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Topic: see 11K soon ? - page 4. (Read 740 times)

member
Activity: 546
Merit: 17
March 02, 2018, 05:42:04 AM
#48
all this is just a prediction, at all events on the price, it has already been his way. but, everyone does not expect prices to fall back. we all also know it is quite difficult to increase if you see this situation.
IMO after $ 11k bitcoin prices will still go up and down, but after reaching $ 13k it will increase steadily until it reaches its peak.
hero member
Activity: 3024
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March 02, 2018, 05:15:03 AM
#47
Will be 15k in 5 more day
I don't think so. That's a very short amount of time compare with the recover of bitcoin from $6,000 to $11,000 and now its  stable at $10,000 so what you are thinking does only have a very small chance. I'm not saying it's impossible but the chance is very low.
sr. member
Activity: 630
Merit: 263
March 02, 2018, 05:14:55 AM
#46
IMHO we'll probably see the same pattern we've seen for the last month or so..e.g. two steps forward, one step back, two steps forward, one step back...etc. Every milestone tests a new confidence level. Analysts predict $40+ by EoY, so $11k shouldn't be a big psychological barrier considering the highs of last year. For me the next real test will be at $15k.
11K or 15K is very small. Bitcoin worth more than that. My opinion is that 25K is too small. It seems to me that it is wrong to get attached to a certain price of bitcoin. We can only state the actual price at a certain point. Most bitcoin users keep their coins and will not change tactics at any price.
member
Activity: 700
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March 02, 2018, 05:08:43 AM
#45
Well this is the third time in a week I've seen Bitcoin reach and breach 11k, it has yet to touch 12k but I believe if this level can hold all the way until Monday morning markets open in Asia, we'll definitely have a good chance of such. What we should really be hoping for though, is that it stays above 10k for the entire March. In fact, if it just keeps around 10-11 the whole month, that will be a serious preparation for a big big push. Bitcoin doesn't like to stay put though.

We always dream it can stay in 10k to 11k for the whole month of the march is good but how whales and holders will react if the price of Bitcoin consolidates at 11k. But surely the price of bitcoin pushes to more than 15k, for that it should touch the 12k mark firstly.
legendary
Activity: 1442
Merit: 1016
March 02, 2018, 05:02:40 AM
#44
Everybody thinks we are going to see 11K soon. The real question is, what happens after that number?
Will it drop like a stone right after 11K or will it continue to go up?
What do you think?
Any opinions?

