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Author Topic: Bitcoin Price - Is $11,000 Next?  (Read 870 times)
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May 21, 2019, 06:20:19 AM
 #41

you cant say that 11k usd will be next because afaik bitcoin didnt reach 9 to 10k usd yet but im not saying that its not possible  . Im a solid bitcoin enthusiast and im actually one of those who believe that bitcoin could reach 11k usd soon , not just 11k usd but bitcoin can grow more than that   . 11k usd is only a piece of cake for bitcoin , what people are expecting is that the value of bitcoin could reach 20k usd and up again  
As the title says, next.... therefore there will be a next price once bitcoin will breach $11K.
The price this year is already big, the achievement of $11K from $3K is such a huge pump already, so if it will also be the price by the end of the year, I don't see anyone complaining on this, although I see we could go higher this year but I also foreseen the coming correction which might drop the price.
well, i also think that the increase in bitcoin prices can reach that price. only now, we need to ensure that the price of bitcoin can rise to the price of $ 9,000 in the near future. other than that, the price of bitcoin has not been stable at $ 8k. there is always a decline to the price of $ 7900 if that happens. even though the price of bitcoin has the potential to reach a price of $ 11,000, I think that will happen in July.

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May 21, 2019, 08:23:27 AM
 #42

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.

Well, bitcoin was well analyzed in the article link you attached, although I was expecting something more lifting than normal analysis we see everywhere, I thought the article will give us full reason why bitcoin will rise apart TA, the fundamentals are what we really need to be able to predict the direction of bitcoin.

I know the price of bitcoin must sure hit that soon, but still kind of worried about how soon we will be able to break some barriers that has been pulling bitcoin back, it tested the $8k twice and failed to break it further, the time it spent on this would have been enough to break more barriers, these are what may slow us down in quickly achieving the $11k soon till maybe around September.
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May 21, 2019, 08:24:51 AM
 #43

you cant say that 11k usd will be next because afaik bitcoin didnt reach 9 to 10k usd yet but im not saying that its not possible  . Im a solid bitcoin enthusiast and im actually one of those who believe that bitcoin could reach 11k usd soon , not just 11k usd but bitcoin can grow more than that   . 11k usd is only a piece of cake for bitcoin , what people are expecting is that the value of bitcoin could reach 20k usd and up again  
As the title says, next.... therefore there will be a next price once bitcoin will breach $11K.
The price this year is already big, the achievement of $11K from $3K is such a huge pump already, so if it will also be the price by the end of the year, I don't see anyone complaining on this, although I see we could go higher this year but I also foreseen the coming correction which might drop the price.
well, i also think that the increase in bitcoin prices can reach that price. only now, we need to ensure that the price of bitcoin can rise to the price of $ 9,000 in the near future. other than that, the price of bitcoin has not been stable at $ 8k. there is always a decline to the price of $ 7900 if that happens. even though the price of bitcoin has the potential to reach a price of $ 11,000, I think that will happen in July.
I hope your prediction is correct, so don't wait too long to see the price of $ 11k. I just hope that this upward trend will occur throughout 2019, so that we can close our patience in 2018

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May 21, 2019, 08:48:04 AM
 #44

you cant say that 11k usd will be next because afaik bitcoin didnt reach 9 to 10k usd yet but im not saying that its not possible  . Im a solid bitcoin enthusiast and im actually one of those who believe that bitcoin could reach 11k usd soon , not just 11k usd but bitcoin can grow more than that   . 11k usd is only a piece of cake for bitcoin , what people are expecting is that the value of bitcoin could reach 20k usd and up again  
As the title says, next.... therefore there will be a next price once bitcoin will breach $11K.
The price this year is already big, the achievement of $11K from $3K is such a huge pump already, so if it will also be the price by the end of the year, I don't see anyone complaining on this, although I see we could go higher this year but I also foreseen the coming correction which might drop the price.
well, i also think that the increase in bitcoin prices can reach that price. only now, we need to ensure that the price of bitcoin can rise to the price of $ 9,000 in the near future. other than that, the price of bitcoin has not been stable at $ 8k. there is always a decline to the price of $ 7900 if that happens. even though the price of bitcoin has the potential to reach a price of $ 11,000, I think that will happen in July.
I hope your prediction is correct, so don't wait too long to see the price of $ 11k. I just hope that this upward trend will occur throughout 2019, so that we can close our patience in 2018
if there is no negative news and fud in market at this moment, bitcoin and other cryptocurrency unstopable now.market very confidence with current movement, as we see market capitalization now rise alot if compared with several weeks ago.this is sign old investors already comeback again.and i hope on july btc will reach $11k.

