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