Topic: Will Bitcoin ever get past $10K? (Read 1168 times)

Agree. Right now, there's heavy price manipulation across the market. It may take some time before we'll able to see steady prices well above $10k per coin. With some patience, we'll be able to achieve good results in the future. Personally, I wouldn't worry about Bitcoin's price as long as it's useful for the whole mainstream world. Decentralization/censorship-resistance is what matters above anything else. I'd expect prices to become higher in 1 to 2 years from now. The sooner the pandemic ends, the better it'll be for Bitcoin and other tradeable assets worldwide.

It's surprising to see how quickly Bitcoin recovered in price after the negative effects of COVID-19 on the mainstream economy. This shows us how resilient the pioneer cryptocurrency is as an asset that's completely immune against real world events. With its decentralized and open source design, Bitcoin may well live far beyond 100 years into the future. All in all, we're getting one step closer from grasping $10k per coin than I've ever imagined. Just my thoughts

We actually surpassed that level but of course, the market is not yet ready so it goes down again. But the probability of passing that level in the next coming months is very high. People are slowly calming down owed to this pandemic situation and they are trying to recover from what's left on their savings. There's always hope so to speak. So reaching that level is not impossible.

Of course bitcoin will past 10k$ just be patient and wait that time. Many investors in bitcoin have big holdings but they have no worries because they know that bitcoin will goes up. So we must be wait for we get a good profit. Holding bitcoin now is the one good thing that we have made because I know bitcoin soon will goes up.

There is no sign for now as some whales are manipulating bitcoin price, there was a time it got to over $10000 some days before halving, but a whale move huge amount of bitcoin it of an exchange, the price really dropped to as low as $8200. This is also what has been happening so far to bitcoin. But, it is not yet late to see the results of halving, the effect can not be immediately, and it could later still result to bitcoin price increase. I just believe that in this year, bitcoin price will get to a price more than $10000.

For what I've seen, it's not impossible for Bitcoin to get past $10k. Right now, it's an oddity since whales are heavily manipulating Bitcoin's price on the market. One needs to be vigilant in order to sell Bitcoin when it touches the $10k range. Once it manages to sustain prices of $10k for some time, there should be nothing stopping it from reaching higher gains on the market. At least, the third halving had a positive effect over Bitcoin's price in the short term. Maybe in the next 2 to 3 years from now, Bitcoin will be able to reach a new ATH. It's all a matter of patience in order to obtain good results with your investment.

Impatient people will quickly sell their Bitcoin, triggering a panic sell on the market. If there are more people selling Bitcoin than what they're buying, prices will go down the drain. Bitcoin's volatility may be risky, but it proves to be a great way to make profits in the short term. Considering Bitcoin's reduction in block reward every 4 years, it should become much more valuable than what it is right now in the future. Let's hope that Bitcoin never loses its value, resembling Gold in every way. Just my opinion

yes, it's very possible. it's just that we don't know whether the price of bitcoin can hold on to that price or it will only reach $ 10k then fall back. so far, I feel that the price of bitcoin can reach that price, but it is not stable. however, until now there has been no sign that the price of bitcoin can break through the $ 10k wall in a long time.

It is very possible for Bitcoin to surpass 10k.
The price has been stabilized at 9k for almost a month. This means that we have a strong support and 9k and we are only going to head towards 10k in the coming months.

Present action has it keeping lows above 50 day average and also rising while doing that, I'm expecting a fall but the fact is the price continues to be quite stable on a possibly rising trend.   My speculation is its getting squeezed and running out of time but I could be wrong.



I think we push past the blue line like yesterday and get as far as the yellow line below, the idea being we have to revise lower pricing before we can regain prices such as 10k and above.   Not that I dont think BTC cant go higher but a stable base after prior rises, taking profit and taking speculators like air out of the price would consolidate BTC price.

Yups we have been there for how many times this year only but did not stayed even for a couple of days.
All of us hopes the same that the cure or vaccine of covid19 will finally invested and people will go back to normal.

In that parameters for sure crypto market will finally taste the effect of Bitcoin Halving.

Reaching $10,000 is not anymore a problem this year, we have seen a multiple times that bitcoin reached that price.
You are right, the only problem now is the stability, which I think normal for bitcoin since it's very volatile, so maybe we can make some strategy to take advantage on that.

By buying bitcoin when it dump, this would give you a good way to be profitable, as long as you trust bitcoin of course.

Many times panic happens and bitcoin dip, therefore we should trust bitcoin every time it dip and buy it.

for this year, the price of bitcoin has reached more than 2x the price of $ 10k. however, it did not last long. at this time, I still believe that the moment will return. it's just that, I can't yet think of its stability. I feel that the price of bitcoin will be stable above the price of $ 10k when the price has reached a price of $ 11k.

