Bitcoin Forum

due to the big support that bitcoin get near 6000$ the general trend goes up to 10000$ then to 11700$

https://www.mql5.com/en/charts/8608032/btcusd-d1-ingot-brokers-australia (https://www.mql5.com/en/charts/8608032/btcusd-d1-ingot-brokers-australia)



this is only technical view ........

That was possible but i guess it take a few years before the price climb in that dollar. The crypto or btc is just becoming popular now . So this could be the start of new company, new biggest investor, and rising of economy of online digital currency

if you check the price chart it was there (11700) on march 2018

Possible expectation since the little bull run cames and the market cap is getting more bigger and more better unlike those past months when all of the coins are in dumping stage. But we cannot see it on april since this month is nearly at end but maybe on next following months we will see some huge run that can make bitcoins reach for 11700 USD and beyond.

if i see later, bitcoin will reach $ 13500, because there is double valley, so after reaching that price, bitcoin will experience price correction, which we can later use to buy back before price of flying

i think breaking this big resistance will lead to new historical prices 20000$

I do not understand anything, does this charts seem to indicate a fall or am I seeing wrong? whatever we are going to be patient that the price will rise, now we are waging a great war bitcoin vs banks, the winner of this war will dictate the rules in the future, bitcoin has a chance to win this war. because the world is looking for the technology to be able to evolve and consequently it will be inevitable to accept bitcoin and altcoins in the future


for people who bought in the $17000, to see the $20,000 again will be like a dream come true

this chart showing that the down trend has been broken and we started new up trend , its a technical analysis rules ......

yes i think this aria of prices is very sexy to the investors and can bring more volume to the markets

Yes it is possible the bitcoin price could reach $ 11700 could even be more than that number, because I think nothing is impossible in the world of bitcoin.

I'm hoping that the price will climb to that level $11,700 and hope that we can get a strong buy supports but we can expect a resistance as those who bought at the dip will dumps and get their profits as this is normal in this technology.

The prices of bitcoins started to recover which is a good sign in the next quarter there are chances for the price to hit $ 25000 USD and it will continue like that, now the current rate is coming around $ 9000 USD right to invest as this could high with a huge rally in the crypto market. The price of bitcoins determines the price  variations of other alternative crypto currencies. Even though alternative currency are an updated version of the original crypto currency bitcoins it cannot be compared with bitcoins as bitcoins have more demand and more users in the crypto market.

as i said before  breaking this big resistance will lead to new historical prices 20000$

Before reaching to 20000$ it should break a lot of barriers, many market researchers are expecting there is a huge bounce in Bitcoin price but it should break all barrier step by step and continuously it cannot increase the value.

This is a very optimistic prediction. But more conservatively, i would say that yes bitcoin prices will shoot up as the quarter goes forward. But i wouldn't say it would go as high as 11000. I would ssy 8000 USD max. I mean if I'm wrong then that would be nice that the prices will be more than 8000, but I'm right, 8000 isn't a bad price to have. It's really a good time to buy coins now. But after everything settles, i hope we all come out of it as rich people.

Obviously at very critical levels of bitcoin current position in the direction of technical analysis If we think about the accuracy of analysts of technical analysts, a downward trend from here to return can make us very difficult, but from here upward movements strengthen bitcoin.

Yes, it is possible the bitcoin price could reach $ 11700 could even be more than that number, though  before experiencing a much higher value cryto or bitcoin will go through rough way as we all know that bitcoin or crypto value is really volatile and we cannot change that fact. 

Of course bitcoin already bottom at $6500 so its only make sense to go up. However, going to $10K is different, we may see some resistance so its going to be very difficult as compare to lets say getting to $8K-$9K. So let's see if this bull run will take us to $10K before we can talk about $11700. Right now I have seen some corrections already, as the price goes to $9200-$9300. I'm not saying that we will going on a downtrend already, but it seems that we need to go to certain corrections before getting to $10K.

I think that it can even go down, where it is up to $ 3000, and then there will be growth. In general, now the market is too listless, I think we should wait for autumn.

