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Author Topic: Bitcoin over $10,000 for the past 66 days  (Read 1156 times)
UmerIdrees
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October 04, 2020, 10:00:24 AM
 #41

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

This might be biggest mistake of your life. I understand at that vey money you would have been very happy that you have not only recovered the loss but also sold the bitcoins at a profit of 3$. But now you will regret that if only you could have saved the bitcoin until 2017, you would have sold it for 19000$+.

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October 04, 2020, 10:17:10 AM
 #42

Indeed this is a new record since last year we had the stronghold on $8,000+ which is hard to decline. Now the good thing about the price of BTC in the market is the $10,000 mark which has the longest streak since the beginning of this year. This is a good indication of the best is yet to come if the price won't decrease in this last quarter of this year. Maybe the next time it drops its price will be the last time and it might continue to increase to the point of we are recording a new ATH. so keep holding guys, we will not see the $8,000 mark again if we hold firm to our purpose of not selling it at the low price.

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October 04, 2020, 10:48:04 AM
 #43

Just like any other bitcoin investor I hope for the price to break this resistance area and go up. But according to the TA is made a few days ago I think bitcoin currently needs to fill the price gap on 9700 usd and then we can see the higher prices. However, since the price is kinda stable right now I can't expect to fill the gap at this time. However, according to the ATR rules, after these spin movements it's completely possible to see a sharp movement on the price.

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October 04, 2020, 12:07:51 PM
 #44

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

This might be biggest mistake of your life. I understand at that vey money you would have been very happy that you have not only recovered the loss but also sold the bitcoins at a profit of 3$. But now you will regret that if only you could have saved the bitcoin until 2017, you would have sold it for 19000$+.
Who really knows what would be the future of bitcoin?6-7 years after before it really bloomed and make a $20,000 value.

All of us had sold Bitcoin at very low and when the value hit that highest?

we all felt bitterness and regret the very moment we sold our precious bitcoin but this needs to happen.
because now we value the coin as what we have to do years before.
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October 04, 2020, 12:45:48 PM
 #45

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.
Well, nobody can tell at the moment because the Bitcoin market hasn't been growing positive due to series of issues in the community. Currently we have been around $10.8k and below but the issue here is, the market might go down because Bitcoin is finding it very much difficult to cross the $10.8k. So, logically the price of Bitcoin can't be said because its not a stablecoin and at that, it's a volatile coin, bitcoin can either go up or down anytime without our consent.

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October 04, 2020, 12:51:18 PM
 #46

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.
Well, nobody can tell at the moment because the Bitcoin market hasn't been growing positive due to series of issues in the community. Currently we have been around $10.8k and below but the issue here is, the market might go down because Bitcoin is finding it very much difficult to cross the $10.8k. So, logically the price of Bitcoin can't be said because its not a stablecoin and at that, it's a volatile coin, bitcoin can either go up or down anytime without our consent.

There has being some drop in the price and back to 10600$ now. It is not finding the resistance above it seems and may be first target will be crossing the 11k mark and then 12k would be the next big huddle. Expecting this year end to close above 12k atleast and if that happens will be a good boost for all of us.

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October 04, 2020, 05:34:58 PM
 #47

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 hope that Bitcoin would stay above $10,000. It's now a critical level for BTC to start a bull run by maintaining the price above $10k. I know that the market cannot be predicted easily, and anything could happen like we were wrong about Bitcoin maintaining the $10,000 level.

For me, there's a possibility that it would go below $10k briefly, but may go back up again. It depends on the recent and upcoming circumstances that is happening around the Bitcoin and crypto world these days.

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October 04, 2020, 06:02:17 PM
 #48

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?

It is indeed that it has been too long since Bitcoin have reached its $10,000 price mark which is really good for it do attracts new comers that wanted to get engage into it as well as potential investors finding alternatives since the stock market have been affected by the current can crisis and situation our world is facing as of the moment.

With regards to if Bitcoin will ever drop again under $10,000, yes the possibility is always right there for its price is volatile and we cannot deny that fact for Bitcoin possesses such characteristic as well as the other existing crypto. But we must just hope for the best things to happen although we must be ready and open for the possibility that it might just happen in no time.


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October 04, 2020, 08:41:34 PM
 #49

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?

It is indeed that it has been too long since Bitcoin have reached its $10,000 price mark which is really good for it do attracts new comers that wanted to get engage into it as well as potential investors finding alternatives since the stock market have been affected by the current can crisis and situation our world is facing as of the moment.

With regards to if Bitcoin will ever drop again under $10,000, yes the possibility is always right there for its price is volatile and we cannot deny that fact for Bitcoin possesses such characteristic as well as the other existing crypto. But we must just hope for the best things to happen although we must be ready and open for the possibility that it might just happen in no time.


Analysts predict both growth and decline. But most people predict the growth of bitcoin, should they be believed? I don’t think Bitcoin will drop below $ 10,000, but what could accompany the rise? How much will the same virus affect Bitcoin?
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October 04, 2020, 10:41:32 PM
 #50

Analysts predict both growth and decline. But most people predict the growth of bitcoin, should they be believed?
Your choice of believing them. As you've said, they are all saying a prediction and analysis. It can change over time without any notice.

I don’t think Bitcoin will drop below $ 10,000, but what could accompany the rise?
Just like the first statement, you are also predicting or speculating and that's fine. IMO, I don't like to see it go down below $10k again but we can't control the prices. It's a game of supply and demand, hopefully, the demand rises more.

