Bitcoin runs, and runs, and runs past $16,000

in #bitcoin6 years ago

Bitcoin is going up, and up, and up. And the altcoins are losing steam as money flows heavily into BTC. How long will this continue to play out? Part of me thinks it will continue up until Sunday night when the Bitcoin Futures begin trading, but we'll have to see exactly what effect the launch of the CBOE Futures has and how significant the short interest is.

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Wow, it's going up so fast. Hopefully it doesn't crash.

I think the crash is inevitable at this point.. But even a 50% correction is still over $8,000 BTC

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I hope for a healthy correction just to see it soar to even higher levels in the end :)

I think a correction is likely coming, potentially when the CBOE and CME Futures give big institutions the opportunity to short. We'll have to see how the futures pan out, but could be a crazy crazy time.

Yeah I actually assume the same. I mean why shouldn´t whales use this opportunity to drop their bitcoin at all time highs, while shorting it via the futures and then buying back at lower prices. IMO something big might be approaching us as the market is so damn easy to manipulate these days.

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Good info as thank you.
I think we will see a massive alt rise soon and BTC will flip over very soon.

At what point will we meet up again?

This can't last. It's unreal to overtake everything else.

Altcoins need a break. It's sucking everything. At least you can buy the dip if you know what I mean.

I have a question :::
What is Bitcoin Bubble Balloon and what happen when it burst !
@ahaseeb1999
Thanks

very helpful post for freelancer. this advice are simply own opinions,

now bitcoin price raises very fast I think Dec end it will cross 20000usd.

Agreed, I have been watching the market closely this morning and I have seen some exchanges even break $19,000 today! A partial correction has occurred on many exchanges, and I would say most exchanges have BTC around $16,000-$16,500 after the insane rise that happened this morning! Thoughts? Do you guys think a huge correction in about to happen?

I think it will correct to a 10k$ which is still amazing :)

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