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Author Topic: Bitcoin on the way to $10,000  (Read 1254 times)
UNOE
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May 11, 2019, 04:02:02 PM
 #21

Although the price is on the rise and the market is looking good don't forget there is still a long way to go to 10000$.
Personally I would more prefere a bit slower and steady rise than quick pump. To my opinion the price will stay for a while in the range between 5500$ and 7500$ because I expect some fluctuations and corrections too.
I would rather have scenario which you were described, because I like more steadly but sure profit more than, pump and run schemes.
I do not think that this was pump, this is trend in which we are from february.
Take profit here and there isn't bad idea.

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May 11, 2019, 04:38:00 PM
 #22

The indicator showing we on overbought price, i think would be good if we can get some retest to prove it we on a strong trend market. If the market always going up without correction, that not a good situation i believe will be a massive fomo if we never get a correction first before the price move again.

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May 11, 2019, 05:05:11 PM
 #23

Bitcoin is witnessing the all time pump currently and it has gained over $500 since morning.  At the time of opening this thread it is around $6,801. I think we should get ready for $10,000 soonest.  I thought that we would be discussing $10,000 by November or December but currently it seems it might happen before end of this month or next month if the current momentum is sustained.  I hope this happened and I wish all the holdlers, happy profits!!!

I am ready to see $10,000 comes, and I will make sure to sell my bitcoin in that price. But I don't sell all of my bitcoin because I still waiting for the next big waves of bitcoin that will increase higher more than $10,000. I think from this month until the next year, and we will see the increase in the bitcoin price.

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May 11, 2019, 05:31:49 PM
 #24

Bitcoin is witnessing the all time pump currently and it has gained over $500 since morning.  At the time of opening this thread it is around $6,801. I think we should get ready for $10,000 soonest.  I thought that we would be discussing $10,000 by November or December but currently it seems it might happen before end of this month or next month if the current momentum is sustained.  I hope this happened and I wish all the holdlers, happy profits!!!
We are all aware that we were already walking down the part of Bullish trend the moment bitcoin witnessed a spike on 1st of April, that moment interpreted to me that the BULLS had entered the market, just that they didn’t buy with full force, the little investment they made to test the market was what gave us that big increase, and now that they are sure the market has recovered and out of the bear’s hand finally, there will be more investment now from them and general investors, which will make me agree with you that the price of bitcoin hitting $10,000 by October is very feasible.
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May 11, 2019, 06:46:25 PM
 #25

Bitcoin will go more way up i think but i think is really to soon to go to 10000$, maybe will happen but in my opinion 10000$ will not happen this month maybe only on June, but until then is still good to wait and get more coins.
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May 11, 2019, 06:52:06 PM
 #26

Not so fast. We must wait for overbought conditions in the daily chart to subside first. If Bitcoin goes to $10,000 fast, it will surely crash dump. I prefer a bit of sideways right now. Going all the way to $10,000 will only benefit the short sellers since the momentum might have lose stream by then.


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May 11, 2019, 06:54:44 PM
 #27

   For now seems only bitcoin is making big steps of raise.
But I'm more interested in altcoins, cause of in my case they are the source of my income.
   When bitcoin will move alts after itself? I am more curious i about this point.



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Rainbot
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May 11, 2019, 06:55:03 PM
 #28

I would not be so enthusiastic about the current pump, since it has already been recorded that the only thing that can boost the price of bitcoin in such a powerful way is the euphoria unleashed before an expected and rational reaction from the markets. In fact, I really hoped that the great volatility in the crypto market was a thing of the past, and that from this year the growth of bitcoin would be gradual and sustainable.

