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Author Topic: Will BTC hit $11,500 in June 2019?  (Read 9605 times)
Erickan
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May 26, 2019, 12:09:57 PM
 #21

There has not been any move to show that bitcoin can break $ 8k5 in the near future. The market is still trading in a very narrow range from $ 7k5 to $ 8k, the expectation that bitcoin can break $ 8k5 is a possibility. But I think we need more time, I hope in the next two months there will be good news for bitcoin.
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May 26, 2019, 01:17:38 PM
 #22

We need to wait for a few days because we are on the last day of this month. But I hope that it could be happening in June 2019 so it could help me and other people to gain more money from bitcoin. Many people are waiting for this, and they prepare to sell bitcoin at that price, and perhaps, some of them expect they can recover their loss

But if the price cannot increase by more than $10,000 then we need to be still patient to wait for the price increases. Perhaps, the price will appear in this year, but we are difficult to know when the price can increase and in what month it will happen.

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May 26, 2019, 01:24:38 PM
 #23

Right now am looking at the resistance, but only if the resistance can be crush then we will experience such a surge without any iota of doubt but if that's not gona happen, then am not seeing any thing changing in respect to a surge in June 2019. The current corrections are something to look at before envisaging another surge in few weeks time from now.

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May 26, 2019, 01:33:17 PM
 #24

It's unlikely but I like the possibility, I don't believe it will reach that only a few days before June and the price is still the price is going up and down, for this to happen it's going to be a big pump or big pump, bypassing the $9000 and $10000 level is unlikely at this point of time, but I'd like to eat my words.
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May 26, 2019, 01:55:23 PM
 #25

If this even happens I would say that we need to break some big resistance at $9k and $10k to make this. Obviously, It will not be so easy to happen but as it is Bitcoin and did a massive growth over the last month, It can happen too.
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May 26, 2019, 02:11:25 PM
 #26

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.
Month of June is the last month of the 2nd quarter and I think the price of bitcoin will be good so $9k is possible and can go high again. Bitcoin will not stay on the level of $8k, it will start to grow again and in the first week of June the price will test the resistance again.
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May 26, 2019, 02:12:35 PM
 #27

Bitcoin is now staying in the comfort zone. And yes, I think Bitcoin's value will increase further this June. Bitcoin value is now very good, and hopefully it will increase further. It is a good news for Bitcoin users that it's value is probably going to increase again.
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May 26, 2019, 02:18:35 PM
 #28

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.


agree feels like it will stay for a month in this zone waiting to break to either direction. might see a correction also before going back up again.
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May 26, 2019, 02:55:47 PM
 #29



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...

The possibility for it to reach $10000 during June is high sure, because we're going through the bull run, so everything is possible
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May 26, 2019, 03:16:59 PM
 #30

$10000 is surely a possibility for the next month, though again everything is still vague and shaky from this point as there doesn't seem to be any clear reason for price to push, and market activity seemed to have plateaued between the buying and the selling side for a few days now. The correction has already happened (or so we think it did) and there's nothing holding back the price to lunge into higher highs for 2019.
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May 26, 2019, 03:29:35 PM
 #31

I don't think so the movement for the last two months is very slow but steady, and it will continue that way heading to the 3rd quarter it will increase fast last quarter of the year heading to the much-awaited halving, even the news about Facebook coin did not help to pump Bitcoin.

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May 26, 2019, 03:42:19 PM
Last edit: May 28, 2019, 05:20:48 PM by gabbie2010
 #32

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.
Yes the resistance at $8K had been very strong price rallied most of the time it hits that zone and retraced or pullback its almost five times that the price of bitcoin tries to breach that zone but unsuccessful,  however once that strong resistance is broken the price might journey to next zone at $10K+ the tendency of the price reaching $11500 in June might not be realistic  yes.

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May 26, 2019, 04:31:46 PM
 #33

It is possible at least at $10,000. We are being restricted by the $8,000. A little push above it will see price running fast to next major level which is $10,000 and $11,000 area.

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May 26, 2019, 04:41:31 PM
 #34

Right now, it's a gamble to say. It depends how long we go sideways here at the $8,000 level. The longer we consolidate now, the more powerful the next breakout will be.

If the breakout happens soon (next day or two) then I think we'll stop near $10K. If we slosh around for a couple weeks first, then I could see a move higher towards $12K.

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May 26, 2019, 09:03:55 PM
 #35

You writes that at this time bitcoin stay at comport zone, and it's around 8k $! yes it's true that since from some of days bitcoin stay at 8k, it was started from around 3k, now it's reaching more then 8k within just one month and some of days! it's a fantastic growing within few days! and I hope bitcoin will reach 10k between june!
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May 26, 2019, 10:01:02 PM
 #36

Mild correction has to happen to make it balance so I'm already expecting that to come. As per checking the prices now, we just made it ot $8,600 and $10,000 is just around the corner.

Think of it, we came from $3k to $6k back to $5k and now we're mooning and totally on $8,600. I still can't say how much the support would because it's still testing the waters. Whenever bitcoin becomes stagnant, it's always surprising us with this kind of trend.

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May 26, 2019, 10:27:27 PM
 #37

$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.
The chances will be 50/50, really far from the reality but may possible to happen at any moment. Bitcoin isn't that aggressive moves and it slow down when reaching into $8k, as I look into CMC right now it top into $8.5k really have that huge short if we are targeting into $11.5k next month. But the market still rolling and everybody knows the capability of bitcoin to cover up such short. Let's see what we've got next month, its a thrill.

R


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May 26, 2019, 11:03:19 PM
 #38

Is hard to know if will happen, but i think is possible until the end of June if people buy and buy and if there not come some whales who want to hold the price low for some time.
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May 26, 2019, 11:53:04 PM
 #39

Possible Bitcoin might hit $11,500 next month since we are already at $8700 today. Maybe at the last week of June, we will gonna see Bitcoin hitting $11,500 this year but if not then the possible price would be $10k. But let's not forget the price correction that might occur so the possibilities of hitting $11,500 this June might extend in July.

I am just trying to speculate the price according to the chart but this is not really the official one since everything would happen in the market.

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May 27, 2019, 01:02:52 AM
 #40

$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.

Do some short trading to take advantage of the situations - sounds cool, all I need is a crytal ball, otherwise trying that is most likely going to end in a face plant.
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