Bitcoin over $10,000 for the past 66 days

[G.Belaci]

Bitcoin has been above $10,000 since July 27 and attracts more young investors and crypto enthusiast. Will BTC ever drop under $10,000 ever again?

Read the article if you also find it interesting: https://www.worldcoinindex.com/news/bitcoin-makes-new-record-completes-63-days-consistently-over-10k-the-longest-period-ever

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[lanos925]

Nice reading, thanks. I hope, Bitcoin will continue staying above $10,000 as long as possible.

[passwordnow]

Will BTC ever drop under $10,000 ever again?

It is volatile.
The answer is that it might be. This time we have a price that we can conclude to be bullish for bitcoin. Half from the all time high. While some alts went through their all time high by this year, who knows maybe, if bitcoin will go to another all time high anytime soon.

[TravelMug]

Bitcoin has been above $10,000 since July 27 and attracts more young investors and crypto enthusiast. Will BTC ever drop under $10,000 ever again?

No one can predict it BTC will go down to 4 digits. Price manipulation is still there, so we shouldn't be confident that we can stay above $10k, specially if whales decided to flex their muscle and manipulate the price and pull it down again. So everything is still possible.

Another scenario is that this is a bullish indicator, as we are on track of having its best second quarter.

https://cointelegraph.com/news/at-10-600-bitcoin-price-is-on-track-for-its-second-best-quarter-ever

So we might be on the road on breaking our previous all time high and setting a new one in the next coming months, 2021 perhaps.

[romero121]

Bitcoin has been above $10,000 since July 27 and attracts more young investors and crypto enthusiast. Will BTC ever drop under $10,000 ever again?

No one can predict it BTC will go down to 4 digits. Price manipulation is still there, so we shouldn't be confident that we can stay above $10k, specially if whales decided to flex their muscle and manipulate the price and pull it down again. So everything is still possible.

Another scenario is that this is a bullish indicator, as we are on track of having its best second quarter.

https://cointelegraph.com/news/at-10-600-bitcoin-price-is-on-track-for-its-second-best-quarter-ever

So we might be on the road on breaking our previous all time high and setting a new one in the next coming months, 2021 perhaps.

With comparison to the rest of the market what we've been experiencing with bitcoin is simply the best. It has got good stability, but the manipulation by the Whales will be there forever. Somehow the panic wave should not arise, because out of panic there'll be big crash making opportunity for the whales. As said the even with Market manipulation there is no big drop in the value for a long. This way it is possible to reach a new ath by the start or mid of the year 2020. No surprise even if it happens by end of 2020

[hatshepsut93]

Will BTC ever drop under $10,000 ever again?

Very likely yes, we are in a bit bearish market now, and we're not that far from 4-digit territory, so we can go there in a matter of minutes, if a sudden crash will come. I don't think that the fact was above X level for Y days really means anything - people though that prices below $4,000 won't be seen ever again when the market was bullish in the beggining of this year, and then the coronavirus crash came.

[mk4]

Bitcoin staying above $10,000 is definitely great and makes it seem a lot more solid, but let's not think that because of this fact that it's going to be impossible for bitcoin to drop below $10,000. This could just give a lot more confidence for people to actually buy and hold bitcoin, but it definitely doesn't mean that people couldn't dump it to oblivion. Let's not forget that emotion is still a huge factor when it comes to pricing bitcoin and the cryptocurrencies in general.

[btc78]

Bitcoin has been above $10,000 since July 27 and attracts more young investors and crypto enthusiast. Will BTC ever drop under $10,000 ever again?

Read the article if you also find it interesting: https://www.worldcoinindex.com/news/bitcoin-makes-new-record-completes-63-days-consistently-over-10k-the-longest-period-ever

there is no interesting about Bitcoin staying at $10,000 instead this is something we must be thankful,the 5 digits value has been
denied from us almost the whole 2019( not until september) and this is why i believe that this value is much better than dropping constantly.

and besides we can also see that Bitcoin value is trying to break 11k again though it is getting hard because the Defi projects is restricting this to happen,after pandemic now this Shitcoin hype is what bringing the coins lowering.

[bestfriendyb]

I think BTC will be traded around 10k area and go up from here. There will not be 3k price anymore.

[maydna]

Bitcoin has been above $10,000 since July 27 and attracts more young investors and crypto enthusiast. Will BTC ever drop under $10,000 ever again?

Read the article if you also find it interesting: https://www.worldcoinindex.com/news/bitcoin-makes-new-record-completes-63-days-consistently-over-10k-the-longest-period-ever

Will Bitcoin drop under $10k again? Yes, of course, because the bitcoin price fluctuates. If you follow the bitcoin journey, you will see that bitcoin prices have volatility, and the price will always up and down. You can see bitcoin price can increase today, but tomorrow, bitcoin price can decrease, and that will be like that. But I guess many people like those situations because they can try to buy bitcoin when the price is down, and they can sell it when the price is up. That can be their way of making a profit from bitcoin.

We can hope that bitcoin prices can still increase more than just the price now, which will happen in the future. Even if we don't know when it will happen, we don't have to worry because bitcoin prices will increase at the right time.

[mk4]

I think BTC will be traded around 10k area and go up from here. There will not be 3k price anymore.

Sure. Just like how a lot of people have been saying in 2018 that "bitcoin will not go back down $5000". But what did we get? A Drop back down to $3000 levels. It helps a lot to not be absurdly bullish in this industry.

