I'm curious, why when the price reached $2900 and then drop again, it looks like prices are $3000 difficult to achieve in the near future, probably need at least 3 more months, after reaching $3000 the the next target is $5000.
Those round numbers are always a physiological barrier, since for some time the goals is not going to be reached and many traders will setup their bots to sell when close to that mark and then reaching that price becomes even harder, but at some point the demand is going to be there and we are going to surpass that price. 
Topic: Reaching 3000 usd after 3 weeks (Read 2295 times)
I'm curious, why when the price reached $2900 and then drop again, it looks like prices are $3000 difficult to achieve in the near future, probably need at least 3 more months, after reaching $3000 the the next target is $5000.
Bitcoin have became so unpredictable now. Here people are not able to predict the price for next day. 3 weeks is a long time. I hope bitcoin will continue to grow. Many people are showing interest in bitcoin and this may leads to reasonable appreciate in price.
Bitcoin has been unpredictable since the beginning, who could have thought that those coins with almost no value now are valued at more than 2700, I have read some old threads were people were incredibly excited when bitcoin finally reached dollar parity. Reaching $3000 is not that unachievable. In my view the price will be growing higher and higher, but right now none could make a calculated prediction that when does the price increase takes place making things better.
Well its already around $2750 after a bit of volatility the last days. I think we are only a week at most away from a new all time high.
Reaching $3000 is not that unachievable. In my view the price will be growing higher and higher, but right now none could make a calculated prediction that when does the price increase takes place making things better.
I am not expecting any big rally in the coming months,there is a scaling debate and scaling proposal and i hope there will be some uncertainty from major investors to invest during these period and i do not expect any big rally.
How about Australia embracing bitcoin in July 1. Do you think this is not enough to push the price to $3000. Like others have said, I think bitcoin will reached this price in the coming weeks or so. Segwit2x activation is slated in Aug 1. That is the date I'm most worried for, because we really don't know what impact it will bring to the ecosystem. But I think before that date we are going to touch $3000 again.
Its pretty much a good deal to sale your bitcoin guys once it reach 3k usd for 1 bitcoin, Dont waste the chance to get much money on this.
For a while I was saying that I think we'll see a peak between $4k and $5k before the market crashes, but now I'm not so sure. We still might, but I would not be surprised if it goes back to $3k like you are saying, and then reverses to a bearish trend. That would form a pretty classic double-top pattern.
The main reason for it is that now the 3k price of bitcoin has become a psychological hurdle and when ever it is nearing it their is a selling dump so if it crosses then we can see $4k very soon if not we can see the price going below $2k price also.
I am not expecting any big rally in the coming months,there is a scaling debate and scaling proposal and i hope there will be some uncertainty from major investors to invest during these period and i do not expect any big rally.
We cannot exactly make a price prediction to happen within a time frame, because it always has shown a good price increase at unexpected time. As it went close to $3000 and fallen back, sure this might happensbefore the ongoing month end or need to hold on for a little more time.
Yes, the volatility of bitcoin price will hardly allow someone to portray a picture of bitcoin price with the time periods mentioned. We all know it very well that bitcoin price is too unpredictable that we cannot say what the next moment will happen to bitcoin. This is why it is considered the most risky investment. 
It's a good deal reaching 3000 usd after 3weeks. There's no harm in expecting and be so positive towards that speculations. In every speculation? Weather it's good or bad, just absord it in a good way no matter what just be optimistic. There's no harm in there. If we reach that? Thanks but if we don't reach that amount, be thankful too.
We are definite going to see bitcoin's price at $3,000 but I don't know if it will love it's stay there. Because just like what happened, we saw the price at $2,900 but it didn't take any longer after that the price went back again. I like your attitude and you are very right there, we need to be optimistic on the speculation of bitcoins price.
Its pretty much a good deal to sale your bitcoin guys once it reach 3k usd for 1 bitcoin, Dont waste the chance to get much money on this.
