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Bitcoin exceeds $ 8,000 after breaking a major resistance

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Experts are optimistic about Bitcoin, the world's most popular cryptocurrency. It indicates the similarities between gold and Bitcoin: both score thanks to the possibility of their independent storage with political independence.

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22 hours ago, MeiLynh said:

The growth of the current market and the price have also proven good price increases, so you will also get lots of bitcoins in the future. in the third loss in the past four days, due to a correction from the two-month high of $ 9,188 per training unit.

Bitcoin prices increased almost 17% during the world's most prominent digital currency rose to as much as $ 7,212.73 and the four-day increase in Bitcoin's paw helped offset some of its losses during the first three months of the year.

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The last time it rose to this point was weeks before the month of March before the crisis was resolved these days, it was trying to reach $ 7000
As slow demand increases, so does it, which is growing gradually


Учитесь, учитесь и учитесь на своих ошибках :classic_smile:

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Bitcoin has exceeded $ 9,000 at the end of 2009, but this year has witnessed a very significant drop in the price, as the price has reached $ 4,000, and this is a very low price, but I believe the price will return again in the coming months.

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The Bitcoin cryptocurrency is my neutral view at the present time and it is not clear the final direction as a result of not trading through a specific direction as it moves on an hourly interval between the levels of $ 7080 to $ 6715.

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After the dropped, bitcoin is still heading back to 8000, bitcoin will surely break that resistance and go further in price, this will be our only advantage and hope for bitcoin to continue to rise again

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4 hours ago, Saboor said:

After the dropped, bitcoin is still heading back to 8000, bitcoin will surely break that resistance and go further in price, this will be our only advantage and hope for bitcoin to continue to rise again

Bitcoin is trading through an upward trend that is being formed supported by breaching the falling trend line on the hourly interval, and now the cryptocurrency is retesting the breaching falling trend line.

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26 minutes ago, Tomas2020 said:

The region will play between $ 6,696 and $ 7,217 an important level in Bitcoin price movement at the moment and it can become strong support, that will be a major factor in changing its bearish position.

From morning until now, Bitcoin value has increased by more than $400 and at the time of writing you can sell your bitcoin at $7400 in Yobit. This is a good growth in just 24 hours and today I noticed many traders were buying BTC in Yobit and lots of green bodies were added to the chart. Bitcoin is fighting well against the current crisis and it is not far from reaching $8000. If panic sellers stop selling and keep holding, the price will not fall anymore and keeps growing until full recovery. So, encourage bitcoin owners to prevent from selling.

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Bitcoin fell to retest the breached trend line, but what is optimistic is that the price succeeded in stabilizing above the falling trend line and the rise towards $ 7383 and the price remained stable above $ 7244 levels in most trades.

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22 hours ago, SuperCrypto said:

Bitcoin is trading through an upward trend that is being formed supported by breaching the falling trend line on the hourly interval, and now the cryptocurrency is retesting the breaching falling trend line.

It will still bounce back to upward again, we are expecting it to rise higher soon, after the retest of the support if it will hold on the price

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The price has fallen below $ 7000. The big players in the fledgling crypto market have fueled this fundamental growth and appear to be building up in the wake of the massive cryptocurrency crash in March.

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The prices of digital currencies are constantly fluctuating and the price has decreased a lot recently due to the Corona virus, but now the price is rising and improving and I think it will exceed the $ 10,000 soon.

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It was a bearish start to the day for the package as the package could not recover from previous sales and the bullish start had seen bitcoin rise to a high of around $ 6957.8 before colliding with the other way around.

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The global opinion following the movements of the cryptocurrencies has witnessed a split as usual, but the predominant trend has now shifted to selling Bitcoin, which is the most widespread cryptocurrency.

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I hope that bitcoin started its journey again to rise. We note that in the long run, the sellers intentions are still not good according to technical analysis, and every rise is currently temporary, as the price does not move straight.

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The direction of bitcoin price after this point depends on the movement of the market and the reserves and banks. If you decide to sell it will decrease and if you decide to buy more bitcoin then the price will rise more and exceed the point of 8000 dollars


THINK POSITIVE

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On 4/18/2020 at 8:30 PM, laska smrtici said:

If bitcoin succeeds in resisting at the price point of $ 8000, it will definitely rise towards the top and the target will be $ 10,000, and then $ 12,000

Bitcoin trades rose yesterday by 3% on the day, to exceed $ 7000 again as bulls seem to have increasingly dominated the general trend. To continue to increase the demand for bitcoin. I hope this rise will continue.

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It is good that the price of bitcoin exceeds $ 8,000 point but currently there is a strong fall
I think we might return to this point if Bitcoin continues to do so


 

Life is great and enjoy it

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Since the break of major resistance bitcoin has been trading above 8k and now it's trying to break the other strong resistance at 10k that will signify the beginning of the 2020 bull run once it's archived.

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The price was actually at the beginning of this year. But now it has gone way higher than before. The current price is at 9.5k usd. And still the price is going high with time. So the prices will go more higher in the upcoming days. Because at that time the resistance of current price will also break. And the halving will effect the entire market. So we have to wait to see the bitcoin growing. 

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On 1/10/2020 at 8:14 AM, Win said:

My own opinion buddy is that bitcoin price this year 2020 willbi bullish thats my fearless opinion fir bitcoins as i see the positive outlook of the bitcoins now this day.as 10,000 dollars is near to happen again

Yes thats true and 10,000 dollars is comming now this month and also hopefully nex month will rise upto 13,000 dollars then in midyear 15,000 dollars will(ijust hope)this is,.my own opinion only.

If it will goes 9,000 dollars this month still this is a positive outlook buddy on the price if bitcoins as this day we are looking for more price pump.ihope it will happen budy.

BTC seems to be struggling to gain a foothold above this level. A long-term bitcoin price resistance has emerged for the first time in two months. I'm sure a lot of people who make a quick profit from that movement are also quick to sell it, and that's why it drops. That's what usually happens when the market moves like this.

 

Edited by gloria10yqj

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The price of bitcoin exceeded $ 8,000 more than two months ago and is now trying to break the main resistance at $ 10,000, but it has not succeeded yet. I think that if bitcoin managed to break the $ 10,000 barrier it will continue to rise until the end of this year

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On 1/10/2020 at 8:14 AM, Win said:

My own opinion buddy is that bitcoin price this year 2020 willbi bullish thats my fearless opinion fir bitcoins as i see the positive outlook of the bitcoins now this day.as 10,000 dollars is near to happen again

Yes thats true and 10,000 dollars is comming now this month and also hopefully nex month will rise upto 13,000 dollars then in midyear 15,000 dollars will(ijust hope)this is,.my own opinion only.

If it will goes 9,000 dollars this month still this is a positive outlook buddy on the price if bitcoins as this day we are looking for more price pump.ihope it will happen budy.

Bitcoin declined on Thursday to continue losses for the second day in a row. It can easily reach the maximum price and I think those who do not hold now with science want to make good profits.

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Maybe Bitcoin will go back to $ 9,000 and then soar next year, because this year Bitcoin's bullish signals are unlikely.

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It is true, January experienced a surprising increase because the price rose too fast and suddenly, this triggered people to buy bitcoin and cryptocurrency in anticipation of the price increase in the following month. The price of bitcoin continues to rise until the end of this year, but the last few days have decreased slightly.

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