As you can see right now $11k is already a level bulls and bears are fighting hard for.
If we break up with some good momentum we maybe can reach $11400-$11700.
Then I think another profit taking will happen. So a pullback to 10800-10900 afterwards.
This all can play out in a few days.
For the longer term, speaking of 2-3 months I hope we will be able to move up to 13-14k.
I can't see us going significantly higher at the moment during that time. However Bitcoin always shows us that it doesn't give a damn and therefore it may prove me totally wrong.  Cheesy
legendary
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March 02, 2018, 05:00:11 AM
#43
Well this is the third time in a week I've seen Bitcoin reach and breach 11k, it has yet to touch 12k but I believe if this level can hold all the way until Monday morning markets open in Asia, we'll definitely have a good chance of such. What we should really be hoping for though, is that it stays above 10k for the entire March. In fact, if it just keeps around 10-11 the whole month, that will be a serious preparation for a big big push. Bitcoin doesn't like to stay put though.
legendary
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March 02, 2018, 04:53:21 AM
#42
Everybody thinks we are going to see 11K soon. The real question is, what happens after that number?
Will it drop like a stone right after 11K or will it continue to go up?
What do you think?
Any opinions?
This is nonsensical question, nobody can predict real scenario (If you are not a big whale ofc). It all depends on market`s mood.
The question is not nonsense. As a matter of fact, the price is $11k already. What happens next can truly not be predicted for sure, I agree with you. Yet I disagree that whales can predict them here. In the area of main cryptocurrencies I don't believe in any sort of regulations, so even experts can't say for sure what's going to happen. I think the news affect the market more than attempts to reach certain results via trading.
My opinion is that $11k is not a game-changer. We've seen it there before and it went down afterwards. We can really speak about things getting better when we see something like $14k, because bitcoin wasn't even close to that lately.
hero member
Activity: 1134
Merit: 517
March 02, 2018, 03:55:37 AM
#41
It doesn't matter whether it drop back again as long as you hold yours because sooner or later the price will move up like it had before $20k is going to be the past so if you bought that the heights but sold after the dip then you lose more than you could have profited/
That's right, the price of Bitcoin might drop right after testing the $11,000 price mark! It's a well known fact in the financial market that once a price level is tested, the significance is that bullish pressure is beginning to mount and sooner than later, a breakout is most likely. As I write, Bitcoin is going for $11,099.99 at Bitstamp, having touched $11,222.36 earlier. A rally is surely on the way, so it's still a good buy for those who have been sitting on the fence.
legendary
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March 02, 2018, 03:49:11 AM
#40
Depends on the next news, we are currently at $11k but if the next big news is about hack, ban, Bitcoin execution etc. .. rest assure price will easily plummet.  But if the next big news is development adoption and investments of huge company to Bitcoin, it will definitely form another bubble and so the bull run will automaticaly start and FOMO will hit investors.
hero member
Activity: 1498
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Not your Keys, not your Bitcoin
March 02, 2018, 03:44:45 AM
#39
Everybody thinks we are going to see 11K soon. The real question is, what happens after that number?
Will it drop like a stone right after 11K or will it continue to go up?
What do you think?
Any opinions?
Bitcoin is a decentralized cryptocurrency so no one is predict the future possibilities but it should be raise constantly soon. Because most of the countries are implementing the cryptocurrency and many online shopping also accept the Bitcoin so it will raise continuously in future. We also supporting to Bitcoin investment then only it will go up in crypto market.
sr. member
Activity: 1666
Merit: 276
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March 02, 2018, 03:16:56 AM
#38
I believe $11000 to be the resistance point, because the price has been into fluctuation for a long within the $10000 - $11000 tag. Now same as that happened an week ago the price has gone above $11000. This time it is expected to move gradually and go beyond $12000 which didn't happened last time.
member
Activity: 282
Merit: 10
March 02, 2018, 03:16:37 AM
#37
It's  a tough questions, we can not know or predict anything like this , we could see 11k soon but we also can see 9k or less . Those who are saying that Bitcoin will reach that value they don't know for sure , they are hoping that they are right . But maybe they are right , I mean every time when Bitcoin falls down he grows up again with a higher value or maybe a double value.  I hope that Bitcoin will grow up in the next month, not just to 11k but to a really higher value, maybe to 20k .
legendary
Activity: 966
Merit: 1006
March 02, 2018, 03:01:54 AM
#36
$11k doesn't matter much as price is just swinging between $9k to around $11k for last few weeks. This can be considered as silence before storm so we can expect a big dump or pump in next few days or weeks.

Also Some analyst have suggested $11k as major resistance so if it will be broken down we might get out of this long bear market and rally starts but I am not quite confident about this prediction.
full member
Activity: 1064
Merit: 112
March 02, 2018, 02:29:22 AM
#35
11k price is already touched  ATM.  And as of now we have no idea what will happen after this scenario  'cause as we see on this moment the price is increasing gradually even it's always fluctuate so in my opinion maybe will continue to grow until it jump again to next price which is 12k ,
full member
Activity: 392
Merit: 100
March 02, 2018, 02:05:05 AM
#34
It seems to me.. i'm more confident  it will not coming back down and would be leads to a higher direction little by little bit and does not fall to $ 9k again like as before.
Some predictions of bitcoin experts also said like that.. it will go higher and also i believe that there will be several factors that support moving prices continue to rise too.
legendary
Activity: 1638
Merit: 1163
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March 02, 2018, 01:57:45 AM
#33
What will happen next is what the market dictates.   People who would like to take profit now will do so.   People who aren't within an acceptable profit range will sit around and hope that the price goes higher. 

it is a tiny bit different though.
most people wait for a drop to sell. if you look at the charts it goes up and up then slows down, nobody does anything so far. then a big sale happens, possibly by some whales and price has a noticeable drop so everyone follows that drop and starts selling hence creating a big red candle on the charts.
if more people were looking for profit and taking it for now, then it would have been a much smoother action.

and in the end the final price results depends on what happens after that drop. if the demand is still there and buys back it will go back up above the price the sell off started and if it is not there then the same thing as previous times will be repeated.
member
Activity: 359
Merit: 15
March 02, 2018, 01:56:16 AM
#32
Everybody thinks we are going to see 11K soon. The real question is, what happens after that number?
Will it drop like a stone right after 11K or will it continue to go up?
What do you think?
Any opinions?

