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Author Topic: Bitcoin $10k Before June, Possible?  (Read 17505 times)
Wexlike
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April 20, 2019, 06:44:09 PM
 #121

$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.

Every one makes mistakes when they start that's really not an attack imo. Who would expect anyone to be a pro on day 1. They're not mistakes but ways to grow.
Volume might have mattered since literally a few hours later the price was up 25% after stagnating 4 months.

You are ignoring the proven 95% wash trading volume and 18 billion $ Tether volume (was at 2 billion at crypto peak & all of 2018 too the most it must have gotten to in that entire period was 3 billion or so), which shows how desperate they have gotten and bold and how crazy and dangerous things are and how it's all a ponzi, because "so what volume doesn't matter because there's robo traders all good".

Sounds ALOT like denial.
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April 20, 2019, 08:01:39 PM
 #122

$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.

As I am still expecting wave 5 to bring us down below 4k once again in May, I rarely see ANY chance for 8k before June (2%), not to think of 10k, no idea why that should happen to soon anyway after now 15 months of correction made up with some smaller jumps and a lot of sideways-action.

10k? Maybe 2020.

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April 20, 2019, 08:15:54 PM
 #123

$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.
if this positive condition continues, why not? prices can go up to $1000++ in just a few days, if the conditions are good.
of course in the next few months prices can skyrocket if there is shocking news right?
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April 20, 2019, 08:22:11 PM
 #124

$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.
if this positive condition continues, why not? prices can go up to $1000++ in just a few days, if the conditions are good.
of course in the next few months prices can skyrocket if there is shocking news right?

A few years ago, Christopher W Mayer wrote a book, “100 Baggers: Stocks That Return 100-to-1 and How To Find Them.” His conclusion was that to get a 100 Bagger, you had to HODL. And on the way to the 100x increase, there would be at least 3 drops of 80% or more. This was going to be my approach until I stumbled across Volatility and Mark Whistler. But I’m still trying to wrap my mind around Volatility...
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April 20, 2019, 08:39:29 PM
 #125

This is not easy . rise of 100 percent in price bitcoin and that mean 200 percent in prices of ltc , eth , bch..,  Within three months!!
Let us be realistic. And do not regret in  the end for buying expensive.
I do not know why prices crashed to 3200 per btc before 6 month or less?
Those reasons of crash have not been resolved
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April 20, 2019, 09:22:01 PM
 #126

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.  Sad
It is an impossible task to put a time bound on when and what the market will do at a particular time, the market looks like recovering from the bear market which was ruling over a year but that cannot give any indication that the market is moving higher and cross certain boundaries in a short period of time, you might even see a pull back before any market rally and hence never set a big target for the short term.
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April 20, 2019, 11:46:07 PM
 #127

But I’m still trying to wrap my mind around Volatility...

Volatility is just lack of price stability so just rising alot can represent volatility because its out of line with the average pricing.     So the 50 average shows as jumping up to 5k area away from the trend of February or so, thats short term.   200 day we have a descending price with action and expectations now upwards so thats a clash, again showing some volatility I think.   The more instable the price the less we certain we can be of price predictions.    Since we already rose I think a return to averages is more likely until both averages are moving upwards, the further we move away from averages short term the less likely it is to last

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April 21, 2019, 12:13:35 AM
 #128

But I’m still trying to wrap my mind around Volatility...

Volatility is just lack of price stability so just rising alot can represent volatility because its out of line with the average pricing.     So the 50 average shows as jumping up to 5k area away from the trend of February or so, thats short term.   200 day we have a descending price with action and expectations now upwards so thats a clash, again showing some volatility I think.   The more instable the price the less we certain we can be of price predictions.    Since we already rose I think a return to averages is more likely until both averages are moving upwards, the further we move away from averages short term the less likely it is to last

What is your average price then for now ? Somewhere in the 4k $ region ?
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April 21, 2019, 07:21:35 AM
 #129

