Bitcoin Has Breached $10,000...Now What?

in Threespeak4 years ago

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Bitcoin has finally breached the 10k level.

I guess the only question to ask now is...where do we go from here?

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It's good to known that the price rise is supported by fundamentals!

I think it will come back to about $8,500 and then go to near its all time high before the halving.

Well we certainly have a nice dip today! Your plan sounds fine with me :)

Even at $10k, Bitcoin and the rest of the cryptocurrency ecosystem is severely undervalued right now. December 2021 will see nearly $100k BTC and the halo effect that comes with it. I don't think it will break $100k though without breaking many, many things. You see right now most exchanges do the math as satoshi's per penny. But $100k is a price point where it becomes "how many pennies per satoshi". This leads to a lot of very interesting overflows and crash conditions in the exchange's software.

as for me i will be happy if this happens.....

Posted via Steemleo

$100k by December 2021 sounds crazy to some, but I'm with you sir :)

Saludos @louisthomas, ahora hay que tener nervios de hierro ya que lo más probable es que las fluctuaciones sean bastante bruscas los próximos días…

Saludos @louisthomas, ahora hay que tener nervios de hierro ya que lo más probable es que las fluctuaciones sean bastante bruscas los próximos días…

To me, bitcoin is only kissing the 10k mark, there are no assurances that it's going to stay above the mark. Sad that altcoins like steem isn't staying at par with bitcoin's growth. Let's keep watchig.

Posted via Steemleo

exactly,we should just keep our fingers crossed...

Posted via Steemleo

Looks like you're correct in that there's been a decent correction today!

Looks like you're correct
In that there's been a decent
Correction today!

                 - louisthomas


I'm a bot. I detect haiku.

@louisthomas i believe there will be a retracement and then afterwards the bitcoin price will go higher to reach to 20000$...

Posted via Steemleo

Several analysts agree that Bitcoin is entering a never-before-seen bullish period by experiencing never-before-seen highs and lows.

Varios analistas coinciden en que Bitcoin inicia un periodo alcista nunca antes visto experimentando máximos y mínimos nunca antes vistos.

It is very interesting that not only the crypt currencies are expressing highs, but also the gold and silver; perhaps it is because of analysts' predictions that the dollar will experience an abrupt fall, well time will tell... (In short).

Es muy interesante no solo las criptomonedas estan expresando máximos, también lo hacen el oro y la plata; quizás sea por las predicciones de analistas en que el dólar experimentara una caída abrupta, bueno el tiempo lo dirá… (En corto plazo).

i want to also believe that the US/IRAN current issues might have been a factor too...

Posted via Steemleo

aren't you afraid it's all a bit too fast?

Now we do what we've been doing since 5k, keep stacking Sats! lol

It is a massive positive that bitcoin has hit $10000 but now I think its the season for altcoins and if invest in right now you could make some more bucks this year.
One altcoin I am extremely excited about is Chroma token ($CHR), native token of Chromia. So many developments surrounding the imminent release of the dapp hosting platform and also outstanding partnerships give me a very good feeling about $CHR.
https://chromia.com
IMG_20200209_194122_168.jpg

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