Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: BradSow on October 01, 2020, 01:21:13 PM
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Bitcoin has been above $10,000 since July 27 and attracts more young investors and crypto enthusiast. Will BTC ever drop under $10,000 ever again?
Read the article if you also find it interesting: https://www.worldcoinindex.com/news/bitcoin-makes-new-record-completes-63-days-consistently-over-10k-the-longest-period-ever (https://www.worldcoinindex.com/news/bitcoin-makes-new-record-completes-63-days-consistently-over-10k-the-longest-period-ever)
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Towards the end of the year, it is likely that the price of bitcoin will decline because welcoming the new year many people will need money. But all will depend on market demand. we will see what happend?
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Towards the end of the year, it is likely that the price of bitcoin will decline because welcoming the new year many people will need money. But all will depend on market demand. we will see what happend?
yea, Bitcoin prices rise or fall above market demand. But I think everyone needs money at the beginning of the year. Those who made new trades want to end the trade by the end of the year. So they put together a certain amount of money for that trade. So I think the price may go down at the end of the year, but at the beginning of the year, a few days after the beginning of the year, the price will go up. And Bitcoin prices are likely to rise sharply.
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yea, Bitcoin prices rise or fall above market demand. But I think everyone needs money at the beginning of the year.
We can only wait for what kind of price movements of bitcoin at the end of the year, we must be prepared for all possibilities. There are only options to invest or hold.
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It is difficult to say whether bitcoin will go above10,000 for the last 66 days as the market is not stable and its rise and fall will continue over time however towards the end of this year, the price of bitcoin may go down a lot but it may start or go up in the medium term. There is no option to hold it is better to invest in long term hold the price will go up.
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Absolutely difficult to say or conclude price movement. It is extremely hard to predict Bitcoin price and many expert, and analyst has not been able to get it accurate.
I think Bitcoin has performed very in 2020 and may be one of ther best records since the invention of crypto. Bitcoin, in opinion, may not go below #10k before the end of this year.
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Of course, bitcoin will still fall in price and can easily fall to both 5k$ and 3k$, because whales need to earn somehow and they will make sure that the bitcoin price sometimes will drop very much, but for now, I think bitcoin will still grow in the price this year.
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Towards the end of the year, it is likely that the price of bitcoin will decline because welcoming the new year many people will need money. But all will depend on market demand. we will see what happend?
yea, Bitcoin prices rise or fall above market demand. But I think everyone needs money at the beginning of the year. Those who made new trades want to end the trade by the end of the year. So they put together a certain amount of money for that trade. So I think the price may go down at the end of the year, but at the beginning of the year, a few days after the beginning of the year, the price will go up. And Bitcoin prices are likely to rise sharply.
Usually the fourth quarter of each year is very good for the cryptocurrency market to grow. Therefore, I don't think there will be a drop in cryptocurrency prices at the end of the year. After the May halving of the remuneration to miners for each new mined block of bitcoin, market participants expect it to grow significantly throughout the year, and therefore the current fourth quarter of the year is a good one for the growth of the cryptocurrency market.
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Yes Bitcoin has been fluctuating below 10k to 13k for the last 60 to 65 days. Bitcoin price has not dropped below 10 thousand in how many days. However, it is not possible to say exactly how much the price of Bitcoin will increase in the future. However, various experts predict that the price of Bitcoin will exceed 20,000$ by 2020.
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I think it is a sign of accumulation and whales seem to silently buying from every dip which has kind of stabilized the price, I think in coming weeks btc will break above this range and price will then start pumping and we will see long awaited bulls to be dominating the market.
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Bitcoin prices are unlikely to rise this year. I think the price of Bitcoin will not increase this year but will increase next year. The price of Bitcoin may cross $20k in the coming days. Because some businesses have invested in Bitcoin on special request and they will consolidate their money. So I think the price of Bitcoin is unlikely to rise. However, the price of bitcoin will not go down.
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Bitcoin has been trading at $10k for a long time. Bitcoin prices are not rising. Bitcoin prices have risen to $14k this year. But at the present time the price of Bitcoin has come down a lot. So I think there’s no chance of growth this year. Bitcoin prices will definitely rise next year. But we are waiting for a bull run. Whether the next halving will be a success. That is uncertain.
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Experts are constantly commenting on the price of Bitcoin. But I think there is a bit less investment in the bitcoin market at the moment. Because investors have started investing in other currencies. There was a time when people were investing more in Bitcoin in 2019. At present most of the projects are seen to be successful and people have started investing in other sectors. So the price of Bitcoin is a bit lower.
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I believe this position Bitcoin price nowadays slowdown.so I think this time there’s no chance Bitcoin price and growth this year. But Bitcoin price increase next year. However, I believe 100%sure Bitcoin price increase next year.
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In my opinion well there is a chance that bitcoin will drop under $10,000 price but I believe there is high chance that bitcoin will go up and will hit again $12,000 price before end of this year. :D
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It is a sign of stability and value. It would be useful in the long term since mainstream and institutional investors love a stable asset or instrument
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Yes agree with but now after 66 days bitcoin will reach 25k just hold your coin big bull is coming may be cross 25k hold it.
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At the end of the year, there will usually be a bull run so that the price will go down, then it will go back up again. And this increase is usually higher than the previous price. A lot of people need money so they sell their coins at the end of the year, and this gives the market a bull run that looks red.
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Usually Bitcoin value drops and rise. I think, we cannot guarantee that the price will not decline because the market flow is unpredictable. We can see changes but we could not see fix price at 10K.
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Their is really highly chance that bitcoin market goes down in ending of this year . Because bitcoin resistance level is still $11K from a month , at ending of year their is higher selling order as collateral to buying .
According to my prediction bitcoin may be touch $9500 till December last week .