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Author Topic: Bitcoin popped $10 000  (Read 955 times)
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May 15, 2020, 05:13:28 PM
 #81

Hopefully Bitcoin can reach above $ 10,000 and last a few months,
because if Bitcoin can be $ 10,000 and Bitcoin dominance decreases, you know the meaning. Altcoin Season  Grin



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May 15, 2020, 07:00:36 PM
 #82

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.

In the mid to long term, bitcoin will be in a bull trend. The reason for this is the halving. As we have seen after previous halving, bitcoin always break its all time high. With this in mind, everyone has one hope that bitcoin will break its all time high in next 1.5 - 2 years.









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May 15, 2020, 08:35:49 PM
 #83

The market is becoming a lateralization, but seeing the price so close to $ 10k and seeing trends heading, the halving effect is likely to help enter the range, in the long run it will come and go. will exceed $ 10k. Right now it can hit $ 10k again as it's a psychological range that investors accept. And possibly the effect that Hashrate has dropped by 36% everything is still showing in a very positive environment, here you can see some of it: https://www.newsbtc.com/2020/05/15/bitcoin-hashrate-drops-a-massive-36-since-may-12-halving-what-does-it-show/

 

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June 01, 2020, 11:42:11 PM
 #84

I made this post just before the halving when BTC hit $10K but it didn't hold for long.

Now, one month later, we are back in business.

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June 02, 2020, 03:20:33 AM
 #85

Hopefully Bitcoin can reach above $ 10,000 and last a few months,
because if Bitcoin can be $ 10,000 and Bitcoin dominance decreases, you know the meaning. Altcoin Season  Grin
If bitcoin remains above $10,000 for the next few months, green will appear for most altcoins. I think it is not only $10,000 but also can very quickly surpass the next resistance levels because bitcoin has been steadily growing for a long time.
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June 02, 2020, 05:37:31 AM
 #86

currently, the price of bitcoin is again above $ 10k, it's just that we need to see developments that can occur further. we do not know whether the current prices will last and continue to rise, or there will be a dump again like previous achievements. however, I assume that higher price increases will occur until the end of the year. maybe the halving effect is starting to show.

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June 02, 2020, 06:02:25 AM
Last edit: June 12, 2023, 03:09:42 AM by STT
 #87

I wonder if the ongoing volatility generally is causing a bullish run on BTC, its possible we have 3 different fronts in that respect and more possible.    Its strong action but alot more work to get through prior volume and so resistance overhead.



Thats my view of prior pricing and levels ongoing that may settle daily close.   The bigger note is that it starts to ruin the negative bearish trend that was being taken as still in play, I think its quite flimsy at the moment though I'd say neutral is my general take.

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June 02, 2020, 07:56:54 AM
 #88

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?



Again it pumped an 10k level and now at $10,117 https://coinmarketcap.com/currencies/bitcoin/

so at any chance we are in Bull run now?

the Pandemic is now losing effect and economy are starting to progress now,maybe in a month or 2 we will find the Halving effect already?

currently, the price of bitcoin is again above $ 10k, it's just that we need to see developments that can occur further. we do not know whether the current prices will last and continue to rise, or there will be a dump again like previous achievements. however, I assume that higher price increases will occur until the end of the year. maybe the halving effect is starting to show.

we need to see this stay long now,because all those recent 10k leveling did not stay longer just a day or 2 and fell down to 9k again.

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June 02, 2020, 08:54:55 AM
 #89

Hopefully Bitcoin can reach above $ 10,000 and last a few months,
because if Bitcoin can be $ 10,000 and Bitcoin dominance decreases, you know the meaning. Altcoin Season  Grin
If bitcoin remains above $10,000 for the next few months, green will appear for most altcoins. I think it is not only $10,000 but also can very quickly surpass the next resistance levels because bitcoin has been steadily growing for a long time.

It has broken the psychological thing and above 10k is a very big thing considering in last few weeks it was hovering below 10k levels only and now we need to see if it can sustain anything above 10000$ mark in coming few days and weeks then we can see some good rally in the btc and also a good time for people to stay invested for the larger gains.

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June 02, 2020, 10:34:42 AM
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 #90

And we are back to $10,000... Grin. .what a wonderful day for us, hopefully this is not just a fake pump and then it will go back eventually.