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.  Sad
Everything is possible as far as this world is concerned and we can keep our faith on.  June is still far and bitcoin is a little above $5000 in terms of price and there were times that bitcoin was adding above $5000 in a month.  I also believe that the future is bright and bitcoin is going to be more of bullish trend than bearish trend this year.
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April 21, 2019, 07:38:28 AM
 #130

This is not easy . rise of 100 percent in price bitcoin and that mean 200 percent in prices of ltc , eth , bch..,  Within three months!!
Let us be realistic. And do not regret in  the end for buying expensive.
I do not know why prices crashed to 3200 per btc before 6 month or less?
Those reasons of crash have not been resolved

Hey you have echoed my sentiments it’s not possible to see such a rally in such a short while, and I feel we should not even hope for one cause it shall not be sustainable in the long run. I feel at max we can see $6.5k levels by June, as these are sustainable levels for bitcoins. Also since you’re not aware of the crash let me inform that we were in the extended bear phase, people were dumping bitcoins hence the crash happened.
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April 21, 2019, 08:53:42 AM
 #131

Need at least a major adoption from several financial companies.  There is quite a resistance to break $6k and it is a long road to reach $10k.  So even I am optimist to bitcoin market increase, I doubt that $10k USD is achievable in such short period of time.  The time where a simple bullsh news to increase the price had long been over.  So unles there are huge adoption from financial institution, price will slowly increase and $10k will be seen probably a few months after the next halving next year.
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April 21, 2019, 10:37:50 AM
 #132

Need at least a major adoption from several financial companies.  

This is necessary, but don't forget there's a hype also, and that would help the price to increase, and will break the major resistance.
We know this market can be manipulated, maybe there are big news that are coming, so we should wait for that and let's enjoy the hype while FOMO is coming. I never thought the bull run will take the price to $20K before, but now I believe we can make $10K even in a short period of time as it happened before.

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April 21, 2019, 12:25:25 PM
 #133

Need at least a major adoption from several financial companies.  

This is necessary, but don't forget there's a hype also, and that would help the price to increase, and will break the major resistance.
We know this market can be manipulated, maybe there are big news that are coming, so we should wait for that and let's enjoy the hype while FOMO is coming. I never thought the bull run will take the price to $20K before, but now I believe we can make $10K even in a short period of time as it happened before.

There have been plenty of good news over the course of the last months, still none of those could effect the demand. In the end the prices will change when the right persons start the Fomo-train, by the time that they want it to start Wink

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April 21, 2019, 01:43:13 PM
 #134

This is not easy . rise of 100 percent in price bitcoin and that mean 200 percent in prices of ltc , eth , bch..,  Within three months!!
Let us be realistic. And do not regret in  the end for buying expensive.
I do not know why prices crashed to 3200 per btc before 6 month or less?
Those reasons of crash have not been resolved

Hey you have echoed my sentiments it’s not possible to see such a rally in such a short while, and I feel we should not even hope for one cause it shall not be sustainable in the long run. I feel at max we can see $6.5k levels by June, as these are sustainable levels for bitcoins. Also since you’re not aware of the crash let me inform that we were in the extended bear phase, people were dumping bitcoins hence the crash happened.

I don't think so because 10k is big margin if we look out the current situation it is tougher to achieve currently the price are reaching 5.5k but there is lot of standardisation to happen to achieve 10k.









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April 21, 2019, 01:55:38 PM
 #135

This is not easy . rise of 100 percent in price bitcoin and that mean 200 percent in prices of ltc , eth , bch..,  Within three months!!
Let us be realistic. And do not regret in  the end for buying expensive.
I do not know why prices crashed to 3200 per btc before 6 month or less?
Those reasons of crash have not been resolved

Hey you have echoed my sentiments it’s not possible to see such a rally in such a short while, and I feel we should not even hope for one cause it shall not be sustainable in the long run. I feel at max we can see $6.5k levels by June, as these are sustainable levels for bitcoins. Also since you’re not aware of the crash let me inform that we were in the extended bear phase, people were dumping bitcoins hence the crash happened.

