matchi2011
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November 05, 2020, 03:04:00 PM |
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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
take it easy the price of bitcoin I am sure it will recover to the price of $ 19k as happened in 2017, at least we have to prepare a very large amount of bitcoin to be able to get a profit when the price of bitcoin rises and of course have to wait patiently because rising bitcoin prices require a very long process and of course it takes a lot of money to break the price you mention. It's showing a huge pumped and more and more fomo's are coming, need to be very careful as there are chances as always to suffer another dumped and make sure to paly your cards well. This massive pumped really showing the potential that history is repeating itself, before this year ends, the value more likely be touching $15k or more.
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tsaroz
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November 05, 2020, 03:12:19 PM |
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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
take it easy the price of bitcoin I am sure it will recover to the price of $ 19k as happened in 2017, at least we have to prepare a very large amount of bitcoin to be able to get a profit when the price of bitcoin rises and of course have to wait patiently because rising bitcoin prices require a very long process and of course it takes a lot of money to break the price you mention. It's showing a huge pumped and more and more fomo's are coming, need to be very careful as there are chances as always to suffer another dumped and make sure to paly your cards well. This massive pumped really showing the potential that history is repeating itself, before this year ends, the value more likely be touching $15k or more. surely the market is much more resistive than the last time. Many people would be willing to cashout their profit. 15K is a testing resistance. There bound to be a correction but with so much people and companies into bitcoin, it is sure to achieve higher lows and higher highs. I think it would be wise to sell some of your coins (around 14.9K) if you already are in profit.
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condoras
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November 05, 2020, 04:32:56 PM |
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It might seem irrelevant but I wanted to express my feelings for the "new" record/ bull run.
Today I see an order of mine from mid-late 2018 that I place it as a reminder, as a sign, as a hit point, you can name it as you think and see fit. It's not the amount or any profit that makes it important but the meaning of it, at least for me. Despite all the hard fight that all the members of our community gave and still give from all over the world because they believe in BTC and all its principles from the day they saw it, despite the war that every traditional finance system make on us with crap news and fake disastrous predictions, despite the trolls, the "bans", the "financial gurus" etc centralized puppets, we are still here... And we will BTCe here to see King marching and brake any record that they will put, as a way to measure its power. Now all of them comes to adopt it, to make their own replica, to praise their knowledge like they invent it (lmao). Now "the bubble" becomes their "precious"... HODL fellow travelers, to the moon and beyond!
P.S1: All this time we counted fellow members losses from rl issues. RIP to all of them (you are missed brothers and sisters), I'm sure that wherever they are will be more than happy to see this line bar rising again (and again, and again, and again).
P.S.2: The amount was 0.015BTC bought @6550$ and sold @15151$...
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bounceback
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November 05, 2020, 05:59:23 PM |
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Bitcoin for the first time after break $20,000 last three years now back above $15,000 and give many question will bitcoin keep stronger or back down again what last happen. I think have effect with United State election why make bitcoin suddenly could pump to higher price, now we waiting for after success reach $15,000 how long bitcoin will break out again to $16,000 and going on until $20,000 again. Just my question will have some investor make drama to drop bitcoin price because many people panic after getting bad news with bitcoin and sell bitcoin without care just drama running by some investor.
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7788bitcoin
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November 05, 2020, 06:08:09 PM |
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On the other side, cheers for those hodlers out there. Always remember to take profit when you have the chance. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) We are not expecting a major correction and as per the past rallies the market usually start rallying the next year after halving but the market is going crazy now may be because of the US elections, i am not sure why the market started rallying and broke a few resistance quite easily and surged past $15k which i did not expect, but the market is bound to move higher and i have the patience to hold for a few more months as i truly believe that the major rally will start by the end of first quarter next year.
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seoincorporation
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November 05, 2020, 06:17:40 PM |
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And now over $15k, it makes me think the USA elections are behind this bitcoin bump. Things are getting really hot and trump is close to losing it, that's why we see tons of people on the panic buy and that is bumping the prize to the moon... If things stay like this we could see $20k in a couple of weeks, so is the right time to hold, be patient, and play it smart.
