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Topic: Bitcoin $10k Before June, Possible? - page 2. (Read 17561 times)

legendary
Activity: 2044
Merit: 1008
May 12, 2019, 03:39:04 AM
Theoretically, it is possible. Bitcoin has added almost $70 billion in market cap during the last two months. So it is rational to expect it to add another $50 billion during the next two months. But at a certain point of time, there will be profit booking. Those who have purchased coins for 3K per coin will be looking to sell at least some of the coins. I don't think that this phase will occur before we reach 10K, but need to look out for that.
jr. member
Activity: 378
Merit: 1
May 12, 2019, 03:17:58 AM
Today, bitcoin broke through a new local height of $6700. Now bitcoin is consolidating at $6800- $7100 but after that we can expect that we will go down again.  I do not think that in June we will reach $ 10000.
Just a month ago, I would say that it’s impossible to reach the price of Bitcoin before June at the level of $ 10,000. However, Bitcoin now began to grow very quickly. An hour ago, he also sharply rose to the price of 6787 dollars, and now its price, according to CoinMarketCap, is already 6880 dollars. At the same time, ethereum rose to 191 dollars. Bitcoin, of course, will continue to grow in price. However, it will not constantly grow. He will periodically fall on the correction, so by June he is unlikely to be able to rise to 10,000 dollars, but by September it is quite possible.
Well, as you said, a month ago, you couldn't believe that bitcoin prices could reach $10000 before June, you can't even believe that bitcoin has recovered and developed as it is now but bitcoin has slowly slowly destroyed all your calculations and speculations. That proves that bitcoin is beyond our expectations, it can do things that we can't believe, and with such recovery speed, I am quite confident that bitcoin can reach $10000 before June, the adjustment is yet to happen, bitcoin still rushes forward like a rocket
full member
Activity: 364
Merit: 101
May 12, 2019, 03:09:59 AM
Now bitcoin is growing in its price at such a high rate that it seems that nothing is impossible anymore. In the morning, according to the CoinMarketCap table, its price was still 7185 dollars, and now its price is already 7415 dollars. If it continues to grow further, by the end of May it may well reach a price of 10,000 dollars. True, we can not say how long Bitcoin will continue to grow. In the meantime, it is safe to say that we are seeing a full-fledged bull market, as the steady and slow rise in the price of bitcoin began from the beginning of April, and now its growth has become simply huge.
legendary
Activity: 2338
Merit: 1124
May 12, 2019, 12:46:49 AM
A huge target and expectation for bitcoin but like other said no impossible happen for bitcoin but in my opinion it cannot reach the $10k level this coming June maybe we can see a huge pump up before end of the year or the 1st quarter of 2020 for now just keep observing bitcoin flow because everything can be change or can manipulating for some big whales.

You couldn't be more wrong. Bitcoin gains over $300 in less than a day, and now it trades around $6,600 the rally has been triggered and I prefer a steady uptrend with minor corrections along the way.
If bitcoin could continue on this momentum to regain its old ATH, then it might be possible to really see bitcoin hit $10,000 by June, although the amount needed in that marketcap to really get this price value is quite very much, but if we could get some big industries to also invest now, we could easily reach that value by June.

But wait, does anyone really know why bitcoin is mooning this high, I know we no longer have bears in the market, but what could have actually triggered this great move that is so surprising to everyone in the market. Well, let us see how time will tell what will happen in the long run.
full member
Activity: 854
Merit: 104
May 11, 2019, 11:16:36 AM
Today, bitcoin broke through a new local height of $6700. Now bitcoin is consolidating at $6800- $7100 but after that we can expect that we will go down again.  I do not think that in June we will reach $ 10000.
Just a month ago, I would say that it’s impossible to reach the price of Bitcoin before June at the level of $ 10,000. However, Bitcoin now began to grow very quickly. An hour ago, he also sharply rose to the price of 6787 dollars, and now its price, according to CoinMarketCap, is already 6880 dollars. At the same time, ethereum rose to 191 dollars. Bitcoin, of course, will continue to grow in price. However, it will not constantly grow. He will periodically fall on the correction, so by June he is unlikely to be able to rise to 10,000 dollars, but by September it is quite possible.
sr. member
Activity: 826
Merit: 265
May 11, 2019, 10:39:34 AM
We are now in the top at $7,000 above and looking still strong for our crypto investment and if this continue then maybe before May ends surely $10,000 is too easy

