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Author Topic: Bitcoin is $10,000  (Read 676 times)
Yaunfitda
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July 27, 2020, 09:38:14 PM
 #61

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.
I do agree, not new in the market and I have seen this kind of movements/shifts and it's obvious that investors are moving to btc from alts, specially when they see that there is already a big movement coming. Ethereum is doing good, but it seems it has face a big stumbling block right now, face a resistance wall, investors then move to btc to push to $10,800 now with almost 10% increase in the last 24 hours.

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July 27, 2020, 10:12:40 PM
 #62

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.

Ah well. Looks like that jigsaw is getting sent to landfill. That's if there's anywhere big enough.

Who knows whether this is the start of something big, but it may well be the end of our big nothing and it's been long enough for me.
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July 27, 2020, 10:18:22 PM
 #63

And this is it, we are already at $11k, it looks like the bull run is really here as the FOMO is slowly forming from small to big FOMO.
We didn't expect this, what we expect is that a bull run during the halving or the post halving bull run which could happen next year, but here we are, it came early than expected and this tells how unpredictable really the market is.. Hey OP, it's 2 days and we are at $11,000 now, maybe 1 week from your post, we will be seeing a $15k price.  Grin... pardon me, this is how people think when they get into FOMO.

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July 27, 2020, 10:33:15 PM
 #64

I don't think we are going anywhere other than then same 10k range we have been in for a while. But this particular minor rise will make other players get into the game and setup the groundwork for the 20k range given that the halving is affecting the market as well. But given the traders involved, we will not go anywhere other than hang around this 10-12k. Any growth will be over the next 4 years leading into the next halving.

No going to the moon anytime soon as far as I can tell.
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July 27, 2020, 10:35:17 PM
 #65

I don't think we are going anywhere other than then same 10k range we have been in for a while.

What same 10k range? It's been 10.5 that's been pulling our willies for a long, long time. That's been shat all over. That's the level that needed taking out. There was no 10-12k range.
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July 27, 2020, 10:45:12 PM
 #66

We finally passed the $10k mark again. The struggle is real. That was fast and it makes me worry it might collapse fast as well. It could happen at some point since traders has a selling point. I thought we're gonna stay evem longer at 4-digit. Atleast our hope for a new ATH isn't gone yet or has been boosted up again.
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July 28, 2020, 01:34:33 AM
 #67

It seems that the price resists in that area, look at the wick of the candle and the price of the bitcoin is back at $9900 but we are still in the resistance levels where we can expect that the price will successfully break the $10,000. That resistance is a major resistance so expect that there will be a momentum when it comes to price in the following days if the price of the bitcoin will breakout and not fake out.
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July 28, 2020, 02:05:37 AM
 #68

What we are waiting for finally happens in front of us. Bitcoin price finally increases so high and breaks the $11k barrier, although a few hours ago, the price back to $10k level, but now, the price back to $11k even more. I am happy to see that, and I think this is bullish that we wait and we want. But I wonder how higher bitcoin prices can go up because we don't know about that.

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July 28, 2020, 02:11:58 AM
 #69

And this is it, we are already at $11k, it looks like the bull run is really here as the FOMO is slowly forming from small to big FOMO.
We didn't expect this, what we expect is that a bull run during the halving or the post halving bull run which could happen next year, but here we are, it came early than expected and this tells how unpredictable really the market is.. Hey OP, it's 2 days and we are at $11,000 now, maybe 1 week from your post, we will be seeing a $15k price.  Grin... pardon me, this is how people think when they get into FOMO.
We've now crossed the $11000 and the market fluctuation stays within the margin of $11250. The marketcap had reached $325Bn and there is no big growth with altcoins same as bitcoin. Maybe the halving effect is happening earlier, that's the reason there is no big growth happening with top altcoins having good marketcap in the market. By the time mostly the small volume holders will fall for FOMO. This might cause a drop in the market over the falling weeks.

