Bitcoin Price Looks to Correct As Massive Pump Stalls At $11K – Investors Await

[sirty143]

Bitcoin Price Looks to Correct As Massive Pump Stalls At $11K – Investors Await Dip To Catch A Bargain

The bulls were earlier in the week crashing the bears. In a matter of days, Bitcoin climbed from $9,500 to $11,000. But since reaching this 11-month high, the bulls seem to have lost their rage. With initial targets set at $12,000, holders might be... See more for yourself here.

Your opinion is greatly appreciated.

[krypto4uvak]

It seems to me that there will be no recession. There will only be growth.

[tinakoya]

I think a healthy growth is very important and that is what is happening right now, yes the pump was awesome over those few days but it's better to slowly climb that rushing and falling back down high. This should stay at $11,000 for the week and continue to rise slowly next week again

[I-Bit]

Yep, it is true. Bitcoin is in a bullish day and it seems to go to $12K very soon if the market trend is always positive like today. I am quite happy to see this bullish after I heard some rumors stated that will be severe drops in the near future.

[UNIVERSE]

The price of Bitcoin looks fine and better day after day currently. This is what the investors waiting for, finally it is likely to meet with the expectation if the Bitcoin price can achieve new ATH. There are many people who can rich suddenly I guess and you need to prepare from now (today).

[Senin]

It seems that the bitcoin price is not going to go into correction. In the last ten days, we can see a good rise in the price of Bitcoin and the entire cryptocurrency market. Now the price of bitcoin is $ 11,371 and continues to rise by the minute. Of course, a correction can come at any time. However, now the cryptocurrency market pleases all its participants.

[vegasus]

The increase in the BTC price will really determine how the crypto market happens to this year. this year is very hard year although it is after halving because it is on the pandemic. But we can see that the price of BTC has reached big amount of $12k. So that we can see the progress of this coin enough this year. It means that the BTC may be able to break the big rate this year but not reaching ATH this year.

[Riya143]

The price of bitcoin has reached $12k at the moment of this epidemic crisis. Everyone is very surprised by this big price increase. We have seen the progress of bitcoin clearly. There is no doubt that bitcoin is the best coin. But everyone is expecting more amazing things to happen this year. The recent rise in the price of bitcoin proves that bitcoin is not worthless due to any epidemic. Bitcoin is the name of the best currency in cryptocurrency.

[Alcor]

Perhaps in the coming days we will be able to see the price of bitcoin rise above $ 12,000. For several days, the growth of the cryptocurrency market, including bitcoin, was suspended and it was assumed that bitcoin would soon go into price correction. However, since yesterday, Bitcoin has resumed its previous growth and now its price is $ 11,649 and continues to grow.

[Gurujebs]

Since bitcoin recover from that V shape pattern, I have noticed that every dip is always bought back by investors. 8k is super support as it been tested just twice since the halving event. BTC will be in another inaction within 11k range pending another news, either affirmative or negative.
Investors are more fundamental.

[sailorboy]

The price of bitcoin almost reach at 12k$ so the investors already see the potential in this currency. That's why many people aspiring to have a bitcoin or invest on it because it's really growing fast, I also think that bitcoin price will be higher than this year for almost than 15k$ because of pandemic crisis a massive blown up increase price of bitcoin is suddenly happen. This is the best time to invest on the bitcoin.

[Quart]

Not at all. Gaining profit doesn't mean only in the down market. We can also gain more profits when the market is still up and this is challenging where you should also analyze the progress of the market based on the chart shwon on the amrket and we can read about it

[syedrasool2011]

Good thing you mentioned you were a Hodler, to help understand your mind set. I too think long term, but the x gains in BTC can’t outperform the possibilities of coins like ETH, ADA, XRP and possibly VET. BTC is the bank and the long term savings. The time for the gains is now, at least I think