Bitcoin breached $14k today

[Qcrypto]

Just a few hours ago, Bitcoin breached the long awaited $14k checkpoint.



Long did the analysts and evangelists preached about this milestone.
$14 000 is finally upon us. Are we ready to handle it? Is Bitcoin primed to unleash its might upon us?

[Gotumoot]

Great we are now breaking into $14K mark so are we going to continue on climbing or are we going to go down soon?
Do you think that it would stay at $14K or would it be just the same as it did on $13K it would climb up faster?

[rodskee]

Just a few hours ago, Bitcoin breached the long awaited $14k checkpoint.



Long did the analysts and evangelists preached about this milestone.
$14 000 is finally upon us. Are we ready to handle it? Is Bitcoin primed to unleash its might upon us?

looks like we are not ready yet because look at the value now,Just touched the $14,000 level and drop down again like that?

i think we are not getting any high for now,this seems like when we fist step in $12,000 this year when for how many times that the Value is off and go from that 12k level.

Maybe this is the start of looking for another breaking yet wont happen this next days,Lets expect this to happen the 15k or more breaking before this year ends in December.

[ethereumhunter]

I am happy to see the bitcoin price finally breaks $14k, although the price now is down to $13,900. I am sure that the price will be back to $14k because the chance to back to that price is still wide open. I hope that the price will not down too deep. But if that is just for a correction, that will be okay. But if the price is really down deeper, we will have a chance to buy back bitcoin from our profit before. But if we see the chart, the price will increase more than now.

[Qcrypto]

I am happy to see the bitcoin price finally breaks $14k, although the price now is down to $13,900. I am sure that the price will be back to $14k because the chance to back to that price is still wide open. I hope that the price will not down too deep. But if that is just for a correction, that will be okay. But if the price is really down deeper, we will have a chance to buy back bitcoin from our profit before. But if we see the chart, the price will increase more than now.

One thing is certain. Watching Bitcoin breaking round number barriers like 12, 13k, 14k, etc... It always pulls back after breaking it.
Traders know this and take advantage by selling for profit. Thats why the price plunges always after the milestone breakpoint.

[Pamadar]

Great we are now breaking into $14K mark so are we going to continue on climbing or are we going to go down soon?
Do you think that it would stay at $14K or would it be just the same as it did on $13K it would climb up faster?

It's a test and once support follows this hypes for sure we will see more and it serves a good spark for this asset.

A very nice weekends for traders after breaking this point, showing that there are more interest flowing around and if another pumped happened it can start the spark bringing the value to a much higher position.
We can though expect some downfall as how things are experiencing currently, the value is now below $14k again but still close $13,852
can go up again any time.

[Poker Player]

We breached it as far as price is concerned. Regarding market cap, we breached it over a week ago. Graphs look good but I don't know what short-term impact the US elections can have. Anywat, I'm pretty confident that we are in the path to 20k and over.

[Gotumoot]

Great we are now breaking into $14K mark so are we going to continue on climbing or are we going to go down soon?
Do you think that it would stay at $14K or would it be just the same as it did on $13K it would climb up faster?

It's a test and once support follows this hypes for sure we will see more and it serves a good spark for this asset.

A very nice weekends for traders after breaking this point, showing that there are more interest flowing around and if another pumped happened it can start the spark bringing the value to a much higher position.
We can though expect some downfall as how things are experiencing currently, the value is now below $14k again but still close $13,852
can go up again any time.

Well if I remembered correctly we just reach out $13K not so long ago and now we already touch $14K but it is now around $13,852 as you said so it is still near the $14K mark.
It feels like we area really near on having another ATH but I think it is still too early to talk about it even though the price keeps increasing rapidly.

[Casdinyard]

Great we are now breaking into $14K mark so are we going to continue on climbing or are we going to go down soon?
Do you think that it would stay at $14K or would it be just the same as it did on $13K it would climb up faster?

It's a test and once support follows this hypes for sure we will see more and it serves a good spark for this asset.

A very nice weekends for traders after breaking this point, showing that there are more interest flowing around and if another pumped happened it can start the spark bringing the value to a much higher position.
We can though expect some downfall as how things are experiencing currently, the value is now below $14k again but still close $13,852
can go up again any time.

Well if I remembered correctly we just reach out $13K not so long ago and now we already touch $14K but it is now around $13,852 as you said so it is still near the $14K mark.
It feels like we area really near on having another ATH but I think it is still too early to talk about it even though the price keeps increasing rapidly.

To assume or not won't make changes.
I was once of those people who are against speculating the market price but leter I realized that if things happen then be it. The market is having quite a good run, there are still my expectations of a sudden downfall but if there will be then I'll just continue holding and if its price continues to rise being able to reach the price point I am looking forward to, then that would be better. Predicting another ATH at this early point will not be a help and so do contradicting that idea. Market itself is inconsistent in the first place so let us all watch what will happen next.

[Fortify]

It's definitely creeping upwards, after the Paypal announcement I think a lot of asset managers are starting to take it a lot more seriously and consider it to be a viable currency. Once that happens the sky is the limit when it comes to pricing, it could easily double from the current valuation as different companies seek to get a stash of bitcoin to diversify - the only thing that will hold it back are rising transaction fees driven by lots of retail buyers. I wonder how long it will take until we see the $15k barrier reached.

[mersal]

Too much of green in the market again today, which looks too good to me so we have to be aware of the market condition because we can expect the dump any time soon probably at the end of the year. Any technical analysis for 2020's end by someone? Excited to know where we are expected to reach.

