Topic: Bitcoin jump to 8500USD, will it hit 10k this week (Read 740 times)
Can't believe it happened after all, as it seems everyone wants to see bitcoin price 10k or higher and when we were so close to that aim, from 8.7k to 9k, which to my mind would automatically lead to further rise, instead of it, price felt and now it is 8,3k. Today's lowest price was 8k, that's very sad but still we don't know clearly what will happen, whether bitcoin will reach 10k or not is 50/50.
The question is do we really need that much speed with us. We are moving forward and that is a great thing but I honestly do not prefer it this way. We can go up quickly but that would only make things more complicated in the future, as soon as prices go up the fee's go up as well and there are a lot more money on hot wallets of exchanges which is terrible for security and all that which makes it difficult to stay that high.
However, if we can just slow this down and instead of going up 10% in a day why don't we just go up like 50 bucks a day on average for a month, that is like 1500 dollar increase which we had even more in the recent months so its not unexpected of bitcoin to rise 1500 in a month. If we gonna hit 10 thousand dollars instead of staying around the same price for 29 days and increasing in 1 day only shouldn't be the method.
At this point I only see individual goals setting in plan by these people, they don't really care about what will happen next to BTC as long as they hit the target price which in this case is 10,000$. That is why they always want to see BTC moving up they and they aren't concerned about the damage it will do as soon as it repeats its movement last December 2017. We might be all happy seeing Bitcoin back up above 8,500$ now but it would only take one dump from the whales to bring us back down. However, if we can just slow this down and instead of going up 10% in a day why don't we just go up like 50 bucks a day on average for a month, that is like 1500 dollar increase which we had even more in the recent months so its not unexpected of bitcoin to rise 1500 in a month. If we gonna hit 10 thousand dollars instead of staying around the same price for 29 days and increasing in 1 day only shouldn't be the method.
Bitcoin just jumped to 8,5k USD, with a new high compared to previous uprise, will this be the turn above 10k USD, seems to be easy for BTC this time
We hope so, but I notice these day its fluctuating persistently in between $8,000 to $8,700 its seem bitcoin await for those who hesitate to invest. And some altcoins will surge next after bitcoin totally recover. 
The question is do we really need that much speed with us. We are moving forward and that is a great thing but I honestly do not prefer it this way. We can go up quickly but that would only make things more complicated in the future, as soon as prices go up the fee's go up as well and there are a lot more money on hot wallets of exchanges which is terrible for security and all that which makes it difficult to stay that high.
However, if we can just slow this down and instead of going up 10% in a day why don't we just go up like 50 bucks a day on average for a month, that is like 1500 dollar increase which we had even more in the recent months so its not unexpected of bitcoin to rise 1500 in a month. If we gonna hit 10 thousand dollars instead of staying around the same price for 29 days and increasing in 1 day only shouldn't be the method.
However, if we can just slow this down and instead of going up 10% in a day why don't we just go up like 50 bucks a day on average for a month, that is like 1500 dollar increase which we had even more in the recent months so its not unexpected of bitcoin to rise 1500 in a month. If we gonna hit 10 thousand dollars instead of staying around the same price for 29 days and increasing in 1 day only shouldn't be the method.
I'm agree with you. Fast speed of growing will not be good for bitcoin, holders will just go crazy.
Better would be if price climb slowly but straight up. Just like it was in 2017 year.
The question is do we really need that much speed with us. We are moving forward and that is a great thing but I honestly do not prefer it this way. We can go up quickly but that would only make things more complicated in the future, as soon as prices go up the fee's go up as well and there are a lot more money on hot wallets of exchanges which is terrible for security and all that which makes it difficult to stay that high.
However, if we can just slow this down and instead of going up 10% in a day why don't we just go up like 50 bucks a day on average for a month, that is like 1500 dollar increase which we had even more in the recent months so its not unexpected of bitcoin to rise 1500 in a month. If we gonna hit 10 thousand dollars instead of staying around the same price for 29 days and increasing in 1 day only shouldn't be the method.
However, if we can just slow this down and instead of going up 10% in a day why don't we just go up like 50 bucks a day on average for a month, that is like 1500 dollar increase which we had even more in the recent months so its not unexpected of bitcoin to rise 1500 in a month. If we gonna hit 10 thousand dollars instead of staying around the same price for 29 days and increasing in 1 day only shouldn't be the method.
Bitcoin just jumped to 8,5k USD, with a new high compared to previous uprise, will this be the turn above 10k USD, seems to be easy for BTC this time
Definitely bitcoin hit more, but not in this week, you are too hurry about bitcoin price, bitcoin come in $8739 after a year, and within week bitcoin come at $10000, so it is impossible. But it is possible that in this year bitcoin will be come at $10000 or may be more.
10k is not too far from the current bitcoin price so to reach the price of 10k is not difficult for bitcoin, especially with the current situation but, if it has to happen this week I am not too sure bitcoin can achieve that.
the price increase that occurred a few days ago was indeed very good. however, I think for this week, the price of bitcoin will remain stable at $ 8600, or around it. although the potential is large, I think it will happen in June.
