Bitcoin broke $13k today

[Adhar]

btc looks good  right now & almost touched 13k$ marked.i feel happy as a crypto lover for bitcoin movement. i hope its going continue. i see now btc 2% down in 24 hours,but i dont wants to more down. good luck all

[kamadazje]

There is always a setback especially if the bitcoin price will likely to skyrocket in just a short period of time, this is what I notice to the market and I am not so sure if this was because of the traders.

Breaking the 13k$ price is already a good start to trigger the bull season if we can maintain this hype, let's just hope that there will be no big setbacks that will drag down the bitcoin price to below 12k$ again.

[CASTIEL05]

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?

it is a good sign that the market is recovering from the past losses. However, altcoins are still dumped. They can`t manage to go up even the bitcoin is increasing. As of now, bitcoin is positioning at the 12800 to 12900 usd area. We don`t know what happens next but I think it gonna move down first before we take of again. Hopefully, the next few years we will see a new ATH again in bitcoin. It seems like its price is overpasses by faming and yield coins in binance such YFI.

[geyayy]

The graph looks good, and hoping for more pumps. To all those who have bitcoins, hodl more guys! We should and always hope for the best for crypto currencies.

[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

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.

If I didn't misread from some analysis that the price of bitcoin would be very easy to go now, it's just that it might still give people the opportunity to take it at a cheap price today, as someone said the train is not really fast at the moment, but it will be surprising. in the near future

[DrG]

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.

Yes but those people who were considering selling at high 11's are now going to begrudgingly hold onto the BTC. Just look back in the thread and see the post about somebody kicking themselves for selling at 11.7. This is a coin that was sub 3 earlier this year.

It could be election jitters or maybe it's real small time buyers scooping up after sitting on the sidelines for 2 months. Either way it looks like there is more activity this month. October always fun Surprised no DJ crash yet (maybe covid sitting in its place).

[LimLims]

Bitcoins price is never fixed.
The one that affects it's price are we the Traders.
If we buy more Bitcoins then the supply will become less, this will help to increase the price.
So in the last few days as many of us made high Trades on BTCs that's why the price got up high.
But let's keep our hope and pray that bitcoins stay above 13k USD, so that we can get more profit.

[iv4n]

Bitcoins price is never fixed.
The one that affects it's price are we the Traders.
If we buy more Bitcoins then the supply will become less, this will help to increase the price.
So in the last few days as many of us made high Trades on BTCs that's why the price got up high.
But let's keep our hope and pray that bitcoins stay above 13k USD, so that we can get more profit.

Well one more thing is contributing to this year rise, some top public companies have adopted bitcoin as a reserve asset! Here you are a few links about it:

-October is a time for surprises. On Oct. 8, right on cue, mobile payments giant Square, which boasts a market cap of $86.6 billion, announced that it had invested $50 million in Bitcoin (BTC). Five days later, asset manager Stone Ridge Holdings, which manages over $10 billion in assets, disclosed that it had purchased more than 10,000 BTC, worth around $114 million, as part of its treasury reserve strategy. Source: https://cointelegraph.com/news/the-next-big-treasure-corporations-buy-up-bitcoin-as-a-treasury-reserve

-When Microstrategy Inc. bought $425 million bitcoin in the last two months, the decision became an important stamp of institutional approval of the top crypto’s credentials as a mature, safe-haven asset. The American technology firm had just made bitcoin its primary reserve asset to hedge against fiat inflation. Now, it appears major global companies are following Microstrategy’s bitcoin strategy. Source: https://news.bitcoin.com/here-are-the-top-public-companies-that-have-adopted-bitcoin-as-a-reserve-asset/

You could see news about this in the past months! Almost every month we have some nice surprise from the big guys, and it's the beginning of the next wave, that can be greater than the one in 2017! Basically we talk about it here for years, bitcoin made amazing progress in the last 10 years, and that was all from people, enthusiasts, small and micro business... next wave will be started by big companies and corporations! And this is exactly what we see happening around!

[btc78]

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?

But fell down again just a day after this Breaking the new High at $13,184

https://coinmarketcap.com/currencies/bitcoin/

actually there are other posts it's just happen that you made it first in posting this,but normally people tend to post whenever
 the price go high or down so maybe community doesn't care anymore in small movement because everyone is looking
for another High or another Dump.

[dansus021]

I was playing around with CoinMarketCap’s data earlier today, to see how many times (days) a certain threshold had been surpassed, with disregards to the supporting reasons and trends.

I make it as follows:

Code:

Year      10k     10,5k   11k     11,5k   12k     12,5k   13k     13,5k   14k     14,5k   15k     
2020      100     82      57      39      8       1       1       0       0       0       0       
2019      86      54      34      24      12      4       3       1       0       0       0       
2018      53      46      43      33      20      18      17      16      15      12      9       
2017      34      33      32      30      27      26      26      26      26      24      21      

- Data as of yesterday, in USD, based on whether the High value equaled or surpassed the threshold value.
- Columns represent the threshold to surpass, rows the year, inner cells the number of days on which the threshold was surpassed.

Too early to tell.

