plr
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October 28, 2020, 12:21:42 PM |
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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.
It's still not over the news will have a long term effect people are still going to buy because they are not buying now but they are going to when they have the means, I don't think it will stop the effect on the price, because it has been established that PayPal one of the biggest online company is now part of Cryptocurrency and PayPal will have a lot of plans when they start this feature.
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3meek
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October 28, 2020, 12:44:16 PM |
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It is too early to talk about 20K... Bitcoin could not break the resistance on 14K... And now we see the price correction... If the price can rise above 14K, then we can think about reaching the past ATH... ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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ethereumhunter
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October 28, 2020, 02:01:24 PM |
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It is too early to talk about 20K... Bitcoin could not break the resistance on 14K... And now we see the price correction... If the price can rise above 14K, then we can think about reaching the past ATH... ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Yes, if the correction comes, that will be a good time for us to buy at a low price. But make sure you can place your order at a low price and wait for more. The price will rise above $14k, and I am sure that the price will break every high price at the right time. Meanwhile, we need to enjoy the moment to buy and sell. But to reach the new ATH will require more time, and I am not sure if that can happens at the end of this year. But if that happens, I am sure that we will make a big profit again.
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barbara44
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October 28, 2020, 07:05:09 PM |
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We are moving towards $20k like the good old days, I knew this day would come one day but I never knew when that would happen, I am very happy that it is finally here. I can't guarantee $20k obviously, I can't even guarantee staying above $13.5k for too long, maybe tomorrow we will be going down to $10k who knows?
But, I remember 2017 just like yesterday, it was just a month after month of regular craziness and around November it started to finally crack and it went up to a level where it was like $3-5k range and everyone was excited and thought that we reached a new high that would be there for a while, yet we broke over that by 5x and reached to $20k and nobody was believing what they were seeing. So at the end of the day I say this increases could be signaling to something much bigger.
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stomachgrowls
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October 28, 2020, 08:51:43 PM |
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We are moving towards $20k like the good old days, I knew this day would come one day but I never knew when that would happen, I am very happy that it is finally here. I can't guarantee $20k obviously, I can't even guarantee staying above $13.5k for too long, maybe tomorrow we will be going down to $10k who knows?
But, I remember 2017 just like yesterday, it was just a month after month of regular craziness and around November it started to finally crack and it went up to a level where it was like $3-5k range and everyone was excited and thought that we reached a new high that would be there for a while, yet we broke over that by 5x and reached to $20k and nobody was believing what they were seeing. So at the end of the day I say this increases could be signaling to something much bigger.
Hardest part is that neither of those two can happen where it might increase or we can that this is already the start of bull run but basing of on the movement then it isnt really comparable into that 2017 bull run that we had in the past but somehow these kind of increments does really signify something that will happen. Due to unpredictability in this market then its normal for people to have doubts thats why i do believe that buying power is just lurking around the corner.We arent still witnessing the full buying scenario and everyone are still on observation mode. Its really good to look at for the price to cling up this high yet we had dumped on 3k wayback and its been a while on staying up on levels specially in 9k and 11k range. Now we are hovering and might able to break that 14k resistance barrier and might go to 15k onwards but i dont really believe that we will reach up 20k for this year, maybe on next years to come but it wont really be that fast.
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peterpanda
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October 28, 2020, 09:19:50 PM |
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I think this is not the end of rising the price. Bitcoin will be growing fast and hopefully within some days, bitcoin will hit a big amount. $13k isn't a small amount but we can expect more from bitcoin. We are waiting for previous highest price.
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Wulan_maniez
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October 29, 2020, 12:13:50 AM |
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Bitcoin price already touches $13k, but unfortunately, the price goes down after that. But bitcoin will have a chance to break it again because it now almost touches that price again. That will still rise to the next highest price, and the price will not just stop at $13k. Perhaps, people out there open their minds to accept bitcoin is one way to make money, so they start to buy bitcoin before the price goes up higher.
This time, we can feel happy to sell bitcoin at $12,900 after buying bitcoin at $10k-$11k. But we can wait for another downtrend to buy more bitcoin later. If the price back to $13k again, perhaps, the price will still go increase in the next week, so we might see a new surprise from bitcoin.
The price of Bitcoin today is already $13,153, but decreased by 3.86% in the last 24 hours, but it probably won’t go down too far, I think it will rise to the next highest price. Hopefully, it doesn’t drop to $12000. If that happens who’s already sold at $12,900 as you said, he’ll definitely come back to buy bitcoin at $12000.
