Is it possible for BTC to cross 10K$

Ronyx

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Quote from: mwaqar17 on August 03, 2018, 03:24:58 PM

From the month of march btc is going down gradually, last month it was 6K$ and now after touching 8K$, it have moved to 7300$ again. Do you think it would be possible for BTC to cross 10K$ in the month of august?
Investment is decreased from 140B$ to 127B$ in very short time, that is a very bad sign

I still doubt that in August Bitcoin can cross $ 10,000. The market is still not stable and for the price of $ 10,000 I think it will happen in September.

DMCR lah

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in my opinion, in August the price of bitcoin will range between $ 7,000 - $ 8500 or the worst possibility is that the price of bitcoin will drop to the price of $ 6000.

Hamstead

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Quote from: mwaqar17 on August 03, 2018, 03:24:58 PM

From the month of march btc is going down gradually, last month it was 6K$ and now after touching 8K$, it have moved to 7300$ again. Do you think it would be possible for BTC to cross 10K$ in the month of august?
Investment is decreased from 140B$ to 127B$ in very short time, that is a very bad sign

Of course there is, the ball still rolling and could have a huge possibility that it will be in favor to us again. We've been all amazed of what have been done with btc last year but ain't seen that actions this year. Though we knew how market struggling to fight against critics and FUDs, but couldn't lift our worries also.

irsada

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a lot of speculation occurred in bitcoin in July yesterday with the increase of bitcoin at 6 K $ to 8 k $.
and now this August the price is around 7 k $.
What is clear, do not expect too much of a jump too fast, because what I understand now is that the value of bitcoin is rapidly rising so fast it also experiences a decline, it will be fast too.

gabmen

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Quote from: Herbert2020 on August 06, 2018, 12:47:29 AM

Quote from: aso118 on August 05, 2018, 03:53:28 PM

Quote from: Febo on August 05, 2018, 10:40:55 AM

Quote from: mwaqar17 on August 03, 2018, 03:24:58 PM

From the month of march btc is going down gradually, last month it was 6K$ and now after touching 8K$, it have moved to 7300$ again. Do you think it would be possible for BTC to cross 10K$ in the month of august?
Investment is decreased from 140B$ to 127B$ in very short time, that is a very bad sign

No. August will be super bad month for Bitcoin. I dont belive we will see much of + $10000 Bitcoin price until end of the year.

Whether August is a good month or not, people must realize the importance of patience. If the price crossed $10,000, it will represent a gain of more than 50% from current levels. Investors in no other asset class dream of such returns. It is best if Bitcoin investors also temper their expectations and don't expect too much too fast.

you do have point here about the gains and investors should have more realistic expectations but also lets not start comparing bitcoin with other assets because there is nothing like bitcoin. 50% for bitcoin is one of the most common gains. when you want to compare, you should only compare bitcoin to itself not something else because it has nothing in common with others.

Well it's not a question of "if" But "when". 10k i think is possible for this year if we're going to have a strong finish but next year would likely see us cross that point and beyond. I'm not too optimistic this year since majority has been for the bears but 10k isn't that far from where we are right now.

arthotdog

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Quote from: mwaqar17 on August 03, 2018, 03:24:58 PM

From the month of march btc is going down gradually, last month it was 6K$ and now after touching 8K$, it have moved to 7300$ again. Do you think it would be possible for BTC to cross 10K$ in the month of august?
Investment is decreased from 140B$ to 127B$ in very short time, that is a very bad sign

This is tje highest price bitcoin cam make this 2018 before new year its been harder for bitcoin to get even $9,000 so what more $10,000

If the trend continues this way i am afraid we can cross this price,hope the ETF will make difference now as many are awaiting tje acceptance of this in the forum

Herbert2020

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Quote from: aso118 on August 05, 2018, 03:53:28 PM

Quote from: Febo on August 05, 2018, 10:40:55 AM

Quote from: mwaqar17 on August 03, 2018, 03:24:58 PM

From the month of march btc is going down gradually, last month it was 6K$ and now after touching 8K$, it have moved to 7300$ again. Do you think it would be possible for BTC to cross 10K$ in the month of august?
Investment is decreased from 140B$ to 127B$ in very short time, that is a very bad sign

No. August will be super bad month for Bitcoin. I dont belive we will see much of + $10000 Bitcoin price until end of the year.

