Bitcoin broke $13k today

[Francis Freeman]

Will is stay above $13k this time?

The price is already dropping so I think it won't stay that much and will probably settle around $12,000 which is still nice. But who knows, we might reach $14,000 this year. I think Paypal really did gave a significant impact on the price of Bitcoin because it gave more option for people to buy cryptocurrency. Not only that, there's just so many articles being written right now that is hyping Bitcoin. Even billionaires are making statements about Bitcoin in a positive way. Just google search Bitcoin news and you'll see a bunch of FOMO articles around.

The 13000 hit was a great sight for the bull market. Definitely looks like the PayPal news has lifted the entire markets sentiment. It wouldn't be that bad if we consolidated around 12k to 12.2 k for next fortnite before we got the next leg up.

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[Caltha Chen]

From the trend of the chart, I think the high was being adjusted, it tended to callback.
Do you think there will be a big plunge tomorrow?
From the view of the market Bitcoin deriveratives, many exchanges like BitOffer, Binance, Huobi, started to launch the Bitcoin funds to cater to the market. it is because they guess Bitcoin will not keep peace in uptrend this time and many people will lose way in the bitcoin change and they catched the market pain points also.
So I think the rest of this year, the funds investment with relatively fixed interest and even capital and interest guaranteed, will be popular.
What do you think?

[elisabetheva]

Will is stay above $13k this time?

The price is already dropping so I think it won't stay that much and will probably settle around $12,000 which is still nice. But who knows, we might reach $14,000 this year. I think Paypal really did gave a significant impact on the price of Bitcoin because it gave more option for people to buy cryptocurrency. Not only that, there's just so many articles being written right now that is hyping Bitcoin. Even billionaires are making statements about Bitcoin in a positive way. Just google search Bitcoin news and you'll see a bunch of FOMO articles around.

if the possibility of a fall it could happen again because it is true that the end of the year is still 2 months away, we know bitcoin has been moving up and down quickly several times.
I actually believe that the price that will be obtained from bitcoin at the end of the year is $ 15K, and this is not the highest time because if we see the halving several times then next year is a time when a sharp increase will occur.

[Haunebu]

BTC reached this mark naturally this time around when compared to the crazy rise back in 2017 which is why not many crypto enthusiasts like myself are surprised by this due to which there hasn't been much talk about it.

This natural progression is beneficial to the cryptocurrency ecosystem on the whole. It just proves that the pandemic has helped crypto like BTC, ETH etc gain more popularity. It will probably retreat back to $12K and slowly crawl back to $13K soon.

[Gotumoot]

Are we going to see it move towards $14K? the price is still near $13K so there is a huge chance that it could go up and stay above $13K.
Do you think this has something to do with Paypal accepting Bitcoin?

[bitcampaign]

I think it will go above $ 15k in the near future, I saw bitcoin price correcting and stabilizing for so long yesterday that many new investors came with big bucks to buy it back, so let's wait for new surprises from bitcoin apart from news coming from paypal and others

[shamimal93]

I'm sure no one can say for sure whether the price of Bitcoin will be above $13k.  Because the price of Bitcoin is never fixed.
 However, it can be said with certainty that the price of Bitcoin will be above  $10k.  Because the price of Bitcoin has been above $10k for the last few months.  But no one can say for sure that this price will be stable.  If you take a good look at DdmrDdmr's post and read his chart well, you will understand everything clearly.

[traderethereum]

Will is stay above $13k this time?

The price is already dropping so I think it won't stay that much and will probably settle around $12,000 which is still nice. But who knows, we might reach $14,000 this year. I think Paypal really did gave a significant impact on the price of Bitcoin because it gave more option for people to buy cryptocurrency. Not only that, there's just so many articles being written right now that is hyping Bitcoin. Even billionaires are making statements about Bitcoin in a positive way. Just google search Bitcoin news and you'll see a bunch of FOMO articles around.

The 13000 hit was a great sight for the bull market. Definitely looks like the PayPal news has lifted the entire markets sentiment. It wouldn't be that bad if we consolidated around 12k to 12.2 k for next fortnite before we got the next leg up.

Bitcoin price increasing this week shows us how strong the bitcoin and the price will rise more than now.
I am sure the price will not just stop at that price, but it will break every barrier, and the price will make a new ATH.
Although we don't know when the new ATH will happen, we could still follow bitcoin's journey, and we can profit from every increase in the price.
I think we will see another good news in the future that can lift the price to the high price, so people out there will see that bitcoin is not a scam, and bitcoin can help people to make money.
But it seems, the price doesn't directly increase and break $13k again because the price now held not to grow. Maybe the price waits for another good time to rise.
So while bitcoin price needs more time, we can take a break for a while and enjoy our profit.

[pixie85]

I think it will go above $ 15k in the near future, I saw bitcoin price correcting and stabilizing for so long yesterday that many new investors came with big bucks to buy it back, so let's wait for new surprises from bitcoin apart from news coming from paypal and others

15000 is not much of a resistance. There's really no resistance between 14000 and 17000 and even 17 is a weak resistance barely touched in 2017 dead cat bounce.

