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Author Topic: Is there is any chance to hit Bitcoin 11k ?  (Read 382 times)
btcrich2020
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April 30, 2018, 11:25:23 AM
 #61

I think bitcoin will definitely hit $11k and higher levels, but not so fast. It needs to break $9.8k first and then to rise above $10k, which may easily take weeks.
I am not sure because May is likely the mid of the year and big institutional investors will make their budget for the next year. So it is hard for the price to reach to $100k in the next month, besides $10k is possible. But there is no doubt that bitcoin price will reach to $11k and will be more than this level till the end of this year. just wait for some more time.

Still, we don't know how long it is going to take for reaching $11k but from the recent week already Market cap is kept increasing so in the coming days the market cap will increase even higher. Chances of reaching $11k are very easy but to reach $20k it will take more than 1 year.
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April 30, 2018, 12:21:52 PM
 #62

I think it may happen, but right now the bitcoin is still in deep correction so we'll see the next few weeks how the market will move, but we also need to worry if the bitcoin will go back to $6k again because that is very likely due to fluctuations the bitcoin price is huge.
There is sure still a chance if we are able to get past the $10k. It seems a lot of people are really looking forward to this $11k like it means a lot to them anyway. I believe only time will tell if this would be something we will get to see after this corrective phase we are in and by then, we can now know if this is a possibility or not. However, I believe some goodies are really coming up for the market though.

I am not sure because May is likely the mid of the year and big institutional investors will make their budget for the next year. So it is hard for the price to reach to $100k in the next month, besides $10k is possible.
While making budget they also must plan for cryptos too as part of their budget hence there will be plenty of possibilities to have continuation of bull run in this May month too. This bull run will definitely will take bitcoin prices to some new ATh too.

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April 30, 2018, 01:10:10 PM
 #63

I think it may happen but not over a week, it will happen but not that fast. Price is increasing and hoping it will continue and if it continues there's a possibility for bitcoin to hit 11k.
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April 30, 2018, 02:56:07 PM
 #64

Yes, there is a big chance especially these past few weeks we see a green with bitcoin means it is increasing again, so hopefully it will continue to increase and maybe after a month or 2, we will see $11k again or more than that.



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April 30, 2018, 03:04:27 PM
 #65

Bitcoin will reach 11k on weekends probably will not happen because seeing bitcoin prices is now still very far away to reach it. To be able to reach 11k will take a longer time, it may take months. Moreover, seeing bitcoin prices now tend to be unstable even always down, so I think it will be far for bitcoin can reach 11k.


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April 30, 2018, 06:26:48 PM
 #66

as of now Bitcoin is struggling to cross 10 thousand dollars once bitcoin cross 10 thousand dollars we can expect to see 11k and 12k respectively
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April 30, 2018, 07:41:49 PM
 #67

as of now Bitcoin is struggling to cross 10 thousand dollars once bitcoin cross 10 thousand dollars we can expect to see 11k and 12k respectively

Why is it always Bitcoin is struggling with this or that level? Why can't the market just consolidate without having any incentive to increase further? It's safe to say that the majority of the people here are so spoiled with increases and volatility, that there is no room for stability. And when we finally have some level of stability, people say Bitcoin doesn't grow anymore and its popularity has decreased, which is utter nonsense. Let the market do what it wants. If the direction is down or consolidation is the most that we can expect, then so be it. Eventually we'll smash through that $10,000 level again, it's just a matter of time....
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May 01, 2018, 10:34:10 AM
 #68

it's impossible to do that because we saw the good bitcoin sign in the last months and hit by 11k it can hit it even though 20k can be reached, so do not waste your hope for bitcoin because it would have a great profit.

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May 01, 2018, 10:50:45 AM
 #69

Bitcoin is now on up trends . What you think , Bitcoin will hit 11k by next week end? I think so . At least Bitcoin  should cross 10.5K by next week.
It is already May 1 now, the speculations of Price reaching to 11k  was not actually realized. But even though with this Im quite positive that it will this month of May I can say so because the price is in constant increase and this is a very positive movement of price.
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May 01, 2018, 10:58:01 AM
 #70

Yes, we have a chance. Slowly but sure, we could see 11k for each Bitcoin on this year. Just like last year's trends, that on the first quarter of this year we have seen some trainwreck moments and bad news about it. But it is just a trend and we could see a rise soon.