For me that's not impossible to achieve as everything is going well now with Bitcoin. Specially the website banning is reviewed hope all turns good for Bitcoin and a lot is upgrading to blockchain. Cryptocurrency will be phenomenon, according to Tech Billionaire Tim Draper. We all see that how internet change the world. How much more is Bitcoin. I believe in it and $11,700 is not impossible to reach. Last year December it reach $19,000 how much more is $11,700. So excited what will be the last price of Bitcoin by the end of the year.

Dont believe we will see price going down not any time soon. Now with this stable price increase think we will see bitcoin recovering to over 10k after it was ATH. This could mean that we might see this year as good and stable and if somehow we see this 10k in next month or two this could be major step, after last year ATH peak. Mean that they are still people who believe in crypto and bitcoin and that is good for global market in general.

I do think this is a very likely and modest estimate,I know your view is only from technical analysis.Leading experts in the cryptoworld and fiance are predicting bitcoin to hit at least 20- 20 K USD by the year end 2018.

my expectations that the price of bitcoin will be more than 20000$ at the end of this year , as long as the US dollar is going down from the bad politics policy

Some predicting bitcoin to hit $20k is a very possible for bitcoin. Heading towards to $11700 might reach this following weeks. Let's see and check the prices if this will achieved but everything will take place to hit the amount.

Aaaand it's back to sub-$9k. Calling it too early, oftentimes thwart the projected growth from TA because some traders would surely divert the course of the price in order to satisfy their agenda. We've went under 100-DMA right now though the price seems to be in a good place still, and no signs of strong bearish presence could be found anywhere. This could be a small needed correction since we've been in a continuous rise since last week. I couldn't see us going back to $6k in the coming weeks given the strong supports placed right now, though still the possibilities are endless.

Im thinking that before the end of this month of April and rise will occur at 10k to 12k this might not be enough for many investors but this is way better than a dropping price we hope that the price continue to go upward and i hope people will see this as a good sign and will stop complaining because the price did not meet their expectations. This price movement nowadays is very good for me and for those new comers who bought their bitcoin during the month of february are really in the moon now because they bought at lesser price and it is now profiting with the constant  positive price increases. Good decision for buying at the depression time.

Price is declining as of now let's just observe if there's going to be some poster that bitcoin is a bubble or dead or some articles that comes from nowhere, Think of it as minimal market corrections or some folks trying to cut their losses from the declines last month, it will totally be going to recover and break the resistance of 10,000 USD, we've been through a lot of dumps and losses so this one would not going to trigger the panic sell, just hold guys let alone those weak handed.

One word for the last 24 hours, FOMO. I was starting to get worried about a similar situation as last year, but it feels good that the market didn't push through further ~ it's better for now that it comes back down.

I didn't look at the price for a while, then when I did, it hovered slightly below the $9000 mark, where yesterday late evening a co worker texted me that the price is very close to the $10,000 mark suddenly.

I know what this market is capable of, especially after last year, but having these increases only indicate speculation and FOMO, which I hoped for to not see again for a very long while. Those who cashed out, good for you. :)

I missed the opportunity because I on purposely ignored the market.

I have my own point of view too and it will take a month before Bitcoin reach that price due to my observation in the past few weeks Bitcoin is taking it slow and not by some hype on something. Traders seems to be playing a lot in the market and the prices of almost altcoin are rising too day by day and i think this is it, we are already done with the bear season but i wouldn't really get my hopes that high since the market is always unpredictable.

I hope that it's quite possible for bitcoin to reach that price if it continues to move in this uptrend.Bitcoin price has been struggling in the range of 6,000 dollars for a long time and this is really a good sign for bitcoin.But there should be no more FUDs in the market affecting bitcoin price.

Bitcoin is full of surprises , he is going up really fast and then it goes down faster then it goes up . I have no idea why is this happening but i can tell you that bitcoin will hit 11.000$   in a  short  time  . And by the way , i dont think that bitcoin will go back to 6000$ . I can not wait  wait to see bitcoin  at 11700 $,. When bitcoin will hit that value i hope he will never drop again .

