Bitcoin $10k Before June, Possible?

[olumyd]

It's truly hard to predict how the market moves. Everyone is saying we are up and I saw a recent news that Bitcoin is overbought, which could inadvertently turn to another market decline. Though some pundits have it that Bitcoin has bottomed out.

Can bitcoin reach $10k before June? I'm sure if it manages a rally to that new 2019 high, we could sustain it to the old ATH. If not people may despair again. What are your thoughts?

Don't think I can stand another pull back. 

[1714715434]

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[adaseb]

Nobody knows what will happen. Anyone that makes a prediction is just guessing.

Markets travel in ways of least resistance where there is profit to be made. So when everybody bought in 2017 and were sitting on massive unrealized gains, the market went against them and took those gains away.

Same with the people who shorted when $5800 broke, they were sitting on large profits at $3100 and never took profit and are now most likely going to cover at break even. When that happens it might easily reverse and take out those traders who bought at $3100 or $2500 in May 2017 when the massive FOMO started.

[Adriano2010]

Maybe yes or no, i read some news today that the price will reach 8400$ in some weeks if the price pass the resistance at 5600$ and at 6400$ or something similar, but anything is possible and holders can get a nice profit.

[ryzaadit]

Some strong resistance at around $6000-$7000, but i have some positive thinking we can break at $8000. For right now i set my target into $8000 if the situation of crypto still on a good condition at that price, i will try to evaluate my target.

[buwaytress]

Nobody knows what will happen. Anyone that makes a prediction is just guessing.

Markets travel in ways of least resistance where there is profit to be made. So when everybody bought in 2017 and were sitting on massive unrealized gains, the market went against them and took those gains away.

Same with the people who shorted when $5800 broke, they were sitting on large profits at $3100 and never took profit and are now most likely going to cover at break even. When that happens it might easily reverse and take out those traders who bought at $3100 or $2500 in May 2017 when the massive FOMO started.

Yeah, as much as I'm unconvinced that this winter is over (I think 2020 post halving is the earliest it could happen), I'll still remember that in mid-2017, no one except the wildest-eyed ones would ever dare speak of 5-figures. Of course, once 10k was breached, that crazy climb to 20k was on everyone's lips, but the point is, no point really saying what's possible because nothing isn't. No rules and different sets of realistic when it comes to Bitcoin.

I'm not sure about least resistance though. The supposedly tough technical 4400 didn't even have time to evaporate...

[omonuyak]

Maybe yes or no, i read some news today that the price will reach 8400$ in some weeks if the price pass the resistance at 5600$ and at 6400$ or something similar, but anything is possible and holders can get a nice profit.

It is still very possible for bitcoin to get to $10,000 before June this year but it might be very hard for that to happen.  Bitcoin has makes some significant push this week and last week though $5300 is another resistance that has kept it a bit reset.  I think we should be hopeful that bitcoin should recover and be on the part of progress again.

[tomahawk9]

It took a large BTC buy order and some FOMO to take the price from 4200 to almost 5300. If this becomes a trend in Q2, we could see 10k in the following months.

Don't think I can stand another pull back. 

Then I think you're better off someplace else other than the crypto market. Back in 2017, right when the bullish season hit the market, there was a btc rally with some sideways movement which took the price from 3.3k to 4.8k in like a month, euphoria and optimism surrounded the market...Guess what happened 2 weeks later? The price went down to 2.9k.

So, if you want to stay in this market, you need to learn how to deal with these massive price swings.

[shield132]

It's truly hard to predict how the market moves. Everyone is saying we are up and I saw a recent news that Bitcoin is overbought, which could inadvertently turn to another market decline. Though some pundits have it that Bitcoin has bottomed out.

Can bitcoin reach $10k before June? I'm sure if it manages a rally to that new 2019 high, we could sustain it to the old ATH. If not people may despair again. What are your thoughts?

Don't think I can stand another pull back. 

Possible?Just tell me what is impossible for this coin. Price went from 4k to 5k in 24 hour, also last year price has risen by 4K in some days. Oppositely price went from 6K to 3K very quickly. Well, there are a lot of insane moments for bitcoin so really hard to say whether it will rise or fall, it can reach 10K and even more in so short time, from april to june.

[Bardman]

In terms of possibilities, well, certainly possible LOL. I mean unless we are talking about some super crazy shit like bitcoin going to 100k before June, 10k is really nothing. Bitcoin has experienced crazy gains and crashes many, many times. It's so crazy that even it moves 3-5% within hours, no one seems to care, no one cares unless it's a 10%+ move, that's how volatile this market is.

