Bitcoin Looks Unlikely To Cross $10,000 Again This Year

[wizardcrypto]

Bitcoin has been accumulated in the dip so much by the the top Crypto and Fiat currency price action movers, Price will be pump soonest with lot of hype .this big Crypto player will make lot of noise in social media and promote Bitcoin ,this will cause  a rise above the $10000.

[3acaga]

I agree with you, my opinion is that bitcoin will be stuck for a maximum of 7000 dollars this year. But I believe that this will only benefit bitcoin - we need a deep correction. And in the future we will see our 20,000 and more-we need to wait. will be interested in bitcoins not as quick earnings, but as a method of payment.

[croptodic]

This year bitcoin's price was not in its favour. There was a lots of pumps and dumps. So it will be great if they can reach almost to $10k. If SEC accepts the bitcoin ETF than it will raise more than $10k.

[jasydoggye]

It is still too early to speculate this. Because there are still time left for the end of this year. Who knows, the table might turn and the coin just might hit the level of $10k.

[blackhawkeye1912]

The market is just warming up and preparing for a green market. For the past weeks, bitcoin is really building up momentum. Stability at $6,7000 and breaking the $7,000 resistance are signs of green market. $10,000 is a possibility now. Although we can't tell but there are signs.

[Bounty_Hunter]

I think that bitcoin may not reach $ 10,000 this year, but is does not fall below $ 6,000 and that's good

[GazorpPozorpec]

I agree with you. It seems to me that bitcoin will be a good result if it stay at around$ 6000 and not fall below.

[bungutko]

I believe that I would agree with the subject and most likely btc would surpass the $10k mark within the year. Definitely, due to the etf issue, I think this could impact the market value of btc and it will further increase soon.

[GhostKnight]

Though it may sound stupid but the speculators have got quite a strong hold of the market and as a result, the speculations regarding Bitcoin ETF might make the price Bitcoin skyrocket again and reach 10,000$ mark before the year ends. It is not impossible given that Bitcoin is already recovering fast from the recent bearish trend.

[larrybarg]

I am more than 100% sure it will cross 10000 dollar end of the year,. We saw that bitcoin price is already stable also the price will increase day by day people will now more interested to invest here so I believe it will cross it.

[Thirdspace]

the underlying value actually has some real numbers. im not talking about the ATH specualtive bubble price. im talking about the LOW support lines which are built up by the 'cost of obtaining' costs.
---snip---
no one can predict the next hype bubble speculative ATH. but you can atleast see where the bottomline can move/increment over time.

I certainly agree to that, we can see the increase of support level over time
and with this support level pushing up the bottom price, we should expect the increase of top price too
now it's only the matter on when and what reason that will ignite the bull run
I'm guessing ETF will be one possible reason that drives the price up before the end of year
and depending on people's interest and believe in ETF, bitcoin price may cross $10k level

[Velkro]

Bitcoin Looks Unlikely To Cross $10,000 Again This Year

Agree, as in all bubbles before, time before next one always is longer than before. So it was 3-4 years before, not it could take 5-6 years.
This is my bet, but you never know, some REALLY good or bad news could influence that.

[rileyhill]

Definitely it will reach more than 100 dollar, because it have lot of good project and this project also run very well. So I think end of the year it will be near about 12000 dollar.

[redrose8226]

It is difficult to predict how the bitcoin will look like. But $10k is a good price for bitcoin this year. Though market can change at any time. Let’s see what happens with the last 4 months of this year.

[cryptoVinc5599]

Well, nothing can be said for sure because it's bitcoin you know! But, I really think the possibility is indeed low that the price will hit the 10k mark analyzing the current situation.

[virendarnagpal]

Presently August is lasting.  There are still four months before the year winds up. So four months period is sufficient enough for the bitcoin or other crypto currency to cross the limit mentioned by you..  Not so difficult even.

[naturerock]

I actually think we will see bitcoin back to 20k by the end of this year.  Wall streest investors and big firms are strating to invest in crypto so I expect the demand to go way up.

[audaciousbeing]

While it remain unlikely that bitcoin price would touch $10,000, I still believe its possible before the year end. The last quarter of year is expected to be a rallying point where people would want to invest with the option of making significant return at the end of the year in other to have a fun filled festivities. Aside from that looking at the current price, $10,000 is not far away to make it seems a miracle would be needed to achieve that feat with a gradual increase in activities of the market, its very much possible and even can be surpassed.

[tonlong]

As more and more towards the end of year, many investors often take a break and look back on profits earned in the past year. They convert to cash so that they can spend on daily transactions that money algorithm is not advantageous. Even with the popularity of blockchain technology and math algorithms, middle-aged people still prefer cash and internetbank money.

[odessit1377]

As for bitokin, if I did not really want his growth to heaven so that he would break the bar at 20k, unfortunately I consider it a fantastic price for him at the end of the year even in 10k. Despite the fact that Forex has added bitcoin to a currency pair.