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Author Topic: Is it possible for BTC to cross 10K$  (Read 431 times)
mwaqar17 (OP)
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August 03, 2018, 08:24:58 PM
 #1

From the month of march btc is going down gradually, last month it was 6K$ and now after touching 8K$, it have moved to 7300$ again. Do you think it would be possible for BTC to cross 10K$ in the month of august?
Investment is decreased from 140B$ to 127B$ in very short time, that is a very bad sign
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August 03, 2018, 08:32:14 PM
 #2

I know every red day is depressive but personally im positive that market will soon become bullish ideally it should break 12k mark in the month of august to become bullish, lets see what comes next.

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August 03, 2018, 08:37:03 PM
 #3

The falling started mid of January.

Do you think it would be possible for BTC to cross 10K$ in the month of august?
Yes, but I don't want to see a rapid increase. I'd like to see it back there gradually too.

Investment is decreased from 140B$ to 127B$ in very short time, that is a very bad sign
About the market cap? this is the sign that many sold but this isn't a bad sign.

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August 03, 2018, 08:41:27 PM
 #4

I think it will still cross $10k mark but then it will be a gradual process. Any sudden pump is not a good indication for the market. Unnecessary speculations here and there too is a factor, I prefer it grows gradually at its own pace so the price can be sustainable in the long run. We will sure get to $10k, slow and steady is the rule.
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August 03, 2018, 08:46:25 PM
Last edit: August 03, 2018, 09:20:25 PM by ralle14
 #5

It's possible but i'm not expecting the price to rise that high during this month because it's been several months since the last time we saw the price cross $10k. My prediction for this month is that the price would gradually go up to $8k or stay within the $7k floor. The next movement is going to depend on the SEC's Bitcoin ETF decision for the remaining proposals.

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August 03, 2018, 08:47:54 PM
 #6

I know every red day is depressive but personally im positive that market will soon become bullish ideally it should break 12k mark in the month of august to become bullish, lets see what comes next.

Yes it's like brightness after dark and we are still going to correction phase before the start of bull market, just need to wait till the end of this month to see the value of bitcoin pumping up and up. I hope bitcoin cross the mark which it achieved last year.

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August 03, 2018, 10:16:06 PM
 #7

From the month of march btc is going down gradually, last month it was 6K$ and now after touching 8K$, it have moved to 7300$ again.

have been very agitated months and with enormous losses

Do you think it would be possible for BTC to cross 10K$ in the month of august?

it will be possible only if ETF is approved

Investment is decreased from 140B$ to 127B$ in very short time, that is a very bad sign

if we take into consideration that many people are selling their Alts to buy bitcoin because of a possible ETF approval, then these127B$ can be considered a lot. It seems to me that fresh money is not coming into the crypto world.

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August 03, 2018, 10:20:08 PM
 #8

Really possible to up again to 10k dollars for this month just relax and need cooperation to see the price like that.
Don't worry about the price if it's down to 7300 dollars because it will up again to 8k dollars this day or next few days.
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August 03, 2018, 10:30:52 PM
 #9

Of course it is possoble. I'm optimistic that we can see $10k again in the following months. Others saying even without ETF we're going to have a rise and cross $10k. Hope that was true and not the opposite thing will happen.
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August 03, 2018, 11:05:23 PM
 #10

It is very possible for btc can cross to $10k. Although the situation in the market was long to reach the price I still believe their is good movement occur in bitcoin. So hopefully in the coming months price could cross to $10k.

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August 04, 2018, 04:54:42 AM
 #11

See for everything we have to wait patiently because we don't know how long it will take but surely Bitcoin has the ability to increase it's price more than 10000$. See in trading sometime to reach higher value it will take but at the same time as a trader, we have to move along with the market.
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August 04, 2018, 07:42:40 AM
 #12

From the month of march btc is going down gradually, last month it was 6K$ and now after touching 8K$, it have moved to 7300$ again. Do you think it would be possible for BTC to cross 10K$ in the month of august?
Investment is decreased from 140B$ to 127B$ in very short time, that is a very bad sign

Keep your hand tight cause when it reaches 10k$ it will really be fast to go back to ATH. Investors are now accumulating the dips from this situation and what do you think they will do? ofcourse they will hodl it and if the market noticed supply of bitcoin is decreasing this will make a huge price of bitcoin. I wonder until when it will happen. But the new news spreading about the biggest stock exchange entering the scene will also add up to possible pump. More good news are expecting to come on the following weeks.

Yeah I wouldn't expect it to linger around the 10k level for very long. There's probably more people waiting to cash out at that level and it'll bounce back down as soon as it gets up there. But there would probably be a second run at it and perhaps it'll stay above it for a while.

