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Author Topic: Bitcoin is $10,000  (Read 677 times)
Clement Kaliyar
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July 26, 2020, 11:58:11 PM
 #41

If BTC can cross the $10,800 hurdle, then we can confirm that another bull run is ahead of us. The surge in price that happen recently is a good sign that the bulls are ready to take charge.
The surge was surprising and the resistance was really high as there was a huge sell off once the price touched $10k and it went down $200 and now the price is again recovering trying to test the resistance once again and i have no idea what to take from a situation like this as the market can go in either direction considering what the whales are planning to do, if we see a sell off once again we might see a correction.
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July 27, 2020, 12:04:49 AM
 #42

It didn't last long as I expected. I saw it went up to $10,000 but after a few minutes or hours I think, it went down to $10,000.

This is just a sign though that it can reach the $10,000 price anytime. Well, I just hope that this small rise of Bitcoin's price will continue all the way but still there is a chance that the opposite may happen Cheesy.

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July 27, 2020, 03:10:29 AM
 #43

It didn't last long as I expected. I saw it went up to $10,000 but after a few minutes or hours I think, it went down to $10,000.

This is just a sign though that it can reach the $10,000 price anytime. Well, I just hope that this small rise of Bitcoin's price will continue all the way but still there is a chance that the opposite may happen Cheesy.

It's already more than $10,000 base on CMC again as we gain 3++% in just a couple of hours.

But yes this is a good indication that five digits is no longer a barrier, it might take sometime to get to that price, but eventually we are going to reach it anyways.

Let's see where this bull run will go, $10,300? $10,500, $10,800 or even more?  Grin.

I do hope that everyone has getting their bags filled when the price is just ~$9000 in the last couple of months so that you can enjoy seeing your portfolio suddenly growing.

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July 27, 2020, 03:12:31 AM
 #44

I checked CMC and it's $9,961.74, but still that is almost $10k already. Obviously, the next barrier will be $10,300 first and then we will see how it goes. I'm not sure what brought this mini-bullrun in the last 24 hours and I do hope that this is not just manipulation but sustainable in the long run. So I'm not sure if this is the start of a bull run post halving.

CMC is not updated, it's already over $10K in these two exchanges.

https://www.binance.com/en/trade/BTC_USDT?ref=H31B921U - 24 hours high 10,111.00 usd

https://www.huobi.com/en-us/exchange/btc_usdt?invite_code=5kij5 - 24 hours high 10150.15 usd


It looks like there's a FOMO, but if we are in the bull run already, I think I will not conclude yet, I will observe the market first, if bitcoin will reach at least $11k, then I guess I'll be convinced that the bull run is here.

I think CMC is averaging the exchange rate on those exchanges that's why we see the price just hovering $10k. But I do agree that this could be another FOMO, and I just look at the price at CMC again and it's over $10k again. It's Monday on the Asian market so I will speculate that they are the one fuelling this sort of mini-bullrun.

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July 27, 2020, 04:50:49 AM
 #45

10,000 doesn't really mean much. It has crossed it countless times during this big nothing phase. 10.5 ish is the big one and has been for a long, long time. That could happen tomorrow or it may take the rest of the year.

It's another test, if we break the resistance, then we might see some big FOMO coming in.
I think I've witnessed 2 times already that bitcoin fail to continue rising when it reached $10,000, instead, it dump when it failed to break the resistance.

so this could be the time, hopefully.

I can't remember what is our highest high during the pandemic and pre-halving, it is $10,300 or $10,800? Anyways, if we go to $10k, this is obviously another FOMO, it just surprising that the start of this comes from Altcoin market, specially Ethereum who just broken $300 and still continue to grow because of the ETH 2.0 and the Defi hype.

Currently the price is just ~$10k, so I'm not sure if this is going to be sustained as FOMO will go down after breaking the five digits again. I'm sure those short positions get REKT though crashing the bearish sentiments we have seen for weeks now.

$10,315 is the current high, well, if this continue to rise, the FOMO will certainly come.
We need to get out of the $10K price as at this price, there has some psychological barrier, and I know people are still not so confident in buying as there are still doubts just like what happen in the last. I can't remember the exact price either, but I know we are at the same range as now.

https://www.binance.com/en/trade/BTC_USDT

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July 27, 2020, 05:35:46 AM
 #46

The movement of bitcoin is currently approaching prices around 10,250 and continues to rise little by little, and in my opinion will continue to move well to reach the highest price.
and although there is a decline back but in my opinion the movement of bitcoin will tend to rise slowly and that is my prediction that is not necessarily the truth and I'm still optimistic.

