Bitcoin $10k Before June, Possible?

[mace15]

Indeed, the price is really hard to predict but I think it will takes time to reach $10k not before june. Since the market condition lately has not showing up to rising price. It could possibly to hit $10k this year so still a lot of changes could happen in crypto.

[Natalim]

Indeed, the price is really hard to predict but I think it will takes time to reach $10k not before june. Since the market condition lately has not showing up to rising price. It could possibly to hit $10k this year so still a lot of changes could happen in crypto.

What I understand about unpredictability of crypto is that price could dump or pump, therefore if the crypto is bullish, $10,000 would not take
a lot of time to achieve. with 1 month that is possible, we are half of the price now, if some coins can pump 100% in a day, BTC should not be underestimate, I give my opinion that it's possible before the period stated in OP.

[Farma]

Indeed, the price is really hard to predict but I think it will takes time to reach $10k not before june. Since the market condition lately has not showing up to rising price. It could possibly to hit $10k this year so still a lot of changes could happen in crypto.

in fact it all depends on the circumstances that can occur in that month. I think the price of bitcoin does have the potential to reach high prices in the middle of this year. but, I think the price of $ 10k is indeed too high to expect.

[Bagaji]

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. 

I don't believe the school of thought that say Bitcoin is over bought because many of this believers are out to create FUD so that they will be able to buy at the cheaper rate. Bitcoin market value reaching $10,000 by June is a possibility but am not optimistic about this prediction of Bitcoin reaching the said amount by June this year.

[Sanitough]

Indeed, the price is really hard to predict but I think it will takes time to reach $10k not before june. Since the market condition lately has not showing up to rising price. It could possibly to hit $10k this year so still a lot of changes could happen in crypto.

in fact it all depends on the circumstances that can occur in that month. I think the price of bitcoin does have the potential to reach high prices in the middle of this year. but, I think the price of $ 10k is indeed too high to expect.

It is high if we still have doubts, we are in April now and if bitcoin continues to increase, we will see $6,000 soon.
Just think of the price increase because in bullish market, price will do increase, if you think of a possible dump after what it has achieve lately, then it will be hard for bitcoin to reached $10,000 by June this year. 2 months is more than enough time to reach that level, considering whales will support the pump as well.

[Indrawan77]

If all us got the same mindset then it's possible, when we work together we already got the 20k price in 2017 but what for if the rising is so high then it will got a big correction, its better just let bitcoin grow slowly and steady, so the price won't got a huge pull back and causing a lot of despair for the investors

[Oasisman]

Predicting Bitcoins price is the most hardest part in cryptospace and its also the main concern for everyone who engaged as a form of investment. As far the market and prices are concern, there will always be a manipulator or the whales as we address them, and they are those individuals or group who have a very huge crypto asset, that it could literally move a certain coin's price once its purchased. I think they are the ones who initiate a bull run. I could be wrong here but thats something that I believed. Neverthless, positive news and innovations are also a great factor in the market price.

And with the current market condition these days, I guess $10k before June is still far out of reach.

[carlisle1]

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.

They might be right that the almost $3k is the bottom thats why some confidently saying that bullrun is already here though for me waiting is another thing to expect today

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?

We all know that there is no impossible for bitcoin and we have already saw rhe highest of 20$k year ago

Don't think I can stand another pull back. 

If you cannot stand another full back then better full out your investments and never comeback here as weak dont need to be here

[Wexlike]

Predicting Bitcoins price is the most hardest part in cryptospace and its also the main concern for everyone who engaged as a form of investment. As far the market and prices are concern, there will always be a manipulator or the whales as we address them, and they are those individuals or group who have a very huge crypto asset, that it could literally move a certain coin's price once its purchased. I think they are the ones who initiate a bull run. I could be wrong here but thats something that I believed. Neverthless, positive news and innovations are also a great factor in the market price.

And with the current market condition these days, I guess $10k before June is still far out of reach.

One day Bitcoin is breaking out for the next leg higher, and the bull run has begun, two days later, the sky is falling, sell now and buy lower. You have to be kidding. The best was one group I follow on Facebook as a sentiment indicator, who sold recently and is posting "where are you adding next, I have my levels, where are yours?" Ohh brother. You think the market cares about your levels? What if it doesn't get to your levels then what?

First if you are trading that is it, fine. You are all in, all out, and at the end of the year, you made 10k, you pay your taxes on it. Fair enough, I trade, I know many that trade, and that is pretty much the strategy. Yet investing is different. If you are long term and looking to hold for the long run, or a significant level like $1,000,000 than does it matter if you bought at 4k or 5k? I know, that is not my call, Wences Casares of Xapo CEO and a director of PayPal gave it at least a 50% chance of hitting that level in 7-10 years. Hey who am I to argue with him?

