Any time anyone asks a question about the price and asks if its possible I chuckle a bit. I mean bitcoin at 100k is possible, bitcoin at 1 million is "possible", bitcoin at 100 dollar is "possible".
If you look at it anything is possible in this space, that doesn't mean it will happen, it is just possible, for example apple stocks becoming one million each is not possible, there are rules and regulations against those type of things, or apple shares becoming one cent each, none of that will happen because there are regulations, however bitcoin is decentralized so it could be any price at any time and there is nothing stopping it. That is why if you ever think if a price is possible the answer is at all times yes. Is it plausible? That is a whole another question we all try to find the answer of.
Topic: Bitcoin $10k Before June, Possible? - page 9. (Read 17573 times)
We are a few months before June, which means there is a high possibility of seeing $10k ! And IMO i feel like people kind of lost hope
in bitcoin for short while because prices were not exciting for a long time but with the current upward trend this could spark the demand crypto lost and push the price up once again!
in bitcoin for short while because prices were not exciting for a long time but with the current upward trend this could spark the demand crypto lost and push the price up once again!
One thing you can say about bitcoin's price is that it is very unpredictable. You cannot fully say that it will or will not happen. I say that it is possible, it can happen but do not expect it. And do not despair if the opposite happens, if it pulls back. That happens.
True that, bitcoin is unpredictable, so as the crypto market. The current price now is only the basis of predicting the future, but BTC could pump hard and is capable of breaking it's own record in just a short time.
Provided the current bull run will stay and continue, that $10k is very low, we were surprise recently, so I can't limit BTC's growth anymore.
Very difficult to predict the market but at ATH in the past the turbulent market was strong enough to break down the demand wall, possibly there could be but on what basis is the 10K value before June? is there good news going on or will there be acceptance of bitcoin in large open companies that will increase prices? We must encourage market growth.
That will be possible, and it could happen before June this year. But once again, we don't know if that could happen or not because the bitcoin price cannot be predictable on where the price will move and that is too difficult to know the right price in the next month. Although there is much good news release in out there, it is not guaranteed for bitcoin price to reach that price but the chance still wide open.
One thing you can say about bitcoin's price is that it is very unpredictable. You cannot fully say that it will or will not happen. I say that it is possible, it can happen but do not expect it. And do not despair if the opposite happens, if it pulls back. That happens.
I myself do not underline the comparison with the previous years, I just though optimistically that bitcoin can still be on the flow of the story on naturalness which will indeed easily reach higher prices because of course it will be influenced by bitcoin users/bitcoin enthusiasts from time to time which increasingly.
There is no need to just look at its disadvantages, its advantages will definitely bring it to its popularity and survive strong over time until many support it because of its unique and more transparent characteristics.
For $10k I still believe, even though it wasn't in June, it certainly would reach it, just keep on eyes it is.
There is no need to just look at its disadvantages, its advantages will definitely bring it to its popularity and survive strong over time until many support it because of its unique and more transparent characteristics.
For $10k I still believe, even though it wasn't in June, it certainly would reach it, just keep on eyes it is.
I always expect the worst with these crypto so a pullback is certainly something I would expect.
Dont be surprised if we see the price fall back down to 4,000$.
Making it to 10,000$ in 3 months seems a little out of the question.
Maybe by the end of the year but who really knows.
Dont be surprised if we see the price fall back down to 4,000$.
Making it to 10,000$ in 3 months seems a little out of the question.
Maybe by the end of the year but who really knows.
Don't forget, anything is possible in crypto. We can speculate anything but must prepare for anything that can happen in crypto. Maybe in next month there are big news if bitcoin that can make huge increased of price. Who knows.
This is why i’m not making any predictions right now and I’m just setting up the prices when i should sold my bitcoin. That can be possible but no one can tell it right now. The pump can happen within just 1 day, so open your eyes for every possibilities like this and make no panic when it collapse again. 
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.
Even I don't see the possibility of falling again, indeed no one knows what will happen next and it is unpredictable, I just don't want to despair behind the increase that occurred in this quarter and will remain optimistic if the price of bitcoin is able to continue to increase although volatility happen. It doesn't matter if before June prices could still not be able to reach $10k, but when prices were able to survive and stagnate close to $10k then that would be fine in my opinion when compared to the bearish market which keeps prices falling.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.
If we have learned from that experience, we will not be surprise in case BTC will fall again, but what has happened now is really worth appreciating of.
The market may stay bearish but we have seen some good increase and this is a big opportunity for the market to change direction completely.
Very difficult to predict the market but at ATH in the past the turbulent market was strong enough to break down the demand wall, possibly there could be but on what basis is the 10K value before June? is there good news going on or will there be acceptance of bitcoin in large open companies that will increase prices? We must encourage market growth.
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.