10k is not too far from the current bitcoin price so to reach the price of 10k is not difficult for bitcoin, especially with the current situation but, if it has to happen this week I am not too sure bitcoin can achieve that.
the price increase that occurred a few days ago was indeed very good. however, I think for this week, the price of bitcoin will remain stable at $ 8600, or around it. although the potential is large, I think it will happen in June.
10k is not too far from the current bitcoin price so to reach the price of 10k is not difficult for bitcoin, especially with the current situation but, if it has to happen this week I am not too sure bitcoin can achieve that.
I doubt that also, all I am waiting for this week is a little bit of correction from this last big pump, following the way bitcoin has been gaining its value, there has always been correction prior to another bigger increase from the previous one. I am seeing bitcoin get corrected to $8200 and stabilize on that for a while and maybe for the next 2 weeks before having further momentum to continue surging.I don’t know if whales are the ones playing it this way, but it seems this has been the pattern for the past 1 month now that bitcoin left the bear market. So I might just have to wait for the correction to buy more of the coin.
Probably not, $10k maybe easy to reach for btc since it's near but the movement isn't like the one you're expecting. I guess once we broke $9k barrier it will continue to $10k then back down again and will test the resistance in $9k. As of now, we are on $8k resistance and may take few days or weeks before it makes a move again.
The 7 day and monthly chart are looking positive but i also think it wont happen. Couple of weeks is likely do if we keep climbing in the chart. I am eager to see it climb over $15,000 as it picks up a whole bunch of noobs along the way. The I hope it passes the ATH once and drops back down to about $8000. Its so pleasant to see the noobs left holding the bags as they did at the end of 2017.
You're an idiot, very few noobs bought at $17k and mostly it was hodlers without realized gains that got left holding the bag.
I am eager to see it climb over $15,000 as it picks up a whole bunch of noobs along the way. The I hope it passes the ATH once and drops back down to about $8000. Its so pleasant to see the noobs left holding the bags as they did at the end of 2017.
There is nothing to be surprised about this. We were expecting to hit $8,500 anyways. It is a little bit too early to say that we will jump to $10,000 USD within this weekend. Though reaching $9,000 within this week does seem to totally plausible. Let's just wait and see what happens. The recent price rise seems quite interesting. Who knows, we may even hit a new all time high this year 
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. This is serious. Just checked now after seeing this thread. Price is now at $8,616 after trading at $7,9.. today. The volatility of bitcoin always shows when price going high. I think it might break even at 10,000 soon.
Three days have passed. Now the price of bitcoin, according to CoinMarketCap is 8,678 dollars. The rise is not very big, almost minimal. Therefore, in the coming weeks, Bitcoin will not be able to rise in price to $ 10,000. We see that this year it is not growing so fast and these are the consequences of the recent longest period of the bear market. Apparently, this growth rate will continue. Probably not, $10k maybe easy to reach for btc since it's near but the movement isn't like the one you're expecting. I guess once we broke $9k barrier it will continue to $10k then back down again and will test the resistance in $9k. As of now, we are on $8k resistance and may take few days or weeks before it makes a move again.
What 8k resistance? We broke that days ago, are you talking about support? We haven't even come close to test the 8k level after we broke it, we tested 8.5k because the RSI on the hourly was oversold. 9k resistance is simply a psychological one, it's not a real resistance, we don't have many real resistances after this point since the last time the prices were at these levels was more than a year ago.
Probably not, $10k maybe easy to reach for btc since it's near but the movement isn't like the one you're expecting. I guess once we broke $9k barrier it will continue to $10k then back down again and will test the resistance in $9k. As of now, we are on $8k resistance and may take few days or weeks before it makes a move again.
The 7 day and monthly chart are looking positive but i also think it wont happen. Couple of weeks is likely do if we keep climbing in the chart.
Probably not, $10k maybe easy to reach for btc since it's near but the movement isn't like the one you're expecting. I guess once we broke $9k barrier it will continue to $10k then back down again and will test the resistance in $9k. As of now, we are on $8k resistance and may take few days or weeks before it makes a move again.
The market of bitcoin seems to be stabilizing around the $8500 range, now once again it has crossed $8700. I believe we'll experience similar range of minor price fluctuations for a week and further it'll break the $9000 barrier which is the starting point for the next big growth reaching $10000 at the earliest. Even if it happens to reach before the weekend there is nothing wrong it is due to the increased investment taking place with bitcoin.
10k is not too far from the current bitcoin price so to reach the price of 10k is not difficult for bitcoin, especially with the current situation but, if it has to happen this week I am not too sure bitcoin can achieve that.
the price increase that occurred a few days ago was indeed very good. however, I think for this week, the price of bitcoin will remain stable at $ 8600, or around it. although the potential is large, I think it will happen in June. 
10k is not too far from the current bitcoin price so to reach the price of 10k is not difficult for bitcoin, especially with the current situation but, if it has to happen this week I am not too sure bitcoin can achieve that.
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