bitcoin price now and something interesting

[dothebeats]

For quite a while, yes, but after close inspection on what happened almost immediately later that day, you’ll also see coins getting sold here and there, prompting the price to go back @ around $12600 and above. Usually accumulation occurs waaaay longer before the price increases, and it’s even greater in numbers compared to what you have seen recently. Perhaps what happened on that day is someone bought a huge sum and thought that it will breached past $13k, only to be proven wrong just an hour or two later and afterwards, selling some of the coins they just bought.

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[MCobian]

I am very happy that Bitcoin finally hit the price of $ 13,000. After the last few months it has stabilized at a price of $ 10,000- $ 11,000.
Even though after that the price went down again, I am still optimistic that the Bitcoin price will go up again. We really have to continue to
monitor the movement of Bitcoin, Moreover, there will soon be an election for an American president, usually it will slightly affect the price of
Bitcoin. Stay alert when deciding to invest in Bitcoin, because the Bitcoin price moves very fast. If it could go up to the price of $ 13,000 quickly,
there is a chance it could go down fast too.

[cryptoboss2020]

There are a lot of possible factors that we may consider after the price of Bitcoin surged to the highest price this year.  We always have been experienced a short pullback of the price after surging in the market, but at least we're just still on the healthy stage of Bitcoin price.

The reasons for Bitcoin price increase probably are these,

• Paypal announcement of buy and sell cryptocurrency
• Investors diverting Bitcoiin investment since the stock market has been down due to near US election.
• Keep spreading of Defi projects

Whatever the reason it is, we have a spectacular price increase and we do hope that is the start of the bull run.

i hate to use word hope for me crypto is full business and really nothing to do with hope here !!

[Ridwan Fauzi]

There is many possibilities for bitcoin price movement, you may right that now bitcoin price is sideaway and it might be an accumulation zone. Because in some cases when bitcoin price up drastically then we will see a dump that will happen and I didn't see it right now.

Seem like there are many investor who believe that bitcoin can touch it all time high. But who know, that is just an analystic only, we can't rely on it. Hopefully, we will get another good new in the future so we are trully in bull run market.

[cryptoboss2020]

we can talk this and that btc will go up and down and sooo...

but what i did pointed here was that  13k price range was accumulation !!
everybody knows after accumatilation price goes usually up.
and accumaltion orders was eated like no tomrorow i was on it i was monitoring and i saw that.
if those guys who accumalated btc 13k price range will let to btc fall under 12k they must be grazy.

thats my point here!

[samcrypto]

i think no comments need what will be happend soon !!

Sorry to burst your bubble, but this definitely doesn't automatically mean we're going to "moon" or reach all time highs just because of the recent price action. There's still technically a non-zero chance that bitcoin does a nosedive(though I'm definitely not saying it will). Just gotta be realistic.

Too early for that Moon but I understand the excitement that we have right now because of being dumped for the past months and now we see the big pump of Bitcoin. People are still stress with the pandemic and I’m sure everyone here hopes to see bitcoin go up again, now its happening. There’s still a chance though that the price will go down again as many will sell early to take profit, its the market demand now to dictate the next price trend.

[akram143]

Big accumulation? Just hyped due to paypal.

Who knows maybe whales may take the advantage of current market condition and dump their coins.

[MCDev]

I think $ 20k will be easy to touch before the end of this year, I already have some in my bag and that is increasing the amount of my portfolio profit, so seeing bitcoin price is quite good after yesterday's halving, so I will be waiting for other surprises besides paypal in next year 2021

Now it's October 24, 2020, we have a few months left until 2021. I don't think that time will be enough for bitcoin to reach the $ 20,000 price tag.
I guess bitcoin will be trading around $ 11000 ~ $ 13000 from here until the end of the year.

[Inkdatar]

Good thing bitcoin price cross $13k and this is good news to the users seeing this price movement in the market. But, you know there's still uncertainty if we are really in the bull market. Let’s see this coming months if price of bitcoin will hit a new all time high.

[kevoh]

Good thing bitcoin price cross $13k and this is good news to the users seeing this price movement in the market. But, you know there's still uncertainty if we are really in the bull market. Let’s see this coming months if price of bitcoin will hit a new all time high.

How is this good news when all we will get at the end of the day is an outrageous increase in the amount of transaction fees? There's really nothing to cheer about for an all time high!

[aysg76]

it look like that  13k price range  there is some  accumalation   action.

like every sell order getting eated.
so all the profit takers sellings have immmediately buyer
simple words we have big accumalation in 13k price

i think no comments need what will be happend soon !!

This recent price hike is mainly because of PayPal announcement of buying and selling of btc over its platform.The btc is trading all time high in 2020 above $12500 after being bearish in the market for almost 7 months.The price was high $20k in past year but it rose 5% by $1000 this Wednesday after this news.The reports suggest investors want to invest in decentralised,non sovereign and secure currencies like Bitcoin by shifting from traditional market approach and this will boost the prices of Bitcoin with great surge so just be patient and avoid any negativity or any kind of FUD's spread in the market by whales to profit themseleves.

