Stage3 (OP)
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June 23, 2019, 08:12:17 PM |
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we managed to hit the 11k again. 24 after surpassing it already once.
What is your take on it ?
Let me know!
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peter0425
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June 23, 2019, 08:43:14 PM |
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Obviously, the next mental barrier is $12k. But it seems that $11k is not yet that sustainable though, so we will see. However, it seems that FOMO has set in when we hit the $10k barrier. So short term the price could go in the $12k-$13500K range, just my speculation.
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dothebeats
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June 23, 2019, 09:06:06 PM |
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We are still trying hard to get a stable footing @ $11k, though once we have passed $11300 which is one of the resistance that we have along the way, we could easily climb up to $12k - $13k without a hitch. I see a lot of huge buy orders @ $10k ranges and it's still possible for us to retrace to those levels once we exceeded $12k, although at the current pace of the market, it will take a while before we see any correction. For the mean time, reap the rewards and enjoy the blast while it lasts. You'll never know when will an asshole of a whale would disrupt the market tempo.
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kryptqnick
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June 23, 2019, 09:08:53 PM |
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I am surprised to see that the price is still holding above $11k. I don't know, I still think we should expect at least a small correction. I also really don't enjoy that the transaction fees exploded along with this spike. I paid almost 6 dollars for a transaction worth $215. And the exchanges to fiat are not welcoming the new price, and are buying Bitcoin for about 3% lower price than on preev.com. People have to calm down a bit, there's too much action going on. And it's better to have small price corrections along the way instead of a huge price drop awaiting us somewhere in the future.
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rodel caling
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June 23, 2019, 09:19:16 PM |
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Hitting again 11,000$ above mark level, the signal for another all time high, of course it's obvious we wait the next price increase if the proce hit the 15,000$ possible to reach 20,000$ Or more than, before end of this year to break the history of all time high last 2017. 🙂🙂🙂
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TimeTeller
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June 23, 2019, 09:25:42 PM |
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I am surprised to see that the price is still holding above $11k. I don't know, I still think we should expect at least a small correction. I also really don't enjoy that the transaction fees exploded along with this spike. I paid almost 6 dollars for a transaction worth $215. And the exchanges to fiat are not welcoming the new price, and are buying Bitcoin for about 3% lower price than on preev.com. People have to calm down a bit, there's too much action going on. And it's better to have small price corrections along the way instead of a huge price drop awaiting us somewhere in the future.
High transaction fee is one setback that we might be seeing in this increase of BTC price. But in general point of view, the continuous rise of BTC is really great to see for all of us. Obviously, exchanges will take advantage of the situation. Just look for exchanges that are not taking much profit. Hitting $15k this year is very possible, if this market performance continues.
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Stage3 (OP)
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June 23, 2019, 09:28:54 PM |
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We are still trying hard to get a stable footing @ $11k, though once we have passed $11300 which is one of the resistance that we have along the way, we could easily climb up to $12k - $13k without a hitch. I see a lot of huge buy orders @ $10k ranges and it's still possible for us to retrace to those levels once we exceeded $12k, although at the current pace of the market, it will take a while before we see any correction. For the mean time, reap the rewards and enjoy the blast while it lasts. You'll never know when will an asshole of a whale would disrupt the market tempo.
Well we almost reach 11.2k right now so we might get where you see the resitance Looking forward to break that one. Cheers
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partysaurus
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June 23, 2019, 09:33:34 PM |
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we managed to hit the 11k again. 24 after surpassing it already once.
What is your take on it ?
Let me know!
12k is the next big step if we break that i think it will go fast to the 15k area, but it has to be some correction soon, its long over due.
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Payme21
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June 23, 2019, 09:37:32 PM |
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What's next? A little rise and a little fall then a little rise and probably a little fall. That is the trend of crypto and it will always be like that
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Stage3 (OP)
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June 23, 2019, 09:40:17 PM |
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we managed to hit the 11k again. 24 after surpassing it already once.
What is your take on it ?
Let me know!
12k is the next big step if we break that i think it will go fast to the 15k area, but it has to be some correction soon, its long over due. I do agree with you that the current bull run might bring us to 15k pretty fast/ or at least this year. Do you think the ICO market will pick up with it as new consumers enter? Cheers
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rdluffy
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June 23, 2019, 09:43:49 PM |
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I have to admit I was expecting a correction after 10k, almost immediately, but I was wrong, even if you are here for a long time, the market is always hard to predict I'm happy I didn't sell any coin yet
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nemey
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Catena X
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June 23, 2019, 10:04:47 PM |
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Now, the price hits more than $11k again. But it doesn't close the condition when it may decrease again in some few moments later. And we must be aware of this volatile condition of Bitcoin price and market. So far, we only focus on the increase in the price, but we miss a certain important thing that BTC is still volatile and we may not be panic to face this situation. We may be able to predict that it can reach $12, but we must also be ready if the price will drop again to only $10k or below.
