Will Bitcoin ever get past $10K? - page 4.

Reatim

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Quote from: Abiky on May 22, 2020, 02:14:37 PM

What are your thoughts? Do you think Bitcoin will ever get past $10k? Huh

market is returning now and Bitcoin climbing from the fall of 8k level now goes back again at $9k and still growing.
Maybe there are chance that before the end of May at least we will see another 10k passing,though there are no good news to support this
yet the economy of the world is not standing straight even the damage of pandemic are there.

Lets see what happen after this month but what i am sure is in 3rd quarter there will be some good changes and maybe we will see
the greatness of Bitcoin and the whole market again.

Reid

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One of the questions that had been bugging me.

$10k is just there, a little bit of push and BTC will reach it but yet a wall is stopping it.
$12k is what I thought to be the next new bottom. It didn't happen.

Yeah, patience will be the answer.
Waiting for Covid-19 to end and then letting the halving to marinade. Grin

sujonali1819

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Yes, Bitcoin surely will get past the 10,000 dollars. It’s just a mater of time. Yes, it’s right that it’s few days from halving finished and we can not see any big move. But did you forget about where the btc come from?It was around below 4k dollars. And now btc is struggling to cross 10k. So it's a very big profit for them who invested in around 5k dollars. And now they are getting strong their profit. Some big whales also try to get the profit and re-buy in low. And this is the main reason of struggling to cross 10k despite the halving passed. But it surely cross 10k in near future that I am thinking. And when Completely cross the 10k then we might not stop BTC untill a huge gain in price.

shoreno

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Quote from: serjent05 on May 26, 2020, 08:34:05 AM

Quote from: Abiky on May 22, 2020, 02:14:37 PM

What are your thoughts? Do you think Bitcoin will ever get past $10k? Huh

Patience my friend. Eventually, Bitcoin will get past $10k. It already gets past to it several times and I am positive that Bitcoin will even reach those $20k mark again. With the halving of the supply, the incoming influx of new mined Bitcoin is halved and if the adoption continue, we can see a slow growth of Bitcoin price. We have seen the stability of the price of Bitcoin to a higher level than in previous years (just ignore the prices due to pump and FOMO).

yes it touches 10k usd many times and i think that the op already knows that too but maybe he mean to say when will price goes stable and continue to climb over 10k usd . i myself sometimes ask the same question alot of times before on my own head only though . but thanks for making us feel motivated by explaining why price can do it but why you said we will ignore price pumps ? or i guess you mean to say dump but fomo is bad and obviously not beneficial

serjent05

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Quote from: Abiky on May 22, 2020, 02:14:37 PM

What are your thoughts? Do you think Bitcoin will ever get past $10k? Huh

Patience my friend. Eventually, Bitcoin will get past $10k. It already gets past to it several times and I am positive that Bitcoin will even reach those $20k mark again. With the halving of the supply, the incoming influx of new mined Bitcoin is halved and if the adoption continue, we can see a slow growth of Bitcoin price. We have seen the stability of the price of Bitcoin to a higher level than in previous years (just ignore the prices due to pump and FOMO).

Review Master

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Quote from: maydna on May 25, 2020, 05:55:29 AM

But if somehow, the price will get another dump, then we need to prepare to buy more bitcoin because that will be our chance to buy bitcoin at a low price.

Yeah, We can buy in this current price by using some part of the total funds. Also we can buy part by part in deep if bitcoin continuously dump. That would be the best strategy IMO. If not than we would regret in future for not buying in deep. Likewise someone who don't buy bitcoin at $3.8k and think that it'll dump more. Now they are regreting for the wrong calls. So every small dump is an opportunity for the wise traders to take part with proper research and knowledge of the markets. Wink

Quote from: maydna on May 25, 2020, 05:55:29 AM

The bitcoin market itself seems not moving fast, and it tends to stable for a while this week. So we need to be careful about anything that can happen to bitcoin price.

If it tends to stable than we can see a small bull run for altcoin markets in the USD pairs as we see in the previous altmarkets. But it's quite risky to enter the altmarkets because of the sudden pump&dump of bitcoin. Let's see what's waiting for us. Roll Eyes

maydna

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Bitcoin price can go to $10k someday, but we need to be patient at this time because bitcoin price now still below than $9k. The trend for bitcoin price still at the downtrend but we need to wait until tomorrow, so hopefully, the price will start to increase and break $9k. But if somehow, the price will get another dump, then we need to prepare to buy more bitcoin because that will be our chance to buy bitcoin at a low price. The bitcoin market itself seems not moving fast, and it tends to stable for a while this week. So we need to be careful about anything that can happen to bitcoin price.

Slow death

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Quote from: Abiky on May 22, 2020, 02:14:37 PM

It's already been past halving, yet prices continue to fluctuate between the $9k to $9.5k range. I've noticed that each time prices try to reach $10k, everything "falls out" immediately. Is this a result of price manipulation by whales? At this pace, it's hard to believe that Bitcoin will ever get past $10k. Even if it does get past $10k, reaching a new ATH in price could be quite challenging.

