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Author Topic: New peak: $14500. No bearish sign. Keep it up the King  (Read 317 times)
death69 (OP)
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November 05, 2020, 08:44:56 AM
 #1


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Im so excited to see bitcoin break $14000 point and reach $14500. How many bitcoin have you guys already collected? I guess we will soon be on our lambo again lmao. It seems that the election does not have any impact on the price of bitcoin

$20000 will be our next target. But I guess we will have a little pull back so as to adjust the price. Higher high and then higher low  Roll Eyes

P/S: Biden only needs other 6 votes to become the next President. Congratulations on the US for your hard work recently
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November 05, 2020, 08:58:21 AM
 #2

Yes, the King is rising no matter what, never minded CME gaps and laughing at some well-known social media and financial gurus. I also pull back would be logical but not now, expecting it after 15-16k hit.
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November 05, 2020, 09:14:25 AM
 #3

But I guess we will have a little pull back so as to adjust the price.
Yes, wait for it. But let's hope that it will be the same as the last time's pull back and it isn't that hurting much at all. The price becomes stable every pull back and it goes up with a higher price which is unexpected. Yet, we still have to expect any unexpected price.

Higher high and then higher low  Roll Eyes
I guess those comparisons about higher lows are becoming true. It's much better to check those higher lows and we might see have a better comparison for this year. I don't want to be overwhelmed but looking at $14,000, it just makes our day good.



 

 

 

 

 

 


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November 05, 2020, 09:15:37 AM
 #4

Yes, it seems that we have touch another higher highs for this year, $14,500 in this year's US Election. And regardless of who are going to be the next elected US President, bitcoin will continue its bull run. But let's not get excited and look for $20k, let's see if we can sustain this run for a bit and then $15k. We don't want to see another exponential growth that is half bake or just being artificially pump by whales and manipulators.

Let the economics of bitcoin goes on a normal flow, if we are going to see some correction, then take it as a opportunity to buy even more and accumulate.
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November 05, 2020, 09:20:53 AM
 #5

I thought if Trump didn’t win then we might have a big correction after recent bullish sentiment. The market appears totally calm & actually bullish that we are set to have a new POTUS. A new ATH before the end of the year doesn’t look impossible now which is pretty incredible.

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November 05, 2020, 09:21:34 AM
 #6

I think the prediction of some people is going towards on its road to 20k dollars mark we are waiting for another market profit. Right now I check my binance and this is another bull trend. For sure there is a chance before the end of the year there are a lot of members having a big smile on their faces because of the profit.

I just want to share my graph right now.
11/05/2020 forum time 9:17 AM


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November 05, 2020, 09:34:50 AM
 #7


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Im so excited to see bitcoin break $14000 point and reach $14500. How many bitcoin have you guys already collected? I guess we will soon be on our lambo again lmao. It seems that the election does not have any impact on the price of bitcoin

$20000 will be our next target. But I guess we will have a little pull back so as to adjust the price. Higher high and then higher low  Roll Eyes

P/S: Biden only needs other 6 votes to become the next President. Congratulations on the US for your hard work recently

The king of cryptocurrency is really doing its best and now reached the $14,000 point without having a bearish sign so we can still go our investment without taking out our money because the price is still rising and all of us is hoping to reach another thousand dollar so that we can earn another 1/14 of our investment. All we need to do right now is to trust bitcoin that it will rise its price again but price rising is not sure and it may also go down so we still need to be careful.
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November 05, 2020, 09:50:34 AM
 #8

Yes, the King is rising no matter what, never minded CME gaps and laughing at some well-known social media and financial gurus. I also pull back would be logical but not now, expecting it after 15-16k hit.
Bitcoin has shows it's resiliency already, so I'm not surprised by all the negativity and yet the price seems to go up, not matter what kind of FUD we hear and see. Obviously, we can't go on parabola, sooner or later a healthy pull back will eventually happen, but before that, we should enjoy seeing our portfolio growing, and perhaps $16K could be hit this 2020.

