Bitcoin Forum

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

What is your take on it ?

Let me know!

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.

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.

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.

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. 🙂🙂🙂

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.

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

Looking forward to break that one.

Cheers

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.

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

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

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

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.

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.

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

Which means hype will grow stronger as this event come closer.   There is a possibility that we will see $15k   BTC this July.  


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.

Man, I think the user just added a 0 by mistake, they said $12k-$13500K range, but probably is $12k-$13.5K range

To stay above this level and to keep the intensity on until we make to the top prices. The price of bitcoin are pumping on the right time, and this last week of June we might see a more strong pump that can break all the walls along the road, I’m aiming for the price of $12k at the end of this week.

It has pulled back to $10800 and that kind of move is very familiar. As we observe, every time bitcoin will break a barrier, there will be a small dip that would be cost around $200 or more.

And after that pull back it will recover for awhile, this is the growth that we want. $15000 would be the next target and if that will be reached after few weeks/months, expect the same pattern, a minor pull back then a quick recovery.

I'm expecting pump by that time.

The next thing that is going to happen is that: people will be taking profits from the recent gained especially the day traders. I believe that bitcoin after little correction which might have happened maybe heading towards $15,000 landmark and by then some investors will still take profit again before another explosion towards $ 25,000.

this is just a trend that is going to be establishing $10k once again as the strongest buy support that we are going to see. if you remember 2018, $10k was one of the strongest buy supports that could not be broken without spending millions in dumping to break it by force. and now it is shaping up again. it is round, it is psychological and a lot of TA points to it being the strong support too.
the more days we stay above it the stronger it gets too not to mention that the rise to $11k solidified that position even more.

Have a long term target this year, after $11,000, bitcoin is still expected to rise.
Many experts are giving their bullish prediction now, it could be $20,000 or $30,000, or even more.

We should just stay relax while holding, we will see some roller coaster ride as it's not gonna be possible to see a parabolic move.
In short term, we will get another $1,000 + increase and seems like not even a FUD can stop bitcoin now as more good news are happening this year.

The entire community is looking for the market price to touch the $10000 margin and we've crossed the $11000 line which has given with the promise of a continued growth forward, because the prediction with bitcoin around $9000 was to reach $11000-$12000 or experience a price correction that takes it to $7500. We've attained the growth rather than a corrective fall, upon which can expect some continued growth.

Well the next will happen is the continuous growing of btc and I think no one can't stop to bitcoin now to increase, even fud news,.hopefully . It's lucky to the people who buy when btc is on dip.

They are would not be lucky if they are not smart to buy at dip.
Maybe most of us have doubt that bitcoin will recover this far, that's why during the dip, instead of filling our wallet, we doubt as we thought it would be difficult for bitcoin to rise, but now it has proven us wrong, and once again the smart investors wins the game.

Bitcoin has not start a bull run yet so probably it's still good time to buy, but those smart investors have already secured their profit as when bitcoin starts to dump, they can still sell at a good profit since they bough at sub $3,000.

Bitcoin prices were able to break the $11k mark again because of growing adoption from the masses, and it seems that Facebook coin played it’s part in boosting the crypto market. Then the second reason it’s happening is due to the event of bitcoin halving coming near, and we will see more such pumps when we get closer to this event. I’m personally expecting bitcoin to cross $12k by June end, and end the year at $20k levels.

Source: https://www.news18.com/news/tech/bitcoin-trades-above-11000-after-10-weekend-jump-2202643.html

  I am hoping that bitcoin will definitely reach $12k by this july and continue to exceed massively profitable by the running months of this year. Thus, bearishness has totally break down and bulls has showing sign to be speculated accurately. I think before tholis yer end its value will hit $25k or beyond as long as we keep optimist by its growth.