Whether August is a good month or not, people must realize the importance of patience. If the price crossed $10,000, it will represent a gain of more than 50% from current levels. Investors in no other asset class dream of such returns. It is best if Bitcoin investors also temper their expectations and don't expect too much too fast.

you do have point here about the gains and investors should have more realistic expectations but also lets not start comparing bitcoin with other assets because there is nothing like bitcoin. 50% for bitcoin is one of the most common gains. when you want to compare, you should only compare bitcoin to itself not something else because it has nothing in common with others.

lablab03

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Of course why not? as long there's more people still making profits and gaining huge profits on it btc still have a possibility always to accross in any value. But it takes time so we should put more patience on it and always control the emotions to become successful no matter what happen.

batang_bitcoin

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The market cap decreases and this is why bitcoin has been so unstable all of the time. It takes time for bitcoin to cross $10,000 again.

But if you are rushing to see it badly, you can't do anything but to be patient and wait until it goes back there. Don't tell it that's a bad sign because comparing it a year ago bitcoin is still in good shape.

oegarod

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By now the price could have crossed the $10000 barrier, but due to the hard regulations on usage as well upon the etf speculations around has made it go low when it was slowly progressing towards $10000 from $8200. Possibly soon we can expect the price of bitcoin to grow in a stable manner and reach $10000.

karanggatak

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This is very possible but not for this year, many people predict that bitcoin will be a bull run starting in the middle of this year but it turns out the market is still showing bearishness, everyone is starting to get confused seeing the current market and think next year maybe bitcoin is back in green like 2017

mostkey

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Yes, that is what most people expect that August's trust is very good to improve last month, opportunities are still wide open in the next few weeks, of course this is just a price prediction that is often discussed every day, lasting for the long term so it will be very good for you personally, maybe in the next few years the price will be extraordinary than ATH, maybe, be patient and enjoy a year trip that isn't too good for cryptocurrency, if you imagine like the end of last year then this is very different from before.

magneto

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Quote from: mwaqar17 on August 03, 2018, 03:24:58 PM

From the month of march btc is going down gradually, last month it was 6K$ and now after touching 8K$, it have moved to 7300$ again. Do you think it would be possible for BTC to cross 10K$ in the month of august?
Investment is decreased from 140B$ to 127B$ in very short time, that is a very bad sign

Just because market cap or price decreases doesn't mean that it's necessarily a bad sign for the future, or that prices are going to continue to dip. That logic doesn't work.

Having that said, however, I do think that prices are going to see further sideways movement if not further dips below the $7k level to test the support at $6k. There are virtually no bullish sentiment in the market at the moment, and a trend reversal in the short term is very unlikely.

To address your question, I'd say that $10k is probably out of the picture right now. Not only is there no bullish momentum as I mentioned, there is also a huge resistance at both the $8k and $10k level as previous rallies have demonstrated. Unless there is some major positive news like an ETF being approved which is very unlikely, then the chances of $10k being breached out of the blue is minimal.

BitHodler

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Quote from: aso118 on August 05, 2018, 03:53:28 PM

Whether August is a good month or not, people must realize the importance of patience. If the price crossed $10,000, it will represent a gain of more than 50% from current levels. Investors in no other asset class dream of such returns. It is best if Bitcoin investors also temper their expectations and don't expect too much too fast.

I like your down to earth way of looking at things. People quite often forget that we're dealing with different traders and investors nowadays, which all secure their profits on time.

Seriously, where in the world do you even get 10% returns per year? People here have been spoiled with how the price has gone up last year ~ if the price isn't at least doubling it's somehow not worthy enough for them.

