• About
  • Advertise
  • Contact
Cryptopolitan
  • Home
  • News
    • Bitcoin
    • Binance
    • Ripple
    • Ethereum
    • Cardano
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Cardano Price
    • Binance Coin Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
  • Home
  • News
    • Bitcoin
    • Binance
    • Ripple
    • Ethereum
    • Cardano
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Cardano Price
    • Binance Coin Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
No Result
View All Result
Home News Bitcoin Cash News

Bitcoin BTC price to hit $10000 amidst bearish uncertainty?

Saad B. Murtaza by Saad B. Murtaza
2019-11-01 11:07 pm
in Bitcoin Cash News
1 min read
Bitcoin BTC price to hit $10000 amidst bearish uncertainty?
590
SHARES
3.3k
VIEWS
Share on FacebookShare on Twitter

Bitcoin (BTC) has exhibited a stunning run during the previous week, showing a breakthrough to the $10,000 price line. Since then Bitcoin BTC price is apparently unable to break past the resistance.

The price increase is said to have taken place after the Chinese president endorsed the blockchain technology.

Bitcoin BTC price had increased by 40 percent of its value within a day, after which the price has retraced itself to below $9,300. The next anticipated resistances are at nine thousand and five hundred dollars $9,500 and ten thousand dollars $10,000.

RelatedPosts

BCH Price Prediction: Bitcoin Cash risks a price decline towards $500 as selling spree looms

Bitcoin bearish run feared as its value approaches $60000

Bitcoin Cash price prediction: BCH to $435 next, analyst

Bitcoin Cash price prediction: BCH to retest $528, analyst

Bitcoin BTC price chart - 1 november 2019Bitcoin BTC price chart by Trading View

At the time of writing the king of cryptocurrency, Bitcoin is trading at the $9261.23 mark with the support levels at $9171 and $9158 further down.

Bitcoin BTC price movement: What to expect?

Peter Schiff suggests that investors fear that the cryptocurrency has come on top in the short-term, which is why BTC might experience a fall in its price.

Bitcoin is perfectly positioned for a super cycle:

– Central Banks are printing more than ever
– Global debt as a % of GDP is the highest its been in recorded history (peacetime)
– Structural risks in the financial system haven’t been resolved

I’m not fucking selling. pic.twitter.com/UFCpEprSM9

— Dan Hedl (@danheld) October 29, 2019

 

Some investors are expected to see the cryptocurrency stop at the price level of  $9,000, with little to no chances of moving towards or above the $10,000 price mark.

This will make supply go upwards and demand drop downwards. Although the support at $9,000 is not strong enough, the bulls may exhibit strength at the support level at $8,500.

The cryptocurrency market is expected to experience a bullish trend in the upcoming month. While a pullback is in order, Bitcoin is destined for a bullish trend in the month to come.

Saad B. Murtaza

Saad B. Murtaza

Journalist, Writer, Editor, Researcher, and Strategist with over 10 years of experience in the digital, print and public relations industries, Saad has been working with the mantra, Creativity, Quality and Punctuality. In his waning years promises to build a self-sustaining institute that provides free education. Carrying a diverse portfolio he has studied and written on topics related to cyber crimes, scams, blockchain, and cryptocurrencies.

Related Posts

BCH Price Prediction
Bitcoin Cash News

BCH Price Prediction: Bitcoin Cash risks a price decline towards $500 as selling spree looms

2021-04-07 16:49 pm
Bitcoin bearish
Bitcoin Cash News

Bitcoin bearish run feared as its value approaches $60000

2021-03-11 12:38 pm
Bitcoin Cash price prediction_ BCH to $435 next, analyst
Bitcoin Cash News

Bitcoin Cash price prediction: BCH to $435 next, analyst

2021-02-02 19:16 pm
Bitcoin Cash price prediction BCH to retest $528, analyst
Bitcoin Cash News

Bitcoin Cash price prediction: BCH to retest $528, analyst

2021-01-21 15:40 pm
Bitcoin Cash price prediction BCH correcting to $460, analyst
Bitcoin Cash News

Bitcoin Cash price prediction: BCH correcting to $460, analyst

2021-01-20 11:15 am
Bitcoin Cash price prediction BCH to hit $600 again, analyst
Bitcoin Cash News

Bitcoin Cash price prediction: BCH to hit $600 again, analyst

2021-01-19 08:58 am

Follow Us

  • 51k Fans
  • 8.3k Followers

Popular News

  • Ripple price prediction XRP blasts past $1.8392 as bulls relentlessly pursue $2.0

    Ripple price prediction: XRP blasts past $1.8392 as bulls relentlessly pursue $2.0

    1264 shares
    Share 506 Tweet 316
  • XRP Price Prediction 2021, 2023, 2025, 2030

    958 shares
    Share 383 Tweet 240
  • Cardano price prediction: ADA fails to break above $1.50, what’s next?

    906 shares
    Share 362 Tweet 227
  • Bitcoin crackdown could be coming – a warning from Kraken CEO

    856 shares
    Share 342 Tweet 214
  • Dent Token Prediction for 2021 – 2025

    826 shares
    Share 330 Tweet 206

Latest News

Uniswap Price Prediction 2021-04-15

Uniswap price prediction: Uniswap retests $37, set to reach $40 today

April 15, 2021
Binance Coin Price Prediction 2021-04-15

Binance Coin price prediction: Binance Coin retraces to $535, prepares to set another lower high?

April 15, 2021
Ukrainian politician admits to losing access to 400 BTC wallet

Ukrainian politician admits to losing access to 400 BTC wallet

April 15, 2021
DOGE Price Prediction

DOGE Price Prediction: Dogecoin to the moon, to hit its $0.2 target after safeguarding support

April 15, 2021
Ethereum Berlin hard fork now deployed, here's what to expect

Ethereum Berlin hard fork now deployed, here’s what to expect

April 15, 2021

Signup To The Daily Roundup

Get New Posts By Email:
Privacy Policy

Got a Story tip? Email Contact@Cryptopolitan.com

News

Guides
Bitcoin News
Blockchain News
Ethereum News
Industry News
Research News
Scam News
Regulation News
Exchange News

Binance News
Ripple News
Cardano News

Stay Connected

Facebook
Twitter
Telegram
Youtube

Company

About
Contact
Write for us
Advertise with us
Privacy Policy
Cookie Policy
Comment Policy
Editorial Policy
Terms and Conditions
Crypto Portfolio Tracker
Sitemap

Exclusive Partners of

Footer 1

Got a Story tip? Email Contact@Cryptopolitan.com

cryptopolitan 1

News

Guides
Bitcoin News
Blockchain News
Ethereum News
Industry News
Research News
Scam News
Regulation News
Exchange News
Bitcoin Price
Ethereum Price
Bitcoin Cash Price
Cardano Price
Dash Price

Stay Connected

Facebook
Twitter
Telegram
Youtube

Company

About
Contact
Write for us
Advertise with us
Privacy Policy
Cookie Policy
Comment Policy
Editorial Policy
Terms and Conditions
Crypto Portfolio Tracker

Cryptopolitan brings you quality Blockchain and Cryptocurrency news, ICO reviews, crypto technical analysis, and other unique news insiders. We cover Bitcoin news, altcoins news, blockchain projects news, ICO news, regulatory developments and the confluence of news on the leading blockchain technologies.

© 2021 Cryptopolitan. All rights reserved. Terms | Privacy

No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Binance
    • Ripple
    • Ethereum
    • Cardano
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Cardano Price
    • Binance Coin Price
  • Research
  • Scam
  • Events

Copyright © 2020 Cryptopolitan.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.