[traderethereum]

Good thing bitcoin price cross $13k and this is good news to the users seeing this price movement in the market. But, you know there's still uncertainty if we are really in the bull market. Let’s see this coming months if price of bitcoin will hit a new all time high.

Finally, bitcoin's price is back to $13k again. I think it's a positive moment from bitcoin, which we expect because the price can touch $13k this month.
By touching $13k, we already hit a new all-time high after we wait for almost 3 years, and if the price gets more supports, I think the price will increase more.
But I guess we are still far away from the real bull run because the price is not starting the rallies to the highest price, but we only see $13k.
There is no guarantee if the price will be staying at the current price now, and the price can go down to the low price again.
You need to prepare yourself if the price is down to buy more bitcoin at a low price.
Hopefully, in the next 3 months later, the bitcoin price will have the opportunity to make another new ATH.

[Tahsin Kabir Kollol]

The current value of Bitcoin has become a topic of interest to its users. Because the price of bitcoin has reached 12k and has been declining again, now everyone is hoping that the current rise in the price of bitcoin will exceed the previous high. Everyone is now hoping that this bitcoin price hike will have a positive effect on the cryptocurrency. So now it is a matter of interest to everyone whether Bitcoin will cross its next height or go down again.

[bitgolden]

At the end of the day bitcoin is a volatile product and what will happen to it will always be up for debate, it will never be something that is guaranteed and that is why I highly suspect that it would be "no comments needed" type of situation.

Also accumulation is not what you think I believe, accumulation is when the price stays around the same level and grows steadily, right now we are not even at 15k so we can't have accumulation, plus before a big increase happens due to accumulation finally becoming a bull run, there could also be an unexpected big dump in order to make even more money by the short futures holders, they know we are expecting a big increase so they could turn that into their own benefit. It is not something everyone could predict beforehand so we should be careful just in case.

[cryptoboss2020]

Big accumulation? Just hyped due to paypal.

Who knows maybe whales may take the advantage of current market condition and dump their coins.

im a trader and of the things what i do is montitoring the markets and doing analysis !!

im not talkign about paypal news!!
i said i was monitoring and i seen the accumalation !!

in fact there was accumalation of btc

[Yaunfitda]

Big accumulation? Just hyped due to paypal.

Who knows maybe whales may take the advantage of current market condition and dump their coins.

im a trader and of the things what i do is montitoring the markets and doing analysis !!

im not talkign about paypal news!!
i said i was monitoring and i seen the accumalation !!

in fact there was accumalation of btc

I do agree with you, we should accumulate bitcoin, however, the best time has already pass, the period that we should accumulate is when the price is below 5 digits or even at $10k, it stood like that for months and maybe there are speculators or investors who invested a lot. But at $13k, I don't know how can an average trader can accumulate when the price is too high. Unless you can time that market or wait till we see another downward spiral to 4 digits which I doubt will happen specially entering December.

[cryptoboss2020]

Big accumulation? Just hyped due to paypal.

Who knows maybe whales may take the advantage of current market condition and dump their coins.

im a trader and of the things what i do is montitoring the markets and doing analysis !!

im not talkign about paypal news!!
i said i was monitoring and i seen the accumalation !!

in fact there was accumalation of btc

I do agree with you, we should accumulate bitcoin, however, the best time has already pass, the period that we should accumulate is when the price is below 5 digits or even at $10k, it stood like that for months and maybe there are speculators or investors who invested a lot. But at $13k, I don't know how can an average trader can accumulate when the price is too high. Unless you can time that market or wait till we see another downward spiral to 4 digits which I doubt will happen specially entering December.

i dont know but i saw it someone was accumalating btc every sell orders been bought.
i was checking the wallets and blocchain addesses so i find it it was big accumalation on 13k price range.

thats all i know !

[Baofeng]

It's possible that there are average joe doing what we call "stacking sats", just small buy won't harm and it's not a marathon. If someone has a goal to reach at least 1 BTC then go for it, you can do it by accumulating overtime. So probably it will continue even if the price goes even higher in the future. It's a long journey for most traders but if you would look at how it can change your life forever then it's going to be worth.

[cryptoboss2020]

It's possible that there are average joe doing what we call "stacking sats", just small buy won't harm and it's not a marathon. If someone has a goal to reach at least 1 BTC then go for it, you can do it by accumulating overtime. So probably it will continue even if the price goes even higher in the future. It's a long journey for most traders but if you would look at how it can change your life forever then it's going to be worth.

13k price range was big  buy orders.
aerage joe was one who sold
the sell orders got eated fast i was checking all this

[Shasha80]

Now the Bitcoin price has gone back up to $ 13,100. This is a good sign, even though when Bitcoin corrected to a price of $ 12,800
I should have bought Bitcoin. Because I thought Bitcoin would dump to a price of $ 11,000. It turned out that my guess was wrong,
it looks like Bitcoin will continue to rise until the end of the year. I have to be brave enough to take risks by buying Bitcoin gradually
every time Bitcoin goes up. If my analysis is correct, I can make a big profit.