Topic: Bitcoin price Will be 11,500 by June 2019! - page 3. (Read 11020 times)
It's not that i'm not optimistic but I guess that price will be seen in 3rd quarter. Considering there are some back down and resistance. The achievable this June is $9k or $10k not unless the price will pump up fast again but would result into falling fast again. I'd rather take this one slowly like the one price doing right now.
..there is no way it will not cross $11,500.
The point is, reaching $11,000+ mark is really achievable and making sense to believe that it will happen but for predicting also the specific month, it might just create a fake expectation.
No matter how the professional analysis was made, providing it has lots of backed up ideas and explanation, it can't be served as a reference to predict a certain price in an exact month. Maybe the appropriate term can be used here is "3rd quarter, 4th quarter of the year", etc.
Now bitcoin is growing rapidly, this is the most successful month for the first cryptocurrency in the last year and a half. But after such a rapid growth, bitcoin can survive a strong rollback. It is therefore unknown whether the price will be $11500 in June or not, bitcoin has become very unpredictable recently.
I don't think that bitcoin has become unpredictable because some of the predictions we make here has come to past and I did not see why bitcoin is been looked at as " unpredictable recently". When in March the signal for the current bullish trend was trigger we said it here and op has give reasons why bitcoin is going to grow to $11,500. I do believe that bitcoin has a great momentum at the moment and if it can capitalize on those momentum there is no way it will not cross $11,500.
Now bitcoin is growing rapidly, this is the most successful month for the first cryptocurrency in the last year and a half. But after such a rapid growth, bitcoin can survive a strong rollback. It is therefore unknown whether the price will be $11500 in June or not, bitcoin has become very unpredictable recently.
On the time when people loose their hope sells and buys stop and the price begin to growth.
I do not believe to this prediction at all. Too short period of time to it happen and lots of coins are going to be sold when bitcoin climb to 10000$. People are too impatient.
Easy call, and with the recent run-ups made by the market in the past 2 days, it's possible breaching $9000 within the next week and march towards $10000 mark. $11500 is a bit daring target IMO and $10000-$10500 is somewhat the most conservative bet one could have if we take a look at the current market conditions.
True that. There are really some tough guys on resistance levels causing the actual price to fall short of the actual projected target.
Price often falls short of the actual resistance level by a little bit. Sort of like when BTC topped out at $9,950 last year, just shy of the $10K psychological level.
True that. There are really some tough guys on resistance levels causing the actual price to fall short of the actual projected target.
Why specifically 11500 ? I checked the resistance levels at 11.5k wasn't one of them, we have some around there but not exactly there.
I think the 11.5k+ is a good mark but exact price is weird, if you said "over 11.5k" I would have agreed.
I think the 11.5k+ is a good mark but exact price is weird, if you said "over 11.5k" I would have agreed.
It's just an approximation. It's in the area of the monthly pivots from Feb-Mar 2018. Price often falls short of the actual resistance level by a little bit. Sort of like when BTC topped out at $9,950 last year, just shy of the $10K psychological level.
That's why some people are predicting targets like mid-$9,000s instead of the actual monthly pivot ~ $9,950. As far as profit-taking levels go, it's a safer bet.
The forum is full of predictions like it's dozens of garbage. I do not respect these predictions on my own behalf.
Indeed. We see one day of a green market and everyone starts writing his prediction.
And on top of that, there are not any clarifications for giving those predictions. It is just assumptions that happen due to the fact that the market is green.
Why specifically 11500 ? I checked the resistance levels at 11.5k wasn't one of them, we have some around there but not exactly there. I think by june if we continue with this bull run we will definitely be above 12 thousand dollars, I am not sure how long this bull run will continue but it gets easier and easier each time. The hardest resistance to break was 4200 and we are already way above that (100% on that) so it is going to be super easy for us to break 12 thousand dollars.
We are on the verge of breaking 9 thousand dollars right now and I believe this week we may break that as well, after the weekend is over another bull run will happen and that may get us to promised land. I think the 11.5k+ is a good mark but exact price is weird, if you said "over 11.5k" I would have agreed.
We are on the verge of breaking 9 thousand dollars right now and I believe this week we may break that as well, after the weekend is over another bull run will happen and that may get us to promised land. I think the 11.5k+ is a good mark but exact price is weird, if you said "over 11.5k" I would have agreed.
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I see a lot of prediction about Bitcoin price well we cannot deny that we already on Bull run situation and I respect OP prediction since everything can be happen in cryptoworld even this prediction can be reach in short period of time but personally its really hard to break the $10k level like what happen to 2018 situation the price continue to fall but if this level break we will see a new all time high take note that 2020 halving will come sooner most people assume a huge increase by Bitcoin when halving comes.
the increase in bitcoin prices at this time certainly gave birth to so much new speculation. even people have begun to speculate that the price of bitcoin will be more than $ 10000. well, I also hope that, I hope this year is really very good for crypto development.
I think unlike 2017, this time the $10K milestone will be pretty difficult to break-thru. Remember that back in May 2018 it never actually broke thru $10K, it came very close and everybody assumed it would break $10K and head to a new ATH but it stalled right before and headed lower.
So people are prepared this time and most likely they will be selling off somewhere in the $9800-$9950 area just to be sure they can get their orders filled incase it ends up stalling at the same area last year.
So people are prepared this time and most likely they will be selling off somewhere in the $9800-$9950 area just to be sure they can get their orders filled incase it ends up stalling at the same area last year.
Rather I will say Bitcoin will cross this figure in the near future if you analyze the flow of green candles in the Bitcoin market then you will realize that the crypto bulls are back and now to stay for long.
I think there are several prerequisites for the growth of Bitcoin. More and more e-commerce sellers are ready to integrate cryptocurrency into their payment systems, and even there have already been cases when people bought goods and paid for Bitcoins. In addition, there have recently been favorable news for cryptocurrency from several states. In general, this should increase demand.
After Amazon, Microsoft, Samsung, Ebay, JP Morgan and other companies announced work on the blockchain projects, I think many even became interested in cryptocurrency, who had never tried investments before. And bitcoin is the most purchased currency. This led to growth.
Ant threads is like this it's all predictions about what will be the price of bitcoin. But as we all know that theirs no one can really predict the next highest price of bitcoin so much better that we look the market so we see in our own eyes what will be next happen. Many of us are wants bitcoin to move up but they not think that fees will be higher too.
I think there are several prerequisites for the growth of Bitcoin. More and more e-commerce sellers are ready to integrate cryptocurrency into their payment systems, and even there have already been cases when people bought goods and paid for Bitcoins. In addition, there have recently been favorable news for cryptocurrency from several states. In general, this should increase demand.
every time i start thinking price has stabilized the next day there is a price rise to a new short term high level which is indicating the very strong momentum that has shaped up in the market that can not be slowed down anymore. but i still remain skeptical about breaking $10k resistance and going above that market to set a new high at $11.5k because i believe that this resistance is going to prove to be stronger than you think which means it will take a lot longer to break.
Bitcoins price is unpredictable,yes we all know that one day bitcoin will surge up again and pump up in price maybe double from now but to be real your prediction on June 2019 is just few days away and we cant see bitcoin crossover $9k mark tho its close as of this moment we cant make sure that this price will be stable or if there will be any huge support to help bitcoin remain at $9k and then jump to $10k to $11k.If this price will be stable and strong at $9k then we can see it maybe at $11k maybe on July not so early this month.If bitcoin would remain strong at $9k the whole month duration of June then surely we can hit $10k but not $11k or $12k
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