Bitcoin Price - Is $11,000 Next?

[Whosdaddy]

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 think even if it goes down, it would not be down below $3k-$5k. So to sum it up, dumping will bring no good to Bitcoin which would result to dropping of it's price. Now that we see some rise on it price, let's just hope that it is not manipulated by whales.

Although the whale controls the market with large amount of funds but they are not that much in the market to successfully force the price of bitcoin back to ATH without our input, if whales are dumping the price, and we don’t follow them or panic sell, then there is no way the price of bitcoin can fall below $6k no matter the amount they pull out because I am sure that real investors has the major share in the total market capitalization.

What usually make the rice of bitcoin dump too hard is because when whales are pulling out, some investors to do panic along with it and do same; this is what exactly causes the heavy dump and not just actions from whales alone.

[Shinpako09]

That was easy once we touched $10k but before that, we should see resistance in $8k first. As of now, we don't have it. $11k is within our reach if we touch $10k, pretty sure others will talk big again about btc and btc will be seen as good investment again for them because of fomo.

[LimLims]

I would say that, people shouldn't be tensed on these things.
The recent pump was just a casual one in order to support the coin.
Moreover i can see that many are really happy by seeing the growth of Bitcoin.
We still cannot say how much it will rise as its decreasing in a periodic manner too.
But nevertheless let's hope for the best.

[Free1bitco.in]

I would say that, people shouldn't be tensed on these things.
The recent pump was just a casual one in order to support the coin.
Moreover i can see that many are really happy by seeing the growth of Bitcoin.
We still cannot say how much it will rise as its decreasing in a periodic manner too.
But nevertheless let's hope for the best.

I think so many people are very happy with the increase in bitcoin that happened this year. well, even I myself felt that and began to speculate high. however, currently the price of bitcoin has decreased, and the price has almost reached $ 7500. it's true, that the potential of bitcoin is currently so high. but I don't think we really have to be so tense. maybe waiting for a close price will get better. at the moment, I'm waiting for the price of bitcoin to be stable at $ 8000.

[klaaas]

Some bears on the road at the moment, we wont see 11k on the short span. When the bulls going to fight back we will first end up at 8k again before we can push on.

[ngusmin]

For this year, I believe that bitcoin can exceed the price of 11k, and if it is not achieved for the next few months, in the end of the year bitcoin will achieve it.

[trickyriky]

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.

We must not even worry about these temporary fluctuations of Bitcoin price. Finally, the cryptocurrency will make its fastest breakthrough and run to the highest hill. 11 thousand is not a limit for this year.

[amonymous]

The bitcoin price still run and back 7000$ to 8000$ of this month. Basically I don't give you any instructions about bitcoin price, but I have believe confidence. Even now the bitcoin market have good position so I hope it will cross 10000$ in this year.

[thefaucetrunner]

in my opinion, btc price will stay stagnant until the end of 2019 the bull will come but it will never reach new al time high price again, since there are no good issues or breakthrough. i really hope the beginning of 2020 will become the year of cryptocurrency, everyone who still believe in cryptocurrency and kept their btc are going to make huge benefit.

[udidrone]

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 think if price keep like this, bull run will confirmed to come. Because people maybe already buy and hold their bitcoin and wait for big price and take profit with it. People shouldn't be worry about correction because it have bigger chance to increased again.

[bitbunnny]

In some period of time yes, Bitcoin price will go again to 11000$ and more I believe. But not so soon, if you ask me. To my opinion price will continue to fluctuate and some corrections will happen from time to time. So in the next period the price will stay in the range between 7000$ and 8000$. I don't expect some significant growth.

[Barbut]

In some period of time yes, Bitcoin price will go again to 11000$ and more I believe. But not so soon, if you ask me. To my opinion price will continue to fluctuate and some corrections will happen from time to time. So in the next period the price will stay in the range between 7000$ and 8000$. I don't expect some significant growth.

Exactly what I`m thinking, bitcoin will reach $11k in some time and much more after that. $11k is just one stop to the top, and there will be many more stops, and turning back before we reach some very high price. I`m not thinking about short period, I`m thinking that $11k before the end of this year would be great price, warming up for halving.

[Harlot]

in my opinion, btc price will stay stagnant until the end of 2019 the bull will come but it will never reach new al time high price again, since there are no good issues or breakthrough. i really hope the beginning of 2020 will become the year of cryptocurrency, everyone who still believe in cryptocurrency and kept their btc are going to make huge benefit.

