Bitcoin Price - Is $11,000 Next?

[btccrusher]

The recent whale dump on the most major exchange made everyone worried that Bitcoin price may decrease significantly. But the crypto supporters have good news, Bitcoin isn't going down, it is going up. I think the BTC Bull started walking, soon it will run the race. I just read this amazing news on NEWSBTC, Read it, you'll get some peace.

[1714484077]

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[rijaljun]

People should not worry, recent dump was just to retest Bitcoin supports, not because anything bad and it was proven by Altcoin. Altcoin was getting a positive trends whilst Bitcoin was bleeding. It was enough evidences to say that investors was not really afraid about Bitcoin and that was the reason why Altcoin made a killing.

Nice article anyway but It's too far to talk about $11,000. We need to break $9,600 first then we can have a chance to bring the price up to more than $10,000. I strongly believe this will be easy for Bitcoin to have more positive trends in this year or next year. Perhaps starting from August we could always see a green candle on Bitcoin chart everyday.

[smyslov]

The recent whale dump on the most major exchange made everyone worried that Bitcoin price may decrease significantly. But the crypto supporters have good news, Bitcoin isn't going down, it is going up. I think the BTC Bull started walking, soon it will run the race. I just read this amazing news on NEWSBTC, Read it, you'll get some peace.

On that article it mentioned "|Nonetheless, the uptrend slowed down ahead of the European session, hinting that a downside correction might still be underway." I believe we are already in the much-awaited bull run but people should also not panic if we see some corrections along the way as it is very much normal as we headed for another all-time high.

[Questat]

I love to see that price thought, $11,000 would bring major changes in the market and FOMO might be activated.
I know that price will be achieve soon, but I am not expected it to take place in the first half of the year, but optimistic to have it this year.

[passwordnow]

Yeah.. bitcoin isn't going down but it's going up. Many have tried to spread misinformation on how it may fall further but most of them predicted a wrong thing. Everyone would love to see it go $11,000 next but we need to surpass first those lower level before reaching another higher price such as $11,000. When there's a sudden dump, what I have noticed, many are panicking and have that thought the market will never recover anymore, stop worrying and thinking about that, you are just pressuring yourselves.

[bonker]

Hopefully it have to be the next target hit but now the price of bitcoin need to reach above $9000 to give more mental confidence to the investors which will activate that next level bull run.

[Valhalaa]

I also see a lot of chart analysis which they all show that bitcoin will continue to grow and go towards bullrun but it does not demand the possibility of a certain deep dump / correction if we keep going up and up
but in my opinion we are still in bullrun just not the same as last year but I am still optimistic and dont worry to much to the price of bitcoin which sometimes goes down we will still go up

[wahyu wida]

I think it's very possible that Bitcoin will reach $ 11k. with good news, it will certainly make the bitcoiners not sell and many will buy it to welcome the bullish market. I hope that until the end of the year BTTC can penetrate the highest resistance area, so that the road will be brighter the following year

[cabron]

It will take awhile to achieve milestones now that we see people are going to claim their profit everytime it reaches a new milestone. Reaching $8K is just the start but everyone seem to be taking profit for most of us got in when the price of BTC dip onto $3k, its already a smooth earnings after the several weeks of waiting. There will be more when they realize they bought at $8k and the price goes up to $11k.

[kakonhat]

The recent whale dump on the most major exchange made everyone worried that Bitcoin price may decrease significantly. But the crypto supporters have good news, Bitcoin isn't going down, it is going up. I think the BTC Bull started walking, soon it will run the race. I just read this amazing news on NEWSBTC, Read it, you'll get some peace.

I am very expected for the price crossing $20K this year, and it's not impossible. We have seen much good news in Consensus 2019. We know it's time to be a digital using digital currency. Just waiting for the moment to cross the previous high.

[davis196]

The recent whale dump on the most major exchange made everyone worried that Bitcoin price may decrease significantly. But the crypto supporters have good news, Bitcoin isn't going down, it is going up. I think the BTC Bull started walking, soon it will run the race. I just read this amazing news on NEWSBTC, Read it, you'll get some peace.

