Bitcoin price Will be 11,500 by June 2019!

[Johnii]

The mid-term analysis is positive: it’s based on technical indicators and fundamental analysis. So, what is this assumption based on? The 20-day exponential moving average is increasing and the BTC price is above the EMA (20).

There is an ascending trend channel being formed on Bitcoin’s daily chart, which is a strong continuation chart pattern. Besides, the price is perfectly confined within the trendlines of this channel, and the next implied price target is located at $11,500. The two intermediate price targets are located at significant resistance levels at $8,500 and $9,500.

Positive dynamics in fundamental variables of the Bitcoin network, such as continuing growth in the number of daily transactions and the number of active wallets, reinforces and confirms an upward trend forecast for Bitcoin’s market price.

Currently, the mean value, as measured by a 20-day moving average and a linear regression channel, is estimated in the range of $7,000-$7,500. Therefore, what we’re seeing now is a ‘healthy’ short-term correction in a bull market. We don’t expect it to move below the nearest significant support level at $6,500, which coincides with the lower trendline of an ascending trend channel.

So, how to trade BTC for maximum gain? Buy BTC at around $7,400 and get your profit at $11,500.
https://i.imgur.com/juKucMY.jpg


Alanmasters claims that BTC will disappoint many people. Why? Because they are waiting for Bitcoin to go down, but there is no reason for it to do so!

There can be many bearish signals, but the market has a life of its own. At the most, he expects a sideways consolidation – we can't be bearish if we continue trading above EMA10. If BTC/USD remains above this level, expect for it to go higher and reach the next resistance, the next target.

Where will Bitcoin go then? We are heading to $10,000 regardless of the signals, the bullishness lately is just way too strong.

https://i.imgur.com/2p0IkRj.jpg

Sherem comes up with a simple explanation of what's going on. Take a closer look at the Bitcoin price pattern: it looks like an ascending triangle. That’s the simplest and the most likely explanation. Maybe also it's because of the strong weekly MACD.

Even if this parameter doesn’t play here, we already made out huge with the run-up to $7,500. Re-entered in at $7,200. We have our stops in place. Don’t miss the chance to enter the market and buy some BTC before it finally soars.

Final thoughts
Despite traders’ belief that Bitcoin has entered the bearish zone, a lot of technical indicators prove that it’s still capable of making a few substantial leaps. It’s more than possible for it to reach the $11,500 level in summer 2019 – it’s not all lost while it’s holding above $7K.

[arbiter5]

[vycl87]

The forum is full of predictions like it's dozens of garbage. I do not respect these predictions on my own behalf.

[Genemind]

I personally respect your prediction but honestly, it is really hard to believe in different speculations and predictions about the price of Bitcoin in the future.
It's just fine to aim for the best price but we all know that Bitcoin has been really unstable so as for me, no prediction would be accurate due to its volatility.
I'm not saying that Bitcoin couldn't possibly reach that value but let's just follow our own perspectives as long as we are gaining a good profit through it.

[Muzika]

Prediction are always there but in reality no one knows what would be the next thing on the price of bitcoin and other crypto coin, i dont know why people are trying to influence others by publishing their prediction with the fact that people are aware that no one really knows what would be the future price.

[betty11]

Hahaha, once we enter a bullish market, predictions roll in like a heavy rain fall. Anything is possible with bitcoin, but one should be careful not to fall for predictions, and when it doesn't hit a target so as to avoid dashing one's hope. I will  come back here it this comes true.

[nicolaz.zhu]

Some people say that this year's bitcoin prediction will soar. It's just that we don't know when that happened. My prediction in June will only reach $ 9,000

[traderethereum]

Let's wait and see for what will happen in June 2019, so we will know how much bitcoin price will increase.
People could make their own prediction base on their analysis and even we can make the prediction too.
But one thing that we should remember, the crypto market or bitcoin market can run into any price so we should not be panic if the price is running out from our prediction.
If we can prepare for anything, then we should not worry, and we could make any decision related to the market.

[BitMaxz]

Bitcoin price is unpredictable we don't know what will be the price of bitcoin on the next day or next month just make sure that you have enough bitcoin holding while the price increasing.

However, in my own sight, the price will stay stable at the current price around $8k unless if there is another upcoming good news just like what happened this year about AT&T if you heard them.

Big news still has a big impact on bitcoin price but since the bear market is over there are still possibilities that the price of bitcoin will increase more than we expected, look at the price what happened last 2017 after block halving we see a huge price increased so in nearly block halving we will see a little price increase until block halving we will see the huge price increase again with the highest value of bitcoin.

[Adriano2010]

I also think is to soon to have 11,500$ on June, also the price is volatile and even if predict there always can something happen and the price to not rich so high, but 11500$ is possible this year but i don't think so soon.