What if the price of bitcoin have a good rally after reaching $3000,i did sell off my coins when it touched $1000 and i made some money because it was having difficulty to cross that valuation for a long time and when the price really broke than barrier all of a sudden i never had any coins because i was expecting it go down once again but that rally took us over $2000 and i expect that will happen here too. 
Im expecting BTC to reach 3000$ this month. I just bought myself back in. 85% bitcoin, 15% ethereum. 
Its pretty much a good deal to sale your bitcoin guys once it reach 3k usd for 1 bitcoin, Dont waste the chance to get much money on this.
This was created June 14, 2017 and we are now on June 19, 2017 so 5 days had pass and the current price is $5,564. I think that is very possible for the upcoming weeks we will see bitcoin's price rise. I'm trying to do my best now to save bitcoin like cutting my expenses to save more bitcoin as mentioned by op. 
It's a good deal reaching 3000 usd after 3weeks. There's no harm in expecting and be so positive towards that speculations. In every speculation? Weather it's good or bad, just absord it in a good way no matter what just be optimistic. There's no harm in there. If we reach that? Thanks but if we don't reach that amount, be thankful too.
I think with a lot of FUD going around, its hard to be optimistic. However, personally I still think that 3000$ could be reached. Currently the price is 2500$-2600$ so maybe its really possible to touch it. We just have to stay calm because right now the market seems to be very slow. I hope it will pick up in the next couple of days or so.
It's a good deal reaching 3000 usd after 3weeks. There's no harm in expecting and be so positive towards that speculations. In every speculation? Weather it's good or bad, just absord it in a good way no matter what just be optimistic. There's no harm in there. If we reach that? Thanks but if we don't reach that amount, be thankful too.
Its pretty much a good deal to sale your bitcoin guys once it reach 3k usd for 1 bitcoin, Dont waste the chance to get much money on this.
Yes it is a good deal but who knows the price is going to reach $3K. It may take more than two months as well; we can’t say that the price this time will drop after it cross $3000 limit. In fact we don’t even know what will be the price of bitcoin in the next couple of hours? If the price reached $3000 in the mentioned time, this will be considered a great success of bitcoin.
Its pretty much a good deal to sale your bitcoin guys once it reach 3k usd for 1 bitcoin, Dont waste the chance to get much money on this.
Yes it is a good deal but who knows the price is going to reach $3K. It may take more than two months as well; we can’t say that the price this time will drop after it cross $3000 limit. In fact we don’t even know what will be the price of bitcoin in the next couple of hours? If the price reached $3000 in the mentioned time, this will be considered a great success of bitcoin. What exchange are you guys looking at? I just saw another person claim that most of the coins were down. Bitcoin is down, but that is not the statement being made. Looking at 5 exchanges, other than Bitcoin the picture is the usually, around a 50/50 mix of up and down prices.
Hmm but I'm seeing the current price within the range of $2600-$2700 so I think bitcoin is not down. It has rebound already and we may experienced a slow phase again to get to $3000. One thing makes me worry though, is that once we peak $3000, maybe another dip will be next because that $3000 is very tempting to sell your bitcoin for profit.
What exchange are you guys looking at? I just saw another person claim that most of the coins were down. Bitcoin is down, but that is not the statement being made. Looking at 5 exchanges, other than Bitcoin the picture is the usually, around a 50/50 mix of up and down prices.
This is the problem of other people. When the price is increasing "$3,000 is achievable in just few days", when the price is decreasing "$3,000 target looks like will take time". Only using the price movement as a basis is not the real thing in speculating bitcoin price.
We have to consider those things that really gives impact on the bitcoin price and not just using the current movement as a based. There are lots of factors why price moves on large or small margin. But one thing is for sure, bitcoin will reached even more than $3,000.
We have to consider those things that really gives impact on the bitcoin price and not just using the current movement as a based. There are lots of factors why price moves on large or small margin. But one thing is for sure, bitcoin will reached even more than $3,000.
Jump to: