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Author Topic: Bitcoin over $10,000 for the past 66 days  (Read 3520 times)

Offline BradSow

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Bitcoin over $10,000 for the past 66 days
« on: October 01, 2020, 01:21:13 PM »
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

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Bitcoin over $10,000 for the past 66 days
« on: October 01, 2020, 01:21:13 PM »

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Re: Bitcoin over $10,000 for the past 66 days
« Reply #1 on: October 01, 2020, 01:38:36 PM »
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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Re: Bitcoin over $10,000 for the past 66 days
« Reply #1 on: October 01, 2020, 01:38:36 PM »

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Offline Paglamon

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Re: Bitcoin over $10,000 for the past 66 days
« Reply #2 on: October 01, 2020, 01:45:23 PM »
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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Re: Bitcoin over $10,000 for the past 66 days
« Reply #3 on: October 01, 2020, 03:04:44 PM »
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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Offline labonikhatun

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Re: Bitcoin over $10,000 for the past 66 days
« Reply #4 on: October 01, 2020, 04:00:07 PM »
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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Re: Bitcoin over $10,000 for the past 66 days
« Reply #5 on: October 01, 2020, 04:35:35 PM »
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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Re: Bitcoin over $10,000 for the past 66 days
« Reply #6 on: October 01, 2020, 06:10:35 PM »
Of course, bitcoin will still fall in price and can easily fall to both 5k$ 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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Re: Bitcoin over $10,000 for the past 66 days
« Reply #6 on: October 01, 2020, 06:10:35 PM »


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Re: Bitcoin over $10,000 for the past 66 days
« Reply #7 on: October 01, 2020, 06:38:54 PM »
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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Re: Bitcoin over $10,000 for the past 66 days
« Reply #8 on: October 01, 2020, 06:44:46 PM »
Yes Bitcoin has been fluctuating below 10k to 13k for the last 60 to 65 days.  Bitcoin price has not dropped below 10 thousand in how many days.  However, it is not possible to say exactly how much the price of Bitcoin will increase in the future.  However, various experts predict that the price of Bitcoin will exceed 20,000$ by 2020.
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Offline bigcash2011

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Re: Bitcoin over $10,000 for the past 66 days
« Reply #9 on: October 01, 2020, 08:39:56 PM »
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.

Offline Tnoy30

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Re: Bitcoin over $10,000 for the past 66 days
« Reply #10 on: October 03, 2020, 01:26:23 PM »
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.

Offline Paglamon

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Re: Bitcoin over $10,000 for the past 66 days
« Reply #11 on: October 03, 2020, 01:36:05 PM »
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.

Offline Riya143

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Re: Bitcoin over $10,000 for the past 66 days
« Reply #12 on: October 03, 2020, 02:26:33 PM »
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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Offline Triedboy

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Re: Bitcoin over $10,000 for the past 66 days
« Reply #13 on: October 03, 2020, 04:36:33 PM »
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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Offline shadowdio

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Re: Bitcoin over $10,000 for the past 66 days
« Reply #14 on: October 04, 2020, 11:01:55 AM »
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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