Just in - Bitcoin at $15 000

[beerlover]

^I agree that it is definitely steady, but not parabolic, it is more like it is going up in a stable fashion and not in a skyrocket fashion. Normally I have seen crypto make faster moves inside a week and even though I agree that price has gone up over 50% in month or so, it also didn't do it in a week very quickly.

Just to give you an example, this is the same coin that crashed as low as 3.6k or 3.8k levels during march because of pandemic from all the way 9k and it went back up to over 5k over night as well. I know that was just one example but in one night in span of 8 hours we moved from 9k to 3.8k to 5k, which is parabolic if you ask me. Bitcoin "can" do that even though it is rare. This is not like that, it is a steady decent increase over long period of time.

[hahay]

Right, even in the last seven days bitcoin price has continued to increase until it currently stands at $16k, I can't say it's a slow movement but on the contrary, I guess it's a fast movement. With that said, it is possible to place $20k at the end of November if the movement continues like this, maybe it will also be a surprise as the price continues to strengthen because even though there was a correction low it did not change anything to keep going up.

[Fredomago]

Right, even in the last seven days bitcoin price has continued to increase until it currently stands at $16k, I can't say it's a slow movement but on the contrary, I guess it's a fast movement. With that said, it is possible to place $20k at the end of November if the movement continues like this, maybe it will also be a surprise as the price continues to strengthen because even though there was a correction low it did not change anything to keep going up.

Just a week ago after breaking $15K and now it's moving forward and reached another height. Not impossible to 
touch $20K or more before this year ends.

Maybe there are still pressures and there are still possiblities of falling back but in a week period of time we seen much stronger
barrier and it keeps holding it.

If tehre are more new investments and new investors to play inside and start working with thier
position it will soon create much bigger impact to the entire market and will attract more people
to start looking to this venue of investment for their own opportunities.

[CyberKuro]

^I agree that it is definitely steady, but not parabolic, it is more like it is going up in a stable fashion and not in a skyrocket fashion. Normally I have seen crypto make faster moves inside a week and even though I agree that price has gone up over 50% in month or so, it also didn't do it in a week very quickly.

Just to give you an example, this is the same coin that crashed as low as 3.6k or 3.8k levels during march because of pandemic from all the way 9k and it went back up to over 5k over night as well. I know that was just one example but in one night in span of 8 hours we moved from 9k to 3.8k to 5k, which is parabolic if you ask me. Bitcoin "can" do that even though it is rare. This is not like that, it is a steady decent increase over long period of time.

Bitcoin did a high leap within days, for example, bitcoin rise from $13,500 to $15,900 in just two days. in early September bitcoin price drop from $12K to $10K but then starts to climb up in early October back to $12K, surpass $13K and reach the peak at $14K. in the early days of November, bitcoin doing sideways on support level at $13,500 but right now manage to reach $16K after the high leap. However, I agree that bitcoin price increase is quite stable with some corrections and sideways to this point. But it may be just the beginning before taking another high leap within a few days.

[2double0]

Within a week, btc gained around 8% of $15k and is currently holding $16300 which is a clear sign of bullishness. But let's remember that this area is vulnerable to dumps as seen in the old rally which may not be the case if this rally breaks up above $17k. I did not buy btc but earning it and those who are like me and earning btc must be very happy that we invested our time for the best thing.

[EdenHazard]

^I agree that it is definitely steady, but not parabolic, it is more like it is going up in a stable fashion and not in a skyrocket fashion. Normally I have seen crypto make faster moves inside a week and even though I agree that price has gone up over 50% in month or so, it also didn't do it in a week very quickly.

Just to give you an example, this is the same coin that crashed as low as 3.6k or 3.8k levels during march because of pandemic from all the way 9k and it went back up to over 5k over night as well. I know that was just one example but in one night in span of 8 hours we moved from 9k to 3.8k to 5k, which is parabolic if you ask me. Bitcoin "can" do that even though it is rare. This is not like that, it is a steady decent increase over long period of time.