[kryptqnick]

The price might make a big jump ahead and reach $11.5k by June, but I think that it's not likely and even if it happens, it's not a good thing. Not likely, since it's the end of May already, and while Bitcoin is holding the $8k position, it really does not look ready for multiple 10%+ price jumps. It's good if Bitcoin stays at this price or moves forward a bit, stabilizing around $9k something. Otherwise, the jump will be followed by a dump, resulting from some FUD or simply as a price correction. Who needs $11.5k in June, but then $7k for months after that? I think that the gradual conquering of price barriers we see nowadays is best from a long-term perspective.

[smartbitcoininvestor]

This is a good analysis however I think the price will likely end up somewhere between $7300-$9100 by June.

[leonair]

It's too good to be true for some, based on my own experience these past few years Bitcoin and other cryptocurrencies needs to have a reason/s to soar high and as of now I don't see any valid reason for it to go $11k+ by June, or maybe I would be wrong.

The good thing right now is that there's no sign of dumping or big dip and I can stick to that.

[rodel caling]

Awesome pretty great sharing analysis from the op of this thread, great heard that bitcoin is goes continues into positive green signal to upwards their price smoothly.
11,500$ by this june possible in my own future prediction bitcoin will rise higher than before all time high price value at the coin market cap so let's us wait and minitor this future peice of bitcoin.

[Ailmand]

LOL! Actually there had been a lot of speculation about the price of cryptocurrency, especially that the price of it is increasing as time goes by. A lot had been expecting this since there is almost about a year before the much awaited halving.

[Youghoor]

Well, all these above are basically your assumptions based on the changes you have seen happening in the crypto market. There are good probability of Bitcoin price reaching the $11,500 price mark you are predicting in June 2019 but there are also other possibilities that could cause the price of Bitcoin to drop to either $6k or $5k.  We just have to wait and see.

[bitcoin31]

Bitcoin increased again and now is already $8700 from $8000 last few hours ago they increased to that value.  More than 9 percent the price increase in just few hours only Im still waiting to reach $9000 this day and bitcoin is quiet stable last 2 weeks but iw ill grow again today Im expect again more pumping happen next month and $11,500 is tottaly happen.

[creeps]

Crystal ball can give the right prediction. Haha.
Anyway, we are excited again but hopefully no more small correction because we should be heading to the moon now. $11500 might be possible, time will show it for us and one more week before we enter into a month of June so let’s wait and believe on this crystal ball.  

[kvipcn]

This is good analysis on the possible market value of Bitcoin but what you should understand and know is that the crypto market is full of surprises. The price of Bitcoin might be $11500 as you predicted but it can also be that the price will drop to $4k in June.  

[sandra_x]

Hilarious.No one really holds the crystal ball when it comes to bitcoin price prediction. Bitcoin has a mind of its own,does shit when no one expects it and comes bullish when people begin to lose faith.In all,the future is great for all btc lovers. 11500$ bitcoin by June is not so hard to achieve

[Astvile]

Bitcoins price is unpredictable,yes we all know that one day bitcoin will surge up again and pump up in price maybe double from now but to be real your prediction on June 2019 is just few days away and we cant see bitcoin crossover $9k mark tho its close as of this moment we cant make sure that this price will be stable or if there will be any huge support to help bitcoin remain at $9k and then jump to $10k to $11k.If this price will be stable and strong at $9k then we can see it maybe at $11k maybe on July not so early this month.If bitcoin would remain strong at $9k the whole month duration of June then surely we can hit $10k but not $11k or $12k

[Herbert2020]

every time i start thinking price has stabilized the next day there is a price rise to a new short term high level which is indicating the very strong momentum that has shaped up in the market that can not be slowed down anymore. but i still remain skeptical about breaking $10k resistance and going above that market to set a new high at $11.5k because i believe that this resistance is going to prove to be stronger than you think which means it will take a lot longer to break.

[gipsongos2]

I think there are several prerequisites for the growth of Bitcoin. More and more e-commerce sellers are ready to integrate cryptocurrency into their payment systems, and even there have already been cases when people bought goods and paid for Bitcoins. In addition, there have recently been favorable news for cryptocurrency from several states. In general, this should increase demand.

[shannelcoin]

Ant threads is like this it's all predictions about what will be the price of bitcoin. But as we all know that theirs no one can really predict the next highest price of bitcoin so much better that we look the market so we see in our own eyes what will be next happen. Many of us are wants bitcoin to move up but they not think that fees will be higher too.

[kazyfh]

I think there are several prerequisites for the growth of Bitcoin. More and more e-commerce sellers are ready to integrate cryptocurrency into their payment systems, and even there have already been cases when people bought goods and paid for Bitcoins. In addition, there have recently been favorable news for cryptocurrency from several states. In general, this should increase demand.

