Will BTC hit $11,500 in June 2019? - page 3.

MFahad

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Quote from: CryptoBry on May 26, 2019, 02:09:04 AM

There is analysis I read somewhere that bitcoin can be staying flat for the next few weeks until within June 2019 there can be a breakthrough that can trigger bitcoin to go beyond the barrier of $10,000. The continuing positive overall market sentiment is a big signal that bitcoin is going into this direction. There is an occurrence of a mild correction happening from time to time this time which by the way offers a good opportunity for people to get in with the bitcoin bandwagon.

I am sure that bitcoin lovers will be happy and excited to witness bitcoin finally breach the $10,000 level after staying comfortably in the $8,000 zone. Do you think bitcoin still has the energy left for the run towards the $10,000 stopover or will there be some retracement instead.

Take a pick. Make your guess. And let's watch which will come true...

No, I don't think bitcoin will be hit $11500 in June, you know June is the next month, so it is unpredictable for bitcoin that it come in this price in the next month. But no doubt bitcoin will be come at $11500 but not in June, bitcoin will come in this price till the end of 2019.

klaaas

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Quote from: normanz on May 28, 2019, 03:57:31 PM

I think bitcoin has not been able to reach a price of $ 11,500 but $ 10,000 is possible to achieve, and for the next two months the price of $ 11,500 is likely to be achieved.

On the current 30 day chart we gained over 3k so it could be possible if the last month will repeat it self. We never thought that would happen ; )

Supercrypt

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Quote from: iqlimasyadiqa on May 29, 2019, 03:10:43 AM

This is very possible because everything can happen so quickly and shockingly in the world of digital currencies. Now the price of Bitcoin is in the price range of 9,000USd and an increase of 1,500USD is very possible. Every time Bitcoin always gives a surprise, therefore what we can do is continue to fully support the use of Bitcoin and provide a sense of optimism in every use of Bitcoin.

That is an increase of $2500 and not $1500 which I also would agree with you may happen by then. Most of us actually believe that bitcoin will peak at $10k by June from our analysis, but it seems bitcoin is always a step ahead of our prediction, which makes $11500 a realistic value for the month of June.

I have an analyst I believe though who told me there would still be a very big pull back from this current value because he believes that bitcoin is currently being overbought, but I would not want to pick on his opinion that much because I have seen greater analyst so sure of their stand but eventually got it wrong.

sunsilk

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Quote from: bitbunnny on May 29, 2019, 02:14:54 PM

Yes, it's possible and Bitcoin could surprise us every time when we speak about price movements but to my opinion it's not very likely to.cross 10000$ in.June. We see how price is moving back and forth all the time so corrections are very often and to my opinion similar situation will continue in the next period of time.

Yes price do come and forth but every time it comes back a bit, the next day you will see it come with a very good price just like what it did from $3k and $5k then to $7k. And this is what I'm looking at it right now because it's possible to happen.

But we will still see if this is going to be happen by June, we're just few days from it and another 30 months of witnessing on how it will move. I'm optimistic that it's likely and there's nothing to lose if it won't happen by that time.

bitbunnny

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Quote from: iqlimasyadiqa on May 29, 2019, 03:10:43 AM

This is very possible because everything can happen so quickly and shockingly in the world of digital currencies. Now the price of Bitcoin is in the price range of 9,000USd and an increase of 1,500USD is very possible. Every time Bitcoin always gives a surprise, therefore what we can do is continue to fully support the use of Bitcoin and provide a sense of optimism in every use of Bitcoin.

Yes, it's possible and Bitcoin could surprise us every time when we speak about price movements but to my opinion it's not very likely to.cross 10000$ in.June. We see how price is moving back and forth all the time so corrections are very often and to my opinion similar situation will continue in the next period of time.

moynul2050

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too much speculation about the rise in the price of bitcoin, some ask whether bitcoin can reach a price of 10k this week? I said it was impossible because it was too close. and now the OP is asking whether bitcoin can reach 11.5k in June?
isn't it in the next few days it's June?
whereas currently bitcoin is still in the range of 8000 - 8600.
although nothing is impossible in the crypto currency market, but it all takes a short time.

Caladonian

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Quote from: Farma on May 29, 2019, 05:31:10 AM

Quote from: iqlimasyadiqa on May 29, 2019, 03:10:43 AM

This is very possible because everything can happen so quickly and shockingly in the world of digital currencies. Now the price of Bitcoin is in the price range of 9,000USd and an increase of 1,500USD is very possible. Every time Bitcoin always gives a surprise, therefore what we can do is continue to fully support the use of Bitcoin and provide a sense of optimism in every use of Bitcoin.

current developments do occur very quickly. of course this can be true if the development of bitcoin prices is like this continuously. I think this month will end soon, so, when the price of bitcoin can hit a price of $ 10k in early June, then the chance to have a price of $ 11k at the end of June is of course very large.

Sudden pumped really making things very interesting, as the value still on its way up, there's no clear indications that it will pumped that hard before next month's ends, but the possibilities as the indicators are showing positively, it's still an speculations where mostly hype will make things possible.

It will surprise the market when that particular jumped already showing before June ended up this year.

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Quote from: iqlimasyadiqa on May 29, 2019, 03:10:43 AM

This is very possible because everything can happen so quickly and shockingly in the world of digital currencies. Now the price of Bitcoin is in the price range of 9,000USd and an increase of 1,500USD is very possible. Every time Bitcoin always gives a surprise, therefore what we can do is continue to fully support the use of Bitcoin and provide a sense of optimism in every use of Bitcoin.

current developments do occur very quickly. of course this can be true if the development of bitcoin prices is like this continuously. I think this month will end soon, so, when the price of bitcoin can hit a price of $ 10k in early June, then the chance to have a price of $ 11k at the end of June is of course very large.