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death69 (OP)
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November 05, 2020, 09:56:51 AM
 #9

Yes, it seems that we have touch another higher highs for this year, $14,500 in this year's US Election. And regardless of who are going to be the next elected US President, bitcoin will continue its bull run. But let's not get excited and look for $20k, let's see if we can sustain this run for a bit and then $15k. We don't want to see another exponential growth that is half bake or just being artificially pump by whales and manipulators.

Let the economics of bitcoin goes on a normal flow, if we are going to see some correction, then take it as a opportunity to buy even more and accumulate.
The circumstance is different from 2017. In 2017, the exaggeration of bitcoin and cryptocurrencies have created one of the biggest FOMO of the 2010s and as the result, many people have lost their money and they decide to abandon bitcoin forever. Right now, there is no significant and rapid increase in the price of bitcoin so that I am quite confident of reaching again our all time high.

Whales and manipulators do exist. But our market is big enough to sustain the stability and the bull. Bitcoin will keep moving forward regardless who will become the next president and who try to manipulate our big market. And I totally agree with you that we need to buy and accumulate bitcoin at the moment. This is our second chance and I dont want to miss it at all
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November 05, 2020, 09:58:21 AM
 #10


Source: my MT4 trading platform

Im so excited to see bitcoin break $14000 point and reach $14500. How many bitcoin have you guys already collected? I guess we will soon be on our lambo again lmao. It seems that the election does not have any impact on the price of bitcoin

$20000 will be our next target. But I guess we will have a little pull back so as to adjust the price. Higher high and then higher low  Roll Eyes

P/S: Biden only needs other 6 votes to become the next President. Congratulations on the US for your hard work recently


Looks impressive but I guess its too early to celebrate with these new highs today at $14500, I'm sure the correction will follow, so after that Bitcoin should break $15K again if that level will breach I think it was the sign to breakout to $20K again thats only my opinion.

Regarding the outcome of the US Election, some people said that it can affect the crypto market, But I think it's not because crypto has nothing to do with politics so I believe there's no connection. so stay tuned for the upcoming results by the way Joe Biden is taking the lead so I think we already saw who's the potential winner.
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November 05, 2020, 10:18:20 AM
 #11

If we look at the dna of bitcoin. The same thing happens back in 2017 wherein the price moved up at the beginning of last quarter of 2017. Maybe we can expect a new ATH this year. However, we should not expect too much because anytime, it may change its direction. But let us all cherish this moment even other altcoins are moving down. I wish I have enough btc right now because I already withdrawn my money in wallet due to the disaster happened in my country.

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November 05, 2020, 10:35:20 AM
 #12

~snip~


Looks impressive but I guess its too early to celebrate with these new highs today at $14500, I'm sure the correction will follow, so after that Bitcoin should break $15K again if that level will breach I think it was the sign to breakout to $20K again thats only my opinion.

Regarding the outcome of the US Election, some people said that it can affect the crypto market, But I think it's not because crypto has nothing to do with politics so I believe there's no connection. so stay tuned for the upcoming results by the way Joe Biden is taking the lead so I think we already saw who's the potential winner.
Well, $14000 is a affordable price for a celebration. There are too many painful things happening in this year. First, we have the Covid-19, then, our economy surged strongly and unpredictably which many economists considered as a crisis. Many people have death and others lose their jobs and right now, the Europe is facing the second waves of the disease. What a miserable year

So I think  as a bitcoin lover, it is as right time to enjoy the moment. We does not always see this price and I appreciate what people are doing to support and enhance bitcoin day by day.

Correction is must but it is certain that the US election will not have a clear impact on our lovely crypyocurrency. You can not go high forever. Low and then high  Wink
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November 05, 2020, 10:55:42 AM
 #13

So Btc's price has a huge effects on US political status I guess? 
Biden leading the election results as of the moment seems affecting the Btc price in a good way lol.
Anyway, Bitcoin seems relentless as it continued to rise up to $14,509 the moment I'm typing this, and it's indeed no bearish sign that's showing since the fall of Btc on March.
$20,000 at the end of 2020 might still be possible.


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November 05, 2020, 11:12:20 AM
 #14

So Btc's price has a huge effects on US political status I guess? 
Biden leading the election results as of the moment seems affecting the Btc price in a good way lol.
Anyway, Bitcoin seems relentless as it continued to rise up to $14,509 the moment I'm typing this, and it's indeed no bearish sign that's showing since the fall of Btc on March.
$20,000 at the end of 2020 might still be possible.