After Amazon, Microsoft, Samsung, Ebay, JP Morgan and other companies announced work on the blockchain projects, I think many even became interested in cryptocurrency, who had never tried investments before. And bitcoin is the most purchased currency. This led to growth.

After several failures, when the currency went up, and I did not invest, I realized that I was missing a wonderful opportunity. And it's time to buy a cryptocurrency. I think that was the thought of many who previously did not believe in the return of Bitcoin to previous positions. And even if you are not bargaining now, you definitely need to follow the news. Now I subscribe to the taklimakan news and market predictions to prepare in advance.

I also do not exclude the reason for the growth in purchases of cryptocurrencies and Bitcoin, in particular, by the fact that more users have become interested in them and decided to buy for fear of losing profit - this is the effect of FOMO

[CBANX Ltd.]

Rather I will say Bitcoin will cross this figure in the near future if you analyze the flow of green candles in the Bitcoin market then you will realize that the crypto bulls are back and now to stay for long.

[adaseb]

I think unlike 2017, this time the $10K milestone will be pretty difficult to break-thru. Remember that back in May 2018 it never actually broke thru $10K, it came very close and everybody assumed it would break $10K and head to a new ATH but it stalled right before and headed lower.

So people are prepared this time and most likely they will be selling off somewhere in the $9800-$9950 area just to be sure they can get their orders filled incase it ends up stalling at the same area last year.

[Farma]

the increase in bitcoin prices at this time certainly gave birth to so much new speculation. even people have begun to speculate that the price of bitcoin will be more than $ 10000. well, I also hope that, I hope this year is really very good for crypto development.

[dark08]

I see a lot of prediction about Bitcoin price well we cannot deny that we already on Bull run situation and I respect OP prediction since everything can be happen in cryptoworld even this prediction can be reach in short period of time but personally its really hard to break the $10k level like what happen to 2018 situation the price continue to fall but if this level break we will see a new all time high take note that 2020 halving will come sooner most people assume a huge increase by Bitcoin when halving comes.

[waitlevvy37]

I think the most important thing about crypto trading is studying, not luck like btc pumps, btc dumps. With a proper knowledge it is easier to predict market and be less vulnerable. I like using binance, coursera n taklimakan. thesse sites usually helps me to keep my wallet safe

[Kevin77]

Why specifically 11500 ? I checked the resistance levels at 11.5k wasn't one of them, we have some around there but not exactly there. I think by june if we continue with this bull run we will definitely be above 12 thousand dollars, I am not sure how long this bull run will continue but it gets easier and easier each time. The hardest resistance to break was 4200 and we are already way above that (100% on that) so it is going to be super easy for us to break 12 thousand dollars.

We are on the verge of breaking 9 thousand dollars right now and I believe this week we may break that as well, after the weekend is over another bull run will happen and that may get us to promised land. I think the 11.5k+ is a good mark but exact price is weird, if you said "over 11.5k" I would have agreed.

[Naida_BR]

The forum is full of predictions like it's dozens of garbage. I do not respect these predictions on my own behalf.

Indeed. We see one day of a green market and everyone starts writing his prediction.
And on top of that, there are not any clarifications for giving those predictions. It is just assumptions that happen due to the fact that the market is green.

[exstasie]

Why specifically 11500 ? I checked the resistance levels at 11.5k wasn't one of them, we have some around there but not exactly there.

I think the 11.5k+ is a good mark but exact price is weird, if you said "over 11.5k" I would have agreed.

It's just an approximation. It's in the area of the monthly pivots from Feb-Mar 2018. Price often falls short of the actual resistance level by a little bit. Sort of like when BTC topped out at $9,950 last year, just shy of the $10K psychological level.

That's why some people are predicting targets like mid-$9,000s instead of the actual monthly pivot ~ $9,950. As far as profit-taking levels go, it's a safer bet.

[dothebeats]

Easy call, and with the recent run-ups made by the market in the past 2 days, it's possible breaching $9000 within the next week and march towards $10000 mark. $11500 is a bit daring target IMO and $10000-$10500 is somewhat the most conservative bet one could have if we take a look at the current market conditions.

Price often falls short of the actual resistance level by a little bit. Sort of like when BTC topped out at $9,950 last year, just shy of the $10K psychological level.

True that. There are really some tough guys on resistance levels causing the actual price to fall short of the actual projected target.

[Bezobraznike]

Hilarious.No one really holds the crystal ball when it comes to bitcoin price prediction. Bitcoin has a mind of its own,does shit when no one expects it and comes bullish when people begin to lose faith.In all,the future is great for all btc lovers. 11500$ bitcoin by June is not so hard to achieve

   On the time when people loose their hope sells and buys stop and the price begin to growth.
   I do not believe to this prediction at all. Too short period of time to it happen and lots of coins are going to be sold when bitcoin climb to 10000$. People are too impatient.