Today, bitcoin broke through a new local height of $6700. Now bitcoin is consolidating at $6800- $7100 but after that we can expect that we will go down again.  I do not think that in June we will reach $ 10000.
Lol we break the barricades at $7,000 and running $7,200 the time i am posting this so we are all positive in this bullrun
member
Activity: 980
Merit: 62
May 11, 2019, 10:15:25 AM
I think this is a very likely scenario, but we can see this Bitcoin price much earlier if the growth rates remain at the same level as they have been for the last few weeks. The price is already almost $7,000 and this is a rise in just a few days, so I am sure that until the end of May, the price can go up to about $9,500-$10,000.

I don't think that it is possible. The market will not only go upwards for the upcoming days.
It will have times that it will go down as well. So I think that it will stop going up a little before 7k and it will move downwards. After that it will rise up again and it will maybe reach 10k by the end of the year.
jr. member
Activity: 868
Merit: 2
May 11, 2019, 10:11:46 AM
Today, bitcoin broke through a new local height of $6700. Now bitcoin is consolidating at $6800- $7100 but after that we can expect that we will go down again.  I do not think that in June we will reach $ 10000.
member
Activity: 532
Merit: 18
Bitcoin lover!
May 11, 2019, 09:45:11 AM
I think this is a very likely scenario, but we can see this Bitcoin price much earlier if the growth rates remain at the same level as they have been for the last few weeks. The price is already almost $7,000 and this is a rise in just a few days, so I am sure that until the end of May, the price can go up to about $9,500-$10,000.
full member
Activity: 1489
Merit: 150
May 11, 2019, 07:04:40 AM
A huge target and expectation for bitcoin but like other said no impossible happen for bitcoin but in my opinion it cannot reach the $10k level this coming June maybe we can see a huge pump up before end of the year or the 1st quarter of 2020 for now just keep observing bitcoin flow because everything can be change or can manipulating for some big whales.
I agree with you, that this increase must be wary, because we do not know the direction of Bitcoin prices for tomorrow, so for me at this time will remain vigilant if there is a decrease, there I will buy it.
hero member
Activity: 1022
Merit: 683
Love is the answer
May 11, 2019, 06:26:02 AM
Well, judging on the continued ability by Bitcoin to spring double digit growth in 24 hours, now for the third time in as many weeks? I guess 10k June figure doesn't look absurd.

I know the technicals don't really support that, but the fundamentals won't flinch too much.

I'm still highly suspicious of why sellers aren't getting up a little to remind people they're there, though.

Have to agree here, by the date of the OP it looked VERY unlikely, nearly impossible.

But with the developments of the last weeks and the more often we see strong resistance-levels (such as the $6k) gets braken like they are not existent, its getting more and more likely.

Anyway, I don´t see $8k to fall in the next 2 weeks.
legendary
Activity: 2968
Merit: 3684
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May 11, 2019, 02:43:09 AM
Well, judging on the continued ability by Bitcoin to spring double digit growth in 24 hours, now for the third time in as many weeks? I guess 10k June figure doesn't look absurd.

I know the technicals don't really support that, but the fundamentals won't flinch too much.

I'm still highly suspicious of why sellers aren't getting up a little to remind people they're there, though.
full member
Activity: 658
Merit: 117
May 11, 2019, 01:01:32 AM
A huge target and expectation for bitcoin but like other said no impossible happen for bitcoin but in my opinion it cannot reach the $10k level this coming June maybe we can see a huge pump up before end of the year or the 1st quarter of 2020 for now just keep observing bitcoin flow because everything can be change or can manipulating for some big whales.