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May 21, 2019, 09:42:42 AM
 #45

I am not sure But it will surely get there and even past it. But the question is when? Bitcoin has been trying so hard to get alot past the 8000 mark and if  it does that, we could be in for a great run. In  my opinion, if it passes 8000 and  gets closer to 9000, it might even surpass that 11000. Bitcoin has really been strong even with the dump. So, i expect a great bull run soon.
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May 21, 2019, 10:21:30 AM
 #46

The price of bitcoin is now getting close to $8000. We can expect the break out of $8000 in a short time period. Further after this price of bitcoin will reach $10000 at the earliest. Further after this we'll see the price to show gradual growth and it'll once again gain resistance moving between few price points, and the same will take the price reach new ath.

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May 21, 2019, 11:11:25 AM
Last edit: May 21, 2019, 11:30:04 AM by dark08
 #47

The price of bitcoin is now getting close to $8000. We can expect the break out of $8000 in a short time period. Further after this price of bitcoin will reach $10000 at the earliest. Further after this we'll see the price to show gradual growth and it'll once again gain resistance moving between few price points, and the same will take the price reach new ath.

Well based on the chart its possible to break the $8000 again then go to $10,000 and to its all time high again but everything can be change because we are in cryptoworld, but its better to see the all time again to make a huge profit from this bull run.

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May 21, 2019, 11:48:14 AM
 #48

The price of bitcoin is now getting close to $8000. We can expect the break out of $8000 in a short time period. Further after this price of bitcoin will reach $10000 at the earliest. Further after this we'll see the price to show gradual growth and it'll once again gain resistance moving between few price points, and the same will take the price reach new ath.

There is no guarantee that Bitcoin price will reach 1000$ soon. Yes, it's possible but not necessary. Don't forget that we had similar situation just the other day. Bitcoin price has crossed 8000$ but then pulled back below again, so the same scenario is possible this time too. Corrections can't be avoided.

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May 21, 2019, 12:10:39 PM
 #49

we still have more hope, I think this is only a temporary correction and when support for bitcoin increases, there is no doubt that the bullrun will come soon.
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May 21, 2019, 01:16:52 PM
 #50

we still have more hope, I think this is only a temporary correction and when support for bitcoin increases, there is no doubt that the bullrun will come soon.
this correction will bring new power to bitcoin demand.more investors and traders interested to buying bitcoin while its price down for a while.traders will not buy on peak, they prefer to wait till its price down.
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May 21, 2019, 02:25:21 PM
 #51

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 guess we can say that we are indeed in the bullish cycle as evident of the price going to $8000 again. However, to go to $11000 we need to revisit this $8000 price because the last time we touch it, the price suddenly goes down, meaning, it is not sustainable. So our short term goal is to try to get over that hump and see how it goes.

Yes I do believe BTC price will go up to 10k by the year end
ETH price will be around 400$ too

Then downtrend have been stopped. Bright days ahead of us.

But remember we are still only around 40% of ATH

If we are just going to believed, then $20000-$30000 is likely to be achieved at the end of the year. But then again, bitcoin is very volatile and unpredictable. I would say that we shouldn't put our selves to expect the price going high this end of the year, the real action is 2020, specially after the bitcoin block halving.

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May 21, 2019, 02:29:55 PM
 #52

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.


Many people think that prices will fall, because people think that the increase is already high, and many people will sell it. yeah it will make a correction like some time ago. but the falling price will not last long, it is actually an opportunity for us to buy, because after that the price will rise again. To get to $11k is certainly not an easy thing, many walls must be destroyed and maybe we will still go through a lot of corrections going forward
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May 21, 2019, 03:44:08 PM
 #53

I think we need to go step by step. How can we think about 11000 dollars if we didn't hit even 9000 dollars recently? Bitcoins is showing endurance near 8000 dollars and that is already great news, it's about to break a resistance level, and that is another good point.
Once bitcoin breaks the resistance point and reach close to 9000-9300 dollars the scenario will be clearer. Although it can also be a disaster if a new correction happens and btc reach close to 6000 dollars.