All these crazy high expectations only lead to disappointment, which is exactly why the sentiment everywhere is rock bottom right now. If there wasn't an ETF to hope for, the price would sink hard.

aso118

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Quote from: Febo on August 05, 2018, 10:40:55 AM

Quote from: mwaqar17 on August 03, 2018, 03:24:58 PM

From the month of march btc is going down gradually, last month it was 6K$ and now after touching 8K$, it have moved to 7300$ again. Do you think it would be possible for BTC to cross 10K$ in the month of august?
Investment is decreased from 140B$ to 127B$ in very short time, that is a very bad sign

No. August will be super bad month for Bitcoin. I dont belive we will see much of + $10000 Bitcoin price until end of the year.

Whether August is a good month or not, people must realize the importance of patience. If the price crossed $10,000, it will represent a gain of more than 50% from current levels. Investors in no other asset class dream of such returns. It is best if Bitcoin investors also temper their expectations and don't expect too much too fast.

XinXan

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I don't know. However it doesn't look very likely now, bitcoin lost pretty much all strength. I do think that eventually we will bounce hard just based on technical aspects, without the need of positive news. This downtrend is obviously losing fuel, the weekly lower lows, aren't that pronounced so the downtrend triangle will eventually break upwards.

khaled0111

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It is possible and expected. All experts think that bitcoin will touch 50k and more.
Don't be afraid and have faith in cryptocurrencies. It is a growing market and everything is possible.
Don't get fuled by the drops of prices.

YuginKadoya

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Quote from: Rozita on August 05, 2018, 12:59:48 PM

Bitcoin price was less than a dollar a day. At the beginning of 2017 the price was about 1000 dollar? Who did expect the price to reach 20000 dollar?
After the price reached 20000 dollar, there were many people waiting for 100000 dollar. What happened? The price dropped to 6000 dollar. Now the price is 7000 dollar.

So everything is possible. 100 dollar, 10000 dollar and 100000 dollar all are possible.

Everything really is possible with bitcoin it can still get to $10,000 USD this year but not in a one month interval or so, Yes there is possibility but we can not take down the fact that it still can be the opposite around, And about the thing you are saying at the beginning of 2017 the price was $1000 USD then on the almost end of the year the price significantly increase but it didn't reach the $20,000 mark but it is just at the $18,000 USD value, Still it almost reach the $20,000 USD but still it just fall from that spot without further a due, I really think at can happen again but no one knows when.

Rozita

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Bitcoin price was less than a dollar a day. At the beginning of 2017 the price was about 1000 dollar? Who did expect the price to reach 20000 dollar?
After the price reached 20000 dollar, there were many people waiting for 100000 dollar. What happened? The price dropped to 6000 dollar. Now the price is 7000 dollar.

So everything is possible. 100 dollar, 10000 dollar and 100000 dollar all are possible.

okala

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Quote from: mwaqar17 on August 03, 2018, 03:24:58 PM

From the month of march btc is going down gradually, last month it was 6K$ and now after touching 8K$, it have moved to 7300$ again. Do you think it would be possible for BTC to cross 10K$ in the month of august?
Investment is decreased from 140B$ to 127B$ in very short time, that is a very bad sign

It is very possible for bitcoin to cross $10,000 and even moving above. Bitcoin has come out of many bearish trend like this and make a very good bullish trend and I think this year is not exemption. The people dumping will regret in future about what they are doing.

Eleven86

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Yes it has more possible for BTC to cross 10k$. Now the price of bitcoin is very low again, so use this chance to buy more bitcoin now and hold it for future. The growth is not high it will increase little by little and at last it will increase 10k$ by the end of this year. But the chance is very low to achieve this 10k$ according to current situation. May be it will go beyond that also. We cannot predict the market. Lets wait and see what happens.

crairezx20

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Quote from: Febo on August 05, 2018, 10:40:55 AM

Quote from: mwaqar17 on August 03, 2018, 03:24:58 PM

From the month of march btc is going down gradually, last month it was 6K$ and now after touching 8K$, it have moved to 7300$ again. Do you think it would be possible for BTC to cross 10K$ in the month of august?
Investment is decreased from 140B$ to 127B$ in very short time, that is a very bad sign

No. August will be super bad month for Bitcoin. I dont belive we will see much of + $10000 Bitcoin price until end of the year.