You couldn't be more wrong. Bitcoin gains over $300 in less than a day, and now it trades around $6,600 the rally has been triggered and I prefer a steady uptrend with minor corrections along the way.
member
Activity: 476
Merit: 12
April 26, 2019, 05:17:30 PM
A huge target and expectation for bitcoin but like other said no impossible happen for bitcoin but in my opinion it cannot reach the $10k level this coming June maybe we can see a huge pump up before end of the year or the 1st quarter of 2020 for now just keep observing bitcoin flow because everything can be change or can manipulating for some big whales.
member
Activity: 588
Merit: 11
April 26, 2019, 04:54:10 PM
I think the bitcoin need continuous and agressive to uptrend to reach $10k by June with only few corrections. With the present trend, I doubt if bitcoin can able to reach that price by June because of some declines that happened a day ago due to the bitfinex incident. If this kind of corrections is frequent in the coming coming month, then $10k is not reachable. The leading cryptocurrency need strong support from the investors who can able to pump it to that target price.
hero member
Activity: 1148
Merit: 528
April 26, 2019, 06:26:18 AM
I don't think that it is possible to reach 10k before June.
We don't have any news about possible positive trends or an event about bitcoin that will boost the functionality of the chain until then.
Relying on trading trends only it will be a huge pump if this happen and I don't really see investors pushing the price almost 100% up inn such a short period of time.
Adoption rate Is going on gradually and there are so many factors increasing the growth of BTC that we may not really get in the news, we cannot see everything going around the world in the news, imagine that a particular government decides to silently invest in Bitcoin without the knowledge of its citizens since they are still against it.

Let us use the event of this month as example, majority of us are still looking for the fundamentals that contributed to the growth of the BTC from $4000 to $5000 and we are yet to still see it. So we may not really know what will contribute to the market that will shoot the price to $10k.
sr. member
Activity: 1484
Merit: 253
April 25, 2019, 10:21:39 PM
I do not think anything about you, OP. But I do think bitcoin will never jump so high before June, if only we say about 1019's June. Make possible targets for bitcoin.
In reality is not possible to happen because so far bitcoin always find another crash if its price up several percent. As you see now, a few days back the price bitcoin jump to $5600 just in two days but now the price come back to $5100 just in 3 hours too. Because of that I can make an illusion that bitcoin can reach the price what OP hoped or also can reach at the lower price more than $3200 if we see at the movement price so far.

It might be due of a high market volatility which is usually occur in the field. We are aware of this kind of scenario, but we have to believe the capacity of the market cap that they can surpass this bearishness and continue to break the barrier. But looking forward the phase, it is quite long before it will hit the desirable peak, just have a positive motivation and determination.
legendary
Activity: 3500
Merit: 6981
Top Crypto Casino
April 25, 2019, 08:41:06 PM
Don't think I can stand another pull back.  Sad
People won't despair, and you ought to prepare yourself for at least one more pullback before bitcoin hits $10k. 

Also, it seems like at least 2 years ago since I've written something like this, but lately I've been having the exact same thought: I hope bitcoin does not go up too fast too soon.  I definitely want it to bust past the $10k barrier, but if it gets there too quickly the market could be in trouble.  We might not just get a pullback but a full-blown crash.  I don't think that's the most likely scenario, but it could happen.

I'm surprised to see that bitcoin would jump back to $5,500 and that's a very nice move.
Agree, and there was always a question in my mind whether bitcoin would break out of that stagnant range upward, or whether it would just sink.  I'm very glad the market decided on a higher value for it, and I'm hoping there's still more good stuff to come.  I just don't want it to become a bubble.
full member
Activity: 1330
Merit: 147
April 25, 2019, 08:27:29 PM
I do not think anything about you, OP. But I do think bitcoin will never jump so high before June, if only we say about 1019's June. Make possible targets for bitcoin.
In reality is not possible to happen because so far bitcoin always find another crash if its price up several percent. As you see now, a few days back the price bitcoin jump to $5600 just in two days but now the price come back to $5100 just in 3 hours too. Because of that I can make an illusion that bitcoin can reach the price what OP hoped or also can reach at the lower price more than $3200 if we see at the movement price so far.
sr. member
Activity: 2828
Merit: 344
win lambo...
April 25, 2019, 05:07:11 PM
I do not think anything about you, OP. But I do think bitcoin will never jump so high before June, if only we say about 1019's June. Make possible targets for bitcoin.
I know that you are not that to optimistic but I agree that it won't fly that high in a short period of time even though there is a hypes.
It is a little bit high enough to be at $10k, maybe we can only reach into $8k as nearly to be possible. We have only 2 months short but still we even not surpassing $6k which could be hardly to reach for that amount.
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