Maybe we should thank Trump then.

https://cointelegraph.com/news/bitcoin-price-surges-to-10-380-as-trump-threatens-military-crackdown

Quote
Within the last hour, the Bitcoin (BTC) price abruptly surged to $10,380 after spending the last month trading in a symmetrical triangle pattern. The move above the crucial $10K mark occurred as United States President Donald Trump mobilized local police and the National Guard to disperse masses of protestors on the White House grounds.

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June 02, 2020, 12:35:27 PM
 #91

Looks like the new bitcoin pumper is Trump, I'm wondering if he is secretly investing on bitcoin?

The last time bitcoin pumped IIRC was due to this comment.

Donald Trump Just ‘Advertised’ Bitcoin After Fed Creates $6 Trillion
Quote
Bitcoin (BTC) gained ironic support from United States President Donald Trump on March 27 after he appeared to say he supported manipulating the dollar.

In a press conference quoted by various Twitter commentators, including Blockstream CSO, Samson Mow, Trump defended the Federal Reserve printing more than $6 trillion.


And we are back to $10,000... Grin. .what a wonderful day for us, hopefully this is not just a fake pump and then it will go back eventually.

Maybe we should thank Trump then.

https://cointelegraph.com/news/bitcoin-price-surges-to-10-380-as-trump-threatens-military-crackdown

Quote
Within the last hour, the Bitcoin (BTC) price abruptly surged to $10,380 after spending the last month trading in a symmetrical triangle pattern. The move above the crucial $10K mark occurred as United States President Donald Trump mobilized local police and the National Guard to disperse masses of protestors on the White House grounds.

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June 02, 2020, 12:58:09 PM
 #92

And we are back to $10,000... Grin. .what a wonderful day for us, hopefully this is not just a fake pump and then it will go back eventually.

Maybe we should thank Trump then.

https://cointelegraph.com/news/bitcoin-price-surges-to-10-380-as-trump-threatens-military-crackdown

Quote
Within the last hour, the Bitcoin (BTC) price abruptly surged to $10,380 after spending the last month trading in a symmetrical triangle pattern. The move above the crucial $10K mark occurred as United States President Donald Trump mobilized local police and the National Guard to disperse masses of protestors on the White House grounds.

Yup, I am glad to see $10k price Grin

I guess that many of us already make a big profit from the price. But I think the price needs to stable first at $10k before it can increases higher than $10,300 because the next target will be at $11k. So we need to wait for the price to increase for $900 to be $11k, which I am sure that the bitcoin price can hit that price soon. Don't forget to sell your bitcoin before the price get down Grin
For the first quote, I don't see why relating Trump's stupidity to the rise of the bitcoin or altcoins prices. It doesn't make sense.
For the stability of the price above $10k, yea it is a must if we need to no longer have 4 digits Wink

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June 02, 2020, 06:24:01 PM
 #93

I really love it when people are expecting bitcoin to go down and it shows them how powerful it is. Remember that topic which talked about bitcoin going down to 3k? Even 2k? Where is it right now?

I haven't seen it in the first page honestly, probably went under and not getting any attention anymore. Why? Because that was the thing back then, people were thinking bitcoin would be going down but it didn't and now people know that topic was wrong and now at the first page there is a million topics about bitcoin being 10k, that is the thing about bitcoin and its people, when they are wrong they just move on to the next topic and next target and forget about how much wrong there was in the last one. If we do not learn from the old ways, we are not going to look at the future better neither.
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June 02, 2020, 08:02:09 PM
 #94

It seems that it didn't last for long, price pulled back below 10000$ again. Although it looked that Bitcoin price crossed this barrier both in real and psichologiical way probably we are at the begininig again.
And no, Trump doesn't have anything to do with recent price rise, don't be ridiculous. It's funny how people come to the most silly reasons to.explain Bitcoin price growth.

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June 02, 2020, 11:03:53 PM
 #95

Who did this new pump? Have to throw this to whales? Have some investors do the withdrawals or purely a trap?
We did a great pump in just a few hours but that was also a speed of light turning it back to pullback. This is the case that most people worried about in putting their money in a tricky market without knowing whether it goes up or down.

It looks like that market seems so volatile at this time. I can't imagine how newcomers could adjust the market if the situation will show like this and it possible that most of them will tend to quit.
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June 03, 2020, 01:14:16 AM
 #96

Who did this new pump? Have to throw this to whales? Have some investors do the withdrawals or purely a trap?
We did a great pump in just a few hours but that was also a speed of light turning it back to pullback. This is the case that most people worried about in putting their money in a tricky market without knowing whether it goes up or down.

