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Author Topic: BTC Price $15000 in July  (Read 819 times)
mwaqar17
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May 15, 2018, 10:08:58 PM
 #1

Do you think BTC will be able to touch $15K in the month of july? Or it would be able to recover it's price of Jan 2018. From last four months it is moving around 10K. Do you think it can cross $10K before july? Month of June is going to be crucial or not ?

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May 15, 2018, 11:35:18 PM
 #2

Do you think BTC will be able to touch $15K in the month of july?

if we break above the $11700s (where the double top was) then yes, we could easily pump $3000+ from there. lots of traders will use that breakout as a trigger to close shorts or buy back their sold BTC.

Or it would be able to recover it's price of Jan 2018.

maybe, but that's a bit ambitious. i'd say the january high of $17250 is the highest we might go before more correction.

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May 16, 2018, 02:38:56 AM
 #3

Do you think BTC will be able to touch $15K in the month of july? Or it would be able to recover it's price of Jan 2018. From last four months it is moving around 10K. Do you think it can cross $10K before july? Month of June is going to be crucial or not ?
Well, this could be possible but the way i see the market movement though it has been increasing but its increasing in a very slow movement..so im thinking 15k might not be reach by that month.
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May 16, 2018, 04:35:17 AM
 #4

Do you think BTC will be able to touch $15K in the month of july?

if we break above the $11700s (where the double top was) then yes, we could easily pump $3000+ from there. lots of traders will use that breakout as a trigger to close shorts or buy back their sold BTC.

Ok, your technical analysis rationale is sound. But what about the fundamentals. How do we get the price to get from barely over $8,000 to the upper $11,000s? That takes A LOT of good press, big buying, new hype. Where will it come from? Where could it come from?

I love your enthusiasm, I don't want to take the wind out of your sails, you're and idea man, I'm an idea man...but I can't see how we get that hype over the next 6-10 weeks.

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May 16, 2018, 04:49:35 AM
 #5

Do you think BTC will be able to touch $15K in the month of july? Or it would be able to recover it's price of Jan 2018. From last four months it is moving around 10K. Do you think it can cross $10K before july? Month of June is going to be crucial or not ?

lol no

We will still be sub 9k in July.
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May 16, 2018, 05:00:57 AM
 #6

$15,000 for the month of july is possible because bitcoin reach more than $20,000 last december 2017. But if we want to reach that price we need to buy more bitcoin and promote this coin so we can see the price like that. But I suggest too don't expect too much to bitcoin becauss they have chance the price decrease more.

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May 16, 2018, 05:37:06 AM
 #7

Do you think BTC will be able to touch $15K in the month of july?

if we break above the $11700s (where the double top was) then yes, we could easily pump $3000+ from there. lots of traders will use that breakout as a trigger to close shorts or buy back their sold BTC.

Ok, your technical analysis rationale is sound. But what about the fundamentals. How do we get the price to get from barely over $8,000 to the upper $11,000s? That takes A LOT of good press, big buying, new hype. Where will it come from? Where could it come from?

I love your enthusiasm, I don't want to take the wind out of your sails, you're and idea man, I'm an idea man...but I can't see how we get that hype over the next 6-10 weeks.

the manipulation of the bear whales has to stop for the price to start rising back up again. right now there are a lot of sell walls being placed and a lot of bitcoin being offloaded on the market to keep it there and push the price even lower. otherwise the buy support has been there and it was strong enough to bring up the price and all these arbitrary resistances such as $10k, $11.7k,... could have been broken already if it weren't for the dumps.

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May 16, 2018, 05:54:25 AM
 #8

Do you think BTC will be able to touch $15K in the month of july?

if we break above the $11700s (where the double top was) then yes, we could easily pump $3000+ from there. lots of traders will use that breakout as a trigger to close shorts or buy back their sold BTC.

That does not answer his question. I believe it is a simple yes or no question that the answer can be based on what you see in the market ar present.

Hint, the answer is no.

Quote
Or it would be able to recover it's price of Jan 2018.

maybe, but that's a bit ambitious. i'd say the january high of $17250 is the highest we might go before more correction.

Predictions are nice for entertainment. How accurate, do you believe, your prediction is? 85% accuracy?


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May 16, 2018, 06:16:56 AM
 #9

If we break above the $11700s (where the double top was) then yes, we could easily pump $3000+ from there. Lots of traders will use that breakout as a trigger to close shorts or buy back their sold BTC.
I thought that as soon as the price climbs above $ 9600, it will be easy to maintain levels above $ 10,000 but what happened was that we reached the level of $ 9900 and then the price fell to $ 8000.
The $ 8,000 seems to be a long-term stability point
So I do not expect in the short term that the price will rise but will keep these levels until something happens(LN, Regulation,...etc.)

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May 16, 2018, 06:33:22 AM
 #10

If we break above the $11700s (where the double top was) then yes, we could easily pump $3000+ from there. Lots of traders will use that breakout as a trigger to close shorts or buy back their sold BTC.
I thought that as soon as the price climbs above $ 9600, it will be easy to maintain levels above $ 10,000 but what happened was that we reached the level of $ 9900 and then the price fell to $ 8000.
The $ 8,000 seems to be a long-term stability point
So I do not expect in the short term that the price will rise but will keep these levels until something happens(LN, Regulation,...etc.)

