bitcoin price now and something interesting

[metenjean]

I think wrong mind when many people looks interested with bitcoin during price is going up but why not buy or invest with bitcoin during have lower price, will give much profit for every investor wanna buy bitcoin at lower price and take profit after get higher price. I don't know why many people always invest after bitcoin raise to higher price and never take chance when bitcoin down, better waiting when bitcoin have bad impact with bad news or some thing else to get much profit when buying bitcoin with lower price.

[traderethereum]

I think wrong mind when many people looks interested with bitcoin during price is going up but why not buy or invest with bitcoin during have lower price, will give much profit for every investor wanna buy bitcoin at lower price and take profit after get higher price. I don't know why many people always invest after bitcoin raise to higher price and never take chance when bitcoin down, better waiting when bitcoin have bad impact with bad news or some thing else to get much profit when buying bitcoin with lower price.

It is normal to have that mind because they think that bitcoin prices will still increase.
If they can search for more info about bitcoin, they will know that bitcoin's price will not always go up, and the price will be up and down many times.
The investor will search for much info before investing in any investment, including in bitcoin. They don't want to make a mistake in the middle of their journey.
Many people try to buy bitcoin when they see the rallies because they read on many websites that bitcoin will soar to the highest price.
That is why they race to buy bitcoin before the price rise to a higher price.
If they still do that, they will not make a profit because when the price is down, they will be panic and sell it before the price jump to the lower price.

[Awraawra]

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 !!

Compare the price now in the pass month are getting increase so bitcoin i think slowly increasing. So keep holding bitcoin because we know that we have a good future in bitcoin.
Much better to be wise now because bitcoin can blow up anytime so we need to hold bitcoin.

[gabbie2010]

PayPal adoption of Bitcoin and the aftermath of the news was responsible for the upsurge, now the dust has began to settle, the price had been on retracement or pull back, I hope it settle at the  $13K support else the downward movement might reach $11K5.
Some profits ought to have been taken at $13+ instead of buying at that zone which is suppose to be high.

[sarmrakib]

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 !!

Compare the price now in the pass month are getting increase so bitcoin i think slowly increasing. So keep holding bitcoin because we know that we have a good future in bitcoin.
Much better to be wise now because bitcoin can blow up anytime so we need to hold bitcoin.

I think it was huge pump not slow one it has passed 13k$ as it was 11972$ .I noticed the price action close and the real game played by the paypal news .It has boost up the price and easily crossed the 13k$ level .However i think the momentum will keep continue and touch the 15k$ at the end of this year .

[beerlover]

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

This is not the first time, we are seeing bitcoin market is trading around $13$ region. But, it seems bitcoin market is slowly heading toward a new ATH which may happen by end of this year or completely in 2021 but definitely a new ATH is due after the recent halving. So by considering the long term trend of bitcoin markets, we can assume what ever things will happen right now may just pass away or will push prices toward bullish. This is as per what historically bitcoin market did just after every halving.

People may book profits around $13k and may re-enter lower than $13k but being a long term holder, I guess I do not need to bother them. I am just eyeing big target like $20k to take some profits. I believe when more people do target like me, I guess we may jump more quickly toward ATH rather than bothering these middle things.

[Sebas.tian]

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

The actualization of Bitcoin price to hit this $20k before the year out won't be easy becasue of the current happenings around the world of cryptocurrency but with the recent PayPal announcement concerning their involvement in integrating the buy and sell of Bitcoin will be a big plus for the market in come 2021. I would say, next year will be the most wanted year for holders like what happen 2017.

[dunfida]

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 !!

When it comes to Sell walls that had been eaten then it would be a never ending story as long this market rolls out then theres no way for someone to tell on what would happen
in next minute.This had been always the case. 13k accumulation phase? You cant tell but somehow we do have our own sentiments and feels that this might be the time
to make out some move on stashing some coins.For those who do take risk and the price had rise up after will surely make out some money but for those who doubt
then they already missed it once again.

[DeadCoin]

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 !!

Compare the price now in the pass month are getting increase so bitcoin i think slowly increasing. So keep holding bitcoin because we know that we have a good future in bitcoin.
Much better to be wise now because bitcoin can blow up anytime so we need to hold bitcoin.

not only that it is also a big chance to all investors desire. Actually, if we have a big capital to sustain, this is the right time to buy Bitcoin also at a lower price while waiting for the correct timing. but first thought before entering because we can't guess when it becomes stable.because we all know that the volatility is our major problem like the unpredictable subject.

[RealMalatesta]

Actually, if we have a big capital to sustain, this is the right time to buy Bitcoin also at a lower price while waiting for the correct timing. but first thought before entering because we can't guess when it becomes stable.

