Bitcoin notches record close above 16600 - 20K this week? Sure looks like it

in #bitcoin7 years ago (edited)

'Sup homies?

What a bloody awesome time to be in crypto eh? Was only a few weeks ago Bitcoin crossed 10K and the next big figure is only a hop, skip and a jump away. I'm seeing 20K next couple days - easy done.

The only bad thing about this ... is there is pretty much nothing to chart. Thing has essentially gone parabolic. I'll throw a fib in for good measure:

Initial resistance is yesterday's all time high at 17450, with a break above there targeting 20K. Initial support is 16600 (previous record close), followed by former daily high resistance at 15750.

Lots of us were worried we'd get a classic "buy the rumour, sell the news" reaction to the futures launch, but haven't seen anything of the sort. Could still happen, so be wary, but 20K is looking like a given right now.

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on the some exchange it was 20k :)

A triumphant return to blogging for the man!

Welcome back mate, now get some consistency going.

Just 20k, you're quite pessimistic 😂 100k or a million at least 😜

the 100k/1 million whatever calls were at one point ridiculous ... is it more expensive than Saffron yet? How do you weigh data?

I just trust McAffee. He basically bet his dick on Bitcoin being at 1M $ in 2020 😂 No man would do that without being 100% sure, right?

I think I promised to do that at one point ... lucky EOS has come good :D

Every day I don't buy it goes up.
You're welcome.

Just hold off for one more day, thanks ;-)

@bulleth From your mouth to GOD's Ears.......

Haha ... Before Xmas .. I will sell around 19~20dec ... Surely correction will happen after xmas

May well do yeah, kind of like the Black Friday sell off. I remember laughing at at guy who predicted that with certainty two months prior, he was spot on though. Should probably find him and apologise. Then again, I was more critiquing his confidence level than the call it self. Nothing is certain in this game :)

Absolutely uncertain .. but still money following cryptos

@sarahah, You know if you look into SALT Tokens you can borrow against your Crypto and you don't have to Sell your Assets..................

Really ? Interesting fact. .. thank you

or people tell their family and friends about it and it'll spike even more :)

Hey buddy - how's tricks?

@bulleth I just keep moving forward everyday and put a Smile on your Face. Be Kind to others.......

That's the way mate :)

Do you hold Bitcoin? If you do, when would you start to sell?

Sadly not holding any atm :(

fluctuation.. up or down

Sell Before Xmas buy after xmas

Is going to keep going up. Lest hope!

Cannot agree more mate
@bulleth
I posted when it got to $9k, next day it was $10k and next I posted same week is $17k! Btc is on a rocket ride which reminds me of a new coin making waves pre exchange which is Elyte (www.elyte.io) excellent white list with promo, visible team, very low circulation and total supply. Folks re getting innovative ! Thanks for sharing. Upped

Hey Ken, thanks for the tip re: Elyte - I'll check it out :)

On that note, have a look at VENSEEED on Bitshares. Extremely limited pre-sale with 50% bonus, token/ICO side of things is still conceptual, hence the generous bonus, but biz model is sound and biz already profitable. Can't say much more at this stage ;)

Sure. Will have a look. Thanks

I hope it stay up forever to 20k by end of the year.