Well its true. When everyone  thought that we are out of the woods and going to break that $10000 wall, the price suddenly plummeted again to $8000. And for most of us, its so disappointed to see us struggling now to even touch $9000 again. The only news that will somewhat push the price is the LN hype. Otherwise it will be very hard again to climb and get to 5 digit mark. So I would say No, for the month of July to even get close to $15000. Where are we getting all those fresh blood to pump the market to even break $10000?

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May 16, 2018, 06:59:10 AM
 #11

Somebody already talked about that amount to be hit by april when btc started recovering yet we're already mid may and still pretty muh struggling to breach the 10k mark. What i mean is that people will keep on giving specific figures but it'll only get some people's hopes up. I think we're still far to be thinking about 15k already

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May 16, 2018, 07:32:10 AM
 #12

Do you think BTC will be able to touch $15K in the month of july?
We have to see it beating the wall of $10,000 then next is the next barrier of higher price. Expecting this on July has a possibility but unless proven, we have to watch it out.
Do you think it can cross $10K before july?
We are speculating of $15,000 and we have some conditions but if its $10,000 for 2 months, bigger possibility.
Month of June is going to be crucial or not ?
It won't be, the past months are the most crucial.

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May 16, 2018, 08:21:38 AM
 #13

One more million dollar question in speculation board. Invest now at 8200 dollars and in July sell at 15000 dollars!!! Yes you heard it well, almost 100% profit in less then two months, you don't need to do anything, you don't need to work for your every dollars you invest you will earn one more dollars.
Do you think that this sounds like bad commercial for a very bad service that wish to trick you and take your money? Bitcoin is not that, some people present it like that, but do you really think that someone can predict price in July and tell will price be there or not?
Sadly people still create such topics, people still make brainless comments. Bitcoin is not a ponzi scheme why you make it to look like that? Ask yourself that.


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May 16, 2018, 09:28:34 AM
 #14

all we know is that bitcoin's value is currently a lot higher that the current price so it means it is under priced. and also we know that the market has shown it is ready for the rise but also it has shown us that there are other forces that don't want it to rise and will prevent it.
now it is all about how long they can keep it up...














 

 

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May 16, 2018, 09:53:57 AM
 #15

Do you think BTC will be able to touch $15K in the month of july? Or it would be able to recover it's price of Jan 2018. From last four months it is moving around 10K. Do you think it can cross $10K before july? Month of June is going to be crucial or not ?

I'd say probably not, $15k is almost double the current price and that's not foreseeable.

I think that Charlie Shrem said that May will be the last month that bitcoin is under $10k, which I simply don't think is true. I still feel like that the $10k resistance is extremely strong with a solid sell wall at the moment, and it'll be difficult to move beyond that level without sufficient momentum and support at higher levels, which we don't know currently since we're still in the process of consolidation.

I would say that more likely June and July will just be quiet, sideways movements as we consolidate after the recent fall. Nothing ultra-bullish, just yet.

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May 16, 2018, 11:06:31 AM
 #16

If you look carefuly on current situation on the market and the current price there are no indicators that the price will jump that high. So, pure speculation I would say.
On the other hand we have seen how fast price can rise or fall so everything is possible. And many say once Bitcoin crosses 10000$ again further rise will go much easier. Again there is no proof for that.
But at the moment I will call this only wishful thinking.

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Lucius
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May 16, 2018, 11:17:34 AM
 #17

If we look at previous years then I would say that 15k $ in July is not very likely. I think the next few months will not bring some great changes in price, and it will take some more time to reach 10k level. Some major changes could happen from September, since this is time of the year when investors start to pump money in BTC. Can this happen again this year or investors will be much more cautious this time? It is difficult to say at this point, and also it is impossible to predict impact of any bad or good news.

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May 16, 2018, 11:33:02 AM
 #18

June is very important in terms of price, the price is still not showing a good signal to break the $ 10,000 figure, the price still needs support from positive news as well as the market should continue to improve its pump. if prices continue like this until the end of may later, I think at the end of this year we will not see the good price as last year 2017.

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May 16, 2018, 03:29:41 PM
 #19

It is highly unlikely for the price to reach such heights especially if it's struggling to hold its ground even today, which just went under $9000 a couple of days ago. I don't see it taking off given that it's still shaky due to the trustee selling off on the market again. Also, even if all signs point out to bitcoin taking the greens, 2 months isn't an ample amount of time to do all these miracles and growth. Within this year, it can be breached again, yes, but within 2 months? That doesn't seem to be attainable.

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May 16, 2018, 03:41:29 PM
 #20

Do you think BTC will be able to touch $15K in the month of july? Or it would be able to recover it's price of Jan 2018. From last four months it is moving around 10K. Do you think it can cross $10K before july? Month of June is going to be crucial or not ?

I don't know if this is possible. We would need some clear signs that we've left the bear trend. That is not the case so far.
On the other hand it's still 2.5 months of time and we know things change fast in the crypto space. So could the price. But I remain skeptic and don't think $15k until end of july is realistic. Whales are probably playing with us for quite some more time before releasing the next bull run.
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