Bitcoin Falls Back Into The $9K Zone After Its Brief $10K Breach

[Riya143]

The largest cryptocurrency in the world, Bitcoin finally broke past $10,000. However, the king coin didn’t lounge above the $10K zone for too long.
Altcoins had taken over the crypto market for almost the first three weeks of this month. For Bitcoin enthusiasts, it was a rather boring month considering coin’s price remained unfazed as it was trading below $10K. It seemed like the prayers of the crypto community had been answered as Bitcoin finally breached $10K.
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[Cici Lee]

 If the short-term retreat won't fells below the $10000 mark, after a short correction, BTC is expected to make further gains, which means it could challenging the peak of the year at the pressure level arround10500.

[MrSpasybo]

The strong operation of stable coins + DeFi + Altcoins are the main causes leading to the increase of Bitcoin price, because the community tends to hoard BTC during the bull run. 1 BTC > $10,000 = good news for the whole community. I expect this price to be maintained until the end of 2020.

[tinakoya]

The bullrun season is indeed here, bitcoin has proven that. If bitcoin can maintain the price above $10,000 and break the resisitant of $10,500 then it can only continue to rise in price. I won't argue to the fact that altcoin projects especially DeFi may have contributed to this bullrun though. 2020 positive season has started and hope everyone is taking the opportunity to invest, we deserve that profit after such a long bearish market

[Jaguar]

DeFi now creating a massive influence inside and outside crypto world and shaking tremendously the mind of crypto lovers who always want to invest in potential project. Possible the soar high to 10,000 dollars is influenced by DeFi.

[mlawson71]

It's bullish again and going straight up, way above 10,000 USD. Finally!

[Noverteno]

If the short-term retreat won't fells below the $10000 mark, after a short correction, BTC is expected to make further gains, which means it could challenging the peak of the year at the pressure level arround10500.

After Bitcoin's price reached $ 10,000, it also actually crossed the $ 11,000 price mark very quickly and is now just below it, namely $ 10,974. So far, this is a good indicator that testifies to the long-term nature of the price growth of bitcoin this time. Given the positive trends for the growth of the price of bitcoin and the entire cryptocurrency market, I think that bitcoin will continue its price growth further, with or without a temporary correction.

[LogiC]

It's bullish again and going straight up, way above 10,000 USD. Finally!

Nope! It will continue until 12k I think, now its on 11k and still pumping. Ive seen the demand also on CME, for bitcoin, there is possibility that we could even reach 15k until the end of the year. Seems everything working fine for market, even top altcoins are performing better like ethereum. Hopefully this will continue.

[Rasta99]

I think bitcoin will increase to $ 13,000 in the very near future. I think after the loss of this corona virus.

[alltalk]

Bitcoin's price is very volatile. But in the current market situation, it really surprising that can reach around more than $11k in only two days. now we can see the chart of the BTC price. We can see the changes significance really prove that BTC is still worth it to be traded and also invested.

[krypto4uvak]

Yes, it's very cool. Bitcoin will show us a high price next month.

[Paglamon]

I think bitcoin will grow with more speed. I have seen many opinions on this subject. Good thing. I definitely support the rise of bitcoin prices. Be careful, keep your btc in a safe wallet. Because the price must increase. The price of BTC is likely to reach $15,000. So those who are investors don't worry, wait.

[Tnoy30]

If there is a tendency to increase the price of Bitcoin, the price will definitely increase. But I think DeFI has some effect. The price of bitcoin has brought an enormity. All traders are being very profitable. When the price of bitcoin was $10k, everyone thought the price would go up further. In the end, their idea came true. The current bitcoin price is above $11k. Everyone is speculating that there will be more growth. I also think that the market will be good. But I trade on a small scale. We will not benefit much.

[mlawson71]

It is back under 11K but I think at this point there is little doubt it will keep climbing.

[I-Bit]

It seemed like the prayers of the crypto community had been answered as Bitcoin finally breached $10K.

You are right, what all crypto community hope finally are showing its real as Bitcoin price gradually move up above $10K. However, we must be careful that the price can decrease suddenly after significant increase in the near future. So, just keep monitoring the price improvement in the market.