I believe that the following is happening: when there was the incident that involved the general of Iran that the USA killed him, the whales saw the opportunity to manipulate the price, but when it reached $10,000 they found a great resistance that they were unable to break because there was not much buyers. Now with halving the same thing must have happened. The question is: what price we will see in the coming months?

Quote from: Abiky on May 22, 2020, 02:14:37 PM

Since it's been only a week after Bitcoin's third halving, anything could happen in the future. Right now, we're in a level of uncertainty due to the COVID-19 pandemic. Maybe Bitcoin will be able to break out to new levels in price after all of this is over? Or will it continue to rise while Fiat goes down the drain?

It is likely that the price will start to increase a lot from the beginning of next year, I do not expect to see the price break $13000 this year

Quote from: Abiky on May 22, 2020, 02:14:37 PM

Fees are at an increasing rate

I had to pay $5 to transfer $40 because I wanted it not to take too long for the transaction to confirm... it was last week. Days before I paid a $ 5 fee, I made a transaction that paid a $2 fee and took a long time to confirm

Quote from: Abiky on May 22, 2020, 02:14:37 PM

What are your thoughts? Do you think Bitcoin will ever get past $10k? Huh

if you ask me in a short time something like in 1 week, i will tell you that the price will definitely start to rise in a few months

CryptopreneurBrainboss

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Quote from: Abiky on May 22, 2020, 02:14:37 PM

It's already been past halving, yet prices continue to fluctuate between the $9k to $9.5k range. I've noticed that each time prices try to reach $10k, everything "falls out" immediately. Is this a result of price manipulation by whales? At this pace, it's hard to believe that Bitcoin will ever get past $10k. Even if it does get past $10k, reaching a new ATH in price could be quite challenging.

Have you taking sometime to review the high number of sell order been placed at the $10k price mark on most exchanges especially those with high liquidity and reputed per se. Most traders are taking profit at that price, making it impossible for the market to cross that price and that won't be happening anything soon.

The resistance can be seen without must effort in the chart. And like other have also mentioned, it's still too early to start judging, let give bitcoin sometime as it never does disappointed and don't think I'll be doing so anytime soon. Currently we're in the accumulation stage and thats is the best thing to be doing right now instead of debating on the price movement of the market.

bitbunnny

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So close but so far away, that can be said for 10000$ value.
Bitcoin price is always somewhere nearby, fluctuating between 8000$ and 9000$ but 10000$ seems hard to.cross.
At the moment it looks like we are having another small correction so in the upcoming period we will probably not see Bitcoin price crossing 10000$, market will continue to resist.

Paycoinzzz

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it will pass this year but will be the end of the year. Bitcoin's price has risen too much since the beginning of March and now it needs adjustment. Bitcoin halving events will have an impact on the market but will be slow. around this time the market will be flat or slightly falling to $ 8k, after which it can pump strongly at the end of the year. Hope the world will control corona virus soon so that the economy can return to normal.

Kelvinid

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It is not really hard for Bitcoin to break this resistance but quite hard to think about this https://bitcointalksearch.org/topic/will-bitcoin-ever-be-20k-usd-again-5249773.

$10k is quite not far from the current market position. We even surpassing it early this year and there is no possibility that we can't make it to happen again. Though it was obvious that volatility is getting stronger but then, it wasn't closing the chance to fo beyond that level. I was speculating to achieve this goal in the 3rd quarter, not this quarter since the miners are having the shutdown's issue which could affect the trend.

Findingnemo

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Quote from: carlfebz2 on May 24, 2020, 03:57:28 PM

Quote from: Findingnemo on May 24, 2020, 02:10:30 PM

Bitcoin is struggling to pass 10K due to the weak hands, they keep dumping their coins for small profits I regular intervals whereas whales already made their profits when prices hit the bottom due to covid 19 pandemic announcement.Now the price movement is completely organic and no price manipulation is involved in my opinion.

Im not really always sure on tagging up covid pandemic with crypto market (maybe for traditional markets but not for this one).This is just a normal market cycle and we cant really just get those things that we do anticipate or wish for.

There would be always that bumpy ride which do really signifies that we are dealing on a healthy market.Well, manipulations is always there but as a crypto trader you should really know on how to deal things up for you to benefit out.

For now its good to see that Bitcoins price is playing between 9k-10k levels but we havent break out yet but lets hope that it would able to hold the support levels so that we can possibly shoot up and past 5 digit prices.