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michellee
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October 29, 2020, 04:06:57 AM |
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I think this is not the end of rising the price. Bitcoin will be growing fast and hopefully within some days, bitcoin will hit a big amount. $13k isn't a small amount but we can expect more from bitcoin. We are waiting for previous highest price.
The good thing is bitcoin price can stay at the $13k level, and although the price is down for more than $300, it still at the $13k, so we have more chances to hope that the bitcoin price will be increased again soon. $13k is a good price to sell some of the bitcoin that we have because many of us bought bitcoin at lower than $13k to make a profit. If you can be more patient, you will have the opportunity to see bitcoin price will rise step by step and break the high price, and who knows that in the next month, bitcoin price will be up to $14k-$15k. The rise of bitcoin price will come soon, and while the price does not yet touch the highest price or make a new ATH, we can buy more amount, so we are ready to sell at the highest price.
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Emitdama
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October 29, 2020, 06:13:48 AM |
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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.
It's still not over the news will have a long term effect people are still going to buy because they are not buying now but they are going to when they have the means, I don't think it will stop the effect on the price, because it has been established that PayPal one of the biggest online company is now part of Cryptocurrency and PayPal will have a lot of plans when they start this feature. Yeah, the price seems like 13k is the new normal for bitcoin because the raise is not because of the hype instead because of the news around bitcoins which include like he mentioned Paypal allowing users to buy bitcoins. Besides there are other news as well if you search and then there is also the fact that the market which was in tatters because of the corona virus is now starting to lift and people who sold their assets are now coming back into the market. I think the new normal can be 13k and when it moves up we can call it bull and when it goes down we may call it bearish run. All said I still think the price is going to reach massive values in 2021 but still it is only speculation.
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kotajikikox
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October 29, 2020, 06:26:19 AM |
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it look like that 13k price range there is some accumalation action. like every sell order getting eated. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) 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 !! Some whales are getting into the event when PayPal accepted Bitcoin finally so there are some price changes happens but will this stay and continue pumping? I don't think so because now we are experiencing downfall again. Look at the market and more than Half are in Red paint again compared 2 days ago when we are in greening market. so Basically 13k is still not a strongest Base price and may fell more in the next days .
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jostorres
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October 29, 2020, 08:18:25 AM |
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It is too early to talk about 20K... Bitcoin could not break the resistance on 14K... And now we see the price correction... If the price can rise above 14K, then we can think about reaching the past ATH... ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I don't understand why these resistances happen and who causes it, because it there is resistance at 14k then surely there must be bigger resistance at 15k and beyond right? Then why often I hear that if this resistance breaks we can get 20k or even more. Just curious how these resistance work if someone can and wants to explain. I don't want to sound too hopeful but if the trend in past few weeks and even months continue then we might see a really big ending towards the end of the year and then a little correction will happen in the next year followed by a new trend then.
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lixer
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October 29, 2020, 08:55:57 AM |
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I think this is not the end of rising the price. Bitcoin will be growing fast and hopefully within some days, bitcoin will hit a big amount. $13k isn't a small amount but we can expect more from bitcoin. We are waiting for previous highest price.
Lot's of crypto brains are saying that the ATH is near and about to be reached. But these guys are same who said in March that Bitcoin will die now when the price dropped historically and everyone was worried. I don't trust the market news at all but because of the positive run even I am optimistic of reach some good prices in December because anyone who follows Bitcoins knows that the price always takes a leap during the Q4 every year and December is usually the best month for Bitcoins so we might see some real good values. The market is doing well and the Paypal adoption is still in the waiting which will again make a big push in the prices when people are actually able to buy Bitcoins through paypal without any fear. Because a lot of Paypal users could not buy BTC from traders earlier because Paypal being reversible payment option, no one wants to trade with it. I don't use Paypal so I don't know if the feature is active yet or not to buy cryptos.
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blckhawk
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October 29, 2020, 10:25:32 AM |
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it look like that 13k price range there is some accumalation action. like every sell order getting eated. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) 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 !! Bitcoin seems moving quite a lot lately and slowly increasing but this won't be enough reason for Bitcoin to set its new ATH. I'm thinking that it is only because of the acceptance of purchasing cryptocurrencies through Paypal. I don't think that bull run was gonna begin now due to the fact that most of the altcoins are still on the blood market right now. Anyway, we never know what's gonna happen. I hope that this will continue.
