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[Balint098]

As reported by Forbes, many whales were tracked deposited their bitcoin asset into various exchanges starting on 22 October. This indicated that they were preparing to sell off some or all of their bitcoin holding to get profit. After a few corrections to below the 13,000 USD, Bitcoin quickly float back to above the lines. According to analysts, this was caused by two factors. First, despite the sell out by whales, the demands for Bitcoin was also greatly rising, thus balancing the scale. Secondly, the growing acceptance of various institution to embrace crypto also led to wider adoption, making Bitcoin a hotly coveted commodity.

 

[Niftyicon]

If despite the sellout, bitcoin is still holding strong, then the demand for it must be crazy right now. I think we can look forward to the $14k mark soon.

 

[Brain]

If despite the sellout, bitcoin is still holding strong, then the demand for it must be crazy right now. I think we can look forward to the $14k mark soon.

The truth remains that bitcoin has come to stay and wouldnt be affected by any sellout. So bitcoin hitting $15k this year is very possible

 

[Niftyicon]

The truth remains that bitcoin has come to stay and wouldnt be affected by any sellout. So bitcoin hitting $15k this year is very possible

That simply means that the influx of investors and these value of bitcoin being invested in is way higher than the amount being sold out. The coin keeps attracting more people to it.

 

[Ginatime]

This is good news for bitcoin and it investors. The current price of Bitcoin is attracting a lot of new investors. News have it that Bitcoin will hit $20k before the end of the year

 

[Josemendez]

I strongly believe that this time around , Bitcoin price will comfortable stand above $12,000 price value for a long time . It might even cross 14,000$ threshold

 

[Niftyicon]

I strongly believe that this time around , Bitcoin price will comfortable stand above $12,000 price value for a long time . It might even cross 14,000$ threshold

I strongly believe so too. It has maintained its value over $13000 for some days now and I can only wish for it to push ahead to $14k and above.

 

[Josemendez]

I strongly believe so too. It has maintained its value over $13000 for some days now and I can only wish for it to push ahead to $14k and above.

Those of us who bought at $9000 price value are already smiling because if this rise. If I have learnt something with the current price of Bitcoin , it is the need to be patient with investment

 

[Niftyicon]

Those of us who bought at $9000 price value are already smiling because if this rise. If I have learnt something with the current price of Bitcoin , it is the need to be patient with investment

You are very right. There is already about $4000 increment and the profit is quite substantial. Patience is truly the key in crypto investments.

 

[Wisdom01]

This is good news for bitcoin and it investors. The current price of Bitcoin is attracting a lot of new investors. News have it that Bitcoin will hit $20k before the end of the year

Yeah but even before the current price of btc many investors had invested in bitcoin and most are whales , while some invest little of what they have

 

[Josemendez]

Yeah but even before the current price of btc many investors had invested in bitcoin and most are whales , while some invest little of what they have

If I didn't sell some of the Bitcoin I bought when the price was at $9000 by now I could have been having enough gains .

 

[Wisdom01]

If I didn't sell some of the Bitcoin I bought when the price was at $9000 by now I could have been having enough gains .

But what if it didn't then the person might regret not selling it and vice versa ,so everything is more about risk and others , but those people who bought then would make large percentage of profit

 

[Toolmoney]

I'm a bitcoin enthusiast and I can categorically tell you that bitcoin will cross the threshold of $20k before Jan 2021,all indication are giving the signal at the moment