[akela04]

Now bitcoin is growing rapidly, this is the most successful month for the first cryptocurrency in the last year and a half. But after such a rapid growth, bitcoin can survive a strong rollback. It is therefore unknown whether the price will be $11500 in June or not, bitcoin has become very unpredictable recently.

[arpon11]

Now bitcoin is growing rapidly, this is the most successful month for the first cryptocurrency in the last year and a half. But after such a rapid growth, bitcoin can survive a strong rollback. It is therefore unknown whether the price will be $11500 in June or not, bitcoin has become very unpredictable recently.

I don't think that bitcoin has become unpredictable because some of the predictions we make here has come to past and I did not see why bitcoin is been looked at as " unpredictable recently". When in March the signal for the current bullish trend was trigger we said it here and op has give reasons why bitcoin is going to grow to $11,500. I do believe that bitcoin has a great momentum at the moment and if it can capitalize on those momentum there is no way it will not cross $11,500.

[harizen]

..there is no way it will not cross $11,500.

The point is, reaching $11,000+ mark is really achievable and making sense to believe that it will happen but for predicting also the specific month, it might just create a fake expectation.

No matter how the professional analysis was made, providing it has lots of backed up ideas and explanation, it can't be served as a reference to predict a certain price in an exact month. Maybe the appropriate term can be used here is "3rd quarter, 4th quarter of the year", etc.

[Shinpako09]

It's not that i'm not optimistic but I guess that price will be seen in 3rd quarter. Considering there are some back down and resistance. The achievable this June is $9k or $10k not unless the price will pump up fast again but would result into falling fast again. I'd rather take this one slowly like the one price doing right now.

[Slow death]

we're at $ 8500 and today we can touch the $9000:



touch $9000 temporary, after the price fell a lot, but if in the next weeks we break this resistance we will have a better chance of reaching the $11000 still in the month of June.

The forum is full of predictions like it's dozens of garbage. I do not respect these predictions on my own behalf.

You do not have to respect these predictions, they are predictions, they are things that can happen or may not happen

 

[Capt00]

We are all in a wild guess,  all are still speculations even we have that TA's or something that could lead us from nowhere. It absolutely we are not holding crystal ball and even we have, still not a guarantee to make it.  A lot of things that will change the trend and maybe we will be shock if it drops because we are expecting to much.  

I also found similar topic https://bitcointalk.org/index.php?topic=5147417.msg51219813#msg51219813

[Ridwan Fauzi]

The market sentiment has been spreading by positive information then I think we can reach back the $9000 till we will see its price touch $11.000 in the end of june. Just need a several times to make it happens, I was feeling the increased price bitcoin at this years has similarities with price movements in 2017 ago. When many positives new has been popping up especially for the information of facebook has choosed to announch their coin will be use in 2020 for payment system. Because of that there are many people who has ready to buy bitcoin again to make a target to sell bitcoin on the event.

[oseikuf44]

I think 10,000 USD price by the end of June which is 30 days from now is possible looking at bitcoin hovering around 8000 USD. If the demand for Bitcoins as a result of traders thinking of another Bull run, then probably Bitcoin can be 10k by June. However if the same price movement over the last quarter continue to trend , no doubt We can see Bitcoin between 8000 to 9000 by June 30.

[poodle63]

I think 10,000 USD price by the end of June which is 30 days from now is possible looking at bitcoin hovering around 8000 USD. If the demand for Bitcoins as a result of traders thinking of another Bull run, then probably Bitcoin can be 10k by June. However if the same price movement over the last quarter continue to trend , no doubt We can see Bitcoin between 8000 to 9000 by June 30.

Bitcoin can grow from 8k to the almost 9k just in a few days. I have no doubt about that and what i was feeling doubt when there will be another bad news for bitcoin. To keep this positive trend is really important to make it happen. FOMO will begin when there was a reason to pumping it.
10k looks so easy when we are seeing what has already done by bitcoin right now.

[STT]

I see no compelling reason for such a large gain in small amount of time.  Its more likely we go back to 6000 and retrace gains in some profit taking.    If we look at the longer term daily chart it might be feasible, but I only think 11,500 target occurs if somehow its easy and volume is light in this area -





So the very rough trend for this current move gives us a good gain but nothing as large as 11k in this few days.   So people calling for this are talking about a breakout occurring, it would be exceptional to do this

[JohnBitCo]

The market sentiment has been spreading by positive information then I think we can reach back the $9000 till we will see its price touch $11.000 in the end of june. Just need a several times to make it happens, I was feeling the increased price bitcoin at this years has similarities with price movements in 2017 ago. When many positives new has been popping up especially for the information of facebook has choosed to announch their coin will be use in 2020 for payment system. Because of that there are many people who has ready to buy bitcoin again to make a target to sell bitcoin on the event.

