Can bitcoin readh 10000usd this year again? - page 4.

The Sceptical Chymist

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Quote from: cooldragon_ken on November 28, 2019, 04:09:15 AM

konws

Jesus, don't be so sloppy with your writing. It stands out more when you only write a few words in a post that has more words than the title of the thread its in.

We've only got one more month to go for 2019, and I seriously doubt bitcoin is going to be pushing $10k by the end of it. Anything is possible, of course, but there isn't any momentum in the market right now. If bitcoin had been steadily moving up and had just reached $7500 I might be more inclined to believe it could hit $10k by the end of the year, but that's not the case. It's been oscillating for a while now, not really picking a direction for long.

Next year ought to be better as far as the market finding a direction. I don't think bitcoin is going to go the whole year just flatlined--but that's another thing I wouldn't put it past bitcoin to do. I am never surprised when it does exactly what I figured it wouldn't, which is why my predictions always end up being wrong. Here's to a better year in 2020.

BitHodler

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I don't think it's realistic at this point. If we're completely honest and look at the chart, it doesn't look good. Yes, we have seen a $1k increase from $6.5k, but that after we have gone down from $10k, so it's just another bounce.

Currently I am not buying because I am waiting for lower levels to be reached and dollar cost average into the market from there. If we go up from here that's fine too because I already have enough coins to be happy with.

panganib999

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Quote from: andycarrol on November 28, 2019, 06:34:20 AM

not difficult, sometimes bitcoin can increase by several thousand usd in a short time, we still have 1 month, we see the beginning of the month in which direction the movement of bitcoin, if it breaks above $8,5k it's possible to continue to increase to 10k, but if difficult to touch above $8,5k I think 10k will be reached next year.

Indeed. Trying to reach for 10k by the end of the year seems pretty hard, with how the bears and bulls fight has been ongoing right now, and well, I can say that bears have the advantage right now. Bulls just had the chance to pull away a bit on their side but it still doesn't reveal anything positive for them. If bulls manage to push through 8.4k resistance, BTC can probably manage to make it up to 9.5k or so. That is, if the bulls can push, which, is sad to say, doesn't seem likely to do so. I'm more in the situation where BTC has stabilized and bulls and bears can do neither against each other, so BTC would stay and stand still at 7k or so.

daarul50

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Quote from: Lucius on November 28, 2019, 07:09:40 AM

That possibility exists, we have seen that the price can change even $2000 in just 24 hours. We are in a slightly positive trend right now, but still very close to sliding down to $6500 again. However, I think sales pressure will be very high in the next month, people usually sell BTC to buy holiday gifts, so we will have more selling than buying in the next 30 days.

However, there is always the possibility that some large investor will invest in BTC and thus raise the price, or that some very positive news make a big boom. It would be really great to end the year with one nice number, and $10 000 it certainly is.

I know many will ask exactly this question, everyone is wondering if short-term profits can be made, and buying for $7500 to sell for $10 000 is a very nice deal.

that is true , bitcoin market is the only one that can move insanely up to 85% overnight.

this is a free market where everyone must aware that expecting to get high return quickly is just fair but also remember this is avery high risk investment at the same time as you can lose 95% of your investment within a day.
as for now i can feel the energy of market getting bored at the level of $7000 to $8000 at tops.

i will not let my expectation fly too high until the end of this year, watch and scalping whenever there is a chance.

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for now, I'm still quite doubtful that the price of bitcoin could reach $ 10k at the end of the year. November ends soon, and sometimes at the end of the year, there will be a decline that is common. if a decline occurs, it is possible that the price of bitcoin remains at $ 7k, or at worst at the level of $ 6k. but, if the increase in the price of bitcoin starts in early November, it seems I'm not sure the price can increase to $ 2500 in December 2019.

Lucius

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That possibility exists, we have seen that the price can change even $2000 in just 24 hours. We are in a slightly positive trend right now, but still very close to sliding down to $6500 again. However, I think sales pressure will be very high in the next month, people usually sell BTC to buy holiday gifts, so we will have more selling than buying in the next 30 days.

However, there is always the possibility that some large investor will invest in BTC and thus raise the price, or that some very positive news make a big boom. It would be really great to end the year with one nice number, and $10 000 it certainly is.

I know many will ask exactly this question, everyone is wondering if short-term profits can be made, and buying for $7500 to sell for $10 000 is a very nice deal.

andycarrol

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Quote from: michellee on November 28, 2019, 05:56:38 AM

I am afraid that no one will know the right answer. Although it is possible to hit $10k this year, it seems bitcoin is hard to hit that price. We already got so many times for the price to go up and down. So maybe at the end of this year, we will still see bitcoin is less than $10k, but in the next year, we will have a big chance to see bitcoin will start to increase higher. We still have many times to see bitcoin price will move to a higher price, and it is better we enjoy the ride for now and buy more bitcoin.

not difficult, sometimes bitcoin can increase by several thousand usd in a short time, we still have 1 month, we see the beginning of the month in which direction the movement of bitcoin, if it breaks above $8,5k it's possible to continue to increase to 10k, but if difficult to touch above $8,5k I think 10k will be reached next year.

Hippocrypto

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The situation of bitcoin nowadays has no accurate expectations, and while bearish market continues to make it harder to rise I think that's too hard to reach $10k by end of this year again. Only one factor could make it rise quick is through the whales who definitely can help us reach that goals. But with normal investors who just ride on the wave, there's no significant matters that could make it reach our predictions.

michellee

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I am afraid that no one will know the right answer. Although it is possible to hit $10k this year, it seems bitcoin is hard to hit that price. We already got so many times for the price to go up and down. So maybe at the end of this year, we will still see bitcoin is less than $10k, but in the next year, we will have a big chance to see bitcoin will start to increase higher. We still have many times to see bitcoin price will move to a higher price, and it is better we enjoy the ride for now and buy more bitcoin.

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But why that question, what is the difference, world isn't changing if BTC go's this year to 10K, it would be OK but then again on a later time would be same OK as well.....

barota

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yes i think bitcoin can rise above 10000 usd . prices now about 7500 usd ; one week of small pump with holding can surge prices to over level 10000 usd . i hope trend of yesterday will continue till end of year at latest for making prices at high level again

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I doubt anyone could answer your question with 100% certainty. Volatility is one of the attributes of BTC after all. Considering the current situation though, imo, I doubt the bulls could push through 10k this year since they're pretty much having a hard time pushing through after the fall to 6.5k. The bulls managed to push through 7.5k now but that took honestly quite a few days. I'd say the bears let up a bit and are preparing to resist again after that fall back of theirs.

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anybody konws about it?

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