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Author Topic: Bitcoin is $10,000  (Read 676 times)
tippytoes
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July 29, 2020, 11:30:49 PM
 #81

It had crossed 11k and was above that levels for some time and then started to take a dip again back and now at 10900$. I think it is not supporting above 11k, but will see if it can test again and will it be able to stay above those levels or will fall back again. But it has crossed very quickly from 10 to 11k .
It is supporting the $11k and in fact, just made it back to $11,200.

We're thinking that it will be the last time that it will be on $11,000 and suddenly will go back to $10,000 and $9,000. But this time, it's going strong and if it supports $10,500 - $11,000 for how many weeks, it will give me a sigh.

Apparently we experience some little dumps but the support is strong so I assume that we will experience a little more pumps in next following days. but we can't really be sure if this will really continue in next following months since there is a downside of everything and we need to be ready for that.

I'm casting my loads now and will secure my profit anytime soon once I see some bad angles.

Short term trading is a good opportunity right now. If someone has the funds, he can easily gain profit as the change for the past 24 hours is already big. But need to be careful though. It can go back easily so you need to be ready and don't be so greedy with profits. Now, that we are again getting green in the market, other alts are also enjoying this ride. We can also look at possible profitable alts like eth.
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July 30, 2020, 02:04:58 PM
 #82

It is supporting the $11k and in fact, just made it back to $11,200.

We're thinking that it will be the last time that it will be on $11,000 and suddenly will go back to $10,000 and $9,000. But this time, it's going strong and if it supports $10,500 - $11,000 for how many weeks, it will give me a sigh.

Apparently we experience some little dumps but the support is strong so I assume that we will experience a little more pumps in next following days. but we can't really be sure if this will really continue in next following months since there is a downside of everything and we need to be ready for that.

I'm casting my loads now and will secure my profit anytime soon once I see some bad angles.
I wouldn't consider those dumps as literal dumps, we've been up rapidly and those dumps are simple pull backs that are normally happening when bitcoin rises.

It's undetermined if this will continue for the next months but if it will stabilize on this level, we should be happy then.

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July 30, 2020, 03:07:14 PM
 #83

Short term trading is a good opportunity right now. If someone has the funds, he can easily gain profit as the change for the past 24 hours is already big. But need to be careful though. It can go back easily so you need to be ready and don't be so greedy with profits. Now, that we are again getting green in the market, other alts are also enjoying this ride. We can also look at possible profitable alts like eth.

In these situations, we have a chance to make a profit because the price moves up and down and up again. And if we can catch that chance, I think we can get the time to buy bitcoin at a low price, and if we can have patient for a while, we will have the chance to sell at a high price. We can try much time to trade bitcoin this time because, with the price volatility, it will help us get the benefits.

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July 30, 2020, 03:49:46 PM
 #84

It is supporting the $11k and in fact, just made it back to $11,200.

We're thinking that it will be the last time that it will be on $11,000 and suddenly will go back to $10,000 and $9,000. But this time, it's going strong and if it supports $10,500 - $11,000 for how many weeks, it will give me a sigh.

Apparently we experience some little dumps but the support is strong so I assume that we will experience a little more pumps in next following days. but we can't really be sure if this will really continue in next following months since there is a downside of everything and we need to be ready for that.

I'm casting my loads now and will secure my profit anytime soon once I see some bad angles.
I wouldn't consider those dumps as literal dumps, we've been up rapidly and those dumps are simple pull backs that are normally happening when bitcoin rises.

It's undetermined if this will continue for the next months but if it will stabilize on this level, we should be happy then.
Bitcoin has been at over $ 9,000 for a long time, and if in reality the price of Bitcoin will hold over $ 10,500, it is likely that it may rise even higher by the end of the year. And you are absolutely right, even this mark will be very beneficial for us if such a price stabilizes for a sufficiently long period.
In addition, according to analysts, the consequences of the halving should appear in a year, so a rise in prices should be expected.
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July 31, 2020, 01:41:20 PM
 #85

Despite a small pullback, it seems to me this time bitcoin will gain a foothold above 10k for a while. Gold is showing all-time highs and this affects the minds of crypto investors. However, the prospects for bitcoin to reach its ATH only on these reasons are very doubtful for me.

I was right  Cool
But at the moment I am in confusion. I made some profit and it seems like it is worth to fix it, but it looks like there will be sharp moves ahead and there will be more interesting opportunities. What do you think about this? I think we will soon see an increase in volatility.


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February 19, 2021, 05:59:40 AM
 #86

sad I've sold at that time, can not imagine it's 5 time bigger now
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