Sure I think it is a moonshot, I really don't have a 7-10 year target, but regardless in the next 3-5 years I believe it will be higher. Maybe 50k who knows, I remember Lennart telling me back in the day when it was $1 the thought of it hitting $100 was crazy. I guess 20k was ludicrous! One note "don't push against a bull market".

[Wayan_Pedjeng]

Although it is a very difficult target in such a short time, I believe that it is very much possible. But everything will depend on 2-3 factors, and the first one is obviously the proposed Bitcoin mining ban in China. If China raids the mining farms or arrest some of the miners, then it can definitely have an impact on the exchange rates (either a positive or negative impact).

[passwordnow]

For 2 months? we saw bitcoin pumped with a $1000 increase within few hours so until June if same pump would come before June, we might see $10,000 before or by June. Bitcoin has a very unpredictable behavior, we may see it pump exactly as OP predicted.

[aysg76]

For 2 months? we saw bitcoin pumped with a $1000 increase within few hours so until June if same pump would come before June, we might see $10,000 before or by June. Bitcoin has a very unpredictable behavior, we may see it pump exactly as OP predicted.

Well for the closest target we can expect pricing up to 7-8k$ after seeking the current rate of growth of the coin. However, 10k$ is not too far but I don't think that would be happening in such a short span. But bitcoin is such a volatile currency that anything could happen anytime, so lets wait future brings to the coin...

[Fortify]

People usually put some evidence, research or projections when they put forward a random prediction. Is this just your feeling, do you have any logical thought process to your prediction? I can't see why it would raise that much by June in particular

[Pearls Before Swine]

Everyone is saying we are up and I saw a recent news that Bitcoin is overbought

Bitcoin is not overbought yet, considering that its value just broke through the $5000 barrier in the past week. 

If the trend continues at the rate its going, it is very possible that bitcoin could bust on through to $10,000 by June.  Does anyone really want it to, though?  If it does then you could say definitively that it was overbought, and it would not be likely to stay at that level for long.  Bitcoin would drop like a stone, reminiscent of 2017 when it hit $20,000. 

Slow and steady not only wins the race but is good for bitcoin.  I am not hoping for such a meteoric rise.

[crossabdd]

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.

for me bitcoin price will be down after Julian Assange get arrested, thats make bitcoin price down. of course we cant forbid to using bitcoin, because bitcoin is decentralization but we must  make a good image for bitcoin, dont use bitcoin for illegal activy.

[senne]

$9k before June is more than possible. There was one post made in January this year. In that post the OP wrote about the price predictions for this year. He predicted price of $5300 in April and he can't be more correct. His prediction for June is $9300 and I am hoping the same. Let's see where it goes. If that happens, his year end prediction is $84000 for BTC. 

[LimLims]

There is nothing in the world that is not possible.
I mean the word itself says I m possible.
Okay nevertheless you need to know that why and when the price of Bitcoin increases or decreases in order to know about the future predictions.
IMO if more people buy bitcoins or i mean invest in it,  then surely the price will rise. And who knows maybe in June,  it will reach 10k usd as OP mentioned.

[kennen1113]

People usually put some evidence, research or projections when they put forward a random prediction. Is this just your feeling, do you have any logical thought process to your prediction? I can't see why it would raise that much by June in particular

They don't even have any evidence or analysis, they just rely on feelings and rumors, then constantly spread that bitcoin will raise prices very high but when I ask them about the analysis or anything to determine the accuracy of this prediction, they are often silent. Speculation is really a necessity in crypto, but I hope people should speculate with certain figures, not using intuition to create speculation, it's meaningless and irrational.

[teosanru]

$10k has rare a chance. I guess we will reach $10k by July the earliest. Market will stay and test level $7k multiple times with corrections. This will take time. We don't have enough volume to double the price within a month.

But market is pretty strong. After testing some few tough resistance, we will be ready for parabolic movement.

[Irvinn]

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. 

No, it is impossible to raise Bitcoin in its price to $ 10,000 before June. The cryptocurrency market will grow quite slowly for some time. Investors are still extremely cautious in their investments. We see that the price of cryptocurrency is still surprisingly stable with a tendency for a slight rise. Although this month Bitcoin has risen in price by more than a thousand dollars, it is unlikely that it will be able to rise to 10,000 dollars in a month or two. This figure may be real only by the end of the year.