BTC Keeping it's limitaion Between 9--10K

[rodskee]

This limitation has been broken and we should expect a strong bull run any moment from now. 2020 seem to be a good year for the crypto space.

It's forming more from the bull side of this market, it seems that the movements
is showing good sign of more stronger bull
We have to keep being positive and focus with our hold assets, it can breakout
any moment now and bring huge profits.

Indeed. The limitation of the price of bitcoin between $9,000-$10,000 has been broken and we are now experiencing a good movement or a bull run this month. I hope this would continue until the end of the year because it would be a good choice if we all keep and hold our bitcoins to maintain our long term investment.

If this green trend continue one thing is for sure we will going to have a much better
market valuation before this year end.

[STT]

Its broken above 10500 which was a limit but the point to watch now is each longer term time frame.     So hourly into daily and weekly bars and so on, when its keeping itself above a prior ceiling it can be said to be bullish though its never so certain it cannot move through resistance but its more certain then otherwise.

The best time to discard the previous limit would be in a proper trend upwards, we dont have that yet.   I think a monthly bar would be more like or a series of confirmations in lows where we are rising, sometimes this can be subtle.   I think we're holding for the moment with many assuming its bullish because we remain high, I'm alot more assured once we have an actual trend in play I dont see that yet.



yellow line is the more important here with price staying the right side of this since Mid July

[reliable]

Now this has broken the $11000 range and it is moving between the range $11300 - $12000. This week we can expect some good growth from the beginning itself. If the market is supportive by the weekend we can experience $13000 with the price range gaining resistance above $12000. Based on the move there will be bigger growth with ethereum reaching close to $500.

Considering the past few days we are seeing that the next huddle it seems is the 12k mark. Around 11700 mark it is getting some resistance and seems to be in this price range for now. But with little push it can cross even 12k mark and might move upwards or feel that some profit booking could happen near that range might take some dip before it can rise back again.

[peterpanda]

Now this has broken the $11000 range and it is moving between the range $11300 - $12000. This week we can expect some good growth from the beginning itself. If the market is supportive by the weekend we can experience $13000 with the price range gaining resistance above $12000. Based on the move there will be bigger growth with ethereum reaching close to $500.

Considering the past few days we are seeing that the next huddle it seems is the 12k mark. Around 11700 mark it is getting some resistance and seems to be in this price range for now. But with little push it can cross even 12k mark and might move upwards or feel that some profit booking could happen near that range might take some dip before it can rise back again.

Not only 12k but also it will hit 15k again very soon. Bitcoin is now on good stage and for this reason altcoins are increasing rapidly. We should avoid panic sell now.

[BrewMaster]

Considering the past few days we are seeing that the next huddle it seems is the 12k mark. Around 11700 mark it is getting some resistance and seems to be in this price range for now. But with little push it can cross even 12k mark and might move upwards or feel that some profit booking could happen near that range might take some dip before it can rise back again.

during price rises like this, i wouldn't call any price a "resistance" because they evaporate very easily. we just saw today how now just $11700 but also $12000 marks were surpassed very easily and even though there was a day trader + bot panic sell the price is still close to $12k.
it is the momentum that breaks all these no matter what resistances seem to exist on the charts.

[Lanatsa]

Considering the past few days we are seeing that the next huddle it seems is the 12k mark. Around 11700 mark it is getting some resistance and seems to be in this price range for now. But with little push it can cross even 12k mark and might move upwards or feel that some profit booking could happen near that range might take some dip before it can rise back again.

during price rises like this, i wouldn't call any price a "resistance" because they evaporate very easily. we just saw today how now just $11700 but also $12000 marks were surpassed very easily and even though there was a day trader + bot panic sell the price is still close to $12k.
it is the momentum that breaks all these no matter what resistances seem to exist on the charts.

Technicals or indicators arent always a solid basis when it comes to price prediction.Its  just commonly used and presuming out those supports and resistances but into this kind of market then those can be easily
break out without even anticipating or expecting it.

We have  been tanking in below 10k price for long months now and pretty sure that most people havent expected yet for it to break 10k and break 11k and reach 12k so easily which we havent
able to touch for too long now.

Its not bad to base it up on TA's but depending on it too much does really have that some sort of being useless or cant really be that much of a use.