How much will the same virus affect Bitcoin?
I don't believe that the covid-19 existence has any correlation to the bitcoin price. Stimulus? it could be the effect but the market's been doing good before it came.

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October 04, 2020, 11:53:55 PM
 #51

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

You don't need to worry about the price of Bitcoin, because in my opinion $10,000 is a price that is easy for Bitcoin to reach and I believe the price of Bitcoin will be able to reach $20,000, therefore if you have Bitcoin then I suggest you to hold and wait until the price increases very high even though maybe it will take a long time, because I believe the price of Bitcoin can reach $20,000 or even higher than that.

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October 05, 2020, 05:03:51 PM
 #52

Do you think the BTC price will grow enough by the end of this year?

I think so because bitcoin is still at a higher value until now. It will soar high until end of this year and reach more than $15k or it will reach another ATH in my view. Let's just trust that bitcoin will continue give us a positive outcome this coming Christmas season.

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October 08, 2020, 07:31:19 PM
 #53

Dont believe people tell Bitcoin will rise that much. Its a big difference in market cap and how much invest is needed to change the price from 100 $ to 1000$ then 10.000$ to 100.000$.

And forget this stupid Stock to flow model. 18 Millions of BTC are awaiable every single secound (ok maybe 5 Mio lost). That not the same as the gold ring of grand father...

When we are really really lucky, price will rise back to old ATH or maximum 30% above in years.

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October 08, 2020, 07:39:51 PM
 #54

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

Correction will always be in an upward condition, because until now the highest price at 11000 is still not broken, many analysts say that bitcoin will return to correction at 9800 if the price movement has not been able to penetrate the 11200 price area, of course this is very reasonable if We can see from the previous year's history that bitcoin was more likely to experience a correction in Q4 and resumed its trend at the beginning of the year, but it is not certain that it will be like that because anything can happen.
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October 08, 2020, 10:55:36 PM
 #55

I think bitcoin might not go below 10k, but if it do go this low it can then go lower even more.
Or it can recover past 10k again.

Also bitcoin go to 15000 very quickly,like in 13 days from now. But if it do not then it will stay as it is now, or rise, or even get lower( Which we don't like)
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October 09, 2020, 12:53:29 AM
 #56

No one can predict the value of the bitcoin or any cryptocurrency, it is volatile and it changes its value time by time, so there is still a possibility that it may go down from $10k and can go up as well. I think that it can reach $20k within this year, if this would happen then there would be many people who will earn a big profit.

Even though a famous or well-known person in cryptocurrency predicts the value of it for the future, you still don't need to believe them because they are just assuming and there is no big possibility that it might happen.

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October 09, 2020, 01:14:48 AM
 #57

We may not be "mooning", so to speak, but it's quite telling how stable bitcoin has been over these past few months.  I found bitcoin sometime around 2013/2014 and it's always been a volatile currency/asset and as I financial advisor who scrutinizes all financial products for a living, I've at time had a hard time believing it would every one day become a legit currency, but this price stability is really proving it's day is coming.

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October 09, 2020, 02:36:35 AM
 #58

We may not be "mooning", so to speak, but it's quite telling how stable bitcoin has been over these past few months.  I found bitcoin sometime around 2013/2014 and it's always been a volatile currency/asset and as I financial advisor who scrutinizes all financial products for a living, I've at time had a hard time believing it would every one day become a legit currency, but this price stability is really proving it's day is coming.
Bitcoin still not control their self and always change after get bad news from politics and world economic, we know when Donald Trump positive covid 19 make bitcoin drop more than 10% and altcoin allow dump too, but now we need waiting good news again with politically how to make bitcoin could strong and have higher price. There not specific way if all investor buy and hold will make bitcoin keep higher price after get bad news from political.
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October 09, 2020, 04:07:38 AM
 #59

Bitcoin still not control their self and always change after get bad news from politics and world economic, we know when Donald Trump positive covid 19 make bitcoin drop more than 10% and altcoin allow dump too, but now we need waiting good news again with politically how to make bitcoin could strong and have higher price. There not specific way if all investor buy and hold will make bitcoin keep higher price after get bad news from political.

Way back before, these news could impact bitcoin too much that we could see it with the huge volatility and market price change. Right now, will all the negative news concerning different major bitcoin exchanges, politics, and the covid 19, we can see bitcoin being stable and strong. That might be because people around the world have already established their trust that they will rely on bitcoin no matter what happens. In fact, this people's trust is what really makes bitcoin strong, so right now, we can see bitcoin going up again in the market and might as well all of the best altcoins.
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October 09, 2020, 02:09:20 PM
 #60

Bitcoin still not control their self and always change after get bad news from politics and world economic, we know when Donald Trump positive covid 19 make bitcoin drop more than 10% and altcoin allow dump too, but now we need waiting good news again with politically how to make bitcoin could strong and have higher price. There not specific way if all investor buy and hold will make bitcoin keep higher price after get bad news from political.

Way back before, these news could impact bitcoin too much that we could see it with the huge volatility and market price change. Right now, will all the negative news concerning different major bitcoin exchanges, politics, and the covid 19, we can see bitcoin being stable and strong. That might be because people around the world have already established their trust that they will rely on bitcoin no matter what happens. In fact, this people's trust is what really makes bitcoin strong, so right now, we can see bitcoin going up again in the market and might as well all of the best altcoins.
I've the same feeling. Having confidence over bitcoin all around the globe previously settled, people become more smart and there large part of users rely on it. They don't listen rubbish discussion, news to destroy market. It's right to say market is more established than any time before. Bitcoin has been consolidating for the most recent month and here we're simply trusting some bullish move.

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