Today I see that this is not the case, and that therefore there are so many possibilities to see bitcoin over $10K in a month, or below $3K in the next.  Cry
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May 11, 2019, 07:15:36 PM
 #29

Bitcoin is witnessing the all time pump currently and it has gained over $500 since morning.  At the time of opening this thread it is around $6,801. I think we should get ready for $10,000 soonest.  I thought that we would be discussing $10,000 by November or December but currently it seems it might happen before end of this month or next month if the current momentum is sustained.  I hope this happened and I wish all the holdlers, happy profits!!!
We cant still be sure if we would able to hit up that price but if we do sustain such movement then reaching out 10k would really be easy but dont be confident too much
yet corrections would surely happen which we would still see non an easy way on reaching out this kind of recovery but atleast we are seeing progress.
Good to be back on almost 7k price.If we do able to break out that $7400 resistance then reaching 8k would be easy or do happen a couple of days.

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May 11, 2019, 07:30:08 PM
 #30

Just a little push of the price and it will eventually gonna reach that $10k, but i still never forget the probability that it will stay at 9k-ish. Though it looks like it is going to break the $10k resistance.

This is the result when there is no FOMO/FUD going on in the market, but if there is a single one i'm sure it will affect the price. But overall even if there is a FUD Bitcoin still manages to reach that price.

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May 11, 2019, 07:33:27 PM
 #31

Bitcoin is witnessing the all time pump currently and it has gained over $500 since morning.  At the time of opening this thread it is around $6,801.

i hope this isn't a case of "too far too fast". that was some pretty hasty fomo overnight. today's candle made an 11% move and we're still a few hours from the day's end. we're definitely building up to a harsh pullback, whenever it comes.

I think we should get ready for $10,000 soonest.  I thought that we would be discussing $10,000 by November or December but currently it seems it might happen before end of this month or next month if the current momentum is sustained.

$10k in 3 weeks is definitely too far too fast. slow and steady growth would be ideal. the longer it takes to rise, the stronger the support will be on the way up.

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May 11, 2019, 08:27:20 PM
 #32

   For now seems only bitcoin is making big steps of raise.
But I'm more interested in altcoins, cause of in my case they are the source of my income.
   When bitcoin will move alts after itself? I am more curious i about this point.
Altcoin is also good, I agree to your opinion but altcoin will not move to rise if bitcoin also doesn't move up. we cannot deny that with the increase in bitcoin which will penetrate $ 7K and may continue to move up, it will also have an impact on the altcoin that already exists in the market, as well as ico getting excited

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May 11, 2019, 08:40:47 PM
 #33

   For now seems only bitcoin is making big steps of raise.
But I'm more interested in altcoins, cause of in my case they are the source of my income.
   When bitcoin will move alts after itself? I am more curious i about this point.
Altcoin is also good, I agree to your opinion but altcoin will not move to rise if bitcoin also doesn't move up. we cannot deny that with the increase in bitcoin which will penetrate $ 7K and may continue to move up, it will also have an impact on the altcoin that already exists in the market, as well as ico getting excited

I do not think tha 7K USD per BTC is significant level of resistance, I think that 7,4k USD per BTC is stronger resistance, and it will be probably harder to break it. But with BTC last days everything is possible. Altcoins could run up if Bitcoin remain stable at these levels, or even higher levels. But if Bitcoin drops to 5k level again, it will be hard time for altcoins.

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May 11, 2019, 08:57:39 PM
 #34

I thought that we would be discussing $10,000 by November or December but currently it seems it might happen before end of this month or next month
I'm not sure you should be this excited about bitcoin potentially hitting $10k in 1-2 months unless you have a plan to sell if and when it hits that mark. 

I can't say I don't feel that sense of euphoria when bitcoin rises like this, but the rational part of my brain knows that momentum like this can't be sustained for long before either a sell-off or a full-blown crash happens, and I don't want that.  If we're talking about $10,000 I would much prefer bitcoin get there by late 2019 or at some point next year.  Slow and steady works just fine.

we're definitely building up to a harsh pullback, whenever it comes.
Yep, and the higher the slope on the price vs. time chart, the more painful the crash is going to be.  It would be nice if bitcoin could just slow down a bit right now, maybe plateau at $7000 and stay there for a while....but I'm pretty sure that's wishful thinking on my part.  We'll see.