Bitcoin did a high leap within days, for example, bitcoin rise from $13,500 to $15,900 in just two days. in early September bitcoin price drop from $12K to $10K but then starts to climb up in early October back to $12K, surpass $13K and reach the peak at $14K. in the early days of November, bitcoin doing sideways on support level at $13,500 but right now manage to reach $16K after the high leap. However, I agree that bitcoin price increase is quite stable with some corrections and sideways to this point. But it may be just the beginning before taking another high leap within a few days.

That's the definition of November rain!

You'll never know what will happen next. I assume we are all bullish but you should never forget about the correction and bubble possibilities, are we really deserve this price now? Are we really targeting a reasonable price next at $20k , $25k? Well yeah sometimes bitcoin doesn't need all these makes sense reasons which why most people consider bitcoin as a place to make a speculation. And this is the right time to make your own speculation by buying it now or never at all.

[cryptomaniac_xxx]

Within a week, btc gained around 8% of $15k and is currently holding $16300 which is a clear sign of bullishness. But let's remember that this area is vulnerable to dumps as seen in the old rally which may not be the case if this rally breaks up above $17k. I did not buy btc but earning it and those who are like me and earning btc must be very happy that we invested our time for the best thing.

It went as high as $16500 then got rejected in the last couple of hours, so we shouldn't expect $17k that very easy as compare to runs from $12k-$15k. Yes, this could be vulnerable to dumps, but just minor once. But we shouldn't be resting or feel comfortable. There are still group of analyst even seeing a huge dump ~5 digits again after this big rally. So we will see, if we retain above $16k for sometime before another ascent to $17k or it goes down hard as minority has predicted.

[darewaller]

Just in, bitcoin at $16.4k . I mean we are going up so much that even topics at bitcointalk can't catch up with how fast bitcoin is going up. It is a great period to be involved in crypto, it is really going amazing for all of us. Obviously this will not continue forever, we are not going to see a million dollar per bitcoin in the next 6 months, this is not something like that, but at least if we check what has happened in the past 3 months, we could say that bitcoin has been one of the best investments anyone could have made in the world, there is nothing that is as profitable as bitcoin (maybe pfizer after the news).

So, I would say it is highly important that we keep focusing on our future but never really leave our history behind neither and be proud of what we have achieved.

[Smitty Werben Man Jensen]

I saw Bitcoin this second at a price of $ 15,587 in 24 hours. It’s been really amazing for several weeks, from October bitcoin keeps jumping. It seems that the demand for bitcoin is getting higher The number of communities in the crypto circle is increasing, many merchants and online shops are accepting bitcoin as a means of payment and we are likely to see that the price of bitcoin will be much higher and is it possible to reach $ 20,000?

From now until the end of this year things are going to be excited and this is the best time to check the price from time to time, Bitcoin is gaining ground but not the majority of the altcoin, I would like to see some of the altcoins I'm holding to pick up the price, like what happened back 2017. 

nice to see Bitcoin price above $ 15000 and $ 15000 has now become strong support,
I hope bitcoin price can return to $ 19000 first, because I am sure Fomo will come and make a new all time high happen.

[STT]

Its wavering on the edge is how I see this, I expect it to teeter both sides before letting us know which way it'll go.    I think down before up but so far its not really moved just resting on the previous high like a pivot.



So its found 2 day average as the ceiling to the weekend price action and now its checking 15800 area as support, which I've drawn in on the chart last week so its doing everything expected.  Its only really moving in price when unexpected actions occur, so Japan opens its main markets trading soon and usually we get a different stream and mood to price then.    Cant call it negative or bearish yet, its far above the weekly average in orange there or 15600 roughly.    BTC often does this, slides sideways caught in a thought about what next.

[Yaunfitda]

^^ I was surprised to see the price ~$16k again, but I thought its Monday morning in Asia today so there might be some movement that will push the price to $16k again. So let's see if the price movement from Asia will have a positive effect (I do hope), but in any case that a $15600, still looks healthy correction to me. Probably that will be the (strong) support for now before making another spike to $17k-$18k next month.