Price is around 10250$ now on the Binance as well and seems that it can try for the next huddle unless if see a large profit booking starts to happen at this levels then we may see that bitcoin price can fall back to below 10k$ and will be the same old story. But the new week has started quite well with this level.

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July 27, 2020, 06:12:14 AM
 #47

The movement of bitcoin is currently approaching prices around 10,250 and continues to rise little by little, and in my opinion will continue to move well to reach the highest price.
and although there is a decline back but in my opinion the movement of bitcoin will tend to rise slowly and that is my prediction that is not necessarily the truth and I'm still optimistic.
to be honest I still expect a higher price. maybe when the price of bitcoin reaches the price of $ 11000, then the price of bitcoin can last long in that range. however, I don't want to celebrate this sooner, because we know that bitcoin has reached the price of $ 10k several times this year, but it didn't last very long.

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July 27, 2020, 09:39:42 AM
 #48

If BTC can cross the $10,800 hurdle, then we can confirm that another bull run is ahead of us. The surge in price that happen recently is a good sign that the bulls are ready to take charge.

Seems like the most obvious technical line but remember we even managed to clear 11800 on a previous one and that still resulted in a big drop, so I would be opting instead to see a longer stay at above 10,000 and below 11,000 for a few more weeks and then repeat that at 12k 13k then 15k. I would change my mind if we surge past 15k after months of consolidation from here onwards.

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July 27, 2020, 01:51:37 PM
 #49

Hey guys, bitcoin has breached the $10,000 price mark, what's next for this?
a half period had occurred last May, before entering August 2020, the price of the BTC, had exceeded the level of $ 10,000.
can say this is a sign that the trend towards Bitcoin is on the verge of a bullish area, if you look at some of the predictions and forecasts previously made by bitcoin experts.

I am sure, then crypto has great potential in driving prices higher in the future.
Many factors today can cause the price of bitcoin to rise, one of which is: the transition of some stock assets to bitcoin shares from several investors & traders.

R


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July 27, 2020, 02:49:55 PM
 #50

People are really expecting for bitcoin to reach $10,000 by next month or the end of the year of 2020, but suprisingly bitcoin already reach its mark that we didn't expect bitcoin will go more than $10,000 this month of July. Also, if bitcoin would continue to increase its price maybe it will reach $20,000 again.

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July 27, 2020, 03:17:07 PM
 #51

Hey guys, bitcoin has breached the $10,000 price mark, what's next for this?

what comes next Is the following:

If the price manages to break the $ 10500 then people started selling their altcoins to buy bitcoin and this will cause the bitcoin price to rise very temporarily and the altcoins to fall a lot, and if the bitcoin price breaks the $13000 then the same scenario that I described will happen but this time it will be worse in the long run for altcoins.

Is is another failure or are we already in the bull run?

has not yet broken $10500 and after that there is $ 13000 which is another major obstacle

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July 27, 2020, 03:19:26 PM
 #52

The movement of bitcoin is currently approaching prices around 10,250 and continues to rise little by little, and in my opinion will continue to move well to reach the highest price.
and although there is a decline back but in my opinion the movement of bitcoin will tend to rise slowly and that is my prediction that is not necessarily the truth and I'm still optimistic.

Price is around 10250$ now on the Binance as well and seems that it can try for the next huddle unless if see a large profit booking starts to happen at this levels then we may see that bitcoin price can fall back to below 10k$ and will be the same old story. But the new week has started quite well with this level.

The price had reached $10300+ at present it has broken the strong resistance $10500+ that had been holding the price for a long time bearing in mind that a price retracement or pullback is expected to touch the resistance turned support at $10000 or bellow  if the price action played out according to this technical analysis then its obvious that the price will reach the next resistance at $12000 an indication that the market had been over by the bull ie bullish sentiment of the market.

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July 27, 2020, 03:26:27 PM
 #53

has not yet broken $10500 and after that there is $ 13000 which is another major obstacle

10.5 either happens very soon and we're off to the races or it falls back down again and we get months more of not very much. The longer it takes the more decisive the eventual move will be and the more bored we'll get in the meantime.

If it doesn't occur in the next 48 or so hours I'm going to start on the 2 billion piece jigsaw that arrived on a few trucks today.
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July 27, 2020, 04:39:34 PM
 #54

I feel like this $10k symbolizes more than just its own price, I feel like $10k is not $10k when you look at it. Right now, we are talking about a pump and an increase after months of not moving at all.

This means that during all of that time maybe people were accumulating, they want the price to go up because for the past 2 months that means people could have bought tens of millions of dollars worth of bitcoin and that could result with them making tens of millions of profit as well if the price goes up a lot. That is why this increase means that maybe people are optimistic about the price of bitcoin and they think that this should be the direction where it goes.