Some of my friends buy bitcoin above $11,000 and bitcoin going up to above $11,000 will be a welcome development. We are not going to achieve this in just a push but little by little we are going to go over that level.

We have seen lots of falls in the price and now we are looking upwards in the price. I guess that it will reach to 11700 dollars very some may be in the next two months, but anything could be happen because the price is so volatile that the predictions often misguide the people. I am looking for more growth in the price because of the rise in price today.

You didn’t mention the expected time for that limit. I think that 11700 dollars is not too far and bitcoin will soon catch this limit. It depends on the investment ratio and now the price is increasing day by day and I am sure that with the huge cap of investment the price will grow more and more because it already reached to 9000 dollars and is increasing more.

I wouldn't say that it's big support. There is some support at $9k right now, but doesn't mean that it can't be broken through if bitcoin doesn't make a move upwards soon. And that is the problem, in my opinion. The market has no upward momentum, and we just retested $10k with no avail. There is a huge chance that a pretty big correction is coming.

Of course, I'm not saying that $11700 is impossible. But it's unlikely, and even if it happens, it would be around the ceiling of this rally.

I'd bet on bitcoin finishing the year above $10k, potentially even above $12k with strong support at the 5 digit level. But right now I think we're still trying to consolidate at lower prices instead of moving up too much in a short period of time.

It is good that US dollar is losing its value and due to this bitcoin price is increasing. It is the right time for new investors to invest in bitcoin because the price is growing more and more and then can make handsome money from bitcoin. I also think that the price will reach to 20000 dollars till the end of this year but it is not sure because downstream is also there.

Yeah its good to invest right now while bitcoin was really establishing its value, but I don't think other people has that mindset at first because FUD still hiding its black plan to take down bitcoin economy. The dark side is through fake news and other rumors which uses bitcoin to scam people in a deceiving manners. That's why the current price of bitcoin wasn't rising so far, and as of the moment we haven't pumped so high due to stabilized price with minimal fluctuation. Its more like in a game we don't know when will be the score hits hard, but were confident enough to stay and wait for the best shots.

I hope that we can see that we've seen a great bitcoin sign in which it's going to grow so it's possible to hit the $ 11700 we expect.

I guess that June will bring us this price. Bitcoin might cost even more: we just need not listen to FUD ever and do not believe bad news told us on TV.

I am also sure that in that month we will see a lot of positive steps in the value of bitcoin. There are many expectations in the month of June that after that month the price of bitcoin will rise to a highest value. There are some periods in the year when we see a good rise in the price of bitcoin and June, July and August are the months of them also so in these months we will see a continuous rise in the price of bitcoin.

There was simply no momentum to push bitcoin above $10k. There is also a pretty big resistance at $11k from historical data that we have. So I don't think that we're going to be seeing the levels that you're predicting any time soon.

I believe that there is still some time to go before we find the true bottom.

$6k may seem like support right now, but there is every chance that we're falling through that and consolidating at lower levels. That being said, I doubt that it's going to be anything less than $4k. But the current ceiling at $10k seems to be extremely strong and a bullish breakout in the short term is therefore very unlikely.

The thing with this market is that it does the opposite of what people expect, and when we do come close to that important $6000 mark, the mass thinks it will break, but the price will likely bounce back up.

Current price is close to fair, and if we do manage to keep it above the $7000 mark, it will help increase people's confidence from where we potentially might have seen a new bottom form.

I however can't rule out the possibility of another $6400 test, and if that level turns out to hold, we might bounce back up for ever. The coming few weeks will prove to be very important for the market, that's for sure.

Well hopefully their is a signs of price to starts of a bull runs trend. Yes it is always possible for bitcoin price to reach $11k or more. We're just more months before this year ends so many changes come along.

I don't think is possible for bitcoins to go to a price of 10,000 USD anytime soon. Looking at the current price of bitcoins. It is clear that the true value of bitcoins is not up to the 17000 price we witness last december.