Even I don't see the possibility of falling again, indeed no one knows what will happen next and it is unpredictable, I just don't want to despair behind the increase that occurred in this quarter and will remain optimistic if the price of bitcoin is able to continue to increase although volatility happen. It doesn't matter if before June prices could still not be able to reach $10k, but when prices were able to survive and stagnate close to $10k then that would be fine in my opinion when compared to the bearish market which keeps prices falling. 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.
Don't forget, anything is possible in crypto. We can speculate anything but must prepare for anything that can happen in crypto. Maybe in next month there are big news if bitcoin that can make huge increased of price. Who knows.
This is why i’m not making any predictions right now and I’m just setting up the prices when i should sold my bitcoin. That can be possible but no one can tell it right now. The pump can happen within just 1 day, so open your eyes for every possibilities like this and make no panic when it collapse again.
The uncertainty of speculation makes us feel hesitant to make a decision against bitcoin. From several factors as possible, if there are no more people who panic with a small decrease bitcoin, will be able to continue to rise even before June, it depends on the amount of money coming into the market crypto. if in the end bitcoin experiences a decline again then we should be more patient again and don't panic like everyone else. It is not impossible the current situation is the initial moment of the trend reversal.
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.
Well for now that we are 5k range of price it's hard to say if we can reach the 10k price by June but of course in crypto there's so many surprises. Let's observe the market if the market continues to move up maybe we can say it that there's possibility that we can a 10k range of price. 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.
Nobody knows what will happen. Anyone that makes a prediction is just guessing.
Markets travel in ways of least resistance where there is profit to be made. So when everybody bought in 2017 and were sitting on massive unrealized gains, the market went against them and took those gains away.
Same with the people who shorted when $5800 broke, they were sitting on large profits at $3100 and never took profit and are now most likely going to cover at break even. When that happens it might easily reverse and take out those traders who bought at $3100 or $2500 in May 2017 when the massive FOMO started.
Markets travel in ways of least resistance where there is profit to be made. So when everybody bought in 2017 and were sitting on massive unrealized gains, the market went against them and took those gains away.
Same with the people who shorted when $5800 broke, they were sitting on large profits at $3100 and never took profit and are now most likely going to cover at break even. When that happens it might easily reverse and take out those traders who bought at $3100 or $2500 in May 2017 when the massive FOMO started.
Yeah, as much as I'm unconvinced that this winter is over (I think 2020 post halving is the earliest it could happen), I'll still remember that in mid-2017, no one except the wildest-eyed ones would ever dare speak of 5-figures. Of course, once 10k was breached, that crazy climb to 20k was on everyone's lips, but the point is, no point really saying what's possible because nothing isn't. No rules and different sets of realistic when it comes to Bitcoin.
I'm not sure about least resistance though. The supposedly tough technical 4400 didn't even have time to evaporate...
I don't think $4400 was resistance, resistance was the $4200 area which was formed from the $3100 bounce back in Dec 2018.
Most people had their stop-loss right above this area and when it broke it sent a wave of market buy orders so the shorts could cover. These shorts were all underwater anyways.
However I am talking about the shorts in the $5500-$5800 area that entered when we broke support in November 2018. When BTC hit $3100 they were sitting on massive profit, and unless they took profit, all those unrealized gains were evaporated pretty much.
Don't forget, anything is possible in crypto. We can speculate anything but must prepare for anything that can happen in crypto. Maybe in next month there are big news if bitcoin that can make huge increased of price. Who knows.
I do believe that crypto has no limitations, so indeed as you said mate there no impossible with crypto right now. Somehow, despite of the possibilities the unpredictability remained for so long time. Just like the long bearish trend of the market since 2018 until now, no one expected it that it will become contagious until present. Although there's more commendable news coming, but it won't guaranteed more positive results unless market has good outcome after the improvements being implemented like the bitcoin ETF approval.
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No rules and different sets of realistic when it comes to Bitcoin.
That's the thing with crypto, I kinda think it evolves and while we are trying to play catch up, our predictions become outdated. But I strongly believe, however, that a $10k benchmark may be crucial to another massive adoption cycle. It was claimed that ignorant people joined the industry at the ATH and are probably waiting to reap their profits, meanwhile, the smart monies are also watching to see if bitcoin's history will eventually be repeated.
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?
It is possible. But will most likely not happen. We should see price of $10000 by the end of the year or at least close to that price.
10 thousand dollars by the month of June - I think that this is quite real, Bitcoin is now in a phase of active growth, so in my opinion it can easily reach this level by the month of June this year. After all, we all know that Bitcoin actually grows very fast, as it already happened a week ago.
If we stay at this pace and keeping a distance below the $5000 USD then we can hit not $10,000 USD but $8000 on June, I cannot say for sure if we can make it to $10,000 by that short amount period of time because of the way bitcoin move right now, it is very unpredictable and I can just stay on the safer volume I can think that has the possibility of getting, So I consider there might be a resistance involve and $8000 USD is a near price that I can think we can settle by June.
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