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May 01, 2018, 11:18:00 AM
 #71

I think this is very possible and we are heading towards that. This week hold a lot for bitcoin and other crypto currencies I think we are close to that now and the next positive trend may break $9500 significant levels. The next point that I think may create limitations is $10200 area and once this resistance level is break we would have  a less stress breaking $11,000.

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May 01, 2018, 11:32:39 AM
 #72

That's quite realizable this year because as we can observed, bitcoin's base price is already at the 9K$ mark. If it breaks some resistance this week or to the next, then 11K$ is very achievable before this month will ever end.

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May 01, 2018, 12:14:45 PM
 #73

I'm convinced this will happen. Bitcoin price will reach 11000$ and more but is the question of time. Sometimes things don't happen when we want them and how we want them, so patience is needed.
At the moment it looks like the price is going back and forth all the time and so we might get the feeling like the price is stuck but this will not last forever and sooner or later the price will move from the dead point forward.

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francedeni
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May 01, 2018, 01:19:51 PM
 #74

I think this is very possible and we are heading towards that. This week hold a lot for bitcoin and other crypto currencies I think we are close to that now and the next positive trend may break $9500 significant levels. The next point that I think may create limitations is $10200 area and once this resistance level is break we would have  a less stress breaking $11,000.
I think once bitcoin hit $10k a big chances for that to $11k. Though it is very possible actually but in an only a week it might hard for that. Let it take to reach first to $10k so we can say a certain period on this market.

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May 01, 2018, 01:20:07 PM
 #75

it's impossible to do that because we saw the good bitcoin sign in the last months and hit by 11k it can hit it even though 20k can be reached, so do not waste your hope for bitcoin because it would have a great profit.

100% it will reach to above 10k this year itself and should even break the last year record of 18k and rise above 20 k. Though in next couple of months if it remains above 10k so the next half iof the year we can expect a multi fold returns from bitcoin as last year withtin couple of months we saw a huge rise to happen.

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May 01, 2018, 03:04:53 PM
 #76

Remove the word chance as it will definitely go upwards to 11K USD the problem is the strong resistance between 9,000 and 10,000 USD as well the market corrections that made the mini bloodbath to the cryptocurrency price, it will definitely recover in the short run cause we have a long journey towards the ATH, I'm not going to call this a bull market cause the last January price was 15K not mentioning the last quarter price last year which is the dream price.

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May 01, 2018, 06:51:07 PM
 #77

Bitcoin is now on up trends . What you think , Bitcoin will hit 11k by next week end? I think so . At least Bitcoin  should cross 10.5K by next week.

If $10k is hit, then I'd say that there is a pretty big chance that we're going to see $11k very soon.

However, the resistance at that zone is very strong as well, and we don't know if we are able to breach that level within the week or not. We already saw yesterday that prices went down under $9k following the huge pump up to around $9.5k, which is where it adjusted. Bitcoin might see a pretty sizable correction if we retest and fail to reach the 5 digit mark.

So I'd say that there is every chance that bitcoin will hit $11k by next week or w/e, but it solely depends on whether this pump keeps going and breaks through price resistances, which is entirely unknown at the moment.
Yeah, The only resistance that is actually going to stop us from hitting 11k is 10k and the only thing stopping us from hitting 12k is 11k. This would be some pretty big resistances to watch out for anyway as we keep going further when the market retraces from this correction. I am still very doubtful that we can get anywhere near 12k, but anything that surpasses it would obviously result to a big rally but there is just this feelings like it is pretty much too early to ask for.


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May 02, 2018, 01:55:02 AM
 #78

Bitcoin is now on up trends . What you think , Bitcoin will hit 11k by next week end? I think so . At least Bitcoin  should cross 10.5K by next week.
We were all hopeful that it coukd reach 10k before the end of April but it did not reach that price. Eventhough I strongly see a good pattern of pricr increase since early April and if the price continues to increase by the daily basis I think we could reach 12k  by the end of this month of May.
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May 03, 2018, 07:22:22 PM
 #79

Bitcoin Value is currently gathering momentum for the next upward movement which may likely hit above above  $11,000 before end of this month is all our expectation and probably move above  $20,000 before end of December this year 2018.

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May 04, 2018, 02:44:42 PM
 #80

it's impossible to do that because we saw the good bitcoin sign in the last months and hit by 11k it can hit it even though 20k can be reached, so do not waste your hope for bitcoin because it would have a great profit.
I agree, and I guess it is worth to buy bitcoin today, maybe bitcoin has just a struggle to go up but I think there is some reasons behind it, we all know how much bitcoin price will it be, but I am sure that bitcoin will still go up more than $11k.



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