I guess we will see the same as a few years ago. It will goes to the $20k but don't dare to say what will happen after that. Maybe the same crash or just break the 20k and goes really big. just hope for the last option.

it is too soon to talk about effects of an event that has not yet happened and also it is too far away (a year in the future). so far with the previous halvings the price rise had two steps. the hyped up step was the first which happened only about 1 to 2 months before the halving which subsided and the bubble of it burst before the halving itself. the second phase is what comes next which is the REAL effects due to reduced block reward (new supply) which is a nice rally but only after the halving.

What is up next is that someone will hire us and we will push BTC to new hights :P :D :D

After Bitcoin reached the five-figure price it's still being pushed to a new price level. I guess they really want to see the $15k as soon as possible but if this will continue to be like this until it hits $15k there might be a problem in the transactions like high transaction fees and slow process of transactions. Just like what happened on 2017 bull run.

I think now the road to all time high starts. We have increased well over most of the resistance and we have shown that we have enough power and supply to break anything on our path which means we should be at least trying to get up to all time high if not even more afterwards. I know it sounds silly to get this pumped this quickly but for the past 2-3 months we have done over triple and even close to quadruple of what we used to be soon which means there is still a chance we can make it go well beyond our expectations and reach the 50k mark one day.

I know it won't happen anytime soon so I think we should take it step by step and that our first step should not be going 1k up or something but going to all time high, if you aim too high it misses if you aim too low you overpower it.

Maybe the right question to ask now is what's next after $12,000?

Yes, we just breach $12,000 now and still growing, guys you still have doubts that the bull run is here?

Yes mate, it's already breach new level and what's the next question now? For sure we will see more speculative predictions after this, more assumptions will bring more investors to fomo inside and create more pump.

Waiting for another week to see how the market will behave. Would it be possible to reach15k as early as this month?

Bitcoin is still growing rapidly so all are expect it will reach 15k soon. Because many investors are again concentrate the Bitcoin investment and many bounty campaign also slowly enter in the market so surely it will reach 15k again. But we must accept the any situation in fast bull run.

Then after a day we will ask what’s next after $13k? This is a reall bull run i guess and i believe on bitcoin sometimes i doubt but right now the best emotion is to be happy but never use it on your trading. I know some of those hodlers set their target price at $10k, then i believe its a hard decision whether to sell or hold but its better to commit with your goal and set another one after that.

I was about to say this, Lol, obviously I'm seeing $13500 before the imminent correction will happen. I have no doubt that we are indeed in a bull run session already. I mean the last lows was about $3200 so that's almost x4 already and out of the bears claw.

Btc has 2 levels in the short term which is 12k and 15k . Out of which we have covered the first level today and btc has crossed 12500$. So now we are heading towards the next level and this could continue as market is booming now.

I think we will need to prepare for the next kevel there might be a slight correction consider that the price has been up so high in a quick period of time, but all the indicators and market reaction in a good path, so maybe there will be more rising coming soon

After so long and high rise of the bitcoin price most of us expect some correction, I`m not different, I just hope that correction will not push the price back under $10k.
Making predictions about bitcoin price movement is always hard, in that manner I need to say for option number two, the price can always go higher! Shorting or longing will always be a crypto dilemma for all of us, there`s no running away from that.

It is the rule of thumb that correction follows every rally but the bigger question is when would this rally stop? Predicting bitcoin market is not as simple as predicting other commodities or stocks. Bitcoin never follows techinal trends. So we all know correction will come soon but no one actually knows when!

The people were not thinking about an idea of selling now, and as per observation of market price right now we're overtaking $11K. We're moving faster as price touched $13K - $14K bracket lately, then it's expected to climb up going to possible of $15k onwards. I will not be surprised if we're going to see $20k per btc before the year 2019 ended, because the trend was such an awesome performances.

