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Author Topic: Bitcoin dashing towards $10k or more  (Read 699 times)
BTCgrinders.com (OP)
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June 16, 2019, 06:29:19 AM
 #1

https://btcgrinders.com/blog/Bitcoin-Trading-Analysis

Our experts currently suggest going long on Bitcoin which currently sits at approximately $9200. A good price point to exit would be $10,000. If you want to get a bit adventurous, you may even set your exit point at $10,500 or $11,000......

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June 16, 2019, 07:16:13 AM
 #2

https://btcgrinders.com/blog/Bitcoin-Trading-Analysis

Our experts currently suggest going long on Bitcoin which currently sits at approximately $9200. A good price point to exit would be $10,000. If you want to get a bit adventurous, you may even set your exit point at $10,500 or $11,000......

I find that if you think $10,000 is a good exit then your sells should be at $9800 or $9900.

This is what I did back in 2017, even entered a short at that area, and basically it cut $10000 like butter and went straight $20K. However a year ago last May 2018, the complete opposite happened. It never reached $10K, I think the high was like $9960 on most exchanges and went straight down.

So this time around it should be interesting what might happen. If $10K breaks then we should see $12-13K easily.
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June 16, 2019, 07:30:09 AM
 #3

If we hit the milestone of 10k it would be a great sign for further improvement.
However, there are a lot of sellers on the way and I think that the price is going to drop immediately.
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June 16, 2019, 07:41:19 AM
 #4

https://btcgrinders.com/blog/Bitcoin-Trading-Analysis

Our experts currently suggest going long on Bitcoin which currently sits at approximately $9200. A good price point to exit would be $10,000. If you want to get a bit adventurous, you may even set your exit point at $10,500 or $11,000......
Yes, most likely, Bitcoin will continue to grow with a periodic departure for the correction of its course. Therefore, it makes sense to fix your profit at a level slightly below $ 10,000, partially selling it at this price. It seems that the price of $ 10,000 will be another price barrier for Bitcoin and it will be many times again to storm it. It is unlikely that he will be able to come quickly this price to move on.
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June 16, 2019, 08:42:32 AM
 #5

https://btcgrinders.com/blog/Bitcoin-Trading-Analysis

Our experts currently suggest going long on Bitcoin which currently sits at approximately $9200. A good price point to exit would be $10,000. If you want to get a bit adventurous, you may even set your exit point at $10,500 or $11,000......

I find that if you think $10,000 is a good exit then your sells should be at $9800 or $9900.

Yep, I'm planning to take some profit off the table before hitting $10K. But to be honest, I don't expect a reversal there. Too many people are expecting it.....too easy. Plus, shorts are mooning right now, up 42% since the low ~1.5 weeks ago. We're building up a lot of FOMO/short squeeze pressure right now. My eyes are on the next monthly pivots, closer to $11.5K-$12K.

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June 16, 2019, 09:42:23 AM
 #6

Personally thought we'd see profit takers at 9k actually, especially with such low volumes climbing back up from the 8k levels. I knew the weekend would show really strong growth, but I was caught out by how nothing happened at 9k, which suggests profit takers ARE waiting for a few percentage points above a new 2019 high.

10k seems the psychological and natural profit taking level, but I actually agree that once we break that, the fomo going to be hard to resist. 11k is the adventurous profit take if you buy now at 9200 (that's 20% profit for you scalpers).

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June 16, 2019, 10:07:11 AM
 #7

Nice promotion for site OP. The whole analysis is reduced to 2 sentences, and there is no need to be an expert to sell for $10k or any other price above that. How about to wait for $15k or maybe $20k, what the experts say about that?



Although there is a possibility that we can reach $10k in a matter of a few days, I have the feeling that we will stay for a while under that level. There will be a lot of sales, and we can bet that many set their sell orders to $10k or just slightly below that level. But in general the situation looks pretty promising right now, first half of the year was extremely successful, and second half could show even better results.

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June 16, 2019, 11:04:47 AM
 #8

We' ve been in similar situations already. Price seems going up very fast and heading towards 10000$ or more but then pulls back again. It's nice to be optimist and to prepare for profit but don't forget that corrections are always possible. Although price looks promising now I'll wait a moment before start to celebrate.

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June 16, 2019, 12:13:12 PM
 #9

https://btcgrinders.com/blog/Bitcoin-Trading-Analysis

Our experts currently suggest going long on Bitcoin which currently sits at approximately $9200. A good price point to exit would be $10,000. If you want to get a bit adventurous, you may even set your exit point at $10,500 or $11,000......

Everyone knows that bitcoin will take a correction once it reach the 10,000$. This is best point where we can do short on bitcoin in case we are trading at bitmex. People will sell at/around 10K because they will take profit.

