Bitcoin $10k Before June, Possible? - page 5.

Idrisu

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Quote from: olumyd on April 08, 2019, 11:58:01 AM

It's truly hard to predict how the market moves. Everyone is saying we are up and I saw a recent news that Bitcoin is overbought, which could inadvertently turn to another market decline. Though some pundits have it that Bitcoin has bottomed out.

Can bitcoin reach $10k before June? I'm sure if it manages a rally to that new 2019 high, we could sustain it to the old ATH. If not people may despair again. What are your thoughts?

Don't think I can stand another pull back. Sad

Everything is possible as far as this world is concerned and we can keep our faith on. June is still far and bitcoin is a little above $5000 in terms of price and there were times that bitcoin was adding above $5000 in a month. I also believe that the future is bright and bitcoin is going to be more of bullish trend than bearish trend this year.

Wexlike

legendary

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Quote from: STT on April 20, 2019, 06:46:07 PM

Quote from: Wexlike on April 20, 2019, 03:22:11 PM

But I’m still trying to wrap my mind around Volatility...

Volatility is just lack of price stability so just rising alot can represent volatility because its out of line with the average pricing. So the 50 average shows as jumping up to 5k area away from the trend of February or so, thats short term. 200 day we have a descending price with action and expectations now upwards so thats a clash, again showing some volatility I think. The more instable the price the less we certain we can be of price predictions. Since we already rose I think a return to averages is more likely until both averages are moving upwards, the further we move away from averages short term the less likely it is to last

What is your average price then for now ? Somewhere in the 4k $ region ?

STT

legendary

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Quote from: Wexlike on April 20, 2019, 03:22:11 PM

But I’m still trying to wrap my mind around Volatility...

Volatility is just lack of price stability so just rising alot can represent volatility because its out of line with the average pricing. So the 50 average shows as jumping up to 5k area away from the trend of February or so, thats short term. 200 day we have a descending price with action and expectations now upwards so thats a clash, again showing some volatility I think. The more instable the price the less we certain we can be of price predictions. Since we already rose I think a return to averages is more likely until both averages are moving upwards, the further we move away from averages short term the less likely it is to last

SaShiRaJaVu

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Quote from: olumyd on April 08, 2019, 11:58:01 AM

It's truly hard to predict how the market moves. Everyone is saying we are up and I saw a recent news that Bitcoin is overbought, which could inadvertently turn to another market decline. Though some pundits have it that Bitcoin has bottomed out.
Can bitcoin reach $10k before June? I'm sure if it manages a rally to that new 2019 high, we could sustain it to the old ATH. If not people may despair again. What are your thoughts?
Don't think I can stand another pull back. Sad

It is an impossible task to put a time bound on when and what the market will do at a particular time, the market looks like recovering from the bear market which was ruling over a year but that cannot give any indication that the market is moving higher and cross certain boundaries in a short period of time, you might even see a pull back before any market rally and hence never set a big target for the short term.

barota

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This is not easy . rise of 100 percent in price bitcoin and that mean 200 percent in prices of ltc , eth , bch.., Within three months!!
Let us be realistic. And do not regret in the end for buying expensive.
I do not know why prices crashed to 3200 per btc before 6 month or less?
Those reasons of crash have not been resolved

Wexlike

legendary

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Quote from: Pattart on April 20, 2019, 03:15:54 PM

Quote from: teosanru on April 20, 2019, 12:00:35 PM

$10k has rare a chance. I guess we will reach $10k by July the earliest. Market will stay and test level $7k multiple times with corrections. This will take time. We don't have enough volume to double the price within a month.

But market is pretty strong. After testing some few tough resistance, we will be ready for parabolic movement.

if this positive condition continues, why not? prices can go up to $1000++ in just a few days, if the conditions are good.
of course in the next few months prices can skyrocket if there is shocking news right?

A few years ago, Christopher W Mayer wrote a book, “100 Baggers: Stocks That Return 100-to-1 and How To Find Them.” His conclusion was that to get a 100 Bagger, you had to HODL. And on the way to the 100x increase, there would be at least 3 drops of 80% or more. This was going to be my approach until I stumbled across Volatility and Mark Whistler. But I’m still trying to wrap my mind around Volatility...

Pattart

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Quote from: teosanru on April 20, 2019, 12:00:35 PM

$10k has rare a chance. I guess we will reach $10k by July the earliest. Market will stay and test level $7k multiple times with corrections. This will take time. We don't have enough volume to double the price within a month.

But market is pretty strong. After testing some few tough resistance, we will be ready for parabolic movement.

if this positive condition continues, why not? prices can go up to $1000++ in just a few days, if the conditions are good.
of course in the next few months prices can skyrocket if there is shocking news right?

Scheede

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Love is the answer

Quote from: teosanru on April 20, 2019, 12:00:35 PM

$10k has rare a chance. I guess we will reach $10k by July the earliest. Market will stay and test level $7k multiple times with corrections. This will take time. We don't have enough volume to double the price within a month.

But market is pretty strong. After testing some few tough resistance, we will be ready for parabolic movement.

As I am still expecting wave 5 to bring us down below 4k once again in May, I rarely see ANY chance for 8k before June (2%), not to think of 10k, no idea why that should happen to soon anyway after now 15 months of correction made up with some smaller jumps and a lot of sideways-action.

10k? Maybe 2020.

Wexlike

legendary

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Quote from: teosanru on April 20, 2019, 12:00:35 PM

$10k has rare a chance. I guess we will reach $10k by July the earliest. Market will stay and test level $7k multiple times with corrections. This will take time. We don't have enough volume to double the price within a month.

But market is pretty strong. After testing some few tough resistance, we will be ready for parabolic movement.

