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Author Topic: Bitcoin is very excited at the moment.  (Read 791 times)
M Sarwar (OP)
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August 17, 2020, 03:24:32 PM
 #1

After much speculation the value of bitcoin has been $12,000. Bitcoin is currently priced at $12,000. Bitcoin has actually been able to show that bitcoin is the king of the crypto world. As the price of bitcoin has risen, so have the prices of other cryptocurrencies. Ethereum, Litecoin etc coin prices have risen. What is going to happen in the market. What do you think about all this cryptocurrency? Let's discuss in detail.
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August 17, 2020, 03:25:49 PM
 #2

This period the perfect time to buy the dip and accumulate irrespective of the bulls being under pressure. Bitcoin moving up is inevitable and would see the price of bitcoin surpass it's all-time highs. The reversal was imminent because obviously, the bitcoin market needed a correction to gather the right momentum to give the bulls more steam and this just makes it the perfect time to invest and accumulate as much as possible.
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August 17, 2020, 03:28:16 PM
 #3

After much speculation the value of bitcoin has been $12,000. Bitcoin is currently priced at $12,000. Bitcoin has actually been able to show that bitcoin is the king of the crypto world. As the price of bitcoin has risen, so have the prices of other cryptocurrencies. Ethereum, Litecoin etc coin prices have risen. What is going to happen in the market. What do you think about all this cryptocurrency? Let's discuss in detail.
Looks like bitcoin and most of the top alts were consolidating and they are now ready for next big move up. If we talk specifically about bitcoin next resistance is at 14k so hopefully btc will reach there  soon.
As far as Eth is concerned I would like to see it reaching 550 because after that there will be very few hurdles on the way up.

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August 17, 2020, 03:59:59 PM
 #4

Last 30 minute run was crazy. Bitcoin just moved $430 in last 1 hour. This doesn't signify any great thing but a rapid move by whales to manipulate the price. The real question is how long would they be able to make it rise. Play safe on such market. Sell your coins but never 100% of it. Divide your coins and keep on selling them with increasing price. A bot would surely help. These rapid rise and falls are great for grid traders.


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August 17, 2020, 04:06:56 PM
 #5

Probably Bitcoin will correct after 2-3 days then Altcoin will follow, Currently most of altcoin are in bloodbath due to recent price spike of BTC, Altcoin will follow
BTC once it reach the stable price, I believe this time that Altcoin will have a massive pump since most of the Coin that you mention are undervalue if we compared
there current price to the 2017 price which is the peak price of all currency. I'm sure that the new all time high will happened this year or early next year.

DeFi successfully bring back whale investors in crypto and a lot of fresh money are entering in crypto space. I suggest that we should hold any holding that we have right now, Even shit coin might have a chance to experience a pump just like the ICO craze time.

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August 17, 2020, 04:29:41 PM
 #6

After much speculation the value of bitcoin has been $12,000. Bitcoin is currently priced at $12,000. Bitcoin has actually been able to show that bitcoin is the king of the crypto world. As the price of bitcoin has risen, so have the prices of other cryptocurrencies. Ethereum, Litecoin etc coin prices have risen. What is going to happen in the market. What do you think about all this cryptocurrency? Let's discuss in detail.

Bitcoin has been enjoying some price increase since the halving period, contrary to the decrease in price speculation.  The advent of new ethereum blockchain also contributed to its price  increase.  I guess investors have sold many of their other altcoins to invest in BTC and ETH.  Price of other altcoins will also improve with time.
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August 17, 2020, 05:09:29 PM
 #7

Bitcoin alongwith Ethereum are my longterm holds and it feels amazing to see both growing finally. Personally i am super excited to see new all time high price levels of both btc and eth. I have seen huge price predictions from crypto community for next bullrun and peak but i will be happy if previous highs are achieved.

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August 17, 2020, 05:25:54 PM
 #8

After much speculation the value of bitcoin has been $12,000. Bitcoin is currently priced at $12,000. Bitcoin has actually been able to show that bitcoin is the king of the crypto world. As the price of bitcoin has risen, so have the prices of other cryptocurrencies. Ethereum, Litecoin etc coin prices have risen. What is going to happen in the market. What do you think about all this cryptocurrency? Let's discuss in detail.

Bitcoin cannot be excited yet because it is still far off its reality all time high, instead we can rephrase your statement that bitcoin hdolders are pleased because it has been a run of consistent immense growth. Also, the prices of bitcoin and litecoin, etherum etc has grown immensely suggesting a bull market, with few healthy price retraces that suggest we are having a bull run soon.
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August 17, 2020, 05:33:39 PM
 #9

Yes, it is exciting at the moment, this is why you need to allocate 30% or more of your portfolio to BTC, there is a reason why it still 60% dominance of the market writing it off at your own peril. It is true that most Altcoins would out performed BTC i this bull market but what BTC guarantee is the stability


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August 17, 2020, 05:40:26 PM
 #10

Bitcoin alongwith Ethereum are my longterm holds and it feels amazing to see both growing finally. Personally i am super excited to see new all time high price levels of both btc and eth. I have seen huge price predictions from crypto community for next bullrun and peak but i will be happy if previous highs are achieved.
You shouldnt believe in prediction 100% because not all of them are accomplished. The good thing now is that bitcoin and altcoin price movement are growing and increasing. I am still not sure the price will hit an all-time high like 2017-2018. Its still very difficult even though there are opportunities.