This thread belongs to the Speculation sub-forum or the Press sub-forum.
I don't have to read some random article from a crypto news site,in order to be convinced that bitcoin is on a bull run.By the way,are you promoting this newsbtc website?
Bitcoin is heading towards 10K.Sooner or later,it will reach again 10K.We all know that without any "analysis".

[Ailmand]

A lot of people had been expecting bitcoin to touch 10k+ before the year ends. So, I guess with the recent news, updates and speculations in regards to the market, it is not far from happening. The bull-market might just be sitting in the corner. Let's hope the bull-run will happen soon.

[xvids]

I love to see that price thought, $11,000 would bring major changes in the market and FOMO might be activated.
I know that price will be achieve soon, but I am not expected it to take place in the first half of the year, but optimistic to have it this year.

Yes I agree with you $11K could create FOMO and would even boost the price higher.
But like you said we shouldn't expect it on the first half of the year,
And other investor or trader are also predicting that it would hit $10k before this year ends so it would basically happen on late 2019 so let's just relax .
Don't need to panic everytime we would have a correction it would be normal to have one everytime the price jumps up.

[CryptoBry]

People should not be worry, recent dump was just to retest Bitcoin supports, not because anything bad and it was proven by Altcoin. Altcoin was getting a positive trends whilst Bitcoin was bleeding. It was enough evidences to say that investors was not really afraid about Bitcoin and that was the reason why Altcoin made a killing. Nice article anyway but It's too far to talk about $11,000. We need to break $9,600 first then we can have a chance to bring the price up to more than $10,000. I strongly believe this will be easy for Bitcoin to have more positive trends in this year or next year. Perhaps starting from August we could always see a green candle on Bitcoin chart everyday.

Though there is nothing wrong with being positive with bitcoin as it is definitely now on the bull run (though this can not be completely compared with the 2017 run I guess) let's not be carried away with our excitement and think that getting to $11,000 can be easy...or will I be wrong this time? A very important aspect with bitcoin is that predicting its next moves can be difficult that's why analysts can also be wrong. But then again if I am proven wrong then I will be smiling to accept it.

[ryzaadit]

Yeah.. bitcoin isn't going down but it's going up. .

Going down but will up again, then decide about your analysis will be down or keeping up. To be honest your analysis just like you said :

but most of them predicted a wrong thing.

You just speculation using your opinion, not from Technical Analysis or Fundamental Analysis, everyone always can do that.

[asriloni]

The bitcoin looks stabilize its position and when it was a bearish trend and the price of bitcoin goes down a lot but this time there was no a lot of movement from the price of bitcoin to go down even lower. It's easy to go back again after a short dump to the 7k rate. Bitcoin seems get another bullish trend again in the future. I agree with that article.

[Vektrum]

Perhaps this is just speculation, but I like what people say more about growth than about falling Bitcoin prices. I’m sure that the price will easily rise to $11,000 and higher much earlier than it seems, because now there is a lot of positive news about Bitcoin that should help spread Bitcoin to more people.

[bhabygrim]

There are plenty of TA's who are guessing that it would hit $10,000 this year.
And now this looks like we are moving up the price because of the current bull run ,
But I don't really think that it would hit that easy it would take some time to go that high again and it seem's that the price has been slowly declining right now.

[sinta23]

Perhaps this is just speculation, but I like what people say more about growth than about falling Bitcoin prices. I’m sure that the price will easily rise to $11,000 and higher much earlier than it seems, because now there is a lot of positive news about Bitcoin that should help spread Bitcoin to more people.

I agree, rather than hearing bad news or about declining, I prefer to hear the news about bitcoin hopefully that the price of bitcoin will continue to rise

[coin-investor]

The recent whale dump on the most major exchange made everyone worried that Bitcoin price may decrease significantly. But the crypto supporters have good news, Bitcoin isn't going down, it is going up. I think the BTC Bull started walking, soon it will run the race. I just read this amazing news on NEWSBTC, Read it, you'll get some peace.

Today is May 20 and Bitcoin's price is $7,745.33 USD (-2.28%) so it's still going down, looks like it's having a hard time breaking into the $8000 level just like what happens when it is crossing the $7000 just last month, but I'm hoping and confident it will finish at $8000 before the end of May, the news of Facebook coin is one of the things that can help the price.