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Bitcoin exceeds $ 8,000 after breaking a major resistance

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On 1/18/2020 at 11:08 AM, hasankhan said:

I think it is  true and 10,000 dollars is coming now this 2020 and also hopefully  nest year  will rise  15,000 dollars  in 2,000 dollars will be hit. 

"Bitcoin" digital currency prices jumped to the highest level in two months, thanks to the acceleration of currency demand levels, 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.

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In trying to see the big picture, Bitcoin can see in it the classic symmetric triangle pattern that started in December last year, all possibilities are present and the critical areas are when the price touches the side of the triangle it is difficult to determine the prices but the strong trading volume will be the main factor to determine the direction of Bitcoin in the future.

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On 1/8/2020 at 4:53 AM, 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?

 

I believe that it will go unto what we called "bull run". Its because we are now experiencing or seeing bullish events that indicates that bull run will soon to come and that what we all waiting for, right?

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On 1/8/2020 at 1:53 AM, 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?

 

BTC will make a great bull in short time and this will happen in 2020 because this is the year when the BTC will show us his power and this time BTC will make a bull and it will touch the high like 200,000$ because from last history it will do same high.


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16 hours ago, Hatred said:

I believe that it will go unto what we called "bull run". Its because we are now experiencing or seeing bullish events that indicates that bull run will soon to come and that what we all waiting for, right?

Bitcoin digital currency fell today to deepen its losses for the second day in a row, due to the slowdown in investment demand levels, amid expectations of a continued decline to test the $ 8,000 barrier, in light of the scarcity of positive incentives that help the price to rebound again and return to the highest levels in two months.

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Bitcoin price has been declining for the past two days and the price is between 8,000 and 8,200 price-resistance areas and I hope it will bounce up from it.

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The resistance is now a support line. Hopefully the support isn't broken because then we can expect a further downward trend for Bitcoin. I trust that won't be happening with the halving coming in May.


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I think it will reach its highest level in months, maybe it will reach $ 10K and maybe a little more, but in my opinion it will definitely increase.

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In my view, the largest coded world, needs new positive incentives, in order not to lose $ 8,000 levels, and stick to the hopes of returning again to trades above $ 9,000 levels.

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It is already January 26, 2020 already and so far bitcoin did not move back below the 8k$ support. But there is still resistance above 8k$ thus it will take some time before we can see or break the 9k$ point of value. But as I see it we can already see 10k$ by the end of the year hopefully.


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Bitcoin markets have been positive recently, but have declined over the past two days. At this point, we are preparing an argument for a possible bounce, but it is also worth noting that we are in an important long-term area.

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Bitcoin price tested the initial resistance level 8880.00 and maintained its stability below it, to keep the downside scenario valid and active during the upcoming sessions, which aims to test the 8510.00 level as a next station.

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Bitcoin prices rose to continue their gains for the second day in a row, due to improved levels of demand for the largest cryptocurrency in the world, especially the demand for hedging risks, in light of the escalation of the panic that dominates the markets, due to the spread of the new Corona virus in China.

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i think  we see bitcoin now breaking over 9000$ but a lot of people say its going over 9k because of the corona virus, but only time will tell.

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And now we are back at $9,000. but that was a few hours before, now it was under $9,000. I am sure we will fly again after breaking through $9,000 in the future.

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If take take into consideration last two halving then I think halving is near because alts are performing good in this market and bitcoin is also going up and almost all coins are performing good and they suddenly start rising.

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Increased trading volume means a large cash flow and an increase in the liquidity ratio, meaning that there are more people seeking and selling the financial asset and putting their money in it. The size of the liquidity can be used to measure the extent of interest in the asset.

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It's true that bitcoin has surpassed $ 8000. A great number for bitcoin to go further. and I think that after the first half of 2020, bitcoin will go up sharply

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On 1/8/2020 at 2:38 AM, 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?

 

In 2220 the price has been dropping and gaining alot of fluctua price. The current pan is around $9000. The price can't be predicted and we should move  on what the price and also me should move on with it.

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It should be heading upwards to prove that Bitcoin is now in the bull trend and this should be the case but there will be bumps a long the way we should not expect to have a steadily climb Bitcoin could dip from time to time because of the correction.


 

 

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Bitcoin prices rose to continue their gains for the fourth consecutive day, recording the highest level in two months, after the success in exceeding $ 9,000 levels, thanks to the acceleration of demand levels, on the outskirts of reaching the most important psychological barrier levels at $ 10,000.

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Bitcoin digital currency managed to exceed $ 9,000 levels, thanks to the accelerated levels of demand for the largest cryptocurrency in the world, especially the request to hedge the risks, and the currency is currently targeting access to the most important psychological barrier levels at $ 10,000.

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On 1/8/2020 at 3:53 AM, SuperCrypto said:


With prices beginning to move up, investment demand has been active by institutional and retail investors,

 

how do you get this kind of information?

 

bitcoin prices are now at $ 9k after last night's rise and are currently at a stable level and falling slightly -0.4% . based on the current market it is likely that today the value of bitcoin will decrease a little because from what I have seen that three days ago the market rose is always dominant because of market demand.

 

I was convinced by this analysis and what I was thinking at the moment. https://www.tradingview.com/chart/BTCUSDT/0dKw30vu-Bitcoin-What-you-ve-been-doing-this-whole-time/

 

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On 1/27/2020 at 11:48 AM, SuperCrypto said:

Bitcoin markets have been positive recently, but have declined over the past two days. At this point, we are preparing an argument for a possible bounce, but it is also worth noting that we are in an important long-term area.

the positive moves have been said to be because of the corona virus and others said it was because of the Iranian and united states war, either way bitcoin is going up

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