Since bitcoin is unpredictable we don't know what will be the price of bitcoin before end of August but there are sometimes that bitcoin increase because of a great news or there are some big investors invest a huge amount to buy bitcoins that can push the price a lot higher.

What I clearly see about the price of bitcoin this month I think the possible price can reach is around $7500 based on my own speculation $10k is impossible to happen this month but this coming November and December I think we will witness that the price will touch to $10k or might be the price will cross above $10k.

profitgenerator212

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There are not many opportunities for bitcoin to come up from now until the end of the year. The only hope for investors so bitcoin can go up there is ETF. But it seems to have been rejected. So from now until the end of the year. Bitcoin prices will range between 6,000$ and 8,000$

Febo

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Quote from: mwaqar17 on August 03, 2018, 03:24:58 PM

From the month of march btc is going down gradually, last month it was 6K$ and now after touching 8K$, it have moved to 7300$ again. Do you think it would be possible for BTC to cross 10K$ in the month of august?
Investment is decreased from 140B$ to 127B$ in very short time, that is a very bad sign

No. August will be super bad month for Bitcoin. I dont belive we will see much of + $10000 Bitcoin price until end of the year.

1Referee

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Quote from: ajqjjj on August 05, 2018, 03:21:50 AM

The current dump unexpectedly happen in market so again it will going to peak soon. This is the right time to invest on Bitcoin and altcoin because all the coins are down in market so we should buy know this will make huge profit on future and lot of investors are panic to invest in crypto platform but who believe the Bitcoin they are all earn huge profit.

It's always a tricky situation to buy the dip, especially because of how the mainstream media likes to hype things up.

CNBC nearly two days ago pointed out that the NYSE & Starbucks development would push the price higher and that it was a good moment to buy the dip, which was around $7400 that day. Today we see how much of a good moment that dip was with how we have fallen below the $7000 level and we might go even lower.

CNBC has been the perfect counter indicator on so many levels, that it's almost surreal. The price has always gone up when they were bearish, and gone back down when they started to get bullish. Classic example of how they don't know anything about this market and how good news has zero effect during a bear market.

Only buy if you are planning to hold for the long term. If you are betting on short term gains then stay away.

Protonem

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Still any chances, but it needs trigger that can boost up demand on the market. Currently, market was going to negative trend because of rejection ETF, based on past experiences Bitcoin always getting hard to bounce back while investor has been out from the market.
So my prediction BTC can cross 10k$ in November this year.

ajqjjj

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The current dump unexpectedly happen in market so again it will going to peak soon. This is the right time to invest on Bitcoin and altcoin because all the coins are down in market so we should buy know this will make huge profit on future and lot of investors are panic to invest in crypto platform but who believe the Bitcoin they are all earn huge profit.

andohyeb

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Bitcoin getting to 10,000 USD is possible to achieve by the end of 2018 but trading above 10,000 within this year is something I think is not possible. Looking at the numerous uncertainty surrounding bitcoins now and the bearish nature of the market, it won't be easy for bitcoins to cross 10k$ now.

BlackPanda

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Quote from: mwaqar17 on August 03, 2018, 03:24:58 PM

From the month of march btc is going down gradually, last month it was 6K$ and now after touching 8K$, it have moved to 7300$ again. Do you think it would be possible for BTC to cross 10K$ in the month of august?
Investment is decreased from 140B$ to 127B$ in very short time, that is a very bad sign

This is very possible because Bitcoin has grown to this day. Although the price of Bitcoin had experienced a decline, at the moment I think that the price of bitcoin is already at a fairly stable rate. The price of bitcoin is very possible to again experience an increase again, it is all based on the growing number of Bitcoin users and more abandoned currencies. This must be maintained and if it can last for some time then I am very confident that the Bitcoin Price can reach a much higher value than $ 10k. This is not an impossible thing because Bitcoin will always show the magic of depth at all times.

