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[Balint098]

As per Cointelegraph, there are more people buying bitcoin now (instead of selling theirs) after the price went through the 10,000 USD barrier. Based on data from monitoring resource Coin Metrics today, there's a one 10-minute period in which no less than 3,500 Bitcoin being traded across multiple exchangers. Several experts call this behavior "strange," though the reason for this sudden heightened activity, in my opinion, is caused by renewed interest in bitcoin after the price hike. Also, based on said article, currently there are more people holding their coins instead of actively trading theirs. This shows, that there's still a lot of people with optimism regarding Bitcoin's future.

 

[KarthikP]

That's the mistake they do of buying Bitcoin at $10000. If they just now came to know the potential of Bitcoin , they have to wait patiently till Bitcoin falls to $6000 , then buy and hold Bitcoin instead of buying at such high rates.

 

[Brain]

Yeah people are becoming optimistic that the future of Bitcoin is a lot brighter and as such no need rushing to trade off their Bitcoin which is like an asset now.

 

[KarthikP]

That's vetu good for Bitcoin and other cryptocurrencies as well. I can see bright future of Bitcoin and day by day the cryptocurrency enthusiasts are increasing

 

[Brain]

That's vetu good for Bitcoin and other cryptocurrencies as well. I can see bright future of Bitcoin and day by day the cryptocurrency enthusiasts are increasing

It feels good to know that a lot of people are getting to know about Bitcoin and actually investing in them.i just hope more countries lift banning of the usage in their countries

 

[kenznek387]

Now the price went down below 10000$ again. They are excited too much to sell now look, it went down.

 

[sergeipedro]

As per Cointelegraph, there are more people buying bitcoin now (instead of selling theirs) after the price went through the 10,000 USD barrier. Based on data from monitoring resource Coin Metrics today, there's a one 10-minute period in which no less than 3,500 Bitcoin being traded across multiple exchangers. Several experts call this behavior "strange," though the reason for this sudden heightened activity, in my opinion, is caused by renewed interest in bitcoin after the price hike. Also, based on said article, currently there are more people holding their coins instead of actively trading theirs. This shows, that there's still a lot of people with optimism regarding Bitcoin's future.

Bitcoin will probably go down quite a lot nearly $7000 mark i think so. Ultimately it will go up if we see long range graph (monthly graph) throughout this year. but down points could go quite a lot and with little down a lot of people may sell their assets too who are in need of money (they know again they will have profit but cant wait 40 days without cash out). also who are in doubt about halving and in fear about bitcoin quick red candles will think selling is better than holding as they can buy more stocks at lower prices.

 

[btcmaker]

Bitcoin will probably go down quite a lot nearly $7000 mark i think so. Ultimately it will go up if we see long range graph (monthly graph) throughout this year. but down points could go quite a lot and with little down a lot of people may sell their assets too who are in need of money (they know again they will have profit but cant wait 40 days without cash out). also who are in doubt about halving and in fear about bitcoin quick red candles will think selling is better than holding as they can buy more stocks at lower prices.

hello there . i agree with 1000 % that bitcoin go down soon because nowadays people are buying bitcoin so price is going up and it will be like this till people buy bitcoin when poeple will start sell it then it will go down soon

 

[JambuL_MooJoo]

I do not think so, we know that the previous events of the BTC could not penetrate resistance (10500), with the existence of a pandemic and limited economic activity in the last 2 months, I think it is too greedy

 

[btcmaker]

I do not think so, we know that the previous events of the BTC could not penetrate resistance (10500), with the existence of a pandemic and limited economic activity in the last 2 months, I think it is too greedy

we are all here and will see when it will go down abgain...it was 4800$ in feb 2020 when corona virus started and crud oil was 20 @ per baral. i hope remember so lets see when it will go down again....some people are buying some are selling

 

