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Author Topic: Will BTC hit $11,500 in June 2019?  (Read 9668 times)
CryptoBry (OP)
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May 26, 2019, 07:09:04 AM
 #1



There is analysis I read somewhere that bitcoin can be staying flat for the next few weeks until within June 2019 there can be a breakthrough that can trigger bitcoin to go beyond the barrier of $10,000. The continuing positive overall market sentiment is a big signal that bitcoin is going into this direction. There is an occurrence of a mild correction happening from time to time this time which by the way offers a good opportunity for people to get in with the bitcoin bandwagon.

I am sure that bitcoin lovers will be happy and excited to witness bitcoin finally breach the $10,000 level after staying comfortably in the $8,000 zone. Do you think bitcoin still has the energy left for the run towards the $10,000 stopover or will there be some retracement instead.

Take a pick. Make your guess. And let's watch which will come true...
Cacingkemi
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May 26, 2019, 07:17:23 AM
 #2

June is next month, now BTC is still in the comfort zone like your words. I think there is an increase again in July not in June cause this comfort zone IMO is still vulnerable to correction, but my opinion maybe wrong and hope wrong cause I also want to see a better increase from BTC.

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May 26, 2019, 07:22:43 AM
 #3

I do not think so. Bitcoin is still struggling to break the price level of $7800 - $8000. If it goes beyond the price level of $8500, by the end of this month, then it might touch 11k. There is too much resistance at 8k.

But , hey this is Bitcoin and anything can happen.

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bitbunnny
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May 26, 2019, 07:25:40 AM
 #4

I don't think so, it's too early. Although everything is possible with Bitcoin and price can change easily I don't think we will see such pump so soon.
Price is still vulnerable for corrections and in the next month or two it will probably stay in the current range. For price above 11000$ we would need continuous growth and that is not going to happen.

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May 26, 2019, 07:31:19 AM
 #5

my speculation is a slower rise from here to $10k which may take a while and then a "breakout" happens but not before. which means talking about $11.5k is not really important for me, i care mostly about the $10k target and when that is going to be broken because when it does we can easily see a big rise follow that up right away in which case $15k is a more possible next target.
but then again up until that point can take a couple of months.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
Apes
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May 26, 2019, 07:39:50 AM
 #6

June is next month, now BTC is still in the comfort zone like your words. I think there is an increase again in July not in June cause this comfort zone IMO is still vulnerable to correction, but my opinion maybe wrong and hope wrong cause I also want to see a better increase from BTC.

I also think the same. it seems like BTC hit 10K in June too early. nowadays BTC is very difficult to cross 8.5K barrier. various predictions may occur, I am very supportive if it can indeed touch 10K in June. if at the end of this month BTC can touch 9K, June BTC can run up to 10K like OP said. hope it will happen.
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May 26, 2019, 07:51:12 AM
 #7

At this moment, Bitcoin's price is going sideways and it will be June 1 in 5 days. I don't think the price of Bitcoin has enough momentum as this moment to reach 11,500$ in the month of June. I speculate that it will reach the 5 digit price but I think it will not be June. Maybe on the second half of the year Smiley

 
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millgates
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May 26, 2019, 07:54:16 AM
 #8

It seems that it will not happen in june. Maybe August, this time bitcoin price will fall to around $6.000-$7.000 after that the price will rise again. Since the demand for bitcoin is big then people who buy bitcoin at $3.000 -$4.000 that sell their bitcoin now don't give significant impact toward bitcoin price movement. The price now stable between $ 7.500 - $8.000. But this will not like that for long time. The price will go up again soon. I am doubt to buy bitcoin this month and next month. Maybe August is the right tine for me to buy bitcoin when the price of it is rise.
Stanlo
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May 26, 2019, 08:56:23 AM
 #9

It is very possible for bitcoin to grow up to 11,000$ by June only if it can break the 8k resistance I'm yet to be confused though but the 11k price is possible this year
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May 26, 2019, 09:11:34 AM
 #10

with the current momentum that bitcoin has, reaching a price above $10k in a month from now is a very easy thing because you have to consider the size of this rise which is only a small 25% rise from the current price whereas we have already had a much bigger 170% rise this year mainly in the past 2 months and it is still not yet a full blown bull market.