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May 21, 2019, 03:44:29 PM
 #54

snip

There is no guarantee that Bitcoin price will reach 1000$ soon. Yes, it's possible but not necessary. Don't forget that we had similar situation just the other day. Bitcoin price has crossed 8000$ but then pulled back below again, so the same scenario is possible this time too. Corrections can't be avoided.
Bitcoin just has to retest that resistance over and over again until it gives in. I believe that if the price breaks past that resistance, it will shoot straight into 5 digits. Bitcoin has always been unpredictable and it may be sooner than expected. Every time I thought that it will not reach a certain amount, the next day it breaks pass through it.

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May 21, 2019, 04:05:56 PM
 #55

snip

There is no guarantee that Bitcoin price will reach 1000$ soon. Yes, it's possible but not necessary. Don't forget that we had similar situation just the other day. Bitcoin price has crossed 8000$ but then pulled back below again, so the same scenario is possible this time too. Corrections can't be avoided.
Bitcoin just has to retest that resistance over and over again until it gives in. I believe that if the price breaks past that resistance, it will shoot straight into 5 digits. Bitcoin has always been unpredictable and it may be sooner than expected. Every time I thought that it will not reach a certain amount, the next day it breaks pass through it.


and we have to becarefull if bitcoin retest several times and could not broke this level.maybe big correction will come to us.but no need to worry if bitcoin price retrace till around $6k.chance and opportunity will come to us to accumulate our bitcoin amount.

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michellee
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May 21, 2019, 04:08:52 PM
 #56

I am not sure But it will surely get there and even past it. But the question is when? Bitcoin has been trying so hard to get alot past the 8000 mark and if  it does that, we could be in for a great run. In  my opinion, if it passes 8000 and  gets closer to 9000, it might even surpass that 11000. Bitcoin has really been strong even with the dump. So, i expect a great bull run soon.

I am sure that bitcoin will have a power to increase more than $11,000 in the future and it could happen in this year or next year. But yes, I agree with your saying that bitcoin needs to pass $8,000 first and then increase more than $9,000 and then moves to $10,000 so the price can reach $11,000. That will not easy for bitcoin in the unpredicted market, and we could only hope that it's going to happen soon.

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hxtop
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May 21, 2019, 04:53:48 PM
 #57

In Bitcoin, the bull market started a few months ago, so if you don't have to keep it for a long time, it doesn't make sense to buy Bitcoin at the current price. Someone who buys Bitcoin today has to wait at least until 2020 Bitcoin Halving.
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May 21, 2019, 05:36:25 PM
 #58

Let's see how this regrouping worked out, the price was constantly going up for a while until it reached around 8400 levels and then it went down as much as 7400 levels, not that it is back we need to carefully check whats going to happen next. If we can't manage to break another barrier and move even higher than the sad reality is we will probably stay around this level for a long time and even go down a bit.

However, if we can manage to break this one as well and go higher than there is nothing that could stop us until the next resistance level, which means you can put a buy order at 8500 dollars, if the price hits 8500+ dollars then its going to hit more than 9+ thousand dollars as well which will make you profit even if its only a bit. That is why right now I am waiting to buy more bitcoins, I may buy if it hits 8500 but not before.
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May 21, 2019, 05:58:25 PM
 #59

it doesn't make sense to buy Bitcoin at the current price. Someone who buys Bitcoin today has to wait at least until 2020 Bitcoin Halving.

Funny to say  Grin This could turn out to be an error because nobody knows how far bitcoin is going to bull in even the next month. Back in 2017, Price kept tumbling until we got to ATH. At the moment therefore, we both know price isn't there yet. So I still see this time as a good buy.
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May 21, 2019, 06:15:17 PM
 #60

I think the price of bitcoin can exceed $11000 when Bitcoin will do halving in 2020, so for now prices will continue to increase gradually, because I have such principles. History always repeats itself
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