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July 28, 2020, 04:03:45 AM
 #70

What we are waiting for finally happens in front of us. Bitcoin price finally increases so high and breaks the $11k barrier, although a few hours ago, the price back to $10k level, but now, the price back to $11k even more. I am happy to see that, and I think this is bullish that we wait and we want. But I wonder how higher bitcoin prices can go up because we don't know about that.
I just realized that this is the first time bitcoin has exceeded the price of $ 11k in 2020. However, I think this is a good increase. I'm waiting for a higher price, it's just that seeing bitcoin prices stabilize above the $ 10k price in over a month is good enough. Yeah, but I still expect higher prices.
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July 28, 2020, 07:39:34 AM
 #71

What we are waiting for finally happens in front of us. Bitcoin price finally increases so high and breaks the $11k barrier, although a few hours ago, the price back to $10k level, but now, the price back to $11k even more. I am happy to see that, and I think this is bullish that we wait and we want. But I wonder how higher bitcoin prices can go up because we don't know about that.
I just realized that this is the first time bitcoin has exceeded the price of $ 11k in 2020. However, I think this is a good increase. I'm waiting for a higher price, it's just that seeing bitcoin prices stabilize above the $ 10k price in over a month is good enough. Yeah, but I still expect higher prices.

It had crossed 11k and was above that levels for some time and then started to take a dip again back and now at 10900$. I think it is not supporting above 11k, but will see if it can test again and will it be able to stay above those levels or will fall back again. But it has crossed very quickly from 10 to 11k .
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July 28, 2020, 07:59:25 AM
 #72

What we are waiting for finally happens in front of us. Bitcoin price finally increases so high and breaks the $11k barrier, although a few hours ago, the price back to $10k level, but now, the price back to $11k even more. I am happy to see that, and I think this is bullish that we wait and we want. But I wonder how higher bitcoin prices can go up because we don't know about that.
I just realized that this is the first time bitcoin has exceeded the price of $ 11k in 2020. However, I think this is a good increase. I'm waiting for a higher price, it's just that seeing bitcoin prices stabilize above the $ 10k price in over a month is good enough. Yeah, but I still expect higher prices.

It had crossed 11k and was above that levels for some time and then started to take a dip again back and now at 10900$. I think it is not supporting above 11k, but will see if it can test again and will it be able to stay above those levels or will fall back again. But it has crossed very quickly from 10 to 11k .

Possibly someone is cashing out for profit reason for the resistance well it is logical for majority of traders to sell when in profit.  Anyway some technical analysis prove that some traders are selling for profit since TA seen action for the last 15 minutes is all sell and the recent market action can be seen in this site : https://www.tradingview.com/symbols/BTCUSD/technicals/.  It seems we will see frequent swings of prices of BTC from $10k+ - $11k+ for today.

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July 28, 2020, 08:06:37 AM
 #73

Okay, so let's calm down a bit, bitcoin has reached $11k quickly and now the pump has stopped and trading at over $10K.. I think this is a good move and hopefully bitcoin will stabilize at that price for a while like it did when it was still trading at $9k+.

It would be a great improvement for bitcoin to just stay at $10k, but of course, I understand the FOMO, my concern is just, if there's big FOMO, price will rise significantly in just a very short period of time, but far will we fall once correction starts?
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July 28, 2020, 09:27:09 AM
 #74

And this is it, we are already at $11k, it looks like the bull run is really here as the FOMO is slowly forming from small to big FOMO.
We didn't expect this, what we expect is that a bull run during the halving or the post halving bull run which could happen next year, but here we are, it came early than expected and this tells how unpredictable really the market is.. Hey OP, it's 2 days and we are at $11,000 now, maybe 1 week from your post, we will be seeing a $15k price.  Grin... pardon me, this is how people think when they get into FOMO.

Don't rush so fast, this is still far away from bull run so don't make premature conclusions. Not so long time ago we had similar situation when looked like Bitcoin price is heading fast forward but then pulled back below 10000$.  Although situation in the market looks good now that doesn't mean it will stay so, so let's have a little patience.