I am not sure when it will reach 11,500$ but it will reach that value soon. There are many resistances and bitcoin might pump and dump few times before it can pump to 12,000 and beyond. With the passage of time, bitcoin is becoming more popular and more people/countries are adopting it.

After a year or so, we might not even think that bitcoin can reach below 10,000$. These are cheap prices for bitcoin.

[Ferris419]

You got a good analysis of information. A few months ago, I stopped caring about prediction because all of were garbage and shit. But now some technical predictions brought my interest. I heard a prediction that the Bitcoin price would go to 9100-9200 USD when the price was 8100 USD! So, finally, that predictions were great! So, Bitcoin at 11K USD is very much possible in this year but I will not fix a month or time frame for it!

[Noilee]

Bitcoins price is unpredictable,yes we all know that one day bitcoin will surge up again and pump up in price maybe double from now but to be real your prediction on June 2019 is just few days away and we cant see bitcoin crossover $9k mark tho its close as of this moment we cant make sure that this price will be stable or if there will be any huge support to help bitcoin remain at $9k and then jump to $10k to $11k.If this price will be stable and strong at $9k then we can see it maybe at $11k maybe on July not so early this month.If bitcoin would remain strong at $9k the whole month duration of June then surely we can hit $10k but not $11k or $12k

We cannot predict if what may the result this coming month now we have see that the price is already too near to the price of $11k, but based on our observation, that will happen hit $11k, because btc is already stronger.

[ajqjjj]

You got a good analysis of information. A few months ago, I stopped caring about prediction because all of were garbage and shit. But now some technical predictions brought my interest. I heard a prediction that the Bitcoin price would go to 9100-9200 USD when the price was 8100 USD! So, finally, that predictions were great! So, Bitcoin at 11K USD is very much possible in this year but I will not fix a month or time frame for it!

It was your own prediction so anything will happen at anytime is the reality of Bitcoin. The current market growing well so it will reach 11.5k USD also possible in this month. At the same time It will reach 7k USD also possible in this month so we can accept the future market, because prediction will never possible in this year.

[CryptoBry]

You got a good analysis of information. A few months ago, I stopped caring about prediction because all of were garbage and shit. But now some technical predictions brought my interest. I heard a prediction that the Bitcoin price would go to 9100-9200 USD when the price was 8100 USD! So, finally, that predictions were great! So, Bitcoin at 11K USD is very much possible in this year but I will not fix a month or time frame for it!

Bitcoin is now having a pullback and is standing around $7,700+ as I am writing this response. There are some people who are thinking that this correction may not last for days and soon bitcoin can be accelerating back to the $9,000 level although another correction might occur again...before maybe finally going beyond the $9,000 zone. Hopefully, it is still possible for bitcoin to go higher than $10,000 this month though as what you are implying predictions are jut predictions they are not guarantee of what will be and anybody even experts can easily be wrong.

[omonuyak]

Bitcoins price is unpredictable,yes we all know that one day bitcoin will surge up again and pump up in price maybe double from now but to be real your prediction on June 2019 is just few days away and we cant see bitcoin crossover $9k mark tho its close as of this moment we cant make sure that this price will be stable or if there will be any huge support to help bitcoin remain at $9k and then jump to $10k to $11k.If this price will be stable and strong at $9k then we can see it maybe at $11k maybe on July not so early this month.If bitcoin would remain strong at $9k the whole month duration of June then surely we can hit $10k but not $11k or $12k

We cannot predict if what may the result this coming month now we have see that the price is already too near to the price of $11k, but based on our observation, that will happen hit $11k, because btc is already stronger.

Bitcoin is still very far away from $11,000 at the current price of $7812 and it has another strong resistance around $8800 now. It is still possible for us to see that type of high price before end of June but the probability of that to happen is still look impossible.

[anggi]

You got a good analysis of information. A few months ago, I stopped caring about prediction because all of were garbage and shit. But now some technical predictions brought my interest. I heard a prediction that the Bitcoin price would go to 9100-9200 USD when the price was 8100 USD! So, finally, that predictions were great! So, Bitcoin at 11K USD is very much possible in this year but I will not fix a month or time frame for it!

the current price is quite close to the price of $ 11k, but I think we need to wait until the price of bitcoin can break the price of $ 9k this month. at present, the price of bitcoin begins with a considerable decline in June. but I think at the end of the month, prices will return to goodness. the potential of having a high price is certainly so great.