It looks like that market seems so volatile at this time. I can't imagine how newcomers could adjust the market if the situation will show like this and it possible that most of them will tend to quit.

Yeah new comers aren't as lucky as early adopters. I joined bitcoin officially in 2015 although hearing about it earlier than that. The price back then was $350 on average, I remember $500 then sudden crash to $200, people panic selling, bitcoin is doomed and all these shitty story. Back then $500 was great and didn't expect to see +1k or else maybe I would invest more. When the price passed $3k I was like why I didn't invest more, I kept saying the same thing over and over when the price crossed $5k, $10k, $13k and you know everyone is crying why we didn't sell at +$18k and bought again when it was <$5k.
Until now the unluckiest guys are those who bought at +$11k then sell it with lower price. Those who HODL their moneh still have the chance to get a trip in the moon in the future  Wink

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June 03, 2020, 02:36:57 AM
 #97

And we are back to $10,000... Grin. .what a wonderful day for us, hopefully this is not just a fake pump and then it will go back eventually.

Maybe we should thank Trump then.

https://cointelegraph.com/news/bitcoin-price-surges-to-10-380-as-trump-threatens-military-crackdown
It is just took a moment and bitcoin price back to $9500 before its price slumped down to $8500 based on Bitmex exchange and I think the privious pump was a fake pump.

There is an article which is loaded in cointelegraph and shere three reason why bitcoin price slumped down in 15 minutes, you can check here https://cointelegraph.com/news/3-main-reasons-bitcoin-price-plummeted-14-in-15-minutes-to-8-600

Now its price is being traded like a few days ago, I hope there is a good news comes back again and make bitcoin price passed the $10000 barrier and we will see the real bull run comes.

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June 03, 2020, 07:36:08 AM
 #98

Hopefully Bitcoin can reach above $ 10,000 and last a few months,
because if Bitcoin can be $ 10,000 and Bitcoin dominance decreases, you know the meaning. Altcoin Season  Grin
If bitcoin remains above $10,000 for the next few months, green will appear for most altcoins. I think it is not only $10,000 but also can very quickly surpass the next resistance levels because bitcoin has been steadily growing for a long time.

It did happen but it did not last at all.

Right now we are at $9.5K, and I think it could go lower since we are now seeing some places getting better in this pandemic and that also means people needing money after months of quarantine in their houses so I am expecting people selling some and then there is also the recession. Expecting price lower than $6K? What do you think guys?
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June 03, 2020, 12:39:31 PM
 #99

We need to wait for more again.

Because we have no choice lol,as if we will going to sell in this falling days?i wonder how many of us make a profit because last couple of weeks Bitcoin seats at $8000 level while this week it grows up to more that 410,000.

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 I think $9,500 will be staying at that position for a while, maybe it will remain for this week but who knows, tomorrow will be a good day for bitcoin to increase higher again. I am sure that many people already use this moment to buy more bitcoin because it is lower than yesterday. The next target for bitcoin will be $11k because we already hit $10k before.

actually the next target is $10,500 ,this is the strong resistance that we cannot break this whole half year of Bitcoin movement.

and also why need to bother now when we are assured of hitting another high again in the next days or week.
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June 03, 2020, 08:41:36 PM
 #100

Hopefully Bitcoin can reach above $ 10,000 and last a few months,
because if Bitcoin can be $ 10,000 and Bitcoin dominance decreases, you know the meaning. Altcoin Season  Grin
If bitcoin remains above $10,000 for the next few months, green will appear for most altcoins. I think it is not only $10,000 but also can very quickly surpass the next resistance levels because bitcoin has been steadily growing for a long time.

It did happen but it did not last at all.

Right now we are at $9.5K, and I think it could go lower since we are now seeing some places getting better in this pandemic and that also means people needing money after months of quarantine in their houses so I am expecting people selling some and then there is also the recession. Expecting price lower than $6K? What do you think guys?
Unlikely to happen but its not impossible yet we know on how crypto market moves which is very unpredictable which it could crash in a blink of an eye without even knowing the actual reason or lets say theres no specific
issues or  worldwide events and this had already happen in the past for many times.So it wont really be that surprising if it do move on that way on next hour or days etc...
On the recent movement in the price then i do really thought which is already the start of the new bull run since we able to break out that 5 digit price and usually this is always the movement just like what happened in 2017
but now we are seeing again which the price had tanked which is better rather than crashing again back to 8k or lower.

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