Bitcoin Goes Parabolic | After $10K, what&#x27;s the next target to watch?

jphamer1 (59) 5 years ago (edited)

i think we are going to move up quickly now, 14k and sit there for a little while. Between 14 and 20 will be some really big flash crashes to wipe out over leveraged traders. Once 20k is breached its like basically game on. Will go silly again and with halving coming up its going to be like 100k this
time next year i imagine.

$1.26

15 votes

adityajainxds (73) 5 years ago

@jphamer1 as per my thinking we will first go down till 9800 then we will again go-to your said target of 14k. Let see this week will decide the movement.

Can I ask you something . Are you interested in small steemit project ,without any investment , but definitely you will be benefited with this project as it will highlight you in steemit. You can find me on discord adityajainxds#3203. Just listen to the project if you like you can join else no problem.i can explain you here also in the comment. Thanks have a nice day.

$0.99

1 vote

jphamer1 (59) 5 years ago

as for the project im limited as to how much time/mental head space i can give to anything these days.

$0.93

5 votes

adityajainxds (73) 5 years ago

@jphamer1 I can understand that you are very busy with your current project. And I know you are big whale I know the responsibility you have on your shoulders. But at least listen to the project. You just need to give supervision and suggestions for improvement of the community. All the rest I will take care of it, without affecting your mental peace of mind. That's my promise I can make. :-)

$0.00

jphamer1 (59) 5 years ago

I would have agreed a drop back below 10k would have made sense once we broke it but it didnt happen. It looks to be consolidating at the moment and i think whales and big money want people to sell right now. Its a bear trap basically at the moment. People including myself are getting excited again which is all this market needs. Big money knows when they can buy regardless of price, they care only about momentum. Price is irrelevant, support and resistance is all that matters to them.

$0.83

4 votes

bdraj (3) 5 years ago

Hello buddy, thanks for bringing this amazing video, I really loved your analysis on Bitcoin, gold and silver market capitalisation really, that was the thrilling aspect of the video and I love your strong stances on Bitcoin

$0.51

11 votes

sumit1998 (66) 5 years ago

Great informative video. Clears my so many doubts,

I also think be need 30-40% correction for a great bull run.
Recession is coming and bitcoin is going to play major role in that.
Thanks for the great video.

$0.16

3 votes

tonytrillions (66) 5 years ago

Hey @nicholasmerten

I came across your post and am delighted to see that we are sharing some common tidbit ..

We all on steemit and we love #Bitcoin

This week in crypto:

Bitcoin breaks $11k
Facebook announces Libra
Coinmine launches Bitcoin mode
Bitmain planning US IPO
Lightning Labs launch mobile app
Bitcoin still not dead :)

THE VIRUS IS SPREADING! 🔥

You can catch such and more information from my blog post here:
https://steemit.com/bitcoin/@tonytrillions/bitcoin-just-broke-usd11-000

$0.16

josediccus (75) 5 years ago

Damn straight, Bitcoin moves on that wave format and I keep wondering if this year at this particular time is essentially the time when it will move headway since 2011 considering that we are seeing a huge uptrend? But well like you said, I think that'll be really not possible just yet. I enjoyed your analysis and the chart, amazing one here

$0.16

oppongk (75) 5 years ago

Thank you very much for this bitcoin updates, I think history can repeat itself way back at 2007 if not soon, it may be few days or some couple of months to come. And it would be much pleasure to see that bull run for bitcoin shooting to that level, since that the future holding steem.

$0.10

1 vote

tomsmaid (62) 5 years ago

Just hope time traveller wasn’t correct and bitcoin not gone be 100k by the end of the year... 😂

Posted using Partiko iOS

chireerocks (72) 5 years ago

@nicholasmerten, I am not an Expert or Analyst but in my opinion Bitcoin can move towards the $12000 mark. But whatever it is, i am enjoying this Volatile journey.

And hoping that from here the price will hold strong position and this uptrend will be continued. Let's hope that people will educate themselves about this space and inturn will understand how powerful this space is.

Keep up and stay blessed.

ezedende (36) 5 years ago

Is bitcoin really the future? The movement is extremely volatile and bullish. 2020 my be a year for cryto-all-transaction.

hustlehacker (55) 5 years ago

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