Look at this:

https://i.imgur.com/wBvd75x.png

Pump e dump.

the price reached $13900, but in a few minutes fell $ 2000 and the price stay on $11900. This is very scary


I wonder if the current price drop can be considered correction or simple dump? I'm more inclined to the simple dump. the problem of the crypto world is the greed and exaggerated expectations


As soon as the price reached $ 13900, people started selling

As of this posting BItcoin already hit its all time high since 2018. It is now at $13000. Which left almost everybody wondering, will bitcoin sustain its green rally or will it come crashing down in red? In my opinion, bitcoin will still push to $14000 and then it will gradually go down.

everybody is looking into this possibility. You are right it cannot sustain that price for now since the past green rally was way back 2017. People would want to be forst inline the minute it will hit $14000, then tragically, if this will happen, the great fall will begin.

Theres a huge possibility that bitcoin's price will hit 19K before September if its movement will not change. To think that it increases $500 per day is really a big thing. There's a lot of rumors also that it can hit $15K to $16K this July. The problem now is that, do you thinks its time to sell or wait until finding that rumors true?

Bitcoin goes up $13900 and then go back to level of $12400 and now we are on the level of $12900 as of posting so i think there will be no major down for bitcoin not until we see the peak for this up trend. Bitcoin should go for more, and continue this up trend but if we do failed then expect the price to become stable on $10k-$12k.

I'm looking for the price to resolve itself in a more certain direction, we have a mix of both presently.

This is my very short term graph which I would not normally post as its so easy to become outdated.   However with such large market moves, its probably paying to pay closer attention then ever before

https://i.imgur.com/gP5hxX5.png

The left hand side is a triangle breakout following the price falling.  We broke up which is bullish, however Iam now watching the lower highs vs some small incline in the price also.   Again it could resemble a triangle of some sort, this is only rough drawing but that is fine for a lay of the land when trading.

I believe 12,400 is a good area to call as the result from out breakout after the fall.   Also its part of the short term lows, I would like 12,400 to hold for a bullish scenario from here to develop.    

Lets hope it will continue like this and hit the $20k within a few months.

This is the highest start of bitcoin not yet going to the moon, I have analyzed bitcoin to go to the moon in 2020-2021, they still maintain the green rail until the end of the year, so everyone stays on the train

Im surprised with the progress of bitcoin this year slowly but consistent though there are some minor correction.

At this moment the price is declining bitcoin is now $12,325, maybe some investors are taking advantage the increase and taking profit.

The 3rd quarter is approaching hoping the price will break the resistance.

I think it is not just smart to buy at the dip but smart to buy around here as well, eventually bitcoin will go up, maybe in the next few months it will go down, maybe we will see something similar to 2018 bear run but in the end we all know bitcoin goes up which means if you buy from these prices there are 2 options, either you will make a lot of profit when it goes up or at worst you will be capable of rebuying from a lower price and dropping your averages to wait for the next increase. That is why I think people are getting into crypto yet again these days, they know that even if the price goes down it won't be too much and it would create another chance and they know that nobody could lose from buying around here and the bull run or the hype whatever you want to call it is still here.

It will hit $20k, no need to doubt that. But the problem is sometimes we cannot stay calm to wait for the price to increase and we still got panic, especially if we saw the price is dump in a few hours ago. We need to manage our emotion so we can use the chance to make a profit because if bitcoin price can change in many times, we can book a big profit. The price now still at the $11k but soon, it will hit $12k back and rises higher, so we still have more time to see that will happen later.

This is nothing compared to the past.
You might have forgotten the craze of Bitcoin when it was 20k Usd.
So this time we all are expecting BTC to crosse and break its all time record.
Hope this time Btc will prove its worth.
Wish best of luck to us.

If most of those holders will continue to ride with this ongoing train and keep holding, it will bring more investment since traders will see the big potentials of more uprise movements to come, more new players will start it's interest to also join in and take their chances to earn from the market.

I'll be honest, I was prepared to sell at 10k, but I'm holding until now
It's hard to choose: hold and be relaxed or sell to buy in the dip and accumulate more BTC?