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stfN2128
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May 26, 2019, 09:14:33 AM
 #11

Its hard to speculate about 3k$ in 1 month. Sure it is possible, but i think if the next wave is going up we won't go higher than arround 10.3k$. But i wouldn't be really unhappy if i'm wrong Wink 10k$ is a very psychological mark, either we are hitting it and stay nearly flat for a few days or we are hitting it and than we will see a dump like one week before. I really don't think that buyers will push the price without correction / break up to 11k.
Janation
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May 26, 2019, 09:24:07 AM
 #12

I don't know what to say.

I mean there are a lot of times that BTC surprised us with a pump, it is the same with the recent pump when it just burst out of $3K to $8K, it doubled the price and now it is staying at that price. I think it can be doubled and higher than $10K, it may reach higher than that but will be getting back to $10K or $9K because of the correction.
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May 26, 2019, 09:32:41 AM
 #13

Right now i expect for btc to break 8200 resistance and go for 10k $. But i am not sure it can also break 10k$ in a month.

So my guess would be 9-9.5k $ value for bitcoin in June 2019.

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May 26, 2019, 09:34:41 AM
 #14

We still don't achieve 8500$ mark now and it barely holds on $8k. Hoping for $11,500 for the next few weeks is just too much and if it really happens be prepared for a huge correction too. We can all just speculate but in the end it's the market that will decide.
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May 26, 2019, 09:47:22 AM
 #15

June is like a few days from now and I think 3k$ pump is very impossible,  we haven't even reached 8.5k$ until today. Though the market trend right now is upward and 3k$ is just a big amount but who knows, we can't really tell. I just hope it will continue to rise and maybe reach 11.5k$. I guess, we just have to wait and see.
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May 26, 2019, 09:51:17 AM
 #16

We still don't achieve 8500$ mark now and it barely holds on $8k. Hoping for $11,500 for the next few weeks is just too much and if it really happens be prepared for a huge correction too. We can all just speculate but in the end it's the market that will decide.
No problem with that because soon we will achieve $8500 and we will see the price increases and reach $11,500.
We have a few more days before this month end so the price will also have more time to increase higher and we should be patient to wait and meanwhile, we can add more bitcoin to our wallet and wait for the next increases.
There will be many more speculation from other people that will make us confuse to choose which speculate that we can use as our analysis so we can make our own price to buy or sell bitcoin later.

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May 26, 2019, 10:24:34 AM
 #17



There is analysis I read somewhere that bitcoin can be staying flat for the next few weeks until within June 2019 there can be a breakthrough that can trigger bitcoin to go beyond the barrier of $10,000. The continuing positive overall market sentiment is a big signal that bitcoin is going into this direction. There is an occurrence of a mild correction happening from time to time this time which by the way offers a good opportunity for people to get in with the bitcoin bandwagon.

I am sure that bitcoin lovers will be happy and excited to witness bitcoin finally breach the $10,000 level after staying comfortably in the $8,000 zone. Do you think bitcoin still has the energy left for the run towards the $10,000 stopover or will there be some retracement instead.

Take a pick. Make your guess. And let's watch which will come true...

Your somewhere is still speculation until you posted that article where you read it, everyone can predict but there should be a logic behind it, we are in a bull run and it's a few days before May what could possibly trigger the $11,500 in a volatile market we need a good and realistic analysis.

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May 26, 2019, 10:59:39 AM
 #18

June is like a few days from now and I think 3k$ pump is very impossible,  we haven't even reached 8.5k$ until today. Though the market trend right now is upward and 3k$ is just a big amount but who knows, we can't really tell. I just hope it will continue to rise and maybe reach 11.5k$. I guess, we just have to wait and see.

I agree with you.
Right now we have a lot speculation and manipulation in the btc market and I feel that soon we may see some corrections in the btc price.
Bitcoin will fall short before it rises again, as always.

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May 26, 2019, 11:55:16 AM
 #19

It all depends on the market we have seen it calm down at $8K and playing the price around $7.9-8k right now,
So if this continue then it wouldn't obviously and I don't think that it would change anytime soon unless there would be a positive news about Bitcoin that would drive the price up.

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May 26, 2019, 12:02:15 PM
 #20

$11,500 per bitcoin this June is really exciting, but it seems far from reality. Currently, better to enjoy the nice and slow rise. Do some short trading to take advantage of the situations. $11,500 might be a reality towards the end of third quarter of the year.
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