Bitcoin exceeds $ 8,000 after breaking a major resistance

[Lunaa 238]

I keep monitoring the price of bitcoin since a few hours ago, even though bitcoin was having a hard time to break the resistance on 9400, but it managed to break them just a moment ago. But right now, there seems to be a correction on the price. The price has fall down to a level of below 9350 once more. The next major resistance I believe is on 9500. I hope bitcoin could break them as well. 

[SuperCrypto 7193]

The leading cryptocurrency "Bitcoin" lost 1.2% yesterday, in the first loss in the last four days, due to corrections and profit taking operations, after recording in earlier transactions the highest level in two months at $ 9,444.

[SuperCrypto 7193]

Bitcoin earlier recorded the highest level in two and a half months, but it is in the process of achieving the largest monthly gain since May 2019, thanks to the acceleration of levels of investment demand for the largest cryptocurrency in the world.

[SuperCrypto 7193]

Current Bitcoin price movement indicates that bulls are controlling above $ 9,200. The BTC / USD pair was well above the $ 9,200 level, and it may soon make another attempt to break through the resistance levels at 9,450 and $ 9,500.

[SuperCrypto 7193]

Bitcoin, BTC, appeared on the social network “Twitter”, again, through Jack Dorsey, the founder of the social site, through his tweet. Can this affect the price of bitcoin even slightly?

[Jami95 38]

The price of  bitcoin was stuck within 7k for a very long time last year. Then after a week n=in 2020 bitcoin broke the barrier and reached 9.1k right now.

[el-Muhammady 718]

On 1/17/2020 at 10:53 AM, SuperCrypto said:

Bitcoin digital price jumped today to the highest level in two months, thanks to the acceleration of the levels of currency demand, after positive news for the Japanese market, the second largest ciphering market in the world, that news supports the establishment of sustainable development, and enhances levels of confidence in the future of the crypto industry.

And due to the hold back in the levels of insist for the cryptocurrency as a equivocation instrument, in elegant of the calm geopolitical tensions between some nation in the world.

[SuperCrypto 7193]

Bitcoin prices fell yesterday to continue their losses for the third day in a row, to move away from the highest level in four months, due to the continuation of the profit-taking sales, and prices are expected to decline further with the aim of testing the $ 9,000 barrier levels again.

[Soaib khan 1035]

Yes bitcoin price rising now bitcoin price around 9400$ I think bitcoin cross 10000$ in february bitcoin looking good in 2020 i hope bitcoin rise more.

[Gunhoo 91]

Yes, the last major resistance was 9500 which already been broke a few days ago. But bitcoin was not strong enough to go above 9500 mark to break another resistance. I think the price of bitcoin right now is trying to break their resistance which is around 9600. The current price is 9445, they need to reach 9500 first

[SuperCrypto 7193]

Previously, a large amount of bitcoin was produced, as at the present time 12.5 bitcoins are produced every ten minutes, whereas two years ago 25 Bitcoin coins were produced every ten minutes, and four years earlier about 50 bitcoins were produced every ten minutes.

[phpMailz 568]

Yes bitcoin has spend the first month in this year breaking through all resistance that is being put up by bears, the bitcoin market is always on the move and it is always moving up and I know there will be no resistance this year that could bring bitcoin down.

[SuperCrypto 7193]

Bitcoin setup is coming. Most people underestimate the reduction of the mining reward in half as an incentive, and its impact on the crypto community. The big event, the fourth half of the bitcoin is expected in May, and if the half pattern will repeat itself and when the market may rise, how it will be different, and how it will affect the two metals, we have already seen its impact on the difficulty of bitcoin mining.

[SuperCrypto 7193]

11 minutes ago, batta said:

actully i donot understaning in analayzing  but i put all my hope in bitcoin and etherume and never give up i used to see it up and down but i wait till reach to 200k

Bitcoin analysis (Bitcoin) (Btc) fell during yesterday's trading from $ 10173 levels as a result of sellers pressure on it and then broke $ 10107 levels, and did not stop there, but continued to decline until the levels of $ 9664.

[aymandr 206]

The euphoria around Bitcoin's break above $ 10,000 appears over the short-term weekend.
The largest cryptocurrency found resistance above that level, reaching $ 10194 on Sunday before retreating, according to data compiled by Bloomberg. He faced similar difficulties with this level in September when he exceeded $ 10,000 - in the following month, he lost more than 14%.

[Ali_hmwi 966]

On 1/7/2020 at 10:53 PM, SuperCrypto said:

The prices of the digital currency, "Bitcoin", increased by spot trading on Tuesday, extending its gains for the fifth consecutive day, to touch the levels of $ 8,000 for the first time in about two months, in light of strong demand for the cryptocurrency.
With prices beginning to move up, investment demand has been active by institutional and retail investors, taking advantage of lower prices, in anticipation of large price jumps during the coming period.

Despite the tepid start to Bitcoin at the beginning of this year, and the drop to the lowest level in two weeks, due to weak demand levels, but prices turned suddenly to the rise.

What do you think the direction of Bitcoin after this point?

 

to 11300 after 10500. I always see this section but i never tried to get into crap. i needed to be here more soonner alot of news about bitcoin it may make me gain alot. thanks for 😘

[SuperCrypto 7193]

Some experts predict that the price of bitcoin BTC, at the end of 2020, will reach 40 thousand dollars in one currency, based on this in the spread of Corona virus in China, and the American presidential elections next November, as these will be factors in the price increase.

[Hendy1 370]

Bitcoin trading volatility will always be updated for 24 hours. There is a price change in it, namely supply and demand activities. When bitcoin volatility goes down there is a possibility that with holding prices to remain stable this is where the role of the whale arises by holding prices stable and (bidding) will reduce volatility after that the price will increase again.

[babaji 1228]

And it has crossed in 10k in february of 2020. No one could believe this a few months, all were just speculating with no idea how much btc can go up or down. Even now no one has a clue, if btc will go up, here is strange part, if you who is reading this post right now, sells your coins right now, it will go up, and if you buy coin now it will go down, that is how strange this market is. 

[zain5680 89]

bitcoin is a good currency  and it price is increasing continuously and i hope it will exceeds the  $8000 what did you think??????????🤨🤨

[lgatabcan 6]

Yes I saw btc is on over 8000$ after more at that point two months may gotten to be more tall in few days months it can go to sky like 2018.

[SuperCrypto 7193]

The $ 10,000 level is of course a very important psychological level, and therefore at this point, traders will likely continue to view it as a potential support level. Additionally, there are now some basic reasons for Bitcoin to rise further.

[tienda 8776]

I see many members answered to this topic, and this topic I think needs to be closed because his tittle and content text expired , is from months ago, so I think the moderators of this forum they need to close the expired topics.

 

 

[Seedra 222]

On 08.01.2020 at 00:05, Hamden said:

Hello my friends
I see bitcoin taking off in the sky, perhaps, reaching cloudiness.
and We are blessed with coded rains quench thirst after a recession

What we have to say?is that because the great idea which the manager here give us..or because the hard working , meaningfull comments,the passion of members or it give us coin while we are seating..share me your opinion..and i will be happy

[Raouf99 73]

5 hours ago, fila said:

Well now bitcoin is trying its luck at the 10,000 us dollar range where it seems to be going up and down that value for several days and weeks now. I guess a couple of months ago it was hovering around the 8000 us dollar range so we see how it has progressed.

Bro now it has grown more than the 9500 Dollars  series and will go up.