The weird thing is that only bitcoin is going up at this moment, the other coins don't look to be on the same track.
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bonjouros
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November 05, 2020, 06:23:46 PM |
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Bitcoin is continuing to dominate that market as it was able to break the $14k barrier while continuing to increase it's dominance also as it is now sitting at 65.2%.
Yeah, we should expect that there will be setback to bitcoin price especially if it can reach to $15K then there is a big possibility that it will go down again to $13k. But if the bull season will be triggered by this increase then there is a little possibility that this increase will continue until we will hit the $20k price.
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November 05, 2020, 06:26:09 PM |
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In fact, it has touched $15,250 and the price of bitcoin will continue to move, no matter what situation occurs because at the end of this year at least bitcoin price movements will certainly continue to increase and even though there will be a correction, it is not a big correction. I personally will not relate to the political situation or anything that happened, because the time to repeat the history of reaching the moon for bitcoin prices will happen in the near future, so with this price increase it makes me more confident.
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Heisenberg_Hunter
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November 05, 2020, 07:18:45 PM |
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take it easy the price of bitcoin I am sure it will recover to the price of $ 19k as happened in 2017, at least we have to prepare a very large amount of bitcoin to be able to get a profit when the price of bitcoin rises and of course have to wait patiently because rising bitcoin prices require a very long process and of course it takes a lot of money to break the price you mention.
2017 was completely a different scenario tbh and the market was still young to mature. Bitcoin pumped all the way from a few hundred dollars to $20k within a year with so many bad actors coming into the community to scam poor newbies. I was one among the poor newbies to lose a thousand dollars in a few shitcoin scams. But with maturing market and more and more companies investing in bitcoin, we got to know about differentiating the scammers and real currencies like BTC, XMR and other promising alts. With the price rising even more, even owning 1 bitcoin has become really difficult for long term and with more and more years passes by bitcoin will have more purchasing power i.e we can buy more goods for 1 bitcoin than what we bought back in 2015 or 2016. Square is one of the legit companies to invest in bitcoin and I am very much sure data stealers like Mark and Google will never invest in bitcoin but rather try to create and advertise a currency like Libra.
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Distinctin
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November 05, 2020, 10:33:44 PM |
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Got be serious, Bitcoin is peaking up almost everyday. I can't see its consistency which I think that $14,500 is hard to reach if the situation remains like that but look, we are even surpassing $15,000. Are we totally in the Bullish right now? 2017 happenings are possible to come again if the momentum will keep that way. Is this the result of the US election? Well, I'm not sure if people are expecting this surge right after the US election. Those who buy earlier are so lucky to have this price.
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Rengga Jati
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November 05, 2020, 11:00:36 PM |
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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
It is still continuing. We can see the progress of the BTC price is very actual and also sharp this day. The price itself has reached $15,418.00 USD (it experiences an increase plus more than 9.85%) as we can see in the Coin market Cap and other trackers. https://coinmarketcap.com/currencies/bitcoin/And about what I have collected, unfortunately, I have not much BTC and unfortunately, I sold it earlier, only left it some. So, it really teaches me again, not to regret what decision I have made by selling it earlier. because it can be said that 50% of my BTC is sold to secure the funds and the least is for HODL again. I still believe that BTC prices can still reach higher prices. $20k maybe our target, but I personally will look at the $18 first before reaching that ATH. Let's see and watch how the market will tell us. 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.
Is it true? Even though I thought, if Trump loses, the crypto market will actually increase. But yeah, we need to check and analyze what the market will happen later, analysis is very needed in order to make the right decision. SO does the news, good news always gives good progress in the crypto market, especially for Bitcoin.
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Kemarit
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November 06, 2020, 12:50:08 AM |
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Got be serious, Bitcoin is peaking up almost everyday. I can't see its consistency which I think that $14,500 is hard to reach if the situation remains like that but look, we are even surpassing $15,000. Are we totally in the Bullish right now? 2017 happenings are possible to come again if the momentum will keep that way. Is this the result of the US election? Well, I'm not sure if people are expecting this surge right after the US election. Those who buy earlier are so lucky to have this price.