Obviously they could have think bitcoin doesn't go up so it should go down as well but that didn't happen thankfully.

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July 27, 2020, 04:55:18 PM
 #55

I checked CMC and it's $9,961.74, but still that is almost $10k already. Obviously, the next barrier will be $10,300 first and then we will see how it goes. I'm not sure what brought this mini-bullrun in the last 24 hours and I do hope that this is not just manipulation but sustainable in the long run. So I'm not sure if this is the start of a bull run post halving.
Its already remark hit $10,300 up so be cool and thinking what next goes!. Long run later again $10k up it really good move, basically many holders are now peace loving who purchased bitcoin earlier this year. I collected some bitcoin with the price was cheap even this time i made some of profits. I also had a capital crisis because of the covid-19, but i was able to cut it with rise in the bitcoin price.
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July 27, 2020, 06:14:21 PM
 #56

Bitcoin has been long overdue for a pump. Since the halving event back in May, It has continually tested support before breaking out yesterday. At this rate, We'll see $12K either later today or tomorrow. It's almost safe to say that we're at the start of yet another bull run. With ETH 2.0 incoming and Bitcoin's halving already completed, the only way is up from here on out.


I hope no one is holding altcoins at this point in time because it's been a bloodbath since yesterday.

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July 27, 2020, 07:13:04 PM
 #57

I hope no one is holding altcoins at this point in time because it's been a bloodbath since yesterday.
Although I am not a fan of altcoins but whether I didn't understand you very well or you are partially wrong.
Most altcoins price jumped in the previous days and even when bitcoin was rising slowly, their prices increased from 5-10%. Now if someone has a decent amount of the said altcoins, selling it to a stable USD coin then wait a price drop then converting it to BTC or ETH or even cash out in FIAT for example will make them in a pure profit situation!

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July 27, 2020, 07:39:04 PM
 #58

I hope no one is holding altcoins at this point in time because it's been a bloodbath since yesterday.
Although I am not a fan of altcoins but whether I didn't understand you very well or you are partially wrong.
Most altcoins price jumped in the previous days and even when bitcoin was rising slowly, their prices increased from 5-10%. Now if someone has a decent amount of the said altcoins, selling it to a stable USD coin then wait a price drop then converting it to BTC or ETH or even cash out in FIAT for example will make them in a pure profit situation!
Although bitcoin has increased but for altcoin there is still a lot of red that means that the bullrun has not completely happened so what is said @nelson4lov if this pump becomes a dump there could be bloodshed against altcoin because it cannot guarantee this increase like it is back again.
To be sure with the increase in bitcoin now that has reached $10.770 can be further increased and altcoin will follow suit.

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July 27, 2020, 09:20:46 PM
 #59

Although bitcoin has increased but for altcoin there is still a lot of red that means that the bullrun has not completely happened so what is said @nelson4lov if this pump becomes a dump there could be bloodshed against altcoin because it cannot guarantee this increase like it is back again.
To be sure with the increase in bitcoin now that has reached $10.770 can be further increased and altcoin will follow suit.
Looks like you are new to the cryptocurrency market, there is nothing surprising to see that the alt coin market is going down as the market always goes down when the bitcoin market rallies and it is not that surprising as the investors will sell of their alts to get into the bitcoin market if there is a rally and hopefully if it is the rally we are waiting for the alts is going down because of that.
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July 27, 2020, 09:37:56 PM
 #60

I hope no one is holding altcoins at this point in time because it's been a bloodbath since yesterday.
Although I am not a fan of altcoins but whether I didn't understand you very well or you are partially wrong.
Most altcoins price jumped in the previous days and even when bitcoin was rising slowly, their prices increased from 5-10%. Now if someone has a decent amount of the said altcoins, selling it to a stable USD coin then wait a price drop then converting it to BTC or ETH or even cash out in FIAT for example will make them in a pure profit situation!
Although bitcoin has increased but for altcoin there is still a lot of red that means that the bullrun has not completely happened so what is said @nelson4lov if this pump becomes a dump there could be bloodshed against altcoin because it cannot guarantee this increase like it is back again.
To be sure with the increase in bitcoin now that has reached $10.770 can be further increased and altcoin will follow suit.
If you notice the market every well you see that some altcoins actually follow the momentum which bitcoin market posed which i believe it a sign that sooner or later some altcoin will lose there spot in the top 100 because they are not gaining investors support. Speaking of bull run it hasn't started but when it does some altcoin on the 100 will join the crowd.
@OP, what will happen next is dump in price but no one knows when it will really happen.

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