Let's just hope it won't go below $10k or $12k anymore. What happened last year was devastating to most of us. I know some people that panic sold because of that and leave them a bad impression about bitcoin.

On the other side, cheers for those hodlers out there. Always remember to take profit when you have the chance.  Wink
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November 05, 2020, 12:56:45 PM
 #15

So Btc's price has a huge effects on US political status I guess? 
Biden leading the election results as of the moment seems affecting the Btc price in a good way lol.
Anyway, Bitcoin seems relentless as it continued to rise up to $14,509 the moment I'm typing this, and it's indeed no bearish sign that's showing since the fall of Btc on March.
$20,000 at the end of 2020 might still be possible.
Let's just hope it won't go below $10k or $12k anymore. What happened last year was devastating to most of us. I know some people that panic sold because of that and leave them a bad impression about bitcoin.

On the other side, cheers for those hodlers out there. Always remember to take profit when you have the chance.  Wink
Yes, let's hope that it does not go down, but we need to anticipate if that happens later. We don't know if the bitcoin price increase is because US political, but the fact, bitcoin price now and it makes us happy to see that. We can sell bitcoin at a high price again, while we have another chance to see bitcoin price will increase again. Right now, we can take profit because the price breaks $14,500, and I think the price will have a chance to break $15k. Congratulations to people who can make a profit after they wait for a long time to see this day comes.

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ropyu1978
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November 05, 2020, 01:05:31 PM
 #16

Will continue break up again after bitcoin success touch above $14500, will the sweetest moment when bitcoin break up above $20000 back again or not, if you want entry to buy bitcoin better be quiet maybe have moment for bitcoin correction to lower price. usually moment when bitcoin have success on the top price will have space time for bitcoin back to lower price although few time but you must careful if you wanna entry right now. I am waiting for altcoin could allow how bitcoin up today or keep going down because bitcoin dominance more higher than altcoin and make bitcoin keep stable with lower price.
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November 05, 2020, 01:19:08 PM
 #17

Heh! keep up to date with the price, m8...we about to hit 15k  Grin But seriously, are we going to have a new thread everytime we reach a new yearly peak? cos at this pace we're gonna have every single day until we hit 20k in the next month or so  Lips sealed

Yes, let's hope that it does not go down
Bitcoin 101: crypto market = volatile/unpredictable - price can always go up or go down. Hope? no such thing here, just ride the wave for as long as you can and have some capital on the side to buy during the crypto flash sales which come and go very frequiently

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November 05, 2020, 01:26:50 PM
 #18

at this point we are very close to see a big outbreak of FOMO buyers that fill the market. considering the fact that there has been a huge number of people who have been refraining from entering the bitcoin market for a long time (due to FUD, panic, other stupid ideas) they are now ready to jump in with all the money they have been accumulating so far.
this breakout is partly the signs of that FOMO.

There is a FOMO brewing...
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November 05, 2020, 01:36:44 PM
 #19

Yep, likely no signal to push back, if it happens might be short time. We're definitely not in bearish sign, people are not interest in selling any time soon but along with the king. So not selling mine either. I'm in for the long haul, it's not about consider taking profit. Why would you want to give away nice bitcoin, just DODL!
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November 05, 2020, 01:48:21 PM
 #20

We are probably testing $14,900 currently and I don't think this will stay for long enough at the same phase. With more people getting into bitcoin as they were during the mid of 2017, we would be experiencing new highs as days passes. A percentage of people who came in at 2017 stayed all the way to experience this and new coiners would start coming in at large numbers as prices tend to test new highs.

As @BrewMaster said, we would most likely be experiencing FOMO and panic selling but nevertheless alts are never going to pump as high as they were in 2017 since almost 90% of crypto population got to know they are useless for the community and majority are just mere scams. Also we have got quite a few new names got into the crypto scene like DeFi and NFT while the latter has real world potential and would probably bring in more artists to the space sooner. Considering these factors, I guess we would be surpassing $20k atleast at some point next year or within this year
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