Bitcoin price gained 12% in the 24 hours through Thursday to approach $10,000 once again, but analysts warn of strong resistance.
Bitcoin price gained 12% in the 24 hours through Thursday to approach $10,000 once again, but analysts warn of strong resistance.
Big Targets And ‘Secular Bull Markets’
As Bitcoin added almost 40% in February from lows of under $6000 in some markets, Max Keiser led cautious optimism, celebrating what he called the end of “secular bull market.”
“$28,000 in play,” he wrote on Twitter late Wednesday, adding that he thought Bitcoin’s “break through $10,000 will usher in a new burst of news coverage and a fresh wave of buying.”
Altcoins broadly followed suit as BTC rose, with Litecoin making additional gains on the back of LitePay’s merchant acceptance announcement and hard fork speculation.
Against BTC, Litecoin took an unlikely opportunity to post a new all-time high of 0.025, making LTC easily the best-performing altcoin asset in the top 50 by market cap in BTC terms.
Others echoed positive sentiment similar to Keiser’s “healthy pullback,” with investor Alex Gurevich commenting Bitcoin had “established a very solid bottom.”
“If it clears $10,000 now it should have an easy path to $50,000 this year,” he wrote in a social media forecast Wednesday.
Vays Urges Cap On ‘Greed’
Not everyone was so buoyant. Building on warnings from February 9 about price resistance at or just above the $10,000 mark, Tone Vays noted the strong series of four-hour candles could signal a several-candle capitulation phase, and that “caution” was due in the current uptrend.
Summarizing his analysis on Twitter Thursday, he advised traders not to be “greedy.”
#Bitcoin(ers) should NOT Greedy Here, $BTCUSD 4hr Chart is about to be on a 9 Sell next Candle (Note: Intersection Missing). It's already in line with the 9 Sell on hourly & a potential 9 Sell on Daily at $10k [if we consider the random mid count price flip w/ a grain of salt] pic.twitter.com/aJHHW534wn
— Tone Vays [#Bitcoin] (@ToneVays) February 15, 2018
The impetus for Bitcoin’s new appeal is difficult to define. This week’s major announcement came from Microsoft, the computer giant pledging support for so-called Layer 2 scaling solutions such as the Lightning Network as the best way forward to enhance transaction capacity.
On-chain solutions, such as that used by hard fork Bitcoin Cash, are “degrading decentralization,” it claims.
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INDONESIA
Harga Bitcoin pertempuran $10.000 perlawanan sebagai analis mendesak hati-hati
Harga Bitcoin mendapat 12% dalam 24 jam sampai Kamis untuk mendekati $10.000 sekali lagi, namun para analis memperingatkan resistance kuat.
Target besar dan 'Banteng sekuler pasar
Seperti Bitcoin ditambahkan hampir 40% pada bulan Februari dari rendah dari di bawah $6000 di beberapa pasar, Max Keiser dipimpin optimisme hati-hati, merayakan apa yang disebutnya akhir "pasar banteng sekuler".
"$28.000 dalam bermain," ia menulis di Twitter Rabu malam, menambahkan bahwa ia berpikir Bitcoin's "menerobos $10.000 akan mengantarkan dalam ledakan baru liputan berita dan gelombang segar membeli."
Altcoins luas diikuti sesuai sebagai BTC naik, dengan Litecoin membuat keuntungan tambahan di belakang LitePay's pengumuman penerimaan pedagang dan keras garpu spekulasi.
Melawan BTC, Litecoin mengambil kesempatan yang tidak mungkin untuk posting baru tingginya 0.025, membuat LTC mudah aset altcoin berperforma terbaik di top 50 oleh kapitalisasi pasar di BTC persyaratan.
Lain menggemakan sentimen positif serupa untuk Keiser's "sehat mundurnya," dengan investor Alex Gurevich Bitcoin komentar "mendirikan dasar sangat padat."
"Jika membersihkan $10.000 sekarang harus memiliki jalan yang mudah ke $50,000 tahun ini," ia menulis dalam media sosial ramalan Rabu.
Vays mendesak Cap pada 'Keserakahan'
Tidak semua orang adalah jadi apung. Bangunan pada peringatan dari 9 Februari tentang harga perlawanan di atau hanya di atas tanda $10.000, nada Vays dicatat kuat serangkaian empat jam lilin yang bisa sinyal beberapa-lilin penyerahan fase, dan bahwa "hati-hati" adalah jatuh tempo pada uptrend saat ini.
Merangkum analisis pada kegugupan Kamis, ia menyarankan pedagang tidak harus "rakus."
#Bitcoin(ers) harus tidak serakah di sini, $BTCUSD 4hr Chart adalah tentang menjadi pada Candle berikutnya Jual 9 (Catatan: persimpangan hilang). Hal ini sudah sesuai dengan 9 Jual pada jam & menjual 9 potensi setiap hari pada $10 k [jika kita mempertimbangkan acak pertengahan menghitung harga flip w / butir-butir garam] pic.twitter.com/aJHHW534wn
-Nada Vays [#Bitcoin] (@ToneVays) 15 Februari 2018
Dorongan untuk Bitcoin's baru banding sulit untuk mendefinisikan. Pengumuman besar minggu ini datang dari Microsoft, raksasa komputer berjanji dukungan untuk disebut Layer 2 scaling solusi seperti petir jaringan sebagai cara terbaik maju untuk meningkatkan kapasitas transaksi.
Solusi pada jaringan, seperti yang digunakan oleh keras garpu Bitcoin uang tunai, yang "merendahkan desentralisasi," klaim.
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