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seoincorporation
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June 23, 2019, 10:13:07 PM |
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Obviously, the next mental barrier is $12k. But it seems that $11k is not yet that sustainable though, so we will see. However, it seems that FOMO has set in when we hit the $10k barrier. So short term the price could go in the $12k-$13500K range, just my speculation.
Will be impossible to see bitcoin at $13500k, we are talking about 13.5M each BTC, so, is just impossible, there is not enough money and markets to bump it at any price, even if it hit $1M i think most of the users will be selling and this will dump hard the markets.
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serjent05
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June 23, 2019, 10:15:36 PM |
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It is tempting to say that correction is about to happen but July is coming and Bakkt will be testing its Bitcoin futures. On July 22, two days after Apollo 11’s 50th anniversary, Bakkt will initiate user acceptance testing for its bitcoin futures listed and traded at ICE Futures U.S. and cleared at ICE Clear US. Which means hype will grow stronger as this event come closer. There is a possibility that we will see $15k BTC this July. I have to admit I was expecting a correction after 10k, almost immediately, but I was wrong, even if you are here for a long time, the market is always hard to predict I'm happy I didn't sell any coin yet
I think it will take some time for the correction since Bitcoin just retraced in previous week, probably correction will happen after the event on July 22.
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rdluffy
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June 23, 2019, 10:23:55 PM |
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Obviously, the next mental barrier is $12k. But it seems that $11k is not yet that sustainable though, so we will see. However, it seems that FOMO has set in when we hit the $10k barrier. So short term the price could go in the $12k-$13500K range, just my speculation.
Will be impossible to see bitcoin at $13500k, we are talking about 13.5M each BTC, so, is just impossible, there is not enough money and markets to bump it at any price, even if it hit $1M i think most of the users will be selling and this will dump hard the markets. Man, I think the user just added a 0 by mistake, they said $12k-$13500K range, but probably is $12k-$13.5K range
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| | . .Duelbits│SPORTS. | | | ▄▄▄███████▄▄▄ ▄▄█████████████████▄▄ ▄███████████████████████▄ ███████████████████████████ █████████████████████████████ ███████████████████████████████ ███████████████████████████████ ███████████████████████████████ █████████████████████████████ ███████████████████████████ ▀████████████████████████ ▀▀███████████████████ ██████████████████████████████ | | | | ██ ██ ██ ██
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Dreamchaser21
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June 23, 2019, 10:34:26 PM |
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we managed to hit the 11k again. 24 after surpassing it already once.
What is your take on it ?
Let me know!
To stay above this level and to keep the intensity on until we make to the top prices. The price of bitcoin are pumping on the right time, and this last week of June we might see a more strong pump that can break all the walls along the road, I’m aiming for the price of $12k at the end of this week.
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jossiel
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June 23, 2019, 11:00:04 PM |
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It has pulled back to $10800 and that kind of move is very familiar. As we observe, every time bitcoin will break a barrier, there will be a small dip that would be cost around $200 or more. And after that pull back it will recover for awhile, this is the growth that we want. $15000 would be the next target and if that will be reached after few weeks/months, expect the same pattern, a minor pull back then a quick recovery. probably correction will happen after the event on July 22.
I'm expecting pump by that time.
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omonuyak
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June 24, 2019, 06:06:36 AM |
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The next thing that is going to happen is that: people will be taking profits from the recent gained especially the day traders. I believe that bitcoin after little correction which might have happened maybe heading towards $15,000 landmark and by then some investors will still take profit again before another explosion towards $ 25,000.
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Herbert2020
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June 24, 2019, 06:15:25 AM |
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this is just a trend that is going to be establishing $10k once again as the strongest buy support that we are going to see. if you remember 2018, $10k was one of the strongest buy supports that could not be broken without spending millions in dumping to break it by force. and now it is shaping up again. it is round, it is psychological and a lot of TA points to it being the strong support too. the more days we stay above it the stronger it gets too not to mention that the rise to $11k solidified that position even more.
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip. Whales are those who keep buying the dip.
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Distinctin
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June 24, 2019, 06:26:54 AM |
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Have a long term target this year, after $11,000, bitcoin is still expected to rise. Many experts are giving their bullish prediction now, it could be $20,000 or $30,000, or even more.
We should just stay relax while holding, we will see some roller coaster ride as it's not gonna be possible to see a parabolic move. In short term, we will get another $1,000 + increase and seems like not even a FUD can stop bitcoin now as more good news are happening this year.
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