Bitcoin fueling to launch to the moon anytime soon.

Braydon

New member
BTC I was reading some sentiments regarding BTC on twitter, some wanted to jump out of the ship, but I was think of BTC last ATH. Before it, price was below $11K...and now price was near similar to that...so all I've been thinking and doing is praying/chanting. "JUST KEEP MOVING...NO STOPPING". What you guys think?
 

Kingston

Member
You have now Big Wigs from traditional Financial markets saying that Bitcoin is now a safe haven asset to invest in as the USD and other FIAT currencies around the world cascade downwards in price. Of course the BTC market is heavily manipulated and mainly run by futures and margin traders and bitfinex printing tons of tether to dump on the crypto markets, but nonetheless, Bitcoin is in limited Supply and that is something that can't be changed. So bearing that in mind, plus the intrinsic value it holds in its technology, we have a long term winner here and I can easily hedge my bets on it even if temporarily we most likely heading down to ten or even nine k for the interim period as margin traders leech out all the profits and gains made from altoins in the past month.
 

Jair

Member
In my opinion, reaching $20k this year would be a little bit too far. I'm not saying impossible knowing the fact that all prices are soaring high recently, I'm only worrying that btc won't make it within a short period of time. Imagine, btc dropped by around 3% yesterday AFAIR and continues. It will have a hard time to get its momentum once again. Remember that we are now heading to last quarter of 2020 so better to expect less
Wink
 

Maxwell

Member
What you guys think?
No offense, but I think this is one of the most nonsense posts I've seen this month. "but I was think of BTC last ATH. Before it, price was below $11K" well obviously bitcoin needs to go past 11k to go to 20k, just as it needs to go past 10k to go back down to 3k. What's your point tho?
 

Ashton

Member
BTC I was reading some sentiments regarding BTC on twitter, some wanted to jump out of the ship,
Ofcourse they want to it to jump because they are holding some bitcoin. Some also wanted it to go down because they want to invest on it, they want to buy it in a much lower price.
Don't be caught by those sentiments that you are reading on social media. Think independently and be rational.

price was below $11K...and now price was near similar to that...so all I've been thinking and doing is praying/chanting. "JUST KEEP MOVING...NO STOPPING". What you guys think?
Bitcoin actually reached $12,000. "No Stopping" is a little bit hard because there are traders that are waiting to sell their bitcoins if it's price went a up higher.
Reaching $20,000 for is not impossible, it will depend on the demand (the willingness of others to buy bitcoin on that price). If no one wants to buy it on that value, it will be hard to reach the moon.

It's okay to think very positively but don't be disappointed if ever reality didn't meet your expectations.
 

Stone

Member
BTC I was reading some sentiments regarding BTC on twitter, some wanted to jump out of the ship, but I was think of BTC last ATH. Before it, price was below $11K...and now price was near similar to that...so all I've been thinking and doing is praying/chanting. "JUST KEEP MOVING...NO STOPPING". What you guys think?
Lol, praying has nothing to do with it mate. Bitcoin is on a bull run that's why the price keeps on increasing specially after the halving. Prayers didn't save it in 2018-2019 bearish trend, just to let you know.

Just be careful on who you follow to Twitter though, who might be caught and FOMO. Better investigate first or as we have been saying here, "invest what you can afford to lose".
 

Jesus

Member
BTC I was reading some sentiments regarding BTC on twitter, some wanted to jump out of the ship, but I was think of BTC last ATH. Before it, price was below $11K...and now price was near similar to that...so all I've been thinking and doing is praying/chanting. "JUST KEEP MOVING...NO STOPPING". What you guys think?
Dont begged for it. Market price will increase eventually and you dont need some chant or prayers. It's gonna be a shamed to do that for a price hike. Just be confident about it and youll see some good result. ATH is just around the corner and we like it or not it will go there but it will take some time.

You cannot forced the people to pump the bitcoin price since most of the volume from it are from traders who are doing trading and gaining profits too for trading these coins including precious bitcoin. Only few of them are actual holders and you can judget that by downfall of it. Some take their profits already.
 

Ivan

Member
BTC I was reading some sentiments regarding BTC on twitter, some wanted to jump out of the ship, but I was think of BTC last ATH. Before it, price was below $11K...and now price was near similar to that...so all I've been thinking and doing is praying/chanting. "JUST KEEP MOVING...NO STOPPING". What you guys think?
If the sentiment of the crowd is positive, that is often a negative sign for the investors.

For me, that is a contrarian signal and it is a signal for either selling or just hold your coins. I'm still waiting for its big correction that may happen within the next 2 months.
NO STOPPING?? Nahh not all markets work like that. Markets tend to move up and down. Don't expect too much in the market or you will regret it trust me
Tongue
. Praying?? Chanting?? That will not work. Have some huge money so it will work
Cheesy
.
 

Juan

Member
Market movements are based on fundamentals, there have been many optimistic signals and we're after a halving so the markets will naturally look to establish new heights. As a deflationary currency bitcoin is naturally prone to grow in value at a steady pace but there are also many possible events related to the cost of mining etc. that could make the price of bitcoin change very fast.
 

Kaiden

Member
BTC I was reading some sentiments regarding BTC on twitter, some wanted to jump out of the ship, but I was think of BTC last ATH. Before it, price was below $11K...and now price was near similar to that...so all I've been thinking and doing is praying/chanting. "JUST KEEP MOVING...NO STOPPING". What you guys think?
Although we have quite big potential for big jumps for these days still bare some doubts in your head since we don't actually know what future could bring if we can see more pumps or the huge dumps came and for this we really need to think twice and act smart according to the market flow. We need to trade for short time if we know how to do it correctly and if we already regain back our capital then its up for us to decide we choose to hold in instance or continuously trade to make the balance grow.
 

Ahmir

Member
What you guys think?
No offense, but I think this is one of the most nonsense posts I've seen this month. "but I was think of BTC last ATH. Before it, price was below $11K" well obviously bitcoin needs to go past 11k to go to 20k, just as it needs to go past 10k to go back down to 3k. What's your point tho?
I like honest people. But rudeness doesnt count. What I mean was, BTC might have its history repeat or do the same rhythm. If you don't get that "nonsense" thought, not hoping. We all have predictions. That was mine.
Wink
 

Diego

Member
Remember that we are now heading to last quarter of 2020 so better to expect less
Wink
Bitcoin really is nearing the ATH that happened in 3years ago and it was around the quarter that it started having the kind of unstoppable volatile that it got it that high. We can still see that repeating again maybe but bitcoin for next year is definitely going to the moon.
 

Giovanni

Member
After Halving one of my friend that work analys of the bitcoin says it will reach ath in 2021 Cheesy so i just hope this happen

so be prepared guys
 
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