[Kemarit]

^I agree that it is definitely steady, but not parabolic, it is more like it is going up in a stable fashion and not in a skyrocket fashion. Normally I have seen crypto make faster moves inside a week and even though I agree that price has gone up over 50% in month or so, it also didn't do it in a week very quickly.

Yep, that's how it should be, stability is the key here. And I think this is the result of investors getting mature as they have gain so much experience from the 2017 bubble and the eventual 2018 crash. Now they are very careful not to FOMO, also it is unavoidable, but smart investors know when is the right time to invest.

Just to give you an example, this is the same coin that crashed as low as 3.6k or 3.8k levels during march because of pandemic from all the way 9k and it went back up to over 5k over night as well. I know that was just one example but in one night in span of 8 hours we moved from 9k to 3.8k to 5k, which is parabolic if you ask me. Bitcoin "can" do that even though it is rare. This is not like that, it is a steady decent increase over long period of time.

In less than a year, we have bounce back very nicely, and if we look at the chart, it was a slow and steady gain. Next goal is $18k then a eventual new all time high next year. But it will not be easy, there could be waves of price correction before we settle down to a new highs.

[DustyRah]

As far as I can tell from the charts (only the technical analysis and not fundamental), Bitcoin should start coming down now. The MACD and EXP lines are about to cross and the divergence is nearing 0. That said this happened in May and June only to get higher in July so its all up in the air.

It will be nice and fine if it can settle around 15k and make it across this year into 2021 at or above 15k and consolidate around there.

[traderethereum]

^^ I was surprised to see the price ~$16k again, but I thought its Monday morning in Asia today so there might be some movement that will push the price to $16k again. So let's see if the price movement from Asia will have a positive effect (I do hope), but in any case that a $15600, still looks healthy correction to me. Probably that will be the (strong) support for now before making another spike to $17k-$18k next month.

Yes, the price now back to $16k, so we can make a profit again. Although the price is not back to $16,400, it still a good profit for us.
Some people already sold their bitcoin at the current price, but they also wait for the next high price, which will happen later.
Maybe the correction will be back again, but I am sure that the price can handle it and the price can be back to have another rally.
But we need to be careful because we don't know how deep the correction will come later.
After all, the correction itself will always happen in the crypto market.
The price will touch the other high price and make another spike, and hopefully, the price can touch more than $17k-$18k.

[blckhawk]

Right now Bitcoin has made a movement again for the last few weeks its been hovering around $15k USD and look at it now entering the mark of $16k USD once again.
It might be a slow movement but if this continues there's no doubt that maybe at the end of the month we are close to setting new ATH and by the month of December we might already hit the old ATH.
Maybe this the bull we are all waiting for some. I believe that some are already been selling now and I can't blame them, in fact, I think it was the right thing to do because we never know if it is all just a show.

[justdimin]

stability is the key here. And I think this is the result of investors getting mature as they have gain so much experience from the 2017 bubble and the eventual 2018 crash. Now they are very careful not to FOMO, also it is unavoidable, but smart investors know when is the right time to invest.

Stability provides safety and that is the most important part. Having bitcoin go from 16k today to 50k in a month would scare me, I would get out right away if I see 25k+ in a week for example, wouldn't wait and wouldn't be too upset if it reaches 50k after I sell, because that is too scary to wait.

Because bitcoin going from 16k to 50k in a month means it is overvalued and the price is balooned up and shouldn't be there. However if I see 20k breached and reached to 25k levels in 1.5 months left in this year, all happening very slowly and increasing just like how it did so far to this point, I would definitely wait and not get out. Both scenarios reaches 25k and in one of them I sell and in another I wait, so my position is not based on price but how it gets there.

[Yamifoud]

keep calm, bitcoin is still above $ 15000 this is good news,
because if it persists and sideways then we will see a surge for altcoins, of course some whales will try to accumulate bitcoin in altcoins,
I believe this increase in Bitcoin is just the beginning to get bull back.