[bitcoin31]

High chances that bitcoin will rise more than $10,000 in the month of the June. Month of the May is possible also because if we see the price now is half of your prediction and we know too that bitcoin can up high with short time

[carter34]

Bitcoin is quite volatile and if actually we are in bull already, then $10,000 in June is possible but for me, I don't really know if we have really entered the bull, if not we are going to see some delay and drop in price.

[Shinpako09]

Of course there's a chance for it. Like what we always say crypto world, everything is possible, but with different chances. If btc will continue this upward trend, we might reach $10k even this month. But then, don't forget that our expectation isn't happening for most of the time but the opposite.

[harizen]

It's truly hard to predict how the market moves. Everyone is saying we are up and I saw a recent news that Bitcoin is overbought, which could inadvertently turn to another market decline. Though some pundits have it that Bitcoin has bottomed out.

Can bitcoin reach $10k before June? I'm sure if it manages a rally to that new 2019 high, we could sustain it to the old ATH. If not people may despair again. What are your thoughts?

Don't think I can stand another pull back. 

You already mentioned it, "it's hard to predict". Therefore what will you just read here is pure speculations since different people have different views.

On price up, what are your goals? What are your purpose?
On price down, what are your goals? What are your purpose?

What Im trying to say here is, create various strategy to deal on both scenarios.

We are the ones who have to adjust on the market, not the market will adjust for us. Market doesn't care on our views.

[mrdeposit]

Maybe yes, maybe not. Everything is possible in this volatile market. Without the final increase, the majority would have said it could not be. But this increase shows that there is a slight possibility.

[BitHodler]

It should be clear by now that erything is possible in the crypto market. Better question is how sustainable is the $10k mark if we happen to hit it in such a short period of time. I don't think it's sustainable at all.

Every short term rally that we went through throughout the years has been followed up with a strong correction, and there is no reason to expect things to be different this time.

Speculators hope for a massive green candle as soon as possible, while most hodlers are perfectly fine seeing the price not go up at all, because their fiat currencies lose purchasing power every 1% that the price goes up.

[cryptjh]

It's truly hard to predict how the market moves. Everyone is saying we are up and I saw a recent news that Bitcoin is overbought, which could inadvertently turn to another market decline. Though some pundits have it that Bitcoin has bottomed out.

Can bitcoin reach $10k before June? I'm sure if it manages a rally to that new 2019 high, we could sustain it to the old ATH. If not people may despair again. What are your thoughts?

Don't think I can stand another pull back. 

10.000 is a nice round number, yes it's possible to get up there. We will get the bitcoin consensus in the middle of May, those meetings always seem to bring an uptrend in bitcoin price in the weeks or months before, so if the uptrend we are in now continues we have a possibility to get there, but it's still 2x from here, I doubt we get there in 2 months, but everything is possible.

[rizkyhiw]

All that happens unless it requires a very hard push from various people, I think it can happen to break the price of $ 10,000 in a period of time that might be suitable for future improvements, let's wait for the extent of its development because I can't with all the complexity in the market or in the media, everyone is free to speculate because this is a suitable place for price or whatever, I am always optimistic about any conditions to be consistent in developing cryptocurrency in this world.

[jhenfelipe]

Talking about possibility, yes it is possible. That's all we can say, but no one can be certain about it. Bitcoin can reach $10k again, but if when, who would know, right?

Tbh, I don't have an exact price target at a certain date in my mind. I'm more of not expect too much and just wait for it to happen.

[Questat]

If we will not dip again then I think it's possible to see that in the first half of the year.
Well, we got an increase of over $1,000 in less than a month and we aren't even sure that this month will only achieve that price as this could be more increase to come. so let's say the trend will continue, bitcoin will cross, $,6000 in the next few days, I think the FOMO will slowly get in.

So, yes to $10,000, I'm excited to see it and let's make it happen.

[figmentofmyass]

Can bitcoin reach $10k before June? I'm sure if it manages a rally to that new 2019 high, we could sustain it to the old ATH. If not people may despair again. What are your thoughts?

anything is possible. i think $10k in the next 2-3 months is unlikely though. bitcoin moves quite slow these days and we haven't even tested the $6k resistance yet, let alone broken it. chances are we'll get stuck ranging below $6k for the next several months.

Don't think I can stand another pull back. 

that's exactly why we'll pull back, and deeply too. most people seem really hopeful for a bull move so i'm guessing the market will do the opposite.