Bitcoin over $10,000 for the past 66 days

[Altryist]

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.

News has always influenced the price movement of bitcoin. I think, now the price was falling due to accusations against BitMEX. The CFTC has filed a lawsuit against BitMEX and its owners, accusing them of illegally doing business in the United States and violating KYC and AML rules.

a source: https://www.cftc.gov/PressRoom/PressReleases/8270-20

[leway.ph]

This is unpredictable. But you can assume for your own reference, like, if the time comes that the price drop below $10,000 for sure people will sell their coins, while big investors still remain holding theirs, beginners surely panic of the little drop off, but it is normal to feel that way, which is cause of a little by little decreasing of its value. But bitcoin is strong enough to crash down.

[bestfriendyb]

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.

But maybe time is different. I did not believe btc will go up in 2018 when people saying like that. Now, People talk much about BTC will fill CME gap.

[PonZZ]

I hope Bitcoin won't go down for a long period. But I found an article with this prediction.

Seeing today's moment the algorithm says that the price of Bitcoin (BTC) tomorrow will be around $9,704.9850.

https://www.cryptoground.com/bitcoin-price-prediction

[worldofcoins]

This is unpredictable. But you can assume for your own reference, like, if the time comes that the price drop below $10,000 for sure people will sell their coins, while big investors still remain holding theirs, beginners surely panic of the little drop off, but it is normal to feel that way, which is cause of a little by little decreasing of its value. But bitcoin is strong enough to crash down.

I am glad to see the price is stable but we can't say anything since its volatile.
Its been 3 months and the price is still above $10k which can be considered as a good sign of growing bitcoins.
It's giving confidence to a new investor but it doesn't mean they put all their money into it.
Volatile means anything can happen anytime. We all can hope that the price will increase more in the future.

[ekeh]

Bitcoin is a digital assets, which many industries and individual need for trading and purchase of goods and services, therefore bitcoin movement has been maintain the price range of 10,000 for mare than 2 months now.  Hopefully with a little time bitcoin price break out from the current price.

[verita1]

The current price of Bitcoin is well in relation to the price we observed at the beginning of the pandemic. Although it has had a setback I am optimistic that we are in a bullish race. The best expression about Bitcoin is that its price is unpredictable. Bitcoiners have a long experience of its behavior which makes them strong and consistent with their support.

[MCobian]

This article is quite interesting, it's true that since the end of July until now Bitcoin has always been above the price of $ 10,000.
This proves that Bitcoin's performance in two months is very stable, this is what makes some new investors start to be interested
in investing in Bitcoin. Especially if Bitcoin at the end of this year is able to return to a price of $ 12,000. I'm sure more and more
investors will decide to buy Bitcoin. Based on my analysis, the Bitcoin price will no longer fall below $ 10,000. Because Bitcoin price
support at $ 10,200 is very strong.

[claire_lovely]

I could really see Bitcoin reaching $1,000,000 eventually, usage will only keep growing.

[michellee]

I could really see Bitcoin reaching $1,000,000 eventually, usage will only keep growing.

That is the highest price for bitcoin to reach in the future. We don't know when bitcoin price can touch that price, especially the bitcoin price is still below $15k. But who knows, our dream to see bitcoin price will be at that price in the future, we will have much money, especially for people who own many bitcoin in their wallet. So before the bitcoin price increases, we should buy more and more bitcoin, but we always need to calculate and manage how much money we should invest in bitcoin. Bitcoin price still stable until now, and it doesn't give much moving at a price. But the time will come for bitcoin price to increase.

[coolcoinz]

When we went above 10k in 2017 I believed that a drop to 10k would already be big and there would be no need to fall lower, so of course it's possible to go lower as Bitcoin depends on the world economies, stocks, fiat currencies, politics... One thing is certain, the lows are getting higher. While last year 3k was the low, this year the price seems to hold 5k pretty good. There was a small spike below but it was the result of low liquidity on exchanges. I feel like at this point if anything goes wrong we'll still bounce back from 5 or 6k. Next year you can expect even higher lows.

[carter34]

The price of $10,000 is not stagnant. Bitcoin is volatile and can move in any direction. Don't be surprise if it goes far beyond $10,000, is just the way sometimes.