[Hispo]

The fact Bitcoin have managed to stay above 10k for two months is very interesting.
Probably it is a signal that its volatility is decreasing a bit, even though, I would not be surprised if dropped again. It is still a volatile asset but hopefully it will become less and less volatile as its acceptation grows.

BTC

[pooya87]

I think BTC will be traded around 10k area and go up from here. There will not be 3k price anymore.

Sure. Just like how a lot of people have been saying in 2018 that "bitcoin will not go back down $5000". But what did we get? A Drop back down to $3000 levels. It helps a lot to not be absurdly bullish in this industry.

it helps more to know when to be bullish and when to be bearish in this industry!
2018 was the year after the big ass bubble so it was the bursting year and just like when nobody can predict where the highest price of a bubble is going to be (ie. predicting $20k) nobody can ever predict when the lowest price of a reverse-bubble is going to be (ie. predicting $3k) and both of them are unrealistic and unnatural prices and just like a bubble they both burst with the difference that reverse bubbles could take longer to burst.
i'd argue that those talking about bottom (like the $5k you mentioned) were talking about value not price even if they didn't know it.

[davis196]

Bitcoin has been above $10,000 since July 27 and attracts more young investors and crypto enthusiast. Will BTC ever drop under $10,000 ever again?

Read the article if you also find it interesting: https://www.worldcoinindex.com/news/bitcoin-makes-new-record-completes-63-days-consistently-over-10k-the-longest-period-ever

1.Bitcoin will drop under 10,000 USD again for sure.We just don't know when it will happen.
2.Where are the "young investors and crypto enthusiasts"?I don't see them.Maybe there are a few new investors here and there,but that doesn't lead to a "snowball" effect,driving the cryptocurrency adoption even further.There's no impact over the Bitcoin price as well.
The assumptions about an army of new investors and crypto enthusiasts joining the crypto world are just wishful thinking without any facts.

[piebeyb]

Bitcoin has been above $10,000 since July 27 and attracts more young investors and crypto enthusiast. Will BTC ever drop under $10,000 ever again?

Read the article if you also find it interesting: https://www.worldcoinindex.com/news/bitcoin-makes-new-record-completes-63-days-consistently-over-10k-the-longest-period-ever

I just analyzed that the price will stay the same right above $ 10k, but haven't shown anything to start yet, we know the bitcoin halving has happened, this is where we wait for the surprise about it in a year after, I think it's hard to play under $ 10k again

[Mahdirakib]

OP should move this topic to Speculation. Cause anything related to bitcoin price belongs to that subforum.

Your topic is pretty reletaed to this one Bitcoin Sets Record 63 Straight Days Closing Above $10,000
If bitcoin price stay above 10k usd range for more days, it's better to discuss there rather than creating new topic after every few days.

Let's have a look at the price chart during this time. Bitcoin was going to drop under 10k at the first week of September. Actually it dropped below 10k for a while but the closing price of the day was above it. So we can ignore the fact. And I think bitcoin price will drop under 10k usd in future for sure, maybe sooner or later.

[gabbie2010]

Bitcoin has been above $10,000 since July 27 and attracts more young investors and crypto enthusiast. Will BTC ever drop under $10,000 ever again?

Read the article if you also find it interesting: https://www.worldcoinindex.com/news/bitcoin-makes-new-record-completes-63-days-consistently-over-10k-the-longest-period-ever

I just analyzed that the price will stay the same right above $ 10k, but haven't shown anything to start yet, we know the bitcoin halving has happened, this is where we wait for the surprise about it in a year after, I think it's hard to play under $ 10k again

If the price didn't go below $10K after the news of Trump and Ivanka catching Covid-19 then it going to stay above the price mark, there was a temporary dump when the news filtered out however its seem the price had started picking up, some spot, forex  pair also experienced a fall in the price that shows the strength of fundamentals news with regards to price movement and volatility.

[Yaunfitda]

I'm not really about the $10k price though, I believed that we still need another crash and then bounce back, and from then on it will be another bullish run for the market. So I still have that idea inside my head, so making me a bit cautious at the current price movement. If I'm wrong then good, at least I'm not that kind of person who think that we are going to be on the bullish side every time we hit a good price and it this case, $10k for the past 66 days.

[LimLims]

Bitcoin has been above $10,000 since July 27 and attracts more young investors and crypto enthusiast. Will BTC ever drop under $10,000 ever again?

Read the article if you also find it interesting: https://www.worldcoinindex.com/news/bitcoin-makes-new-record-completes-63-days-consistently-over-10k-the-longest-period-ever

The price of Bitcoins tbh is very much unpredictable.
If the Price increases, then it's only due to the demand of the Coin.
If the demand will be less, then gradually the price too decrease.
But deep in our heart, we all are waiting for the moment when BTC will again hit 20k USD like the 2018 December thing.
Let's Hope for the best.

[michellee]

Maybe bitcoin will drop below $10k again, but that will not happen for a long time because, after that, the price will be back to up to $10k. But there is a possibility that bitcoin price will reach below $10k, especially if many people sell their bitcoin because of panic. We hope that moment will happen, and even if that happens, bitcoin still strong to lift the price again. But if we see the price now, the dump comes again at the market, making the price down for more. These situations do not just happen to bitcoin, but many altcoins have the same thing, so that we might see another bear trend this weekend.