Perhaps it was due to the ongoing US election and Joe Biden on the front seat of the race. Nevertheless, this kind of events doesn't have bearing to the price in the long term. It's good to see that Bitcoin again pushing to almost $16,000, which majority of us predict will be top only in December. But then again, we can't complain, Bitcoin again proven itself, and with so many positive news, perhaps $17,000-$18,000 could be in the horizon at the end of this year.
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michellee
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November 06, 2020, 01:38:45 AM |
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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 If you ask for hope, I think many of us have a hope to see bitcoin price to rise again, and they see it now because bitcoin price can break $15k (finally). The price still going up to break $16k, and that is a surprise to us to see the price can increase more than $1k in just one or two days. But then again, we can't complain, Bitcoin again proven itself, and with so many positive news, perhaps $17,000-$18,000 could be in the horizon at the end of this year.
That price will be on the way to become real. But we need to have the patience to see the price will still increase. As the price now want to break $16k, we might see it soon. The situations now are good for bitcoin to rise still and hopefully, and bitcoin can be strong to touch the high price. Well, we are now seeing the new ATH for temporary.
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davis196
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November 06, 2020, 06:03:25 AM |
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We've been waiting for this since 2017. The 2017 price boost was caused by Bitcoin futures trading hype+Bitcoin Hardforks+ICOs pumping the price of both Ethereum and Bitcoin. The current 2020 price boost is caused by the US stimulus plans+the corona recession+investors looking for a safe heaven asset+mainstream media and big corporations being overall positive about Bitcoin and crypto in general,in comparison to 2017,when the FUD was massive.
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UserU
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November 06, 2020, 07:05:28 AM |
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That price will be on the way to become real. But we need to have the patience to see the price will still increase. As the price now want to break $16k, we might see it soon. The situations now are good for bitcoin to rise still and hopefully, and bitcoin can be strong to touch the high price. Well, we are now seeing the new ATH for temporary.
Almost 3 solid years since we've seen it climbing this high. But I'd be more cautious this time since the FOMO trend is dejavu. Who knows another wave of sells might surface once people quickly exit the market.
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Inkdatar
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November 06, 2020, 07:15:50 AM |
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This is it, new peak reach for bitcoin price and a lot of positive happen lately in bitcoin market. With the presidential election event, btc crossed above $14k price. Hopefully this will be sustainable and it could reach $20k. So before the end of the year in my opinion it’s not impossible for bitcoin to reach $16-18k or more so.
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LogitechMouse
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November 06, 2020, 07:33:58 AM |
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But I guess we will have a little pull back so as to adjust the price. Higher high and then higher low ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) All of the market are doing a pullbacks after a massive rise and that will also happen into Bitcoin. What are are seeing right now is a series of a higher lows starting from March until now. Whenever the people is optimistic into Bitcoin, that often is a bearish signal already at least for me as a contrarian ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) . Overall, lets just wait for the correction of Bitcoin and where it will land ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . All of the Bitcoin holders including me are happy with what we are seeing ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) .
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Alucard1
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November 06, 2020, 07:40:39 AM |
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This is great news for every investor and trader, there are many incomes they can have because of the movement price of the bitcoin. this is it! we are now in $15k and the next target is $20k I am hoping that I will see this within this year and if that would happen then this would be the first time for me to see bitcoin reaching that amount of money, even though it already reaches $20k before way back 2017 but I wasn't able to see it because that time, I don't have any knowledge about cryptocurrency and now we're almost here ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) .
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larus
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November 06, 2020, 07:42:01 AM |
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Will we see 16k breakout today? I really hope so. We really near new ATH
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hridoyb
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November 06, 2020, 11:46:20 AM |
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Yes, I am also excited. Bitcoin also back like a king. Bitcoin price hit up to 15k hope it will be 17k before the end of the year.A new, comprehensive analysis has predicted the price of bitcoin to reach almost $20K this year and will keep rising to almost $400K by 2030
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