You cannot expect bitcoin market to be staying stable for a while because it may remain volatile for at least next one hundred of years as that is expected time for all 21 million bitcoins to be mined out. By considering these, this must be the right time to enter and to be holding for long-term perspective. For this, you do not need to be capital but you must need long-term plans so that you will not be having any other commitment for those funds which you will be investing into bitcoin.

I am just eyeing big target like $20k to take some profits. I believe when more people do target like me, I guess we may jump more quickly toward ATH rather than bothering these middle things.

There are different kinds of people trading and holding bitcoins here: Some people are looking for short-term targets like $14k or $15k and some others are targeting all time high like you $20k. But, there are people like myself who are looking for millions of value in long run or at least $100k in midterm.

So, there should be some people who will be bothering about each and every phase of bitcoin price levels. It is just part of every market.

[pawanjain]

Technically speaking bitcoin is just trying to break the resistance at $13000 which is why the orders are getting executed so fast.
Bitcoin did go to $13300 but couldn't hold it further. If bitcoin stays at $13000 then chances are either it will drop down to $12500 - $12000 and stay there for a while or bitcoin will create a new support at $13000. The experts said that the probability for bitcoin to go in a cooling period and  shake off the weak hands is high.

[AakZaki]

Actually, if we have a big capital to sustain, this is the right time to buy Bitcoin also at a lower price while waiting for the correct timing. but first thought before entering because we can't guess when it becomes stable.

You cannot expect bitcoin market to be staying stable for a while because it may remain volatile for at least next one hundred of years as that is expected time for all 21 million bitcoins to be mined out. By considering these, this must be the right time to enter and to be holding for long-term perspective. For this, you do not need to be capital but you must need long-term plans so that you will not be having any other commitment for those funds which you will be investing into bitcoin.

I am just eyeing big target like $20k to take some profits. I believe when more people do target like me, I guess we may jump more quickly toward ATH rather than bothering these middle things.

There are different kinds of people trading and holding bitcoins here: Some people are looking for short-term targets like $14k or $15k and some others are targeting all time high like you $20k. But, there are people like myself who are looking for millions of value in long run or at least $100k in midterm.

So, there should be some people who will be bothering about each and every phase of bitcoin price levels. It is just part of every market.

It doesn't matter how big the target is chosen, the most important thing is that you must remain consistent with the initial choices and strategies that have been made. The more people holding bitcoin and targeting high prices, will certainly affect that bitcoin price too. The Short Term, Mid Term and Longterm methods will both be profitable and never make a cut loss when you lose or the price decreases because doing so is the end of the strategy.

[hahay]

Indeed, it is an act of accumulation but at least there is a trigger that makes it happen and this is a certain circulation that will occur in the market. Even so, the price is still fluctuating as the trigger that occurs will not make the bulls run any further but anyway, I don't think there is anything wrong about that as this is like a common action of rising and falling prices.

[ReiMomo]

Indeed, it is an act of accumulation but at least there is a trigger that makes it happen and this is a certain circulation that will occur in the market. Even so, the price is still fluctuating as the trigger that occurs will not make the bulls run any further but anyway, I don't think there is anything wrong about that as this is like a common action of rising and falling prices.

Speaking of falling the price, I think we are almost there since bitcoin has been back to the $12k price range.

That is right, investing in bitcoin is quite a risk but if you really want to know how to open it, the door is opened just for you.
Paypal and other circumstances that bitcoin slowly pumped up and now the nearby US presidential election,

[wxa7115]

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.

Like always there is no way to be sure especially since exchanges for the most part hide the orders of their bigger clients given them a huge advantage over the rest of the traders and investors in the market, but it seems to me that this movement could be real, each passing day we are above 13k is another small victory which means this movement could be the one that gets us close to the previous ATH and maybe even surpassing it in the process.

And yet despite all of these great news we still need to be careful, after all we have been here before not long ago and the price went down so whoever is thinking about investing in this market needs to do so only with the money they can afford to lose otherwise in the case they lose their money such losses could be too much for them to handle and could lead them to financial ruin.

[Fredomago]

Indeed, it is an act of accumulation but at least there is a trigger that makes it happen and this is a certain circulation that will occur in the market. Even so, the price is still fluctuating as the trigger that occurs will not make the bulls run any further but anyway, I don't think there is anything wrong about that as this is like a common action of rising and falling prices.

Speaking of falling the price, I think we are almost there since bitcoin has been back to the $12k price range.