[hulla]

Just a few hours ago, Bitcoin breached the long awaited $14k checkpoint.

Long did the analysts and evangelists preached about this milestone.
$14 000 is finally upon us. Are we ready to handle it? Is Bitcoin primed to unleash its might upon us?

We are not ready to handle the new $14,000 price range milestones because the Bitcoin transaction network confirmation delay with mempool flooding could be the reason for this current surge in price and we cant know if we are ready until the transaction confirmation delay is under control which will give chance for some arbitrage trader, whales etc to dump/manipulate the market.

[daarul50]

It's definitely creeping upwards, after the Paypal announcement I think a lot of asset managers are starting to take it a lot more seriously and consider it to be a viable currency. Once that happens the sky is the limit when it comes to pricing, it could easily double from the current valuation as different companies seek to get a stash of bitcoin to diversify - the only thing that will hold it back are rising transaction fees driven by lots of retail buyers. I wonder how long it will take until we see the $15k barrier reached.

There a lot more individual and group of financial institution to go into bitcoin coming very soon and boom to reach $50000 looks like not a dream anymore.
It has been 2 years since 2018 the price reached back to $14000 this is insane after we have been through down to $4000 in march, and now we are in strong bullish signal .
This is not a temporary hype. This is a real organic movement.
How confident are you guys riding this moment?

[Febo]

We breached it as far as price is concerned. Regarding market cap, we breached it over a week ago. Graphs look good but I don't know what short-term impact the US elections can have. Anywat, I'm pretty confident that we are in the path to 20k and over.

Bitcoin never was off the path to $20k. Question was only when will get there. I believe many are way to optimistic right now. Since it is November again that two times brought us peaks. Bitcoin will struggle to go above 20k same as it struggle to get above $1200. And even to $20k there will be a lot of resistance. One is here at $14k.

[DoublerHunter]

We breached it as far as price is concerned. Regarding market cap, we breached it over a week ago. Graphs look good but I don't know what short-term impact the US elections can have. Anywat, I'm pretty confident that we are in the path to 20k and over.

Bitcoin never was of the path to $20k. Question was only when will get there. I believe many are way to optimistic right now. Since it is November again that two times brought us peaks. Bitcoin will struggle to go above 20k same as it struggle to get above $1200. And even to $20k there will be a lot of resistance. One is here at $14k.

^ I am claiming myself that I am also very optimistic when it comes to the price of bitcoin prediction.
That is really great that we are at $14k as of the moment and it is fine to be consistent on that rate for a while but we cannot still guarantee what will happen next. Though we can enjoy this price as of now however we need not be complacent because it may also dump once whales make their move to manipulate it again and can have a huge impact on the price. But of course the same as with the others it only shows that bitcoin is doing well because it consistently increases its price and I think it will not be impossible that soon we will also reach $15k.

[Yaunfitda]

Great we are now breaking into $14K mark so are we going to continue on climbing or are we going to go down soon?

Yes, we haven't seen $14k for a while, so this is good news for everyone.

Do you think that it would stay at $14K or would it be just the same as it did on $13K it would climb up faster?

I'm sorry but it didn't stay in the $14k range, that's too much psychological barrier for traders, maybe some of them have a exit plan of selling at that price, hence it goes down to $13,700-$13,800. But we are still good though, just needed more time to stabilize and then maintain $14k and then looking at $15k in December.

[Baofeng]

We breached it as far as price is concerned. Regarding market cap, we breached it over a week ago. Graphs look good but I don't know what short-term impact the US elections can have. Anywat, I'm pretty confident that we are in the path to 20k and over.

I have shift stance now, early I thought that US elections will have a negative impact on the price of bitcoin short term. But now I think that any assets specially bitcoin doesn't care who wins on the election itself. We are pretty much in the bull run already, so it doesn't rely on politics or US elections. It will goes as normal, we have seen worst economic uncertainties and so bitcoin price will rise no matter who is the next US sitting President, will Biden or Trump makes any difference? No.

And isn't it a big coincidence that bitcoin rose to $14K during the anniversary of the release of the Whitepaper? Hmm, think again.

[Oasisman]

Do you think that it would stay at $14K or would it be just the same as it did on $13K it would climb up faster?

Btc just pull back down to $13,800 as of now, It wouldn't usually stay at the highest point after breaking new resistance level, but If Btc could gradually climb back to that level, there will be a huge chance that Btc would be staying at that range base on the price movement.
Nevertheless, It's good to see Btc continuing to make an upward movements.

[GreatArkansas]

Do you think that it would stay at $14K or would it be just the same as it did on $13K it would climb up faster?

Btc just pull back down to $13,800 as of now, It wouldn't usually stay at the highest point after breaking new resistance level, but If Btc could gradually climb back to that level, there will be a huge chance that Btc would be staying at that range base on the price movement.
Nevertheless, It's good to see Btc continuing to make an upward movements.

For me, it's just a pullback. As you can see in the 1-hour time frame, it is really showing how Bitcoin is rising from time to time, started last October 28 - 29, when the $13,000 is a huge support for the short term on Bitcoin, multiple times we tried to close below $13,000 but look, it's just a wick and Bitcoin is bouncing back after a short period of time.
For me, once we again break and close abov $14,000, an easy $14,500 - $15,000 for Bitcoin.

[supine]

Looks like it just hit it and pulls back it didn't stay for long at $14K.
Maybe there are plenty of people waiting for it to take their profit but it is still a great news maybe let's give it some time and it would be it's new resistance level.