Bitcoin price update reach 10,000$

[ethereumhunter]

Yes, we are happy to see bitcoin price can already increase more than $10k although now the price is down and back to $10k again. We will see it will break $11k again soon and at that time, our profit will bigger than before. But unfortunately, the altcoin price has down too, and many of them have back to the deeper price. But I am sure that the cryptocurrency market will rise again and we can make a bigger profit this year and in the next year.

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[boyptc]

It really reached $11k and I'm asleep during that time, well it's still good at $10,875 now.

Do you think guys 15,000$ will reach by next month?

Possible but I'll give not just a month but two.

i think revisiting $6600 or $7500 is possible from here.

way to kill the mood, bro :/ Everyone's bullish and stuff but you're here talking about a 30% crash  

It's unpredictable and it's truly possible. He's just tellin' the truth though yeah, the ambiance here has been bullish but don't worry about it.  

[BrewMaster]

i think revisiting $6600 or $7500 is possible from here.

way to kill the mood, bro :/ Everyone's bullish and stuff but you're here talking about a 30% crash 

actually a 30% drop has been a common thing during each bull run. you can check out 2017 to see many of them take place. but they always take place after a much bigger rise and after the market entered the bull mode properly.
by the way dropping to $6600 is no longer 30% drop it is going to be a 41% crash which is highly unlikely right now but it can happen after a little more rise which means the bottom won't be there anymore.

[Naida_BR]

At this moment happy to seen at coin market cap bitcoin price $10092.99 USD (5.67%)
1.00000000 BTC (0.00%) are reach the level market value while I am writing this update hope this is the moment of bitcoin goes into bull run.

Do you think guys 15,000$ will reach by next month?

I don't think that it is possible to see such an increase in the next month.
Although the bitcoin price is following an uptrend, altcoins are still a lot back in the market and they struggle to follow this increase. If bitcoin increase isn't depicted in altcoins it would be hard to continue moving upwards.

[1Referee]

i think revisiting $6600 or $7500 is possible from here.

way to kill the mood, bro :/ Everyone's bullish and stuff but you're here talking about a 30% crash 

How so? If you're a Bitcoin bull, you would love another opportunity to buy at such levels and ride the bounce up with even more coins in your pocket.

It's definitely not out of the ordinary to see the price retest levels between $7000-$7500 or even the 2018 support range of $6000-$6400. I am ready for either direction, but I wouldn't mind being granted a pre-blockhalving gift in form of a firm correction.

At the end of the day, we'll correct anyway, whether it's from current levels to potentially $6000 or from $15,000 to $10,000, it doesn't make it less painful for moonboys.

[figmentofmyass]

the euphoria is in the air. people are starting to expect $15k, a new ATH, six figure BTC......with sentiment getting so frothy, it's probably more likely we're in the late phases of this rally. once everyone has bought and set their sights on the moon, the crash comes!

I've been hearing this for the past couple of months that I'm starting to believe that no such crash will come at least until we're closer to the 20k's. Seriously though, when we touched 7k, some people thought we were going to test the 5k's again, didn't happen, then when we touched the high 8k's, some others thought we we we going to the 6k's or lower levels, didn't happen.

that's the point. as long as so many people keep expecting a correction and shorting the bull, it won't happen. it will happen eventually though.

look back at the 2015-17 bull market. we went from $500 to $293, then $785 to $480, then $1175 to $730, then $1360 to $890, then $3000 to $1750, and so on. if you expect to go vertical straight to ATHs without a significant correction, you're gonna be disappointed.

[maydna]

We are almost hit $11k again although we already reach that before. The trend was good enough to push the price to increase to the higher price, and it seems, it will continue for this day. I guess if there is nothing bad happening, the price can slightly go to the higher price and at that time, I am sure that many people are waiting for that moment.

Many of us have been buying bitcoin at the high price, and now, it is their chance to wait for a while or sell their bitcoin at the high price, but I am sure that many people are waiting for the next highest price that will happen soon. We will see a surprise from bitcoin after we waited for a long time and we will make a big profit again.

[STT]

I dont expect a correction but I think its sensible to keep looking for one after such a rise.    Not that it has to correct and stay down but a normal market does pull back and its part of what compacts previous gains and allows more after the pullback




So the price is moving across the upward band of the last few months channel.   Its a positive incline but nearly as positive as price has been in the last week.   The blue line is a 2 day average, when it nears price we may see more action so next week

[figmentofmyass]

I dont expect a correction but I think its sensible to keep looking for one after such a rise.    Not that it has to correct and stay down but a normal market does pull back and its part of what compacts previous gains and allows more after the pullback

So the price is moving across the upward band of the last few months channel.   Its a positive incline but nearly as positive as price has been in the last week.   The blue line is a 2 day average, when it nears price we may see more action so next week

looks to me like we're consolidating at the top, a usual sign that continuation is coming. shorts are still stacked sky high on bitfinex, ripe for the squeezing.

bitmex funding rate is also sky high at 0.2832% however, which lends credence to the idea of more choppy action to wash out weak longs through the weekend. next week should be interesting.

i'm firmly holding my spot coins but waiting for a safer setup before going long again.

[Reid]

Maybe it is a happy moment. But there is this scary thing as always of "what ifs".

If this goes to another bear run they will say it is just a correction and then another bear run they will say the first dump.
There will always be a reason for anything when it is in a bad swing. But the truth is chances of us being played is there. Manipulating the market just so to make an easy profit.
But I bet those are rich people if they could somehow make this happen.

I dont really know what is the reason behind all this bullish run. Is it really this time of the year where people are getting optimistic about cryptocurrencies?

[Cherylstar86]

the current price is good news for all cryptocurrency users. this will make the popularity of bitcoin back again. this will definitely be followed by developments in the prices of other coins. it seems, people will again look at bitcoin, or other cryptocurrency as a place to do business.