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May 12, 2019, 03:52:03 AM
 #35

Bitcoin is witnessing the all time pump currently and it has gained over $500 since morning.  At the time of opening this thread it is around $6,801. I think we should get ready for $10,000 soonest.  I thought that we would be discussing $10,000 by November or December but currently it seems it might happen before end of this month or next month if the current momentum is sustained.  I hope this happened and I wish all the holdlers, happy profits!!!


These recent bitcoin moves have been very positive, because we are close to $ 7k which has happened very quickly, it is beneficial because the movement is taking place very fast, I hope that these price increases will be because the offer at low prices of $ 6.8K.

It should be taken into account that it has been gradually rising, but no corrections have been generated, it is a bit strange that the graphics are those movements, because they are not so common, it is as if an operator was handling these movements and wants them to be give in this way, maybe you want to sell the bitcoin to $ 7k to go testing the offer of prices at these levels, and with respect to reaching $ 10k I do not see it viable, because there are many bitcoin missing to accumulate, I think You have to be calm when it comes to taking a position in the market, it will not be that they liquidate the positions and get lost.

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May 12, 2019, 04:50:05 AM
 #36

Bitcoin is witnessing the all time pump currently and it has gained over $500 since morning.  At the time of opening this thread it is around $6,801. I think we should get ready for $10,000 soonest.  I thought that we would be discussing $10,000 by November or December but currently it seems it might happen before end of this month or next month if the current momentum is sustained.  I hope this happened and I wish all the holdlers, happy profits!!!
It may not be possible for it to get to $10,000 by the end of this month because we have some people that are already taking profit now which may slow down its growth and further decrease its value.

 In the next few days, I will be able to determine if this move of BTC is going to be healthy for us, because I do not want a situation that the fast increase will cause over excitement in the heart of people and make them dump the price that will sharply return us back to the bear market, just exactly the way it happened in 2017. We need to continue on our slow and steady increase like we have been doing from the beginning of this year.
arpon11 (OP)
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May 12, 2019, 08:09:55 PM
 #37

Not so fast. We must wait for overbought conditions in the daily chart to subside first. If Bitcoin goes to $10,000 fast, it will surely crash dump. I prefer a bit of sideways right now. Going all the way to $10,000 will only benefit the short sellers since the momentum might have lose stream by then.
I really did not understand why some of us think that if bitcoin get funds from the fiat currency and got pump to $10,000 by this month it will crash downward but I think we have followed this part before and event or patterns is repeating itself.  I am very optimistic that the current bull run is going to last more than the last one!  If you desire to make good profits then think and invest wisely now that we still can get bitcoin cheap.
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May 12, 2019, 09:07:36 PM
 #38

The indicator showing we on overbought price, i think would be good if we can get some retest to prove it we on a strong trend market. If the market always going up without correction, that not a good situation i believe will be a massive fomo if we never get a correction first before the price move again.
The correction is very important for the strengthening of the trend because if there is no correction in the price movement then the trend reversal will be faster also occur. Why does the correction need to happen? Because simply a correction avoids the price movement of a trap.
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May 12, 2019, 09:08:44 PM
 #39

With a very good movement, the price of 10k can be achieved this year, hopefully it can be faster and no need to wait until the end of the year.

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May 12, 2019, 09:52:19 PM
 #40

The correction is very important for the strengthening of the trend because if there is no correction in the price movement then the trend reversal will be faster also occur. Why does the correction need to happen? Because simply a correction avoids the price movement of a trap.
I agree that corrections are healthy, but you don't avoid a bull trap with it (if that's what you meant). It helps getting rid of selling pressure on the way up and directly increases the short term price floor.

Instead of having a lot of sub $4000-$5000 holders, you'll end up with more $6000-$7000 holders, which is what we have seen happen already. The higher you buy, the less likely it is that you sell at a loss unless you're a complete noob.

If we talk about traps anyway, the only people who trapped themselves are bears selling too soon. The trend clearly favors the bulls right now--cashing out some of your profits is fine, but going short with leverage is a huge risk.

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