Herbert2020

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Quote from: wuvdoll on August 04, 2018, 11:38:38 PM

I think the moment we get rid of these whales trying to play with bitcoin like its toy for them and make loads of profits, we will get back to initial original sentiment for bitcoin and at that moment bitcoin and bitcoiners will remember why it was created to begin with and we will be alright.

i think this is the biggest problem that we are facing these days. the manipulation at critical times. someone doesn't want the price to rise and they are doing all they can to keep it down.
i don't think we can get rid of whales ever, they are making a lot of money and will continue getting bigger only. the only way to fight them is to create a bigger market so that their size compared to the whole market don't matter anymore.

wuvdoll

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Quote from: mwaqar17 on August 03, 2018, 03:24:58 PM

From the month of march btc is going down gradually, last month it was 6K$ and now after touching 8K$, it have moved to 7300$ again. Do you think it would be possible for BTC to cross 10K$ in the month of august?
Investment is decreased from 140B$ to 127B$ in very short time, that is a very bad sign

I find the question a bit silly. Like tomorrow ? Probably not. In general ?
I would be shocked if bitcoin didn't passed $20k let alone $10k. I believe it will be $100k one day for sure, just don't know when, maybe in a year, maybe a decade.

It looks like we are having a bad year and we have been through some rough patches however I know bitcoin is still strong and valuable and I think the moment we get rid of these whales trying to play with bitcoin like its toy for them and make loads of profits, we will get back to initial original sentiment for bitcoin and at that moment bitcoin and bitcoiners will remember why it was created to begin with and we will be alright.

LFC_Bitcoin

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$10,000 by the end of August? Hopefully but I wouldn’t bet on it. Possibly unlikely but we have to start a new upwards trajectory at some point so who knows. The trend always changes eventually, these things go in cycles.

Frances_McGlothlin

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Quote from: cryptoaddictchie on August 03, 2018, 11:40:18 PM

Quote from: mwaqar17 on August 03, 2018, 03:24:58 PM

From the month of march btc is going down gradually, last month it was 6K$ and now after touching 8K$, it have moved to 7300$ again. Do you think it would be possible for BTC to cross 10K$ in the month of august?
Investment is decreased from 140B$ to 127B$ in very short time, that is a very bad sign

Keep your hand tight cause when it reaches 10k$ it will really be fast to go back to ATH. Investors are now accumulating the dips from this situation and what do you think they will do? ofcourse they will hodl it and if the market noticed supply of bitcoin is decreasing this will make a huge price of bitcoin. I wonder until when it will happen. But the new news spreading about the biggest stock exchange entering the scene will also add up to possible pump. More good news are expecting to come on the following weeks.

Yeah I wouldn't expect it to linger around the 10k level for very long. There's probably more people waiting to cash out at that level and it'll bounce back down as soon as it gets up there. But there would probably be a second run at it and perhaps it'll stay above it for a while.

It's still trying to find a reasonable price range after that shooting up so high last year, so I wouldn't be too worried if it bounces around a bit. Money will continue to flow in and out of it. Because the market sentiment is overall quite positive, I wouldn't be worried about any short term dips.

btcyoda

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See for everything we have to wait patiently because we don't know how long it will take but surely Bitcoin has the ability to increase it's price more than 10000$. See in trading sometime to reach higher value it will take but at the same time as a trader, we have to move along with the market.

cryptoaddictchie

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Quote from: mwaqar17 on August 03, 2018, 03:24:58 PM