[JambuL_MooJoo]

we are all here and will see when it will go down abgain...it was 4800$ in feb 2020 when corona virus started and crud oil was 20 @ per baral. i hope remember so lets see when it will go down again....some people are buying some are selling

we'll wait for a lot of liquidated long data, gold spot has started its red day just waiting for the break support week and btc dump starts

 

[microunit]

we are all here and will see when it will go down abgain...it was 4800$ in feb 2020 when corona virus started and crud oil was 20 @ per baral. i hope remember so lets see when it will go down again....some people are buying some are selling

I think it will go down again in the same months next year as that is the trend that it follows throughout the years if you observe pasts prices, though I think it will not fall down to as much as $4800 again next year as bitcoin is now getting more attention lately

 

[Josemendez]

As per Cointelegraph, there are more people buying bitcoin now (instead of selling theirs) after the price went through the 10,000 USD barrier. Based on data from monitoring resource Coin Metrics today, there's a one 10-minute period in which no less than 3,500 Bitcoin being traded across multiple exchangers. Several experts call this behavior "strange," though the reason for this sudden heightened activity, in my opinion, is caused by renewed interest in bitcoin after the price hike. Also, based on said article, currently there are more people holding their coins instead of actively trading theirs. This shows, that there's still a lot of people with optimism regarding Bitcoin's future.

Buying at 10000$ is not a wise investment because , it is at a high rate . they could have bought when it was below 10000$ and now it has risen to 10000$ , they would have gotten a little profit . for them to have a profit , they should wait for the 20000$ mark or something above 10000$.

 

[microunit]

Buying at 10000$ is not a wise investment because , it is at a high rate . they could have bought when it was below 10000$ and now it has risen to 10000$ , they would have gotten a little profit . for them to have a profit , they should wait for the 20000$ mark or something above 10000$.

If you consider that bitcoin will rose above the $10000 price mark resistance then it is not really a bad decision to buy at $10000, as bitcoin is kindof overhype now because lots of people are now considering using it as per also the effects of the pandemic

 

[Josemendez]

If you consider that bitcoin will rose above the $10000 price mark resistance then it is not really a bad decision to buy at $10000, as bitcoin is kindof overhype now because lots of people are now considering using it as per also the effects of the pandemic

Well said bit then , don't forget the fact that if these persons that bought bitcoin at $10000 were investor , they have to wait for the coin to rise above the $10000 , so that they can sell with game . This is a bit risk as it may fall back to $9000 or go up as well. It is like a coin of two sides .

 

[microunit]

Well said bit then , don't forget the fact that if these persons that bought bitcoin at $10000 were investor , they have to wait for the coin to rise above the $10000 , so that they can sell with game . This is a bit risk as it may fall back to $9000 or go up as well. It is like a coin of two sides .

if it falls back to $9000 they could just buy more and invest more and that will make the price rise as per supply and demand and other will be convinced to invest too, it's like a cycle

 

[Josemendez]

if it falls back to $9000 they could just buy more and invest more and that will make the price rise as per supply and demand and other will be convinced to invest too, it's like a cycle

Yea .quite through but then , buying again when the first investment seems not to be feasible may not be easy . when they bought at $10000 there was also suplly and demand . how do you think it will be a different case , if they buy again at lower price ?

 

[microunit]

Yea .quite through but then , buying again when the first investment seems not to be feasible may not be easy . when they bought at $10000 there was also suplly and demand . how do you think it will be a different case , if they buy again at lower price ?

because they already trust that bitcoin will go up or rise higher at $10000 mark eventually as per post-halving result as this is what most of them think

 

[Josemendez]

because they already trust that bitcoin will go up or rise higher at $10000 mark eventually as per post-halving result as this is what most of them think

Well that's for some people . As for me , cryptocurrency is not something you can easily predict thus you need to apply wisdom while trading with it . I do wait to gain from first purchase before entering into another one .

 

[Ewogboka]

I don't really blame those who invested with the hope to $10000 mark very likely it will still get to $10000 soonest. Every investment is risk taking, if I got bitcoin at $9000 by now I will trade it and reinvest again @$9000- $9200.