There's really no sign that BTC will remain in this level for too long, it hadn't pump like this without any reason to have attempts to go to another level especially when we are at a price nearing the 10,000$ mark. Before we even think about it having on moving up on a next consolidation stage which is around this level we need to see BTC re-test key resistances name the ones in the 9,000$-10,000$, if it fails then you are right but if it breaks those levels then we can expect another re-test to another resistance level.

[Noilee]

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.

You're right, but everyone are hoping btc price will hit $11,000 sooner after the few months. Most people believe that it will happen, if we see the price now, because we experience already there is bullish market. So we just continue believe in bitcoin.

[joshua123]

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.

You're right, but everyone are hoping btc price will hit $11,000 sooner after the few months. Most people believe that it will happen, if we see the price now, because we experience already there is bullish market. So we just continue believe in bitcoin.

Few months? Maybe we just need a month or two for this to happen. Lots of good things happening now on the bitcoin network. Not to mentioned the legal aspect is moving forward. Only a matter of time before, investors came back again and trust btc as a currency that will likely be used for transaction.

[maydna]

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.

You're right, but everyone are hoping btc price will hit $11,000 sooner after the few months. Most people believe that it will happen, if we see the price now, because we experience already there is bullish market. So we just continue believe in bitcoin.

How if the next price will be at $9,000 and then $10,000 because if we say that $11,000 is the next target price, it will be difficult to reach in a short time. But if $9,000 is the next target price, then I think it will make sense since the price now is at $8,000 and I think we don't have to wait for a long time.

But it will depend on the market itself because if there is a big pump coming, it will push the price to increase in shortly and will break every barrier so the price can directly jump to the next target price. Besides that, we still have more time to see bitcoin price will increase higher and not just for $11,000, and I think before the halving, the price will reach the highest price.

[Cherylstar86]

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.

You're right, but everyone are hoping btc price will hit $11,000 sooner after the few months. Most people believe that it will happen, if we see the price now, because we experience already there is bullish market. So we just continue believe in bitcoin.

  We have to be positive and optimism for the great bull trend occur. The  market may fluctuate, still I am confident on visioning an accurate and positive output will always exceed in the mere future as its price has headed up desiring and bountiful. Maybe by the next few months it will continue to arouse massively.

[BitFinnese]

[
  We have to be positive and optimism for the great bull trend occur. The  market may fluctuate, still I am confident on visioning an accurate and positive output will always exceed in the mere future as its price has headed up desiring and bountiful. Maybe by the next few months it will continue to arouse massively.

Massively?  When BAKKT that is expected to have its decision is again delayed?  I would say, let us see if Bitcoin will break that $9000 resistance then $10k resistance before talking about $11,000.  Unless this two price is broken, we cannot talk about the $11k price of BTC.

[Gaff]

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.

You're right, but everyone are hoping btc price will hit $11,000 sooner after the few months. Most people believe that it will happen, if we see the price now, because we experience already there is bullish market. So we just continue believe in bitcoin.

  We have to be positive and optimism for the great bull trend occur. The  market may fluctuate, still I am confident on visioning an accurate and positive output will always exceed in the mere future as its price has headed up desiring and bountiful. Maybe by the next few months it will continue to arouse massively.

That's a great motivations right now mate, we shouldn't just stop at a certain limitations because as long as people believed in bitcoin there's always a bigger potential to meet those expectations. Hope for the best that $11k or much higher can be achieved in the near future, maybe not tomorrow or today but as long as it because sustainable. Let's continue to share good information and set aside thus bad frustrations behind.

[LUCKMCFLY]

Thus, it must be borne in mind that now the good news is taking place in a big way, these prices are due to the fact that there is a massive amount of people who are buying in the market.

Following some Exchanges I have seen that there is now a greater volume of purchases, which is favorable for the market capitalization to rise, if this is fulfilled it is possible that for a long time we will not see the price of bitcoin recede, but on the contrary rise , or that a good bullish trend is formed within the phase of market accumulation.

If in this stage of market accumulation, according to Wyckoff, what is intended is to eliminate all supply coming from low price levels, giving as a source that a possible bullish trend could emerge more quickly, in order to accumulate the 70 % of bitcoins.