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Smitty Werben Man Jensen
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October 29, 2020, 10:30:26 AM |
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I think this is not the end of rising the price. Bitcoin will be growing fast and hopefully within some days, bitcoin will hit a big amount. $13k isn't a small amount but we can expect more from bitcoin. We are waiting for previous highest price.
everyone is waiting for the Bitcoin pump price to be higher, because every 1-2 years after the halving the price will increase drastically, look at its history, for now it can stay above $ 10k - $ 12k is very good for Bitcoin to get out of its bear zone.
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slaman29
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October 29, 2020, 11:17:58 AM |
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The price of Bitcoin today is already $13,153, but decreased by 3.86% in the last 24 hours, but it probably won’t go down too far, I think it will rise to the next highest price. Hopefully, it doesn’t drop to $12000. If that happens who’s already sold at $12,900 as you said, he’ll definitely come back to buy bitcoin at $12000.
Lots of people taking profit around 13800 is what happened but now they are all rebuying as soon as it went below 13k which didn't even last an hour. Probably we will enter the weekend and see even more losses (or the other way around) but the long term trend is shifting that's for sure.
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Becky666
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October 29, 2020, 11:41:01 AM |
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It is too early to talk about 20K... Bitcoin could not break the resistance on 14K... And now we see the price correction... If the price can rise above 14K, then we can think about reaching the past ATH... ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Absolutely agreed, currently the correction Bitcoin is undergo is what could lead the present market to a bullish momentum becasue the price of Bitcoin is expected to hit above the $14k before talking about all time high again. For some to talk about the last weeks and days to be a bullish run doesn't make it bullish but just experience what we had sometime in 2019 ATH. There is high chances for the current market to get us the needed $20k before the end of 2020 i presume.
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Yurkov
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October 29, 2020, 11:57:50 AM |
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The price of Bitcoin today is already $13,153, but decreased by 3.86% in the last 24 hours, but it probably won’t go down too far, I think it will rise to the next highest price. Hopefully, it doesn’t drop to $12000. If that happens who’s already sold at $12,900 as you said, he’ll definitely come back to buy bitcoin at $12000.
Lots of people taking profit around 13800 is what happened but now they are all rebuying as soon as it went below 13k which didn't even last an hour. Probably we will enter the weekend and see even more losses (or the other way around) but the long term trend is shifting that's for sure. The fact that the price changes by a few percent is nothing extraordinary or spectacular. The historical chart shows that the bear market period is over. The mood on the market is very positive, so there is no doubt that we are approaching a new bull run and achieving a new ATH in the coming months. If there will be some price drops by a few percent, these will be only minor corrections. I think that panic buy will start in maximum 2-3 months.
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XCANA
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October 29, 2020, 12:55:08 PM |
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I think this is not the end of rising the price. Bitcoin will be growing fast and hopefully within some days, bitcoin will hit a big amount. $13k isn't a small amount but we can expect more from bitcoin. We are waiting for previous highest price.
Currently the price of Bitcoin has been around the $13k and we should be looking further for higher price for Bitcoin. Back to the subject: we all know that the price of Bitcoin is volatile and can't be envisage for future, the effect of the current market shows that the price of Bitcoin will bring into play bubble. I will like to see Bitcoin price at the end of the year at $20k or approximately.
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yayayo
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October 29, 2020, 01:36:39 PM |
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It looks like the Bitcoin's price stays at $13k unlike before which it immediately goes down after hitting $13k. I think there will be something really interesting that will happened let's just hope that it would not go below the $13k line. This is the same what happened before when it reach its peak.
ya.ya.yo!
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pixie85
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 29, 2020, 01:47:44 PM |
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It looks like the Bitcoin's price stays at $13k unlike before which it immediately goes down after hitting $13k. I think there will be something really interesting that will happened let's just hope that it would not go below the $13k line. This is the same what happened before when it reach its peak.
ya.ya.yo!
It was the same at 10000. If you look at the charts you'll see that in September we got rejected twice from 11000 and fell back to 10400 and went back to 11000 in october to finally break above 11 and get rejected 3 times in one week by 11600 before that PayPal breakout. The trend is learly bullish and rejections only slow us down a bit. 14000 is the top from last year so everybody knew it will act as resistance but I think that it will be broken soon.
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