[bitcoin31]

You got a good analysis of information. A few months ago, I stopped caring about prediction because all of were garbage and shit. But now some technical predictions brought my interest. I heard a prediction that the Bitcoin price would go to 9100-9200 USD when the price was 8100 USD! So, finally, that predictions were great! So, Bitcoin at 11K USD is very much possible in this year but I will not fix a month or time frame for it!

the current price is quite close to the price of $ 11k, but I think we need to wait until the price of bitcoin can break the price of $ 9k this month. at present, the price of bitcoin begins with a considerable decline in June. but I think at the end of the month, prices will return to goodness. the potential of having a high price is certainly so great.

It is the problem last week bitcoin was going to near to $9000 but it will down and now value is $7,700 plus. I hope $9k will hitted so we can have assurance bitcoin will continue to increasing.  But maybe we still need to give bitcoin more time and this month still not done yet so bitcoin have 3 weeks more to prove that can see the $11,5000 this June.

[Ayiranorea]

Bitcoins price is unpredictable,yes we all know that one day bitcoin will surge up again and pump up in price maybe double from now but to be real your prediction on June 2019 is just few days away and we cant see bitcoin crossover $9k mark tho its close as of this moment we cant make sure that this price will be stable or if there will be any huge support to help bitcoin remain at $9k and then jump to $10k to $11k.If this price will be stable and strong at $9k then we can see it maybe at $11k maybe on July not so early this month.If bitcoin would remain strong at $9k the whole month duration of June then surely we can hit $10k but not $11k or $12k

We cannot predict if what may the result this coming month now we have see that the price is already too near to the price of $11k, but based on our observation, that will happen hit $11k, because btc is already stronger.

Bitcoin is still very far away from $11,000 at the current price of $7812 and it has another strong resistance around $8800 now. It is still possible for us to see that type of high price before end of June but the probability of that to happen is still look impossible.

Though the price is far from the price of around $7800 we've got more possibilities to reach at least $10000 by the end of the June month. There is good support being gained around $8800, but the transition to be a resistance point hasn't took place. Hope the resistance will be gained over the price between $7500-$8000 taking the price reach $10000 soon.

[Altero]

We are dump again and currently trading in Binance at $7,656, it is quite low last week. I don't know what it makes such dumps but still, we are at a good price. Yet, we might think that it will make a huge pump after this drop in preparation for another ATH this year.

Though it is something annoying how it happen like this to know that fact that we have already a huge support for the community. But somehow, I realize that this is what volatility means.

[Reid]

And we also sought a large price drop just days ago.
This just proves something.
We really dont have the power to predict it accurately. Something could happen anytime.
A group of people could sell anytime and we wont be noticing it before the market fluctuates down.

We can just ride the wave and let it happen. Stay with the present and somehow be lucky to guess what the future could be.
11, 500 is a small number compare to what happened last year.

[Gaff]

You got a good analysis of information. A few months ago, I stopped caring about prediction because all of were garbage and shit. But now some technical predictions brought my interest. I heard a prediction that the Bitcoin price would go to 9100-9200 USD when the price was 8100 USD! So, finally, that predictions were great! So, Bitcoin at 11K USD is very much possible in this year but I will not fix a month or time frame for it!

the current price is quite close to the price of $ 11k, but I think we need to wait until the price of bitcoin can break the price of $ 9k this month. at present, the price of bitcoin begins with a considerable decline in June. but I think at the end of the month, prices will return to goodness. the potential of having a high price is certainly so great.

It is the problem last week bitcoin was going to near to $9000 but it will down and now value is $7,700 plus. I hope $9k will hitted so we can have assurance bitcoin will continue to increasing.  But maybe we still need to give bitcoin more time and this month still not done yet so bitcoin have 3 weeks more to prove that can see the $11,5000 this June.

I think there's a huge number of dumpers from last week's price rally, which normally occurs when price had trending increase. We can't stop that scenario and it usually tend to have an bigger factor to pull price down. Many expected $11.5k or much higher this June, and maybe to hope for reality is my stand for now. I will just go for the outcome and not by predictions, and no matter the price will be it doesn't stop me for holding my asset in order to gain the maximum profit in the future.

[BitHodler]

We are dump again and currently trading in Binance at $7,656, it is quite low last week.

I wouldn't say that's a low price, especially after how hard we have pumped in such a short period of time. It's well above the major averages and trend lines so there is much more room to the downside.

Today's "low" price might turn out to be a price you wish you sold at tomorrow. Crypto in general is always either just overvalued, or massively overvalued, and short term speaking I think the latter applies to the market today.

Yet, we might think that it will make a huge pump after this drop in preparation for another ATH this year.

It all depends on what the market will be doing in the coming days or weeks. People consider $6000-$6400 to be a massive support range, but I have my doubts with how the price shot through that range a bit too easy in my opinion.