If we're able to break 15 thousand a shot at 20 is coming for sure.

On the other hand if we form a double top at 14 thousand it's going to be Jul 2019 all over again.

[Marina5]

As the price of Bitcoin continues to rise, it seems that the price will continue to rise for some time.  In this case, we should hold Bitcoin and help to increase the price. Hopefully Bitcoin will hit $15k-$16k very soon.

[Qcrypto]

I remember the start of this year (2020). Things were pretty optimistic, Bitcoin price had a steady growth then the Covid-19 hit. Prices plunged to almost All-Time-Low.

Rebounded pretty quickly and everyone blamed Covid for it. Partly true.

Then they announced a new pandemic wave in the summer. This time everyone expected for price to drop, but it did not.

Now we have the newest pandemic wave and Bitcoin does not seem to be affected. YET.
To be honest, Stock market was not affected by new waves as well, just the first one


If Bitcoin can pull through this wave unaffected, we are in for a pretty sweet 2021.

[onecall123]

I think it will go above $ 15k in the near future, I saw bitcoin price correcting and stabilizing for so long yesterday that many new investors came with big bucks to buy it back, so let's wait for new surprises from bitcoin apart from news coming from paypal and others

Wishing that 15k could be seen in this year itself and close above 15k by year end would be the big thing for the bitcoin. It had some ups and down and found it hard to broker that 12k and took some months to finally break and cross 13k levels as well. Hoping that not much profit booking happens else we would also have panic sellers participate in that and will fall further.

Even over 15k is attainable for bitcoin, paypal news make this things happen while we're fighting to break 13k. Just takes a couple of more organizations to purchase up a few billion worth of Bitcoin and we'll be another level. Panic sellers are already is on the field as we're keeping 13k just for few moments.

[sayaya17]

Lately, I am happy to observe crypto price movements in the market especially bitcoin and there is no reason to say no to observing altcoins such as ethereum or LTC, for example, where they are also starting to wake up.
But I’m not a good expert. But when bitcoin can break through the price of $12000 it can even get to $13000 it becomes recent news to talk about.
And not a few of us regretted it when they sold it a few days ago for $11,000. Well, bitcoin can’t be guessed because reach the price of $13,000 quickly.
It will definitely come back again, it could even be more than that value. All we need is time. When
someone holds their investment in bitcoin to this day, I’m sure surely they will wait for bitcoin at ATH price.

[FlightyPouch]

Don't actually know what will happen but in my opinion, it won't go higher than $13K this year. Its been sometime before we faced this price and I think it would still need some time before we broke the resistance of $14K. For now, I will just keep on holding and keep on being aware of the changes since we never know where will the trend goes.

[hridoyb]

Sometime today, Bitcoin broke the $13k barrier and then retreated back to $12.8k.

This is Binance screenshot and now that I'm watching it, seems like it broke $13k almost a day ago.

But I'm not seeing any posts about this on the forum so I'll just post it.
Total market cap also went over $400B which is cool.

Will is stay above $13k this time?

Bitcoin price depends on crypro news  and most of the bitcoin dump only for negetive feedback.Bitcoin price always out of control so we cannot   know whats happen next..I hope and believe  that bitcoin wil be back to place and broken all previous  record.

[hossamdz]

Long story short , we see that bitcoin price is moving above 13k $ levels , according to technical analytic basics , if the price can hold on for another few days , maybe a week above that level with the same volume , i can say that the road is clear to 14k $ then later we can see 20000$ again ..

[kentrolla]

After dropping to little from nearing13k earlier this morning, the digital currency is been trading between 12.5k to 13k, at this point of time investing in crypto coins or tokens are highly speculative and the market is unregulated.

A lot of analyst and so called experts say BTC will go over 15k but we need to be very careful until the market turnsgreen. So don't take risk by buying in hurry...

[cheezcarls]

The recent Paypal announcement might be the possible key factor behind the spike of BTC to $13k. However, as of this time of writing, it pulled back to $12,700+. I'm calling $13,200 as it's current resistance level. The growth of Bitcoin's price was kinda parabolic, but I'm impressed about the bulls making sure that it won't go down too much (but again there would be no guarantees on how long the price can stay on its current level).

[Becky666]

It was a nice moved from Bitcoin becasue it was long awaited for. Although, this was a FOMO from PayPal announcement about their involvement with Bitcoin. We all know that PayPal made their proclamation that effect from 2021 they will integrate the buy and sell of Bitcoin into their system, this caused the FOMO few days ago, which those who have been waiting for Bitcoin dips before buy went into the market with the FOMO. Hope we see another all time high before the end of the year 2020.

[Chris Barth]

I doubt it'll stay above 13k; at least not for long. However, if it stays over 13k for long then its chances of going below 13k will become small(my thoughts tho). BTW, Those who claim they can predict bitcoin, seem they're nowhere to be found. Lol. The market has been going in opposite directions from what we've been hearing.