I could really see Bitcoin reaching $1,000,000 eventually, usage will only keep growing.

It is not that this is impossible to happen but it depends on the time that you have for it which is lacking in your post because you didn't provide it.

[FlightyPouch]

What we know is that the price of bitcoin is not that easy to predict. With the attention it is getting from some time now, I don't think it would fall under $10K now, I don't even think that we might be seeing another 4-digit price this year. The price is still pushing above $10K, earlier we can't go above $12K, right now the price is also sliding down at $11K, but still, I don't think it will be under $10K/

[mk4]

But maybe time is different. I did not believe btc will go up in 2018 when people saying like that. Now, People talk much about BTC will fill CME gap.

Well, that's the point. No one knows what will happen in the future, and bitcoin being somewhat "stable" and not dropping below a certain pricepoint in 2 months doesn't mean that it couldn't drop down that pricepoint some time in the future. Some people are really misunderstanding and making bad conclusions using this information.

[worldofcoins]

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 are fewer chances for bitcoin to fall again.
Many markets and banks start accepting it which means more people will invest in it.
I can see a bright future of bitcoin since its stable and not going down. It's volatile but it also give the green signals to all investors.

[int03h]

The longer it stays above $ 10,000, the stronger will be bitcoin's bullish potential. I'm very optimistic that BTC will grow to a new ATH soon.
This week we had two bad news: Bitmex Exchange was accused of money laundering and US President contracted COVID 19 Virus but Bitcoin did not depreciate much. We can see the current $ 10,000 level very solid.

[DrG]

Are you guys forgetting BTC sitting in the doldrums between $160 and $450 for essentially 2.5 years? People already now know the halvenings increased prices the last 2 times so I can assume the next halvening will not do anything to the price. More government support or bans (yes both of them) will drive price upwards. Seems many countries are happy to back it once they know they can securely collection taxation from trading.

[mk4]

But it not growing for the last 4 weeks. We need to fix this

There's nothing to "fix" necessarily. It's just that people haven't realized the importance of a disinflationary and permissionless currency. Though hopefully they will sometime in the future; though unfortunately most will realize it when it's already too late.

With that said, you can definitely help speed up adoption. Create a good bitcoin-related product that will help educate or make the lives of people better.

[iv4n]

Are you guys forgetting BTC sitting in the doldrums between $160 and $450 for essentially 2.5 years? People already now know the halvenings increased prices the last 2 times so I can assume the next halvening will not do anything to the price. More government support or bans (yes both of them) will drive price upwards. Seems many countries are happy to back it once they know they can securely collection taxation from trading.

I didn't forget that, I was here in that time! People talked about how $1k is impossible, how $500 if far away! Look where we are now, for two months over $10k, I would say it's a new bottom, from here bitcoin can just go higher. And halving will affect the price, not right away (halving never had effects on the price in the first months after halving). Believe me, we still wait to see the effects of the last halving on the price, and with this new bottom next year have chances to be really crazy for the entire crypto market and all of us!
Nice read, short and positive article for all bitcoin lovers!

[DrG]

Are you guys forgetting BTC sitting in the doldrums between $160 and $450 for essentially 2.5 years? People already now know the halvenings increased prices the last 2 times so I can assume the next halvening will not do anything to the price. More government support or bans (yes both of them) will drive price upwards. Seems many countries are happy to back it once they know they can securely collection taxation from trading.

I didn't forget that, I was here in that time! People talked about how $1k is impossible, how $500 if far away! Look where we are now, for two months over $10k, I would say it's a new bottom, from here bitcoin can just go higher. And halving will affect the price, not right away (halving never had effects on the price in the first months after halving). Believe me, we still wait to see the effects of the last halving on the price, and with this new bottom next year have chances to be really crazy for the entire crypto market and all of us!
Nice read, short and positive article for all bitcoin lovers!

Although bottoms for BTC have no basis in the real world unlike real mined materials like copper, I think $3k is the new $450 and $1200 is the new $160. Remember the $160 only hit because of a fat finger on BTCe. The rest of the time it was mostly above $200. The mostly is $3k where it stayed above for 1 year, and then recovered to $650-$750 pattern before the halvening hype.

I'm going to forget I sold at $5 after recovery from $2