Bitcoin broke $13k today

[Paradise25]

BTC will still retest 12500  level (my analysis from D1), before it will continue it upward trend. The trend is still bullish though but we must know that market doesn't move in a particular direction. We must not also forget the 3 market directional move ( Retracement, Consolidation and Continuation), as well as market Circle.

[DavidSmlth]

It´s really awesome to see the bitcoin currency growing. It must grown even more since more online and local shops are accepting it as a payment method.

[isaac_clarke22]

13k is like a hard reach for Bitcoin, and I would expect that it will still fall down by a bit to 12.9 although that's just my guess, because it seemingly like stretched really hard to reach 13k at exact though it is a good price to sell a few of my coins but meh gonna keep holding my coins cause this time's are still quite tight for my coins to get out of my wallet right now.

[acdc]

It´s really awesome to see the bitcoin currency growing. It must grown even more since more online and local shops are accepting it as a payment method.

Bitcoin and the cryptocurrency are proving that it's an irreversible trend. People are taking a more positive view of bitcoin, as evidenced by the recent price appreciation of bitcoin.
If bitcoin can keep its momentum like that, I think it will rise to $ 15,000 by the end of the year.

[BlazingHashes]

Folks, we are in Day 85th of recent above $10k $BTC.
The average one is 27.7 days.

Currently 1,765M Bitcoin or about 8.4% of its circulating supply is held on centralized exchanges (CEX)

In November 2017 it took only 30 days for BTC to go from $ 5,000 to $ 20,000

[DoublerHunter]

13k is like a hard reach for Bitcoin, and I would expect that it will still fall down by a bit to 12.9 although that's just my guess, because it seemingly like stretched really hard to reach 13k at exact though it is a good price to sell a few of my coins but meh gonna keep holding my coins cause this time's are still quite tight for my coins to get out of my wallet right now.

^ That is a good perception, if you did not have any important matter to buy, just hold your bitcoin. As of now while posting this, we are on the price of $13,124 in the market and it seems $15k for the end of this month is not impossible.
There are too many factors to consider and the reason for bitcoin grows. The main factor probably is the announcement of Paypal that adopting bitcoin. But if you are monitoring the market and hoping to gain a small profit during this FOMO, you probably better to watch the market because there is a chance that bitcoin will pull back and have a small correction.

[Nazmul012]

I don't want to argue about "is paypal responsible for the present growth of bitcoin or not".don't forget bitcoin alone already raise upto $12k.its a gala day that finally bitcoin able to ovetake $13k milestone, although that was for few time & going below immediately.but breaking $13k resistance indicates its potentiality & something bigger for next move

[CODE200]

I don't want to argue about "is paypal responsible for the present growth of bitcoin or not".don't forget bitcoin alone already raise upto $12k.its a gala day that finally bitcoin able to ovetake $13k milestone, although that was for few time & going below immediately.but breaking $13k resistance indicates its potentiality & something bigger for next move

But the news recently contributed to the sudden increase wherein the market value almost got up to $13k. It might be due to the influence of what happened. No one expected that PayPal, a huge network, will be adapting this technology. There are now high hopes for what has been announced, that it would further result to mass adaptation of cryptos. I don't know the reason why the market price, again, fell in a sudden but knowing that its market price is still above $10k, I think, I think we should then be patient for now and wait for further changes.

[Distinctin]

I don't want to argue about "is paypal responsible for the present growth of bitcoin or not".don't forget bitcoin alone already raise upto $12k.its a gala day that finally bitcoin able to ovetake $13k milestone, although that was for few time & going below immediately.but breaking $13k resistance indicates its potentiality & something bigger for next move

Nothing has change base on my observation. PayPal, FOMO, and many others, I had never seen how it affects the trend this time. I certainly ignore them all because Bitcoin had the capability for this, it happens before and for sure, it happens again and again.
Seeing the momentum now, I feel we are already in the bullish market. I look forward to seeing it coming in, reaching for $14k isn't possible as the resistance level is strong.

[erikoy]

This is a good news to everybody. We are heading towards a good market for bitcoin and hopefully it will be a bull run for bitcoin. Of course we always wanted this to happen and that may it be possible to happen. Paypal had also accepting bitcoin in their platform for buy and sell. If there are other platform that can do like paypal then I am.sure that bitcoin will going to go more than that. It just need the whales to hold up their bitcoins, promote buy and sell and then we can see a goof bitcoin market.