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July 28, 2020, 10:16:38 AM
 #75

Not so long time ago we had similar situation when looked like Bitcoin price is heading fast forward but then pulled back below 10000$.  Although situation in the market looks good now that doesn't mean it will stay so, so let's have a little patience.

it was not normal market situation, in fact it was a very rare global event that caused the crash last time. when the virus started spreading all over the world and the world economy started crashing, bitcoin price rise was also paused and we saw the crash.
that is not something that we can see be repeated that often since as i said it is a rare incident.

right now the price looks good though. the rise was solid and slow instead of weak but fast. and there is a good buy support shaping up and if this momentum is kept for a couple of days more we can say goodbye to 4 digits forever.

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July 28, 2020, 05:33:09 PM
 #76

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.
Yep, I saw the altcoin move sharing the same pump after the BTC started this. In fact, I was sure that altcoin would increase in percentage, is this really a bullrun, is it really happening now?
The price has risen so fast in the last few years it is also possible that the altcoin season will not be pumping for a long time.

It looks like bitcoin will continue to redeem $ 12 within a few hours and this is due to the fact that many people believe in crypto after experiencing a major crash during the pandemic.

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July 29, 2020, 02:21:51 AM
 #77

What we are waiting for finally happens in front of us. Bitcoin price finally increases so high and breaks the $11k barrier, although a few hours ago, the price back to $10k level, but now, the price back to $11k even more. I am happy to see that, and I think this is bullish that we wait and we want. But I wonder how higher bitcoin prices can go up because we don't know about that.
I just realized that this is the first time bitcoin has exceeded the price of $ 11k in 2020. However, I think this is a good increase. I'm waiting for a higher price, it's just that seeing bitcoin prices stabilize above the $ 10k price in over a month is good enough. Yeah, but I still expect higher prices.
Yeah, it is the first time for bitcoin exceeded $11k in this year, and I am sure that with the rest of the month this year, we will have more chance to see another high price. We can wait for the coming of the high price in the next month, but before it's happening, we need to see the fluctuate of the price first. And if we can see a low price, we can buy more bitcoin.

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July 29, 2020, 05:11:02 PM
 #78

Not that last time, the last time we went over 10k was the time in may when the price went from 4k to 10k eventually after the pandemic drop, so we did reached to 10k and then dropped to 9k and stayed there for around 50 days. It was between 9k and 9.5k for 50 days and right now we are looking at it over 10k once again. Sure the pandemic drop made sense but the last one in may that saw us at the same price for 50 days didn't make sense at all, at least to me.

Fortunately we are all above that now and doing great. It is bitcoin obviously and could drop without any reason at all and I hope that doesn't happen but at the same time I am thinking that there is a chance that bitcoin could not only go up, but go up insanely high right now, everything points out to something like that.
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July 29, 2020, 11:14:27 PM
 #79

It had crossed 11k and was above that levels for some time and then started to take a dip again back and now at 10900$. I think it is not supporting above 11k, but will see if it can test again and will it be able to stay above those levels or will fall back again. But it has crossed very quickly from 10 to 11k .
It is supporting the $11k and in fact, just made it back to $11,200.

We're thinking that it will be the last time that it will be on $11,000 and suddenly will go back to $10,000 and $9,000. But this time, it's going strong and if it supports $10,500 - $11,000 for how many weeks, it will give me a sigh.

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July 29, 2020, 11:25:20 PM
 #80

It had crossed 11k and was above that levels for some time and then started to take a dip again back and now at 10900$. I think it is not supporting above 11k, but will see if it can test again and will it be able to stay above those levels or will fall back again. But it has crossed very quickly from 10 to 11k .
It is supporting the $11k and in fact, just made it back to $11,200.

We're thinking that it will be the last time that it will be on $11,000 and suddenly will go back to $10,000 and $9,000. But this time, it's going strong and if it supports $10,500 - $11,000 for how many weeks, it will give me a sigh.

Apparently we experience some little dumps but the support is strong so I assume that we will experience a little more pumps in next following days. but we can't really be sure if this will really continue in next following months since there is a downside of everything and we need to be ready for that.

I'm casting my loads now and will secure my profit anytime soon once I see some bad angles.

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