That's is the most awaiting moments of all bitcoin ethusiasm the next signal for bullish of bitcoin after the very worse scenario of bitcoin for more than a year the price prediction 10,000$ is almost reach at this end of month let's monitor the price of bitcoin at this 1st day of june to get the 10,000$ price value.
Topic: [2019-05-27] Bitcoin Hits New 2019 High Above $8,900 (Read 176 times)
The current price movement is very promising. But in all certainty, there will be another round of profit booking before we reach the level of $10,000 per coin. And this is going to be more exhausting and time consuming when compared to the one we had last week. And I am not sure whether 10K may be achievable before the next block reward halving.
I also expect it to play out like this. 10 thousand is a big psychological barrier after which there are almost none until 20. I'm sure people will try to use it as a profit taking spot and ideally try to make the price reach it and dump more than once.
I don't think it will be a fakeout leading to some new lows. The bull market is back 100% and this means a slow struggle to break 10 thousand or a quick sudden move that will take us to 20 this year.
The price had retraced or do have some pullback and if you are shorting or actively trading then making up positions as of this current price would be a worth to try on.
Good to see this price recovery but talking $10,000 price wont really happen easily.Just give it some time and we would break that level once again.
Good to see this price recovery but talking $10,000 price wont really happen easily.Just give it some time and we would break that level once again.
Hopefully it will break the USD19k resistance before end of this year!!
Is very good to be optimistic, but the price has not even reached more than $ 15,000, so thinking about reaching $ 19,000 still this year can be a very difficult dream to realize
breaking that 10k would really be easy
look what happened when tried to break the $ 9000, had a big price drop, which means that breaking the $ 10,000 will be very difficult
Bitcoin’s price has once again set a new high for 2019 after breaking out from a bullish pattern on the daily chart, reaching as high as $8,905 before retracing slightly.
broke the $ 9000 and then fell a lot
This is a good sign indeed that Bitcoin is starting the Bull run again after much depreciation in 2018. Hopefully it will break the USD19k resistance before end of this year!!
Let's not be too optimistic.
What do you expect people to do? When the price is tanking hard everyone is saying that the price will go up again so there is no need to worry, and when we do finally go up, people suddenly have to stop being optimistic.It's clear that the current bull run has made the market become super irrational again. CNBC is no longer a counter indicator, the mass being overly bullish isn't either, so just go with the trend and you'll be doing fine.
Maybe that the $10k mark will bring the correction we have been waiting for, but it could just as easily blast right through it. Grab yourself some popcorn and a drink and enjoy looking at bulls slaughtering the bears.
I am actually taking my hat off to bitcoin for its power leading people to think, feel and act irrationally. Unlike other types of investment vehicle, cryptocurrency is one hell of an entertainment just watching the exchanges of out-of-this-world opinions and weird ideas and one thing for sure the same phenomenon can affect even highly intelligent and educated guys (I would love to be part of that list, really).
Let's not be too optimistic.
What do you expect people to do? When the price is tanking hard everyone is saying that the price will go up again so there is no need to worry, and when we do finally go up, people suddenly have to stop being optimistic.It's clear that the current bull run has made the market become super irrational again. CNBC is no longer a counter indicator, the mass being overly bullish isn't either, so just go with the trend and you'll be doing fine.
Maybe that the $10k mark will bring the correction we have been waiting for, but it could just as easily blast right through it. Grab yourself some popcorn and a drink and enjoy looking at bulls slaughtering the bears.
Bitcoin is so bullish today that it reached the $8,900 zone before slowing down and now steadying at around $8,700+ which is a good run considering that it just took within hours. Now, we are looking if the King of Coins can be able to finally breach the $9,000 level. I am getting optimistic that within June, bitcoin can be able to break the $10,000 barrier. Soon a big FOMO will land on bitcoin and that can be the time when there can be a parabolic jump...though personally I still prefer a steady growth over a sudden one.
We might see some parabolic patterns but always keep it on mind that price crash is inevitable.When bitcoins price hits up 8900+ i did make some sell and call it a day.
Rinse and repeat for reaping out profits for short terms.