[Boh manok]

It feels very difficult to break the price but I am also very valuable so that bitcoin and altcoin always go up but I really appreciate the opinion you say so that with your opinion and predictions you can boost to continue to be in bitcoin and always do activities in bitcoin and altcoin

[Carreuh]

All possibilities can occur in the world of bitcoin and with the price of bitcoin, but this prediction can please many people because with rising prices of bitcoin will make many people happy and make some rich people, and in June 2019 it can be said that bitcoin will rise to price  that is

[candra raditya]

I think that June has not been able for Bitcoin to reach $ 11,500, it takes more time and may occur in August.

[ukloon]

Another false prediction, change it to July and it might be possible. The dip is on the verge of recovering and usually during a recovery the bounce back is higher than it was previously. The break past $10k has to be coming soon

[leonair]

Another false prediction, change it to July and it might be possible. The dip is on the verge of recovering and usually during a recovery the bounce back is higher than it was previously. The break past $10k has to be coming soon

Told ya! I already post here on May 27, and I said that there is no reason for Bitcoin to grow up in price to $11K by June and I'm quite right though 

Bitcoin's price in the past 6 days are playing around $7,500 - $8,000 and I see it as a healthy trend for an another bullrun but it would not reach 11k this month maybe around $9,300.

[Viscore]

Another false prediction, change it to July and it might be possible. The dip is on the verge of recovering and usually during a recovery the bounce back is higher than it was previously. The break past $10k has to be coming soon

Told ya! I already post here on May 27, and I said that there is no reason for Bitcoin to grow up in price to $11K by June and I'm quite right though 

Bitcoin's price in the past 6 days are playing around $7,500 - $8,000 and I see it as a healthy trend for an another bullrun but it would not reach 11k this month maybe around $9,300.

Unfortunately, the market never has that strong resistance pushing it to move fast as OP thinks(or some of us). We are actually below $8k now and too far to reach back even $10k this month. I know $11,500 is achievable but not at this time, possible to have it this year and it could be more than that. We are so optimistic to think, we know the market volatility and it was different from its previous trend.

[sandra_x]

Unless there is a turnaround soon (bullish news),we may see bitcoin taking a plunge (hopefully not),we already see a drop in the trading volume and we have been trading sideways in last 72hrs.11500 still possible with some bullish news

[exstasie]

Unless there is a turnaround soon (bullish news),we may see bitcoin taking a plunge (hopefully not),we already see a drop in the trading volume and we have been trading sideways in last 72hrs.

Decision time coming soon. Time to pay attention.

If bulls can hold above $7,800 then we've probably just trapped some bears. On the other hand, losing the $7,400 level will definitely cause a long squeeze, probably back to the $6,000s. This is a crucial area.

[Shinpako09]

Unless there is a turnaround soon (bullish news),we may see bitcoin taking a plunge (hopefully not),we already see a drop in the trading volume and we have been trading sideways in last 72hrs.

Decision time coming soon. Time to pay attention.

If bulls can hold above $7,800 then we've probably just trapped some bears. On the other hand, losing the $7,400 level will definitely cause a long squeeze, probably back to the $6,000s. This is a crucial area.

I thought this is just a simple correction but it's slowly turning into a thing we aren't expecting. I guess others starting to think negative because of this decline. Whenever we thought price is going to do well, this will happen. I'm waiting for the price to go back at $8.5k when the price touched $8k again yesterday, so that I could sell but then it turns to the other side.

[buwaytress]

Tsk, tsk, a few percentage points losses in a few days consecutive and the bulls are turning tail so quickly?

7700 right now. Let's say the majority sentiment is right and we see another plunge of 10% that puts us at 7k with 50% needed to take the original 11.5k by June target.

See how pointless it all seems only a week later? Let's get 1 5 digit target at a time...

[klaaas]

7700 right now. Let's say the majority sentiment is right and we see another plunge of 10% that puts us at 7k with 50% needed to take the original 11.5k by June target.
See how pointless it all seems only a week later? Let's get 1 5 digit target at a time...

Even that cant be pick pointed exactly. The unknown factor is still the gross of humans taking decisions since the market traders mostly/only anticipate on data.

[OrangeII]

Tsk, tsk, a few percentage points losses in a few days consecutive and the bulls are turning tail so quickly?

7700 right now. Let's say the majority sentiment is right and we see another plunge of 10% that puts us at 7k with 50% needed to take the original 11.5k by June target.

See how pointless it all seems only a week later? Let's get 1 5 digit target at a time...

the current conditions are very difficult to see the price of bitcoin reaches prices above $ 10k. however, since the price has risen to the price of $ 8000, there has been no significant development. In fact, I see prices trying to be stable. for now, I estimate that this month, the price of bitcoin will not be so far from the price of $ 8500.

[beerlover]

Well, the June is almost at half way but we are nowhere near 11.5k even though we believed we would be. That is the power of whales in this market and its a bit scary, if you are a rich person and see that bitcoin has moved from 3.2k to 9k and want to sell you can sell bunch of coins and drop the price changing the way bitcoin is going all by yourself.