Every one makes mistakes when they start that's really not an attack imo. Who would expect anyone to be a pro on day 1. They're not mistakes but ways to grow.
Volume might have mattered since literally a few hours later the price was up 25% after stagnating 4 months.

You are ignoring the proven 95% wash trading volume and 18 billion $ Tether volume (was at 2 billion at crypto peak & all of 2018 too the most it must have gotten to in that entire period was 3 billion or so), which shows how desperate they have gotten and bold and how crazy and dangerous things are and how it's all a ponzi, because "so what volume doesn't matter because there's robo traders all good".

Sounds ALOT like denial.

Irvinn

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Quote from: olumyd on April 08, 2019, 11:58:01 AM

It's truly hard to predict how the market moves. Everyone is saying we are up and I saw a recent news that Bitcoin is overbought, which could inadvertently turn to another market decline. Though some pundits have it that Bitcoin has bottomed out.

Can bitcoin reach $10k before June? I'm sure if it manages a rally to that new 2019 high, we could sustain it to the old ATH. If not people may despair again. What are your thoughts?

Don't think I can stand another pull back. Sad

No, it is impossible to raise Bitcoin in its price to $ 10,000 before June. The cryptocurrency market will grow quite slowly for some time. Investors are still extremely cautious in their investments. We see that the price of cryptocurrency is still surprisingly stable with a tendency for a slight rise. Although this month Bitcoin has risen in price by more than a thousand dollars, it is unlikely that it will be able to rise to 10,000 dollars in a month or two. This figure may be real only by the end of the year.

teosanru

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$10k has rare a chance. I guess we will reach $10k by July the earliest. Market will stay and test level $7k multiple times with corrections. This will take time. We don't have enough volume to double the price within a month.

But market is pretty strong. After testing some few tough resistance, we will be ready for parabolic movement.

kennen1113

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Quote from: Fortify on April 20, 2019, 07:29:50 AM

People usually put some evidence, research or projections when they put forward a random prediction. Is this just your feeling, do you have any logical thought process to your prediction? I can't see why it would raise that much by June in particular

They don't even have any evidence or analysis, they just rely on feelings and rumors, then constantly spread that bitcoin will raise prices very high but when I ask them about the analysis or anything to determine the accuracy of this prediction, they are often silent. Speculation is really a necessity in crypto, but I hope people should speculate with certain figures, not using intuition to create speculation, it's meaningless and irrational.

LimLims

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1xbit.com

There is nothing in the world that is not possible.
I mean the word itself says I m possible.
Okay nevertheless you need to know that why and when the price of Bitcoin increases or decreases in order to know about the future predictions.
IMO if more people buy bitcoins or i mean invest in it, then surely the price will rise. And who knows maybe in June, it will reach 10k usd as OP mentioned.

senne

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$9k before June is more than possible. There was one post made in January this year. In that post the OP wrote about the price predictions for this year. He predicted price of $5300 in April and he can't be more correct. His prediction for June is $9300 and I am hoping the same. Let's see where it goes. If that happens, his year end prediction is $84000 for BTC. Grin

crossabdd

legendary

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Quote from: Adriano2010 on April 08, 2019, 12:36:59 PM

Maybe yes or no, i read some news today that the price will reach 8400$ in some weeks if the price pass the resistance at 5600$ and at 6400$ or something similar, but anything is possible and holders can get a nice profit.

for me bitcoin price will be down after Julian Assange get arrested, thats make bitcoin price down. of course we cant forbid to using bitcoin, because bitcoin is decentralization but we must make a good image for bitcoin, dont use bitcoin for illegal activy.

Pearls Before Swine

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Quote from: olumyd on April 08, 2019, 11:58:01 AM

Everyone is saying we are up and I saw a recent news that Bitcoin is overbought

Bitcoin is not overbought yet, considering that its value just broke through the $5000 barrier in the past week.

If the trend continues at the rate its going, it is very possible that bitcoin could bust on through to $10,000 by June. Does anyone really want it to, though? If it does then you could say definitively that it was overbought, and it would not be likely to stay at that level for long. Bitcoin would drop like a stone, reminiscent of 2017 when it hit $20,000.

Slow and steady not only wins the race but is good for bitcoin. I am not hoping for such a meteoric rise.

Fortify

legendary

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People usually put some evidence, research or projections when they put forward a random prediction. Is this just your feeling, do you have any logical thought process to your prediction? I can't see why it would raise that much by June in particular

aysg76

legendary

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Quote from: passwordnow on April 20, 2019, 06:46:34 AM

For 2 months? we saw bitcoin pumped with a $1000 increase within few hours so until June if same pump would come before June, we might see $10,000 before or by June. Bitcoin has a very unpredictable behavior, we may see it pump exactly as OP predicted.

Well for the closest target we can expect pricing up to 7-8k$ after seeking the current rate of growth of the coin. However, 10k$ is not too far but I don't think that would be happening in such a short span. But bitcoin is such a volatile currency that anything could happen anytime, so lets wait future brings to the coin...

passwordnow

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Leading Crypto Sports Betting & Casino Platform

For 2 months? we saw bitcoin pumped with a $1000 increase within few hours so until June if same pump would come before June, we might see $10,000 before or by June. Bitcoin has a very unpredictable behavior, we may see it pump exactly as OP predicted.

Wayan_Pedjeng

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Although it is a very difficult target in such a short time, I believe that it is very much possible. But everything will depend on 2-3 factors, and the first one is obviously the proposed Bitcoin mining ban in China. If China raids the mining farms or arrest some of the miners, then it can definitely have an impact on the exchange rates (either a positive or negative impact).

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