GregH37

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Quote from: fourpiece on May 28, 2019, 09:54:18 AM

Who knows!, bitcoin might reach 20,000$ again next month due to high demand. New players are coming into cryptocurrency which will boost the market that might to a bull run till next year.

I think 11,500 is progressively sensible at this moment, it’s of no doubt that bitcoin has all the potential to get to any value it desires to attain at any time, but we still have to consider lots of circumstances that will always make the journey not to be smooth.

Moreover we still need very large firm that will put in the amount of money bitcoin needs to get to this value in one month which the time is too short to achieve that. What will get us to that value is when we have collective buy same time, I mean when everyone sees the need to put fund whether old or new investors and I think that can only be FOMO and what will cause that FOMO is yet to be seen, I am hoping that the next halving will make this happen.

iqlimasyadiqa

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This is very possible because everything can happen so quickly and shockingly in the world of digital currencies. Now the price of Bitcoin is in the price range of 9,000USd and an increase of 1,500USD is very possible. Every time Bitcoin always gives a surprise, therefore what we can do is continue to fully support the use of Bitcoin and provide a sense of optimism in every use of Bitcoin.

rhomelmabini

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This might not happen on the very first day of June but who knows? No one, will it may hit but not the early days of June, I've seen some TA that $11k is a possible thing as it is the peak before another correction hits. $8k by the way is the safe zone for me and ATH is on December again.

lepbagong

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Bitcoin is currently heading for a very good trend, after breaking through $ 8K, it will not be long before what is really expected to happen soon and at the same time penetrate $ 10K. the good trend will continue to move up and the possibility of moving up is very likely to occur in the week of the week ahead all will start when the bitcoin can penetrate $ 10K.

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Quote from: shannelcoin on May 28, 2019, 06:53:52 PM

Well we can say anything for now but hopefully we see it really in June because many speculation I read that it will drop a little bit then huge pump will come. I think observing the market is important so we always ready to this new ATH.

It is hard to say that. But I think the possibility to happen will wide open because the market still on the right way to increase. Bitcoin itself is trying to break the barrier to go up to $9000, but it seems, we need to wait for more. The price still up and down in $8700-$8800 but I am sure that soon, it will break $9000 and at that time, we will make another profit.

shannelcoin

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Well we can say anything for now but hopefully we see it really in June because many speculation I read that it will drop a little bit then huge pump will come. I think observing the market is important so we always ready to this new ATH.

LUCKMCFLY

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If the impact of new investors continues to arrive as it is, it is very likely that the price will rise to that number. With the induction of the BAKKT, these important ways of raising the price will always arise, even though the market is in a phase of accumulation.The accumulation phase is for the range of $ 6K and $ 11.5K, which goes up there means that there are many bitcoins or a large amount of accumulated bitcoins, it may be 70% of the total accumulated by the Strong Hands.

iMark

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Quote from: Oceat on May 26, 2019, 06:53:04 PM

Possible Bitcoin might hit $11,500 next month since we are already at $8700 today. Maybe at the last week of June, we will gonna see Bitcoin hitting $11,500 this year but if not then the possible price would be $10k. But let's not forget the price correction that might occur so the possibilities of hitting $11,500 this June might extend in July.

I am just trying to speculate the price according to the chart but this is not really the official one since everything would happen in the market.

Mrket conditions are indeed very good, prices rise more than $1000 in just a few days, of course rise to $11k is not a difficult thing if the market conditions remain positive as it is right now. a lot of speculation also said that the highest price on this uptrend this time would be at the price of $11k, let's wait

BitHodler

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Quote from: Reid on May 27, 2019, 04:39:45 PM

Looks like bitcoin holders are more scared with the correction by now rather than anything. Grin

We dont know when it will happen and that is why it is scary.

I'm actually looking forward to a solid correction, and not a wick that gets bought up immediately. If these wicks are the corrections, then we have had quite a few of them already and there isn't much more to expect.

I'm not sure if people are afraid of a correction because they don't want to see the fiat value of their coins go down or that they went full fomo, but it's interesting that the more bullish the trend becomes, the more afraid people get.

Quote from: Reid on May 27, 2019, 04:39:45 PM

Maybe if we could focus on pulling more merchants to use bitcoin then maybe it could be possible until the end of the year. Grin

I don't see how more merchant adoption will drive the price up on a fundamental basis. I doubt investors even care about it because most of them never had the intention to spend Bitcoin to begin with.

normanz

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I think bitcoin has not been able to reach a price of $ 11,500 but $ 10,000 is possible to achieve, and for the next two months the price of $ 11,500 is likely to be achieved.

YOSHIE

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Bitcoin is the digital currency that is always attracted by many people, entrepreneurs, governments, rich and poor, all aiming to invest in Bitcoin, time.
In this case while many people still want to buy Bitcoin, chances are for June 2019, Bitcoin can pass at the level of $ 11,500 or maybe more, if seen from current price movements.

2double0

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And there's still a bear waiting, calling himself maybe the last bear remaining and drawing his prediction for Bitcoin to reach $4200 as a nosedive before it starts teaching a new all time high.

https://dailyhodl.com/2019/05/27/crypto-researcher-selling-bitcoin-btc-anticipates-nosedive-to-4200-i-may-be-the-last-bear-left/

Tone Vays is the guy who thinks he can break the game for BTC by shorting it towards $4200. This maybe due to the reason that many Shorts lost more than $130 million in their positions during BTC's sky touching pumps.

On other hand, Max Keiser predicted that BTC could reach $28000 in short term. This shows that competition is tough on both ends and pullbacks could still take place as a surprise for all who are just watching the green candles coming one by one.

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