The price was believed to be going to 9k (it did) and then higher and higher which we all believed and invested accordingly and then just one guy came up and sold bunch of coins and now we are not so sure it will go to 11.5k even though it was something quite possible couple weeks ago. I still think we will reach those prices but I think it may take a bit longer, probably around july or even early august if it happens.

[Barbut]

Well, the June is almost at half way but we are nowhere near 11.5k even though we believed we would be. That is the power of whales in this market and its a bit scary, if you are a rich person and see that bitcoin has moved from 3.2k to 9k and want to sell you can sell bunch of coins and drop the price changing the way bitcoin is going all by yourself.

The price was believed to be going to 9k (it did) and then higher and higher which we all believed and invested accordingly and then just one guy came up and sold bunch of coins and now we are not so sure it will go to 11.5k even though it was something quite possible couple weeks ago. I still think we will reach those prices but I think it may take a bit longer, probably around july or even early august if it happens.

Dont you think that that rise would be a bit too much? After x2, people start to wishing x3, people are truly crazy, when price was $3500 people was waiting price to drop more to buy. Now when price reached $8k people are buying and saying that it will go to $11,5k, ridiculous if you ask me. Some people should just hold bitcoins, trading and speculating is not for everyone.

[Questat]

7700 right now. Let's say the majority sentiment is right and we see another plunge of 10% that puts us at 7k with 50% needed to take the original 11.5k by June target.
See how pointless it all seems only a week later? Let's get 1 5 digit target at a time...

Even that cant be pick pointed exactly. The unknown factor is still the gross of humans taking decisions since the market traders mostly/only anticipate on data.

As they trade, that would affect the movement of bitcoin especially if some are bearish and they are betting huge money on it.
These are just short term price scenarios, even if we reach at $11500 by Junes this year, that does not guarantee that we will stay that price for long.

[romero121]

7700 right now. Let's say the majority sentiment is right and we see another plunge of 10% that puts us at 7k with 50% needed to take the original 11.5k by June target.
See how pointless it all seems only a week later? Let's get 1 5 digit target at a time...

Even that cant be pick pointed exactly. The unknown factor is still the gross of humans taking decisions since the market traders mostly/only anticipate on data.

As they trade, that would affect the movement of bitcoin especially if some are bearish and they are betting huge money on it.
These are just short term price scenarios, even if we reach at $11500 by Junes this year, that does not guarantee that we will stay that price for long.

Almost we're on the middle of the month, in a short the price will grow high reaching $11500 or higher which is achievable. On looking the present market I believe the end of June will get us with a price around $9000-$9500 if there is gradual growth and $10000 is a big barrier which won't gets broken that easy. Crossing it will be the beginning for the golden days of growth in my view.

[yohananaomi]

Maybe all of them clearly hope that bitcoin will go to the best, it is all the desire. but is it realistic that bitcoin could break through $ 11.5K in June, it could be realized but we see that at the beginning of June the bitcoin movement always goes down and rises rapidly, but the news does not go down to the lowest and can rise to $ 8K.
maybe if bitcoin can penetrate $ 9K, there will be changes that lead to upward improvements can very quickly occur.

[LimLims]

The price of Bitcoin to be honest can never be predicted.
Oh i forget to mention how the price affects.
So when the trading volume of the coin increases, the price increases along with that.
As the OP is from May,  he was expecting more.
But to see the reality it is hard to reach 11.5k usd this month.
Wish that Bitcoin will rise and get at least 9k usd this month.

[TopT3ns]

The price of Bitcoin to be honest can never be predicted.
Oh i forget to mention how the price affects.
So when the trading volume of the coin increases, the price increases along with that.
As the OP is from May,  he was expecting more.
But to see the reality it is hard to reach 11.5k usd this month.
Wish that Bitcoin will rise and get at least 9k usd this month.

Right, June is already in half and $11500 if can't reached is something that still ok maybe. Instead of reach $10k or maybe more than it, stable in this current price actually good too to build trust with investors.

[Indamuck]

Its still possible, only a 2k jump from the 0k high we already hit.  With the halvening approaching whales are looking to accumulate more before the prices get out of hand.  Lots of people are really wishing they bought back at 3k

[Slow death]

Unless there is a turnaround soon (bullish news),we may see bitcoin taking a plunge (hopefully not),we already see a drop in the trading volume and we have been trading sideways in last 72hrs.11500 still possible with some bullish news

maybe this:

Bakkt Names Launch Date for Bitcoin Futures Testing

be what we need to see a good price increase this year is maybe we end the year with the price of $ 12000

I think that June has not been able for Bitcoin to reach $ 11,500, it takes more time and may occur in August.

I agree that for June it is already impossible mission