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June 16, 2019, 12:25:31 PM
 #10

It's hard to predict, but I expect to have a correction when hits 9.8 or 10k
The market is growing slowly and this is the regular course, but I always remember we can be in a bull at any moment

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June 16, 2019, 01:14:14 PM
 #11

Bitcoin will surely hit 10,000$ again within this month cause this year is a bulls year.  If bitcoin wont drop below 7500$ ,  it continue to rise up going 15,000$ by the end of the year.
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June 16, 2019, 02:27:54 PM
 #12

It is really dashing towards the $10,000 USD mark And a lot of people in the community are expecting this to happen, but apparently, I guess it will sure make it to the $10,000 USD but in my opinion, it may still go down to the price of $7000 or $8000 without further notice, Well maybe it is right to sell if the price really make it to the $10,000 mark then you may then buy a lot when the price turns back again in a dip, But for now it is really unpredictable and this conclusion of mine might turn out hasty to just sell in that amount because it can still pump further ahead.
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June 16, 2019, 03:01:45 PM
 #13

Our experts currently suggest going long on Bitcoin which currently sits at approximately $9200. A good price point to exit would be $10,000. If you want to get a bit adventurous, you may even set your exit point at $10,500 or $11,000......

Where were your 'experts' when we were heading towards the $3000 level? Bitcoin was ripe for a short was the general consensus amongst fly-by experts, while it was an excellent buy above the $10,000 level. It's once again an indication of how people referring to themselves as expert surf the sentiment and hope to be right and rub it in your face.

Aside from some profit taking left and right if you're up a good 100% I would just recommend people to hodl and ride the bull run out, especially because we're not even remotely close to the block halving day. The true halving fomo might start to take off when there are just a couple of months left.
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June 16, 2019, 05:01:49 PM
 #14

I guess it's heading toward at $10,000 in such a short amount of time than i expected but the price seems to be staying a bit at $9,000 this time. Maybe more weeks or this coming July we will be seeing the real $10,000 level. This price may rally for a week or more before we could actually see the $10,000 level.

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June 16, 2019, 06:00:19 PM
 #15

Bitcoin will surely hit 10,000$ again within this month cause this year is a bulls year.  If bitcoin wont drop below 7500$ ,  it continue to rise up going 15,000$ by the end of the year.

Not just bullish there is also development on its way.  This July, Bakkt will be testing its operation and somehow this will bring more awareness and hype to the market once commentce.  Then next would be the scheduled ETF which was delayed due to some reason only SEC knows.  

This looks a perfect setup for the block reward halving, building awareness and hype then when time comes for block reward halving FOMO might trigger making Bitcoin price to surge.   The Litecoin price increase due to blockhalving also plays a huge help in mind setting people that Bitcoin price will increase just like Litecoin on its Block reward halving event. I guess setting exit point at 10k or 11k is not a good idea, many analyst think that long is a better option than shorting your trade.

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June 16, 2019, 10:28:55 PM
 #16

A good price point to exit would be $10,000. If you want to get a bit adventurous, you may even set your exit point at $10,500 or $11,000......
What? you are already suggesting people to exit? I don't think that idea is good for people who are reading this. This isn't about being greedy but the market is just getting started to show another high that we haven't reached for about a year already.

There's more and higher price to go and we are now standing at $9000 which is just $1k-$2k around for your suggestion. If someone wants to exit, why not aim more? but if you are a short term trader then those prices are good to sell and wait again for a turning point for an entry.

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June 17, 2019, 04:25:29 AM
 #17

i don't think bitcoin is "dashing" towards anything. ever since we entered $7.5k+ and $8k the rise slowed down and we are not "creeping" towards higher levels even though some people get excited for no reason whenever they see a 2% rise!
my theory is still the same as months ago when i called $3k to be a reverse bubble. what we see in this rapid rise to that price i mentioned was the reverse bubble burst and now it is becoming more reasonable rise as we enter more reasonable price ranges in $8k to $10k.
then above $10k i expect "dashing" and big spikes.

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June 17, 2019, 05:30:50 AM
 #18

https://btcgrinders.com/blog/Bitcoin-Trading-Analysis

Our experts currently suggest going long on Bitcoin which currently sits at approximately $9200. A good price point to exit would be $10,000. If you want to get a bit adventurous, you may even set your exit point at $10,500 or $11,000......

I believe the market is so bullish now, so that $10,000 is possible to be hit soon.
I also believe that the market sentiment has already change, people are not shorting bitcoin now as it's been consistently thus far, but I'm afraid some manipulation might happen again. Anyway, I'm with you in short term.

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June 17, 2019, 02:56:20 PM
 #19

https://btcgrinders.com/blog/Bitcoin-Trading-Analysis

Our experts currently suggest going long on Bitcoin which currently sits at approximately $9200. A good price point to exit would be $10,000. If you want to get a bit adventurous, you may even set your exit point at $10,500 or $11,000......

Indeed it does but this doesn't show me a healthy market.
The increase in bitcoin price in not depicted in the price of altcoins which makes me wonder if it is just a meaningless pump or it goes for the next bull market.
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June 17, 2019, 03:21:30 PM
 #20

https://btcgrinders.com/blog/Bitcoin-Trading-Analysis

Our experts currently suggest going long on Bitcoin which currently sits at approximately $9200. A good price point to exit would be $10,000. If you want to get a bit adventurous, you may even set your exit point at $10,500 or $11,000......

   Will 10,5 - 11 thousands be your exit point or you predict a new deep drop after that?
   Bitcoin definitely shows good temps of growth this year and I plan to wait for another 20 as minimum.



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