From the month of march btc is going down gradually, last month it was 6K$ and now after touching 8K$, it have moved to 7300$ again. Do you think it would be possible for BTC to cross 10K$ in the month of august?
Investment is decreased from 140B$ to 127B$ in very short time, that is a very bad sign

Keep your hand tight cause when it reaches 10k$ it will really be fast to go back to ATH. Investors are now accumulating the dips from this situation and what do you think they will do? ofcourse they will hodl it and if the market noticed supply of bitcoin is decreasing this will make a huge price of bitcoin. I wonder until when it will happen. But the new news spreading about the biggest stock exchange entering the scene will also add up to possible pump. More good news are expecting to come on the following weeks.

wildflower18

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It is very possible for btc can cross to $10k. Although the situation in the market was long to reach the price I still believe their is good movement occur in bitcoin. So hopefully in the coming months price could cross to $10k.

Shinpako09

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Of course it is possoble. I'm optimistic that we can see $10k again in the following months. Others saying even without ETF we're going to have a rise and cross $10k. Hope that was true and not the opposite thing will happen.

bitcoin31

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Really possible to up again to 10k dollars for this month just relax and need cooperation to see the price like that.
Don't worry about the price if it's down to 7300 dollars because it will up again to 8k dollars this day or next few days.

Slow death

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Quote from: mwaqar17 on August 03, 2018, 03:24:58 PM

From the month of march btc is going down gradually, last month it was 6K$ and now after touching 8K$, it have moved to 7300$ again.

have been very agitated months and with enormous losses

Quote from: mwaqar17 on August 03, 2018, 03:24:58 PM

Do you think it would be possible for BTC to cross 10K$ in the month of august?

it will be possible only if ETF is approved

Quote from: mwaqar17 on August 03, 2018, 03:24:58 PM

Investment is decreased from 140B$ to 127B$ in very short time, that is a very bad sign

if we take into consideration that many people are selling their Alts to buy bitcoin because of a possible ETF approval, then these127B$ can be considered a lot. It seems to me that fresh money is not coming into the crypto world.

elloco4ever

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Quote from: qazgroup on August 03, 2018, 03:32:14 PM

I know every red day is depressive but personally im positive that market will soon become bullish ideally it should break 12k mark in the month of august to become bullish, lets see what comes next.

Yes it's like brightness after dark and we are still going to correction phase before the start of bull market, just need to wait till the end of this month to see the value of bitcoin pumping up and up. I hope bitcoin cross the mark which it achieved last year.

ralle14

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It's possible but i'm not expecting the price to rise that high during this month because it's been several months since the last time we saw the price cross $10k. My prediction for this month is that the price would gradually go up to $8k or stay within the $7k floor. The next movement is going to depend on the SEC's Bitcoin ETF decision for the remaining proposals.

Joygalzz1

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I think it will still cross $10k mark but then it will be a gradual process. Any sudden pump is not a good indication for the market. Unnecessary speculations here and there too is a factor, I prefer it grows gradually at its own pace so the price can be sustainable in the long run. We will sure get to $10k, slow and steady is the rule.

boyptc

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The falling started mid of January.

Quote from: mwaqar17 on August 03, 2018, 03:24:58 PM

Do you think it would be possible for BTC to cross 10K$ in the month of august?

Yes, but I don't want to see a rapid increase. I'd like to see it back there gradually too.

Quote from: mwaqar17 on August 03, 2018, 03:24:58 PM

Investment is decreased from 140B$ to 127B$ in very short time, that is a very bad sign

About the market cap? this is the sign that many sold but this isn't a bad sign.

qazgroup

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I know every red day is depressive but personally im positive that market will soon become bullish ideally it should break 12k mark in the month of august to become bullish, lets see what comes next.

mwaqar17

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From the month of march btc is going down gradually, last month it was 6K$ and now after touching 8K$, it have moved to 7300$ again. Do you think it would be possible for BTC to cross 10K$ in the month of august?
Investment is decreased from 140B$ to 127B$ in very short time, that is a very bad sign

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