I hope they will and this will give a chance for altcoins to pumps and also investors will never get tired of waiting. Currently, Bitcoin keeps moving back high again reaching almost $16,500. Ain't that to surprise us but have to wonder why altcoins still in the red. I'm not going to assert that this a kind of market manipulation made by whales but this is probably because more investors are focusing more on Bitcoin than altcoins. Kinda not a new thing to us but this year is quite different from previous hypes where they all dump and pump together.

[Yaunfitda]

^^ I was surprised to see the price ~$16k again, but I thought its Monday morning in Asia today so there might be some movement that will push the price to $16k again. So let's see if the price movement from Asia will have a positive effect (I do hope), but in any case that a $15600, still looks healthy correction to me. Probably that will be the (strong) support for now before making another spike to $17k-$18k next month.

Yes, the price now back to $16k, so we can make a profit again. Although the price is not back to $16,400, it still a good profit for us.
Some people already sold their bitcoin at the current price, but they also wait for the next high price, which will happen later.
Maybe the correction will be back again, but I am sure that the price can handle it and the price can be back to have another rally.
But we need to be careful because we don't know how deep the correction will come later.
After all, the correction itself will always happen in the crypto market.
The price will touch the other high price and make another spike, and hopefully, the price can touch more than $17k-$18k.

See I told yah,  Asian market is really into bitcoin specially when it's opening at their time frame, $16,600 going to $16,700, so this is another retest in the following days, so let's see if we can sustain the growth for this week at least, resistance becoming support and then goes to the next level of $17k-$18k December, we are extremely in the bullish phase.

[btc_angela]

Right now Bitcoin has made a movement again for the last few weeks its been hovering around $15k USD and look at it now entering the mark of $16k USD once again.
It might be a slow movement but if this continues there's no doubt that maybe at the end of the month we are close to setting new ATH and by the month of December we might already hit the old ATH.
Maybe this the bull we are all waiting for some. I believe that some are already been selling now and I can't blame them, in fact, I think it was the right thing to do because we never know if it is all just a show.

Been observing the price is the last 8 hours, it went as high as $16700 again, and goes down to the support at $16500. So maybe there are traders who are shorting bitcoin, enough for them to profit for a day and then that's it. But shorting bitcoin right now when we are in a bull run is not a good strategy.

Nevertheless, I'm seeing December as a good month as well, $17k is not that far, so it's better just to hold for now and no selling, continue to stack sats is my motto.

[traderethereum]

^^ I was surprised to see the price ~$16k again, but I thought its Monday morning in Asia today so there might be some movement that will push the price to $16k again. So let's see if the price movement from Asia will have a positive effect (I do hope), but in any case that a $15600, still looks healthy correction to me. Probably that will be the (strong) support for now before making another spike to $17k-$18k next month.

Yes, the price now back to $16k, so we can make a profit again. Although the price is not back to $16,400, it still a good profit for us.
Some people already sold their bitcoin at the current price, but they also wait for the next high price, which will happen later.
Maybe the correction will be back again, but I am sure that the price can handle it and the price can be back to have another rally.
But we need to be careful because we don't know how deep the correction will come later.
After all, the correction itself will always happen in the crypto market.
The price will touch the other high price and make another spike, and hopefully, the price can touch more than $17k-$18k.

See I told yah,  Asian market is really into bitcoin specially when it's opening at their time frame, $16,600 going to $16,700, so this is another retest in the following days, so let's see if we can sustain the growth for this week at least, resistance becoming support and then goes to the next level of $17k-$18k December, we are extremely in the bullish phase.

That is right. I hope that we can sustain the growth this week, and we will see the price will rise again and break $17k.
I smell the rising will come to us in near, so we need to find how we can buy bitcoin at a low price so that we can wait for the next rallies.
Many speculations out there that bitcoin price will soar to $18k-$19k and even $20k in the next month, and I think that can be right because bitcoin price does not move significantly.
So we need to wait for more and enjoy this moment by buying bitcoin and try to sell bitcoin to make a profit.
If you want just to hold bitcoin until the price can touch $17-$19k, that'll not be a problem because, in the future, the price will be at that range of the price.