The current price movement is very promising. But in all certainty, there will be another round of profit booking before we reach the level of $10,000 per coin. And this is going to be more exhausting and time consuming when compared to the one we had last week. And I am not sure whether 10K may be achievable before the next block reward halving.
Let's not be too optimistic. The fees have increased crazily, which could be a sign for faking pump as it happened in 2017 and then dumps in stages.
Also, the price has moved from the $ 5000 barrier without going through a corrective situation.
I hope that a correction will occur at stability levels rather than random dumping.
Also, the price has moved from the $ 5000 barrier without going through a corrective situation.
I hope that a correction will occur at stability levels rather than random dumping.
This is perfectly normal,the price goes up too fast,this create a fast increase in the transaction volume,so the fees have to increase.The higher fees doesn't always mean that the price will down,however I think a price correction or crash will occur,but due to other reasons,not increased transaction fees.
Let's not be too optimistic. The fees have increased crazily, which could be a sign for faking pump as it happened in 2017 and then dumps in stages.
Also, the price has moved from the $ 5000 barrier without going through a corrective situation.
I hope that a correction will occur at stability levels rather than random dumping.
Also, the price has moved from the $ 5000 barrier without going through a corrective situation.
I hope that a correction will occur at stability levels rather than random dumping.
Said it a couple of times now in recent weeks, but more often before. Not that I'm a genius either but I think we really ought to have a proper correction, a few solid pullbacks before we can be on our way. Of course it's nice to enjoy the prices now but it is somewhat worrying for the long term not to see proper volumes underlying. Fundamentals are good, but not nearly enough for this sort of overheating.
The long "winter" simply wasn't long enough, nor painful enough. The failure to purge all optimists from mainstream media is proof of that.
But hey, Bitcoin, feel free to prove me wrong!
The kind of pumps I like to see, are those that usually pumps with some external influence such as good news regarding regulation or a big market player showing interest in cryptocurrencies but this one is somehow strange btc prices just shot up....
Could this be some price manipulation by Bot trading?
Regardless of this ATH, this is a short lived achievement as bitcoin hasn't held on to the $8900
Could this be some price manipulation by Bot trading?
Regardless of this ATH, this is a short lived achievement as bitcoin hasn't held on to the $8900
Let's not be too optimistic. The fees have increased crazily, which could be a sign for faking pump as it happened in 2017 and then dumps in stages.
Also, the price has moved from the $ 5000 barrier without going through a corrective situation.
I hope that a correction will occur at stability levels rather than random dumping.
Also, the price has moved from the $ 5000 barrier without going through a corrective situation.
I hope that a correction will occur at stability levels rather than random dumping.
Thats a good sign the Bull run are already back I feel that we already close to $10,000 before going back to its all time high, so those people that never believe that bull are back are now crying because not buying at $3000 if we will based on the historical chart of Bitcoin you will notice a scenario of up up up down up up up up this means we see sooner a $10k or higher. Congrats Bitcoin holder you made a good profit!!
Bitcoin’s price has once again set a new high for 2019 after breaking out from a bullish pattern on the daily chart, reaching as high as $8,905 before retracing slightly.
At 19:00 UTC on May 26, the world’s largest cryptocurrency by market capitalization broke from an ascending triangle pattern on the daily chart, courtesy of being held beneath $8,250 for an extended period of time.
The move to fresh 2019 highs has come at a time when prices were beginning to creep to the downside, touching as low as $6,600 on May 17 before a large amount of buying pressure pushed prices back above $7,300 within the same day.
Since then prices have once again jumped by 22 percent, first rising above $8,500 on Sunday night in bullish fashion, then reaching over $8,700 within half an hour.
Further Read: https://www.coindesk.com/bitcoin-hits-new-2019-high-above-8900
Bitcoin is so bullish today that it reached the $8,900 zone before slowing down and now steadying at around $8,700+ which is a good run considering that it just took within hours. Now, we are looking if the King of Coins can be able to finally breach the $9,000 level. I am getting optimistic that within June, bitcoin can be able to break the $10,000 barrier. Soon a big FOMO will land on bitcoin and that can be the time when there can be a parabolic jump...though personally I still prefer a steady growth over a sudden one.
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