  The current scenario is appreciably good to claim the bountiful growth of bitcoin. We already touch $10k now and hopefully it will continue to pump massively in a persistent way. But have to be aware by its high volatilization for what may the possible conclusion.

[rodel caling]

Yes, we are happy to see bitcoin price can already increase more than $10k although now the price is down and back to $10k again. We will see it will break $11k again soon and at that time, our profit will bigger than before. But unfortunately, the altcoin price has down too, and many of them have back to the deeper price. But I am sure that the cryptocurrency market will rise again and we can make a bigger profit this year and in the next year.

Yes $11k will go back again And I agree it sad to see some altcoins is in the deeper but the happy news is ethereum is goes up their price and hoping ethereum follow to bitcoin uprising and positively if both continue to increase their price possible it can bring for the altcoins into good sign.

[STT]

looks to me like we're consolidating at the top, a usual sign that continuation is coming. shorts are still stacked sky high on bitfinex, ripe for the squeezing.

Sure but if we are compacting the price action, taking out the air then we should be falling back a bit as part of that process normally.   Unless volume was rising along with price then its fairly confirmed.
   If I squash down a load of leaves I've collected, then its taking up less space and theres a gap available for us to fill.   Its more solid as a base but also that would mean price can move down.  I'm watching a trader tell me we are in part of a topping out process in main markets, I dont see Dollar as bullish but if sentiment moves away from risk that would correlate to BTC also

I cant deny BTC is very bullish, I'm only seriously thinking negative at the moment if we can at least be closing below 10,500 on 4hr bar

[marcbitcoins]

Some Crypto currency enthusiasts and experts says that this new Bitcoin market price impressive performance was due to the announcement of Facebook coin Libra. Well, if this is true then expect more fast moving performances of Bitcoin before this year will end as Libra coin will about to be launched in the market before this year will end too.

[D3m1r4wanti]

I was relieved after Bitcoin reached a price of 11k, even though it has now declined again, but I'm sure it won't fall too badly, the price will be safe to clear 10k.

[Sadlife]

This is what i am expecting to happen lately, and probably many traders are also expecting the same thing though there are some indecisions a few days after the start of june. This might be the confirmation for most traders that bull market is surely coming, and i am now expecting that alt season will also come sooner or later.

[FanEagle]

I still can't believe it took this quick to reach 10 thousand dollars. I was expecting it to be over 10k this summer but I wasn't expecting it to be this quickly into the summer, if we reached this quickly at this stage of the summer, do you think we can hit 20 thousand dollars before the summer ends?

I can't help but laugh at people who thought last December would be exactly like the previous december when bitcoin goes up but as we all know now the price was going down during last December whereas last summer the price went down yet its going up right now which shows you just because something happened once in bitcoin doesn't mean it will happen again neither. There is always a chance bitcoin do something when you least expect it to do and that is why I can't even think of what the potential of max this bull run will be like.

[STT]

Some Crypto currency enthusiasts and experts says that this new Bitcoin market price impressive performance was due to the announcement of Facebook coin Libra. Well, if this is true then expect more fast moving performances of Bitcoin before this year will end as Libra coin will about to be launched in the market before this year will end too.

I'm really not sure on this but I guess Libra cant be a negative ?   The main reason I'm interested now is I heard it is a basket of currencies not just dollar, which means it could alter matters if especially sucessful. 

However to then be bullish on BTC because of Libra is something different, they are not that close except for this idea of holding value online digitally in a kind of wallet.  I guess it might encourage more activity in BTC but are you sure that BTC and Libra will be tradable against each other.   
   Of course informally, BTC and Libra will have links from personal offers by people to trade or swap the two.    But I'm not sure actual exchanges will exist as the protocol for Libra is not open, I heard charges of 100k to operate as its network will be a thing.

The main reason for 10k is sentiment and people will take many stories as reasoning

[Red-Apple]

I still can't believe it took this quick to reach 10 thousand dollars. I was expecting it to be over 10k this summer but I wasn't expecting it to be this quickly into the summer, if we reached this quickly at this stage of the summer, do you think we can hit 20 thousand dollars before the summer ends?

it wasn't quit at all! in fact it was so slow that i am surprised that it took this long to get back to $10k again.
if you look at the charts you can see that the downtrend was over on September 8th of last year when price reached a stability in the $6k range that also lasted 4 whole months with a large volume indicating a strong ongoing accumulation. so basically the rise should have started on December 2018 tops but because of the incidents and attacks in January 2019 the rise was postponed for 6 months so we are behind the rise for that long.

[Wilhelm]

Some Crypto currency enthusiasts and experts says that this new Bitcoin market price impressive performance was due to the announcement of Facebook coin Libra. Well, if this is true then expect more fast moving performances of Bitcoin before this year will end as Libra coin will about to be launched in the market before this year will end too.

I'm really not sure on this but I guess Libra cant be a negative ?   The main reason I'm interested now is I heard it is a basket of currencies not just dollar, which means it could alter matters if especially sucessful. 

However to then be bullish on BTC because of Libra is something different, they are not that close except for this idea of holding value online digitally in a kind of wallet.  I guess it might encourage more activity in BTC but are you sure that BTC and Libra will be tradable against each other.   
   Of course informally, BTC and Libra will have links from personal offers by people to trade or swap the two.    But I'm not sure actual exchanges will exist as the protocol for Libra is not open, I heard charges of 100k to operate as its network will be a thing.

The main reason for 10k is sentiment and people will take many stories as reasoning

What is the difference between Libra and every other shitcoin?

If you can't trust Facebook with your personal data, why should you trust them with your money? Are people really that blind and stupid?