We hit 11k what comes next ? - page 3.

serjent05

legendary

Activity: 2884

Merit: 1258

It is tempting to say that correction is about to happen but July is coming and Bakkt will be testing its Bitcoin futures.

Quote from: rdluffy on June 23, 2019, 05:43:49 PM

I have to admit I was expecting a correction after 10k, almost immediately, but I was wrong, even if you are here for a long time, the market is always hard to predict
I'm happy I didn't sell any coin yet

I think it will take some time for the correction since Bitcoin just retraced in previous week, probably correction will happen after the event on July 22.

seoincorporation

legendary

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Quote from: peter0425 on June 23, 2019, 04:43:14 PM

Obviously, the next mental barrier is $12k. But it seems that $11k is not yet that sustainable though, so we will see. However, it seems that FOMO has set in when we hit the $10k barrier. So short term the price could go in the $12k-$13500K range, just my speculation.

Will be impossible to see bitcoin at $13500k, we are talking about 13.5M each BTC, so, is just impossible, there is not enough money and markets to bump it at any price, even if it hit $1M i think most of the users will be selling and this will dump hard the markets.

nemey

member

Activity: 658

Merit: 10

Catena X

Now, the price hits more than $11k again. But it doesn't close the condition when it may decrease again in some few moments later. And we must be aware of this volatile condition of Bitcoin price and market. So far, we only focus on the increase in the price, but we miss a certain important thing that BTC is still volatile and we may not be panic to face this situation. We may be able to predict that it can reach $12, but we must also be ready if the price will drop again to only $10k or below.

rdluffy

legendary

Activity: 2226

Merit: 1304

I have to admit I was expecting a correction after 10k, almost immediately, but I was wrong, even if you are here for a long time, the market is always hard to predict
I'm happy I didn't sell any coin yet

Stage3

newbie

Activity: 70

Merit: 0

Quote from: partysaurus on June 23, 2019, 05:33:34 PM

Quote from: Stage3 on June 23, 2019, 04:12:17 PM

we managed to hit the 11k again. 24 after surpassing it already once.

What is your take on it ?

Let me know!

12k is the next big step if we break that i think it will go fast to the 15k area, but it has to be some correction soon, its long over due.

I do agree with you that the current bull run might bring us to 15k pretty fast/ or at least this year. Do you think the ICO market will pick up with it as new consumers enter?

Cheers

Payme21

jr. member

Activity: 252

Merit: 1

What's next? A little rise and a little fall then a little rise and probably a little fall. That is the trend of crypto and it will always be like that

partysaurus

sr. member

Activity: 574

Merit: 251

Quote from: Stage3 on June 23, 2019, 04:12:17 PM

we managed to hit the 11k again. 24 after surpassing it already once.

What is your take on it ?

Let me know!

12k is the next big step if we break that i think it will go fast to the 15k area, but it has to be some correction soon, its long over due.

Stage3

newbie

Activity: 70

Merit: 0

Quote from: dothebeats on June 23, 2019, 05:06:06 PM

We are still trying hard to get a stable footing @ $11k, though once we have passed $11300 which is one of the resistance that we have along the way, we could easily climb up to $12k - $13k without a hitch. I see a lot of huge buy orders @ $10k ranges and it's still possible for us to retrace to those levels once we exceeded $12k, although at the current pace of the market, it will take a while before we see any correction. For the mean time, reap the rewards and enjoy the blast while it lasts. You'll never know when will an asshole of a whale would disrupt the market tempo.

Well we almost reach 11.2k right now so we might get where you see the resitance Wink

Looking forward to break that one.

Cheers

TimeTeller

hero member

Activity: 2744

Merit: 588

Quote from: kryptqnick on June 23, 2019, 05:08:53 PM

I am surprised to see that the price is still holding above $11k. I don't know, I still think we should expect at least a small correction. I also really don't enjoy that the transaction fees exploded along with this spike. I paid almost 6 dollars for a transaction worth $215. And the exchanges to fiat are not welcoming the new price, and are buying Bitcoin for about 3% lower price than on preev.com. People have to calm down a bit, there's too much action going on. And it's better to have small price corrections along the way instead of a huge price drop awaiting us somewhere in the future.

High transaction fee is one setback that we might be seeing in this increase of BTC price.
But in general point of view, the continuous rise of BTC is really great to see for all of us.
Obviously, exchanges will take advantage of the situation. Just look for exchanges that are not taking much profit.
Hitting $15k this year is very possible, if this market performance continues.

rodel caling

full member

Activity: 952

Merit: 104

Hitting again 11,000$ above mark level, the signal for another all time high, of course it's obvious we wait the next price increase if the proce hit the 15,000$ possible to reach 20,000$ Or more than, before end of this year
to break the history of all time high last 2017. 🙂🙂🙂

kryptqnick

legendary

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I am surprised to see that the price is still holding above $11k. I don't know, I still think we should expect at least a small correction. I also really don't enjoy that the transaction fees exploded along with this spike. I paid almost 6 dollars for a transaction worth $215. And the exchanges to fiat are not welcoming the new price, and are buying Bitcoin for about 3% lower price than on preev.com. People have to calm down a bit, there's too much action going on. And it's better to have small price corrections along the way instead of a huge price drop awaiting us somewhere in the future.

dothebeats

legendary

Activity: 3542

Merit: 1352

Cashback 15%

We are still trying hard to get a stable footing @ $11k, though once we have passed $11300 which is one of the resistance that we have along the way, we could easily climb up to $12k - $13k without a hitch. I see a lot of huge buy orders @ $10k ranges and it's still possible for us to retrace to those levels once we exceeded $12k, although at the current pace of the market, it will take a while before we see any correction. For the mean time, reap the rewards and enjoy the blast while it lasts. You'll never know when will an asshole of a whale would disrupt the market tempo.

peter0425

sr. member

Activity: 2618

Merit: 439

Obviously, the next mental barrier is $12k. But it seems that $11k is not yet that sustainable though, so we will see. However, it seems that FOMO has set in when we hit the $10k barrier. So short term the price could go in the $12k-$13500K range, just my speculation.

Stage3

newbie

Activity: 70

Merit: 0

we managed to hit the 11k again. 24 after surpassing it already once.

What is your take on it ?

Let me know!

Topic: We hit 11k what comes next ? - page 3. (Read 468 times)