus still burning the market to Bloodiness .don't lose hope guys we can make it to the top within the year and the next.
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Questat
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May 15, 2020, 05:28:47 AM |
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10k is a strong level with huge resistance. I think that if we are going to reach it again the price is going to be dropped again as there would be a lot of people who would like to hold even if the halving event is already over.
Do you think the current bitcoin rally will able to cross 10,000$ ? Yesterday, it made a high of 9947$ at kraken but was not able to cross 10,000$. As per many experts, as long as bitcoin is below 10,000$, we are in a bearish trend. The price is moving on the 5 digits again, so it's possible that in the next coming days we might hit $10,000. But as we can see in the previous attempts, pre-halving, it is rejected, so it's a big barrier to break. Short term indicators though looks like we are in a bullish trend, but midterm? it is a different story, we might see the price holding around $9500-$9600. This is a good holding price, though bitcoin failed to pump to $10,000 yet, I am sure it will again pump soon. Anyway, things are looking good now, bitcoin being able to stay above $9K is a good price and if we will a good support at this level, $10,000 will be easy to achieve.
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Nazmul012
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May 15, 2020, 12:32:58 PM Last edit: May 15, 2020, 01:01:51 PM by Nazmul012 |
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People expected from bitcoin, a big pump But it get dumped again after halving, when the price of bitcoin should be pump as like year 2017. Currently support is at around $8000 & resistance is at around 10300. probably we can expected to a big pump after Epidemic
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