Bitcoin Reaches a Crucial Phase

[Selina31]

Bitcoin recently reached close to $11000 but failed to attain the levels above it.BTC is currently swinging in a narrow range between $10700 to $10800. Also the  ongoing trend foretells either the digital asset may pump above $11000 or decline below $10600 levels.Will BTC Price Surge or Decline? Click to know more https://the Url is blocked due to spam #Cpspam/news/bitcoin-btc-price-reaches-a-crucial-phase/

[comer]

I hope it will spike to the uptrend position. it was stagnant at level $10k and struggling to touch at $11k position. Now, it has given a sign to move upward but the support level is not enough to maintain the momentum. I think in the coming days it will gain enough supports to rally upward.

[wahyudi]

The strength of BTC has so far been somewhat angry, but the bulls have been able to prevent a drop below $ 10,000.
 One analyst now notes that the cryptocurrency's decline stalled once it reached the upper limit of its cloud formation, with this level acting as strong support.

[MrSpasybo]

To me, $10K-$11K is the right price for BTC in 2020, and I don't expect a bull run between now and the end of the year, and vice versa, 1 wait for the price to be short-term and after that BTC will soon regain the $10K price. Perhaps we should not expect too much of BTC hitting ATH again this year.

[Noverteno]

We have the fourth quarter of the year ahead. At this time, traditionally, the cryptocurrency market is growing in value and I hope that this will be the case this year as well. Now the price correction is actually completed and bitcoin is ready for growth. It would be nice if we could finally see improvements in Ethereum 2.0 to this coin. This should give a good impetus to further market growth.

[Msweet]

I think the price of bitcoin will go up.  But it is unlikely to increase towards the end of this year.  Because a month ago, the price of Bitcoin was 12,305 $ in the middle of the price of the coin dropped to 10,264 $ and the current price has risen to 10,970 $ .  But I don't think the price of bitcoin will cross 12000 $ this year.  But the burden is likely to cross 15000 $ by mid-2021.  By the end of 2021, it could reach 18,000 $ or 20,000 $ .

[Alcor]

I think the price of bitcoin will go up.  But it is unlikely to increase towards the end of this year.  Because a month ago, the price of Bitcoin was 12,305 $ in the middle of the price of the coin dropped to 10,264 $ and the current price has risen to 10,970 $ .  But I don't think the price of bitcoin will cross 12000 $ this year.  But the burden is likely to cross 15000 $ by mid-2021.  By the end of 2021, it could reach 18,000 $ or 20,000 $ .

Although now we see a general drop in the cryptocurrency market, however, before the last quarter of the year, this is even necessary for further market growth. By the end of this year, the price of bitcoin is expected to rise much more than $ 12,000. The expectation of growth in the cryptocurrency market is still significant. I think that by the end of this year, the price of bitcoin will be in the range of 15,000 - 18,000 dollars.

[TomPluz]

As for me, this is just another day in the volatile world of Bitcoin and there is nothing to be alarmed or be concerned with. This not another critical phase for Bitcoin and just an ordinary day. We should not be surprised and not even shocked for Bitcoin to be experiencing a day like this. I still consider Bitcoin in the bullish stage though there can be no major run-away pump soon. Maybe for the next months until December, Bitcoin can find it hard to reach the $15K level so it might be playing within $10-12K range. I can be wrong, of course.

[LaZim]

I think the price of bitcoin will go up.  But it is unlikely to increase towards the end of this year.  Because a month ago, the price of Bitcoin was 12,305 $ in the middle of the price of the coin dropped to 10,264 $ and the current price has risen to 10,970 $ .  But I don't think the price of bitcoin will cross 12000 $ this year.  But the burden is likely to cross 15000 $ by mid-2021.  By the end of 2021, it could reach 18,000 $ or 20,000 $ .

Although now we see a general drop in the cryptocurrency market, however, before the last quarter of the year, this is even necessary for further market growth. By the end of this year, the price of bitcoin is expected to rise much more than $ 12,000. The expectation of growth in the cryptocurrency market is still significant. I think that by the end of this year, the price of bitcoin will be in the range of 15,000 - 18,000 dollars.

This is very optimistic. Now there are a lot of projects that are dragging on the seed capitalization, because of this, it is increasingly difficult for bitcoin to show growth. But it is also an indicator of market sentiment.

[UNIVERSE]

The increase of BTC is still under control, it doesn't reach the higher phase so easily because there are too many interests in this. Here, we can follow the flow of the BTC market but we do not need to panic because of the price that is not going higher again over $11k.

[vegasus]

Every time you see how BTC and crypto-related companies have progressed so far? Will BTC easily go down or go up by itself?
Whatever it is, currently, BTC prices tend to be very volatile. We can probably expect a quite significant increase in prices. however, what about the others? Can they survive? and in this case, what kind of competition are you proud of?

[Fawpac2]

At the current stage of Bitcoin, it is difficult to say which way Bitcoin will go.  The price of Bitcoin has started rising again from 10640. The price of Bitcoin has not come down below 10000 yet.  Bitcoin is going up from 10,000 to 12,816.  I said it is very difficult to know which way the bitcoin will be located at the bottom or the top.

[sampoerna]

Bitcoin is always in crucial phase. Bitcoin has big role in crypto space, so every time it can determine where the market will go. Now, it is struggling to continue the rise of value to the next level. If it can continue, the price of Bitcoin may be going to $15K.

[Black ID]

I really hope the conditions for the decline in bitcoin prices will end soon. And the market will turn green again. So that you can get an advantage. And it is true that this year bitcoin is experiencing quite a crucial period.

[Bobcrypto]

Bitcoin pump has not been predictable, and it is difficult to conclude it's crucial phase. Anything can happen in crypto, when anyone thinks that bitcoin has entered the crucial time for either a pump or dump, that may be it's crucial moment for everyone involved to earn huge profit.