Bitcoin is an asset that continue to give you a profit if you can make the right decision when buying and selling it back.

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August 17, 2020, 05:47:22 PM
 #11

I'm glad and happy to see that Bitcoin is finally taking a bullish step that was last seen in 2017 days, I feel that we are totally in for a long bullrun this year, something I was expecting to start in 2021 and also a big thank to DeFi projects, that is where the huge pile of money came from from the beginning
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August 17, 2020, 05:48:10 PM
 #12

What to discuss next? We all know the power of Bitcoin in the crypto world. It will always lead on the front and followed by the altcoins. What happens to the crypto market is that they only need changes. They will always have changes because crypto is volatile. From the volatility, we know that we can gain the profits.
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August 17, 2020, 06:05:06 PM
 #13

I just checked my portfolio and most of my altcoins decreased in sat value, even though BNB maintained its dollar value. BTC crossed 12k$ which is goodnews for crypto enthusiasts, and on the internet today #BTC has been trending. To what caused the break above 12k resistance, I'm not sure of it.
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August 17, 2020, 06:12:06 PM
 #14

I have also seen many projects that promise a lot more. But they do not live up to their promises. Many project campaigns swindle a lot of money to scam. But they don't make any payment when the campaign is over. But they plan to bring in new projects again. The situation of the bounty hunters is very bad for them. I am not interested in those projects.
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August 17, 2020, 06:23:33 PM
 #15

Btc and Eth have always been the top long-term favs, and now that the period of correction seems to be over, there is a lot of excitement and expectation of a much greater price rise.
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August 17, 2020, 06:32:00 PM
 #16

Bitcoin buy support is good now and I think it will grow more. After a few day's altcoins will follow this uptrend. At this time some shitcoins will pump but after a few weeks also they will fall. But Bitcoin will remain 1k$ to 18k$ in this year. maybe bitcoin price can pump more but then 15k to 18k$ will be the correction.

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August 17, 2020, 06:34:20 PM
 #17

Probably Bitcoin will correct after 2-3 days then Altcoin will follow, Currently most of altcoin are in bloodbath due to recent price spike of BTC, Altcoin will follow
BTC once it reach the stable price, I believe this time that Altcoin will have a massive pump since most of the Coin that you mention are undervalue if we compared
there current price to the 2017 price which is the peak price of all currency. I'm sure that the new all time high will happened this year or early next year.
If there will be no price correction that will happen within this week or next few weeks, expect the bull run towards $13K mark. We may see a huge dump after bitcoin reaches $12K but it isn't happening til now, so there must be no price correction at the moment. The resisting price is strong, $12K while the altcoins are growing separately especially the trending altcoins right now, LINK, SWAP, AMP, etc. As for my price assumption, a new all time high will not happen this year, I'm trying not to be so negative about it but that's what I see, bitcoin is having hard time reaching a higher price. Perhaps we will see another run to $22K.


DeFi successfully bring back whale investors in crypto and a lot of fresh money are entering in crypto space. I suggest that we should hold any holding that we have right now, Even shit coin might have a chance to experience a pump just like the ICO craze time.
This might be the huge come back of investors who lost their money in the past years with fake and non-progressive projects. Looking up for these investors to reevaluate their decision in investing.  Cheesy

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August 17, 2020, 06:39:26 PM
 #18

This is a good chance and opportunity to earn but always be careful in putting a buy and sell order. Hoping that it will last long and ethereum will reach more than $500 also the bitcoin. I think bitcoin can reach $15k if it will continue moving upward. As bitcoin price increase,I believe the demand on bitcoin will also increasing that also one of the reason why there is a bitcoin price surge and not just because of cryptowhales.

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August 17, 2020, 06:49:01 PM
 #19

This is really an interesting time as bitcoin rally to hit 15k. We might just be in another bull season. All the indications are showing and I hope it happens. Other altcoins are also looking excited as trx exceeds 0.03$

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August 17, 2020, 08:34:00 PM
 #20

It is possible that before the beginning of next year in front of Bitcoin 4 months in order to reach its highest level of +15K as expected, this is still a good time for Altcoins to achieve profits and rise. Bitcoin is still improving its trends, but in the end it will be time for Bitcoin to rise, so we have to buy Bitcoin And hodl it before this time, We hope that the next bull run will be more powerful than ever.

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