Nice Graph and yes still need to wait and don't panic sell i think in this point we should buy more bitcoin and sell it at 13.5 K or we can sell it on 15 K  and no money no party

[sarmrakib]

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?

it is a good sign that the market is recovering from the past losses. However, altcoins are still dumped. They can`t manage to go up even the bitcoin is increasing. As of now, bitcoin is positioning at the 12800 to 12900 usd area. We don`t know what happens next but I think it gonna move down first before we take of again. Hopefully, the next few years we will see a new ATH again in bitcoin. It seems like its price is overpasses by faming and yield coins in binance such YFI.

Yes we are now at the level of around 13k$ for few days but i don't think it will get a huge down as market are going through uptrend .Its true altcoins has seen dump momentum but its not huge on downtrend so it is a good movement of market .Hopefully we will see a new ATH level on btc in upcoming years .

[posi]

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?

it is a good sign that the market is recovering from the past losses. However, altcoins are still dumped. They can`t manage to go up even the bitcoin is increasing. As of now, bitcoin is positioning at the 12800 to 12900 usd area. We don`t know what happens next but I think it gonna move down first before we take of again. Hopefully, the next few years we will see a new ATH again in bitcoin. It seems like its price is overpasses by faming and yield coins in binance such YFI.

Yes we are now at the level of around 13k$ for few days but i don't think it will get a huge down as market are going through uptrend .Its true altcoins has seen dump momentum but its not huge on downtrend so it is a good movement of market .Hopefully we will see a new ATH level on btc in upcoming years .

The market couldnt maintain the $13K price range for long which is a sign that anything is possible despite the uptrend that the market is experiencing through Paypal shifting to cryptocurrency announcement which has also led to commotion within crypto community cause people different opinions about the paypal statement.
With that been said, $13K seems to be the current resistance level of the market but what happens from now till Midweek will prove if the uptrend is for real or just a little sparkles.

[XCANA]

~~~
Will is stay above $13k this time?

No!, Bitcoin market with volatility won't allow it stay above this price of yours, as a matter of fact the market has went down bellow your prediction. Currently the market might have retrenchment from it current price of $12.8k before another positive move like what we see in the past. Something is likely to make the current market downward which could make Bitcoin loss closely $500 before the real stuff in the month of November, 2020.

[dificanovi]

yes bitcoin has been rising slowly, we will see that in the next few weeks or months the price is definitely higher. I think bitcoin can hit $ 15k in the next few months, I see some investors coming to the exchange to invest in cryptocurrency, this will support the price of bitcoin to be more expensive, besides that some companies and other payments have accepted bitcoin as a means of payment, this is is a great future for bitcoin.

[Mahdirakib]

The continuous growing process of bitcoin price has stopped after reaching that point. Bitcoin have reached this mark after the news of PayPal, we all know about it. Now the price staying around 13k usd. Next movement of crypto market will make the real impact in bitcoin price. We may see a small fall back soon. It's just my thought.

[YuginKadoya]

This is a good start for Bitcoin to pierce again to the $13K USD and right now the price is at $12,991.07 USD if this continues could we possibly able to see another record of $19,783.06 USD all-time high that has been marked in the history of Bitcoin on 17 December 2017? or this is just a false bull run? and may still go down due to the fact that we are still on a Pandemic? well, I wish we can see another All-time high that may penetrate this time to $20,000 USD.

[TopTort777]

The pressure from fomo is getting more and more heavy

This is not the first time we are reaching $13k and going back. Hope we will start next week with $13k and continue growing. What worries me is the growth of covid-19 cases. Hope this wont be a reason to go down.

[MCobian]

I was quite surprised by the increase in Bitcoin price above $ 13,000. Because the increase was so fast,
many say the increase in the price of Bitcoin is due to news related to Paypal accepting cryptocurrency.
Although it may be true that news related to Paypal is the trigger for the increase in Bitcoin, but indeed
since the pandemic occurred, the crypto market has entered a bullish trend. So sooner or later the Bitcoin
price will definitely pump.

[proTECH77]

Bitcoin is so different from other cryptocurrencies in terms of pumping.
I nearly release my coins to market last month if not I listen to my research that make me understand that this is the season of bitcoin to top every cryptocurrencies in the market.
It was not a surprise to me that bitcoin is pumping and other is reducing because we are in bitcoin season. I think bitcoin will still bull more than this since they just newly legalized PayPal account to their users in the forum.

[MainIbem]

I was playing around with CoinMarketCap’s data earlier today, to see how many times (days) a certain threshold had been surpassed, with disregards to the supporting reasons and trends.

I make it as follows:

Code:

Year      10k     10,5k   11k     11,5k   12k     12,5k   13k     13,5k   14k     14,5k   15k     
2020      100     82      57      39      8       1       1       0       0       0       0       
2019      86      54      34      24      12      4       3       1       0       0       0       
2018      53      46      43      33      20      18      17      16      15      12      9       
2017      34      33      32      30      27      26      26      26      26      24      21      

- Data as of yesterday, in USD, based on whether the High value equaled or surpassed the threshold value.
- Columns represent the threshold to surpass, rows the year, inner cells the number of days on which the threshold was surpassed.

Too early to tell.

From this table, it is clear that BTC has stayed above 9k for the most part of 2020. That is a pointer that the FAMO of BTC halfing is real.