I don't think so because 10k is big margin if we look out the current situation it is tougher to achieve currently the price are reaching 5.5k but there is lot of standardisation to happen to achieve 10k.

It is there in the value you are referring buddy. May be it takes one more month to achieve such value. I can see many speculators and whales are providing more information about the bitcoin price growth and all those seems so positive.

Everyone expecting bitcoin to touch the next peak value in the market. I expect the bitcoin to reach 20k USD in some months.
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April 21, 2019, 02:03:35 PM
 #136

This is not easy . rise of 100 percent in price bitcoin and that mean 200 percent in prices of ltc , eth , bch..,  Within three months!!
Let us be realistic. And do not regret in  the end for buying expensive.
I do not know why prices crashed to 3200 per btc before 6 month or less?
Those reasons of crash have not been resolved

Hey you have echoed my sentiments it’s not possible to see such a rally in such a short while, and I feel we should not even hope for one cause it shall not be sustainable in the long run. I feel at max we can see $6.5k levels by June, as these are sustainable levels for bitcoins. Also since you’re not aware of the crash let me inform that we were in the extended bear phase, people were dumping bitcoins hence the crash happened.

I don't think so because 10k is big margin if we look out the current situation it is tougher to achieve currently the price are reaching 5.5k but there is lot of standardisation to happen to achieve 10k.
Not unless billionaires arrive here and start buying those cheap coins and make a huge pumped, but in my own view point, I'll agree that 10k$ before June is too high, it's hard to sustained as there's chances that those who holds a lots of coins coming from the last dip can easily sell out and create a big dumped, we need to be realistic and think for longer barrier, slowly but surely would be fine for me.









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happen or be a part of it"

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Wayan_Pedjeng
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April 21, 2019, 02:09:41 PM
 #137

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.

It is not as easy as you write. The market cap of Bitcoin is around 93 billion USD right now. So for the prices to reach $10,000 per coin, there should be a $100 billion increase in the market cap, which would require the influx of billions into the market. This looks unlikely to me, as the institutional investors are staying away under current circumstances.
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April 21, 2019, 04:27:36 PM
 #138

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.
I wanna add that btc is always  so volatile that's why we can get a good profit .However market has got good bull run already .Anything can be possible on this market .The market can go more up from the recent level but it will always so tough to invest on a big bull candle .So be patience and see where the price drop in badly and make your plan to invest on there.

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April 21, 2019, 10:02:54 PM
 #139

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...
Everything can happen for few hours - days with bitcoin but it's better to be close to reality. And if the unexpected price comes positively, then we have nothing to do but become grateful with it. The volatility of bitcoin would always gives us that kind of surprising moment if ever we see some huge pump from time to time. What's good with the recent pumps, it is becoming stable to that price which it has moved. Like tonight, bitcoin is on bloody charts again but the price looks perfect at $5,270+.

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April 21, 2019, 11:21:54 PM
 #140

This is not easy . rise of 100 percent in price bitcoin and that mean 200 percent in prices of ltc , eth , bch..,  Within three months!!
Let us be realistic. And do not regret in  the end for buying expensive.
I do not know why prices crashed to 3200 per btc before 6 month or less?
Those reasons of crash have not been resolved

Hey you have echoed my sentiments it’s not possible to see such a rally in such a short while, and I feel we should not even hope for one cause it shall not be sustainable in the long run. I feel at max we can see $6.5k levels by June, as these are sustainable levels for bitcoins. Also since you’re not aware of the crash let me inform that we were in the extended bear phase, people were dumping bitcoins hence the crash happened.

I don't think so because 10k is big margin if we look out the current situation it is tougher to achieve currently the price are reaching 5.5k but there is lot of standardisation to happen to achieve 10k.
Even though we see a huge pump this month i think its hard to achieve that in June, we need more time for this but since this is cryptomarket, anything can happen in just a day so let’s continue to monitor the market and have a safe position. $10k level is another story for bitcoin, whatever it takes on month of June I will still hold.
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