I mean that huge dump from 10K to 4000 region in few hours when covid was announced as Pandemic by WHO, it certainly not tied to the virus but that was used by the whales to make benefits for them.I believe that whales don't manipulate the market all the time then it would become predictable at some point so they always surprised us at an unexpected time with unexpected price movement.

carlfebz2

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Quote from: Findingnemo on May 24, 2020, 02:10:30 PM

Bitcoin is struggling to pass 10K due to the weak hands, they keep dumping their coins for small profits I regular intervals whereas whales already made their profits when prices hit the bottom due to covid 19 pandemic announcement.Now the price movement is completely organic and no price manipulation is involved in my opinion.

Im not really always sure on tagging up covid pandemic with crypto market (maybe for traditional markets but not for this one).This is just a normal market cycle and we cant really just get those things that we do anticipate or wish for.

There would be always that bumpy ride which do really signifies that we are dealing on a healthy market.Well, manipulations is always there but as a crypto trader you should really know on how to deal things up for you to benefit out.

For now its good to see that Bitcoins price is playing between 9k-10k levels but we havent break out yet but lets hope that it would able to hold the support levels so that we can possibly shoot up and past 5 digit prices.

Findingnemo

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Bitcoin is struggling to pass 10K due to the weak hands, they keep dumping their coins for small profits I regular intervals whereas whales already made their profits when prices hit the bottom due to covid 19 pandemic announcement.Now the price movement is completely organic and no price manipulation is involved in my opinion.

TheGreatPython

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Waiting that much is not really easy for everyone. You have to realize that not that many people who got into bitcoin is super rich, most of us do not have enough money to even make an investment properly because we run out of money with one bad thing. For example, during this pandemic period I was expecting the price to be so so much lower than what it is right now only because this could have made a lot of money poor.

90%+ of the world lives paycheck to paycheck, we make some income, we spend it and there is almost nothing left. Sometimes we do have a bit at the side but if one bad thing happens to us, we run out of money and increased debt once again and work towards paying it. At the end of the day you can't expect these people to wait for 5 years before they could sell because something could happen that makes them sell it.

judaspriest

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Bitcoin is still trying to hold on to support $ 8800 - $ 8900,
hopefully we can stay here and are ready to continue the increase up to $ 10,000 again Wink

arwin100

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Quote from: mahilchii on May 24, 2020, 06:17:13 AM

Quote from: cafetools on May 22, 2020, 05:08:40 PM

Honestly wait 5 years without checking the price, you will be amazed.

I agree with you, but do you think everyone will be waiting for so long time?? That's impossible mate only big whales will deal with such stuff in my opinion also they used to manipulate whenever they want and we have experienced it as well. Halving was a real shock to many of them and I believe there was some hands of big whales on twisting the price, however I will take as a opinion and try it Cool

It's crazy to think that you buy something and you will not check it for the span of 5 years without knowing nothing since if happens you buy on the year 2017 then you will possibly cry out loud when the pants drastically dumping so badly, But if you are a risk taker then maybe its good to try since provably by 5 years you will get rich if good things come or you will lose everything when market collapsed again.

$crypto$

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If we pay attention before halving, the price of bitcoin is difficult to redeem the number of $ 10k, even I saw that $ 9.9k was the highest at the time, but all of that fell together and redeeming the price of $ 10k is difficult to achieve, I don't know if this is a manipulation of a whales are toying with prices at the Covid-19, but I think positively if it has already redeemed $ 10k it will be difficult to fall because someone already believes that if it has passed that number bitcoin will continue to grow to reach the new ATH because halving has been passed but we wait until this fluctuation is completely normal again.

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Quote from: Abiky on May 22, 2020, 02:14:37 PM

It's already been past halving, yet prices continue to fluctuate between the $9k to $9.5k range. I've noticed that each time prices try to reach $10k, everything "falls out" immediately. Is this a result of price manipulation by whales? At this pace, it's hard to believe that Bitcoin will ever get past $10k. Even if it does get past $10k, reaching a new ATH in price could be quite challenging.

Since it's been only a week after Bitcoin's third halving, anything could happen in the future. Right now, we're in a level of uncertainty due to the COVID-19 pandemic. Maybe Bitcoin will be able to break out to new levels in price after all of this is over? Or will it continue to rise while Fiat goes down the drain? Whichever way Bitcoin goes forward in terms of price, many people will still support it. Fees are at an increasing rate, so we'll have to wait until everything goes back to normal (both in Bitcoin and the mainstream world) for prices to head all the way past $10k and beyond.

What are your thoughts? Do you think Bitcoin will ever get past $10k? Huh

Bitcoin will get past $10k for sure and that too in just a couple of months, as the halving has passed and also the Corona virus scenario is also looking good as in most of the countries it is getting under control, so it is just a matter of a few months when the economy starts to grow again and the same will also happen for bitcoin.

Quote from: jhonjhon on May 23, 2020, 09:49:31 AM

~ This dump is just probably a market correction, I don't blame whales for this and surely it turns back high again.~

Every time bitcoin price does an unexpected move, people start blaming whales for doing market manipulations, but in fact the market is always and will always be unpredictable for normal people or non traders.

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