[verita1]

Bitcoin is showing its resistance at 13K. This is wonderful news for us. I agree that before the new PayPal announcements, Bitcoin was showing that it would break all barriers. This is a stimulus for the USA, which are the first to benefit from the new PayPal services. Guys, we are delighted with Bitcoin, good time to celebrate.

[Qcrypto]

Folks, we are in Day 85th of recent above $10k $BTC.
The average one is 27.7 days.

Currently 1,765M Bitcoin or about 8.4% of its circulating supply is held on centralized exchanges (CEX)

In November 2017 it took only 30 days for BTC to go from $ 5,000 to $ 20,000

That was the hype, and hypes are extraordinary events where laws of reality don't apply

Thanks for the info, good to know

[masterrex]

That was a good indication for Bitcoin the $13K barrier was already breached and I think $14K is the next easy target hopefully, According to the latest trend, I think Paypal's decision to accept crypto-currency in their platform was also contributed to the Bitcoin price trend today and I hope the price will go up more in the following days and even more exciting to see the Bitcoin price return to its previous all-time high. how I wish?  

[Vishnu.Reang]

I won't be surprised if Bitcoin ends up somewhere around $30,000-$50,000 per coin by the end of this year. Acceptance by PayPal is the biggest news for Bitcoin adoption during the past one decade or so. If you check the posts from 2016-17, you can see that a lot of people wanted Bitcoin to be accepted by Amazon, PayPal.etc. We lost hope after sometime. But now, suddenly out of nowhere we have such a great news regarding adoption.

[Nalbo]

That's quite an achievement since the last bull run but there is going to be a correction and the best we can hope is it get a resistance on 12K so that it would build up for the next one. The bitcoin's price is surely going to hit a new ATH  but I think it would be on this or subsequent year as the economy is on the bad side and as soon as the pandemic is over, a lot of capital would be needed to bring back the market as previous.

[Mr.sprin]

Good enlightenment so far, bitcoin is getting brighter and many hope that bitcoin will compete with ATH prices, at the end of the year there is a possibility that the price of bitcoin will go up again in the experience of 2017, hopefully in 2020 it will repeat its reputation as in 2017.

[seagates]

15k by the end of the year for sure. We have so much great news for this.

[Mehedi72]

Can't deny paypal, the main reason behind the recent pump of bitcoin and revived the user's hope that is about to lost on bitvoin.its true that the price was unable to stay long upto $13k, but the fact is, finally bitcoin pump the biggest high in this year.don't know what is waiting at end of this year.but already bitcoin start improving and i think, bitcoin will go back to the highest peak of mountain $20k even more.

[ardentvolcanoes]

Good enlightenment so far, bitcoin is getting brighter and many hope that bitcoin will compete with ATH prices, at the end of the year there is a possibility that the price of bitcoin will go up again in the experience of 2017, hopefully in 2020 it will repeat its reputation as in 2017.

Seems that what happened the last halving also repeating itself now, we are in another pump and it's really exciting to see that the move is still positive.

People who lose hope before are now coming back for sure, those who experienced losing their investment are again start to comeback and reinvest their

money, just need to keep this trend alive to get more before the end of this year.

[Asuspawer09]

Can't deny paypal, the main reason behind the recent pump of bitcoin and revived the user's hope that is about to lost on bitvoin.its true that the price was unable to stay long upto $13k, but the fact is, finally bitcoin pump the biggest high in this year.don't know what is waiting at end of this year.but already bitcoin start improving and i think, bitcoin will go back to the highest peak of mountain $20k even more.

Getting that Paypal is a huge deal in bitcoin, a lot of Paypal users could potentially be investors in cryptocurrency when it is available for buying and selling.

I think around 15,000$ at the end of the year is not bad but for sure we could expect a big pump at the market price of bitcoin. Reaching the ATH in my opinion is possible since Millions of users from Paypal could be an investor in bitcoin. I guess investing this early could be a good move since most of the people are expecting a bull run this year but kinda hard for most people who are still in the pandemic.

When it comes to volatility I think it would take weeks or months to reach up to 15k$, I mean it's not easy but we sometimes see a big pump in just a small-time but I think this time is different.