Completely agree with you, mate. We need something new and fresh in order to attract serious investors into Bitcoin. Once money starts flowing on the market, we can expect BTC to reach new ATHs in a blink of an eye. Since development is more of the same, people are not that much interested in Bitcoin. Right now, Bitcoin's value is focused on usability more than anything else. In these times of need, it's been proven that Bitcoin is a resilient store of value. Maybe in the future, Bitcoin will get nifty features such as smart contracts and privacy-oriented transactions via the use of sidechains? For what I know, additional features on the BTC blockchain are not necessary or required for its success. After all, there are many altcoins out there on the market each with their respective features and use cases for the mainstream world.

My guess is that in 1-2 years from now, Bitcoin will be able to get past its latest ATH of $20k per coin. Crossing $10k seems much closer from becoming a reality than I've thought. I've seen that Bitcoin has reached $10k at times, only to go back to $9.5k in price. It looks to me that whales are pumping and dumping Bitcoin for short-term profits. This is normal, as it's the way the crypto market behaves. Once the real demand from people in the mainstream world begins, expect Bitcoin to go all the way to the moon. I think that the constant money printing by the US' Federal Reserve, will simply make Bitcoin more valuable over the long term. Fiat will continue to be debased leaving people with less purchasing power over time. That's not the case with Bitcoin today. I'm certain that BTC's limited supply will have a positive effect over its price in the long term. We just have to be patient in order to see great results in the future. Just my opinion

I think we could see a good price but as you said, it will not last for a long time.

With the long time not seeing a good price, I think people would be forced to sell their Bitcoins to get back their losses. We even saw that the price reached $10K and it doesn't last that long. Because of the pandemic, people are actually focussed on the price changes of Bitcoin since most of the stocks are affected and other investments too. We can't say that it will not be affected since we, investors will be the ones who will say if it is affected or not.

I'm very positive that it will reach the $10,000 mark, we are in a very different situation or scenario, the fact that Bitcoin is still moving up however slowly, is a hint that it is ripe to reach the $10,000 level, I like to wake that we finally reached the $10,000 mark, we have already reached it this year, so I have no doubt that it will can.

While 10k$ is a bullish price but considering that we are at Halving season i think this can be lower compared to what will be the price in the next months or next year?

Just like what happen in 2017 when people are too afraid buying at 5 digits value of Bitcoin and they all regret the decision because when the 4rth quarter of that same year Bitcoin price starts the Run and Hit the highest price Bitcoin ever had in December.so Lets not look at the price when buying but instead in the situation that may occur a Pumping season of the market specially bitcoin.

I got sympathy for people who expect 3k , that is where the price was for a long time and even upto 6k its still a really good price but 10k is incredibly bullish price.   Even if we stay at 10k for the rest of 2020 its a great success and a stable price has benefits not obvious immediately but it allows a more easily transferred unit of value as it becomes known to hold.
    Growth in price represents volatility, when we see it rise alot it might encourage speculators and more holders into BTC but its not helping the backbone to BTC thats lasted so many years now.    We have to have a strong backbone to BTC for when real troubles arrive, sooner or later the QE and other 'stimulus' is going to wear thin and stop working then you have a reality where BTC must hold its own without constant easy dollars.

$10k is very achievable for btc in the next coming hours, days or months. just look at the price right now in coindesk, its about 9800 and the trend is still going up. so $10k is just around the corner. if you are doing short term trading, you will gain for sure. but of course, your strategy on how to get your max profit on this.

This time, remember, be it very hard for BTC to conquer the $10k price tag for itself but that won't be its achievement alone because then, a signal flashing over the charts is showing that BTC could easily rally above $14500 resistance if 10k gets broken this time with complete push. I'm in a 10x leveraged position with just BTC0.003 and I believe this might give me at least 3-5x if the setup that I'm seeing on the charts - gets formed correctly.

And most likely at least during the short term it will be difficult for bitcoin to keep itself above the level of 10,000 dollars for each coin, because as we know the economic situation around the world is not the best and it is only bound to get worse by the end of the year, so even if the halving has taken place already it doesn't seem the circumstances will aligned to allow that to happen, but people should not get nervous about this it only means that you have even more time to get bitcoin before it goes up significantly in value.

I think in order for a bullish trend to appear and bitcoin to gain a foothold above 10k, some qualitative change in the ecosystem must occur. Halving is an ordinary (planned) event. Lightning has not been creating good news for a long time and its application is not as wide as expected. Bakkt was not a breakthrough due to the low interest of institutional investors. It is necessary to search/create something new.