Quote from: The_Dark_Knight on May 11, 2018, 03:49:40 AM

Quote from: ainimarch112 on May 05, 2018, 03:47:53 PM

BTC almost break 10k now what will be next ?

It seems you got your answer already, bitcoin was close to breaking the barrier of 10000 but at the end the bears won the battle and now the price is going down, it seems that many people thought that bitcoin will be unable to surpass the price and they sold before that happened this in turn created a greater supply of bitcoin and this had the effect of decreasing the price.

Well that one scenario also possible, because $10000 is big mental barrier for most trader. Who wouldn't want to get a quick profit by selling at that price? specially who are shorting bitcoin in the last 3 months. And right now the downtrend still continues as I see that the price goes below $9000 again, a indication that there might be clearly manipulating from behind and don't want the price to go above $10000 or another bad news going on our way. For now, I think that we are on another uphill battle and will continue to struggle to be able to get to 5 digit mark. The good news is that this is another good buying point for all of us if the price continues to go down in the next couple of hours.