Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: TomPluz on June 29, 2020, 05:42:16 AM
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I think yesterday Bitcoin slipped back to the $8000 zone but hours after it made a rebound and right now it is staying at $9100. Bitcoin is fighting back the bearish tendencies and there is a good chance that some institutional investors came in to take advantage of the dip.
While we small holders and enthusiasts can not do anything of magnitude to push Bitcoin beyond the $10,000 (the big goal for now), as for me I can only cheer it up and not move or convert my Bitcoin.
I am really looking forward for BTC to soon get away from the below $10,000 level...
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Investing.com - Bitcoin continued to weaken on Wednesday, but prices remained above the $ 9,000 + level
Bitcoin is trading at $ 9,142.30 at 19.35 West Indonesia Time, down about 1.5%, or $ 134.
There is no clear reason for the decline in Bitcoin, which began this morning.
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Although GBTC is buying large amounts of BTC from the market, I still think that the price of BTC cannot be higher than $10K in 2020. PlusToken is one of the reasons, moreover ISIS switched to XMR, the ponzi wave is coming back. There will also be bad effects on the price of BTC.
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While we small holders and enthusiasts can not do anything of magnitude to push Bitcoin beyond the $10,000 (the big goal for now), as for me I can only cheer it up and not move or convert my Bitcoin.
I am really looking forward for BTC to soon get away from the below $10,000 level...
I think it would be a nice decision. You know, that a lot of people ask themselves " Is Bitcoin a good investment? ", and I can tell you that I could find this resource ( https://allcryptolive.com/2020/06/23/how-to-invest-in-cryptocurrency/ ), where I've discovered many answers on such questions and really useful information about crypto investments.
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I think after corona Pandemic covid19 passing, bitcoin obviously hit more than $10k line. Now bitcoin price below $10000 but now appropriate time for investing. If anyone can invest, he must return a good benefits from investment.
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This moment is tough to bitcoin holders either they withdraw or still fight to hold until bearish gone. It is not bitcoin alone who is fighting but also behind the scene the investors who hold big or small amount of bitcoin. Hope the very motives why majority still hold btc.
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Yeah, Bitcoin already tried to survive above $9,000 for weeks. The investors have supported the Bitcoin to stay above $9,000. If the Bitcoin drops below $9,000, then there is a chance to go below $8,000. I ever heard a rumor stated that prediction, so I am a bit worried.