That is right, investing in bitcoin is quite a risk but if you really want to know how to open it, the door is opened just for you.
Paypal and other circumstances that bitcoin slowly pumped up and now the nearby US presidential election,

And Bitcoin went up again, just another retrace and makes the market crazy again, it's really hard to predict what the value will be after some days but it's good to see that it went back to $13k level again.

With this bullish approach it seems to break it up and try to gain another level, with that more and more traders and investors will play it and keep the momentum positively.

We might  see more as the last quarter run may attract more investors to put more money around
the market.

[Savemore]

Indeed, it is an act of accumulation but at least there is a trigger that makes it happen and this is a certain circulation that will occur in the market. Even so, the price is still fluctuating as the trigger that occurs will not make the bulls run any further but anyway, I don't think there is anything wrong about that as this is like a common action of rising and falling prices.

Speaking of falling the price, I think we are almost there since bitcoin has been back to the $12k price range.

That is right, investing in bitcoin is quite a risk but if you really want to know how to open it, the door is opened just for you.
Paypal and other circumstances that bitcoin slowly pumped up and now the nearby US presidential election,

And Bitcoin went up again, just another retrace and makes the market crazy again, it's really hard to predict what the value will be after some days but it's good to see that it went back to $13k level again.

With this bullish approach it seems to break it up and try to gain another level, with that more and more traders and investors will play it and keep the momentum positively.

We might  see more as the last quarter run may attract more investors to put more money around
the market.

The good thing is the average volume of the bitcoin where it keep increasing in these past days, the surge of the bitcoin became hot topic in many social media platform where it now creating hype that can be considered as good thing. My current bias is to see the price of the bitcoin will stay above $12,000, if that level holds then for me it is a bullish sign where in it will create another higher high and managed to go near at its current ATH. A lot of traders are now making profit for sure especially those scalpers who are using high leverage. Maybe next week or in the month of November we can see another price increase to the price of the bitcoin.

[cryptomaniac_xxx]

Technically speaking bitcoin is just trying to break the resistance at $13000 which is why the orders are getting executed so fast.
Bitcoin did go to $13300 but couldn't hold it further. If bitcoin stays at $13000 then chances are either it will drop down to $12500 - $12000 and stay there for a while or bitcoin will create a new support at $13000. The experts said that the probability for bitcoin to go in a cooling period and  shake off the weak hands is high.

The $13k resistance has been broken several times already, and it move to $13,600. And if the price remains there, there is a chance that $14k is possible November, and then we might end up at $15k++ in December. Period of accumulation is still there, not the same when the price is $10k. But if you see that the price can go on another bull run next year to $20k-$40k, then still at this current price, still cheap and investors are willing to accumulate.

[el kaka22]

This is the risk that you take in bitcoin world, right now price is over $13k and this is when there are tons of people getting involved as well. You can't have a big price increase if people decline to buy bitcoin, it is impossible to buy bitcoin when the price is high, if you stop buying that means price wouldn't be high to begin with, which means there are millions bought around these prices to make it higher.

However the same logic also declines the quote "buy low sell high", if we sell high it would never be high, it would be a bigger low instead of high, which means we need to buy low but also keep buying higher and higher as well in order to make the price go up. So, it is perfect for selling right now if you bought few weeks or even a month or two ago, you would make close to 30% profit, but if you do not sell you could either lose money or you could profit even more.

[pawanjain]

Technically speaking bitcoin is just trying to break the resistance at $13000 which is why the orders are getting executed so fast.
Bitcoin did go to $13300 but couldn't hold it further. If bitcoin stays at $13000 then chances are either it will drop down to $12500 - $12000 and stay there for a while or bitcoin will create a new support at $13000. The experts said that the probability for bitcoin to go in a cooling period and  shake off the weak hands is high.

The $13k resistance has been broken several times already, and it move to $13,600. And if the price remains there, there is a chance that $14k is possible November, and then we might end up at $15k++ in December. Period of accumulation is still there, not the same when the price is $10k. But if you see that the price can go on another bull run next year to $20k-$40k, then still at this current price, still cheap and investors are willing to accumulate.

Yes it did broke $13k already but it was unable to hold it previously and kept falling below $13k.
Things have changed now as bitcoin is above $13k for so many days already. The new support has been created and the resistance at $14k is now being tested by bitcoin.
True that the accumulation levels are high as there is so much of positive news regarding bitcoin in the market.
Chances are there that bitcoin is heading for $20k and might create a new ATH in a few months.
But I think that it would be very tough for bitcoin to break the $20k resistance level as there are many people waiting for bitcoin to reach that price so that they can dump their holdings from the 2017 crash. Anyway, it will be interesting to see how bitcoin performs over the next few months.