It's still trying to find a reasonable price range after that shooting up so high last year, so I wouldn't be too worried if it bounces around a bit. Money will continue to flow in and out of it. Because the market sentiment is overall quite positive, I wouldn't be worried about any short term dips.
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August 04, 2018, 07:56:10 AM
 #13

$10,000 by the end of August? Hopefully but I wouldn’t bet on it. Possibly unlikely but we have to start a new upwards trajectory at some point so who knows. The trend always changes eventually, these things go in cycles.

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August 05, 2018, 04:38:38 AM
 #14

From the month of march btc is going down gradually, last month it was 6K$ and now after touching 8K$, it have moved to 7300$ again. Do you think it would be possible for BTC to cross 10K$ in the month of august?
Investment is decreased from 140B$ to 127B$ in very short time, that is a very bad sign
I find the question a bit silly. Like tomorrow ? Probably not. In general ?
I would be shocked if bitcoin didn't passed $20k let alone $10k. I believe it will be $100k one day for sure, just don't know when, maybe in a year, maybe a decade.

It looks like we are having a bad year and we have been through some rough patches however I know bitcoin is still strong and valuable and I think the moment we get rid of these whales trying to play with bitcoin like its toy for them and make loads of profits, we will get back to initial original sentiment for bitcoin and at that moment bitcoin and bitcoiners will remember why it was created to begin with and we will be alright.
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August 05, 2018, 05:50:51 AM
 #15

I think the moment we get rid of these whales trying to play with bitcoin like its toy for them and make loads of profits, we will get back to initial original sentiment for bitcoin and at that moment bitcoin and bitcoiners will remember why it was created to begin with and we will be alright.

i think this is the biggest problem that we are facing these days. the manipulation at critical times. someone doesn't want the price to rise and they are doing all they can to keep it down.
i don't think we can get rid of whales ever, they are making a lot of money and will continue getting bigger only. the only way to fight them is to create a bigger market so that their size compared to the whole market don't matter anymore.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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August 05, 2018, 06:17:58 AM
 #16

From the month of march btc is going down gradually, last month it was 6K$ and now after touching 8K$, it have moved to 7300$ again. Do you think it would be possible for BTC to cross 10K$ in the month of august?
Investment is decreased from 140B$ to 127B$ in very short time, that is a very bad sign
This is very possible because Bitcoin has grown to this day. Although the price of Bitcoin had experienced a decline, at the moment I think that the price of bitcoin is already at a fairly stable rate. The price of bitcoin is very possible to again experience an increase again, it is all based on the growing number of Bitcoin users and more abandoned currencies. This must be maintained and if it can last for some time then I am very confident that the Bitcoin Price can reach a much higher value than $ 10k. This is not an impossible thing because Bitcoin will always show the magic of depth at all times.
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August 05, 2018, 06:33:24 AM
 #17

Bitcoin getting to 10,000 USD is possible to achieve by the end of 2018 but trading above 10,000 within this year is something I think is not possible. Looking at the numerous uncertainty surrounding bitcoins now and the bearish nature of the market, it won't be easy for bitcoins to cross 10k$ now.
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August 05, 2018, 08:21:50 AM
 #18

The current dump unexpectedly happen in market so again it will going to peak soon. This is the right time to invest on Bitcoin and altcoin because all the coins are down in market so we should buy know this will make huge profit on future and lot of investors are panic to invest in crypto platform but who believe the Bitcoin they are all earn huge profit.

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August 05, 2018, 02:12:31 PM
 #19

Still any chances, but it needs trigger that can boost up demand on the market. Currently, market was going to negative trend because of rejection ETF, based on past experiences Bitcoin always getting hard to bounce back while investor has been out from the market.
So my prediction BTC can cross 10k$ in November this year.
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August 05, 2018, 03:33:28 PM
 #20

The current dump unexpectedly happen in market so again it will going to peak soon. This is the right time to invest on Bitcoin and altcoin because all the coins are down in market so we should buy know this will make huge profit on future and lot of investors are panic to invest in crypto platform but who believe the Bitcoin they are all earn huge profit.

It's always a tricky situation to buy the dip, especially because of how the mainstream media likes to hype things up.

CNBC nearly two days ago pointed out that the NYSE & Starbucks development would push the price higher and that it was a good moment to buy the dip, which was around $7400 that day. Today we see how much of a good moment that dip was with how we have fallen below the $7000 level and we might go even lower.

CNBC has been the perfect counter indicator on so many levels, that it's almost surreal. The price has always gone up when they were bearish, and gone back down when they started to get bullish. Classic example of how they don't know anything about this market and how good news has zero effect during a bear market.

Only buy if you are planning to hold for the long term. If you are betting on short term gains then stay away.
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