We are hoping too that if the 11k marks is reached we will sell it to that price and we will bought if the price is drop. some article writers are saying that the next blood bath is coming so we better get ready to buy more bitcoin if that happens.  
newbie
Activity: 91
Merit: 0
March 02, 2018, 01:52:54 AM
#31
I don't think it so...!
Nobody can tell correct news. But there have no possibility to fallen down bitcoin price after 11K. And if will it, don't worry bitcoin nature is down and up. If it down, Inshallah it will recover very soon. I think we have opportunity to earn from bitcoin.
legendary
Activity: 3080
Merit: 1353
March 02, 2018, 01:45:26 AM
#30
Everybody thinks we are going to see 11K soon. The real question is, what happens after that number?
Will it drop like a stone right after 11K or will it continue to go up?
What do you think?
Any opinions?

We have tested $11K thrice already in the last weeks or so. We even went as high as $11,700 but it was not sustained as the price plummeted to below $10,000. But it really good to see that we are just above $11,000 once again. As far as the question of sustainability, we can't really tell. It looks like its gonna be a continues battle between the bulls and the bears. We need to see how it goes in the next 24-48 hours. It gonna be critical to see if it will be hold otherwise expect traders to cash out again and take profits.

Look like Bitcoin bull run will start very soon market is trending towards one more major pump bitcoin sentiment look strong we can see prices touch near to alltimehigh

Don't expect too much of a bull run so that you won't be disappointed. We will see pump eventually but at this juncture, we are not sure about the bullish sentiments. As I have said, they are still fighting it out. Just don't set high expectations, so that you will not be disappointed and then bitching out later.

Everybody thinks we are going to see 11K soon. The real question is, what happens after that number?
Will it drop like a stone right after 11K or will it continue to go up?
What do you think?
Any opinions?

It is already in 11k, but many people says that it is still on a downtrend? But there is a pattern of Head on Shoulders that's to be need to finished, everybody is waiting for confirmation now.

As per TA, the next test is $11,700 but we all know that no one can exactly say where is the next stop. That's why I said its gonna be critical in the next 2 days or so. It we march towards $11,700 then its another thing.
member
Activity: 181
Merit: 10
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March 02, 2018, 01:40:52 AM
#29
Everybody thinks we are going to see 11K soon. The real question is, what happens after that number?
Will it drop like a stone right after 11K or will it continue to go up?
What do you think?
Any opinions?
Well Bitcoin already hit $11000 today but no one can really tell what will be the movement of the price in the next few days or in the future. What might happen is those people who bought on the dip will cash out their profits so we can see a slight down trend on the price and go back to $10000 or people will continue to buy to join the train. But for me it doesn't matter because we all saw that Bitcoin can reach $20000 mark, so it is not impossible that it will reach that price again or even hit higher than that. The only problem here is there is no way to predict on when it will happen again.
Bitcoin  is the most important electronic currency. Most government subsidized funds entering and exiting the market are subject to bitcoin, so what will happen to the original electronic currency that affects the entire market?

The token's market dominance stood at about 40% on Wednesday. By my estimate, however, the dominance of the bitcoin market will clearly return to 75% in the entire sector.

I really see a 150% up trend in bitcoin for 2018.

Why? Yes, BTC still dominates. It has the largest user base and largest industry. However, it faces a challenge in scaling for wider use.

Bitcoin can not now handle 6 or 7  transactions per second. Compared with credit cards, they can handle thousands of transactions per second, so the criticism of bitcoin's ability to scale is understandable.

The challenge of scalability also leads to a high fee.

So what's the solution? That is the so-called network outside the chain, peer, second layer. To cite an example, take a look at the Lightning Network. Created by Blockstream, the Lightning Network allows transactions outside of Blockchain, thereby reducing transaction costs to almost zero and increasing speed and scalability almost limitless. And it's just started. As you can see from this map, more and more nodes as well as channels are being set up. It is growing exponentially.

In the coming months, we will see a dramatic improvement in transactions and more bitcoin use in these channels. Moreover, Lightning Network does not have any fees.

In other words, second-class networks address bitcoin issues - scalability and lack of liquidity. That could be a major reason why the bitcoin surge this year.

By the end of 2017, I predict that bitcoin prices will drop to $ 5,000 - but it is likely to climb to $ 60,000. Lightning Network will have a great impact on growth potential.

There are also other second class projects such as Rootstock, which allow similar calculations to that of Ethereum  that is implemented through bitcoin. .

Attractive projects such as these can cause a significant increase in the MOF. I would dare say in the 60 to 70 percent field with a growth potential of 100 percent - and even more.
So you want to own btc, seeing the 25,000 usd bitcoin is premature!
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